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Trust Agreement EXECUTION VERSION AMENDED AND RESTATED PASS THROUGH TRUST AGREEMENT Dated as of January 30, 2021 between COPPER BIDCO LLC, and GLAS TRUST COMPANY LLC, as Trustee TABLE OF CONTENTS Page ARTICLE I DEFINITIONS ........................................................................................................... 2 Section 1.01 Definitions................................................................................................... 2 Section 1.02 Other Definitions ...................................................................................... 13 Section 1.03 Form of Documents .................................................................................. 14 Section 1.04 Directions of Certificateholders ................................................................ 14 ARTICLE II DECLARATION OF TRUST ................................................................................. 16 Section 2.01 Declaration of Trust .................................................................................. 16 Section 2.02 Tax Treatment of Transfer of Trust Assets ............................................... 17 Section 2.03 Nature of Trust .......................................................................................... 17 Section 2.04 Trust Activities.......................................................................................... 17 Section 2.05 Other Agreements ..................................................................................... 18 ARTICLE III ISSUANCE AND TERMS OF THE CERTIFICATES ........................................ 18 Section 3.01 The Certificates ......................................................................................... 18 Section 3.02 Authentication of Certificates ................................................................... 18 Section 3.03 Terms and Conditions ............................................................................... 19 Section 3.04 Temporary Certificates ............................................................................. 19 Section 3.05 Global and Definitive Certificates ............................................................ 19 Section 3.06 Mutilated, Destroyed, Lost or Stolen Certificates .................................... 21 Section 3.07 Persons Deemed Owners .......................................................................... 21 Section 3.08 Cancellation .............................................................................................. 22 Section 3.09 Limitation of Liability for Payments ........................................................ 22 Section 3.10 CUSIP Numbers........................................................................................ 22 Section 3.11 Tax Forms ................................................................................................. 22 ARTICLE IV TRANSFER OF THE CERTIFICATES ............................................................... 22 Section 4.01 Legends ..................................................................................................... 22 Section 4.02 Book-Entry Provisions for Global Certificates ......................................... 25 Section 4.03 Special Transfer Provisions ...................................................................... 26 Section 4.04 Transfer and Exchange ............................................................................. 26 Section 4.05 Limitation on Transferability .................................................................... 27 ARTICLE V ACCOUNTS; PRIORITY OF PAYMENTS AND DISTRIBUTION; STATEMENTS................................................................................................................. 32 Section 5.01 Establishment of Accounts ....................................................................... 32 Section 5.02 Management of Accounts ......................................................................... 33 Section 5.03 Interim Expenses, Transfers and Withdrawals ......................................... 35 Section 5.04 Calculations............................................................................................... 36 Section 5.05 Payment Date Distributions ...................................................................... 37 Section 5.06 Final Distribution ...................................................................................... 40 i 602668806.17 ARTICLE VI COVENANTS ....................................................................................................... 41 Section 6.01 Business Activities .................................................................................... 41 Section 6.02 Registration Rights and Cooperation Agreement ..................................... 41 Section 6.03 Existence ................................................................................................... 42 Section 6.04 Maintenance of Office or Agency ............................................................. 42 Section 6.05 Payment of Taxes ...................................................................................... 42 Section 6.06 Statements to Certificateholders; Reports ................................................. 42 Section 6.07 DTC Letter of Representations ................................................................. 44 Section 6.08 Further Instruments and Acts .................................................................... 44 Section 6.09 Covenants of the Trustee .......................................................................... 44 Section 6.10 Compliance with Laws ............................................................................. 47 Section 6.11 Insurance ................................................................................................... 47 ARTICLE VII THE TRUSTEE .................................................................................................... 47 Section 7.01 Certain Duties and Responsibilities; Delivery of Documents .................. 47 Section 7.02 Certain Rights of Trustee. ......................................................................... 49 Section 7.03 Not Responsible for Recitals or Issuance of Certificates.......................... 50 Section 7.04 Representations and Warranties of the Trustee ........................................ 51 Section 7.05 Limitations on Trustee .............................................................................. 52 Section 7.06 Resignation and Removal; Appointment of Successor ............................. 52 Section 7.07 Acceptance of Appointment by Successor ............................................... 54 Section 7.08 Merger, Conversion, Consolidation or Succession to Business ............... 55 Section 7.09 Maintenance of Agencies .......................................................................... 55 Section 7.10 Certain Estimates as to the Trust Assets ................................................... 56 Section 7.11 Filing Requirements .................................................................................. 56 Section 7.12 Money Held in Trust ................................................................................. 57 Section 7.13 Compensation and Reimbursement .......................................................... 57 Section 7.14 Corporate Trustee Required; Eligibility.................................................... 58 ARTICLE VIII CERTIFICATEHOLDERS ................................................................................. 59 Section 8.01 Identification and Addresses of Certificateholders ................................... 59 Section 8.02 Certificateholders May Not Bring Suit Except Under Certain Conditions ................................................................................................. 59 Section 8.03 Acknowledgment With Respect to the Manager ...................................... 59 ARTICLE IX SUPPLEMENTAL AGREEMENTS .................................................................... 60 Section 9.01 Supplemental Agreements Without Consent of Certificateholders .......... 60 Section 9.02 Supplemental Agreements with Consent of Certificateholders ................ 61 Section 9.03 Documents Affecting Immunity or Indemnity ......................................... 62 ARTICLE X MISCELLANEOUS PROVISIONS ....................................................................... 62 Section 10.01 Duration .................................................................................................... 62 Section 10.02 Termination of the Trust ........................................................................... 62 Section 10.03 Governing Law ......................................................................................... 63 ii 602668806.17 Section 10.04 Counterparts .............................................................................................. 63 Section 10.05 Notices ...................................................................................................... 63 Section 10.06 Intention of Parties to Establish a Grantor Trust ...................................... 64 Section 10.07 Submission to Jurisdiction ........................................................................ 65 Section 10.08 Normal Commercial Relations ................................................................. 65 Section 10.09 Entire Agreement; Successor and Assigns ............................................... 65 Section 10.10 No Recourse against Others .....................................................................
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