<SEC-DOCUMENT>0000919574-26-001626.txt : 20260317
<SEC-HEADER>0000919574-26-001626.hdr.sgml : 20260317
<ACCEPTANCE-DATETIME>20260317062354
ACCESSION NUMBER:		0000919574-26-001626
CONFORMED SUBMISSION TYPE:	F-3ASR
PUBLIC DOCUMENT COUNT:		20
FILED AS OF DATE:		20260317
DATE AS OF CHANGE:		20260317
EFFECTIVENESS DATE:		20260317

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SFL Corp Ltd.
		CENTRAL INDEX KEY:			0001289877
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		F-3ASR
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-294365
		FILM NUMBER:		26758979

	BUSINESS ADDRESS:	
		STREET 1:		14 PAR-LA-VILLE ROAD
		CITY:			HAMILTON, HM 08
		STATE:			D0
		ZIP:			00000-0000
		BUSINESS PHONE:		441-295-9500

	MAIL ADDRESS:	
		STREET 1:		14 PAR-LA-VILLE ROAD
		CITY:			HAMILTON, HM 08
		STATE:			D0
		ZIP:			00000-0000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ship Finance International LTD
		DATE OF NAME CHANGE:	20040511
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-3ASR
<SEQUENCE>1
<FILENAME>d12042649_f-3asr.htm
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">As filed with the U.S. Securities and Exchange Commission on March 17, 2026</div>
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            <div style="text-align: right; font-family: 'Times New Roman', serif; font-weight: bold;">Registration Statement No.&#160;333-</div>
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    <div style="text-align: center; margin-top: 4pt; font-family: 'Times New Roman', serif; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Washington, D.C. 20549</div>
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    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">_______________________________</div>
    <div style="text-align: center; margin-top: 6pt; font-family: 'Times New Roman', serif; font-size: 18pt; font-weight: bold;">FORM&#160;F-3</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 18pt; font-weight: bold;">REGISTRATION STATEMENT</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">UNDER</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">THE SECURITIES ACT OF 1933</div>
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    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">_______________________________</div>
    <div style="text-align: center; margin-top: 6pt; font-family: 'Times New Roman', serif; font-size: 24pt; font-weight: bold;">SFL Corporation Ltd.</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">(Exact name of registrant as specified in its charter)</div>
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    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">_______________________________</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Bermuda</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">N/A</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">(State or other jurisdiction of</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">incorporation or organization)</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">(I.R.S. Employer</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">Identification No.)</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Attention: James Ayers</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Par-la-Ville&#160;Place</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">14&#160;Par-la-Ville&#160;Road</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Hamilton, HM 08</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Bermuda</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">1 (441)&#160;295-9500</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Seward&#160;&amp; Kissel LLP</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Attention:&#160;Keith J. Billotti , Esq.</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">One Battery Park Plaza</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">New York, New York 10004</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">(212)&#160;574-1200</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">(Address and telephone number of Registrant&#8217;s principal executive offices)</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">(Name, address and telephone number of agent for service)</div>
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    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">_______________________________</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Copies to:</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Keith J. Billotti , Esq.</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">Seward&#160;&amp; Kissel LLP</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">One Battery Park Plaza</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">New York, New York 10004</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">(212)&#160;574-1200</div>
    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">_______________________________</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Approximate date of commencement of proposed sale to the public:&#160;From time to time after this registration statement becomes effective as determined by market
      conditions and other factors.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
      1933, check the following box.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746;</font></div>
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    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and
      list the Securities Act registration statement number of the earlier effective registration statement for the same offering.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act
      registration statement number of the earlier effective registration statement for the same offering.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If this Form is a registration statement pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing
      with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9746;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or
      additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Emerging growth company&#160;&#160;&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to
      use the extended transition period for complying with any new or revised financial accounting standards&#8224; provided pursuant to Section&#160;7(a)(2)(B) of the Securities Act.&#160;&#160;<font style="font-family: 'Segoe UI Symbol', sans-serif;">&#9744;</font></div>
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            <div style="font-family: 'Times New Roman', serif;">The term &#8220;new or revised financial accounting standard&#8221; refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April&#160;5, 2012.</div>
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    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-weight: bold;">PROSPECTUS</div>
    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman', serif; font-size: 24pt; font-weight: bold;">SFL CORPORATION LTD.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 1pt;">&#160;</div>
    <div style="text-align: center;"><img height="166" width="176" src="image0.jpg"></div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">____________________________</div>
    <div style="text-align: justify; margin-top: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Through this prospectus, we may periodically offer:</div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(1)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">common shares;</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(2)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">preferred shares;</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(3)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">debt securities;</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(4)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">warrants;</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(5)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">purchase contracts;</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 6pt;"><font style="font-family: 'Times New Roman', serif;">(6)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">rights; and</font></div>
    <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;"><font style="font-family: 'Times New Roman', serif;">(7)</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif;">units.</font></div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may also offer securities of the types listed above that are convertible or exchangeable into one or more of the securities listed above.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The securities issued under this prospectus may be offered directly or through underwriters, agents or dealers.&#160;The names of any underwriters, agents or dealers will be included
      in a supplement to this prospectus.&#160;The prices and other terms of the securities of the Company that are covered by this prospectus will be determined at the time of their offering and will be described in a supplement to this prospectus.</div>
    <div style="font-family: 'Times New Roman', serif;">Our common shares are currently listed on the New York Stock Exchange, or the NYSE, under the symbol &#8220;SFL.&#8221;</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">___________________________</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Investing in our common shares involves risks. You should carefully consider each of the factors described under &#8220;Risk Factors&#8221; beginning on page 7 of this
      prospectus and other risk factors contained in any applicable prospectus supplement and in the documents incorporated by reference into this prospectus, before you make any investment in our common shares.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Neither the U.S. Securities and Exchange Commission, or the Commission, nor any state securities commission has approved or disapproved of these securities, or
      determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</div>
    <div style="text-align: center; margin-bottom: 2pt; font-family: 'Times New Roman', serif;">___________________________</div>
    <div style="text-align: center; margin-top: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">The date of this prospectus is March 17, 2026.</div>
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">TABLE OF CONTENTS</div>
    <br>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">ABOUT THIS PROSPECTUS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">ii</div>
          </td>
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            <div style="font-family: 'Times New Roman', serif;">PROSPECTUS SUMMARY</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">1</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">4</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">RISK FACTORS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">7</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">USE OF PROCEEDS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">8</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">CAPITALIZATION</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">9</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">ENFORCEABILITY OF CIVIL LIABILITIES</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">10</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF SHARE CAPITAL</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">11</div>
          </td>
        </tr>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF DEBT SECURITIES</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">15</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF WARRANTS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">21</div>
          </td>
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          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF PURCHASE CONTRACTS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">22</div>
          </td>
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        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF RIGHTS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">23</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">DESCRIPTION OF UNITS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">24</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">PLAN OF DISTRIBUTION</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">25</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">TAX CONSIDERATIONS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">27</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">EXPENSES</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">LEGAL MATTERS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">EXPERTS</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">28</div>
          </td>
        </tr>
        <tr>
          <td style="width: 92.52%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">WHERE YOU CAN FIND ADDITIONAL INFORMATION</div>
          </td>
          <td style="width: 7.48%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman',serif;">29</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">i</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">ABOUT THIS PROSPECTUS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Unless otherwise indicated, all references to &#8220;dollars&#8221; and &#8220;$&#8221; in this prospectus are to, and amounts are presented in, U.S. dollars and financial information presented in this
      prospectus that is derived from financial statements incorporated by reference is prepared in accordance with accounting principles generally accepted in the United States, or U.S. GAAP.&#160;We have a fiscal year end of December 31.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">This prospectus is part of a registration statement that we filed with the Commission using a shelf registration process.&#160;Under the shelf registration process, we may sell the
      common shares, preferred shares, debt securities, warrants, purchase contracts, rights and units described in this prospectus in one or more offerings.&#160;This prospectus provides you with a general description of the securities we may offer.&#160;Each time
      we offer securities pursuant to this prospectus, we will provide you with a prospectus supplement that will describe the specific amounts, prices and terms of the offered securities.&#160;The prospectus supplement may also add, update or change the
      information contained in this prospectus.&#160;If there is any inconsistency between the information in this prospectus and any prospectus supplement, you should rely on the prospectus supplement. Before purchasing any securities, you should read
      carefully both this prospectus and any prospectus supplement, together with the additional information described below and any documents incorporated by reference in this prospectus and in any prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">This prospectus and any prospectus supplement are part of a registration statement we filed with the Commission and do not contain all the information provided in that
      registration statement.&#160;For further information about us or the securities offered hereby, you should refer to that registration statement, which you can obtain from the Commission as described below under &#8220;Where You Can Find Additional Information.&#8221;</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Other than in the United States, no action has been taken by us that would permit a public offering of the securities offered by this prospectus in any jurisdiction where action
      for that purpose is required. The securities offered by this prospectus may not be offered or sold, directly or indirectly, nor may this prospectus or any other offering material or advertisements in connection with the offer and sale of any such
      securities be distributed or published in any jurisdiction, except under circumstances that will result in compliance with the applicable rules and regulations of that jurisdiction. Persons into whose possession this prospectus comes are advised to
      inform themselves about and to observe any restrictions relating to the offering and the distribution of this prospectus. This prospectus does not constitute an offer to sell or a solicitation of an offer to buy any securities offered by this
      prospectus in any jurisdiction in which such an offer or a solicitation is unlawful.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Neither this prospectus nor any prospectus supplement needs to be filed with the Registrar of Companies in Bermuda in accordance with Part III of the Companies Act 1981 of
      Bermuda, or the Companies Act, pursuant to provisions incorporated therein following the enactment of the Companies and Partnerships (Electronic Registry) Amendment Act 2020.&#160;Such provisions state that Part III of the Companies Act shall not apply to
      any exempted company under the Companies Act. We are an exempted company under the Companies Act.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">You should rely only on the information contained in or incorporated by reference in this prospectus and in any prospectus supplement. We have not authorized any other person to
      provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. We will not make an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You
      should assume that the information appearing in this prospectus and the applicable supplement to this prospectus is accurate as of the date on its respective cover, and that any information incorporated by reference is accurate only as of the date of
      the document incorporated by reference, unless we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">ii</font></div>
      <div class="BRPFPageBreak" 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>
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    <div><br>
    </div>
    <div style="border: 2px solid #000000; padding: 5px; width: 99%;">
      <div>
        <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">PROSPECTUS SUMMARY</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-style: italic;">This section summarizes some of the information that is contained later in this prospectus or in other documents incorporated by reference into this
          prospectus. As an investor or prospective investor, you should review carefully the risk factors and the more detailed information that appears later in this prospectus or is contained in the documents that we incorporate by reference into this
          prospectus.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-style: italic;">Unless otherwise specified, when used in this prospectus, the terms &#8220;SFL Corporation Ltd.,&#8221; &#8220;SFL,&#8221; &#8220;Company,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; and &#8220;our&#8221; refer to SFL
          Corporation Ltd. and its subsidiaries.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-style: italic;">We use the term deadweight tons, or dwt, in describing the size of vessels. Dwt, expressed in metric tons, each of which is equivalent to 1,000 kilograms,
          refers to the maximum weight of cargo and supplies that a vessel can carry. We use the term twenty-foot equivalent units, or TEU, in describing container vessels to refer to the number of standard twenty-foot containers that the vessel can carry.</div>
        <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">The Company</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We are an international ship owning and chartering company with a large and diverse asset base across the maritime, shipping and offshore asset classes and business sectors.
          As of December 31, 2025, our assets consist of 17 tankers, two dry bulk carriers, 21 container vessels, seven car carriers and two drilling rigs, as well as five dual-fuel 16,800 TEU container vessels under construction, expected to be delivered
          in 2028. We hold an equity interest in an associated company that owns four leased-in container vessels.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Our primary objective is to continue to grow our business through accretive acquisitions across a diverse range of marine and offshore asset classes. In doing so, our strategy
          is to generate stable and increasing cash flows by chartering our assets primarily under medium to long-term bareboat or time charters.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We own a substantially modern fleet of vessels and rigs. The following table sets forth the fleet that we own or&#160;charter-in&#160;including those in our associated companies as of
          March 17, 2026.</div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 23.62%; vertical-align: bottom; border-bottom: #000000 2px solid;" colspan="3">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Approximate</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; border-bottom: #000000 2px solid;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Lease</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 23.7%; vertical-align: middle; border-bottom: #000000 2px solid;" colspan="2">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Charter Termination</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Vessel</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Built</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Capacity</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Flag</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Classification *</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 23.7%; vertical-align: bottom;" colspan="2">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Date*</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF; border-bottom: 2px solid black;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Tankers</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Marlin Santorini</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2019</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">150,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Marlin Sicily</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2019</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">150,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Marlin Shikoku</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2019</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">150,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Albany</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2020</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">160,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(2)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Fraser</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2020</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">160,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(2)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Tigris</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2024</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Taurus</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2024</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Tucana</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2024</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Trinity</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2017</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">114,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Sabine</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2017</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">114,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Lion</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Tiger</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Panther</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Puma</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">115,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(5)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Aruba</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2022</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">33.000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(6)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Bonaire</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2023</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">33.000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2032</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-family: 'Times New Roman',Times,serif; font-weight: normal; font-style: normal;">1</font></div>
      <div class="BRPFPageBreak" 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>
    <br>
    <div style="text-align: justify; font-family: 'Times New Roman', serif; border: 2px solid #000000; padding: 5px; width: 99%;">
      <div><br>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF; border-bottom: 2px solid black;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Dry Bulk Carriers</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Yangtze</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2012</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">82,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">HK</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(2)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Pearl</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2012</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">82,000 Dwt</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">HK</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(2)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF; border-bottom: 2px solid black;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Container vessels</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: right; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: right; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">San Felipe</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">San Felix</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">San Fernando</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">San Francisca</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Sarat</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2031</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(7)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Skarstind</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2016</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(8)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Shivling</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2016</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">9,300 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(8)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Zambezi</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2020</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">5,300 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2028</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Phuket</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2022</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk Pelepas</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2022</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2,500 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Maui</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2013</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">6,800 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Hawaii</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">6,800 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Vancouver Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Oakland Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Houston Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Atlanta Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Baltimore Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Savannah Express</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2013</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">15,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2028</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk San Vincent</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">10,600 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk San Lazaro</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">10,600 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Maersk San Juan</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2015</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">10,600 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2030</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">MSC Anna</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2016</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">19,200 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Direct Financing</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2031</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (3)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">MSC Viviana</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2017</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">19,200 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Direct Financing</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2032</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (3)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">MSC Erica</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2016</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">19,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Direct Financing</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2033</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (3)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">MSC Reef</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2016</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">19,400 TEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Direct Financing</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2033</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(1) (3)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; border-bottom: 2px solid black;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Car Carriers</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Composer</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2005</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">6,500 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2026</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">SFL Conductor</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2006</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">6,500 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2027</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Arabian Sea</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2010</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">4,900 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">MI</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2028</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Emden</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2023</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">7,000 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2033</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Wolfsburg</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2023</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">7,000 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2034</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Odin Highway</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2024</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">7,000 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2034</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Thor Highway</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2024</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">7,000 CEU</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">LIB</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Operating</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2034</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(4)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">&#160;</td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">&#160;</td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">&#160;</td>
              <td style="width: 13.94%; vertical-align: bottom;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: top; background-color: #CCEEFF; border-bottom: 2px solid black;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">Drilling Rigs</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: top; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">&#160;</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: top; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: top; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: top; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">&#160;</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #EE2724; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Linus</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2014</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">450 ft</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">NOR</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2029</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(9)</div>
              </td>
            </tr>
            <tr>
              <td style="width: 27.59%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif;">Hercules</div>
              </td>
              <td style="width: 0.73%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 7.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">2008</div>
              </td>
              <td style="width: 2.23%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 14.22%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">10,000 ft</div>
              </td>
              <td style="width: 2.3%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 5.36%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">CYP</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 15.17%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 0.77%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
              <td style="width: 9.75%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">n/a</div>
              </td>
              <td style="width: 13.94%; vertical-align: bottom; background-color: #CCEEFF;">
                <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">(9)</div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
      <div>* Lease classifications and charter termination dates are as of <font style="color: #000000;">December 31, 2025</font>.</div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">2</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 8pt; border: 2px solid #000000; padding: 5px; width: 99%;">
      <div><br>
      </div>
      <div>
        <div style="text-align: justify; font-family: 'Times New Roman', serif;"><font style="color: #000000;"><u>Key to Flags</u></font>: HK &#8211; Hong Kong, LIB &#8211; Liberia, MI &#8211; Marshall Islands, NOR &#8211; Norway, CYP &#8211; Cyprus</div>
        <div><br>
        </div>
        <div style="text-align: justify; font-family: 'Times New Roman', serif;"><font style="color: #000000;"><u>Notes:</u></font>&#160;</div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(1)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Charterer has purchase options or obligations during the term or at the end of the charter.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(2)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Currently employed on a short-term charter or trading in the spot market.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(3)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Vessel chartered-in and out on direct financing leases and included in associated companies.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(4)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Vessel chartered-in as <font style="color: #000000;">lease debt financing arrangements </font>and out as operating leases.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(5)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Charterer has the right to trigger a sale to a third party, at any time after the first year, with net proceeds over an agreed sum to be shared between the charterer and SFL, with profit
                  split on a previously agreed upon basis of calculation.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(6)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Vessel is trading in a pool with Stolt Tankers until 2032.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(7)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">Vessel had a new charter contract in 2026. Lease assessment is preliminary and may change.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(8)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;">The charters in respect of these vessels end in 2026 and the vessels are then contracted to commence a five-year time charter with the same counterparty.</div>
              </td>
            </tr>

        </table>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-top: 6pt;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; font-family: 'Times New Roman', serif;">(9)</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-family: 'Times New Roman', serif;"><font style="font-style: italic;">Linus</font> is currently employed under its long-term drilling contract with ConocoPhillips which expires in the second quarter of 2029. <font style="font-style: italic;">Hercules</font> completed its drilling contract in Canada with Equinor in the fourth quarter of 2024. Following completion, <font style="font-style: italic;">Hercules</font> was mobilized to Norway ato await
                  new drilling opportunities. <font style="color: rgb(0, 0, 0);">In March 2026, the Company entered into a drilling contract in Canada with a large, investment-grade multinational oil and gas company for the harsh environment
                    semi-submersible rig </font><font style="font-style: italic; color: rgb(0, 0, 0);">Hercules</font><font style="color: rgb(0, 0, 0);">. The contract has an estimated value of approximately $170 million, a minimum term of approximately
                    400 days and is expected to commence in the first quarter of 2027.</font></div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <div style="font-family: 'Times New Roman', serif;">In addition to the above fleet of vessels and rigs, we also have <font style="color: #000000;">five</font> 16,800 TEU container vessels currently under construction, expected to be delivered in <font style="color: #000000;">2028</font>.</div>
        <div><br>
        </div>
        <div style="font-family: 'Times New Roman', serif;">Substantially, all of our owned vessels and rigs as of <font style="color: #000000;">December 31, 2025</font> are pledged under mortgages, <font style="color: #000000;">excluding two Kamsarmax
            dry bulk carriers and one drilling rig.</font></div>
        <div><br>
        </div>
        <div style="font-family: 'Times New Roman', serif;">Other than our interests in the vessels and drilling rigs described above, we do not own any material physical properties. We lease office space in all our locations. In Oslo and London, we lease
          office space from Front Ocean Management AS and Frontline Corporate Services Ltd, respectively, both related parties.</div>
        <div><br>
        </div>
        <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Corporate Information</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We are SFL Corporation Ltd., a company incorporated under the laws of Bermuda on October 10, 2003, as a Bermuda exempted company under the Companies Act (Company No.
          EC-34296). We are engaged primarily in the ownership and operation of vessels and offshore related assets, and we are also involved in the charter, purchase and sale of assets. Our registered and principal executive offices are located at
          Par-la-Ville Place, 14 Par-la-Ville Road, Hamilton, HM 08, Bermuda, and our telephone number is (441) 295-9500. Our website is www.sflcorp.com.&#160;The information contained at our website is not incorporated by reference into this prospectus, and
          you should not consider it a part of this prospectus.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We operate through subsidiaries and branches located in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom and the Marshall Islands.</div>
      </div>
    </div>
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">3</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 8pt; border: 2px solid #000000; padding: 5px; width: 99%;">
      <div><br>
      </div>
      <div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The information above concerning us is only a summary and does not purport to be comprehensive or complete. For additional information about us, you should refer to the
          information described in &#8220;Where You Can Find Additional Information&#8221; in this prospectus.</div>
        <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Matters discussed in this prospectus, and any prospectus supplement, and the documents incorporated by reference may constitute forward-looking statements within the meaning
          of the Private Securities Litigation Reform Act of 1995, which provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements
          include, but are not limited to, statements concerning plans, objectives, goals, strategies, future events or performance, underlying assumptions and other statements, which are other than statements of historical facts.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">These statements reflect our current views with respect to future events and financial performance and are not intended to give any assurance as to future results. When used
          in this prospectus, and any prospectus supplement, the words &#8220;believe,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221;&#160;&#8220;will,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;targets,&#8221; &#8220;likely,&#8221; &#8220;would,&#8221; &#8220;could&#8221; &#8220;seeks,&#8221; &#8220;continue,&#8221;
          &#8220;possible,&#8221; &#8220;might,&#8221; &#8220;pending&#8221; and similar expressions, terms or phrases may identify forward-looking statements.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The forward-looking statements herein are based upon various assumptions, many of which are based, in turn, upon further assumptions, including, without limitation,
          management&#8217;s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently
          subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.</div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or
          uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected or intended. We are making investors aware that such
          forward-looking statements, because they relate to future events, are by their very nature subject to many important factors that could cause actual results to differ materially from those contemplated. In addition to these important factors and
          matters discussed elsewhere herein, important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include, but are not limited to:</div>
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              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the strength of world economies and currencies;</div>
              </td>
            </tr>

        </table>
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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">inflationary pressures and central bank policies intended to combat overall inflation and rising interest rates and foreign exchange rates;</div>
              </td>
            </tr>

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

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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">our ability to generate cash to service our indebtedness;</div>
              </td>
            </tr>

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

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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">our ability to continue to satisfy our financial and other covenants, or obtain waivers relating to such covenants from our lenders under our credit facilities;</div>
              </td>
            </tr>

        </table>
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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the availability of financing and refinancing, as well as our ability to obtain such financing or refinancing in the future to fund capital expenditures, acquisitions and other general
                  corporate activities and our ability to comply with the restrictions and other covenants in our financing arrangements;</div>
              </td>
            </tr>

        </table>
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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">our counterparties&#8217; ability or willingness to honor their obligations under agreements with us;</div>
              </td>
            </tr>

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

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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">general market conditions in the seaborne transportation industry, which is cyclical and volatile, including fluctuations in charter hire rates and vessel values;</div>
              </td>
            </tr>

        </table>
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              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">prolonged or significant downturns in the tanker, dry-bulk carrier, container, car carrier and/or offshore drilling charter markets;</div>
              </td>
            </tr>

        </table>
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            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the volatility of oil and gas prices, which effects, among other things, several sectors of the maritime, shipping and offshore industries, including oil transportation, dry bulk
                  shipments, oil products transportation, car transportation and drilling rigs;</div>
              </td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
    </div>
    <div style="margin-bottom: 8pt;"></div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">4</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    </div>
    <div style="margin-bottom: 8pt;"><br>
      <div style="border: 2px solid rgb(0, 0, 0); padding: 5px; width: 99%;">
        <div>
          <div style="margin-bottom: 8pt;"><br>
          </div>
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              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">a decrease in the market values of our vessels and drilling rigs;</div>
                </td>
              </tr>

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              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">an oversupply of vessels, including drilling rigs, which could lead to reductions in charter hire rates and profitability;</div>
                </td>
              </tr>

          </table>
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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">any inability to retain and recruit qualified key executives, key employees, key consultants or skilled workers;</div>
                </td>
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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the potential difference in interests between or among certain of our directors, officers, key executives and shareholders, including Hemen Holding Limited, our largest shareholder;</div>
                </td>
              </tr>

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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the risks associated with the purchase of second-hand vessels;</div>
                </td>
              </tr>

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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the aging of our fleet which could result in increased operating costs, impairment or loss of hire;</div>
                </td>
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          </table>
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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the adequacy of insurance coverage for inherent operational risks, and our ability to obtain indemnities from customers, changes in laws, treaties or regulations;</div>
                </td>
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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">changes in supply and generally the number, size and form of providers of goods and services in the markets in which we operate;</div>
                </td>
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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the supply of and demand for oil and oil products and vessels, including drilling rigs, comparable to ours, including against the background of the possibility of accelerated climate
                    change transition worldwide, including shifts in consumer demand for other energy resources could have an accelerated negative effect on the demand for oil and thus its transportation and drilling;</div>
                </td>
              </tr>

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                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">changes in market demand in countries which import commodities and finished goods and changes in the amount and location of the production of those commodities and finished goods and
                    resulting changes to trade patterns;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">delays or defaults by the shipyards in the construction of our newbuildings;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">technological innovation in the sectors in which we operate and quality and efficiency requirements from customers;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">technology risk associated with energy transition and fleet/systems rejuvenation to alternative propulsions;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">risks associated with potential cybersecurity or other privacy threats and data security breaches;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">our ability to comply with, and the expected cost of, governmental regulations and maritime self-regulatory organization standards, including new environmental regulations and standards,
                    as well as standard regulations imposed by our charterers applicable to our business;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">governmental laws and regulations, including environmental regulations, that add to our costs or the costs of our customers;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">potential liability from safety, environmental, governmental and other requirements and potential significant additional expenditures related to complying with such regulations;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the impact of increasing scrutiny and changing expectations from investors, lenders, charterers and other market participants with respect to our Environmental, Social and Governance, or
                    ESG practices;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">increased inspection procedures and more restrictive import and export controls;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the imposition of sanctions by the Office of Foreign Assets Control of the Department of the U.S. Treasury or pursuant to other applicable laws or regulations imposed by the U.S.
                    government, the European Union, the United Nations or other governments against us or any of our subsidiaries;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">compliance with governmental, tax, environmental and safety regulation, any non-compliance with the U.S. Foreign Corrupt Practices Act of 1977 or other applicable regulations relating to
                    bribery;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">changes in our operating expenses, including bunker prices, drydocking and insurance costs;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">fluctuations in currencies and interest rates such as NIBOR and SOFR;</div>
                </td>
              </tr>

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

              <tr>
                <td style="width: 27pt;"><br>
                </td>
                <td style="width: 18pt; vertical-align: top;">&#8226;</td>
                <td style="width: auto; vertical-align: top; text-align: justify;">
                  <div style="font-family: 'Times New Roman', serif;">the impact that any discontinuance, modification or other reform or the establishment of alternative reference rates may have on our floating interest rate debt instruments;</div>
                </td>
              </tr>

          </table>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
      </div>
      <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">5</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 8pt; border: 2px solid #000000; padding: 5px; width: 99%;">
      <div>
        <div><br>
        </div>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the volatility of prevailing spot market charter rates, which effects the amount of profit-sharing payment we receive under our charters;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the volatility of the price of our common shares;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">changes in our dividend policy;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the future sale of the Company&#8217;s common shares;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the failure to protect our information security management system against security breaches, or the failure or unavailability of these systems for a significant period of time;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the entrance into transactions that expose us to additional risk outside of our core business;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">difficulty managing planned growth properly;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">our incorporation under the laws of Bermuda and the different rights to relief that may be available compared to other countries, including the United States;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the Company potentially becoming subject to corporate income tax in Bermuda in the future;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">shareholders&#8217; reliance on us to enforce our rights against contract counterparties;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">dependence on the ability of our subsidiaries to distribute funds to satisfy financial obligations and make dividend payments;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the potential for shareholders to not be able to bring a suit against us or enforce a judgment obtained against us in the United States;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">treatment of the Company as a &#8220;passive foreign investment company&#8221; by U.S. tax authorities;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">being required to pay taxes on U.S. source income;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">our operations being subject to economic substance requirements;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the exercise of a purchase option by the charterer of a vessel;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">potential liability from future litigation, including litigation related to claims raised by public-interest organizations or activism with regard to failure to adapt or mitigate climate
                  impact;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">increased cost of capital or limiting access to funding due to EU Taxonomy or relevant territorial taxonomy regulations;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the arresting or attachment of one or more of our vessels or rigs by maritime claimants;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">damage to storage, receiving and other shipping inventories&#8217; facilities;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">impacts of supply chain disruptions and market volatility;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">the impact of restrictions on trade, including the imposition of new tariffs, port fees and other import restrictions by the United States on its trading partners and the imposition of
                  retaliatory tariffs by China and the EU on the United States, and potential further protectionist measures and/or further retaliatory actions by others, including the imposition of tariffs or penalties on vessels calling in key export or
                  import ports such as the United States, European Union and/or China;</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">potential requisition of our vessels or rigs by a government during a period of war or emergency; and</div>
              </td>
            </tr>

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

            <tr>
              <td style="width: 27pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top;">&#8226;</td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div style="font-family: 'Times New Roman', serif;">world events, political instability, international sanctions or international hostilities, including the war between Russia and Ukraine, the Iran conflict and related developments in the
                  Middle East, including vessel attacks in the Strait of Hormuz or the Red Sea, which have resulted in disruptions in international shipping routes.</div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
        <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">This prospectus, and any prospectus supplement, may contain assumptions, expectations, projections, intentions and beliefs about future events. These statements are intended
          as forward-looking statements. We may also from time to time make forward-looking statements in other documents and reports that are filed with or submitted to the Commission, in other information sent to our security holders, and in other
          written materials. We also caution that assumptions, expectations, projections, intentions and beliefs about future events may and often do vary from actual results and the differences can be material.&#160;We undertake no obligation to publicly
          update or revise any forward-looking statement contained in this prospectus, and any prospectus supplement, whether as a result of new information, future events or otherwise, except as required by law.<font style="font-size: 8pt;"> <br>
          </font></div>
      </div>
    </div>
    <br>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">6</font></div>
      <div class="BRPFPageBreak" 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: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">RISK FACTORS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-style: italic;">An investment in our securities involves a high degree of risk.&#160;You should carefully consider the risks and the discussion of risks under the heading &#8220;Risk
      Factors&#8221; in any applicable prospectus supplement hereto or in our Annual Report on Form&#160;20-F&#160;for the year ended December&#160;31, 2025, filed with the Commission on March&#160;16, 2026, and the documents we have incorporated by reference in this prospectus,
      including the section entitled &#8220;Risk Factors&#8221; in future annual reports that summarize the risks that may materially affect our business before making an investment in our securities. Please see the section in this prospectus entitled &#8220;Where You Can
      Find Additional Information.&#8221;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">7</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">USE OF PROCEEDS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We intend to use the net proceeds we realize from the sale of the securities as set forth in the applicable prospectus supplement, which may include general corporate purposes,
      asset purchases, debt repayment and strategic transactions.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">8</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">CAPITALIZATION</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">A prospectus supplement or report on Form&#160;6-K&#160;incorporated by reference into the registration statement of which this prospectus is a part will include information relating to our
      capitalization.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">9</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">ENFORCEABILITY OF CIVIL LIABILITIES</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">There is no treaty in force between the United States and Bermuda providing for the reciprocal recognition and enforcement of judgments in civil and commercial matters. As a
      result, whether a U.S. judgment would be enforceable in Bermuda against us or our directors and officers depends on whether the U.S. court that entered the judgment is recognized by the Bermuda court as having jurisdiction over us or our directors
      and officers, as determined by reference to Bermuda conflict of law rules. A judgment debt from a U.S. court that is final and for a sum certain based on U.S. federal securities laws will not be enforceable in Bermuda unless the judgment debtor had
      submitted to the jurisdiction of the U.S. court, and the issue of submission and jurisdiction is a matter of Bermuda (not U.S.) law.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">In addition, and irrespective of jurisdictional issues, the Bermuda courts will not enforce a U.S. federal securities law that is either penal or contrary to the public policy of
      Bermuda. An action brought pursuant to a public or penal law, the purpose of which is the enforcement of a sanction, power or right at the instance of the state in its sovereign capacity, may not be entertained by a Bermuda court to the extent it is
      contrary to Bermuda public policy. Certain remedies available under the laws of U.S. jurisdictions, including certain remedies under U.S. federal securities laws, may not be available under Bermuda law or enforceable in a Bermuda court, to the extent
      they are contrary to Bermuda public policy. Further, no claim may be brought in Bermuda against us or our directors and officers in the first instance for violations of U.S. federal securities laws because these laws have no extraterritorial
      jurisdiction under Bermuda law and do not have force of law in Bermuda. A Bermuda court may, however, impose civil liability on us or our directors and officers if the facts alleged in a complaint constitute or give rise to a cause of action under
      Bermuda law.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">10</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF SHARE CAPITAL</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The following is a summary of the description of our share capital and the material terms of our amended Memorandum of Association and&#160;Bye-laws.&#160;Because the following is a
      summary, it does not contain all of the information that you may find useful. For more complete information, you should read the description of share capital and the material terms of our amended Memorandum of Association and&#160;Bye-laws&#160;contained in
      our Annual Report on Form&#160;20-F&#160;for the year ended December&#160;31, 2025, filed with the Commission on March&#160;16, 2026, as updated by annual, quarterly and other reports and documents we file with the Commission after the date of this prospectus and that
      are incorporated by reference herein, together with our amended Memorandum of Association and&#160;Bye-laws,&#160;copies of which have been filed as exhibits thereto. Please see the section of this prospectus entitled &#8220;Where You Can Find Additional
      Information.&#8221;</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Purpose</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The Memorandum of Association of the Company was previously filed on May&#160;21, 2004, as amended, as Exhibit 3.1 to its Registration Statement on Form&#160;F-4&#160;(File&#160;No.&#160;333-115705)&#160;and
      is incorporated by reference herein.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The purposes and powers of the Company are set forth in Items 6(1) and 7(a) through (h)&#160;of its Memorandum of Association and in the Second Schedule of the Companies Act of 1981 of
      Bermuda.&#160;These purposes include exploring, drilling, moving, transporting and refining petroleum and hydro-carbon products, including oil and oil products; acquiring, owning, chartering, selling, managing and operating ships and aircraft; the
      entering into of any guarantee, contract, indemnity or suretyship to assure, support, secure, with or without the consideration or benefit, the performance of any obligations of any person or persons; and the borrowing and raising of money in any
      currency or currencies to secure or discharge any debt or obligation in any manner.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">The Company&#8217;s&#160;Bye-laws</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">At the 2007 Annual General Meeting of the Company, the shareholders voted to amend the Company&#8217;s&#160;Bye-laws&#160;to ensure conformity with recent revisions to the Companies Act 1981 of
      Bermuda, as amended. These amended&#160;Bye-laws&#160;of the Company, as adopted by the Company&#8217;s shareholders on September&#160;28, 2007, and as further amended on September&#160;20, 2013, September&#160;23, 2016 and September&#160;30, 2022 are hereby incorporated by reference
      into this prospectus.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Bermuda law permits the&#160;Bye-laws&#160;of a Bermuda company to contain provisions exempting (except in relation to an allegation of fraud or dishonesty proved against them) from
      personal liability a director, alternate director, officer, member of a committee authorized under&#160;Bye-law&#160;98, resident representative or their respective heirs, executors or administrators to the company from any loss arising or liability attaching
      to him by virtue of any rule of law in respect of any negligence, default, breach of duty or breach of trust of which the officer or person may be guilty in relation to the company or any subsidiary thereof.&#160;Bermuda law also grants companies the
      power generally to indemnify directors, alternate directors and officers of the company and any members authorized under&#160;Bye-law&#160;98, resident representatives or their respective heirs, executors or administrators if any such person was or is a party
      or threatened to be made a party to a threatened, pending or completed action, suit or proceeding by reason of the fact that he or she is or was a director, alternate director or officer of the company or member of a committee authorized
      under&#160;Bye-law&#160;98, resident representative or their respective heirs, executors or administrators or was serving in a similar capacity for another entity at the company&#8217;s request.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The Company&#8217;s shareholders have no&#160;pre-emptive,&#160;subscription, redemption, conversion or sinking fund rights. Shareholders are entitled to one vote for each share held of record on
      all matters submitted to a vote of the Company&#8217;s shareholders. Shareholders have no cumulative voting rights. Shareholders are entitled to dividends if and when they are declared by the Company&#8217;s Board of Directors, subject to any preferred dividend
      right of holders of any preference shares. Directors to be elected by shareholders require a simple majority of votes cast at a meeting at which a quorum is present. For all other matters, unless a different majority is required by law or the
      Company&#8217;s Bye-laws, resolutions to be approved by shareholders require approval by a simple majority of votes cast at a meeting at which a quorum is present.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">11</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Upon the Company&#8217;s liquidation, dissolution or winding up, shareholders will be entitled under Bermuda law to receive, ratably, its net assets available after the payment of all
      its debts and liabilities and any preference amount owed to any preference shareholders. The rights of shareholders, including the right to elect directors, are subject to the rights of any series of preference shares the Company may issue in the
      future.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Under the Company&#8217;s&#160;Bye-laws,&#160;annual meetings of shareholders will be held at a time and place selected by its Board of Directors each calendar year, but in no event shall any
      such meeting be held in Norway or the United Kingdom. Special meetings of shareholders may be called by its Board of Directors at any time and, pursuant to Bermuda law, special meetings must be called at the request of shareholders holding at least
      10% of the Company&#8217;s&#160;paid-up&#160;share capital carrying the right to vote at general meetings. Under the Company&#8217;s&#160;Bye-laws,&#160;five days&#8217; notice of an annual meeting or any special meeting must be given to each shareholder entitled to vote at that meeting.
      Under Bermuda law, accidental failure to give notice will not invalidate proceedings at a meeting. The Company&#8217;s Board of Directors may set a record date at any time before or after any date on which such notice is dispatched.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Special rights attaching to any class of the Company&#8217;s shares may be altered or abrogated with the consent in writing of not less than 75% of the issued shares of that class or
      with the sanction of a resolution passed at a separate general meeting of the holders of such shares voting in person or by proxy.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The Company&#8217;s&#160;Bye-laws&#160;do not prohibit a director from being a party to, or otherwise having an interest in, any transaction or arrangement with the Company or in which the
      Company is otherwise interested.&#160;The Company&#8217;s&#160;Bye-laws&#160;provide its Board of Directors the authority to exercise all of the powers of the Company to borrow money and to mortgage or charge all or any part of the Company&#8217;s property and assets as
      collateral security for any debt, liability or obligation.&#160;The Company&#8217;s directors are not required to retire because of their age, and the Company&#8217;s directors are not required to be holders of the Company&#8217;s common shares.&#160;The Company&#8217;s Board of
      Directors shall at all times comprise a majority of directors who are not resident in the United Kingdom. Directors serve for&#160;one-year&#160;terms, and shall serve until&#160;re-elected&#160;or until their successors are appointed at the next annual general meeting.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The Company&#8217;s&#160;Bye-laws&#160;provide that no director, alternate director, officer, or member of a committee authorized under&#160;Bye-law&#160;98, if any, resident representative, or his heirs,
      executors or administrators, which the Company refers to collectively as an indemnitee, is liable for the acts, receipts, neglects or defaults of any other such person or any person involved in the Company&#8217;s formation, or for any loss or expense
      incurred by the Company through the insufficiency or deficiency of title to any property acquired by the Company, or for the insufficiency or deficiency of any security in or upon which any of the Company&#8217;s monies shall be invested, or for any loss
      or damage arising from the bankruptcy, insolvency or tortious act of any person with whom any monies, securities or effects shall be deposited, or for any loss occasioned by any error of judgment, omission, default or oversight on his part, or for
      any other loss, damage or misfortune whatsoever which shall happen in relation to the execution of his duties, or supposed duties, to the Company or otherwise in relation thereto.&#160;Each indemnitee will be indemnified and held harmless out of the
      Company&#8217;s funds to the fullest extent permitted by Bermuda law against all liabilities, loss, damage or expense (including but not limited to liabilities under contract, tort and statute or any applicable foreign law or regulation and all reasonable
      legal and other costs and expenses properly payable) incurred or suffered by him as such director, alternate director, officer, committee member or resident representative in his reasonable belief that he has been so appointed or elected
      notwithstanding any defect in such appointment or election.&#160;In addition, each indemnitee shall be indemnified against all liabilities incurred in defending any proceedings, whether civil or criminal, in which judgment is given in such indemnitee&#8217;s
      favor, or in which he is acquitted.&#160;The Company is authorized to purchase insurance to cover any liability an indemnitee may incur under the indemnification provisions of the Company&#8217;s&#160;Bye-laws.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Authorized Capitalization</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Under the Company&#8217;s amended Memorandum of Association, the Company&#8217;s authorized capital consists of $3,000,000, comprising 300,000,000 common shares, which may include related
      purchase rights for the Company&#8217;s common or preferred shares, having a par value of $0.01 each, of which 144,582,927 common shares are issued and outstanding as of the date of this prospectus.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">12</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Reconciliation of the Number of Common Shares Outstanding through March 17, 2026</div>
    <table cellspacing="0" cellpadding="0" id="zc2e6d8bc16e745efba169e61f1e6719d" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 75.96%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">Common shares outstanding at December&#160;31, 2023</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">137,467,078</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt;">Number of shares cancelled</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">(700)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt;">Number of common shares issued in connection with the Share Option Scheme</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">242,146</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt;">Number of common shares issued in connection with an underwritten public offering</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">8,000,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">Common shares outstanding at December&#160;31, 2024</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">145,708,524</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt;">Number of shares repurchased under the Share Repurchase Program</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">(1,252,657)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt;">Number of common shares issued in connection with the Share Option Scheme</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom; background-color: #CCEEFF;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">107,060</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">Common shares outstanding at December 31, 2025</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">144,562,927</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top; background-color: #CCECFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">Number of common shares issued in connection with the Share Option Scheme</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom; background-color: #CCECFF;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom; background-color: #CCECFF;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt;">20,000</div>
          </td>
        </tr>
        <tr>
          <td style="width: 75.96%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">Common shares outstanding at March 17, 2026</div>
          </td>
          <td style="width: 0.08%; vertical-align: bottom;">&#160;</td>
          <td nowrap="nowrap" style="width: 23.96%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 9pt; font-weight: bold;">144,582,927</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Share History</div>
    <div style="font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Issuance and Cancellation of Shares</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In April 2018, we issued 3,765,842 common shares under a share lending arrangement in relation with the issuance of senior unsecured convertible bonds. As of December&#160;31, 2024, 3,765,142 common shares
      are held by DNB under a general share lending agreement, with a fair value determined to be nil. In 2024, the remaining 700 shares held by the transfer agent were canceled.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In July 2024, we issued a total of&#160;8,000,000&#160;common shares at a public offering price of&#160;$12.50&#160;per share in connection with an underwritten U.S. public offering.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In January 2024, we issued a total of 43,708 new common shares pursuant to our share option scheme, or the Share Option Scheme, following the exercise of 100,000 share options. The weighted average
      exercise price of the options exercised was $6.62 per share and the total intrinsic value of the options exercised was $0.5&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In March 2024, we issued a total of 163,438 new common shares pursuant to the Share Option Scheme following the exercise of 375,000 share options. The weighted average exercise price of the options
      exercised was $7.56 per share and the total intrinsic value of the options exercised was $2.2&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In May 2024, we issued a total of 35,000 new common shares pursuant to the Share Option Scheme following the exercise of 35,000 share options. The weighted average exercise price of the options
      exercised was $7.20 per share and the total intrinsic value of the options exercised was $0.3&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In February 2025, we issued a total of 22,060 new common shares pursuant to the Share Option Scheme following the exercise of 315,000 share options. The weighted average exercise price of the options
      exercised was $8.90 per share and the total intrinsic value of the options exercised was $0.2&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In June 2025, we issued a total of 25,000 new common shares pursuant to the Company&#8217;s Share Option Scheme following the exercise of 25,000 share options. The weighted average exercise price of the
      options exercised was $5.27 per share and the total intrinsic value of the options exercised was $0.1&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In July 2025, we issued a total of 10,000 new common shares to an employee pursuant to the Share Option Scheme following the exercise of 10,000 share options. The weighted average exercise price of
      the options exercised was $5.27 per share and the total intrinsic value of the options exercised was $0.0&#160;million.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In September 2025, we issued a total of 50,000 new common shares pursuant to the Share Option Scheme following the exercise of 50,000 share options. The weighted average exercise price of the options
      exercised was $4.86 per share and the total intrinsic value of the options exercised was $0.2&#160;million.</div>
    <div style="font-family: 'Times New Roman', serif;"> <br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In February 2026, we issued a total of 20,000 new common shares pursuant to the Share Option Scheme following the exercise of 20,000 share options. The weighted average exercise price of the options
      exercised was $7.36 per share and the total intrinsic value of the options exercised was $0.1&#160;million.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">13</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Share Repurchase Program</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">On May 8, 2023, the Board of Directors authorized the repurchase of up to an aggregate of $100.0 million of our common shares, or the Share Repurchase Program. The authorization was reconfirmed during
      the year ended December 31, 2025 and is valid until June 2026. During the year ended December 31, 2025, we repurchased a total of 1,252,657 shares, at an average price of approximately $7.98 per share, with principal amounts totaling $10.0 million,
      under the Share Repurchase Program.</div>
    <div><br>
    </div>
    <div style="color: #000000; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">DRIP and ATM Program</div>
    <div><br>
    </div>
    <div style="color: #000000; font-family: 'Times New Roman', serif;">On November 21, 2025, the Board of Directors authorized a renewal of the Company&#8217;s divided reinvestment plan, or DRIP, to register the sale of up to 10,000,000 common shares pursuant
      to the DRIP, to facilitate investments by individual and institutional shareholders who wish to invest dividend payments received on shares owned, or other cash amounts, in the Company&#8217;s common shares on a regular or one time basis, or otherwise. If
      certain waiver provisions in the DRIP are requested and granted pursuant to the terms of the plan, the Company may grant additional share sales to investors, from time to time, up to the amount registered under the plan. The DRIP will expire in April
      2026 upon the automatic expiration of the underlying registration statement. The Company intends to file a prospectus supplement under this shelf registration statement of Form F-3ASR in order to renew and continue the DRIP.</div>
    <div><br>
    </div>
    <div style="color: #000000; font-family: 'Times New Roman', serif;">In May 2020, the Company entered into an equity distribution agreement with BTIG LLC, or BTIG, as amended and restated in April 2022, under which the Company may, from time to time,
      offer and sell new common shares having aggregate sales proceeds of up to $100.0&#160;million through an at-the-market program, or the ATM Program. The ATM Program will expire in April 2026 upon the automatic expiration of the underlying registration
      statement. The Company intends to enter into an amended and restated equity distribution agreement with BTIG and file a prospectus supplement under this shelf registration statement on Form F-3ASR in order to renew and continue the ATM Program.</div>
    <div><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Common Shares</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Each outstanding common share entitles the holder to one vote on all matters submitted to a vote of shareholders. Subject to preferences that may be applicable to any outstanding
      preferred shares, holders of common shares are entitled to receive, ratably, all dividends, if any, declared by our Board of Directors out of funds legally available for dividends. Upon our dissolution or liquidation or the sale of all or
      substantially all of our assets, after payment in full of all amounts required to be paid to creditors and to the holders of preferred shares having liquidation preferences, if any, the holders of our common shares will be entitled to receive pro
      rata our remaining assets available for distribution. Holders of common shares do not have conversion, redemption or preemptive rights to subscribe to any of our securities. The rights, preferences and privileges of holders of common shares are
      subject to the rights of the holders of any preferred shares which we may issue in the future.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Preferred Shares</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The material terms of any series of preferred shares that we may offer through a prospectus supplement will be described in that prospectus supplement. Our Board of Directors is
      authorized, subject to shareholder approval, to provide for the issuance of preferred shares in one or more series with designations as may be stated in the shareholder resolution or resolutions providing for the issue of such preferred shares. At
      the time that any series of our preferred shares is authorized, we will fix the dividend rights, any conversion rights, any voting rights, redemption provisions, liquidation preferences and any other rights, preferences, privileges and restrictions
      of that series, as well as the number of shares constituting that series and their designation. We could issue preferred shares which have voting, conversion and other rights that could adversely affect the holders of our common shares or make it
      more difficult to effect a change in control. Our preferred shares could be used to dilute the share ownership of persons seeking to obtain control of us and thereby hinder a possible takeover attempt which, if our shareholders were offered a premium
      over the market value of their shares, might be viewed as being beneficial to our shareholders.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Registrar and Transfer Agent</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The registrar and transfer agent for our common shares is Computershare Trust Company, N.A.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Listing</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Our common shares are listed on the NYSE under the symbol &#8220;SFL.&#8221;</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">14</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF DEBT SECURITIES</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may offer and issue debt securities from time to time in one or more series, under one or more indentures, each dated as of a date on or prior to the issuance of the debt
      securities to which it relates, and pursuant to an applicable prospectus supplement.&#160;We may issue senior debt securities and subordinated debt securities pursuant to separate indentures, a senior indenture and a subordinated indenture, respectively,
      in each case between us and the trustee named in the indenture.&#160;These indentures will be filed either as exhibits to an amendment to the registration statement of which this prospectus forms a part or as an exhibit to a report under the Securities
      Exchange Act of 1934, as amended, or the Exchange Act, that will be incorporated by reference into the registration statement of which this prospectus forms a part or a prospectus supplement. We refer to any applicable prospectus supplement,
      amendment to the registration statement and/or Exchange Act report as &#8220;subsequent filings&#8221;. The senior indenture and the subordinated indenture, as amended or supplemented from time to time, are each referred to individually as an &#8220;indenture&#8221; and
      collectively as the &#8220;indentures.&#8221; Each indenture will be subject to and governed by the Trust Indenture Act of 1939, as amended, and will be construed in accordance with and governed by the laws of the State of New York (without giving effect to any
      principles thereof relating to conflicts of law that would result in the application of the laws of any other jurisdiction) unless otherwise stated in the applicable prospectus supplement and indenture (or post-effective amendment hereto).&#160;The
      aggregate principal amount of debt securities which may be issued under each indenture will contain the specific terms of any series of debt securities or provide that those terms must be set forth in or determined pursuant to, an authorizing
      resolution, as defined in the applicable prospectus supplement, and/or a supplemental indenture, if any, relating to such series.&#160;Our debt securities may be convertible or exchangeable into any of our equity or other debt securities. The Company may
      also offer and issue &#8220;debt-like securities&#8221; as permitted under the U.S. securities laws, pursuant to an applicable prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The following description sets forth certain general terms and provisions of the debt securities. The particular terms and provisions of the debt securities offered by any
      prospectus supplement, and the extent to which the general terms and provisions described below may apply to the offered debt securities, will be described in the applicable subsequent filings.&#160;The statements below are not complete and are subject
      to, and are qualified in their entirety by reference to, all of the provisions of the applicable indenture. The specific terms of any debt securities that we may offer, including any modifications of, or additions to, the general terms described
      below as well as any applicable material U.S. federal income tax considerations concerning the ownership of such debt securities will be described in the applicable prospectus supplement and indenture and, as applicable, supplemental indenture.
      Accordingly, for a complete description of the terms of a particular issue of debt securities, the general description of the debt securities set forth below should be read in conjunction with the applicable prospectus supplement and indenture, as
      amended or supplemented from time to time.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">General</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that neither indenture will limit the amount of debt securities which may be issued.&#160;The debt securities may be issued in one or more series.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">You should read the applicable indenture and subsequent filings relating to the particular series of debt securities for the following terms of the offered debt securities:</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the designation, aggregate principal amount and authorized denominations;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z3f4ce9aa455f47a6bb3f5471207fa06a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the issue price, expressed as a percentage of the aggregate principal amount;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z58a663ad9cf94787b14d1a5f8347ccdf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the maturity date;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zc23cbba8c233485e97beaba9f634e540" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the interest rate per annum, if any;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z55d186ec4e7f428a9a8637d989fb68b9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if the debt securities provide for interest payments, the date from which interest will accrue, the dates on which interest will be payable, the date on which payment of interest will commence
              and the regular record dates for interest payment dates;</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">15</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zde93a2c8f8eb4365adc5f1570135898d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any optional or mandatory sinking fund provisions or exchangeability provisions;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z040ee291f9ca4fdb974e5e9da696c215" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the terms and conditions upon which conversion of any convertible debt securities may be effected, including the conversion price, the conversion period and other conversion provisions;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za7cf731b405841e6a2e433b810eb624c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">whether the debt securities will be our senior or subordinated securities;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z233d4d59df884f2eb9a502acba4719f0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">whether the debt securities will be our secured or unsecured obligations;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z597d5b580b984aaeab1c212c97b91a29" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the applicability and terms of any guarantees;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z275f4d6ee7cf4c97ac02fc332a5f5ee6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the date, if any, after which and the price or prices at which the debt securities may be optionally redeemed or must be mandatorily redeemed and any other terms and provisions of optional or
              mandatory redemptions, including discharge and defeasance;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z0750e8d996bf46508e8bbf0ca5ec1eff" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if other than denominations of $2,000 and any integral multiple thereof, the denominations in which the debt securities of the series will be issuable;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z0e65a4b420404b01a488b9f32253c95c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if other than the full principal amount, the portion of the principal amount of the debt securities of the series which will be payable upon acceleration or provable in bankruptcy;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z5e65d3b35ccd40fa847ad16eb5f70fd0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any events of default not set forth in this prospectus;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z3486bcdbdb2b4da49c1d717ae14e00c9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the currency or currencies, including composite currencies, in which principal, premium and interest will be payable, if other than the currency of the United States of America;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zefed72f849774f65a77cc999c9d8a065" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if principal, premium or interest is payable, at our election or at the election of any holder, in a currency other than that in which the debt securities of the series are stated to be
              payable, the period or periods within which, and the terms and conditions upon which, the election may be made;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zc09f949582cc4abfaddcdb1dc6f12f6f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">whether interest will be payable in cash or additional securities at our or the holder&#8217;s option and the terms and conditions upon which the election may be made;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z889f432f578b458f9577b436a4c27b03" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if denominated in a currency or currencies other than the currency of the United States of America, the equivalent price in the currency of the United States of America for purposes of
              determining the voting rights of holders of those debt securities under the applicable indenture;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zd6155c4f364d4164bd645f48336ae535" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if the amount of payments of principal, premium or interest may be determined with reference to an index, formula or other method based on a coin or currency other than that in which the debt
              securities of the series are stated to be payable, the manner in which the amounts will be determined;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zde3feefcc7894cf189528e9c9a92eee9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any restrictive covenants or other material terms relating to the debt securities;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z728e5689570647458a1df14bdb59e978" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">whether the debt securities will be issued in the form of global securities or certificates in registered form;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z4fe4f6d11ed1482fa4c9632e647e80b7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any listing on any securities exchange or quotation system;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="ze9d66291956e44a68bd474a3fc0cab38" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">additional provisions, if any, related to defeasance and discharge of the debt securities; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z64cd82ec3e9f401f93ab38035972f941" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any other special features of the debt securities.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Subsequent filings may include additional terms not listed above.&#160;Unless otherwise indicated in subsequent filings with the Commission relating to the indenture, principal,
      premium and interest will be payable and the debt securities will be transferable at the corporate trust office of the applicable trustee.&#160;Unless other arrangements are made or set forth in subsequent filings or a supplemental indenture, principal,
      premium and interest will be paid by checks mailed to the registered holders at their registered addresses.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">16</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Unless otherwise indicated in subsequent filings with the Commission, the debt securities will be issued only in fully registered form without coupons, in minimum denominations of
      $2,000 or any integral multiple thereof.&#160;No service charge will be made for any transfer or exchange of the debt securities, but we may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection with these
      debt securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Some or all of the debt securities may be issued as discounted debt securities, bearing no interest or interest at a rate which at the time of issuance is below market rates, to
      be sold at a substantial discount below the stated principal amount.&#160;U.S. federal income tax consequences and other special considerations applicable to any discounted securities will be described in subsequent filings with the Commission relating to
      those securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We refer you to the applicable subsequent filings for the particular terms and provisions of the debt securities offered by any prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Senior Debt Securities</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue senior debt securities, which may be secured or unsecured, under the senior debt indenture. The senior debt securities will rank on an equal basis with all our other
      senior debt except subordinated debt.&#160;The senior debt securities will be effectively subordinated, however, to all of our secured debt to the extent of the value of the collateral securing such debt. We will disclose the amount of our debt in the
      prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Subordinated Debt Securities</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue subordinated debt securities under a subordinated debt indenture. These subordinated debt securities would rank subordinate and junior in priority of payment to
      certain of our other indebtedness to the extent described in the applicable prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Covenants</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Any series of debt securities may have covenants in addition to or differing from those included in the applicable indenture which will be described in subsequent filings prepared
      in connection with the offering of such securities, limiting or restricting, among other things:</div>
    <table cellspacing="0" cellpadding="0" id="z5995ff08679445d3a0d700045b401a22" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to incur either secured or unsecured debt, or both;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z01f64835a9444d3783037ed36543ec74" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to make certain payments, dividends, redemptions or repurchases;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z9e9dc263f9614e13a28416087c5b7d6d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to create dividend and other payment restrictions affecting our subsidiaries;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z577e4145db6742e8863b9eae434dbae8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to make investments;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zcbae02188d734a6ba1a36dc9abc64c05" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">mergers and consolidations by us or our subsidiaries;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z4696aaf1a4064058aae910ead66ed7cd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">sales of assets by us;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z8be0d9f128b64c039b6fd95a4ef6b2dd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to enter into transactions with affiliates;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z776bafd5cc324a22b5c4d508baec9262" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">our ability to incur liens;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z5a0bc9ff0ce74518a8456feb29c9d819" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">sale and leaseback transactions; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z60e25046d5904da4b13a48cda867d20b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any integral multiple thereof, the denominations in which the debt securities of the series will be issuable.</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">17</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Modification of the Indentures</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that each indenture and the rights of the respective holders may be modified by us only with the consent of holders of not less than a majority in aggregate principal
      amount of the outstanding debt securities of all series under the respective indenture affected by the modification, taken together as a class.&#160;But we expect that no modification that:</div>
    <table cellspacing="0" cellpadding="0" id="z023ec6ba879647d5a20ceaca1f5ca9d3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">changes the amount of securities whose holders must consent to an amendment, supplement or waiver;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zcbd2353003b54ad2b63c3a1d521ff952" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(2)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">reduces the rate of or changes the interest payment time on any security or alters its redemption provisions (other than any alteration to any such section which would not materially adversely
              affect the legal rights of any holder under the indenture) or the price at which we are required to offer to purchase the securities;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z6b895e19672348da86c858f0c4251b84" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(3)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">reduces the principal or changes the maturity of any security or reduces the amount of, or postpones the date fixed for, the payment of any sinking fund or analogous obligation;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf16d847cc9d04be2a766a55ced595fe0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(4)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">waives a default or event of default in the payment of the principal of or interest, if any, on any security (except a rescission of acceleration of the securities of any series by the holders
              of at least a majority in principal amount of the outstanding securities of that series and a waiver of the payment default that resulted from such acceleration);</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z9d1363ff903743fba490cf40042fcc66" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(5)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">makes the principal of or interest, if any, on any security payable in any currency other than that stated in the security;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z9ab6205faa1d48d0867f645c3865f7cc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(6)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">makes any change with respect to holders&#8217; rights to receive principal and interest, the terms pursuant to which defaults can be waived, certain modifications affecting shareholders or certain
              currency-related issues; or</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z6953f780671b4e37be6630e8fa3d8f16" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(7)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">waives a redemption payment with respect to any security or changes any of the provisions with respect to the redemption of any securities; will be effective against any holder without his
              consent. Other terms as specified in subsequent filings may be modified without the consent of the holders.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Events of Default</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that each indenture will define an event of default for the debt securities of any series as being any one of the following events:</div>
    <table cellspacing="0" cellpadding="0" id="za1481b3085514abb8f654763e0ea6047" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">default in any payment of interest when due which continues for 30 days;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zdce405088cd0432fb12f51c8ce7489b1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">default in any payment of principal or premium at maturity;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zdad0380204f9422eab01707874197c56" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">default in the deposit of any sinking fund payment when due;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="ze78343f0c9d84dfaabebe27495243dab" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">default in the performance of any covenant in the debt securities or the applicable indenture which continues for 60 days after we receive notice of the default;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z8fc642ba187248a3b9b01fc122133396" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">default under a bond, debenture, note or other evidence of indebtedness for borrowed money by us or our subsidiaries (to the extent we are directly responsible or liable therefor) having a
              principal amount in excess of a minimum amount set forth in the applicable subsequent filings, whether such indebtedness now exists or is hereafter created, which default shall have resulted in such indebtedness becoming or being declared due
              and payable prior to the date on which it would otherwise have become due and payable, without such acceleration having been rescinded, annulled or cured within 30 days after we receive notice of the default; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z59781e6b4dee4ef8b6792bfe38cde62f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">events of bankruptcy, insolvency or reorganization.</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">18</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">An event of default of one series of debt securities will not necessarily constitute an event of default with respect to any other series of debt securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">There may be such other or different events of default as described in an applicable subsequent filing with respect to any class or series of debt securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that under each indenture, in case an event of default occurs and continues for the debt securities of any series, the applicable trustee or the holders of not less than
      25% in aggregate principal amount of the debt securities then outstanding of that series may declare the principal and accrued but unpaid interest of the debt securities of that series to be due and payable.&#160;Further, any event of default for the debt
      securities of any series which has been cured is expected to be permitted to be waived by the holders of a majority in aggregate principal amount of the debt securities of that series then outstanding.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that each indenture will require us to file annually, after debt securities are issued under that indenture with the applicable trustee, a written statement signed by
      two of our officers as to the absence of material defaults under the terms of that indenture.&#160;We also expect that each indenture will provide that the applicable trustee may withhold notice to the holders of any default if it considers it in the
      interest of the holders to do so, except notice of a default in payment of principal, premium or interest.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Subject to the duties of the trustee in case an event of default occurs and continues, we expect that each indenture will provide that the trustee is under no obligation to
      exercise any of its rights or powers under that indenture at the request, order or direction of holders unless the holders have offered to the trustee indemnity and security reasonably satisfactory to it.&#160;Subject to these provisions for
      indemnification and the rights of the trustee, each indenture is expected to provide that the holders of a majority in principal amount of the debt securities of any series then outstanding have the right 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 as long as the exercise of that right does not conflict with any law or the indenture.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Defeasance and Discharge</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The terms of each indenture are expected to provide us with the option to be discharged from any and all obligations in respect of the debt securities issued thereunder upon the
      deposit with the trustee, in trust, of money or U.S. government obligations, or both, which through the payment of interest and principal in accordance with their terms will provide money in an amount sufficient to pay any installment of principal,
      premium and interest on, and any mandatory sinking fund payments in respect of, the debt securities on the stated maturity of the payments in accordance with the terms of the debt securities and the indenture governing the debt securities.&#160;We expect
      that this right may only be exercised if, among other things, we have received from, or there has been published by, the United States Internal Revenue Service a ruling to the effect that such a discharge will not be deemed, or result in, a taxable
      event with respect to holders.&#160;This discharge would not apply to our obligations to register the transfer or exchange of debt securities, to replace stolen, lost or mutilated debt securities, to maintain paying agencies and hold moneys for payment in
      trust.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Defeasance of Certain Covenants</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that the terms of each indenture will provide us with the right to omit complying with specified covenants and specified events of default described in a subsequent
      filing upon the deposit with the trustee, in trust, of money or U.S. government obligations, or both, which through the payment of interest and principal will provide money in an amount sufficient to pay any installment of principal, premium, and
      interest on, and any mandatory sinking fund payments in respect of, the debt securities on the stated maturity of the payments in accordance with the terms of the debt securities and the indenture governing the debt securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that to exercise this right we will also be required to deliver to the trustee an opinion of counsel to the effect that we have received from, or there has been
      published by, the United States Internal Revenue Service a ruling to the effect that the deposit and related covenant defeasance will not cause the holders of such series to recognize income, gain or loss for U.S. federal income tax purposes.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">19</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">A subsequent filing may further describe the provisions, if any, of any particular series of offered debt securities permitting a discharge defeasance.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Form of Debt Securities</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Each debt security will be represented either by a certificate issued in definitive form to a particular investor or by one or more global securities representing the entire
      issuance of securities. Both certificated securities in definitive form and global securities may be issued either in registered form, where our obligation runs to the holder of the security named on the face of the security, or in bearer form, where
      our obligation runs to the bearer of the security.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Definitive securities name you or your nominee as the owner of the security, other than definitive bearer securities, which name the bearer as owner, and in order to transfer or
      exchange these securities or to receive payments other than interest or other interim payments, you or your nominee must physically deliver the securities to the trustee, registrar, paying agent or other agent, as applicable.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Global securities name a depositary or its nominee as the owner of the debt securities represented by these global securities, other than global bearer securities, which name the
      bearer as owner. The depositary maintains a computerized system that will reflect each investor&#8217;s beneficial ownership of the securities through an account maintained by the investor with its broker/dealer, bank, trust company or other
      representative, as we explain more fully below.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Global Securities</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue the debt securities in the form of one or more fully registered global securities that will be deposited with a depositary or its nominee identified in the applicable
      prospectus supplement and registered in the name of that depositary or nominee. In those cases, one or more registered global securities will be issued in a denomination or aggregate denominations equal to the portion of the aggregate principal or
      face amount of the securities to be represented by registered global securities. Unless and until it is exchanged in whole for securities in definitive registered form, a registered global security may not be transferred except as a whole by and
      among the depositary for the registered global security, the nominees of the depositary or any successors of the depositary or those nominees. If not described below, any specific terms of the depositary arrangement with respect to any debt
      securities to be represented by a registered global security will be described in the prospectus supplement relating to those debt securities. We anticipate that the following provisions will apply to all depositary arrangements:</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Ownership of beneficial interests in a registered global security will be limited to persons, called participants, that have accounts with the depositary or persons that may hold
      interests through participants. Upon the issuance of a registered global security, the depositary will credit, on its book-entry registration and transfer system, the participants&#8217; accounts with the respective principal or face amounts of the
      securities beneficially owned by the participants. Any dealers, underwriters or selling agents participating in the distribution of the securities will designate the accounts to be credited. Ownership of beneficial interests in a registered global
      security will be shown on, and the transfer of ownership interests will be effected only through, records maintained by the depositary, with respect to interests of participants, and on the records of participants, with respect to interests of
      persons holding through participants. The laws of some jurisdictions may require that some purchasers of securities take physical delivery of these securities in definitive form. These laws may impair your ability to own, transfer or pledge
      beneficial interests in registered global securities. So long as the depositary, or its nominee, is the registered owner of a registered global security, that depositary or its nominee, as the case may be, will be considered the sole owner or holder
      of the securities represented by the registered global security for all purposes under the indenture.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Except as described below, owners of beneficial interests in a registered global security will not be entitled to have the securities represented by the registered global security
      registered in their names, will not receive or be entitled to receive physical delivery of the securities in definitive form and will not be considered the owners or holders of the securities under the indenture. Accordingly, each person owning a
      beneficial interest in a registered global security must rely on the procedures of the depositary for that registered global security and, if that person is not a participant, on the procedures of the participant through which the person owns its
      interest in that registered global security, to exercise any rights of a holder under the indenture. We understand that under existing industry practices, if we request any action of holders of a registered global security or if an owner of a
      beneficial interest in a registered global security desires to give or take any action that a holder is entitled to give or take under the indenture, the depositary for the registered global security would authorize the participants holding the
      relevant beneficial interests to give or take that action, and the participants would authorize beneficial owners owning through them to give or take that action or would otherwise act upon the instructions of beneficial owners holding through them.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Principal, premium, if any, and interest payments on debt securities represented by a registered global security registered in the name of a depositary or its nominee will be made
      to the depositary or its nominee, as the case may be, as the registered owner of the registered global security. None of us, the trustee or any other agent of us or agent of the trustee will have any responsibility or liability&#160;to owners of
      beneficial interests&#160;for any aspect of the records relating to payments made on account of beneficial ownership interests in the registered global security or for maintaining, supervising or reviewing any records relating to those beneficial
      ownership interests. We expect that the depositary for any of the securities represented by a registered global security, upon receipt of any payment of principal, premium, interest or other distribution of underlying securities or other property to
      holders on that registered global security, will immediately credit participants&#8217; accounts in amounts proportionate to their respective beneficial interests in that registered global security as shown on the records of the depositary. We also expect
      that payments by participants to owners of beneficial interests in a registered global security held through participants will be governed by standing customer instructions and customary practices, as is now the case with the securities held for the
      accounts of customers in bearer form or registered in &#8220;street name,&#8221; and will be the responsibility of those participants.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We expect that the indenture will provide that if the depositary for any of these securities represented by a registered global security is at any time unwilling or unable to
      continue as depositary or ceases to be a clearing agency registered under the Exchange Act, and a successor depositary registered as a clearing agency under the Exchange Act is not appointed by us within 90 days, we will be required to issue
      securities in definitive form in exchange for the registered global security that had been held by the depositary. In addition, the indenture is expected to allow us to decide, at any time and in our sole discretion, to not have any of the securities
      represented by one or more registered global securities. If we make that decision, we will issue securities in definitive form in exchange for all of the registered global security or securities representing those securities. Any securities issued in
      definitive form in exchange for a registered global security will be registered in the name or names that the depositary gives to the relevant trustee or other relevant agent of ours or theirs. It is expected that the depositary&#8217;s instructions will
      be based upon directions received by the depositary from participants with respect to ownership of beneficial interests in the registered global security that had been held by the depositary.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">In the event that the Depository Trust Company, or DTC, acts as depository for the global securities of any series, the global securities will be issued as fully registered
      securities registered in the name of Cede&#160;&amp; Co., as DTC&#8217;s nominee.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">20</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF WARRANTS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue warrants to purchase our debt or equity securities or securities of third parties or other rights, including rights to receive payment in cash or securities based on
      the value, rate or price of one or more specified currencies, securities or indices, or any combination of the foregoing. Warrants may be issued independently or together with any other securities and may be attached to, or separate from, such
      securities. Each series of warrants will be issued under a separate warrant agreement to be entered into between us and a warrant agent. The terms of any warrants to be issued and a description of the material provisions of the applicable warrant
      agreement will be set forth in the applicable prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The applicable prospectus supplement will describe the following terms of any warrants in respect of which this prospectus is being delivered:</div>
    <table cellspacing="0" cellpadding="0" id="z9e77ae92333b411e804c383c777afc6c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the title of such warrants;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z45981401fe534b988cb38e37735426f5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the aggregate number of such warrants;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zae3f0e38220c4493ae20f30a66351f34" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the price or prices at which such warrants will be issued;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z032b8c240f1542d8b86e88a8ed9dbb75" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the currency or currencies, in which the price of such warrants will be payable;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zda543809f15c4d61b80afc267da7ee0e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the securities or other rights, including rights to receive payment in cash or securities based on the value, rate or price of one or more specified currencies, securities or indices, or any
              combination of the foregoing, purchasable upon exercise of such warrants;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z61fdfca2032447deb1d48a7af7e9aa32" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the price at which, and the currency or currencies in which, the securities or other rights purchasable upon exercise of such warrants may be purchased;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zcb045178e4fd4418bed1f8dd90469a11" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the date on which the right to exercise such warrants shall commence and the date on which such right shall expire;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zd330ea3baec04bc29886a060b3da8bad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if applicable, the minimum or maximum amount of such warrants which may be exercised at any one time;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zd3641c18f1ce4e68bc4d4744ae7f4aa5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if applicable, the designation and terms of the securities with which such warrants are issued and the number of such warrants issued with each such security;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z42d1f290bec647938405fe94f1242681" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if applicable, the date on and after which such warrants and the related securities will be separately transferable;</div>
          </td>
        </tr>

    </table>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">information with respect to book-entry procedures, if any;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z90c9653064734f32ab4a3b788cb6212f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if applicable, a discussion of any material U.S. federal income tax considerations; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zff777b45c8c84a78b50245e5a41aba99" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any other terms of such warrants, including terms, procedures and limitations relating to the exchange and exercise of such warrants.</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">21</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF PURCHASE CONTRACTS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue purchase contracts for the purchase or sale of:</div>
    <table cellspacing="0" cellpadding="0" id="z974aaa87cabd49d0898d74c2e521cded" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">debt or equity securities issued by us, a basket of such securities, an index or indices of such securities, or any combination of the above, as specified in the applicable prospectus
              supplement; or</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf455a315c7734f0299ecc7edfcd490ea" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">currencies.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Each purchase contract will entitle the holder thereof to purchase or sell, and obligate us to sell or purchase, on specified dates, such securities or currencies at a specified
      purchase price, which may be based on a formula, all as set forth in the applicable prospectus supplement. We may, however, satisfy our obligations, if any, with respect to any purchase contract by delivering the cash value of such purchase contract
      or the cash value of the property otherwise deliverable or, in the case of purchase contracts on underlying currencies, by delivering the underlying currencies, as set forth in the applicable prospectus supplement. The applicable prospectus
      supplement will also specify the methods by which the holders may purchase or sell such securities or currencies and any acceleration, cancellation or termination provisions, provisions relating to U.S. federal income tax considerations, if any, or
      other provisions relating to the settlement of a purchase contract.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The purchase contracts may require us to make periodic payments to the holders thereof or vice versa, which payments may be deferred to the extent set forth in the applicable
      prospectus supplement, and those payments may be unsecured or&#160;pre-funded&#160;on some basis. The purchase contracts may require the holders thereof to secure their obligations in a specified manner to be described in the applicable prospectus supplement.
      Alternatively, purchase contracts may require holders to satisfy their obligations thereunder when the purchase contracts are issued. Our obligation to settle such&#160;pre-paid&#160;purchase contracts on the relevant settlement date may constitute
      indebtedness. Accordingly,&#160;pre-paid&#160;purchase contracts will be issued under either a senior indenture or subordinated indenture.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">22</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF RIGHTS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may issue rights to purchase our equity securities. These rights may be issued independently or together with any other security offered by this prospectus and may or may not
      be transferable by the shareholder receiving the rights in the rights offering. In connection with any rights offering, we may enter into a standby underwriting agreement with one or more underwriters pursuant to which the underwriter will purchase
      any securities that remain unsubscribed for upon completion of the rights offering.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The applicable prospectus supplement relating to any rights will describe the terms of the offered rights, including, where applicable, the following:</div>
    <table cellspacing="0" cellpadding="0" id="z2111699e376d48f4aebe1e424b8d2567" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the exercise price for the rights;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z115a8ae2e5c54a81ab4aeefe5236d330" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the number of rights issued to each shareholder;</div>
          </td>
        </tr>

    </table>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the extent to which the rights are transferable;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf8ee92d7566c437ebf9bfcae065d263a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">any other terms of the rights, including terms, procedures and limitations relating to the exchange and exercise of the rights;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zc4c938f2ba07465793f855ad476b7999" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the date on which the right to exercise the rights will commence and the date on which the right will expire;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z35e1626ecc7c4cd49770bdcfb9954239" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the amount of rights outstanding;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z0745a031962c450fb983c9da773ce410" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the extent to which the rights include an over-subscription privilege with respect to unsubscribed securities; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z9238ed1ba6c2461d86dcc5f21c92137c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the material terms of any standby underwriting arrangement entered into by us in connection with the rights offering.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The description in the applicable prospectus supplement of any rights we offer will not necessarily be complete and will be qualified in its entirety by reference to the
      applicable rights certificate or rights agreement, which will be filed with the Commission if we offer rights. For more information on how you can obtain copies of any rights certificate or rights agreement if we offer rights, see the section
      entitled &#8220;Where You Can Find Additional Information&#8221; of this prospectus. We urge you to read the applicable rights certificate, the applicable rights agreement and any applicable prospectus supplement in their entirety.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">23</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">DESCRIPTION OF UNITS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">As specified in the applicable prospectus supplement, we may issue units consisting of one or more of our rights, purchase contracts, warrants, debt securities, preferred shares,
      common shares or any combination of such securities. The applicable prospectus supplement will describe the terms of the offered units. We expect that such terms will include:</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the terms of the units and of the rights, purchase contracts, warrants, debt securities, preferred shares and common shares comprising the units, including whether and under what circumstances
              the securities comprising the units may be traded separately;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z69a8d7f08c4d4a09ab971fbcad832990" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">a description of the terms of any unit agreement governing the units;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z31b88960bd334470b6b00d6ec6743ca9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">if applicable, a discussion of any material U.S. federal income tax considerations; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z5228ace57c094abbac7e01af3ebe1a94" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">a description of the provisions for the payment, settlement, transfer or exchange of the units.</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">24</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">PLAN OF DISTRIBUTION</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may sell or distribute the securities included in this prospectus through underwriters, through agents, to dealers, in private transactions, at market prices prevailing at the
      time of sale, at prices related to the prevailing market prices, or at negotiated prices.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">In addition, we may sell some or all of the securities included in this prospectus through:</div>
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        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">a block trade in which a broker-dealer may resell a portion of the block, as principal, in order to facilitate the transaction;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z09d391def2254860bac45a875013ae7a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">purchases by a broker-dealer, as principal, and resale by the broker-dealer for its account;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z444b22aa5a8542399517e136d8c0aa32" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">ordinary brokerage transactions and transactions in which a broker solicits purchasers; or</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za8ae95013cb74e57997bc9b966c176a1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">trading plans entered into by us pursuant to Rule&#160;10b5-1&#160;under the Exchange Act that are in place at the time of an offering pursuant to this prospectus and any applicable prospectus
              supplement hereto that provide for periodic sales of our securities on the basis of parameters described in such trading plans.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">In addition, we may enter into options or other types of transactions that require us or them to deliver our securities to a broker-dealer, who will then resell or transfer the
      securities under this prospectus. We may enter into hedging transactions with respect to our securities. For example, we may:</div>
    <table cellspacing="0" cellpadding="0" id="z3c9c5f59f8ba42f8b6ad5e852b393aca" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">enter into transactions involving short sales of our common shares by broker-dealers;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z30a58fbe008149e688a05491f4fd0555" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">sell common shares short and deliver the shares to close out short positions;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z1007518a97a54f2db78de9767aa26f71" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">enter into option or other types of transactions that require us to deliver common shares to a broker-dealer, who will then resell or transfer the common shares under this prospectus;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z43315074165748a4ad7b7c9da72be8ca" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">loan or pledge the common shares to a broker-dealer, who may sell the loaned shares or, in the event of default, sell the pledged shares; or</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z11fb96b6ee71499dbecadc21e1e56507" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">a combination of the foregoing.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We may enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third parties in privately negotiated transactions. If the
      applicable prospectus supplement indicates, in connection with those derivatives, the third parties may sell securities covered by this prospectus and the applicable prospectus supplement, including in short sale transactions. If so, the third party
      may use securities pledged by us, or borrowed from us or others, to settle those sales or to close out any related open borrowings of stock, and may use securities received from us in settlement of those derivatives to close out any related open
      borrowings of stock. The third party in such sale transactions will be an underwriter and, if not identified in this prospectus, will be identified in the applicable prospectus supplement (or a post-effective amendment). In addition, we or any of our
      shareholders may otherwise loan or pledge securities (which may be newly-issued or outstanding securities) to a financial institution or other third party that in turn may sell the securities short using this prospectus or&#160;on-lend&#160;the securities to
      third parties who may sell the securities short using this prospectus. Such financial institution or other third party may transfer its economic short position to investors in our securities or in connection with a concurrent offering of other
      securities.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">As of the date of this prospectus, we are not a party to any agreement, arrangement or understanding between any broker or dealer and us with respect to the offer or sale of the
      securities pursuant to this prospectus.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">25</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">At the time that any particular offering of securities is made, to the extent required by the Securities Act, a prospectus supplement will be distributed, setting forth the terms
      of the offering, including the aggregate number of securities being offered, the purchase price of the securities, the initial offering price of the securities, the names of any underwriters, dealers or agents, any discounts, commissions and other
      items constituting compensation from us and any discounts, commissions or concessions allowed or&#160;re-allowed&#160;or paid to dealers. Furthermore, we, our executive officers and our directors may agree, subject to certain exemptions, that for a certain
      period from the date of the prospectus supplement under which the securities are offered, we will not, without the prior written consent of an underwriter, offer, sell, contract to sell, pledge or otherwise dispose of any of our common shares or any
      securities convertible into or exchangeable for our common shares. However, an underwriter, in its sole discretion, may release any of the securities subject to these&#160;lock-up&#160;agreements at any time without notice. We expect an underwriter to exclude
      from these&#160;lock-up&#160;agreements securities exercised and/or sold pursuant to trading plans entered into by us pursuant to Rule&#160;10b5-1&#160;under the Exchange Act, that are in place at the time of an offering pursuant to this prospectus and any applicable
      prospectus supplement hereto that provide for periodic sales of our securities on the basis of parameters described in such trading plans.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Underwriters or agents could make sales in privately negotiated transactions and/or any other method permitted by law, including sales deemed to be an&#160;at-the-market&#160;offering as
      defined in Rule 415 promulgated under the Securities Act, which includes sales made directly on or through the NYSE, the existing trading market for our common shares, or sales made to or through a market maker other than on an exchange.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We will bear costs relating to the securities offered and sold by us under this Registration Statement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">If more than five percent (5%) or more of the net proceeds of any offering of common shares made under this prospectus will be received by a Financial Industry Regulatory
      Authority, or FINRA, member participating in the offering or affiliates or associated persons of such a FINRA member, the offering will be conducted in accordance with FINRA Rule 5121.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">26</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">TAX CONSIDERATIONS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">You should carefully read the discussion of the material Bermuda and U.S. federal income tax considerations associated with our operations and the acquisition, ownership and
      disposition of our common shares set forth in the section entitled &#8220;Taxation&#8221; of our Annual Report for the year ended December 31, 2025, filed with the Commission on March&#160;16, 2026, incorporated by reference herein.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">27</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">EXPENSES</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The following are the estimated expenses of the issuance and distribution of the securities being registered under the registration statement of which this prospectus forms a
      part, all of which will be paid by us.</div>
    <table cellspacing="0" cellpadding="0" id="zc50516bc768244b38fc1220ecf21db89" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Commission Registration Fee</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">*&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">FINRA Fee</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#8212;&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">NYSE Supplemental Listing Fee</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Blue Sky Fees and Expenses</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Printing and Related Expenses</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Legal Fees and Expenses</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Accounting Fees and Expenses</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Transfer Agent and Registrar Fees</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Indenture Trustee Fees and Expenses</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">Miscellaneous</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">**&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 73.02%; vertical-align: top; background-color: #CCEEFF;">
            <div style="text-align: justify; text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Total</div>
          </td>
          <td style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-weight: bold;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.45%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-weight: bold;">$</div>
          </td>
          <td nowrap="nowrap" style="width: 15.95%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-weight: bold;">&#160;&#160;&#160;&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 6.13%; vertical-align: bottom; background-color: #CCEEFF;">
            <div style="font-family: 'Times New Roman', serif; font-weight: bold;">**&#160;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zdb3fc5c2482b4984882563ba4d19333c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 22.5pt; vertical-align: top; font-family: 'Times New Roman', serif;">*</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">The registrant is registering an indeterminate amount of securities under the registration statement and in accordance with Rules 456(b) and 457(r), the registrant is deferring payment of any
              registration fee until the time the securities are sold under the registration statement pursuant to a prospectus supplement.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za878ea22536148829b264da13f0b8862" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 22.5pt; vertical-align: top; font-family: 'Times New Roman', serif;">**</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To be provided by a prospectus supplement or as an exhibit to a Report on Form&#160;6-K&#160;that is incorporated by reference into this prospectus.</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">LEGAL MATTERS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The validity of the securities offered by this prospectus will be passed upon for us by MJM Limited with respect to matters of Bermuda law and by Seward&#160;&amp; Kissel LLP, New
      York, New York, with respect to matters of U.S. and New York law.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">EXPERTS</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">
      <div style="margin-bottom: 12pt; font-family: 'Times New Roman', Times, serif;">The consolidated financial statements of SFL Corporation Ltd. appearing in SFL Corporation Ltd.&#8217;s Annual Report (Form 20-F) for the year ended December 31, 2025, and the
        effectiveness of SFL Corporation Ltd.&#8217;s internal control over financial reporting as of December 31, 2025 have been audited by Ernst &amp; Young AS, independent registered public accounting firm, as set forth in their reports thereon included
        therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference in reliance upon such report given on the authority of such firm as experts in accounting and auditing. The address of Ernst
        &amp; Young AS is Stortorvet 7, 0155 Oslo, Norway.</div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">28</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">WHERE YOU CAN FIND ADDITIONAL INFORMATION</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">As required by the Securities Act, we filed a registration statement with the Commission relating to the securities offered by this prospectus.&#160;This prospectus is a part of that
      registration statement, which includes additional information.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Government Filings</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We file annual and special reports with the Commission. The Commission maintains a website (http://www.sec.gov) that contains reports, proxy and information statements and other
      information regarding registrants that file electronically with the Commission.&#160;This prospectus and any prospectus supplement are part of a registration statement that we filed with the Commission and do not contain all of the information in the
      registration statement. The full registration statement may be obtained from the Commission or us, as indicated below. Forms of the indenture and other documents establishing the terms of the offered securities are filed as exhibits to the
      registration statement. Statements in this prospectus or any prospectus supplement about these documents are summaries and each statement is qualified in all respects by reference to the document to which it refers. You should refer to the actual
      documents for a more complete description of the relevant matters.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Further information about our company is available on our website at www.sflcorp.com. The information on our website does not constitute a part of, as is not incorporated by
      reference into, this prospectus.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Information Incorporated by Reference</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">The Commission allows us to &#8220;incorporate by reference&#8221; information that we file with it. This means that we can disclose important information to you by referring you to those
      filed documents. The information incorporated by reference is considered to be a part of this prospectus, and information that we file later with the Commission before all of the securities offered by this prospectus are sold will also be considered
      to be part of this prospectus and will automatically update and supersede previously filed information, including information contained in this document.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We incorporate by reference the documents listed below and any future filings made with the Commission under Section&#160;13(a), 13(c) or 15(d) of the Exchange Act:</div>
    <table cellspacing="0" cellpadding="0" id="z3371e4851765463b9701c1e2b2929617" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 54pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">the Company&#8217;s Annual Report on <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001289877/000128987726000008/sfl-20251231.htm">Form&#160;20-F</a>&#160;for the year ended December&#160;31, 2025,
              filed with the Commission on March&#160;16, 2026, which contains audited consolidated financial statements for the most recent fiscal year for which those statements have been filed; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z831f4502d3df49b085eb6af66b1da8e2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 54pt;"><br>
          </td>
          <td style="width: 18pt; vertical-align: top;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;"><a href="https://www.sec.gov/Archives/edgar/data/1289877/000104746904018552/a2137223z8-a12b.htm">Form&#160;8-A12B</a>, filed with the Commission on May&#160;26, 2004, registering the Company&#8217;s common
              shares under Section&#160;12(b) of the Exchange Act, and any amendment filed thereto.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We are also incorporating by reference all subsequent annual reports on Form&#160;20-F&#160;that we file with the Commission and current reports on Form&#160;6-K&#160;that we furnish to the
      Commission after the date of this prospectus (if they state that they are incorporated by reference into this prospectus) until we file a post-effective amendment indicating that the offering of the securities made by this prospectus has been
      terminated. In all cases, you should rely on the later information over different information included in this prospectus or any prospectus supplement.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">You may request a free copy of the above-mentioned filings or any subsequent filing we incorporated by reference to this prospectus by writing or telephoning us at the following
      address:</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif; font-weight: bold;">SFL Corporation Ltd.</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">Par-la-Ville Place, 4th Floor</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">14 Par-la-Ville Road</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">Hamilton HM 08, Bermuda</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">Tel: 1&#160;800-715-6374</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">Email: ir@sflcorp.com</div>
    <div style="text-align: center; text-indent: 36pt; font-family: 'Times New Roman', serif;">Attn: Investor Relations</div>
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">29</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div><br>
    </div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Information Provided by the Company</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">We will furnish holders of our common shares with annual reports containing audited financial statements and a report by our independent registered public accounting firm. We
      prepare our audited financial statements in accordance with U.S. GAAP. As a &#8220;foreign private issuer,&#8221; we are exempt from the rules under the Exchange Act prescribing the furnishing and content of proxy statements to shareholders. While we furnish
      proxy statements to shareholders in accordance with the rules of the NYSE, those proxy statements do not conform to Schedule&#160;14A of the proxy rules promulgated under the Exchange Act. In addition, as a &#8220;foreign private issuer,&#8221; our officers and
      directors are exempt from the rules under the Exchange Act relating to short swing profit reporting and liability.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Disclosure of Commission Position on Indemnification for Securities Act Liabilities</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling the registrant pursuant to the foregoing
      provisions, we have been informed that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">30</font></div>
      <div class="BRPFPageBreak" 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>
    <!--PROfilePageNumberReset%Num%1%II-%%-->
    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">PART II</div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION NOT REQUIRED IN THE PROSPECTUS</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Item&#160;8. Indemnification of Directors and Officers.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Section&#160;98 of the Companies Act of 1981 of the Islands of Bermuda, as amended, or the Companies Act, permits the&#160;Bye-laws&#160;of a Bermuda company to contain a provision exempting
      from personal liability of a director or officer to the company for any loss arising or liability attaching to him by virtue of any rule of law in respect of any negligence default, breach of duty or breach of trust of which the officer or person may
      be guilty.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Section&#160;98 of the Companies Act grants companies the power (except in relation to an allegation of fraud or dishonesty proved against them) to indemnify directors and officers of
      the company if any such person was or is a party or threatened to be made a party to a threatened, pending or completed action, suit or proceeding by reason of the fact that he or she is or was a director and officer of the company or was serving in
      a similar capacity for another entity at the company&#8217;s request.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Section&#160;98A of the Companies Act permits a company to purchase and maintain insurance on behalf of any officer for any liability asserted against him or her and liability and
      expenses incurred in his or her capacity as a director, officer, employee or agent arising out of his or her status as such in respect of any loss arising or liability attaching to him or her by virtue of any rule of law in respect of any negligence,
      default, breach of duty or breach of trust of which the officer may be guilty in relation to the company or any subsidiary thereof.&#160;While the Company has not previously maintained such insurance, it is currently in the process of applying for and
      attempting to procure such a policy for current and prior directors.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Bye-laws&#160;number 136 through 144 of SFL Corporation Ltd, or the Company, provide as follows:</div>
    <table cellspacing="0" cellpadding="0" id="z129e66b2f60f46b091170005bfdf008c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">136.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">No Director, Alternate Director, Officer, member of a committee authorized under&#160;Bye-law&#160;98, Resident Representative of the Company or their respective heirs, executors or administrators shall
              be liable for the acts, receipts, neglects, or defaults of any other such person or any person involved in the formation of the Company, or for any loss or expense incurred by the Company through the insufficiency or deficiency of title to
              any property acquired by the Company, or for the insufficiency or deficiency of any security in or upon which any of the monies of the Company shall be invested, or for any loss or damage arising from the bankruptcy, insolvency, or tortious
              act of any person with whom any monies, securities or effects shall be deposited, or for any loss occasioned by any error of judgment, omission, default, or oversight on his part, or for any other loss, damage or misfortune whatsoever which
              shall happen in relation to the execution of his duties, or supposed duties, to the Company or otherwise in relation thereto.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zad2258feb6e44256901f1f0c7a24e9b3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">137.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Every Director, Alternate Director, Officer, member of a committee constituted under&#160;Bye-law&#160;98, Resident Representative of the Company or their respective heirs, executors or administrators
              shall be indemnified and held harmless out of the funds of the Company to the fullest extent permitted by Bermuda law against all liabilities loss damage or expense (including but not limited to liabilities under contract, tort and statute or
              any applicable foreign law or regulation and all reasonable legal and other costs and expenses properly payable) incurred or suffered by him as such Director, Alternate Director, Officer, committee member or Resident Representative and the
              indemnity contained in this&#160;Bye-law&#160;shall extend to any person acting as such Director, Alternate Director, Officer, committee member or Resident Representative in the reasonable belief that he has been so appointed or elected notwithstanding
              any defect in such appointment or election.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z1ce658e484384206894ac5f9471c93d7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top;"><font style="font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</font><font style="font-family: 'Times New Roman', serif;">138.</font></td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Every Director, Alternate Director, officer, member of a committee constituted under&#160;Bye-law&#160;98, Resident Representative of the Company and their respective heirs, executors or administrators
              shall be indemnified out of the funds of the Company against all liabilities incurred by him as such Director, Alternate Director, Officer, member of a committee constituted under&#160;Bye-law&#160;98, Resident Representative in defending any
              proceedings, whether civil or criminal, in which judgment is given in his favour, or in which he is acquitted, or in connection with any application under the Companies Acts in which relief from liability is granted to him by the court.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za891d7cff77d435e82d7f6457fdbdfa1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">139.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To the extent that any Director, Alternate Director, Officer, member of a committee constituted under&#160;Bye-law&#160;98, Resident Representative of the Company or any of their respective heirs,
              executors or administrators is entitled to claim an indemnity pursuant to these&#160;Bye-laws&#160;in respect of amounts paid or discharged by him, the relative indemnity shall take effect as an obligation of the Company to reimburse the person making
              such payment or effecting such discharge.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z38781e4f2c454066a378b187c9828bbe" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">140.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">The Board of Directors may arrange for the Company to be insured in respect of all or any part of its liability under the provision of these&#160;Bye-laws&#160;and may also purchase and maintain
              insurance for the benefit of any Directors, Alternate Directors, Officers, person or member of a committee authorised under&#160;Bye-law&#160;98, employees or Resident Representatives of the Company in respect of any liability that may be incurred by
              them or any of them howsoever arising in connection with their respective duties or supposed duties to the Company. This&#160;Bye-law&#160;shall not be construed as limiting the powers of the Board to effect such other insurance on behalf of the
              Company as it may deem appropriate.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z127ac1897c524d60ae9121ac4339b4bb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">141.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Notwithstanding anything contained in the Principal Act, the Company may advance moneys to an Officer or Director for the costs, charges and expenses incurred by the Officer or Director in
              defending any civil or criminal proceedings against them on the condition that the Director or Officer shall repay the advance if any allegation of fraud or dishonesty is proved against them.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z7711cf4fee224f80b49911772619362c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">142.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Each Member agrees to waive any claim or right of action he might have, whether individually or by or in the right of the Company, against any Director, Alternate Director, Officer of the
              Company, person or member of a committee authorised under&#160;Bye-law&#160;107, Resident Representative of the Company or any of their respective heirs, executors or administrators on account of any action taken by any such person, or the failure of
              any such person to take any action in the performance of his duties, or supposed duties, to the Company or otherwise in relation thereto.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf775f1b19f0d4c7c89bbc574e646a499" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">143.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">The restrictions on liability, indemnities and waivers provided for in&#160;Bye-laws&#160;136 to 142 inclusive shall not extend to any matter which would render the same void pursuant to the Companies
              Acts.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zf5191941a78b4fd989578d0fa12f29c9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">144.</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">The restrictions on liability, indemnities and waivers contained in&#160;Bye-laws&#160;136 to 142 inclusive shall be in addition to any rights which any person concerned may otherwise be entitled by
              contract or as a matter of applicable Bermuda law.</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Item&#160;9. Exhibits</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">A list of exhibits included as part of this registration statement is set forth in the Exhibit Index which immediately precedes such exhibits and is incorporated herein by
      reference.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">Item&#160;10. Undertakings.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(a) The undersigned registrant hereby undertakes:</div>
    <table cellspacing="0" cellpadding="0" id="zb853c6ac1c55487181a16996ccefb910" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za87be080041c46a49e40c1752ea04971" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To include any prospectus required by Section&#160;10(a)(3) of the Securities Act of 1933;</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">II-1</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z516642fc79ad4a5eb1aa4157a15909b0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in
              the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered
              would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate,
              the changes in volume and price represent no more than 20&#160;percent change in the maximum aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective registration statement.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="za2de62e3f0964208b828bb6d676f8403" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(iii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the
              registration statement.</div>
          </td>
        </tr>

    </table>
    <div style="margin: 0px 0px 1px; font-family: 'Times New Roman', serif;">
      <table cellspacing="0" cellpadding="0" id="za2de62e3f0964208b828bb6d676f8403" class="DSPFListTable">

          <tr>
            <td style="width: 72pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;"><br>
            </td>
            <td style="width: auto; vertical-align: top;"><font style="background-color: rgb(255, 255, 255); font-weight: normal; color: rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 10pt; font-style: normal; font-variant: normal; text-transform: none;">Provided, however, that paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this section do not apply if the registration statement is on Form&#160;F-3&#160;and the information required to be included in a post-effective
                amendment by those paragraphs is contained in reports filed with or furnished to the SEC by the registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration
                statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the registration statement.</font></td>
          </tr>

      </table>
      <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z3c21aabe8027432ab6ffca6dc857f7e6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(2)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">That, for the purpose of determining any liability under the Securities Act of 1933, as amended, each such post-effective amendment shall be deemed to be a new registration statement relating
              to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z870a8a3a23084ced945ca28038f1f05c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(3)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zd1691edd4dfc466a890abc4898bf1ace" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(4)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">To file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A. of Form&#160;20-F&#160;at the start of any delayed offering or throughout a
              continuous offering. Financial statements and information otherwise required by Section&#160;10(a)(3) of the Act need not be furnished,<font style="font-style: italic;">&#160;provided</font>, that the registrant includes in the prospectus, by means of
              a post-effective amendment, financial statements required pursuant to this paragraph (a)(4) and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial
              statements. Notwithstanding the foregoing, with respect to registration statements on&#160;Form&#160;F-3,&#160;a post-effective amendment need not be filed to include financial statements and information required by Section&#160;10(a)(3) of the Securities Act of
              1933 or Item 8.A of Form&#160;20-F&#160;if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section&#160;13 or Section&#160;15(d) of the Securities Exchange Act of
              1934 that are incorporated by reference in the&#160;Form&#160;F-3.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zd52df7640c8a4334823c59a73c7a6822" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(5)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z8270bfeb6eb040a296a26c1a7b21e54d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">If the registrant is relying on Rule 430B:</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z9de66c310fd441b8bf5240c613bd46e2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 108pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(A)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of this Registration Statement as of the date the filed prospectus was deemed part of and included
              in this Registration Statement; and</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: -36pt; margin-left: 144pt; margin-bottom: 12pt;"><font style="font-family: 'Times New Roman', serif;"> </font><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">II-2</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd2f000df92804e938c68b4dfefb5358b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 108pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(B)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to
              Rule&#160;415(a)(1)(i), (vii), or (x)&#160;for the purpose of providing the information required by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such
              form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at
              that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at
              that time shall be deemed to be the initial bona fide offering thereof.<font style="font-style: italic;">&#160;Provided, however,</font>&#160;that no statement made in a registration statement or prospectus that is part of the registration statement or
              made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date,
              supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z346aa23140af41d3bb88ea4c9b300117" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(6)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, the undersigned registrant
              undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or
              sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zace2f6846456424e864b483200ebac5f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(i)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z357568148d9e4b6ea3c26525085c5613" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(ii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="z6424d89deb404d20a17827d63dbbb03f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(iii)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the
              undersigned registrant; and</div>
          </td>
        </tr>

    </table>
    <table cellspacing="0" cellpadding="0" id="zcb627aca992e489b8d4029e1c2ee17bb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 72pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif;">(iv)</td>
          <td style="width: auto; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the
      registrant&#8217;s annual report pursuant to Section&#160;13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section&#160;15(d) of the Securities Exchange Act of 1934)
      that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
      fide offering thereof.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(c) &#8211;&#160;(f) [Reserved].</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(g)&#160;&#160;&#160; Not applicable.</div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">II-3</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    <div style="margin-bottom: 8pt;"><br>
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    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(h) &#160;&#160; Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of
      the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore,
      unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of
      any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling
      precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(i)&#160;&#160;&#160; Not applicable.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(j)&#160;&#160;&#160; The undersigned registrant hereby undertakes to file an application for the purpose of determining the eligibility of the trustee to act under subsection
      (a)&#160;of Section&#160;310 of the Trust Indenture Act in accordance with the rules and regulations prescribed by the Commission under Section&#160;305(b)(2) of the Trust Indenture Act.</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">(k)&#160;&#160; Not applicable.</div>
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
    <div style="margin-top: 12pt; font-family: 'Times New Roman', serif;">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on
      Form&#160;F-3&#160;and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 44.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
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            <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">SFL Corporation Ltd.</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif;">(Registrant)</div>
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        <tr>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Date: March 17, 2026</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">
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          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
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          </td>
          <td style="width: 3%; vertical-align: top;">
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          <td style="width: 1%; vertical-align: bottom;">
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          <td style="width: 44%; vertical-align: top; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: justify; font-family: 'Times New Roman', serif;">/s/ Ole B. Hjertaker</div>
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        </tr>
        <tr>
          <td style="width: 44.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
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          <td style="width: 3%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 44.99%; vertical-align: top;">&#160;</td>
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          </td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
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          <td style="width: 44.99%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: bottom;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 3%; vertical-align: top;">&#160;</td>
          <td style="width: 1%; vertical-align: bottom;">
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    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">POWER OF ATTORNEY</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Keith J. Billotti and Michael Indelicato his true and
      lawful&#160;attorney-in-fact&#160;and agent, with full powers of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this
      Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said&#160;attorney-in-fact&#160;and agent full power and authority to do and
      perform each and every act and thing requisite and necessary to be done, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said&#160;attorney-in-fact&#160;and agent, or his substitute, may
      lawfully do or cause to be done by virtue thereof.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons on March 17, 2026 in the capacities
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              <div style="text-align: justify; font-family: 'Times New Roman', serif;">/s/ Ole B. Hjertaker</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;"> Director and Chief Executive Officer of SFL Management AS</div>
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          <td style="width: 45.92%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);"><br>
            /s/ Aksel C. Olesen<br>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Chief Financial Officer of SFL Management AS</div>
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            <div>&#160;</div>
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        </tr>
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          <td style="width: 45.92%; vertical-align: middle; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">/s/ Thecla Panagides</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Thecla Panagides</div>
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          <td style="width: 54.08%; vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 45.92%; vertical-align: middle;">&#160;</td>
          <td style="width: 54.08%; vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 45.92%; vertical-align: top; border-bottom: 2px solid #000000;">
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              <div style="text-align: justify; font-family: 'Times New Roman', serif;">/s/ James O&#8217;Shaughnessy</div>
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          <td style="width: 2.04%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td style="width: 45.92%; vertical-align: middle;">
            <div>James O&#8217;Shaughnessy</div>
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          <td style="width: 45.92%; vertical-align: top; border-bottom: 2px solid #000000;">
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          <td style="width: 2.04%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div>Kathrine Astrup Fredriksen</div>
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          <td style="width: 45.92%; vertical-align: top; border-bottom: 2px solid #000000;">
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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              <div style="text-align: justify; font-family: 'Times New Roman', serif;">/s/ Jan Erik Klepsland</div>
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          <td style="width: 2.04%; vertical-align: bottom;">&#160;</td>
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    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">II-6</font></div>
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', serif; font-weight: bold;">AUTHORIZED UNITED STATES REPRESENTATIVE</div>
    <div style="margin-top: 12pt; font-family: 'Times New Roman', serif;">Pursuant to the requirement of the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of the aforementioned Registrant, has signed this
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    <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;</div>
    <table cellspacing="0" cellpadding="0" id="z442cccb3df214b9a9a7e3bcd6b1d3a81" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 19.99%; vertical-align: top;">&#160;</td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Form of Warrant Agreement*</div>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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          </td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
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          </td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Form of Unit Agreement*</div>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 88.99%; vertical-align: top;">
            <div style="text-align: justify; color: #0000FF; font-family: 'Times New Roman', serif;"><a href="d12042649_ex4-7.htm">Form of Senior Indenture</a></div>
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        </tr>
        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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        <tr>
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          <td style="width: 4.94%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 88.99%; vertical-align: top;">
            <div style="text-align: justify; color: #0000FF; font-family: 'Times New Roman', serif;"><a href="d12042649_ex4-8.htm">Form of Subordinated Indenture</a></div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 6.08%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;&#160;&#160;5.1</div>
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          <td style="width: 4.94%; vertical-align: bottom;">
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 88.99%; vertical-align: top;">
            <div style="text-align: justify; color: #0000FF; font-family: 'Times New Roman', serif;"><a href="d12042649_ex5-1.htm">Opinion of MJM Ltd., Bermuda counsel to the
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          </td>
        </tr>
        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 6.08%; vertical-align: top;">
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          <td style="width: 88.99%; vertical-align: top;">
            <div style="text-align: justify; color: #0000FF; font-family: 'Times New Roman', serif;"><a href="d12120473_ex5-2.htm">Opinion of Seward&#160;&amp; Kissel LLP, U.S.
                counsel to the Company</a></div>
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        </tr>
        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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            <div style="text-align: justify; color: #0000FF; font-family: 'Times New Roman', serif;"><a href="d12120475_ex8-1.htm">Opinion of Seward&#160;&amp; Kissel LLP, with
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        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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        <tr>
          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
          <td style="width: 93.92%; vertical-align: middle;" colspan="2">&#160;</td>
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          <td nowrap="nowrap" style="width: 6.08%; vertical-align: top;">&#160;</td>
          <td style="width: 4.94%; vertical-align: bottom;">&#160;</td>
          <td style="width: 88.99%; vertical-align: top;">&#160;</td>
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          <td style="width: 6.08%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">To be filed either as an amendment or as an exhibit to a report filed pursuant to the Securities Exchange Act of 1934 of the Registrant and incorporated by reference into this Registration
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      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">TABLE OF CONTENTS</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z698b1a301c0d4a0cbdaa4791d8293a13" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 78%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.71%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.81%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;&#160;</div>
          </td>
          <td style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;&#160;</div>
          </td>
          <td style="width: 3.51%; vertical-align: bottom;" colspan="2">
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt; font-weight: bold;">Page</div>
          </td>
          <td style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 94.88%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE I DEFINITIONS AND INCORPORATION BY REFERENCE</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.71%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.81%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">1</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;1.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Definitions</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">1</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;1.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Other Definitions</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">4</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;1.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Incorporation by Reference of Trust Indenture Act</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">5</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;1.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rules of Construction</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">5</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 94.88%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE II THE SECURITIES</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.71%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.81%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">6</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Issuable in Series</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">6</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Establishment of Terms of Series of Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">6</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Execution and Authentication</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">8</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Registrar and Paying Agent</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Paying Agent to Hold Money in Trust</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Securityholder Lists</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Transfer and Exchange</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">10</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Mutilated, Destroyed, Lost and Stolen Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">10</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Outstanding Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Treasury Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Temporary Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.12</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Cancellation</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">12</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.13</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Defaulted Interest</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">12</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.14</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Global Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">12</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.15</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">CUSIP Numbers</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 94.88%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE III REDEMPTION</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.71%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.81%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice to Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Selection of Securities to be Redeemed</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice of Redemption</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Effect of Notice of Redemption</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Deposit of Redemption Price</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Securities Redeemed in Part</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 94.88%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE IV COVENANTS</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.71%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.81%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Payment of Principal and Interest</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">SEC Reports</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compliance Certificate</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.71%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.81%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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    <div style="margin-bottom: 8pt;"><br>
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    <div><br>
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          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Stay, Extension and Usury Laws</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Corporate Existence</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Taxes</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Additional Interest Notice</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Further Instruments and Acts</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
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          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;5.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">When Company May Merge, Etc.</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;5.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successor Corporation Substituted</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">19</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE VI DEFAULTS AND REMEDIES</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">19</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Events of Default</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">19</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Acceleration of Maturity; Rescission and Annulment</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">21</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Collection of Indebtedness and Suits for Enforcement by Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">22</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee May File Proofs of Claim</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">22</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee May Enforce Claims Without Possession of Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Application of Money Collected</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Limitation on Suits</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Unconditional Right of Holders to Receive Principal and Interest</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Restoration of Rights and Remedies</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rights and Remedies Cumulative</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Delay or Omission Not Waiver</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.12</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Control by Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.13</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Waiver of Past Defaults</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.14</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Undertaking for Costs</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE VII TRUSTEE</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">26</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Duties of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">26</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rights of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">27</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Individual Rights of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee&#8217;s Disclaimer</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice of Defaults</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Reports by Trustee to Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compensation and Indemnity</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Replacement of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">29</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successor Trustee by Merger, etc.</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">30</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Eligibility; Disqualification</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">30</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Preferential Collection of Claims Against Company</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">30</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>

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    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div><br>
      </div>
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    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
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    <div style="margin-bottom: 8pt;"><br>
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    <div><br>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 77.78%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE VIII SATISFACTION AND DISCHARGE; DEFEASANCE</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">30</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Satisfaction and Discharge of Indenture</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">30</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Application of Trust Funds; Indemnification</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">31</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Legal Defeasance of Securities of any Series</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">32</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Covenant Defeasance</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">33</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Repayment to Company</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">34</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE IX AMENDMENTS AND WAIVERS</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">35</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Without Consent of Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">35</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">With Consent of Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">35</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Limitations</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">36</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compliance with Trust Indenture Act</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">37</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Revocation and Effect of Consents</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">37</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notation on or Exchange of Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">37</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee Protected</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">37</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Effect of Supplemental Indenture</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">37</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE X MISCELLANEOUS</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">38</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trust Indenture Act Controls</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">38</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notices</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">38</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Communication by Holders with Other Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Certificate and Opinion as to Conditions Precedent</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Statements Required in Certificate or Opinion</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Record Date for Vote or Consent of Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rules by Trustee and Agents</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Legal Holidays</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">No Recourse Against Others</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Counterparts</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Governing Laws and Submission to Jurisdiction</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.12</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">No Adverse Interpretation of Other Agreements</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.13</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successors</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.14</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Severability</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.15</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Table of Contents, Headings, Etc.</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.16</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Securities in a Foreign Currency or in ECU</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.17</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Judgment Currency</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">42</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.18</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compliance with Applicable Anti-Terrorism and Money Laundering Regulations</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">42</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">iii</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zffbc5f846af7475588b6910208ff3e70" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 77.78%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 95.73%; vertical-align: top;" colspan="3">
            <div style="font-family: 'Times New Roman', serif;">ARTICLE XI SINKING FUNDS</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 2.14%; vertical-align: top;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">43</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;11.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Applicability of Article</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">43</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;11.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Satisfaction of Sinking Fund Payments with Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">43</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;11.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Redemption of Securities for Sinking Fund</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">43</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">iv</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Reconciliation and tie between Trust Indenture Act of 1939 and Indenture,</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Dated as of [ ], 20[ ]</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zd323f7a15fdb433ea4285616d845f4bd" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50.96%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.97%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;310(a)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(3)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(4)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(5)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">S&#160;311(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;312(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">2.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;313(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">S&#160;314(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">4.02, 10.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(3)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(e)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(f)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;315(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(e)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;316(a)(1)(A)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.12</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(1)(B)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;317(a)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">2.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;318(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.01</div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Note: This reconciliation and tie shall not, for any purpose, be deemed to be part of the Indenture.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">v</font></div>
      <div class="BRPFPageBreak" 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>
    <!--PROfilePageNumberReset%Num%1%%%-->
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Indenture dated as of [ ], 20[ ] between [ ], a company organized under the laws of [ ] (the &#8220;Company&#8221;) and [ ] (the &#8220;Trustee&#8221;).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Securities issued
        under this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE I</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DEFINITIONS AND INCORPORATION BY REFERENCE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.01 Definitions.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Additional Amounts</font>&#8221; means any additional amounts which are required hereby or by any Security, under
        circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified therein and which are owing to such Holders.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Affiliate</font>&#8221; of any specified person means any other person directly or indirectly controlling or
        controlled by or under direct or indirect common control with such specified person. For the purposes of this definition, &#8220;control&#8221; (including, with correlative meanings, the terms &#8220;controlled by&#8221; and &#8220;under common control with&#8221;), as used with
        respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership of voting securities or by agreement or otherwise.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Agent</font>&#8221; means any Registrar or Paying Agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Bankruptcy Law</font>&#8221; means Title 11 of the United States Code (or any successor thereto) or any similar
        federal or state law for the relief of debtors.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Board of Directors</font>&#8221; means the board of directors of the Company or any duly authorized committee
        thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Board Resolution</font>&#8221; means a copy of a resolution certified by the Secretary or an Assistant Secretary of
        the Company to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate and delivered to the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Business Day</font>&#8221; means any day other than a (x)&#160;Saturday, (y) Sunday or (z)&#160;day on which state or
        federally chartered banking institutions in New York, New York are not required to be open.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Capital Stock</font>&#8221; of any Person means any and all shares, interests, rights to purchase, warrants,
        options, participations or other equivalents of or interests in (however designated) equity of such Person, but excluding any debt securities convertible into such equity.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Certificated Securities</font>&#8221; means Securities in the form of physical, certificated Securities in
        registered form.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company</font>&#8221; means the party named as such above until a successor replaces it in accordance with the
        terms of this Indenture and thereafter means the successor.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">1</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company Order</font>&#8221; means a written order signed in the name of the Company by two Officers, one of whom must be the
        Company&#8217;s principal executive officer, principal financial officer or principal accounting officer.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company Request</font>&#8221; means a written request signed in the name of the Company by its Chairman of the
        Board, a President or a Vice President, and by its Chief Financial Officer, its Secretary or an Assistant Secretary, and delivered to the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Corporate Trust Office</font>&#8221; means the office of the Trustee at which at any particular time its corporate
        trust business shall be principally administered which office at the date of the execution of this Indenture is [ ], Attention: [ ], or at such other address as the Trustee may designate from time to time.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Custodian</font>&#8221; means any receiver, trustee, assignee, liquidator, sequestrator or similar official under
        any Bankruptcy Law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Default</font>&#8221; or &#8220;default&#8221; means any event which is, or after notice or passage of time or both would be,
        an Event of Default.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Default Rate</font>&#8221; means the default rate of interest specified in the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Depository</font>&#8221; means, with respect to the Securities of any Series issuable or issued in whole or in part
        in the form of one or more Global Securities, the person designated as Depository for such Series by the Company, which Depository shall be a clearing agency registered under the Exchange Act; and if at any time there is more than one such person,
        &#8220;Depository&#8221; as used with respect to the Securities of any Series shall mean the Depository with respect to the Securities of such Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Discount Security</font>&#8221; means any Security that provides for an amount less than the stated principal
        amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section&#160;6.02.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Dollars</font>&#8221; means the currency of The United States of America.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">ECU</font>&#8221; means the European Currency Unit as determined by the Commission of the European Union.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Exchange Act</font>&#8221; means the Securities Exchange Act of 1934, as amended.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Foreign Currency</font>&#8221; means any currency or currency unit issued by a government other than the government
        of The United States of America.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Foreign Government Obligations</font>&#8221; means with respect to Securities of any Series that are denominated in
        a Foreign Currency, (i)&#160;direct obligations of the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged or (ii)&#160;obligations of a person controlled or supervised by or
        acting as an agency or instrumentality of such government the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by such government, which, in either case under clauses (i)&#160;or (ii), are not callable or
        redeemable at the option of the issuer thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Global Security</font>&#8221; or &#8220;<font style="font-weight: bold;">Global Securities</font>&#8221; means a Security or
        Securities, as the case may be, in the form established pursuant to Section&#160;2.02 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">2</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Holder</font>&#8221; or &#8220;<font style="font-weight: bold;">Securityholder</font>&#8221; means a person in whose name a Security is
        registered.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Indenture</font>&#8221; means this Indenture as amended and supplemented from time to time and shall include the
        form and terms of particular Series of Securities established as contemplated hereunder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Interest</font>,&#8221; in respect of the Securities, unless the context otherwise requires, refers to interest
        payable on the Securities, including any additional interest that may become payable pursuant to Section&#160;6.02(b).</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Maturity</font>,&#8221; when used with respect to any Security or installment of principal thereof, means the date
        on which the principal of such Security or such installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption, notice of option to elect
        repayment or otherwise.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Officer</font>&#8221; means the Chairman of the Board, the President, any Vice-President, the Treasurer, the
        Secretary, any Assistant Treasurer or any Assistant Secretary of the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Officers&#8217; Certificate</font>&#8221; means a certificate signed by two Officers, one of whom must be the Company&#8217;s
        principal executive officer, principal financial officer or principal accounting officer.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Opinion of Counsel</font>&#8221; means a written opinion of legal counsel who is, and which opinion is, acceptable
        to the Trustee and its counsel. Such legal counsel may be an employee of or counsel to the Company or the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Person</font>&#8221; means any individual, corporation, partnership, joint venture, association, limited liability
        company, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Principal</font>&#8221; or &#8220;<font style="font-weight: bold;">principal</font>&#8221; of a Security means the principal of
        the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Responsible Officer</font>&#8221; means any officer of the Trustee in its Corporate Trust Office and also means,
        any vice president, managing director, director, associate, assistant vice president, or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also, with respect to
        a particular corporate trust matter, any other officer to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with a particular subject.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">SEC</font>&#8221; means the Securities and Exchange Commission.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Security</font>&#8221; or &#8220;<font style="font-weight: bold;">Securities</font>&#8221; means the debentures, notes or other
        debt instruments of the Company of any Series authenticated and delivered under this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Series</font>&#8221; or &#8220;<font style="font-weight: bold;">Series of Securities</font>&#8221; means each series of
        debentures, notes or other debt instruments of the Company created pursuant to Sections 2.01 and 2.02 hereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Stated Maturity</font>&#8221; when used with respect to any Security or any installment of principal thereof or
        interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">3</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Subordinated Indebtedness</font>&#8221; means any indebtedness which is expressly subordinated to the indebtedness evidenced by
        Securities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Subsidiary</font>&#8221; means, in respect of any Person, any corporation, association, partnership or other
        business entity of which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of directors,
        managers, general partners or trustees thereof is at the time owned or controlled, directly or indirectly, by (i)&#160;such Person; (ii)&#160;such Person and one or more Subsidiaries of such Person; or (iii)&#160;one or more Subsidiaries of such Person.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">TIA</font>&#8221; means the Trust Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb) as in effect on the
        date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, &#8220;TIA&#8221; means, to the extent required by any such amendment, the Trust Indenture Act as so amended.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Trustee</font>&#8221; means the person named as the &#8220;Trustee&#8221; in the first paragraph of this instrument until a
        successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter &#8220;Trustee&#8221; shall mean or include each person who is then a Trustee hereunder, and if at any time there is more than one such person,
        &#8220;Trustee&#8221; as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">U.S. Government Obligations</font>&#8221; means securities which are (i)&#160;direct obligations of The United States of
        America for the payment of which its full faith and credit is pledged or (ii)&#160;obligations of a person controlled or supervised by and acting as an agency or instrumentality of The United States of America the payment of which is unconditionally
        guaranteed as a full faith and credit obligation by The United States of America, and which in the case of (i)&#160;and (ii) are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank
        or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt,
        provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation
        evidenced by such depository receipt.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.02&#160;<u>Other Definitions</u>.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z178415edb003441f844237aa73b26234" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50.96%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.97%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 50.96%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">TERM</div>
            </div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">DEFINED&#160;IN&#160;SECTION</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Applicable Law&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Event of Default&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">6.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Instrument&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">6.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Journal&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Judgment Currency&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Legal Holiday&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.08</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;mandatory sinking fund payment&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">11.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Market Exchange Rate&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;New York Banking Day&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;optional sinking fund payment&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">11.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Paying Agent&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Registrar&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Required Currency&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;successor person&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">5.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Temporary Securities&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.11</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">4</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.03&#160;<u>Incorporation by Reference of Trust Indenture Act</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. This
        Indenture shall also include those provisions of the TIA required to be included herein by the provisions of the Trust Indenture Reform Act of 1990. The following TIA terms used in this Indenture have the following meanings:</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture securities</font>&#8221; means the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture security holder</font>&#8221; means a Securityholder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture to be qualified</font>&#8221; means this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture trustee</font>&#8221; or &#8220;institutional trustee&#8221; means the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">obligor</font>&#8221; on the indenture securities means the Company and any successor obligor upon the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule under
        the TIA and not otherwise defined herein are used herein as so defined.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.04&#160;<u>Rules of Construction</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless the context otherwise requires:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;a term has the meaning assigned to it;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;an accounting term not otherwise defined has the meaning assigned to it in accordance with generally accepted accounting principles;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;references to &#8220;generally accepted accounting principles&#8221; shall mean generally accepted accounting principles in effect as of the time when
        and for the period as to which such accounting principles are to be applied;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;&#8220;or&#8221; is not exclusive;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;words in the singular include the plural, and in the plural include the singular;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;provisions apply to successive events and transactions;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;references to agreements and other instruments include subsequent amendments thereto;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;the term &#8220;merger&#8221; includes a statutory share exchange, and the term &#8220;merged&#8221; has a correlative meaning; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;&#8220;herein,&#8221; &#8220;hereof&#8221; and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other
        subdivision.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">5</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE II</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">THE SECURITIES</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.01&#160;<u>Issuable in Series</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may be
        issued in one or more Series. All Securities of a Series shall be identical except as may be set forth in a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate detailing the adoption of the terms thereof pursuant to the authority
        granted under a Board Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officers&#8217; Certificate or supplemental indenture may provide for the method by which specified terms (such as interest
        rate, maturity date, record date or date from which interest shall accrue) are to be determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the
        benefits of the Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.02&#160;<u>Establishment of Terms of Series of Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">At or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally, in the case of
        Subsection (a), and either as to such Securities within the Series or as to the Series generally in the case of Subsections (b)&#160;through (t) by a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate pursuant to authority granted
        under a Board Resolution:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the title, designation, aggregate principal amount and authorized denominations of the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the price or prices, (expressed as a percentage of the aggregate principal amount thereof) at which the Securities of the Series will be
        issued;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the date or dates on which the principal of the Securities of the Series is payable;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the rate or rates (which may be fixed or variable) per annum or, if applicable, the method used to determine such rate or rates (including,
        but not limited to, any commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear interest, if any, the date or dates from which such interest, if any, shall commence and be payable and
        any regular record date for the interest payable on any interest payment date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;any optional or mandatory sinking fund provisions or conversion or exchangeability provisions upon which Securities of the Series shall be
        redeemed, purchased, converted or exchanged;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;the date, if any, after which and the price or prices at which the Securities of the Series may be optionally redeemed or must be
        mandatorily redeemed and any other terms and provisions of optional or mandatory provisions;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;if other than denominations of $2,000 and any integral multiple thereof, the denominations in which the Securities of the Series shall be
        issuable;</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">6</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;if other than the full principal amount, the portion of the principal amount of the Securities of the Series that shall be payable upon declaration of
        acceleration pursuant to Section&#160;6.02 or provable in bankruptcy;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;any addition to or change in the Events of Default which applies 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&#160;6.02;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;the currency or currencies, including composite currencies, in which payments of principal of, premium or interest, if any, on the
        Securities of the Series will be payable, if other than the currency of the United States of America;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(k)&#160;if payments of principal of, premium or interest, if any, on the Securities of the Series will be payable, at the Company&#8217;s election or at
        the election of any Holder, in a currency other than that in which the Securities of the Series are stated to be payable, the period or periods within which, and the terms and conditions upon which, the election may be made;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(l)&#160;if payments of interest, if any, on the Securities of the Series will be payable, at the Company&#8217;s election or at the election of any
        Holder, in cash or additional securities, and the terms and conditions upon which the election may be made;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(m)&#160;if denominated in a currency or currencies other than the currency of the United States of America, the equivalent price of the Securities
        of the Series in the currency of the United States of America for purposes of determining the voting rights of Holders of the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(n)&#160;if the amount of payments of principal, premium or interest may be determined with reference to an index, formula or other method based on a
        coin or currency other than that in which the Securities of the Series are stated to be payable, the manner in which the amounts will be determined;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(o)&#160;any restrictive covenants or other material terms relating to the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(p)&#160;whether the Securities of the Series will be issued in the form of global securities or certificates in registered form;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(q)&#160;any terms with respect to subordination;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(r)&#160;any listing on any securities exchange or quotation system;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(s)&#160;additional provisions, if any, related to defeasance and discharge of the offered debt securities; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(t)&#160;the applicability of any guarantees, which would be governed by New York law.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">7</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">All Securities of any one Series need not be issued at the same time and may be issued from time to time, consistent with the terms of this Indenture, if so
        provided by or pursuant to the Board Resolution, supplemental indenture or Officers&#8217; Certificate referred to above, and the authorized principal amount of any Series may not be increased to provide for issuance of additional Securities of such
        Series, unless otherwise provided in such Board Resolution, supplemental Indenture or Officers&#8217; Certificate.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.03&#160;<u>Execution and Authentication</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Two Officers shall sign the Securities for the Company by manual or facsimile signature.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the Security shall
        nevertheless be valid.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A Security shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent. The signature shall be
        conclusive evidence that the Security has been authenticated under this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall at any time, and from time to time, authenticate Securities for original issue in the principal amount provided in the Board
        Resolution, supplemental indenture hereto or Officers&#8217; Certificate, upon receipt by the Trustee of a Company Order. Such Company Order may authorize authentication and delivery pursuant to oral or electronic instructions from the Company or its
        duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing. Each Security shall be dated the date of its authentication unless otherwise provided by a Board Resolution, a supplemental indenture hereto or an
        Officers&#8217; Certificate.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum principal amount
        for such Series set forth in the Board Resolution, supplemental indenture hereto or Officers&#8217; Certificate delivered pursuant to Section&#160;2.02, except as provided in Section&#160;2.08.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section&#160;7.02) shall be fully protected in
        relying on: (a)&#160;the Board Resolution, supplemental indenture hereto or Officers Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of that Series or of Securities
        within that Series, (b)&#160;an Officers&#8217; Certificate complying with Section&#160;10.04, and (c)&#160;an Opinion of Counsel complying with Section&#160;10.04.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall have the right to decline to authenticate and deliver any Securities of such Series: (a)&#160;if the Trustee, being advised by
        counsel, determines that such action may not lawfully be taken; or (b)&#160;if a Responsible Officer of the Trustee in good faith shall determine that such action would expose the Trustee to personal liability to Holders of any then outstanding Series
        of Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may appoint an authenticating agent acceptable to the Company to authenticate Securities. An authenticating agent may authenticate
        Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If any successor that has replaced the Company in accordance with Article 5 has executed an indenture supplemental hereto with the Trustee
        pursuant to Section&#160;5.01, any of the Securities authenticated or delivered prior to such transaction may, from time to time, at the request of such successor, be exchanged for other Securities executed in the name of the such successor with such
        changes in phraseology and form as may be appropriate, but otherwise identical to the Securities surrendered for such exchange and of like</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">8</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">principal amount; and the Trustee, upon receipt of a Company Order of such successor, shall authenticate and deliver Securities as specified in such order for the purpose of such
        exchange. If Securities shall at any time be authenticated and delivered in any new name of such successor pursuant to this provision of Section&#160;2.03 in exchange or substitution for or upon registration of transfer of any Securities, such
        successor, at the option of the Holders but without expense to them, shall provide for the exchange of all Securities then outstanding for Securities authenticated and delivered in such new name.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.04&#160;<u>Registrar and Paying Agent</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series pursuant to
        Section&#160;2.02, an office or agency where Securities of such Series may be presented or surrendered for payment (&#8220;Paying Agent&#8221;) and where Securities of such Series may be surrendered for registration of transfer or exchange (&#8220;Registrar&#8221;). The
        Registrar shall keep a register with respect to each Series of Securities and to their transfer and exchange. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or address, of each
        Registrar and Paying Agent. If at any time the Company shall fail to maintain any such required Registrar or Paying Agent or shall fail to furnish the Trustee with the name and address thereof, such presentations and surrenders may be made or
        served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations and surrenders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may also from time to time designate one or more&#160;co-registrars&#160;or additional paying agents and may from time to time rescind such
        designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar or Paying Agent in each place so specified pursuant to Section&#160;2.02 for Securities of any
        Series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any such&#160;co-registrar&#160;or additional paying agent. The term &#8220;Registrar&#8221; includes
        any&#160;co-registrar;&#160;and the term &#8220;Paying Agent&#8221; includes any additional paying agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company hereby appoints [ ] as the initial Registrar and Paying Agent for each Series unless another Registrar or Paying Agent as the case
        may be, is appointed prior to the time Securities of that Series are first issued. Each Registrar and Paying Agent shall be entitled to all of the rights, protections, exculpations and indemnities afforded to the Trustee in connection with its
        roles as Registrar and Paying Agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.05&#160;<u>Paying Agent to Hold Money in Trust</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust, for the benefit
        of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will notify the Trustee of any default by the Company in making any such
        payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the
        Trustee, the Paying Agent (if other than the Company or a Subsidiary) shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of
        Securityholders of any Series of Securities all money held by it as Paying Agent.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.06&#160;<u>Securityholder Lists</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of
        Securityholders of each Series of Securities and shall otherwise comply with TIA Section&#160;312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least [ ] days before each interest payment date and at such other
        times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each Series of Securities.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">9</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.07&#160;<u>Transfer and Exchange</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Where Securities of a Series are presented to the Registrar or a&#160;co-registrar&#160;with a request to register a transfer or to exchange them for an
        equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the exchange if its requirements for such transactions are met. To permit registrations of transfers and exchanges, the Trustee shall
        authenticate Securities at the Registrar&#8217;s request. Any exchange or transfer shall be without charge, except that the Company or the Registrar may require payment of a sum sufficient to cover any tax or other governmental charge required by law;
        provided that this sentence shall not apply to any exchange pursuant to Section&#160;2.11, 2.08, 3.06 or 9.06.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Neither the Company nor the Registrar shall be required (a)&#160;to issue, register the transfer of, or exchange Securities of any Series for the
        period beginning at the opening of business [ ] days immediately preceding the mailing of a notice of redemption of Securities of that Series selected for redemption and ending at the close of business on the day of such mailing, or (b)&#160;to register
        the transfer of or exchange Securities of any Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called or being called for redemption in part.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All Securities issued upon any transfer or exchange of Securities shall be valid obligations of the Company, evidencing the same debt and
        entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. Any Registrar appointed pursuant to Section&#160;2.04 shall provide to the Trustee such information as the Trustee may reasonably require
        in connection with the delivery by such Registrar of Securities upon transfer or exchange of Securities. Each Holder of a Security agrees to indemnify the Company and the Trustee against any liability that may result from the transfer, exchange or
        assignment of such Holder&#8217;s Security in violation of any provision of this Indenture and/or applicable U.S. federal or state securities law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.08&#160;<u>Mutilated, Destroyed, Lost and Stolen Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If any mutilated Security is surrendered to the Registrar, the Company shall execute and the Trustee shall authenticate and deliver in exchange
        therefor a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If there shall be delivered to the Company and the Registrar (i)&#160;evidence to their satisfaction of the destruction, loss or theft of any
        Security and (ii)&#160;such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Registrar that such Security has been acquired by a bona
        fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of like tenor and principal
        amount and bearing a number not contemporaneously outstanding.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion
        may, instead of issuing a new Security, pay such Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Upon the issuance of any new Security under this Section, the Company 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>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">10</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional
        contractual obligation of the Company, whether or not the 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The provisions of this Section 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-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.09&#160;<u>Outstanding Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those delivered to
        it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section as not outstanding.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If a Security is replaced pursuant to Section&#160;2.08, it ceases to be outstanding until the Trustee receives proof satisfactory to it that the
        replaced Security is held by a bona fide purchaser.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof) holds on the Maturity of Securities of a Series money
        sufficient to pay such Securities payable on that date, then on and after that date such Securities of the Series cease to be outstanding and interest on them ceases to accrue.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A Security does not cease to be outstanding because the Company or an Affiliate holds the Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In determining whether the Holders of the requisite principal amount of outstanding Securities have given any request, demand, authorization,
        direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such
        determination upon a declaration of acceleration of the Maturity thereof pursuant to Section&#160;6.02.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.10&#160;<u>Treasury Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In determining whether the Holders of the required principal amount of Securities of a Series have concurred in any request, demand,
        authorization, direction, notice, consent or waiver Securities of a Series owned by the Company or an Affiliate shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected in relying on any such request,
        demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.11&#160;<u>Temporary Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary securities upon a
        Company Order (&#8220;Temporary Securities&#8221;). Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the
        Company shall prepare and the Trustee upon written request shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary securities shall have the same rights
        under this Indenture as the definitive Securities.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">11</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.12&#160;<u>Cancellation</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee
        or its agent any Securities surrendered to them for transfer, exchange, payment or conversion. The Trustee and no one else shall cancel, in accordance with its standard procedures, all Securities surrendered for transfer, exchange, payment,
        conversion or cancellation and shall deliver the cancelled Securities to the Company. No Security shall be authenticated in exchange for any Security cancelled pursuant to this Section&#160;2.12.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, to the extent permitted by law, purchase Securities in the open market or by tender offer at any price or by private
        agreement. Any Securities purchased or otherwise acquired by the Company or any of its Subsidiaries prior to the final maturity of such Securities may, to the extent permitted by law, be reissued or resold or may, at the option of the Company, be
        surrendered to the Trustee for cancellation. Any Securities surrendered for cancellation may not be reissued or resold and shall be promptly cancelled by the Trustee, and the Company may not hold or resell such Securities or issue any new
        Securities to replace any such Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.13&#160;<u>Defaulted Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If the Company defaults in a payment of interest on a Series of Securities, it shall pay defaulted interest, plus, to the extent permitted by
        law, any interest payable on the defaulted interest at the Default Rate, to the persons who are Security holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least [ ] days before the
        record date, the Company shall mail to the Trustee and the Paying Agent and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in
        any other lawful manner.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.14&#160;<u>Global Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;A Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate shall establish whether the Securities of a Series shall be
        issued in whole or in part in the form of one or more Global Securities and the Depository for such Global Security or Securities.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;(i)&#160;Notwithstanding any provisions to the contrary contained in Section&#160;2.07 of the Indenture and in addition thereto, any Global Security
        shall be exchangeable pursuant to Section&#160;2.07 of the Indenture for Securities registered in the names of Holders other than the Depository for such Security or its nominee only if (A)&#160;such Depository notifies the Company that it is unwilling or
        unable to continue as Depository for such Global Security or if at any time such Depository ceases to be a clearing agency registered under the Exchange Act, and, in either case, the Company fails to appoint a successor Depository within 90 days of
        such event, (B)&#160;the Company executes and delivers to the Trustee an Officers&#8217; Certificate to the effect that such Global Security shall be so exchangeable or (C)&#160;an Event of Default with respect to the Securities represented by such Global Security
        shall have happened and be continuing.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;Except as provided in this Section&#160;2.14(b), a Global Security may not be transferred except as a whole by the
        Depository with respect to such Global Security to a nominee of such Depository, by a nominee of such Depository to such Depository or another nominee of such Depository or by the Depository or any such nominee to a successor Depository or a
        nominee of such a successor Depository.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">12</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;Securities issued in exchange for a Global Security or any portion thereof shall be issued in definitive, fully registered form,
        without interest coupons, shall have an aggregate principal amount equal to that of such Global Security or portion thereof to be so exchanged, shall be registered in such names and be in such authorized denominations as the Depository shall
        designate and shall bear the applicable legends provided for herein. Any Global Security to be exchanged in whole shall be surrendered by the Depository to the Trustee, as Registrar. With regard to any Global Security to be exchanged in part,
        either such Global Security shall be so surrendered for exchange or, if the Registrar is acting as custodian for the Depository or its nominee with respect to such Global Security, the principal amount thereof shall be reduced by an amount equal to
        the portion thereof to be so exchanged, by means of an appropriate adjustment made on the records of the Trustee. Upon any such surrender or adjustment, the Trustee shall authenticate and deliver the Security issuable on such exchange to or upon
        the order of the Depository or an authorized representative thereof.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iv)&#160;The registered Holder may grant proxies and otherwise authorize any Person, including participants in the Depository
        and persons that may hold interests through participants in the Depository, to take any action which a Holder is entitled to take under this Indenture or the Securities.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(v)&#160;In the event of the occurrence of any of the events specified in 2.14(b)(i), the Company will promptly make available
        to the Trustee a reasonable supply of Certificated Securities in definitive, fully registered form, without interest coupons. If (A)&#160;an event described in Section&#160;2.14(b)(i)(A) or (B)&#160;occurs and definitive Certificated Securities are not issued
        promptly to all beneficial owners or (B)&#160;the Registrar receives from a beneficial owner instructions to obtain definitive Certificated Securities due to an event described in Section&#160;2.14(b)(i)(C) and definitive Certificated Securities are not
        issued promptly to any such beneficial owner, the Company expressly acknowledges, with respect to the right of any Holder to pursue a remedy pursuant to Section&#160;6.07 hereof, the right of any beneficial owner of Securities to pursue such remedy with
        respect to the portion of the Global Security that represents such beneficial owner&#8217;s Securities as if such definitive certificated Securities had been issued.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(vi)&#160;Notwithstanding any provision to the contrary in this Indenture, so long as a Global Security remains outstanding and
        is held by or on behalf of the Depository, transfers of a Global Security, in whole or in part, or of any beneficial interest therein, shall only be made in accordance with Section&#160;2.07, this Section&#160;2.14(b) and the rules and procedures of the
        Depository for such Global Security to the extent applicable to such transaction and as in effect from time to time.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">13</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;Any Global Security issued hereunder shall bear a legend in substantially the following form:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in the name of the Depository
        or a nominee of the Depository. This Security is exchangeable for Securities registered in the name of a person other than the Depository or its nominee only in the limited circumstances described in the Indenture, and 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 another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such a successor
        Depository.&#8221;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;The Depository, as a Holder, may appoint agents and otherwise authorize participants to give or take any request, demand, authorization,
        direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by Section&#160;2.02, payment of the principal
        of and interest, if any, on any Global Security shall be made to the Holder thereof at their registered office.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;At all times the Securities are held in book-entry form with a Depository, (i)&#160;the Trustee may deal with such Depository as the authorized
        representative of the Holders, (ii)&#160;the rights of the Holders shall be exercised only through the Depository and shall be limited to those established by law and agreement between the Holders and the Depository and/or direct participants of the
        Depository, (iii)&#160;the Depository will make book-entry transfers among the direct participants of the Depository and will receive and transmit distributions of principal and interest on the Securities to such direct participants; and (iv)&#160;the direct
        participants of the Depository shall have no rights under this Indenture, or any supplement hereto, under or with respect to any of the Securities held on their behalf by the Depository, and the Depository may be treated by the Trustee and its
        agents, employees, officers and directors as the absolute owner of the Securities for all purposes whatsoever.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.15&#160;<u>CUSIP Numbers</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company in issuing the Securities may use &#8220;CUSIP&#8221;, &#8220;CCN&#8221;, &#8220;ISIN&#8221; or other identification numbers (if then generally in use), and, if so, the
        Trustee shall use &#8220;CUSIP&#8221;, &#8220;CCN&#8221;, &#8220;ISIN&#8221; or such other identification numbers 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 elements of identification printed on the Securities, and any such redemption shall not be affected by any defect in or
        omission of such numbers.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE III</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">REDEMPTION</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.01&#160;<u>Notice to Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, with respect to any series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to
        redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is obligated to
        redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee and Registrar in writing of the redemption date and the principal amount of Series of
        Securities to be redeemed. The Company shall give the notice at least [ ] days before the redemption date (or such shorter notice as may be acceptable to the Trustee and Registrar).</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">14</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.02&#160;<u>Selection of Securities to be Redeemed</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate, if less than all
        the Securities of a Series are to be redeemed, the Registrar shall select the Securities of the Series to be redeemed in accordance with its customary procedures. The Registrar shall make the selection from Securities of the Series outstanding not
        previously called for redemption. The Registrar may select for redemption portions of the principal of Securities of the Series that have denominations larger than $2,000. Securities of the Series and portions of them it selects shall be in amounts
        of $2,000 or whole multiples of $2,000 or, with respect to Securities of any Series issuable in other denominations pursuant to Section&#160;2.02(g), the minimum principal denomination for each Series and integral multiples thereof. Provisions of this
        Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of that Series called for redemption.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.03&#160;<u>Notice of Redemption</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise indicated for a particular Series by Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate, at least [
        ] days but not more than [ ] days before a redemption date, the Company shall mail a notice of redemption by first-class mail to each Holder whose Securities are to be redeemed.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The notice shall identify the Securities of the Series to be redeemed and shall state:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the redemption date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the redemption price;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the name and address of the Paying Agent;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;that Securities of the Series called for redemption must be surrendered to the Paying Agent to collect the redemption price;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;that interest on Securities of the Series called for redemption ceases to accrue on and after the redemption date; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;any other information as may be required by the terms of the particular Series or the Securities of a Series being redeemed.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">At the Company&#8217;s written request, the Trustee shall distribute the notice of redemption prepared by the Company in the Company&#8217;s name and at
        its expense.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.04&#160;<u>Effect of Notice of Redemption</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Once notice of redemption is mailed or published as provided in Section&#160;3.03, Securities of a Series called for redemption become due and
        payable on the redemption date and at the redemption price. A notice of redemption may not be conditional. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">15</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.05&#160;<u>Deposit of Redemption Price</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">On or before the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued
        interest, if any, on all Securities to be redeemed on that date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.06&#160;<u>Securities Redeemed in Part</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon surrender of a Security that is redeemed in part, the Trustee shall authenticate for the Holder a new Security of the same Series and the
        same maturity equal in principal amount to the unredeemed portion of the Security surrendered.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE IV</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">COVENANTS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.01&#160;<u>Payment of Principal and Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will duly and punctually pay the principal
        of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise provided under the terms of a particular Series of Securities:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;an installment of principal or interest shall be considered paid on the date it is due if the Paying Agent (other than the Company) holds by
        [ ] [a].m., New York City time, on that date money, deposited by the Company or an Affiliate thereof, sufficient to pay such installment. The Company shall (in immediately available funds), to the fullest extent permitted by law, pay interest on
        overdue principal and overdue installments of interest at the rate borne by the Securities per annum; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;payment of the principal of and interest on the Securities shall be made at the office or agency of the Company maintained for that purpose
        in [ ] (which shall initially be [ ], the Paying Agent) in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts;&#160;<font style="font-style: italic;">provided, however</font>,
        that at the option of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address appears in the register;&#160;<font style="font-style: italic;">provided, further</font>, that a Holder with
        an aggregate principal amount in excess of $[ ] will be paid by wire transfer in immediately available funds at the election of such Holder if such Holder has provided wire transfer instructions to the Company at least [ ] Business Days prior to
        the payment date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.02&#160;<u>SEC Reports</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">So long as any Securities are outstanding, the Company shall (i)&#160;file with the SEC within the time periods prescribed by its rules and
        regulations and (ii)&#160;furnish to the Trustee and the Holders of the Securities within [ ] days after the date on which the Company would be required to file the same with the SEC pursuant to its rules and regulations (giving effect to any grace
        period provided by Rule&#160;12b-25&#160;under the Exchange Act), all quarterly and annual financial information required to be furnished or filed with the SEC pursuant to Section&#160;13 and Section&#160;15(d) of the Exchange Act and, with respect to the annual
        consolidated financial statements only, a report thereon by the Company&#8217;s independent auditors. The Company also shall comply with the other provisions of TIA Section&#160;314(a).</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">16</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Delivery of such reports, information and documents to the Trustee is for informational purposes only, and the Trustee&#8217;s receipt of such shall not constitute
        constructive notice of any information contained therein or determinable from information contained therein, including the Company&#8217;s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on
        Officers&#8217; Certificates). The Company shall not be required to file any report or other information with the SEC if the SEC does not permit such filing, although such reports shall be furnished to the Trustee. Documents filed by the Company with the
        SEC via the SEC&#8217;s EDGAR system (or any successor thereto) will be deemed furnished to the Trustee and the Holders of the Securities as of the time such documents are filed via EDGAR (or such successor).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.03&#160;<u>Compliance Certificate</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall deliver to the Trustee, within [ ] days after the end of each fiscal year of the Company, an officers certificate signed by
        two of the Company&#8217;s officers stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officers with a view to determining whether the Company
        has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his knowledge the Company has kept, observed, performed and fulfilled each
        and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of Default shall have occurred, describing all such Defaults or
        Events of Default of which he may have knowledge in reasonable detail and the efforts to remedy the same). For purposes of this Section&#160;4.03, compliance shall be determined without regard to any grace period or requirement of notice provided
        pursuant to the terms of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall deliver to the Trustee, within [ ] days after the occurrence thereof, written notice in the form of an Officers&#8217; Certificate
        of any Event of Default described in Section&#160;6.01(e), (f), (g) or (h)&#160;and any event of which it becomes aware that with the giving of notice or the lapse of time would become such an Event of Default, its status and what action the Company is
        taking or proposes to take with respect thereto. For the avoidance of doubt, a breach of a covenant under an Instrument that is not a payment default and that has not given rise to a right of acceleration under such Instrument shall not trigger the
        requirement to provide notice under this paragraph.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.04&#160;<u>Stay, Extension and Usury Laws</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner whatsoever
        claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the
        extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not, by resort to any such law, 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 has been enacted.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.05&#160;<u>Corporate Existence</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Article V, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate
        existence and the corporate, partnership or other existence of each Subsidiary in accordance with the respective organizational documents of each Subsidiary and the rights</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">17</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">(charter and statutory), licenses and franchises of the Company and its Subsidiaries; provided, however, that the Company shall not be required to preserve any such right, license or
        franchise, or the corporate, partnership or other existence of any Subsidiary, if the Board of Directors shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken
        as a whole and that the loss thereof is not adverse in any material respect to the Holders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.06&#160;<u>Taxes</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall, and shall cause each of its Subsidiaries to, pay prior to delinquency all taxes, assessments and governmental levies, except
        as contested in good faith and by appropriate proceedings.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.07&#160;<u>Additional Interest Notice</u><font style="font-style: italic;">.</font></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In the event that the Company is required to pay additional interest to Holders of Securities pursuant to Section&#160;6.02(b) hereof, the Company
        shall provide a direction or order in the form of a written notice to the Trustee (and if the Trustee is not the Paying Agent, the Paying Agent) of the Company&#8217;s obligation to pay such additional interest no later than [ ] Business Days prior to
        date on which any such additional interest is scheduled to be paid. Such notice shall set forth the amount of additional interest to be paid by the Company on such payment date and direct the Trustee (or, if the Trustee is not the Paying Agent, the
        Paying Agent) to make payment to the extent it receives funds from the Company to do so. The Trustee shall not at any time be under any duty or responsibility to any Holder to determine whether additional interest is payable, or with respect to the
        nature, extent, or calculation of the amount of additional interest owed, or with respect to the method employed in such calculation of additional interest.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.08&#160;<u>Further Instruments and Acts</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company will execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out
        more effectively the purposes of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE V</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SUCCESSORS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;5.01&#160;<u>When Company May Merge, Etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall not consolidate with, enter into a binding share exchange, or merge into any other Person in a transaction in which it is not
        the surviving entity, or sell, assign, convey, transfer or lease or otherwise dispose of all or substantially all of its properties and assets to any Person (a &#8220;successor person&#8221;), unless:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the successor person (if any) is a corporation, partnership, trust or other entity organized and validly existing under the laws of [ ], [
        ], the United States, any state of the United States or the District of Columbia and expressly assumes by a supplemental indenture executed and delivered to the Trustee, in form satisfactory to the Trustee, the due and punctual payment of the
        principal of, and any interest on, all Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be performed or observed;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;immediately after giving effect to the transaction, no Default or Event of Default, shall have occurred and be continuing; and</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">18</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the Company shall have delivered to the Trustee, prior to the consummation of the proposed transaction, an Officers&#8217; Certificate to the foregoing effect and
        an Opinion of Counsel stating that the proposed transaction and such supplemental indenture comply with this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;5.02&#160;<u>Successor Corporation Substituted</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company
        in accordance with Section&#160;5.01, the successor person formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may
        exercise every right and power of, the Company under this Indenture with the same effect as if such successor person has been named as the Company herein; provided, however, that the predecessor company in the case of a sale, lease, conveyance or
        other disposition of all or substantially all of the assets of the Company shall not be released from the obligation to pay the principal of and interest, if any, on the Securities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VI</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DEFAULTS AND REMEDIES</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.01&#160;<u>Events of Default</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;Event of Default,&#8221; wherever used herein with respect to securities of any Series, means any one of the following events, unless in the
        establishing Board Resolution, supplemental indenture or Officers&#8217; Certificate, it is provided that such Series shall not have the benefit of said Event of Default:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of such default for a
        period of 30 days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to the expiration of such period of 30 days); or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;default in the payment of any principal of any Security of that Series at its Maturity; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;default in the deposit of any sinking fund payment, when and as due in respect of any Security of that Series; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Company fails to perform or comply with any of its other covenants or agreements contained in the Securities or in this Indenture (other
        than a covenant or agreement a default in whose performance or whose breach is specifically dealt with in clauses (a), (b) or (c)&#160;of this Section&#160;6.01) and the default continues for 60 days after notice is given as specified below;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;any indebtedness under any bond, debenture, note or other evidence of indebtedness for money borrowed by the Company or any Subsidiary or
        under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by, or any other payment obligation of, the Company or any Subsidiary (an &#8220;Instrument&#8221;)
        with a principal amount then, individually or in the aggregate, outstanding in excess of $[ ], whether such indebtedness now exists or shall hereafter be created, is not paid at Maturity or when otherwise due or is accelerated, and such
        indebtedness</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">19</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">is not discharged, or such default in payment or acceleration is not cured or rescinded, within a period of 30 days after there shall have been given, by registered or certified
        mail, to the Company by the Trustee or to the Company and the Trustee by the Holders of at least [ ]% in aggregate principal amount of the outstanding Securities of that Series a written notice specifying such default and requiring the Company to
        cause such indebtedness to be discharged or cause such default to be cured or waived or such acceleration to be rescinded or annulled and stating that such notice is a &#8220;Notice of Default&#8221; hereunder. A payment obligation (other than indebtedness
        under any bond, debenture, note or other evidence of indebtedness for money borrowed by the Company or any Subsidiary or under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any
        indebtedness for money borrowed by the Company or any Subsidiary) shall not be deemed to have matured, come due, or been accelerated to the extent that it is being disputed by the relevant obligor or obligors in good faith. For the avoidance of
        doubt, the Maturity of an Instrument is the Maturity as set forth in that Instrument, as it may be amended from time to time in accordance with the terms of that Instrument;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;the Company or any Subsidiary fails to pay one or more final and&#160;non-appealable&#160;judgments entered by a court or courts of competent
        jurisdiction, the aggregate uninsured or unbonded portion of which is in excess of $[ ], if the judgments are not paid, discharged, waived or stayed within [ ] days;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;the Company or any Subsidiary of the Company, pursuant to or within the meaning of any Bankruptcy Law:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;commences a voluntary case or proceeding;</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;consents to the entry of an order for relief against it in an involuntary case or proceeding;</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;consents to the appointment of a Custodian of it or for all or substantially all of its property; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iv)&#160;makes a general assignment for the benefit of its creditors; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(v)&#160;or generally is unable to pay its debts as the same become due; or</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;is for relief against the Company or any of its Subsidiaries in an involuntary case or proceeding;</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;appoints a Custodian of the Company or any of its Subsidiaries for all or substantially all of the property of the
        Company or any such Subsidiary; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;orders the liquidation of the Company or any of its Subsidiaries;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">and the case of each of clause (i), (ii) and (iii), the order or decree remains unstayed and in effect for [ ] consecutive days; or</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">20</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;any other Event of Default provided with respect to Securities of that Series, which is specified in a Board Resolution, a supplemental indenture hereto or
        an Officers&#8217; Certificate, in accordance with Section&#160;2.02(i).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A default under clause (d)&#160;above is not an Event of Default until the Trustee notifies the Company, or the Holders of at least [ ]% in
        aggregate principal amount of the Securities then outstanding notify the Company and the Trustee, in writing of the default, and the Company does not cure the default within 60 days after receipt of such notice. The notice given pursuant to this
        Section&#160;6.01 must specify the default, demand that it be remedied and state that the notice is a &#8220;Notice of Default.&#8221; When any default under this Section&#160;6.01 is cured, it ceases.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall not be charged with knowledge of any Event of Default unless written notice thereof shall have been given to a Trust Officer
        at the Corporate Trust Office of the Trustee by the Company, a Paying Agent, any Holder or any agent of any Holder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.02&#160;<u>Acceleration of Maturity; Rescission and Annulment</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;If an Event of Default (other than an Event of Default specified in clause (g)&#160;or (h) of Section&#160;6.01) occurs and is continuing with respect
        to any Securities of any Series, then in every such case, the Trustee may, by notice to the Company, or the Holders of at least 25% in aggregate principal amount of the Securities of that Series (or, if any Securities of that Series are Discount
        Securities, such portion of the principal amount as may be specified in the terms of such Securities) then outstanding may, by notice to the Company and the Trustee, declare all unpaid principal of, and accrued and unpaid interest on to the date of
        acceleration, the Securities of that Series then outstanding (if not then due and payable) to be due and payable upon any such declaration, and the same shall become and be immediately due and payable. If an Event of Default specified in clause
        (g)&#160;or (h) of Section&#160;6.01 occurs, all unpaid principal of the Securities then outstanding, and all accrued and unpaid interest thereon to the date of acceleration, shall ipso facto become and be immediately due and payable without any declaration
        or other act on the part of the Trustee or any Holder. The Holders of a majority in aggregate principal amount of the Securities of that Series then outstanding by notice to the Trustee may rescind an acceleration of such Securities of that Series
        and its consequences if (a)&#160;all existing Events of Default, other than the nonpayment of the principal of the Securities which has become due solely by such declaration of acceleration, have been cured or waived; (b)&#160;to the extent the payment of
        such interest is lawful, interest (calculated at the Default Rate) on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; (c)&#160;the rescission would not
        conflict with any judgment or decree of a court of competent jurisdiction; and (d)&#160;all payments due to the Trustee and any predecessor Trustee under Section&#160;7.07 have been made. No such rescission shall affect any subsequent default or impair any
        right consequent thereto.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Notwithstanding any of provision of this Article 6, at the election of the Company in its sole discretion, the sole remedy under this
        Indenture for an Event of Default relating to the failure to comply with Section&#160;4.02, and for any failure to comply with the requirements of Section&#160;314(a)(1) of the TIA, will consist, for the 180 days after the occurrence of such an Event of
        Default, exclusively of the right to receive additional interest on the Securities at a rate equal to 0.50% per annum of the aggregate principal amount of the Securities then outstanding up to, but not including, the 181st day thereafter (or, if
        applicable, the earlier date on</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">21</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">which the Event of Default relating to Section&#160;4.02 is cured or waived). Any such additional interest will be payable in the same manner and on the same dates as the stated interest
        payable on the Securities. In no event shall additional interest accrue under the terms of this Indenture at a rate in excess of 0.50% per annum, in the aggregate, for any violation or default caused by the failure of the Company to be current in
        respect of its Exchange Act reporting obligations. If the Event of Default is continuing on the 181st day after an Event of Default relating to a failure to comply with Section&#160;4.02, the Securities will be subject to acceleration as provided in
        this Section&#160;6.02. The provisions of this Section&#160;6.02(b) will not affect the rights of Holders in the event of the occurrence of any other Events of Default.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In order to elect to pay additional interest as the sole remedy during the first 180 days after the occurrence of an Event of Default relating
        to the failure to comply with Section&#160;4.02 in accordance with the immediately preceding paragraph, the Company shall notify all Holders and the Trustee and Paying Agent of such election on or before the close of business on the fifth Business Day
        after the date on which such Event of Default otherwise would occur. Upon a failure by the Company to timely give such notice or pay additional interest, the Securities will be immediately subject to acceleration as otherwise provided in this
        Section&#160;6.02.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.03&#160;<u>Collection of Indebtedness and Suits for Enforcement by Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If an Event of Default with respect to any Securities of any Series occurs and is continuing, the Trustee may in its discretion proceed to
        protect and enforce its rights and the rights of the Holders of Securities of such Series 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-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If an Event of Default in the payment of principal, interest, if any, specified in clause (a)&#160;or (b) of Section&#160;6.01 occurs and is continuing,
        the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or another obligor on the Securities for the whole amount of principal, and accrued interest remaining unpaid, if any, together with, to the
        extent that payment of such interest is lawful, interest on overdue principal, on overdue installments of interest, if any, in each case at the Default Rate, and 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, its agents and counsel.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.04&#160;<u>Trustee May File Proofs of Claim</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other
        judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, 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 Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in
        such proceeding or otherwise,</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;to file and prove a claim for the whole amount of principal and interest owing and unpaid in respect of the Securities and to file such
        other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and of the
        Holders allowed in such judicial proceeding, and</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">22</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;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 it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section&#160;7.07.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Nothing herein contained 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.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.05&#160;<u>Trustee May Enforce Claims Without Possession of Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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, 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.06&#160;<u>Application of Money Collected</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Any money collected by the Trustee pursuant to this Article 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 interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid: and</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">First</font>: To the payment of all amounts due the Trustee under Section&#160;7.07;</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">Second</font>: To the payment of the amounts then due and unpaid for principal of and interest 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 interest, respectively; and</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">Third</font>: To the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.07&#160;<u>Limitation on Suits</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 for the appointment of a receiver or trustee, or for any other remedy hereunder (except actions for payment of overdue principal and interest), unless:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that
        Series;</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">23</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Holders of not less than [ ]% in principal amount of the outstanding Securities of that Series shall have made written request to the Trustee to
        institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;such Holder or Holders have offered to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities to be incurred
        in compliance with such request;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Trustee for [ ] days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;no direction inconsistent with such written request has been given to the Trustee during such [&#160;]-day&#160;period by the Holders of a majority in
        principal amount of the outstanding Securities of that Series; 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 of such Holders, 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 such Holders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.08&#160;<u>Unconditional Right of Holders to Receive Principal and Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 interest, if any, on such Security on the Stated Maturity or 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.09&#160;<u>Restoration of Rights and Remedies</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 Company, 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.10&#160;<u>Rights and Remedies Cumulative</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in Section&#160;2.08, 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. 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.11&#160;<u>Delay or Omission Not Waiver</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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. Every right and remedy given by this Article or by 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>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">24</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.12&#160;<u>Control by Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Holders of a majority in principal amount of the outstanding Securities of any Series shall have the right 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;such direction shall not be in conflict with any rule of law or with this Indenture,</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;subject to the provisions of Section&#160;6.01, 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 or would be unduly prejudicial to the rights of another Holder or the Trustee.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.13&#160;<u>Waiver of Past Defaults</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.02, the Holders of not less than a majority in principal amount of the outstanding Securities of any Series may on behalf
        of the Holders of all the Securities of such Series waive any past Default hereunder with respect to such Series and its consequences, except a Default in the payment of the principal of or interest on any Security of such Series (provided,
        however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its consequences, including any related payment default that resulted from such acceleration). Upon any such
        waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right
        consequent thereon.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.14&#160;<u>Undertaking for Costs</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court
        may in its discretion require, 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 Trustee, the filing by any party litigant in such suit
        of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys&#8217; fees, against any party litigant in such suit, having due regard to the merits and good faith of the
        claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in
        the aggregate more than [ ]% in principal amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on or after the Stated Maturity
        or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date).</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">25</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VII</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">TRUSTEE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.01&#160;<u>Duties of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture and
        use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Except during the continuance of an Event of Default:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;The Trustee need perform only those duties that are specifically set forth in this Indenture and no implied duties,
        covenants or obligations shall be deemed to be imposed upon the Trustee.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the
        correctness of the opinions expressed therein, upon Officers&#8217; Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however, in the case of any such Officers&#8217; Certificates or Opinions of
        Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officers&#8217; Certificates and Opinions of Counsel to determine whether or not they conform on their face to the
        requirements of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee may not be relieved from liability for its own its own negligent action, its own negligent failure to act or willful misconduct,
        except that:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;This paragraph does not limit the effect of paragraph (b)&#160;of Section&#160;7.01 herein.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;The Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it with respect
        to Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time, method and place of conducting any proceeding for any
        remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and (c)&#160;of this Section.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;The Trustee may refuse to perform any duty or exercise any right or power unless it receives an indemnity satisfactory to it against any
        loss, liability or expense.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">26</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money held in trust by
        the Trustee need not be segregated from other funds except to the extent required by law.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;No provision of this Indenture shall require the Trustee to risk or expend its own funds or otherwise incur liability, financial or
        otherwise, in the performance of any of its duties, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk is not
        reasonably assured to it.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;The Paying Agent, the Registrar and any authenticating agent shall be entitled to the same rights, indemnities, protections and immunities
        afforded to the Trustee.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;The Trustee shall have no duty to monitor the performance or compliance of the Company with its obligations hereunder or any under
        supplement hereto, nor shall it have any liability in connection with the malfeasance or nonfeasance by the Company. The Trustee shall have no liability in connection with compliance by the Company with statutory or regulatory requirements related
        to this Indenture, any supplement or any Securities issued pursuant hereto or thereto.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.02&#160;<u>Rights of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;The Trustee may conclusively rely on and shall be fully protected in acting or refraining from acting as a result of its reasonable belief
        that any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, direction, approval or other paper or document was genuine and had been signed or presented by the proper person. The Trustee need not
        investigate any fact or matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it sees fit.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Before the Trustee acts or refrains from acting, it may require an Officers&#8217; Certificate or an Opinion of Counsel or both. The Trustee shall
        not be liable for any action it takes or omits to take in good faith in reliance on such Officers&#8217; Certificate or Opinion of Counsel.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee may act through agents and shall not be responsible for the misconduct or negligence of, or for the supervision of, any agent
        appointed with due care. No Depository shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depository.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or within its
        rights or powers.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;The Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete
        authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by or pursuant to this Indenture at the
        request, order or direction of any of the Holders of Securities, unless such Holders shall have offered to the Trustee reasonable security or indemnity satisfactory to it against the costs, expenses and liabilities which might be incurred by it in
        compliance with such request or direction.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">27</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.03&#160;<u>Individual Rights of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal with the Company or
        an Affiliate with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee is also subject to Sections 7.10 and 7.11.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.04&#160;<u>Trustee&#8217;s Disclaimer</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities and the recitals contained herein and in
        the Securities shall be taken as statements of the Company and not of the Trustee, and the Trustee has no responsibility for such recitals. The Trustee shall not be accountable for the Company&#8217;s use or application of the proceeds from the
        Securities or for monies paid over to the Company pursuant to this Indenture, and it shall not be responsible for any statement in the Securities other than its authentication.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.05&#160;<u>Notice of Defaults</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if a Responsible Officer of the
        Trustee has knowledge or receives written notice of such event, the Trustee shall mail to each Securityholder of the Securities of that Series, notice of a Default or Event of Default within [ ] days after it occurs or, if later, after a
        Responsible Officer of the Trustee has actual knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, including any additional interest
        that may become payable pursuant to Section&#160;6.02(b), the Trustee may withhold the notice so long as the Trustee in good faith determines that withholding the notice is in the interests of Securityholders of that Series.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.06&#160;<u>Reports by Trustee to Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Within [ ] days after [ ] in each year, the Trustee shall transmit by mail to all Securityholders, as their names and addresses appear on the
        register kept by the Registrar, a brief report dated as of such [ ], in accordance with, and to the extent required under, TIA Section&#160;313.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A copy of each report at the time of its mailing to Securityholders of any Series shall be filed with the SEC and each stock exchange on which
        the Securities of that Series are listed. The Company shall promptly notify the Trustee when Securities of any Series are listed on any stock exchange.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.07&#160;<u>Compensation and Indemnity</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall pay to the Trustee from time to time such compensation for its services as shall be agreed upon in writing. The Trustee&#8217;s
        compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable&#160;out-of-pocket&#160;expenses, disbursements and advances incurred by it. Such expenses
        shall include the reasonable compensation and expenses of the Trustee&#8217;s agents, counsel and other persons not regularly in its employ.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall indemnify, defend and hold harmless the Trustee and its officers, directors, employees, representatives and agents, from and
        against and reimburse the Trustee for any and all claims, expenses, obligations, liabilities, losses, damages, injuries (to person, property, or natural resources),</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">28</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">penalties, stamp or other similar taxes, actions, suits, judgments, reasonable costs and expenses (including reasonable attorney&#8217;s and agent&#8217;s fees and expenses) of whatever kind or
        nature regardless of their merit, demanded, asserted or claimed against the Trustee directly or indirectly relating to, or arising from, claims against the Trustee by reason of its participation in the transactions contemplated hereby, including
        without limitation all reasonable costs required to be associated with claims for damages to persons or property, and reasonable attorneys&#8217; and consultants&#8217; fees and expenses and court costs except to the extent caused by the Trustee&#8217;s negligence
        or willful misconduct. The provisions of this Section&#160;7.07 shall survive the termination of this Agreement or the earlier resignation or removal of the Trustee. The Company shall defend any claim and the Trustee shall cooperate in the defense. The
        Trustee may have separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any settlement made without its consent, which consent shall not be unreasonably withheld or delayed. This
        indemnification shall apply to officers, directors, employees, shareholders and agents of the Trustee.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company need not reimburse any expense or indemnify against any loss liability incurred by the Trustee or by any officer, director,
        employee, shareholder or agent of the Trustee through negligence or bad faith.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">To secure the Company&#8217;s payment obligations in this Section, the Trustee shall have a lien prior to the Securities of any Series on all money
        or property held or collected by the Trustee, except that held in trust to pay principal and interest on particular Securities of that Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">When the Trustee incurs expenses or renders services after an Event of Default specified in Section&#160;6.01(f) or (g)&#160;occurs, the expenses and the
        compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.08&#160;<u>Replacement of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee&#8217;s
        acceptance of appointment as provided in this Section.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may resign with respect to the Securities of one or more Series by so notifying the Company. The Holders of a majority in principal
        amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the Trustee and the Company. The Company may remove the Trustee with respect to Securities of one or more Series if:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the Trustee fails to comply with Section&#160;7.10;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered with respect to the Trustee under any Bankruptcy Law;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;a Custodian or public officer takes charge of the Trustee or its property; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Trustee becomes incapable of acting.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall promptly appoint a
        successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then outstanding Securities may appoint a successor Trustee to replace the successor Trustee appointed by the Company.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">29</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">If a successor Trustee with respect to the Securities of any one or more Series does not take office within [ ] days after the retiring Trustee resigns or is
        removed, the retiring Trustee, the Company or the Holders of at least [ ]% in principal amount of the Securities of the applicable Series may petition any court of competent jurisdiction for the appointment of a successor Trustee.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Immediately after that,
        the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section&#160;7.07, and subject to the payment of any and all amounts then due and owing to the retiring Trustee, the
        resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this
        Indenture. A successor Trustee shall mail a notice of its succession to each Securityholder of each such Series. Notwithstanding replacement of the Trustee pursuant to this Section&#160;7.08, the Company&#8217;s obligations under Section&#160;7.07 hereof shall
        continue for the benefit of the retiring trustee with respect to expenses and liabilities incurred by it prior to such replacement.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.09&#160;<u>Successor Trustee by Merger, etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another
        corporation, the successor corporation without any further act shall be the successor Trustee with the same effect as if the successor Trustee had been named as the Trustee herein.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.10&#160;<u>Eligibility; Disqualification</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture shall always have a Trustee who satisfies the requirements of TIA Section&#160;310(a)(1), (2) and (5). The Trustee shall always have a
        combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA Section&#160;310(b).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.11&#160;<u>Preferential Collection of Claims Against Company</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee is subject to TIA Section&#160;311(a), excluding any creditor relationship listed in TIA Section&#160;311(b). A Trustee who has resigned or
        been removed shall be subject to TTA Section&#160;311(a) to the extent indicated.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VIII</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SATISFACTION AND DISCHARGE; DEFEASANCE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.01&#160;<u>Satisfaction and Discharge of Indenture</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture shall upon Company Order cease to be of further effect (except as hereinafter provided in this Section&#160;8.01), and the Trustee, on
        the demand of and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;either</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;all Securities theretofore authenticated and delivered (other than Securities that have been destroyed, lost or stolen
        and that have been replaced or paid) have been delivered to the Trustee for cancellation; or</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">30</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;all such Securities not theretofore delivered to the Trustee for cancellation have become due and payable, or</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z7f18b3e9219e43eb8efeb2c2c1394131" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(1)</div>
          </td>
          <td style="width: 78%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">have become due and payable, or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z9f1bada5ba254e339162e5c911b25b5f" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(2)</div>
          </td>
          <td style="width: 78%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">will become due and payable at their Stated Maturity within [ ], or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb459cdf0a51d4def9cdda19cd70b46cd" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(3)</div>
          </td>
          <td style="width: 78%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">are to be called for redemption within [ ] 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 Company,
              or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" id="z69895b9dab6c48588bfcd68f690a2799" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18%; vertical-align: middle;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(4)</div>
          </td>
          <td style="width: 78%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">are deemed paid and discharged pursuant to section 8.03, as applicable; and the Company, in the case of (1), (2) or (3)&#160;above, has deposited or caused to be deposited with the Trustee as trust
              funds in trust an amount sufficient for the purpose of paying and discharging the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal and interest to the date of such deposit (in the
              case of Securities which have become due and payable on or prior to the date of such deposit) or to the Stated Maturity or redemption date, as the case may be;</div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Company has paid or caused to be paid all other sums payable hereunder by the Company; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the Company has delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each meeting the applicable requirements of
        Sections 10.04 and 10.05 and each stating that all conditions precedent herein relating to the satisfaction and discharge of this Indenture have been complied with and the Trustee receives written demand from the Company to discharge.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section&#160;7.07, and, if
        money shall have been deposited with the Trustee pursuant to clause (a)&#160;of this Section, the provisions of Sections 2.04, 2.07, 2.08, 8.01 8.02 and 8.05 shall survive.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.02&#160;<u>Application of Trust Funds; Indemnification</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;Subject to the provisions of Section&#160;8.05, all money deposited with the Trustee pursuant to Section&#160;8.01, all money and U.S. Government
        Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section&#160;8.03 or 8.04 and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee
        pursuant to Section&#160;8.03 or 8.04, 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 Company acting as its own
        Paying Agent) as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous
        payments as contemplated by Sections 8.03 or 8.04.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">31</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;The Company shall pay and shall indemnify the Trustee and the Agents against any tax, fee or other charge imposed on or assessed against U.S. Government
        Obligations or Foreign Government Obligations deposited pursuant to Sections 8.03 or 8.04 or the interest and principal received in respect of such obligations other than any payable by or on behalf of Holders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee shall, in accordance with the terms of this Indenture, deliver or pay to the Company from time to time, upon Company Request and
        at the expense of the Company any U.S. Government Obligations or Foreign Government Obligations or money held by it pursuant to this Indenture as provided in Sections 8.03 or 8.04 which, in the opinion of a nationally recognized firm of independent
        certified public accountants, expressed in a written certification thereof and delivered to the Trustee together with such Company Request, are then in excess of the amount thereof which then would have been required to be deposited for the purpose
        for which such U.S. Government Obligations or Foreign Government Obligations or money were deposited or received. This provision shall not authorize the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held
        under this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.03&#160;<u>Legal Defeasance of Securities of any Series</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless this Section&#160;8.03 is otherwise specified, pursuant to Section&#160;2.02(s), to be inapplicable to Securities of any Series, the Company shall
        be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of such Series on the [ ] day after the date of the deposit referred to in subparagraph (d)&#160;hereof, and the provisions of this Indenture, as it relates
        to such outstanding Securities of such Series, shall no longer be in effect (and the Trustee, at the expense of the company, shall, at Company Request, execute proper instruments acknowledging the same), except as to:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the rights of Holders of Securities of such Series to receive, from the trust funds described in subparagraph (d)&#160;hereof, (i) payment of the
        principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Stated Maturity of such principal or installment of principal or interest and (ii)&#160;the benefit of any mandatory sinking fund payments
        applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of such Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the provisions of Sections 2.04, 2.07, 2.08, 2.14, 8.02, 8.03 and 8.05; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the rights, powers, trust and immunities of the Trustee hereunder; provided that, the following conditions shall have been satisfied:</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Company shall have deposited or caused to be deposited irrevocably with the Paying Agent 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 in the case of Securities of such Series denominated in Dollars, cash in Dollars (or such other money or
        currencies as shall then be legal tender in the United States) and/or U.S. Government Obligations, or (ii)&#160;in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government
        Obligations, which through the payment of interest and principal in respect thereof, in accordance with their</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">32</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Paying Agent), not later than [ ] day before the due date of any payment of money,
        an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee and the Paying Agent, to pay and discharge each installment of
        principal (including mandatory sinking fund or analogous payments) of and interest, if any, on all the Securities of such Series on the dates such installments of interest or principal are due;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument
        to which the Company is a party or by which it is bound;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;no Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
        deposit or during the period ending on the [ ] day after such date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel to the effect that (i)&#160;the Company has
        received from, or there has been published by, the Internal Revenue Service a ruling, or (ii)&#160;since the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and
        based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject
        to Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate stating that the deposit was not made by the Company with the
        intent of preferring the Holders of the Securities of such Series over any other creditors of the company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;such deposit shall not result in the trust arising from such deposit constituting an investment company (as defined in the Investment
        Company Act of 1940, as amended), or such trust shall be qualified under such Act or exempt from regulation thereunder; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each stating that all conditions
        precedent provided for relating to the defeasance contemplated by this Section have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.04&#160;<u>Covenant Defeasance</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless this Section&#160;8.04 is otherwise specified pursuant to Section&#160;2.02(s) to be inapplicable to Securities of any Series, on and after the [ ]
        day after the date of the deposit referred to in subparagraph (a)&#160;hereof, the Company may omit to comply with any term, provision or condition set forth under Sections 4.02, 4.03, 4.04, 4.05, 4.06, and 5.01 as well as any additional covenants
        contained in a supplemental indenture hereto for a particular Series of Securities or a Board Resolution or an Officers&#8217; Certificate delivered pursuant to Section&#160;2.02(s) (and the failure to comply with any such covenants shall not constitute a
        Default or Event of Default under Section&#160;6.01) and the occurrence of any event described in clause (e)&#160;of Section&#160;6.01 shall not constitute a Default or Event of Default hereunder, with respect to the Securities of such Series, provided that the
        following conditions shall have been satisfied:</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">33</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;With reference to this Section&#160;8.04, the Company has deposited or caused to be irrevocably deposited (except as provided in Section&#160;8.02(c)) with the Paying
        Agent as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities (i)&#160;in the case of Securities of such Series denominated in Dollars, cash in Dollars (or such other money or
        currencies as shall then be legal tender in the United States) and/or U.S. Government Obligations, or (ii)&#160;in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government
        Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Paying Agent), not later than [ ] day
        before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the Paying Agent, to
        pay principal and interest, if any, on and any mandatory sinking fund in respect of the Securities of such Series on the dates such installments of interest or principal are due;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument
        to which the Company is a party or by which it is bound;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;No Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
        deposit or during the period ending on the [ ] day after such date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the company shall have delivered to the Trustee an Opinion of Counsel confirming that Holders of the Securities of such Series will not
        recognize income, gain or loss for federal income tax purposes as a result of such deposit and defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such
        deposit and defeasance had not occurred;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate stating the deposit was not made by the Company with the intent of
        preferring the Holders of the Securities of such Series over any other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;The Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each stating that all conditions
        precedent herein provided for relating to the defeasance contemplated by this Section have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.05&#160;<u>Repayment to Company</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and interest that remains unclaimed
        for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person and all liability of the Paying Agent with respect to
        that money shall cease.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">34</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE IX</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">AMENDMENTS AND WAIVERS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.01&#160;<u>Without Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.02 and Section&#160;9.03, the Company and the Trustee may amend or supplement this Indenture or the Securities of one or more
        Series without the consent of any Securityholder:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;to cure any ambiguity, defect or inconsistency;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;to comply with Article V;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;to provide for uncertificated Securities in addition to or in place of certificated Securities;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;to make any change that does not adversely affect the rights of any Securityholder;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;to provide for the issuance of and establish the form and terms and conditions of Securities of any Series as permitted by this Indenture;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;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 more than one Trustee;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;to comply with requirements of the TIA and any rules promulgated under the TIA; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;to add to the covenants of the Company for the equal and ratable benefit of the Holders or to surrender any right, power or option conferred
        upon the Company.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any amendment or supplement made solely to conform the provisions of this Indenture or the Securities of any Series to the description thereof
        contained in the final prospectus relating to such Series will be deemed not to adversely affect the rights of any Holder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.02&#160;<u>With Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.03, the Company and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least
        a majority in principal amount of the outstanding Securities of all Series affected by such supplemental indenture, taken together as one class (including consents obtained in connection with a tender offer or exchange offer for the Securities of
        such Series), for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner the rights of the Securityholders of each such
        Series. Except as provided in Section&#160;6.13, the Holders of at least a majority in principal amount of the outstanding Securities of all Series affected by such waiver by notice to the Trustee, taken together as one class (including consents
        obtained in connection with a tender offer or exchange offer for the Securities of such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to such Series.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">35</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">It shall not be necessary for the consent of the Holders of Securities under this Section&#160;9.02 to approve the particular form of any proposed supplemental
        indenture or waiver, but it shall be sufficient if such consent approves the substance thereof. After a supplemental indenture or waiver under this section becomes effective, the Company shall mail to the Holders of Securities affected thereby a
        notice briefly describing the supplemental indenture or waiver. Any failure by the Company to mail or publish such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental indenture or
        waiver.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.03&#160;<u>Limitations</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Without the consent of each Securityholder affected, an amendment or waiver may not:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;change the amount of Securities whose Holders must consent to an amendment, supplement or waiver, except to increase any such amount or to
        provide that certain provisions of this Indenture cannot be modified, amended or waived without the consent of the Holder of each outstanding Security affected thereby;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;reduce the amount of interest, or change the interest payment time, on any Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;waive a redemption payment or alter the redemption provisions (other than any alteration that would not materially adversely affect the
        legal rights of any Holder under this Indenture) or the price at which the Company is required to offer to purchase the Securities;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or postpone the date fixed for, the payment of
        any sinking fund or analogous obligation;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;reduce the principal amount payable of any Security upon Maturity;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;waive a Default or Event of Default in the payment of the principal of or interest, if any, on any Security (except a rescission of
        acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the payment default that resulted from such acceleration);</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;change the place or currency of payment of principal of or interest, if any, on any Security other than that stated in the Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;impair the right of any Holder to receive payment of principal or, or interest on, the Securities of such Holder on or after the due dates
        therefor;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;impair the right to institute suit for the enforcement of any payment on, or with respect to, any Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;make any change in Sections 10.15 or 10.16;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(k)&#160;change the ranking of the Securities; or</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">36</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(l)&#160;make any other change which is specified in a Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate as a limitation under this
        Section.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">For the avoidance of doubt, any amendment or waiver shall always be subject to the consent of the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.04&#160;<u>Compliance with Trust Indenture Act</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto that complies
        with the TIA as then in effect.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.05&#160;<u>Revocation and Effect of Consents</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Until an amendment or waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent by the Holder and every
        subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder&#8217;s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the
        consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or waiver unless it is of the
        type described in any of clauses (a)&#160;through (g) of Section&#160;9.03 in that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of a Security that evidences
        the same debt as the consenting Holder&#8217;s Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.06&#160;<u>Notation on or Exchange of Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If an amendment, supplement or waiver changes the terms of a Security, the Trustee may require the Holder of the Security to deliver it to the
        Trustee and the Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company shall issue and the Trustee shall authenticate
        upon request new Securities of that Series that reflect the changed terms.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.07&#160;<u>Trustee Protected</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby
        of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section&#160;7.01) shall be fully protected in relying upon, an Opinion of Counsel or an Officer&#8217;s Certificate, or both stating that the execution of such
        supplemental indenture is authorized or permitted by this Indenture. The Trustee shall sign all supplemental indentures, except that the Trustee need not sign any supplemental indenture that adversely affects its rights, duties or indemnities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.08&#160;<u>Effect of Supplemental Indenture</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and each such
        supplemental indenture shall form part of this Indenture for all purposes with respect to the relevant Series; and every Holder of Securities of the relevant Series theretofore or thereafter authenticated and delivered hereunder shall be bound
        thereby.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">37</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE X</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">MISCELLANEOUS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.01&#160;<u>Trust Indenture Act Controls</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If any provision of this Indenture limits, qualifies, or conflicts with another provision which is required or deemed to be included in this
        Indenture by the TIA, such required or deemed provision shall control.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.02&#160;<u>Notices</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Any notice or communication by the Company, the Trustee, the Paying Agent or the Registrar to another is duly given if in writing and delivered
        in person or mailed by first-class mail:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Company:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Trustee:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Registrar or Paying Agent:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">with copy to:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company, the Trustee and each Agent by notice to each other may designate additional or different addresses for subsequent notices or
        communications.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any notice or communication to a Securityholder shall be mailed by first-class mail to his address shown on the register kept by the Registrar.
        Failure to mail a notice or communication to a Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other Securityholders of that or any other Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If a notice or communication is mailed or published in the manner provided above, within the time prescribed, it is duly given, whether or not
        the Securityholder receives it.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the company mails a notice or communication to Securityholders, it will mail a copy to the Trustee and each Agent at the same time.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">38</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Whenever a notice is required to be given by the Company, such notice may be given by the Trustee or Registrar on the Company&#8217;s behalf (and the Company will make
        any notice it is required to give to Holders available on its website).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.03&#160;<u>Communication by Holders with Other Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Securityholders of any Series may communicate pursuant to TIA Section&#160;312(b) with other Securityholders of that Series or any other Series with
        respect to their rights under this Indenture or the Securities of that Series or all Series. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA Section&#160;312(c).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.04&#160;<u>Certificate and Opinion as to Conditions Precedent</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the Trustee:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;an Officers&#8217; Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture
        relating to the proposed action have been complied with; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;an Opinion of Counsel stating that, in the opinion of counsel, all such conditions precedent (including any covenants, compliance with which
        constitutes a condition precedent) have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.05&#160;<u>Statements Required in Certificate or Opinion</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a certificate
        provided pursuant to TIA Section&#160;314(a)(4)) shall comply with the provisions of TIA Section&#160;314(e) and shall include:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;a statement that the person making such certificate or opinion has read such covenant or condition;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;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;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;a statement that, in the opinion of such person, he has made such examination or investigation as is necessary to enable him to express an
        informed opinion as to whether or not such covenant or condition has been complied with; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">provided, however</font>, that with respect to matters of fact an Opinion of Counsel may rely on an Officers&#8217;
        Certificate or certificates of public officials.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">39</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.06&#160;<u>Record Date for Vote or Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company (or, in the event deposits have been made pursuant to Section&#160;11.02, the Trustee) may set a record date for purposes of determining
        the identity of Holders entitled to vote or consent to any action by vote or consent authorized or permitted under this Indenture, which record date shall not be more than [ ] days prior to the date of the commencement of solicitation of such
        action. Notwithstanding the provisions of Section&#160;9.05, if a record date is fixed, those persons who were Holders of Securities at the close of business on such record date (or their duly designated proxies), and only those persons, shall be
        entitled to take such action by vote or consent or to revoke any vote or consent previously given, whether or not such persons continue to be Holders after such record date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.07&#160;<u>Rules by Trustee and Agents</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may make reasonable rules for action by or a meeting of Securityholders of one or more Series. Any Agent may make reasonable rules
        and set reasonable requirements for its functions.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.08&#160;<u>Legal Holidays</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise provided by Board Resolution, Officers&#8217; Certificate or supplemental indenture for a particular Series, a &#8220;Legal Holiday&#8221; is any
        day that is not a Business Day. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.09&#160;<u>No Recourse Against Others</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">A director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the
        Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the
        consideration for the issue of the Securities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.10&#160;<u>Counterparts</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed
        shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.11&#160;<u>Governing Laws and Submission to Jurisdiction</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK EXCLUDING ANY RULE OF LAW THAT WOULD CAUSE THE
        APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company agrees that any legal suit, action or proceeding arising out of or based upon this Indenture may be instituted in any federal or
        state court sitting in New York City, and, to the fullest extent permitted by law, waives any objection which it may now or hereafter have to the laying of venue of any such proceeding, and irrevocably submits to the&#160;non-exclusive&#160;jurisdiction of
        such court in any suit, action or proceeding. The Company, as long as any Securities remain outstanding or the parties hereto have any obligation under this Indenture, shall have an authorized agent in the United States upon whom process may be
        served in any such legal action or proceeding. Service of process upon such agent and written notice</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">40</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">of such service mailed or delivered to it shall to the extent permitted by law be deemed in every respect effective service of process upon it in any such legal action or proceeding
        and, if it fails to maintain such agent, any such process or summons may be served by mailing a copy thereof by registered mail, or a form of mail substantially equivalent thereto, addressed to it at its address as provided for notices hereunder.
        The Company hereby appoints Seward&#160;&amp; Kissel LLP, One Battery Park Plaza, New York, NY, 10004, as its agent for such purposes, and covenants and agrees that service of process in any legal action or proceeding may be made upon it at such office
        of such agent.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.12&#160;<u>No Adverse Interpretation of Other Agreements</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company or a Subsidiary. Any such indenture, loan
        or debt agreement may not be used to interpret this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.13&#160;<u>Successors</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">All agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the Trustee in this Indenture
        shall bind its successor.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.14&#160;<u>Severability</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In case any provision in this Indenture or in the Securities 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.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.15&#160;<u>Table of Contents, Headings, Etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Table of Contents, Cross Reference Table, and headings of the Articles and Sections of this Indenture have been inserted for convenience of
        reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.16&#160;<u>Securities in a Foreign Currency or in ECU</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate delivered pursuant to Section&#160;2.02
        of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series or all Series
        affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in a coin or currency other than Dollars (including ECUs), then the principal amount of Securities of
        such Series which shall be deemed to be outstanding for the purpose of taking such action shall be that amount of Dollars that could be obtained for such amount at the Market Exchange Rate at such time. For purposes of this Section&#160;10.16, &#8220;Market
        Exchange Rate&#8221; shall mean the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York; provided, however, in the case of ECUs, Market Exchange Rate shall mean the rate of
        exchange determined by the Commission of the European Union (or any successor thereto) as published in the Official Journal of the European Union (such publication or any successor publication, the &#8220;Journal&#8221;). If such Market Exchange Rate is not
        available for any reason with respect to such currency, the Trustee shall use, without liability on its part, such quotation of the Federal Reserve Bank of New York or, in the case of ECUs, the rate of exchange as published in the Journal, as of
        the most recent available date, or quotations or, in the case of ECUs, rates of exchange from one or more major banks in The City of New York or in the country of issue of the currency in question or, in the case of ECUs, in Luxembourg or such
        other</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">41</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">quotations or, in the case of ECUs, rates of exchange as the Trustee, upon consultation with the Company, shall deem appropriate. The provisions of this paragraph shall apply in
        determining the equivalent principal amount in respect of Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All decisions and determinations of the Trustee regarding the Market Exchange Rate or any alternative determination provided for in the
        preceding paragraph shall be in its sole discretion and shall, in the absence of manifest error, be conclusive to the extent permitted by law for all purposes and irrevocably binding upon the Company and all Holders.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.17&#160;<u>Judgment Currency</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company agrees, to the fullest extent that it may effectively do so under applicable law, that (a)&#160;if for the purpose of obtaining judgment
        in any court it is necessary to convert the sum due in respect of the principal of or interest or other amount on the Securities of any Series (the &#8220;Required Currency&#8221;) into a currency in which a judgment will be rendered (the &#8220;Judgment Currency&#8221;),
        the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the day on which final unappealable judgment is
        entered, unless such day is not a New York Banking Day, then, the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the
        Judgment Currency on the New York Banking Day preceding the day on which final unappealable judgment is entered and (b)&#160;its obligations under this Indenture to make payments in the Required Currency (i)&#160;shall not be discharged or satisfied by any
        tender, any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual receipt, by the
        payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii)&#160;shall be enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency the amount, if
        any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii)&#160;shall not be affected by judgment being obtained for any other sum due under this Indenture. For purposes of the
        foregoing, &#8220;New York Banking Day&#8221; means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.18&#160;<u>Compliance with Applicable Anti-Terrorism and Money Laundering Regulations</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions,
        including those relating to the funding of terrorist activities and money laundering (&#8220;Applicable Law&#8221;), the Trustee is required to obtain, verify and record certain information relating to individuals and entities which maintain a business
        relationship with the Trustee. Accordingly, each of the parties agree to provide to the Trustee, upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Trustee to
        comply with the Applicable Law.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">42</font></div>
      <div class="BRPFPageBreak" 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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE XI</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SINKING FUNDS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.01&#160;<u>Applicability of Article</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series, except as otherwise
        permitted or required by any form of Security of such Series issued pursuant to this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The minimum amount of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a &#8220;mandatory
        sinking fund payment&#8221; and any other amount provided for by the terms of Securities of such Series is herein referred to as an &#8220;optional sinking fund payment.&#8221; If provided for by the terms of Securities of any Series, the cash amount of any sinking
        fund payment may be subject to reduction as provided in Section&#160;11.02. Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for by the terms of the securities of such Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.02&#160;<u>Satisfaction of Sinking Fund Payments with Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any Series to be made pursuant
        to the terms of such Securities (1)&#160;deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory sinking fund redemption) and (2)&#160;apply as credit
        Securities of such Series to which such sinking fund payment is applicable and which have been redeemed either at the election of the Company pursuant to the terms of such Series of Securities (except pursuant to any mandatory sinking fund) or
        through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so credited. Such Securities shall be received by the
        Registrar, together with an Officers&#8217; Certificate with respect thereto, not later than [ ] days prior to the date on which the Registrar begins the process of selecting Securities for redemption, and shall be credited for such purpose by the
        Registrar at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If as a result of the delivery or credit of Securities in lieu of
        cash payments pursuant to this Section&#160;11.02, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than $[], the Registrar need not call Securities of such Series for
        redemption, except upon receipt of a Company Order that such action be taken, and such cash payment shall be held by the Paying Agent and applied to the next succeeding sinking fund payment, provided, however, that the Paying Agent shall from time
        to time upon receipt of a Company Order pay over and deliver to the Company any cash payment so being held by the Paying Agent upon delivery by the Company to the Registrar of Securities of that Series purchased by the Company having an unpaid
        principal amount equal to the cash payment required to be released to the Company.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.03&#160;<u>Redemption of Securities for Sinking Fund</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Not less than [ ] days (unless otherwise indicated in the Board Resolution, supplemental indenture hereto or Officers&#8217; Certificate in respect of
        a particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Company will deliver to the Trustee and the Paying Agent an Officers&#8217; Certificate specifying the amount of the next ensuing mandatory
        sinking fund payment for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of Securities
        of that Series pursuant to Section&#160;11.02., and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">43</font></div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
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    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">therein specified. Not less than [ ] days (unless otherwise indicated in the Board Resolution, Officers&#8217; Certificate or supplemental indenture in respect of a particular Series of
        Securities) before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section&#160;3.02 and cause notice of the redemption thereof to be given in the
        name of and at the expense of the Company in the manner provided in Section&#160;3.03. Such notice having been duly given, the redemption of such Securities shall stated in Sections 3.04, 3.05 and 3.06.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[<font style="font-style: italic;">The remainder of this page is intentionally left blank</font>]</div>
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      </div>
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      <div class="BRPFPageNumberArea" style="text-align: center;"><font class="BRPFPageNumber" style="font-weight: normal; font-style: normal;">44</font></div>
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    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed as of the day and year first above written.</div>
    </div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Issuable in Series</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">6</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.02</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Establishment of Terms of Series of Securities</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">6</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.03</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Execution and Authentication</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">7</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.04</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Registrar and Paying Agent</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.05</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Paying Agent to Hold Money in Trust</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.06</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Securityholder Lists</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">9</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.07</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Transfer and Exchange</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">10</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.08</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Mutilated, Destroyed, Lost and Stolen Securities</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">10</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.09</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Outstanding Securities</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.10</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Treasury Securities</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.11</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Temporary Securities</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.12</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Cancellation</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">11</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.13</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Defaulted Interest</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">12</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.14</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Global Securities</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">12</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;2.15</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">CUSIP Numbers</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="width: 92.54%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="width: 92.54%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE III REDEMPTION</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.01</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice to Trustee</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.02</div>
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          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Selection of Securities to be Redeemed</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">14</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.03</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice of Redemption</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.04</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Effect of Notice of Redemption</div>
          </td>
          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.05</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Deposit of Redemption Price</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
          </td>
          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;3.06</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Securities Redeemed in Part</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">15</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td colspan="3" style="width: 92.54%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE IV COVENANTS</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.01</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Payment of Principal and Interest</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.02</div>
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          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">SEC Reports</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">16</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 24.36%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 68.18%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 7.46%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 24.36%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.03</div>
          </td>
          <td style="width: 1.65%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 66.54%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compliance Certificate</div>
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          <td style="width: 1.56%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 1.03%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 4.09%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
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          <td nowrap="nowrap" style="width: 0.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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          <td style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.05</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.06</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">17</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.07</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Additional Interest Notice</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;4.08</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
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          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE V SUCCESSORS</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;5.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">When Company May Merge, Etc.</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;5.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successor Corporation Substituted</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">18</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td colspan="3" style="width: 95.73%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td colspan="3" style="width: 95.73%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE VI DEFAULTS AND REMEDIES</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">19</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Events of Default</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">19</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Acceleration of Maturity; Rescission and Annulment</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">21</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Collection of Indebtedness and Suits for Enforcement by Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">22</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee May File Proofs of Claim</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">22</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee May Enforce Claims Without Possession of Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">22</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Application of Money Collected</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Limitation on Suits</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Unconditional Right of Holders to Receive Principal and Interest</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">23</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Restoration of Rights and Remedies</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rights and Remedies Cumulative</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Delay or Omission Not Waiver</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.12</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Control by Holders</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.13</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Waiver of Past Defaults</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">24</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;6.14</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Undertaking for Costs</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td colspan="3" style="width: 95.73%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE VII TRUSTEE</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.01</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Duties of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">25</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Rights of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">26</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Individual Rights of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">27</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.04</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee&#8217;s Disclaimer</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">27</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.05</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Notice of Defaults</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">27</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.06</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Reports by Trustee to Holders</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">27</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.07</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compensation and Indemnity</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.08</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Replacement of Trustee</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">28</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.09</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successor Trustee by Merger, etc.</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">29</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.10</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Eligibility; Disqualification</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">29</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.81%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 79.91%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td style="width: 15.81%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;7.11</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 78.85%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Preferential Collection of Claims Against Company</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">29</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
          <td style="width: 2.14%; vertical-align: middle;">&#160;</td>
          <td style="width: 0.53%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE VIII SATISFACTION AND DISCHARGE; DEFEASANCE</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.01</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Satisfaction and Discharge of Indenture</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.02</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Application of Trust Funds; Indemnification</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;8.03</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Legal Defeasance of Securities of any Series</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Without Consent of Holders</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">With Consent of Holders</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Compliance with Trust Indenture Act.</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;9.07</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Trustee Protected</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td colspan="3" style="width: 95.73%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
          <td colspan="3" style="width: 95.73%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 12pt; font-family: 'Times New Roman', serif;">ARTICLE X MISCELLANEOUS</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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        <tr>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">38</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.09</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.10</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.11</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">39</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
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        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.12</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.13</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Successors</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.14</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Severability</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">40</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
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            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;10.16</div>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
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          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
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          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
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          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">41</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;11.02</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Satisfaction of Sinking Fund Payments with Securities</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">42</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: middle;">&#160;</td>
          <td colspan="2" style="width: 78.85%; vertical-align: middle;">&#160;</td>
          <td colspan="4" style="width: 4.27%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 16.88%; vertical-align: top;">
            <div style="text-indent: -12pt; margin-left: 36pt; font-family: 'Times New Roman', serif;">Section&#160;11.03</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 77.78%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">Redemption of Securities for Sinking Fund</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
          <td nowrap="nowrap" style="width: 2.14%; vertical-align: bottom;">
            <div style="text-align: right; font-family: 'Times New Roman', serif;">42</div>
          </td>
          <td nowrap="nowrap" style="width: 0.53%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
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    </div>
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Reconciliation and tie between Trust Indenture Act of 1939 and Indenture,</div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;">Dated as of [ ], 20[ ]</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z5914844370484f929bdb4fc7ebd102c9">

        <tr>
          <td style="width: 50.96%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.97%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;310(a)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(3)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(4)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(5)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.10</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;311(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.11</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;312(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">2.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;313(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;314(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">4.02, 10.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)(3)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(e)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(f)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;315(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(d)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">7.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(e)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.14</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;316(a)(1)(A)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.12</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(1)(B)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Not Applicable</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.13</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(c)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.06</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;317(a)(1)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.03</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(a)(2)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">6.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(b)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">2.05</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Section&#160;318(a)</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">10.01</div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Note: This reconciliation and tie shall not, for any purpose, be deemed to be part of the Indenture.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">v</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%1%%%-->
    <div style="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Indenture dated as of [ ], 20[ ] between [ ], a company organized under the laws of [ ] (the &#8220;Company&#8221;) and [ ] (the &#8220;Trustee&#8221;).</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Each party agrees as follows for the benefit of the other party and for the equal and ratable benefit of the Holders of the Securities issued
        under this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE I</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DEFINITIONS AND INCORPORATION BY REFERENCE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.01&#160;<u>Definitions</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Additional Amounts</font>&#8221; means any additional amounts which are required hereby or by any Security, under
        circumstances specified herein or therein, to be paid by the Company in respect of certain taxes imposed on Holders specified therein and which are owing to such Holders.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Affiliate</font>&#8221; of any specified person means any other person directly or indirectly controlling or
        controlled by or under direct or indirect common control with such specified person. For the purposes of this definition, &#8220;control&#8221; (including, with correlative meanings, the terms &#8220;controlled by&#8221; and &#8220;under common control with&#8221;), as used with
        respect to any person, shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such person, whether through the ownership of voting securities or by agreement or otherwise.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Agent</font>&#8221; means any Registrar or Paying Agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Bankruptcy Law</font>&#8221; means Title 11 of the United States Code (or any successor thereto) or any similar
        federal or state law for the relief of debtors.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Board of Directors</font>&#8221; means the board of directors of the Company or any duly authorized committee
        thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Board Resolution</font>&#8221; means a copy of a resolution certified by the Secretary or an Assistant Secretary of
        the Company to have been adopted by the Board of Directors or pursuant to authorization by the Board of Directors and to be in full force and effect on the date of the certificate and delivered to the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Business Day</font>&#8221; means any day other than a (x)&#160;Saturday, (y) Sunday or (z)&#160;day on which state or
        federally chartered banking institutions in New York, New York are not required to be open.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Capital Stock</font>&#8221; of any Person means any and all shares, interests, rights to purchase, warrants,
        options, participations or other equivalents of or interests in (however designated) equity of such Person, but excluding any debt securities convertible into such equity.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Certificated Securities</font>&#8221; means Securities in the form of physical, certificated Securities in
        registered form.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company</font>&#8221; means the party named as such above until a successor replaces it in accordance with the
        terms of this Indenture and thereafter means the successor.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">1</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company Order</font>&#8221; means a written order signed in the name of the Company by two Officers, one of whom must be the
        Company&#8217;s principal executive officer, principal financial officer or principal accounting officer.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Company Request</font>&#8221; means a written request signed in the name of the Company by its Chairman of the
        Board, a President or a Vice President, and by its Chief Financial Officer, its Secretary or an Assistant Secretary, and delivered to the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Corporate Trust Office</font>&#8221; means the office of the Trustee at which at any particular time its corporate
        trust business shall be principally administered which office at the date of the execution of this Indenture is [ ], Attention: [ ], or at such other address as the Trustee may designate from time to time.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Custodian</font>&#8221; means any receiver, trustee, assignee, liquidator, sequestrator or similar official under
        any Bankruptcy Law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Default</font>&#8221; or &#8220;<font style="font-weight: bold;">default</font>&#8221; means any event which is, or after
        notice or passage of time or both would be, an Event of Default.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Default Rate</font>&#8221; means the default rate of interest specified in the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Depository</font>&#8221; means, with respect to the Securities of any Series issuable or issued in whole or in part
        in the form of one or more Global Securities, the person designated as Depository for such Series by the Company, which Depository shall be a clearing agency registered under the Exchange Act; and if at any time there is more than one such person,
        &#8220;Depository&#8221; as used with respect to the Securities of any Series shall mean the Depository with respect to the Securities of such Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Discount Security</font>&#8221; means any Security that provides for an amount less than the stated principal
        amount thereof to be due and payable upon declaration of acceleration of the maturity thereof pursuant to Section&#160;6.02.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Dollars</font>&#8221; means the currency of The United States of America.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">ECU</font>&#8221; means the European Currency Unit as determined by the Commission of the European Union.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Exchange Act</font>&#8221; means the Securities Exchange Act of 1934, as amended.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Foreign Currency</font>&#8221; means any currency or currency unit issued by a government other than the government
        of The United States of America.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Foreign Government Obligations</font>&#8221; means with respect to Securities of any Series that are denominated in
        a Foreign Currency, (i)&#160;direct obligations of the government that issued or caused to be issued such currency for the payment of which obligations its full faith and credit is pledged or (ii)&#160;obligations of a person controlled or supervised by or
        acting as an agency or instrumentality of such government the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by such government, which, in either case under clauses (i)&#160;or (ii), are not callable or
        redeemable at the option of the issuer thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Global Security</font>&#8221; or &#8220;<font style="font-weight: bold;">Global Securities</font>&#8221; means a Security or
        Securities, as the case may be, in the form established pursuant to Section&#160;2.02 evidencing all or part of a Series of Securities, issued to the Depository for such Series or its nominee, and registered in the name of such Depository or nominee.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">2</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Holder</font>&#8221; or &#8220;<font style="font-weight: bold;">Securityholder</font>&#8221; means a person in whose name a Security is
        registered.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Indenture</font>&#8221; means this Indenture as amended and supplemented from time to time and shall include the
        form and terms of particular Series of Securities established as contemplated hereunder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Interest</font>,&#8221; in respect of the Securities, unless the context otherwise requires, refers to interest
        payable on the Securities, including any additional interest that may become payable pursuant to Section&#160;6.02(b).</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Maturity</font>,&#8221; when used with respect to any Security or installment of principal thereof, means the date
        on which the principal of such Security or such installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption, notice of option to elect
        repayment or otherwise.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Officer</font>&#8221; means the Chairman of the Board, the President, any Vice-President, the Treasurer, the
        Secretary, any Assistant Treasurer or any Assistant Secretary of the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Officers&#8217; Certificate</font>&#8221; means a certificate signed by two Officers, one of whom must be the Company&#8217;s
        principal executive officer, principal financial officer or principal accounting officer.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Opinion of Counsel</font>&#8221; means a written opinion of legal counsel who is, and which opinion is, acceptable
        to the Trustee and its counsel. Such legal counsel may be an employee of or counsel to the Company or the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Person</font>&#8221; means any individual, corporation, partnership, joint venture, association, limited liability
        company, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Principal</font>&#8221; or &#8220;<font style="font-weight: bold;">principal</font>&#8221; of a Security means the principal of
        the Security plus, when appropriate, the premium, if any, on, and any Additional Amounts in respect of, the Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Responsible Officer</font>&#8221; means any officer of the Trustee in its Corporate Trust Office and also means,
        any vice president, managing director, director, associate, assistant vice president, or any other officer of the Trustee customarily performing functions similar to those performed by any of the above designated officers and also, with respect to
        a particular corporate trust matter, any other officer to whom any corporate trust matter is referred because of his or her knowledge of and familiarity with a particular subject.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">SEC</font>&#8221; means the Securities and Exchange Commission.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Security</font>&#8221; or &#8220;<font style="font-weight: bold;">Securities</font>&#8221; means the debentures, notes or other
        debt instruments of the Company of any Series authenticated and delivered under this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Series</font>&#8221; or &#8220;<font style="font-weight: bold;">Series of Securities</font>&#8221; means each series of
        debentures, notes or other debt instruments of the Company created pursuant to Sections 2.01 and 2.02 hereof.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Stated Maturity</font>&#8221; when used with respect to any Security or any installment of principal thereof or
        interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">3</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Subordinated Indebtedness</font>&#8221; means any indebtedness which is expressly subordinated to the indebtedness evidenced by
        Securities.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Subsidiary</font>&#8221; means, in respect of any Person, any corporation, association, partnership or other
        business entity of which more than 50% of the total voting power of shares of Capital Stock or other interests (including partnership interests) entitled (without regard to the occurrence of any contingency) to vote in the election of directors,
        managers, general partners or trustees thereof is at the time owned or controlled, directly or indirectly, by (i)&#160;such Person; (ii)&#160;such Person and one or more Subsidiaries of such Person; or (iii)&#160;one or more Subsidiaries of such Person.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">TIA</font>&#8221; means the Trust Indenture Act of 1939 (15 U.S. Code Sections 77aaa-77bbbb) as in effect on the
        date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, &#8220;TIA&#8221; means, to the extent required by any such amendment, the Trust Indenture Act as so amended.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">Trustee</font>&#8221; means the person named as the &#8220;Trustee&#8221; in the first paragraph of this instrument until a
        successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter &#8220;Trustee&#8221; shall mean or include each person who is then a Trustee hereunder, and if at any time there is more than one such person,
        &#8220;Trustee&#8221; as used with respect to the Securities of any Series shall mean the Trustee with respect to Securities of that Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">U.S. Government Obligations</font>&#8221; means securities which are (i)&#160;direct obligations of The United States of
        America for the payment of which its full faith and credit is pledged or (ii)&#160;obligations of a person controlled or supervised by and acting as an agency or instrumentality of The United States of America the payment of which is unconditionally
        guaranteed as a full faith and credit obligation by The United States of America, and which in the case of (i)&#160;and (ii) are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank
        or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt,
        provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation
        evidenced by such depository receipt.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.02&#160;<u>Other Definitions</u>.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z57d69c6d7eb343b791825a66d997f964">

        <tr>
          <td style="width: 50.96%; vertical-align: middle;">&#160;</td>
          <td style="width: 1.07%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.97%; vertical-align: middle;">&#160;</td>
        </tr>
        <tr>
          <td nowrap="nowrap" style="width: 50.96%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">TERM</div>
            </div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">DEFINED&#160;IN&#160;SECTION</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Applicable Law&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.18</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Event of Default&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">6.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Instrument&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">6.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Journal&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Judgment Currency&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Legal Holiday&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.08</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;mandatory sinking fund payment&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">11.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Market Exchange Rate&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;New York Banking Day&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;optional sinking fund payment&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">11.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Paying Agent&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Registrar&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.04</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Required Currency&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">10.17</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;successor person&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">5.01</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">&#8220;Temporary Securities&#8221;</div>
          </td>
          <td style="width: 1.07%; vertical-align: bottom;">
            <div style="font-family: 'Times New Roman', serif;">&#160;&#160;</div>
          </td>
          <td style="width: 47.97%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif;">2.11</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">4</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.03&#160;<u>Incorporation by Reference of Trust Indenture Act</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Whenever this Indenture refers to a provision of the TIA, the provision is incorporated by reference in and made a part of this Indenture. This
        Indenture shall also include those provisions of the TIA required to be included herein by the provisions of the Trust Indenture Reform Act of 1990. The following TIA terms used in this Indenture have the following meanings:</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture securities</font>&#8221; means the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture security holder</font>&#8221; means a Securityholder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture to be qualified</font>&#8221; means this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">indenture trustee</font>&#8221; or &#8220;institutional trustee&#8221; means the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;<font style="font-weight: bold;">obligor</font>&#8221; on the indenture securities means the Company and any successor obligor upon the Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All other terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by SEC rule under
        the TIA and not otherwise defined herein are used herein as so defined.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;1.04&#160;<u>Rules of Construction</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless the context otherwise requires:</div>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;a term has the meaning assigned to it;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;an accounting term not otherwise defined has the meaning assigned to it in accordance with generally accepted accounting principles;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;references to &#8220;generally accepted accounting principles&#8221; shall mean generally accepted accounting principles in effect as of the time when
        and for the period as to which such accounting principles are to be applied;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;&#8220;or&#8221; is not exclusive;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;words in the singular include the plural, and in the plural include the singular;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;provisions apply to successive events and transactions;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;references to agreements and other instruments include subsequent amendments thereto;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;the term &#8220;merger&#8221; includes a statutory share exchange, and the term &#8220;merged&#8221; has a correlative meaning; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;&#8220;herein,&#8221; &#8220;hereof&#8221; and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other
        subdivision.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">5</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE II</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">THE SECURITIES</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.01&#160;<u>Issuable in Series</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The aggregate principal amount of Securities that may be authenticated and delivered under this Indenture is unlimited. The Securities may be
        issued in one or more Series. All Securities of a Series shall be identical except as may be set forth in a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate detailing the adoption of the terms thereof pursuant to the authority
        granted under a Board Resolution. In the case of Securities of a Series to be issued from time to time, the Board Resolution, Officers&#8217; Certificate or supplemental indenture may provide for the method by which specified terms (such as interest
        rate, maturity date, record date or date from which interest shall accrue) are to be determined. Securities may differ between Series in respect of any matters, provided that all Series of Securities shall be equally and ratably entitled to the
        benefits of the Indenture.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.02&#160;<u>Establishment of Terms of Series of Securities</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">At or prior to the issuance of any Securities within a Series, the following shall be established (as to the Series generally, in the case of
        Subsection (a), and either as to such Securities within the Series or as to the Series generally in the case of Subsections (b)&#160;through (t) by a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate pursuant to authority granted
        under a Board Resolution:</div>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the title, designation, aggregate principal amount and authorized denominations of the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the price or prices, (expressed as a percentage of the aggregate principal amount thereof) at which the Securities of the Series will be
        issued;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the date or dates on which the principal of the Securities of the Series is payable;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the rate or rates (which may be fixed or variable) per annum or, if applicable, the method used to determine such rate or rates (including,
        but not limited to, any commodity, commodity index, stock exchange index or financial index) at which the Securities of the Series shall bear interest, if any, the date or dates from which such interest, if any, shall commence and be payable and
        any regular record date for the interest payable on any interest payment date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;any optional or mandatory sinking fund provisions or conversion or exchangeability provisions upon which Securities of the Series shall be
        redeemed, purchased, converted or exchanged;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;the date, if any, after which and the price or prices at which the Securities of the Series may be optionally redeemed or must be
        mandatorily redeemed and any other terms and provisions of optional or mandatory provisions;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;if other than denominations of $1,000 and any integral multiple thereof, the denominations in which the Securities of the Series shall be
        issuable;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;if other than the full principal amount, the portion of the principal amount of the Securities of the Series that shall be payable upon
        declaration of acceleration pursuant to Section&#160;6.02 or provable in bankruptcy;</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">6</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;any addition to or change in the Events of Default which applies 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&#160;6.02;</div>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;the currency or currencies, including composite currencies, in which payments of principal of, premium or interest, if any, on the
        Securities of the Series will be payable, if other than the currency of the United States of America;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(k)&#160;if payments of principal of, premium or interest, if any, on the Securities of the Series will be payable, at the Company&#8217;s election or at
        the election of any Holder, in a currency other than that in which the Securities of the Series are stated to be payable, the period or periods within which, and the terms and conditions upon which, the election may be made;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(l)&#160;if payments of interest, if any, on the Securities of the Series will be payable, at the Company&#8217;s election or at the election of any
        Holder, in cash or additional securities, and the terms and conditions upon which the election may be made;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(m)&#160;if denominated in a currency or currencies other than the currency of the United States of America, the equivalent price of the Securities
        of the Series in the currency of the United States of America for purposes of determining the voting rights of Holders of the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(n)&#160;if the amount of payments of principal, premium or interest may be determined with reference to an index, formula or other method based on a
        coin or currency other than that in which the Securities of the Series are stated to be payable, the manner in which the amounts will be determined;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(o)&#160;any restrictive covenants or other material terms relating to the Securities of the Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(p)&#160;whether the Securities of the Series will be issued in the form of global securities or certificates in registered form;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(q)&#160;any terms with respect to subordination;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(r)&#160;any listing on any securities exchange or quotation system;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(s)&#160;additional provisions, if any, related to defeasance and discharge of the offered debt securities; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(t)&#160;the applicability of any guarantees, which would be governed by New York law.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All Securities of any one Series need not be issued at the same time and may be issued from time to time, consistent with the terms of this
        Indenture, if so provided by or pursuant to the Board Resolution, supplemental indenture or Officers&#8217; Certificate referred to above, and the authorized principal amount of any Series may not be increased to provide for issuance of additional
        Securities of such Series, unless otherwise provided in such Board Resolution, supplemental Indenture or Officers&#8217; Certificate.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.03&#160;<u>Execution and Authentication</u>.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Two Officers shall sign the Securities for the Company by manual or facsimile signature.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">7</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the Security shall nevertheless be valid.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A Security shall not be valid until authenticated by the manual signature of the Trustee or an authenticating agent. The signature shall be
        conclusive evidence that the Security has been authenticated under this Indenture.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall at any time, and from time to time, authenticate Securities for original issue in the principal amount provided in the Board
        Resolution, supplemental indenture hereto or Officers&#8217; Certificate, upon receipt by the Trustee of a Company Order. Such Company Order may authorize authentication and delivery pursuant to oral or electronic instructions from the Company or its
        duly authorized agent or agents, which oral instructions shall be promptly confirmed in writing. Each Security shall be dated the date of its authentication unless otherwise provided by a Board Resolution, a supplemental indenture hereto or an
        Officers&#8217; Certificate.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The aggregate principal amount of Securities of any Series outstanding at any time may not exceed any limit upon the maximum principal amount
        for such Series set forth in the Board Resolution, supplemental indenture hereto or Officers&#8217; Certificate delivered pursuant to Section&#160;2.02, except as provided in Section&#160;2.08.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Prior to the issuance of Securities of any Series, the Trustee shall have received and (subject to Section&#160;7.02) shall be fully protected in
        relying on: (a)&#160;the Board Resolution, supplemental indenture hereto or Officers Certificate establishing the form of the Securities of that Series or of Securities within that Series and the terms of the Securities of that Series or of Securities
        within that Series, (b)&#160;an Officers&#8217; Certificate complying with Section&#160;10.04, and (c)&#160;an Opinion of Counsel complying with Section&#160;10.04.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall have the right to decline to authenticate and deliver any Securities of such Series: (a)&#160;if the Trustee, being advised by
        counsel, determines that such action may not lawfully be taken; or (b)&#160;if a Responsible Officer of the Trustee in good faith shall determine that such action would expose the Trustee to personal liability to Holders of any then outstanding Series
        of Securities.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may appoint an authenticating agent acceptable to the Company to authenticate Securities. An authenticating agent may authenticate
        Securities whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as an Agent to deal with the Company or an Affiliate.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If any successor that has replaced the Company in accordance with Article 5 has executed an indenture supplemental hereto with the Trustee
        pursuant to Section&#160;5.01, any of the Securities authenticated or delivered prior to such transaction may, from time to time, at the request of such successor, be exchanged for other Securities executed in the name of the such successor with such
        changes in phraseology and form as may be appropriate, but otherwise identical to the Securities surrendered for such exchange and of like principal amount; and the Trustee, upon receipt of a Company Order of such successor, shall authenticate and
        deliver Securities as specified in such order for the purpose of such exchange. If Securities shall at any time be authenticated and delivered in any new name of such successor pursuant to this provision of Section&#160;2.03 in exchange or substitution
        for or upon registration of transfer of any Securities, such successor, at the option of the Holders but without expense to them, shall provide for the exchange of all Securities then outstanding for Securities authenticated and delivered in such
        new name.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">8</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="margin: 0px 0px 5px; color: #000000; font-family: 'Times New Roman', serif; text-indent: 24.5pt;">Section&#160;2.04&#160;<u>Registrar and Paying Agent</u>.</div>
    </div>
    <div>
      <div style="margin: 12pt 0px 0px; color: #000000; font-family: 'Times New Roman', serif; text-indent: 24.5pt;">The Company shall maintain, with respect to each Series of Securities, at the place or places specified with respect to such Series
        pursuant to Section&#160;2.02, an office or agency where Securities of such Series may be presented or surrendered for payment (&#8220;Paying Agent&#8221;) and where Securities of such Series may be surrendered for registration of transfer or exchange
        (&#8220;Registrar&#8221;). The Registrar shall keep a register with respect to each Series of Securities and to their transfer and exchange. The Company will give prompt written notice to the Trustee of the name and address, and any change in the name or
        address, of each Registrar and Paying Agent. If at any time the Company shall fail to maintain any such required Registrar or Paying Agent or shall fail to furnish the Trustee with the name and address thereof, such presentations and surrenders may
        be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations and surrenders.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may also from time to time designate one or more&#160;co-registrars&#160;or additional paying agents and may from time to time rescind such
        designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligations to maintain a Registrar or Paying Agent in each place so specified pursuant to Section&#160;2.02 for Securities of any
        Series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the name or address of any such&#160;co-registrar&#160;or additional paying agent. The term &#8220;Registrar&#8221; includes
        any&#160;co-registrar;&#160;and the term &#8220;Paying Agent&#8221; includes any additional paying agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company hereby appoints [ ] as the initial Registrar and Paying Agent for each Series unless another Registrar or Paying Agent as the case
        may be, is appointed prior to the time Securities of that Series are first issued. Each Registrar and Paying Agent shall be entitled to all of the rights, protections, exculpations and indemnities afforded to the Trustee in connection with its
        roles as Registrar and Paying Agent.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.05&#160;<u>Paying Agent to Hold Money in Trust</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust, for the benefit
        of Securityholders of any Series of Securities, or the Trustee, all money held by the Paying Agent for the payment of principal of or interest on the Series of Securities, and will notify the Trustee of any default by the Company in making any such
        payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the
        Trustee, the Paying Agent (if other than the Company or a Subsidiary) shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it shall segregate and hold in a separate trust fund for the benefit of
        Securityholders of any Series of Securities all money held by it as Paying Agent.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.06&#160;<u>Securityholder Lists</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available to it of the names and addresses of
        Securityholders of each Series of Securities and shall otherwise comply with TIA Section&#160;312(a). If the Trustee is not the Registrar, the Company shall furnish to the Trustee at least [ ] days before each interest payment date and at such other
        times as the Trustee may request in writing a list, in such form and as of such date as the Trustee may reasonably require, of the names and addresses of Securityholders of each Series of Securities.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">9</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.07&#160;<u>Transfer and Exchange</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Where Securities of a Series are presented to the Registrar or a&#160;co-registrar&#160;with a request to register a transfer or to exchange them for an
        equal principal amount of Securities of the same Series, the Registrar shall register the transfer or make the exchange if its requirements for such transactions are met. To permit registrations of transfers and exchanges, the Trustee shall
        authenticate Securities at the Registrar&#8217;s request. Any exchange or transfer shall be without charge, except that the Company or the Registrar may require payment of a sum sufficient to cover any tax or other governmental charge required by law;
        provided that this sentence shall not apply to any exchange pursuant to Section&#160;2.11, 2.08, 3.06 or 9.06.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Neither the Company nor the Registrar shall be required (a)&#160;to issue, register the transfer of, or exchange Securities of any Series for the
        period beginning at the opening of business [ ] days immediately preceding the mailing of a notice of redemption of Securities of that Series selected for redemption and ending at the close of business on the day of such mailing, or (b)&#160;to register
        the transfer of or exchange Securities of any Series selected, called or being called for redemption as a whole or the portion being redeemed of any such Securities selected, called or being called for redemption in part.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">All Securities issued upon any transfer or exchange of Securities shall be valid obligations of the Company, evidencing the same debt and
        entitled to the same benefits under this Indenture, as the Securities surrendered upon such transfer or exchange. Any Registrar appointed pursuant to Section&#160;2.04 shall provide to the Trustee such information as the Trustee may reasonably require
        in connection with the delivery by such Registrar of Securities upon transfer or exchange of Securities. Each Holder of a Security agrees to indemnify the Company and the Trustee against any liability that may result from the transfer, exchange or
        assignment of such Holder&#8217;s Security in violation of any provision of this Indenture and/or applicable U.S. federal or state securities law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.08&#160;<u>Mutilated, Destroyed, Lost and Stolen Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If any mutilated Security is surrendered to the Registrar, the Company shall execute and the Trustee shall authenticate and deliver in exchange
        therefor a new Security of the same Series and of like tenor and principal amount and bearing a number not contemporaneously outstanding.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If there shall be delivered to the Company and the Registrar (i)&#160;evidence to their satisfaction of the destruction, loss or theft of any
        Security and (ii)&#160;such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Registrar that such Security has been acquired by a bona
        fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and make available for delivery, in lieu of any such destroyed, lost or stolen Security, a new Security of the same Series and of like tenor and principal
        amount and bearing a number not contemporaneously outstanding.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion
        may, instead of issuing a new Security, pay such Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Upon the issuance of any new Security under this Section, the Company 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="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original
        additional contractual obligation of the Company, whether or not the 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>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">10</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">The provisions of this Section 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>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.09&#160;<u>Outstanding Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Securities outstanding at any time are all the Securities authenticated by the Trustee except for those canceled by it, those delivered to
        it for cancellation, those reductions in the interest on a Global Security effected by the Trustee in accordance with the provisions hereof and those described in this Section as not outstanding.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If a Security is replaced pursuant to Section&#160;2.08, it ceases to be outstanding until the Trustee receives proof satisfactory to it that the
        replaced Security is held by a bona fide purchaser.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof) holds on the Maturity of Securities of a Series money
        sufficient to pay such Securities payable on that date, then on and after that date such Securities of the Series cease to be outstanding and interest on them ceases to accrue.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A Security does not cease to be outstanding because the Company or an Affiliate holds the Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In determining whether the Holders of the requisite principal amount of outstanding Securities have given any request, demand, authorization,
        direction, notice, consent or waiver hereunder, the principal amount of a Discount Security that shall be deemed to be outstanding for such purposes shall be the amount of the principal thereof that would be due and payable as of the date of such
        determination upon a declaration of acceleration of the Maturity thereof pursuant to Section&#160;6.02.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.10&#160;<u>Treasury Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In determining whether the Holders of the required principal amount of Securities of a Series have concurred in any request, demand,
        authorization, direction, notice, consent or waiver Securities of a Series owned by the Company or an Affiliate shall be disregarded, except that for the purposes of determining whether the Trustee shall be protected in relying on any such request,
        demand, authorization, direction, notice, consent or waiver only Securities of a Series that a Responsible Officer of the Trustee actually knows are so owned shall be so disregarded.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.11&#160;<u>Temporary Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Until definitive Securities are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary securities upon a
        Company Order (&#8220;Temporary Securities&#8221;). Temporary Securities shall be substantially in the form of definitive Securities but may have variations that the Company considers appropriate for temporary Securities. Without unreasonable delay, the
        Company shall prepare and the Trustee upon written request shall authenticate definitive Securities of the same Series and date of maturity in exchange for temporary Securities. Until so exchanged, temporary securities shall have the same rights
        under this Indenture as the definitive Securities.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.12&#160;<u>Cancellation</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee
        or its agent any Securities surrendered to them for transfer, exchange, payment or conversion. The Trustee and no one else shall cancel, in accordance with its standard procedures, all Securities surrendered for transfer, exchange, payment,
        conversion or cancellation and shall deliver the cancelled Securities to the Company. No Security shall be authenticated in exchange for any Security cancelled pursuant to this Section&#160;2.12.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">11</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, to the extent permitted by law, purchase Securities in the open market or by tender offer at any price or by private agreement. Any Securities
        purchased or otherwise acquired by the Company or any of its Subsidiaries prior to the final maturity of such Securities may, to the extent permitted by law, be reissued or resold or may, at the option of the Company, be surrendered to the Trustee
        for cancellation. Any Securities surrendered for cancellation may not be reissued or resold and shall be promptly cancelled by the Trustee, and the Company may not hold or resell such Securities or issue any new Securities to replace any such
        Securities.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.13&#160;<u>Defaulted Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If the Company defaults in a payment of interest on a Series of Securities, it shall pay defaulted interest, plus, to the extent permitted by
        law, any interest payable on the defaulted interest at the Default Rate, to the persons who are Security holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least [ ] days before the
        record date, the Company shall mail to the Trustee and the Paying Agent and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in
        any other lawful manner.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.14&#160;<u>Global Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;A Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate shall establish whether the Securities of a Series shall be
        issued in whole or in part in the form of one or more Global Securities and the Depository for such Global Security or Securities.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;(i)&#160;Notwithstanding any provisions to the contrary contained in Section&#160;2.07 of the Indenture and in addition thereto, any Global Security
        shall be exchangeable pursuant to Section&#160;2.07 of the Indenture for Securities registered in the names of Holders other than the Depository for such Security or its nominee only if (A)&#160;such Depository notifies the Company that it is unwilling or
        unable to continue as Depository for such Global Security or if at any time such Depository ceases to be a clearing agency registered under the Exchange Act, and, in either case, the Company fails to appoint a successor Depository within 90 days of
        such event, (B)&#160;the Company executes and delivers to the Trustee an Officers&#8217; Certificate to the effect that such Global Security shall be so exchangeable or (C)&#160;an Event of Default with respect to the Securities represented by such Global Security
        shall have happened and be continuing.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;Except as provided in this Section&#160;2.14(b), a Global Security may not be transferred except as a whole by the
        Depository with respect to such Global Security to a nominee of such Depository, by a nominee of such Depository to such Depository or another nominee of such Depository or by the Depository or any such nominee to a successor Depository or a
        nominee of such a successor Depository.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;Securities issued in exchange for a Global Security or any portion thereof shall be issued in definitive, fully
        registered form, without interest coupons, shall have an aggregate principal amount equal to that of such Global Security or portion thereof to be so exchanged, shall be registered in such names and be in such authorized denominations as the
        Depository shall designate and shall bear the applicable legends provided for herein. Any Global Security to be exchanged in whole shall be surrendered by the Depository to the Trustee, as Registrar. With regard</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <br>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">12</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="margin-left: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">to any Global Security to be exchanged in part, either such Global Security shall be so surrendered for exchange or, if the Registrar is acting as custodian for
        the Depository or its nominee with respect to such Global Security, the principal amount thereof shall be reduced by an amount equal to the portion thereof to be so exchanged, by means of an appropriate adjustment made on the records of the
        Trustee. Upon any such surrender or adjustment, the Trustee shall authenticate and deliver the Security issuable on such exchange to or upon the order of the Depository or an authorized representative thereof.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iv)&#160;The registered Holder may grant proxies and otherwise authorize any Person, including participants in the Depository
        and persons that may hold interests through participants in the Depository, to take any action which a Holder is entitled to take under this Indenture or the Securities.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(v)&#160;In the event of the occurrence of any of the events specified in 2.14(b)(i), the Company will promptly make available
        to the Trustee a reasonable supply of Certificated Securities in definitive, fully registered form, without interest coupons. If (A)&#160;an event described in Section&#160;2.14(b)(i)(A) or (B)&#160;occurs and definitive Certificated Securities are not issued
        promptly to all beneficial owners or (B)&#160;the Registrar receives from a beneficial owner instructions to obtain definitive Certificated Securities due to an event described in Section&#160;2.14(b)(i)(C) and definitive Certificated Securities are not
        issued promptly to any such beneficial owner, the Company expressly acknowledges, with respect to the right of any Holder to pursue a remedy pursuant to Section&#160;6.07 hereof, the right of any beneficial owner of Securities to pursue such remedy with
        respect to the portion of the Global Security that represents such beneficial owner&#8217;s Securities as if such definitive certificated Securities had been issued.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(vi)&#160;Notwithstanding any provision to the contrary in this Indenture, so long as a Global Security remains outstanding and
        is held by or on behalf of the Depository, transfers of a Global Security, in whole or in part, or of any beneficial interest therein, shall only be made in accordance with Section&#160;2.07, this Section&#160;2.14(b) and the rules and procedures of the
        Depository for such Global Security to the extent applicable to such transaction and as in effect from time to time.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;Any Global Security issued hereunder shall bear a legend in substantially the following form:</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in the name of the Depository
        or a nominee of the Depository. This Security is exchangeable for Securities registered in the name of a person other than the Depository or its nominee only in the limited circumstances described in the Indenture, and 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 another nominee of the Depository or by the Depository or any such nominee to a successor Depository or a nominee of such a successor
        Depository.&#8221;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;The Depository, as a Holder, may appoint agents and otherwise authorize participants to give or take any request, demand, authorization,
        direction, notice, consent, waiver or other action which a Holder is entitled to give or take under the Indenture.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;Notwithstanding the other provisions of this Indenture, unless otherwise specified as contemplated by Section&#160;2.02, payment of the principal
        of and interest, if any, on any Global Security shall be made to the Holder thereof at their registered office.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">13</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;At all times the Securities are held in book-entry form with a Depository, (i)&#160;the Trustee may deal with such Depository as the authorized representative of
        the Holders, (ii)&#160;the rights of the Holders shall be exercised only through the Depository and shall be limited to those established by law and agreement between the Holders and the Depository and/or direct participants of the Depository, (iii)&#160;the
        Depository will make book-entry transfers among the direct participants of the Depository and will receive and transmit distributions of principal and interest on the Securities to such direct participants; and (iv)&#160;the direct participants of the
        Depository shall have no rights under this Indenture, or any supplement hereto, under or with respect to any of the Securities held on their behalf by the Depository, and the Depository may be treated by the Trustee and its agents, employees,
        officers and directors as the absolute owner of the Securities for all purposes whatsoever.</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;2.15&#160;<u>CUSIP Numbers</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company in issuing the Securities may use &#8220;CUSIP&#8221;, &#8220;CCN&#8221;, &#8220;ISIN&#8221; or other identification numbers (if then generally in use), and, if so, the
        Trustee shall use &#8220;CUSIP&#8221;, &#8220;CCN&#8221;, &#8220;ISIN&#8221; or such other identification numbers 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 elements of identification printed on the Securities, and any such redemption shall not be affected by any defect in or
        omission of such numbers.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE III</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">REDEMPTION</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.01&#160;<u>Notice to Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, with respect to any series of Securities, reserve the right to redeem and pay the Series of Securities or may covenant to
        redeem and pay the Series of Securities or any part thereof prior to the Stated Maturity thereof at such time and on such terms as provided for in such Securities. If a Series of Securities is redeemable and the Company wants or is obligated to
        redeem prior to the Stated Maturity thereof all or part of the Series of Securities pursuant to the terms of such Securities, it shall notify the Trustee and Registrar in writing of the redemption date and the principal amount of Series of
        Securities to be redeemed. The Company shall give the notice at least [ ] days before the redemption date (or such shorter notice as may be acceptable to the Trustee and Registrar).</div>
    </div>
    <div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.02&#160;<u>Selection of Securities to be Redeemed</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise indicated for a particular Series by a Board Resolution, a supplemental indenture or an Officers&#8217; Certificate, if less than all
        the Securities of a Series are to be redeemed, the Registrar shall select the Securities of the Series to be redeemed in accordancewith its customary procedures. The Registrar shall make the selection from Securities of the Series outstanding not
        previously called for redemption. The Registrar may select for redemption portions of the principal of Securities of the Series that have denominations larger than $1,000. Securities of the Series and portions of them it selects shall be in amounts
        of $1,000 or whole multiples of $1,000 or, with respect to Securities of any Series issuable in other denominations pursuant to Section&#160;2.02(g), the minimum principal denomination for each Series and integral multiples thereof. Provisions of this
        Indenture that apply to Securities of a Series called for redemption also apply to portions of Securities of that Series called for redemption.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">14</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.03&#160;<u>Notice of Redemption</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise indicated for a particular Series by Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate, at least [
        ] days but not more than [ ] days before a redemption date, the Company shall mail a notice of redemption by first-class mail to each Holder whose Securities are to be redeemed.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The notice shall identify the Securities of the Series to be redeemed and shall state:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the redemption date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the redemption price;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the name and address of the Paying Agent;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;that Securities of the Series called for redemption must be surrendered to the Paying Agent to collect the redemption price;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;that interest on Securities of the Series called for redemption ceases to accrue on and after the redemption date; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;any other information as may be required by the terms of the particular Series or the Securities of a Series being redeemed.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">At the Company&#8217;s written request, the Trustee shall distribute the notice of redemption prepared by the Company in the Company&#8217;s name and at
        its expense.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.04&#160;<u>Effect of Notice of Redemption</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Once notice of redemption is mailed or published as provided in Section&#160;3.03, Securities of a Series called for redemption become due and
        payable on the redemption date and at the redemption price. A notice of redemption may not be conditional. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price plus accrued interest to the redemption date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.05&#160;<u>Deposit of Redemption Price</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">On or before the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued
        interest, if any, on all Securities to be redeemed on that date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;3.06&#160;<u>Securities Redeemed in Part</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon surrender of a Security that is redeemed in part, the Trustee shall authenticate for the Holder a new Security of the same Series and the
        same maturity equal in principal amount to the unredeemed portion of the Security surrendered.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">15</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE IV</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">COVENANTS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.01&#160;<u>Payment of Principal and Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company covenants and agrees for the benefit of the Holders of each Series of Securities that it will duly and punctually pay the principal
        of and interest, if any, on the Securities of that Series in accordance with the terms of such Securities and this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise provided under the terms of a particular Series of Securities:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;an installment of principal or interest shall be considered paid on the date it is due if the Paying Agent (other than the Company) holds by
        [ ] [a].m., New York City time, on that date money, deposited by the Company or an Affiliate thereof, sufficient to pay such installment. The Company shall (in immediately available funds), to the fullest extent permitted by law, pay interest on
        overdue principal and overdue installments of interest at the rate borne by the Securities per annum; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;payment of the principal of and interest on the Securities shall be made at the office or agency of the Company maintained for that purpose
        in [ ] (which shall initially be [ ], the Paying Agent) in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts;&#160;<font style="font-style: italic;">provided, however</font>,
        that at the option of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address appears in the register;&#160;<font style="font-style: italic;">provided, further</font>, that a Holder with
        an aggregate principal amount in excess of $[ ] will be paid by wire transfer in immediately available funds at the election of such Holder if such Holder has provided wire transfer instructions to the Company at least [ ] Business Days prior to
        the payment date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.02&#160;<u>SEC Reports</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">So long as any Securities are outstanding, the Company shall (i)&#160;file with the SEC within the time periods prescribed by its rules and
        regulations and (ii)&#160;furnish to the Trustee and the Holders of the Securities within [ ] days after the date on which the Company would be required to file the same with the SEC pursuant to its rules and regulations (giving effect to any grace
        period provided by Rule&#160;12b-25&#160;under the Exchange Act), all quarterly and annual financial information required to be furnished or filed with the SEC pursuant to Section&#160;13 and Section&#160;15(d) of the Exchange Act and, with respect to the annual
        consolidated financial statements only, a report thereon by the Company&#8217;s independent auditors. The Company also shall comply with the other provisions of TIA Section&#160;314(a).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Delivery of such reports, information and documents to the Trustee is for informational purposes only, and the Trustee&#8217;s receipt of such shall
        not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company&#8217;s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely
        exclusively on Officers&#8217; Certificates). The Company shall not be required to file any report or other information with the SEC if the SEC does not permit such filing, although such reports shall be furnished to the Trustee. Documents filed by the
        Company with the SEC via the SEC&#8217;s EDGAR system (or any successor thereto) will be deemed furnished to the Trustee and the Holders of the Securities as of the time such documents are filed via EDGAR (or such successor).</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">16</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.03&#160;<u>Compliance Certificate</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall deliver to the Trustee, within [ ] days after the end of each fiscal year of the Company, an officers certificate signed by
        two of the Company&#8217;s officers stating that a review of the activities of the Company and its Subsidiaries during the preceding fiscal year has been made under the supervision of the signing Officers with a view to determining whether the Company
        has kept, observed, performed and fulfilled its obligations under this Indenture, and further stating, as to each such Officer signing such certificate, that to the best of his knowledge the Company has kept, observed, performed and fulfilled each
        and every covenant contained in this Indenture and is not in default in the performance or observance of any of the terms, provisions and conditions hereof (or, if a Default or Event of Default shall have occurred, describing all such Defaults or
        Events of Default of which he may have knowledge in reasonable detail and the efforts to remedy the same). For purposes of this Section&#160;4.03, compliance shall be determined without regard to any grace period or requirement of notice provided
        pursuant to the terms of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall deliver to the Trustee, within [ ] days after the occurrence thereof, written notice in the form of an Officers&#8217; Certificate
        of any Event of Default described in Section&#160;6.01(e), (f), (g) or (h)&#160;and any event of which it becomes aware that with the giving of notice or the lapse of time would become such an Event of Default, its status and what action the Company is
        taking or proposes to take with respect thereto. For the avoidance of doubt, a breach of a covenant under an Instrument that is not a payment default and that has not given rise to a right of acceleration under such Instrument shall not trigger the
        requirement to provide notice under this paragraph.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.04&#160;<u>Stay, Extension and Usury Laws</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, plead, or in any manner whatsoever
        claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture or the Securities; and the Company (to the
        extent it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not, by resort to any such law, 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 has been enacted.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.05&#160;<u>Corporate Existence</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Article V, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate
        existence and the corporate, partnership or other existence of each Subsidiary in accordance with the respective organizational documents of each Subsidiary and the rights (charter and statutory), licenses and franchises of the Company and its
        Subsidiaries; provided, however, that the Company shall not be required to preserve any such right, license or franchise, or the corporate, partnership or other existence of any Subsidiary, if the Board of Directors shall determine that the
        preservation thereof is no longer desirable in the conduct of the business of the Company and its Subsidiaries taken as a whole and that the loss thereof is not adverse in any material respect to the Holders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.06&#160;<u>Taxes</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall, and shall cause each of its Subsidiaries to, pay prior to delinquency all taxes, assessments and governmental levies, except
        as contested in good faith and by appropriate proceedings.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">17</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.07&#160;<u>Additional Interest Notice</u><font style="font-style: italic;">.</font></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In the event that the Company is required to pay additional interest to Holders of Securities pursuant to Section&#160;6.02(b) hereof, the Company
        shall provide a direction or order in the form of a written notice to the Trustee (and if the Trustee is not the Paying Agent, the Paying Agent) of the Company&#8217;s obligation to pay such additional interest no later than [ ] Business Days prior to
        date on which any such additional interest is scheduled to be paid. Such notice shall set forth the amount of additional interest to be paid by the Company on such payment date and direct the Trustee (or, if the Trustee is not the Paying Agent, the
        Paying Agent) to make payment to the extent it receives funds from the Company to do so. The Trustee shall not at any time be under any duty or responsibility to any Holder to determine whether additional interest is payable, or with respect to the
        nature, extent, or calculation of the amount of additional interest owed, or with respect to the method employed in such calculation of additional interest.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;4.08&#160;<u>Further Instruments and Acts</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company will execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out
        more effectively the purposes of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE V</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SUCCESSORS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;5.01&#160;<u>When Company May Merge, Etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall not consolidate with, enter into a binding share exchange, or merge into any other Person in a transaction in which it is not
        the surviving entity, or sell, assign, convey, transfer or lease or otherwise dispose of all or substantially all of its properties and assets to any Person (a &#8220;successor person&#8221;), unless:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the successor person (if any) is a corporation, partnership, trust or other entity organized and validly existing under the laws of [ ], [
        ], the United States, any state of the United States or the District of Columbia and expressly assumes by a supplemental indenture executed and delivered to the Trustee, in form satisfactory to the Trustee, the due and punctual payment of the
        principal of, and any interest on, all Securities and the performance or observance of every covenant of this Indenture on the part of the Company to be performed or observed;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;immediately after giving effect to the transaction, no Default or Event of Default, shall have occurred and be continuing; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the Company shall have delivered to the Trustee, prior to the consummation of the proposed transaction, an Officers&#8217; Certificate to the
        foregoing effect and an Opinion of Counsel stating that the proposed transaction and such supplemental indenture comply with this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;5.02&#160;<u>Successor Corporation Substituted</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company
        in accordance with Section&#160;5.01, the successor person formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may
        exercise every right and power of, the Company under this Indenture with the same effect as if such successor person has been named as the Company herein; provided, however, that the predecessor company in the case of a sale, lease, conveyance or
        other disposition of all or substantially all of the assets of the Company shall not be released from the obligation to pay the principal of and interest, if any, on the Securities.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">18</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VI</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DEFAULTS AND REMEDIES</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.01&#160;<u>Events of Default</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">&#8220;Event of Default,&#8221; wherever used herein with respect to securities of any Series, means any one of the following events, unless in the
        establishing Board Resolution, supplemental indenture or Officers&#8217; Certificate, it is provided that such Series shall not have the benefit of said Event of Default:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;default in the payment of any interest on any Security of that Series when it becomes due and payable, and continuance of such default for a
        period of 30 days (unless the entire amount of such payment is deposited by the Company with the Trustee or with a Paying Agent prior to the expiration of such period of 30 days); or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;default in the payment of any principal of any Security of that Series at its Maturity; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;default in the deposit of any sinking fund payment, when and as due in respect of any Security of that Series; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Company fails to perform or comply with any of its other covenants or agreements contained in the Securities or in this Indenture (other
        than a covenant or agreement a default in whose performance or whose breach is specifically dealt with in clauses (a), (b) or (c)&#160;of this Section&#160;6.01) and the default continues for 60 days after notice is given as specified below;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;any indebtedness under any bond, debenture, note or other evidence of indebtedness for money borrowed by the Company or any Subsidiary or
        under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by, or any other payment obligation of, the Company or any Subsidiary (an &#8220;Instrument&#8221;)
        with a principal amount then, individually or in the aggregate, outstanding in excess of $[ ], whether such indebtedness now exists or shall hereafter be created, is not paid at Maturity or when otherwise due or is accelerated, and such
        indebtedness is not discharged, or such default in payment or acceleration is not cured or rescinded, within a period of 30 days after there shall have been given, by registered or certified mail, to the Company by the Trustee or to the Company and
        the Trustee by the Holders of at least [ ]% in aggregate principal amount of the outstanding Securities of that Series a written notice specifying such default and requiring the Company to cause such indebtedness to be discharged or cause such
        default to be cured or waived or such acceleration to be rescinded or annulled and stating that such notice is a &#8220;Notice of Default&#8221; hereunder. A payment obligation (other than indebtedness under any bond, debenture, note or other evidence of
        indebtedness for money borrowed by the Company or any Subsidiary or under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any indebtedness for money borrowed by the Company or any
        Subsidiary) shall not be deemed to have matured, come due, or been accelerated to the extent that it is being disputed by the relevant obligor or obligors in good faith. For the avoidance of doubt, the Maturity of an Instrument is the Maturity as
        set forth in that Instrument, as it may be amended from time to time in accordance with the terms of that Instrument;</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">19</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;the Company or any Subsidiary fails to pay one or more final and&#160;non-appealable&#160;judgments entered by a court or courts of competent jurisdiction, the
        aggregate uninsured or unbonded portion of which is in excess of $[ ], if the judgments are not paid, discharged, waived or stayed within [ ] days;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;the Company or any Subsidiary of the Company, pursuant to or within the meaning of any Bankruptcy Law:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;commences a voluntary case or proceeding;</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;consents to the entry of an order for relief against it in an involuntary case or proceeding;</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;consents to the appointment of a Custodian of it or for all or substantially all of its property; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iv)&#160;makes a general assignment for the benefit of its creditors; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(v)&#160;or generally is unable to pay its debts as the same become due; or</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that:</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;is for relief against the Company or any of its Subsidiaries in an involuntary case or proceeding;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;appoints a Custodian of the Company or any of its Subsidiaries for all or substantially all of the property of the
        Company or any such Subsidiary; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;orders the liquidation of the Company or any of its Subsidiaries;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">and the case of each of clause (i), (ii) and (iii), the order or decree remains unstayed and in effect for [ ] consecutive days; or</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;any other Event of Default provided with respect to Securities of that Series, which is specified in a Board
        Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate, in accordance with Section&#160;2.02(i).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A default under clause (d)&#160;above is not an Event of Default until the Trustee notifies the Company, or the Holders of at least [ ]% in
        aggregate principal amount of the Securities then outstanding notify the Company and the Trustee, in writing of the default, and the Company does not cure the default within 60 days after receipt of such notice. The notice given pursuant to this
        Section&#160;6.01 must specify the default, demand that it be remedied and state that the notice is a &#8220;Notice of Default.&#8221; When any default under this Section&#160;6.01 is cured, it ceases.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee shall not be charged with knowledge of any Event of Default unless written notice thereof shall have been given to a Trust Officer
        at the Corporate Trust Office of the Trustee by the Company, a Paying Agent, any Holder or any agent of any Holder.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">20</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.02&#160;<u>Acceleration of Maturity; Rescission and Annulment</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;If an Event of Default (other than an Event of Default specified in clause (g)&#160;or (h) of Section&#160;6.01) occurs and is continuing with respect
        to any Securities of any Series, then in every such case, the Trustee may, by notice to the Company, or the Holders of at least 25% in aggregate principal amount of the Securities of that Series (or, if any Securities of that Series are Discount
        Securities, such portion of the principal amount as may be specified in the terms of such Securities) then outstanding may, by notice to the Company and the Trustee, declare all unpaid principal of, and accrued and unpaid interest on to the date of
        acceleration, the Securities of that Series then outstanding (if not then due and payable) to be due and payable upon any such declaration, and the same shall become and be immediately due and payable. If an Event of Default specified in clause
        (g)&#160;or (h) of Section&#160;6.01 occurs, all unpaid principal of the Securities then outstanding, and all accrued and unpaid interest thereon to the date of acceleration, shall ipso facto become and be immediately due and payable without any declaration
        or other act on the part of the Trustee or any Holder. The Holders of a majority in aggregate principal amount of the Securities of that Series then outstanding by notice to the Trustee may rescind an acceleration of such Securities of that Series
        and its consequences if (a)&#160;all existing Events of Default, other than the nonpayment of the principal of the Securities which has become due solely by such declaration of acceleration, have been cured or waived; (b)&#160;to the extent the payment of
        such interest is lawful, interest (calculated at the Default Rate) on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; (c)&#160;the rescission would not
        conflict with any judgment or decree of a court of competent jurisdiction; and (d)&#160;all payments due to the Trustee and any predecessor Trustee under Section&#160;7.07 have been made. No such rescission shall affect any subsequent default or impair any
        right consequent thereto.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Notwithstanding any of provision of this Article 6, at the election of the Company in its sole discretion, the sole remedy under this
        Indenture for an Event of Default relating to the failure to comply with Section&#160;4.02, and for any failure to comply with the requirements of Section&#160;314(a)(1) of the TIA, will consist, for the 180 days after the occurrence of such an Event of
        Default, exclusively of the right to receive additional interest on the Securities at a rate equal to 0.50% per annum of the aggregate principal amount of the Securities then outstanding up to, but not including, the 181st day thereafter (or, if
        applicable, the earlier date on which the Event of Default relating to Section&#160;4.02 is cured or waived). Any such additional interest will be payable in the same manner and on the same dates as the stated interest payable on the Securities. In no
        event shall additional interest accrue under the terms of this Indenture at a rate in excess of 0.50% per annum, in the aggregate, for any violation or default caused by the failure of the Company to be current in respect of its Exchange Act
        reporting obligations. If the Event of Default is continuing on the 181st day after an Event of Default relating to a failure to comply with Section&#160;4.02, the Securities will be subject to acceleration as provided in this Section&#160;6.02. The
        provisions of this Section&#160;6.02(b) will not affect the rights of Holders in the event of the occurrence of any other Events of Default.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">In order to elect to pay additional interest as the sole remedy during the first 180 days after the occurrence of an Event of Default relating
        to the failure to comply with Section&#160;4.02 in accordance with the immediately preceding paragraph, the Company shall notify all Holders and the Trustee and Paying Agent of such election on or before the close of business on the fifth Business Day
        after the date on which such Event of Default otherwise would occur. Upon a failure by the Company to timely give such notice or pay additional interest, the Securities will be immediately subject to acceleration as otherwise provided in this
        Section&#160;6.02.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">21</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.03&#160;<u>Collection of Indebtedness and Suits for Enforcement by Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If an Event of Default with respect to any Securities of any Series occurs and is continuing, the Trustee may in its discretion proceed to
        protect and enforce its rights and the rights of the Holders of Securities of such Series 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If an Event of Default in the payment of principal, interest, if any, specified in clause (a)&#160;or (b) of Section&#160;6.01 occurs and is continuing,
        the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or another obligor on the Securities for the whole amount of principal, and accrued interest remaining unpaid, if any, together with, to the
        extent that payment of such interest is lawful, interest on overdue principal, on overdue installments of interest, if any, in each case at the Default Rate, and 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, its agents and counsel.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.04&#160;<u>Trustee May File Proofs of Claim</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other
        judicial proceeding relative to the Company or any other obligor upon the Securities or the property of the Company or of such other obligor or their creditors, 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 Company for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in
        such proceeding or otherwise,</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;to file and prove a claim for the whole amount of principal and interest owing and unpaid in respect of the Securities and to file such
        other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and of the
        Holders allowed in such judicial proceeding, and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;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 it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under
        Section&#160;7.07.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Nothing herein contained 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.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.05&#160;<u>Trustee May Enforce Claims Without Possession of Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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, 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>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">22</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.06&#160;<u>Application of Money Collected</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Any money collected by the Trustee pursuant to this Article 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 interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid: and</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">First</font>: To the payment of all amounts due the Trustee under Section&#160;7.07;</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">Second</font>: To the payment of the amounts then due and unpaid for principal of and interest 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 interest, respectively; and</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">Third</font>: To the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.07&#160;<u>Limitation on Suits</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 for the appointment of a receiver or trustee, or for any other remedy hereunder (except actions for payment of overdue principal and interest), unless:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that
        Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Holders of not less than [ ]% in principal amount of the outstanding Securities of that Series shall have made written request to the
        Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;such Holder or Holders have offered to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities to be incurred
        in compliance with such request;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Trustee for [ ] days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;no direction inconsistent with such written request has been given to the Trustee during such [&#160;]-day&#160;period by the Holders of a majority in
        principal amount of the outstanding Securities of that Series; 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 of such Holders, 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 such Holders.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.08&#160;<u>Unconditional Right of Holders to Receive Principal and Interest</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 interest, if any, on such Security on the Stated Maturity or 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>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">23</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.09&#160;<u>Restoration of Rights and Remedies</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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 Company, 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.10&#160;<u>Rights and Remedies Cumulative</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in Section&#160;2.08, 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. 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.11&#160;<u>Delay or Omission Not Waiver</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">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. Every right and remedy given by this Article or by 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.12&#160;<u>Control by Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Holders of a majority in principal amount of the outstanding Securities of any Series shall have the right 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>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;such direction shall not be in conflict with any rule of law or with this Indenture,</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;subject to the provisions of Section&#160;6.01, 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 or would be unduly prejudicial to the rights of another Holder or the Trustee.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.13&#160;<u>Waiver of Past Defaults</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.02, the Holders of not less than a majority in principal amount of the outstanding Securities of any Series may on behalf
        of the Holders of all the Securities of such Series waive any past Default hereunder with respect to such Series and its consequences, except a Default in the payment of the principal of or interest on any Security of such Series (provided,
        however, that the Holders of a majority in principal amount of the outstanding Securities of any Series may rescind an acceleration and its</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">24</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">consequences, including any related payment default that resulted from such acceleration). Upon any such waiver, such Default shall cease to exist, and any Event of Default arising
        therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;6.14&#160;<u>Undertaking for Costs</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court
        may in its discretion require, 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 Trustee, the filing by any party litigant in such suit
        of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, including reasonable attorneys&#8217; fees, against any party litigant in such suit, having due regard to the merits and good faith of the
        claims or defenses made by such party litigant; but the provisions of this Section shall not apply to any suit instituted by the Company, to any suit instituted by the Trustee, to any suit instituted by any Holder, or group of Holders, holding in
        the aggregate more than [ ]% in principal amount of the outstanding Securities of any Series, or to any suit instituted by any Holder for the enforcement of the payment of the principal of or interest on any Security on or after the Stated Maturity
        or Stated Maturities expressed in such Security (or, in the case of redemption, on the redemption date).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VII</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">TRUSTEE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.01&#160;<u>Duties of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by this Indenture and
        use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of his own affairs.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Except during the continuance of an Event of Default:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;The Trustee need perform only those duties that are specifically set forth in this Indenture and no implied duties,
        covenants or obligations shall be deemed to be imposed upon the Trustee.</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the
        correctness of the opinions expressed therein, upon Officers&#8217; Certificates or Opinions of Counsel furnished to the Trustee and conforming to the requirements of this Indenture; however, in the case of any such Officers&#8217; Certificates or Opinions of
        Counsel which by any provisions hereof are specifically required to be furnished to the Trustee, the Trustee shall examine such Officers&#8217; Certificates and Opinions of Counsel to determine whether or not they conform on their face to the
        requirements of this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee may not be relieved from liability for its own its own negligent action, its own negligent failure to act or willful misconduct,
        except that:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;This paragraph does not limit the effect of paragraph (b)&#160;of Section&#160;7.01 herein.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">25</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;The Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(iii)&#160;The Trustee shall not be liable with respect to any action taken, suffered or omitted to be taken by it with respect
        to Securities of any Series in good faith in accordance with the direction of the Holders of a majority in principal amount of the outstanding Securities of such Series relating to the time, method and place of conducting any proceeding for any
        remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such Series.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;Every provision of this Indenture that in any way relates to the Trustee is subject to paragraph (a), (b) and (c)&#160;of this Section.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;The Trustee may refuse to perform any duty or exercise any right or power unless it receives an indemnity satisfactory to it against any
        loss, liability or expense.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;The Trustee shall not be liable for interest on any money received by it except as the Trustee may agree in writing with the Company. Money
        held in trust by the Trustee need not be segregated from other funds except to the extent required by law.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;No provision of this Indenture shall require the Trustee to risk or expend its own funds or otherwise incur liability, financial or
        otherwise, in the performance of any of its duties, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk is not
        reasonably assured to it.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;The Paying Agent, the Registrar and any authenticating agent shall be entitled to the same rights, indemnities, protections and immunities
        afforded to the Trustee.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;The Trustee shall have no duty to monitor the performance or compliance of the Company with its obligations hereunder or any under
        supplement hereto, nor shall it have any liability in connection with the malfeasance or nonfeasance by the Company. The Trustee shall have no liability in connection with compliance by the Company with statutory or regulatory requirements related
        to this Indenture, any supplement or any Securities issued pursuant hereto or thereto.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.02&#160;<u>Rights of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;The Trustee may conclusively rely on and shall be fully protected in acting or refraining from acting as a result of its reasonable belief
        that any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, direction, approval or other paper or document was genuine and had been signed or presented by the proper person. The Trustee need not
        investigate any fact or matter stated in the document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it sees fit.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Before the Trustee acts or refrains from acting, it may require an Officers&#8217; Certificate or an Opinion of Counsel or both. The Trustee shall
        not be liable for any action it takes or omits to take in good faith in reliance on such Officers&#8217; Certificate or Opinion of Counsel.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee may act through agents and shall not be responsible for the misconduct or negligence of, or for the supervision of, any agent
        appointed with due care. No Depository shall be deemed an agent of the Trustee and the Trustee shall not be responsible for any act or omission by any Depository.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">26</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;The Trustee shall not be liable for any action it takes or omits to take in good faith which it believes to be authorized or within its rights or powers.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;The Trustee may consult with counsel of its selection and the advice of such counsel or any Opinion of Counsel shall be full and complete
        authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;The Trustee shall be under no obligation to exercise any of the rights or powers vested in it by or pursuant to this Indenture at the
        request, order or direction of any of the Holders of Securities, unless such Holders shall have offered to the Trustee reasonable security or indemnity satisfactory to it against the costs, expenses and liabilities which might be incurred by it in
        compliance with such request or direction.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.03&#160;<u>Individual Rights of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee, in its individual or any other capacity, may become the owner or pledgee of Securities and may otherwise deal with the Company or
        an Affiliate with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. The Trustee is also subject to Sections 7.10 and 7.11.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.04&#160;<u>Trustee&#8217;s Disclaimer</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee makes no representation as to the validity or adequacy of this Indenture or the Securities and the recitals contained herein and in
        the Securities shall be taken as statements of the Company and not of the Trustee, and the Trustee has no responsibility for such recitals. The Trustee shall not be accountable for the Company&#8217;s use or application of the proceeds from the
        Securities or for monies paid over to the Company pursuant to this Indenture, and it shall not be responsible for any statement in the Securities other than its authentication.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.05&#160;<u>Notice of Defaults</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If a Default or Event of Default occurs and is continuing with respect to the Securities of any Series and if a Responsible Officer of the
        Trustee has knowledge or receives written notice of such event, the Trustee shall mail to each Securityholder of the Securities of that Series, notice of a Default or Event of Default within [ ] days after it occurs or, if later, after a
        Responsible Officer of the Trustee has actual knowledge of such Default or Event of Default. Except in the case of a Default or Event of Default in payment of principal of or interest on any Security of any Series, including any additional interest
        that may become payable pursuant to Section&#160;6.02(b), the Trustee may withhold the notice so long as the Trustee in good faith determines that withholding the notice is in the interests of Securityholders of that Series.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.06&#160;<u>Reports by Trustee to Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Within [ ] days after [ ] in each year, the Trustee shall transmit by mail to all Securityholders, as their names and addresses appear on the
        register kept by the Registrar, a brief report dated as of such [ ], in accordance with, and to the extent required under, TIA Section&#160;313.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A copy of each report at the time of its mailing to Securityholders of any Series shall be filed with the SEC and each stock exchange on which
        the Securities of that Series are listed. The Company shall promptly notify the Trustee when Securities of any Series are listed on any stock exchange.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">27</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.07&#160;<u>Compensation and Indemnity</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall pay to the Trustee from time to time such compensation for its services as shall be agreed upon in writing. The Trustee&#8217;s
        compensation shall not be limited by any law on compensation of a trustee of an express trust. The Company shall reimburse the Trustee upon request for all reasonable&#160;out-of-pocket&#160;expenses, disbursements and advances incurred by it. Such expenses
        shall include the reasonable compensation and expenses of the Trustee&#8217;s agents, counsel and other persons not regularly in its employ.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company shall indemnify, defend and hold harmless the Trustee and its officers, directors, employees, representatives and agents, from and
        against and reimburse the Trustee for any and all claims, expenses, obligations, liabilities, losses, damages, injuries (to person, property, or natural resources), penalties, stamp or other similar taxes, actions, suits, judgments, reasonable
        costs and expenses (including reasonable attorney&#8217;s and agent&#8217;s fees and expenses) of whatever kind or nature regardless of their merit, demanded, asserted or claimed against the Trustee directly or indirectly relating to, or arising from, claims
        against the Trustee by reason of its participation in the transactions contemplated hereby, including without limitation all reasonable costs required to be associated with claims for damages to persons or property, and reasonable attorneys&#8217; and
        consultants&#8217; fees and expenses and court costs except to the extent caused by the Trustee&#8217;s negligence or willful misconduct. The provisions of this Section&#160;7.07 shall survive the termination of this Agreement or the earlier resignation or removal
        of the Trustee. The Company shall defend any claim and the Trustee shall cooperate in the defense. The Trustee may have separate counsel and the Company shall pay the reasonable fees and expenses of such counsel. The Company need not pay for any
        settlement made without its consent, which consent shall not be unreasonably withheld or delayed. This indemnification shall apply to officers, directors, employees, shareholders and agents of the Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company need not reimburse any expense or indemnify against any loss liability incurred by the Trustee or by any officer, director,
        employee, shareholder or agent of the Trustee through negligence or bad faith.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">To secure the Company&#8217;s payment obligations in this Section, the Trustee shall have a lien prior to the Securities of any Series on all money
        or property held or collected by the Trustee, except that held in trust to pay principal and interest on particular Securities of that Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">When the Trustee incurs expenses or renders services after an Event of Default specified in Section&#160;6.01(f) or (g)&#160;occurs, the expenses and the
        compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.08&#160;<u>Replacement of Trustee</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee&#8217;s
        acceptance of appointment as provided in this Section.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may resign with respect to the Securities of one or more Series by so notifying the Company. The Holders of a majority in principal
        amount of the Securities of any Series may remove the Trustee with respect to that Series by so notifying the Trustee and the Company. The Company may remove the Trustee with respect to Securities of one or more Series if:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the Trustee fails to comply with Section&#160;7.10;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered with respect to the Trustee under any Bankruptcy Law;</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">28</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(c) a Custodian or public officer takes charge of the Trustee or its property; or</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Trustee becomes incapable of acting.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Company shall promptly appoint a
        successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in principal amount of the then outstanding Securities may appoint a successor Trustee to replace the successor Trustee appointed by the Company.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If a successor Trustee with respect to the Securities of any one or more Series does not take office within [ ] days after the retiring Trustee
        resigns or is removed, the retiring Trustee, the Company or the Holders of at least [ ]% in principal amount of the Securities of the applicable Series may petition any court of competent jurisdiction for the appointment of a successor Trustee.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Company. Immediately after that,
        the retiring Trustee shall transfer all property held by it as Trustee to the successor Trustee subject to the lien provided for in Section&#160;7.07, and subject to the payment of any and all amounts then due and owing to the retiring Trustee, the
        resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee with respect to each Series of Securities for which it is acting as Trustee under this
        Indenture. A successor Trustee shall mail a notice of its succession to each Securityholder of each such Series. Notwithstanding replacement of the Trustee pursuant to this Section&#160;7.08, the Company&#8217;s obligations under Section&#160;7.07 hereof shall
        continue for the benefit of the retiring trustee with respect to expenses and liabilities incurred by it prior to such replacement.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.09&#160;<u>Successor Trustee by Merger, etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another
        corporation, the successor corporation without any further act shall be the successor Trustee with the same effect as if the successor Trustee had been named as the Trustee herein.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.10&#160;<u>Eligibility; Disqualification</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture shall always have a Trustee who satisfies the requirements of TIA Section&#160;310(a)(1), (2) and (5). The Trustee shall always have a
        combined capital and surplus of at least $25,000,000 as set forth in its most recent published annual report of condition. The Trustee shall comply with TIA Section&#160;310(b).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;7.11&#160;<u>Preferential Collection of Claims Against Company</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee is subject to TIA Section&#160;311(a), excluding any creditor relationship listed in TIA Section&#160;311(b). A Trustee who has resigned or
        been removed shall be subject to TTA Section&#160;311(a) to the extent indicated.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">29</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE VIII</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SATISFACTION AND DISCHARGE; DEFEASANCE</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.01&#160;<u>Satisfaction and Discharge of Indenture</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture shall upon Company Order cease to be of further effect (except as hereinafter provided in this Section&#160;8.01), and the Trustee, on
        the demand of and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;either</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;all Securities theretofore authenticated and delivered (other than Securities that have been destroyed, lost or stolen
        and that have been replaced or paid) have been delivered to the Trustee for cancellation; or</div>
      <div style="text-indent: 55.1pt; margin-left: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(ii)&#160;all such Securities not theretofore delivered to the Trustee for cancellation have become due and payable, or</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z6e3402462f2744cb84c6fa742675722c">

        <tr>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(1)</div>
          </td>
          <td style="width: 96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">have become due and payable, or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z42aff0be4a514e0db42c1bd9f59d8f1d">

        <tr>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(2)</div>
          </td>
          <td style="width: 96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">will become due and payable at their Stated Maturity within [ ], or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="zdb2c5be06c254a9bb1ea10b938192021">

        <tr>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(3)</div>
          </td>
          <td style="width: 96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">are to be called for redemption within [ ] 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 Company,
              or</div>
          </td>
        </tr>

    </table>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 6pt;">&#160;</div>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="ze1906272d2b044638ad8dd6e65c0cc63">

        <tr>
          <td style="width: 4%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">(4)</div>
          </td>
          <td style="width: 96%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">are deemed paid and discharged pursuant to section 8.03, as applicable; and the Company, in the case of (1), (2) or (3)&#160;above, has deposited or caused to be deposited with the Trustee as trust
              funds in trust an amount sufficient for the purpose of paying and discharging the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal and interest to the date of such deposit (in the
              case of Securities which have become due and payable on or prior to the date of such deposit) or to the Stated Maturity or redemption date, as the case may be;</div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the Company has paid or caused to be paid all other sums payable hereunder by the Company; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the Company has delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each meeting the applicable requirements of
        Sections 10.04 and 10.05 and each stating that all conditions precedent herein relating to the satisfaction and discharge of this Indenture have been complied with and the Trustee receives written demand from the Company to discharge.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company to the Trustee under Section&#160;7.07, and, if
        money shall have been deposited with the Trustee pursuant to clause (a)&#160;of this Section, the provisions of Sections 2.04, 2.07, 2.08, 8.01 8.02 and 8.05 shall survive.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <br>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">30</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.02&#160;<u>Application of Trust Funds; Indemnification</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;Subject to the provisions of Section&#160;8.05, all money deposited with the Trustee pursuant to Section&#160;8.01, all money and U.S. Government
        Obligations or Foreign Government Obligations deposited with the Trustee pursuant to Section&#160;8.03 or 8.04 and all money received by the Trustee in respect of U.S. Government Obligations or Foreign Government Obligations deposited with the Trustee
        pursuant to Section&#160;8.03 or 8.04, 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 Company acting as its own
        Paying Agent) as the Trustee may determine, to the persons entitled thereto, of the principal and interest for whose payment such money has been deposited with or received by the Trustee or to make mandatory sinking fund payments or analogous
        payments as contemplated by Sections 8.03 or 8.04.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;The Company shall pay and shall indemnify the Trustee and the Agents against any tax, fee or other charge imposed on or assessed against
        U.S. Government Obligations or Foreign Government Obligations deposited pursuant to Sections 8.03 or 8.04 or the interest and principal received in respect of such obligations other than any payable by or on behalf of Holders.</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;The Trustee shall, in accordance with the terms of this Indenture, deliver or pay to the Company from time to time, upon Company Request and
        at the expense of the Company any U.S. Government Obligations or Foreign Government Obligations or money held by it pursuant to this Indenture as provided in Sections 8.03 or 8.04 which, in the opinion of a nationally recognized firm of independent
        certified public accountants, expressed in a written certification thereof and delivered to the Trustee together with such Company Request, are then in excess of the amount thereof which then would have been required to be deposited for the purpose
        for which such U.S. Government Obligations or Foreign Government Obligations or money were deposited or received. This provision shall not authorize the sale by the Trustee of any U.S. Government Obligations or Foreign Government Obligations held
        under this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.03&#160;<u>Legal Defeasance of Securities of any Series</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless this Section&#160;8.03 is otherwise specified, pursuant to Section&#160;2.02(s), to be inapplicable to Securities of any Series, the Company shall
        be deemed to have paid and discharged the entire indebtedness on all the outstanding Securities of such Series on the [ ] day after the date of the deposit referred to in subparagraph (d)&#160;hereof, and the provisions of this Indenture, as it relates
        to such outstanding Securities of such Series, shall no longer be in effect (and the Trustee, at the expense of the company, shall, at Company Request, execute proper instruments acknowledging the same), except as to:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;the rights of Holders of Securities of such Series to receive, from the trust funds described in subparagraph (d)&#160;hereof, (i) payment of the
        principal of and each installment of principal of and interest on the outstanding Securities of such Series on the Stated Maturity of such principal or installment of principal or interest and (ii)&#160;the benefit of any mandatory sinking fund payments
        applicable to the Securities of such Series on the day on which such payments are due and payable in accordance with the terms of this Indenture and the Securities of such Series;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;the provisions of Sections 2.04, 2.07, 2.08, 2.14, 8.02, 8.03 and 8.05; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;the rights, powers, trust and immunities of the Trustee hereunder; provided that, the following conditions shall have been satisfied:</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">31</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the Company shall have deposited or caused to be deposited irrevocably with the Paying Agent 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 in the case of Securities of such Series denominated in Dollars, cash in Dollars (or such other money or currencies as shall then
        be legal tender in the United States) and/or U.S. Government Obligations, or (ii)&#160;in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government Obligations, which
        through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Paying Agent), not later than [ ] day before the due date
        of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee and the Paying Agent, to pay and
        discharge each installment of principal (including mandatory sinking fund or analogous payments) of and interest, if any, on all the Securities of such Series on the dates such installments of interest or principal are due;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument
        to which the Company is a party or by which it is bound;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;no Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
        deposit or during the period ending on the [ ] day after such date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel to the effect that (i)&#160;the Company has
        received from, or there has been published by, the Internal Revenue Service a ruling, or (ii)&#160;since the date of execution of this Indenture, there has been a change in the applicable Federal income tax law, in either case to the effect that, and
        based thereon such Opinion of Counsel shall confirm that, the Holders of the Securities of such Series will not recognize income, gain or loss for Federal income tax purposes as a result of such deposit, defeasance and discharge and will be subject
        to Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge had not occurred;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate stating that the deposit was not made by the Company with the
        intent of preferring the Holders of the Securities of such Series over any other creditors of the company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;such deposit shall not result in the trust arising from such deposit constituting an investment company (as defined in the Investment
        Company Act of 1940, as amended), or such trust shall be qualified under such Act or exempt from regulation thereunder; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;the Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each stating that all conditions
        precedent provided for relating to the defeasance contemplated by this Section have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.04&#160;<u>Covenant Defeasance</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless this Section&#160;8.04 is otherwise specified pursuant to Section&#160;2.02(s) to be inapplicable to Securities of any Series, on and after the [ ]
        day after the date of the deposit referred to in subparagraph (a)&#160;hereof, the Company may omit to comply with any term, provision or condition set forth under Sections 4.02, 4.03, 4.04, 4.05, 4.06, and 5.01 as well as any additional covenants
        contained in a supplemental indenture hereto for a particular Series of Securities or a Board Resolution or an Officers&#8217; Certificate delivered pursuant to Section&#160;2.02(s) (and the failure to comply with any such covenants shall not constitute a
        Default or Event of Default under Section&#160;6.01) and the occurrence of any event described in clause (e)&#160;of Section&#160;6.01 shall not constitute a Default or Event of Default hereunder, with respect to the Securities of such Series, provided that the
        following conditions shall have been satisfied:</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">32</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 55.1pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;With reference to this Section&#160;8.04, the Company has deposited or caused to be irrevocably deposited (except as provided in Section&#160;8.02(c)) with the Paying
        Agent as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of such Securities (i)&#160;in the case of Securities of such Series denominated in Dollars, cash in Dollars (or such other money or
        currencies as shall then be legal tender in the United States) and/or U.S. Government Obligations, or (ii)&#160;in the case of Securities of such Series denominated in a Foreign Currency (other than a composite currency), money and/or Foreign Government
        Obligations, which through the payment of interest and principal in respect thereof, in accordance with their terms, will provide (and without reinvestment and assuming no tax liability will be imposed on such Paying Agent), not later than [ ] day
        before the due date of any payment of money, an amount in cash, sufficient, in the opinion of a nationally recognized firm of independent certified public accountants expressed in a written certification thereof delivered to the Paying Agent, to
        pay principal and interest, if any, on and any mandatory sinking fund in respect of the Securities of such Series on the dates such installments of interest or principal are due;</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;Such deposit will not result in a breach or violation of, or constitute a default under, this Indenture or any other agreement or instrument
        to which the Company is a party or by which it is bound;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;No Default or Event of Default with respect to the Securities of such Series shall have occurred and be continuing on the date of such
        deposit or during the period ending on the [ ] day after such date;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;the company shall have delivered to the Trustee an Opinion of Counsel confirming that Holders of the Securities of such Series will not
        recognize income, gain or loss for federal income tax purposes as a result of such deposit and defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such
        deposit and defeasance had not occurred; the Company shall have delivered to the Trustee an Officers&#8217; Certificate stating the deposit was not made by the Company with the intent of preferring the Holders of the Securities of such Series over any
        other creditors of the Company or with the intent of defeating, hindering, delaying or defrauding any other creditors of the Company; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;The Company shall have delivered to the Trustee an Officers&#8217; Certificate and an Opinion of Counsel, each stating that all conditions
        precedent herein provided for relating to the defeasance contemplated by this Section have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;8.05&#160;<u>Repayment to Company</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and interest that remains unclaimed
        for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person and all liability of the Paying Agent with respect to
        that money shall cease.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">33</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE IX</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">AMENDMENTS AND WAIVERS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.01&#160;<u>Without Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.02 and Section&#160;9.03, the Company and the Trustee may amend or supplement this Indenture or the Securities of one or more
        Series without the consent of any Securityholder:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;to cure any ambiguity, defect or inconsistency;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;to comply with Article V;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;to provide for uncertificated Securities in addition to or in place of certificated Securities;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;to make any change that does not adversely affect the rights of any Securityholder;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;to provide for the issuance of and establish the form and terms and conditions of Securities of any Series as permitted by this Indenture;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;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 more than one Trustee; to comply with requirements of the TIA and any rules
        promulgated under the TIA; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;to add to the covenants of the Company for the equal and ratable benefit of the Holders or to surrender any right, power or option conferred
        upon the Company.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any amendment or supplement made solely to conform the provisions of this Indenture or the Securities of any Series to the description thereof
        contained in the final prospectus relating to such Series will be deemed not to adversely affect the rights of any Holder.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.02&#160;<u>With Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Subject to Section&#160;9.03, the Company and the Trustee may enter into a supplemental indenture with the written consent of the Holders of at least
        a majority in principal amount of the outstanding Securities of all Series affected by such supplemental indenture, taken together as one class (including consents obtained in connection with a tender offer or exchange offer for the Securities of
        such Series), for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of any supplemental indenture or of modifying in any manner the rights of the Securityholders of each such
        Series. Except as provided in Section&#160;6.13, the Holders of at least a majority in principal amount of the outstanding Securities of all Series affected by such waiver by notice to the Trustee, taken together as one class (including consents
        obtained in connection with a tender offer or exchange offer for the Securities of such Series) may waive compliance by the Company with any provision of this Indenture or the Securities with respect to such Series.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">It shall not be necessary for the consent of the Holders of Securities under this Section&#160;9.02 to approve the particular form of any proposed
        supplemental indenture or waiver, but it shall be sufficient if such consent approves the substance thereof. After a supplemental indenture or waiver under this section becomes effective, the Company shall mail to the Holders of Securities affected
        thereby a notice briefly describing the supplemental indenture or waiver. Any failure by the Company to mail or publish such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such supplemental
        indenture or waiver.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">34</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.03&#160;<u>Limitations</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Without the consent of each Securityholder affected, an amendment or waiver may not:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;change the amount of Securities whose Holders must consent to an amendment, supplement or waiver, except to increase any such amount or to
        provide that certain provisions of this Indenture cannot be modified, amended or waived without the consent of the Holder of each outstanding Security affected thereby;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;reduce the amount of interest, or change the interest payment time, on any Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;waive a redemption payment or alter the redemption provisions (other than any alteration that would not materially adversely affect the
        legal rights of any Holder under this Indenture) or the price at which the Company is required to offer to purchase the Securities;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;reduce the principal or change the Stated Maturity of any Security or reduce the amount of, or postpone the date fixed for, the payment of
        any sinking fund or analogous obligation;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(e)&#160;reduce the principal amount payable of any Security upon Maturity;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(f)&#160;waive a Default or Event of Default in the payment of the principal of or interest, if any, on any Security (except a rescission of
        acceleration of the Securities of any Series by the Holders of at least a majority in principal amount of the outstanding Securities of such Series and a waiver of the payment default that resulted from such acceleration);</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(g)&#160;change the place or currency of payment of principal of or interest, if any, on any Security other than that stated in the Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(h)&#160;impair the right of any Holder to receive payment of principal or, or interest on, the Securities of such Holder on or after the due dates
        therefor;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(i)&#160;impair the right to institute suit for the enforcement of any payment on, or with respect to, any Security;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(j)&#160;make any change in Sections 10.15 or 10.16;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(k)&#160;change the ranking of the Securities; or</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(l)&#160;make any other change which is specified in a Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate as a limitation
        under this Section.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">For the avoidance of doubt, any amendment or waiver shall always be subject to the consent of the Company.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">35</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.04&#160;<u>Compliance with Trust Indenture Act</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Every amendment to this Indenture or the Securities of one or more Series shall be set forth in a supplemental indenture hereto that complies
        with the TIA as then in effect.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.05&#160;<u>Revocation and Effect of Consents</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Until an amendment or waiver becomes effective, a consent to it by a Holder of a Security is a continuing consent by the Holder and every
        subsequent Holder of a Security or portion of a Security that evidences the same debt as the consenting Holder&#8217;s Security, even if notation of the consent is not made on any Security. However, any such Holder or subsequent Holder may revoke the
        consent as to his Security or portion of a Security if the Trustee receives the notice of revocation before the date the amendment or waiver becomes effective.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any amendment or waiver once effective shall bind every Securityholder of each Series affected by such amendment or waiver unless it is of the
        type described in any of clauses (a)&#160;through (g) of Section&#160;9.03 in that case, the amendment or waiver shall bind each Holder of a Security who has consented to it and every subsequent Holder of a Security or portion of a Security that evidences
        the same debt as the consenting Holder&#8217;s Security.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.06&#160;<u>Notation on or Exchange of Securities</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If an amendment, supplement or waiver changes the terms of a Security, the Trustee may require the Holder of the Security to deliver it to the
        Trustee and the Trustee may place an appropriate notation on the Security about the changed terms and return it to the Holder. Alternatively, if the Company or the Trustee so determines, the Company shall issue and the Trustee shall authenticate
        upon request new Securities of that Series that reflect the changed terms.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.07&#160;<u>Trustee Protected</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In executing, or accepting the additional trusts created by, any supplemental indenture permitted by this Article or the modifications thereby
        of the trusts created by this Indenture, the Trustee shall be entitled to receive, and (subject to Section&#160;7.01) shall be fully protected in relying upon, an Opinion of Counsel or an Officer&#8217;s Certificate, or both stating that the execution of such
        supplemental indenture is authorized or permitted by this Indenture. The Trustee shall sign all supplemental indentures, except that the Trustee need not sign any supplemental indenture that adversely affects its rights, duties or indemnities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;9.08&#160;<u>Effect of Supplemental Indenture</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and each such
        supplemental indenture shall form part of this Indenture for all purposes with respect to the relevant Series; and every Holder of Securities of the relevant Series theretofore or thereafter authenticated and delivered hereunder shall be bound
        thereby.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">36</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE X</div>
    </div>
    <div>
      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">MISCELLANEOUS</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.01&#160;<u>Trust Indenture Act Controls</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">If any provision of this Indenture limits, qualifies, or conflicts with another provision which is required or deemed to be included in this
        Indenture by the TIA, such required or deemed provision shall control.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.02&#160;<u>Notices</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Any notice or communication by the Company, the Trustee, the Paying Agent or the Registrar to another is duly given if in writing and delivered
        in person or mailed by first-class mail:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Company:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Trustee:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">if to the Registrar or Paying Agent:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">with copy to:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 79.55pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">[ ]</div>
    </div>
    <div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Attn: [ ]</div>
      <div style="text-indent: 79.55pt; color: #000000; font-family: 'Times New Roman', serif;">Fax: [ ]</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company, the Trustee and each Agent by notice to each other may designate additional or different addresses for subsequent notices or
        communications.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Any notice or communication to a Securityholder shall be mailed by first-class mail to his address shown on the register kept by the Registrar.
        Failure to mail a notice or communication to a Securityholder of any Series or any defect in it shall not affect its sufficiency with respect to other Securityholders of that or any other Series.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If a notice or communication is mailed or published in the manner provided above, within the time prescribed, it is duly given, whether or not
        the Securityholder receives it.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">If the company mails a notice or communication to Securityholders, it will mail a copy to the Trustee and each Agent at the same time.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">37</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Whenever a notice is required to be given by the Company, such notice may be given by the Trustee or Registrar on the Company&#8217;s behalf (and the Company will make
        any notice it is required to give to Holders available on its website).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.03&#160;<u>Communication by Holders with Other Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Securityholders of any Series may communicate pursuant to TIA Section&#160;312(b) with other Securityholders of that Series or any other Series with
        respect to their rights under this Indenture or the Securities of that Series or all Series. The Company, the Trustee, the Registrar and anyone else shall have the protection of TIA Section&#160;312(c).</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.04&#160;<u>Certificate and Opinion as to Conditions Precedent</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Upon any request or application by the Company to the Trustee to take any action under this Indenture, the Company shall furnish to the Trustee:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;an Officers&#8217; Certificate stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture
        relating to the proposed action have been complied with; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;an Opinion of Counsel stating that, in the opinion of counsel, all such conditions precedent (including any covenants, compliance with which
        constitutes a condition precedent) have been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.05&#160;<u>Statements Required in Certificate or Opinion</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than a certificate
        provided pursuant to TIA Section&#160;314(a)(4)) shall comply with the provisions of TIA Section&#160;314(e) and shall include:</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(a)&#160;a statement that the person making such certificate or opinion has read such covenant or condition;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(b)&#160;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;</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(c)&#160;a statement that, in the opinion of such person, he has made such examination or investigation as is necessary to enable him to express an
        informed opinion as to whether or not such covenant or condition has been complied with; and</div>
      <div style="text-indent: 55.1pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">(d)&#160;a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;"><font style="font-style: italic;">provided, however</font>, that with respect to matters of fact an Opinion of Counsel may rely on an Officers&#8217;
        Certificate or certificates of public officials.</div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.06&#160;<u>Record Date for Vote or Consent of Holders</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company (or, in the event deposits have been made pursuant to Section&#160;11.02, the Trustee) may set a record date for purposes of determining
        the identity of Holders entitled to vote or consent to any action by vote or consent authorized or permitted under this Indenture, which record date shall not be more</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">38</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif;">than [ ] days prior to the date of the commencement of solicitation of such action. Notwithstanding the provisions of Section&#160;9.05, if a record date is fixed, those persons who were
        Holders of Securities at the close of business on such record date (or their duly designated proxies), and only those persons, shall be entitled to take such action by vote or consent or to revoke any vote or consent previously given, whether or
        not such persons continue to be Holders after such record date.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.07&#160;<u>Rules by Trustee and Agents</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Trustee may make reasonable rules for action by or a meeting of Securityholders of one or more Series. Any Agent may make reasonable rules
        and set reasonable requirements for its functions.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.08&#160;<u>Legal Holidays</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise provided by Board Resolution, Officers&#8217; Certificate or supplemental indenture for a particular Series, a &#8220;Legal Holiday&#8221; is any
        day that is not a Business Day. If a payment date is a Legal Holiday at a place of payment, payment may be made at that place on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.09&#160;<u>No Recourse Against Others</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">A director, officer, employee or stockholder, as such, of the Company shall not have any liability for any obligations of the Company under the
        Securities or the Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. Each Securityholder by accepting a Security waives and releases all such liability. The waiver and release are part of the
        consideration for the issue of the Securities.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.10&#160;<u>Counterparts</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed
        shall be deemed to be an original and all of which taken together shall constitute one and the same agreement.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.11&#160;<u>Governing Laws and Submission to Jurisdiction</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK EXCLUDING ANY RULE OF LAW THAT WOULD CAUSE THE
        APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF NEW YORK.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The Company agrees that any legal suit, action or proceeding arising out of or based upon this Indenture may be instituted in any federal or
        state court sitting in New York City, and, to the fullest extent permitted by law, waives any objection which it may now or hereafter have to the laying of venue of any such proceeding, and irrevocably submits to the&#160;non-exclusive&#160;jurisdiction of
        such court in any suit, action or proceeding. The Company, as long as any Securities remain outstanding or the parties hereto have any obligation under this Indenture, shall have an authorized agent in the United States upon whom process may be
        served in any such legal action or proceeding. Service of process upon such agent and written notice of such service mailed or delivered to it shall to the extent permitted by law be deemed in every respect effective service of process upon it in
        any such legal action or proceeding and, if it fails to maintain such agent, any such process or summons may be served by mailing a copy thereof by registered mail, or a form of mail substantially equivalent thereto, addressed to it at its address
        as provided for notices hereunder. The Company hereby appoints Seward&#160;&amp; Kissel LLP, One Battery Park Plaza, New York, NY, 10004, as its agent for such purposes, and covenants and agrees that service of process in any legal action or proceeding
        may be made upon it at such office of such agent.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" class="BRPFPageNumber">39</font></div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.12&#160;<u>No Adverse Interpretation of Other Agreements</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">This Indenture may not be used to interpret another indenture, loan or debt agreement of the Company or a Subsidiary. Any such indenture, loan
        or debt agreement may not be used to interpret this Indenture.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.13&#160;<u>Successors</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">All agreements of the Company in this Indenture and the Securities shall bind its successor. All agreements of the Trustee in this Indenture
        shall bind its successor.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.14&#160;<u>Severability</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In case any provision in this Indenture or in the Securities 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.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.15&#160;<u>Table of Contents, Headings, Etc.</u></div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Table of Contents, Cross Reference Table, and headings of the Articles and Sections of this Indenture have been inserted for convenience of
        reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.16&#160;<u>Securities in a Foreign Currency or in ECU</u>.</div>
    </div>
    <div>
      <div><br>
      </div>
      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Unless otherwise specified in a Board Resolution, a supplemental indenture hereto or an Officers&#8217; Certificate delivered pursuant to Section&#160;2.02
        of this Indenture with respect to a particular Series of Securities, whenever for purposes of this Indenture any action may be taken by the Holders of a specified percentage in aggregate principal amount of Securities of all Series or all Series
        affected by a particular action at the time outstanding and, at such time, there are outstanding Securities of any Series which are denominated in a coin or currency other than Dollars (including ECUs), then the principal amount of Securities of
        such Series which shall be deemed to be outstanding for the purpose of taking such action shall be that amount of Dollars that could be obtained for such amount at the Market Exchange Rate at such time. For purposes of this Section&#160;10.16, &#8220;Market
        Exchange Rate&#8221; shall mean the noon Dollar buying rate in New York City for cable transfers of that currency as published by the Federal Reserve Bank of New York; provided, however, in the case of ECUs, Market Exchange Rate shall mean the rate of
        exchange determined by the Commission of the European Union (or any successor thereto) as published in the Official Journal of the European Union (such publication or any successor publication, the &#8220;Journal&#8221;). If such Market Exchange Rate is not
        available for any reason with respect to such currency, the Trustee shall use, without liability on its part, such quotation of the Federal Reserve Bank of New York or, in the case of ECUs, the rate of exchange as published in the Journal, as of
        the most recent available date, or quotations or, in the case of ECUs, rates of exchange from one or more major banks in The City of New York or in the country of issue of the currency in question or, in the case of ECUs, in Luxembourg or such
        other quotations or, in the case of ECUs, rates of exchange as the Trustee, upon consultation with the Company, shall deem appropriate. The provisions of this paragraph shall apply in determining the equivalent principal amount in respect of
        Securities of a Series denominated in currency other than Dollars in connection with any action taken by Holders of Securities pursuant to the terms of this Indenture.</div>
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      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
    </div>
    <div>
      <div style="text-align: center; color: #000000; font-family: 'Times New Roman', serif;"><br>
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    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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        <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="margin-bottom: 8pt;"><br>
    </div>
    <div>
      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">All decisions and determinations of the Trustee regarding the Market Exchange Rate or any alternative determination provided for in the preceding paragraph shall
        be in its sole discretion and shall, in the absence of manifest error, be conclusive to the extent permitted by law for all purposes and irrevocably binding upon the Company and all Holders.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.17&#160;<u>Judgment Currency</u>.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company agrees, to the fullest extent that it may effectively do so under applicable law, that (a)&#160;if for the purpose of obtaining judgment
        in any court it is necessary to convert the sum due in respect of the principal of or interest or other amount on the Securities of any Series (the &#8220;Required Currency&#8221;) into a currency in which a judgment will be rendered (the &#8220;Judgment Currency&#8221;),
        the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the Judgment Currency on the day on which final unappealable judgment is
        entered, unless such day is not a New York Banking Day, then, the rate of exchange used shall be the rate at which in accordance with normal banking procedures the Trustee could purchase in The City of New York the Required Currency with the
        Judgment Currency on the New York Banking Day preceding the day on which final unappealable judgment is entered and (b)&#160;its obligations under this Indenture to make payments in the Required Currency (i)&#160;shall not be discharged or satisfied by any
        tender, any recovery pursuant to any judgment (whether or not entered in accordance with subsection (a)), in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual receipt, by the
        payee, of the full amount of the Required Currency expressed to be payable in respect of such payments, (ii)&#160;shall be enforceable as an alternative or additional cause of action for the purpose of recovering in the Required Currency the amount, if
        any, by which such actual receipt shall fall short of the full amount of the Required Currency so expressed to be payable, and (iii)&#160;shall not be affected by judgment being obtained for any other sum due under this Indenture. For purposes of the
        foregoing, &#8220;New York Banking Day&#8221; means any day except a Saturday, Sunday or a legal holiday in The City of New York on which banking institutions are authorized or required by law, regulation or executive order to close.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;10.18&#160;<u>Compliance with Applicable Anti-Terrorism and Money Laundering Regulations</u>.</div>
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      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions,
        including those relating to the funding of terrorist activities and money laundering (&#8220;Applicable Law&#8221;), the Trustee is required to obtain, verify and record certain information relating to individuals and entities which maintain a business
        relationship with the Trustee. Accordingly, each of the parties agree to provide to the Trustee, upon its request from time to time such identifying information and documentation as may be available for such party in order to enable the Trustee to
        comply with the Applicable Law.</div>
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    <div>
      <div><br>
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      <div style="text-align: center; margin-top: 24pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">ARTICLE XI</div>
    </div>
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      <div style="text-align: center; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SINKING FUNDS</div>
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    <div>
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      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.01&#160;<u>Applicability of Article</u>.</div>
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      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The provisions of this Article shall be applicable to any sinking fund for the retirement of the Securities of a Series, except as otherwise
        permitted or required by any form of Security of such Series issued pursuant to this Indenture.</div>
    </div>
    <div>
      <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 8pt;">&#160;</div>
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    <div>
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    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">The minimum amount of any sinking fund payment provided for by the terms of the Securities of any Series is herein referred to as a &#8220;mandatory sinking fund
        payment&#8221; and any other amount provided for by the terms of Securities of such Series is herein referred to as an &#8220;optional sinking fund payment.&#8221; If provided for by the terms of Securities of any Series, the cash amount of any sinking fund payment
        may be subject to reduction as provided in Section&#160;11.02. Each sinking fund payment shall be applied to the redemption of Securities of any Series as provided for by the terms of the securities of such Series.</div>
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      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.02&#160;<u>Satisfaction of Sinking Fund Payments with Securities</u>.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">The Company may, in satisfaction of all or any part of any sinking fund payment with respect to the Securities of any Series to be made pursuant
        to the terms of such Securities (1)&#160;deliver outstanding Securities of such Series to which such sinking fund payment is applicable (other than any of such Securities previously called for mandatory sinking fund redemption) and (2)&#160;apply as credit
        Securities of such Series to which such sinking fund payment is applicable and which have been redeemed either at the election of the Company pursuant to the terms of such Series of Securities (except pursuant to any mandatory sinking fund) or
        through the application of permitted optional sinking fund payments or other optional redemptions pursuant to the terms of such Securities, provided that such Securities have not been previously so credited. Such Securities shall be received by the
        Registrar, together with an Officers&#8217; Certificate with respect thereto, not later than [ ] days prior to the date on which the Registrar begins the process of selecting Securities for redemption, and shall be credited for such purpose by the
        Registrar at the price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly. If as a result of the delivery or credit of Securities in lieu of
        cash payments pursuant to this Section&#160;11.02, the principal amount of Securities of such Series to be redeemed in order to exhaust the aforesaid cash payment shall be less than $[ ], the Registrar need not call Securities of such Series for
        redemption, except upon receipt of a Company Order that such action be taken, and such cash payment shall be held by the Paying Agent and applied to the next succeeding sinking fund payment, provided, however, that the Paying Agent shall from time
        to time upon receipt of a Company Order pay over and deliver to the Company any cash payment so being held by the Paying Agent upon delivery by the Company to the Registrar of Securities of that Series purchased by the Company having an unpaid
        principal amount equal to the cash payment required to be released to the Company.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 12pt; color: #000000; font-family: 'Times New Roman', serif;">Section&#160;11.03&#160;<u>Redemption of Securities for Sinking Fund</u>.</div>
    </div>
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      <div style="text-indent: 24.5pt; margin-top: 6pt; color: #000000; font-family: 'Times New Roman', serif;">Not less than [ ] days (unless otherwise indicated in the Board Resolution, supplemental indenture hereto or Officers&#8217; Certificate in respect of
        a particular Series of Securities) prior to each sinking fund payment date for any Series of Securities, the Company will deliver to the Trustee and the Paying Agent an Officers&#8217; Certificate specifying the amount of the next ensuing mandatory
        sinking fund payment for that Series pursuant to the terms of that Series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting of Securities
        of that Series pursuant to Section&#160;11.02., and the optional amount, if any, to be added in cash to the next ensuing mandatory sinking fund payment, and the Company shall thereupon be obligated to pay the amount therein specified. Not less than [ ]
        days (unless otherwise indicated in the Board Resolution, Officers&#8217; Certificate or supplemental indenture in respect of a particular Series of Securities) before each such sinking fund payment date the Trustee shall select the Securities to be
        redeemed upon such sinking fund payment date in the manner specified in Section&#160;3.02 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section&#160;3.03. Such notice having
        been duly given, the redemption of such Securities shall stated in Sections 3.04, 3.05 and 3.06.</div>
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      <div style="text-indent: 24.5pt; color: #000000; font-family: 'Times New Roman', serif;">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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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">[ ]</div>
            <div style="font-family: 'Times New Roman', serif;">as Trustee</div>
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          <td style="width: 3.08%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">Name:</div>
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          <td style="width: 60%; vertical-align: top;">&#160;</td>
          <td style="width: 3.08%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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          <td style="width: 3.08%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">Name:</div>
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          <td style="width: 60%; vertical-align: top;">&#160;</td>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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            <div style="font-family: 'Times New Roman', serif;">&#160;</div>
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  <div style="text-align: right;"><font style="font-size: 11pt; font-weight: bold;">Exhibit 5.1</font><br>
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            <div>&#160;</div>
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">17 March 2026</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">SFL Corporation Ltd.</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">Par-la-Ville Place</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">14 Par-la-Ville Road</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">Hamilton HM 08</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">Bermuda</div>
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    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-size: 11pt;">Dear Sirs,</div>
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    <div style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;"><u>SFL Corporation Ltd.</u></div>
    <div style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;"><u>Registration Statement on Form F-3</u></div>
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    <div style="text-align: justify;"><font style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">1.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Subject of Opinion</font></div>
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    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">We are lawyers duly qualified to practise in Bermuda.&#160; This opinion as to the laws of Bermuda is addressed to you in connection with the
      preparation and filing with the Securities and Exchange Commission (the &#8220;<font style="font-weight: bold;">Commission</font>&#8221;) of a registration statement on Form F-3 (such registration statement as amended and supplemented from time to time),
      including the exhibits thereto (the &#8220;<font style="font-weight: bold;">Registration Statement</font>&#8221;), under the Securities Act of 1933, as amended (the &#8220;<font style="font-weight: bold;">Act</font>&#8221;) and the rules and regulations promulgated
      thereunder, in respect of SFL Corporation Ltd., a company incorporated under the laws of Bermuda (the &#8220;<font style="font-weight: bold;">Company</font>&#8221;). The Registration Statement relates to the registration and offering by the Company in one or
      more public offerings of an indeterminate number of (i) the Company&#8217;s securities, which may include the Company&#8217;s common shares of par value US$0.01 each (&#8220;<font style="font-weight: bold;">Common Shares</font>&#8221;), the Company&#8217;s preferred shares (&#8220;<font style="font-weight: bold;">Preferred Shares</font>&#8221;), warrants to purchase the Company&#8217;s securities (&#8220;<font style="font-weight: bold;">Warrants</font>&#8221;), the Company&#8217;s debt securities (&#8220;<font style="font-weight: bold;">Debt Securities</font>&#8221;),
      purchase contracts to purchase the Company&#8217;s securities (&#8220;<font style="font-weight: bold;">Purchase Contracts</font>&#8221;), rights to purchase the Company&#8217;s securities (the &#8220;<font style="font-weight: bold;">Rights</font>&#8221;) and units comprised of any of
      the foregoing securities (&#8220;<font style="font-weight: bold;">Units</font>&#8221; and, together with the Common Shares, Preferred Shares, Warrants, Debt Securities, Purchase Contracts and Rights, the &#8220;<font style="font-weight: bold;">Securities</font>&#8221;).</div>
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    <div style="text-align: justify;"><font style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold; color: #000000;">2.</font><font class="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold; color: #000000;">Documents Examined</font></div>
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    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">For the purposes of this opinion we have examined and relied upon the following (collectively, the &#8220;<font style="font-weight: bold;">Documents</font>&#8221;):</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.1.</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">a copy of the draft Registration Statement and the form of prospectus included therein (the &#8220;<font style="font-weight: bold;">Prospectus</font>&#8221;);</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.2.</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the form of indenture to be entered into by the Company (filed as Exhibit 4.7 to the Registration Statement) (the &#8220;<font style="font-weight: bold;">Senior Indenture</font>&#8221;);</div>
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      <table cellspacing="0" cellpadding="0" id="z0f68e6348b454fa898eea0be785ddf22" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.3.</td>
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              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the form of subordinated indenture to be entered into by the Company (filed as Exhibit 4.8 to the Registration Statement) (the &#8220;<font style="font-weight: bold;">Subordinated
                  Indenture</font>&#8221; and, collectively with the Senior Indenture, the &#8220;<font style="font-weight: bold;">Indentures</font>&#8221;);<br>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.4.</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">a copy of the following documents for the Company, as certified by the Secretary thereof on 16 March 2026:</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(a)</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Certificate of Incorporation and Certificate of Incorporation on Change of Name;</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(b)</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Memorandum of Association;</div>
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            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(c)</td>
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              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Bye-laws;<br>
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      <table cellspacing="0" cellpadding="0" id="z270d88b58cca45fca9f44d2e2116ce32" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(d)</td>
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              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Resolutions passed by the Board of Directors of the Company on 16 March 2026 (the &#8220;<font style="font-weight: bold;">Resolutions</font>&#8221;);<br>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(e)</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Tax Assurance;</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(f)</td>
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            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Register of Directors and Officers; and</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">(g)</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">Register of Members.</div>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.5.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">a Certificate of Compliance issued by the Bermuda Registrar of Companies (&#8220;<font style="font-weight: bold;">ROC</font>&#8221;) in respect of the Company dated 16 March 2026; and</div>
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    <table cellspacing="0" cellpadding="0" id="z039dcf3019a2493dba20fed2bf29f368" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">2.6.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">such other documents as we have deemed necessary in order to render this opinion.</div>
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    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">A reference to a document does not include any other instrument or agreement whether or not specifically referred to therein or attached as an
      exhibit or schedule thereto. Except as stated in this paragraph 2, we have not examined any contract, instrument or other document entered into by, or affecting, the Company or any corporate records of the Company and have not made any other
      enquiries concerning the Company.</div>
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    <table cellspacing="0" cellpadding="0" id="z46a514efd0194846ae45912ea214ebcc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Searches</div>
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    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">We have also relied upon our search of the documents of public record relating to the Company maintained and provided by the ROC on 13 March
      2026 and on our search of the Cause Book maintained by the Registrar of the Supreme Court of Bermuda, on 13 March 2026 (the &#8220;<font style="font-weight: bold;">Searches</font>&#8221;).</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z3aee1acafd44496c97fd6cb184dc42e2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">4.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Opinion Limited to Bermuda Law</div>
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    <div style="text-align: justify; margin-left: 36pt;"><font style="font-family: 'Times New Roman', serif; font-size: 11pt; color: #000000;">We have made no investigation of the laws of any jurisdiction other than Bermuda and this opinion is given only
        with respect to Bermuda law as applied by the courts of Bermuda at the date thereof and is governed by, and should be construed in accordance with, those laws. This opinion is limited to the matters stated herein and does not extend to, and is not
        intended to be extended by implication to, any other matters. We give this opinion on the basis that it will not give rise to any legal proceedings with respect thereto in any jurisdiction other than Bermuda.<br>
      </font><br>
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          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">5.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Assumptions</div>
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    <div style="text-align: justify; margin-left: 36pt; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">In giving this opinion we have assumed:</div>
    <div><br>
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          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the authenticity, accuracy and completeness of all Documents (including, without limitation, public records) submitted to us as originals and the conformity to authentic
              original documents of all Documents submitted to us as certified, conformed, notarised or photo static copies;</div>
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    <table cellspacing="0" cellpadding="0" id="zba5da2d5fca541d3b2a5e6982ee6fec3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the genuineness of all seals, signatures and markings on the Documents<font style="color: #000000;">;</font></div>
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    <table cellspacing="0" cellpadding="0" id="zb9be302423cc49dc98d10c35cdd3b426" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the authority, capacity and power of each of the persons signing the Documents (other than the Company)<font style="color: #000000;">;</font></div>
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    <div style="text-align: justify; margin-top: 2.4pt; margin-bottom: 2.4pt;">
      <table cellspacing="0" cellpadding="0" id="zced57bd3d9294152b5eaab937383bdb2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.4.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;"><font style="color: #000000;">that any representation, warranty or statement of fact or law, other than the laws of Bermuda, made in any of the Documents, is true, accurate
                  and complete;</font><br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <div style="text-align: justify; margin-top: 2.4pt; margin-bottom: 2.4pt;">
      <table cellspacing="0" cellpadding="0" id="zba5aaf63daf546b5a0e70379f4806693" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.5.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">that each of the Documents which was received by electronic means is complete, intact and in conformity with the transmission as sent;<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="za011c8ebf63a484c8062487a2c79da1d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.6.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">that there are no provisions of the laws or regulations of any jurisdiction other than Bermuda which would have any implication in relation to the opinions
              expressed herein;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z11e5399997234e28bcb1bee6d5d7b646" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.7.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">that there are no provisions of the laws or regulations of any jurisdiction other than Bermuda which would be contravened by any actions taken by the Company
              in connection with the Registration Statement or which would have any implication in relation to the opinion expressed herein and that, in so far as any obligation under, or action to be taken under, the Registration Statement is required to
              be performed or taken in any jurisdiction outside Bermuda, the performance of such obligation or the taking of such action will constitute a valid and binding obligation of each of the parties thereto under the laws of that jurisdiction and
              will not be illegal by virtue of the laws of that jurisdiction;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z807acd1f1084489095237f7ac2702616" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.8.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">that the information disclosed by the Search has not been materially altered and that the Search did not fail to disclose any material information which had been delivered for
              filing or registration, but was not disclosed or did not appear on the public files at the time of the Search<font style="color: #000000;">;</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z50ef60dee08d46ec99acf1932832cbf8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.9.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">that no litigation, administrative or other proceeding of or before any governmental authority of Bermuda is pending against or affecting the Company;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z213b86ad09f245c69c436a8e8177e2e8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.10.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">that the Company has not passed a voluntary winding-up resolution and that no petition has been presented to or order made by a court for the winding-up or dissolution of the
              Company;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zdce689ba475441259a9ec134255fd1ad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.11.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the Registration Statement, when filed with the Commission, and the Indentures, when executed and delivered, will not differ in any material way from the drafts thereof which
              we have examined for the purposes of this opinion;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb8d099a6c00a46b893830f95afdfcfff" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.12.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">there will be no amendment or addendum to or repeal of the Resolutions before the Securities are issued;</div>
          </td>
        </tr>

    </table>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" 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;" class="BRPFPageNumberArea"><font style="font-size: 11pt; font-weight: normal; font-style: normal;" class="BRPFPageNumber">Page 4</font></div>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="z8eea6df576794602800e8cd096baea8a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.13.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the definitive terms of the Securities, other than Common Shares, to be offered pursuant to the Registration Statement will have been established in accordance with the
                Resolutions and applicable law;<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="z4ad866116d7a4b8fb8a23db5098579dc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.14.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">any Securities issuable upon conversion, exchange or exercise of any Security to be offered, will be duly authorised, created and, if appropriate, reserved for issuance upon
                such conversion, exchange or exercise;<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z411ceac4ddce4341aabcc74ffbb0e899" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.15.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">any Securities consisting of Common Shares or Preferred Shares, including Common Shares or Preferred Shares issuable upon conversion, exchange or exercise of any Security to
              be offered, or issued as part of a Unit, will be duly authorised and issued, and the certificates evidencing the same will be duly executed and delivered, against receipt of the consideration approved by the Company which will be no less than
              the par value, if any, thereof;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="z9d4d9623277647ceb83cab7d6c6f9b25" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.16.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">that all necessary corporate action will be taken to authorise and approve any issuance of Securities (including, if Preferred Shares are to be issued, all
                necessary corporate action will be taken by the shareholders of the Company to divide the Company&#8217;s shares into a class of Preferred Shares and all necessary corporate action will be taken by the shareholders or the Board of Directors of
                the Company to establish one or more series of Preferred Shares and fix the designation, powers, preferences, rights, qualifications, limitations and restrictions thereof);<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z453fac5d1a4b4f91b0fe2bd264b5e79f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.17.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the Registration Statement and the Prospectus, and any amendments thereto, will have become effective;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z617ac523ac53460e87c5afd88a41b2ea" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.18.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">one or more prospectus supplements will have been filed with the Commission describing the Securities to be offered thereby;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z9084ade313364388b5cc85c5a8b30b8c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">5.19.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">all Securities will be issued in compliance with all matters of, and the validity and enforceability thereof under, applicable U.S. federal and state securities laws and other
              laws (other than the laws of Bermuda, in respect of which we are opining);</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z16b809a44b0744289c507ef2b1b4eddb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.20.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any Debt Securities, that (i) with respect to any Senior Debt Securities, the Senior Indenture will have been duly executed and
              delivered by the Company and the trustee named therein, (ii) with respect to any Subordinated Debt Securities, the Subordinated Indenture will have been duly executed and delivered by the Company and the trustee named therein;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zda65f595ce3c4564b1023407392b28dd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.21.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to all Debt Securities, when issued, will be executed, authenticated, issued and delivered (a) against receipt of the consideration therefor approved by the
              Company and (b) as provided in the indenture with respect thereto;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z8eaf0d9781a8495da67ede8e3ce8f3ef" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.22.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any series of Preferred Shares, that an appropriate certificate of designations, or similar instrument setting forth the preferential,
              qualified or special rights, privileges or conditions with respect to such series of Preferred Shares will have been duly and validly authorised and adopted by the Company;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 6pt;"><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" 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;" class="BRPFPageNumberArea"><font style="font-size: 11pt; font-weight: normal; font-style: normal;" class="BRPFPageNumber">Page 5</font></div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z787447c695f343b99999b467d7f9d8a0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.23.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any Warrants, that (i) a warrant agreement with respect to such Warrants will have been executed and delivered by the Company and the
              warrant agent, (ii) the Warrants will have been duly executed and delivered by the Company and duly executed by any warrant agent appointed by the Company, and (iii) the Warrants will have been issued and delivered by the Company against
              receipt of the consideration therefor approved by the Company;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z264da74d8b7543529b94673af5f989ad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.24.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any Purchase Contracts, that (i) a purchase agreement with respect to such Purchase Contracts will have been executed and delivered by
              the parties thereto, and (ii) the Purchase Contracts will have been duly executed and delivered in accordance with the purchase agreement upon payment of the consideration therefor provided for therein;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z20ed555d24514c0497663677e49a2d34" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.25.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any Units, that (i) a purchase agreement with respect to such Units will have been executed and delivered by the parties thereto, and
              (ii) the Units, if in certificated form, will have been duly executed and delivered in accordance with the purchase agreement upon payment of the consideration therefor provided for therein; and</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z7610e50f1c454960b9543f089118edeb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000; margin-bottom: 12pt;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">5.26.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">with respect to the issuance and sale of any Rights, that (i) a purchase agreement with respect to such Rights will have been executed and delivered by the parties thereto,
              and (ii) the Rights, if in certificated form, will have been duly executed and delivered in accordance with the purchase agreement upon payment of the consideration therefor provided for therein.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z114fa8ae0ff44513811fd4685668b589" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">6.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Opinion</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">Based upon and subject to the foregoing and subject to the reservations set out below and to any matters not disclosed to us, we are of the
      opinion that:</div>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="zc06780ee454c4a4ab386e82fa8b1d210" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">6.1</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">the Company is duly incorporated for an indefinite period as an exempted limited company, and is validly existing and in &#8216;good standing&#8217; under the laws of Bermuda;<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z1c27e87d6a2942aaade7d4db777dd6b6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">6.2</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;"><font style="color: #000000;">the </font>Common Shares and the Preferred Shares have been duly authorised and any Securities consisting of Common Shares or Preferred Shares,
              including any Common Shares or Preferred Shares issuable on conversion, exercise or exchange of other Securities, or issued as part of a Unit<font style="color: #000000;">, when issued, sold and paid for as contemplated in conformity with the
                Resolutions and the Prospectus or any prospectus supplement, will be validly issued, fully paid and non-assessable</font>;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z89b0f00d1c22477b9cccf3a3ddea17e8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">6.3</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">any Securities consisting of Debt Securities, Warrants, Purchase Contracts, Units or Rights have been duly authorised and will constitute legal, valid and binding obligations
              of the Company and will be, in the case of Debt Securities, entitled to benefits provided by the applicable Indenture; and</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z3b12b87355544835ab2d42f1ff37df5e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">6.4</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">so far as can be ascertained from the Searches, the Company is not engaged in or threatened with any action, suit, or proceeding before any court in Bermuda.</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div class="BRPFPageBreak" 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;" class="BRPFPageNumberArea"><font style="font-size: 11pt; font-weight: normal; font-style: normal;" class="BRPFPageNumber">Page 6</font></div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb73310414182406a83cbfe6c59595523" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">7.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Reservations</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">We have the following reservations:</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb3e0b0d0ba804faf8fd57fdbc8a3e962" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt;"><br>
          </td>
          <td style="width: 36pt; vertical-align: top; font-family: 'Times New Roman', serif; font-size: 11pt;">7.1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: 'Times New Roman', serif; font-size: 11pt;">we have relied upon a remote search of public records on file at the offices of the ROC, but we note that the records disclosed by this search may not be complete or up to
              date;</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="zdd54c5b6df86466e88b00141970fbc8c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">7.2.</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">any reference in this opinion to securities being &#8220;non-assessable&#8221; means, in relation to fully-paid securities of the Company and subject to any contrary
                provision in any agreement in writing between the Company and the holder of securities, that: no security holder shall be obliged to contribute further amounts to the capital of the Company, either in order to complete payment for their
                securities, to satisfy claims of creditors of the Company, or otherwise; and no security holder shall be bound by an alteration of the Memorandum of Association or Bye-Laws of the Company after the date on which he became a security holder,
                if and so far as the alteration requires him to take, or subscribe for additional securities, or in any way increases his liability to contribute to the share capital of, or otherwise to pay money to, the Company;<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <div style="text-align: justify;">
      <table cellspacing="0" cellpadding="0" id="z207874a9085241678e263dfdfcf2bab1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 36pt;"><br>
            </td>
            <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">7.3</td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">any reference in this opinion to the Company being &#8220;in good standing&#8221; means having paid all fees and taxes and having made all filings required by the laws
                of Bermuda in order to maintain the valid existence of the Company pursuant to such laws.<br>
              </div>
            </td>
          </tr>

      </table>
      <br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="z104cd054e1c3405895deb24727ff0fad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 36pt; vertical-align: top; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">8.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt; font-weight: bold;">Disclosure</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">This opinion is addressed to the Company and, save as referred to herein, is neither to be transmitted to any other person, nor
      relied upon by any other person or for any other purpose, nor quoted, nor referred to in any public document, nor filed with any governmental agency or person without our prior written consent, except as may be required by law.</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt; font-family: 'Times New Roman', serif; font-size: 11pt;">We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the references to our firm, under the
      captions &#8220;Legal Matters&#8221; in the prospectus attached thereto, without admitting that we are &#8220;experts&#8221;, within the meaning of the Act or the rules and regulations of the Commission thereunder, with respect to any part of the Registration Statement.&#160; In
      giving such consent, we do not hereby admit that we are in the category of persons whose consent is required under section 7 of the Act.</div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-left: 36pt; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">This opinion speaks as of its date and is strictly limited to the matters stated in it and we assume no obligation to review or
      update this opinion if applicable law or the existing facts or circumstances should change.</div>
    <div><br>
    </div>
    <div style="text-align: justify; color: #000000; font-family: 'Times New Roman', serif; font-size: 11pt;">Yours faithfully,</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
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          <tr>
            <td style="width: 50%; border-bottom: 2px solid rgb(0, 0, 0);">/s/ MJM LIMITED<br>
            </td>
            <td style="width: 50%; padding-bottom: 2px;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; font-weight: bold;">MJM&#160; LIMITED</td>
            <td style="width: 50.00%;">
              <div>&#160;</div>
            </td>
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            <td style="width: 50.00%;">
              <div>&#160;</div>
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<DOCUMENT>
<TYPE>EX-5.2
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<FILENAME>d12120473_ex5-2.htm
<TEXT>
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    <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 5.2</font><br>
    </div>
    <div><br>
    </div>
    <div>
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              <div style="text-align: center; font-family: 'Times New Roman Bold', serif; font-size: 20pt; font-variant: small-caps;">Seward &amp; Kissel llp</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif;">ONE BATTERY PARK PLAZA</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif;">NEW YORK, NEW YORK&#160; 10004</div>
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            <td style="width: 25.6%; vertical-align: top;">&#160;</td>
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            <td style="width: 25.59%; vertical-align: top;">&#160;</td>
            <td style="width: 48.8%; vertical-align: top;">&#160;</td>
            <td style="width: 25.6%; vertical-align: top;">&#160;</td>
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            <td style="width: 25.59%; vertical-align: top;">&#160;</td>
            <td style="width: 48.8%; vertical-align: top;">
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">TELEPHONE:&#160; (212)&#160; 574-1200</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">FACSIMILE:&#160; (212) 480-8421</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">WWW.SEWKIS.COM</div>
            </td>
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              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">901 K STREET, N.W.</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">WASHINGTON, D.C. 20001</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">TELEPHONE:&#160; (202) 737-8833</div>
              <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">FACSIMILE:&#160; (202) 737-5184</div>
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    <div>
      <div style="text-indent: 36pt; margin-left: 288pt; margin-bottom: 12pt; font-family: 'Times New Roman',serif; text-align: right;">March 17, 2026</div>
      <div style="margin-top: 12pt; font-family: 'Times New Roman', serif;">SFL Corporation Ltd.</div>
      <div style="font-family: 'Times New Roman', serif;">Par-la-Ville Place</div>
      <div style="font-family: 'Times New Roman', serif;">14 Par-la-Ville Road</div>
      <div style="font-family: 'Times New Roman', serif;">Hamilton HM 08</div>
      <div style="font-family: 'Times New Roman', serif;">Bermuda</div>
      <div><br>
      </div>
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            <td style="width: 4%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">Re:</div>
            </td>
            <td style="width: 91%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">SFL Corporation Ltd.</div>
            </td>
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      </table>
      <div style="text-align: justify; margin-top: 12pt; font-family: 'Times New Roman', serif;">Ladies and Gentlemen:</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">We have acted as special U.S. counsel to SFL Corporation Ltd., a company incorporated under the laws of the Islands of Bermuda (the
        &#8220;Company&#8221;), in connection with the Company&#8217;s registration statement on Form F-3, as filed with the U.S. Securities and Exchange Commission (the &#8220;Commission&#8221;), as thereafter amended or supplemented (the &#8220;Registration Statement&#8221;), relating to the
        registration under the U.S. Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), and offering by the Company in one or more public offerings (the &#8220;Offering&#8221;) of an indeterminate number of the Company&#8217;s securities, which may include the
        Company&#8217;s common shares, par value $0.01 per share, (the &#8220;Common Shares&#8221;), preferred shares (the &#8220;Preferred Shares&#8221;), debt securities (the &#8220;Debt Securities&#8221;), warrants to purchase the Company&#8217;s securities (the &#8220;Warrants&#8221;), rights to purchase the
        Company&#8217;s securities (the &#8220;Rights&#8221;), purchase contracts to purchase the Company&#8217;s securities (the &#8220;Purchase Contracts&#8221;), and units comprised of any of the foregoing securities (the &#8220;Units&#8221; and together with the Common Shares, Preferred Shares, Debt
        Securities, Warrants, Rights and Purchase Contracts, the &#8220;Securities&#8221;).</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">We have examined originals or copies, certified or otherwise identified to our satisfaction, of: (i) the Registration Statement; (ii) the
        prospectus of the Company included in the Registration Statement (the &#8220;Prospectus&#8221;), (iii) the form of senior debt securities indenture; (iv) the form of subordinated debt securities indenture, and (v) such corporate documents and records of the
        Company and such other instruments, certificates and documents as we have deemed necessary or appropriate as a basis for the opinions hereinafter expressed. In such examinations, we have assumed the authenticity of all documents submitted to us as
        originals, the conformity to original documents of all documents submitted to us as copies or drafts of documents to be executed, the genuineness of all signatures and the legal competence or capacity of persons or entities to complete the
        execution of documents. As to various questions of fact that are material to the opinions hereinafter expressed, we have relied upon statements or certificates of public officials, directors and officers of the Company and others.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">We have further assumed for the purposes of this opinion, without investigation, that (i) all documents contemplated by the Prospectus and
        any related supplement thereto to be executed in connection with the Offering will have been duly authorized, executed and delivered by each of the parties thereto, (ii) the terms of the Offering will comply in all respects with the terms,
        conditions and restrictions set forth in the Prospectus and any related supplement thereto and all of the instruments, agreements and other documents relating thereto or executed in connection therewith, (iii) that the board of directors of the
        Company will have taken all actions necessary to authorize the issuance and sale of the Securities, and (iv) that the specific terms of the Securities to be established subsequent to the date hereof will have been determined in accordance with all
        board resolutions or other authorization requirements, will comply with all applicable laws, and will not conflict with any instrument or agreement binding on the Company or any restriction imposed by any court or governmental body having
        jurisdiction over the Company.</div>
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      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">Based upon and subject to the foregoing, and having regard to such other legal considerations which we deem relevant, we are of the
        opinion that:</div>
      <div style="text-align: justify; text-indent: -11.5pt; margin-left: 72pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">1. With respect to the Warrants, Rights and Purchase Contracts (together, the &#8220;<u>Subscription Securities</u>&#8221;), when
        (i) the Company has taken all necessary action to approve the issuance and terms of such Subscription Securities, the terms of the offering and related matters, (ii) such Subscription Securities shall have been duly authorized and executed by the
        parties thereto other than the Company and shall be a valid and binding obligation of such parties, enforceable against such parties in accordance with its terms and shall purport to be governed by the laws of the State of New York, and (iii) the
        Subscription Securities have been issued, executed and delivered in accordance with the terms of the applicable warrant agreement, purchase contract, rights agreement or similar agreement approved by the Company and as contemplated in the
        Prospectus or prospectus supplement related thereto, and upon payment of the consideration therefor, if any, provided for therein and in any applicable definitive purchase agreement, underwriting agreement or similar agreement approved by the
        Company, then the Subscription Securities will be legally issued and will constitute valid and legally binding obligations of the Company in accordance with their terms, except as the enforcement thereof (i) may be limited by any applicable
        bankruptcy, insolvency, reorganization, fraudulent conveyance, fraudulent transfer, fraudulent obligation, moratorium or other similar laws affecting generally the enforceability of creditors&#8217; rights and remedies or the collection of debtor&#8217;s
        obligations from time to time in effect, and (ii) is subject to general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or at law, including the application of principles of good faith, fair
        dealing, course of dealing, course of performance, commercial reasonableness, materiality, unconscionability and conflict with public policy and other similar principles; or other law relating to or affecting creditors&#8217; rights generally and general
        principles of equity.</div>
      <div style="text-align: justify; text-indent: -11.5pt; margin-left: 72pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">2. With respect to the Debt Securities, when (i) the applicable indenture relating to such Debt Securities (the &#8220;<u>Indenture</u>&#8221;)


        has been duly qualified and the Company has taken all necessary action to approve the issuance and terms of the Debt Securities and the terms of the offering thereof and related matters and the Debt Securities have been duly executed,
        authenticated, issued and delivered in accordance with the provisions of the Indenture and the other applicable agreements approved by the Company and as contemplated in the Prospectus or prospectus supplement related thereto, and upon payment of
        the consideration thereof or provided for therein, and (ii) such Debt Securities shall have been duly authorized and executed by the parties thereto other than the Company and shall be a valid and binding obligation of such parties, enforceable
        against such parties in accordance with its terms and shall purport to be governed by the laws of the State of New York, the Debt Securities will be legally issued and will constitute valid and legally binding obligations of the Company,
        enforceable against the Company in accordance with their terms, except as the enforcement thereof (i) may be limited by any applicable bankruptcy, insolvency, reorganization, fraudulent conveyance, fraudulent transfer, fraudulent obligation,
        moratorium or other similar laws affecting generally the enforceability of creditors&#8217; rights and remedies or the collection of debtor&#8217;s obligations from time to time in effect, and (ii) is subject to general principles of equity, regardless of
        whether such enforceability is considered in a proceeding in equity or at law, including the application of principles of good faith, fair dealing, course of dealing, course of performance, commercial reasonableness, materiality, unconscionability
        and conflict with public policy and other similar principles; or other law relating to or affecting creditors&#8217; rights generally and general principles of equity.</div>
      <div style="text-align: justify; text-indent: -11.5pt; margin-left: 72pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">3. With respect to the Units, when the Company has taken all necessary action to approve the issuance of the Units, the
        terms of the offering thereof and related matters and the Units have been issued and delivered in accordance with the terms of the applicable agreement(s) approved by the Company, and as contemplated in the Prospectus or prospectus supplement
        related thereto, upon payment of the consideration thereof or provided for therein then the Units will be legally issued, fully paid, and non-assessable.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div><br>
      </div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">The foregoing opinions are subject, in each case, to applicable insolvency, bankruptcy, reorganization, moratorium, fraudulent transfer,
        fraudulent conveyance or other similar laws affecting generally the enforceability of creditors&#8217; rights from time to time in effect and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law,
        including application of principles of good faith, fair dealing, commercial reasonableness, materiality, unconscionability and conflict with public policy and other similar</div>
      <div style="text-align: justify; text-indent: 55.1pt; font-family: 'Times New Roman', serif;">This opinion is limited to the laws of the State of New York, as in effect on the date hereof.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement, and to the reference to us under the heading
        &#8220;Legal Matters&#8221; in the Prospectus, without admitting we are &#8220;experts&#8221; within the meaning of the Securities Act or the rules and regulations of the Commission promulgated thereunder with respect to any part of the Registration Statement.</div>
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          <tr>
            <td style="width: 60.07%; vertical-align: top;">&#160;</td>
            <td style="width: 39.93%; vertical-align: middle;">&#160;</td>
          </tr>
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            <td style="width: 60.07%; vertical-align: top;">&#160;</td>
            <td style="width: 39.93%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">Very truly yours,</div>
            </td>
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            <td style="width: 60.07%; vertical-align: top;">&#160;</td>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">/s/ Seward &amp; Kissel LLP</div>
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<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>6
<FILENAME>d12120475_ex8-1.htm
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  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 8.1<br>
    </font> </div>
  <font style="font-weight: bold;"> </font>
  <div><br>
  </div>
  <div><br>
  </div>
  <div>
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            <div style="text-align: center; font-family: 'Times New Roman Bold', serif; font-size: 20pt; font-variant: small-caps;">Seward &amp; Kissel llp</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif;">ONE BATTERY PARK PLAZA</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif;">NEW YORK, NEW YORK&#160; 10004</div>
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          <td style="width: 25.6%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 25.59%; vertical-align: top;">&#160;</td>
          <td style="width: 48.8%; vertical-align: top;">&#160;</td>
          <td style="width: 25.6%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
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          <td style="width: 48.8%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">TELEPHONE:&#160; (212)&#160; 574-1200</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">FACSIMILE:&#160; (212) 480-8421</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 9pt;">WWW.SEWKIS.COM</div>
          </td>
          <td style="width: 25.6%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">901 K STREET, N.W.</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">WASHINGTON, D.C. 20001</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">TELEPHONE:&#160; (202) 737-8833</div>
            <div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 8pt;">FACSIMILE:&#160; (202) 737-5184</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <div style="text-indent: 36pt; margin-left: 288pt; margin-bottom: 12pt; font-family: 'Times New Roman',serif; text-align: right;">March 17, 2026</div>
      <div style="margin-top: 12pt; font-family: 'Times New Roman', serif;">SFL Corporation Ltd.</div>
      <div style="font-family: 'Times New Roman', serif;">Par-la-Ville Place</div>
      <div style="font-family: 'Times New Roman', serif;">14 Par-la-Ville Road</div>
      <div style="font-family: 'Times New Roman', serif;">Hamilton HM 08</div>
      <div style="font-family: 'Times New Roman', serif;">Bermuda</div>
      <div><br>
      </div>
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          <tr>
            <td style="width: 4%; vertical-align: middle;">&#160;</td>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">Re:</div>
            </td>
            <td style="width: 91%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">SFL Corporation Ltd.</div>
            </td>
          </tr>

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      <div style="text-align: justify; margin-top: 12pt; font-family: 'Times New Roman', serif;">Ladies and Gentlemen:</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 6pt; font-family: 'Times New Roman', serif;">You have requested our opinion regarding certain United States federal income tax matters relating to SFL Corporation Ltd. (the &#8220;<u>Company</u>&#8221;)


        and the holders of shares of the Company&#8217;s common stock.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">In formulating our opinion as to these matters, we have examined such documents as we have deemed appropriate, including the Registration
        Statement filed by the Company on Form F-3 with the U.S. Securities and Exchange Commission (the &#8220;<u>Commission</u>&#8221;) pursuant to the Securities Act of 1933, as amended, through the date hereof (the &#8220;<u>Registration Statement</u>&#8221;), amendments to
        such Registration Statement and the prospectus of the Company included in the Registration Statement. We also have obtained such additional information as we have deemed relevant and necessary from representatives of the Company.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">Capitalized terms not defined herein have the meanings ascribed to them in the Registration Statement.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">Based on the facts as set forth in the Registration Statement and the Company&#8217;s annual report on Form 20-F for the fiscal year ended
        December 31, 2025 (the &#8220;<u>Annual Report</u>&#8221;), which is incorporated by reference into the Registration Statement, and in particular, on the representations, covenants, assumptions, conditions and qualifications described<font style="font-weight: normal; font-style: normal;"> in the Annual Report under (i) the risk factors entitled &#8220;<font data-teams="true">U.S. tax authorities could treat us as a "passive foreign investment company", which could have adverse U.S. federal income tax
            consequences to U.S. shareholders,</font>&#8221; and &#8220;<font data-teams="true">We may have to pay tax on U.S. source income, which would reduce our earnings</font>&#8221; and (ii) Item 10E of the Annual Report entitled &#8220;Taxation&#8212;U.S. Taxation,&#8221; we hereby
          confirm that the opinions with respect to United States federal income tax considerations expressed in the discussions in the sections listed in (i) and (ii) are the opinions of Seward &amp; Kissel LLP and accurately state our view as to the tax
          matters discussed therein.</font></div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">Our opinions and the tax discussion as set forth in the Registration Statement are based on the current provisions of the U.S. Internal
        Revenue Code of 1986, as amended, the Treasury Regulations promulgated thereunder, published pronouncements of the Internal Revenue Service which may be cited or used as precedents, and case law, any of which may be changed at any time with
        retroactive effect. No opinion is expressed on any matters other than those specifically referred to above by reference to the Registration Statement.</div>
      <div style="text-align: justify; text-indent: 55.1pt; margin-top: 12pt; font-family: 'Times New Roman', serif;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement without admitting we are &#8220;experts&#8221; within the
        meaning of the Securities Act of 1933, as amended, or the rules and regulations of the Commission thereunder with respect to any part of the Registration Statement.</div>
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          <tr>
            <td style="width: 59.68%; vertical-align: top;">&#160;</td>
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              <div style="color: #000000; font-family: 'Times New Roman', serif;">Very truly yours,</div>
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          <tr>
            <td style="width: 59.68%; vertical-align: top;">&#160;</td>
            <td style="width: 40.32%; vertical-align: middle;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 59.68%; vertical-align: top;">&#160;</td>
            <td style="width: 40.32%; vertical-align: top;">
              <div style="color: #000000; font-family: 'Times New Roman', serif;">/s/ Seward &amp; Kissel LLP</div>
            </td>
          </tr>

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      <div><br>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.3
<SEQUENCE>7
<FILENAME>d12042649_ex23-3.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Seward & Kissel LLP
         Document created using Broadridge PROfile 25.10.1.5333
         Copyright 1995 - 2026 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div><br>
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  <div><br>
  </div>
  <div>
    <div style="text-align: right; margin-left: 36pt; margin-bottom: 8pt; font-family: 'Times New Roman',serif; font-weight: bold;">Exhibit 23.3</div>
    <div style="text-align: center; margin-top: 6pt; margin-bottom: 18pt; font-family: 'Times New Roman', serif; font-weight: bold;">Consent of Independent Registered Public Accounting Firm</div>
    <div style="text-align: justify; margin-top: 6pt; margin-bottom: 18pt; font-family: 'Times New Roman', serif;">
      <div style="text-align: left; margin-top: 6pt; margin-bottom: 18pt; font-family: 'Times New Roman', Times, serif;">We consent to the reference to our firm under the caption "Experts" in this Registration Statement (Form F-3) and
        related Prospectus of SFL Corporation Ltd. for the registration of common shares, preferred shares, debt securities, warrants, purchase contracts, rights, and units and to the incorporation by reference therein of our reports dated March 17, 2026,
        with respect to the consolidated financial statements of SFL Corporation Ltd., and the effectiveness of internal control over financial reporting of SFL Corporation Ltd., included in its Annual Report (Form 20-F) for the year ended December 31,
        2025, filed with the Securities and Exchange Commission.</div>
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    <div style="margin-top: 6pt; margin-bottom: 18pt; font-family: 'Times New Roman', serif;">/s/ Ernst &amp; Young AS</div>
    <div style="font-family: 'Times New Roman', serif;">Oslo, Norway</div>
    <div style="font-family: 'Times New Roman', serif;">March 17, 2026</div>
    <div style="margin-bottom: 8pt;"><br>
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<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>8
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          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_1" format="ixt:booleantrue" id="ixv-557">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_1" id="ixv-558">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_2" format="ixt:booleanfalse" id="ixv-559">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		2
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_2" id="ixv-560">Equity</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_2" id="ixv-561">Preferred shares </ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_2" format="ixt:booleantrue" id="ixv-562">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_2" id="ixv-563">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_3" format="ixt:booleanfalse" id="ixv-564">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		3
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_3" id="ixv-565">Debt</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_3" id="ixv-566">Debt securities</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_3" format="ixt:booleantrue" id="ixv-567">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_3" id="ixv-568">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_4" format="ixt:booleanfalse" id="ixv-569">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		4
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_4" id="ixv-570">Other</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_4" id="ixv-571">Warrants</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_4" format="ixt:booleantrue" id="ixv-572">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_4" id="ixv-573">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_5" format="ixt:booleanfalse" id="ixv-574">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		5
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_5" id="ixv-575">Other</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_5" id="ixv-576">Purchase contracts</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_5" format="ixt:booleantrue" id="ixv-577">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_5" id="ixv-578">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_6" format="ixt:booleanfalse" id="ixv-579">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		6
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_6" id="ixv-580">Other</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_6" id="ixv-581">Rights</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_6" format="ixt:booleantrue" id="ixv-582">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_6" id="ixv-583">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:PrevslyPdFlg" contextRef="offrl_7" format="ixt:booleanfalse" id="ixv-584">Fees to be Paid</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
		7
	</td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTp" contextRef="offrl_7" id="ixv-585">Other</ix:nonNumeric>
          </td>
          <td style="text-align: left;">
            <ix:nonNumeric name="ffd:OfferingSctyTitl" contextRef="offrl_7" id="ixv-586">Units</ix:nonNumeric>
          </td>
          <td style="text-align: center;">
            <ix:nonNumeric name="ffd:Rule457rFlg" contextRef="offrl_7" format="ixt:booleantrue" id="ixv-587">457(r)</ix:nonNumeric>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">
            <ix:nonFraction name="ffd:FeeRate" unitRef="pure" decimals="7" format="ixt:numdotdecimal" contextRef="offrl_7" id="ixv-588">0.0001381</ix:nonFraction>
          </td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Fees Previously Paid
	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr>
          <td colspan="14" style="text-align: center">
            <b>Carry Forward Securities</b>
          </td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Carry Forward Securities
	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: center;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td colspan="3" style="vertical-align: top">
            <p style="margin: 0pt; text-align: right">Total Offering Amounts:</p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td style="vertical-align: top; width: 16%;">
            <p id="MaxAggtOfferingPrice" style="margin: 0pt; text-align: right">
              <span>$</span>
              <ix:nonFraction name="ffd:TtlOfferingAmt" contextRef="rc" decimals="2" format="ixt:numdotdecimal" unitRef="USD" id="ixv-589">0.00</ix:nonFraction>
            </p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td style="vertical-align: top; border-bottom: 1px black; width: 16%;">
            <p id="TotalFeeAmt" style="margin: 0pt; text-align: right">
              <span>$</span>
              <ix:nonFraction name="ffd:TtlFeeAmt" contextRef="rc" decimals="2" format="ixt:numdotdecimal" unitRef="USD" id="ixv-590">0.00</ix:nonFraction>
            </p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
        </tr>
        <tr>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td colspan="3" style="vertical-align: top">
            <p style="margin: 0pt; text-align: right">
					Total Fees Previously Paid:
				</p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td style="vertical-align: top">
            <p id="TotalPreviouslyPaidAmt" style="margin: 0pt; text-align: right">
              <span>$</span>
              <ix:nonFraction name="ffd:TtlPrevslyPdAmt" contextRef="rc" decimals="2" format="ixt:numdotdecimal" unitRef="USD" id="ixv-591">0.00</ix:nonFraction>
            </p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
        </tr>
        <tr>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td colspan="3" style="vertical-align: top">
            <p style="margin: 0pt; text-align: right">
					Total Fee Offsets:
				</p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td style="vertical-align: top">
            <p id="TotalOffsetAmt" style="margin: 0pt; text-align: right">
              <span>$</span>
              <ix:nonFraction name="ffd:TtlOffsetAmt" contextRef="rc" decimals="2" format="ixt:numdotdecimal" unitRef="USD" id="ixv-592">0.00</ix:nonFraction>
            </p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
        </tr>
        <tr>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td colspan="3" style="vertical-align: top">
            <p style="margin: 0pt; text-align: right">
					Net Fee Due:
				</p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td style="vertical-align: top">
            <p id="NetFeeAmt" style="margin: 0pt; text-align: right">
              <span>$</span>
              <ix:nonFraction name="ffd:NetFeeAmt" contextRef="rc" decimals="2" format="ixt:numdotdecimal" unitRef="USD" id="ixv-593">0.00</ix:nonFraction>
            </p>
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
          <td>
            <!-- BLANK -->
          </td>
        </tr>
      </table>
    </div>
    <div>
      <table style="width: 100%; text-indent: 0px;">
        <tbody>
          <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
            <td>
              <p style="margin:0pt;text-align:left; margin-bottom: 5px;">
                <b>Offering Note</b>
              </p>
            </td>
            <td/>
          </tr>
        </tbody>
      </table>
    </div>
    <div style="padding-bottom: 20px;">
      <table style="width: 100%; text-indent: 0px;">
        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">1</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_1" id="ixv-594">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment.
</ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
          </td>
        </tr>
        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">2</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_2" id="ixv-595">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
          </td>
        </tr>
        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">3</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_3" id="ixv-596">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
          </td>
        </tr>
        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">4</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_4" id="ixv-597">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
          </td>
        </tr>
        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">5</sup>
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          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_5" id="ixv-598">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
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        <tr>
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          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">6</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_6" id="ixv-599">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
          </td>
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        <tr style="font-family: Arial, Helvetica, sans-serif; font-size: 16px; vertical-align: top;">
          <td style="width:10pt;">
            <p style="margin:0pt;text-align:left;">
              <sup style="vertical-align:top;line-height:120%;font-size:10px">7</sup>
            </p>
          </td>
          <td colspan="7" style="white-space: pre-line;">
            <ix:nonNumeric name="ffd:OfferingNote" escape="1" contextRef="offrl_7" id="ixv-600">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ix:nonNumeric>
          </td>
        </tr>
        <tr>
          <td colspan="7">
            <hr style="width:100%;text-align:left;margin-left:0"/>
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          <th style="vertical-align: bottom; text-align: left; word-wrap: break-word">
            <b>Table 2: Fee Offset Claims and Sources</b>
          </th>
          <th style="vertical-align: bottom; word-wrap: break-word; text-align: right;">
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          </th>
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            <!-- BLANK -->
          </th>
          <th style="width: 8%; text-align: left;">
            <!-- BLANK -->
          </th>
          <th style="width: 16%;">
				Registrant or Filer Name
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          <th style="width: 6%;">
				Form or Filing Type
			</th>
          <th style="width: 7%;">
				File Number
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          <th style="width: 6%;">
				Initial Filing Date
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          <th style="width: 6%;">
				Filing Date
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          <th style="width: 6%;">
				Fee Offset Claimed
			</th>
          <th style="width: 6%;">
				Security Type Associated with Fee Offset Claimed
			</th>
          <th style="width: 8%;">
				Security Title Associated with Fee Offset Claimed
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				Unsold Securities Associated with Fee Offset Claimed
			</th>
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				Unsold Aggregate Offering Amount Associated with Fee Offset Claimed
			</th>
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				Fee Paid with Fee Offset Source
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            <b>Rules 457(b) and 0-11(a)(2)</b>
          </td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Fee Offset Claims
	</td>
          <td>

	</td>
          <td style="text-align: left;">

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
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        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Fee Offset Sources
	</td>
          <td>

	</td>
          <td style="text-align: left;">

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr>
          <td colspan="14" style="text-align: center">
            <b>Rule 457(p)</b>
          </td>
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        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Fee Offset Claims
	</td>
          <td>

	</td>
          <td style="text-align: left;">

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
        </tr>
        <tr style="background-color:#E7E7E2">
          <td style="text-align: left;">
		Fee Offset Sources
	</td>
          <td>

	</td>
          <td style="text-align: left;">

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td>

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: left;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
          <td style="text-align: right;">

	</td>
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          <th style="vertical-align: bottom; text-align: left; word-wrap: break-word">
            <b>Table 3: Combined Prospectuses</b>
          </th>
          <th style="vertical-align: bottom; word-wrap: break-word; text-align: right;">
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	</td>
          <td>

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<TEXT>
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<span style="display: none;">v3.26.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Submission<br></strong></div></th>
<th class="th"><div>Mar. 16, 2026</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_SubmissionLineItems', window );"><strong>Submission [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Central Index Key</a></td>
<td class="text">0001289877<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Registrant Name</a></td>
<td class="text">SFL Corp Ltd.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FormTp', window );">Form Type</a></td>
<td class="text">F-3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_SubmissnTp', window );">Submission Type</a></td>
<td class="text">F-3ASR<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeExhibitTp', window );">Fee Exhibit Type</a></td>
<td class="text">EX-FILING FEES<span></span>
</td>
</tr>
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<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
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<td>dei:centralIndexKeyItemType</td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
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<td>xbrli:normalizedStringItemType</td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FeeExhibitTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FeeExhibitTp</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
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<td><strong> Data Type:</strong></td>
<td>ffd:feeExhibitTypeItemType</td>
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<td>na</td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FormTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FormTp</td>
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<td>ffd_</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_SubmissionLineItems</td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_SubmissnTp</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<span style="display: none;">v3.26.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Offerings<br></strong></div></th>
<th class="th"><div>Mar. 16, 2026</div></th>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=1', window );">Offering: 1</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Equity<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Common shares, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment.
<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=2', window );">Offering: 2</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Equity<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Preferred shares <span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=3', window );">Offering: 3</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Debt<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Debt securities<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=4', window );">Offering: 4</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Other<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Warrants<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=5', window );">Offering: 5</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Other<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Purchase contracts<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=6', window );">Offering: 6</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Other<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Rights<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingAxis=7', window );">Offering: 7</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTable', window );"><strong>Offering:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_PrevslyPdFlg', window );">Fee Previously Paid</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_Rule457rFlg', window );">Rule 457(r)</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTp', window );">Security Type</a></td>
<td class="text">Other<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingSctyTitl', window );">Security Class Title</a></td>
<td class="text">Units<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeRate', window );">Fee Rate</a></td>
<td class="nump">0.01381%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingNote', window );">Offering Note</a></td>
<td class="text">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FeeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The rate per dollar of fees that public companies and other issuers pay to register their securities with the Commission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FeeRate</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Data Type:</strong></td>
<td>dtr-types:percentItemType</td>
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<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingNote">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingNote</td>
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<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
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<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingSctyTitl">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The title of the class of securities being registered (for each class being registered).</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingSctyTitl</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingSctyTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Type of securities: "Asset-backed Securities", "ADRs/ADSs", "Debt", "Debt Convertible into Equity", "Equity", "Face Amount Certificates", "Limited Partnership Interests", "Mortgage Backed Securities", "Non-Convertible Debt", "Unallocated (Universal) Shelf", "Exchange Traded Vehicle Securities", "Other"</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingSctyTp</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:securityTypeItemType</td>
</tr>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingTable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingTable</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
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<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<td><strong> Period Type:</strong></td>
<td>duration</td>
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</table></div>
</div></td></tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_PrevslyPdFlg">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_PrevslyPdFlg</td>
</tr>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td><strong> Balance Type:</strong></td>
<td>na</td>
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<tr>
<td><strong> Period Type:</strong></td>
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</table></div>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 457<br> -Subsection r<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_Rule457rFlg</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td>na</td>
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<td><strong> Period Type:</strong></td>
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</table></div>
</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingAxis=2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
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<td><strong> Balance Type:</strong></td>
<td></td>
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<td><strong> Period Type:</strong></td>
<td></td>
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</div></td></tr>
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<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=3</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingAxis=4">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=4</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
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<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingAxis=5">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=5</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
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<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
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<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingAxis=6">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
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<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingAxis=6</td>
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<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
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<td style="white-space:nowrap;">ffd_OfferingAxis=7</td>
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<span style="display: none;">v3.26.1</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fees Summary<br></strong></div></th>
<th class="th">
<div>Mar. 16, 2026 </div>
<div>USD ($)</div>
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<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_TtlOfferingAmt', window );">Total Offering</a></td>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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    <ffd:OfferingSctyTp contextRef="offrl_1" id="ixv-555">Equity</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_1" id="ixv-556">Common shares, par value $0.01 per share</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_1" id="ixv-557">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_1"
      decimals="7"
      id="ixv-558"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_2" id="ixv-559">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_2" id="ixv-560">Equity</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_2" id="ixv-561">Preferred shares </ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_2" id="ixv-562">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_2"
      decimals="7"
      id="ixv-563"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_3" id="ixv-564">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_3" id="ixv-565">Debt</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_3" id="ixv-566">Debt securities</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_3" id="ixv-567">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_3"
      decimals="7"
      id="ixv-568"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_4" id="ixv-569">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_4" id="ixv-570">Other</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_4" id="ixv-571">Warrants</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_4" id="ixv-572">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_4"
      decimals="7"
      id="ixv-573"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_5" id="ixv-574">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_5" id="ixv-575">Other</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_5" id="ixv-576">Purchase contracts</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_5" id="ixv-577">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_5"
      decimals="7"
      id="ixv-578"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_6" id="ixv-579">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_6" id="ixv-580">Other</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_6" id="ixv-581">Rights</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_6" id="ixv-582">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_6"
      decimals="7"
      id="ixv-583"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:PrevslyPdFlg contextRef="offrl_7" id="ixv-584">false</ffd:PrevslyPdFlg>
    <ffd:OfferingSctyTp contextRef="offrl_7" id="ixv-585">Other</ffd:OfferingSctyTp>
    <ffd:OfferingSctyTitl contextRef="offrl_7" id="ixv-586">Units</ffd:OfferingSctyTitl>
    <ffd:Rule457rFlg contextRef="offrl_7" id="ixv-587">true</ffd:Rule457rFlg>
    <ffd:FeeRate
      contextRef="offrl_7"
      decimals="7"
      id="ixv-588"
      unitRef="pure">0.0001381</ffd:FeeRate>
    <ffd:TtlOfferingAmt contextRef="rc" decimals="2" id="ixv-589" unitRef="USD">0.00</ffd:TtlOfferingAmt>
    <ffd:TtlFeeAmt contextRef="rc" decimals="2" id="ixv-590" unitRef="USD">0.00</ffd:TtlFeeAmt>
    <ffd:TtlPrevslyPdAmt contextRef="rc" decimals="2" id="ixv-591" unitRef="USD">0.00</ffd:TtlPrevslyPdAmt>
    <ffd:TtlOffsetAmt contextRef="rc" decimals="2" id="ixv-592" unitRef="USD">0.00</ffd:TtlOffsetAmt>
    <ffd:NetFeeAmt contextRef="rc" decimals="2" id="ixv-593" unitRef="USD">0.00</ffd:NetFeeAmt>
    <ffd:OfferingNote contextRef="offrl_1" id="ixv-594">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment.
</ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_2" id="ixv-595">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_3" id="ixv-596">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_4" id="ixv-597">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_5" id="ixv-598">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_6" id="ixv-599">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
    <ffd:OfferingNote contextRef="offrl_7" id="ixv-600">(1)	An indeterminate aggregate initial offering price or number of securities of each identified class is being registered as may from time to time be issued at indeterminate prices and as may be issuable upon conversion, redemption, exchange, exercise or settlement of any securities registered hereunder (for which separate consideration may or may not be received). This registration statement also covers any additional securities that may be offered or issued in connection with any stock split, stock dividend or pursuant to anti-dilution provisions of any of the securities. Any securities registered hereunder may be sold separately or together with other securities registered hereunder.

(2)	The proposed maximum offering price per security will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder.

(3)	In reliance on Rule 456(b) and Rule 457(r) under the Securities Act, the registrant hereby defers payment of the registration fee required in connection with this registration statement. The registrant will calculate the registration fee applicable to an offer of securities pursuant to this registration statement based on the fee payment rate in effect on the date of such fee payment. </ffd:OfferingNote>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
