<SEC-DOCUMENT>0001140361-22-001832.txt : 20220118
<SEC-HEADER>0001140361-22-001832.hdr.sgml : 20220118
<ACCEPTANCE-DATETIME>20220118160523
ACCESSION NUMBER:		0001140361-22-001832
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20220118
FILED AS OF DATE:		20220118
DATE AS OF CHANGE:		20220118

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALGONQUIN POWER & UTILITIES CORP.
		CENTRAL INDEX KEY:			0001174169
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37946
		FILM NUMBER:		22535215

	BUSINESS ADDRESS:	
		STREET 1:		354 DAVIS ROAD
		CITY:			OAKVILLE
		STATE:			A6
		ZIP:			L6J2X1
		BUSINESS PHONE:		0000000000

	MAIL ADDRESS:	
		STREET 1:		354 DAVIS ROAD
		CITY:			OAKVILLE
		STATE:			A6
		ZIP:			L6J2X1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALGONQUIN POWER INCOME FUND
		DATE OF NAME CHANGE:	20020523
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>brhc10032853_6k.htm
<DESCRIPTION>6-K
<TEXT>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
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    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM 6-K</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 2px; width: 20%; color: #54301A; background-color: #54301A; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER</div>
    <div style="text-align: center; font-weight: bold;">Pursuant to Rule 13a-16 or 15d-16 of the</div>
    <div style="text-align: center; font-weight: bold;">Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Date: January 18, 2022</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-size: 10pt; font-weight: bold;">Commission File Number:</font><font style="font-size: 10pt;">&#160;<font style="font-weight: bold;">001-37946</font></font></div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-size: 10pt;"><font style="font-weight: bold;"> <br>
        </font></font></div>
    <div style="text-align: center; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 2px; width: 20%; color: #54301A; background-color: #54301A; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; font-size: 24pt; font-weight: bold;">Algonquin Power &amp; Utilities Corp.</div>
    <div style="text-align: center; font-weight: bold;">(Translation of registrant&#8217;s name into English)</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 2px; width: 20%; color: #54301A; background-color: #54301A; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">354 Davis Road</div>
    <div style="text-align: center; font-weight: bold;">Oakville, Ontario, L6J 2X1, Canada</div>
    <div style="text-align: center; font-weight: bold;">(Address of principal executive offices)</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; font-weight: bold;">
      <hr noshade="noshade" align="center" style="height: 2px; width: 20%; color: #54301A; background-color: #54301A; margin-left: auto; margin-right: auto; border: none;"></div>
    <div style="text-indent: 36pt;"> <br>
    </div>
    <div style="text-indent: 36pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
    <div><br>
    </div>
    <div style="text-indent: 108pt; font-size: 14pt;"><font style="font-size: 10pt;">Form 20-F &#9744;&#160; &#160; Form 40-F &#9746;</font></div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 14pt;"><font style="font-size: 10pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): &#9744;</font></div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 14pt;"><font style="font-size: 10pt;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): &#9744;</font></div>
    <div><br>
      <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
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    <div style="text-align: center; font-weight: bold;">EXHIBIT INDEX</div>
    <div>The following exhibits are filed as part of this Form 6-K:</div>
    <div> <br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z43128a78216e4315b0f9129041002b4d">

        <tr>
          <td style="width: 6%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;">Exhibit</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>Description</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: bottom;">&#160;</td>
          <td colspan="2" style="vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">
            <div><a href="brhc10032853_ex99-1.htm">99.1</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: bottom;">
            <div>Third Supplemental Indenture, dated January 18, 2022, by and among Algonquin Power &amp; Utilities Corp., American Stock Transfer Trust Company, LLC, as U.S. Trustee and TSX Trust Company, as Canadian Co-Trustee</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: bottom;">
            <div><a href="brhc10032853_ex99-2.htm">99.2</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: bottom;">
            <div>Indenture, dated January 18, 2022, by and among Algonquin Power &amp; Utilities Corp. and TSX Trust Company, as Trustee</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: bottom;">
            <div><a href="brhc10032853_ex99-3.htm">99.3</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: bottom;">
            <div>First Supplemental Indenture, dated January 18, 2022, by and among Algonquin Power &amp; Utilities Corp. and TSX Trust Company, as Trustee</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: bottom;">
            <div><a href="brhc10032853_ex99-4.htm">99.4</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div>Provisions Attaching to Preferred Shares, Series H of Algonquin Power &amp; Utilities Corp.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: bottom;">
            <div><a href="brhc10032853_ex99-5.htm">99.5</a></div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 93%; vertical-align: top;">
            <div>Provisions Attaching to Preferred Shares, Series I of Algonquin Power &amp; Utilities Corp.</div>
          </td>
        </tr>

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    <div><br>
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    <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
    <div style="text-align: center;"> <br>
    </div>
    <div>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, thereunto duly authorized.</div>
    <div> <br>
    </div>
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        <tr>
          <td style="width: 50%; vertical-align: bottom;"><br>
          </td>
          <td colspan="3" rowspan="1" style="width: 3%; vertical-align: top;">
            <div>ALGONQUIN POWER &amp; UTILITIES CORP.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td colspan="3" rowspan="1" style="width: 3%; vertical-align: top;">
            <div>(registrant)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td style="width: 3%; vertical-align: top;"><br>
          </td>
          <td colspan="2" style="vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom; padding-bottom: 2px;">
            <div>Date: January 18, 2022</div>
          </td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div>By:</div>
          </td>
          <td style="width: 41%; vertical-align: bottom; border-bottom: 2px solid black;">
            <div>/s/ Arthur Kacprzak&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td style="width: 6%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td colspan="3" style="vertical-align: top;">
            <div>Name: Arthur Kacprzak</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">&#160;</td>
          <td colspan="3" style="vertical-align: top;">
            <div>Title:&#160;&#160; Chief Financial Officer</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div>&#160;</div>
    <div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>brhc10032853_ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;">Exhibit 99.1</div>
    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;"> <br>
    </div>
    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;">
      <div style="font-weight: normal;">Execution Version</div>
    </div>
    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;"> <br>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
    <div>&#160;</div>
    <div style="text-align: center;">as Issuer</div>
    <div>&#160;</div>
    <div style="text-align: center;">and</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">AMERICAN STOCK TRANSFER &amp; TRUST COMPANY, LLC</div>
    <div>&#160;</div>
    <div style="text-align: center;">as the U.S. trustee, the U.S. registrar, the U.S. paying agent and the U.S. transfer agent</div>
    <div>&#160;</div>
    <div style="text-align: center;">and</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">TSX TRUST COMPANY</div>
    <div>&#160;</div>
    <div style="text-align: center;">as the Canadian trustee, the Canadian registrar and the Canadian transfer agent</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">THIRD SUPPLEMENTAL INDENTURE</div>
    <div>&#160;</div>
    <div style="text-align: center;">PROVIDING FOR THE ISSUE OF</div>
    <div>&#160;</div>
    <div style="text-align: center;">4.750% FIXED-TO-FIXED RESET RATE JUNIOR SUBORDINATED</div>
    <div>&#160;</div>
    <div style="text-align: center;">NOTES SERIES 2022-B DUE January 18, 2082</div>
    <div>&#160;</div>
    <div style="text-align: center;">Dated as of January 18, 2022</div>
    <div style="text-align: center;"> <br>
    </div>
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          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">TABLE OF CONTENTS</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div><u>Page</u></div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Interpretation</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 1.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Definitions</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 1.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Interpretation Not Affected By Headings, etc.</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 1.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Incorporation of Certain Definitions</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 1.4.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Definition of &#8220;this Indenture&#8221;</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>7</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 2</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">The Notes</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 2.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Designation and Principal Amount</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 2.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Terms of Notes</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 2.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Form of Notes</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 2.4.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Registrar and Transfer Agent, Paying Agent and Calculation Agent</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 2.5.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Additional Amounts</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>9</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 3</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Redemption and Purchase for Cancellation of The Notes</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 3.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Redemption of Notes at the Option of the Issuer</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 3.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Notice to U.S. Trustee</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 3.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Early Redemption upon a Tax Event</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 3.4.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Early Redemption upon a Rating Event</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 3.5.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Notice of Redemption</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 3.6.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Purchase of the Notes for Cancellation</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 3.7.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Applicability of Certain Redemption Provisions in Original Indenture</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>13</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">-i-</font></div>
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        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 4</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Automatic Conversion</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 4.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Automatic Conversion</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 4.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Right Not to Deliver the Conversion Preferred Shares</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 4.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Precondition to Delivery of Preferred Shares</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>14</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 5</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Deferral Right</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 5.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Deferral Right</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 5.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>No Limit</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>15</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 5.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Dividend Stopper Undertaking</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>15</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 6</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Subordination</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Notes Subordinated to Senior Indebtedness</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>15</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 6.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Disputes with Holders of Certain Senior Indebtedness</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Subrogation</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 6.4.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Obligation of Issuer Unconditional</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.5.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Payments on Notes Permitted</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 6.6.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Effectuation of Subordination by Trustees</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.7.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Knowledge of Trustees</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 6.8.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Trustees May Hold Senior Indebtedness</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.9.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Rights of Holders of Senior Indebtedness Not Impaired</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 6.10.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Article Applicable to Paying Agents</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>19</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 6.11.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Trustee; Compensation Not Prejudiced</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>19</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 7</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 7.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>19</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 11%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 85%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Additional Covenant</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 8.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Additional Covenant</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>20</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
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        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Events of Default</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 9.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Events of Default</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>20</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Amendment, Supplement and Waiver</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 10.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Without the Consent of Holders</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>21</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 10.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>With the Consent of Holders</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>22</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Indenture Supplemental to Original Indenture</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 11.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Indenture Supplemental to Original Indenture</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>23</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 12</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Acceptance of Trusts by Trustees</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 12.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Acceptance of Trusts by Trustees</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>23</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">ARTICLE 13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">&#160;</td>
          <td style="width: 85%; vertical-align: top;">&#160;</td>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="vertical-align: top;">
            <div style="text-align: center;">Miscellaneous</div>
          </td>
        </tr>
        <tr>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 13.1.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Counterparts</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>23</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 13.2.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Governing Law; Waiver of Trial by Jury</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>24</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 13.3.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Consent to Jurisdiction and Service of Process</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>24</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 13.4.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Benefits of Indenture</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>25</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>SECTION 13.5.</div>
          </td>
          <td style="width: 85%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div>Severability</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>25</div>
          </td>
        </tr>
        <tr>
          <td style="width: 11%; vertical-align: top;">
            <div>SECTION 13.6.</div>
          </td>
          <td style="width: 85%; vertical-align: top;">
            <div>Successors and Assigns</div>
          </td>
          <td style="width: 4%; vertical-align: middle; text-align: right;">
            <div>25</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
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    </div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">THIS THIRD SUPPLEMENTAL INDENTURE</font><font style="font-size: 10pt;"> (the &#8220;<u>Third Supplemental Indenture</u>&#8221;) dated as of January 18, 2022, <font style="color: rgb(0, 0, 0);">among ALGONQUIN POWER &amp; UTILITIES CORP.</font>, a company duly organized and existing under the laws of Canada (hereinafter called the <font style="color: rgb(0, 0, 0);">&#8220;<u>Issuer</u>&#8221; and, when referred to in
          the Original Indenture, the &#8220;<u>Corporation</u>&#8221;</font>), <font style="color: rgb(0, 0, 0);">AMERICAN STOCK TRANSFER &amp; TRUST COMPANY</font>, <font style="color: rgb(0, 0, 0);">LLC</font>, a New York limited liability trust company, as the
        U.S. trustee, the U.S. registrar, the U.S. paying agent and the U.S. transfer agent (hereinafter called the <font style="color: rgb(0, 0, 0);">&#8220;<u>U.S. Trustee</u>&#8221;)</font> and <font style="color: rgb(0, 0, 0);">TSX TRUST COMPANY</font>, a trust
        company existing under the federal laws of Canada, as the Canadian trustee, the Canadian registrar and the Canadian transfer agent.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS by an indenture (the <font style="color: rgb(0, 0, 0);">&#8220;<u>Original Indenture</u>&#8221;</font>) dated as of October 17, 2018 among the Issuer, the U.S. Trustee and the Canadian Trustee (under its former name, AST
      Trust Company (Canada) (&#8220;<u>AST</u>&#8221;)), provision was made for the issue of subordinated notes of the Issuer without limitation as to the aggregate principal amount subject to the provisions of the Original Indenture;</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS on or about September 1, 2021, AST amalgamated with TSX Trust Company to form &#8220;TSX Trust Company&#8221;, such that pursuant to Section 6.12 of the Original Indenture, TSX Trust Company, as the successor entity, now
      acts as the Canadian trustee, the Canadian registrar and the Canadian transfer agent under the Original Indenture (hereinafter called the &#8220;<u>Canadian Trustee</u>&#8221; and, together with the U.S. Trustee, the &#8220;<u>Trustees</u>&#8221;);</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS the Issuer is desirous of issuing subordinated notes under the provisions of the Original Indenture and this Third Supplemental Indenture, as a series of Securities to be designated as 4.750% Fixed-to-Fixed Reset
      Rate Junior Subordinated Notes Series 2022-B <font style="color: rgb(0, 0, 0);">d</font>ue January 18, 2082 (the <font style="color: rgb(0, 0, 0);">&#8220;<u>Notes</u>&#8221;</font>);</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS the Issuer and the Trustees have agreed to supplement the Original Indenture as herein provided;</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS all necessary action has been taken by the Issuer to make the Notes, when certified by the U.S. Trustee and issued and authenticated as provided in this Third Supplemental Indenture, valid, binding and legal
      obligations of the Issuer with the benefits and subject to the terms of the Original Indenture and to make this Third Supplemental Indenture a valid and binding agreement of the Issuer, in accordance with its terms; and</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">WHEREAS the foregoing recitals are made as representations and statements of fact by the Issuer and not by the Trustees.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">NOW, THEREFORE, THIS INDENTURE WITNESSETH</font><font style="font-size: 10pt;"> and it is hereby covenanted, agreed and declared as follows:</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 1</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Interpretation</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 1.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Definitions</u>.<font style="font-weight: bold;">&#160; </font>In this Third Supplemental Indenture, unless there is
        something in the subject matter or context inconsistent therewith:</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">2</font></div>
    </div>
    <!--PROfilePageNumberReset%Num%2%%%-->
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Additional Amounts</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in Section 2.5(a).</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Automatic Conversion</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in Section 4.1.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Automatic Conversion Event</u>&#8221;</font><font style="font-size: 10pt;"> means an event giving rise to an Automatic Conversion, being the occurrence
        of any one of the following:&#160; (i) the making by the Issuer of a general assignment for the benefit of its creditors or a proposal (or the filing of a notice of its intention to do so) under the Bankruptcy and Insolvency Act (Canada), (ii) any
        proceeding instituted by the Issuer seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent or, where the Issuer is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement,
        adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an order for the appointment of a receiver, interim receiver, trustee or other similar official for the
        Issuer or any substantial part of its property and assets in circumstances where the Issuer is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, (iii) a receiver, interim receiver, trustee or other similar
        official is appointed over the Issuer or for any substantial part of its property and assets by a court of competent jurisdiction in circumstances where the Issuer is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or
        insolvent under any law relating to bankruptcy or insolvency in Canada, or (iv) any proceeding is instituted against the Issuer seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, or where the
        Issuer is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an
        order for the appointment of a receiver, interim receiver, trustee or other similar official for the Issuer or any substantial part of its property and assets in circumstances where the Issuer is adjudged as bankrupt or insolvent under any law
        relating to bankruptcy or insolvency in Canada, and either such proceeding has not been stayed or dismissed within sixty (60) days of the institution of any such proceeding or the actions sought in such proceedings occur (including the entry of an
        order for relief against the Issuer or the appointment of a receiver, interim receiver, trustee, or other similar official for it or for any substantial part of its property and assets).</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; color: rgb(0, 0, 0);">&#8220;<u>Calculation Agent</u>&#8221; means a third party independent financial institution of national standing in the United States or Canada with experience providing such services, which has been selected
      by the Issuer.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Canadian Taxes</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in Section 2.5(a).</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Common Shares</u>&#8221;<font style="font-weight: bold;">&#160;</font>means the common shares of the Issuer.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Comparable Treasury Issue</u>&#8221;<font style="font-weight: bold;">&#160;</font>means the United States Treasury security selected by the Independent Investment Banker as having a maturity comparable to the remaining term of
      the Notes to be redeemed if the Notes matured on the first day of the next Par Call Period.</div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">3</font></div>
    </div>
    <div style="text-indent: 72pt;">&#8220;<u>Comparable Treasury Price</u>&#8221;<font style="font-weight: bold;">&#160;</font>means (i) the average of four Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest of such
      Reference Treasury Dealer Quotations or (ii) if the Independent Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Conversion Preferred Shares</u>&#8221;</font><font style="font-size: 10pt;"> means the newly issued series of preferred shares of the Issuer to be issued
        to Holders of Notes upon an Automatic Conversion.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Conversion Time</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in Section 4.1.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Dividend Restricted Shares</u>&#8221;</font><font style="font-size: 10pt;"> means, collectively, the Preferred Shares and the Common Shares.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Deferral Period</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in Section 5.1.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Five-Year U.S. Treasury Rate</u>&#8221; means, on any Interest Rate Calculation Date, the average of the yields on actively traded United States Treasury securities adjusted to constant maturity, for five-year maturities,
      for the most recent five Business Days appearing under the caption &#8220;Treasury Constant Maturities&#8221; in the most recent H.15.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>H.15</u>&#8221; means the daily statistical release designated as such, or any successor publication as determined by the<font style="color: rgb(0, 0, 255);">&#160;</font>Calculation Agent in its sole discretion, published by
      the U.S. Federal Reserve Board, and &#8220;most recent H.15&#8221; means the H.15 published closest in time but prior to the close of business on the applicable Interest Rate Calculation Date.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>hereto</u>&#8221;</font><font style="font-size: 10pt;">, <font style="color: rgb(0, 0, 0);">&#8220;<u>hereby</u>&#8221;</font>, <font style="color: rgb(0, 0, 0);">&#8220;<u>hereunder</u>&#8221;</font>,
        <font style="color: rgb(0, 0, 0);">&#8220;<u>hereof</u>&#8221;</font>, <font style="color: rgb(0, 0, 0);">&#8220;<u>herein</u>&#8221;</font> and similar expressions refer to this Third Supplemental Indenture and not to any particular article, section, subdivision or
        other portion hereof.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Holders</u>&#8221;</font><font style="font-size: 10pt;"> means the registered holders, from time to time, of the Notes or, where the context requires,
        all of such holders.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Independent Investment Banker</u>&#8221;</font><font style="font-size: 10pt;"> means any one of BofA Securities, Inc. or Wells Fargo Securities, LLC and
        their successors, as specified by the Issuer, or, if neither of such firms is willing or able to select the Comparable Treasury Issue, an independent investment banking institution of national standing in the United States appointed by the Issuer.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Ineligible Person</u>&#8221;</font><font style="font-size: 10pt;"> means any Person whose address is in, or whom the Issuer or its transfer agent has
        reason to believe is a resident of, any jurisdiction outside of Canada and the United States to the extent that:&#160; (i) the issuance or delivery by the Issuer to such Person, upon an Automatic Conversion, of Conversion Preferred Shares, would require
        the Issuer to take any action to comply with securities or analogous laws of such jurisdiction or (ii) withholding tax would be applicable in connection with the delivery to such Person of Conversion Preferred Shares upon an Automatic Conversion.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Payment Date</u>&#8221;</font><font style="font-size: 10pt;"> means January 18 and July 18 of each year during which any Notes are outstanding
        until the Maturity Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Rate Calculation Date</u>&#8221;</font><font style="font-size: 10pt;"> means the Business Day immediately preceding an Interest Reset Date.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">4</font></div>
    </div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Reset Date</u>&#8221;</font><font style="font-size: 10pt;"> means April 18, 2027 and every fifth anniversary of such date thereafter.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Issue Date</u>&#8221; means January 18, 2022.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Maturity Date</u>&#8221;</font><font style="font-size: 10pt;"> means January 18, 2082.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Notes</u>&#8221;</font><font style="font-size: 10pt;"> means the 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B <font style="color: rgb(0, 0, 0);">d</font>ue January 18, 2082 issued by the Issuer hereunder.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Original Indenture</u>&#8221;</font><font style="font-size: 10pt;"> has the meaning ascribed to such term in the first recital to this Third Supplemental
        Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Par Call Period</u>&#8221;</font><font style="font-size: 10pt;"> means the period from, and including, the January 18 immediately preceding an Interest
        Reset Date to, and including, that particular Interest Reset Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Parity Notes</u>&#8221;</font><font style="font-size: 10pt;"> means any class or series of Issuer indebtedness outstanding on the date of this Third
        Supplemental Indenture or thereafter created which ranks on a parity with the Notes (prior to any Automatic Conversion) as to distributions upon liquidation, dissolution or winding-up.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Preferred Shares</u>&#8221; means the preferred shares of the Issuer (including the Series A Preferred Shares, the Series B Preferred Shares, the Series C Preferred Shares, the Series D Preferred Shares, the Series E
      Preferred Shares, the Series F Preferred Shares, the Series G Preferred Shares, the Conversion Preferred Shares and the Series H Preferred Shares).</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Prospectus</u>&#8221; means the short form base shelf prospectus dated November 18, 2021, as supplemented by the prospectus supplement dated January 12, 2022, relating to the offering by the Issuer of the Notes, including
      all documents incorporated by reference therein.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Rating Event</u>&#8221;</font><font style="font-size: 10pt;">&#160;means a change to the methodology or criteria that were employed by any nationally
        recognized statistical rating organization for purposes of assigning equity credit to securities such as the Notes on the Issue Date, which either (i) shortens the period of time during which equity credit pertaining to the Notes would have been in
        effect had the methodology not been changed or (ii) reduces the amount of equity credit assigned to the Notes as compared with the amount of equity credit that such rating agency had assigned to the Notes as of the Issue Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Reference Treasury Dealer</u>&#8221; means each of BofA Securities, Inc. or Wells Fargo Securities, LLC and their respective successors and two other primary U.S. government securities dealers (each a &#8220;<u>Primary Treasury
        Dealer</u>&#8221;), as specified by the Issuer&#894; <font style="font-style: italic;">provided</font> that (i) if any of the foregoing shall cease to be a Primary Treasury Dealer, the Issuer will substitute therefor another Primary Treasury Dealer and (ii)
      if the Issuer fails to select a substitute within a reasonable period of time, then the substitute will be a Primary Treasury Dealer selected by the Independent Investment Banker after consultation with the Issuer.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">5</font></div>
    </div>
    <div style="text-indent: 72pt;">&#8220;<u>Reference Treasury Dealer Quotations</u>&#8221; means, with respect to a Reference Treasury Dealer and any Redemption Date, the average, as determined by the Independent Investment Banker, of the bid and asked prices for
      the Comparable Treasury Issue (expressed, in each case, as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day
      preceding such Redemption Date.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Relevant Taxing Jurisdiction</u>&#8221; has the meaning ascribed to such term in Section 2.5(a).</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Senior Indebtedness</u>&#8221; means obligations (other than non-recourse obligations, debt securities (including the Notes) issued under the Indenture or any other obligations specifically designated as being subordinate
      in right of payment to Senior Indebtedness) of, or guaranteed or assumed by, the Issuer for borrowed money or evidenced by bonds, debentures or notes or obligations of the Issuer for or in respect of bankers&#8217; acceptances (including the face amount
      thereof), letters of credit and letters of guarantee (including all reimbursement obligations in respect of each of the foregoing) or other similar instruments, and amendments, renewals, extensions, modifications and refunding of any such
      indebtedness or obligation.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series A Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series A.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series B Preferred Shares</u>&#8221; means the Issuer&#8217;s nil cumulative floating rate preferred shares, Series B.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series C Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series C.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series D Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series D.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series E Preferred Shares</u>&#8221; means the Issuer&#8217;s nil cumulative floating rate preferred shares, Series E.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series F Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-floating preferred shares, Series F.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series G Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-floating preferred shares, Series G.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Series H Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-fixed preferred shares, Series H.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Tax</u>&#8221; means any present or future tax, duty, levy, impost, assessment or other governmental charge (including penalties, interest and other liabilities related thereto), in each case in the nature of a tax,
      imposed or levied by a governmental authority.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Tax Act</u>&#8221; means the <font style="font-style: italic;">Income Tax Act </font>(Canada) and the regulations thereunder.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">6</font></div>
    </div>
    <div style="text-indent: 72pt; font-size: 12pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Tax Event</u>&#8221;</font><font style="font-size: 10pt;"> means the Issuer has received an opinion of counsel of nationally recognized standing in the
        United States or Canada or, if applicable, the Relevant Taxing Jurisdiction experienced in such matters to the effect that, as a result of (i) any amendment or change to the laws (or any regulations or rulings thereunder) of any Relevant Taxing
        Jurisdiction or any applicable tax treaty or (ii) any change in the application, administration or interpretation of such laws, regulations, rulings or treaties (including any judicial decision rendered by a court of competent jurisdiction with
        respect to such laws, regulations, rulings or treaties), in each of (i) and (ii), by any legislative body, court, governmental authority or agency, regulatory body or taxing authority, which amendment or change is effective on or after the Issue
        Date (or if the Relevant Taxing Jurisdiction has changed since the Issue Date, the date on which the applicable jurisdiction became a Relevant Taxing Jurisdiction) (including, for the avoidance of doubt, any such amendment or change made on or
        after the Issue Date (or the date on which the applicable jurisdiction became a Relevant Taxing Jurisdiction, as applicable) that has retroactive effect to a date prior to the Issue Date (or the date on which the applicable jurisdiction became a
        Relevant Taxing Jurisdiction, as applicable)), (A) the Issuer has been or will be obligated to pay Additional Amounts pursuant to Section 2.5 and the Issuer cannot avoid such obligation by taking commercially reasonable measures to avoid it; or (B)
        there is more than an insubstantial risk that interest payable by the Issuer on the Notes is not deductible, or within 90 days would not be deductible, in whole or in part, by the Issuer for Canadian federal income tax purposes.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">&#8220;<u>Treasury Rate</u>&#8221; means (i) the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published H.15 for the maturity corresponding to the
      Comparable Treasury Issue (if no maturity is within three months before or after the remaining term of the Notes (assuming the Notes matured on the first day of the next Par Call Period), yields for the two published maturities most closely
      corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month) or (ii) if such release (or any successor release)
      is not published during the week preceding the calculation date or does not contain such yields, the rate per year equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated by the Issuer using a price for the
      Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date. The Treasury Rate shall be calculated by the Issuer on the third Business Day preceding the Redemption
      Date.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">Words importing the singular include the plural and vice versa and words importing the masculine gender include the feminine gender and vice versa.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 1.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Interpretation Not Affected By Headings, etc</u>.&#160; The division of this Third Supplemental Indenture into Articles and
        Sections, the provision of a table of contents and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation of this Third Supplemental Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 1.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Incorporation of Certain Definitions</u>.&#160; All terms contained in this Third Supplemental Indenture which are defined
        in the Original Indenture, as supplemented and amended to the date hereof, shall, for all purposes hereof, have the meanings given to such terms in the Original Indenture, as so supplemented and amended, unless otherwise defined herein or unless
        the context otherwise specifies or requires.</font></div>
    <div>&#160;</div>
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      <div style="page-break-after:always;" id="DSPFPageBreak">
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">7</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 1.4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Definition of &#8220;this Indenture&#8221;</u>.&#160; The term &#8220;this Indenture&#8221;, whenever used herein, means the Original Indenture as
        supplemented and amended by this Third Supplemental Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 2</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>The Notes</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 2.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Designation and Principal Amount</u>.<font style="font-weight: bold;">&#160; </font>There is hereby authorized and
        established a series of Securities under the Indenture, designated as &#8220;4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B due January 18, 2082&#8221;, which is not limited in aggregate principal amount. The aggregate principal
        amount of the Notes to be initially issued shall be limited to $750,000,000.&#160; The Issuer may from time to time issue additional Notes hereunder in accordance with Section 3.3 of the Original Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 2.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Terms of Notes</u>.&#160; (a)&#160; The Notes shall be dated as of the Issue Date, regardless of their actual date of issue, and
        shall mature on the Maturity Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Notes will bear interest from, and including, the Issue Date to, but excluding, April 18, 2027 at a rate of 4.750% per annum.&#160;
        On April 18, 2027 and on every<font style="font-weight: bold;">&#160;</font>Interest Reset Date thereafter, the interest rate on the Notes shall be reset, and the Notes will bear interest at a rate per annum equal to the Five-Year U.S. Treasury Rate on
        the Interest Rate Calculation Date for such Interest Reset Date plus, (i) for the period from, and including, April 18, 2027 to, but excluding, April 18, 2032, 3.249%, (ii) for the period from, and including, April 18, 2032 to, but excluding, April
        18, 2052, 3.499% and (iii) for the period from, and including, April 18, 2052 to, but excluding, the Maturity Date, 4.249%, in each case, to be reset on each Interest Reset Date.&#160; Subject to Article 5, the Issuer will pay interest semi-annually in
        arrears on each Interest Payment Date, commencing on July 18, 2022.&#160; Subject to Article 5, interest as aforesaid shall be payable after as well as before default, with interest on overdue interest, in like money, at the same rates and on the same
        dates.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The amount of interest payable will be computed on the basis of a 360-day year consisting of twelve 30-day months.&#160; The amount of
        interest payable for any period shorter than a full semi-annual period for which interest is computed will be computed on the basis of the number of days in the period using 30&#8209;day calendar months.&#160; For the purposes of disclosure under the <font style="font-style: italic;">Interest Act</font> (Canada), and without affecting the interest payable on the Notes, whenever the interest rate on the Notes is to be calculated on the basis of a period of less than a calendar year, the yearly
        interest rate equivalent for such interest rate will be the interest rate multiplied by the actual number of days in the relevant calendar year and divided by 360.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">If an Interest Payment Date, a Redemption Date or the Maturity Date of the Notes falls on a day that is not a Business Day, the
        payment of interest and principal will be made on the next succeeding Business Day, and, if such payment is so made, no interest on such payment will accrue for the period from and after the Interest Payment Date, the Redemption Date or the
        Maturity Date, as applicable.</font></div>
    <div>&#160;</div>
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      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">8</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Interest payments will be made to Holders in whose names the Notes are registered at the close of business on the January 3 and
        July 3 immediately preceding the applicable Interest Payment Date, whether or not a Business Day.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(f)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Unless all of the outstanding Notes have been redeemed as of April 18, 2027, the Issuer will appoint a Calculation Agent with
        respect to the Notes prior to the Interest Rate Calculation Date preceding April 18, 2027.&#160; The Issuer or any of its affiliates may assume the duties of the Calculation Agent.&#160; The applicable interest rate for each Interest Reset Date will be
        determined by the Calculation Agent as of the applicable Interest Rate Calculation Date.&#160; If the Issuer or one of its affiliates is not the Calculation Agent, the Calculation Agent will notify the Issuer of the interest rate for the relevant
        Interest Reset Date promptly upon such determination.&#160; The Issuer will notify the Trustee of such interest rate, promptly upon making or being notified of such determination.&#160; The Calculation Agent&#8217;s determination of any interest rate and its
        calculation of the amount of interest for any Interest Reset Date beginning on or after April 18, 2027 will be conclusive and binding absent manifest error, will be made in the Calculation Agent&#8217;s sole discretion and, notwithstanding anything to
        the contrary in the documentation relating to the Notes, will become effective without consent from any other person or entity.&#160; Such determination of any interest rate and calculation of the amount of interest will be on file at the Issuer&#8217;s
        principal offices and will be made available to any holder of the Notes upon request.&#160; In no event shall either Trustee be the Calculation Agent, nor shall either Trustee have any liability for any determination made by or on behalf of such
        Calculation Agent.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(g)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">If the Five-Year U.S. Treasury Rate cannot be determined pursuant to the method described above, the Calculation Agent, after
        consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it deems reasonable from which to estimate the Five-Year U.S. Treasury Rate, will determine the Five-Year U.S. Treasury Rate in its sole
        discretion; <font style="font-style: italic;">provided</font> that if the Calculation Agent determines there is an industry-accepted successor Five-Year U.S. Treasury Rate, then the Calculation Agent will use such successor rate.&#160; If the
        Calculation Agent has determined a substitute or successor base rate in accordance with the foregoing, the Calculation Agent in its sole discretion may determine the business day convention, the definition of &#8220;business day&#8221; and the Interest Rate
        Calculation Date to be used and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the Five-Year U.S. Treasury
        Rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 2.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Form of Notes</u>.&#160; (a)&#160; Subject to Section 3.6 of the Original Indenture, the Notes shall be issued only as fully
        registered global Notes in minimum denominations of $2,000.00 and integral multiples of $1,000.00 in excess thereof.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Notes and the certificate of the U.S. Trustee endorsed thereon shall be in the English language and shall be substantially in
        the form set out in Exhibit A hereto, with such appropriate additions, deletions, substitutions and variations as the Trustees may approve and shall bear such distinguishing letters and numbers as the Trustees may approve, such approval of the
        Trustees to be conclusively evidenced by its certification of the Notes.</font></div>
    <div>&#160;</div>
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      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">9</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Notes may be engraved, printed or lithographed, or partly in one form and partly in another, as the Issuer may determine.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 2.4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Registrar and Transfer Agent, Paying Agent and Calculation Agent</u>.&#160; The Issuer hereby appoints the U.S. Trustee as
        the U.S. registrar, U.S. transfer agent and U.S. paying agent of the Notes and the U.S. Trustee hereby accepts such appointment.&#160; The Issuer hereby appoints the Canadian Trustee as the Canadian transfer agent and Canadian paying agent of the Notes
        and the Canadian Trustee hereby accepts such appointment.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 2.5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Additional Amounts</u>.&#160; (a)&#160; This Section 2.5 supersedes and replaces Section 10.2 of the Original Indenture with
        respect to the Notes.&#160; References to &#8220;Section 10.2&#8221; of the Original Indenture and the terms defined therein shall instead refer to this &#8220;Section 2.5&#8221; of this Third Supplemental Indenture, and the terms &#8220;Taxes&#8221;, &#8220;Relevant Taxing Jurisdiction&#8221; and
        &#8220;Additional Amounts&#8221; as defined in Section 10.2 of the Original Indenture shall instead having the meanings provided to them in this Third Supplemental Indenture.&#160; All payments made by or on account of any obligation of the Issuer under or with
        respect to the Notes shall be made free and clear of and without withholding or deduction for, or on account of, any present or future Taxes, unless the Issuer is required to withhold or deduct Taxes by law or by the interpretation or
        administration thereof by the relevant government authority or agency.&#160; If the Issuer is so required to withhold or deduct any Taxes imposed by the Government of Canada or any province or territory thereof or by any authority or agency therein or
        thereof having power to tax (a &#8220;<u>Relevant Taxing Jurisdiction</u>&#8221;, and such Taxes, &#8220;<u>Canadian Taxes</u>&#8221;) from any payment made under or with respect to the Notes, the Issuer shall pay as additional interest such additional amounts
        (hereinafter, &#8220;<u>Additional Amounts</u>&#8221;) as may be necessary so that the net amount received by each Holder (including Additional Amounts) after such withholding or deduction for Canadian Taxes shall not be less than the amount the Holder would
        have received if such Canadian Taxes had not been withheld or deducted; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that no Additional Amounts shall be payable with respect to a payment
        made to a Holder in respect of a Holder or beneficial owner (i) with which the Issuer does not deal at arm&#8217;s length (for purposes of the Tax Act) at the time of the making of such payment, (ii) which is subject to such Canadian Taxes by reason of
        the failure to comply with any certification, identification, information, documentation or other reporting requirement by a Holder or beneficial owner of the Notes if compliance is required by law, regulation, administrative practice or an
        applicable treaty as a precondition to exemption from, or a reduction in, the rate of deduction or withholding of, such Canadian Taxes, (iii) where all or any portion of the amount paid to such Holder relates to an amount that is or was deemed to
        be a dividend paid to such Holder pursuant to subsection 214(16) of the Tax Act, (iv) which is subject to such Canadian Taxes by reason of its carrying on business in or being connected with Canada or any province or territory thereof (including,
        without limitation, by being or having been a national, domiciliary or resident, or treated as a resident, of, or physically present in or having or having had a permanent establishment in, Canada or any province or territory thereof) otherwise
        than by the mere holding of Notes or the receipt of payments thereunder, (v) in respect of any applicable Taxes that are payable other than by withholding from payments under or with respect to the Notes, (vi) in respect of any estate, inheritance,
        gift, sale, transfer, personal property, excise or similar applicable Taxes, (vii) if the applicable Taxes would not have been imposed but for the presentation of such Note (in cases in which presentation is required) more than 30 days after the
        later of the date on which the relevant payment became due and payable pursuant to the terms thereof or was made or duly provided for, (viii) in respect of any applicable Taxes to the extent such applicable Taxes result from the presentation of any
        Note for payment (where presentation is required for payment) and the payment can be made without such withholding or deduction by the presentation of the Note for payment by at least one other paying agent, (ix) for any Taxes imposed pursuant to
        Sections 1471 through 1474 of the U.S. Internal Revenue Code of 1986, as amended (the &#8220;<u>Code</u>&#8221;) (or any amended or successor version of such sections) (&#8220;<u>FATCA</u>&#8221;), any regulations or other official guidance thereunder, any agreement
        entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreement entered into between a non-U.S. jurisdiction and the United States in connection with FATCA or any law, regulation or other official guidance enacted in any
        jurisdiction implementing FATCA and (x) in respect of any combination of applicable Taxes referred to in the preceding clauses (i) through (ix).&#160; The Issuer shall make such withholding or deduction and remit the full amount deducted or withheld to
        the relevant authority as and when required under applicable law.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">10</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Additional Amounts shall not be paid for any applicable Taxes if the holder is a fiduciary, partnership, limited liability company
        or person other than the sole beneficial owner of that payment to the extent that such payment would be required to be included in the income under the laws of the Relevant Taxing Jurisdiction, for tax purposes, of a beneficiary or settlor with
        respect to the fiduciary, a partner or member of that partnership or limited liability company or a beneficial owner who would not have been entitled to such Additional Amounts had that beneficiary, settlor, partner, member or beneficial owner been
        the holder thereof.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Whenever in the Indenture there is mentioned, in any context, (i) the payment of principal or premium, (ii) purchase prices in
        connection with a purchase of Notes, (iii) interest or (iv) any other amount payable on or with respect to the Notes, such reference shall be deemed to include payment of any Additional Amounts to the extent that, in such context, such Additional
        Amounts are, were or would be payable in respect thereof.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Issuer will pay any present or future stamp, court, documentary or similar Taxes that arise in any taxing jurisdiction from
        the execution, delivery, enforcement or registration of the Notes, the Indenture, or any other document or instrument required in relation thereof, and the Issuer agrees to indemnify the holders for any such Taxes paid by such holders. The
        obligations described under this heading will survive any termination, defeasance or discharge of the Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 3</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"> <br>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Redemption and Purchase for Cancellation of The Notes</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Redemption of Notes at the Option of the Issuer</u>.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem the
        Notes, in whole at any time or in part from time to time, on any date during a Par Call Period at a Redemption Price equal to 100.00% of the principal amount of the Notes redeemed together with accrued and unpaid interest (including deferred
        interest, if any) thereon to, but excluding, the Redemption Date.&#160; At any time not during a Par Call Period, the Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem the Notes, in
        whole at any time or in part from time to time, at a Redemption Price equal to the greater of (i) 100.00% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal
        and interest on such Notes (not including any portion of such payments of interest accrued as of the Redemption Date) that would be due if the Notes matured on the first day of the next succeeding Par Call Period, discounted to the Redemption Date
        (assuming a 360-day year comprising twelve 30-day months) at the Treasury Rate plus 50 basis points and on a semi-annual basis&#894; plus, in each case, accrued and unpaid interest (including deferred interest, if any) thereon to, but excluding, the
        Redemption Date.&#160; Any such optional redemption may be subject to such conditions as may be specified in the applicable notice of redemption pursuant to Section 3.5(e).</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">11</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Notwithstanding the occurrence of a Tax Event or Rating Event, the Issuer may elect to exercise the optional redemption right set
        forth in Section 3.1(a).</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Notice to U.S. Trustee</u>.&#160; This Section 3.2 supersedes and replaces Section 11.2 of the Original Indenture with
        respect to the Notes, and references to &#8220;Section 11.2&#8221; of the Original Indenture shall instead refer to this &#8220;Section 3.2&#8221; of this Third Supplemental Indenture.&#160; If the Issuer elects to redeem any Notes pursuant to the Indenture, the Issuer shall,
        at least 45 days prior to the Redemption Date fixed by the Issuer, unless a shorter notice period shall be reasonably satisfactory to the U.S. Trustee, notify the U.S. Trustee of such Redemption Date and the principal amount of Notes to be
        redeemed.&#160; Such notice shall be accompanied by an Officer&#8217;s Certificate and an Opinion of Counsel from the Issuer to the effect that such redemption shall comply with the terms of the Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Early Redemption upon a Tax Event</u>.&#160; This Section 3.3 supersedes and replaces Section 11.7 of the Original
        Indenture with respect to the Notes, and references to &#8220;Section 11.7&#8221; of the Original Indenture shall instead refer to this &#8220;Section 3.3&#8221; of this Third Supplemental Indenture.&#160; After the occurrence of a Tax Event, the Issuer may, at its option, on
        giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem all (but not less than all) of the Notes without the consent of the Holders.&#160; The Redemption Price per $1,000.00 principal amount of the Notes shall be equal
        to 100.00% of the principal amount thereof, together with accrued and unpaid interest (including deferred interest, if any) thereon to, but excluding, the Redemption Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Early Redemption upon a Rating Event</u>.&#160; </font>&#160;<font style="color: rgb(0, 0, 0);">At any time within 120 days
        following the</font><font style="font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="color: rgb(0, 0, 0);">occurrence of a Rating Event, the Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice
        to the Holders, redeem all (but not less than all) of the Notes without the consent of the Holders.&#160; The Redemption Price per $1,000.00 principal amount of the Notes shall be equal to 102.00% of the principal amount thereof, together with accrued
        and unpaid interest (including deferred interest, if any) thereon to, but excluding, the Redemption Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Notice of Redemption</u>.&#160; This Section 3.5 supersedes and replaces Section 11.4 of the Original Indenture with
        respect to the Notes, and references to &#8220;Section 11.4&#8221; of the Original Indenture shall instead refer to this &#8220;Section 3.5&#8221; of this Third Supplemental Indenture.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">12</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Notice of redemption shall be delivered not less than 30 days nor more than 60 days prior to the Redemption Date, to each Holder
        of Notes to be redeemed, at the address appearing in the Register.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">All notices of redemption shall state:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Redemption Date;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the Redemption Price (or if the Redemption Price cannot be calculated at such time, the methodology for the
        calculation of the Redemption Price);</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if less than all of the outstanding Notes are to be redeemed, the principal amount of Notes to be redeemed;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any conditions precedent to such redemption established in accordance with Section 3.5(e);</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(v)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">that, subject to the satisfaction or waiver of any conditions specified in such notice, on the Redemption Date,
        the Redemption Price, together with accrued and unpaid interest (including any deferred interest), if any, to the Redemption Date, will become due and payable upon each such Note to be redeemed, and that interest thereon will cease to accrue on and
        after such date;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(vi)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the place or places where each such Note is to be surrendered for payment of the Redemption Price and accrued
        interest, if any;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(vii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the &#8220;CUSIP&#8221; number or &#8220;ISIN&#8221; number printed on the Notes being redeemed; and</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(viii)</font>&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">such other matters as the Issuer shall deem desirable or appropriate.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Notice of redemption of the Notes to be redeemed at the election of the Issuer, and any notice of non-satisfaction of redemption
        as aforesaid, shall be given by the Issuer or, at the Issuer&#8217;s request, by the U.S. Trustee in the name and at the expense of the Issuer.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Subject to the satisfaction or waiver of any conditions specified in the relevant notice of redemption (established in accordance
        with Section 3.5(e)), notice of redemption shall be irrevocable and on the Redemption Date, the Notes subject to redemption shall become due and payable at the Redemption Price, and from and after such date (unless the Issuer shall default in the
        payment of the Redemption Price and accrued interest) such Notes shall cease to bear interest.&#160; Notes that are redeemed pursuant to this Article shall be cancelled and shall not be reissued.&#160; For the avoidance of doubt, whenever any determination
        is required to be made as to whether any redemption occurs within or not within a Par Call Period or any other specified period, the actual Redemption Date and not the date of notice of redemption shall govern.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">13</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Notice of any redemption of Notes may, at the Issuer&#8217;s discretion, be given subject to one or more conditions precedent,
        including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control of the
        Issuer or another entity).&#160; If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall
        not have been satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant Redemption Date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.6.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Purchase of the Notes for Cancellation</u>.&#160; (a)&#160; Subject to Section 5.3, the Issuer may purchase all or any of the
        Notes in the open market (which may include purchases from or through an investment dealer or a firm holding membership on or that is a participant of a recognized stock exchange) or by invitation for tenders or by private contract and, in each
        case, at any price, payable in cash.&#160; Notes purchased by the Issuer shall be delivered to the U.S. Trustee for cancellation and shall not be reissued.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">If, upon an invitation for tenders, more Notes than the Issuer is willing to purchase are tendered at the same lowest price, the
        Notes to be purchased by the Issuer shall be selected by the U.S. Trustee pro rata, or in such other manner as the U.S. Trustee may consider equitable in compliance with applicable law, from the Notes tendered by each Holder who tendered at such
        lowest price.&#160; For this purpose, the U.S. Trustee may make, and from time to time amend, regulations with respect to the manner in which the Notes may be so selected and regulations so made shall be valid and binding upon all Holders,
        notwithstanding the fact that, as a result thereof, one or more of such Notes become subject to purchase in part only.&#160; The Holder of any Notes of which a part only is purchased, upon surrender of such Notes for payment, shall be entitled to
        receive, without expense to such Holder, one or more new Notes for the unpurchased part so surrendered and the U.S. Trustee shall certify and deliver such new Notes upon receipt of the Notes so surrendered.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 3.7.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Applicability of Certain Redemption Provisions in Original Indenture</u>.&#160; Sections 11.3, 11.5 and 11.6 of the
        Original Indenture shall be applicable to the Notes.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 4</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Automatic Conversion</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 4.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Automatic Conversion</u>.&#160; Upon an Automatic Conversion Event (the &#8220;<u>Conversion Time</u>&#8221;), all Notes, including
        accrued and unpaid interest (including deferred interest) thereon, shall be automatically converted (the &#8220;<u>Automatic Conversion</u>&#8221;), without the consent of the Holders, into a newly issued series of fully paid Conversion Preferred Shares with a
        stated issue price of $1,000.00 per share. At the Conversion Time, Holders will receive one Conversion Preferred Share for each $1,000.00 principal amount of Notes, together with such number of Conversion Preferred Shares (including fractional
        shares, if applicable) calculated by dividing the amount of accrued and unpaid interest (including deferred interest) on each $1,000.00 principal amount of Notes from the immediately preceding Interest Payment Date to, but excluding, the date of
        the Automatic Conversion Event by $1,000.00.&#160; At the Conversion Time, all outstanding Notes shall be deemed to be immediately and automatically surrendered and cancelled without need for further action by the Holders, who shall thereupon
        automatically cease to be Holders thereof, and all rights of any such Holder as a debtholder of the Issuer shall automatically cease.&#160; For greater certainty, any Notes purchased or redeemed by the Issuer prior to the Conversion Time shall be deemed
        not to be outstanding, and shall not be subject to the Automatic Conversion.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">14</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 4.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Right Not to Deliver the Conversion Preferred Shares</u>.&#160; Upon an Automatic Conversion of the Notes, the Issuer
        reserves the right not to issue some or all, as applicable, of the Conversion Preferred Shares to Ineligible Persons.&#160; In such circumstances, the Issuer will hold all Conversion Preferred Shares that would otherwise be delivered to Ineligible
        Persons, as agent for such Ineligible Persons, and will attempt to facilitate the sale of such shares through a registered broker or dealer retained by the Issuer for the purpose of effecting the sale (to parties other than the Issuer, its
        affiliates or other Ineligible Persons) on behalf of such Ineligible Persons of such Conversion Preferred Shares.&#160; Such sales, if any, may be made at any time and any price.&#160; The Issuer will not be subject to any liability for failing to sell
        Conversion Preferred Shares on behalf of any such Ineligible Persons or at any particular price on any particular day.&#160; The net proceeds received by the Issuer from the sale of any such Conversion Preferred Shares will be divided among the
        Ineligible Persons in proportion to the number of Conversion Preferred Shares that would otherwise have been delivered to them, after deducting the costs of sale and any applicable Taxes or withholding on account of Taxes, if any.&#160; The Issuer will
        make payment of the aggregate net proceeds to DTC (if the Notes are then held in the book-entry only system) or to the registrar and transfer agent (in all other cases) for distribution to such Ineligible Persons in accordance with the Applicable
        Procedures or otherwise.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 4.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Precondition to Delivery of Preferred Shares</u>.&#160; As a precondition to the delivery of any certificate or other
        evidence of issuance representing any Conversion Preferred Shares or related rights following an Automatic Conversion, the Issuer may require a Holder (and persons holding Notes represented by such Holder) to deliver a declaration, in form and
        substance satisfactory to the Issuer, confirming compliance with any applicable regulatory requirements to establish that such Holder is not, and does not represent, an Ineligible Person.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 5</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Deferral Right</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 5.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Deferral Right</u>.&#160; So long as no Event of Default has occurred and is continuing, the Issuer may elect, at its sole
        option, at any date other than an Interest Payment Date, to defer the interest payable on the Notes on one or more occasions for up to five consecutive years (a &#8220;<u>Deferral Period</u>&#8221;).&#160; Such deferral will not constitute an Event of Default or
        any other breach under the Indenture and the Notes.&#160; Interest that is deferred or otherwise not paid will accrue, compounding to the extent permitted by law on each subsequent Interest Payment Date at the interest rate applicable for the
        immediately preceding interest period, until paid.&#160; A Deferral Period terminates on any Interest Payment Date on which the Issuer pays all accrued and unpaid interest on such date.&#160; No Deferral Period may extend beyond the Maturity Date and for
        greater certainty, all accrued and unpaid interest shall be due and payable at the Maturity Date.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">15</font></div>
    </div>
    <div style="text-indent: 72pt;">The Issuer will give the Holders of the Notes written notice of its election to commence a Deferral Period at least 10 days and not more than 60 days before the first applicable Interest Payment Date.&#160; After the
      commencement of a Deferral Period, the Issuer will give the Holders of the Notes written notice of its election to continue or terminate, as applicable, such Deferral Period, at least 10 days and not more than 60 days before each subsequent Interest
      Payment Date until the termination of such Deferral Period.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 5.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>No Limit</u>.&#160; There shall be no limit on the number of Deferral Periods that may occur pursuant to Section 5.1.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 5.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Dividend Stopper Undertaking</u>.&#160; Unless the Issuer has paid all accrued and unpaid interest on the Notes, the Issuer
        will not:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">declare any dividends on the Dividend Restricted Shares or pay any interest on any Parity Notes (other than
        stock dividends on Dividend Restricted Shares);</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">redeem, purchase or otherwise retire any Dividend Restricted Shares or Parity Notes (except (A) with respect
        to Dividend Restricted Shares, out of the net cash proceeds of a substantially concurrent issue of Dividend Restricted Shares or (B) pursuant to any purchase obligation, sinking fund, retraction privilege or mandatory redemption provisions
        attaching to any series of Dividend Restricted Shares); or</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">make any payment to holders of any of the Dividend Restricted Shares or any Parity Notes in respect of
        dividends not declared or paid on such Dividend Restricted Shares or interest not paid on such Parity Notes, respectively.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 6</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Subordination</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Notes Subordinated to Senior Indebtedness</u>.&#160; (a)&#160; Pursuant to and in accordance with Article 14 of the Original
        Indenture, the Notes shall be subordinated to the extent provided in this Article 6 of this Third Supplemental Indenture.&#160; The Issuer covenants and agrees, and each Holder of Notes, by the acceptance thereof, likewise covenants and agrees, that the
        indebtedness represented by the Notes and the payment of the principal of and interest on each and all of the Notes is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in
        full of all present and future Senior Indebtedness.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">16</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">In the event (i) of any insolvency or bankruptcy proceedings or any receivership, liquidation, reorganization or other similar
        proceedings in respect of the Issuer or a substantial part of its property, or of any proceedings for liquidation, dissolution or other winding-up of the Issuer, whether or not involving insolvency or bankruptcy or (ii) subject to the provisions of
        Section 6.2 that (A) a default shall have occurred with respect to the payment of principal of or interest on or other monetary amounts due and payable on any Senior Indebtedness or (B) there shall have occurred an event of default (other than a
        default in the payment of principal or interest or other monetary amounts due and payable) in respect of any Senior Indebtedness, as defined therein or in the instrument under which the same is outstanding, permitting the holder or holders thereof
        to accelerate the maturity thereof (with notice or lapse of time, or both), and such event of default shall have continued beyond the period of grace, if any, in respect thereof, and, in the cases of subclauses (A) and (B) of this clause (ii), such
        default or Event of Default shall not have been cured or waived or shall not have ceased to exist or (iii) that the principal of and accrued interest on the Notes shall have been declared due and payable pursuant to Section 5.2 of the Original
        Indenture and such declaration shall not have been rescinded and annulled as provided therein, then:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0);">(1)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The holders of all Senior Indebtedness shall first be entitled to receive payment of the full amount due
        thereon, or provision shall be made for such payment in money or money&#8217;s worth, before the Holders of any of the Notes are entitled to receive a payment on account of the principal of or interest on the indebtedness evidenced by the Notes,
        including, without limitation, any payments made pursuant to Article 3;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0);">(2)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Any payment by, or distribution of assets of, the Issuer of any kind or character, whether in cash, property or
        securities, to which the Holders of any of the Notes or the Trustees would be entitled except for the provisions of this Article shall be paid or delivered by the person making such payment or distribution, whether a trustee in bankruptcy, a
        receiver, receiver and manager or liquidating trustee or otherwise, directly to the holders of such Senior Indebtedness or their representative or representatives or to the trustee or trustees under any indenture under which any instruments
        evidencing any of such Senior Indebtedness may have been issued, ratably according to the aggregate amounts remaining unpaid on account of such Senior Indebtedness held or represented by each, to the extent necessary to make payment in full of all
        Senior Indebtedness remaining unpaid after giving effect to any concurrent payment or distribution (or provision therefor) to the holders of such Senior Indebtedness, before any payment or distribution is made to the holders of the indebtedness
        evidenced by the Notes or to the Trustees under this instrument; and</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0);">(3)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">In the event that, notwithstanding the foregoing, any payment by, or distribution of assets of, the Issuer of
        any kind or character, whether in cash, property or securities, in respect of principal of or interest on the Notes or in connection with any repurchase by the Issuer of the Notes, shall be received by the Trustees or the Holders of any of the
        Notes before all Senior Indebtedness is paid in full, or provision made for such payment in money or money&#8217;s worth, such payment or distribution in respect of principal of or interest on the Notes or in connection with any repurchase by the Issuer
        of the Notes shall be paid over to the holders of such Senior Indebtedness or their representative or representatives or to the trustee or trustees under any indenture under which any instruments evidencing any such Senior Indebtedness may have
        been issued, ratably as aforesaid, for application to the payment of all Senior Indebtedness remaining unpaid until all such Senior Indebtedness shall have been paid in full, after giving effect to any concurrent payment or distribution (or
        provision therefor) to the holders of such Senior Indebtedness.</font></div>
    <div>&#160;</div>
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      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">17</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Disputes with Holders of Certain Senior Indebtedness</u>.&#160; Any failure by the Issuer to make any payment on or perform
        any other obligation under Senior Indebtedness, other than any indebtedness incurred by the Issuer or assumed or guaranteed, directly or indirectly, by the Issuer for money borrowed (or any deferral, renewal, extension or refunding thereof) or any
        indebtedness or obligation as to which the provisions of this Section 6.2 shall have been waived by the Issuer in the instrument or instruments by which the Issuer incurred, assumed, guaranteed or otherwise created such indebtedness or obligation,
        shall not be deemed a default or event of default under Section 6.1(b)(ii) if (1) the Issuer shall be disputing its obligation to make such payment or perform such obligation and (2) either (i) no final judgment relating to such dispute shall have
        been issued against the Issuer, which is in full force and effect and is not subject to further review, including a judgment that has become final by reason of the expiration of the time within which a party may seek further appeal or review or
        (ii) in the event of a judgment that is subject to further review or appeal has been issued, the Issuer shall in good faith be prosecuting an appeal or other proceeding for review and a stay of execution shall have been obtained pending such appeal
        or review.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Subrogation</u>.&#160; Subject to the payment in full of all Senior Indebtedness, the Holders of the Notes shall be
        subrogated (equally and ratably with the holders of all obligations of the Issuer which by their express terms are subordinated to Senior Indebtedness of the Issuer to the same extent as the Notes are subordinated and which are entitled to like
        rights of subrogation) to the rights of the holders of Senior Indebtedness to receive payments or distributions of cash, property or securities of the Issuer applicable to the Senior Indebtedness until all amounts owing on the Notes shall be paid
        in full, and as between the Issuer, its creditors other than holders of such Senior Indebtedness and the Holders, no such payment or distribution made to the holders of Senior Indebtedness by virtue of this Article that otherwise would have been
        made to the Holders shall be deemed to be a payment by the Issuer on account of such Senior Indebtedness, it being understood that the provisions of this Article are and are intended solely for the purpose of defining the relative rights of the
        Holders, on the one hand, and the holders of Senior Indebtedness, on the other hand.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Obligation of Issuer Unconditional</u>.&#160; (a)&#160; Nothing contained in this Article or elsewhere in this Indenture or in
        the Notes is intended to or shall impair, as among the Issuer, its creditors other than the holders of Senior Indebtedness and the Holders, the obligation of the Issuer, which is absolute and unconditional, to pay to the Holders the principal of
        and interest on the Notes as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the relative rights of the Holders and creditors of the Issuer other than the holders of Senior
        Indebtedness, nor shall anything herein or therein prevent the Trustees or any Holder from exercising all remedies otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article of the
        holders of Senior Indebtedness in respect of cash, property or securities of the Issuer received upon the exercise of any such remedy.</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">18</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Upon payment or distribution of assets of the Issuer referred to in this Article, the Trustees and the Holders shall be entitled
        to rely upon any order or decree made by any court of competent jurisdiction in which any such dissolution, winding up, liquidation or reorganization proceeding affecting the affairs of the Issuer is pending or upon a certificate of the trustee in
        bankruptcy, receiver, receiver and manager, assignee for the benefit of creditors, liquidating trustee or agent or other person making any payment or distribution, delivered to the Trustees or to the Holders, for the purpose of ascertaining the
        persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness and other indebtedness of the Issuer, the amount thereof or payable thereon, the amount paid or distributed thereon and all other facts
        pertinent thereto or to this Article.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Payments on Notes Permitted</u>.&#160; Nothing contained in this Article or elsewhere in this Indenture or in the Notes
        shall affect the obligations of the Issuer to make, or prevent the Issuer from making, payment of the principal of or interest on the Notes in accordance with the provisions hereof and thereof, except as otherwise provided in this Article.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.6.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Effectuation of Subordination by Trustees</u>.&#160; Each Holder of Notes, by its acceptance thereof, authorizes and
        directs the Trustees on its behalf to take such action as may be necessary or appropriate to effectuate the subordination provided in this Article and appoints each Trustee its attorney-in-fact for any and all such purposes.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.7.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Knowledge of Trustees</u>.&#160; Notwithstanding the provisions of this Article or any other provisions of this Indenture,
        the Trustees shall not be charged with knowledge of the existence of any facts that would prohibit the making of any payment of moneys to or by a Trustee, or the taking of any other action by a Trustee, unless and until such Trustee shall have
        received written notice thereof mailed or delivered to such Trustee from the Issuer, any Holder, any paying agent or the holder or representative of any class of Senior Indebtedness; <font style="font-style: italic;">provided</font> that if at
        least three Business Days prior to the date upon which by the terms hereof any such moneys may become payable for any purpose (including, without limitation, the payment of the principal or interest on any Note) a Trustee shall not have received
        with respect to such moneys the notice provided for in this Section 6.7, then, anything herein contained to the contrary notwithstanding, such Trustee shall have full power and authority to receive such moneys and to apply the same to the purpose
        for which they were received and shall not be affected by any notice to the contrary that may be received by it within three Business Days prior to or on or after such date.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.8.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Trustees May Hold Senior Indebtedness</u>.&#160; Each Trustee shall be entitled to all the rights set forth in this Article
        with respect to any Senior Indebtedness at the time held by it, to the same extent as any other holder of Senior Indebtedness, and nothing in the Original Indenture or elsewhere in this Indenture shall deprive the Trustee of any of its rights as
        such holder.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.9.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Rights of Holders of Senior Indebtedness Not Impaired</u>.&#160; (a)&#160; No right of any present or future holder of any
        Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired by any act or failure to act on the part of the Issuer or by any noncompliance by the Issuer with the terms, provisions and covenants
        of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">19</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">With respect to the holders of Senior Indebtedness, (i) the duties and obligations of the Trustees shall be determined solely by
        the express provisions of this Indenture, (ii) the Trustees shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture, (iii) no implied covenants or obligations shall be read into
        this Indenture against the Trustees and (iv) the Trustees shall not be deemed to be a fiduciary as to such holders.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.10.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Article Applicable to Paying Agents</u>.&#160; In case at any time any paying agent other than a Trustee shall have been
        appointed by the Issuer and be then acting hereunder, the term &#8220;Trustee&#8221; as used in this Article shall in such case (unless the context shall require not otherwise) be construed as extending to and including such paying agent within its meaning as
        fully for all intents and purposes as if such paying agent were named in this Article in addition to or in place of the applicable Trustee; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that
        Sections 6.7 and 6.8 shall not apply to the Issuer if it acts as its own paying agent.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 6.11.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Trustee; Compensation Not Prejudiced</u>.&#160; Nothing in this Article shall apply to claims of, or payments to, the
        Trustee pursuant to Section 6.7 of the Original Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 7</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"> <br>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 7.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</u>.&#160; This Section 7.1 supersedes and replaces Section
        8.1 of the Original Indenture with respect to the Notes, and references to &#8220;Section 8.1&#8221; of the Original Indenture shall instead refer to this &#8220;Section 7.1&#8221; of this Third Supplemental Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Issuer shall not merge, amalgamate or consolidate with any other Person or sell, lease or convey all or substantially all of
        its assets to any Person, unless:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Issuer shall be the continuing Person, or the successor corporation or Person that acquires all or
        substantially all the assets of the Issuer shall expressly assume all of the covenants to be performed and conditions to be observed by the Issuer under the Indenture by supplemental indenture reasonably satisfactory to the Trustees executed and
        delivered to the Trustees by such Person;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">if any such successor Person referred to in clause (i) above, is organized under the laws of a jurisdiction
        other than the laws of Canada or any province or territory thereof or the United States, any state thereof or the District of Columbia, such successor person shall assume the Issuer&#8217;s obligations under this Third Supplemental Indenture to pay
        Additional Amounts, with the name of such successor jurisdiction being included in addition to Canada in each place that Canada appears in Section 2.5(a), including the definition of &#8220;Relevant Taxing Jurisdiction&#8221;;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">immediately after such merger, amalgamation, consolidation, sale, lease or conveyance the Issuer or such
        successor Person must not be in default in the performance of the covenants and conditions of the Indenture to be performed or observed by the Issuer; and</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">20</font></div>
    </div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Issuer shall deliver to the Trustees an Officer&#8217;s Certificate and an Opinion of Counsel, each stating that
        such consolidation, amalgamation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, comply with this Section 7.1 and that all conditions precedent
        herein provided for relating to such transaction have been complied with.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 8</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Additional Covenant</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 8.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Additional Covenant</u>.&#160; The Issuer covenants for the benefit of Holders of Notes, that for so long as the Conversion
        Preferred Shares issuable upon the Automatic Conversion are issuable or outstanding, the Issuer will not create or issue any Preferred Shares which, in the event of insolvency, liquidation, dissolution or winding up of the Issuer, would rank in
        right of payment in priority to such Conversion Preferred Shares.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 9</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Events of Default</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 9.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Events of Default</u>.&#160; (a)&#160; With respect to the Notes, &#8220;Event of Default&#8221; means any one of the following events
        (whatever the reason for such Event of Default and whether it shall be occasioned by provisions of Article 6 of this Third Supplemental Indenture or be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or
        order of any court or any order, rule or regulations of any administrative or governmental body):</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">default on the payment of principal or premium or Additional Amounts, if any, when due and payable;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(ii)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">default on the payment of interest (including Additional Amounts) when due and payable and such default
        continues for 30 days; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that if the Issuer, at its sole option, elects to defer interest payments pursuant to Article 5 of this Third Supplemental
        Indenture, the date on which such payment is due and payable shall be the date on which the Issuer is required to make payment following such deferral;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iii)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">default in the performance of Section 7.1 of this Third Supplemental Indenture; or</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(iv)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">default in the performance of, or breaches of, any covenant of the Issuer under the Indenture (other than a
        covenant or a default in whose performance or breach is specifically dealt with in clause (i), (ii) or (iii) above), and such default or breach continues for a period of 90 days after there has been given written notice by registered or certified
        mail, to the Issuer by either Trustee (with a copy to the other Trustee), or to the Issuer and the Trustees by the Holders of at least 25.00% in principal amount of the Notes, specifying such default or breach and requiring it to be remedied.</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">21</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">This Section 9.1 supersedes and replaces Section 5.1 of the Original Indenture with respect to the Notes.&#160; References to &#8220;Section
        5.1&#8221; of the Original Indenture shall instead refer to this &#8220;Section 9.1&#8221; of this Third Supplemental Indenture; references to &#8220;Section 5.1(3)&#8221; of the Original Indenture shall refer to &#8220;Section 9.1(a)(iv)&#8221; of this Third Supplemental Indenture; and
        references to &#8220;clause (1) or (2) of Section 5.1&#8221; in the Original Indenture shall be deemed to refer to &#8220;clause (i) or (ii) of Section 9.1(a)&#8221; of this Third Supplemental Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 10</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Amendment, Supplement and Waiver</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 10.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><font style="color: rgb(0, 0, 0);"><u>Without the Consent of Holders</u>.&#160; This Section 10.1 supersedes and replaces Section 9.1 of the Original
        Indenture with respect to the Notes, and references to &#8220;Section 9.1&#8221; of the Original Indenture shall instead refer to this &#8220;Section 10.1&#8221; of this Third Supplemental Indenture.&#160; The Issuer and the Trustees, at any time and from time to time, without
        the consent of any Holders, may amend or supplement the Indenture or the Notes, for any of the following purposes:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to evidence the succession of another Person to the Issuer and the assumption by such successor of the
        covenants of the Issuer in the Indenture and the Notes in accordance with Section 7.1 of this Third Supplemental Indenture;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to add to the covenants of the Issuer or any other obligor for the benefit of holders of the Notes or surrender
        any right or power under the Indenture conferred upon the Issuer;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">to add any additional Events of Default for the benefit of the Holders of the Notes;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to secure the Notes or add guarantees with respect to the Notes;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to effect or maintain, or otherwise comply with the requirements of the Commission in connection with the
        qualification of the Indenture under the Trust Indenture Act;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(f)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">to evidence and provide for the acceptance of appointment by a successor Trustee or to add or change any of
        the provisions of the Indenture as shall be necessary to provide for or facilitate the administration of the trusts by multiple Trustees or the removal of one or more of the Trustees;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(g)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to cure any ambiguity, to correct or supplement any provision of the Indenture which may be defective or
        inconsistent with any other provisions of the Indenture, or to make any other provisions with respect to matters or questions arising under the Indenture; <font style="font-style: italic;">provided </font>that such action pursuant to this clause
        (g) shall not adversely affect the interests of Holders of the Notes in any material respect;</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">22</font></div>
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    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(h)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">to conform the text of the Indenture or the terms of the Notes to the &#8220;Description of the Notes&#8221; in the
        Prospectus; or</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">to make any other change that does not adversely affect the interests of Holders of Notes in any material
        respect.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 10.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><font style="color: rgb(0, 0, 0);"><u>With the Consent of Holders</u>.&#160; This Section 10.2 supersedes and replaces Section 9.2 of the Original
        Indenture with respect to the Notes, and references to &#8220;Section 9.2&#8221; of the Original Indenture shall instead refer to this &#8220;Section 10.2&#8221; of this Third Supplemental Indenture.&#160; With the consent of the Holders of not less than a majority in
        principal amount of outstanding Notes, the Issuer and the Trustees may amend or supplement the Indenture or the Notes for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture, or
        modifying the rights of the Holders of Notes under the Indenture; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that without the consent of each Holder of the outstanding Notes affected
        thereby, the Issuer and the Trustees may not:</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(a)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">change the Stated Maturity of the principal of, or any installment of principal or interest on, the Notes;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">reduce the principal amount thereof or reduce the rate of interest thereon;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">reduce any premium payable on redemption thereof;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">change any obligation of the Issuer to pay Additional Amounts;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(e)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">change the currency in which principal, and any premium, Additional Amounts or interest thereon is payable;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(f)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">impair the right to institute suit for the enforcement of any payment on any of the Notes when due;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(g)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">reduce the percentage in principal amount of the Notes, the consent of whose Holders is required under the
        provisions of Section 10.1 of this Third Supplemental Indenture, this Section 10.2, Section 5.13 of the Original Indenture or Section 10.7 of the Original Indenture, for any amendment or waiver of compliance with certain provisions of the Indenture
        or certain defaults thereunder and their consequences provided for in the Indenture;</font></div>
    <div>&#160;</div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(h)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">modify the provisions of Section 10.1 of this Third Supplemental Indenture, this Section 10.2, or Section 5.13,
        10.5 or 10.7 of the Original Indenture, except to increase any percentage of Holders whose consent is required for such amendment or waiver or to provide that certain provisions of the Indenture cannot be modified or waived without the consent of
        each Holder of the outstanding Notes affected thereby; or</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">23</font></div>
    </div>
    <div style="text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0);">(i)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">modify Article 6 of this Third Supplemental Indenture in a manner adverse to the Holders of the Notes.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt; color: rgb(0, 0, 0);">No amendment may be made to the subordination provisions in Article 6 of this Third Supplemental Indenture that adversely affects the rights of any holder of Senior Indebtedness then outstanding
      unless the holders of such Senior Indebtedness (or their representative) consent to such change.</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 11</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"> <br>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Indenture Supplemental to Original Indenture</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 11.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Indenture Supplemental to Original Indenture</u>.&#160; This Third Supplemental Indenture is supplemental to the Original
        Indenture within the meaning of the Original Indenture.&#160; The Original Indenture, all indentures supplemental thereto and this Third Supplemental Indenture shall, subject to Section 9.4 of the Original Indenture, be read together and have the effect
        so far as practicable as though all the provisions thereof and hereof were contained in one instrument.&#160; The terms and provisions contained in this Third Supplemental Indenture will constitute, and are hereby expressly made a part of, the Original
        Indenture.&#160; The Issuer and the Trustees, by their execution and delivery of this Third Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that the provisions of this Third Supplemental Indenture shall apply solely with respect to the Notes and that, except as expressly supplemented hereby with respect to the Notes, the Original Indenture
        shall continue in full force and effect and is in all respects confirmed, ratified and preserved.&#160; The Original Indenture and this Third Supplemental Indenture shall be read, taken and construed as one and the same instrument.&#160; In the event that
        any provision of this Third Supplemental Indenture expressly limits, qualifies or conflicts with a provision of the Original Indenture, such provision of this Third Supplemental Indenture shall control.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 12</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Acceptance of Trusts by Trustees</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 12.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><font style="color: rgb(0, 0, 0);"><u>Acceptance of Trusts by Trustees</u>.&#160; Each Trustee hereby accepts the trusts and duties declared and provided
        for in, and as otherwise contemplated by, this Third Supplemental Indenture and hereby agrees to perform the same upon the terms and conditions set forth herein and as contemplated hereby and in the Original Indenture, in each case as supplemented
        or amended from time to time.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);">ARTICLE 13</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0);"><u>Miscellaneous</u></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.1.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Counterparts</u>.&#160; This Third Supplemental Indenture may be executed in any number of counterparts, and may be
        delivered originally or electronically, including by e-mail (including any electronic signature covered by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act, the Electronic Signatures and Records Act or other applicable law,
        e.g., www.docusign.com) in portable document format, and each such original or electronic copy, when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute one and the same instrument.</font></div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">24</font></div>
    </div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.2.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Governing Law; Waiver of Trial by Jury</u>.&#160; (a)&#160; This Third Supplemental Indenture and the Notes shall be governed by
        and construed in accordance with the laws of the State of New York, without regard to conflicts of laws principles thereof.&#160; This Third Supplemental Indenture is subject to the provisions of the Trust Indenture Legislation that are required to be
        part of this Third Supplemental Indenture and shall, to the extent applicable, be governed by such provisions.&#160; Notwithstanding the first sentence of this Section 13.2, the exercise, performance or discharge by the Canadian Co-Trustee of any of its
        rights, powers, duties or responsibilities hereunder shall be construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Each of the Issuer, the Trustees and any Holder by its acceptance of the Notes irrevocably waives, to the fullest extent permitted
        by applicable law, any and all right to trial by jury in any legal proceeding arising out of, or relating to, this Third Supplemental Indenture, the Notes or the transactions contemplated hereby.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.3.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Consent to Jurisdiction and Service of Process</u>.&#160; (a)&#160; The Issuer submits to the non-exclusive jurisdiction of any
        New York State or federal court sitting in New York City over any suit, action or proceeding arising out of or relating to this Third Supplemental Indenture or any Note.&#160; The Issuer irrevocably waives, to the fullest extent permitted by law, any
        objection that it may have to the laying of the venue of any such suit, action or proceeding brought in such a court and any claim that any such suit, action or proceeding brought in such a court has been brought in an inconvenient forum.&#160; The
        Issuer agrees that final judgment in any such suit, action or proceeding brought in such a court shall be conclusive and binding upon it and may be enforced in the courts of Canada, or any other courts to the jurisdiction of which the Issuer is
        subject, by a suit upon such judgment; <font style="font-style: italic;">provided</font> that service of process is effected upon the Issuer in the manner specified in clause (b) of this Section 13.3 or as otherwise permitted by law; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that the Issuer does not waive, and the foregoing provisions of this sentence shall not constitute or be deemed to constitute a waiver of, (i) any
        right to appeal any such judgment, to seek any stay or otherwise to seek reconsideration or review of any such judgment or (ii) any stay of execution or levy pending an appeal from, or a suit, action or proceeding for reconsideration or review of,
        any such judgment.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(b)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">As long as the Notes remain outstanding, the Issuer will at all times have an authorized agent in the Borough of Manhattan, New
        York City upon whom process may be served in any legal action or proceeding arising out of or relating to this Third Supplemental Indenture or any Note.&#160; Service of process upon such agent and written notice of such service mailed or delivered to
        the Issuer shall, to the extent permitted by law, be deemed in every respect to be effective service of process upon the Issuer in any such legal action or proceeding.&#160; The Issuer irrevocably appoints CT Corporation System as its agent to receive
        service of process or other legal summons for purposes of any such suit, action or proceeding that may be instituted in any state or federal court in the city and county of New York.</font></div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div id="DSPFPageNumberArea" style="text-align: right;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">25</font></div>
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    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(c)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">The Issuer hereby consents to process being served in any suit, action or proceeding of the nature referred to in clause (a) or
        (b) of this Section 13.3 by service upon such agent together with the mailing of a copy thereof by registered or certified mail, postage prepaid, return receipt requested, to the Issuer&#8217;s principal office at 354 Davis Road, Oakville, Ontario,
        Canada L6J 2X1, Attention:&#160; Chief Financial Officer, or to any other address of which the Issuer shall have given written notice to the U.S. Trustee, in each case with a copy to notices@apucorp.com.&#160; The Issuer irrevocably waives, to the fullest
        extent permitted by law, all claim or error by reason of any such service, but does not waive any right to assert lack of subject matter jurisdiction, and agrees that such service (i) shall be deemed in every respect effective service of process
        upon the Issuer in any such suit, action or proceeding and (ii) shall, to the fullest extent permitted by law, be taken and held to be valid personal service upon and personal delivery to the Issuer.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">(d)</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Nothing in this Section 13.3 shall affect the right of the Trustees or any Holder to serve process in any manner permitted by law
        or limit the right of the Trustees to bring proceedings against the Issuer in the courts of any jurisdiction or jurisdictions.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.4.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Benefits of Indenture</u>.&#160; Nothing in this Third Supplemental Indenture or in the Notes, express or implied, shall
        give to any Person, other than the parties hereto, any Authenticating Agent, any Paying Agent, any Registrar and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Third Supplemental
        Indenture.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.5.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Severability</u>.&#160; In case any provision in this Third Supplemental Indenture or in any of the Notes shall be invalid,
        illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.</font></div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;"><font style="color: rgb(0, 0, 0);">SECTION 13.6.</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u></u><font style="color: rgb(0, 0, 0);"><u>Successors and Assigns</u>.&#160; All covenants and agreements in this Third Supplemental Indenture by the Issuer
        shall bind its successors and assigns, whether so expressed or not.</font></div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">[The next page is the signature page.]</div>
    <div style="text-align: center; font-weight: bold;"> <br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
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    <div style="text-indent: 72pt;">IN WITNESS WHEREOF, the parties hereto have executed this Third Supplemental Indenture under the hands of their proper officers duly authorized in that behalf.</div>
    <div>&#160;</div>
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            <div style="color: rgb(0, 0, 0); font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
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          <td style="width: 3%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
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          <td rowspan="1" style="width: 50%; vertical-align: top;">&#160;</td>
          <td rowspan="1" colspan="3" style="vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
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            <div>By:</div>
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          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Marcus Boire</div>
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        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">
            <div>Name:</div>
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          <td style="width: 42%; vertical-align: top;">
            <div>Marcus Boire</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">
            <div>Title:</div>
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          <td style="width: 42%; vertical-align: top;">
            <div>
              <div>Corporate Trust Officer</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">
            <div>By:</div>
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          <td colspan="2" style="vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>/s/ Geralyn Krowles</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">
            <div>Name:</div>
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          <td style="width: 42%; vertical-align: top;">
            <div>Geralyn Krowles</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">
            <div>Title:</div>
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          <td style="width: 42%; vertical-align: top;">
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              <div>Vice President, Corporate Trust</div>
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        </tr>

    </table>
    <div> <br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <!--PROfilePageNumberReset%Num%1%Exh. A-%%-->
    <div style="text-align: right; color: rgb(0, 0, 0); font-weight: bold;">Exhibit A</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">FORM OF GLOBAL NOTE</div>
    <div>&#160;</div>
    <div>THIS GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT
      THAT (1) THIS GLOBAL SECURITY MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 3.6(1) OF THE INDENTURE, (2) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE U.S. TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 3.10 OF THE INDENTURE AND (3) THIS
      GLOBAL SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE ISSUER. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE
      BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.
      UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (&#8220;DTC&#8221;), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE
      &amp; CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &amp; CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE
      HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE &amp; CO., HAS AN INTEREST HEREIN.</div>
    <div>&#160;</div>
    <div>No.</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
    <div>&#160;</div>
    <div style="text-align: center;">(a company established under the laws of Canada)</div>
    <div>&#160;</div>
    <div style="text-align: center;">4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B Due January 18, 2082</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z3ce6c90ef7b14fea9216783be0490cd3">

        <tr>
          <td style="width: 49.99%; vertical-align: top;">
            <div>CUSIP:&#160; 015857 AH8</div>
          </td>
          <td style="width: 50.01%; vertical-align: top;">
            <div style="text-align: right;">ISIN:&#160; US015857AH86</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 72pt;"><font style="font-weight: bold; color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-indent: 72pt;"><font style="font-weight: bold; color: rgb(0, 0, 0);">ALGONQUIN POWER &amp; UTILITIES CORP.</font> (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Issuer</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) for value received hereby acknowledges itself indebted and promises to pay to the registered holder hereof (the &#8220;<font style="font-weight: bold;">Holder</font>&#8221;) on January 18, 2082, or on such earlier date as
      the principal amount hereof may become due in accordance with the provisions of the Indenture hereinafter mentioned, the principal sum of $[&#160; &#160;&#160; ] in lawful money of the United States on presentation and surrender of this Note (as defined below) at
      the principal office of the U.S. Trustee in the City of New York, New York or such other location as it may designate from time to time, and to pay interest on the principal amount hereof from, and including, the date hereof, or from, and including,
      the last Interest Payment Date (as defined in the Indenture) to which interest shall have been paid or made available for payment on the outstanding Notes, whichever is later, at the rate of 4.750% per annum from January 18, 2022 to, but excluding,
      April 18, 2027.&#160; On April 18, 2027 and on every Interest Reset Date (as defined in the Indenture)<font style="color: rgb(255, 0, 0);">&#160;</font>thereafter, the interest rate on the Notes shall be reset, and the Notes will bear interest at a rate per
      annum equal to the Five-Year U.S. Treasury Rate (as defined in the Indenture) on the Interest Rate Calculation Date (as defined in the Indenture) for such Interest Reset Date plus, (i) for the period from, and including, April 18, 2027 to, but
      excluding, April 18, 2032, 3.249%, (ii) for the period from, and including, April 18, 2032 to, but excluding, April 18, 2052, 3.499% and (iii) for the period from, and including, April 18, 2052 to, but excluding, the Maturity Date, 4.249%, in each
      case, to be reset on each Interest Reset Date.&#160; Subject to Article 5 of the third supplemental indenture referred to below, (i) interest will be payable semi-annually in arrears on each Interest Payment Date (or the next following Business Day if
      such date is not a Business Day), commencing on July 18, 2022 and (ii) interest as aforesaid shall be payable after as well as before default, with interest on overdue interest, in like money, at the same rates and on the same dates.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">Exh. A-1</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-indent: 72pt;">This Note is one of the 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B due January 18, 2082 (the &#8220;<font style="font-weight: bold;">Notes</font>&#8221;) of the Issuer issued or issuable under the
      provisions of an indenture made as of October 17, 2018, between the Issuer, American Stock Transfer &amp; Trust Company, LLC, as the U.S. Trustee, the U.S. Registrar, the U.S. Paying Agent and the U.S. Transfer Agent (the &#8220;<font style="font-weight: bold;">U.S. Trustee</font>&#8221;), and AST Trust Company (Canada) (&#8220;<font style="font-weight: bold;">AST</font>&#8221;), as supplemented by the third supplemental indenture dated as of January 18, 2022, between the Issuer, the U.S. Trustee and TSX Trust
      Company, as successor to AST (in its capacity as the Canadian Trustee, the Canadian Registrar and the Canadian Transfer Agent, the &#8220;<font style="font-weight: bold;">Canadian Trustee</font>&#8221;) (which indenture as so supplemented is herein referred to
      as the &#8220;<font style="font-weight: bold;">Indenture</font>&#8221;).&#160; The Notes issuable under the Indenture are unlimited in principal amount.&#160; Reference is hereby expressly made to the Indenture for a description of the terms and conditions upon which the
      Notes are or are to be issued and held and the rights, remedies and obligations of the holders of the Notes, of the Issuer and of the Trustees in respect thereof, all to the same effect as if the provisions of the Indenture were herein set forth, to
      all of which provisions the Holder by acceptance hereof acknowledges and assents.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">So long as no Event of Default (as defined in the Indenture) has occurred and is continuing, the Issuer may elect, at its sole option, at any date other than an Interest Payment Date, to defer the interest payable on the
      Notes on one or more occasions for up to five consecutive years (a &#8220;<font style="font-weight: bold;">Deferral Period</font>&#8221;).&#160; There shall be no limit on the number of Deferral Periods that may occur.&#160; Such deferral will not constitute an Event of
      Default or any other breach under the Indenture and the Notes.&#160; Interest that is deferred or otherwise not paid will accrue, compounding to the extent permitted by law on each subsequent Interest Payment Date at the interest rate applicable for the
      immediately preceding interest period, until paid.&#160; A Deferral Period terminates on any Interest Payment Date on which the Issuer pays all accrued and unpaid interest on such date.&#160; No Deferral Period may extend beyond the Maturity Date and for
      greater certainty, all accrued and unpaid interest shall be due and payable at the Maturity Date.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">The Notes are issuable only as fully registered global Notes in minimum denominations of $2,000.00 and integral multiples of $1,000.00 in excess thereof.&#160; Upon compliance with the provisions of the Indenture, the Notes
      of any denomination may be exchanged for an equal aggregate principal amount of the Notes in any other authorized denomination or denominations. The Notes are direct obligations of the Issuer but are not secured by any mortgage, pledge, hypothec or
      other charge.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">The indebtedness evidenced by this Note<font style="color: rgb(0, 0, 0);">&#160;</font>and by all other Notes now or hereafter certified and delivered under the Indenture is subordinated and subject in right of payment, to
      the extent and in the manner provided in the Indenture, to the prior payment in full of all present and future Senior Indebtedness (as defined in the Indenture), whether outstanding at the date of the Indenture or thereafter created, incurred,
      assumed or guaranteed.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">The right is reserved to the Issuer to purchase or redeem the Notes for cancellation, and in certain circumstances the Issuer will be required to redeem the Notes, in all cases in accordance with the provisions of the
      Indenture.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">Exh. A-2</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-indent: 72pt;">The Notes will be automatically converted into Conversion Preferred Shares (as defined in the Indenture) upon an Automatic Conversion Event (as defined in the Indenture), in the manner, with the effect and as of the
      effective time contemplated in the Indenture.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">This Note may only be transferred, upon compliance with the conditions prescribed in the Indenture, in one of the registers to be kept at the principal office of the U.S. Trustee or other registrar in the City of New
      York, New York by the Holder or such Holder<font style="color: rgb(0, 0, 0);">&#8217;</font>s executors or administrators or other legal representatives or such Holder<font style="color: rgb(0, 0, 0);">&#8217;</font>s attorney duly appointed by an instrument in
      form and substance satisfactory to the U.S. Trustee or other registrar, and upon compliance with such reasonable requirements as the U.S. Trustee and/or other registrar may prescribe.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">This Note shall be governed by and construed in accordance with the laws of New York.</div>
    <div>&#160;</div>
    <div style="text-indent: 72pt;">This Note shall not become obligatory for any purpose until it shall have been authenticated by the U.S. Trustee in accordance with the Indenture.</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div style="color: rgb(0, 0, 0); font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div>By:</div>
          </td>
          <td style="width: 47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: bottom;">
            <div>Name:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: bottom;">
            <div>Title:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: middle;">&#160;</td>
          <td style="width: 47%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div>By:</div>
          </td>
          <td style="width: 47%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: bottom;">
            <div>Name:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: bottom;">
            <div>Title:</div>
          </td>
        </tr>

    </table>
    <div> <br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">Exh. A-3</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center;">(FORM OF TRUSTEE<font style="color: rgb(0, 0, 0);">&#8217;</font>S CERTIFICATE)</div>
    <div>&#160;</div>
    <div>This Note is one of the 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-B due January 18, 2082 referred to in the Indenture within mentioned.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zbea0b36bd6b74bb89cdf8024c6b2bf16">

        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="vertical-align: bottom;">
            <div>AMERICAN STOCK TRANSFER &amp; TRUST COMPANY, LLC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="vertical-align: bottom;">
            <div>as the U.S. Trustee and as the Authenticating Agent of the Canadian Trustee</div>
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        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 2%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; padding-bottom: 2px;">
            <div>By:</div>
          </td>
          <td style="width: 42.8%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.8%; vertical-align: bottom;">
            <div style="text-align: center;">(Authorized Signing Officer)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.8%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div>Dated:&#160; &#160; &#160; &#160; &#160; &#160; , 2022</div>
          </td>
          <td style="width: 2%; vertical-align: bottom;">&#160;</td>
          <td style="width: 5%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.8%; vertical-align: bottom;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageNumberArea" style="text-align: center;"><font id="DSPFPageNumber" style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;">Exh. A-4</font></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center;">(FORM OF CERTIFICATE OF TRANSFER)</div>
    <div>&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">CERTIFICATE OF TRANSFER</div>
    <div>&#160;</div>
    <div>I or we assign and transfer this Note to:</div>
    <div>&#160;
      <div>(Print or type assignee<font style="color: #000000;">&#8217;</font>s name, address and postal code)</div>
      <div>&#160;</div>
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    <div>and irrevocably appoint agent to transfer this Note on the books of Algonquin Power &amp; Utilities Corp.&#160; The agent may substitute another to act for him.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z475ef51582694dafa45c76446b24764b">

        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div>Date:</div>
          </td>
          <td style="width: 6%; vertical-align: top;">
            <div>Your Signature:</div>
          </td>
          <td style="width: 44%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td rowspan="1" style="width: 6%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td rowspan="1" style="width: 44%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td rowspan="1" style="width: 44%; vertical-align: bottom;">
            <div>(Sign exactly as your name appears on the Notes)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: middle;">&#160;</td>
          <td style="width: 6%; vertical-align: middle;">&#160;</td>
          <td style="width: 44%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6%; vertical-align: top;">
            <div>Signature </div>
            <div>Guarantee:</div>
          </td>
          <td style="width: 44%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td rowspan="1" style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td rowspan="1" style="width: 6%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td rowspan="1" style="width: 44%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div>(This signature must be guaranteed by a member of the Securities Transfer Association Medallion Program (STAMP), a member of the Stock Exchange Medallion Program (SEMP) or a member of the New York Stock Exchange Inc. Medallion Signature
              Program (MSP)).</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>brhc10032853_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
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    <div style="text-align: right; font-weight: bold;"><font style="font-size: 10pt;"> Exhibit 99.2<br>
      </font> </div>
    <div style="text-align: center; font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">INDENTURE</div>
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    <div style="text-align: center; font-weight: bold; font-size: 10pt;">by and among</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">as the Issuer</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">AND</div>
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    <div style="text-align: center; font-weight: bold; font-size: 10pt;">TSX TRUST COMPANY</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">as the Trustee</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">Dated as of January 18, 2022</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-weight: bold; font-size: 10pt;">SUBORDINATED DEBT SECURITIES</div>
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            <div style="text-align: center; font-weight: bold;">TABLE OF CONTENTS</div>
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        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: right; font-weight: bold;"><u>Page</u></div>
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            <div style="text-align: justify;">ARTICLE 1 DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION</div>
          </td>
          <td style="width: 5%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">1</td>
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          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Definitions</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">1</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Compliance Certificates and Opinions</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">8</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Form of Documents Delivered to Trustee</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">9</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Acts of Holders; Record Dates</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.5</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Notices, Etc., to the Trustee and the Corporation</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">12</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.6</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Notice to Holders; Waiver</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.7</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Conflict with Trust Indenture Legislation</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.8</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Effect of Headings and Table of Contents</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
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          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.9</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Successors and Assigns</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.10</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Severability</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.11</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Benefits of Indenture</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.12</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Governing Law</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.13</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Legal Holidays</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.14</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Conversion of Currency</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.15</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Currency Equivalent</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.16</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">No Security Interest Created</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.17</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Currency</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.18</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Time</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.19</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Number, Gender and Expressions</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">1.20</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">English Language</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">1.21</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Counterparts</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 2 SECURITY FORMS</div>
          </td>
          <td style="width: 5%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);">17</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">2.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Forms Generally</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">2.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Form of Trustee&#8217;s Certificate of Authentication</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3">
            <div style="text-align: justify;">ARTICLE 3 THE SECURITIES</div>
          </td>
          <td style="width: 5%; vertical-align: top; text-align: right;">18</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.1</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Amount Unlimited:&#160; Issuable in Series</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.2</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Denominations</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">21</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.3</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Execution, Authentication, Delivery and Dating</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">22</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.4</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Temporary Securities</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">23</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.5</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Registrar and Paying Agent</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">24</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.6</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Transfer and Exchange of Global Securities</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">24</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.7</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Mutilated, Destroyed, Lost and Stolen Securities</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">26</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.8</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Payment of Interest; Interest Rights Preserved</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">26</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.9</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Persons Deemed Owners</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.10</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Cancellation</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">3.11</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Computation of Interest</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: right;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">3.12</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">CUSIP Numbers, ISIN, etc.</div>
          </td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: right;">29</div>
          </td>
        </tr>

    </table>
    <div> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">i</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zcbcdfdada4694160a08f11e8d64b8a6f" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center; font-weight: bold;">TABLE OF CONTENTS</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center;">(continued)</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: right; font-weight: bold;"><u>Page</u></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 4 SATISFACTION AND DISCHARGE</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>29</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">4.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Satisfaction and Discharge</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>29</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">4.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Application of Trust Money</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>30</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3">
            <div style="text-align: justify;">ARTICLE 5 REMEDIES</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>31</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.1</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Event of Default</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>31</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.2</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Acceleration of Maturity; Rescission and Annulment</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>32</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.3</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Collection of Indebtedness and Suits for Enforcement by Trustee</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>33</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.4</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Trustee May File Proofs of Claim</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>34</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.5</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Trustee May Enforce Claims Without Possession of Securities</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>34</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.6</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Application of Money Collected</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">35</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.7</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Limitation on Suits</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>35</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.8</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Unconditional Right of Holders to Receive Principal, Premium, Additional Amounts and Interest</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>36</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.9</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Restoration of Rights and Remedies</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>36</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.10</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Rights and Remedies Cumulative</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>36</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.11</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Delay or Omission Not Waiver</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>36</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.12</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Control by Holders</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>36</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.13</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Waiver of Past Defaults</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>37</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">5.14</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Undertaking for Costs</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>37</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">5.15</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Waiver of Stay or Extension Laws</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>37</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3">
            <div style="text-align: justify;">ARTICLE 6 THE TRUSTEE</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>38</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.1</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Certain Duties and Responsibilities</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>38</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.2</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Notice of Defaults</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>39</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.3</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Certain Rights of the Trustee</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>39</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.4</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Not Responsible for Recitals or Issuance of Securities</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>41</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.5</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">May Hold Securities</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>42</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.6</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Money Held in Trust</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>42</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.7</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Compensation and Reimbursement</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>42</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.8</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Conflicting Interests</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>43</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.9</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Corporate Trustee Required; Eligibility</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>43</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.10</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Resignation and Removal; Appointment of Successor</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>44</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.11</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Acceptance of Appointment by Successor</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>45</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.12</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Merger, Amalgamation, Conversion, Consolidation or Succession to Business</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>46</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.13</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Appointment of Authenticating Agent</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>46</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.14</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Third Party</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>48</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">6.15</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Not Bound to Act</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>48</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">6.16</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Privacy</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>48</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 7 HOLDERS LISTS AND REPORTS BY TRUSTEE AND CORPORATION</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>49</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">7.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Corporation to Furnish Names and Addresses of Holders</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>49</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">7.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Preservation of Information; Communications to Holders</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>49</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">7.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Reports by Trustee</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>49</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">7.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Reports by Corporation</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>50</div>
          </td>
        </tr>

    </table>
    <div> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">ii</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div><font style="font-size: 10pt;"><br>
      </font> </div>
    <table cellspacing="0" cellpadding="0" border="0" id="z79a138bc40fe49b28da9856edb381eee" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center; font-weight: bold;">TABLE OF CONTENTS</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center;">(continued)</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: right; font-weight: bold;"><u>Page</u></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 8 CONSOLIDATION, AMALGAMATION, ARRANGEMENT, MERGER, CONVEYANCE OR TRANSFER</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>50</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">8.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Corporation May Consolidate, Etc., on Certain Terms</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>50</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">8.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Successor Substituted</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>51</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3">
            <div style="text-align: justify;">ARTICLE 9 MEETING OF HOLDERS</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>51</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.1</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Purpose, Effect and Convention of Meetings</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>51</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.2</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Notice of Meetings</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>52</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.3</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Chairman</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>52</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.4</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Quorum</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>52</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.5</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Power to Adjourn</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>53</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.6</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Show of Hands</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>53</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.7</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Poll</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>53</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.8</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Voting</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>53</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.9</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Proxies</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>54</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.10</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Persons Entitled to Attend Meetings</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>54</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.11</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Powers Exercisable by Extraordinary Resolution</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>54</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.12</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Meaning of Ordinary Resolution</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>56</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.13</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Meaning of Extraordinary Resolution</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>56</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.14</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Powers Cumulative</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>57</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.15</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Minutes</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>57</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.16</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Instruments in Writing</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>57</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">9.17</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Binding Effect of Resolutions</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>58</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">9.18</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Serial Meetings</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>58</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 10 SUPPLEMENTAL INDENTURES</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>59</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">10.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Supplemental Indentures</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>59</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">10.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Execution of Supplemental Indentures</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>61</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">10.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Effect of Supplemental Indentures</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>61</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">10.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Conformity with Trust Indenture Legislation</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>61</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">10.5</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Reference in Securities to Supplemental Indentures</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>61</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" colspan="3">
            <div style="text-align: justify;">ARTICLE 11 COVENANTS</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>62</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="3" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">11.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Payment of Principal, Premium, Additional Amounts and Interest</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>62</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">11.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Payment of Taxes</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>62</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">11.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Maintenance of Office or Agency</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>65</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">11.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Money for Securities Payments to Be Held in Trust</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>66</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">11.5</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Statement by Officers as to Default</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>67</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">11.6</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Company Existence</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right;">
            <div>67</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">11.7</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Waiver of Certain Covenants</div>
          </td>
          <td style="width: 5%; vertical-align: bottom; text-align: right; background-color: rgb(204, 238, 255);">
            <div>67</div>
          </td>
        </tr>

    </table>
    <div> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">iii</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="zf33b291feb96486b9161c4aabadb37fe" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center; font-weight: bold;">TABLE OF CONTENTS</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: center;">(continued)</div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">
            <div style="text-align: right; font-weight: bold;"><u>Page</u></div>
          </td>
        </tr>
        <tr>
          <td style="vertical-align: top;" colspan="4">&#160;</td>
        </tr>
        <tr>
          <td style="vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">
            <div style="text-align: justify;">ARTICLE 12 REDEMPTION OF SECURITIES</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">67</td>
        </tr>
        <tr>
          <td style="vertical-align: top;" rowspan="1" colspan="3">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">12.1</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">Applicability of Article</td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">67</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">
            <div style="text-align: justify;">12.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">Election to Redeem; Notice to Trustee</td>
          <td style="width: 5%; vertical-align: middle; text-align: right;" rowspan="1">
            <div>68</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">12.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Selection by Trustee of Securities to Be Redeemed</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>68</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">12.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Notice of Redemption</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>68</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">12.5</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Securities Payable on Redemption Date</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>70</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">12.6</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Securities Redeemed in Part</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>70</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">12.7</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Tax Redemption.</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>70</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">
            <div style="text-align: justify;">ARTICLE 13 DEFEASANCE AND COVENANT DEFEASANCE</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>71</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1" colspan="3">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right;" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">13.1</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Applicability of Article</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>71</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">13.2</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Defeasance and Discharge</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>71</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">13.3</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Covenant Defeasance</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>72</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">13.4</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Conditions to Defeasance or Covenant Defeasance</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>72</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">13.5</div>
          </td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);">
            <div style="text-align: justify;">Deposited Money and Government Obligations to Be Held in Trust; Miscellaneous Provisions</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);">
            <div>74</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">13.6</div>
          </td>
          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Reinstatement</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>74</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1" colspan="3">
            <div style="text-align: justify;">ARTICLE 14 IMMUNITY OF INCORPORATORS, SHAREHOLDERS, OFFICERS AND DIRECTORS</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>74</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="text-align: justify;">14.1</div>
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          <td style="width: 84%; vertical-align: top;">
            <div style="text-align: justify;">Indenture and Securities Solely Corporate Obligations</div>
          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>74</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 84%; vertical-align: top; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
          <td style="width: 5%; vertical-align: middle; text-align: right; background-color: rgb(204, 238, 255);" rowspan="1">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6%; vertical-align: top;" rowspan="1" colspan="3">
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          </td>
          <td style="width: 5%; vertical-align: middle; text-align: right;">
            <div>75</div>
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        </tr>

    </table>
    <div> <font style="font-size: 10pt;"><br>
      </font> </div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time of its unsecured subordinated debentures, notes or
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    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 1</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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        applicable government is pledged, or (B) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of the Government of Canada or such government which issued the foreign Currency in which the applicable
        Securities are payable, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the applicable government, and (ii) any depositary receipt issued by a bank as custodian with respect to any Government Obligation
        which is specified in clause (i) above and held by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on any Government Obligation which is so specified and held,
        provided that (except as required by Applicable Law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the Government
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      Financial Institutions or other comparable authority or agency) having or purporting to have jurisdiction on behalf of, or pursuant to the laws of, Canada or any country in which such Person is incorporated, continued, amalgamated, merged or
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">Securities theretofore cancelled by the Trustee or
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    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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          redemption the necessary amount of money or money&#8217;s worth has been theretofore deposited with the Trustee or any Paying Agent, other than the Corporation, in trust or set aside and segregated in trust by the Corporation (if the Corporation shall
          act as its own Paying Agent) for the Holders of such Securities; provided that, if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has
          been made; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">Securities as to which Defeasance has been effected pursuant
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          action hereunder as of any date, (i) the principal amount of an Original Issue Discount Security which shall be deemed to be Outstanding for such purpose shall be equal to the amount of the principal thereof which would be, or shall have been
          declared to be, due and payable as of such date upon acceleration of the Maturity thereof to such date pursuant to Section 5.2, (ii) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the
          principal amount of such Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 3.1, (iii) the principal amount of a Security denominated in one or more foreign Currencies which
          shall be deemed to be Outstanding shall be the Canadian dollar equivalent, determined as of such date in the manner provided as contemplated by Section 3.1, of the principal amount of such Security (or, in the case of a Security described in
          Clause (i) or (ii) above, of the amount determined as provided in such Clause), and (iv) Securities owned by the Corporation or any other obligor upon the Securities or any Affiliate of the Corporation or of such other obligor, whether of record
          or beneficially, shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent, waiver or other
          action, only Securities which the Trustee actually knows to be so owned shall be so disregarded.&#160; Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the
          Trustee the pledgee&#8217;s right so to act with respect to such Securities and that the pledgee is not the Corporation or any other obligor upon the Securities or any Affiliate of the Corporation or of such other obligor.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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        and the redemption provisions, if any, with respect thereto, are to be determined by the Corporation upon the issuance of such Securities.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
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    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><font style="font-family: 'Times New Roman';"> <br>
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    <div style="font-size: 10pt;">&#160;</div>
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        means, with respect to a particular Security, every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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    <div style="font-size: 10pt;">&#160;</div>
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        meaning specified in Section 1.14.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Responsible Officer</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means,
        when used with respect to the Trustee, an officer of the Trustee in its Corporate Trust Office having direct responsibility for the administration of this Indenture, and also, with respect to a particular corporate trust matter, any other officer
        to whom such matter is referred because of such officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s knowledge of, and familiarity with, the particular subject.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Securities</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning
        stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; color: rgb(0, 0, 0); font-size: 10pt;">&#8220;<font style="font-weight: bold;">Serial Meeting</font>&#8221; has the meaning specified in Section 9.18.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Special Record Date</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means,
        with respect to the payment of any Defaulted Interest on the Securities of any series, a date fixed by the Trustee pursuant to Section 3.8.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Stated Maturity</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means,
        when used with respect to any Security or any installment of principal thereof or interest thereon, the date specified in such Security as the date on which the principal of such Security or such installment of principal or interest is due and
        payable, in the case of such principal, as such date may be advanced or extended as provided pursuant to the terms of such Security and this Indenture.</font></div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><font style="font-family: 'Times New Roman';"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">7</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Tax Redemption Date</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has
        the meaning specified in Section 12.7.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Taxes</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning
        specified in Section 11.2(1).</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Trust Indenture Legislation</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">
        means, at any time, statutory provisions relating to trust indentures and the rights, duties and obligations of trustees under trust indentures and of bodies corporate issuing or guaranteeing debt obligations under trust indentures to the extent
        that such provisions are at such time in force and applicable to this Indenture, and at the date of this Indenture includes the applicable provisions of the <font style="font-style: italic;">Loan and Trust Corporations Act</font> (Ontario), the <font style="font-style: italic;">Trust and Loan Companies Act</font> (Canada) and the <font style="font-style: italic;">Canada Business Corporations Act</font> and any statute that may be substituted therefor, as from time to time amended, and any
        other statute of Canada or a province or territory thereof, including the regulations under any such statute.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Trustee</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the Person
        named as the &#8220;<font style="font-weight: bold;">Trustee</font><font style="color: rgb(0, 0, 0);">&#8221;</font> in the first paragraph of this instrument until a successor of the Trustee shall have become such pursuant to the applicable provisions of this
        Indenture, and thereafter shall mean or include each Person who is then a Trustee hereunder.</font></div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman',Times,serif; font-size: 10pt;"><font style="font-family: 'Times New Roman';"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">1.2&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Compliance Certificates and Opinions.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon any application or request by the Corporation to the Trustee to take any action under any provision of this Indenture, the Corporation shall furnish to the Trustee such
      certificates and opinions as may be required under the Trust Indenture Legislation.&#160; Each such certificate or opinion shall be given in the form of an Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate, if to be given by an officer of
      the Corporation or an Opinion of Counsel, if to be given by counsel, and shall comply with the requirements of the Trust Indenture Legislation and any other requirements set forth in this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture shall include:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">a statement that the Person signing such certificate or
          opinion has read such covenant or condition and the definitions herein relating thereto;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">a brief statement as to the nature and scope of the
          examination or investigation upon which the statements or opinions contained in such certificate or opinion are based;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">a statement that, in the opinion of such Person, they have
          made such examination or investigation as is necessary to enable them to express an informed opinion as to whether or not such covenant or condition has been complied with; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">a statement as to whether, in the opinion of such Person,
          such condition or covenant has been complied with.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">8</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">1.3&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Form of Documents Delivered to Trustee.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or
      covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and
      any such Person may certify or give an opinion as to such matters in one or several documents.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any certificate or opinion of an officer of the Corporation may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel,
      unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the matters upon which his or her certificate or opinion is based are erroneous.&#160; Any such certificate or
      Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Corporation stating that the information with respect to such factual matters is in the
      possession of the Corporation unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any certificate or opinion of an officer of the Corporation may be based, insofar as it relates to accounting matters, upon a certificate or opinion of, or representations by, an
      accountant or firm of accountants, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to the accounting matters upon which such certificate or opinion may be
      based are erroneous.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Where any Person is required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they
      may, but need not, be consolidated and form one instrument.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Whenever, subsequent to the receipt by the Trustee of any Board Resolution, Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate, Opinion of Counsel or other document or
      instrument, a clerical, typographical or other inadvertent or unintentional error or omission shall be discovered therein, a new document or instrument may be substituted therefor in corrected form with the same force and effect as if originally
      filed in the corrected form and, irrespective of the date or dates of the actual execution and delivery thereof, such substitute document or instrument shall be deemed to have been executed and delivered as of the date or dates required with respect
      to the document or instrument for which it is substituted. Anything in this Indenture to the contrary notwithstanding, if any such corrective document or instrument indicates that action has been taken by or at the request of the Corporation which
      could not have been taken had the original document or instrument not contained such error or omission, the action so taken shall not be invalidated or otherwise rendered ineffective but shall be and remain in full force and effect, except to the
      extent that such action was a result of wilful misconduct or bad faith. Without limiting the generality of the foregoing, any Securities issued under the authority of such defective document or instrument shall nevertheless be the valid obligations
      of the Corporation entitled to the benefits of this Indenture equally and ratably with all other Outstanding Securities, except as aforesaid.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">9</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">1.4&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Acts of Holders; </u><u>Record Dates.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of the
      Outstanding Securities of all series or one or more series, as the case may be, may be embodied in and evidenced by (i) one or more instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing;
      or (ii) the record of such Holders voting in favor thereof, either present or represented by proxies duly appointed in writing, at any meeting of Holders of Securities of such series or of all series, as applicable, duly called and held in accordance
      with the provisions of Article 9, or a combination of such instruments and any such record. Except as herein otherwise expressly provided, such action shall become effective when such instrument or record is, or instruments are, delivered to the
      Trustee and, where it is hereby expressly required, to the Corporation.&#160; Such instrument or instruments, and any such record, and the action embodied therein and evidenced thereby, are herein sometimes referred to as the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Act</font><font style="color: rgb(0, 0, 0);">&#8221;</font> of the Holders signing such instrument or instruments or so voting at any such meeting.&#160; Proof of execution of any such
      instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and, subject to Section 6.1, conclusive in favor of the Trustee and the Corporation, if made in the manner provided in this Section 1.4. The
      record of any meeting of Holders of Securities shall be proved in the manner provided in Section 9.15.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary
      public or other officer authorized by Applicable Law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him or her the execution thereof.&#160; Where such execution is by a signer acting in
      a capacity other than his or her individual capacity, such certificate or affidavit shall also constitute sufficient proof of his or her authority.&#160; The fact and date of the execution of any such instrument or writing, or the authority of the Person
      executing the same, may also be proved in any other manner which the Trustee deems sufficient.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The ownership of Securities held by any Person, and the date of holding the same, shall be proved by the Register.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder
      of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee or the Corporation in reliance thereon, whether or not notation
      of such action is made upon such Security.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">10</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of all series or one or more series, as the case may be,
      entitled to give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given, made or taken by Holders of Securities of such series; provided that the
      Corporation may not set a record date for, and the provisions of this paragraph shall not apply with respect to, the giving or making of any notice, declaration, request or direction referred to in the next paragraph.&#160; If any record date is set
      pursuant to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other Holders, shall be entitled to take or revoke the relevant action, whether or not such Holders remain Holders after such record
      date; provided that no such action shall be effective hereunder unless taken on or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date.&#160; Nothing in this
      paragraph shall be construed to prevent the Corporation from setting a new record date for any action for which a record date has previously been set pursuant to this paragraph, whereupon the record date previously set shall automatically and with no
      action by any Person be cancelled and of no effect, and nothing in this paragraph shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such
      action is taken.&#160; Promptly after any record date is set pursuant to this paragraph, the Corporation, at its own expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be given to the
      Trustee in writing in the manner set forth in Section 1.5 and to each Holder of Securities of the relevant series in the manner set forth in Section 1.6.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee may set any day as a record date for the purpose of determining the Holders of Outstanding Securities of all series or one or more series, as the case may be, entitled to
      join in the giving or making of (i) any Notice of Default, (ii) any declaration of acceleration referred to in Section 5.2, (iii) any request to institute proceedings referred to in Section 5.7(2) or (iv) any direction referred to in Section 5.12, in
      each case, with respect to Securities of all series or one or more series, as the case may be.&#160; If any record date is set pursuant to this paragraph, the Holders of Outstanding Securities of the relevant series on such record date, and no other
      Holders, shall be entitled to join in such notice, declaration, request or direction or to revoke the same, whether or not such Holders remain Holders after such record date; provided that no such action shall be effective hereunder unless taken on
      or prior to the applicable Expiration Date by Holders of the requisite principal amount of Outstanding Securities of such series on such record date.&#160; Nothing in this paragraph shall be construed to prevent the Trustee from setting a new record date
      for any action for which a record date has previously been set pursuant to this paragraph, whereupon the record date previously set shall automatically and with no action by any Person be cancelled and of no effect, and nothing in this paragraph
      shall be construed to render ineffective any action taken by Holders of the requisite principal amount of Outstanding Securities of the relevant series on the date such action is taken.&#160; Promptly after any record date is set pursuant to this
      paragraph, the Trustee, at the Corporation<font style="color: rgb(0, 0, 0);">&#8217;</font>s expense, shall cause notice of such record date, the proposed action by Holders and the applicable Expiration Date to be sent to the Corporation in writing in the
      manner set forth in Section 1.5 and to each Holder of Securities of the relevant series in the manner set forth in Section 1.6.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">With respect to any record date set pursuant to this Section 1.4, the party hereto which sets such record date may designate any day as the applicable <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Expiration Date</font><font style="color: rgb(0, 0, 0);">&#8221;</font> and from time to time may change such Expiration Date to any earlier or later day; provided that no such change
      shall be effective unless notice of such proposed new Expiration Date is given in writing to (i) in the case of a record date set by the Corporation, the Trustee and (ii) in the case of a record date set by the Trustee, the Corporation to each Holder
      of Securities of the relevant series in the manner set forth in Section 1.6, on or prior to the applicable existing Expiration Date.&#160; If an Expiration Date is not designated with respect to any record date set pursuant to this Section 1.4, the party
      hereto which set such record date shall be deemed to have initially designated the 180th day after such record date as the Expiration Date with respect thereto, subject to its right to change the Expiration Date as provided in this paragraph.&#160;
      Notwithstanding the foregoing, no Expiration Date shall be later than the 180th day after the applicable record date.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">11</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Without limiting the foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do so with regard to all or any part of the
      principal amount of such Security or by one or more duly appointed agents, each of which may do so pursuant to such appointment with regard to all or any part of such principal amount.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.5&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Notices, Etc., to the Trustee and the Corporation.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished
      to, or filed with:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the Trustee by any Holder or the Corporation shall be
          sufficient for every purpose hereunder if made, given, furnished or filed in writing to or with the Trustee at its Corporate Trust Office, Attention<font style="font-weight: bold;">: </font>Regional Director, Corporate Trust, or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">the Corporation by the Trustee or by any Holder shall be
          sufficient for every purpose hereunder, unless otherwise herein expressly provided, if in writing and mailed, first-class postage prepaid, or sent by overnight courier, to the Corporation addressed to it at its principal office at 354 Davis Road,
          Oakville, Ontario L6J 2X1, Attention:&#160; Chief Financial Officer, or at any other address previously furnished in writing to the Trustee by the Corporation, in each case with a copy to notices@apucorp.com.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions given pursuant to this Indenture and delivered using electronic means (<font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Instructions</font><font style="color: rgb(0, 0, 0);">&#8221;</font>); provided, however, that the Corporation shall provide to the Trustee an incumbency
      certificate listing officers with the authority to provide such Instructions on behalf of the Corporation (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Authorized Officers</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Corporation whenever a person is to be added or deleted from the listing.&#160; If the
      Corporation elects to give Instructions to the Trustee using electronic means and the Trustee in its discretion elects to act upon such Instructions, the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s understanding of such Instructions shall be
      deemed controlling.&#160; The Corporation understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee may conclusively presume that directions that purport to have been sent by an
      Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer.&#160; The Corporation shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and
      that the Corporation and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and authentication keys upon receipt by the Corporation. The Trustee shall not be
      liable for any losses, costs or expenses arising directly or indirectly from the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s reliance upon, and compliance with, such Instructions notwithstanding that such directions may conflict or be
      inconsistent with a subsequent written instruction.&#160; The Corporation agrees: (i) to assume all risks arising out of the use of electronic means to submit Instructions to the Trustee, including the risk of the Trustee acting on unauthorized
      Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure
      methods of transmitting Instructions than the method(s) selected by the Corporation; (iii) that the security procedures, if any, to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of
      protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">12</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">1.6&#160;&#160; &#160; &#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Notice to Holders; Waiver.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Where this Indenture provides for notice to Holders of any event by the Corporation or the Trustee, such notice shall be sufficiently given, unless otherwise herein expressly
      provided, if in writing and mailed, first-class postage prepaid, or sent by overnight courier, to each Holder affected by such event, at his or her address as it appears in the Register, or sent electronically through the Applicable Procedures of the
      Depository, not later than the latest date, if any, and not earlier than the earliest date, if any, prescribed for the giving of such notice.&#160; In any case where notice to Holders is given by mail, courier or sent electronically, neither the failure
      to mail, courier or send such notice, nor any defect in any notice so mailed, couriered or sent, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders.&#160; Upon the occurrence of the suspension of regular
      mail service or by reason of any other cause it shall be impracticable to give such notice by mail, by courier or by electronic transmission, then such notification as shall be made with the approval of the Trustee (not to be unreasonably withheld,
      conditioned or delayed) shall constitute a sufficient notification for every purpose hereunder.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such
      waiver shall be the equivalent of such notice.&#160; Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.7&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Conflict with </u><u>Trust Indenture Legislation.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Legislation which is applicable to this Indenture and/or which is required thereunder
      to be a part of and govern this Indenture, the Trust Indenture Legislation provision shall control.&#160; If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Legislation which may be so modified or excluded, the
      latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.8&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Effect of Headings and Table of Contents.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Article and Section headings herein and the Table of Contents are for convenience only and shall not affect the construction hereof.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.9&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Successors and Assigns.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">All covenants and agreements in this Indenture by the Corporation shall bind its successors and assigns, whether so expressed or not.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">13</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">1.10&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Severability</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In case any provision in this Indenture or in any of the Securities shall be invalid, illegal or unenforceable, in any respect under any Applicable Law, the validity, legality and
      enforceability of the remaining provisions hereof or thereof shall not be affected or impaired thereby. Each of the provisions of this Indenture or in any of the Securities is declared to be separate and distinct.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.11&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Benefits of Indenture.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Nothing in this Indenture or in the Securities, express or implied, shall give to any Person, other than the parties hereto, any Authenticating Agent, any Paying Agent, any Registrar
      and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.12&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Governing Law.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">This Indenture and the Securities shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without
      regard to conflicts of laws principles thereof, and will be treated in all respects as Ontario contracts, and each of the Corporation, the Trustee and, by their acceptance of Securities and the benefits of this Indenture and any related supplemental
      indenture, the Holders, from time to time submit to the non-exclusive jurisdiction of the courts of the Province of Ontario.&#160; This Indenture is subject to the provisions of the Trust Indenture Legislation and shall, to the extent applicable, be
      governed by such provisions.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.13&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Legal Holidays.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In any case where any Interest Payment Date, Redemption Date, Stated Maturity or Maturity of any Security shall not be a Business Day at any Place of Payment, then, notwithstanding
      any other provision of this Indenture or of any of the Securities other than a provision in the Securities of any series which specifically states that such provision shall apply in lieu of this Section 1.13, payment of principal, premium, Additional
      Amounts or interest need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date, Redemption Date, or at
      the Stated Maturity or Maturity, as applicable; provided that, unless specified in respect of the Securities of any series pursuant to Section 3.1, no interest shall accrue for the period from and after such Interest Payment Date, Redemption Date,
      Stated Maturity or Maturity, as the case may be.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.14&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Conversion of Currency.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation covenants and agrees that the following provisions shall apply to conversion of Currency in the case of the Securities and this Indenture to the fullest extent
      permitted by Applicable law:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">14</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; color: rgb(0, 0, 0); font-size: 10pt;">(1)</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">If for the purposes of obtaining judgment
          in, or enforcing the judgment of, any court in any country, it becomes necessary to convert into any Currency (the &#8220;<font style="font-weight: bold;">Judgment Currency</font>&#8221;) an amount due or contingently due in the Currency of the Securities of
          any series and this Indenture (the &#8220;<font style="font-weight: bold;">Required Currency</font>&#8221;), then the conversion shall be made at the rate of exchange prevailing on the Business Day before the day on which a final judgment which is not
          appealable or is not appealed is given or the order of enforcement is made, as the case may be, unless a court shall otherwise determine; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">If there is a change in the rate of
          exchange prevailing between the Business Day before the day on which the judgment referred to in (A) above is given or an order of enforcement is made, as the case may be, or such other date as a court shall determine, and the date of receipt of
          the amount due, the Corporation shall pay such additional, or, as the case may be, such lesser, amount, if any, as may be necessary so that the amount paid in the Judgment Currency when converted at the rate of exchange prevailing on the date of
          receipt will produce the amount in the Required Currency originally due.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">In the event of the winding-up of the Corporation at any
          time while any amount or damages owing under the Securities and this Indenture, or any judgment or order rendered in respect thereof, shall remain outstanding, the Corporation shall indemnify and hold the Holders of Securities and the Trustee
          harmless against any deficiency arising or resulting from any variation in rates of exchange between (A) the date as of which the equivalent of the amount in the Required Currency due or contingently due under the Securities and this Indenture,
          other than under this Section 1.14(2), is calculated for the purposes of such winding-up and (B) the final date for the filing of proofs of claim in such winding-up.&#160; For the purpose of this Section 1.14(2), the final date for the filing of
          proofs of claim in the winding-up of the Corporation shall be the date fixed by the liquidator or otherwise in accordance with the relevant provisions of Applicable Law as being the latest practicable date as at which liabilities of the
          Corporation may be ascertained for such winding-up prior to payment by the liquidator or otherwise in respect thereto.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The obligations contained in Sections 1.14(1)(B) and 1.14(2)
          shall constitute separate and independent obligations of the Corporation from its other obligations under the Securities and this Indenture, shall give rise to separate and independent causes of action against the Corporation, shall apply
          irrespective of any waiver or extension granted by any Holder or the Trustee from time to time and shall continue in full force and effect notwithstanding any judgment or order or the filing of any proof of claim in the winding-up of the
          Corporation for a liquidated sum in respect of amounts due hereunder, other than under Section 1.14(2) above, or under any such judgment or order.&#160; Any such deficiency as aforesaid shall be deemed to constitute a loss suffered by the Holders or
          the Trustee, as the case may be, and no proof or evidence of any actual loss shall be required by the Corporation or the applicable liquidator.&#160; In the case of Section 1.14(2) above, the amount of such deficiency shall not be deemed to be reduced
          by any variation in rates of exchange occurring between the said final date and the date of any liquidating distribution.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">15</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">The term &#8220;<font style="font-weight: bold;">rate(s) of
            exchange</font>&#8221; shall mean:&#160; (i) in the case that either the Required Currency or the Judgment Currency is in Canadian dollars, the Bank of Canada daily average exchange rate for purchases on the relevant date of the Required Currency with the
          Judgment Currency, as reported on the &#8220;<font style="font-weight: bold;">Daily Exchange Rates</font>&#8221; page of the website of the Bank of Canada, or by such other means of reporting the Bank of Canada daily average exchange rate as may be agreed
          upon by each of the parties to this Indenture; or (ii) in all other cases, the rate at which in accordance with normal banking procedures the Trustee could purchase, in the City of Toronto, the Required Currency with the Judgment Currency on the
          relevant date, and, in each case, includes any premiums and costs of exchange payable.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">1.15&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Currency Equivalent.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided in this Indenture, for purposes of the construction of the terms of this Indenture or of the Securities, in the event that any amount is stated herein in
      the Currency of one nation or bloc (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">First Currency</font><font style="color: rgb(0, 0, 0);">&#8221;</font>), as of any date such amount shall also be
      deemed to represent the amount in the Currency of any other relevant nation or bloc (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Other Currency</font><font style="color: rgb(0, 0, 0);">&#8221;</font>)
      which is required to purchase such amount in the First Currency (i) at the Bank of Canada daily average exchange rate as reported on the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold;">Daily Exchange Rates</font><font style="color: rgb(0, 0, 0);">&#8221;</font> page of the website of the Bank of Canada, or by such other means of reporting the Bank of Canada daily average exchange rate as may be agreed upon by each of the parties to this Indenture or (ii) if the Bank
      of Canada daily average exchange rate is not available, in accordance with normal banking procedures in the City of Toronto, in each case, on the date of determination.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.16&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>No Security Interest Created.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless expressly provided for in one or more supplements to this Indenture entered into pursuant to the terms of this Indenture, nothing in this Indenture or the Securities shall be
      construed to constitute a security interest under the <font style="font-style: italic; color: rgb(0, 0, 0);">Personal Property Security Act</font> (Ontario) or similar legislation, as now or hereafter enacted and in effect in any jurisdiction where
      property of the Corporation is or may be located.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.17 &#160; &#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Currency.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless otherwise indicated in this Indenture, any Security or any indenture supplemental hereto, all amounts referenced herein are in Canadian dollars.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">1.18&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Time.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless otherwise expressly stated in this Indenture or in any Security, all references to a time will mean Toronto, Ontario local time. Time shall be of the essence in this
      Indenture, each Security and each document related hereto and thereto.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">1.19&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Number, Gender and Expressions.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Words importing the singular number only will include the plural and vice versa, words importing gender will include all genders and words importing any type or category of Persons
      will include all types and categories of Persons. Where any term or expression is defined in this Indenture, derivations of such term or expression will have a corresponding meaning.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">16</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">1.20&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>English Language.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation, the Trustee and, by their acceptance of Securities and the benefits of this Indenture, the Holders acknowledge that this Indenture, each Security and each document
      related hereto and thereto (whether or not any of such documents is also drawn up in French) has been drawn up in English at the express will of such Persons. Les parties aux presents conviennent que ces presents ainsi que tout document qui s'y
      rattache (incluant tout document redige en francais et en anglais) soient rediges en langue anglaise a la volonte expresse des parties.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">1.21&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Counterparts.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The parties may sign any number of copies of this Indenture, and all such copies together shall represent the same agreement. Documents executed, scanned and transmitted through
      facsimile or otherwise electronically, including with electronic signatures created or transmitted through a software platform or application, shall be deemed to be original for purposes of this Indenture and all matters and agreements related
      hereto, with such scanned, electronic and facsimile signatures having the same legal effect as original signatures. The parties agree that this Indenture, any Instructions, or any instrument, agreement or document necessary for the consummation of
      the transactions contemplated by this Indenture or otherwise related hereto (collectively, &#8220;<font style="font-weight: bold;">Executed Documentation</font>&#8221;) may be accepted, executed or agreed to through the use of an electronic signature in
      accordance with Applicable Law, rules and regulations in effect from time to time applicable to the effectiveness and enforceability of electronic signatures. Any Executed Documentation accepted, executed or agreed to in conformity with such laws,
      rules and regulations will be binding on all parties hereto to the same extent as if it were physically executed and each party hereby consents to the use of any third party electronic signature capture service providers as may be reasonably chosen
      by a signatory hereto or thereto.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 2</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">SECURITY FORMS</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">2.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Forms Generally.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Securities of each series shall be in substantially the form as shall be established by or pursuant to a Board Resolution of the Corporation or in one or more indentures
      supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or
      endorsements placed thereon as may be required to comply with law or with the rules of any securities exchange or the Depository therefor or as may, consistently herewith, be determined by the officer executing such Securities, as evidenced by their
      execution thereof.&#160; If the form of Securities of any series is established by action taken pursuant to a Board Resolution, a copy of an appropriate record of such action shall be certified by an officer of the Corporation and delivered to the Trustee
      at or prior to the delivery of the Company Order contemplated by Section 3.3 for the authentication and delivery of such Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any Definitive Securities shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing
      such Securities, as evidenced by their execution of such Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">17</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any Global Security will represent such of the Outstanding Securities as will be specified therein and each Global Security shall provide that it represents the aggregate principal
      amount of Outstanding Securities from time to time endorsed thereon and that the aggregate principal amount of Outstanding Securities represented thereby may from time to time be reduced or increased, as appropriate, to reflect exchanges, payments
      and redemptions.&#160; Any endorsement of a Global Security to reflect the amount of any increase or decrease in the aggregate principal amount represented thereby will be made by the Trustee, in accordance with instructions given by the Holder thereof.&#160;
      Any Global Security may also be produced in any other manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">2.2&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Form of Trustee&#8217;s Certificate of Authentication.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to Section 6.13, the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s certificates of authentication shall be in substantially the following form:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; color: #000000; width: 100%;" id="z55e32735c035458da1bec938bb7bf5b8">

          <tr>
            <td style="width: 50%;">
              <div>&#160;</div>
            </td>
            <td nowrap="nowrap" rowspan="1" colspan="2">
              <div>
                <div style="text-align: left; font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">TSX TRUST COMPANY</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, as Trustee</font></div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%;" rowspan="1">&#160;</td>
            <td nowrap="nowrap" rowspan="1" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; padding-bottom: 2px;">
              <div>&#160;</div>
            </td>
            <td style="width: 3%; padding-bottom: 2px;">
              <div style="text-align: left;">By:</div>
            </td>
            <td style="width: 47%; border-bottom: 2px solid rgb(0, 0, 0);">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%;">
              <div>&#160;</div>
            </td>
            <td rowspan="1"><br>
            </td>
            <td rowspan="1">
              <div style="text-align: left; margin-left: 18pt;">Authorized Signatory</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 3</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">THE SECURITIES</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">3.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Amount Unlimited:&#160; Issuable in Series.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Securities may be issued in one or more series and each such series shall rank <font style="font-style: italic; color: rgb(0, 0, 0);">pari passu</font> with each other series
      without discrimination, preference or priority, regardless of the actual date of issue, and with all other unsecured and subordinated indebtedness of the Corporation.&#160; There shall be established in one or more Board Resolutions of the Corporation or
      pursuant to authority granted by one or more Board Resolutions of the Corporation and, subject to Section 3.3, set forth below, or determined in the manner provided in, an Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate of the
      Corporation, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series, any or all of the following, as applicable:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the title of the Securities of the series, which shall
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">any limit upon the aggregate principal amount of the
          Securities of the series which may be authenticated and delivered under this Indenture, except for Securities authenticated and delivered upon registration of, transfer of, or in exchange for, or in lieu of, other Securities of the series
          pursuant to Section 3.4, 3.6, 3.7, 10.5 or 12.6 and except for any Securities which, pursuant to Section 3.3, are deemed never to have been authenticated and delivered hereunder;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">18</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Person to whom any interest on a Security of the series
          shall be payable, if other than the Person in whose name that Security, or any Predecessor Security, is registered at the close of business on the Regular Record Date for such interest;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the date or dates on which the principal of any Securities of
          the series is payable or the method by which such date shall be determined and the right, if any, to shorten or extend the date on which the principal of any Securities of the series is payable and the conditions to any such change;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the rate or rates at which any Securities of the series shall
          bear interest, if any, or the method by which such rate or rates shall be determined, the date or dates from which any such interest shall accrue, or the method by which such date or dates shall be determined, the Interest Payment Dates on which
          any such interest shall be payable, the manner, if any, of determination of such Interest Payment Dates and the Regular Record Date, if any, for any such interest payable on any Interest Payment Date;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the right, if any, to extend the interest payment periods
          and the terms of such extension or extensions;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the place or places, if any, other than the Corporate Trust
          Office, where the principal of, and any premium, Additional Amounts and interest on, any Securities of the series shall be payable and whether, if acceptable to the Trustee, any principal of such Securities shall be payable without presentation
          or surrender thereof;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the period or periods within which, or the date or dates on
          which, the price or prices at which and the other terms and conditions upon which any Securities of the series may be redeemed, in whole or in part, at the option of the Corporation;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(9)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the obligation, if any, of the Corporation to redeem or
          purchase any Securities of the series pursuant to any sinking fund, purchase fund or analogous provisions or at the option of the Holder thereof, the period or periods within which, the price or prices at which and the other terms and conditions
          upon which any Securities of the series shall be redeemed or purchased, in whole or in part, pursuant to such obligation and any other provisions related to such redemption or purchase pursuant to such sinking fund or otherwise;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(10)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">if other than denominations of $2,000 and any integral
          multiple of $1,000 in excess thereof, the denominations in which any Securities of the series shall be issuable;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(11)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if other than the Trustee, the identity of each Registrar,
          Authenticating Agent and/or Paying Agent;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(12)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">if the amount of principal of, or any premium, Additional
          Amounts or interest on, any Securities of the series may be determined with reference to an index or pursuant to a formula, the manner in which such amounts shall be determined;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">19</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(13)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">if other than the Currency of Canada, the Currency in which
          the principal of, or any premium, Additional Amounts or interest on, any Securities of the series shall be payable and the manner of determining the equivalent thereof in the Currency of Canada for any purpose, including for purposes of the
          definition of Outstanding in Section 1.1;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(14)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if the principal of, or any premium, Additional Amounts or
          interest on, any Securities of the series is to be payable, at the election of the Corporation or the Holder thereof, in one or more Currencies other than the Currency of Canada, the Currency in which the principal of, or any premium, Additional
          Amounts or interest on, such Securities as to which such election is made shall be payable, the periods within which and the terms and conditions upon which such election is to be made and the amount so payable (or the manner in which such amount
          shall be determined);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(15)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">if other than the entire principal amount thereof, the
          portion of the principal amount of any Securities of the series which shall be payable upon declaration of acceleration of the Maturity thereof pursuant to Section 5.2;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(16)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">whether, under what circumstances and the Currency in which
          the Corporation will pay Additional Amounts as contemplated by Section 11.2 on the Securities of the series to any Holder, including any modification to the definition of such term, in respect of any tax, assessment or governmental charge and, if
          so, whether the Corporation will have the option to redeem such Securities rather than pay such Additional Amounts, and the terms of any such option;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(17)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the application, if any, of Section 11.2 and all or any
          portion of Article 12 to the Securities of that series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(18)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if the principal amount payable at the Stated Maturity of any
          Securities of the series will not be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose thereunder or
          hereunder, including the principal amount thereof which shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity, or, in any such case, the
          manner in which such amount deemed to be the principal amount shall be determined;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(19)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">if either or both of Sections 13.2 and 13.3 will not apply
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(20)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if applicable, that any Securities of the series shall be
          issuable in whole or in part in the form of one or more Global Securities and, in such case, the Depository for such Global Securities, the form of any legend or legends which shall be borne by any such Global Security and any circumstances in
          addition to or in lieu of those set forth in Section 3.6 in which Global Securities may be exchanged for Definitive Securities;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(21)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any transfer and exchange provisions of the Securities of the
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(22)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">any addition, modification or deletion of any Events of
          Default or covenants provided with respect to any Securities of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 5.2;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(23)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any addition, modification or deletion in the covenants set
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(24)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the terms, if any, upon which the Securities of the series
          may be convertible into or exchanged for any of the Corporation&#8217;s common shares, preferred shares, other debt securities or warrants for common shares, preferred shares or other securities of any kind and the terms and conditions upon which such
          conversation or exchange shall be effected, including the initial conversion or exchange price or rate, the conversion or exchange period and any other additional provisions;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(25)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the subordination terms of the Securities of the series; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(26)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any other terms of the series, which may amend, supplement,
          modify or delete any provision of this Indenture insofar as it applies to such series, which are not inconsistent with the requirements of the Trust Indenture Legislation.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">All Securities of any one series shall be substantially identical except, subject to Section 3.3, as may otherwise be provided in or pursuant to the Board Resolution referred to
      above and set forth or determined in the manner provided in the Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate referred to above or in any applicable indenture supplemental hereto.&#160; Not all Securities of any one series need to be
      issued on the same date, and, unless otherwise provided, a series may be reopened for issuances of additional Securities of such series without the consent of any Holders thereof.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If any of the terms of the series are established by action taken pursuant to one or more Board Resolutions, such Board Resolutions, or a certified copy thereof, shall be delivered
      to the Trustee at or prior to the delivery of the Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate setting forth the terms or the manner of determining the terms of the series.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">With respect to Securities of a series offered in a Periodic Offering, the Board Resolution or action taken pursuant thereto, Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s
      Certificate or supplemental indenture referred to above may provide general terms or parameters for Securities of such series and provide either that the specific terms of particular Securities of such series shall be specified in a Company Order or
      that such terms shall be determined by the Corporation in accordance with other procedures specified in a Company Order as contemplated by the third paragraph of Section 3.3.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding Section 3.1(2) and unless otherwise expressly provided with respect to a series of Securities, the aggregate principal amount of a series of Securities may be
      increased and additional Securities of such series may be issued up to the maximum aggregate principal amount authorized, if any, with respect to such series as increased without the consent of any Holder thereof.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">3.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Denominations.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Securities of each series shall be issuable only in such denominations as shall be specified as contemplated by Section 3.1.&#160; In the absence of any such specified denomination
      with respect to the Securities of any series, the Securities of such series, shall be issuable in denominations of $2,000 (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Minimum Authorized
        Denomination</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) and any integral multiple of $1,000 in excess thereof (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Authorized Denomination</font><font style="color: rgb(0, 0, 0);">&#8221;</font>).</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">21</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">3.3&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Execution, Authentication, Delivery and Dating.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Securities shall be executed on behalf of the Corporation by any two officers of the Corporation.&#160; The signatures of any two officers of the Corporation on the Securities may be
      manual or by facsimile or electronic signature and may be imprinted or otherwise reproduced on the Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Securities bearing the manual or facsimile or electronic signature of any two individuals each of whom was at any time a proper officer of the Corporation shall bind the Corporation,
      notwithstanding that such individual has ceased to hold such office(s) prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">At any time and from time to time after the execution and delivery of this Indenture, the Corporation may deliver Securities of any series executed by the Corporation to the Trustee
      for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee, in accordance with the Company Order, shall authenticate and deliver such Securities, provided, however, that in the case of
      Securities offered in a Periodic Offering, the Trustee shall authenticate and deliver such Securities from time to time in accordance with such other procedures, including the receipt by the Trustee of oral or electronic instructions from the
      Corporation or its duly authorized agents, promptly confirmed in writing, acceptable to the Trustee as may be specified by or pursuant to a Company Order delivered to the Trustee prior to the time of the first authentication of Securities of such
      series.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If the form or terms of the Securities of the series have been established by or pursuant to one or more Board Resolutions of the Corporation as permitted by Sections 2.1 and 3.1, in
      authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and, subject to Section 6.1, shall be fully protected in relying upon, an
      Opinion of Counsel of the Corporation stating:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if the form of such Securities has been established by or
          pursuant to one or more Board Resolutions of the Corporation as permitted by Section 2.1, that such form has been established in conformity with the provisions of this Indenture;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if the terms of such Securities have been, or in the case of
          Securities of a series offered in a Periodic Offering, will be, established by or pursuant to Board Resolutions of the Corporation as permitted by Section 3.1, that such terms have been, or in the case of Securities of a series offered in a
          Periodic Offering, will be, established in conformity with the provisions of this Indenture, subject, in the case of Securities of a series offered in a Periodic Offering, to any conditions specified in such Opinion of Counsel of the Corporation;
          and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">that such Securities, when authenticated and delivered by the
          Trustee and issued by the Corporation in the manner and subject to any conditions specified in such Opinion of Counsel of the Corporation, will constitute valid and legally binding obligations of the Corporation enforceable in accordance with
          their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors&#8217; rights, to general equity principles and to other customary
          qualifications.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">22</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If such form or terms have been so established, the Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will
      affect the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s own rights, duties or immunities under the Securities and this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding the provisions of Section 3.1 and of the preceding paragraph, if all Securities of a series are not to be originally issued at one time, it shall not be necessary to
      deliver the Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate otherwise required pursuant to Section 3.1 or the Company Order and Opinion of Counsel otherwise required pursuant to such preceding paragraph at or prior to the
      authentication of each Security of such series if such documents are delivered at or prior to the authentication upon original issuance of the first Security of such series to be issued.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">With respect to Securities of a series offered in a Periodic Offering, the Trustee may rely, as to the authorization by the Corporation of any of such Securities, the form and terms
      thereof and the legality, validity, binding effect and enforceability thereof, upon the Opinion of Counsel of the Corporation and the other documents delivered pursuant to Sections 2.1 and 3.1 and this Section 3.3, as applicable, in connection with
      the first authentication of Securities of such series.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Each Security shall be dated the date of its authentication or, in the case of the original issuance of the Securities of a series, the date of original issuance of such Securities.&#160;
      If any additional Securities of a series (<font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Additional Securities</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) issued after the date of original
      issuance of Securities of such series (<font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Original Securities</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) are not fungible with such Original
      Securities for Canadian or U.S. federal income tax purposes, then such Additional Securities shall be issued with a separate &#8220;CUSIP&#8221; or &#8220;ISIN&#8221; number so that they are distinguishable from the Original Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No Security shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication
      substantially in the form provided for herein executed by the Trustee by manual or electronic signature of an authorized signatory, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has
      been duly authenticated and delivered hereunder and is entitled to the benefits of this Indenture.&#160; Notwithstanding the foregoing, if any Security shall have been authenticated and delivered hereunder but never issued and sold by the Corporation, and
      the Corporation shall deliver such Security to the Trustee for cancellation as provided in Section 3.10, stating that such Security has never been issued and sold by the Corporation, for all purposes of this Indenture such Security shall be deemed
      never to have been authenticated and delivered hereunder and shall never be entitled to the benefits of this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">3.4&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Temporary Securities</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Pending the preparation of Definitive Securities of any series, the Corporation may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities
      which are printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination, substantially of the tenor of the Definitive Securities in lieu of which they are issued and with such appropriate insertions,
      omissions, substitutions and other variations as the officer executing such Securities may determine, as evidenced by such officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s execution of such Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">23</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If temporary Securities of any series are issued, the Corporation will cause the Definitive Securities of that series to be prepared without unreasonable delay.&#160; After the
      preparation of Definitive Securities of such series, the temporary Securities of such series shall be exchangeable for Definitive Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the
      Corporation in a Place of Payment for that series, without charge to the Holder.&#160; Upon surrender for cancellation of any one or more temporary Securities of any series, the Corporation shall execute and the Trustee shall authenticate and deliver in
      exchange therefore one or more Definitive Securities of the same series, of any authorized denominations and of like tenor and aggregate principal amount.&#160; Until so exchanged, the temporary Securities of any series shall in all respects be entitled
      to the same benefits under this Indenture as Definitive Securities of such series and tenor.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">3.5&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Registrar and Paying Agent</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee is hereby appointed as security registrar for the purpose of registering Securities and transfers of Securities as herein provided (each such registrar, a <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Registrar</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) and the Corporation hereby designates the Corporate Trust Office of the Trustee as the office
      where Securities may be presented for payment.&#160; The Registrar will keep a register (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Register</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) of
      the Securities and of their transfer and exchange.&#160; The Corporation may appoint one or more co-registrars and one or more additional paying agents.&#160; The Corporation may change any Registrar or Paying Agent without notice to any Holder.&#160; The
      Corporation will notify the Trustee in writing of the name and address of any Paying Agent or Registrar not a party to this Indenture.&#160; If the Corporation fails to appoint or maintain another entity as Registrar or Paying Agent, the Trustee shall act
      as such.&#160; The Corporation or any of its subsidiaries may act as Registrar or Paying Agent.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation hereby appoints CDS to act as the initial Depository with respect to the Global Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation hereby appoints the Trustee to act as the initial Registrar and Paying Agent with respect to the Global Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">3.6&#160; &#160; &#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Transfer and Exchange of Global Securities.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">A Global Security may not be transferred except as a whole
          by the Depository to a nominee of the Depository, by a nominee of the Depository to the Depository or to another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such successor
          Depository.&#160; All Global Securities will be exchanged by the Corporation for Definitive Securities if:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation delivers to the Trustee
          notice from the Depository that it is unwilling or unable to continue to act as Depository, or if at any time such Depository shall no longer be registered or in good standing under any Applicable Law, or be qualified as a Clearing Agency under
          any Applicable Securities Law, in each case as required in order to fulfill its duties and obligations as Depository for Securities of a series, and, in each case, a successor Depository is not appointed by the Corporation within 120 days after
          the date of such notice from the Depository;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">24</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation in its sole discretion
          determines that the Global Securities, in whole but not in part, should be exchanged for Definitive Securities and delivers a written notice to such effect to the Trustee; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">there has occurred and is continuing a
          default or Event of Default with respect to the Securities.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon the occurrence of either of the preceding events in subclause 3.6(1)(A) or 3.6(1)(B) above, Definitive Securities shall be issued in such names as the Depository shall instruct
      the Trustee. Global Securities also may be exchanged or replaced, in whole or in part, as provided in Section 3.7.&#160; Every Security authenticated and delivered, in exchange for, or in lieu of, a Global Security or any portion thereof, whether pursuant
      to this Section 3.6, Section 3.7, Section 10.5, Section 12.6 or otherwise, shall be authenticated and delivered in the form of, and shall be, a Global Security.&#160; A Global Security may not be exchanged for another Security other than as provided in
      this Section 3.6(1).</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">To permit registrations of transfers and exchanges, the
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    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">No service charge will be made to a Holder of a beneficial
          interest in a Global Security or to a Holder of a Definitive Security for any registration of transfer or exchange, but the Corporation and the Trustee may require payment of a sum sufficient to cover any transfer tax or similar governmental
          charge payable in connection therewith, other than any such transfer taxes or similar governmental charge payable upon exchange or transfer pursuant to Section 12.6.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">All Global Securities and Definitive Securities issued upon
          any registration of transfer or exchange of Global Securities or Definitive Securities will be the valid obligations of the Corporation, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Global Securities or
          Definitive Securities surrendered upon such registration of transfer or exchange.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Neither the Registrar nor the Corporation will be required:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to issue, to register the transfer of or
          to exchange any Securities during a period beginning at the opening of business five days before the day of any selection of Securities for redemption under Article 12 and ending at the close of business on the day of selection;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to register the transfer of or to exchange
          any Security selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to register the transfer of or to exchange
          a Security between a record date and the next succeeding Interest Payment Date.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">25</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Prior to due presentment for the registration of a transfer
          of any Security, the Trustee, any Authenticating Agent and the Corporation may deem and treat the Person in whose name any Security is registered as the absolute owner of such Security for the purpose of receiving payment of principal of and
          interest on such Securities and for all other purposes, and none of the Trustee, any Authenticating Agent or the Corporation shall be affected by notice to the contrary.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">3.7&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Mutilated, Destroyed, Lost and Stolen Securities.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If any mutilated but otherwise identifiable Security is surrendered to the Trustee, the Corporation shall execute and the Trustee shall authenticate and deliver in exchange therefor
      a replacement Security of the same series and of like tenor and principal amount and evidencing the same indebtedness and bearing a number not contemporaneously outstanding.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If there shall be delivered to the Corporation and to the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such security or
      indemnity as may be required by them to save each of them and any agent of each of them harmless, then, in the absence of notice to the Corporation or the Trustee that such Security has been acquired by a <font style="color: rgb(0, 0, 0);">&#8220;</font>protected


      purchaser<font style="color: rgb(0, 0, 0);">&#8221;</font> (as defined in the <font style="font-style: italic;">Securities Transfer Act, 2006</font> (Ontario)), the Corporation shall execute and the Trustee shall authenticate and deliver, in lieu of any
      such destroyed, lost or stolen Security, a replacement Security of the same series and of like tenor and principal amount and evidencing the same indebtedness and bearing a number not contemporaneously outstanding.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding the provisions of the previous two paragraphs, in case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the
      Corporation in its discretion may, instead of issuing a replacement Security, pay such Security.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon the issuance of any replacement Security under this Section 3.7, the Corporation may require the payment of a sum sufficient to cover any tax or other governmental charge that
      may be imposed in relation thereto and any other expenses, including the fees and expenses of the Trustee, connected therewith.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Every replacement Security of any series issued pursuant to this Section 3.7 in lieu of any mutilated, destroyed, lost or stolen Security shall constitute an original additional
      contractual obligation of the Corporation, whether or not the mutilated, destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any
      and all other Securities of that series duly issued hereunder.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The provisions of this Section 3.7, as amended or supplemented pursuant to Section 3.1 of this Indenture with respect to a particular series or generally, are exclusive and shall
      preclude, to the extent lawful, all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">3.8&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Payment of Interest; Interest Rights Preserved.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any
      Interest Payment Date shall be paid to the Person in whose name that Security, or any Predecessor Security, is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Corporation maintained for
      such purpose pursuant to Section 11.3.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">26</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided by Section 3.1 with respect to any series of Securities, any interest on any Security of any series which is payable, but is not punctually paid or duly
      provided for, on any Interest Payment Date (herein called <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Defaulted Interest</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) shall forthwith cease to
      be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest shall be paid by the Corporation, at its election in each case, as provided in subclause 3.8(1) or 3.8(2) below:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">The Corporation may elect to make payment of any Defaulted
          Interest to the Persons in whose names the Securities of such series, or their respective Predecessor Securities, are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in
          the following manner:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation shall notify the Trustee
          in writing of the amount of Defaulted Interest proposed to be paid on each Security of such series and the date of the proposed payment, and at the same time the Corporation shall deposit with the Trustee an amount of money equal to the aggregate
          amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of
          the Persons entitled to such Defaulted Interest;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">thereupon the Trustee shall fix a Special
          Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the
          proposed payment;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall promptly notify the
          Corporation of such Special Record Date and, in the name and at the expense of the Corporation, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder of Securities of
          such series in the manner set forth in Section 1.6, not less than 10 days prior to such Special Record Date; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(D)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">notice of the proposed payment of such
          Defaulted Interest and the Special Record Date therefor having been so sent, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series, or their respective Predecessor Securities, are registered at the
          close of business on such Special Record Date and shall no longer be payable pursuant to the following subclause 3.8(2).</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The Corporation may make payment of any Defaulted Interest
          on the Securities of any series in any other lawful manner consistent with the requirements of any securities exchange, if any, on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice
          given by the Corporation to the Trustee of the proposed payment pursuant to this subclause 3.8(2), such manner of payment shall be deemed practicable by the Trustee.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to Section 3.6 and the foregoing provisions of this Section 3.8, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu
      of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">27</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">3.9&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Persons Deemed Owners.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Prior to due presentment of a Security for registration of transfer, the Corporation, the Trustee and any agent of the Corporation or the Trustee may treat the Person in whose name
      such Security is registered as the owner of such Security for the purpose of receiving payment of principal of, and any premium, Additional Amounts and, subject to Section 3.8, any interest on, such Security and for all other purposes whatsoever,
      whether or not such Security be overdue, and none of the Corporation, the Trustee or any agent of the Corporation or the Trustee shall be affected by notice to the contrary.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">None of the Corporation, the Trustee or any agent of the Corporation or the Trustee shall have any responsibility or liability for any aspect of the records relating to or payments
      made on account of beneficial ownership interest of a Security in global form or for maintaining, supervising or reviewing any records relating to such beneficial ownership interests.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding the foregoing, with respect to any Global Security, nothing herein shall prevent the Corporation, the Trustee or any agent of the Corporation or the Trustee from
      giving effect to any written certification, proxy or other authorization furnished by the Depository or its nominee, as a Holder, with respect to such Global Security or impair, as between such Depository and owners of beneficial interests in such
      Global Security, the operation of customary practices governing the exercise of the rights of such Depository or its nominee as Holder of such Global Security.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">3.10&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Cancellation.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise contemplated by Section 3.1 with respect to any series of Securities, all Securities surrendered for payment, redemption, registration of transfer or exchange or
      for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it.&#160; The Corporation may at any time deliver to the Trustee for cancellation any
      Securities previously authenticated and delivered hereunder which the Corporation may have acquired in any manner whatsoever, and may deliver to the Trustee for cancellation any Securities previously authenticated hereunder which the Corporation has
      not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section 3.10, except as expressly permitted by this Indenture.&#160; All
      cancelled Securities held by the Trustee shall be disposed of by the Trustee in accordance with its customary practices.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">3.11&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Computation of Interest.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, interest on the Securities of each series shall be computed on the basis of the actual
      number of days elapsed and a 365-day year.&#160; For disclosure purposes under the <font style="font-style: italic; color: rgb(0, 0, 0);">Interest Act</font> (Canada), whenever in this Indenture or any Securities issued hereunder interest at a specified
      rate is to be calculated on the basis of a period less than a calendar year, the yearly rate of interest to which such rate is equivalent is such rate multiplied by the actual number of days in the relevant calendar year and divided by the number of
      days in such period.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">28</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">3.12&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>CUSIP Numbers, ISIN, etc.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation in issuing the Securities may use <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold;">CUSIP</font><font style="color: rgb(0, 0, 0);">&#8221;</font>
      numbers and <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold;">ISINs</font><font style="color: rgb(0, 0, 0);">&#8221;</font>, in each case, if then generally in use, and, if so, the Trustee shall use <font style="color: rgb(0, 0, 0);">&#8220;</font>CUSIP<font style="color: rgb(0, 0, 0);">&#8221;</font> numbers and <font style="color: rgb(0, 0, 0);">&#8220;</font>ISINs<font style="color: rgb(0, 0, 0);">&#8221;</font> in notices of redemption as a convenience to Holders; provided that any such
      notice may state that no representation is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed
      on the Securities, and any such redemption shall not be affected by any defect in or omission of such numbers.&#160; The Corporation shall notify the Trustee in writing of any change in any <font style="color: rgb(0, 0, 0);">&#8220;</font>CUSIP<font style="color: rgb(0, 0, 0);">&#8221;</font> numbers or <font style="color: rgb(0, 0, 0);">&#8220;</font>ISINs<font style="color: rgb(0, 0, 0);">&#8221;</font> applicable to the Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 4</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">SATISFACTION AND DISCHARGE</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">4.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Satisfaction and Discharge</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">This Indenture shall upon Company Request cease to be of further effect with respect to any series of Securities specified in such Company Request, except as to any surviving rights
      of transfer or exchange of Securities herein expressly provided for, any right of Holders of Outstanding Securities to receive payments in respect of the principal of, or any premium, Additional Amounts or interest on, such Securities when such
      payments are due, and the rights of the Trustee with respect to regular payment and indemnity which also shall survive, and the Trustee, at the expense of the Corporation, shall execute proper instruments acknowledging satisfaction and discharge of
      this Indenture as to such series, when:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">either:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">all Securities of such series theretofore
          authenticated and delivered, other than (i) Securities which have been mutilated, destroyed, lost or stolen and which have been replaced or paid as provided in Section 3.7 and (ii) Securities for whose payment money has theretofore been deposited
          in trust or segregated and held in trust by the Corporation and thereafter repaid to the Corporation or discharged from such trust, as provided in Section 11.4, have been delivered to the Trustee for cancellation; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">all Securities of such series not
          theretofore delivered to the Trustee for cancellation</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(i)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">have become due and payable, or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(ii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">will become due and payable at their
          Stated Maturity within one year, or</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">29</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(iii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">if redeemable at the option of the
          Corporation, are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Corporation,</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; margin-left: 72pt; color: rgb(0, 0, 0); font-size: 10pt;">and the Corporation, in the case of subclause 4.1(1)(B)(i), 4.1(1)(B)(ii) or 4.1(1)(B)(iii) above, has deposited or caused to be deposited with the Trustee as
      trust funds in trust for the purpose:&#160; (I) money in an amount; (II) Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with their terms will provide, not later than the due date of
      any payment, money in an amount; or (III) a combination thereof, sufficient, in the case of subclause (II) or (III), in the opinion of a nationally recognized firm of independent chartered accountants expressed in a written certification thereof
      delivered to the Trustee, to pay and discharge, and which shall be applied by the Trustee to pay and discharge, the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal and any premium,
      Additional Amounts and interest to the date of such deposit in the case of Securities which have become due and payable or to the Stated Maturity or Redemption Date, as the case may be;</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the Corporation has paid or caused to be paid all other
          sums payable hereunder by the Corporation; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation has delivered to the Trustee an Officer&#8217;s
          Certificate and an Opinion of Counsel, each stating that all conditions precedent to the satisfaction and discharge of this Indenture have been complied with.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding the satisfaction and discharge of this Indenture, each of the obligations of the Corporation to the Trustee under Section 6.7, the obligations of the Trustee to any
      Authenticating Agent under Section 6.13 and, if money shall have been deposited with the Trustee pursuant to subclause 4.1(1)(B), the obligations of the Trustee under Section 4.2 and the last paragraph of Section 11.4, shall survive.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">4.2&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Application of Trust Money.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to the provisions of the last paragraph of Section 11.4, all money deposited with the Trustee pursuant to Section 4.1 shall be held in trust and applied by it, in accordance
      with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent, including the Corporation acting as its own Paying Agent, as the Trustee may determine, to the Persons entitled thereto, of the
      principal and any premium, Additional Amounts and interest for whose payment such money has been deposited with the Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government Obligations deposited pursuant to Section 4.1
      or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">30</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding anything in this Article 4 to the contrary, the Trustee shall deliver or pay to the Corporation from time to time upon Company Request any money or Government
      Obligations held by it as provided in Section 4.1 which, in the opinion of a nationally recognized firm of independent chartered accountants expressed in a written certification thereof delivered to the Trustee (in case Government Obligations are
      held by the Trustee as provided in Section 4.1), are in excess of the amount thereof which would then be required to be deposited to effect the satisfaction and discharge of this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 5</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">REMEDIES</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">5.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Event of Default</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8220;</font><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold; color: rgb(0, 0, 0);">Event of Default</font><font style="font-size: 10pt; font-family: 'Times New Roman'; color: rgb(0, 0, 0);">&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means,
        wherever used herein with respect to Securities of any series, any one of the following events, whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any
        judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body, unless such event is inapplicable to a particular series or is specifically deleted or modified in or pursuant to a supplemental
        indenture, Board Resolution or Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate establishing the terms of such series pursuant to Section 3.1:</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">default in the payment of any interest (including Additional
          Amounts) upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30 days; provided, however, that if the Corporation is permitted by the terms of the Securities of such series to defer the
          payment in question, the date on which such payment is due and payable shall be the date on which the Corporation is required to make payment following such deferral, if such deferral has been elected pursuant to the terms of the Securities; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">default in the payment of the principal of, or any premium
          or Additional Amounts, if any, on any Security of that series at its Maturity; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">default in the performance, or breach, of any covenant of the
          Corporation in this Indenture, other than a covenant or a default in whose performance or whose breach is elsewhere in this Section 5.1 specifically dealt with or which has expressly been included in this Indenture solely for the benefit of a
          series of Securities other than that series, and such default or breach continues for a period of 90 days after there has been given written notice, by registered or certified mail, to the Corporation by the Trustee, or to the Corporation and the
          Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series, specifying such default or breach and requiring it to be remedied and stating that such notice is a Notice of Default hereunder; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the entry by a court having jurisdiction in the premises of
          (A) a decree or order for relief in respect of the Corporation in an involuntary case or proceeding under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada), the <font style="font-style: italic;">Companies&#8217;
            Creditors Arrangement Act</font> (Canada) or applicable United States federal or state bankruptcy, insolvency, reorganization or other similar law or (B) a decree or order adjudging the Corporation a bankrupt or insolvent, or approving as
          properly filed a petition seeking reorganization, arrangement, adjustment or composition of or in respect of the Corporation under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada), the <font style="font-style: italic;">Companies&#8217; Creditors Arrangement Act</font> (Canada) or applicable United States federal or state law, or appointing a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Corporation or of
          any substantial part of the Corporation&#8217;s property, or ordering the winding-up or liquidation of the Corporation&#8217;s affairs, and the continuance of any such decree or order for relief or any such other decree or order unstayed and in effect for a
          period of 90 consecutive days; or</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">31</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the commencement by the Corporation of a voluntary case or
          proceeding under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada), the <font style="font-style: italic;">Companies&#8217; Creditors Arrangement Act</font> (Canada) or United States federal or state bankruptcy,
          insolvency, reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it to the entry of a decree or order for relief in respect of the Corporation in an involuntary case
          or proceeding under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada), the <font style="font-style: italic;">Companies&#8217; Creditors Arrangement Act</font> (Canada) or applicable United States federal or state
          bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief thereunder,
          or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian, receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Corporation or of any substantial part of the
          Corporation&#8217;s property, or the making by the Corporation of an assignment for the benefit of creditors, or the admission by the Corporation in writing of the Corporation&#8217;s inability to pay the Corporation&#8217;s debts generally as they become due, or
          the authorization of any such action by the Board of Directors of the Corporation; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">any other Event of Default provided with respect to
          Securities of that series.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">5.2&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Acceleration of Maturity; Rescission and Annulment.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If an Event of Default (other than an Event of Default specified in Section 5.1(4) or 5.1(5)) with respect to Securities of any series at the time Outstanding occurs and is
      continuing, then, in every such case, the Trustee may or the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount of all of the Securities of that series, or, if any Securities
      of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified by the terms thereof, premium, Additional Amounts and any interest thereon to be due and payable immediately, by a
      notice in writing to the Corporation, and to the Trustee if given by Holders, and upon any such declaration, such principal amount or specified amount, premium, Additional Amounts and any interest thereon shall become immediately due and payable.&#160; If
      an Event of Default specified in Section 5.1(4) or 5.1(5) occurs and is continuing, the aggregate principal amount of all Securities of a series, premium, Additional Amounts and any interest thereon shall automatically, and without any declaration or
      other action on the part of the Trustee or any Holder, become immediately due and payable.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money due has been
      obtained by the Trustee as hereinafter provided in this Article 5, the Event of Default giving rise to such declaration of acceleration shall, without further act, be deemed to have been waived, and such declaration and its consequences shall,
      without further act, be deemed to have been rescinded and annulled, if:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">32</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation has paid or deposited with the Trustee a
          sum sufficient to pay:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">all overdue interest on all Securities of
          that series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the principal of, and any premium and
          Additional Amounts on, any Securities of that series which have become due otherwise than by such declaration of acceleration and any interest thereon at the rate or rates prescribed therefor in such Securities;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to the extent that payment of such interest
          is lawful, interest on overdue interest at the rate or rates prescribed therefor in such Securities; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(D)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">all sums paid or advanced by the Trustee
          hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee and its agents and counsel; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">all Events of Default with respect to Securities of that
          series or of all series, as the case may be, other than the non-payment of principal amount, premium, Additional Amounts or interest on Securities of that series or of all series, as the case may be, which have become due solely by such
          declaration of acceleration, have been cured or waived as provided in Section 5.13.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No such rescission shall affect any subsequent default or impair any right consequent thereon.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.3&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Collection of Indebtedness and Suits for Enforcement by Trustee.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation covenants that if:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">default is made in the payment of any interest on any
          Security when such interest becomes due and payable and such default continues for a period of 30 days, or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">default is made in the payment of the principal of, or
          premium or Additional Amounts, if any, on any Security at the Maturity,</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-size: 10pt;">then it will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal and
      any premium, Additional Amounts and interest and, to the fullest extent that payment of such interest is legally enforceable, interest on any overdue principal, premium and Additional Amounts and on any overdue interest, at the rate or rates
      prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee and
      its agents and counsel.</div>
    <div style="text-align: justify; color: rgb(0, 0, 0);"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">33</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If an Event of Default with respect to Securities of any series or of all series, as the case may be, occurs and is continuing, the Trustee may in its discretion proceed to protect
      and enforce the rights of the Trustee and the rights of the Holders of Securities of such series or of all series, as the case may be, by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such
      rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.4&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Trustee May File Proofs of Claim.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In case of any judicial proceeding relative to the Corporation or any other obligor upon the Securities, or the property or creditors of the Corporation or any other obligor under
      the Securities, the Trustee, irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the
      Corporation for the payment of overdue premium, Additional Amounts or interest, shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Legislation in order to
      have claims of the Holders and the Trustee allowed in any such proceeding.&#160; In particular, the Trustee shall be authorized to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same, and
      any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent
      to the making of such payments directly to the Holders, to pay to the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee and its agents and counsel, and any other amounts due to the
      Trustee under Section 6.7.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No provision of this Indenture shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement,
      adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding; provided, however, that the Trustee may, on behalf of the
      Holders, vote for the election of a trustee in bankruptcy or similar official and be a member of a creditors<font style="color: rgb(0, 0, 0);">&#8217;</font> or other similar committee.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.5&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Trustee May Enforce Claims Without Possession of Securities.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production
      thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable
      compensation, expenses, disbursements and advances of the Trustee and its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">34</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">5.6&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Application of Money Collected.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to Article 15 of this Indenture, any money collected by the Trustee pursuant to this Article 5 shall be applied in the following order, at the date or dates fixed by the
      Trustee and, in case of the distribution of such money on account of principal or any premium, Additional Amounts or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender
      thereof if fully paid:&#160; (1) first, to the payment of all amounts due to the Trustee under Section 6.7; (2) second, to the payment of the amounts then due and unpaid for principal of, and any premium, Additional Amounts and interest, including
      interest on interest, if any, on, the Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for
      principal and any premium, Additional Amounts and interest, respectively; and (3) third, to the payment of the balance, if any, to the Corporation or any other Person or Persons legally entitled thereto.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.7&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Limitation on Suits.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No Holder of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture or the Securities or for the
      appointment of a receiver or trustee, or for any other remedy hereunder, unless:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">such Holder has previously given written notice to the
          Trustee of a continuing Event of Default with respect to the Securities of that series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Holders by Extraordinary Resolution or Holders&#8217; Request
          shall have made a request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">such Holder or Holders have offered to the Trustee indemnity
          reasonably satisfactory to it, against the costs, expenses and liabilities to be incurred in compliance with such request;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">for 60 days after its receipt of such notice, request and
          offer of indemnity, the Trustee has failed to institute any such proceeding; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160; &#160;&#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">no direction inconsistent with such Extraordinary Resolution
          or Holders&#8217; Request has been given to the Trustee during such 60-day period by the Extraordinary Resolution or Holders&#8217; Request of the Outstanding Securities of that series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to
      affect, disturb or prejudice the rights of any other Holders of Outstanding Securities of such affected series, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture,
      except in the manner herein provided and for the equal and ratable benefit of all of such Holders of the Outstanding Securities of such affected series.&#160; For purposes of clarity, it is hereby understood and agreed that an Event of Default described
      in clause (1) or (2) of Section 5.1 with respect to the Securities of any series shall, for purposes of this Section 5.7 be deemed to affect only such series of Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">35</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">5.8&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Unconditional Right of Holders to Receive Principal, Premium, Additional Amounts and Interest.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of,
      and any premium and Additional Amounts and, subject to Section 3.8, interest on, such Security on the respective Stated Maturities expressed in such Security or, in the case of redemption, on the Redemption Date, and to institute suit for the
      enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.9&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Restoration of Rights and Remedies.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason,
      or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Corporation, the Trustee and the Holders shall be restored severally and respectively to their former
      positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.10&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Rights and Remedies Cumulative.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 3.7, no right or remedy
      herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and
      remedy given hereunder or now or hereafter existing at law or in equity or otherwise.&#160; The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right
      or remedy.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.11&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Delay or Omission Not Waiver.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or
      constitute a waiver of any such Event of Default or an acquiescence therein.&#160; Every right and remedy given by this Article 5 or by Applicable Law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed
      expedient, by the Trustee or by the Holders, as the case may be.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.12&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Control by Holders.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Holders of the Outstanding Securities of any series shall have the right by Ordinary Resolution to direct the time, method and place of conducting any proceeding for any remedy
      available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series; provided that:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">such direction shall not be in conflict with any rule of
          law or with this Indenture,</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">36</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee may take any other action deemed proper by the
          Trustee which is consistent with such direction, and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">subject to the provisions of Section 6.1, the Trustee shall
          have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">5.13&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Waiver of Past Defaults.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to Section 5.2, the Holders of the Outstanding Securities of any series with respect to which any default under the Indenture shall have occurred and be continuing may by
      Ordinary Resolution, on behalf of the Holders of all Securities of such series, waive such past default under the Indenture and its consequences, except a default in the payment of the principal of, or any premium, Additional Amounts or interest on,
      any Security of such series at Maturity.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon any such waiver, such default shall cease to exist and be deemed not to have occurred, and any Event of Default arising therefrom shall be deemed to have been cured and not to
      have occurred, for every purpose of this Indenture with respect to the applicable series; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.&#160; For purposes of clarity, it is hereby understood and
      agreed that an Event of Default described in clause (1) or (2) of Section 5.1 with respect to the Securities of any series shall, for purposes of this Section 5.13, be deemed to affect only such series of Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.14&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Undertaking for Costs.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as a Trustee, a court
      may require any party litigant in such suit to file an undertaking to pay the costs of such suit, and may assess costs against any such party litigant, in the manner and to the extent provided in the Trust Indenture Legislation; provided that neither
      this Section 5.14 nor the Trust Indenture Legislation shall be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Corporation or the Trustee.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">5.15&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Waiver of Stay or Extension Laws.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation covenants, to the extent that it may lawfully do so, that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or
      advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture, and the Corporation, to the extent that it may lawfully do so, hereby expressly
      waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had
      been enacted.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">37</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 6</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">THE TRUSTEE</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">6.1&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Certain Duties and Responsibilities</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The duties and responsibilities of the Trustee set out in
          this Indenture shall be subject to Trust Indenture Legislation.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Subject to clause (1) of this Section 6.1, in the event an
          Event of Default has occurred and is continuing with respect to a series of Securities of which a Responsible Officer of the Trustee has received written notification in accordance with the provisions of this Indenture, the Trustee will, with
          respect to the Securities of such series, exercise such of the rights and powers vested in it under this Indenture and use the same degree of care, diligence and skill in its exercise, that a reasonably prudent trustee would exercise or use in
          the circumstances in the conduct of its own affairs.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Except during the continuance of an Event of Default with
          respect to the Securities of any series:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee undertakes to perform such
          duties and only such duties as are specifically set forth in this Indenture and applicable to the Trustee and no implied covenants or obligations shall be read into this Indenture against the Trustee, nor shall the Trustee have any obligation to
          recognize or have any liability or responsibility arising under any other document or agreement to which the Trustee is not a party, notwithstanding that reference thereto may be made herein; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">in the absence of bad faith on its part,
          the Trustee may conclusively act and rely, and shall be protected in so acting and relying, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and
          conforming to the requirements of this Indenture.&#160; However, the Trustee shall examine such certificates and opinions to determine whether or not they conform to the requirements of this Indenture, but, for greater certainty, need not confirm or
          investigate the accuracy of mathematical calculations or other facts stated therein, and shall be entitled to seek advice from legal counsel in relation thereto.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">The Trustee will not be relieved from liability for its own
          negligent action, its own negligent failure to act or its own willful misconduct, except that:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">this Section 6.1(4) shall not be
          construed to limit the effect of Section 6.1(2);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not be liable for any
          error of judgment made in good faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not be liable for any
          action it takes or omits to take in good faith that it believes to be authorized or within the rights or powers conferred upon it by this Indenture, provided that the Trustee&#8217;s conduct does not constitute negligence, willful misconduct or bad
          faith; and</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">38</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(D)</font><font style="font-size: 10pt;">&#160; &#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not be liable with
          respect to any action it takes or omits to take with respect to Securities of any series in good faith in accordance with a direction received by it pursuant to Section 5.12.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The Trustee shall not be deemed to have notice or any actual
          knowledge of any matter, including defaults or Events of Default, unless written notice thereof is received by a Responsible Officer of the Trustee in accordance with this Indenture and such notice clearly references the Securities, the
          Corporation and this Indenture.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">Every provision of this Indenture, as applicable, that in any
          way relates to the Trustee is subject to Section 6.1(2), Section 6.1(3), Section 6.1(4) and Section 6.1(7).</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">No provision of this Indenture shall require the Trustee to
          expend or risk its own funds or otherwise incur liability in the performance of any of its duties hereunder.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">No provision of this Indenture shall require the Trustee to
          take or omit to take any action under this Indenture or take any action at the request or direction of Holders if it has grounds for believing that repayment of such funds is not assured to it or it does not receive an agreement in writing from
          such Holders for full indemnity and security satisfactory to it in its discretion against any loss, liability or expense which might be incurred by it in compliance with such request or direction nor shall the Trustee be required to do anything
          which is illegal or contrary to Applicable Law or this Indenture.&#160; The Trustee shall not be liable to the Holders if prevented or delayed in performing any of its obligations or discretionary functions under this Indenture by (i) any present or
          future law applicable to it, (ii) any Governmental Authority or (iii) any circumstances beyond its control.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(9)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">The Trustee will, save as expressly otherwise provided
          herein, have absolute and uncontrolled discretion as to the exercise or non-exercise of its functions and will not be responsible, save as expressly provided herein, for any loss, liability, cost, claim, action, demand, expense or inconvenience
          which may result from its exercise or non-exercise but, whenever the Trustee is under the provisions of this Indenture or the Securities bound to act at the request or direction of the Holders, the Trustee shall nevertheless not be so bound
          unless first indemnified or secured to its satisfaction against all actions, proceedings, claims and demands to which it may render itself liable and all costs, charges, damages, expenses and liabilities which it may incur by so doing.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">6.2&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Notice of Defaults</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If a default occurs hereunder with respect to Securities of any series, and a Responsible Officer of the Trustee has been provided with written notification of such default, the
      Trustee shall give the Holders of Securities of such series notice of such default as and to the extent provided by the Trust Indenture Legislation.&#160; For the purpose of Section 6.1 and this Section 6.2, the term <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">default</font><font style="color: rgb(0, 0, 0);">&#8221;</font> means any event which is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such
      series.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.3&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Certain Rights of the Trustee.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to the provisions of Section 6.1:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">39</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee may conclusively act and rely and shall be
          protected in so acting or refraining from acting and relying upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other
          paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any request or direction of the Corporation mentioned herein
          shall be sufficiently evidenced by a Company Request or Company Order or as otherwise expressly provided herein, and any resolution of the Board of Directors of the Corporation shall be sufficiently evidenced by a Board Resolution of the
          Corporation;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">whenever in the administration of this Indenture the Trustee
          shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee, unless other evidence be herein specifically prescribed, may, in the absence of bad faith on its part, rely
          upon an Officer&#8217;s Certificate or an Opinion of Counsel, and the Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officer&#8217;s Certificate or Opinion of Counsel;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee may employ or retain or consult with such
          agents, counsel, investment bankers or accountants, or such other experts or advisors of its selection as it reasonably requires for the purpose of determining and discharging its rights and duties and administering the trusts hereunder, and the
          opinion or advice of, or information obtained from, any such agent, counsel, investment banker or accountant, or other expert or advisor, or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action
          taken, suffered or omitted by the Trustee hereunder in good faith and in reliance thereon;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">subject to the provisions of the Indenture relating to the
          duties of the Trustee in case an Event of Default occurs and is continuing, the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders of
          Securities of any series pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity, reasonably satisfactory to it, against the costs, expenses and liabilities which might be incurred by it in
          compliance with such request or direction;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not be bound to make any investigation into
          the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in
          its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled, at reasonable times previously
          notified to the Corporation, to examine the relevant books, records and premises of the Corporation, personally or by agent or attorney;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee may execute any of the trusts or powers hereunder
          or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">40</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">in no event shall the Trustee be responsible or liable for
          special, indirect, incidental, punitive or consequential loss or damage of any kind whatsoever, including lost profits, even if the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(9)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">in no event shall the Trustee be responsible or liable for
          any failure or delay in the performance of its obligations under this Indenture arising out of or caused by, directly or indirectly, forces beyond its reasonable control, including strikes, work stoppages, accidents, acts of war or terrorism,
          civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(10)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the permissive rights of the Trustee to take the actions
          permitted by this Indenture will not be construed as an obligation or duty to do so;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(11)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">prior to the occurrence of an Event of Default of which a
          Responsible Officer of the Trustee shall have actual knowledge, and after the curing of all such Events of Default which may have occurred, the duties and obligations of the Trustee shall be determined solely by the express provisions of this
          Indenture and the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Indenture and no implied covenants or obligations shall be read into this Indenture against the Trustee;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(12)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the Trustee shall have no duty to inquire as to the
          performance of the Corporation with respect to the covenants contained herein.&#160; The Trustee may assume without inquiry in the absence of written notice to the contrary that the Corporation is duly complying with its obligations contained in this
          Indenture required to be performed and observed by it, and that no default or Event of Default or other event which would require repayment of the Securities has occurred;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(13)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee may request that the Corporation deliver an
          Officer&#8217;s Certificate setting forth the names of the individuals and titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officer&#8217;s Certificate may be signed by any Person authorized to sign an
          Officer&#8217;s Certificate, including any Person specified as so authorized in any such certificate previously delivered and not superseded;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(14)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not be required to give any bond or surety
          in respect of the performance of its powers and duties hereunder; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(15)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the Trustee shall not have any obligation or duty to monitor,
          determine or inquire as to compliance, and shall not be responsible or liable for compliance with restrictions on transfer, exchange, redemption, purchase or repurchase, as applicable, of minimum denominations imposed under this Indenture or
          under Applicable Law with respect to any transfer, exchange, redemption, purchase or repurchase, as applicable, of any interest in any Securities, but may in its sole discretion, choose to do so.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">41</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">6.4&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Not Responsible for Recitals or Issuance of Securities.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The recitals contained herein and in the Securities, except a Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s certificate of authentication, shall be taken as the statements of
      the Corporation, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness.&#160; The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities, except that the
      Trustee represents that it is duly authorized to execute and deliver this Indenture and perform its obligations hereunder.&#160; Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Corporation of
      Securities or the proceeds thereof.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.5&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>May Hold Securities.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="font-size: 10pt;">The Trustee, any Authenticating Agent, any Paying Agent, any Registrar or any other agent of the Corporation or of the Trustee, in its individual or any other capacity,
        may become the owner or pledgee of Securities and, subject to Sections 6.8 and 6.13, may otherwise deal with the Corporation with the same rights it would have if it were not the Trustee, Authenticating Agent, Paying Agent, Registrar or such other
        agent.<br>
      </font> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.6&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Money Held in Trust.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Money held by either the Trustee or any Paying Agent in trust hereunder need not be segregated from other funds except to the extent required by law.&#160; Neither the Trustee nor any
      Paying Agent shall be under any liability for interest on any money received by it hereunder except as otherwise agreed in writing with the Corporation.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.7&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Compensation and Reimbursement.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation agrees:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to pay to the Trustee from time to time such compensation as
          shall be agreed to in writing between the Corporation and the Trustee for all services rendered by it hereunder, which compensation shall not be limited by any provision of Applicable Law in regard to the compensation of a trustee of an express
          trust;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">except as otherwise expressly provided herein, to reimburse
          the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture, including the reasonable compensation and the expenses and disbursements of
          its agents and counsel subject to prior agreement by the Corporation (and the Corporation shall not unreasonably withhold its agreement to such expenses and disbursements), except any such expense, disbursement or advance as may be attributable
          to the Trustee&#8217;s negligence, willful misconduct or bad faith; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">in addition to and without limiting any other protection of
          the Trustee hereunder, or otherwise by law, to indemnify the Trustee and its directors, officers, Affiliates, employees and agents for, and to hold it and them harmless against, any claim, demand, action, cause of action, cost, charge, damage,
          loss, liability or expense incurred without negligence, willful misconduct or bad faith on its or their part arising out of or in connection with the Trustee&#8217;s acceptance or administration of the trust or trusts hereunder, including the costs and
          expenses of defending itself or themselves against any claim or liability (whether asserted by any Holder, the Corporation or otherwise) and of enforcing the terms of this Indenture (including, but not limited to, any indemnification provided
          hereunder) in connection with the exercise or performance of any of the Trustee&#8217;s powers or duties hereunder.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">42</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">As security for the performance of the obligations of the Corporation under this Section 6.7, the Trustee shall have a lien prior to the Securities upon all property and funds held
      by it hereunder for any amount owing to it or any predecessor of the Trustee pursuant to this Section 6.7, except with respect to funds held in trust for the benefit of the Holders of particular Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Without limiting any rights available to the Trustee under Applicable Law, when the Trustee incurs expenses or renders services in connection with an Event of Default specified in
      Section 5.1(4) or Section 5.1(5), the expenses, including the reasonable charges and expenses of its counsel, and the compensation for the services are intended to constitute expenses of administration under any applicable U.S. or Canadian federal,
      state or provincial bankruptcy, insolvency or other similar law.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The provisions of this Section 6.7 shall survive the satisfaction, discharge or termination of this Indenture and the resignation or removal of the Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The rights, protections, powers, immunities and indemnities afforded to the Trustee under this Indenture shall be afforded to any other trustee, any Paying Agent, any Registrar or
      any Authenticating Agent appointed hereunder.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.8&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Conflicting Interests.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If the Trustee has or shall acquire a conflicting interest or material conflict of interest within the meaning of any Trust Indenture Legislation, the Trustee shall either eliminate
      such interest or resign, to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Legislation and this Indenture. To the extent permitted by the Trust Indenture Legislation, the Trustee shall not be deemed to
      have a conflicting interest or material conflict of interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series.&#160; The Trustee represents and warrants to the Corporation that it has no conflicting
      interest or material conflict of interest within the meaning of any Trust Indenture Legislation.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.9&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Corporate Trustee Required; Eligibility.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">There shall at all times be a Trustee hereunder with respect to the Securities of each series, which may be the Trustee hereunder for Securities of one or more other series.&#160; For so
      long as required by the Trust Indenture Legislation, the Trustee shall at all times be a corporation organized under the laws of Canada or any province thereof and shall be authorized and, if so required, duly registered to carry on the business of a
      trust company under the laws of each province and territory of Canada. The Trustee shall be a Person that is eligible pursuant to the Trust Indenture Legislation to act as such.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No obligor of any Securities under this Indenture or Person directly or indirectly controlling, controlled by, or under common control with such obligor shall serve as Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In case at any time the Trustee shall cease to be eligible in accordance with the provisions of this Section 6.9, such Trustee shall resign immediately in the manner and with the
      effect specified in Section 6.10.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">43</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">6.10&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Resignation and Removal; Appointment of Successor.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article 6 shall become effective until the acceptance of appointment by the
      successor Trustee in accordance with the applicable requirements of Section 6.11.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee may resign at any time with respect to the Indenture and the Securities of one or more series, as applicable, by giving written notice thereof to the Corporation.&#160; If the
      instrument of acceptance by a successor Trustee required by Section 6.11 shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation, the Trustee may petition (at the expense of the Corporation) any
      court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series in accordance with the terms of this Section 6.10.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee may be removed at any time with respect to the Securities of any series (i) by Extraordinary Resolution pursuant to Section 9.11(8) or (ii) by the Corporation by Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate delivered to the Trustee.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If at any time:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the Trustee shall fail to comply with Section 6.8 after
          written request therefor by the Corporation or by any Holder who has been a <font style="font-style: italic;">bona fide</font> Holder of a Security for at least six months; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">the Trustee shall cease to be eligible under Section 6.9 and
          shall fail to resign after written request therefor by the Corporation or by any Holder who has been a <font style="font-style: italic;">bona fide </font>Holder of a Security for at least six months; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the Trustee shall become incapable of acting or shall be
          adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or its property or affairs for the purpose of rehabilitation, conservation or
          liquidation,</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-size: 10pt;">then, in any such case, (A) the Corporation by a Board Resolution may remove the Trustee with respect to all Securities or the Securities of such series, or (B) subject to Section
      5.14, any Holder who has been a <font style="font-style: italic;">bona fide</font> Holder of a Security for at least six months may, on behalf of himself or herself and all others similarly situated, petition any court of competent jurisdiction for
      the removal of the Trustee with respect to all Securities of such series and the appointment of a successor Trustee or Trustees.</div>
    <div style="text-align: justify; color: rgb(0, 0, 0);"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">44</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of the Trustee for any cause, with respect to the Securities of one
      or more series, then the Corporation, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series, it being understood that any such successor Trustee may be appointed with
      respect to the Securities of one or more or all of such series and that at any time there shall be at most one Trustee with respect to the Securities of any particular series, and shall comply with the applicable requirements of Section 6.11.&#160; If,
      within 60 days after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall not have been appointed by the Corporation, then a successor Trustee may be
      appointed by Extraordinary Resolution pursuant to Section 9.11(8) and the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 6.11, become the successor
      Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Corporation.&#160; If no successor Trustee with respect to the Securities of any series shall have been so appointed by the
      Corporation or by the Holders of such series and accepted appointment in the manner required by Section 6.11 within 120 days after such resignation, removal or incapability, or the occurrence of such vacancy, any Holder who has been a <font style="font-style: italic;">bona fide</font> Holder of a Security of such series for at least six months may, or the Trustee may, at the expense of the Corporation, petition any court of competent jurisdiction for the appointment of a successor
      Trustee with respect to the Securities of such series.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation shall give notice of each resignation and each removal of a Trustee with respect to the Securities of any series and each appointment of a successor Trustee with
      respect to the Securities of any series to all Holders of Securities of such series in the manner provided in Section 1.6.&#160; Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of
      its Corporate Trust Office.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.11&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Acceptance of Appointment by Successor.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the
      Corporation and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall
      become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Corporation or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument
      transferring to such successor Trustee all the rights, powers, protections, immunities, indemnities and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring
      Trustee hereunder.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more, but not all, series, the Corporation, the retiring Trustee and each
      successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which: (i) shall contain such provisions as shall be
      necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, protections, immunities, indemnities, trusts and duties of the retiring Trustee with respect to the Securities of that or those series
      to which the appointment of such successor Trustee relates; (ii) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers,
      protections, immunities, indemnities, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee; and (iii)
      shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by multiple Trustees, it being understood that nothing herein or in such supplemental
      indenture shall constitute such Trustees co-trustees of the same trust, except as otherwise provided in this Indenture, and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder
      administered, except as otherwise provided in this Indenture, by any other such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent
      provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, protections, immunities, indemnities, trusts and duties of the retiring Trustee with respect to the
      Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Corporation or any successor Trustee, such retiring Trustee shall, upon payment of its charges with respect to the Securities of
      that or those series to which the appointment of such successor Trustee relates, duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or
      those series to which the appointment of such successor Trustee relates.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">45</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon request of any such successor Trustee, the Corporation shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all
      such rights, powers, protections, immunities, indemnities and trusts referred to in the first or second preceding paragraph of this Section 6.11, as the case may be.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under this Article 6.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.12&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Merger, Amalgamation, Conversion, Consolidation or Succession to Business.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any Person into which the Trustee may be merged, arranged, amalgamated or converted or with which it may be consolidated, or any Person resulting from any merger, arrangement,
      amalgamation, conversion or consolidation to which the Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such
      Person shall be otherwise qualified and eligible under this Article 6, without the execution or filing of any paper or any further act on the part of any of the parties hereto.&#160; In case any Securities shall have been authenticated but not delivered
      by the Trustee then in office, any successor by merger, arrangement, amalgamation, conversion or consolidation to such authenticating Trustee shall be deemed to have adopted such authentication and shall deliver the Securities so authenticated with
      the same effect as if such successor Trustee had itself authenticated such Securities without the execution or filing of any paper or any further act on the part of any of the parties hereto.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">6.13&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Appointment of Authenticating Agent.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee may appoint one or more Authenticating Agents acceptable to the Corporation with respect to one or more series of Securities which shall be authorized to act on behalf of
      the Trustee to authenticate Securities of such series and the Trustee shall give written notice of such appointment to all Holders of Securities of the series with respect to which such Authenticating Agent will serve.&#160; Securities so authenticated
      shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder.&#160; Any such appointment shall be evidenced by an instrument in writing signed by a Responsible Officer
      of the Trustee, and a copy of such instrument shall be promptly furnished to the Corporation.&#160; Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s certificates of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an
      Authenticating Agent.&#160; Each Authenticating Agent shall be acceptable to the Corporation and shall at all times be a corporation organized and doing business under the laws of Canada or any province thereof, authorized under such laws to act as
      Authenticating Agent<font style="font-weight: bold;">&#160;</font>and subject to supervision or examination by Canadian federal or provincial authority.&#160; If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions
      of this Section 6.13, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section 6.13.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">46</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any Person into which an Authenticating Agent may be merged, arranged, amalgamated or converted or with which it may be consolidated, or any corporation resulting from any merger,
      arrangement, amalgamation, conversion or consolidation to which such Authenticating Agent shall be a party, or any Person succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an
      Authenticating Agent, provided that such corporation shall be otherwise eligible under this Section 6.13, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Corporation.&#160; The Trustee may at any time terminate the agency of an
      Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Corporation.&#160; Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be
      eligible in accordance with the provisions of this Section 6.13, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Corporation and shall give notice of such appointment in the manner provided in Section 1.6 to
      all Holders of Securities of the series with respect to which such Authenticating Agent will serve.&#160; Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its
      predecessor hereunder, with like effect as if originally named as an Authenticating Agent.&#160; No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section 6.13.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation agrees to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section 6.13.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If an appointment with respect to one or more series is made pursuant to this Section 6.13, the Securities of such series may have endorsed thereon, in addition to the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s certificate of authentication, an alternative certificate of authentication in the following form:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <table cellspacing="0" cellpadding="0" border="0" id="z6dca9e52dc004f6fa2027000e57addee" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: justify; font-weight: bold;">[NAME OF AUTHENTICATING AGENT],</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: justify;">as Authenticating Agent</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify;"><br>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 3%; vertical-align: top; padding-bottom: 2px;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 47%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);"><br>
          </td>
        </tr>

    </table>
    <div> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">47</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; font-size: 10pt;">6.14&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Third Party</u>.</font></div>
    <div><font style="font-size: 10pt;">&#160; <br>
      </font> </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation hereby represents to the Trustee that any account to be opened by, or interest to be held by, the Trustee in connection with this Indenture, for or to the credit of
      the Corporation, either:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">is not intended to be used by or on behalf of any third
          party; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">is intended to be used by or on behalf of a third party, in
          which case, the Corporation hereto agrees to complete and execute forthwith a declaration in the Trustee&#8217;s prescribed form as to the particulars of such third party.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">6.15&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Not Bound to Act</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee shall retain the right not to act and shall not be liable for refusing to act if, due to a lack of information or for any other reason whatsoever, the Trustee, in its
      sole judgment, determines that such act might cause it to be in non-compliance with any applicable economic sanctions legislation or regulation or any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline.&#160; Further,
      should the Trustee, in its sole judgment, determine at any time that its acting under this Indenture has resulted in its being in non-compliance with any applicable economic sanctions legislation or regulation or any applicable anti-money laundering
      or anti-terrorist legislation, regulation or guideline, then it shall have the right to resign on 20 days<font style="color: rgb(0, 0, 0);">&#8217;</font> written notice to the Corporation, notwithstanding the provisions of Section 6.10 of this Indenture,
      provided that:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the Trustee&#8217;s written notice shall describe the circumstances
          of such non-compliance to the extent permitted under such economic sanctions legislation or regulation or applicable anti-money laundering or anti-terrorist legislation, regulations or guidelines; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">if such circumstances are rectified to the Trustee&#8217;s
          satisfaction within such 20 day period, then such resignation shall not be effective.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">6.16&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Privacy</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The parties acknowledge that federal and/or provincial legislation that addresses the protection of individuals<font style="color: rgb(0, 0, 0);">&#8217;</font> personal information
      (collectively, <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Privacy Laws</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) applies to obligations and activities under this Indenture.&#160; Despite any
      other provision of this Indenture, neither the Corporation nor the Trustee shall take or direct any action that would contravene or cause the other to contravene applicable Privacy Laws.&#160; The Corporation shall, prior to transferring or causing to be
      transferred personal information to the Trustee, obtain and retain required consents of the relevant individuals to the collection, use and disclosure of their personal information, or shall have determined that such consents either have previously
      been given upon which the parties can rely or are not required under Privacy Laws.&#160; The Trustee shall use commercially reasonable efforts to ensure that its services hereunder comply with Privacy Laws.&#160; Specifically, the Trustee agrees:&#160; (1) to have
      a designated chief privacy officer; (2) to maintain policies and procedures to protect personal information and to receive and respond to any privacy complaint or inquiry; (3) to use personal information solely for the purposes of providing its
      services under or ancillary to this Indenture and not to use it for any other purpose except with the consent of or direction from the Corporation or the individual involved; (4) not to sell or otherwise improperly disclose personal information to
      any third party; and (5) to employ administrative, physical and technological safeguards to reasonably secure and protect personal information against loss, theft, or unauthorized access, use or modification.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">48</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 7</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">HOLDERS LISTS AND REPORTS BY TRUSTEE AND CORPORATION</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">7.1&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Corporation to Furnish Names and Addresses of Holders.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation will furnish or cause to be furnished to the Trustee:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">semi-annually within 15 days after each Regular Record Date,
          a list, in such form as the Trustee may reasonably require, of the names and addresses of the Holders of Securities of each series as of such Regular Record Date; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">at such other times as the Trustee may reasonably request in
          writing, within 30 days after the receipt by the Corporation of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; color: rgb(0, 0, 0); font-size: 10pt;">provided, however, that so long as the Trustee is the Registrar, no such list shall be required to be furnished to the Trustee.&#160; If the Trustee shall no longer be the Registrar,
      the Trustee shall be entitled to rely on the most recent such list provided or available to it without liability therefor.</div>
    <div style="text-align: justify; color: rgb(0, 0, 0);"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">7.2&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Preservation of Information; Communications to Holders.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as
      provided in Section 7.1 and the names and addresses of Holders received by the Trustee in its capacity as Registrar.&#160; The Trustee may destroy any list furnished to it as provided in Section 7.1 upon receipt of a new list so furnished.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and obligations of the
      Trustee, shall be as provided by the Trust Indenture Legislation.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Every Holder of Securities, by receiving and holding the same, agrees with the Corporation and the Trustee that none of the Corporation or the Trustee or any agent of any of them
      shall be held accountable by reason of any disclosure of information as to names and addresses of Holders made pursuant to the Trust Indenture Legislation.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">7.3&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Reports by Trustee.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee shall transmit to Holders such reports concerning the Trustee and its actions under this Indenture as may be required pursuant to the Trust Indenture Legislation at the
      times and in the manner provided pursuant thereto. A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities of any series are listed, if applicable.&#160; The
      Corporation will promptly notify the Trustee when any Securities are listed on any stock exchange.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">49</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">7.4&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Reports by Corporation.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">The Corporation shall supply to Holders and the Trustee, in
          each case at the Corporation&#8217;s own expense, copies of the annual reports and quarterly reports of the Corporation and of any information, documents or reports that the Corporation is required to file in accordance with Applicable Securities Laws
          within 15 days after the same is filed with the Canadian securities regulatory authorities or pursuant to applicable Trust Indenture Legislation at the times and in the manner provided pursuant to such Trust Indenture Legislation.&#160;
          Notwithstanding the foregoing, such reports, information or documents shall be deemed supplied to Holders and the Trustee pursuant to this Section 7.4(1) if such reports, information or documents have been filed by the Corporation with the
          Canadian securities regulatory authorities.&#160; The Trustee shall have no responsibility to determine if and when any such reports, information or documents have been filed by the Corporation with the Canadian securities regulatory authorities.&#160;
          Delivery of these reports, information and documents to the Trustee is for informational purposes only and the Trustee&#8217;s receipt of any such report will not constitute constructive notice of any information contained therein or determinable from
          information contained therein, including the Corporation&#8217;s compliance with any of its covenants hereunder, as to which the Trustee is entitled to rely exclusively on Officer&#8217;s Certificates.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">Notwithstanding that the Corporation may not be subject to
          the reporting requirements of Applicable Securities Laws, or otherwise report on an annual and quarterly basis on forms provided for such annual and quarterly reporting pursuant to rules and regulations promulgated by the Canadian securities
          regulatory authorities, the Corporation shall supply to Holders and the Trustee all annual and quarterly financial statements that the Corporation would have filed with the Canadian securities regulatory authorities as if the Corporation was
          required, as a Canadian public reporting company, to file with the Canadian securities regulatory authorities such financial statements; and, with respect to the annual financial statements only, including a report thereon by the Corporation&#8217;s
          certified independent accountants, plus, in each case, a Management&#8217;s Discussion and Analysis of the Corporation that describes its financial condition and results of operations on a consolidated basis.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding the foregoing, such statements, reports and information shall be deemed supplied to Holders and the Trustee pursuant to this Section 7.4 if such statements, reports
      and information have been posted on the Corporation<font style="color: rgb(0, 0, 0);">&#8217;</font>s public website.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 8</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">CONSOLIDATION, AMALGAMATION, ARRANGEMENT, MERGER,</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">CONVEYANCE OR TRANSFER</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">8.1&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);"><u>Corporation May Consolidate, Etc., on Certain Terms.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Nothing contained in this Indenture or in any of the Securities shall prevent any consolidation, merger, arrangement or amalgamation of the Corporation with or into any other Person
      or Persons, whether or not affiliated with the Corporation or successive consolidations, mergers, arrangements or amalgamations in which the Corporation or any of its successors shall be a party, or shall prevent any conveyance or transfer of the
      properties and assets of the Corporation as an entirety or substantially as an entirety to any other Person, whether or not affiliated with the Corporation lawfully entitled to acquire the same; provided, however, that the Corporation hereby
      covenants and agrees, that:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">50</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">if an Event of Default has occurred and is continuing, it
          will not enter into any agreement for any such consolidation, merger, arrangement, amalgamation, conveyance or transfer; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">upon any such consolidation, merger, arrangement,
          amalgamation, conveyance or transfer, (i) the due and punctual payment of the principal of, and premium, Additional Amounts and interest on, all of the Securities, according to their tenor, and the due and punctual performance and observance of
          all of the covenants and conditions of this Indenture to be performed by the Corporation shall be expressly assumed, by indenture supplemental hereto, in form reasonably satisfactory to the Trustee, executed and delivered to the Trustee by the
          Person (if other than the Corporation) formed by such consolidation, or into which the Corporation shall have been merged, arranged or amalgamated, or by the Person which shall have acquired such properties and assets, and (ii) the Corporation
          shall deliver to the Trustee an Officer&#8217;s Certificate and an Opinion of Counsel, each stating that such consolidation, merger, arrangement, amalgamation, conveyance or transfer and, if a supplemental indenture is required in connection with such
          transaction, such supplemental indenture, comply with this 8.1 and that all conditions precedent herein provided for relating to such transaction have been complied with.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">8.2&#160;&#160;&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Successor Substituted.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon any consolidation, merger, arrangement or amalgamation of the Corporation with or into any other Person or Persons or any conveyance or transfer of the properties and assets of
      the Corporation as an entirety or substantially as an entirety in accordance with Section 8.1, the successor Person formed by such consolidation, arrangement or amalgamation or into which the Corporation is merged or to whom such conveyance or
      transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Corporation under this Indenture with the same effect as if such successor Person had been named as the Corporation herein, and thereafter
      (except with respect to any Person that is a predecessor to an amalgamation) the predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Securities, as the case may be, so long as the covenants of this
      Article 8 have been complied with.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 9</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">MEETING OF HOLDERS</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Purpose, Effect and Convention of Meetings</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">Wherever in this Indenture a consent, waiver, notice,
          authorization or resolution of the Holders (or any of them) is required, a meeting may be convened in accordance with this Article 9 to consider and resolve whether such consent, waiver, notice, authorization or resolution should be approved by
          the Holders. An Ordinary Resolution shall constitute conclusively such consent, waiver, notice, authorization or resolution; provided that an Extraordinary Resolution shall be required wherever in this Indenture such consent, waiver, notice,
          authorization or resolution of the Holders is required to be approved by Extraordinary Resolution or otherwise by Holders of at least 66&#8532;% in principal amount of the Outstanding Securities.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">51</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">At any time and from time to time, the Trustee on behalf of
          the Corporation may and, on receipt of Instructions or a Holders' Request and upon being indemnified and funded for the costs thereof to the reasonable satisfaction of the Trustee by the Corporation or the Holders signing such Holders&#8217; Request,
          will, convene a meeting of all Holders.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">If the Trustee fails to convene a meeting after being duly
          requested as aforesaid (and indemnified and funded as aforesaid), the Corporation or such Holders may themselves convene such meeting and the notice calling such meeting may be signed by such Person as the Corporation or those Holders designate,
          as applicable.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">Every such meeting will be held in Toronto, Ontario or such
          other place or in any manner (including by way of a &#8220;virtual&#8221; meeting held online or by electronic means) as may be approved or determined by the Trustee, the Corporation or the Holders as convened the meeting in accordance with this Section 9.1.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.2&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Notice of Meetings</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">At least 21 days&#8217; notice of any meeting of the Holders of one or more series of Securities or of all Securities then Outstanding, as the case may be, shall be given to the Holders of
      such series of Securities or of all Securities then Outstanding, as applicable, in the manner provided in Section 1.6 and a copy of such notice shall be sent to the Trustee, unless the meeting has been called by the Trustee, and to the Corporation,
      unless such meeting has been called by the Corporation. Such notice shall state the time when and the place where, or the manner in which, the meeting is to be held and shall state briefly the general nature of the business to be transacted thereat
      and it shall not be necessary for any such notice to set out the terms of any resolution to be proposed or any of the provisions of this Article. The accidental omission to give notice of a meeting to any Holder of Securities shall not invalidate any
      resolution passed at any such meeting. A Holder may waive notice of a meeting either before or after the meeting.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.3&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Chairman</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">An individual, who need not be a Holder, nominated in writing by the Trustee shall be chairman of the meeting and if no individual is so nominated, or if the individual so nominated
      is not present within 15 minutes from the time fixed for the holding of the meeting, a majority of the Holders present or by proxy shall choose some individual present to be chairman.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.4&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Quorum</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to this Indenture, a quorum at any meeting of Securities of one or more series or of all Securities shall consist of one or more Holders present or represented by proxy and
      representing at least 25% of the principal amount of the Securities of the relevant series then Outstanding or of all Securities then Outstanding, as applicable. If a quorum of the Holders shall not be present within 30 minutes from the time fixed
      for holding any meeting, the meeting, if convened by the Holders or pursuant to a Holders&#8217; Request, shall be dissolved, but in any other case the meeting shall be adjourned to the same day in the next week (unless such day is not a Business Day in
      which case it shall be adjourned to the next following Business Day thereafter) at the same time and place, or in the same manner, and no notice shall be required to be given in respect of such adjourned meeting. At the adjourned meeting, the Holders
      present or represented by proxy shall constitute a quorum and may transact the business for which the meeting was originally convened notwithstanding that they may not represent 25% of the principal amount of the Securities of the relevant series or
      of all series then Outstanding, as applicable. Any business may be brought before or dealt with at an adjourned meeting which might have been brought before or dealt with at the original meeting in accordance with the notice calling the same. No
      business shall be transacted at any meeting unless the required quorum be present at the commencement of business.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">52</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">9.5&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Power to Adjourn</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The chairman of any meeting at which a quorum of Holders is present may, with the consent of the Holders of a majority in principal amount of the Securities represented thereat,
      adjourn any such meeting and no notice of such adjournment need be given except such notice, if any, as the meeting may prescribe.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.6&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Show of Hands</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided in this Indenture, every resolution submitted to a meeting shall be decided by a majority of the votes cast on a show of hands, and unless a poll is duly
      demanded as herein provided, a declaration by the chair that a resolution has been carried or carried unanimously or by a particular majority or lost or not carried by a particular majority shall be conclusive evidence of the fact.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.7&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Poll</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">On every resolution proposed to be passed as an Extraordinary Resolution and on any other resolution submitted to a meeting in respect of which the chair of the meeting or one or
      more Holders or proxyholders for Holders holding at least 5% of the principal amount of the Securities represented at the meeting demands a poll, a poll shall be taken in such manner and either at once or after an adjournment as the chair of the
      meeting shall direct. If a poll is taken, other than for Extraordinary Resolutions, then such poll will be decided by the votes of the Holders of a majority in principal amount of the Securities represented at the meeting and voted on the poll.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.8&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Voting</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">On a show of hands, every Person who is present and entitled to vote, whether as a Holder or as proxyholder for one or more Holders or both, shall have one vote. On a poll, each
      Holder present or represented by a proxy duly appointed by an instrument in writing shall be entitled to one vote in respect of each $1,000 principal amount of Securities held by such Holder on the record date fixed for the meeting. A proxyholder
      need not be a Holder. In the case of joint Holders of a Security, any one of them present or represented by proxy at the meeting may vote in the absence of the other or others, but if more than one of them are present or represented by proxy, they
      shall vote together in respect of the Securities of which they are joint Holders.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">53</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">9.9&#160;&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Proxies</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">A Holder may be present and vote at any meeting of Holders by an authorized representative. The Corporation (in case it convenes the meeting) or the Trustee (in any other case), for
      the purpose of enabling the Holders to be present and vote at any meeting without producing their Securities, and of enabling them to be present and vote at any such meeting by proxy and of depositing instruments appointing such proxies at some place
      other than the place where the meeting is to be held, may from time to time make and vary such regulations as it shall think fit providing for and governing any or all of the following matters:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">voting by proxy by Holders, the form of the instrument
          appointing a proxyholder (which shall be in writing) and the manner in which it may be executed, and the authority to be provided by any Person signing a proxy on behalf of a Holder;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the deposit of instruments appointing proxyholders at such
          place or in such manner as the Trustee, the Corporation or the Holders convening the meeting, as the case may be, may, in the notice convening the meeting, direct and the time, if any, before the holding of the meeting or any adjournment thereof
          by which the same shall be deposited; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the deposit of instruments appointing proxyholders at an
          approved place or places other than the place at which the meeting is to be held or in any other manner and enabling particulars of such instruments appointing proxyholders to be mailed, facsimiled or otherwise provided (including by electronic
          means) before the meeting to the Corporation or to the Trustee and for the voting of proxies so deposited as though the instruments themselves were produced at the meeting.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any regulations so made shall be binding and effective and the votes given in accordance therewith shall be valid and shall be counted. Save as such regulations may provide, the only
      Persons who shall be recognized at a meeting as the Holders of any Securities, or as entitled to vote or, subject to Section 9.10, be present at the meeting in respect thereof, shall be Holders and Persons whom Holders have by instrument in writing
      duly appointed as their proxyholders.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.10&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Persons Entitled to Attend Meetings</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation and the Trustee, by their directors, officers and employees and the legal advisors of the Corporation, the Trustee or any Holder may attend any meeting of the
      Holders, but shall have no vote as such.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.11&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Powers Exercisable by Extraordinary Resolution</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In addition to the powers conferred upon them by any other provision of this Indenture (including Section 5.13) or by law, a meeting of the Holders shall have the following powers
      exercisable from time to time by Extraordinary Resolution, subject in the case of the matters in paragraphs (9) and (10) to receipt of the prior approval of the exchange, if any, on which any securities of the Corporation are then listed:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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      <div id="DSPFPageBreak" style="page-break-after:always;">
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    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">power to sanction any modification, abrogation, alteration,
          compromise or arrangement of the rights of the Holders or the Trustee against the Corporation, or against its property, whether such rights arise under this Indenture, the Securities or otherwise;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">power to assent to any modification of or change in or
          addition to or omission from the provisions contained in this Indenture or any Security which shall be agreed to by the Corporation and to authorize the Trustee to concur in and execute any indenture supplemental or other instrument hereto
          embodying any modification, change, addition or omission;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">power to direct or authorize the Trustee to exercise any
          power, right, remedy or authority given to it by this Indenture in any manner specified in any such Extraordinary Resolution or to refrain from exercising any such power, right, remedy or authority;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">power to restrain any Holder from taking or instituting any
          suit, action or proceeding for the purpose of enforcing payment of the principal, premium, if any, or interest on the Securities, or for the execution of any trust or power hereunder;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">power to direct any Holder who, as such, has brought any
          action, suit or proceeding to stay or discontinue or otherwise deal with the same upon payment, if the taking of such suit, action or proceeding shall have been permitted pursuant to the terms of the Indenture, of the costs, charges and expenses
          reasonably and properly incurred by such Holder in connection therewith;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">power to assent to any compromise or arrangement with any
          creditor or creditors or any class or classes of creditors, whether secured or otherwise, and with holders of any equity interests or other securities of the Corporation;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">power to appoint a committee with power and authority
          (subject to such limitations, if any, as may be prescribed in the resolution) to exercise, and to direct the Trustee to exercise, on behalf of the Holders, such of the powers of the Holders as are exercisable by Extraordinary Resolution or other
          resolution as shall be included in the resolution appointing the committee, provided that the following terms shall apply to the appointment of such committee;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">the resolution making such appointment may
          provide for payment of the expenses and disbursements of and compensation to such committee;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">such committee shall consist of such
          number of Persons as shall be prescribed in the resolution appointing it and the members need not be themselves Holders;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">every such committee may elect its
          chairman and may make regulations respecting its quorum, the calling of its meetings, the filling of vacancies occurring in its number and its procedure generally, and such regulations may provide that the committee may act at a meeting at which
          a quorum is present or may act by minutes signed by the number of members thereof necessary to constitute a quorum; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(D)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">all acts of any such committee within the
          authority delegated to it shall be binding upon all Holders;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">55</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160; &#160; &#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">power to remove the Trustee from office and to appoint a new
          Trustee or Trustees provided that no such removal shall be effective unless and until a new Trustee or Trustees shall have become bound by this Indenture;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(9)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">power to sanction the exchange of the Securities for or the
          conversion thereof into shares, units, bonds, notes or other securities or obligations of the Corporation or of any other Person formed or to be formed;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(10)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">power to authorize the distribution in specie of any shares,
          units, bonds, Securities, or other obligations or securities received pursuant to a transaction authorized under the provisions of Section 9.11(9);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(11)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">power to authorize the Corporation and the Trustee to grant
          extensions of time for payment of interest on any of the Securities, whether or not the interest, the payment in respect of which is extended, is at the time due or overdue; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(12)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">power to amend, alter or repeal any Extraordinary Resolution
          previously passed or sanctioned by the Holders or by any committee appointed pursuant to Section 9.11(7).</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise provided in this Indenture, all other powers of and matters to be determined by the Holders may be exercised or determined from time to time by Ordinary
      Resolution.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.12&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Meaning of Ordinary Resolution</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The expression &#8220;<font style="font-weight: bold;">Ordinary Resolution</font>&#8221; when used in this Indenture means, except as otherwise provided in this Indenture, a resolution proposed
      to be passed as an ordinary resolution at a meeting of Holders duly convened for the purpose and held in accordance with the provisions of this Article 9 at which a quorum of the Holders is present and passed by the affirmative votes of Holders
      present or represented by proxy at the meeting who hold more than 50% of the aggregate principal amount of the Securities (or applicable series of Securities, as the case may be) voted in respect of such resolution.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.13&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Meaning of Extraordinary Resolution</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The expression &#8220;<font style="font-weight: bold;">Extraordinary Resolution</font>&#8221; when used in this Indenture means, except as otherwise provided in this Indenture, a resolution
      proposed to be passed as an extraordinary resolution at a meeting of Holders duly convened for the purpose and held in accordance with the provisions of this Article 9 at which the Holders of more than 50% of the aggregate principal amount of the
      Securities then Outstanding (or applicable series of Securities then Outstanding, as the case may be) are present or represented by proxy and passed by the affirmative votes of Holders present or represented by proxy at the meeting who hold not less
      than 66&#8532;% of the aggregate principal amount of the Securities (or applicable series of Securities, as the case may be) voted in respect of such resolution.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">56</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If, at any such meeting, the Holders of more than 50% of the aggregate principal amount of the Securities then Outstanding (or applicable series of Securities then Outstanding, as
      the case may be) are not present or represented by proxy within 30 minutes after the time appointed for the meeting, then the meeting, if convened by or on the requisition of Holders, shall be dissolved, but in any other case the meeting shall stand
      adjourned to such date, being not less than 14 nor more than 60 days later, and to such place or manner of holding such adjourned meeting and time as may be appointed by the chair of the meeting. Notice of the time and place or manner of holding of
      such adjourned meeting shall be given to the Holders in the manner specified in Section 1.6 at least 10 days prior to the date of the adjourned meeting. Such notice shall state that at the adjourned meeting the Holders present or represented by proxy
      shall constitute a quorum, but it shall not be necessary to set forth the purposes for which the meeting was originally called or any other particulars. At the adjourned meeting, the Holders present or represented by proxy shall constitute a quorum
      and may transact the business for which the meeting was originally convened, and a resolution proposed to be passed as an Extraordinary Resolution at such adjourned meeting and passed by the requisite vote as provided in this Section 9.13 shall be an
      Extraordinary Resolution within the meaning of this Indenture, notwithstanding that the Holders of more than 50% of the aggregate principal amount of the Securities then Outstanding (or applicable series of Securities then Outstanding, as the case
      may be) are not present or represented by proxy at such adjourned meeting.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Votes on an Extraordinary Resolution will always be given on a poll and no demand for a poll on an Extraordinary Resolution will be necessary.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.14&#160; &#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Powers Cumulative</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any one or more of the powers in this Indenture stated to be exercisable by the Holders by Extraordinary Resolution or otherwise may be exercised from time to time and the exercise
      of any one or more of such powers from time to time shall not be deemed to exhaust the rights of the Holders to exercise the same or any other such power or powers thereafter from time to time. No powers exercisable by Extraordinary Resolution will
      derogate in any way from the rights of the Corporation pursuant to this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.15&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Minutes</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Minutes of all resolutions and proceedings at every meeting as aforesaid shall be made and duly entered in books to be from time to time provided for that purpose by the Trustee at
      the expense of the Corporation, and any such minutes as aforesaid, if signed by the chairman of the meeting at which such resolutions were passed or proceedings had, or by the chairman of the next succeeding meeting of the Holders, shall be prima
      facie evidence of the matters therein stated and, until the contrary is proved, every such meeting, in respect of the proceedings of which minutes shall have been made, shall be deemed to have been duly held and convened, and all resolutions passed
      thereat or proceedings taken thereat to have been duly passed and taken.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.16&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Instruments in Writing</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any action which may be taken and any power which may be exercised by the Holders at a meeting held as provided in this Article 9 may also be taken and exercised by the Holders of
      not less than 50% of the aggregate principal amount of the Outstanding Securities by a signed instrument in writing, except for matters required to be approved by Extraordinary Resolution in which case such matter may be approved by an instrument in
      writing signed by 66&#8532;% of the aggregate principal amount of Outstanding Securities, and the expressions &#8220;resolution&#8221;, &#8220;Ordinary Resolution&#8221; or &#8220;Extraordinary Resolution&#8221; when used in this Indenture will include instruments so signed. Notice of any
      resolution or Extraordinary Resolution passed in accordance with this Section 9.14 shall be given by the Trustee to the Holders within 30 days of the date on which such resolution or Extraordinary Resolution was passed.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">57</font></div>
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    <div style="text-align: justify; font-size: 10pt;">9.17&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Binding Effect of Resolutions</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Every resolution, Ordinary Resolution and Extraordinary Resolution passed in accordance with the provisions of this Article 9 at a meeting of Holders shall be binding upon all the
      Holders, whether present at or absent from such meeting, and every instrument in writing signed by Holders in accordance with Section 9.14 shall be binding upon all the Holders, whether signatories thereto or not, and each and every Holder and the
      Trustee (subject to the provisions for its indemnity herein contained) shall, subject to Applicable Law, be bound to give effect accordingly to every such resolution, Ordinary Resolution, Extraordinary Resolution and instrument in writing.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">9.18&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Serial Meetings</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">If any business to be transacted at a meeting of Holders, or
          any action to be taken or power to be exercised by instrument in writing under Section 9.16, specifically affects the rights of the Holders of one or more series in a manner or to an extent substantially differing from that in or to which it
          affects the rights of the Holders of any other series then:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">reference to such fact, indicating each
          series so specifically affected, shall be made in the notice of such meeting and the meeting shall be and is herein called a &#8220;<font style="font-weight: bold;">Serial Meeting</font>&#8221;;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the holders of Securities of a series so
          specifically affected shall not be bound by any action taken at a Serial Meeting or by instrument in writing under Section 9.16 unless in addition to compliance with the other provisions of this Article 9:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(i)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">at such Serial Meeting:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
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        <tr>
          <td style="width: 90pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0);">(i)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: rgb(0, 0, 0);">there are present or represented by proxy Holders of at least 25% (or for the purpose of passing an Extraordinary Resolution, Holders of at least 50%) of the aggregate Outstanding principal amount of the
              Securities of such series, subject to the provisions of this Article 9 as to quorum at adjourned meetings;</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zf9bacd1e6d454b70aa6e556a6ef42969" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 90pt;">&#160;</td>
          <td style="width: 18pt; vertical-align: top; color: rgb(0, 0, 0);">(ii)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: rgb(0, 0, 0);">the resolution is passed by the affirmative votes of the holders of a majority (or in the case of an Extraordinary Resolution not less than 66&#8532;%) of the aggregate Outstanding principal amount of Securities of
              such series on the resolution;</div>
          </td>
        </tr>

    </table>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(ii)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">in the case of action taken or power
          exercised by instrument in writing under Section 9.16, such instrument is signed in one or more counterparts by the Holders of a majority (or in the case of an Extraordinary Resolution, at least 66&#8532;%) of the aggregate principal amount of the
          Outstanding Securities of such series;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">58</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    <div style="text-align: justify; text-indent: 36pt; color: rgb(0, 0, 0); font-size: 10pt;">provided, however, that, notwithstanding the foregoing and Section 9.18(3), if any business to be transacted at a meeting of Holders or any action to be taken or
      power exercised by instrument in writing under Section 9.16 affects the rights of the Holders of Securities of two or more series in substantially the same manner or substantially to the same extent, as determined by the Trustee, acting reasonably,
      and confirmed by the Opinion of Counsel, then such two or more series shall be deemed to be and treated as one series for the purposes of this Section 9.18 only.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">If in the Opinion of Counsel any business to be transacted at
          any meeting, or any action to be taken or power to be exercised by instrument in writing under Section 9.16, does not adversely affect the rights of the Holders of Securities of one or more particular series, the provisions of this Article 9
          shall apply as if the Securities of such series were not Outstanding and no notice of any such meeting need be given to the Holders of Securities of such series. Without limiting the generality of the foregoing, a proposal to modify or terminate
          any covenant or agreement which is effective only so long as Securities of a particular series are Outstanding shall be deemed not to adversely affect the rights of Holders of Securities of any other series.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160; &#160; &#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">A proposal:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to extend the Maturity of Securities of any
          particular series or to reduce the principal amount thereof, the rate of interest or redemption premium thereon or to impair any conversion right thereof;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to modify or terminate any covenant or
          agreement which by its terms is effective only so long as Securities of a particular series are Outstanding; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">to reduce with respect to Holders of any
          particular series any percentage or fractional requirement stated in Section 9.4, 9.7, 9.16 or in this Section 9.18 or in the definition of Extraordinary Resolution;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; color: rgb(0, 0, 0); font-size: 10pt;">shall be deemed to specifically affect the rights of the Holders of such series in a manner substantially differing from that in which it affects the rights of
      holders of Securities of any other series.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 10</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">SUPPLEMENTAL INDENTURES</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">10.1&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Supplemental Indentures.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">At any time and from time to time the Corporation and the Trustee may without the consent of any Holders, and they shall when required by this Indenture, enter into one or more
      indentures supplemental hereto, in form reasonably satisfactory to the Trustee for any of the following purposes:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">59</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160; &#160;&#160; &#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to evidence the succession of another Person to the
          Corporation and the assumption by any such successor of the covenants of the Corporation herein and in the Securities in accordance with the provisions of this Indenture;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to add to or amend the covenants of the Corporation or any
          other obligor for the benefit of the Holders of all or any series of Securities, and if such covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the
          benefit of such series, or to surrender any right or power herein conferred upon the Corporation;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to add any additional Events of Default for the benefit of
          the Holders of all or any series of Securities, and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are expressly being included solely for the
          benefit of such series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">to add to or change any of the provisions of this Indenture
          to such extent as shall be necessary to permit or facilitate the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to facilitate the issuance of Securities in
          uncertificated form;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to add to, change or eliminate any of the provisions of this
          Indenture in respect of one or more series of Securities; provided that any such addition, change or elimination:&#160; (A) shall neither (i) apply to any Security of any series created prior to the execution of such supplemental indenture and
          entitled to the benefit of such provision nor (ii) modify the rights of the Holder of any such Security with respect to such provision; and (B) shall become effective only when there is no such Security Outstanding;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to secure the Securities of any series or add guarantees
          with respect to the Securities of any series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to establish the form or terms of Securities of any series
          as permitted by Sections 2.1 and 3.1;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to evidence and provide for the acceptance of appointment
          hereunder by a successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by
          multiple Trustees pursuant to the requirements of Section 6.11 or the removal of one or more of the Trustees pursuant to Section 6.10;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(9)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to cure any ambiguity, to correct or supplement any
          provision herein which may be defective or inconsistent with any other provision herein, or to make any other provisions with respect to matters or questions arising under this Indenture; provided that such action pursuant to this clause (9)
          shall not adversely affect the interests of Holders of Securities of any series in any material respect;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(10)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">giving effect to any Extraordinary Resolution or Ordinary
          Resolution;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">60</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(11)</font><font style="font-size: 10pt;"> &#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">to conform the text of this Indenture or the terms of the
          Securities of any series to any corresponding provision of the prospectus, prospectus supplement, offering memorandum, offering circular, term sheet or other document pursuant to which such Securities were offered and setting forth the final
          terms of such Securities; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(12)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">to make any other change that does not adversely affect the
          interests of Holders of Securities of any series in any material respect.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">10.2&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Execution of Supplemental Indentures.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article 10 or the modifications thereby of the trusts created by this
      Indenture, the Trustee shall be entitled to receive, and, subject to Section 6.1, shall be fully protected in acting and relying upon, in addition to the documents required by Section 1.2, an Opinion of Counsel and an Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate each stating that the execution of such supplemental indenture is authorized or permitted by this Indenture.&#160; The Trustee may, but shall not be obligated to, enter into any such supplemental indenture which
      affects the Trustee<font style="color: rgb(0, 0, 0);">&#8217;</font>s own rights, powers, protections, indemnities, duties or immunities under this Indenture or otherwise.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">10.3&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Effect of Supplemental Indentures</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Upon the execution of any supplemental indenture under this Article 10, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of
      this Indenture for all purposes, and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. Any such supplemental indenture may contain terms which add to, modify or negate any of the terms
      contained in this Indenture, and to the extent that there is any difference between the terms of this Indenture and the terms contained in a supplemental indenture, the terms contained in the supplemental indenture shall be applicable to the
      Securities to which such supplemental indenture relates and the corresponding terms contained in this Indenture shall not be applicable unless otherwise indicated in such supplemental indenture.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">10.4&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Conformity with </u><u>Trust Indenture Legislation.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Every supplemental indenture executed pursuant to this Article 10 shall conform to the requirements of the Trust Indenture Legislation.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">10.5&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Reference in Securities to Supplemental Indentures.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article 10 may, and shall if required by the Trustee, bear a
      notation in form approved by the Trustee as to any matter provided for in such supplemental indenture.&#160; Alternatively, the Corporation may, at its option, prepare and execute new Securities of any series authenticated and delivered after the
      execution of any supplemental indenture with such modifications as are necessary to conform, in the opinion of the Trustee, to any matter provided for in such supplemental indenture, and such new Securities shall be authenticated and delivered by the
      Trustee in exchange for the Outstanding Securities of such series.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">61</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 11</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">COVENANTS</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">11.1&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Payment of Principal, Premium, Additional Amounts and Interest.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of, and any premium, Additional Amounts and
      interest on, the Securities of that series in accordance with the terms of the Securities and this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">11.2&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Payment of Taxes</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">Except as otherwise specified as contemplated by Section 3.1
          for Securities of any series, all payments that the Corporation makes under or with respect to the Securities of any series will be made free and clear of and without withholding or deduction for or on account of any present or future tax, duty,
          levy, impost, assessment or other governmental charges, including penalties, interest and other similar liabilities related thereto, of whatever nature (collectively, &#8220;<font style="font-weight: bold;">Taxes</font>&#8221;) imposed or levied by or on
          behalf of Canada or any other jurisdiction in which the Corporation is incorporated, organized or otherwise resident or engaged in or carrying on business for tax purposes or from or through which the Corporation makes any payment on the
          Securities of such series, or by any political subdivision or taxing authority or agency thereof or therein (each, a &#8220;<font style="font-weight: bold;">Relevant Taxing Jurisdiction</font>&#8221;), unless withholding or deduction is then required by
          law.&#160; If the Corporation or any other applicable withholding agent is required to withhold or deduct any amount for or on account of Taxes of a Relevant Taxing Jurisdiction from any payment made under or with respect to the Securities of any
          series, the Corporation will pay to each Holder of such Securities as additional interest such additional amounts (&#8220;<font style="font-weight: bold;">Additional Amounts</font>&#8221;) as may be necessary to ensure that the net amount received by each
          Holder or beneficial owner of the Securities of such series after such withholding or deduction, including any withholding or deduction attributable to the Additional Amounts, will be not less than the amount the Holder or beneficial owner would
          have received if such Taxes had not been required to be withheld or deducted. However, no Additional Amounts will be payable in respect or on account of:</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(A)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">any Taxes that would not have been imposed
          or levied but for a present or former connection, including citizenship, nationality, residence, domicile, incorporation, or existence of a business, a permanent establishment, a dependent agent, a place of business or a place of management
          present or deemed present within such Relevant Taxing Jurisdiction, between such Holder or beneficial owner, or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of power over, such Holder or beneficial owner, if
          such Holder or beneficial owner is an estate, trust, partnership, limited liability company or corporation, and the Relevant Taxing Jurisdiction, other than any connection arising solely from the acquisition, ownership or disposition of the
          Securities of any series, the receipt of payments under or with respect to the Securities of any series, or the exercise or enforcement of rights under or with respect to the Securities of any series or this Indenture;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">62</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(B)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any Taxes that are imposed or withheld by
          reason of the failure of the Holder or beneficial owner of Securities of any series, following the Corporation&#8217;s reasonable written request addressed to the Holder, and made at a time that would enable the Holder or beneficial owner acting
          reasonably to comply with that request, and in all events at least 30 calendar days before the relevant date on which payment under or with respect to the Securities of such series is due and payable, to comply with any certification or
          identification requirements, whether required or imposed by statute, regulation or administrative practice of a Relevant Taxing Jurisdiction, as a precondition to exemption from, or reduction in the rate of deduction or withholding of, Taxes
          imposed by the Relevant Taxing Jurisdiction, including a certification that the Holder or beneficial owner is not resident in the Relevant Taxing Jurisdiction, but, in each case, only to the extent that the Holder or beneficial owner, as the case
          may be, is legally eligible to provide such certification;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(C)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">any estate, inheritance, gift, sales,
          transfer, personal property or similar Taxes;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(D)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any Tax which is payable otherwise than
          by deduction or withholding by the Corporation from payments made under or with respect to the Securities of any series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(E)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any Canadian withholding Taxes paid or
          payable by reason of (i) the Holder, beneficial owner or other recipient of the amount not dealing at arm&#8217;s length with the Corporation for the purposes of the <font style="font-style: italic;">Income Tax Act</font> (Canada), or (ii) the Holder
          or beneficial owner being, or not dealing at arm&#8217;s length with, a &#8220;specified shareholder&#8221; of the Corporation for the purposes of subsection 18(5) of the <font style="font-style: italic;">Income Tax Act</font> (Canada);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(F)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">any Tax imposed on or with respect to any
          payment by the Corporation to the Holder if such Holder is a fiduciary or partnership or person other than the sole beneficial owner of such payment to the extent that Taxes would not have been imposed on such payment had the beneficiary, partner
          or other beneficial owner directly held the Securities of any series;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(G)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">any Tax that is imposed or levied by
          reason of the presentation, where presentation is required in order to receive payment, of the Securities of a series for payment on a date more than 30 days after the date on which such payment became due and payable or the date on which payment
          thereof is duly provided for, whichever is later, except to the extent that the beneficial owner or Holder thereof would have been entitled to Additional Amounts had the Securities been presented for payment on any date during such 30 day period;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(H)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any Tax that is imposed or levied on or
          with respect to a Security of a series presented for payment on behalf of a Holder or beneficial owner who would have been able to avoid such withholding or deduction by presenting the relevant Security of such series to another paying agent;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(I)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any Taxes to the extent such Taxes are
          directly attributable to the failure of the Holder or beneficial owner to qualify for an exemption from U.S. federal withholding tax with respect to payments of interest pursuant to an applicable income tax treaty to which the United States is a
          party or pursuant to the &#8220;portfolio interest&#8221; exemption as defined in Section 871(h) or 881(c), as applicable, of the Internal Revenue Code, in each case, as such treaty or section was in effect on the issuance date (determined without regard to
          the requirement that such holder or beneficial owner provide the applicable Internal Revenue Service Form W-8);</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">63</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(J)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">any Taxes imposed pursuant to Sections
          1471 through 1474 of the Internal Revenue Code as of the issuance date (and any amended or successor version that is substantially comparable), any regulations or other official guidance thereunder or agreements (including any intergovernmental
          agreements or any laws, rules or practices implementing such intergovernmental agreements) entered into in connection therewith;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(K)</font><font style="font-size: 10pt;">&#160;&#160; &#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any Tax required to be deducted or
          withheld from any fee, commission or other amount paid to a non-resident of Canada (within the meaning of the <font style="font-style: italic;">Income Tax Act</font> (Canada)) in respect of services rendered in Canada of any nature whatever; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(L)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">any Taxes that are imposed in respect of
          any combination of clauses (A) through (K) above.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">Notwithstanding clause (D) above, where Tax is payable
          pursuant to Section 803 of the Regulations under the <font style="font-style: italic;">Income Tax Act</font> (Canada) by a Holder or beneficial owner of the Securities in respect of any amount payable under the Securities to the Holder, other
          than by reason of a transfer of the Securities to a person resident in Canada for the purposes of the <font style="font-style: italic;">Income Tax Act</font> (Canada), but no Additional Amount is paid in respect of such Tax (excluding any
          penalties or interest relating thereto), the Corporation will pay to such Holder an amount equal to such Tax within 45 days after receiving from the Holder a notice containing reasonable particulars of the Tax so payable; provided, that such
          Holder or beneficial owner would have been entitled to receive Additional Amounts on account of such Tax but for the fact that it is payable otherwise than by deduction or withholding from payments made under or with respect to the Securities.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">Notwithstanding any other provision hereof, the Corporation,
          if the Corporation is an applicable withholding agent, or is otherwise required to withhold amounts under Applicable Law, will (A) make such withholding or deduction required by Applicable Law and (B) remit the full amount deducted or withheld to
          the relevant taxing authority in accordance with Applicable Law.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">At least 30 calendar days prior to each date on which any
          payment under or with respect to the Securities of any series is due and payable, if the Corporation will be obligated to pay Additional Amounts with respect to such payment, unless such obligation to pay Additional Amounts arises after the 30th
          day prior to the date on which payment under or with respect to the Securities of such series is due and payable, in which case it will be promptly thereafter, the Corporation will deliver to the Trustee an Officer&#8217;s Certificate stating that such
          Additional Amounts will be payable and the amounts so payable and will set forth such other information, other than the identities of Holders and beneficial owners, necessary to enable the Trustee or Paying Agent to pay such Additional Amounts to
          Holders and beneficial owners (net of applicable withholding tax) on the relevant payment date.&#160; The Trustee will make such payments in the same manner as any other payments on the Securities of such series.&#160; The Corporation will provide the
          Trustee with documentation reasonably satisfactory to the Trustee evidencing payment of such Additional Amounts.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">64</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The Corporation will take reasonable efforts to furnish to
          the Trustee or a Holder within a reasonable time certified copies of tax receipts or other evidence of the payment by the Corporation of any Taxes imposed or levied by a Relevant Taxing Jurisdiction.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">The Corporation will pay any present or future stamp, issue,
          registration, court documentation, excise or property taxes or other similar taxes, charges and duties, including interest, additions to tax and penalties with respect thereto, imposed by any Relevant Taxing Jurisdiction in respect of the receipt
          of any payment under or with respect to the Securities of any series, the execution, issue, delivery or registration of the Securities of such series or this Indenture or any other document or instrument referred to thereunder and any such taxes,
          charges, duties or similar levies imposed by any jurisdiction as a result of, or in connection with, the enforcement of the Securities of such series or this Indenture or any such other document or instrument following the occurrence of any Event
          of Default with respect to the Securities of such series.&#160; The Corporation will not, however, pay such amounts that are imposed on or result from a sale or other transfer or disposition by a Holder or beneficial owner of a Security.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">The preceding provisions will survive any termination,
          defeasance or discharge of this Indenture and shall apply <font style="font-style: italic;">mutatis mutandis</font> to any jurisdiction in which any successor person to the Corporation is organized, incorporated or otherwise resident or engaged
          in or carrying on business for tax purposes and any political subdivision or taxing authority or agency thereof or therein.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div style="text-align: justify; font-size: 10pt;">11.3&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Maintenance of Office or Agency.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment,
      where Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Corporation in respect of the Securities of that series and this Indenture may be served.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency.&#160; If at any time the Corporation shall fail
      to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Corporation
      hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for any or all
      such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Corporation of its obligation to maintain an office or agency in each Place of Payment for
      Securities of any series for such purposes.&#160; The Corporation will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">65</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">11.4&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Money for Securities Payments to Be Held in Trust.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If the Corporation shall at any time act as its own Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of, or any premium,
      Additional Amounts or interest on, any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal and any premium, Additional Amounts and interest so becoming
      due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Whenever the Corporation shall have appointed one or more Paying Agents for any series of Securities, it will, on or prior to each due date of the principal of, or any premium,
      Additional Amounts or interest on, any Securities of that series, deposit with a Paying Agent a sum sufficient to pay such amount (less any applicable withholding tax), such sum to be held as provided by the Trust Indenture Legislation, and unless
      such Paying Agent is the Trustee, the Corporation will promptly notify the Trustee of its action or failure so to act.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall
      agree with the Trustee, subject to the provisions of this Section 11.4, that such Paying Agent will:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">comply with the provisions of the Trust Indenture
          Legislation applicable to it as a Paying Agent; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">during the continuance of any default by the Corporation or
          any other obligor upon the Securities of that series in the making of any payment in respect of the Securities of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent for
          payment in respect of the Securities of that series.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying
      Agent to pay, to the Trustee all sums held in trust hereunder by the Corporation or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Corporation or such Paying Agent, and, upon
      such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless otherwise specified pursuant to Section 3.1 in respect of the Securities of any series, any money deposited with the Trustee or any Paying Agent, or then held by the
      Corporation, in trust for the payment of the principal of, or any premium, Additional Amounts or interest on, any Security of any series and remaining unclaimed for two years after such principal, premium, Additional Amounts or interest has become
      due and payable shall be paid to the Corporation, on Company Request, or, if then held by the Corporation, shall be discharged from such trust, and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the
      Corporation for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Corporation, as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such
      Paying Agent, before being required to make any such repayment, may at the expense of the Corporation cause to be published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation
      in the City of Toronto, Ontario, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will be
      repaid to the Corporation.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">66</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">11.5&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Statement by Officers as to Default.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation will deliver to the Trustee, within 120 days after the end of each calendar year or on or before such other day in each calendar year as the Corporation and the
      Trustee may from time to time agree upon, an Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate, stating whether or not to the best knowledge of the signers thereof the Corporation is in default in the performance and observance of any
      of the terms, provisions and conditions of this Indenture, without regard to any period of grace or requirement of notice provided hereunder, and, if the Corporation shall be in default, specifying all such defaults and the nature and status thereof
      of which it may have knowledge.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">11.6&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Company Existence.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to Article 8, the Corporation will do or cause to be done all things necessary to preserve and keep in full force and effect its existence (corporate or other) and the rights
      (charter and statutory) and franchises of the Corporation; provided, however, that the Corporation shall not be required to preserve any such right or franchise if the Corporation shall determine that the preservation thereof is no longer desirable
      in the conduct of the business of the Corporation and its subsidiaries, taken as a whole.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">11.7&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Waiver of Certain Covenants.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, the Corporation may, with respect to the Securities of any series, omit in any particular
      instance to comply with any term, provision or condition set forth in any covenant provided pursuant to Sections 3.1(22), 10.1(2) or 10.1(7) for the benefit of the Holders of such series if before the time for such compliance the Holders of the
      Outstanding Securities of such series shall, by Ordinary Resolution, either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect such term, provision
      or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Corporation and the duties of the Trustee in respect of any such term, provision or condition shall remain in full force and
      effect.&#160; The Corporation will promptly notify the Trustee in writing of any such waiver or the revocation of any such waiver.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 12</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">REDEMPTION OF SECURITIES</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">12.1&#160;&#160;&#160;&#160;&#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Applicability of Article.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless, pursuant to Section 3.1, provision is made that Sections 12.2 through 12.6 shall apply to the Securities of the applicable series, then Sections 12.2 through 12.6 shall not
      apply to the Securities of such series.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">67</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">12.2&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Election to Redeem; Notice to Trustee</u>.</font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The election of the Corporation to redeem any Securities shall be evidenced by an Officer&#8217;s Certificate or in another manner specified as contemplated by Section 3.1 for such
      Securities.&#160; In case of any redemption at the election of the Corporation, the Corporation shall, at least 45 days prior to the Redemption Date fixed by the Corporation, unless a shorter notice shall be reasonably satisfactory to the Trustee, notify
      the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed.&#160; In the case of any redemption of Securities (i) prior to the expiration of
      any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (ii) pursuant to an election of the Corporation which is subject to a condition specified in the terms of such Securities or elsewhere in
      this Indenture, the Corporation shall furnish the Trustee with an Officer<font style="color: rgb(0, 0, 0);">&#8217;</font>s Certificate evidencing compliance with each such restriction or condition.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">12.3&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Selection by Trustee of Securities to Be Redeemed.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If less than all the Securities of any series are to be redeemed, the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the
      Trustee, from the Outstanding Securities of such series not previously called for redemption, in accordance with the Applicable Procedures of the Depository in the case of Global Securities, or, if the Securities are not represented by Global
      Securities, by such method as the Trustee shall deem fair and appropriate; provided that the unredeemed portion of the principal amount of any Security shall be in an Authorized Denomination, which shall not be less than the Minimum Authorized
      Denomination, for such Security.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Trustee shall promptly notify the Corporation in writing of the Securities selected for redemption as aforesaid and, in the case of any Securities selected for partial redemption
      as aforesaid, the principal amount thereof to be redeemed.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The provisions of the two preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security is to be redeemed in whole or in
      part.&#160; In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an Authorized Denomination, which shall not be less than the Minimum Authorized Denomination, for such Security.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Securities
      redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">12.4&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Notice of Redemption.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, notice of redemption shall be delivered not less than 30 nor more than 60 days prior to the
      Redemption Date, to each Holder of Securities to be redeemed, at the address appearing in the Register.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">68</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">All notices of redemption shall state:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the Redemption Date;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the Redemption Price or, if not then ascertainable, the
          manner of calculation thereof;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">if less than all the Outstanding Securities of any series
          and of a specified tenor consisting of more than a single Security are to be redeemed, the identification, and, in the case of partial redemption of any such Securities, the principal amounts, of the particular Securities to be redeemed and, if
          less than all the Outstanding Securities of any series and of a specified tenor consisting of a single Security are to be redeemed, the principal amount of the particular Security to be redeemed;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">if the redemption is conditional upon the occurrence of any
          event(s) or circumstances, the details and terms of any such conditions precedent (e.g., a financing, asset disposition or other transaction);</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">that on the Redemption Date the Redemption Price, together
          with accrued interest, if any, to the Redemption Date, will become due and payable upon each such Security to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the place or places where each such Security is to be
          surrendered for payment of the Redemption Price and accrued interest, if any, unless it shall have been specified as contemplated by Section 3.1 with respect to such Securities that such surrender shall not be required;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(7)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">the &#8220;CUSIP&#8221; number or &#8220;ISIN&#8221;, if any, printed on the
          Securities being redeemed; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(8)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">such other matters as the Corporation shall deem desirable
          or appropriate.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless otherwise specified with respect to any Securities in accordance with Section 3.1, with respect to any redemption of Securities at the election of the Corporation, unless,
      upon the giving of notice of such redemption, Defeasance shall have been effected with respect to such Securities pursuant to Section 13.2, such notice may state that such redemption shall be conditional upon the receipt by the Trustee or the Paying
      Agent(s) for such Securities, on or prior to the date fixed for such redemption, of money sufficient to pay the principal of, and any premium, Additional Amounts and interest on, such Securities and that if such money shall not have been so received
      such notice shall be of no force or effect and the Corporation shall not be required to redeem such Securities.&#160; In the event that such notice of redemption contains such a condition and such money is not so received, the redemption shall not be made
      and within a reasonable time thereafter notice shall be given, in the manner in which the notice of redemption was given, that such money was not so received and such redemption was not required to be made, and the Trustee or Paying Agent(s) for the
      Securities otherwise to have been redeemed shall promptly return to the Holders thereof any of such Securities which had been surrendered for payment upon such redemption.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notice of redemption of Securities to be redeemed at the election of the Corporation, and any notice of non-satisfaction of redemption as aforesaid, shall be given by the Corporation
      or, at the Corporation<font style="color: rgb(0, 0, 0);">&#8217;</font>s request, by the Trustee in the name and at the expense of the Corporation.&#160; Subject to the preceding paragraph, any such notice of redemption shall be irrevocable.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">69</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; font-size: 10pt;">12.5&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Securities Payable on Redemption Date.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notice of redemption having been given as aforesaid, and the conditions, if any, set forth in such notice having been satisfied, the Securities or portions thereof so to be redeemed
      shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date, unless, in the case of an unconditional notice of redemption, the Corporation shall default in the payment of the
      Redemption Price and accrued interest, if any, such Securities or portions thereof, if interest-bearing, shall cease to bear interest.&#160; Upon surrender of any such Security for redemption in accordance with said notice, such Security or portion
      thereof shall be paid by the Corporation at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that no such surrender shall be a condition to such payment if so specified as contemplated by
      Section 3.1 with respect to such Security, and provided further that, unless otherwise specified as contemplated by Section 3.1, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of
      such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3.8.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium and Additional Amounts shall, until paid, bear
      interest from the Redemption Date at the rate prescribed therefor in the Security.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">12.6&#160;&#160; &#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Securities Redeemed in Part.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor, with, if the Corporation or the Trustee so require, due endorsement by, or a
      written instrument of transfer in form satisfactory to the Corporation and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing, and the Corporation shall execute, and the Trustee or the Authenticating Agent
      shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal
      to and in exchange for the unredeemed portion of the principal of the Security so surrendered.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">12.7&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Tax Redemption.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Except as otherwise specified as contemplated by Section 3.1 for Securities of any series, the Corporation may, at its option, redeem the Securities of any series, in whole but not
      in part, at any time upon not less than 30 days<font style="color: rgb(0, 0, 0);">&#8217;</font> nor more than 60 days<font style="color: rgb(0, 0, 0);">&#8217;</font> written notice to the Holders, which notice shall be given in accordance with Section 12.4, at
      a Redemption Price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon to the date fixed for redemption (a <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Tax
        Redemption Date</font><font style="color: rgb(0, 0, 0);">&#8221;</font>), premium, if any, and all Additional Amounts, if any, then due and which will become due on the Tax Redemption Date as a result of the redemption, if the Corporation determines that
      the Corporation is, or on the next date on which any amount would be payable in respect of the Securities of such series, would be obligated to pay Additional Amounts in respect of the Securities of such series pursuant to the terms and conditions
      thereof, which the Corporation cannot avoid by the use of commercially reasonable measures available to it as a result of:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">70</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any change in, or amendment to, the laws or any regulations,
          treaties or rulings promulgated thereunder of any Relevant Taxing Jurisdiction which becomes effective on or after the issuance date or, in the case of a Relevant Taxing Jurisdiction that did not become a Relevant Taxing Jurisdiction until after
          the issuance date, the date on which such Relevant Taxing Jurisdiction became a Relevant Taxing Jurisdiction under this Indenture; or</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">any change in, or amendment to, the official application,
          administration, or interpretation of the laws, regulations, treaties or rulings of any Relevant Taxing Jurisdiction, including, without limitation, by virtue of a holding, judgment, or order by a court of competent jurisdiction or published
          practice or revenue or administrative guidance or determination, on or after the issuance date or, in the case of a Relevant Taxing Jurisdiction that did not become a Relevant Taxing Jurisdiction until after the issuance date, the date on which
          such Relevant Taxing Jurisdiction became a Relevant Taxing Jurisdiction under this Indenture (each of the foregoing clauses (1) and (2), a &#8220;<font style="font-weight: bold;">Change in Tax Law</font>&#8221;), provided that the Corporation will also
          deliver to the Trustee an Opinion of Counsel stating that the Corporation would be obligated to pay Additional Amounts as a result of a Change in Tax<font style="font-style: italic;">&#160;</font>Law.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">This Section 12.7 shall apply <font style="font-style: italic; color: rgb(0, 0, 0);">mutatis mutandis</font> to any successor Person, after such successor Person becomes a party to
      this Indenture, with respect to a Change in Tax Law occurring after the time such successor Person becomes a party to this Indenture.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 13</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">DEFEASANCE AND COVENANT DEFEASANCE</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">13.1&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Applicability of Article.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Unless, pursuant to Section 3.1, provision is made that either or both of (i) defeasance of any Securities or any series of Securities under Section 13.2 and (ii) covenant defeasance
      of any Securities or any series of Securities under Section 13.3 shall not apply to such Securities of a series, then the provisions of either or both of Sections 13.2 and Section 13.3, as the case may be, together with Sections 13.4 and 13.5, shall
      be applicable to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article 13.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">13.2&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Defeasance and Discharge</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation may cause itself to be discharged from its obligations with respect to any Securities or any series of Securities on and after the date the conditions set forth in
      Section 13.4 are satisfied (hereinafter called <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Defeasance</font><font style="color: rgb(0, 0, 0);">&#8221;</font>).&#160; For this purpose, such Defeasance means
      that the Corporation shall be deemed to have paid and discharged the entire indebtedness represented by such Securities and to have satisfied all its other obligations under such Securities and this Indenture insofar as such Securities are concerned,
      and the Trustee, at the expense of the Corporation, shall execute proper instruments acknowledging the same, subject to the following which shall survive until otherwise terminated or discharged hereunder:</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">71</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the rights of Holders of such Securities to receive, solely
          from the trust fund described in Section 13.4 and as more fully set forth in Section 13.4, payments in respect of the principal of, and any premium, Additional Amounts and interest on, such Securities when payments are due;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="color: rgb(0, 0, 0);">the Corporation&#8217;s obligations with respect to such Securities
          under Sections 3.5, 3.6, 11.2, 11.3 and 11.4 and with respect to the Trustee under Section 6.7;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">the rights, powers, protections, indemnities, trusts,
          duties and immunities of the Trustee hereunder; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">this Article 13.</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to compliance with this Article 13, Defeasance with respect to any Securities or any series of Securities is permitted under this Section 13.2 notwithstanding the prior
      exercise by the Corporation of its rights under Section 13.3 with respect to such Securities.&#160; Following a Defeasance, payment of such Securities may not be accelerated because of an Event of Default.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; font-size: 10pt;">13.3&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Covenant Defeasance</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation may cause itself to be released from its obligations under any covenants provided pursuant to Sections 3.1(22), 10.1(2) or 10.1(7) with respect to any Securities or
      any series of Securities for the benefit of the Holders of such Securities and the occurrence of any event specified in Section 5.1(3) (with respect to any such covenants provided pursuant to Section 3.1(22), 10.1(2) or 10.1(7) shall be deemed not to
      be or result in an Event of Default with respect to such Securities as provided in this Section 13.3, in each case, on and after the date the conditions set forth in Section 13.4 are satisfied (hereinafter called <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Covenant Defeasance</font><font style="color: rgb(0, 0, 0);">&#8221;</font>).&#160; For this purpose, such Covenant Defeasance means that, with respect to such Securities, the Corporation may omit to comply with
      and shall have no liability in respect of any term, condition or limitation set forth in any such specified Section, to the extent so specified in the case of Section 5.1(3), whether directly or indirectly by reason of any reference elsewhere herein
      to any such Section or by reason of any reference in any such Section to any other provision herein or in any other document, but the remainder of this Indenture and such Securities shall be unaffected thereby.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">13.4&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Conditions to Defeasance or Covenant Defeasance.</u></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The following shall each be a condition precedent to the application of Section 13.2 or Section 13.3 to any Securities or any series of Securities, as the case may be:</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(1)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);">the Corporation shall have irrevocably deposited or caused
          to be deposited with the Trustee as trust funds in trust for the purpose of making the following payments, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities:&#160; (A) money in an amount, or
          (B) Government Obligations which through the scheduled payment of principal and interest in respect thereof in accordance with their terms will provide, not later than the due date of any payment, money in an amount, or (C) a combination thereof,
          sufficient, in the case of (B) or (C), in the opinion of a nationally recognized firm of independent chartered accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge, and which shall be applied by
          the Trustee to pay and discharge, the principal of, and any premium, Additional Amounts and interest on, such Securities on the applicable Stated Maturities or on any Redemption Date established pursuant to Section 13.4(3) below, in accordance
          with the terms of this Indenture and such Securities;</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">72</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
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    </div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(2)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">no event which is, or after notice or lapse of time or both
          would become, an Event of Default with respect to such Securities or any other Securities shall have occurred and be continuing at the time of such deposit or, with regard to any such event specified in Sections 5.1(4) and 5.1(5), at any time on
          or prior to the 90th day after the date of such deposit, it being understood that this condition shall not be deemed satisfied until after such 90th day;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(3)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160; &#160; <font style="color: rgb(0, 0, 0);">if the Securities are to be redeemed prior to the applicable
          Stated Maturity, other than from mandatory sinking fund payments or analogous payments, notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(4)</font><font style="font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);">in the case of Defeasance, the Corporation shall have
          delivered to the Trustee an Opinion of Counsel confirming that, subject to customary assumptions and exclusions, (i) the Corporation has received from, or there has been published by, the Canada Revenue Agency a ruling or (ii) since the date of
          this Indenture, there has been a change in the applicable Canadian federal or provincial (and/or any other jurisdiction specified for such purpose in the related supplemental indenture for a series) income tax law, in either case to the effect
          that and based thereon such Opinion of Counsel shall confirm that, the Holders and beneficial owners of such Securities will not recognize income, gain or loss for Canadian federal or provincial (and/or any other jurisdiction specified for such
          purpose in the related supplemental indenture for a series) income tax purposes as a result of such Defeasance and will be subject to Canadian federal and provincial (and/or any other jurisdiction specified for such purpose in the related
          supplemental indenture for the series) income tax on the same amounts, in the same manner and at the same times as would have been the case if such Defeasance had not occurred;</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(5)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">in the case of Covenant Defeasance, the Corporation shall
          have delivered to the Trustee an Opinion of Counsel confirming that, subject to customary assumptions and exclusions, the Holders and beneficial owners of such Securities will not recognize income, gain or loss for Canadian federal or provincial
          (and/or any other jurisdiction specified for such purpose in the related supplemental indenture for the series) income tax purposes as a result of such Covenant Defeasance and will be subject to Canadian federal or provincial (and/or any other
          jurisdiction specified for such purpose in the related supplemental indenture for the series) income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; and</font></font></div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt;"><font style="color: rgb(0, 0, 0); font-size: 10pt;">(6)</font><font style="font-size: 10pt;">&#160;&#160;&#160;&#160; &#160;&#160;&#160; <font style="color: rgb(0, 0, 0);">the Corporation shall have delivered to the Trustee an
          Officer&#8217;s Certificate and an Opinion of Counsel, each stating that all conditions precedent with respect to such Defeasance or Covenant Defeasance have been complied with.</font></font></div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;"><font style="color: rgb(0, 0, 0);"> <br>
      </font></div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: justify; font-size: 10pt;">13.5&#160;&#160;&#160; &#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Deposited Money and Government Obligations to Be Held in Trust; Miscellaneous Provisions.</u></font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Subject to the provisions of the last paragraph of Section 11.4, all money and Government Obligations, including the proceeds thereof, deposited with the Trustee pursuant to Section
      13.4 in respect of any Securities shall be held in trust and applied by the Trustee, in accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any such Paying Agent, including the Corporation
      acting as its own Paying Agent, as the Trustee may determine, to the Holders of such Securities, of all sums due and to become due thereon in respect of principal and any premium, Additional Amounts and interest, but money so held in trust need not
      be segregated from other funds except to the extent required by law.</div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Corporation shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Government Obligations deposited pursuant to Section 13.4
      or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">Notwithstanding anything in this Article 13 to the contrary, the Trustee shall deliver or pay to the Corporation from time to time upon Company Request, any money or Government
      Obligations held by it as provided in Section 13.4 with respect to any Securities which, in the opinion of a nationally recognized firm of independent chartered accountants expressed in a written certification thereof delivered to the Trustee, are in
      excess of the amount thereof which would then be required to be deposited to effect the Defeasance or Covenant Defeasance, as the case may be, with respect to such Securities.</div>
    <div style="text-align: justify; text-indent: 36pt;"> <font style="font-size: 10pt;"><br>
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    <div style="text-align: justify; font-size: 10pt;">13.6&#160;&#160;&#160;&#160;&#160; &#160;&#160; <font style="color: rgb(0, 0, 0);"><u>Reinstatement.</u></font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">If and for so long as the Trustee is unable to apply any money or Government Obligations held in trust pursuant to Section 11.4, Section 13.4 or Section 13.5 by reason of any legal
      proceeding or by reason of any order or judgment of any court or government agency enjoining, restraining or otherwise prohibiting such application, the Corporation<font style="color: rgb(0, 0, 0);">&#8217;</font>s obligations with respect to this
      Indenture and the Securities will be reinstated as though no such deposit in trust had been made.&#160; If the Corporation makes any payment of principal of or interest on any Securities because of the reinstatement of its obligations, it will be
      subrogated to the rights of the Holders of such Securities to receive such payment from the money or Government Obligations held in trust.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 14</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">IMMUNITY OF INCORPORATORS, SHAREHOLDERS, OFFICERS AND</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">DIRECTORS</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: justify; font-size: 10pt;">14.1&#160; &#160; &#160;&#160; &#160; <font style="color: rgb(0, 0, 0);"><u>Indenture and Securities Solely Corporate Obligations.</u></font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">No recourse for the payment of the principal of, or any premium, Additional Amounts or interest on, any Security, or for any claim based thereon or otherwise in respect thereof, and
      no recourse under or upon any obligation, covenant or agreement of the Corporation in this Indenture or in any supplemental indenture, or in any Security, or because of the creation of any indebtedness represented thereby, shall be had against any
      incorporator, shareholder, officer, director or employee, as such, past, present or future, of the Corporation or of any successor corporation, either directly or through the Corporation or any successor corporation, whether by virtue of any
      constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that all such liability is hereby expressly waived and released as a condition of, and as a consideration for, the
      execution of this Indenture and the issue of the Securities.</div>
    <div style="text-align: justify;"> <font style="font-size: 10pt;"><br>
      </font> </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">ARTICLE 15</div>
    <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold; font-size: 10pt;">SUBORDINATION OF SECURITIES</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">The Securities of a series issued hereunder shall be subordinated in right of payment to the extent provided in the subordination terms with respect to such Securities that are
      established pursuant to Section 3.1.</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div style="text-align: center; font-style: italic; font-weight: bold; font-size: 10pt;">[Signature page follows]</div>
    <div style="font-size: 10pt;">&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" id="DSPFPageNumber">75</font></div>
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    <div style="text-align: justify; text-indent: 36pt; font-size: 10pt;">IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of the day and year first above written.</div>
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      </font> </div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: justify; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
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            <div style="text-align: justify;">/s/ Arun Banskota</div>
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        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Name:&#160; Arun Banskota</div>
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        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Title:&#160;&#160;&#160; President and Chief Executive Officer</div>
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          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 47%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: justify;">/s/ Arthur Kacprzak</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Name:&#160; Arthur Kacprzak</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Title: &#160;&#160; Chief Financial Officer</div>
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        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="vertical-align: top;" colspan="2">
            <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">TSX TRUST COMPANY</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">,<font style="font-weight: bold; color: rgb(0, 0, 0);">&#160;</font>as Trustee</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 47%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: justify;">/s/ Marcus Boire</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Name:&#160; Marcus Boire</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Title:&#160;&#160;&#160; Corporate Trust Officer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="width: 47%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: justify;">/s/ Geralyn Krowles</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Name:&#160; Geralyn Krowles</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 47%; vertical-align: top;">
            <div style="text-align: justify;">Title:&#160; &#160; Vice-President, Corporate Trust</div>
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    <div><font style="font-size: 10pt;"><br>
      </font> </div>
    <div style="text-align: center; font-style: italic; font-size: 10pt;">[Signature page to Indenture]</div>
    <div style="text-align: center; font-style: italic;"> <font style="font-size: 10pt;"><br>
      </font> </div>
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      </font> </div>
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<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>brhc10032853_ex99-3.htm
<DESCRIPTION>EXHIBIT 99.3
<TEXT>
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    <title></title>
    <!-- Licensed to: Broadridge Financial Solutions, Inc.
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    <div>
      <div style="text-align: right; font-size: 10pt; font-weight: bold;">Exhibit 99.3</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: right; font-size: 10pt;">Execution Version</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;"> <br>
      </div>
      <div style="text-align: center; font-size: 10pt;">as Issuer</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">and</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">TSX TRUST COMPANY</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">as the trustee, the registrar and the transfer agent</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">FIRST SUPPLEMENTAL INDENTURE</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">PROVIDING FOR THE ISSUE OF</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">5.250% FIXED-TO-FIXED RESET RATE JUNIOR SUBORDINATED</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">NOTES SERIES 2022-A DUE JANUARY 18, 2082</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">Dated as of January 18, 2022</div>
      <div style="font-size: 10pt;"><br>
      </div>
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      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">TABLE OF CONTENTS</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z1b8bf57c209b4bcea7238b34bbb2ddd3" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;"><u>PAGE</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center;">ARTICLE 1</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center;">INTERPRETATION</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 1.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Definitions</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">1</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 1.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Interpretation Not Affected By Headings, etc.</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">5</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 1.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Incorporation of Certain Definitions</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 1.4.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Definition of &#8220;this Indenture&#8221;</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" rowspan="1" colspan="3">&#160;&#160;&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center;">ARTICLE 2</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center;">THE NOTES</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 2.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Designation and Principal Amount</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 2.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Terms of Notes</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 2.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Form of Notes</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">7</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 2.4.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Registrar and Transfer Agent, Paying Agent and Calculation Agent</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">8</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 2.5.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Additional Amounts</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">8</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; text-align: right; background-color: rgb(204, 238, 255);">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center; background-color: rgb(255, 255, 255);">ARTICLE 3</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="text-align: center; background-color: rgb(255, 255, 255);">REDEMPTION AND PURCHASE FOR CANCELLATION OF THE NOTES</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 3.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Redemption of Notes at the Option of the Issuer</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">8</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 3.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Notice to Trustee</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">9<br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 3.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Early Redemption upon a Tax Event</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">9</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 3.4.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Early Redemption upon a Rating Event</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">9</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 3.5.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Notice of Redemption</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">9</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 3.6.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Purchase of the Notes for Cancellation</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">10</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 3.7.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Applicability of Certain Redemption Provisions in Original Indenture</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">11</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">-i-</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z1d290471fbcb426cbdd0aca734008434" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 4</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">AUTOMATIC CONVERSION</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 4.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Automatic Conversion</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">11</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 4.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Right Not to Deliver the Conversion Preferred Shares</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">11</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 4.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Precondition to Delivery of Preferred Shares</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 5</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">DEFERRAL RIGHT</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 5.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Deferral Right</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 5.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>No Limit</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">12</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 5.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Dividend Stopper Undertaking</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">12</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 6</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">SUBORDINATION</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Notes Subordinated to Senior Indebtedness</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">13</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 6.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Disputes with Holders of Certain Senior Indebtedness</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">14</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Subrogation</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">14</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 6.4.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Obligation of Issuer Unconditional</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">15</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.5.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Payments on Notes Permitted</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">15</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 6.6.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Effectuation of Subordination by Trustee</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">15</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.7.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Knowledge of Trustee</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">15</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 6.8.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Trustee May Hold Senior Indebtedness</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">16</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.9.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Rights of Holders of Senior Indebtedness Not Impaired</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">16</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 6.10.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Article Applicable to Paying Agents</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">16</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 6.11.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Trustee; Compensation Not Prejudiced</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">16</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 7</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">MERGER, AMALGAMATION, CONSOLIDATION, SALE, LEASE OR CONVEYANCE</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 7.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">16</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">-ii-</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="za2a39d8c8cb24397a3d651c99b52dde3" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 8</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ADDITIONAL COVENANT</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 8.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Additional Covenant</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">17</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 9</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">EVENTS OF DEFAULT</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 9.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Events of Default</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">17</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">ARTICLE 10</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">AMENDMENT, SUPPLEMENT AND WAIVER</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">ARTICLE 11</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: center;">INDENTURE SUPPLEMENTAL TO ORIGINAL INDENTURE</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 11.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Indenture Supplemental to Original Indenture</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">19</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 12</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ACCEPTANCE OF TRUSTS BY TRUSTEE</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 12.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Acceptance of Trusts by Trustee</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">19</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>

      </table>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 9pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);">

          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">ARTICLE 13</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);" colspan="3">
              <div style="text-align: center;">MISCELLANEOUS</div>
            </td>
          </tr>
          <tr>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">&#160;</td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 13.1.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Confirmation of Trust Indenture</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 13.2.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>No Conflict of Interest</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 13.3.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Counterparts</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 13.4.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Governing Law</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 13.5.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Benefits of Indenture</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt;">
              <div>SECTION 13.6.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt;">
              <div>Severability</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt;">
              <div style="text-align: right;">20</div>
            </td>
          </tr>
          <tr>
            <td style="width: 17%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>SECTION 13.7.</div>
            </td>
            <td style="width: 78%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div>Successors and Assigns</div>
            </td>
            <td style="width: 5%; vertical-align: top; font-size: 10pt; background-color: rgb(204, 238, 255);">
              <div style="text-align: right;">20</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">-iii-</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">THIS FIRST SUPPLEMENTAL INDENTURE</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (the &#8220;<u>First Supplemental Indenture</u>&#8221;) dated as of January 18, 2022, <font style="color: rgb(0, 0, 0);">among ALGONQUIN POWER &amp; UTILITIES CORP.</font>, a company duly organized
          and existing under the laws of Canada (hereinafter called the <font style="color: rgb(0, 0, 0);">&#8220;<u>Issuer</u>&#8221; and, when referred to in the Original Indenture, the &#8220;<u>Corporation</u>&#8221;</font>) and <font style="color: rgb(0, 0, 0);">TSX TRUST
            COMPANY</font>, a trust company existing under the laws of Canada, as the trustee, the registrar and the transfer agent (hereinafter called the <font style="color: rgb(0, 0, 0);">&#8220;<u>Trustee</u>&#8221;)</font>.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">WHEREAS by an indenture (the <font style="color: rgb(0, 0, 0);">&#8220;<u>Original Indenture</u>&#8221;</font>) dated as of the date hereof between the Issuer and the Trustee, provision was
        made for the issue of subordinated notes of the Issuer without limitation as to the aggregate principal amount subject to the provisions of the Original Indenture;</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">WHEREAS the Issuer is desirous of issuing subordinated notes under the provisions of the Original Indenture and this First Supplemental Indenture, as a series of Securities to be
        designated as 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A <font style="color: rgb(0, 0, 0);">d</font>ue January 18, 2082 (the <font style="color: rgb(0, 0, 0);">&#8220;<u>Notes</u>&#8221;</font>);</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">WHEREAS the Issuer and the Trustee have agreed to supplement the Original Indenture as herein provided;</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">WHEREAS all necessary action has been taken by the Issuer to make the Notes, when certified by the Trustee and issued and authenticated as provided in this First Supplemental
        Indenture, valid, binding and legal obligations of the Issuer with the benefits and subject to the terms of the Original Indenture and to make this First Supplemental Indenture a valid and binding agreement of the Issuer, in accordance with its
        terms; and</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">WHEREAS the foregoing recitals are made as representations and statements of fact by the Issuer and not by the Trustee.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">NOW, THEREFORE, THIS INDENTURE WITNESSETH</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> and it is hereby covenanted, agreed and declared as follows:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 1</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Interpretation</u></div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u> <br>
        </u></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 1.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Definitions</u>.<font style="font-weight: bold;">&#160; </font>In this First Supplemental Indenture, unless there is something in the subject matter or context inconsistent therewith:</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>5-Year Government of Canada Yield</u>&#8221; means, as of any Interest Rate Calculation Date, the bid yield to maturity on such date (assuming
          semi-annual compounding) of a Canadian dollar denominated non-callable Government of Canada bond with a term to maturity of five years as quoted as of 10:00 a.m. (Toronto time) on such date and which appears on the Bloomberg Screen GCAN5YR Page
          on such date; provided that, if such rate does not appear on the Bloomberg Screen GCAN5YR Page on such date, &#8220;<u>5-Year Government of Canada Yield</u>&#8221; shall mean the average of the yields determined by two registered Canadian investment dealers
          (each of which is a member of the Investment Industry Regulatory Organization of Canada), selected by the Issuer, as being the yield to maturity (assuming semi-annual compounding) on such date at or about 10:00 a.m. (Toronto time) which a
          Canadian dollar denominated non-callable Government of Canada bond would carry if issued in Canadian dollars at 100% of its principal amount on such date with a term to maturity of five years.</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">2</font></div>
      </div>
      <!--PROfilePageNumberReset%Num%2%%%-->
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Administrative Action</u>&#8221; means, collectively, any </font><font style="font-family: 'Times New Roman'; font-size: 10pt;">judicial decision, administrative pronouncement, published or private ruling, regulatory procedure, rule, notice, announcement, assessment or reassessment (including any notice or
          announcement of intent to adopt or issue such decision, pronouncement, ruling, procedure, rule, notice, announcement, assessment or reassessment).</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Automatic Conversion</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning ascribed to such term in Section 4.1.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Automatic Conversion Event</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means an event giving rise to an Automatic Conversion, being the occurrence of any one of the following:&#160; (i) the making by the Issuer of a general assignment for the benefit of its
          creditors or a proposal (or the filing of a notice of its intention to do so) under the Bankruptcy and Insolvency Act (Canada), (ii) any proceeding instituted by the Issuer seeking to adjudicate it as bankrupt (including any voluntary assignment
          in bankruptcy) or insolvent or, where the Issuer is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or
          insolvency in Canada, or seeking the entry of an order for the appointment of a receiver, interim receiver, trustee or other similar official for the Issuer or any substantial part of its property and assets in circumstances where the Issuer is
          adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, (iii) a receiver, interim receiver, trustee or other similar official is appointed over the Issuer or for any substantial part of its property and assets by a
          court of competent jurisdiction in circumstances where the Issuer is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent under any law relating to bankruptcy or insolvency in Canada, or (iv) any proceeding is
          instituted against the Issuer seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, or where the Issuer is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement,
          adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an order for the appointment of a receiver, interim receiver, trustee or other similar official for
          the Issuer or any substantial part of its property and assets in circumstances where the Issuer is adjudged as bankrupt or insolvent under any law relating to bankruptcy or insolvency in Canada, and either such proceeding has not been stayed or
          dismissed within sixty (60) days of the institution of any such proceeding or the actions sought in such proceedings occur (including the entry of an order for relief against the Issuer or the appointment of a receiver, interim receiver, trustee,
          or other similar official for it or for any substantial part of its property and assets).</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-size: 10pt;">&#8220;<u>Bloomberg Screen GCAN5YR Page</u>&#8221; means the display designated as page &#8220;GCAN5YR&lt;INDEX&gt;&#8221; on the Bloomberg Financial L.P. service (or such other page
        as may replace the GCAN5YR page on that service for purposes of displaying Government of Canada bond yields).</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-size: 10pt;">&#8220;<u>Calculation Agent</u>&#8221; means a third party independent financial institution of national standing in the United States or Canada with experience providing
        such services, which has been selected by the Issuer.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">3</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Common Shares</u>&#8221;<font style="font-weight: bold;">&#160;</font>means the common shares of the Issuer.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Conversion Preferred Shares</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the newly issued series of preferred shares of the Issuer to be issued to Holders of Notes upon an Automatic Conversion.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Conversion Time</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning ascribed to such term in Section 4.1.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Dividend Restricted Shares</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means, collectively, the Preferred Shares and the Common Shares.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Deferral Period</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning ascribed to such term in Section 5.1.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; color: rgb(0, 0, 0); font-size: 10pt;">&#8220;<u>GoC Yield</u>&#8221; on any date, shall mean the yield to maturity on such date, compounded semi-annually, which a non-callable Government of Canada bond would
        carry if issued, in Canadian dollars in Canada, at 100% of its principal amount on such date with a term to maturity equal to, or if no Government of Canada bond having an equal term to maturity exists, as close as possible to, the remaining term
        to October 18, 2031. The GoC Yield will be the average of the yields determined by two nationally recognized Canadian investment dealers selected by the Issuer.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>hereto</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, <font style="color: rgb(0, 0, 0);">&#8220;<u>hereby</u>&#8221;</font>, <font style="color: rgb(0, 0, 0);">&#8220;<u>hereunder</u>&#8221;</font>, <font style="color: rgb(0, 0, 0);">&#8220;<u>hereof</u>&#8221;</font>, <font style="color: rgb(0, 0, 0);">&#8220;<u>herein</u>&#8221;</font> and similar expressions refer to this First Supplemental Indenture and not to any particular article, section, subdivision or other portion hereof.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Holders</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the registered holders, from time to time, of the Notes or, where the context requires, all of such holders.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Ineligible Person</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means any Person whose address is in, or whom the Issuer or its transfer agent has reason to believe is a resident of, any jurisdiction outside of Canada to the extent that:&#160; (i) the
          issuance or delivery by the Issuer to such Person, upon an Automatic Conversion, of Conversion Preferred Shares, would require the Issuer to take any action to comply with securities or analogous laws of such jurisdiction or (ii) withholding tax
          would be applicable in connection with the delivery to such Person of Conversion Preferred Shares upon an Automatic Conversion.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Payment Date</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means January 18 and July 18 of each year during which any Notes are outstanding until the Maturity Date.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Rate Calculation Date</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the Business Day immediately preceding an Interest Reset Date.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Interest Reset Date</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means January 18, 2032<font style="font-weight: bold;">&#160;</font>and every fifth anniversary of such date thereafter.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Issue Date</u>&#8221; means January 18, 2022.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Maturity Date</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means January 18, 2082.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">4</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Notes</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A <font style="color: rgb(0, 0, 0);">d</font>ue January 18, 2082 issued by the Issuer hereunder.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Original Indenture</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> has the meaning ascribed to such term in the first recital to this First Supplemental Indenture.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Parity Notes</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means any class or series of Issuer indebtedness outstanding on the date of this First Supplemental Indenture or thereafter created which ranks on a parity with the Notes (prior to any Automatic Conversion)
          as to distributions upon liquidation, dissolution or winding-up.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Preferred Shares</u>&#8221; means the preferred shares of the Issuer (including the Series A Preferred Shares, the Series B Preferred Shares, the Series C Preferred Shares, the
        Series D Preferred Shares, the Series E Preferred Shares, the Series F Preferred Shares, the Series G Preferred Shares, the Conversion Preferred Shares and the Series I Preferred Shares).</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Prospectus</u>&#8221; means the short form base shelf prospectus dated November 18, 2021, as supplemented by the prospectus supplement dated January 12, 2022, relating to the
        offering by the Issuer of the Notes, including all documents incorporated by reference therein.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Rating Event</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;means a change to the methodology or criteria that were employed by any nationally recognized statistical rating organization for purposes of assigning equity credit to securities such as the Notes on the
          Issue Date, which either (i) shortens the period of time during which equity credit pertaining to the Notes would have been in effect had the methodology not been changed or (ii) reduces the amount of equity credit assigned to the Notes as
          compared with the amount of equity credit that such rating agency had assigned to the Notes as of the Issue Date.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Senior Indebtedness</u>&#8221; means obligations (other than non-recourse obligations, debt securities (including the Notes) issued under the Indenture or any other obligations
        specifically designated as being subordinate in right of payment to Senior Indebtedness) of, or guaranteed or assumed by, the Issuer for borrowed money or evidenced by bonds, debentures or notes or obligations of the Issuer for or in respect of
        bankers&#8217; acceptances (including the face amount thereof), letters of credit and letters of guarantee (including all reimbursement obligations in respect of each of the foregoing) or other similar instruments, and amendments, renewals, extensions,
        modifications and refunding of any such indebtedness or obligation.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series A Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series A.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series B Preferred Shares</u>&#8221; means the Issuer&#8217;s nil cumulative floating rate preferred shares, Series B.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series C Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series C.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series D Preferred Shares</u>&#8221; means the Issuer&#8217;s cumulative rate reset preferred shares, Series D.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">5</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series E Preferred Shares</u>&#8221; means the Issuer&#8217;s nil cumulative floating rate preferred shares, Series E.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series F Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-floating preferred shares, Series F.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series G Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-floating preferred shares, Series G.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Series I Preferred Shares</u>&#8221; means the Issuer&#8217;s nil fixed-to-fixed preferred shares, Series I.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Tax</u>&#8221; means any present or future tax, duty, levy, impost, assessment or other governmental charge (including penalties, interest and other liabilities related thereto), in
        each case in the nature of a tax, imposed or levied by a governmental authority.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">&#8220;<u>Tax Act</u>&#8221; means the <font style="font-style: italic;">Income Tax Act </font>(Canada) and the regulations thereunder.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; color: rgb(0, 0, 0);">&#8220;<u>Tax Event</u>&#8221;</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> means the Issuer has received an opinion of independent counsel of a nationally recognized law firm in Canada or the U.S. experienced in such matters (who may be counsel to the Issuer) to the effect that, as a
          result of, (i) any amendment to, clarification of, or change (including any announced prospective change) in, the laws, or any regulations thereunder, or any application or interpretation thereof, of Canada or the U.S. or any political
          subdivision or taxing authority thereof or therein, affecting taxation, (ii) any Administrative Action, or (iii) any amendment to, clarification of, or change in, the official position with respect to or the interpretation of any Administrative
          Action or any interpretation or pronouncement that provides for a position with respect to such Administrative Action that differs from the theretofore generally accepted position, in each of case (i), (ii) or (iii), by any legislative body,
          court, governmental authority or agency, regulatory body or taxing authority, irrespective of the manner in which such amendment, clarification, change, Administrative Action, interpretation or pronouncement is made known, which amendment,
          clarification, change or Administrative Action is effective or which interpretation, pronouncement or Administrative Action is announced on or after the date of issue of the Notes, there is more than an insubstantial risk (assuming any proposed
          or announced amendment, clarification, change, interpretation, pronouncement or Administrative Action is effective and applicable) that the Issuer is, or may be, subject to more than a de minimis amount of additional taxes, duties or other
          governmental charges or civil liabilities because the treatment of any of its items of income, taxable income, expense, taxable capital or taxable paid-up capital with respect to the Notes (including the treatment by the Issuer of interest on the
          Notes), as or as would be reflected in any tax return or form filed, to be filed, or that otherwise could have been filed, will not be respected by a taxing authority.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">Words importing the singular include the plural and vice versa and words importing the masculine gender include the feminine gender and vice versa.</div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 1.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; <u></u></font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Interpretation Not Affected By Headings, etc</u>.&#160; The division of this First Supplemental Indenture into Articles and Sections, the provision of a table of contents and the insertion of headings are for convenience of
          reference only and shall not affect the construction or interpretation of this First Supplemental Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">6</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 1.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Incorporation of Certain Definitions</u>.&#160; All terms contained in this First Supplemental Indenture which are defined in the Original Indenture, as supplemented and amended to the date hereof, shall, for all purposes hereof,
          have the meanings given to such terms in the Original Indenture, as so supplemented and amended, unless otherwise defined herein or unless the context otherwise specifies or requires.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 1.4.</font><font id="TRGRRTFtoHTMLTab" style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Definition



            of &#8220;this Indenture&#8221;</u>.&#160; The term &#8220;this Indenture&#8221;, whenever used herein, means the Original Indenture as supplemented and amended by this First Supplemental Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 2</div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>The Notes</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 2.1.</font><font id="TRGRRTFtoHTMLTab" style="font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Designation



            and Principal Amount</u>.<font style="font-weight: bold;">&#160; </font>There is hereby authorized and established a series of Securities under the Indenture, designated as &#8220;5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A
          due January 18, 2082&#8221;, which is not limited in aggregate principal amount. The aggregate principal amount of the Notes to be initially issued shall be limited to $400,000,000.&#160; The Issuer may from time to time issue additional Notes hereunder in
          accordance with Section 3.3 of the Original Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);"> <br>
        </font></div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 2.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Terms of Notes</u>.&#160; (a)&#160; The Notes shall be dated as of the Issue Date, regardless of their actual date of issue, and shall mature on the Maturity Date.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Notes will bear interest from, and including, the Issue Date to, but excluding, January 18, 2032 at a rate of 5.250% per annum.&#160; On January 18, 2032 and on every<font style="font-weight: bold;">&#160;</font>Interest Reset Date thereafter, the
          interest rate on the Notes shall be reset, and the Notes will bear interest at a rate per annum equal to the 5-Year Government of Canada Yield on the Interest Rate Calculation Date for such Interest Reset Date plus, (i) for the period from, and
          including, January 18, 2032 to, but excluding, January 18, 2052, 3.717%, and (ii) for the period from, and including, January 18, 2052 to, but excluding, the Maturity Date, 4.467%, in each case, to be reset on each Interest Reset Date.&#160; Subject
          to Article 5, the Issuer will pay interest semi-annually in arrears on each Interest Payment Date, commencing on July 18, 2022.&#160; Subject to Article 5, interest as aforesaid shall be payable after as well as before default, with interest on
          overdue interest, in like money, at the same rates and on the same dates.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(c)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The amount of interest payable will be on the basis of equal semi-annual payments when calculating amounts due on any Interest Payment Date and the actual number of days elapsed and a 365-day year when calculating accruals during any partial
          interest period.&#160; For the purposes of disclosure under the <font style="font-style: italic;">Interest Act</font> (Canada), and without affecting the interest payable on the Notes, whenever the interest rate on the Notes is to be calculated on
          the basis of a period of less than a full calendar year, the yearly rate of interest to which such rate is equivalent is such rate multiplied by the actual number of days in the calendar year for which such calculation is made and divided by the
          number of days in such period.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(d)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">If an Interest Payment Date, a Redemption Date or the Maturity Date of the Notes falls on a day that is not a Business Day, the payment of interest and principal will be made on the next succeeding Business Day, and, if such payment is so
          made, no interest on such payment will accrue for the period from and after the Interest Payment Date, the Redemption Date or the Maturity Date, as applicable.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">7</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(e)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Interest payments will be made to Holders in whose names the Notes are registered at the close of business on the January 3 and July 3 (in each case, whether or not a Business Day), as the case may be, immediately preceding the relevant
          Interest Payment Date.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(f)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Unless all of the outstanding Notes have been redeemed as of January 18, 2032, the Issuer will appoint a Calculation Agent with respect to the Notes prior to the Interest Rate Calculation Date preceding January 18, 2032.&#160; The Issuer or any
          of its affiliates may assume the duties of the Calculation Agent.&#160; The applicable interest rate for each Interest Reset Date will be determined by the Calculation Agent as of the applicable Interest Rate Calculation Date.&#160; If the Issuer or one of
          its affiliates is not the Calculation Agent, the Calculation Agent will notify the Issuer of the interest rate for the relevant Interest Reset Date promptly upon such determination.&#160; The Issuer will notify the Trustee of such interest rate,
          promptly upon making or being notified of such determination.&#160; The Calculation Agent&#8217;s determination of any interest rate and its calculation of the amount of interest for any Interest Reset Date beginning on or after January 18, 2032 will be
          conclusive and binding absent manifest error, will be made in the Calculation Agent&#8217;s sole discretion and, notwithstanding anything to the contrary in the documentation relating to the Notes, will become effective without consent from any other
          person or entity.&#160; Such determination of any interest rate and calculation of the amount of interest will be on file at the Issuer&#8217;s principal offices and will be made available to any holder of the Notes upon request.&#160; In no event shall the
          Trustee be the Calculation Agent, nor shall the Trustee have any liability for any determination made by or on behalf of such Calculation Agent.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(g)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">If the 5-Year Government of Canada Yield cannot be determined pursuant to the method described above, the Calculation Agent, after consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it
          deems reasonable from which to estimate the 5-Year Government of Canada Yield, will determine the 5-Year Government of Canada Yield in its sole discretion; <font style="font-style: italic;">provided</font> that if the Calculation Agent
          determines there is an industry-accepted successor 5-Year Government of Canada Yield, then the Calculation Agent will use such successor rate.&#160; If the Calculation Agent has determined a substitute or successor base rate in accordance with the
          foregoing, the Calculation Agent in its sole discretion may determine the business day convention, the definition of &#8220;business day&#8221; and the Interest Rate Calculation Date to be used and any other relevant methodology for calculating such
          substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the 5-Year Government of Canada Yield, in a manner that is consistent with industry-accepted practices for such
          substitute or successor base rate.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 2.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Form of Notes</u>.&#160; (a)&#160; Subject to Section 3.6 of the Original Indenture, the Notes shall be issued only as fully registered global Notes in minimum denominations of $2,000.00 and integral multiples of $1,000.00 in excess
          thereof.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Notes and the certificate of the Trustee endorsed thereon shall be in the English language and shall be substantially in the form set out in Exhibit A hereto, with such appropriate additions, deletions, substitutions and variations as
          the Trustee may approve and shall bear such distinguishing letters and numbers as the Trustee may approve, such approval of the Trustee to be conclusively evidenced by its certification of the Notes.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">8</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(c)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Notes may be engraved, printed or lithographed, or partly in one form and partly in another, as the Issuer may determine.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 2.4.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Registrar and Transfer Agent, Paying Agent and Calculation Agent</u>.&#160; The Issuer hereby appoints the Trustee as the registrar, transfer agent and paying agent of the Notes and the Trustee hereby accepts such appointment.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 2.5.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Additional Amounts</u>. This Section 2.5 supersedes and replaces Section 11.2 of the Original Indenture with respect to the Notes other than for purposes of the definition of &#8220;Additional Amounts&#8221;, and references to &#8220;Section
          11.2&#8221; of the Original Indenture shall instead refer to this &#8220;Section 2.5&#8221; of this First Supplemental Indenture. The Issuer shall not be required to pay any Additional Amounts on the Notes.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 3</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Redemption and Purchase for Cancellation of The Notes</u></div>
      <div style="text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Redemption



            of Notes at the Option of the Issuer</u>.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem the Notes, in whole at any time or in part from time to time, (i) from October 18, 2031 to January 18, 2032, and (ii)
          thereafter on any Interest Payment Date (which includes each Interest Reset Date), in each case, at a Redemption Price equal to 100.00% of the principal amount of the Notes redeemed together with accrued and unpaid interest (including deferred
          interest, if any) thereon to, but excluding, the Redemption Date.&#160; At any time prior to October 18, 2031, the Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem the Notes, in
          whole at any time or in part from time to time, at a Redemption Price, calculated in accordance with generally accepted Canadian financial practice at 10:00 a.m. (Toronto time) on the business day preceding the date of the issuance by the Issuer
          of a notice of redemption, equal to the greater of (i) 100.00% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest on such Notes (not including
          any portion of such payments of interest accrued as of the Redemption Date) until October 18, 2031, discounted to the Redemption Date at the GoC Yield plus 50 basis points and on a semi-annual basis&#894; plus, in each case, accrued and unpaid
          interest (including deferred interest, if any) thereon to, but excluding, the Redemption Date. Any such optional redemption may be subject to such conditions as may be specified in the applicable notice of redemption pursuant to Section 3.5(e).</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notwithstanding the occurrence of a Tax Event or Rating Event, the Issuer may elect to exercise the optional redemption right set forth in Section 3.1(a).</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">9</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Notice to Trustee</u>.&#160; This Section 3.2 supersedes and replaces Section 12.2 of the Original Indenture with respect to the Notes, and references to &#8220;Section 12.2&#8221; of the Original Indenture shall instead refer to this &#8220;Section
          3.2&#8221; of this First Supplemental Indenture.&#160; If the Issuer elects to redeem any Notes pursuant to the Indenture, the Issuer shall, at least 45 days prior to the Redemption Date fixed by the Issuer, unless a shorter notice period shall be
          reasonably satisfactory to the Trustee, notify the Trustee of such Redemption Date and the principal amount of Notes to be redeemed.&#160; Such notice shall be accompanied by an Officer&#8217;s Certificate and an Opinion of Counsel from the Issuer to the
          effect that such redemption shall comply with the terms of the Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Early Redemption upon a Tax Event</u>.&#160; This Section 3.3 supersedes and replaces Section 12.7 of the Original Indenture with respect to the Notes, and references to &#8220;Section 12.7&#8221; of the Original Indenture shall instead refer to
          this &#8220;Section 3.3&#8221; of this First Supplemental Indenture.&#160; After the occurrence of a Tax Event, the Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem all (but not less than all)
          of the Notes without the consent of the Holders.&#160; The Redemption Price per $1,000.00 principal amount of the Notes shall be equal to 100.00% of the principal amount thereof, together with accrued and unpaid interest (including deferred interest,
          if any) thereon to, but excluding, the Redemption Date.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.4.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt;"><font style="color: rgb(0, 0, 0);"><u>Early Redemption upon a Rating Event</u>.&#160; </font>&#160;<font style="color: rgb(0, 0, 0);">At any time within 120 days following the</font><font style="font-weight: bold; color: rgb(0, 0, 0);">&#160;</font><font style="color: rgb(0, 0, 0);">occurrence of a Rating Event, the Issuer may, at its option, on giving not more than 60 days&#8217; nor less than 30 days&#8217; prior notice to the Holders, redeem all (but not less than all) of the Notes without the consent
            of the Holders.&#160; The Redemption Price per $1,000.00 principal amount of the Notes shall be equal to 102.00% of the principal amount thereof, together with accrued and unpaid interest (including deferred interest, if any) thereon to, but
            excluding, the Redemption Date.</font></font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.5.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; <u></u></font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Notice of Redemption</u>.&#160; This Section 3.5 supersedes and replaces Section 12.4 of the Original Indenture with respect to the Notes, and references to &#8220;Section 12.4&#8221; of the Original Indenture shall instead refer to this
          &#8220;Section 3.5&#8221; of this First Supplemental Indenture.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notice of redemption shall be delivered not less than 30 days nor more than 60 days prior to the Redemption Date, to each Holder of Notes to be redeemed, at the address appearing in the Register.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">All notices of redemption shall state:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(i)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the Redemption Date;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(ii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the Redemption Price (or if the Redemption Price cannot be calculated at such time, the methodology for the calculation of the Redemption Price);</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">if less than all of the outstanding Notes are to be redeemed, the principal amount of Notes to be redeemed;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iv)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160; &#160; &#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">any conditions precedent to such redemption established in accordance with Section 3.5(e);</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">10</font></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(v)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">that, subject to the satisfaction or waiver of any conditions specified in such notice, on the Redemption Date, the Redemption Price, together with accrued and unpaid interest (including any deferred interest), if any, to
          the Redemption Date, will become due and payable upon each such Note to be redeemed, and that interest thereon will cease to accrue on and after such date;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(vi)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the place or places where each such Note is to be surrendered for payment of the Redemption Price and accrued interest, if any;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(vii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the &#8220;CUSIP&#8221; number or &#8220;ISIN&#8221; number printed on the Notes being redeemed; and</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(viii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">such other matters as the Issuer shall deem desirable or appropriate.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(c)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notice of redemption of the Notes to be redeemed at the election of the Issuer, and any notice of non-satisfaction of redemption as aforesaid, shall be given by the Issuer or, at the Issuer&#8217;s request, by the Trustee in the name and at the
          expense of the Issuer.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(d)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Subject to the satisfaction or waiver of any conditions specified in the relevant notice of redemption (established in accordance with Section 3.5(e)), notice of redemption shall be irrevocable and on the Redemption Date, the Notes subject
          to redemption shall become due and payable at the Redemption Price, and from and after such date (unless the Issuer shall default in the payment of the Redemption Price and accrued interest) such Notes shall cease to bear interest. Notes that are
          redeemed pursuant to this Article 3 shall be cancelled and shall not be reissued.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(e)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Notice of any redemption of Notes may, at the Issuer&#8217;s discretion, be given subject to one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked
          offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control of the Issuer or another entity).&#160; If such redemption is so subject to satisfaction of one or more conditions precedent, such
          notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied or otherwise waived on or prior to the Business Day immediately preceding the relevant
          Redemption Date.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.6.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Purchase of the Notes for Cancellation</u>.&#160; (a)&#160; Subject to Section 5.3, the Issuer may purchase all or any of the Notes in the open market (which may include purchases from or through an investment dealer or a firm holding
          membership on or that is a participant of a recognized stock exchange) or by invitation for tenders or by private contract and, in each case, at any price, payable in cash.&#160; Notes purchased by the Issuer shall be delivered to the Trustee for
          cancellation and shall not be reissued.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">If, upon an invitation for tenders, more Notes than the Issuer is willing to purchase are tendered at the same lowest price, the Notes to be purchased by the Issuer shall be selected by the Trustee pro rata, or in such other manner as the
          Trustee may consider equitable in compliance with applicable law, from the Notes tendered by each Holder who tendered at such lowest price.&#160; For this purpose, the Trustee may make, and from time to time amend, regulations with respect to the
          manner in which the Notes may be so selected and regulations so made shall be valid and binding upon all Holders, notwithstanding the fact that, as a result thereof, one or more of such Notes become subject to purchase in part only.&#160; The Holder
          of any Notes of which a part only is purchased, upon surrender of such Notes for payment, shall be entitled to receive, without expense to such Holder, one or more new Notes for the unpurchased part so surrendered and the Trustee shall certify
          and deliver such new Notes upon receipt of the Notes so surrendered.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">11</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 3.7.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Applicability of Certain Redemption Provisions in Original Indenture</u>.&#160; Sections 12.3, 12.5 and 12.6 of the Original Indenture shall be applicable to the Notes.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 4</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Automatic Conversion</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 4.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;<u></u></font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Automatic Conversion</u>.&#160; Upon an Automatic Conversion Event (the &#8220;<u>Conversion Time</u>&#8221;), all Notes, including accrued and unpaid interest (including deferred interest) thereon, shall be automatically converted (the &#8220;<u>Automatic



            Conversion</u>&#8221;), without the consent of the Holders, into a newly issued series of fully paid Conversion Preferred Shares with a stated issue price of $1,000.00 per share. At the Conversion Time, Holders will receive one Conversion Preferred
          Share for each $1,000.00 principal amount of Notes, together with such number of Conversion Preferred Shares (including fractional shares, if applicable) calculated by dividing the amount of accrued and unpaid interest (including deferred
          interest) on each $1,000.00 principal amount of Notes from the immediately preceding Interest Payment Date to, but excluding, the date of the Automatic Conversion Event by $1,000.00.&#160; At the Conversion Time, all outstanding Notes shall be deemed
          to be immediately and automatically surrendered and cancelled without need for further action by the Holders, who shall thereupon automatically cease to be Holders thereof, and all rights of any such Holder as a debtholder of the Issuer shall
          automatically cease.&#160; For greater certainty, any Notes purchased or redeemed by the Issuer prior to the Conversion Time shall be deemed not to be outstanding, and shall not be subject to the Automatic Conversion.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 4.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Right Not to Deliver the Conversion Preferred Shares</u>.&#160; Upon an Automatic Conversion of the Notes, the Issuer reserves the right not to issue some or all, as applicable, of the Conversion Preferred Shares to Ineligible Persons.&#160; In
          such circumstances, the Issuer will hold all Conversion Preferred Shares that would otherwise be delivered to Ineligible Persons, as agent for such Ineligible Persons, and will attempt to facilitate the sale of such shares through a registered
          broker or dealer retained by the Issuer for the purpose of effecting the sale (to parties other than the Issuer, its affiliates or other Ineligible Persons) on behalf of such Ineligible Persons of such Conversion Preferred Shares.&#160; Such sales, if
          any, may be made at any time and any price.&#160; The Issuer will not be subject to any liability for failing to sell Conversion Preferred Shares on behalf of any such Ineligible Persons or at any particular price on any particular day.&#160; The net
          proceeds received by the Issuer from the sale of any such Conversion Preferred Shares will be divided among the Ineligible Persons in proportion to the number of Conversion Preferred Shares that would otherwise have been delivered to them, after
          deducting the costs of sale and any applicable Taxes or withholding on account of Taxes, if any.&#160; The Issuer will make payment of the aggregate net proceeds to the Depository (if the Notes are then held in the book-entry only system) or to the
          registrar and transfer agent (in all other cases) for distribution to such Ineligible Persons in accordance with the Applicable Procedures or otherwise.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
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        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">12</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 4.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Precondition to Delivery of Preferred Shares</u>.&#160; As a precondition to the delivery of any certificate or other evidence of issuance representing any Conversion Preferred Shares or related rights following an Automatic
          Conversion, the Issuer may require a Holder (and persons holding Notes represented by such Holder) to deliver a declaration, in form and substance satisfactory to the Issuer, confirming compliance with any applicable regulatory requirements to
          establish that such Holder is not, and does not represent, an Ineligible Person.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 5</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Deferral Right</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 5.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Deferral Right</u>.&#160; So long as no Event of Default has occurred and is continuing, the Issuer may elect, at its sole option, at any date other than an Interest Payment Date, to defer the interest payable on the Notes on one or
          more occasions for up to five consecutive years (a &#8220;<u>Deferral Period</u>&#8221;).&#160; Such deferral will not constitute an Event of Default or any other breach under the Indenture and the Notes.&#160; Interest that is deferred or otherwise not paid will
          accrue, compounding to the extent permitted by law on each subsequent Interest Payment Date at the interest rate applicable for the immediately preceding interest period, until paid.&#160; A Deferral Period terminates on any Interest Payment Date on
          which the Issuer pays all accrued and unpaid interest on such date.&#160; No Deferral Period may extend beyond the Maturity Date and for greater certainty, all accrued and unpaid interest shall be due and payable at the Maturity Date.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The Issuer will give the Holders of the Notes written notice of its election to commence a Deferral Period at least 10 days and not more than 60 days before the first applicable
        Interest Payment Date.&#160; After the commencement of a Deferral Period, the Issuer will give the Holders of the Notes written notice of its election to continue or terminate, as applicable, such Deferral Period, at least 10 days and not more than 60
        days before each subsequent Interest Payment Date until the termination of such Deferral Period.</div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 5.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>No Limit</u>.&#160; There shall be no limit on the number of Deferral Periods that may occur pursuant to Section 5.1.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 5.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Dividend Stopper Undertaking</u>.&#160; Unless the Issuer has paid all accrued and unpaid interest on the Notes, the Issuer will not:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(i)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">declare any dividends on the Dividend Restricted Shares or pay any interest on any Parity Notes (other than stock dividends on Dividend Restricted Shares);</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(ii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">redeem, purchase or otherwise retire any Dividend Restricted Shares or Parity Notes (except (A) with respect to Dividend Restricted Shares, out of the net cash proceeds of a substantially concurrent issue of Dividend
          Restricted Shares or (B) pursuant to any purchase obligation, sinking fund, retraction privilege or mandatory redemption provisions attaching to any series of Dividend Restricted Shares); or</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">make any payment to holders of any of the Dividend Restricted Shares or any Parity Notes in respect of dividends not declared or paid on such Dividend Restricted Shares or interest not paid on such Parity Notes,
          respectively.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
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        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">13</font></div>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 6</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Subordination</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Notes Subordinated to Senior Indebtedness</u>.&#160; (a)&#160; Pursuant to and in accordance with Article 15 of the Original Indenture, the Notes shall be subordinated to the extent provided in this Article 6 of this First Supplemental
          Indenture.&#160; The Issuer covenants and agrees, and each Holder of Notes, by the acceptance thereof, likewise covenants and agrees, that the indebtedness represented by the Notes and the payment of the principal of and interest on each and all of
          the Notes is hereby expressly subordinated, to the extent and in the manner hereinafter set forth, in right of payment to the prior payment in full of all present and future Senior Indebtedness.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">In the event (i) of any insolvency or bankruptcy proceedings or any receivership, liquidation, reorganization or other similar proceedings in respect of the Issuer or a substantial part of its property, or of any proceedings for liquidation,
          dissolution or other winding-up of the Issuer, whether or not involving insolvency or bankruptcy or (ii) subject to the provisions of Section 6.2 that (A) a default shall have occurred with respect to the payment of principal of or interest on or
          other monetary amounts due and payable on any Senior Indebtedness or (B) there shall have occurred an event of default (other than a default in the payment of principal or interest or other monetary amounts due and payable) in respect of any
          Senior Indebtedness, as defined therein or in the instrument under which the same is outstanding, permitting the holder or holders thereof to accelerate the maturity thereof (with notice or lapse of time, or both), and such event of default shall
          have continued beyond the period of grace, if any, in respect thereof, and, in the cases of subclauses (A) and (B) of this clause (ii), such default or Event of Default shall not have been cured or waived or shall not have ceased to exist or
          (iii) that the principal of and accrued interest on the Notes shall have been declared due and payable pursuant to Section 5.2 of the Original Indenture and such declaration shall not have been rescinded and annulled as provided therein, then:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(1)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The holders of all Senior Indebtedness shall first be entitled to receive payment of the full amount due thereon, or provision shall be made for such payment in money or money&#8217;s worth, before the Holders of any of the
          Notes are entitled to receive a payment on account of the principal of or interest on the indebtedness evidenced by the Notes, including, without limitation, any payments made pursuant to Article 3;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(2)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Any payment by, or distribution of assets of, the Issuer of any kind or character, whether in cash, property or securities, to which the Holders of any of the Notes or the Trustee would be entitled except for the
          provisions of this Article shall be paid or delivered by the person making such payment or distribution, whether a trustee in bankruptcy, a receiver, receiver and manager or liquidating trustee or otherwise, directly to the holders of such Senior
          Indebtedness or their representative or representatives or to the trustee or trustees under any indenture under which any instruments evidencing any of such Senior Indebtedness may have been issued, ratably according to the aggregate amounts
          remaining unpaid on account of such Senior Indebtedness held or represented by each, to the extent necessary to make payment in full of all Senior Indebtedness remaining unpaid after giving effect to any concurrent payment or distribution (or
          provision therefor) to the holders of such Senior Indebtedness, before any payment or distribution is made to the holders of the indebtedness evidenced by the Notes or to the Trustee under this instrument; and</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
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        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">14</font></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(3)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; color: rgb(0, 0, 0);">In the event that, notwithstanding the foregoing, any payment by, or distribution of assets of, the Issuer of any kind or character, whether in cash, property or securities, in respect of principal of or interest on
          the Notes or in connection with any repurchase by the Issuer of the Notes, shall be received by the Trustee or the Holders of any of the Notes before all Senior Indebtedness is paid in full, or provision made for such payment in money or money&#8217;s
          worth, such payment or distribution in respect of principal of or interest on the Notes or in connection with any repurchase by the Issuer of the Notes shall be paid over to the holders of such Senior Indebtedness or their representative or
          representatives or to the trustee or trustees under any indenture under which any instruments evidencing any such Senior Indebtedness may have been issued, ratably as aforesaid, for application to the payment of all Senior Indebtedness remaining
          unpaid until all such Senior Indebtedness shall have been paid in full, after giving effect to any concurrent payment or distribution (or provision therefor) to the holders of such Senior Indebtedness.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Disputes with Holders of Certain Senior Indebtedness</u>.&#160; Any failure by the Issuer to make any payment on or perform any other obligation under Senior Indebtedness, other than any indebtedness incurred by the Issuer or assumed
          or guaranteed, directly or indirectly, by the Issuer for money borrowed (or any deferral, renewal, extension or refunding thereof) or any indebtedness or obligation as to which the provisions of this Section 6.2 shall have been waived by the
          Issuer in the instrument or instruments by which the Issuer incurred, assumed, guaranteed or otherwise created such indebtedness or obligation, shall not be deemed a default or event of default under Section 6.1(b)(ii) if (1) the Issuer shall be
          disputing its obligation to make such payment or perform such obligation and (2) either (i) no final judgment relating to such dispute shall have been issued against the Issuer, which is in full force and effect and is not subject to further
          review, including a judgment that has become final by reason of the expiration of the time within which a party may seek further appeal or review or (ii) in the event of a judgment that is subject to further review or appeal has been issued, the
          Issuer shall in good faith be prosecuting an appeal or other proceeding for review and a stay of execution shall have been obtained pending such appeal or review.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Subrogation</u>.&#160; Subject to the payment in full of all Senior Indebtedness, the Holders of the Notes shall be subrogated (equally and ratably with the holders of all obligations of the Issuer which by their express terms are
          subordinated to Senior Indebtedness of the Issuer to the same extent as the Notes are subordinated and which are entitled to like rights of subrogation) to the rights of the holders of Senior Indebtedness to receive payments or distributions of
          cash, property or securities of the Issuer applicable to the Senior Indebtedness until all amounts owing on the Notes shall be paid in full, and as between the Issuer, its creditors other than holders of such Senior Indebtedness and the Holders,
          no such payment or distribution made to the holders of Senior Indebtedness by virtue of this Article that otherwise would have been made to the Holders shall be deemed to be a payment by the Issuer on account of such Senior Indebtedness, it being
          understood that the provisions of this Article are and are intended solely for the purpose of defining the relative rights of the Holders, on the one hand, and the holders of Senior Indebtedness, on the other hand.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
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        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">15</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.4.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Obligation of Issuer Unconditional</u>.&#160; (a)&#160; Nothing contained in this Article or elsewhere in this Indenture or in the Notes is intended to or shall impair, as among the Issuer, its creditors other than the holders of Senior
          Indebtedness and the Holders, the obligation of the Issuer, which is absolute and unconditional, to pay to the Holders the principal of and interest on the Notes as and when the same shall become due and payable in accordance with their terms, or
          is intended to or shall affect the relative rights of the Holders and creditors of the Issuer other than the holders of Senior Indebtedness, nor shall anything herein or therein prevent the Trustee or any Holder from exercising all remedies
          otherwise permitted by applicable law upon default under this Indenture, subject to the rights, if any, under this Article of the holders of Senior Indebtedness in respect of cash, property or securities of the Issuer received upon the exercise
          of any such remedy.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">Upon payment or distribution of assets of the Issuer referred to in this Article, the Trustee and the Holders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which any such dissolution,
          winding up, liquidation or reorganization proceeding affecting the affairs of the Issuer is pending or upon a certificate of the trustee in bankruptcy, receiver, receiver and manager, assignee for the benefit of creditors, liquidating trustee or
          agent or other person making any payment or distribution, delivered to the Trustee or to the Holders, for the purpose of ascertaining the persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness and
          other indebtedness of the Issuer, the amount thereof or payable thereon, the amount paid or distributed thereon and all other facts pertinent thereto or to this Article.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.5.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Payments on Notes Permitted</u>.&#160; Nothing contained in this Article or elsewhere in this Indenture or in the Notes shall affect the obligations of the Issuer to make, or prevent the Issuer from making, payment of the principal
          of or interest on the Notes in accordance with the provisions hereof and thereof, except as otherwise provided in this Article.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.6.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Effectuation of Subordination by Trustee</u>.&#160; Each Holder of Notes, by its acceptance thereof, authorizes and directs the Trustee on its behalf to take such action as may be necessary or appropriate to effectuate the
          subordination provided in this Article and appoints the Trustee its attorney-in-fact for any and all such purposes.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.7.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Knowledge of Trustee</u>.&#160; Notwithstanding the provisions of this Article or any other provisions of this Indenture, the Trustee shall not be charged with knowledge of the existence of any facts that would prohibit the making of
          any payment of moneys to or by the Trustee, or the taking of any other action by the Trustee, unless and until the Trustee shall have received written notice thereof mailed or delivered to the Trustee from the Issuer, any Holder, any paying agent
          or the holder or representative of any class of Senior Indebtedness; <font style="font-style: italic;">provided</font> that if at least three Business Days prior to the date upon which by the terms hereof any such moneys may become payable for
          any purpose (including, without limitation, the payment of the principal or interest on any Note) the Trustee shall not have received with respect to such moneys the notice provided for in this Section 6.7, then, anything herein contained to the
          contrary notwithstanding, the Trustee shall have full power and authority to receive such moneys and to apply the same to the purpose for which they were received and shall not be affected by any notice to the contrary that may be received by it
          within three Business Days prior to or on or after such date.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
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        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">16</font></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.8.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Trustee May Hold Senior Indebtedness</u>.&#160; The Trustee shall be entitled to all the rights set forth in this Article with respect to any Senior Indebtedness at the time held by it, to the same extent as any other holder of
          Senior Indebtedness, and nothing in the Original Indenture or elsewhere in this Indenture shall deprive the Trustee of any of its rights as such holder.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.9.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Rights of Holders of Senior Indebtedness Not Impaired</u>.&#160; (a)&#160; No right of any present or future holder of any Senior Indebtedness to enforce the subordination herein shall at any time or in any way be prejudiced or impaired
          by any act or failure to act on the part of the Issuer or by any noncompliance by the Issuer with the terms, provisions and covenants of this Indenture, regardless of any knowledge thereof any such holder may have or be otherwise charged with.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">With respect to the holders of Senior Indebtedness, (i) the duties and obligations of the Trustee shall be determined solely by the express provisions of this Indenture, (ii) the Trustee shall not be liable except for the performance of such
          duties and obligations as are specifically set forth in this Indenture, (iii) no implied covenants or obligations shall be read into this Indenture against the Trustee and (iv) the Trustee shall not be deemed to be a fiduciary as to such holders.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.10.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Article Applicable to Paying Agents</u>.&#160; In case at any time any paying agent other than the Trustee shall have been appointed by the Issuer and be then acting hereunder, the term &#8220;Trustee&#8221; as used in this Article shall in such
          case (unless the context shall require not otherwise) be construed as extending to and including such paying agent within its meaning as fully for all intents and purposes as if such paying agent were named in this Article in addition to or in
          place of the Trustee; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that Sections 6.7 and 6.8 shall not apply to the Issuer if it acts as its own paying agent.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 6.11.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Trustee; Compensation Not Prejudiced</u>.&#160; Nothing in this Article shall apply to claims of, or payments to, the Trustee pursuant to Section 6.7 of the Original Indenture.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 7</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 7.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Merger, Amalgamation, Consolidation, Sale, Lease or Conveyance</u>.&#160; This Section 7.1 supersedes and replaces Section 8.1 of the Original Indenture with respect to the Notes, and references to &#8220;Section 8.1&#8221; of the Original
          Indenture shall instead refer to this &#8220;Section 7.1&#8221; of this First Supplemental Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">The Issuer shall not merge, amalgamate or consolidate with any other Person or sell, lease or convey all or substantially all of its assets to any Person, unless:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">17</font></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(i)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the Issuer shall be the continuing Person, or the successor corporation or Person that acquires all or substantially all the assets of the Issuer shall expressly assume all of the covenants to be performed and
          conditions to be observed by the Issuer under the Indenture by supplemental indenture reasonably satisfactory to the Trustee executed and delivered to the Trustee by such Person;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(ii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">immediately after such merger, amalgamation, consolidation, sale, lease or conveyance the Issuer or such successor Person must not be in default in the performance of the covenants and conditions of the Indenture to be
          performed or observed by the Issuer; and</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">the Issuer shall deliver to the Trustee an Officer&#8217;s Certificate and an Opinion of Counsel, each stating that such consolidation, amalgamation, merger, conveyance, transfer or lease and, if a supplemental indenture is
          required in connection with such transaction, such supplemental indenture, comply with this Section 7.1 and that all conditions precedent herein provided for relating to such transaction have been complied with.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 8</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Additional Covenant</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 8.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Additional Covenant</u>.&#160; The Issuer covenants for the benefit of Holders of Notes, that for so long as the Conversion Preferred Shares issuable upon the Automatic Conversion are issuable or outstanding, the Issuer will not
          create or issue any Preferred Shares which, in the event of insolvency, liquidation, dissolution or winding-up of the Issuer, would rank in right of payment in priority to such Conversion Preferred Shares.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 9</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Events of Default</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 9.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Events of Default</u>.&#160; (a)&#160; With respect to the Notes, &#8220;Event of Default&#8221; means any one of the following events (whatever the reason for such Event of Default and whether it shall be occasioned by provisions of Article 6 of
          this First Supplemental Indenture or be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulations of any administrative or governmental body):</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(i)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">default on the payment of principal or premium, if any, when due and payable;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(ii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">default on the payment of interest when due and payable and such default continues for 30 days; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that if the Issuer,
          at its sole option, elects to defer interest payments pursuant to Article 5 of this First Supplemental Indenture, the date on which such payment is due and payable shall be the date on which the Issuer is required to make payment following such
          deferral;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">18</font></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iii)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">default in the performance of Section 7.1 of this First Supplemental Indenture; or</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(iv)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">default in the performance of, or breaches of, any covenant of the Issuer under the Indenture (other than a covenant or a default in whose performance or breach is specifically dealt with in clause (i), (ii) or (iii)
          above), and such default or breach continues for a period of 90 days after there has been given written notice by registered or certified mail, to the Issuer by the Trustee, or to the Issuer and the Trustee by the Holders of at least 25.00% in
          principal amount of the Notes, specifying such default or breach and requiring it to be remedied.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">This Section 9.1 supersedes and replaces Section 5.1 of the Original Indenture with respect to the Notes.&#160; References to &#8220;Section 5.1&#8221; of the Original Indenture shall instead refer to this &#8220;Section 9.1&#8221; of this First Supplemental Indenture;
          references to &#8220;Section 5.1(3)&#8221; of the Original Indenture shall refer to &#8220;Section 9.1(a)(iv)&#8221; of this First Supplemental Indenture; and references to &#8220;clause (1) or (2) of Section 5.1&#8221; in the Original Indenture shall be deemed to refer to &#8220;clause
          (i) or (ii) of Section 9.1(a)&#8221; of this First Supplemental Indenture.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 10</div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Amendment, Supplement and Waiver</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 10.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Without the Consent of Holders</u>.&#160; This Section 10.1 supersedes and replaces Section 10.1 of the Original Indenture with respect to the Notes, and references to &#8220;Section 10.1&#8221; of the Original Indenture shall instead refer to
          this &#8220;Section 10.1&#8221; of this Third Supplemental Indenture.&#160; At any time and from time to time the Issuer and the Trustee may, without the consent of any Holders, and they shall when required by the Indenture, amend or supplement the Indenture or
          the Notes, for any of the following purposes:</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(a)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to evidence the succession of another Person to the Issuer and the assumption by such successor of the covenants of the Issuer in the Indenture and the Notes in accordance with Section 7.1 of this First Supplemental
          Indenture;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(b)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to add or amend the covenants of the Issuer or any other obligor for the benefit of holders of the Notes or surrender any right or power under the Indenture conferred upon the Issuer;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(c)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to add any additional Events of Default for the benefit of the Holders of the Notes;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(d)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to secure the Notes or add guarantees with respect to the Notes;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(e)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to evidence and provide for the acceptance of appointment by a successor Trustee or to add or change any of the provisions of the Indenture as shall be necessary to provide for or facilitate the administration of the trusts
          by multiple Trustees or the removal of one or more of the Trustees;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">19</font></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(f)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to cure any ambiguity, to correct or supplement any provision of the Indenture which may be defective or inconsistent with any other provisions of the Indenture, or to make any other provisions with respect to matters
          or questions arising under the Indenture; <font style="font-style: italic;">provided </font>that such action pursuant to this clause (g) shall not adversely affect the interests of Holders of the Notes in any material respect;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(g)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to give effect to any Extraordinary Resolution or Ordinary Resolution;</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(h)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to conform the text of the Indenture or the terms of the Notes to the &#8220;Description of the Notes&#8221; in the Prospectus; or</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">(i)</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);">to make any other change that does not adversely affect the interests of Holders of Notes in any material respect.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 11</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Indenture Supplemental to Original Indenture</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 11.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Indenture Supplemental to Original Indenture</u>.&#160; This First Supplemental Indenture is supplemental to the Original Indenture within the meaning of the Original Indenture.&#160; The Original Indenture, all indentures supplemental
          thereto and this First Supplemental Indenture shall, subject to Section 10.4 of the Original Indenture, be read together and have the effect so far as practicable as though all the provisions thereof and hereof were contained in one instrument.&#160;
          The terms and provisions contained in this First Supplemental Indenture will constitute, and are hereby expressly made a part of, the Original Indenture.&#160; The Issuer and the Trustee, by their execution and delivery of this First Supplemental
          Indenture, expressly agree to such terms and provisions and to be bound thereby; <font style="font-style: italic;">provided</font>, <font style="font-style: italic;">however</font>, that the provisions of this First Supplemental Indenture shall
          apply solely with respect to the Notes and that, except as expressly supplemented hereby with respect to the Notes, the Original Indenture shall continue in full force and effect and is in all respects confirmed, ratified and preserved.&#160; The
          Original Indenture and this First Supplemental Indenture shall be read, taken and construed as one and the same instrument.&#160; In the event that any provision of this First Supplemental Indenture expressly limits, qualifies or conflicts with a
          provision of the Original Indenture, such provision of this First Supplemental Indenture shall control.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 12</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Acceptance of Trusts by Trustee</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 12.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Acceptance of Trusts by Trustee</u>.&#160; The Trustee hereby accepts the trusts and duties declared and provided for in, and as otherwise contemplated by, this First Supplemental Indenture and hereby agrees to perform the same upon
          the terms and conditions set forth herein and as contemplated hereby and in the Original Indenture, in each case as supplemented or amended from time to time.</font></div>
      <div style="text-align: center; font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
        <div style="text-align: right;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">20</font></div>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">ARTICLE 13</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;"><u>Miscellaneous</u></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.1.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;"> </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Confirmation of Trust Indenture</u>. The Original Indenture, as supplemented and amended by this First Supplemental Indenture, is in all respects ratified, confirmed and approved.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.2.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>No Conflict of Interest</u>. The Trustee represents to the Issuer that, at the date of the execution and delivery of this First Supplemental Indenture, there exists no material conflict of interest between the role of the
          Trustee as a fiduciary hereunder and the Trustee&#8217;s role in any other capacity.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.3.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Counterparts</u>.&#160; This First Supplemental Indenture may be executed in any number of counterparts, and may be delivered originally or electronically, including by e-mail in portable document format, and each such original or
          electronic copy, when so executed and delivered shall be deemed to be an original and all of which taken together shall constitute one and the same instrument.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.4.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Governing Law</u>.&#160; This First Supplemental Indenture and the Notes shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein, without regard to
          conflicts of laws principles thereof, and will be treated in all respects as Ontario contracts, and each of the Issuer, the Trustee and, by their acceptance of Notes and the benefits of this Indenture, the Holders from time to time submit to the
          non-exclusive jurisdiction of the courts of the Province of Ontario.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
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      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.5.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Benefits of Indenture</u>.&#160; Nothing in this First Supplemental Indenture or in the Notes, express or implied, shall give to any Person, other than the parties hereto, any Authenticating Agent, any Paying Agent, any Registrar and
          their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this First Supplemental Indenture.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
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      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.6.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160;<u></u></font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Severability</u>.&#160; In case any provision in this First Supplemental Indenture or in any of the Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in
          any way be affected or impaired thereby.</font></div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;"><br>
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      <div style="text-align: justify; text-indent: 72pt;"><font style="font-size: 10pt; color: rgb(0, 0, 0);">SECTION 13.7.</font><font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 10pt;">&#160;&#160;&#160;&#160; </font><font style="font-size: 10pt; color: rgb(0, 0, 0);"><u>Successors and Assigns</u>.&#160; All covenants and agreements in this First Supplemental Indenture by the Issuer shall bind its successors and assigns, whether so expressed or not.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">[<font style="font-style: italic;">Remainder of page intentionally left blank; signature page follows</font>]</div>
      <div style="font-size: 10pt;"><br>
      </div>
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      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">IN WITNESS WHEREOF, the parties hereto have executed this First Supplemental Indenture under the hands of their proper officers duly authorized in that behalf.</div>
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              <div style="color: rgb(0, 0, 0); font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
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              <div>By:</div>
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                <div>/s/ Arun Banskota</div>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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              <div>Name:</div>
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              <div>Arun Banskota</div>
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              <div>President and Chief Executive Officer</div>
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              <div>By:</div>
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              <div>
                <div>/s/ Arthur Kacprzak</div>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Name:</div>
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              <div>Arthur Kacprzak</div>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Title:</div>
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              <div>Chief Financial Officer</div>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="vertical-align: middle; font-size: 10pt;" colspan="3">&#160;</td>
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              <div style="color: rgb(0, 0, 0); font-weight: bold;">TSX TRUST COMPANY</div>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;" rowspan="1">&#160;</td>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3" rowspan="1">&#160;</td>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">
              <div>By:</div>
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                <div>/s/ Marcus Boire</div>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Name:</div>
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              <div>Marcus Boire</div>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Title:</div>
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            <td style="width: 42%; vertical-align: bottom; font-size: 10pt;">
              <div>Authorized Signatory</div>
            </td>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: middle; font-size: 10pt;">&#160;</td>
            <td style="vertical-align: middle; font-size: 10pt;" colspan="2">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">
              <div>By:</div>
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              <div>
                <div>/s/ Geralyn Krowles</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Name:</div>
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            <td style="width: 42%; vertical-align: bottom; font-size: 10pt;">
              <div>Geralyn Krowles</div>
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          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
              <div>Title:</div>
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            <td style="width: 42%; vertical-align: bottom; font-size: 10pt;">
              <div>Authorized Signatory</div>
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      <div style="font-size: 10pt;"><br>
      </div>
      <div style="font-size: 10pt;">
        <div style="text-align: center;">[<font style="font-style: italic;">Signature page to the First Supplemental Indenture</font>]</div>
      </div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
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      <!--PROfilePageNumberReset%Num%1%Exh. A-%%-->
      <div style="text-align: right; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">Exhibit A</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">FORM OF GLOBAL NOTE</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;"> <br>
      </div>
      <div style="text-align: justify; font-size: 10pt;">UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF CDS CLEARING AND DEPOSITORY SERVICES INC. (&#8220;<font style="font-weight: bold;">CDS</font>&#8221;) TO ALGONQUIN POWER &amp; UTILITIES
        CORP. OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IN RESPECT THEREOF IS REGISTERED IN THE NAME OF CDS &amp; CO., OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF CDS (AND ANY
        PAYMENT IS MADE TO CDS &amp; CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF CDS), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED HOLDER HEREOF,
        CDS &amp; CO., HAS A PROPERTY INTEREST IN THE SECURITIES REPRESENTED BY THIS CERTIFICATE HEREIN AND IT IS A VIOLATION OF ITS RIGHTS FOR ANOTHER PERSON TO HOLD, TRANSFER OR DEAL WITH THIS CERTIFICATE.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="font-size: 10pt;">No. &#9679;</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">(a company established under the laws of Canada)</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: center; font-size: 10pt;">5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A Due January 18, 2082</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="font-size: 10pt;">
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            <tr>
              <td style="width: 50.00%;">CUSIP:&#160; <font style="color: rgb(0, 0, 0);">015857AG0&#160;</font></td>
              <td style="width: 50%; text-align: right;"><font style="color: rgb(0, 0, 0);">ISIN:&#160; CA015857AG06</font></td>
            </tr>

        </table>
      </div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-family: 'Times New Roman', serif; font-size: 11pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold; color: rgb(0, 0, 0);">ALGONQUIN POWER &amp; UTILITIES CORP.</font><font style="font-family: 'Times New Roman'; font-size: 10pt;"> (the <font style="color: rgb(0, 0, 0);">&#8220;</font><font style="font-weight: bold; color: rgb(0, 0, 0);">Issuer</font><font style="color: rgb(0, 0, 0);">&#8221;</font>) for value received hereby
          acknowledges itself indebted and promises to pay to the registered holder hereof (the &#8220;<font style="font-weight: bold;">Holder</font>&#8221;) on January 18, 2082, or on such earlier date as the principal amount hereof may become due in accordance with
          the provisions of the Indenture hereinafter mentioned, the principal sum of $&#9679; in lawful money of Canada on presentation and surrender of this Note (as defined below) at the principal office of the Trustee in the City of Toronto, Ontario or such
          other location as it may designate from time to time, and to pay interest on the principal amount hereof from, and including, the date hereof, or from, and including, the last Interest Payment Date (as defined in the Indenture) to which interest
          shall have been paid or made available for payment on the outstanding Notes, whichever is later, at the rate of 5.250% per annum from January 18, 2022 to, but excluding, January 18, 2032.&#160; On January 18, 2032 and on every Interest Reset Date (as
          defined in the Indenture)<font style="color: rgb(255, 0, 0);">&#160;</font>thereafter, the interest rate on the Notes shall be reset, and the Notes will bear interest at a rate per annum equal to the 5-Year Government of Canada Yield (as defined in
          the Indenture) on the Interest Rate Calculation Date (as defined in the Indenture) for such Interest Reset Date plus, (i) for the period from, and including, January 18, 2032 to, but excluding, January 18, 2052, 3.717%, and (ii) for the period
          from, and including, January 18, 2052 to, but excluding, the Maturity Date, 4.467%, in each case, to be reset on each Interest Reset Date.&#160; Subject to Article 5 of the first supplemental indenture referred to below, (i) interest will be payable
          semi-annually in arrears on each Interest Payment Date (or the next following Business Day if such date is not a Business Day), commencing on July 18, 2022 and (ii) interest as aforesaid shall be payable after as well as before default, with
          interest on overdue interest, in like money, at the same rates and on the same dates.</font></div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 9pt; margin-bottom: 9pt;">
        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Exh. A-1</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">This Note is one of the 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A due January 18, 2082 (the &#8220;<font style="font-weight: bold;">Notes</font>&#8221;) of the
        Issuer issued or issuable under the provisions of an indenture made as of January 18, 2022, between the Issuer and TSX Trust Company as the Trustee, the Registrar and the Transfer Agent (the &#8220;<font style="font-weight: bold;">Trustee</font>&#8221;), as
        supplemented by the first supplemental indenture dated as of January 18, 2022, between the Issuer and the Trustee (which indenture as so supplemented is herein referred to as the &#8220;<font style="font-weight: bold;">Indenture</font>&#8221;).&#160; The Notes
        issuable under the Indenture are unlimited in principal amount.&#160; Reference is hereby expressly made to the Indenture for a description of the terms and conditions upon which the Notes are or are to be issued and held and the rights, remedies and
        obligations of the holders of the Notes, of the Issuer and of the Trustee in respect thereof, all to the same effect as if the provisions of the Indenture were herein set forth, to all of which provisions the Holder by acceptance hereof
        acknowledges and assents.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">So long as no Event of Default (as defined in the Indenture) has occurred and is continuing, the Issuer may elect, at its sole option, at any date other than an Interest Payment
        Date, to defer the interest payable on the Notes on one or more occasions for up to five consecutive years (a &#8220;<font style="font-weight: bold;">Deferral Period</font>&#8221;).&#160; There shall be no limit on the number of Deferral Periods that may occur.&#160;
        Such deferral will not constitute an Event of Default or any other breach under the Indenture and the Notes.&#160; Interest that is deferred or otherwise not paid will accrue, compounding to the extent permitted by law on each subsequent Interest
        Payment Date at the interest rate applicable for the immediately preceding interest period, until paid.&#160; A Deferral Period terminates on any Interest Payment Date on which the Issuer pays all accrued and unpaid interest on such date.&#160; No Deferral
        Period may extend beyond the Maturity Date and for greater certainty, all accrued and unpaid interest shall be due and payable at the Maturity Date.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The Notes are issuable only as fully registered global Notes in minimum denominations of $2,000.00 and integral multiples of $1,000.00 in excess thereof.&#160; Upon compliance with the
        provisions of the Indenture, the Notes of any denomination may be exchanged for an equal aggregate principal amount of the Notes in any other authorized denomination or denominations. The Notes are direct obligations of the Issuer but are not
        secured by any mortgage, pledge, hypothec or other charge.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The indebtedness evidenced by this Note<font style="color: rgb(0, 0, 0);">&#160;</font>and by all other Notes now or hereafter certified and delivered under the Indenture is
        subordinated and subject in right of payment, to the extent and in the manner provided in the Indenture, to the prior payment in full of all present and future Senior Indebtedness (as defined in the Indenture), whether outstanding at the date of
        the Indenture or thereafter created, incurred, assumed or guaranteed.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The right is reserved to the Issuer to purchase or redeem the Notes for cancellation, and in certain circumstances the Issuer will be required to redeem the Notes, in all cases in
        accordance with the provisions of the Indenture.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The Notes will be automatically converted into Conversion Preferred Shares (as defined in the Indenture) upon an Automatic Conversion Event (as defined in the Indenture), in the
        manner, with the effect and as of the effective time contemplated in the Indenture.</div>
      <div style="font-size: 10pt;"><br>
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      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">The Indenture contains provisions making binding upon all Holders of the Notes outstanding thereunder resolutions passed at meetings of Holders of the Notes held in accordance with
        such provisions and instruments signed by the Holders of a specified majority of the Notes.</div>
      <div style="font-size: 10pt;"><br>
      </div>
      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">This Note may only be transferred, upon compliance with the conditions prescribed in the Indenture, in one of the registers to be kept at the principal office of the Trustee or
        other registrar in the City of Toronto, Ontario by the Holder or such Holder<font style="color: rgb(0, 0, 0);">&#8217;</font>s executors or administrators or other legal representatives or such Holder<font style="color: rgb(0, 0, 0);">&#8217;</font>s attorney
        duly appointed by an instrument in form and substance satisfactory to the Trustee or other registrar, and upon compliance with such reasonable requirements as the Trustee and/or other registrar may prescribe.</div>
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      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">This Note shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein.</div>
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      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">This Note shall not become obligatory for any purpose until it shall have been authenticated by the Trustee in accordance with the Indenture.</div>
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      <div style="text-align: justify; text-indent: 72pt; font-size: 10pt;">IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed as of<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>, 2022.</div>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="vertical-align: top; font-size: 10pt;" colspan="3">
              <div style="color: rgb(0, 0, 0); font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: middle; font-size: 10pt;">&#160;</td>
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          <tr>
            <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">
              <div>By:</div>
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            <td style="vertical-align: bottom; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" colspan="2">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <td style="width: 42.46%; vertical-align: bottom; border-top: 1px solid rgb(0, 0, 0); font-size: 10pt;">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <td style="width: 5%; vertical-align: bottom; font-size: 10pt;">
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 3%; vertical-align: top; font-size: 10pt;">&#160;</td>
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      <div style="text-align: center; font-size: 10pt;">(FORM OF TRUSTEE<font style="color: rgb(0, 0, 0);">&#8217;</font>S CERTIFICATE)</div>
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      <div style="text-align: justify; font-size: 10pt;">This Note is one of the 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes Series 2022-A due January 18, 2082 referred to in the Indenture within mentioned.</div>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">TSX TRUST COMPANY</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">, as
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="vertical-align: bottom; font-size: 10pt;" colspan="2">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
            <td style="width: 3%; vertical-align: bottom; font-size: 10pt; padding-bottom: 2px;">
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            <td style="width: 47%; vertical-align: bottom; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 50%; vertical-align: top; font-size: 10pt;">&#160;</td>
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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">(FORM OF REGISTRATION PANEL)</div>
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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">(NO WRITING HEREON EXCEPT BY THE TRUSTEE OR OTHER REGISTRAR)</div>
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              <td style="width: 50.00%;">No. &#9679;</td>
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      <div style="text-align: center; font-size: 10pt; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
      <div style="text-align: center; font-size: 10pt;">(A corporation existing under the laws of Canada)</div>
      <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 11pt;"><font style="font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">5.250%</font><font style="font-family: 'Times New Roman'; font-size: 10pt;">&#160;<font style="font-weight: bold;">FIXED-TO-FIXED RESET RATE JUNIOR SUBORDINATED NOTES, SERIES 2022-A</font>&#160;<font style="font-weight: bold;">DUE JANUARY 18, 2082</font></font></div>
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              <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">DATE OF</div>
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              <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">IN WHOSE</div>
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              <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt;">NOTES</div>
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              <div style="text-align: center; color: rgb(0, 0, 0);">January 18, 2022</div>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.8%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.4%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.8%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.4%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.8%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.8%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.4%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 16.22%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 14.8%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.4%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 13.45%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 20%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 13.45%; vertical-align: top; font-size: 10pt; border-top: 2px solid rgb(0, 0, 0); border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
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            <td style="width: 23.08%; vertical-align: top; font-size: 10pt; border-width: 2px; border-style: solid; border-color: rgb(0, 0, 0);">&#160;</td>
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        <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Exh. A-5</font></div>
        <div id="DSPFPageBreak" style="page-break-after:always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
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      <div style="text-align: center; font-size: 10pt;">(FORM OF ASSIGNMENT)</div>
      <div style="text-align: center; font-size: 10pt;"> <br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 10pt; font-weight: bold;">ASSIGNMENT</div>
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      <div style="text-align: justify; font-size: 10pt;">FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto _______________, whose address and social insurance number, if applicable are set forth below, this Note (or
        $_______________ principal amount hereof) of ALGONQUIN POWER &amp; UTILITIES CORP. standing in the name(s) of the undersigned in the register maintained by or on behalf of Algonquin Power &amp; Utilities Corp. with respect to such Note and does
        hereby irrevocably authorize and direct the Trustee to transfer such Note in such register, with full power of substitution in the premises.</div>
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              <td style="width: 8%; padding-bottom: 2px;"><font style="font-size: 10pt;">Dated:</font></td>
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                <div>&#160;</div>
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              <td style="width: 25%; padding-bottom: 2px;"><font style="font-size: 10pt;">Address of Transferee:</font></td>
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                <div>&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 25%;" rowspan="1">&#160;</td>
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                <div style="text-align: center; font-size: 10pt;">(Street Address, City, Province and Postal Code)</div>
              </td>
            </tr>

        </table>
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      </div>
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            <tr>
              <td style="width: 50%; padding-bottom: 2px;"><font style="font-size: 10pt;">Social Insurance Number of Transferee, if applicable:</font><font style="text-indent: 0px; font-size: 10pt;"> <br>
                </font></td>
              <td style="width: 50%; border-bottom: 2px solid rgb(0, 0, 0);">
                <div>&#160;</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="font-size: 10pt;"><br>
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          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-size: 10pt;">1.</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div>The signature(s) to this assignment must correspond with the name(s) as written upon the face of the Note in every particular without alteration or any change whatsoever. The signature(s) must be guaranteed by a Canadian chartered bank
                or trust company or by a member of an acceptable Medallion Guarantee Program. Notarized or witnessed signatures are not acceptable as guaranteed signatures. The Guarantor must affix a stamp bearing the actual words: &#8220;SIGNATURE GUARANTEED&#8221;.</div>
            </td>
          </tr>

      </table>
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          <tr>
            <td style="width: 18pt; font-size: 10pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-size: 10pt;">2.</td>
            <td style="width: auto; vertical-align: top; text-align: justify; font-size: 10pt;">
              <div>The registered holder of this Note is responsible for the payment of any documentary, stamp or other transfer taxes that may be payable in respect of the transfer of this Note.</div>
            </td>
          </tr>

      </table>
      <div style="font-size: 10pt;"><br>
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      <div style="text-align: justify; font-size: 10pt;">Signature of Guarantor:</div>
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            <td style="width: 7.69%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;">&#160;</td>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
          </tr>
          <tr>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt;">
              <div>Authorized Officer</div>
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              <div>Signature of transferring registered holder</div>
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          <tr>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 7.69%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1">&#160;</td>
            <td style="width: 7.69%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;" rowspan="1">&#160;</td>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt; padding-bottom: 2px;" rowspan="1">&#160;</td>
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          <tr>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt;">
              <div>Name of Institution</div>
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            <td style="width: 7.69%; vertical-align: top; font-size: 10pt;">&#160;</td>
            <td style="width: 46.15%; vertical-align: top; font-size: 10pt;">&#160;</td>
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      </div>
      <div style="font-size: 10pt;"><br>
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      <div style="font-size: 10pt; text-align: center;"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">Exh. A-6</font></div>
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        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>brhc10032853_ex99-4.htm
<DESCRIPTION>EXHIBIT 99.4
<TEXT>
<html>
  <head>
    <title></title>
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  <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
  <div>
    <div style="text-align: right; font-weight: bold;">Exhibit 99.4</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">PROVISIONS ATTACHING TO</div>
    <div style="text-align: center; font-weight: bold;">FIXED-TO-FIXED PREFERRED SHARES, SERIES H OF</div>
    <div style="text-align: center; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
    <div style="text-indent: 142.35pt; font-weight: bold;"><font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>(the &#8220;Corporation&#8221;)</div>
    <div>&#160;</div>
    <div style="text-align: justify;">The eighth series of preferred shares, designated as Preferred Shares, Series H (the &#8220;<font style="font-weight: bold;">Preferred Shares, Series H</font>&#8221;),
      shall consist of such number of shares as are required to be issued by the Corporation upon the occurrence of an Automatic Conversion Event (as defined below) and which, in addition and subject to the rights, privileges, restrictions and conditions
      attaching to the preferred shares as a class, shall have attached thereto the following rights, privileges, restrictions and conditions.</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">DEFINITION OF TERMS</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The following definitions are relevant to the Preferred Shares, Series H:</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Act</font>&#8221; means the <font style="font-style: italic;">Canada Business Corporations Act</font>;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Automatic Conversion Event</font>&#8221; means an event giving rise to an automatic conversion of Notes &#8212; Series 2022-A, without
      the consent of the holders of such notes and pursuant to the terms and conditions of the Indenture, into Preferred Shares, Series H, and specifically, meaning the occurrence of any one of the following: (i) the making by the Corporation of a general
      assignment for the benefit of its creditors or a proposal (or the filing of a notice of its intention to do so) under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada); (ii) any proceeding instituted by the
      Corporation seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent or, where the Corporation is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment,
      protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an order for the appointment of a receiver, interim receiver, trustee or other similar official for the Corporation
      or any substantial part of its property and assets in circumstances where the Corporation is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent; (iii) a receiver, interim receiver, trustee or other similar official
      is appointed over the Corporation or for any substantial part of its property and assets by a court of competent jurisdiction in circumstances where the Corporation is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or
      insolvent under any law relating to bankruptcy or insolvency in Canada; or (iv) any proceeding is instituted against the Corporation seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, or where the
      Corporation is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an
      order for the appointment of a receiver, interim receiver, trustee or other similar official for the Corporation or any substantial part of its property and assets in circumstances where the Corporation is adjudged as bankrupt or insolvent under any
      law relating to bankruptcy or insolvency in Canada, and either such proceeding has not been stayed or dismissed within sixty (60) days of the institution of any such proceeding or the actions sought in such proceedings occur (including the entry of
      an order for relief against the Corporation or the appointment of a receiver, interim receiver, trustee, or other similar official for it or for any substantial part of its property and assets);</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Board of Directors</font>&#8221; means the board of directors of the Corporation;</div>
    <div>&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 2 -</font></div>
    </div>
    <!--PROfilePageNumberReset%Num%2%- % -%-->
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Business Day</font>&#8221; means a day other than a Saturday or Sunday or civic holiday on which chartered banks are open for
      business in the City of Toronto, Ontario;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Common Shares</font>&#8221; means the common shares of the Corporation;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Dividend Payment</font>&#8221; means dividends payable on a Dividend Payment Date;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Dividend Payment Date</font>&#8221; means January 18 and July 18<font style="font-weight: bold;">&#160;</font>of each year during which
      any Preferred Shares, Series H are issued and outstanding;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Indenture</font>&#8221; means the Indenture, to be dated on or about January 18, 2022, between the Corporation, and TSX Trust
      Company, as trustee (the &#8220;<font style="font-weight: bold;">Trustee</font>&#8221;) as supplemented by the First Supplemental Indenture, to be dated on or about January 18, 2022, between the Corporation and the Trustee;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">ITA</font>&#8221; means the <font style="font-style: italic;">Income Tax Act</font> (Canada) and the regulations thereunder, as
      amended from time to time, and any successor or replacement provision of similar effect;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Notes &#8212; Series 2022-A</font>&#8221; means the 5.250% Fixed-to-Fixed Reset Rate Junior Subordinated Notes &#8212; Series 2022-A due
      January 18, 2082 of the Corporation;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Perpetual Preferred Share Rate</font>&#8221; means the dividend rate payable on the Preferred Shares, Series H from time to time,
      being the same rate as the interest rate which would have accrued on the Notes &#8212; Series 2022-A at any such time if such notes had not been automatically converted into Preferred Shares, Series H upon an Automatic Conversion Event, and had remained
      outstanding; and</div>
    <div>&#160;</div>
    <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Preferred Shares</font>&#8221; means the preferred shares of the Corporation, issuable in series;</div>
    <div>&#160;</div>
    <div style="text-align: justify;">All dollar amounts are in Canadian dollars.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z5962d5a836d24e1989f446afd50e0b48" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">ISSUE PRICE</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The issue price of each of the Preferred Shares, Series H will be $1,000.00.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z2b81a0b302c349a084031cc71a4bcc85" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">DIVIDENDS</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">Holders of Preferred Shares, Series H will be entitled to receive and the Corporation shall pay thereon, cumulative preferential cash dividends, if, as and
      when declared by the Board of Directors, subject to the Act, at the Perpetual Preferred Share Rate, payable on each Dividend Payment Date, subject to any applicable withholding tax.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">The dividends on Preferred Shares, Series H will accrue (but not compound) on a daily basis. If, on any Dividend Payment Date, the dividends accrued to such
      date are not paid in full on all of the Preferred Shares, Series H then issued and outstanding, such dividends, or the unpaid portion thereof, shall be paid on a subsequent date or dates determined by the Board of Directors on which the Corporation
      will have sufficient funds properly available, under the provisions of applicable law and under the provisions of any trust indenture governing bonds, debentures or other securities of the Corporation, for the payment of such dividends.</div>
    <div>&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 3 -</font></div>
    </div>
    <div style="text-align: justify;">Any dividends declared on the Preferred Shares, Series H will (except in case of redemption in which case payment of dividends will be made upon surrender of
      the certificates representing the Preferred Shares, Series H to be redeemed or except as otherwise provided with the consent of a registered holder of Preferred Shares, Series H) be paid by electronic funds transfer or by cheque of or on behalf of
      the Corporation in the lawful money of Canada (less any tax required to be withheld or deducted) and payment thereof shall satisfy such dividends. Each dividend on the Preferred Shares, Series H shall be paid to the registered holders appearing on
      the Corporation&#8217;s registers at the close of business on the first day of the month, whether or not a Business Day, during which a Dividend Payment Date falls.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">The Corporation shall elect, in the manner and within the time provided under section 191.2 of the ITA, or any successor or replacement provision of similar
      effect, and take all other necessary action under the ITA, to pay tax at a rate such that no holder of Preferred Shares, Series H will be required to pay tax under section 187.2 of Part IV.1 of the ITA or any successor or replacement provision of
      similar effect on dividends received on the Preferred Shares, Series H. Nothing in this paragraph shall prevent the Corporation from entering into an agreement with a taxable Canadian corporation with which it is related to transfer all or a portion
      of the Corporation&#8217;s liability for tax under section 191.1 of the ITA to that taxable Canadian corporation in accordance with the provisions of section 191.3 of the ITA.</div>
    <div>&#160;</div>
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        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">4.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">VOTING RIGHTS</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">Except as otherwise required by law or in the conditions attaching to the Preferred Shares as a class, the holders of Preferred Shares, Series H shall not be
      entitled to receive notice of, attend at, or vote at any meeting of shareholders of the Corporation, unless and until the Corporation has failed to pay, in aggregate, four Dividend Payments on the Preferred Shares, Series H, in accordance with the
      terms hereof, regardless of whether (i) the failures to make such Dividend Payments were consecutive, (ii) such dividends were declared or (iii) there were any monies of the Corporation properly applicable to the payment of such dividends. In the
      event of such non-payment, and only for so long as any such dividends remain in arrears, the holders of the Preferred Shares, Series H shall be entitled to receive notice of all meetings of shareholders of the Corporation and to attend thereat (other
      than a separate meeting of the holders of another series or class of shares), and shall at any such meeting be entitled to vote together with all of the voting shares of the Corporation (except when the vote of the holders of shares of any other
      class or series is to be taken separately and as a class or series) on the basis of four one-hundredths of a vote in respect of each $1.00 of the issue price of each Preferred Share, Series H held by such holder.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">In connection with any action to be taken by the Corporation which requires the approval of the holders of the Preferred Shares, Series H voting as a series or
      as part of the class of Preferred Shares, each $1.00 of the issue price of each such Preferred Share, Series H will entitle the holder thereto to four one-hundredths of a vote.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zcaf4a3f00bd742f285b15285b842edd9" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">5.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">REDEMPTION</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The Preferred Shares, Series H will not be redeemable by the Corporation on or prior to October 18, 2031. After that date, but subject to the Act<font style="font-style: italic;">&#160;</font>and the provisions described below under Article 8, the Corporation may redeem at any time all, or from time to time any part, of the then-outstanding Preferred Shares, Series H, at the Corporation&#8217;s option
      without the consent of the holders, by the payment of an amount in cash for each such share so redeemed of $1,000.00 together with all accrued and unpaid dividends up to but excluding the date fixed for redemption, subject to any applicable
      withholding tax.</div>
    <div>&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 4 -</font></div>
    </div>
    <div style="text-align: justify;">Where a part only of the then-outstanding Preferred Shares, Series H is at any time to be redeemed, the Preferred Shares, Series H to be redeemed will be
      redeemed <font style="font-style: italic;">pro rata</font>, disregarding fractions or in such other manner as the Board of Directors determines.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">Written notice of any redemption will be given by the Corporation to registered holders of Preferred Shares, Series H at least thirty (30) and not more than
      sixty (60) days prior to the redemption date. The notice of redemption must include the redemption price, the place at which the redemption price is to be paid, and the redemption date, and, if less than all of the Preferred Shares, Series H are to
      be redeemed, the number of shares to be redeemed. On or before the redemption date, the Corporation shall deposit the redemption price of the shares to be redeemed with the transfer agent and registrar for the Preferred Shares, Series H, less any
      applicable withholding tax, to be paid without interest to or to the order of the registered holders of such shares upon presentation and surrender to the transfer agent and registrar of the certificates representing the shares. Such deposit shall be
      deemed to be payment to holders of the Preferred Shares, Series H and shall satisfy and discharge all liability for the redemption price for the shares to be redeemed. Provided such deposit has been made, the shares called for redemption shall, on
      the redemption date, be and be deemed to be redeemed and no longer outstanding. If only a portion of the shares represented by any certificate are to be redeemed, the Corporation, at its sole expense, shall cause a new certificate for the remaining
      portion of shares to be issued and delivered to the holder of such shares. Provided the redemption price is deposited, the shares called for redemption shall from and after the redemption date cease to be entitled to dividends, and holders shall not
      be entitled to exercise any of the other rights of shareholders in respect thereof, and their rights shall be limited to receiving, without interest, their proportionate part of the total redemption price deposited against presentation and surrender
      of the certificates held by them respectively. If the redemption price is not deposited, the rights of holders of the shares called for redemption shall remain unaffected.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z19c64cea3d91440d933dd578b165aed6" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">6.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">PURCHASE FOR CANCELLATION</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">Subject to the provisions described below under Article 8, on or after October 18, 2031, the Corporation may at any time and from time to time purchase for
      cancellation any outstanding Preferred Shares, Series H in the open market, by tender or private contract, at any price, subject to any applicable withholding tax. Any such Preferred Shares, Series H purchased by the Corporation shall be cancelled
      and shall not be reissued.</div>
    <div>&#160;</div>
    <div style="text-align: justify;">In the case of any purchase of shares by tender, the Corporation shall give notice of its intention to invite tenders to all holders of the Preferred Shares,
      Series H by forwarding by prepaid post or delivering the same to each registered holder at their address as it appears on the books of the Corporation or, failing such address, then to the last known address of such shareholder and, if two or more
      tenders of shares at the same price be received, which shares when added to any shares already tendered at a lower price or prices aggregate more than the number of shares to be purchased at such time, the Corporation shall prorate as nearly as
      possible (disregarding fractions) among the holders of Preferred Shares, Series H submitting such tenders at the same price the number of shares necessary to complete the number of shares to be purchased at such time.</div>
    <div style="text-align: justify;"> <br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 5 -</font></div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zc7c9c56e24424ba3a8725e0ed3e04931" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">7.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">RIGHTS ON LIQUIDATION</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">In the event of the liquidation, dissolution or winding-up of the Corporation, holders of the Preferred Shares, Series H shall be entitled to receive $1,000.00
      per share (less any amount that may have been returned to holders as a return of capital), together with all accrued and unpaid dividends up to but excluding the date of payment, subject to any applicable withholding tax, before any amount shall be
      paid or any assets of the Corporation distributed to the holders of Common Shares or any other shares ranking junior to the Preferred Shares, Series H. Upon payment to the registered holders of the Preferred Shares, Series H of the amount payable to
      them pursuant to this Article 7, holders thereof shall not be entitled to share in any further distribution of the property or assets of the Corporation.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z2fa56d4c849d4cffa1a439685050c1ff" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">8.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">RESTRICTIONS ON DIVIDENDS AND RETIREMENT OF SHARES</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">So long as any of the Preferred Shares, Series H are outstanding, the Corporation shall not, without the approval of the holders of the Preferred Shares,
      Series H given in the manner specified under Article 11 below:</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z205400b9847346d488077e0886ab45e7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top;">(a)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>declare any dividend on the Common Shares or any other shares ranking junior to the Preferred Shares, Series H (other than stock dividends on shares ranking junior to the Preferred Shares, Series H);</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z2786b86566074f3dabb3e13206e47c5d" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top;">(b)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>redeem, purchase or otherwise retire any Common Shares or any other shares ranking junior to the Preferred Shares, Series H (except out of the net cash proceeds of a substantially concurrent issue of shares ranking junior to the Preferred
              Shares, Series H); or</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zd402fd9df7fd4515aa291127bfec04eb" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top;">(c)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div>redeem, purchase or otherwise retire: (i) less than all the Preferred Shares, Series H; or (ii) except pursuant to any purchase obligation, sinking fund, retraction privilege or mandatory redemption provisions attaching to any series of
              preferred shares of the Corporation, any other shares ranking on a parity with the Preferred Shares, Series H,</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">unless, in each case, all dividends on the Preferred Shares, Series H and on all other shares ranking prior to or on a parity with the Preferred Shares, Series
      H, have been declared and paid or set apart for payment.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z6dbf81bfcce64d2db043443489ea9ade" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">9.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">ISSUE OF ADDITIONAL SERIES OF PREFERRED SHARES</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The Corporation may issue other series of preferred shares ranking on a parity with the Preferred Shares, Series H without the authorization of the holders of
      the Preferred Shares, Series H as a series provided that at the date of such issuance all cumulative dividends up to and including the Dividend Payment Date for the last completed period for which dividends shall be payable shall have been declared
      and paid or set aside for payment in respect of the Preferred Shares, Series H.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z310d8d0b4392498abf78d31b493cad95" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">10.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">AMENDMENTS TO PREFERRED SHARES, SERIES H</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The Corporation will not, without the approval of holders of the Preferred Shares, Series H or, if applicable, of the Notes-Series 2022-A given as provided in
      Article 11 below, delete or vary any rights, privileges, restrictions and conditions attaching to the Preferred Shares, Series H.</div>
    <div>&#160;</div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 6 -</font></div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z96cb06dc31b34373a7bf210f9fdf20ab" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">11.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">APPROVALS</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The approval of any amendments to the rights, privileges, restrictions and conditions attaching to the Preferred Shares, Series H may be given by a resolution
      carried by the affirmative vote of not less than 66&#8532;% of the votes cast at a meeting of holders of Preferred Shares, Series H at which at least a majority of the outstanding Preferred Shares, Series H is represented or, if no quorum is present at
      such meeting, at a meeting following such adjourned meeting at which no quorum would apply. At any meeting of holders of Preferred Shares, Series H as a series, each such holder shall be entitled to one vote for each Preferred Share, Series H held.
      For so long as the Notes-Series 2022-A are outstanding, no amendment will be made to the rights, privileges, restrictions and conditions of the Preferred Shares, Series H (other than any amendments relating to the preferred shares of the Corporation
      as a class) without the prior approval of the holders of not less than a majority of the aggregate principal amount of the Notes-Series 2022-A then outstanding.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="zb3791e078c5644b2ae8e513f15a96f2c" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">12.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">BOOK-ENTRY ONLY ISSUE</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">Unless the Corporation directs otherwise, the Preferred Shares, Series H shall be issued and held under the &#8220;book-entry only&#8221; system and shall be represented
      by a single fully-registered permanent global share certificate.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z811dd716b5e445498afa751c5f23e01e" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">13.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">BUSINESS DAYS</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">If any action is required to be taken by the Corporation on a day that is not a Business Day, then such action will be taken on the next succeeding day that is
      a Business Day.</div>
    <div>&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z36556e1ddc604931addc3c8ab4238cb1" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-weight: bold;">14.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-weight: bold;">FRACTIONAL SHARES</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: justify;">The Preferred Shares, Series H may be issued in whole or in fractional shares. Each fractional Preferred Share, Series H shall carry and be subject to the
      rights, privileges, restrictions and conditions (including voting rights and dividend rights) of the Preferred Shares, Series H in proportion to the applicable fractions.</div>
    <div>&#160;</div>
    <div> <br>
    </div>
    <div>
      <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
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<DOCUMENT>
<TYPE>EX-99.5
<SEQUENCE>6
<FILENAME>brhc10032853_ex99-5.htm
<DESCRIPTION>EXHIBIT 99.5
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Broadridge Financial Solutions, Inc.
         Document created using EDGARfilings PROfile 8.0.0.0
         Copyright 1995 - 2022 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">
  <div style="text-align: right; font-weight: bold;">
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">Exhibit 99.5</div>
  <div><br>
  </div>
  <div style="text-align: center; font-weight: bold;">PROVISIONS ATTACHING TO</div>
  <div style="text-align: center; font-weight: bold;">FIXED-TO-FIXED PREFERRED SHARES, SERIES I</div>
  <div style="text-align: center; font-weight: bold;">OF</div>
  <div style="text-align: center; font-weight: bold;">ALGONQUIN POWER &amp; UTILITIES CORP.</div>
  <div style="text-align: center; font-weight: bold;">(the &#8220;Corporation&#8221;)</div>
  <div>&#160;</div>
  <div style="text-align: justify;">The ninth series of preferred shares, designated as Preferred Shares, Series I (the &#8220;<font style="font-weight: bold;">Preferred Shares, Series I</font>&#8221;), shall
    consist of such number of shares as are required to be issued by the Corporation upon the occurrence of an Automatic Conversion Event (as defined below) and which, in addition and subject to the rights, privileges, restrictions and conditions attaching
    to the preferred shares as a class, shall have attached thereto the following rights, privileges, restrictions and conditions.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z53af60cffd5b408595daab0da6a04135" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">1.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">DEFINITION OF TERMS</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The following definitions are relevant to the Preferred Shares, Series I:</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Act</font>&#8221; means the <font style="font-style: italic;">Canada Business Corporations Act</font>;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Automatic Conversion Event</font>&#8221; means an event giving rise to an automatic conversion of Notes &#8212; Series 2022-B, without the
    consent of the holders of such notes and pursuant to the terms and conditions of the Indenture, into Preferred Shares, Series I, and specifically, meaning the occurrence of any one of the following: (i) the making by the Corporation of a general
    assignment for the benefit of its creditors or a proposal (or the filing of a notice of its intention to do so) under the <font style="font-style: italic;">Bankruptcy and Insolvency Act</font> (Canada); (ii) any proceeding instituted by the
    Corporation seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent or, where the Corporation is insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment, protection,
    relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an order for the appointment of a receiver, interim receiver, trustee or other similar official for the Corporation or any
    substantial part of its property and assets in circumstances where the Corporation is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent; (iii) a receiver, interim receiver, trustee or other similar official is
    appointed over the Corporation or for any substantial part of its property and assets by a court of competent jurisdiction in circumstances where the Corporation is adjudged as bankrupt (including any voluntary assignment in bankruptcy) or insolvent
    under any law relating to bankruptcy or insolvency in Canada; or (iv) any proceeding is instituted against the Corporation seeking to adjudicate it as bankrupt (including any voluntary assignment in bankruptcy) or insolvent, or where the Corporation is
    insolvent, seeking liquidation, winding up, dissolution, reorganization, arrangement, adjustment, protection, relief or composition of its debts under any law relating to bankruptcy or insolvency in Canada, or seeking the entry of an order for the
    appointment of a receiver, interim receiver, trustee or other similar official for the Corporation or any substantial part of its property and assets in circumstances where the Corporation is adjudged as bankrupt or insolvent under any law relating to
    bankruptcy or insolvency in Canada, and either such proceeding has not been stayed or dismissed within sixty (60) days of the institution of any such proceeding or the actions sought in such proceedings occur (including the entry of an order for relief
    against the Corporation or the appointment of a receiver, interim receiver, trustee, or other similar official for it or for any substantial part of its property and assets);</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Board of Directors</font>&#8221; means the board of directors of the Corporation;</div>
  <div>&#160;</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 2 -</font></div>
  </div>
  <!--PROfilePageNumberReset%Num%2%- % -%-->
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Business Day</font>&#8221; means a day other than a Saturday or Sunday or civic holiday on which chartered banks are open for
    business in the City of Toronto, Ontario;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Common Shares</font>&#8221; means the common shares of the Corporation;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Dividend Payment</font>&#8221; means dividends payable on a Dividend Payment Date;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Dividend Payment Date</font>&#8221; means January 18 and July 18<font style="font-weight: bold;">&#160;</font>of each year during which
    any Preferred Shares, Series I are issued and outstanding;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Indenture</font>&#8221; means the Indenture, dated as of October 17, 2018, among the Corporation, American Stock Transfer and Trust
    Company, LLC, as U.S. trustee (the &#8220;<font style="font-weight: bold;">U.S. Trustee</font>&#8221;), and TSX Trust Company (as successor to AST Trust Company (Canada)), as Canadian co-trustee (the &#8220;<font style="font-weight: bold;">Canadian Co-Trustee</font>&#8221;)
    as supplemented by the Third Supplemental Indenture, to be dated on or about January 18, 2022, among the Corporation, the U.S. Trustee and the Canadian Co-Trustee;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Notes &#8212; Series 2022-B</font>&#8221; means the 4.750% Fixed-to-Fixed Reset Rate Junior Subordinated Notes &#8212; Series 2022-B due January
    18, 2082 of the Corporation;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Perpetual Preferred Share Rate</font>&#8221; means the dividend rate payable on the Preferred Shares, Series I from time to time,
    being the same rate as the interest rate which would have accrued on the Notes &#8212; Series 2022-B at any such time if such notes had not been automatically converted into Preferred Shares, Series I upon an Automatic Conversion Event, and had remained
    outstanding; and</div>
  <div>&#160;</div>
  <div style="text-align: justify;">&#8220;<font style="font-weight: bold;">Preferred Shares</font>&#8221; means the preferred shares of the Corporation, issuable in series;</div>
  <div>&#160;</div>
  <div style="text-align: justify;">All dollar amounts are in United States dollars.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z86ea6a118c0241abadd99b46e16e2430" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">2.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">ISSUE PRICE</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The issue price of each of the Preferred Shares, Series I will be $1,000.00.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="zd1bb078b47264701b296d3ffe57556e1" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">3.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">DIVIDENDS</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">Holders of Preferred Shares, Series I will be entitled to receive and the Corporation shall pay thereon, cumulative preferential cash dividends, if, as and when
    declared by the Board of Directors, subject to the Act, at the Perpetual Preferred Share Rate, payable on each Dividend Payment Date, subject to any applicable withholding tax.</div>
  <div>&#160;</div>
  <div style="text-align: justify;">The dividends on Preferred Shares, Series I will accrue (but not compound) on a daily basis. If, on any Dividend Payment Date, the dividends accrued to such date
    are not paid in full on all of the Preferred Shares, Series I then issued and outstanding, such dividends, or the unpaid portion thereof, shall be paid on a subsequent date or dates determined by the Board of Directors on which the Corporation will
    have sufficient funds properly available, under the provisions of applicable law and under the provisions of any trust indenture governing bonds, debentures or other securities of the Corporation, for the payment of such dividends.</div>
  <div>&#160;</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 3 -</font></div>
  </div>
  <div style="text-align: justify;">Any dividends declared on the Preferred Shares, Series I will (except in case of redemption in which case payment of dividends will be made upon surrender of the
    certificates representing the Preferred Shares, Series I to be redeemed or except as otherwise provided with the consent of a registered holder of Preferred Shares, Series I) be paid by electronic funds transfer or by cheque of or on behalf of the
    Corporation in lawful money of the United States (less any tax required to be withheld or deducted) and payment thereof shall satisfy such dividends. Each dividend on the Preferred Shares, Series I shall be paid to the registered holders appearing on
    the Corporation&#8217;s registers at the close of business on the first day of the month, whether or not a Business Day, during which a Dividend Payment Date falls.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z8646f3c660c54c9db19d7ff53eb32718" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">4.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">VOTING RIGHTS</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">Except as otherwise required by law or in the conditions attaching to the Preferred Shares as a class, the holders of Preferred Shares, Series I shall not be
    entitled to receive notice of, attend at, or vote at any meeting of shareholders of the Corporation, unless and until the Corporation has failed to pay, in aggregate, four Dividend Payments on the Preferred Shares, Series I, in accordance with the
    terms hereof, regardless of whether (i) the failures to make such Dividend Payments were consecutive, (ii) such dividends were declared or (iii) there were any monies of the Corporation properly applicable to the payment of such dividends. In the event
    of such non-payment, and only for so long as any such dividends remain in arrears, the holders of the Preferred Shares, Series I shall be entitled to receive notice of all meetings of shareholders of the Corporation and to attend thereat (other than a
    separate meeting of the holders of another series or class of shares), and shall at any such meeting be entitled to vote together with all of the voting shares of the Corporation (except when the vote of the holders of shares of any other class or
    series is to be taken separately and as a class or series) on the basis of four one-hundredths of a vote in respect of each $1.00 of the issue price of each Preferred Share, Series I held by such holder.</div>
  <div>&#160;</div>
  <div style="text-align: justify;">In connection with any action to be taken by the Corporation which requires the approval of the holders of the Preferred Shares, Series I voting as a series or
    as part of the class of Preferred Shares, each $1.00 of the issue price of each such Preferred Share, Series I will entitle the holder thereto to four one-hundredths of a vote.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="ze967ef68a0974902853b279f7592c640" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">5.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">REDEMPTION</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The Preferred Shares, Series I will not be redeemable by the Corporation on or prior to January 18, 2027. After that date, but subject to the Act<font style="font-style: italic;">&#160;</font>and the provisions described below under Article 8, the Corporation may redeem at any time all, or from time to time any part, of the then-outstanding Preferred Shares, Series I, at the Corporation&#8217;s option without
    the consent of the holders, by the payment of an amount in cash for each such share so redeemed of $1,000.00 together with all accrued and unpaid dividends up to but excluding the date fixed for redemption, subject to any applicable withholding tax.</div>
  <div>&#160;</div>
  <div style="text-align: justify;">Where a part only of the then-outstanding Preferred Shares, Series I is at any time to be redeemed, the Preferred Shares, Series I to be redeemed will be
    redeemed <font style="font-style: italic;">pro rata</font>, disregarding fractions or in such other manner as the Board of Directors determines.</div>
  <div>&#160;</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 4 -</font></div>
  </div>
  <div style="text-align: justify;">Written notice of any redemption will be given by the Corporation to registered holders of Preferred Shares, Series I at least thirty (30) and not more than
    sixty (60) days prior to the redemption date. The notice of redemption must include the redemption price, the place at which the redemption price is to be paid, and the redemption date, and, if less than all of the Preferred Shares, Series I are to be
    redeemed, the number of shares to be redeemed. On or before the redemption date, the Corporation shall deposit the redemption price of the shares to be redeemed with the transfer agent and registrar for the Preferred Shares, Series I, less any
    applicable withholding tax, to be paid without interest to or to the order of the registered holders of such shares upon presentation and surrender to the transfer agent and registrar of the certificates representing the shares. Such deposit shall be
    deemed to be payment to holders of the Preferred Shares, Series I and shall satisfy and discharge all liability for the redemption price for the shares to be redeemed. Provided such deposit has been made, the shares called for redemption shall, on the
    redemption date, be and be deemed to be redeemed and no longer outstanding. If only a portion of the shares represented by any certificate are to be redeemed, the Corporation, at its sole expense, shall cause a new certificate for the remaining portion
    of shares to be issued and delivered to the holder of such shares. Provided the redemption price is deposited, the shares called for redemption shall from and after the redemption date cease to be entitled to dividends, and holders shall not be
    entitled to exercise any of the other rights of shareholders in respect thereof, and their rights shall be limited to receiving, without interest, their proportionate part of the total redemption price deposited against presentation and surrender of
    the certificates held by them respectively. If the redemption price is not deposited, the rights of holders of the shares called for redemption shall remain unaffected.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="zf3481857738344db950b282dcbe1d8ca" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">6.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">PURCHASE FOR CANCELLATION</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">Subject to the provisions described below under Article 8, on or after January 18, 2027, the Corporation may at any time and from time to time purchase for
    cancellation any outstanding Preferred Shares, Series I in the open market, by tender or private contract, at any price, subject to any applicable withholding tax. Any such Preferred Shares, Series I purchased by the Corporation shall be cancelled and
    shall not be reissued.</div>
  <div>&#160;</div>
  <div style="text-align: justify;">In the case of any purchase of shares by tender, the Corporation shall give notice of its intention to invite tenders to all holders of the Preferred Shares,
    Series I by forwarding by prepaid post or delivering the same to each registered holder at their address as it appears on the books of the Corporation or, failing such address, then to the last known address of such shareholder and, if two or more
    tenders of shares at the same price be received, which shares when added to any shares already tendered at a lower price or prices aggregate more than the number of shares to be purchased at such time, the Corporation shall prorate as nearly as
    possible (disregarding fractions) among the holders of Preferred Shares, Series I submitting such tenders at the same price the number of shares necessary to complete the number of shares to be purchased at such time.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z42ba4a5475344278bfeae873a68391af" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">7.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">RIGHTS ON LIQUIDATION</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">In the event of the liquidation, dissolution or winding-up of the Corporation, holders of the Preferred Shares, Series I shall be entitled to receive $1,000.00
    per share (less any amount that may have been returned to holders as a return of capital), together with all accrued and unpaid dividends up to but excluding the date of payment, subject to any applicable withholding tax, before any amount shall be
    paid or any assets of the Corporation distributed to the holders of Common Shares or any other shares ranking junior to the Preferred Shares, Series I. Upon payment to the registered holders of the Preferred Shares, Series I of the amount payable to
    them pursuant to this Article 7, holders thereof shall not be entitled to share in any further distribution of the property or assets of the Corporation.</div>
  <div>&#160;</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 5 -</font></div>
  </div>
  <table cellspacing="0" cellpadding="0" id="z26200ada5b744b748c580c66e3d9aeff" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">8.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">RESTRICTIONS ON DIVIDENDS AND RETIREMENT OF SHARES</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">So long as any of the Preferred Shares, Series I are outstanding, the Corporation shall not, without the approval of the holders of the Preferred Shares, Series
    I given in the manner specified under Article 11 below:</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="zf2426c4133164c97866648ee87f6c89f" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(a)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>declare any dividend on the Common Shares or any other shares ranking junior to the Preferred Shares, Series I (other than stock dividends on shares ranking junior to the Preferred Shares, Series I);</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="ze0a514c8f8cf4b52900370b8f32d3dae" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(b)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>redeem, purchase or otherwise retire any Common Shares or any other shares ranking junior to the Preferred Shares, Series I (except out of the net cash proceeds of a substantially concurrent issue of shares ranking junior to the Preferred
            Shares, Series I); or</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z86b0f438897449cbb0ba5d14c62a9ed8" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt;"><br>
        </td>
        <td style="width: 36pt; vertical-align: top;">(c)</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div>redeem, purchase or otherwise retire: (i) less than all the Preferred Shares, Series I; or (ii) except pursuant to any purchase obligation, sinking fund, retraction privilege or mandatory redemption provisions attaching to any series of
            preferred shares of the Corporation, any other shares ranking on a parity with the Preferred Shares, Series I,</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">unless, in each case, all dividends on the Preferred Shares, Series I and on all other shares ranking prior to or on a parity with the Preferred Shares, Series
    I, have been declared and paid or set apart for payment.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="zbf2bf5a5ded143129e11b0e517948ec6" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">9.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">ISSUE OF ADDITIONAL SERIES OF PREFERRED SHARES</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The Corporation may issue other series of preferred shares ranking on a parity with the Preferred Shares, Series I without the authorization of the holders of
    the Preferred Shares, Series I as a series provided that at the date of such issuance all cumulative dividends up to and including the Dividend Payment Date for the last completed period for which dividends shall be payable shall have been declared and
    paid or set aside for payment in respect of the Preferred Shares, Series I.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z45eac0972b664eeda9f0297a73ffd46e" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">10.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">AMENDMENTS TO PREFERRED SHARES, SERIES I</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The Corporation will not, without the approval of holders of the Preferred Shares, Series I or, if applicable, of the Notes-Series 2022-B given as provided in
    Article 11 below, delete or vary any rights, privileges, restrictions and conditions attaching to the Preferred Shares, Series I.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z3bd188b294dc45a999d7c23d66994ab7" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">11.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">APPROVALS</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The approval of any amendments to the rights, privileges, restrictions and conditions attaching to the Preferred Shares, Series I may be given by a resolution
    carried by the affirmative vote of not less than 66&#8532;% of the votes cast at a meeting of holders of Preferred Shares, Series I at which at least a majority of the outstanding Preferred Shares, Series I is represented or, if no quorum is present at such
    meeting, at a meeting following such adjourned meeting at which no quorum would apply. At any meeting of holders of Preferred Shares, Series I as a series, each such holder shall be entitled to one vote for each Preferred Share, Series I held. For so
    long as the Notes-Series 2022-B are outstanding, no amendment will be made to the rights, privileges, restrictions and conditions of the Preferred Shares, Series I (other than any amendments relating to the preferred shares of the Corporation as a
    class) without the prior approval of the holders of not less than a majority of the aggregate principal amount of the Notes-Series 2022-B then outstanding.</div>
  <div>&#160;</div>
  <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
    <div id="DSPFPageBreak" style="page-break-after:always;">
      <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 6 -</font></div>
  </div>
  <table cellspacing="0" cellpadding="0" id="zad6bb97fcaf649c7aa55f9deedf1ebdb" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">12.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">BOOK-ENTRY ONLY ISSUE</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">Unless the Corporation directs otherwise, the Preferred Shares, Series I shall be issued and held under the &#8220;book-entry only&#8221; system and shall be represented by
    a single fully-registered permanent global share certificate.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="zfb0e1ffc79264ee8aef5e71e898ecfbb" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">13.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">BUSINESS DAYS</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">If any action is required to be taken by the Corporation on a day that is not a Business Day, then such action will be taken on the next succeeding day that is a
    Business Day.</div>
  <div>&#160;</div>
  <table cellspacing="0" cellpadding="0" id="z565aed8d09d2450ab521a122d48dbe4e" class="DSPFListTable" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

      <tr>
        <td style="width: 36pt; vertical-align: top; font-weight: bold;">14.</td>
        <td style="width: auto; vertical-align: top; text-align: justify;">
          <div style="font-weight: bold;">FRACTIONAL SHARES</div>
        </td>
      </tr>

  </table>
  <div>&#160;</div>
  <div style="text-align: justify;">The Preferred Shares, Series I may be issued in whole or in fractional shares. Each fractional Preferred Share, Series I shall carry and be subject to the
    rights, privileges, restrictions and conditions (including voting rights and dividend rights) of the Preferred Shares, Series I in proportion to the applicable fractions.</div>
  <div>&#160;</div>
  <div> <br>
  </div>
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