[Reverse of Security]
This Security is one of a duly authorized issue of securities of the Company (herein called the Securities), issued and to
be issued in one or more series under an Indenture, dated as of November 16, 1998 (herein called the Indenture, which term shall have the meaning assigned to it in such instrument), between the Company and The Bank of New
York Mellon, successor to JPMorgan Chase Bank, N.A., formerly known as The Chase Manhattan Bank, as Trustee (herein called the Trustee, which term includes any successor trustee under the Indenture), and reference is hereby made
to the Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder of the Company, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be,
authenticated and delivered, as modified by the provisions set forth below and on the face hereof. This Security is one of the series designated on the face hereof, limited initially in aggregate principal amount to $500,000,000. The Company
may subsequently issue additional securities as part of this series of Securities under the Indenture.
The Company may redeem the
Securities in whole or in part, at any time and from time to time, at its option, prior to February 15, 2030 (one month prior to the maturity date of the Securities) (the Par Call Date), at a Redemption Price (expressed as a
percentage of principal amount and rounded to three decimal places) equal to the greater of (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the
Securities matured on the Par Call Date) on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points
less (b) interest accrued to the date of redemption, and (2) 100% of the principal amount of the Securities to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
On or after the Par Call Date, the Company may redeem the Securities in whole or in part, at any time and from time to time, at its option, at
a Redemption Price equal to 100% of the principal amount of the Securities being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
The Companys actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent
manifest error.
Notice of any redemption shall be mailed or electronically delivered (or otherwise transmitted in accordance with the
depositarys procedures) at least 10 days but not more than 60 days before the Redemption Date to each Holder of Securities to be redeemed.
In the case of a partial redemption, selection of the Securities for redemption shall be made by lot. No Securities of a principal amount of
$2,000 or less shall be redeemed in part. If any Security is to be redeemed in part only, the notice of redemption that relates to the Security shall state the portion of the principal amount of the Security to be redeemed. A new Security in a
principal amount equal to the unredeemed portion of the Security shall be issued in the name of the Holder of the Security upon surrender for cancellation of the original Security. For so long as the Securities are held by DTC (or another
Depositary), the redemption of the Securities shall be done in accordance with the policies and procedures of the Depositary.
Unless the
Company defaults in payment of the Redemption Price, on and after the Redemption Date, interest will cease to accrue on the Securities or portions thereof called for redemption.
1