Form 8-K

8-K — nVent Electric plc

Accession: 0001104659-26-111938

Filed: 2026-09-29

Period: 2026-09-29

CIK: 0001720635

SIC: 3550 (SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY))

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — tm2626249d1_8k.htm (Primary)

EX-4.1 — EXHIBIT 4.1 (tm2626249d1_ex4-1.htm)

EX-4.2 — EXHIBIT 4.2 (tm2626249d1_ex4-2.htm)

EX-5.1 — EXHIBIT 5.1 (tm2626249d1_ex5-1.htm)

EX-5.2 — EXHIBIT 5.2 (tm2626249d1_ex5-2.htm)

EX-5.3 — EXHIBIT 5.3 (tm2626249d1_ex5-3.htm)

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8-K — FORM 8-K

8-K (Primary)

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UNITED STATES

SECURITIES AND EXCHANGE

COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13

OR 15(d) OF

THE SECURITIES EXCHANGE

ACT OF 1934

Date of Report (Date

of earliest event reported): September 29, 2026

nVent

Electric plc

(Exact name of Registrant as specified in its

charter)

Ireland

001-38265

98-1391970

(State or other jurisdiction of

incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

The

Mille, 1000 Great West Road,

8th Floor (East), London,

TW8 9DW, United

Kingdom

(Address of principal

executive offices)

Registrant's telephone

number, including area code: 44-20-3966-0279

Check the appropriate box

below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following

provisions:

¨ Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

symbol(s)

Name

of each exchange on which registered

Ordinary

Shares, nominal value $0.01 per share

NVT

New

York Stock Exchange

Indicate by check

mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this

chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, 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 provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

of a Registrant

On September 29, 2026, nVent Electric plc

(the “Company”), Hoffman Schroff Holdings, Inc. (“Hoffman Schroff”) and nVent Finance S.à r.l. (“nVent

Finance”) completed a public offering (the “Offering”) of $800.0 million aggregate principal amount of Hoffman Schroff’s

6.150% Senior Notes due 2036 (the “Notes”). The Notes are fully and unconditionally and jointly and severally guaranteed as

to payment of principal and interest by the Company and nVent Finance (the “Guarantees”).

The Notes were issued under an Indenture (the “Base

Indenture”), dated as of September 29, 2026, among the Company, Hoffman Schroff, nVent Finance and U.S. Bank Trust Company,

National Association, as trustee (the “Trustee”), as supplemented by a First Supplemental Indenture, dated as of September 29,

2026, between the Company, Hoffman Schroff, nVent Finance and the Trustee, establishing the terms and providing for the issuance of the

Notes (the “First Supplemental Indenture”).

The First Supplemental Indenture and form of the

Notes, which is included therein, provide, among other things, that the Notes bear interest at a rate of 6.150% per year (payable

semi-annually in arrears on March 15 and September 15 of each year, beginning on March 15, 2027), and will mature on September 15,

2036. The interest rate payable on the Notes will be subject to adjustment based on certain rating events.

As previously disclosed, on

September 17, 2026, Hoffman Schroff, nVent Finance and the Company entered into a loan agreement with a syndicate of financial

institutions, providing for a $600.0 million senior unsecured term loan facility (the “Term Loan Facility”).

Additionally, as previously disclosed, on September 17, 2026, Hoffman Schroff, nVent Finance and the Company entered into

Amendment No. 2 to that Second Amended and Restated Credit Agreement, dated as of June 30, 2025, among the Company, nVent

Finance, Hoffman Schroff and a syndicate of banks, to permit limited conditionality draws of up to an aggregate principal amount of

$250.0 million (the “Specified Revolving Facility”). Hoffman Schroff, nVent Finance and the Company intend to use

the net proceeds of the Offering, borrowings under the Term Loan Facility, borrowings under the Specified Revolving Facility, and

cash on hand to finance the acquisition of Maverick Power, LLC (“Maverick Power”), for approximately $1.75 billion (the “Maverick Power acquisition”), and to pay related fees and expenses. Hoffman

Schroff, nVent Finance and the Company intend to use the remainder of the net proceeds from the Offering, if any, for general

corporate purposes.

At any time prior to June 15, 2036, Hoffman

Schroff may redeem the Notes at a “make-whole” redemption price, plus accrued and unpaid interest on the Notes being redeemed

to, but excluding, the redemption date. At any time on or after June 15, 2036, Hoffman Schroff may redeem the Notes at a redemption

price equal to 100% of the aggregate principal amount of the Notes being redeemed, plus accrued and unpaid interest on the Notes being

redeemed to, but excluding, the redemption date. Hoffman Schroff is required to offer to repurchase the Notes for cash at a price of 101%

of the aggregate principal amount of the Notes repurchased, plus accrued and unpaid interest, if any, upon the occurrence of a change

of control triggering event. Hoffman Schroff also may redeem all, but not less than all, of the Notes in the event of certain tax changes

affecting such Notes.

If (a) the consummation of the Maverick Power

acquisition does not occur on or prior to November 20, 2026 (or such later date on or before February 19, 2027 as extended by

the parties to the Membership Interest Purchase Agreement, dated as of August 21, 2026, among the Company, Hoffman Schroff, Maverick

Power and Maverick Power Holdings, LLC (the “Purchase Agreement”), the “outside date”), (b) Hoffman Schroff

notifies the Trustee and the holders of the Notes that in its reasonable judgment the Maverick Power acquisition will not be consummated

on or prior to the outside date or (c) the Purchase Agreement has been terminated without the consummation of the Maverick Power

acquisition, then Hoffman Schroff will be required to redeem all of the Notes then outstanding on the date specified in the notice of

special mandatory redemption (such date, the “special mandatory redemption date”) at a redemption price equal to 101% of the

principal amount of the Notes then outstanding, plus accrued and unpaid interest, if any, to, but not including, the special mandatory

redemption date.

The First Supplemental Indenture contains customary

events of default. If an event of default occurs and is continuing with respect to the Notes, then the Trustee or the holders of at least

25% of the principal amount of the outstanding Notes of that series may declare the Notes of that series to be due and payable immediately.

In addition, in the case of an event of default arising from certain events of bankruptcy, insolvency or reorganization, all outstanding

Notes will become due and payable immediately without any declaration or other act on the part of the Trustee or the holders of the Notes.

The descriptions of the Base Indenture and the

First Supplemental Indenture set forth above are qualified by reference to the Base Indenture and the First Supplemental Indenture filed

as Exhibits 4.1 and 4.2, respectively, to this Current Report on Form 8-K and incorporated by reference herein.

ITEM 8.01 Other Events

The Notes and the Guarantees are registered under

the Securities Act of 1933, as amended, pursuant to a Registration Statement on Form S-3 (Registration No. 333-293530, 333-293530-01

and 333-293530-02) that the Company, Hoffman Schroff and nVent Finance filed with the Securities and Exchange Commission on February 17,

2026. The Company is also filing certain exhibits as part of this Current Report on Form 8-K for purposes of such Registration Statement.

See “Item 9.01. Financial Statements and Exhibits.”

ITEM 9.01 Financial Statements and Exhibits

(d)           Exhibits.

The exhibits listed in the Exhibit Index below are filed as part of this report.

Exhibit Index

Exhibit

Description

4.1

Indenture, dated as of September 29, 2026, among nVent Electric plc, Hoffman Schroff Holdings, Inc., nVent Finance S.à r.l. and U.S. Bank Trust Company, National Association.

4.2

First Supplemental Indenture, dated as of September 29, 2026, among nVent Electric plc, Hoffman Schroff Holdings, Inc., nVent Finance S.à r.l. and U.S. Bank Trust Company, National Association.

5.1

Opinion of Foley & Lardner LLP with respect to the Notes and the Guarantees.

5.2

Opinion

of Allen Overy Shearman Sterling SCS, société en commandite simple (inscrite au barreau de Luxembourg), with

respect to the Guarantee issued by nVent Finance S.à r.l.

5.3

Opinion of Arthur Cox LLP with respect to the Guarantee issued by nVent Electric plc.

23.1

Consent of Foley & Lardner LLP (included in Exhibit 5.1).

23.2

Consent

of Allen Overy Shearman Sterling SCS, société en commandite simple (inscrite au barreau de Luxembourg), (included

in Exhibit 5.2).

23.3

Consent of Arthur Cox LLP (included in Exhibit 5.3).

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of

the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto

duly authorized, on September 29, 2026.

nVent Electric plc

Registrant

/s/ Gary L. Corona

Gary L. Corona

Executive Vice President and Chief Financial Officer

EX-4.1 — EXHIBIT 4.1

EX-4.1

Filename: tm2626249d1_ex4-1.htm · Sequence: 2

Exhibit 4.1

HOFFMAN SCHROFF

HOLDINGS, INC.,

as Issuer

AND

NVENT ELECTRIC PLC,

as Guarantor

AND

NVENT FINANCE S.à

R.L.,

as Guarantor

AND

U.S. BANK TRUST

COMPANY, NATIONAL ASSOCIATION,

as Trustee

INDENTURE

Dated as of September 29,

2026

UNSUBORDINATED DEBT

SECURITIES

TABLE

OF CONTENTS

Page

Article I

DEFINITIONS

Section 1.01

Definitions of Terms

Article II

ISSUE, DESCRIPTION, TERMS, EXECUTION, REGISTRATION AND EXCHANGE OF SECURITIES

Section 2.01

Designation and Terms

of Securities

Section 2.02

Form of Securities

and Trustee’s Certificate

Section 2.03

Denominations; Provisions

for Payment

Section 2.04

Execution and Authentications

Section 2.05

Transfer and Exchange

Section 2.06

Temporary Securities

Section 2.07

Mutilated, Destroyed,

Lost or Stolen Securities

Section 2.08

Cancellation

Section 2.09

Third Party Beneficiaries

Section 2.10

Authenticating Agent

Section 2.11

Global Securities

Section 2.12

CUSIP Numbers

Section 2.13

Securities Denominated

in Foreign Currencies

Section 2.14

Wire Transfers

Section 2.15

Designated Currency

Section 2.16

Form of Guarantee

Article III

REDEMPTION OF SECURITIES AND SINKING FUND PROVISIONS

Section 3.01

Redemption

Section 3.02

Notice of Redemption

Section 3.03

Payment Upon Redemption

Section 3.04

Sinking Fund

Section 3.05

Satisfaction of Sinking

Fund Payments with Securities

Section 3.06

Redemption of Securities

for Sinking Fund

Article IV

CERTAIN COVENANTS

Section 4.01

Payment of Principal,

Premium and Interest

Section 4.02

Maintenance of Office

or Agency

Section 4.03

Paying Agents

Section 4.04

Statement by Officers

as to Default

Section 4.05

Appointment to Fill

Vacancy in Office of Trustee

Article V

SECURITYHOLDERS’ LISTS AND REPORTS BY THE COMPANY AND THE TRUSTEE

Section 5.01

Company to Furnish Trustee

Names and Addresses of Securityholders

Section 5.02

Preservation of Information;

Communications with Securityholders

Section 5.03

Reports by the Company

Section 5.04

Reports by the Trustee

Article VI

REMEDIES OF THE TRUSTEE AND SECURITYHOLDERS ON EVENT OF DEFAULT

Section 6.01

Events of Default

Section 6.02

Collection of Indebtedness

and Suits for Enforcement by Trustee

Section 6.03

Application of Funds

Collected

Section 6.04

Limitation on Suits

Section 6.05

Rights and Remedies

Cumulative; Delay or Omission not Waiver

Section 6.06

Control by Securityholders

Section 6.07

Undertaking to Pay Costs

Section 6.08

Waiver Of Usury, Stay

Or Extension Laws

Article VII

CONCERNING THE TRUSTEE

Section 7.01

Certain Duties and Responsibilities

of Trustee

Section 7.02

Certain Rights of Trustee

Section 7.03

Trustee not Responsible

for Recitals or Issuance of Securities

Section 7.04

May Hold Securities

Section 7.05

Funds Held in Trust

Section 7.06

Compensation, Reimbursement

and Indemnification

Section 7.07

Reliance on Officer’s

Certificate

Section 7.08

Disqualification; Conflicting

Interests

Section 7.09

Corporate Trustee Required;

Eligibility

Section 7.10

Resignation and Removal;

Appointment of Successor

Section 7.11

Acceptance of Appointment

By Successor

Section 7.12

Merger, Conversion,

Consolidation or Succession to Business

Section 7.13

Preferential Collection

of Claims Against the Company

Article VIII

CONCERNING THE SECURITYHOLDERS

Section 8.01

Evidence of Action by

Securityholders

Section 8.02

Proof of Execution by

Securityholders

Section 8.03

Who May be Deemed

Owners

Section 8.04

Certain Securities Owned

by Company Disregarded

Section 8.05

Actions Binding on Future

Securityholders

Article IX SUPPLEMENTAL INDENTURES

Section 9.01

Supplemental Indentures

Without the Consent of Securityholders

Section 9.02

Supplemental Indentures

with Consent of Securityholders

Section 9.03

Effect of Supplemental

Indentures

Section 9.04

Securities Affected

by Supplemental Indentures

Section 9.05

Execution of Supplemental

Indentures

Article X SUCCESSOR

Section 10.01

Consolidation, Merger

and Sale of Assets

Section 10.02

Successor Person Substituted

Article XI

SATISFACTION AND DISCHARGE

Section 11.01

Applicability of Article

Section 11.02

Satisfaction and Discharge

of Indenture

Section 11.03

Defeasance and Discharge

of Obligations; Covenant Defeasance

Section 11.04

Deposited Funds to be

Held in Trust

Section 11.05

Payment of Funds Held

by Paying Agents

Section 11.06

Repayment to the Company

or a Guarantor

Section 11.07

Reinstatement

Article XII

IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS

Section 12.01

No Recourse

Article XIII

MISCELLANEOUS PROVISIONS

Section 13.01

Effect on Successors

and Assigns

Section 13.02

Actions by Successor

Section 13.03

Notices

Section 13.04

Governing Law

Section 13.05

Treatment of Securities

as Debt

Section 13.06

Compliance Certificates

and Opinions

Section 13.07

Payments on Business

Days

Section 13.08

Conflict with Trust

Indenture Act

Section 13.09

Counterparts

Section 13.10

Separability

Section 13.11

No Adverse Interpretation

of Other Agreements

Section 13.12

Table of Contents, Headings,

Etc

Section 13.13

Consent to Jurisdiction

and Service of Process

Section 13.14

Waiver of Jury Trial

Section 13.15

USA Patriot Act

Section 13.16

Force Majeure

Article XIV

ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS

Section 14.01

Redemption Upon Changes

in Withholding Taxes

Section 14.02

Payment of Additional

Amounts

Article XV

GUARANTEES

Section 15.01

Guarantee

Section 15.02

Execution and Delivery

of Guarantee

Section 15.03

Release of Guarantee

iii

Cross

Reference Table*

Section of

Trust Indenture Act

of 1939, as amended

Section of

Indenture

310(a)

7.09

310(b)

7.08

7.10

310(c)

Inapplicable

311(a)

7.13

311(b)

7.13

311(c)

Inapplicable

312(a)

5.01

5.02(a)

312(b)

5.02(b)

312(c)

5.02(b)

313(a)

5.04(a)

313(b)

5.04(b)

313(c)

5.04(b)

5.04(c)

313(d)

5.04(c)

314(a)

5.03

314(b)

Inapplicable

314(c)

13.06

314(d)

Inapplicable

314(e)

13.06

314(f)

Inapplicable

315(a)

7.01

315(b)

6.01(c)

315(c)

7.01(a)

315(d)

7.01(b)

315(e)

6.07

316(a)

6.06,

8.04

316(b)

6.04

316(c)

8.01

317(a)

6.02

317(b)

4.03

318(a)

13.08

* This

Cross-Reference Table does not constitute part of the Indenture and shall not have any bearing

on the interpretation of any of its terms or provisions.

THIS INDENTURE is

dated as of September 29, 2026 among HOFFMAN SCHROFF HOLDINGS, INC., a Delaware corporation (the “Company”),

NVENT ELECTRIC PLC, an Irish public limited company (“nVent”), Nvent Finance

S.à r.l., a Luxembourg private limited liability company (société à responsabilité

limitée) with a registered office at 26, Boulevard Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg and registered with

the Luxembourg Trade and Companies Register under number B 219.846 (“nVent Finance”), and U.S. BANK TRUST COMPANY,

NATIONAL ASSOCIATION, a national banking association (the “Trustee”).

RECITALS

A.           This

Indenture provides for the issuance of unsecured debt securities (the “Securities”), in an unlimited aggregate principal

amount to be issued from time to time in one or more series, to be authenticated by the certificate of the Trustee, and for guarantees

of the Securities.

B.            This

Indenture is subject to the provisions of the Trust Indenture Act (as defined below) that are deemed to be incorporated into this Indenture

and shall, to the extent applicable, be governed by such provisions.

C.            All

things necessary to make this Indenture a legal, valid and binding agreement, in accordance with its terms, have been done.

NOW, THEREFORE,

in consideration of the premises and the purchase of the Securities by the holders thereof, it is mutually covenanted and agreed as follows

for the equal and ratable benefit of the holders of Securities:

Article I

DEFINITIONS

Section 1.01

Definitions of Terms.

The terms defined

in this Section 1.01 (except as in this Indenture otherwise expressly provided or unless the context otherwise requires) for all

purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section 1.01

and shall include the plural as well as the singular. All other terms used in this Indenture that are defined in the Trust Indenture

Act or that are by reference in the Trust Indenture Act defined in the Securities Act of 1933, as amended (the “Securities Act”)

(except as herein otherwise expressly provided or unless the context otherwise requires), shall have the meanings assigned to such terms

in the Trust Indenture Act and in the Securities Act as in force at the date of the execution of this instrument. All accounting terms

used herein and not expressly defined shall have the meanings assigned to such terms in accordance with generally accepted accounting

principles, and, except to the extent provided otherwise herein or in any supplemental indenture, the term “generally accepted

accounting principles” means such accounting principles as are generally accepted in the United States at the time of any computation.

“144A Global

Security”, with respect to any series of Securities, means one or more Global Securities bearing the Private Placement Legend

that will be issued in an aggregate amount of denominations equal in total to the outstanding principal amount of the Securities of such

series sold in global form in reliance on Rule 144A.

“Additional

Amounts” has the meaning set forth in Section 14.02.

“Affiliate”,

with respect to 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, “control” when used with respect to any specified

Person means the power to direct the management and policies of such Person, directly or indirectly, whether through ownership of voting

securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative

to the foregoing.

“Applicable

Procedures”, with respect to any transfer or exchange of or for beneficial interests in any Global Security for a series of

Securities, means the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange

at the relevant time.

“Authenticating

Agent” means an authenticating agent with respect to all or any of the series of Securities appointed with respect to all or

any series of the Securities by the Trustee pursuant to Section 2.10.

“Authentication

Order” has the meaning set forth in Section 2.04.

“Board

of Directors” means the board of directors or board of managers, as applicable, of the Company or a Guarantor, as applicable,

or any duly authorized committee of such board of directors or board of managers, as applicable.

“Board

Resolution” means a copy of a resolution certified by the Secretary, an Assistant Secretary or another Officer of the Company

or a Guarantor, as applicable, to have been duly adopted by its Board of Directors and to be in full force and effect on the date of

such certification.

“Business

Day” means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in The City

of New York are authorized or obligated by law or executive order to close.

“Capital

Stock” of any Person means any and all shares, interests, participations, rights in or other equivalents (however designated)

of such Person’s capital stock, other equity interests whether now outstanding or issued after the date of this Indenture, partnership

interests (whether general or limited), any other interest or participation that confers on a Person the right to receive a share of

the profits and losses of, or distributions of assets of, the issuing Person and any rights (other than debt securities convertible into

Capital Stock), warrants or options exchangeable for or convertible into such Capital Stock.

“Clearstream”

means Clearstream Banking S.A., or its successors.

“Code”

means the U.S. Internal Revenue Code of 1986, as amended.

“Commission”

means the Securities and Exchange Commission.

“Company”

means Hoffman Schroff Holdings, Inc. until a successor entity shall have become such pursuant

to Article X, and thereafter “Company” shall mean such successor entity.

“Corporate

Trust Office” 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 hereof is located at U.S. Bank Trust Company, National Association, 60 Livingston Avenue, St.

Paul, MN 55107, Attention: Global Corporate Trust Services, or such other address as the Trustee may designate from time to time by notice

to the Securityholders and the Company, or the designated corporate trust office of any successor Trustee (or such other address as such

successor Trustee may designate from time to time by notice to the Securityholders and the Company).

“CSC”

has the meaning set forth in Section 13.13.

“Currency”

means Dollars or Foreign Currency.

“Default”

means any event, act or condition that with notice or lapse of time, or both, would constitute an Event of Default.

“Defaulted

Interest” has the meaning set forth in Section 2.03.

“Definitive

Security” means a certificated Security registered in the name of the Securityholder thereof and issued in accordance with

Section 2.05.

“Depositary”,

with respect to Securities of any series which the Company shall determine will be issued in whole or in part as a Global Security, means

The Depository Trust Company (“DTC”), New York, New York, another clearing agency, or any successor registered as

a clearing agency under the Exchange Act, and any other applicable U.S. or foreign statute or regulation, which, in each case, shall

be designated by the Company pursuant to Section 2.01.

“Designated

Currency” has the meaning set forth in Section 2.15.

“Distribution

Compliance Period” means the restricted period as defined in Rule 903(b)(3) under the Securities Act.

“Dollar”

or “$” means such currency of the United States as at the time of payment is legal tender for the payment of public

and private debts.

“Dollar

Equivalent” means, with respect to any monetary amount in a Foreign Currency, at any time for the determination thereof, the

amount of Dollars obtained by converting such Foreign Currency involved in such computation into Dollars at the spot rate for the purchase

of Dollars with the applicable Foreign Currency as quoted by JPMorgan Chase Bank, N.A. (unless another comparable financial institution

is designated by the Company) in New York, New York, at approximately 11:00 a.m. (New York time) on the date two business days prior

to such determination.

“Euroclear”

means Euroclear Bank S.A./N.V., or its successor, as operator of the Euroclear System.

“Event

of Default”, with respect to Securities of a particular series, means any event specified in Section 6.01, continued for

the period of time, if any, therein designated.

“Exchange

Act” means the Securities Exchange Act of 1934, as amended.

“Foreign

Currency” means a currency, currency unit or composite currency, including the euro, issued by the government of one or more

countries other than the United States or by any recognized confederation or association of such governments or a composite currency

the value of which is determined by reference to the values of the currencies of any group of countries.

“Global

Security”, with respect to any series of Securities, means a Security executed by the Company and delivered by the Trustee

to the Depositary or pursuant to the Depositary’s instruction, all in accordance with this Indenture, which shall be registered

in the name of the Depositary or its nominee.

“Governmental

Obligations” means securities that are (i) direct obligations of the United States for the payment of which its full faith

and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of

the United States, the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States that,

in either case, are not callable or redeemable at the option of the issuer thereof, and shall also include a depositary receipt issued

by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any such Governmental Obligation

or a specific payment of principal of or interest on any such Governmental Obligation held by such custodian for the account of the holder

of such depositary receipt; provided, however, that (except as required by law) such custodian is not authorized to make any deduction

from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the Governmental

Obligation or the specific payment of principal of or interest on the Governmental Obligation evidenced by such depositary receipt.

“Guarantee”

with respect to Securities of any series which the Company shall determine will be guaranteed by another Person, means the unconditional

and unsubordinated guarantee by a Guarantor of the due and punctual payment of principal of and interest on a series of Securities when

and as the same shall become due and payable, whether at the stated maturity, by acceleration, call for redemption, required repurchase

or otherwise in accordance with the terms of the Securities of such series and this Indenture.

“Guarantor”

shall mean any Person providing a Guarantee of the Securities of any series pursuant to Article XV.

“herein,”

“hereof” and “hereunder,” and other words of similar import, refer to this Indenture as a whole

and not to any particular Article, Section or other subdivision.

“including”

means including without limitation.

“Indenture”

means this instrument as originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental

hereto entered into in accordance with the terms hereof.

“Indirect

Participant” means any entity that, with respect to the Depositary, clears through or maintains a direct or indirect, custodial

relationship with a Participant.

“Interest

Payment Date,” when used with respect to any installment of interest on a Security of a particular series, means the date specified

herein, in such Security or in a Board Resolution or in an indenture supplemental hereto with respect to such series as the fixed date

on which an installment of interest with respect to Securities of that series is due and payable.

“nVent”

means nVent Electric plc until a successor entity shall have become such pursuant to Article X,

and thereafter “nVent” shall mean such successor entity.

“nVent

Finance” means nVent Finance S.à r.l. until a successor entity shall have become

such pursuant to Article X, and thereafter “nVent” shall mean such successor entity.

“Officer”

means any director, any manager, any managing director or managing officer, the chairman or any vice chairman of the Board of Directors,

the chief executive officer, the president, the chief financial officer, any vice president, the treasurer, any assistant treasurer,

the secretary or any assistant secretary, or any Person duly authorized to act for or on behalf of, the Company or a Guarantor, as the

case may be.

“Officer’s

Certificate” means a certificate, signed by any Officer of the Company or a Guarantor, as the case may be, that is delivered

to the Trustee in accordance with the terms hereof. Each such certificate shall include the statements provided for in Section 13.06,

if and to the extent required by the provisions thereof.

“Opinion

of Counsel” means an opinion in writing of legal counsel, who may be an Officer or employee of or counsel for the Company or

a Guarantor, as applicable, that is delivered to the Trustee in accordance with the terms hereof. Each such opinion shall include the

statements provided for in Section 13.06, if and to the extent required by the provisions thereof.

“Original

Issue Discount Security” means a Security that provides for an amount less than the principal amount thereof to be due and

payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01.

“Outstanding”,

when used with reference to Securities of any series, subject to the provisions of Section 8.04, means, as of any particular time,

all Securities of such series authenticated and delivered by the Trustee under this Indenture, except:

(a)           Securities

theretofore canceled by the Trustee or delivered to the Trustee for cancellation;

(b)           Securities,

or portions thereof, for the payment or redemption of which funds in the necessary amount shall have been deposited in trust with the

Trustee or with any paying agent other than the Company, or, if the Company shall act as its own paying agent, shall have been set aside,

segregated and held in trust by the Company for the Holders of such Securities, provided that if such Securities, or portions thereof,

are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as herein provided, or provision satisfactory

to the Trustee shall have been made for giving such notice; and

in substitution for which other Securities shall have been authenticated and delivered, or which shall have been paid, pursuant to the

terms of Section 2.07, except with respect to any such Security as to which proof satisfactory to the Trustee is presented that

such Security is held by a person in whose hands such Security is a legal, valid and binding obligation of the Company.

In determining whether

the holders of the requisite principal amount of Outstanding Securities of any series have given any request, demand, authorization,

direction, notice, consent or waiver hereunder, the principal amount of an Original Issue 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 6.01 and the principal amount of a Security denominated

in one or more currencies that shall be deemed to be Outstanding for such purposes shall be based on the Dollar Equivalent, on the date

of original issuance of such Security, of the principal amount of such Security.

“Participant”,

with respect to the Depositary, Euroclear or Clearstream, means a Person who has an account with the Depositary, Euroclear or Clearstream,

respectively (and, with respect to DTC, shall include Euroclear and Clearstream).

“Periodic

Offering” means an offering of Securities of a series from time to time, during which any or all of the specific terms of the

Securities, including the rate or rates of interest, if any, thereon, the maturity or maturities thereof and the redemption provisions,

if any, with respect thereto, are to be determined by the Company or its agents upon the issuance of such Securities in accordance with

the terms of the relevant Supplemental Indenture.

“Person”

means any individual, corporation, limited liability company, partnership, joint venture, joint-stock company, unincorporated organization

or government or any agency or political subdivision thereof.

“Predecessor

Security” of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced

by such particular Security. For the purposes of this definition, any Security authenticated and delivered under Section 2.07 in

lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security.

“Private

Placement Legend” means the legend set forth in Section 2.02(b) to be placed on all Restricted Securities issued

under this Indenture or pursuant to a Board Resolution or an indenture supplemental hereto with respect to a series of Securities, except

where specifically stated otherwise by the provisions of this Indenture, such Board Resolution or such supplemental indenture.

“QIB”

means a “qualified institutional buyer” as defined in Rule 144A.

“Regulation

S Global Security” means, with respect to any series of Securities, a Regulation S Temporary Global Security of such series,

if required by Rule 903 of Regulation S, or a Regulation S Permanent Global Security of such series, as the case may be.

“Regulation

S Permanent Global Security”, with respect to any series of Securities, means one or more permanent Global Securities bearing

the Private Placement Legend, that will be issued in an aggregate amount of denominations equal in total to the outstanding principal

amount of the Securities of such series initially sold or, if required by Rule 903 of Regulation S, of the Regulation S Temporary

Global Security of such series upon expiration of the Distribution Compliance Period with respect to such series, as the case may be.

“Regulation

S Temporary Global Security”, with respect to any series of Securities, means one or more temporary Global Securities, bearing

the Private Placement Legend and the Regulation S Temporary Global Security Legend, issued in an aggregate amount of denominations equal

in total to the outstanding principal amount of the Securities of such series initially sold, if required by Rule 903 of Regulation

“Regulation

S Temporary Global Security Legend” means the legend set forth in Section 2.02(d), which is required to be placed on all

Regulation S Temporary Global Securities issued under this Indenture.

“Regulation

S” means Regulation S promulgated under the Securities Act, as it may be amended from time to time, and any successor provision

thereto.

“Responsible

Officer” means, when used with respect to the Trustee, any vice president, any trust officer, any assistant trust officer,

any assistant vice president, any assistant treasurer, or any other officer of the Trustee customarily performing functions similar to

those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred

because of his knowledge of and familiarity with the particular subject and who shall have direct responsibility for the administration

of this Indenture.

“Restricted

Definitive Security”, with respect to any series of Securities, means one or more Definitive Securities of such series bearing

the Private Placement Legend issued under this Indenture.

“Restricted

Global Security”, with respect to any series of Securities, means one or more Global Securities of such series bearing the

Private Placement Legend, issued under this Indenture.

“Restricted

Security”, with respect to any series of Securities, means a Security of such series, unless or until it has been (i) effectively

registered under the Securities Act and disposed of in accordance with a registration statement with respect to such series or (ii) distributed

to the public pursuant to Rule 144 under the Securities Act or any similar provision then in force.

“Rule 144A”

means Rule 144A promulgated under the Securities Act, as it may be amended from time to time, and any successor provision thereto.

“Securities”

means the securities authenticated and delivered under this Indenture.

“Securityholder,”

“Holder,” “holder of Securities,” “registered holder,” or other similar term,

means the Person or Persons in whose name or names a particular Security shall be registered on the books of the Company kept for that

purpose in accordance with the terms of this Indenture.

“Security

Registrar” has the meaning set forth in Section 2.05(a).

“Stated

Maturity”, with respect to any Security, means the date specified in such security as the fixed date on which the payment of

principal of such security is due and payable, including pursuant to any mandatory redemption provision, but excluding any provision

providing for the repurchase of such security at the option of the holder thereof upon the happening of any contingency beyond the control

of the issuer unless such contingency has occurred.

“Subsidiary”,

with respect to any Person, means any other Person of which at least a majority of the outstanding Voting Stock at the time is owned

or controlled directly or indirectly by such Person or by one or more Subsidiaries of such Person or by such Person and one or more Subsidiaries

of such Person.

“Taxes”

has the meaning set forth in Section 14.02.

“Taxing

Jurisdiction” has the meaning set forth in Section 14.01.

“Trustee”

means U.S. Bank Trust Company, National Association and, subject to the provisions of Article VII, shall include its successors

and assigns. The term “Trustee” as used with respect to a particular series of the Securities shall mean the Trustee with

respect to that series.

“Trust

Indenture Act” means the Trust Indenture Act of 1939, as amended, as in effect at the date of execution of this instrument

subject to the provisions of Sections 9.01, 9.02, and 10.01.

“Unrestricted

Definitive Security”, with respect to any series of Securities, means one or more Definitive Securities representing such series

of Securities that do not bear and are not required to bear the Private Placement Legend, issued under this Indenture.

“Unrestricted

Global Security”, with respect to any series of Securities, means one or more permanent Global Securities representing such

series of Securities that do not bear and are not required to bear the Private Placement Legend, issued under this Indenture.

“Unrestricted

Securities”, with respect to any series of Securities, means a Security (i) effectively registered under the Securities

Act and disposed of in accordance with a registration statement with respect to such series or (ii) distributed to the public pursuant

to Rule 144 under the Securities Act or any similar provision then in force.

“Voting

Stock” of a Person means Capital Stock of such Person of the class or classes pursuant to which the holders thereof have the

general voting power under ordinary circumstances to elect at least a majority of the board of directors, managers or trustees of such

Person, irrespective of whether or not at the time Capital Stock of any other class or classes shall have or might have voting power

by reason of the happening of any contingency.

Article II

ISSUE, DESCRIPTION, TERMS, EXECUTION,

REGISTRATION AND

EXCHANGE OF SECURITIES

Section 2.01          Designation

and Terms of Securities.

(a)           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 up to the aggregate principal amount of Securities of that series from time to time authorized by or

pursuant to a Board Resolution of the Company or pursuant to one or more indentures supplemental hereto. Prior to the initial issuance

of Securities of any series, there shall be established in or pursuant to a Board Resolution of the Company, and set forth in an Officer’s

Certificate of the Company, or established in one or more indentures supplemental hereto, with respect to the Securities of the series:

(1)           the

title of the Security of the series, which shall distinguish the Securities of the series from all other Securities;

(2)           any

limit upon the aggregate principal amount of the Securities of that series that may be authenticated and delivered under this Indenture,

except for Securities authenticated and delivered upon registration of transfer of, or in exchange for or in lieu of, other Securities

of that series;

(3)           the

date or dates on which the principal and premium, if any, of the Securities of the series is payable;

(4)           the

rate or rates, which may be fixed or variable, at which the Securities of the series shall bear interest or the manner of calculation

of such rate or rates, if any, including any procedures to vary or reset such rate or rates, and the basis upon which interest will be

calculated if other than that of a 360 day year of twelve 30-day months;

(5)           the

date or dates from which such interest shall accrue, the Interest Payment Dates on which such interest will be payable or the manner

of determination of such Interest Payment Dates, and the record date for the determination of holders to whom interest is payable on

any such Interest Payment Dates;

(6)           any

trustees, authenticating agents or paying agents with respect to such series, if different from those set forth in this Indenture;

(7)           the

right, if any, to extend the interest payment periods or defer the payment of interest and the duration of such extension or deferral;

(8)           the

period or periods within which, the price or prices at which and the terms and conditions upon which, Securities of the series may be

redeemed, in whole or in part, at the option of the Company;

(9)           the

obligation, if any, of the Company to redeem, purchase or repay Securities of the series pursuant to any sinking fund or analogous provisions,

including payments made in cash in anticipation of future sinking fund obligations, or at the option of a holder thereof and the period

or periods within which, the price or prices at which, and the terms and conditions upon which, Securities of the series shall be redeemed,

purchased or repaid, in whole or in part, pursuant to such obligation;

(10)         the

form of the Securities of the series including the form of the Trustee’s certificate of authentication for such series;

(11)         if

other than denominations of $2,000 or any integral multiple of $1,000 in excess thereof, the denominations in which the Securities of

the series shall be issuable;

(12)         if

other than Dollars, the Currency or Currencies in which payment of the principal of, premium, if any, and interest on, Securities of

the series shall be payable;

(13)         if

the principal amount payable at the Stated Maturity of Securities of the series will not be determinable as of any one or more dates

prior to such Stated Maturity, the amount which will be deemed to be such principal amount as of any such date for any purpose, including

the principal amount thereof that will be due and payable upon declaration of the maturity thereof pursuant to Section 6.01 or upon

any maturity other than the Stated Maturity or that will be deemed to be Outstanding as of any such date, or, in any such case, the manner

in which such deemed principal amount is to be determined;

(14)         the

terms of any repurchase or remarketing rights;

(15)         if

the Securities of the series shall be issued in whole or in part in the form of a Global Security or Securities, the type of Global Security

to be issued; the terms and conditions, if different from those contained in this Indenture, upon which such Global Security or Securities

may be exchanged in whole or in part for other individual Securities in definitive registered form; the Depositary for such Global Security

or Securities; and the form of any legend or legends to be borne by any such Global Security or Securities in addition to or in lieu

of the legends referred to in Section 2.02;

(16)         whether

the Securities of the series will be convertible into or exchangeable for other Securities, common shares or other securities of any

kind of the Company or another obligor, and, if so, the terms and conditions upon which such Securities will be so convertible or exchangeable,

including the initial conversion or exchange price or rate or the method of calculation, how and when the conversion price or exchange

ratio may be adjusted, whether conversion or exchange is mandatory, at the option of the holder or at the Company’s option, the

conversion or exchange period, and any other provision in addition to or in lieu of those described herein;

(17)         any

additional restrictive covenants or Events of Default that will apply to the Securities of the series, or any changes to the restrictive

covenants set forth in Article IV or the Events of Default set forth in Section 6.01 that will apply to the Securities of the

series, which may consist of establishing different terms or provisions from those set forth in Article IV or Section 6.01

or eliminating any such restrictive covenant or Event of Default with respect to the Securities of the series;

(18)         any

provisions granting special rights to holders when a specified event occurs;

(19)         if

the amount of principal of or any premium or interest on Securities of a series may be determined with reference to an index or pursuant

to a formula, the manner in which such amounts will be determined;

(20)         any

special tax implications of the Securities, including provisions for original issue discount securities, if offered;

(21)         whether

and upon what terms Securities of a series may be defeased if different from the provisions set forth in this Indenture;

(22)         with

regard to the Securities of any series that do not bear interest, the dates for certain required reports to the Trustee;

(23)         whether

the Securities of the series will be issued as Unrestricted Securities or Restricted Securities, and, if issued as Restricted Securities,

the rule or regulation promulgated under the Securities Act in reliance on which they will be sold;

(24)         whether

the Securities of the series shall be issued with Guarantees and, if so, the identity of any Guarantor (including whether nVent and/or

nVent Finance shall be a Guarantor under the series) and the terms, if any, of any Guarantee of the payment of principal and interest,

if any, with respect to Securities of the series and any corresponding changes to the provisions of this Indenture as then in effect;

and

(25)         any

and all additional, eliminated or changed terms that shall apply to the Securities of the series, including any terms that may be required

by or advisable under United States laws or regulations, including the Securities Act and the rules and regulations promulgated

thereunder, or advisable in connection with the marketing of Securities of that series.

(b)          All

Securities of any one series shall be substantially identical except that Securities of any particular series may be issued at various

times, in different denominations, with different Currency of payments due thereunder, with different dates on which the principal or

any installment of principal is payable, with different rates of interest, if any, or different methods by which rates of interest may

be determined, with different dates from which such interest may accrue or on which such interest may be payable, and with different

redemption dates, and except as may otherwise be provided in or pursuant to any such Board Resolution or in any supplemental indenture.

If any of the terms of the series are established by action taken pursuant to a Board Resolution of the Company, a copy of an appropriate

record of such action shall be certified by the Secretary or an Assistant Secretary of the Company and delivered to the Trustee at or

prior to the delivery of the Officer’s Certificate of the Company setting forth the terms of the series. The terms of the Securities

of any series may provide that such Securities shall be authenticated and delivered by the Trustee upon original issuance from time to

time upon written order of persons designated in such Board Resolution or supplemental indenture and that such persons are authorized

to determine, consistent with such Board Resolution or supplemental indenture, such terms and conditions of the Securities of such series.

Section 2.02          Form of

Securities and Trustee’s Certificate.

(a)           The

Securities of any series and the Trustee’s certificate of authentication to be borne by such Securities shall be substantially

of the tenor set forth in an indenture supplemental hereto or as provided in a Board Resolution of the Company and as set forth in an

Officer’s Certificate of the Company and may have such letters, numbers or other marks of identification or designation and such

legends or endorsements printed, lithographed or engraved thereon as the Company may deem appropriate and as are not inconsistent with

the provisions of this Indenture, any Board Resolution or any indenture supplemental hereto, or as may be required to comply with any

law or with any rule or regulation made pursuant thereto or with any rule or regulation of any stock exchange on which Securities

of that series may be listed, or to conform to usage.

(b)           Each

Restricted Security (and all Restricted Securities issued in exchange therefor or substitution thereof) shall bear a Private Placement

Legend in substantially the following form:

“THE

SECURITY (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF

THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE SECURITY EVIDENCED HEREBY MAY NOT

BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF

THE SECURITY EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5

OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE SECURITY EVIDENCED HEREBY AGREES FOR THE BENEFIT OF THE COMPANY

THAT (A) SUCH SECURITY MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (1)(a) INSIDE THE UNITED STATES TO A PERSON

WHO THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) PURCHASING FOR

ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE

SECURITIES ACT, (b) OUTSIDE THE UNITED STATES TO A NON-U.S. PERSON IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE

904 OF REGULATION S UNDER THE SECURITIES ACT, (c) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY

RULE 144 THEREUNDER (IF APPLICABLE) (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY IF THE COMPANY SO REQUESTS) OR (d) IN

ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE

TO THE COMPANY IF THE COMPANY SO REQUESTS), (2) TO THE COMPANY OR (3) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT AND, IN

EACH CASE, IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION

AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY PURCHASER OF THE SECURITY EVIDENCED HEREBY OF THE

RESALE RESTRICTIONS SET FORTH IN CLAUSE (A) ABOVE. NO REPRESENTATION CAN BE MADE AS TO THE AVAILABILITY OF THE EXEMPTION PROVIDED

BY RULE 144 FOR RESALE OF THE SECURITY EVIDENCED HEREBY.”

the extent required by the Depositary for particular series of Securities, each Global Security of such series shall bear legends in

substantially the following forms:

“THIS

GLOBAL SECURITY IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS SECURITY) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT

OF THE HOLDERS OF BENEFICIAL INTERESTS HEREIN, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (I) THE

TRUSTEE MAY MAKE ANY SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO THE INDENTURE, (II) THIS GLOBAL SECURITY MAY BE

EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO Section 2.05(c) OF THE INDENTURE,

(III) THIS GLOBAL SECURITY MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO THE INDENTURE AND (IV) THIS GLOBAL

SECURITY MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE COMPANY.”

“UNLESS

AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS SECURITY MAY NOT BE TRANSFERRED EXCEPT

AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR TO ANOTHER NOMINEE

OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS

THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER,

EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF ANY ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE

OF THE DEPOSITARY (AND ANY PAYMENT IS MADE TO SUCH ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY),

ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF

HAS AN INTEREST HEREIN.”

(d)           To

the extent required by the Depositary, each Regulation S Temporary Global Security shall bear a legend in substantially the following

form:

“THE

RIGHTS ATTACHING TO THIS REGULATION S TEMPORARY GLOBAL SECURITY, AND THE CONDITIONS AND PROCEDURES GOVERNING ITS EXCHANGE FOR DEFINITIVE

SECURITIES, ARE AS SPECIFIED IN THE INDENTURE (AS DEFINED HEREIN). NEITHER THE HOLDER NOR THE HOLDER OF BENEFICIAL INTERESTS IN THIS

REGULATION S TEMPORARY SECURITY SHALL BE ENTITLED TO RECEIVE CASH PAYMENTS OF INTEREST DURING THE PERIOD WHICH SUCH HOLDER HOLDS THIS

SECURITY. NOTHING IN THIS LEGEND SHALL BE DEEMED TO PREVENT INTEREST FROM ACCRUING ON THIS SECURITY.”

Section 2.03          Denominations;

Provisions for Payment.

The Securities shall

be issuable as registered Securities and in the denominations of $2,000 or any integral multiple of $1,000 in excess thereof, subject

to Section 2.01(a)(11). The Securities of a particular series shall bear interest payable on the dates and at the rate specified

as provided in Section 2.01 with respect to that series. The principal of and the interest on the Securities of any series, as well

as any premium thereon in case of redemption thereof prior to maturity, shall be payable in Dollars except as otherwise specified pursuant

to Section 2.01(a)(12), at the office or agency of the Company maintained for that purpose pursuant to Section 4.02. Each Security

shall be dated the date of its authentication. Unless otherwise specified with respect to a series of Securities in accordance with the

provisions of Section 2.01(a)(4), interest on the Securities shall be computed on the basis of a 360-day year composed of twelve

30-day months.

The interest installment

on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for Securities of that series

shall be paid to the Person in whose name said Security (or one or more Predecessor Securities) is registered at the close of business

on the regular record date for such interest installment. In the event that any Security of a particular series or portion thereof is

called for redemption and the redemption date is subsequent to a regular record date with respect to any Interest Payment Date and prior

to such Interest Payment Date, interest on such Security will be paid upon presentation and surrender of such Security as provided in

Section 3.03.

Unless otherwise

set forth in a Board Resolution or one or more indentures supplemental hereto establishing the terms of any series of any Securities

pursuant to Section 2.01, the term “regular record date” as used in this Section 2.03 with respect to a series

of Securities shall mean a date 15 days immediately preceding any Interest Payment Date, whether or not such day is a Business Day. Subject

to the provisions of this Section 2.03, each Security of a series delivered under this Indenture upon registration of transfer or

in exchange for or in lieu of any other Security of such series shall carry the rights to interest accrued and unpaid, and to accrue,

that were carried by such other Security.

Unless otherwise

specified with respect to a series of Securities in accordance with the provisions of Section 2.01, any interest on any Security

that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date for such Security (“Defaulted

Interest”) shall forthwith cease to be payable to the registered holder on the relevant regular record date, and such Defaulted

Interest shall be paid by the Company, at its election, as provided in clause (1) or clause (2) below.

(1)            The

Company may make payment of any Defaulted Interest on Securities to the Persons in whose names such Securities (or their respective Predecessor

Securities) are registered at the close of business on a special record date for the payment of such Defaulted Interest, which shall

be fixed in the following manner: the Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be

paid on each such Security and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee funds

in an amount equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory

to the Trustee for such deposit prior to the date of the proposed payment, such funds when deposited to be held in trust for the benefit

of the Persons entitled to such Defaulted Interest as provided in this clause (1). Thereupon the Trustee shall fix a special record date

for the payment of such Defaulted Interest which shall not be more than 15 nor less than ten days prior to the date of the proposed payment

and not less than ten days after the receipt by the Trustee of the notice of the proposed payment. The Trustee promptly shall notify

the Company of such special record date and, in the name and at the expense of the Company, shall cause notice of the proposed payment

of such Defaulted Interest and the special record date therefor to be mailed, first class postage prepaid, to each Securityholder at

his or her address as it appears in the Security Register, not less than ten days prior to such special record date. Notice of the proposed

payment of such Defaulted Interest and the special record date therefor having been mailed as aforesaid, such Defaulted Interest shall

be paid to the Persons in whose names such Securities, or their respective Predecessor Securities, are registered on such special record

date and shall not be payable pursuant to the following clause (2).

(2)           The

Company may make payment of any Defaulted Interest on any Securities in any other lawful manner not inconsistent with the requirements

of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange.

Section 2.04          Execution

and Authentications.

The Securities shall

be signed on behalf of the Company in accordance with the articles of association of the Company, the relevant Board Resolution or by

any one Officer of the Company. Signatures may be in the form of a manual or facsimile signature. In the case of Definitive Securities

of any series, such signatures may be imprinted or otherwise reproduced on such Securities. The Securities may contain such notations,

legends or endorsements required by law, stock exchange rule or usage. Each Security shall be dated the date of its authentication

by the Trustee.

A Security shall

not be valid until authenticated manually by an authorized signatory of the Trustee or by an Authenticating Agent. Such signature shall

be conclusive evidence, and the only evidence, that the Security so authenticated has been duly authenticated and delivered hereunder.

At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series

executed by the Company, with the form of Guarantee thereon executed by any Guarantor thereof, if applicable, to the Trustee for authentication,

together with a written order of the Company for the authentication and delivery of such Securities, signed by an Officer (an “Authentication

Order”), and the Trustee in accordance with such written order shall authenticate and deliver such Securities.

Notwithstanding

the provisions of Section 2.01 and the preceding paragraph, in the case of Securities offered in a Periodic Offering, the Trustee

shall authenticate and deliver such Securities from time to time in accordance with an Authentication Order or such other procedures

acceptable to the Trustee as may be specified by or pursuant to a supplemental indenture or the written order of the Company delivered

to the Trustee prior to the time of the first authentication of Securities of such series. With respect to Securities of a series subject

to a Periodic Offering, the Trustee conclusively may rely, as to the authorization by the Company of any such Securities, the forms and

terms thereof and the legality, validity, binding effect and enforceability thereof, upon the written order of the Company, Opinion of

Counsel, Officer’s Certificate and other documents delivered pursuant to this Section 2.04 at or prior to the time of the

first authentication of Securities of such series unless and until such written order, Opinion of Counsel, Officer’s Certificate

or other documents have been superseded or revoked, and written notice thereof is provided to Trustee, or expire by their terms.

Section 2.05           Transfer

and Exchange.

(a)           Registration

of Transfer and Exchange. The Company shall keep, or cause to be kept, at its office or agency designated for such purpose as provided

in Section 4.02, a register or registers (the “Security Register”) in which, subject to such reasonable regulations

as it may prescribe, the Company shall register the Securities and the transfers of Securities as provided in this Article II and

which at all reasonable times shall be open for inspection by the Trustee. The registrar for the purpose of registering Securities and

the transfer of Securities as herein provided shall be appointed as authorized by Board Resolution (the “Security Registrar”).

If the Company fails to appoint or maintain another entity as Security Registrar, the Trustee shall act as such. The Company or any of

its Subsidiaries may act as Security Registrar.

To permit registrations

of transfers and exchanges, the Company shall execute a new Security or Securities of the same series as the Security presented for a

like aggregate principal amount and in authorized denominations, and any Guarantor thereof shall execute the form of Guarantee or Guarantees

thereon, and the Trustee shall authenticate and deliver such Security or Securities upon receipt of an Authentication Order. The Trustee

shall not be required to register the transfer of or exchange any Security selected for redemption in whole or in part, except the unredeemed

portion of any Security being redeemed in part.

All Securities issued

upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company and any Guarantor thereof,

evidencing the same indebtedness as the Securities surrendered upon such registration of transfer or exchange. Prior to such due presentment

for the registration of a transfer of any Security, the Trustee, the Company, any paying agent and the Security Registrar may deem and

treat the Person in whose name any Security is registered as the absolute owner of such Security for the purpose of receiving payment

of principal of and interest on such Securities and for all other purposes, and none of the Trustee, the Company, the paying agent or

the Security Registrar shall be affected by notice to the contrary.

All certifications,

Officer’s Certificates and Opinions of Counsel required to be submitted to the Trustee pursuant to this Section 2.05 to effect

a registration of transfer or exchange may be submitted by facsimile or sent electronically in PDF format, to be followed by delivery

of the original document to Trustee within three (3) Business Days of delivery by facsimile or PDF transmission.

(b)           Service

Charge. No service charge shall be payable by a holder of a beneficial interest in a Global Security or by a Holder of a Definitive

Security for any exchange or registration of transfer of Securities, or for any issue of new Securities in case of partial redemption

of any series. The Company, however, may require payment of a sum sufficient to cover any tax or other governmental charge in relation

thereto, other than any such taxes or other governmental charge payable upon exchange or registration of transfer pursuant to Sections

2.06, 3.03(b) and 9.04.

and Exchange of Global Securities. A Global Security may not be transferred except as a whole by the Depositary for a series of the

Securities to a nominee of such Depositary, by a nominee of such Depositary to such Depositary or to another nominee of such Depositary

or by such Depositary or any such nominee to a successor Depositary for a series of the Securities or a nominee of such successor Depositary.

If at any time (1) the Depositary for a series of the Securities notifies the Company that it is unwilling or unable to continue

as Depositary for such series or if at any time the Depositary for such series shall no longer be registered or in good standing under

the Exchange Act or other applicable statute or regulation, and a successor Depositary for such series is not appointed by the Company

within 90 days after the Company receives such notice or becomes aware of such condition, (2) there has occurred and is continuing

an Event of Default with respect to the Securities of a series or (3) the Company determines that the Securities of any series shall

no longer be represented by a Global Security then, in each case the provisions of Section 2.11 shall no longer apply to the Securities

of such series. In either such event the Company will execute the Definitive Securities of such series, in authorized denominations,

and in an aggregate principal amount equal to the principal amount of the Global Security of such series, and any Guarantor thereof,

if applicable, will execute the form of Guarantees thereon, and subject to this Section 2.05 the Trustee, upon receipt of an Officer’s

Certificate evidencing such determination by the Company, if applicable, will authenticate and deliver such Definitive Securities in

exchange for such Global Security. Upon the exchange of the Global Security of such series for such Definitive Securities of such series,

the Global Security shall be canceled by the Trustee. Such Definitive Securities shall be registered in such names and in such authorized

denominations as the Depositary, pursuant to instructions from its Participants or Indirect Participants or otherwise, shall in writing

instruct the Trustee. The Trustee shall deliver such Securities to the Depositary for delivery to the Persons in whose names such Securities

are so registered.

Except as provided

in Sections 2.06 and 2.07, a Global Security may not be exchanged for another Security other than as provided in this Section 2.05(c);

however, beneficial interests in a Global Security may be transferred and exchanged as provided in Section 2.05(d) or (e).

The provisions of this Section 2.05(c) are subject to Section 2.11.

(d)           Transfer

and Exchange of Beneficial Interests in the Global Securities. The transfer and exchange of beneficial interests in the Global Securities

of a series shall be effected through the Depositary, in accordance with the provisions of this Indenture, any Board Resolution and any

one or more indentures supplemental hereto, and the Applicable Procedures. Beneficial interests in the Restricted Global Securities of

a series shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act.

Transfers of beneficial interests in the Global Securities also shall require compliance with either subparagraph (1) or (2) below,

as applicable, as well as one or more of the other following subparagraphs, as applicable:

(1)            Transfer

of Beneficial Interests in the Same Global Security. Beneficial interests in any Restricted Global Security of a series may be transferred

to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Security in accordance with the

transfer restrictions set forth in the Private Placement Legend. Beneficial interests in any Unrestricted Global Security of a series

may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Security of such

series. Subject to Section 2.05(e)(4), no written orders or instructions shall be required to be delivered to the Security Registrar

to effect the transfers described in this Section 2.05(d)(1).

(2)            All

Other Transfers and Exchanges of Beneficial Interests in Global Securities. In connection with all transfers and exchanges of beneficial

interests that are not subject to Section 2.05(d)(1) above, the transferor of such beneficial interest must deliver to the

Security Registrar, as applicable, either:

(A)(1) an

order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures directing

the Depositary to credit or cause to be credited a beneficial interest in another Global Security of such series in an amount equal to

the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the relevant Applicable Procedures

containing information regarding the Participant account to be credited with such increase; or

(B)(1) an

order from a Participant or an Indirect Participant given to the Depositary in accordance with the relevant Applicable Procedures directing

the Depositary to cause to be issued a Definitive Security of such series in an amount equal to the beneficial interest to be transferred

or exchanged and (2) instructions given by the Depositary to the Security Registrar containing information regarding the Person

in whose name such Definitive Security shall be registered to effect the transfer or exchange referred to in (B)(1) above;

provided that in no event

shall Definitive Securities of a series be issued upon the transfer or exchange of beneficial interests in the Regulation S Temporary

Global Security of such series prior to (y) the expiration of the relevant Distribution Compliance Period and (z) the receipt

by the Security Registrar of any certificates identified by the Company or its counsel to be required pursuant to Rule 903 and Rule 904

under the Securities Act. Upon satisfaction of all the requirements for transfer and exchange of beneficial interests in Global Securities

of a series contained in this Indenture, any Board Resolution, or one or more indentures supplemental hereto and the Securities of such

series or otherwise applicable under the Securities Act, the Trustee shall adjust the principal amount of the relevant Global Security

or Securities of such series pursuant to Section 2.05(h).

(3)            Transfer

of Beneficial Interests to Another Restricted Global Security. A beneficial interest in any Restricted Global Security of a series

may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Security

of the same series if the transfer complies with the requirements of Section 2.05(d)(2) and the Security Registrar receives

a completed certificate in the form of Exhibit A.

(4)            Transfer

and Exchange of Beneficial Interests in a Restricted Global Security for Beneficial Interests in an Unrestricted Global Security.

A beneficial interest in any Restricted Global Security of any series may be exchanged by any holder thereof for a beneficial interest

in an Unrestricted Global Security of such series or transferred to a Person who takes delivery thereof in the form of a beneficial interest

in an Unrestricted Global Security of such series if the exchange or transfer complies with the requirements of Section 2.05(d)(2) above

and the Security Registrar receives a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable,

and an opinion of counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar and the Company to the effect

that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in

the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

If any

such transfer is effected at a time when an Unrestricted Global Security of such series has not yet been issued, the Company shall issue

and, upon receipt of an Authentication Order in accordance with Section 2.04, the Trustee shall authenticate one or more Unrestricted

Global Securities of such series in an aggregate principal amount equal to the aggregate principal amount of beneficial interests so

transferred. Beneficial interests in an Unrestricted Global Security of a series cannot be exchanged for, or transferred to Persons who

take delivery thereof in the form of, a beneficial interest in a Restricted Global Security of such series.

(e)           Transfer

or Exchange of Beneficial Interests for Definitive Securities.

(1)           Beneficial

Interests in Restricted Global Securities to Restricted Definitive Securities. If any holder of a beneficial interest in a Restricted

Global Security of a series proposes to exchange such beneficial interest for a Restricted Definitive Security of such series or to transfer

such beneficial interest to a Person who takes delivery thereof in the form of a Restricted Definitive Security of such series, then,

upon receipt by the Security Registrar of a completed certificate from such holder in the form of Exhibit A or Exhibit B, as

applicable, and certificates and opinions of counsel, if applicable, the Trustee, upon receipt of written instructions accompanied by

an Officer’s Certificate, shall cause the aggregate principal amount of the applicable Restricted Global Security of such series

to be reduced accordingly pursuant to Section 2.05(h), and the Company shall execute a Restricted Definitive Security of such series

in the appropriate principal amount, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and, upon

receipt of an Authentication Order pursuant to Section 2.04, the Trustee shall authenticate and deliver to the Person designated

in the instructions such Restricted Definitive Security. Any Restricted Definitive Security of such series issued in exchange for a beneficial

interest in a Restricted Global Security of such series pursuant to this Section 2.05(e) shall be registered in such name or

names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Security Registrar

through instructions from the Depositary for such series and the Participant or Indirect Participant. The Trustee shall deliver such

Restricted Definitive Securities of such series to the Persons in whose names such Securities are so registered. Any Restricted Definitive

Security of such series issued in exchange for a beneficial interest in a Restricted Global Security of such series pursuant to this

Section 2.05(e)(1) shall bear the Private Placement Legend and shall be subject to all restrictions on transfer contained therein.

(2)           Beneficial

Interests in Restricted Global Securities to Unrestricted Definitive Securities. A holder of a beneficial interest in a Restricted

Global Security of a series may exchange such beneficial interest for an Unrestricted Definitive Security of such series or may transfer

such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series only

if the Security Registrar receives a completed certificate from such holder in the form of Exhibit A or Exhibit B, as applicable,

and an opinion of counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar and the Company to the effect

that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in

the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

(3)           Beneficial

Interests in Unrestricted Global Securities to Unrestricted Definitive Securities. If any holder of a beneficial interest in an Unrestricted

Global Security of a series proposes to exchange such beneficial interest for an Unrestricted Definitive Security of such series or to

transfer such beneficial interest to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series,

then, upon satisfaction of the conditions set forth in Section 2.05(d)(2), the Trustee, upon receipt of written instructions accompanied

by an Officer’s Certificate, shall cause the aggregate principal amount of the applicable Unrestricted Global Security of such

series to be reduced accordingly pursuant to Section 2.05(h), and the Company shall execute an Unrestricted Definitive Security

of such series in the appropriate principal amount, and any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon,

and, upon receipt of an Authentication Order in accordance with Section 2.04, the Trustee shall authenticate and deliver to the

Person designated in the instructions such Unrestricted Definitive Security. Any Unrestricted Definitive Security issued in exchange

for a beneficial interest pursuant to this Section 2.05(e)(3) shall be registered in such name or names and in such authorized

denomination or denominations as the holder of such beneficial interest shall instruct the Security Registrar through instructions from

the Depositary for such series and the Participant or Indirect Participant. The Trustee shall deliver such Unrestricted Definitive Securities

to the Persons in whose names such Securities are so registered. Any Unrestricted Definitive Security issued in exchange for a beneficial

interest pursuant to this Section 2.05(e)(3) shall not bear the Private Placement Legend.

(4)            Transfer

or Exchange of Regulation S Temporary Global Securities. Notwithstanding the other provisions of this Section 2.05, a beneficial

interest in the Regulation S Temporary Global Security of a series may not be (A) exchanged for a Definitive Security of such series

prior to (y) the expiration of the Distribution Compliance Period with respect to such series, unless such exchange is effected

by the Company, does not require an investment decision on the part of the Holder thereof and does not violate the provisions of Regulation

S, and (z) the receipt by the Security Registrar of any certificates identified by the Company or its counsel to be required pursuant

to Rule 903(b)(3)(ii)(B) under the Securities Act or (B) transferred to a U.S. person (as such term is defined in Regulation

S) or for the account or benefit of a U.S. person, other than an initial purchaser of such Regulation S Temporary Global Security, or

a Person who takes delivery thereof in the form of a Definitive Security of such series prior to the events set forth in clause (A) above

or unless the transfer is pursuant to an exemption from the registration requirements of the Securities Act other than Rule 903

or 904.

(f)            Transfer

and Exchange of Definitive Securities for Beneficial Interests.

(1)           Restricted

Definitive Securities to Beneficial Interests in Restricted Global Securities. If any Holder of a Restricted Definitive Security

of a series proposes to exchange such Security for a beneficial interest in a Restricted Global Security of such series or to transfer

such Restricted Definitive Securities of such series to a Person who takes delivery thereof in the form of a beneficial interest in a

Restricted Global Security of such series, then, upon receipt by the Trustee of the following documentation:

(A)          if

the Holder of such Restricted Definitive Security of such series proposes to exchange such Security for a beneficial interest in a Restricted

Global Security of such series, a completed certificate from such holder in the form of Exhibit B; or

(B)          if

such Restricted Definitive Security is being transferred to a QIB in accordance with Rule 144A under the Securities Act or to a

non-U.S. person in an offshore transaction in accordance with Rule 903 or 904 under the Securities Act, a completed certificate

to that effect set forth in Exhibit A,

the Trustee shall cancel the

Restricted Definitive Security of such series, increase or cause to be increased the aggregate principal amount of, in the case of clause

(A) above, the appropriate Restricted Global Security of such series and, in the case of clause (B) above, the 144A Global

Security of such series or the Regulation S Global Security of such series as applicable.

(2)           Restricted

Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A Holder of a Restricted Definitive Security of

a series may exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Restricted

Definitive Security of such series to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global

Security of such series only if the Security Registrar receives a completed certificate from such Holder in the form of Exhibit A

or Exhibit B, as applicable, and an opinion of counsel in form, and from legal counsel, reasonably acceptable to the Security Registrar

and the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer

contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act.

Upon receipt of evidence of the satisfaction of the conditions of any of the subparagraphs in this Section 2.05(f)(2), the Trustee

shall cancel the Restricted Definitive Securities of such series so transferred or exchanged and increase or cause to be increased the

aggregate principal amount of the Unrestricted Global Security of such series.

(3)           Unrestricted

Definitive Securities to Beneficial Interests in Unrestricted Global Securities. A Holder of an Unrestricted Definitive Security

of a series may exchange such Security for a beneficial interest in an Unrestricted Global Security of such series or transfer such Definitive

Securities of such series to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Security

of such series at any time. Upon receipt of a written request for such an exchange or transfer, the Trustee shall cancel the applicable

Unrestricted Definitive Security and increase or cause or be increased the aggregate principal amount of one of the Unrestricted Global

Securities of such series. If any such exchange or transfer from a Definitive Security of a series to a beneficial interest is effected

pursuant to subparagraphs (2) or (3) of this Section 2.05(f) at a time when an Unrestricted Global Security of such

series has not yet been issued, the Company shall issue and, upon receipt of an Authentication Order in accordance with Section 2.04,

the Trustee shall authenticate one or more Unrestricted Global Securities of such series in an aggregate principal amount equal to the

principal amount of Definitive Securities of such series so transferred.

(g)           Transfer

and Exchange of Definitive Securities for Definitive Securities. Upon written request by a Holder of Definitive Securities of a series

and such Holder’s compliance with the provisions of this Section 2.05(g), the Trustee shall register the transfer or exchange

of Definitive Securities of such series pursuant to the provisions of Section 2.05(a). In addition to the requirements set forth

in Section 2.05(a), the requesting Holder shall provide any additional certifications, documents, and information, as applicable,

required pursuant to the following provisions of this Section 2.05(g).

(1)           Restricted

Definitive Securities to Restricted Definitive Securities. Any Restricted Definitive Security of a series may be transferred to and

registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Security of such series if the Trustee

receives a completed certificate in the form of Exhibit A, including the certifications, certificates and opinions of counsel required

by item (3) thereof, if applicable.

(2)           Restricted

Definitive Securities to Unrestricted Definitive Securities. Any Restricted Definitive Security of a series may be exchanged by the

Holder thereof for an Unrestricted Definitive Security of such series or transferred to a Person or Persons who take delivery thereof

in the form of an Unrestricted Definitive Security of such series if the Security Registrar receives a completed certificate from such

Holder in the form of Exhibit A or Exhibit B, as applicable and an opinion of counsel in form, and from legal counsel, reasonably

acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions

on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities

Act.

(3)           Unrestricted

Definitive Securities to Unrestricted Definitive Securities. A Holder of Unrestricted Definitive Securities of a series may transfer

such Securities to a Person who takes delivery thereof in the form of an Unrestricted Definitive Security of such series in accordance

with Section 2.05(a). Upon receipt of a request to register such a transfer, the Security Registrar shall register the Unrestricted

Definitive Securities of such series pursuant to the instructions from the Holder thereof.

(h)           Cancellation

and/or Adjustment of Global Securities. At such time as all beneficial interests in a particular Global Security of a series have

been exchanged for Definitive Securities of such series or a particular Global Security of a series has been redeemed, repurchased or

cancelled in whole and not in part, each such Global Security of such series shall be returned to or retained and cancelled by the Trustee

in accordance with Section 2.08. At any time prior to such cancellation, if any beneficial interest in a Global Security of such

series is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global

Security of such series or for Definitive Securities of such series, the principal amount of Securities of such series represented by

such Global Security shall be reduced accordingly and an endorsement may be made on such Global Security by the Trustee or by the Depositary

at the direction of the Trustee to reflect such reduction; and if the beneficial interest is being exchanged for or transferred to a

Person who will take delivery thereof in the form of a beneficial interest in another Global Security of such series, such other Global

Security shall be increased accordingly and an endorsement may be made on such Global Security by the Trustee or by the Depositary at

the direction of the Trustee to reflect such increase.

(i)            No

Exchange or Transfer. The Company shall not be required (i) to issue, exchange or register the transfer of any Securities during

a period beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of the Securities of the

same series and ending at the close of business on the day of such mailing, (ii) to register the transfer of or exchange any Securities

of any series or portions thereof called for redemption, or (iii) to register the transfer of or exchange a Security of any series

between the applicable record date pursuant to Section 2.01(a)(5) and the next succeeding Interest Payment Date.

(j)            The

Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed

under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between

or among Depositary Participants or beneficial owners of interests in any Global Security) other than to require delivery of such certificates

and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture,

and to examine the same to determine substantial compliance as to form with the express requirements hereof.

Section 2.06           Temporary

Securities.

Pending the preparation

of definitive Securities of any series, the Company may execute temporary Securities (printed, lithographed or typewritten) of any authorized

denomination, and any Guarantor thereof, if applicable, shall execute the Guarantees thereon, and the Trustee, upon receipt of an Authentication

Order, shall authenticate and deliver such Securities. Such temporary Securities shall be substantially in the form of the definitive

Securities in lieu of which they are issued, but with such omissions, insertions and variations as may be appropriate for temporary Securities,

all as may be determined by the Company. Every temporary Security of any series shall be executed by the Company, with the form of Guarantee

thereon executed by any Guarantor thereof, if applicable, and be authenticated by the Trustee upon the same conditions and in substantially

the same manner, and with like effect, as the definitive Securities of such series. Without unnecessary delay the Company will execute,

and if applicable any Guarantor will endorse, and will furnish definitive Securities of such series and thereupon any or all temporary

Securities of such series may be surrendered in exchange therefor without charge to the holders, at the office or agency of the Company

maintained pursuant to Section 4.02 for the purpose of exchanges of Securities of such series, and the Trustee, upon receipt of

an Authentication Order, shall authenticate and such office or agency shall deliver in exchange for such temporary Securities an equal

aggregate principal amount of definitive Securities of such series, unless the Company advises the Trustee to the effect that definitive

Securities need not be executed and furnished until further notice from the Company. Until so exchanged, temporary Securities of any

series shall in all respects be valid obligations under this Indenture.

Section 2.07          Mutilated,

Destroyed, Lost or Stolen Securities.

In case any temporary

or definitive Security shall become mutilated or be destroyed, lost or stolen, the Company, subject to the next succeeding sentence,

shall execute a new Security of the same series, bearing a number not contemporaneously outstanding in exchange and substitution for

the mutilated Security, or in lieu of and in substitution for the Security so destroyed, lost or stolen, and any Guarantor thereof, if

applicable, shall execute the form of Guarantee thereon, and upon the Company’s written request the Trustee, subject to the next

succeeding sentence, upon receipt of an Authentication Order, shall authenticate and deliver such Security. In every case the applicant

for a substituted Security shall furnish to the Company and the Trustee such security or indemnity as may be required by them to save

each of them harmless, and, in every case of destruction, loss or theft, the applicant shall also furnish to the Company and the Trustee

evidence to their satisfaction of the destruction, loss or theft of the applicant’s Security and of the ownership thereof. The

Trustee, upon receipt of an Authentication Order, shall authenticate any such substituted Security and deliver the same. Upon the issuance

of any substituted Security, 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. In case

any Security that has matured or is about to mature shall become mutilated or be destroyed, lost or stolen, the Company, instead of issuing

a substitute Security, may pay or authorize the payment of the same, without surrender thereof except in the case of a mutilated Security,

if the applicant for such payment shall furnish to the Company and the Trustee such security or indemnity as they may require to save

them harmless, and, in case of destruction, loss or theft, evidence to the satisfaction of the Company and the Trustee of the destruction,

loss or theft of such Security and of the ownership thereof.

Every replacement

Security issued pursuant to the provisions of this Section 2.07 shall constitute an additional contractual obligation of the Company

whether or not the mutilated, destroyed, lost or stolen Security shall be found at any time, or be enforceable by anyone. All Securities

shall be held and owned upon the express condition that the foregoing provisions are exclusive with respect to the replacement or payment

of mutilated, destroyed, lost or stolen Securities, and shall preclude, to the extent lawful, any and all other rights or remedies, notwithstanding

any law or statute existing or hereafter enacted to the contrary with respect to the replacement or payment of negotiable instruments

or other securities without their surrender.

Section 2.08          Cancellation.

All Securities surrendered

for the purpose of payment, redemption, exchange or registration of transfer, if surrendered to the Company or any paying agent, shall

be delivered to the Trustee for cancellation, or, if surrendered to the Trustee, shall be cancelled by it, and no Securities shall be

issued in lieu thereof except as expressly required or permitted by any of the provisions of this Indenture. On written request of the

Company at the time of such surrender, the Trustee shall deliver to the Company evidence of the cancellation of Securities by the Trustee.

If the Company shall otherwise acquire any of the Securities, however, such acquisition shall not operate as a redemption or satisfaction

of the indebtedness represented by such Securities unless and until the same are delivered to the Trustee for cancellation.

Section 2.09          Third

Party Beneficiaries.

Nothing in this

Indenture or in the Securities, express or implied, shall give or be construed to give to any Person, other than the parties hereto and

the holders of the Securities, any legal or equitable right, remedy or claim under or in respect of this Indenture, or under any covenant,

condition or provision contained herein.

Section 2.10          Authenticating

Agent.

So long as any of

the Securities of any series remain Outstanding, there may be an Authenticating Agent for any or all such series of Securities which

either the Trustee or the Company shall have the right to appoint. The Authenticating Agent shall be authorized to act on behalf of the

Trustee to authenticate Securities of such series, including Securities issued upon exchange, registration of transfer or partial redemption

thereof, and Securities so authenticated shall be valid obligations for all purposes as if authenticated by the Trustee hereunder. All

references in this Indenture to the authentication of Securities by the Trustee shall be deemed to include authentication by an Authenticating

Agent for such series. Each Authenticating Agent shall be acceptable to the Company and, unless otherwise specified in a supplemental

indenture or other document in which the Company appoints the Authenticating Agent, shall be a corporation that has a combined capital

and surplus, as most recently reported or determined by it, sufficient under the laws of any jurisdiction under which it is organized

or in which it is doing business to conduct a trust business, and that is otherwise authorized under such laws to conduct such business

and is subject to supervision or examination by Federal or State authorities. If at any time any Authenticating Agent shall cease to

be eligible in accordance with these provisions, it shall resign immediately. Any Authenticating Agent may resign at any time by giving

written notice of resignation to the Trustee and to the Company. The Trustee with the Consent of the Company at any time may, and upon

written request by the Company shall, terminate the agency of any Authenticating Agent by giving written notice of termination to such

Authenticating Agent and to the Company. Upon resignation, termination or cessation of eligibility of any Authenticating Agent, either

the Trustee or the Company may appoint an eligible successor Authenticating Agent acceptable to the Company. Any successor Authenticating

Agent, upon acceptance of its appointment hereunder, shall become vested with all the rights, powers and duties of its predecessor hereunder

as if originally named as an Authenticating Agent pursuant hereto.

Section 2.11          Global

Securities.

(a)           General.

If the Company shall establish pursuant to Section 2.01 that the Securities of a particular series are to be issued as a Global

Security, then the Company shall execute one or more Global Securities that (i) shall represent, and shall be denominated in an

amount equal to the aggregate principal amount of, all of the Outstanding Securities of such series, (ii) shall be registered in

the name of the Depositary or its nominee and (iii) shall be delivered to the Trustee as custodian for the Depositary or otherwise

delivered pursuant to the Depositary’s instructions, and any Guarantor thereof, if applicable, shall execute the Guarantee or Guarantees

thereon, and the Trustee in accordance with Section 2.04 shall authenticate such Global Security or Global Securities.

(b)           Euroclear

and Clearstream Procedures Applicable. The provisions of the “Operating Procedures of the Euroclear System” and the “Terms

and Conditions Governing Use of Euroclear” and the “General Terms and Conditions” and “Customer Handbook”

of Clearstream, respectively, in effect at the relevant time shall be applicable to transfers of beneficial interests in the Regulation

S Global Securities of such series that are held by Participants through Euroclear or Clearstream.

the Trustee nor any agent shall have any responsibility or liability for any actions taken or not taken by the Depositary.

Section 2.12          CUSIP

Numbers.

The Company in issuing

the Securities of a series may use “CUSIP” numbers if then generally in use, and, if so, the Trustee shall use “CUSIP”

numbers in notices of redemption as a convenience to Securityholders; provided that any such notice may state that no representation

is made as to the correctness of such numbers either as printed on the Securities or as contained in any notice of a redemption and that

reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected

by any defect in or omission of such numbers. The Company will promptly notify the Trustee in writing of any change in the “CUSIP”

numbers.

Section 2.13          Securities

Denominated in Foreign Currencies.

Except as otherwise

specified pursuant to Section 2.01 for Securities of any series, payment of the principal of, premium, if any, and interest on,

Securities of such series denominated in any Foreign Currency will be made in such Foreign Currency.

In the event any

Foreign Currency or Currencies in which any payment with respect to any series of Securities may be made ceases to be a freely convertible

Currency on United States Currency markets, for any date thereafter on which payment of principal of, premium, if any, or interest on

the Securities of a series is due, the Company shall select the Currency of payment for use on such date, all as provided in the Securities

of such series, in a Board Resolution or in one or more indentures supplemental hereto. In such event, the Company shall notify the Trustee

of the Currency which it has selected to constitute the funds necessary to meet the Company’s obligations on such payment date

and of the amount of such Currency to be paid. Such amount shall be determined as provided in the Securities of such series, in a Board

Resolution or in one or more indentures supplemental hereto. The payment with respect to such payment date shall be deposited with the

Trustee by the Company solely in the Currency so selected.

Section 2.14           Wire

Transfers.

Notwithstanding

any other provision to the contrary in this Indenture, the Company may make any payment required to be deposited with the Trustee or

any Paying Agent on account of principal of, premium, if any, or interest on, the Securities by any method of wire transfer to an account

designated in writing by the Trustee or such Paying Agent such that funds are available on or before the date such payment is to be made

to the Holders of the Securities in accordance with the terms hereof. If the Company is acting as its own Paying Agent with respect to

Securities of any series that are represented by one or more Global Securities, the Company may make any such payment by wire transfer

to an account designated in writing by the Depositary for such Securities.

Section 2.15          Designated

Currency.

The Company may

provide pursuant to Section 2.01 for Securities of any series that:

(a)           the

obligation, if any, of the Company to pay the principal of, premium, if any, and interest on the Securities of any series in a Foreign

Currency or Dollars (the “Designated Currency”) as may be specified pursuant to Section 2.01(a)(12) is of the

essence and agree that, to the fullest extent possible under applicable law, judgments in respect of Securities of such series shall

be given in the Designated Currency;

(b)           the

obligation of the Company to make payments in the Designated Currency of the principal of, premium, if any, and interest on such Securities

shall be discharged, notwithstanding any payment in any other Currency (whether pursuant to a judgment or otherwise), only to the extent

of the amount in the Designated Currency that the Securityholder receiving such payment, in accordance with normal banking procedures,

may purchase with the amount paid in such other Currency after any premium and cost of exchange on the business day in the country of

issue of the Designated Currency or in the international banking community immediately following the day on which such Securityholder

receives such payment;

the amount in the Designated Currency that may be so purchased for any reason falls short of the amount originally due, the Company shall

pay such additional amounts as may be necessary to compensate for such shortfall; and

(d)           any

obligation of the Company not discharged by such payment shall be due as a separate and independent obligation and, until discharged

as provided herein, shall continue in full force and effect.

Section 2.16          Form of

Guarantee.

The form of Guarantee

shall be set forth on the applicable series of Securities substantially as follows:

GUARANTEE

For value received,

[__________] hereby absolutely, unconditionally and irrevocably guarantees (i) to the holder of this Security the payment of principal

of, premium, if any, and interest and any Additional Amounts, if any, on, the Security upon which this Guarantee is set forth in the

amounts and at the time when due and payable whether by declaration thereof, or otherwise, and interest on the overdue principal and

interest, if any, of such Security, if lawful, to the holder of such Security and the Trustee on behalf of the Holders, and (ii) to

the Trustee all amounts owed to the Trustee under the Indenture, in each case in accordance with and subject to the terms and limitations

of such Security and Article XV of the Indenture. This Guarantee will not become effective until the Trustee or Authenticating Agent

duly executes the certificate of authentication on this Security. This Guarantee shall be governed by and construed in accordance with

the laws of the State of New York, without regard to conflict of law principles thereof.

Dated:

[__________]

By: _____________________________

Name:

Title:

Article III

REDEMPTION

OF SECURITIES AND SINKING FUND PROVISIONS

Section 3.01          Redemption.

The Company may

redeem the Securities of any series issued hereunder on and after the dates and in accordance with the terms established for such series

pursuant to Section 2.01 or 14.01. In addition, the Company, any Guarantor and their respective Affiliates may purchase Securities

from the holders thereof from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices.

Any Securities purchased by the Company, any Guarantor or any of their respective Affiliates may, at the purchaser’s discretion,

be held, resold or canceled.

Section 3.02          Notice

of Redemption.

(a)           If

the Company desires to exercise such right to redeem all or, as the case may be, a portion of the Securities of any series, the Company

shall, or shall instruct the Trustee in writing to, give notice of such redemption to holders of the Securities of such series to be

redeemed by mailing, first class postage prepaid, a notice of such redemption not less than 30 days and not more than 90 days before

the date fixed for redemption of that series to the Trustee and such holders at their last addresses as they shall appear upon the Security

Register, unless a shorter period is specified in the Securities to be redeemed; provided, however, that any such notice may be provided

more than 90 days prior to the Redemption Date if the notice is issued in connection with the satisfaction and discharge or defeasance

of the Securities of such series in accordance with Article XI hereof. Any notice that is mailed in the manner herein provided shall

be conclusively presumed to have been duly given, whether or not the registered holder receives the notice. In any case, failure duly

to give such notice to the holder of any Security of any series designated for redemption in whole or in part, or any defect in the notice,

shall not affect the validity of the proceedings for the redemption of any other Securities of such series or any other series. In the

case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities

or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer’s Certificate evidencing compliance with

any such restriction.

Each such notice

of redemption shall specify the date fixed for redemption and the redemption price at which Securities of that series are to be redeemed

(or if the redemption price cannot be determined at the time such notice is delivered, the formula by which such redemption price will

be determined) and the CUSIP numbers of such series, and shall state that: (i) payment of the redemption price of such Securities

to be redeemed will be made at the office or agency of the Company maintained for such purpose, or, if none, at the Corporate Trust Office

of the Trustee, upon presentation and surrender of such Securities; (ii) interest accrued to the date fixed for redemption will

be paid as specified in said notice; (iii) from and after said date interest will cease to accrue; and (iv) the redemption

is for a sinking fund, if such is the case. If less than all the Securities of a series are to be redeemed, the notice to the holders

of Securities of that series to be redeemed in whole or in part shall specify the particular Securities to be so redeemed. In case any

Security is to be redeemed in part only, the notice that relates to such Security shall state the portion of the principal amount thereof

to be redeemed, and shall state that on and after the redemption date, upon surrender of such Security, a new Security or Securities

of such series in principal amount equal to the unredeemed portion thereof will be issued.

(b)           The

Company shall give the Trustee at least 30 days’ written notice, unless a shorter period shall be satisfactory to the Trustee,

in advance of the date fixed for redemption as to the aggregate principal amount of Securities of the series to be redeemed. If less

than all the Securities of such series are to be redeemed, the Trustee thereupon shall select from Securities of such series Outstanding

not previously called for redemption, in accordance with a method that complies with applicable legal requirements, the rules and

procedures of the Depositary, if applicable, and the requirements, if any, of the Depositary and of any stock exchange on which Securities

are listed and that the Trustee considers fair and appropriate, which may include selection pro rata or by lot, and that may provide

for the selection of a portion or portions equal to $2,000 or any integral multiple of $1,000 in excess thereof of the principal amount

of such Securities of such series of a denomination larger than $2,000, the Securities of such series to be redeemed. The Trustee promptly

shall notify the Company in writing of the numbers of the Securities of such series to be redeemed, in whole or in part.

The Company, if

and whenever it shall so elect, by delivery of an Officer’s Certificate, may instruct the Trustee or any paying agent to call all

or any part of the Securities of a particular series for redemption and to give notice of redemption in the manner set forth in this

Section 3.02, such notice to be in the name and at the expense of the Company or its own name, as the Trustee or such paying agent

may deem advisable. In any case in which notice of redemption is to be given by the Trustee or any such paying agent, the Company shall

deliver or cause to be delivered to, or permit to remain with, the Trustee or such paying agent, as the case may be, such Security Register,

transfer books or other records, or suitable copies or extracts therefrom, sufficient to enable the Trustee or such paying agent to give

any notice by mail that may be required under the provisions of this Section 3.02.

Section 3.03          Payment

Upon Redemption.

(a)           If

the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series

to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable

redemption price, together with interest accrued to the date fixed for redemption, in each case as established pursuant to Section 2.01

or 14.01. Interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless

the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security or portion thereof.

On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice,

such Securities shall be paid and redeemed at the applicable redemption price for such series, together with interest accrued thereon

to the date fixed for redemption (but if the date fixed for redemption is an Interest Payment Date, the interest installment payable

on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.01).

(b)           Upon

presentation of any Security of such series that is to be redeemed in part only, the Company shall execute a new Security of the same

series and tenor of authorized denominations in principal amount equal to the unredeemed portion of the Security so presented, and any

Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and the Trustee, upon receipt of an Authentication Order,

shall authenticate, and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the

Company, such new Security; except that if a Global Security is so surrendered, the Company shall execute a new Global Security of like

tenor in a denomination equal to and in exchange for the unredeemed portion of the principal of the Global Security so surrendered, and

any Guarantor thereof, if applicable, shall execute the form of Guarantee thereon, and, upon receipt of an Officer’s Certificate

requesting authentication and delivery, the Trustee, upon receipt of an Authentication Order, shall authenticate and deliver to the Depositary

for such Global Security, without service charge, such new Global Security.

Section 3.04          Sinking

Fund.

The provisions of

Sections 3.04, 3.05 and 3.06 shall be applicable to any sinking fund for the retirement of Securities of a series, except as otherwise

specified as contemplated by Section 2.01 for Securities of such series.

The minimum amount

of any sinking fund payment provided for by the terms of Securities of any series is referred to as a “mandatory sinking fund payment,”

and any payment in excess of such minimum amount provided for by the terms of Securities of any series is referred to as an “optional

sinking fund payment.” 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 3.05. Each sinking fund payment shall be applied to the redemption of Securities

of any series as provided for by the terms of Securities of such series.

Section 3.05          Satisfaction

of Sinking Fund Payments with Securities.

The Company (i) may

deliver Outstanding Securities of a series other than any Securities previously called for redemption and (ii) may apply as a credit

Securities of a series that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through

the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of

all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of

such Securities, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for

such purpose by the Trustee at the redemption 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.

Section 3.06          Redemption

of Securities for Sinking Fund.

Not less than 30

days prior to each sinking fund payment date for any series of Securities, the Company will deliver to the Trustee an Officer’s

Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of the series, the portion

thereof, if any, that is to be satisfied by payment of cash in the Currency in which the Securities of such series are denominated (except

as provided pursuant to Section 2.01), the portion thereof, if any, that is to be satisfied by delivering and crediting Securities

of that series pursuant to Section 3.05 and the basis for such credit. Together with such Officer’s Certificate, the Company

will deliver to the Trustee any Securities to be so delivered. Not less than 30 days 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 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 3.02.

Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Section 3.03.

Article IV

CERTAIN

COVENANTS

The following covenants

shall apply to the Securities, except with respect to any series of Securities for which the supplemental indenture or resolution of

the Board of Directors under which such series of Securities is issued or the form of Security for such series expressly provides that

any such covenant shall not apply to such series of Securities:

Section 4.01          Payment

of Principal, Premium and Interest.

The Company will

duly and punctually pay or cause to be paid the principal of, premium, if any, and interest on the Securities of a series at the time

and place and in the manner provided herein and established with respect to such Securities.

Section 4.02          Maintenance

of Office or Agency.

So long as any series

of the Securities remain Outstanding, the Company will maintain for such series an office or agency where Securities of such series may

be presented or surrendered for payment, where Securities of such series may be surrendered for registration of transfer or exchange

and where notices and demands to or upon the Company in respect of the Securities of such series and this Indenture may be given or served.

Such designation will continue with respect to each office or agency until the Company, by written notice signed by any Officer and delivered

to the Trustee, shall designate some other office or agency for such purposes or any of them. If at any time the Company shall fail to

maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders,

notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as

its agent to receive all presentations, surrenders, notices and demands. Unless otherwise specified in accordance with Section 2.01

with respect to a series of Securities, the Company initially designates U.S. Bank Trust Company, National Association, 60 Livingston

Avenue, St. Paul, MN 55107, Attention: Global Corporate Trust Services, acting as the Company’s agent, as the office to be maintained

by it for each such purpose.

Section 4.03          Paying

Agents.

(a)           The

Company, upon written notice to the Trustee accompanied by an Officer’s Certificate, may appoint one or more paying agents, other

than the Trustee, for all or any series of the Securities. If the Company fails to appoint or maintain another entity as paying agent,

the Trustee shall act as such. The Company, any Guarantor or any of their Subsidiaries, upon notice to the Trustee, may act as paying

agent.

(b)           The

Company shall require each paying agent, other than the Company, any Guarantor and the Trustee, to agree in writing with the Company,

and the Company shall deliver a copy of such agreement to the Trustee, that the paying agent will hold in trust for the benefit of Securityholders

or the Trustee all funds held by the paying agent for the payment of principal, premium, if any, or interest on the Securities, and will

promptly notify the Trustee in writing 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 funds held by it to the Trustee. The Company at any time may require a paying agent to

pay all funds held by it to the Trustee. Upon payment over to the Trustee, the paying agent, if other than the Company or a Guarantor,

shall have no further liability for the funds. If the Company or a Guarantor acts as paying agent, it shall segregate and hold in a separate

trust fund for the benefit of the Securityholders all funds held by it as paying agent.

anything in this Section 4.03 to the contrary, (i) the agreement to hold funds in trust as provided in this Section 4.03

is subject to the provisions of Section 11.06, and (ii) the Company at any time, for the purpose of obtaining the satisfaction

and discharge or defeasance of this Indenture or for any other purpose, may pay, or direct any paying agent to pay, to the Trustee all

funds held in trust by the Company or such paying agent, such funds to be held by the Trustee upon the same terms and conditions as those

upon which such funds were held by the Company or such paying agent. Upon such payment by any paying agent to the Trustee, such paying

agent shall be released from all further liability with respect to such funds.

Section 4.04          Statement

by Officers as to Default.

So long as any of

the Securities remain outstanding, the Company and each Guarantor will furnish to the Trustee on or before April 30 in each year

a certificate, which need not comply with Section 13.06, executed by the principal executive, financial or accounting officer of

each of the Company and any Guarantor, if applicable, on their respective behalf as to his or her knowledge of the Company’s or

applicable Guarantor’s, as the case may be, compliance with all covenants and agreements under this Indenture required to be complied

with by the Company and Guarantor, respectively (such compliance to be determined without regard to any period of grace or requirement

of notice provided under this Indenture). Such certificate need not include a reference to any non-compliance that has been fully cured

prior to the date as of which such certificate speaks.

The

Company shall provide written notice to the Trustee within 30 days of the occurrence of any Event

of Default under Section 6.01 that remains continuing as of the date of such notice.

Section 4.05          Appointment

to Fill Vacancy in Office of Trustee.

The Company, whenever

necessary to avoid or to fill a vacancy in the office of Trustee, will appoint, in the manner provided in Section 7.10, a Trustee,

so that there shall be at all times a Trustee hereunder.

Article V

SECURITYHOLDERS’

LISTS AND REPORTS BY THE COMPANY AND

THE TRUSTEE

Section 5.01          Company

to Furnish Trustee Names and Addresses of Securityholders.

The Company will

furnish or cause to be furnished to the Trustee (a) semi-annually at least seven Business Days before each Interest Payment Date

for a series of Securities (and in all events at intervals of not more than six months) a list, in such form as the Trustee may reasonably

require, of the names and addresses of the holders of each series of Securities as of such date, provided that the Company shall not

be obligated to furnish or cause to furnish such list at any time that the list shall not differ in any respect from the most recent

list furnished to the Trustee by the Company and (b) at such other times as the Trustee may require in writing within 30 days after

the receipt by the Company of any such request, a list of similar form and content as of a date not more than 15 days prior to the time

such list is furnished; provided, however, that, in either case, no such list need be furnished for any series for which the Trustee

shall be the Security Registrar.

Section 5.02          Preservation

of Information; Communications with Securityholders.

(a)           The

Trustee shall preserve, in as current a form as is reasonably practicable, all information as to the names and addresses of the holders

of Securities contained in the most recent list furnished to it as provided in Section 5.01 and as to the names and addresses of

holders of Securities received by the Trustee in its capacity as Security Registrar (if acting in such capacity).

(b)           Securityholders

may communicate as provided in Section 312(b) of the Trust Indenture Act with other Securityholders with respect to their rights

under this Indenture or under the Securities. Each Securityholder, by receiving and holding a Security, agrees with each Guarantor thereof,

the Company and the Trustee that none of the Company, any Guarantor or the Trustee or any agent of any of them shall be held accountable

by reason of the disclosure of any such information as to the names and addresses of the Holders in accordance with this Section 5.02(b),

regardless of the source from which such information was derived, and that the Trustee shall not be held accountable by reason of mailing

any material pursuant to a request made under this Section 5.02(b).

Section 5.03          Reports

by the Company.

(a)

So long as any Securities are outstanding, the Company shall file with the

Trustee, within 15 days after nVent files with the Commission, copies of the annual reports and of the information, documents and

other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and

regulations prescribe) that nVent files with the Commission pursuant to Section 13 or Section 15(d) of the Exchange

Act. The Company shall be deemed to have complied with the previous sentence to the extent that such information, documents and

reports are filed with the Commission via EDGAR (or any successor electronic delivery procedure); provided, however, that the

Trustee shall have no obligation whatsoever to determine whether or not such information, documents or reports have been filed

pursuant to the EDGAR system (or its successor).

(b)           Delivery

of such reports, information and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such

shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including

the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s

Certificates).

Section 5.04          Reports

by the Trustee.

(a)           The

Trustee shall transmit to Securityholders such reports concerning the Trustee and its actions under this Indenture as may be required

pursuant to the Trust Indenture Act at the times and in the manner provided pursuant thereto. If required by Section 313(a) of

the Trust Indenture Act, the Trustee shall, within sixty days after each July 15 following the date of the initial issuance of Securities

under this Indenture deliver to Securityholders a brief report, dated as of such July 15, which complies with the provisions of

such Section 313(a).

(b)           The

Trustee shall comply with Section 313(b) and Section 313(c) of the Trust Indenture Act.

copy of each Trustee’s report shall, at the time of such transmission to Securityholders, be filed by the Trustee with the Company,

with any stock exchange upon which any Securities are listed, if any, and with the Commission. The Company will promptly notify the Trustee

in writing when any Securities become listed on any stock exchange or delisted therefrom.

Article VI

REMEDIES

OF THE TRUSTEE AND SECURITYHOLDERS ON

EVENT OF DEFAULT

Section 6.01          Events

of Default.

(a)           Whenever

used herein with respect to Securities of a particular series, “Event of Default” means any one or more of the following

events that has occurred and is continuing, except with respect to any series of Securities for which the supplemental indenture or resolution

of the Board of Directors under which such series of Securities is issued or the form of Security for such series expressly provides

that any such Event of Default shall not apply to such series of Securities:

(1)           default

in the payment of any installment of interest upon any of the Securities of such series as and when the same shall become due and payable,

and continuance of such default for a period of 30 days; or

(2)           default

in the payment of all or any part of the principal of or premium, if any, on any of the Securities of such series as and when the same

shall become due and payable either at maturity, upon redemption, by declaration or otherwise;

(3)           default

in the payment of any sinking fund installment as and when the same shall become due and payable by the terms of the Securities of such

series;

(4)           default

in the performance, or breach, of any covenant or agreement of the Company or a Guarantor in respect of the Securities of such series

and the related Guarantee (other than a default or breach that is specifically dealt with elsewhere in this Section 6.01), and continuance

of such default or breach for a period of 90 days after the date on which there has been given, by registered or certified mail, to the

Company and every applicable Guarantor by the Trustee or to the Company, every applicable Guarantor and the Trustee by the Holders of

at least 25% in principal amount of the Outstanding Securities of such series, a written notice specifying such default or breach and

requiring it to be remedied and stating that such notice is a “Notice of Default” hereunder;

(5)           the

Guarantee with respect to the Securities of such series shall for any reason cease to be, or shall for any reason be asserted in writing

by the Company or a Guarantor, if applicable, not to be, in full force and effect and enforceable in accordance with its terms except

to the extent contemplated by this Indenture and such Guarantee;

(6)           a

court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Company or a Guarantor, if applicable,

in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver,

liquidator, assignee, custodian, trustee or sequestrator or similar official of the Company or a Guarantor, if applicable, or for any

substantial part of its property or ordering the winding up or liquidation of its affairs, and such decree or order shall remain unstayed

and in effect for a period of 90 consecutive days;

(7)          the

Company or a Guarantor, if applicable, shall commence a voluntary case under any applicable bankruptcy, insolvency or other similar law

now or hereafter in effect, or consent to the entry of an order for relief in an involuntary case under any such law, or consent to the

appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee or sequestrator or similar official of the

Company or a Guarantor or for any substantial part of its property, or make any general assignment for the benefit of creditors; or

(8)           any

other Event of Default provided in the supplemental indenture or resolution of the Board of Directors under which such series of Securities

is issued or in the form of Security for such series.

(b)           If

an Event of Default shall have occurred and be continuing in respect of the Securities of a series, in each and every such case, unless

the principal of all the Securities of that series shall have already become due and payable, either the Trustee at the request of the

holders or the holders of not less than 25% in aggregate principal amount of the Securities of that series then Outstanding hereunder,

by notice in writing to the Company and any Guarantor thereof, and to the Trustee if given by such Securityholders, may declare the unpaid

principal of all the Securities of that series to be due and payable immediately, and upon any such declaration the same shall become

and shall be immediately due and payable, notwithstanding anything contained in this Indenture or in the Securities of that series or

established with respect to that series pursuant to Section 2.01 to the contrary.

Trustee shall give to the Securityholders of any series, as the names and addresses of such Holders appear on the Security Register,

notice by mail or electronic mail in PDF format of all defaults known to the Trustee that have occurred with respect to such series,

such notice to be transmitted within 90 days after the occurrence thereof, unless such defaults shall have been cured before the giving

of such notice (the term “default” or “defaults” for the purposes of this Section 6.01(c) being hereby

defined to mean any event or condition which is, or with notice or lapse of time or both would become, an Event of Default); provided

that, except in the case of default in the payment of the principal of, premium, if any, or interest on any of the Securities of such

series, or in the payment of any sinking or purchase fund installment with respect to the Securities of such series, the Trustee shall

be protected in withholding such notice if and so long as the Board of Directors, the executive committee, or a trust committee of directors

or trustees and/or Responsible Officers in good faith determines that the withholding of such notice is in the interests of the Securityholders

of such series.

Section 6.02          Collection

of Indebtedness and Suits for Enforcement by Trustee.

(a)           The

Company covenants that (i) in case it shall default in the payment of any installment of interest on any of the Securities of a

series, or any payment required by any sinking or analogous fund established with respect to that series as and when the same shall have

become due and payable, and such default shall have continued for a period of 30 days, or (ii) in case it shall default in the payment

of the principal of, or premium, if any, on any of the Securities of a series when the same shall have become due and payable, whether

upon maturity of the Securities of a series or upon redemption or upon declaration or otherwise, then, upon demand of the Trustee, the

Company will pay to the Trustee, for the benefit of the holders of the Securities of that series, the whole amount that then shall have

been become due and payable on all such Securities for principal, premium, if any, or interest, or both, with interest upon the overdue

principal, premium, if any, and, to the extent that payment of such interest is enforceable under applicable law, upon overdue installments

of interest at the rate expressed in the Securities of that series; and, in addition thereto, such further amount as shall be sufficient

to cover the costs and expenses of collection, and the amount payable to the Trustee under Section 7.06.

(b)           If

the Company shall fail to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust,

shall be entitled and empowered to institute any action or proceedings at law or in equity for the collection of the amounts so due and

unpaid, and may prosecute any such action or proceeding to judgment or final decree, and may enforce any such judgment or final decree

against the Company or any Guarantor, if applicable, and collect the amounts adjudged or decreed to be payable in the manner provided

by law out of the property of the Company or any Guarantor, if applicable, wherever situated.

case of any receivership, insolvency, liquidation, bankruptcy, reorganization, readjustment, arrangement, composition or judicial proceedings

affecting the Company or any Guarantor or its respective creditors or property, the Trustee shall have power to intervene in such proceedings

and take any action therein that may be permitted by the court and applicable law and, except as otherwise provided by law, shall be

entitled to file such proofs of claim and other papers and documents as may be necessary or advisable in order to have the claims of

the Trustee and of the holders of Securities of such series allowed for the entire amount due and payable by the Company under this Indenture

at the date of institution of such proceedings and for any additional amount that may become due and payable by the Company after such

date, and to collect and receive any funds or other property payable or deliverable on any such claim, and to distribute the same in

accordance with Section 6.03. Any receiver, assignee or trustee in bankruptcy or reorganization is hereby authorized by each of

the holders of Securities of such series to make such payments to the Trustee, and, in the event that the Trustee shall consent to the

making of such payments directly to such Securityholders, to pay to the Trustee any amount due it under Section 7.06.

(d)           All

rights of action and of asserting claims under this Indenture, or under any of the terms established with respect to Securities of that

series, may be enforced by the Trustee without the possession of any of such Securities, or the production thereof at any trial or other

proceeding relative thereto. Any such suit or 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 payment to the Trustee of any amounts due under Section 7.06,

be for the ratable benefit of the holders of the Securities of such series.

In case of an Event

of Default, the Trustee in its discretion or in accordance with the direction of the holders of a majority in aggregate principal amount

of the Securities of any series at the time Outstanding may proceed to protect and enforce the rights vested in it by this Indenture

by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any of such rights, either at

law or in equity or in bankruptcy or otherwise, whether for the specific enforcement of any covenant or agreement contained in this Indenture

or in aid of the exercise of any power granted in this Indenture, or to enforce any other legal or equitable right vested in the Trustee

by this Indenture or by law.

Nothing contained

herein shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Securityholder any plan

of reorganization, arrangement, adjustment or composition affecting the Securities of that series or the rights of any holder thereof

or to authorize the Trustee to vote in respect of the claim of any Securityholder in any such proceeding.

Section 6.03          Application

of Funds Collected.

Any funds collected

by the Trustee pursuant to this Article VI with respect to a particular series of Securities shall be applied in the following order,

at the date or dates fixed by the Trustee and, in case of the distribution of such funds on account of principal, premium, if any, or

interest, upon presentation of the Securities of that series, and notation thereon of the payment, if only partially paid, and upon surrender

thereof if fully paid:

FIRST: To the payment

of costs and expenses of collection and of all amounts payable to the Trustee under Section 7.06;

SECOND: To the payment

of the amounts then due and unpaid upon Securities of such series for principal, premium, if any, and interest, in respect of which or

for the benefit of which such funds have been collected, ratably, without preference or priority of any kind, according to the amounts

due and payable on such Securities for principal, premium, if any, and interest, respectively; and

THIRD: To the Company.

Section 6.04          Limitation

on Suits.

No holder of any

Security of any series shall have any right by virtue or by availing of any provision of this Indenture to institute any suit, action

or proceeding in equity or at law upon or under or with respect to this Indenture or for the appointment of a receiver or trustee, or

for any other remedy hereunder, unless (i) such holder previously shall have given to the Trustee written notice of an Event of

Default and of the continuance thereof with respect to the Securities of such series specifying such Event of Default; (ii) the

holders of not less than 25% in aggregate principal amount of the Securities of such series then Outstanding shall have made written

request upon the Trustee to institute such action, suit or proceeding in its own name as trustee hereunder; (iii) such holder or

holders shall have offered to the Trustee such indemnity and security reasonably satisfactory to it against the costs, expenses and liabilities

to be incurred therein or thereby; (iv) the Trustee for 60 days after its receipt of such written notice, request and offer of indemnity

and security reasonably satisfactory to it, shall have failed to institute any such action, suit or proceeding; and (v) during such

60 day period, the holders of a majority in principal amount of the Securities of that series do not give the Trustee a direction inconsistent

with such request.

Notwithstanding

anything contained herein to the contrary, any other provisions of this Indenture, the right of any holder of any Security to receive

payment of the principal of, and premium, if any, and interest on such Security, as therein provided, on or after the respective due

dates expressed in such Security or, in the case of redemption or required repurchase, on the redemption date or repurchase date, as

applicable, or to institute suit for the enforcement of any such payment on or after such respective dates or redemption date, shall

not be impaired or affected without the consent of such holder. By accepting a Security hereunder it is expressly understood, intended

and covenanted by the taker and holder of every Security of such series with every other such taker and holder and the Trustee, that

no one or more holders of Securities of such series shall have any right in any manner whatsoever by virtue or by availing of any provision

of this Indenture to affect, disturb or prejudice the rights of the holders of any other of such Securities, or to obtain or seek to

obtain priority over or preference to any other such holder, or to enforce any right under this Indenture, except in the manner herein

provided and for the equal, ratable and common benefit of all holders of Securities of such series (it being understood that the Trustee

does not have an affirmative duty to ascertain whether or not such actions or forbearances are unduly prejudicial to such holders). For

the protection and enforcement of the provisions of this Section 6.04, each Securityholder and the Trustee shall be entitled to

such relief as can be given either at law or in equity.

Section 6.05          Rights

and Remedies Cumulative; Delay or Omission not Waiver.

(a)           Except

as otherwise provided in Section 2.07, all powers and remedies given by this Article VI to the Trustee or to the Securityholders,

to the extent permitted by law, shall be deemed cumulative and not exclusive of any other powers and remedies available to the Trustee

or the holders of the Securities, by judicial proceedings or otherwise, to enforce the performance or observance of the covenants and

agreements contained in this Indenture or otherwise established with respect to such Securities.

(b)           No

delay or omission of the Trustee or of any holder of any of the Securities to exercise any right or power accruing upon any Event of

Default occurring and continuing shall impair any such right or power, or shall be construed to be a waiver of any such default or an

acquiescence therein. Subject to the provisions of Section 6.04, every power and remedy given by this Article VI or by law

to the Trustee or the Securityholders may be exercised from time to time, and as often as shall be deemed expedient, by the Trustee or

by the Securityholders.

Section 6.06          Control

by Securityholders.

(a)           The

holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding, determined in accordance

with Section 8.04, 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 such series; provided, however, that such direction

shall not be in conflict with any rule of law or with this Indenture or be unduly prejudicial to the rights of holders of Securities

of any other series at the time Outstanding determined in accordance with Section 8.04. Subject to the provisions of Section 7.01,

the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith, by a Responsible Officer or Responsible

Officers of the Trustee, shall determine that the proceeding so directed would involve the Trustee in personal liability.

(b)           In

the case of an Event of Default with respect to a series of Securities, at any time before the principal of the Securities of that series

shall have been declared due and payable, the holders of a majority in aggregate principal amount of the Securities of such series at

the time Outstanding, determined in accordance with Section 8.04, on behalf of the holders of all of the Securities of such series,

by written notice to the Company, any Guarantor thereof, if applicable, and the Trustee, may waive any existing default in the performance

of any of the covenants contained herein or established pursuant to Section 2.01 with respect to such series and its consequences,

except a default in the payment of the principal of, premium, if any, or interest on, any of the Securities of that series as and when

the same shall become due by the terms of such Securities. Upon any such waiver, the default covered thereby and any Event of Default

arising therefrom shall be deemed to be cured for all purposes of this Indenture and the Company, the Trustee and the holders of the

Securities of such series shall be restored to their former positions and rights hereunder, respectively; but no such waiver shall extend

to any subsequent or other default or impair any right consequent thereon.

any time after the principal of the Securities of that series shall have been declared due and payable, and before any judgment or decree

for the payment of the amount due shall have been obtained or entered as hereinafter provided, the holders of a majority in aggregate

principal amount of the Securities of that series at the time Outstanding hereunder, by written notice to the Company, any Guarantor

thereof, if applicable, and the Trustee, may rescind and annul such declaration and its consequences if: (i) the Company has or

has caused to be paid or deposited with the Trustee an amount sufficient to pay all matured installments of interest upon all the Securities

of that series and the principal of and premium, if any, on any and all Securities of that series that shall have become due otherwise

than by acceleration, with interest upon such principal and premium, if any, and, to the extent that such payment is enforceable under

applicable law, upon overdue installments of interest, at the rate expressed in the Securities of that series to the date of such payment

or deposit, and (ii) any and all Events of Default under this Indenture with respect to such series, except non-payment of the principal

of, premium, if any, or interest on, any of the Securities of that series as a result of such declaration, shall have been remedied or

waived. No such rescission and annulment shall extend to or shall affect any subsequent default or impair any right consequent thereon.

(d)           In

case the Trustee shall have proceeded to enforce any right with respect to Securities of that series under this Indenture and such proceedings

shall have been discontinued or abandoned because of such rescission or annulment or for any other reason or shall have been determined

adversely to the Trustee, then and in every such case the Company, any Guarantor thereof, if applicable, and the Trustee shall be restored

respectively to their former positions and rights hereunder, and all rights, remedies and powers of the Company and the Trustee shall

continue as though no such proceedings had been taken.

Section 6.07          Undertaking

to Pay Costs.

All parties to this

Indenture agree, and each holder of any Securities by such holder’s 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 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’ fees

and expenses, 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 6.07 shall not apply to any suit instituted by the Trustee, to any suit

instituted by any Securityholder, or group of Securityholders, holding more than 10% in aggregate principal amount of the Outstanding

Securities of any series, or to any suit instituted by any Securityholder for the enforcement of the payment of the principal of, premium,

if any, or interest on any Security of such series, on or after the respective due dates expressed in such Security or established pursuant

to this Indenture.

Section 6.08          Waiver

Of Usury, Stay Or Extension Laws.

Each of the Company

and any Guarantor covenants, to the extent that it may lawfully do so, that it will not at any time insist upon, or plead, or in any

manner whatsoever claim or take the benefit or advantage of, any usury, stay or extension law wherever enacted, now or at any time hereafter

in force, which may affect the covenants or the performance of this Indenture; and each of the Company and any Guarantor, to the extent

that it may lawfully do so, hereby expressly waives all benefit or advantage of any such law and covenants that it will not, 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 had been enacted.

Article VII

CONCERNING

THE TRUSTEE

Section 7.01          Certain

Duties and Responsibilities of Trustee.

(a)           In

case an Event of Default with respect to the Securities of a series has occurred (that has not been cured or waived), the Trustee shall

exercise with respect to Securities of that series such of 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 or her own

affairs.

(b)           No

provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent

failure to act, or its own bad faith, except that:

(1)           prior

to the occurrence of an Event of Default with respect to the Securities of a series and after the curing or waiving of all such Events

of Default with respect to that series that may have occurred:

(i)            the

duties and obligations of the Trustee shall with respect to the Securities of such series be determined solely by the express provisions

of this Indenture, and the Trustee shall not be liable with respect to the Securities of such series except for the performance of such

duties and obligations as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this

Indenture against the Trustee; and

(ii)           in

the absence of bad faith on the part of the Trustee, the Trustee with respect to the Securities of such series may conclusively rely,

as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished

to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions that by any

provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine

whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical computations

or other facts, statements and opinions stated therein);

(2)           the

Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of the Trustee,

unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts;

(3)           the

Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction

of the holders of not less than a majority in principal amount of the Securities of any series at the time Outstanding, determined as

provided in Sections 1.01, 6.06, 8.01 and 11.03, 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 that

series; and

(4)           none

of the provisions contained in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur personal financial

liability in the performance of any of its duties or in the exercise of any of its rights or powers, if there is reasonable ground for

believing that the repayment of such funds or liability is not assured to it under the terms of this Indenture or indemnity and security

reasonably satisfactory to it against such risk is not assured.

Section 7.02          Certain

Rights of Trustee.

Except as otherwise

provided in Section 7.01:

(a)           The

Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate, statement,

instrument, opinion, report, notice, request, direction, consent, order, approval, bond, security, other evidence of indebtedness or

other paper or document (whether in its original or facsimile form) believed by it to be genuine and to have been signed or presented

by the proper party or parties.

(b)           Any

request, direction, order, Authentication Order or demand of the Company mentioned herein shall be sufficiently evidenced by a Board

Resolution or an instrument signed in the name of the Company by an Officer (unless other evidence in respect thereof is specifically

prescribed herein).

(c)

The Trustee may consult with counsel of its own 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 or suffered or omitted hereunder

in good faith and in reliance thereon.

(d)           The

Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request, order or

direction of any of the Securityholders, pursuant to the provisions of this Indenture, unless such Securityholders shall have offered

to the Trustee indemnity satisfactory to it against the costs, expenses and liabilities that may be incurred therein or thereby.

(e)           The

Trustee shall not be liable for any action taken, suffered or omitted to be taken by it in good faith and believed by it to be authorized

or within the discretion or rights or powers conferred upon it by this Indenture.

(f)           The

Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument,

opinion, report, notice, request, direction, consent, order, approval, bond, security, other evidence of indebtedness or other papers

or documents, but the Trustee, in its discretion, may make such further inquiry into such matters as it may see fit, and if the Trustee

shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the

Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any

kind by reason of such inquiry or investigation.

(g)           The

Trustee shall not be deemed to have notice of any Event of Default unless a Responsible Officer of the Trustee has actual knowledge thereof

or unless written notice of any event which is in fact such a default is received by the Trustee at the Corporate Trust Office of the

Trustee, and such notice references the Securities and this Indenture.

(h)           The

Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or

attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with

due care by it hereunder.

(i)            The

rights, privileges, protections, benefits and immunities given to the Trustee, including, without limitation, its right to be indemnified,

are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person

employed to act hereunder.

(j)            The

Trustee may request that the Company deliver an Officer’s Certificate setting forth the names of individuals and/or titles of officers

authorized at such time to take specified actions pursuant to this Indenture, which Officer’s Certificate may be signed by any

person authorized to sign an Officer’s Certificate, including any person specified as so authorized in any such certificate previously

delivered and not superseded.

(k)           In

no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever

(including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or

damage and regardless of the form of action.

(l)

The Trustee shall not be required to give any bond or surety in respect of

the performance of its powers and duties hereunder.

Section 7.03          Trustee

not Responsible for Recitals or Issuance of Securities.

(a)           The

recitals contained herein and in the Securities shall be taken as the statements of the Company, and the Trustee assumes no responsibility

for the correctness of the same.

(b)           The

Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities.

the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of any of the Securities or of

the proceeds of such Securities, or for the use or application of any funds paid over by the Trustee in accordance with any provision

of this Indenture or established pursuant to Section 2.01, or for the use or application of any funds received by any paying agent

other than the Trustee.

Section 7.04          May Hold

Securities.

Each

of the Trustee, any Authenticating Agent, any paying agent and the Security Registrar, in its individual or any other capacity,

may become the owner or pledgee of Securities with the same rights it would have if it were not Trustee, Authenticating Agent, paying

agent or Security Registrar. However, the Trustee is subject to Sections 7.08 and 7.13.

Section 7.05          Funds

Held in Trust.

Subject to the provisions

of Section 11.06, all funds received by the Trustee, until used or applied as herein provided, shall be held in trust for the purposes

for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be

under no liability for interest on any funds received by it hereunder except such as it may agree in writing with the Company to pay

thereon.

Section 7.06          Compensation,

Reimbursement and Indemnification.

(a)           The

Company shall pay to the Trustee, and the Trustee shall be entitled to be paid, such compensation, which shall not be limited by any

provision of law in regard to the compensation of a trustee of an express trust, as the Company and the Trustee from time to time may

agree in writing, for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of

any of the powers and duties hereunder of the Trustee. Except as otherwise expressly provided herein, the Company will pay or reimburse

the Trustee upon its request for all reasonable expenses and disbursements incurred or made by the Trustee in accordance with any of

the provisions of this Indenture, including the reasonable compensation as has been agreed between the Trustee and the Company from time

to time and the expenses and disbursements of its counsel and of all Persons not regularly in its employ, except any such expense or

disbursement as may arise from its own negligence or bad faith. The Company and each Guarantor shall indemnify the Trustee or any predecessor

Trustee (and their officers, agents, directors and employees) for, and shall hold them harmless against, any and all loss, liability,

claim, damage or expense, including taxes, other than taxes based upon, measured by or determined by the income of the Trustee, reasonably

incurred by the Trustee without negligence or bad faith on its part and arising out of or in connection with the acceptance or administration

or enforcement of this trust, including the costs and expenses of defending itself against any claim of liability whether asserted by

the Company, any Guarantor, any Holder or any other Person.

(b)           The

obligations of the Company under this Section 7.06 to compensate and indemnify the Trustee and to pay or reimburse the Trustee for

expenses and disbursements shall: (i) be secured by a lien prior to that of the Securities upon all property and funds held or collected

by the Trustee as such, except funds held in trust for the benefit of the holders of particular Securities; and (ii) survive the

termination of this Indenture and resignation or removal of the Trustee.

the Trustee incurs expenses or renders services in connection with a bankruptcy event of default, such costs and expenses (including

reasonable attorneys’ fees and expenses) and the compensation for the services are intended to constitute expenses of administration

under applicable Federal or State, bankruptcy, insolvency or other law.

Section 7.07          Reliance

on Officer’s Certificate.

Except as otherwise

provided in Section 7.01, whenever in the administration of the provisions of this Indenture the Trustee shall deem it necessary

or desirable that a matter be proved or established prior to taking or suffering or omitting to take any action hereunder, such matter,

unless other evidence in respect thereof be herein specifically prescribed, in the absence of negligence or bad faith on the part of

the Trustee, may be deemed to be conclusively proved and established by an Officer’s Certificate delivered to the Trustee and such

certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action

taken, suffered or omitted to be taken by it under the provisions of this Indenture upon the faith thereof.

Section 7.08          Disqualification;

Conflicting Interests.

If the Trustee has

or shall acquire any “conflicting interest” within the meaning of Section 310(b) of the Trust Indenture Act, the

Trustee and the Company shall in all respects comply with the provisions of Section 310(b) of the Trust Indenture Act.

Section 7.09          Corporate

Trustee Required; Eligibility.

There shall at all

times be a Trustee with respect to the Securities issued hereunder which shall at all times be a corporation organized and doing business

under the laws of the United States or any State or Territory thereof or of the District of Columbia, or a corporation or other Person

permitted to act as trustee by the Commission, authorized under such laws to exercise corporate trust powers, having a combined capital

and surplus of at least $100,000,000, and subject to supervision or examination by Federal, State, Territorial, or District of Columbia

authority. If such corporation publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid

supervising or examining authority, then for the purposes of this Section 7.09 the combined capital and surplus of such corporation

shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. The Company

may not, nor may any Affiliate of the Company, serve as Trustee. In case at any time the Trustee shall cease to be eligible in accordance

with the provisions of this Section 7.09, the Trustee shall resign immediately in the manner and with the effect specified in Section 7.10.

Section 7.10          Resignation

and Removal; Appointment of Successor.

(a)           The

Trustee or any successor hereafter appointed may resign at any time with respect to the Securities of one or more series by giving a

written notice thereof to the Company and by transmitting notice of resignation by mail, first class postage prepaid, to the Securityholders

of such series, as their names and addresses appear upon the Security Register. Upon receiving such notice of resignation, the Company

promptly shall appoint a successor trustee with respect to Securities of such series. If no successor trustee shall have been so appointed

and have accepted appointment within 60 days after the retiring Trustee resigns, the retiring Trustee, at the expense of the Company,

or the Company may petition any court of competent jurisdiction for the appointment of a successor trustee with respect to Securities

of such series, or any Securityholder of that series who has been a bona fide holder of a Security or Securities for at least six months

may on behalf of himself and all others similarly situated, petition any such court for the appointment of a successor trustee. Such

court may thereupon after such notice, if any, as it may deem proper and prescribe, appoint a successor trustee.

(b)           The

Company may remove the Trustee with respect to all or any series of Securities and appoint a successor trustee, or, unless the Trustee’s

duty to resign is stayed as provided herein, any Securityholder who has been a bona fide holder of a Security or Securities for at least

six months, on behalf of that holder and all others similarly situated, may petition any court of competent jurisdiction for the removal

of the Trustee and the appointment of a successor trustee if:

(1)           the

Trustee shall fail to comply with the provisions of Section 7.08 after written request therefor by the Company or by any Securityholder

who has been a bona fide holder of a Security or Securities for at least six months; or

(2)           the

Trustee shall cease to be eligible in accordance with the provisions of Section 7.09 and shall fail to resign after written request

therefor by the Company or by any such Securityholder; or

(3)           the

Trustee shall become incapable of acting, or shall be adjudged to be bankrupt or insolvent, or commences a voluntary bankruptcy proceeding,

or a receiver of the Trustee or of its property shall be appointed or consented to, or any public officer shall take charge or control

of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation.

Such court may thereupon after such

notice, if any, as it may deem proper and prescribe, remove the Trustee and appoint a successor trustee. If an instrument of acceptance

by a successor Trustee shall not have been delivered to the Trustee within 30 days after the giving of such notice of removal, the Trustee

being removed may petition, at the expense of the Company, any court of competent jurisdiction for the appointment of a successor Trustee

with respect to the Securities of such series.

holders of a majority in aggregate principal amount of the Securities of any series at the time Outstanding at any time may remove the

Trustee with respect to such series by so notifying the Trustee and the Company and may appoint a successor Trustee for such series with

the consent of the Company. If an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within

30 days after the giving of such notice of removal, the Trustee being removed may petition, at the expense of the Company, any court

of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

(d)           Any

resignation or removal of the Trustee and appointment of a successor trustee with respect to the Securities of a series pursuant to any

of the provisions of this Section 7.10 shall become effective upon acceptance of appointment by the successor trustee as provided

in Section 7.11.

(e)           Any

successor trustee appointed pursuant to this Section 7.10 may be appointed with respect to the Securities of one or more series

or all of such series, and at any time there shall be only one Trustee with respect to the Securities of any particular series.

Section 7.11          Acceptance

of Appointment By Successor.

(a)           In

case of the appointment hereunder of a successor trustee with respect to all Securities, every such successor trustee so appointed shall

execute, acknowledge and deliver to the Company and to the retiring Trustee an instrument accepting such appointment, and thereupon the

resignation or removal of the retiring Trustee shall become effective and such successor trustee, without any further act, deed or conveyance,

shall become vested with all the rights, powers, trusts and duties of the retiring Trustee. On the written request of the Company or

the successor trustee, such retiring Trustee, upon payment of its charges, shall execute and deliver an instrument transferring to such

successor trustee all the rights, powers, and trusts of the retiring Trustee and shall assign, transfer and deliver to such successor

trustee all property and funds held by such retiring Trustee hereunder.

(b)           In

case of the appointment hereunder of a successor trustee with respect to the Securities of one or more but not all series, the Company,

the retiring Trustee and each successor trustee with respect to the Securities of one or more series shall execute and deliver an indenture

supplemental hereto wherein each successor trustee shall accept such appointment and which: (i) shall contain such provisions as

shall be necessary or desirable to transfer and confirm to, and to vest in, each successor trustee all the rights, powers, trusts and

duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor trustee

relates; (ii) shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts

and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring

shall continue to be vested in the retiring Trustee; and (iii) shall add to or change any of the provisions of this Indenture as

shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood

that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust, that each such Trustee

shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such

Trustee and that no Trustee shall be responsible for any act or failure to act on the part of any other Trustee hereunder. Upon the execution

and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided

therein, and such retiring Trustee shall have no further responsibility with respect to the Securities of that or those series to which

the appointment of such successor trustee relates for the exercise of rights and powers or for the performance of the duties and obligations

vested in the Trustee under this Indenture. Each such successor trustee, without any further act, deed or conveyance, shall become vested

with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which

the appointment of such successor trustee relates. On the written request of the Company or any successor trustee, such retiring Trustee

shall assign, transfer and deliver to such successor trustee, to the extent contemplated by such supplemental indenture, the property

and funds held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of

such successor trustee relates.

request of any such successor trustee, the Company may execute any and all instruments for more fully and certainly vesting in and confirming

to such successor trustee all such rights, powers and trusts referred to in Section 7.11(a) or (b), as the case may be.

(d)           No

successor trustee shall accept its appointment unless at the time of such acceptance such successor trustee shall be qualified and eligible

under this Article VII.

(e)           Upon

acceptance of appointment by a successor trustee as provided in this Section 7.11, the successor trustee shall cause a notice of

its succession to be transmitted to Securityholders.

Section 7.12          Merger,

Conversion, Consolidation or Succession to Business.

Any corporation

into which the Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger,

conversion or consolidation to which the Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate

trust business of the Trustee, shall be the successor of the Trustee hereunder, provided that such corporation shall be qualified under

the provisions of Section 7.08 and eligible under the provisions of Section 7.09, without the execution or filing of any paper

or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered,

by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication

and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

Section 7.13          Preferential

Collection of Claims Against the Company.

The Trustee shall

comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of

the Trust Indenture Act. A Trustee who has resigned or been removed shall continue to be subject to Section 311(a) of the Trust

Indenture Act.

Article VIII

CONCERNING

THE SECURITYHOLDERS

Section 8.01          Evidence

of Action by Securityholders.

Whenever in this

Indenture it is provided that the holders of a majority or specified percentage in aggregate principal amount of the Securities of a

particular series may take any action (including the making of any demand or request, the giving of any notice, consent or waiver or

the taking of any other action), the fact that at the time of taking any such action the holders of such majority or specified percentage

of that series have joined therein may be evidenced by any instrument or any number of instruments of similar tenor executed by such

holders of Securities of that series in Person or by agent or proxy appointed in writing.

If the Company shall

solicit from the Securityholders of any series any request, demand, authorization, direction, notice, consent, waiver or other action,

the Company, at its option, as evidenced by an Officer’s Certificate, may fix in advance a record date for such series for the

determination of Securityholders entitled to give such request, demand, authorization, direction, notice, consent, waiver or other action,

but the Company shall have no obligation to do so. If such a record date is fixed, such request, demand, authorization, direction, notice,

consent, waiver or other action may be given before or after the record date, but only the Securityholders of record at the close of

business on the record date shall be deemed to be Securityholders for the purposes of determining whether Securityholders of the requisite

proportion of Outstanding Securities of that series have authorized or agreed or consented to such request, demand, authorization, direction,

notice, consent, waiver or other action, and for that purpose the Outstanding Securities of that series shall be computed as of the record

date; provided, however, that no such authorization, agreement or consent by such Securityholders on the record date shall be deemed

effective unless it shall become effective pursuant to the provisions of this Indenture not later than six months after the record date.

Section 8.02          Proof

of Execution by Securityholders.

Subject to the provisions

of Section 7.01, proof of the execution of any instrument by a Securityholder (such proof will not require notarization) or his

agent or proxy and proof of the holding by any Person of any of the Securities shall be sufficient if made in the following manner:

(a)           The

fact and date of the execution by any such Person of any instrument may be proved in any reasonable manner acceptable to the Trustee.

(b)           The

ownership of Securities shall be proved by the Security Register of such Securities or by a certificate of the Security Registrar thereof.

Trustee may require such additional proof of any matter referred to in this Section 8.02 as it shall deem necessary.

Section 8.03          Who

May be Deemed Owners.

Prior to the due

presentment for registration of transfer of any Security, the Company, the Trustee, any paying agent and any Security Registrar may deem

and treat the Person in whose name such Security shall be registered upon the books of the Company as the absolute owner of such Security,

whether or not such Security shall be overdue and notwithstanding any notice of ownership or writing thereon made by anyone other than

the Security Registrar, for the purpose of receiving payment of or on account of the principal of, premium, if any, and (subject to Section 2.03)

interest on such Security and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Security Registrar

shall be affected by any notice to the contrary.

None of the Company,

the Trustee, any paying agent or the Security Registrar will have any responsibility or liability for any aspect of the records relating

to or payments made on account of beneficial interests in a Global Security or for maintaining, supervising or reviewing any records

relating to such beneficial interests.

Section 8.04          Certain

Securities Owned by Company Disregarded.

In determining whether

the holders of the requisite aggregate principal amount of Securities of a particular series have concurred in any direction, consent

of waiver under this Indenture, the Securities of that series that are owned by the Company, a Guarantor or any other obligor on the

Securities of that series or by an Affiliate of the Company or a Guarantor shall be disregarded and deemed not to be Outstanding for

the purpose of any such determination, except that for the purpose of determining whether the Trustee shall be protected in relying on

any such direction, consent or waiver, only Securities of such series that a Responsible Officer of the Trustee knows are so owned shall

be so disregarded. The Securities so owned that have been pledged in good faith may be regarded as Outstanding for the purposes of this

Section 8.04, if the pledgee shall establish to the satisfaction of the Trustee the pledgee’s right so to act with respect

to such Securities and that the pledgee is not an Affiliate. In case of a dispute as to such right, any decision by the Trustee taken

upon the advice of counsel shall be full protection to the Trustee. Upon request of the Trustee, the Company shall furnish to the Trustee

promptly an Officer’s Certificate listing and identifying all Securities of a particular series, if any known by the Company or

a Guarantor to be owned or held by or for the account of any of the above described Persons and, subject to Sections 7.01 and 7.02, the

Trustee shall be entitled to accept such Officer’s Certificate as conclusive evidence of the facts therein set forth and of the

fact that all Securities of such particular series not listed therein are Outstanding for the purpose of any such determination.

Section 8.05          Actions

Binding on Future Securityholders.

At any time prior

to the evidencing to the Trustee, as provided in Section 8.01, of the taking of any action by the holders of the majority or percentage

in aggregate principal amount of the Securities of a particular series specified in this Indenture in connection with such action, any

holder of a Security of that series that is shown by the evidence to be included in the Securities the holders of which have consented

to such action, by filing written notice with the Trustee, and upon proof of holding as provided in Section 8.02, may revoke such

action so far as concerns such Security. Except as aforesaid any such action taken by the holder of any Security shall be conclusive

and binding upon such holder and upon all future holders and owners of such Security, and of any Security issued in exchange therefor,

on registration of transfer thereof or in place thereof, irrespective of whether or not any notation in regard thereto is made upon such

Security. Any action taken by the holders of the majority or percentage in aggregate principal amount of the Securities of a particular

series specified in this Indenture in connection with such action shall be conclusively binding upon the Company, the Trustee and the

holders of all the Securities of that series.

Article IX

SUPPLEMENTAL

INDENTURES

Section 9.01          Supplemental

Indentures Without the Consent of Securityholders.

In addition to any

supplemental indenture otherwise authorized by this Indenture, the Company, any Guarantor of a series, if applicable, and the Trustee

from time to time and at any time may enter into an indenture or indentures supplemental hereto which shall conform to the provisions

of the Trust Indenture Act as then in effect, without the consent of the holders of any series of Securities, for one or more of the

following purposes:

(a)           to

cure any ambiguity, defect, or inconsistency herein or in the Securities of any series, including making any such changes as are required

for this Indenture to comply with the Trust Indenture Act;

(b)           to

add an additional obligor on the Securities or to add a Guarantor of any outstanding series of Securities, or to evidence the succession

of another Person to the Company or any such Guarantor, or successive successions, and the assumption by the successor Person of the

covenants, agreements and obligations of the Company or any Guarantor, as the case may be, pursuant to Article X;

provide for uncertificated Securities in addition to or in place of certificated Securities;

(d)           to

add to the covenants of the Company for the benefit of the holders of any outstanding series of Securities (and if such covenants are

to be for the benefit of less than all outstanding series of Securities, stating that such covenants are expressly being included solely

for the benefit of such series) or to surrender any right or power herein conferred upon the Company or any Guarantor;

(e)           to

add any additional Events of Default for the benefit of the holders of any outstanding series of Securities (and if such Events of Default

are to be applicable to less than all outstanding series, stating that such Events of Default are expressly being included solely to

be applicable to such series);

(f)            to

change or eliminate any of the provisions of this Indenture, provided that any such change or elimination shall not become effective

with respect to any outstanding Security of any series created prior to the execution of such supplemental indenture which is entitled

to the benefit of such provision;

(g)           to

secure the Securities of any series;

(h)           to

make any other change that does not adversely affect the rights of any Securityholder of Outstanding Securities of the affected series

of Securities in any material respect;

(i)            to

provide for the issuance of and establish the form and terms and conditions of the Securities of any series as provided in Section 2.01,

to provide which, if any, of the covenants of the Company shall apply to such series, to provide which of the Events of Default shall

apply to such series, to name one or more Guarantors and provide for Guarantees of such series of Securities, to provide for the terms

and conditions upon which the Guarantees of such series of Securities may be released or terminated, or to define the rights of the holders

of such series of Securities;

(j)            to

issue additional Securities of any series; provided that such additional Securities have the same terms as, and be deemed part of the

same series as, the applicable series of Securities issued hereunder to the extent required by Section 2.01(b);

(k)           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 trust hereunder by more than one Trustee;

(l)            to

supplement any of the provisions herein to permit or facilitate the defeasance and discharge of the Securities of any series in a manner

consistent with the provisions described in Section 11.03; provided, however, that any such action shall not adversely affect the

interest of the holders of Securities of such series or any other series in any material respect; or

(m)          to

conform the text of this Indenture, any supplemental indenture or any Security to the description thereof in any prospectus, prospectus

supplement or offering circular or memorandum or supplement thereto with respect to the offer and sale of Securities of any series, to

the extent that such description is inconsistent with a provision in this Indenture, any supplemental indenture or Security, as provided

in an Officer’s Certificate.

Upon the request

of the Company, accompanied by Board Resolutions authorizing the execution of any such supplemental indenture, and upon receipt by the

Trustee of the documents described in Section 9.05, the Trustee shall join with the Company and any Guarantor, if applicable, in

the execution of any such supplemental indenture, and to make any further appropriate agreements and stipulations that may be therein

contained, but the Trustee shall not be obligated to enter into any such supplemental indenture that affects the Trustee’s own

rights, duties or immunities under this Indenture or otherwise.

Any supplemental

indenture authorized by the provisions of this Section 9.01 may be executed by the Company, any applicable Guarantor, and the Trustee

without the consent of the holders of any of the Securities at the time Outstanding, notwithstanding any of the provisions of Section 9.02.

Section 9.02          Supplemental

Indentures with Consent of Securityholders.

With the consent

(evidenced as provided in Section 8.01) of the holders of not less than a majority in aggregate principal amount of the Securities

of each series at the time Outstanding affected by such supplemental indenture or indentures, the Company and any Guarantor, when authorized

by Board Resolutions, and the Trustee from time to time and at any time may enter into an indenture or indentures supplemental hereto

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 not covered by Section 9.01 the rights of the holders of the Securities of

such series under this Indenture; provided, however, that no such supplemental indenture, without the consent of the holders of each

Security of such series then Outstanding and affected thereby, shall: (i) extend a fixed maturity of or any installment of principal

of any Securities of any series or reduce the principal amount thereof or reduce the amount of principal of any original issue discount

security that would be due and payable upon declaration of acceleration of the maturity thereof; (ii) reduce the rate of or extend

the time for payment of interest on any Security of any series; (iii) reduce the premium payable upon the redemption of any Security;

(iv) make any Security payable in Currency other than that stated in the Security; (v) impair the right to institute suit for

the enforcement of any payment on or after the fixed maturity thereof (or in the case of redemption, on or after the redemption date);

or (vi) reduce the aforesaid percentage of Securities, the holders of which are required to consent to any such supplemental indenture

or indentures.

A supplemental indenture

that changes or eliminates any covenant, Event of Default or other provision of this Indenture that has been expressly included solely

for the benefit of one or more particular series of Securities, if any, or which modifies the rights of the holders of Securities of

such series with respect to such covenant, Event of Default or other provision, shall be deemed not to affect the rights under this Indenture

of the holders of Securities of any other series.

It shall not be

necessary for the consent of Securityholders of a series affected thereby under this Section 9.02 to approve the particular form

of any proposed supplemental indenture, amendment or waiver, but it shall be sufficient if such consent shall approve the substance thereof.

Promptly after the

execution by the Company, any applicable Guarantor and the Trustee of any supplemental indenture pursuant to the provisions of this Section 9.02,

the Company shall mail or caused to be mailed a notice thereof by first class mail to the Holders of Securities of each series affected

thereby at their addresses as they shall appear on the Security Register, setting forth in general terms the substance of such supplemental

indenture. Any failure of the Company to mail such notice, or any defect therein, shall not in any way impair or affect the validity

of any such supplemental indenture.

Section 9.03          Effect

of Supplemental Indentures.

Upon the execution

of any supplemental indenture pursuant to the provisions of this Article IX or Section 10.01, this Indenture shall be and be

deemed to be modified and amended with respect to such series in accordance therewith and the respective rights, limitations of rights,

obligations, duties and immunities under this Indenture of the Trustee, the Company, any applicable Guarantor and the holders of Securities

of the series affected thereby shall thereafter be determined, exercised and enforced hereunder subject in all respects to such modifications

and amendments, and all the terms and conditions of any such supplemental indenture shall be and be deemed to be part of the terms and

conditions of this Indenture for any and all purposes.

Section 9.04          Securities

Affected by Supplemental Indentures.

Securities of any

series affected by a supplemental indenture and authenticated and delivered after the execution of such supplemental indenture pursuant

to the provisions of this Article or of Section 10.01 may bear a notation in form approved by the Company, provided such form

meets the requirements of any exchange upon which such series may be listed, as to any matter provided for in such supplemental indenture.

If the Company shall so determine, new Securities of that series so modified as to conform, in the opinion of the Board of Directors

of the Company, to any modification of this Indenture contained in any such supplemental indenture may be prepared by the Company, authenticated

by the Trustee in accordance with the terms of this Indenture and delivered in exchange for the Securities of that series then Outstanding.

Section 9.05          Execution

of Supplemental Indentures.

Upon the request

of the Company, accompanied by Board Resolutions authorizing the execution of any such supplemental indenture, and, if applicable, upon

the filing with the Trustee of evidence of the consent of Securityholders required to consent thereto as aforesaid, the Trustee shall

join with the Company and any applicable Guarantor in the execution of such supplemental indenture unless such supplemental indenture

affects the Trustee’s own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee in its discretion

may but shall not be obligated to enter into such supplemental indenture. In executing, or accepting the additional trusts created by,

any supplemental indenture permitted by this Article IX or the modifications thereby of the trusts created by this Indenture, the

Trustee shall receive, and shall be fully protected in relying upon, an Officer’s Certificate and an Opinion of Counsel stating

that the execution of such supplemental indenture is authorized or permitted by this Indenture and that such supplemental indenture is

the legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms.

Article X

SUCCESSOR

Section 10.01        Consolidation,

Merger and Sale of Assets.

Each of the Company

and nVent covenants that it will not merge or consolidate with any other Person or sell or convey all or substantially all of its assets

in one transaction or a series of related transactions to any Person, unless:

(i)            either

the Company or nVent, as the case may be, shall be the continuing entity, or the successor entity or the Person which acquires by sale

or conveyance substantially all the assets of the Company or nVent, as the case may be (if other than the Company or nVent, as the case

may be), (A) shall expressly assume the due and punctual payment of the principal of, premium, if any, and interest on all the Securities

or the obligations under the nVent Guarantee, as the case may be, according to their tenor, and the due and punctual performance and

observance of all of the covenants and agreements of this Indenture to be performed or observed by the Company or nVent, as the case

may be, by a supplemental indenture reasonably satisfactory to the Trustee, executed and delivered to the Trustee by such Person and

(B) shall obtain either (x) an opinion, in form and substance reasonably acceptable to the Trustee, of tax counsel of recognized

standing reasonably acceptable to the Trustee, which counsel shall include Foley & Lardner LLP, or (y) a ruling from the

United States Internal Revenue Service, in either case to the effect that such merger or consolidation, or such sale or conveyance, will

not result in an exchange of the Securities for new debt instruments for United States federal income tax purposes; and

(ii)           no

Event of Default and no event that, after notice or lapse of time or both, would become an Event of Default shall be continuing immediately

after such merger or consolidation, or such sale or conveyance.

The Company shall

deliver to the Trustee prior to or simultaneously with the consummation of the proposed transaction an Officer’s Certificate to

the foregoing effect and an Opinion of Counsel stating that the proposed transaction and such supplemental indenture comply with this

Indenture.

To the extent that

a Board Resolution or supplemental indenture pertaining to any series provides for different provisions relating to the subject matter

of this Article X, the provisions in such Board Resolution or supplemental indenture shall govern for purposes of such series.

Section 10.02        Successor

Person Substituted.

Upon any consolidation

or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or nVent, as

the case may be, the successor Person formed by such consolidation or into or with which the Company or nVent, as the case may be, 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 or nVent, as the case may be, under this Indenture with the same effect as if such successor Person

has been named as the Company or nVent, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance

by way of lease) the Company or nVent, as the case may be, or any successor entity which shall theretofore have become such in the manner

described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the

Guarantees and may be liquidated and dissolved.

Article XI

SATISFACTION

AND DISCHARGE

Section 11.01        Applicability

of Article.

If the Securities

of a series are denominated and payable only in Dollars (except as provided pursuant to Section 2.01), then the provisions of this

Article XI relating to defeasance of Securities shall be applicable except as otherwise specified pursuant to Section 2.01

for Securities of such series. Defeasance provisions, if any, for Securities denominated in a Foreign Currency may be specified pursuant

to Section 2.01.

Section 11.02        Satisfaction

and Discharge of Indenture.

If at any time:

(a)           the

Company or any Guarantor, as applicable, shall have delivered or shall have caused to be delivered to the Trustee for cancellation all

Securities of a series theretofore authenticated, other than any Securities that shall have been destroyed, lost or stolen and that shall

have been replaced or paid as provided in Section 2.07, and Securities for whose payment funds or Governmental Obligations have

theretofore been deposited in trust or segregated and held in trust by the Company or any Guarantor, as applicable, and thereupon repaid

to the Company or any Guarantor, as applicable, or discharged from such trust, as provided in Section 11.06; or

(b)           all

such Securities of a particular series not theretofore delivered to the Trustee for cancellation shall have become due and payable or

are by their terms to become due and payable within one year or are to be called for redemption within one year under arrangements satisfactory

to the Trustee for the giving of notice of redemption, and the Company or any Guarantor, as applicable, shall irrevocably deposit or

cause to be deposited with the Trustee as trust funds the entire amount, in funds or Governmental Obligations sufficient, or a combination

thereof sufficient, to pay at maturity or upon redemption all Securities of such series not theretofore delivered to the Trustee for

cancellation, including principal, premium, if any, and interest due or to become due on such date of maturity or redemption date, as

the case may be, and if in either case the Company or any Guarantor, as applicable, shall also pay or cause to be paid all other sums

payable hereunder with respect to such series by the Company,

then this Indenture shall cease to be

of further effect with respect to such series except for the provisions of Sections 2.03, 2.04, 2.05, 2.07, 4.01, 4.02, 4.03, 7.05 and

7.10, that shall survive until the date of maturity or redemption date, as the case may be, and Sections 7.06 and 11.06 and Article XIV,

that shall survive to such date and thereafter, and the Trustee, on demand of the Company and at the cost and expense of the Company

shall execute proper instruments acknowledging satisfaction of and discharging this Indenture with respect to such series.

Section 11.03        Defeasance

and Discharge of Obligations; Covenant Defeasance.

(a)           If

at any time:

(i)

all such Securities of a particular series not heretofore delivered to the Trustee for cancellation or that have not

become due and payable as described in Section 11.02 shall have been paid by the Company or any Guarantor, as applicable, by

depositing irrevocably with the Trustee in trust funds or Governmental Obligations, or a combination thereof, sufficient to pay at

maturity or upon redemption all such Securities of that series not theretofore delivered to the Trustee for cancellation, including

principal, premium, if any, and interest due or to become due to such date of maturity or date fixed for redemption, as the case may

be, and

(ii)           the

Company or any Guarantor, as applicable, shall also pay or cause to be paid all other amounts payable hereunder by the Company with respect

to such series, then, subject to Section 11.03(c), after the date such funds or Governmental Obligations, as the case may be, are

deposited with the Trustee, the obligations of the Company and any Guarantor, as applicable, under this Indenture with respect to such

series shall cease to be of further effect except, to the extent applicable to each, for the provisions of Sections 2.03, 2.04, 2.05,

2.07, 4.01, 4.02, 4.03, 7.05 and 7.10 hereof that shall survive until such Securities shall mature and be paid (“defeasance”).

Thereafter, Sections 7.06 and 11.06 and Article XIV shall survive such satisfaction and discharge.

(b)           In

addition, each of the Company and any Guarantor, as applicable, at its option and at any time, by written notice executed by an Officer

delivered to the Trustee, may elect to have its obligations, to the extent applicable to each, under Section 5.03 and any covenant

contained in Article X, and any other covenant contained in the Board Resolution or supplemental indenture relating to such series

pursuant to Section 2.01, discharged with respect to all Outstanding Securities of a series, this Indenture and any indentures supplemental

to this Indenture insofar as such Securities are concerned (“covenant defeasance”), such discharge to be effective

on the date the conditions set forth in clauses (i) through (vi) of Section 11.03(c) are satisfied, and such Securities

shall thereafter be deemed to be not “Outstanding” for the purposes of any direction, waiver, consent or declaration of Securityholders

(and the consequences of any thereof) in connection with such covenants, but shall continue to be “Outstanding” for all other

purposes under this Indenture. For this purpose, such covenant defeasance means that, with respect to the Outstanding Securities of a

series, the Company and any Guarantor, as applicable, may omit to comply with and shall have no liability in respect of any term, condition

or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such

covenant or by reason of reference in any such covenant to any other provision herein or in any other document and such omission to comply

shall not constitute an Event of Default under Section 6.01(a)(4) or otherwise, but except as specified in this Section 11.03(b),

the remainder of the Company’s and any Guarantor’s obligations under the Securities of such series, this Indenture, and any

indentures supplemental to this Indenture with respect to such series shall be unaffected thereby.

following shall be the conditions to the application of Section 11.03 to the Outstanding Securities of the applicable series:

(i)            the

Company or a Guarantor irrevocably deposits in trust with the Trustee or, at the option of the Trustee, with a trustee satisfactory to

the Trustee and the Company or Guarantor, as the case may be, under the terms of an irrevocable trust agreement in form and substance

satisfactory to the Trustee, funds or Governmental Obligations sufficient, in the opinion of a nationally-recognized firm of independent

accountants, to pay principal of, premium, if any, and interest on the Outstanding Securities of such series to maturity or redemption,

as the case may be, and to pay all other amounts payable by it hereunder with respect to the Outstanding Securities of such series, provided

that (A) the trustee of the irrevocable trust shall have been irrevocably instructed to pay such funds or the proceeds of such Governmental

Obligations to the Trustee and (B) the Trustee shall have been irrevocably instructed to apply such funds or the proceeds of such

Governmental Obligations to the payment of said principal, premium, if any, and interest with respect to the Securities of such series;

(ii)           the

Company or Guarantor, as the case may be, delivers to the Trustee an Officer’s Certificate stating that all conditions precedent

specified herein relating to defeasance or covenant defeasance, as the case may be, have been complied with, and an Opinion of Counsel

to the same effect;

(iii)          no

Event of Default under clauses (1), (2), (3), (6), or (7) of Section 6.01(a) shall have occurred and be continuing, and

no event which with notice or lapse of time or both would become such an Event of Default shall have occurred and be continuing, on the

date of such deposit;

(iv)          the

Company or Guarantor, as the case may be, shall have delivered to the Trustee an Opinion of Counsel or a ruling received from the Internal

Revenue Service to the effect 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 the Company’s or any Guarantor’s exercise of its option to effect defeasance or covenant defeasance,

as the case may be, under this Section 11.03 and will be subject to Federal income tax in the same amount and in the same manner

and at the same times as would have been the case if such election had not been exercised;

(v)          such

defeasance or covenant defeasance shall not (i) cause the Trustee to have a conflicting interest for purposes of the Trust Indenture

Act with respect to any Securities or (ii) result in the trust arising from such deposit to constitute, unless it is registered

as such, a regulated investment company under the Investment Company Act of 1940; and

(vi)          notwithstanding

any other provisions of this Section 11.03, such covenant defeasance shall be effected in compliance with any additional or substitute

terms, conditions or limitations which may be imposed on the Company or Guarantor pursuant to Section 2.01.

After

such irrevocable deposit made pursuant to this Section 11.03 and satisfaction of the other conditions set forth herein, the Trustee

upon written request shall acknowledge in writing the discharge of the Company’s and each Guarantor’s

obligations pursuant to this Section 11.03.

Section 11.04        Deposited

Funds to be Held in Trust.

All funds or Governmental

Obligations deposited with the Trustee pursuant to Sections 11.02 or 11.03 shall be held in trust and shall be available for payment

as due, either directly or through any paying agent, including the Company or any Guarantor, as applicable, acting as its own paying

agent, to the holders of the particular series of Securities for the payment or redemption of which such funds or Governmental Obligations

have been deposited with the Trustee. nVent or the Company shall pay and indemnify the Trustee against any tax, fee or other charge imposed

on or assessed against the Governmental Obligations deposited pursuant to Section 11.03 or the principal and interest received in

respect thereof other than any such tax, fee or other charge which by law is for the account of the Securityholders of Outstanding Securities.

Section 11.05        Payment

of Funds Held by Paying Agents.

In connection with

the provisions of Section 11.02 or 11.03, all funds or Governmental Obligations then held by any paying agent under the provisions

of this Indenture shall, upon demand of the Company or any Guarantor, as applicable, be paid to the Trustee and thereupon such paying

agent shall be released from all further liability with respect to such funds or Governmental Obligations. nVent or the Company shall

pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Governmental Obligations deposited

pursuant to Section 11.03 or the principal and interest received in respect thereof other than any such tax, fee or other charge

which by law is for the account of the Securityholders of Outstanding Securities.

Section 11.06        Repayment

to the Company or a Guarantor.

Any funds or Governmental

Obligations deposited with any paying agent or the Trustee, or then held by the Company or any Guarantor, in trust for payment of principal

of, premium, if any, or interest on the Securities of a particular series that are not applied but remain unclaimed by the holders of

such Securities for at least one year after the date upon which the principal of, premium, if any, or interest on such Securities shall

have respectively become due and payable, shall be repaid to the Company or any Guarantor, as applicable, or if then held by the Company

or any Guarantor shall be discharged from such trust; and thereafter, the paying agent and the Trustee shall be released from all further

liability with respect to such funds or Governmental Obligations, and the holder of any of the Securities entitled to receive such payment

shall thereafter, as an unsecured general creditor, look only to the Company or such Guarantor, as applicable, for the payment thereof.

Anything in this Article XI to the contrary notwithstanding, subject to Section 7.06, the Trustee shall deliver or pay to the

Company or any Guarantor, as applicable, from time to time upon written request by the Company or any Guarantor, which shall be accompanied

by an Officer’s Certificate, any funds or Governmental Obligations (or other property and any proceeds therefrom) held by it as

provided in Sections 11.02 or 11.03 which, in the opinion of a nationally recognized firm of independent public accountants expressed

in a written certification thereof delivered to the Trustee, are in excess of the amount thereof that would then be required to be deposited

to effect a defeasance or covenant defeasance, as the case may be, in accordance with this Article XI.

Section 11.07

Reinstatement.

the Trustee or paying agent is unable to apply any funds or Governmental Obligations in accordance with Section 11.02 or 11.03 by

reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or

otherwise prohibiting such application, the Company’s and any applicable Guarantor’s

obligations under this Indenture, any indentures supplemental to this Indenture with respect to the applicable series of Securities and

the Securities of such series shall be revived and reinstated as though no deposit had occurred pursuant to Section 11.02 or 11.03,

as the case may be, until such time as the Trustee or paying agent is permitted to apply all such funds or Governmental Obligations in

accordance with Section 11.02 or 11.03, as the case may be; provided, however, that if the Company or a Guarantor has made any payment

of principal, premium, if any, or interest on any Securities of such series following the reinstatement of its obligations as aforesaid,

the Company or such Guarantor, as applicable, shall be subrogated to the rights of the holders of such Securities of such series to receive

such payment from the funds or Governmental Obligations held by the Trustee or paying agent.

Article XII

IMMUNITY

OF INCORPORATORS, STOCKHOLDERS,

OFFICERS AND DIRECTORS

Section 12.01        No

Recourse.

No recourse under

or upon any obligation, covenant or agreement of this Indenture, or of any Security, or for any claim based thereon or otherwise in respect

thereof, shall be had against any incorporator, shareholder, officer or director, past, present or future as such, of the Company or

any Guarantor or of any predecessor or successor corporation, either directly or through the Company or Guarantor or any such predecessor

or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment

or penalty or otherwise; it being expressly understood that this Indenture and the obligations issued hereunder are solely corporate

obligations, and that no such personal liability whatever shall attach to, or is or shall be incurred by, the incorporators, shareholders,

officers or directors as such, of the Company or Guarantor or of any predecessor or successor corporation, or any of them, because of

the creation of the indebtedness hereby authorized, or under or by reason of the obligations, covenants or agreements contained in this

Indenture or in any of the Securities or implied therefrom; and that any and all such personal liability of every name and nature, either

at common law or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator,

shareholder, officer or director as such, because of the creation of the indebtedness hereby authorized, or under or by reason of the

obligations, covenants or agreements contained in this Indenture or in any of the Securities or implied therefrom, are hereby expressly

waived and released as a condition of, and as a consideration for, the execution of this Indenture and the issuance of such Securities.

Article XIII

MISCELLANEOUS

PROVISIONS

Section 13.01        Effect

on Successors and Assigns.

All the agreements

of the Company and any Guarantor in this Indenture or the Securities shall bind their respective successors whether so expressed or not.

All agreements of the Trustee in this Indenture shall bind its successor.

Section 13.02        Actions

by Successor.

Any act or proceeding

by any provision of this Indenture authorized or required to be done or performed by any board, committee or officer of the Company or

any Guarantor shall and may be done and performed with like force and effect by the corresponding board, committee or officer of any

corporation that shall at the time be the lawful sole successor of the Company or such Guarantor, as applicable.

Section 13.03        Notices.

Any notice or communication

by the Company, a Guarantor or the Trustee to the others is duly given if in writing and delivered in person or mailed by first-class

mail (registered or certified, return receipt requested), telecopier, electronic mail (in PDF format) or overnight air courier guaranteeing

next day delivery, to the other’s address:

to the Company, nVent or nVent Finance:

nVent Electric plc

c/o nVent Management Company

1665 Utica Avenue

St. Louis Park, MN 55416

Attention: General Counsel

Telecopy No.: (763) 204-7950

If to a Guarantor other than nVent or

nVent Finance: To the address specified in the documentation naming such Guarantor.

In either

case, with copies to:

Foley &

Lardner LLP

777 E. Wisconsin Avenue

Milwaukee, WI 53202

Attention: John K. Wilson

and Louis E. Wahl

Facsimile No.: (414) 297-4900

If to the Trustee:

U.S. Bank Trust Company, National Association

60 Livingston Avenue

St. Paul, MN 55107

Attention: Global Corporate Trust Services

Facsimile No.: (651) 466-7430

The Company, any

Guarantor or the Trustee by notice to the others may designate additional or different addresses for subsequent notices or communications.

All notices and

communications, other than those sent to Securityholders, shall be deemed to have been duly given: at the time delivered by hand, if

personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when sent, if electronically

mailed in PDF format; when receipt acknowledged, if telecopied; and the next Business Day after timely delivery to the courier, if sent

by overnight air courier guaranteeing next day delivery.

Any notice or communication

to a Securityholder shall be mailed by first-class mail, certified or registered, return receipt requested, to his address shown on the

Security Register. Failure to mail a notice or communication to a Securityholder or any defect in it shall not affect its sufficiency

with respect to other Securityholders.

In the event of

suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice by mail, then such notification

as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder.

If a notice or communication

is mailed in the manner provided above within the time prescribed, it is conclusively presumed duly given, whether or not the addressee

receives it.

Section 13.04         Governing

Law.

This Indenture and

each Security and Guarantee shall be deemed to be a contract made under the internal laws of the State of New York, and for all purposes

shall be construed in accordance with the laws of said State without regard to conflicts of laws principles (except for Sections 5-1401

and 5-1402 of the New York General Obligations Law) that would require the application of any other law. This Indenture is subject to

the provisions of the Trust Indenture Act that are required to be part of this Indenture and shall, to the extent applicable, be governed

by such provisions.

Section 13.05         Treatment

of Securities as Debt.

It is intended that

the Securities will be treated as indebtedness and not as equity for United States federal income tax purposes. The provisions of this

Indenture shall be interpreted to further this intention.

Section 13.06

Compliance Certificates and Opinions.

(a)           Upon

any application or demand by the Company or a Guarantor to the Trustee to take any action under any of the provisions of this Indenture,

the Company or such Guarantor shall furnish to the Trustee an Officer’s Certificate stating that, in the opinion of the signer,

all conditions precedent provided for in this Indenture relating to the proposed action have been complied with and an Opinion of Counsel

stating that in the opinion of such counsel all such conditions precedent have been complied with, except that in the case of any such

application or demand as to which the furnishing of such documents is specifically dealt with by any provision of this Indenture relating

to such particular application or demand, no additional certificate or opinion need be furnished.

(b)           Each

certificate or opinion provided for in this Indenture and delivered to the Trustee with respect to compliance with a condition or covenant

in this Indenture (excluding any certificate contemplated by Section 4.04) shall include: (1) a statement that the Person making

such certificate or opinion has read such covenant or condition; (2) 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; (3) 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 (4) a statement as to whether or not, in the opinion

of such Person, such condition or covenant has been complied with.

Section 13.07        Payments

on Business Days.

Except as provided

pursuant to Section 2.01 pursuant to a Board Resolution, and as set forth in an Officer’s Certificate or established in one

or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or

the date of redemption of any Security shall not be a Business Day, then payment of principal, premium, if any, or interest or principal

and premium, if any, may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of

maturity or redemption, and no interest shall accrue on such nominal date or for the period after such nominal date.

Section 13.08        Conflict

with Trust Indenture Act.

If and to the extent

that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by Sections 310 to 317, inclusive, of the

Trust Indenture Act, such imposed duties shall control.

Section 13.09        Counterparts.

This Indenture may

be executed in any number of counterparts, each of which shall be an original, but such counterparts shall together constitute but one

and the same instrument. The exchange of copies of this Indenture and of signature pages by facsimile or PDF transmission shall

constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture

for all purposes. Delivery of an executed counterpart of a signature page to this Indenture by telecopier, facsimile or other electronic

transmission (including any electronic signature covered by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act,

the Electronic Signature and Records Act or other applicable law) shall be effective and valid as delivery of a manually executed counterpart

thereof.

Section 13.10        Separability.

In case any one

or more of the provisions contained in this Indenture or in the Securities of any series shall for any reason be held to be invalid,

illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this

Indenture or of such Securities, but this Indenture and such Securities shall be construed as if such invalid or illegal or unenforceable

provision had never been contained herein or therein.

Section 13.11        No

Adverse Interpretation of Other Agreements.

This Indenture may

not be used to interpret another indenture, loan or debt agreement of, the Company, any Guarantor or a Subsidiary. Any such indenture,

loan or debt agreement may not be used to interpret this Indenture.

Section 13.12        Table

of Contents, Headings, Etc.

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.

Section 13.13        Consent

to Jurisdiction and Service of Process.

The Company and

each Guarantor (including nVent and nVent Finance) agree that any legal suit, action or proceeding brought by any party to enforce any

rights under or with respect to this Indenture, any Security and any Guarantee or any other document or the transactions contemplated

hereby or thereby may be instituted in any state or federal court in The City of New York, State of New York, United States of America,

irrevocably waives to the fullest extent permitted by law any objection which it may now or hereafter have to the laying of venue of

any such suit, action or proceeding, irrevocably waives to the fullest extent permitted by law any claim that and agrees not to claim

or plead in any court that any such action, suit or proceeding brought in such court has been brought in an inconvenient forum and irrevocably

submits to the non-exclusive jurisdiction of any such court in any such suit, action or proceeding or for recognition and enforcement

of any judgment in respect thereof.

The Company and

each Guarantor (including nVent and nVent Finance) hereby irrevocably and unconditionally designate and appoint Corporation Service Company,

19 West 44th Street, Suite 400, New York, NY 10036 (and any successor entity) (“CSC”) as its authorized

agent to receive and forward on its behalf service of any and all process which may be served in any such suit, action or proceeding

in any such court and agrees that service of process upon CSC shall be deemed in every respect effective service of process upon the

Company or any Guarantor, as applicable, in any such suit, action or proceeding and shall be taken and held to be valid personal service

upon the Company or each Guarantor, as the case may be. Said designation and appointment shall be irrevocable. Nothing in this Section 13.13

shall affect the right of the Holders to serve process in any manner permitted by law or limit the right of the Holders to bring proceedings

against the Company or any Guarantor in the courts of any jurisdiction or jurisdictions. The Company and each Guarantor further agree

to take any and all action, including the execution and filing of any and all such documents and instruments, as may be necessary to

continue such designation and appointment of CSC in full force and effect so long as the Securities are outstanding. The Company and

each Guarantor hereby irrevocably and unconditionally authorize and direct CSC to accept such service on its behalf. If for any reason

CSC ceases to be available to act as such, the Company and each Guarantor agree to designate a new agent in New York City.

To the extent that

the Company or any Guarantor has or hereafter may acquire any immunity from jurisdiction of any court (including any court in the United

States, the States of Delaware or New York, Luxembourg, Ireland or any other jurisdiction in which the Company or any such Guarantor,

or any successor thereof, may be organized or any political subdivisions thereof) or from any legal process (whether through service

of notice, attachment prior to judgment, attachment in aid of execution, execution or otherwise) with respect to itself or its property

or assets, this Indenture, the Securities, the Guarantees or any other documents or actions to enforce judgments in respect of any thereof,

then the Company and each Guarantor hereby irrevocably waives such immunity, and any defense based on such immunity, in respect of its

obligations under the above-referenced documents and the transactions contemplated thereby, to the extent permitted by law.

Section 13.14        Waiver

of Jury Trial.

EACH OF THE COMPANY,

THE GUARANTORS AND THE TRUSTEE, AND EACH HOLDER BY VIRTUE OF ITS PURCHASE OF SECURITIES, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT

PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT,

THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY.

Section 13.15        USA

Patriot Act.

The parties hereto

acknowledge that in accordance with Section 326 of the USA Patriot Act the Trustee, like all financial institutions and in order

to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each

person or legal entity that establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that

they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the USA

Patriot Act.

Section 13.16        Force

Majeure.

In no event shall

the Trustee be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused

by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war

or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions

of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable

efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances.

Article XIV

ADDITIONAL

AMOUNTS; CERTAIN TAX PROVISIONS

Section 14.01        Redemption

Upon Changes in Withholding Taxes.

The Securities of

any series may be redeemed, as a whole but not in part, at the option of the Company, upon not less than 30 nor more than 90 days’

notice (which notice shall be irrevocable), at a redemption price equal to 100% of the principal amount thereof, together with accrued

and unpaid interest, if any, to, but excluding, the redemption date and Additional Amounts (as defined in Section 14.02), if any,

if as a result of any amendment to, or change in, the laws or regulations of any jurisdiction from or through which payment on any Security

is made by or on behalf of the Company or a Guarantor or any other jurisdiction in which the Company or a Guarantor is organized, engaged

in business for tax purposes, or otherwise considered to be a resident for tax purposes, as applicable, or any political subdivision

thereof or therein having the power to tax (each a “Taxing Jurisdiction”), or any change in the application or official

interpretation of such laws, including any action taken by a taxing authority or a holding by a court of competent jurisdiction (regardless

of whether such action, change or holding is with respect to the Company or a Guarantor), which amendment or change is announced or becomes

effective after the date the Securities of such series are issued, the Company or a Guarantor has become, or will become, obligated to

pay Additional Amounts on the next date on which any amount would be payable with respect to the Securities of such series, and such

obligation cannot be avoided by the use of commercially reasonable measures available to the Company or a Guarantor, as the case may

be; provided, however, that (a) no such notice of redemption may be given earlier than 90 days prior to the earliest date on which

the Company or a Guarantor, as the case may be, would be obligated to pay such Additional Amounts, and (b) at the time such notice

of redemption is given, such obligation to pay such Additional Amounts remains in effect. Prior to the giving of any notice of redemption

described in this paragraph, the Company shall deliver to the Trustee (i)(A) a certificate signed by one Officer of the Company

stating that the obligation to pay Additional Amounts cannot be avoided by the Company taking commercially reasonable measures available

to it or (B) a certificate signed by one Officer of a Guarantor stating that the obligation to pay Additional Amounts cannot be

avoided by such Guarantor taking commercially reasonable measures available to it, as the case may be, and (ii) a written opinion

of independent legal counsel to the Company or the applicable Guarantor, as the case may be, of recognized standing to the effect that

the Company or such Guarantor has or will become obligated to pay Additional Amounts as a result of a change, amendment, official interpretation

or application described above and that the Company or such Guarantor, as the case may be, cannot avoid the payment of such Additional

Amounts by taking commercially reasonable measures available to it. The foregoing shall apply to any successor Person to the Company

or a Guarantor, after such successor Person to the Company or a Guarantor becomes a party to this Indenture, with respect to a change

or amendment occurring after the time such successor person to the Company or a Guarantor becomes a party to this Indenture.

Section 14.02        Payment

of Additional Amounts.

All

payments made by the Company or any Guarantor under or with respect to the Securities and the Guarantees will be made free and clear

of and without withholding or deduction for or on account of any present or future taxes, duties, levies, imposts, assessments or governmental

charges of whatever nature imposed or levied by or on behalf of any Taxing Jurisdiction (“Taxes”). In the event that

the Company or Guarantor is required to so withhold or deduct any amount for or on account of any Taxes from any payment made under or

with respect to the Securities or the Guarantees, as the case may be, the Company or Guarantor, as the case may be, will pay such additional

amounts (“Additional Amounts”) as may be necessary so that the net amount received by each holder of Securities (including

Additional Amounts) after such withholding or deduction (including any such deduction or withholding from such Additional Amounts) will

equal the amount that such Holder would have received if such Taxes had not been required to be withheld or deducted; provided that no

Additional Amounts will be payable with respect to a payment to a holder of Securities or a holder of a beneficial interests in Global

Securities where such holder is subject to taxation on such payment by a relevant Taxing Jurisdiction

for or on account of:

(a)           any

Taxes that are imposed or withheld solely because such holder or a fiduciary, settler, beneficiary, or member of such holder if such

holder is an estate, trust, partnership, limited liability company or other fiscally transparent entity, or a person holding a power

over an estate or trust administered by a fiduciary holder:

(i)            is

or was present or engaged in, or is or was treated as present or engaged in, a trade or business in the Taxing Jurisdiction or has or

had a permanent establishment in the Taxing Jurisdiction;

(ii)           has

or had any present or former connection (other than any connection arising solely from the mere fact of ownership of such Securities

or the receipt of any payment or the exercise or enforcement of rights under such Securities or this Indenture) with the Taxing Jurisdiction

imposing such Taxes, including being or having been a citizen or resident thereof or being treated as being or having been a resident

thereof;

(b)

any estate, inheritance, gift, sales, transfer, excise, personal property or

similar Taxes imposed with respect to the Securities, except as otherwise provided herein;

Taxes imposed solely as a result of the presentation of such Securities (where presentation is required) for payment on a date more than

30 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever

is later, except to the extent that the beneficiary or holder thereof would have been entitled to the payment of Additional Amounts had

the Securities been presented for payment on any date during such 30-day period;

(d)           any

Tax that is imposed or withheld solely as a result of the failure of such holder or the beneficial owner of the Securities to comply

with a reasonable written request by the payor addressed to the holder, after reasonable notice (at least 30 days before any such withholding

or deduction would be payable), to provide certification, information, documents or other evidence concerning the nationality, residence

or identity of the holder or such beneficial owner or to make any declaration or similar claim or satisfy any other reporting requirement

relating to such matters, which is required by a statute, treaty, regulation or administrative practice of the relevant Taxing Jurisdiction

as a precondition to exemption from, or reduction in the rate of deduction of, all or part of such Tax but only to the extent the holder

or beneficial owner is legally entitled to provide such certification or documentation;

(e)           any

Taxes that are payable by any method other than withholding or deduction by the Company or a Guarantor or any paying agent from payments

in respect of such Securities;

(f)            any

Taxes required to be withheld by any paying agent from any payment in respect of any Securities if such payment can be made without such

withholding by at least one other paying agent;

(g)           any

Taxes required to be deducted or withheld pursuant to the Luxembourg Law of December 23, 2005, as amended;

(h)           any

withholding or deduction for Taxes which would not have been imposed if the relevant Securities had been presented to another paying

agent in a Member State of the European Union;

(i)            any

Taxes imposed or withheld by reason of a change in law, regulation, or administrative or judicial interpretation that becomes effective

more than 15 days after the payment becomes due or is duly provided for, whichever occurs later; or

(j)            any

combination of Section 14.02(a), (b), (c), (d), (e), (f), (g), (h) and (i).

Additional Amounts

will not be payable to any Holder or the holder of a beneficial interest in a Global Security that is a fiduciary, partnership, limited

liability company or other fiscally transparent entity, or to such holder that is not the sole Holder or holder of such beneficial interests

of such Security, as the case may be. This exception, however, will apply only to the extent that a beneficiary or settlor with respect

to the fiduciary, or a beneficial owner or member of the partnership, limited liability company or other fiscally transparent entity,

would not have been entitled to the payment of an Additional Amount had the beneficiary, settlor, beneficial owner or member received

directly its beneficial or distributive share of the payment. In addition, no Additional Amounts will be paid on account of any taxes

imposed or withheld pursuant to Sections 1471 through 1474 of the Code (or any amended or successor version that is substantively comparable)

and any current or future regulations promulgated thereunder or official interpretations thereof.

The Company or Guarantor,

as the case may be, will also (i) make such withholding or deduction of Taxes and (ii) remit the full amount of Taxes so deducted

or withheld to the relevant Taxing Jurisdiction in accordance with all applicable laws. The Company or Guarantor, as applicable, will

use its commercially reasonable efforts to obtain certified copies of tax receipts evidencing the payment of any Taxes so deducted or

withheld from each Taxing Authority imposing such Taxes. The Company or Guarantor, as the case may be, will, upon request, make available

to the holders of the Securities, within 90 days after the date the payment of any Taxes so deducted or withheld is due pursuant to applicable

law, certified copies of tax receipts evidencing such payment by the Company or any Guarantor or if, notwithstanding the Company’s

or applicable Guarantor’s efforts to obtain such receipts, the same are not obtainable, other evidence of such payments by the

Company or Guarantor.

At least 30 days

prior to each date on which any payment under or with respect to the Securities or Guarantees is due and payable, if the Company or a

Guarantor will be obligated to pay Additional Amounts with respect to such payment, the Company or Guarantor will deliver to the Trustee

an Officer’s Certificate stating the fact that such Additional Amounts will be payable, the amounts so payable and will set forth

such other information as is necessary to enable such Trustee to pay such Additional Amounts to holders of Securities on the payment

date.

In addition, the

Company will pay any stamp, issue, registration, documentary or other similar taxes and duties, including interest, penalties and Additional

Amounts with respect thereto, payable in any Taxing Jurisdiction in respect of the creation, issue, offering, enforcement, redemption

or retirement of the Securities except for any Luxembourg registration duties (droits d’enregistrement) that would

become payable as a result of the registration by a holder of Securities or a holder of a beneficial interest in a Global Security of

any agreement relating to the Securities with the Administration de l’Enregistrement, des Domaines et de la TVA in Luxembourg,

when such registration is not required to enforce such holder’s rights under such agreement.

The provisions of

this Article XIV shall survive any termination of the discharge of this Indenture and shall apply to any jurisdiction in which the

Company, any Guarantor or any successor Person to the Company or Guarantor, as the case may be, is organized or is engaged in business

for tax purposes or any political subdivisions or taxing authority or agency thereof or therein.

Whenever in this

Indenture, the Securities or the Guarantees there is mentioned, in any context, the payment of principal, premium, if any, redemption

price, interest or any other amount payable under or with respect to any Security, such mention includes the payment of Additional Amounts

to the extent payable in the particular context.

Article XV

GUARANTEES

Section 15.01         Guarantee.

Unless otherwise

specified in the terms of a series of Securities under this Indenture, nVent and nVent Finance each is named hereby as a Guarantor with

respect to each series of Securities issued under this Indenture. Each person named as a Guarantor of a series of Securities under this

Indenture, by being named as a Guarantor of such series of Securities, fully and unconditionally guarantees (i) (A) to each

Holder of each Security that is authenticated and delivered by the Trustee and (B) to the Trustee on behalf of such Holder, the

due and punctual payment of the principal of, premium, if any, and interest and any Additional Amounts, if any, on such Security when

and as the same shall become due and payable, whether at the stated maturity, by acceleration, call for redemption, or otherwise and

(ii) to the Trustee on its behalf all amounts owed to the Trustee under the Indenture, in each case in accordance with the terms

of such Security and of this Indenture. In case of the failure of the Company punctually to make any such payment, each such Guarantor

hereby agrees to cause such payment to be made punctually when and as the same shall become due and payable, whether at the stated maturity

or by acceleration, call for redemption or otherwise, and as if such payment were made by the Company.

Each Guarantor,

by being named as a Guarantor of any series of Securities under this Indenture, agrees that its obligations hereunder shall be absolute

and unconditional, irrespective of, and shall be unaffected by, the validity, regularity or enforceability of such Security or this Indenture,

the absence of any action to enforce the same or any release, amendment, waiver or indulgence granted to the Company or any such Guarantor

or any consent to departure from any requirement of any other guarantee of all or any of the Securities or any other circumstances which

might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor. Each such Guarantor hereby waives the

benefits of diligence, presentment, demand for payment, any requirement that the Trustee or any of the Holders protect, secure, perfect

or insure any security interest in or other lien on any property subject thereto or exhaust any right or take any action against the

Company or any other Person or any collateral, filing of claims with a court in the event of insolvency or bankruptcy of the Company,

any right to require a proceeding first against the Company, protest or notice with respect to such Security or the indebtedness evidenced

thereby and all demands whatsoever, and covenants that this Guarantee will not be discharged in respect of such Security except by complete

performance of the obligations contained in such Security and in such Guarantee. Each such Guarantor agrees that if, after the occurrence

and during the continuance of an Event of Default, the Trustee or any of the Holders of the applicable series of Securities are prevented

by applicable law from exercising their respective rights to accelerate the maturity of such Securities, to collect interest on such

Securities, or to enforce or exercise any other right or remedy with respect to such Securities, such Guarantor agrees to pay to the

Trustee for the account of such Holders, upon demand therefor, the amount that would otherwise have been due and payable had such rights

and remedies been permitted to be exercised by the Trustee or any of such Holders.

Any such Guarantor

shall be subrogated to all rights of the holders of the Securities against the Company in respect of any amounts paid by such Guarantor

on account of such Security pursuant to the provisions of its Guarantee or this Indenture; provided, however, that such Guarantor shall

not be entitled to enforce or to receive any payment arising out of, or based upon, such right of subrogation until the principal of

and interest on all Securities of such series issued hereunder shall have been paid in full.

The Guarantee shall

remain in full force and effect and continue to be effective should any petition be filed by or against the Company for liquidation or

reorganization, should the Company become insolvent or make a general assignment for the benefit of creditors or should a receiver or

trustee be appointed for all or any part of the Company’s assets, and shall, to the fullest extent permitted by law, continue to

be effective or be reinstated, as the case may be, if at any time payment and performance of such Securities, is, pursuant to applicable

law, rescinded or reduced in amount, or must otherwise be restored or returned by any holder of such Securities, whether as a “voidable

preference,” “fraudulent transfer,” or otherwise, all as though such payment or performance had not been made. In the

event that any payment, or any part thereof, is rescinded, reduced, restored or returned, such Securities shall, to the fullest extent

permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.

Any term or provision

of the Guarantee to the contrary notwithstanding, the aggregate amount of the obligations guaranteed hereunder shall be reduced to the

extent necessary to prevent such Guarantee from violating or becoming voidable under applicable law relating to fraudulent conveyance

or fraudulent transfer or similar laws affecting the rights of creditors generally.

Section 15.02        Execution

and Delivery of Guarantee.

Unless otherwise

specified in the terms of a Guarantee of a series of Securities under this Indenture, each Guarantee shall include the terms of the Guarantee

set forth in Section 15.01 and shall be substantially in the form established pursuant to Section 2.16. Each Guarantor hereby

agrees to execute its Guarantee, in a form established pursuant to Section 2.16, on each Security authenticated and delivered by

the Trustee.

Each such Guarantee

shall be executed on behalf of each such Guarantor by any one of its chairman of the Board of Directors, president, vice presidents or

other person duly authorized by the Board of Directors of such Guarantor. The signature of any or all of these persons on the Guarantee

may be manual or facsimile.

A Guarantee bearing

the manual or facsimile signature of individuals who were at any time the proper officers of such Guarantor shall bind such Guarantor,

notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of any

Security or did not hold such offices at the date of such Guarantee.

The delivery of

any Security by the Trustee, after the authentication thereof, shall constitute due delivery of the Guarantee on behalf of a Guarantor

and shall bind such Guarantor notwithstanding the fact that the Guarantee does not bear the signature of such Guarantor. Every Guarantor

agrees that its Guarantee set forth in Section 15.01 and in the form of Guarantee established pursuant to Section 2.16 shall

remain in full force and effect notwithstanding any failure to execute a Guarantee on any such Security.

Section 15.03        Release

of Guarantee.

Notwithstanding

anything in this Article XV to the contrary, concurrently with the payment in full of the principal of, premium, if any, and interest

on Securities of a series, every Guarantor shall be released from and relieved of its obligations under this Article XV with respect

to the Securities of such series. Upon the delivery by the Company to the Trustee of an Officer’s Certificate and an Opinion of

Counsel to the effect that the transaction giving rise to the release of this Guarantee was made by the Company in accordance with the

provisions of this Indenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the

release of each Guarantor from its obligations under this Guarantee. If any of the obligations to pay the principal of, premium, if any,

and interest and Additional Amounts, if any, on such Securities and all other obligations of the Company are revived and reinstated after

the termination of this Guarantee, then all of the obligations of each Guarantor under this Guarantee shall be revived and reinstated

as if this Guarantee had not been terminated until such time as the principal of, premium, if any, and interest and any Additional Amounts,

if any, on such Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory

to the Trustee, evidencing such revival and reinstatement.

IN WITNESS WHEREOF,

the parties hereto have caused this Indenture to be duly executed all as of the day and year first above written.

HOFFMAN SCHROFF HOLDINGS, INC.

By:

/s/ Randolph A. Wacker

Name:

Randolph A. Wacker

Title:

President and Treasurer

NVENT ELECTRIC PLC

By:

/s/ Randolph A. Wacker

Name:

Randolph A. Wacker

Title:

Senior Vice President and Chief Accounting Officer

NVENT FINANCE S.À R.L.

By:

/s/ Randolph A. Wacker

Name:

Randolph A. Wacker

Title:

Manager

U.S. BANK TRUST COMPANY, NATIONAL

ASSOCIATION as Trustee

By:

/s/ Quinton M. DePompolo

Name:

Quinton M. DePompolo

Title:

Vice President

[Signature Page to

HSH Base Indenture (Senior Notes)]

EXHIBIT A

FORM OF

CERTIFICATE OF TRANSFER

nVent Electric plc

c/o nVent Management Company

1665 Utica Avenue

St. Louis Park, MN 55416

Attention: General Counsel

Telecopy No.: (763) 204-7950

U.S.

Bank Trust Company, National Association

[60

Livingston Avenue

St.

Paul, MN 55107

Attention:

Global Corporate Trust Services

Facsimile No.: (651) 466-7430]

Re: [insert description of Securities]

Ladies and Gentlemen,

Reference

is hereby made to the Indenture, dated as of September 29, 2026, among Hoffman Schroff Holdings, Inc., a Delaware corporation

(the “Company”), nVent Electric plc, an Irish public limited company, nVent Finance

S.à r.l., a Luxembourg private limited liability company, and U.S. Bank Trust Company, National Association, a national banking

association, as trustee (the “Trustee”), [as supplemented by that certain supplemental indenture dated as of _________][and

the Board Resolution adopted __________] (together, the “Indenture”). Capitalized terms used but not defined herein

shall have the meanings given to them in the Indenture. _______________ (the “Transferor”) owns and proposes to transfer

the Security or Securities or interest[s] in such Security or Securities specified in Annex A hereto, in the principal amount of $_________

in such Security or Securities or interest[s] (the “Transfer”), to ___________ (the “Transferee”),

as further specified in Annex A hereto. In connection with the Transfer, the Transferor hereby certifies that:

[CHECK ALL THAT APPLY]

1.             ¨        Check

if Transferee will take delivery of a beneficial interest in the 144A Global Security or a Definitive Security Pursuant to Rule 144A.

The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as amended

(the “Securities Act”), and, accordingly, the Transferor hereby further certifies that the beneficial interest or

Definitive Security is being transferred to a Person that the Transferor reasonably believed and believes is purchasing the beneficial

interest or Definitive Security for its own account, or for one or more accounts with respect to which such Person exercises sole investment

discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A

(a “QIB”) in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance with any

applicable blue sky securities laws of any State of the United States. Upon consummation of the proposed Transfer in accordance with

the terms of the Indenture, the transferred beneficial interest or Definitive Security will be subject to the restrictions on transfer

enumerated in the Private Placement Legend printed on the 144A Global Security and/or the Definitive Security and in the Indenture and

the Securities Act.

A-1

2.             ¨        Check

if Transferee will take delivery of a beneficial interest in the Regulation S Global Security or a Definitive Security pursuant to Regulation

S. The Transfer is being effected pursuant to and in accordance with Rule 903 or Rule 904 under the Securities Act

and, accordingly, the Transferor hereby further certifies that (i) the Transfer is not being made to a person in the United States

and (y) at the time the buy order was originated, the Transferee was outside the United States or such Transferor and any Person

acting on its behalf reasonably believed and believes that the Transferee was outside the United States or (z) the transaction was

executed in, on or through the facilities of a designated offshore securities market and neither such Transferor nor any Person acting

on its behalf knows that the transaction was prearranged with a buyer in the United States, (ii) no directed selling efforts have

been made in contravention of the requirements of Rule 903(b) or Rule 904 (b) of Regulation S under the Securities

Act, (iii) the transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act and (iv) if

the proposed Transfer is being made prior to the expiration of the Distribution Compliance Period, the Transfer is not being made to

a U.S. person (as such is defined in Regulation S) or for the account or benefit of a U.S. person (other than an initial purchaser of

the Securities) and the interest transferred will be held immediately thereafter through Euroclear or Clearstream. Upon consummation

of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will

be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Regulation S Global Security and/or

the Definitive Security and in the Indenture and the Securities Act.

3.             ¨        Check

and complete if Transferee will take delivery of a beneficial interest in a Definitive Security pursuant to any provision of the Securities

Act other than Rule 144A or Regulation S. The Transfer is being effected in compliance with the transfer restrictions applicable

to beneficial interests in Restricted Global Securities and Restricted Definitive Securities and pursuant to and in accordance with the

Securities Act and any applicable blue sky securities laws of any State of the United States, and accordingly the Transferor hereby further

certifies that (check one):

(a)       ¨       Such

Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act; or

(b)       ¨       Such

Transfer is being effected to the Company or a subsidiary thereof; or

Transfer is being effected pursuant to an effective registration statement under the Securities Act and in compliance with the prospectus

delivery requirements of the Securities Act.

4.             ¨        Check

if Transferee will take delivery of a beneficial interest in an Unrestricted Global Security or of an Unrestricted Definitive Security.

A-2

(a)       ¨       Check

if Transfer is pursuant to Rule 144. (i) The Transfer is being effected pursuant to and in accordance with Rule 144

under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities

laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and the Private Placement

Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance

with the terms of the Indenture, the transferred beneficial interest or Definitive Security will no longer be subject to the restrictions

on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities, on Restricted Definitive Securities

and in the Indenture and the Securities Act.

(b)       ¨       Check

if Transfer is Pursuant to Regulation S. (i) The Transfer is being effected pursuant to and in accordance with Rule 903

or Rule 904 under the Securities Act and in compliance with the transfer restrictions contained in the Indenture and any applicable

blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in the Indenture and

the Private Placement Legend are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed

Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or Definitive Security will no longer be

subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the Restricted Global Securities, on Restricted

Definitive Securities and in the Indenture and the Securities Act.

if Transfer is Pursuant to Other Exemption. (i) The Transfer is being effected pursuant to and in compliance with an exemption

from the registration requirements of the Securities Act other than Rule 144, Rule 903 or Rule 904 and in compliance with

the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any State of the United States and

(ii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain

compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred

beneficial interest or Definitive Security will not be subject to the restrictions on transfer enumerated in the Private Placement Legend

printed on the Restricted Global Securities or Restricted Definitive Securities and in the Indenture.

This certificate and the statements

contained herein are made for the benefit of the Company and the Trustee.

Dated:

[Insert Name of Transferor]

By:

Name:

Title:

A-3

ANNEX A

TO CERTIFICATE OF TRANSFER

1.          The

Transferor owns and proposed to transfer the following:

[CHECK ONE OF (a) OR (b)]

(a)            ¨        a

beneficial interest in the:

(i)         ¨      144A

Global Security (CUSIP _______), or

(ii)        ¨       Regulation

S Global Security (CUSIP _______), or

(b)            ¨         a

Restricted Definitive Security.

2.            After

the transfer the Transferee will hold:

(a)           ¨        a

beneficial interest in the:

(i)         ¨      144A

Global Security (CUSIP _______), or

(ii)        ¨       Regulation

S Global Security (CUSIP _______), or

(iii)       ¨      Unrestricted

Global Security (CUSIP _______); or

(b)           ¨          a

Restricted Definitive Security; or

Unrestricted Definitive Security,

in accordance with the terms of the

Indenture.

A-1

EXHIBIT B

FORM OF

CERTIFICATE OF EXCHANGE

nVent Electric plc

c/o nVent Management Company

1665 Utica Avenue

St. Louis Park, MN 55416

Attention: General Counsel

Telecopy No.: (763) 204-7950

U.S.

Bank Trust Company, National Association

[60

Livingston Avenue

St.

Paul, MN 55107

Attention:

Global Corporate Trust Services

Facsimile No.: (651) 466-7430]

Re: [insert description of the Securities]

Ladies and Gentlemen,

Reference

is hereby made to the Indenture, dated as of September 29, 2026, among Hoffman Schroff Holdings, Inc., a Delaware corporation

(the “Company”), nVent Electric plc, an Irish public limited company, nVent Finance

S.à r.l., a Luxembourg private limited liability company, and U.S. Bank Trust Company, National Association, a national banking

association, as trustee (the “Trustee”) [as supplemented by that certain supplemental indenture dated as of _________][and

the Board Resolution adopted __________] (together, the “Indenture”). Capitalized terms used but not defined herein

shall have the meanings given to them in the Indenture.

_______________,

(the “Owner”) owns and proposes to transfer the Security or Securities or interest[s] in such Security or Securities

specified herein, in the principal amount of $_________ in such Security or Securities or interest[s] (the “Exchange”).

In connection with the Exchange, the Owner hereby certifies that:

1.          Exchange

of Restricted Definitive Securities or Beneficial Interests in a Restricted Global Security for Unrestricted Definitive Securities or

Beneficial Interests in an Unrestricted Global Security.

(a)       ¨       Check

if Exchange is from beneficial interest in a Restricted Global Security to beneficial interest in an Unrestricted Global Security.

In connection with the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a beneficial interest in

an Unrestricted Global Security in an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being acquired

for the Owner’s own account without transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions

applicable to the Global Securities and pursuant to and in accordance with the United States Securities Act of 1933, as amended (the

“Securities Act”), (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend

are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted Global

Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States.

B-1

(b)       ¨       Check

if Exchange is from beneficial interest in a Restricted Global Security to Unrestricted Definitive Security. In connection with

the Exchange of the Owner’s beneficial interest in a Restricted Global Security for an Unrestricted Definitive Security in an equal

principal amount, the Owner hereby certifies (i) the Definitive Security is being acquired for the Owner’s own account without

transfer, (ii) such Exchange has been effected in compliance with the transfer restrictions applicable to the Restricted Global

Securities and pursuant to and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture

and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive

Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States.

if Exchange is from Restricted Definitive Security to beneficial interest in an Unrestricted Global Security. In connection with

the Owner’s Exchange of a Restricted Definitive Security for a beneficial interest in an Unrestricted Global Security, the Owner

hereby certifies (i) the beneficial interest is being acquired for the Owner’s own account without transfer, (ii) such

Exchange has been effected in compliance with the transfer restrictions applicable to Restricted Definitive Securities and pursuant to

and in accordance with the Securities Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement

Legend are not required in order to maintain compliance with the Securities Act and (iv) the beneficial interest in an Unrestricted

Global Security is being acquired in compliance with any applicable blue sky securities laws of any State of the United States.

(d)       ¨       Check

if Exchange is from Restricted Definitive Security to Unrestricted Definitive Security. In connection with the Owner’s

Exchange of a Restricted Definitive Security for an Unrestricted Definitive Security, the Owner hereby certifies (i) the Unrestricted

Definitive Security is being acquired for the Owner’s own account without transfer, (ii) such Exchange has been effected in

compliance with the transfer restrictions applicable to Restricted Definitive Securities and pursuant to and in accordance with the Securities

Act, (iii) the restrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to

maintain compliance with the Securities Act and (iv) the Unrestricted Definitive Security is being acquired in compliance with any

applicable blue sky securities laws of any State of the United States.

2.          Exchange

of Restricted Definitive Securities or Beneficial Interests in Restricted Global Securities for Restricted Definitive Securities or Beneficial

Interests in Restricted Global Securities.

(a)       ¨       Check

if Exchange is from beneficial interest in a Restricted Global Security to Restricted Definitive Security. In connection with

the Exchange of the Owner’s beneficial interest in a Restricted Global Security for a Restricted Definitive Security with an equal

principal amount, the Owner hereby certifies that the Restricted Definitive Security is being acquired for the Owner’s own account

without transfer. Upon consummation of the proposed Exchange in accordance with the terms of the Indenture, the Restricted Definitive

Security issued will continue to be subject to the restrictions on transfer enumerated in the Private Placement Legend printed on the

Restricted Definitive Security and in the Indenture and the Securities Act.

B-2

(b)       ¨

Check if Exchange is from Restricted Definitive Security to beneficial interest in a Restricted Global

Security. In connection with the Exchange of the Owner’s Restricted Definitive Security for a beneficial interest in

the: [CHECK ONE] ¨ 144A Global Security or ¨

Regulation S Global Security with an equal principal amount, the Owner hereby certifies (i) the beneficial interest is being

acquired for the Owner’s own account without transfer and (ii) such Exchange has been effected in compliance with the

transfer restrictions applicable to Restricted Global Securities and pursuant to and in accordance with the Securities Act, and in

compliance with any applicable blue sky securities laws of any State of the United States. Upon consummation of the proposed

Exchange in accordance with the terms of the Indenture, the beneficial interest issued will be subject to the restrictions on

transfer enumerated in the Private Placement Legend printed on the relevant Restricted Global Security and in the Indenture and the

Securities Act.

This certificate and the statements

contained herein are made for the benefit of the Company and the Trustee.

[Insert Name of Owner]

By:

Name:

Title:

Dated:_________________

B-3

EX-4.2 — EXHIBIT 4.2

EX-4.2

Filename: tm2626249d1_ex4-2.htm · Sequence: 3

Exhibit 4.2

HOFFMAN SCHROFF HOLDINGS, INC.,

as Issuer

AND

NVENT ELECTRIC PLC,

as Parent and Guarantor

AND

NVENT FINANCE S.à R.L.,

as Guarantor

AND

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,

as Trustee

FIRST SUPPLEMENTAL INDENTURE

Dated as of September 29, 2026

$800,000,000 of 6.150% Senior Notes due 2036

THIS FIRST SUPPLEMENTAL INDENTURE

is dated as of September 29, 2026, among HOFFMAN SCHROFF HOLDINGS, INC., a Delaware corporation, as issuer (the “Company”),

NVENT ELECTRIC PLC, an Irish public limited company, as guarantor (“Parent”), NVENT FINANCE S.À R.L., a Luxembourg

private limited liability company (société à responsabilité limitée) with a registered office

at 26, Boulevard Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Trade and Companies Register

under number B 219.846, as guarantor (“nVent Finance” and together with Parent, the “Guarantors”)

and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee (the “Trustee”).

RECITALS

A.            The

Company, the Guarantors and the Trustee have heretofore executed and delivered an Indenture, dated as of September 29, 2026 (the

“Base Indenture”), to provide for the issuance by the Company from time to time of unsubordinated debt securities evidencing

its unsecured indebtedness and the guarantee of such securities by the Guarantors to the extent described therein and in this First Supplemental

Indenture.

B.            Pursuant

to resolutions of the Board of Directors, the Company has authorized the issuance of $800,000,000 principal amount of 6.150% Senior Notes

due 2036 (the “Offered Securities”).

C.            The

entry into this First Supplemental Indenture by the parties hereto is in all respects authorized by the provisions of the Base Indenture.

D.            The

Company and the Guarantors desire to enter into this First Supplemental Indenture pursuant to Section 9.01 of the Base Indenture

to establish the terms of the Offered Securities in accordance with Section 2.01 of the Base Indenture and to establish the form

of the Offered Securities in accordance with Section 2.02 of the Base Indenture.

E.            All

things necessary to make this First Supplemental Indenture a legal, valid and binding indenture and agreement according to its terms have

been done.

NOW, THEREFORE, for and in

consideration of the foregoing premises, the Company, the Guarantors and the Trustee mutually covenant and agree for the equal and proportionate

benefit of the respective Holders from time to time of the Offered Securities as follows:

ARTICLE I

Section 1.1 Terms of Offered Securities.

The following terms relate

to the Offered Securities:

(1)           The

Offered Securities constitute a series of securities having the title “6.150% Senior Notes due 2036”.

First Supplemental Indenture

(2)           The

initial aggregate principal amount of the Offered Securities that may be authenticated and delivered under the Base Indenture (except

for Offered Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Offered

Securities pursuant to Section 2.05, 2.06, 2.07, 2.11, or 3.03 of the Base Indenture) is $800,000,000. The aggregate amount of Additional

Notes that may be authenticated and delivered under this First Supplemental Indenture pursuant to Section 1.5 hereof is unlimited.

(3)           The

entire Outstanding principal of the Offered Securities shall be payable on September 15, 2036.

(4)           The

rate at which the Offered Securities shall bear interest shall be 6.150% per year, as set forth in Section 1 of the form of Offered

Security attached hereto as Exhibit A and subject to adjustment as set forth in Section 2 of the form of Offered Security attached

hereto as Exhibit A. The date from which interest shall accrue on the Offered Securities shall be September 29, 2026 or the

most recent Interest Payment Date to which interest has been paid or provided for. The Interest Payment Dates for the Offered Securities

shall be March 15 and September 15 of each year, beginning on March 15, 2027. Interest shall be payable on each Interest

Payment Date to the Holders of record at the close of business on the March 1 and September 1 immediately prior to each Interest

Payment Date (a “regular record date”); however, interest payable at maturity will be paid to the Person to whom principal

is payable. The basis upon which interest shall be calculated shall be that of a 360-day year consisting of twelve 30-day months. If any

Interest Payment Date of the Offered Securities would otherwise be a day that is not a Business Day, that Interest Payment Date will be

postponed to the next date that is a Business Day and no interest will accrue on the amounts so payable for the period from and after

such date to the next Business Day. If the maturity date or any date of redemption of the Offered Securities falls on a day that is not

a Business Day, the related payment of principal and interest will be made on the next Business Day as if it were made on the date such

payment was due, and no interest will accrue on the amounts so payable for the period from and after such date to the next Business Day.

(5)           The

Offered Securities shall be issuable in whole in the registered form of one or more Global Securities, and the Depositary for such Global

Securities shall be The Depository Trust Company, New York, New York. The Offered Securities shall be substantially in the form attached

hereto as Exhibit A, the terms of which are incorporated by reference in this First Supplemental Indenture. The Offered Securities

shall be issuable in denominations of $2,000 or any integral multiple of $1,000 in excess thereof.

(6)           The

Offered Securities shall be subject to redemption at the Company’s option on any redemption date as set forth in Section 6

of the form of Offered Security attached hereto as Exhibit A.

(7)           The

Offered Securities shall be subject to a special mandatory redemption under the circumstances specified in Section 7 of the form

of Offered Security attached hereto as Exhibit A.

First Supplemental Indenture

(8)           Except

as provided in this First Supplemental Indenture, the Offered Securities shall not be subject to redemption, repurchase or repayment at

the option of any Holder thereof, upon the occurrence of any particular circumstances or otherwise. The Offered Securities shall not have

the benefit of any sinking fund. For the avoidance of doubt, the Company, the Guarantors and their respective Affiliates may purchase

Offered Securities from the Holders thereof from time to time, either in the open market at prevailing prices or in private transactions

at negotiated prices. Any Offered Securities purchased by the Company, the Guarantors or any of their respective Affiliates may, at the

purchaser’s discretion, be held, resold or canceled.

(9)           Except

as provided in this First Supplemental Indenture, the Holders of the Offered Securities shall have no special rights in addition to those

provided in the Base Indenture upon the occurrence of any particular events.

(10)          The

Offered Securities shall be general senior unsecured and unsubordinated obligations of the Company and shall be ranked equally among themselves.

(11)         The

Offered Securities are not convertible into shares of common stock or other securities of the Company or the Guarantors.

(12)          In

addition to the provisions of the Base Indenture referred to in Section 11.03(b) thereof, the covenants described in Sections

1.3(1), 1.3(2), 1.3(3) and 1.3(4) of this First Supplemental Indenture shall be subject to the Company’s covenant defeasance

right set forth in Section 11.03 of the Base Indenture. In addition, following any such covenant defeasance, the Events of Default

set forth in Sections 1.4(3), 1.4(4), 1.4(5) (as it relates to the provisions of Section 1.3(3)), 1.4(6) and 1.4(7) of

this First Supplemental Indenture shall cease to apply with respect to the Offered Securities.

Section 1.2 Additional Defined Terms.

As used in this First Supplemental

Indenture, the following defined terms shall have the following meanings with respect to the Offered Securities only:

“Attributable Debt”,

in connection with a Sale and Lease-Back Transaction, as of any particular time, means the aggregate of the present values (discounted

at a rate that, at the inception of the lease, represents the effective interest rate that the lessee would have incurred to borrow over

a similar term the funds necessary to purchase the leased assets) of the obligations of the Company, Parent, nVent Finance or any Restricted

Subsidiary for net rental payments during the remaining term of the applicable lease, including any period for which such lease has been

extended or, at the option of the lessor, may be extended. The term “net rental payments” under any lease of any period

shall mean the sum of the rental and other payments required to be paid in such period by the lessee thereunder, not including any amounts

required to be paid by such lessee, whether or not designated as rental or additional rental, on account of maintenance and repairs, reconstruction,

insurance, taxes, assessments, water rates or similar charges required to be paid by such lessee thereunder or any amounts required to

be paid by such lessee thereunder contingent upon the amount of sales, maintenance and repairs, reconstruction, insurance, taxes, assessments,

water rates or similar charges.

First Supplemental Indenture

“Business Day”

means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking institutions in The City of New York are

authorized or obligated by law or executive order to close.

“Change of Control”

means the occurrence on or after the Issue Date of any of the following: (1) the direct or indirect sale, lease, transfer, conveyance

or other disposition (other than by way of merger or consolidation or as a pledge for security purposes only), in one or more series of

related transactions, of all or substantially all of the assets of Parent and its Subsidiaries, taken as a whole, to any person, other

than Parent and/or a direct or indirect wholly-owned Subsidiary of Parent; (2) the consummation of any transaction (including, without

limitation, any merger or consolidation) the result of which is that any person becomes the “beneficial owner” (as defined

in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of more than 50% of Parent’s outstanding Voting Stock

or other Voting Stock into which Parent’s Voting Stock is reclassified, consolidated, exchanged or changed, measured by voting power

rather than number of shares; (3) Parent consolidates with, or merges with or into, any person, or any person consolidates with,

or merges with or into, Parent, in any such event pursuant to a transaction in which any of Parent’s outstanding Voting Stock or

the Voting Stock of such other person is converted into or exchanged for cash, securities or other property, other than any such transaction

where the shares of Parent’s Voting Stock outstanding immediately prior to such transaction constitute, or are converted into or

exchanged for, at least a majority of the Voting Stock of the surviving person or any direct or indirect parent company of the surviving

person immediately after giving effect to such transaction; or (4) the approval by the holders of Parent’s Voting Stock of

a plan for Parent’s liquidation or dissolution. Notwithstanding the foregoing, a transaction shall not be deemed to involve a Change

of Control under clause (1), (2) or (4) above if: (i) Parent becomes a direct or indirect wholly-owned Subsidiary of a

holding company or a holding company becomes the successor to Parent under the Indenture pursuant to a transaction that is permitted under

the Indenture and (ii) the direct or indirect holders of the Voting Stock of such holding company immediately following that transaction

(or a series of related transactions) are the same or substantially the same (and hold in the same or substantially the same proportions)

as the holders of Parent’s Voting Stock immediately prior to that transaction. The term “person”, as used in this definition,

means any Person and any two or more Persons as provided in Section 13(d)(3) of the Exchange Act.

“Change of Control

Triggering Event” means the occurrence of both a Change of Control and a Rating Event; provided, however, that a Change of Control

Triggering Event otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a

Change of Control if the Rating Agency or Rating Agencies making the reduction in rating to which this definition would otherwise apply

do not announce or publicly confirm or inform the Trustee in writing at the Company’s request that the reduction was the result,

in whole or in part, of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control

(whether or not the applicable Change of Control shall have occurred at the time of the purported Change of Control Triggering Event).

Unless both Rating Agencies are providing a rating for the Offered Securities at the commencement of any period referred to in the definition

of “Rating Event”, a Rating Event shall be deemed to have occurred during such period. Notwithstanding the foregoing, no Change

of Control Triggering Event shall be deemed to have occurred in connection with any particular Change of Control unless and until such

Change of Control has actually been consummated.

First Supplemental Indenture

“Consolidated Net

Tangible Assets” at any date means Consolidated Net Worth less all Intangible Assets appearing on the most recently prepared

consolidated balance sheet of Parent and its Subsidiaries as of the end of a fiscal quarter of Parent and its Subsidiaries, prepared in

accordance with GAAP as in effect on the date of the consolidated balance sheet.

“Consolidated Net

Worth” at any date means total assets less total liabilities, in each case appearing on the most recently prepared consolidated

balance sheet of Parent and its Subsidiaries as of the end of a fiscal quarter of Parent and its Subsidiaries, prepared in accordance

with GAAP as in effect on the date of the consolidated balance sheet.

“Fitch”

means Fitch Inc., and its successors.

“Funded Indebtedness”

means any Indebtedness maturing by its terms more than one year from the date of the determination thereof, including any Indebtedness

renewable or extendible at the option of the obligor to a date later than one year from the date of the determination thereof.

“GAAP”

means United States generally accepted accounting principles.

“Indebtedness”

means, without duplication, the principal amount (such amount being the face amount or, with respect to original issue discount bonds

or zero coupon notes, bonds or debentures or similar securities, determined based on the accreted amount as of the date of the most recently

prepared consolidated balance sheet of Parent and its Subsidiaries as of the end of a fiscal quarter of Parent prepared in accordance

with GAAP as in effect on the date of such consolidated balance sheet) of (i) all obligations for borrowed money, (ii) all obligations

evidenced by debentures, notes or other similar instruments, (iii) all obligations in respect of letters of credit or bankers acceptances

or similar instruments or reimbursement obligations with respect thereto (such instruments to constitute Indebtedness only to the extent

that the outstanding reimbursement obligations in respect thereof are collateralized by cash or cash equivalents reflected as assets on

a balance sheet prepared in accordance with GAAP), (iv) all obligations as lessee to the extent capitalized in accordance with GAAP

in effect on December 14, 2018 (without giving effect to any change to, or modification of, or the phase-in of the effectiveness

of any amendments to, GAAP that would require the capitalization of leases characterized as “operating leases” as of such

date) and (v) all Indebtedness of others consolidated in such balance sheet that is guaranteed by the Company, the Guarantors or

any of their respective Subsidiaries or for which the Company, the Guarantors or any of their respective Subsidiaries is legally responsible

or liable (whether by agreement to purchase indebtedness of, or to supply funds or to invest in, others); provided, that, it is understood

that the amount of any Indebtedness of any Person under this clause (v) shall be deemed to be the lower of (a) the amount of

Indebtedness in respect of which such guarantee or other similar obligation exists and (b) the maximum amount for which such Person

may be liable pursuant to the instrument embodying such guarantee or other similar obligation; provided, further, that, notwithstanding

the foregoing, Indebtedness shall exclude: (x) defeased, discharged and/or redeemed indebtedness so long as (1) neither

Parent nor any subsidiary thereof has any liability (contingent or otherwise) with respect to such indebtedness and (2) the cash,

securities and/or other assets used to defease, discharge and/or redeem such indebtedness are not, directly or indirectly, an asset of

Parent or any subsidiary thereof and (y) interest, fees, make-whole amounts, premiums, charges or expenses, if any, relating to the

principal amount of Indebtedness.

First Supplemental Indenture

“Intangible Assets”

means the amount, if any, stated under the heading “Goodwill” and “Other Intangibles” or under any other heading

of intangible assets separately listed, in each case on the face of the most recently prepared consolidated balance sheet of Parent and

its subsidiaries as of the end of a fiscal quarter of Parent, prepared in accordance with GAAP as in effect on the date of the consolidated

balance sheet.

“Investment Grade

Rating” means a rating equal to or higher than BBB- (or the equivalent) by Fitch and BBB- (or the equivalent) by S&P, and

the equivalent investment grade credit rating from any replacement rating agency or rating agencies selected by the Company.

“Issue Date”

means the date on which the Offered Securities are originally issued.

“Lien”

means a mortgage, pledge, security interest, lien or similar encumbrance.

“Non-Recourse Indebtedness”

means Indebtedness upon the enforcement of which recourse may be had by the holder(s) thereof only to identified assets of Parent,

nVent Finance or the Company or any Subsidiary of Parent, nVent Finance or the Company and not to Parent, nVent Finance or the Company

or any Subsidiary of Parent, nVent Finance or the Company personally (subject to, for the avoidance of doubt, customary exceptions contained

in non-recourse financings to the non-recourse nature of the obligations thereunder).

“Principal Property”

means any manufacturing, processing or assembly plant, warehouse or distribution facility, office building or parcel of real property

of Parent, nVent Finance, the Company or any of their Subsidiaries (but excluding leases and other contract rights that might otherwise

be deemed real property) that is located in the United States of America, Canada or the Commonwealth of Puerto Rico and (A) is owned

by Parent, nVent Finance, the Company, or any of their respective Subsidiaries on the Issue Date, (B) the initial construction of

which has been completed after the Issue Date, or (C) is acquired after the Issue Date, in each case, other than any such plants,

facilities, warehouses, office buildings, parcels or portions thereof, that (i) in the opinion of the Board of Directors of Parent,

are not collectively of material importance to the total business conducted by Parent and its Subsidiaries as an entirety, or (ii) has

a net book value (excluding any capitalized interest expense), on the Issue Date in the case of clause (A) of this definition, on

the date of completion of the initial construction in the case of clause (B) of this definition or on the date of acquisition in

the case of clause (C) of this definition, of less than 1.0% of Consolidated Net Tangible Assets on the consolidated balance sheet

of Parent as of the applicable date.

“Rating Agencies”

means (i) each of Fitch and S&P, and (ii) if either of Fitch or S&P ceases to rate the Offered Securities or fails to

make a rating of the Offered Securities publicly available for reasons outside of the Company’s control, a “nationally recognized

statistical rating organization” within the meaning of Section 3(a)(62) of the Exchange Act, selected by the Company (as certified

by a resolution of the Company’s Board of Directors) as a replacement agency for Fitch or S&P, or both of them, as the case

may be.

First Supplemental Indenture

“Rating Event”

means the rating on the Offered Securities is lowered by both Rating Agencies and the Offered Securities are rated below an Investment

Grade Rating by both of the Rating Agencies on any day during the period (which period shall be extended for so long as the rating of

the Offered Securities is under publicly announced consideration for a possible downgrade by any of the Rating Agencies) commencing on

the date of Parent’s first public notice of the occurrence of a Change of Control or Parent’s intention to effect a Change

of Control and ending 60 days following consummation or abandonment of such Change of Control.

“Restricted

Subsidiary” means any Subsidiary of the Company, Parent or nVent Finance that owns or leases a Principal Property.

“Sale and Lease-Back

Transaction” means an arrangement with any Person providing for the leasing by the Company, Parent, nVent Finance or a Restricted

Subsidiary of any Principal Property whereby such Principal Property has been owned and in full operation for more than 180 days and has

been or is to be sold or transferred by the Company, Parent, nVent Finance or a Restricted Subsidiary to such Person other than Parent,

nVent Finance, the Company or any of their respective Subsidiaries; provided, however, that the foregoing shall not apply to any such

arrangement involving a lease for a term, including renewal rights, for not more than three years.

“S&P”

means S&P Global Ratings, a division of S&P Global Inc., and its successors.

“Voting Stock”

means, with respect to any specified “Person” as of any date, the capital stock of such Person that is at the time entitled

to vote generally in the election of the board of directors of such Person.

All accounting terms not otherwise

defined in the Indenture will have the meanings assigned to them in accordance with GAAP as in effect from time to time; provided, however,

that, notwithstanding any change in GAAP with respect thereto after December 14, 2018 and notwithstanding anything to the contrary

herein, leases will continue to be classified and accounted for on a basis consistent with GAAP as in effect on such date for all purposes

of the Indenture and the Offered Securities (without giving effect to the phase-in of the effectiveness of any amendments to GAAP that

have been adopted as of such date), other than for purposes of provisions relating to the preparation or delivery of financial statements.

First Supplemental Indenture

Section 1.3 Additional Covenants.

The following additional covenants

shall apply with respect to the Offered Securities so long as any of the Offered Securities remain Outstanding (but subject to defeasance,

as provided in the Base Indenture and Section 1.1 of this First Supplemental Indenture):

(1)           Limitation

on Liens.

None of the Company, Parent

or nVent Finance shall, and none of them shall permit any Restricted Subsidiary to, issue, assume or guarantee any Indebtedness that is

secured by a Lien upon any property that at the time of such issuance, assumption or guarantee constitutes a Principal Property or upon

any shares of stock of or Indebtedness issued by any Restricted Subsidiary which directly or indirectly owns any Principal Property, whether

owned on the Issue Date or thereafter acquired, without effectively providing that, for so long as such Lien shall continue in existence

with respect to such secured Indebtedness, the Offered Securities (together with, if the Company shall so determine, any other Indebtedness

of the Company ranking equally with the Offered Securities, it being understood that for purposes hereof, Indebtedness which is secured

by a Lien and Indebtedness which is not so secured shall not, solely by reason of such Lien, be deemed to be of different ranking) shall

be equally and ratably secured by a Lien ranking ratably with or equal to (or at the Company’s option prior to) such secured Indebtedness;

provided, however, that the foregoing covenant shall not apply to:

(a)            Liens

existing on the Issue Date;

(b)            Liens

on the stock, assets or Indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary, unless created in contemplation

of such Person becoming a Restricted Subsidiary;

on any assets or Indebtedness of a Person existing at the time such Person is merged with or into or consolidated with or acquired by

the Company, Parent, nVent Finance or a Restricted Subsidiary or at the time of a purchase, lease or other acquisition of the assets of

a corporation or firm as an entirety or substantially as an entirety by the Company, Parent, nVent Finance or any Restricted Subsidiary;

(d)            Liens

on any Principal Property existing at the time of acquisition thereof by the Company, Parent, nVent Finance or any Restricted Subsidiary,

or Liens to secure the payment of the purchase price of such Principal Property by the Company, Parent, nVent Finance or any Restricted

Subsidiary, or to secure any Indebtedness incurred, assumed or guaranteed by the Company, Parent, nVent Finance or a Restricted Subsidiary

for the purpose of financing all or any part of the purchase price of such Principal Property or the cost of constructing, repairing,

replacing or improving such Principal Property, which Indebtedness is incurred, assumed or guaranteed prior to, at the time of or within

270 days after (A) such acquisition or (B) in the case of real property, the later of (y) the completion of such construction,

repair, replacement or improvement of such property or (z) the date of commencement of the commercial operation of the property constructed,

repaired, replaced or improved, as applicable; provided, however, that in the case of any such acquisition, construction, repair, replacement

or improvement, the Lien shall not apply to any Principal Property theretofore owned by the Company, Parent, nVent Finance or a Restricted

Subsidiary, other than the Principal Property so acquired, constructed, repaired, replaced or improved, and accessions thereto and improvements

and replacements thereof and the proceeds of the foregoing;

First Supplemental Indenture

(e)            Liens

securing Indebtedness owing by any Restricted Subsidiary to the Company, Parent, nVent Finance or a Subsidiary thereof or by the Company

to Parent or nVent Finance;

(f)             Liens

in favor of the United States or any State thereof, or any department, agency or instrumentality or political subdivision of the United

States or any State thereof, or in favor of any other country or any political subdivision thereof, to secure partial, progress, advance

or other payments pursuant to any contract, statute, rule or regulation or to secure any Indebtedness incurred or guaranteed for

the purpose of financing all or any part of the purchase price (or, in the case of real property, the cost of construction or improvement)

of the Principal Property subject to such Liens (including Liens incurred in connection with pollution control, industrial revenue or

similar financings);

(g)            pledges,

Liens or deposits under workers’ compensation or similar legislation, and Liens thereunder that are not currently dischargeable,

or in connection with bids, tenders, contracts (other than for the payment of money) or leases to which the Company, Parent, nVent Finance

or any Restricted Subsidiary is a party, or to secure the public or statutory obligations of the Company, Parent, nVent Finance or any

Restricted Subsidiary, or in connection with obtaining or maintaining self-insurance, or to obtain the benefits of any law, regulation

or arrangement pertaining to unemployment insurance, old age pensions, social security or similar matters, or to secure surety, performance,

appeal or customs bonds to which the Company, Parent, nVent Finance or any Restricted Subsidiary is a party, or in litigation or other

proceedings in connection with the matters heretofore referred to in this clause, such as interpleader proceedings, and other similar

pledges, Liens or deposits made or incurred in the ordinary course of business;

(h)            Liens

created by or resulting from any litigation or other proceeding that is being contested in good faith by appropriate action, including

Liens arising out of judgments or awards against the Company, Parent, nVent Finance or any Restricted Subsidiary with respect to which

the Company, Parent, nVent Finance or such Restricted Subsidiary in good faith is prosecuting an appeal or proceedings for review or for

which the time to make an appeal has not yet expired; or final unappealable judgment Liens which are satisfied within 60 days of the date

of judgment; or Liens incurred by the Company, Parent, nVent Finance or any Restricted Subsidiary for the purpose of obtaining a stay

or discharge in the course of any litigation or other proceeding to which the Company, Parent, nVent Finance or such Restricted Subsidiary

is a party, provided that (x) in the case of Liens arising out of judgments or awards, the enforcement of such Liens is effectively

stayed and (y) the aggregate amount secured by all such Liens does not exceed, at the time of creation thereof, $100,000,000;

(i)             Liens

for taxes or assessments or governmental charges or levies not yet due or delinquent; or that can thereafter be paid without penalty,

or that are being contested in good faith by appropriate action; landlord’s Liens on property held under lease and Liens of suppliers,

mechanics, carriers, materialmen, warehousemen or workmen and other similar Liens imposed by law created in the ordinary course of business

for amounts not yet due or which are being contested in good faith; and any other Liens or charges incidental to the conduct of the business

of the Company, Parent, nVent Finance or any Restricted Subsidiary, or the ownership of their respective assets, that were not incurred

in connection with the borrowing of money or the obtaining of advances or credit and that, in the opinion of the Board of Directors of

Parent, do not materially impair the use of such assets in the operation of the business of the Company, Parent, nVent Finance or such

Restricted Subsidiary or the value of such Principal Property for the purposes of such business;

First Supplemental Indenture

(j)             Liens

to secure the Company’s, Parent’s, nVent Finance’s or any Restricted Subsidiary’s obligations under agreements

with respect to spot, forward, future and option transactions, entered into in the ordinary course of business;

(k)            Liens

arising with respect to zoning restrictions, easements, licenses, reservations, covenants, rights-of-way, utility easements, building

restrictions and other similar charges or encumbrances on the use of real property which do not interfere with the ordinary conduct of

the Company’s, Parent’s, nVent Finance’s or any Restricted Subsidiary’s business;

(l)             Liens

arising from leases, subleases or licenses granted to others which do not interfere in any material respect with the Company’s,

Parent’s, nVent Finance’s or any Restricted Subsidiary’s business;

(m)           Liens

not permitted by the foregoing clauses (a) to (l), inclusive, if at the time of, and upon giving effect to, the creation or assumption

of any such Lien, the aggregate amount of all outstanding Indebtedness of the Company, Parent, nVent Finance and all Restricted Subsidiaries,

without duplication, secured by all such Liens not so permitted by the foregoing clauses (a) through (l), inclusive, together with

the Attributable Debt in respect of Sale and Lease-Back Transactions permitted by paragraph (a) under subsection (2) below,

do not exceed an amount equal to 15% of Consolidated Net Tangible Assets; and

(n)            any

extension, renewal or replacement (or successive extensions, renewals or replacements) in whole or in part, of any Lien referred to in

the foregoing clauses (a) to (m), inclusive; provided, however, that the principal amount of Indebtedness secured thereby (except

to the extent otherwise excepted under clauses (a) through (m)) shall not exceed the principal amount of Indebtedness so secured

at the time of such extension, renewal or replacement, and that such extension, renewal or replacement shall be limited to all or a part

of the assets, or any replacements therefor and products and proceeds thereof, that secured the Lien so extended, renewed or replaced,

plus improvements and construction on real property.

Notwithstanding the foregoing,

any Liens securing the Offered Securities granted pursuant to this Section 1.3(1) shall be automatically released and discharged

upon the release by all Holders of the Indebtedness secured by the Lien giving rise to the Lien securing the Offered Securities (including

any deemed release upon payment in full of all obligations under such Indebtedness), or, with respect to any particular Principal Property,

upon any sale, exchange or transfer to any Person not an Affiliate of Parent, nVent Finance or the Company of such Principal Property.

First Supplemental Indenture

(2)            Limitation

on Sale and Lease-Back Transactions.

None of the Company, Parent

or nVent Finance shall, and none of them shall permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction (other

than with the Company, Parent, nVent Finance and/or one or more Subsidiaries of Parent) unless:

(a)            the

Company, Parent, nVent Finance or such Restricted Subsidiary, at the time of entering into such Sale and Lease-Back Transaction, would

be entitled to incur Indebtedness secured by a Lien on the Principal Property to be leased in an amount at least equal to the Attributable

Debt in respect of such Sale and Lease-Back Transaction, without equally and ratably securing the Offered Securities pursuant to Section 1.3(1) of

this First Supplemental Indenture; or

(b)            the

direct or indirect proceeds of the sale of the Principal Property to be leased are at least equal to the fair value of such Principal

Property, as determined by Parent’s Board of Directors, and an amount equal to the net proceeds from the sale of the property or

assets so leased is applied, within 270 days of the effective date of any such Sale and Lease-Back Transaction, to the purchase or acquisition,

or, in the case of real property, commencement of the construction of property or assets or to the retirement (other than at maturity

or pursuant to a mandatory sinking fund or mandatory redemption provision) of Offered Securities, or of Funded Indebtedness of Parent,

nVent Finance or a consolidated Subsidiary ranking on a parity with or senior to the Offered Securities; provided that there shall be

credited to the amount of net proceeds required to be applied pursuant to this clause (b) an amount equal to the sum of (i) the

principal amount of Offered Securities delivered within 270 days of the effective date of such Sale and Lease-Back Transaction to the

Trustee for retirement and cancellation and (ii) the principal amount of other Funded Indebtedness voluntarily retired by Parent,

nVent Finance or a consolidated Subsidiary ranking on a parity with or senior to the Offered Securities within such 270-day period, excluding

retirements of Offered Securities and other Funded Indebtedness as a result of conversions or pursuant to mandatory sinking fund or mandatory

prepayment provisions.

(3)            Change

of Control Triggering Event.

(a)            If

a Change of Control Triggering Event with respect to the Offered Securities occurs, unless the Company has exercised its option to redeem

the Offered Securities, it shall be required to make an offer (a “Change of Control Offer”) to each Holder of the Offered

Securities to repurchase, at the Holder’s election, all or any part (equal to $2,000 or an integral multiple of $1,000 in excess

thereof) of that Holder’s Offered Securities on the terms set forth in this First Supplemental Indenture. In a Change of Control

Offer, the Company shall be required to offer payment in cash equal to 101% of the aggregate principal amount of Offered Securities to

be repurchased, plus accrued and unpaid interest, if any, on the Offered Securities to be repurchased to, but excluding, the date of repurchase

(a “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event with respect to the

Offered Securities or, at the Company’s option, prior to any Change of Control, but after public announcement of the transaction

that constitutes or may constitute the Change of Control, a notice shall be sent to the Trustee and to the Holders of the Offered Securities

describing in reasonable detail the transaction that constitutes or may constitute the Change of Control Triggering Event and offering

to repurchase the Offered Securities on the date specified in the notice, which date shall, except as described in the immediately following

sentence, be no earlier than 30 and no later than 60 days from the date such notice is sent (or, in the case of a notice prior to the

consummation of the Change of Control Triggering Event, no earlier than 30 nor later than 60 days from the Change of Control Triggering

Event) other than as may be required by law (a “Change of Control Payment Date”). The notice shall, if sent prior to

the date of consummation of the Change of Control, state that the offer to purchase is conditioned on the Change of Control Triggering

Event occurring on or prior to the Change of Control Payment Date.

First Supplemental Indenture

(b)            If

the Change of Control Payment Date falls on a day that is not a Business Day, the related payment of the Change of Control Payment will

be made on the next Business Day as if it were made on the date such payment was due, and no interest will accrue on the amounts so payable

for the period from and after such date to the next Business Day.

order to accept the Change of Control Offer, the Holder must deliver (or otherwise comply with alternative instructions in accordance

with the procedures of the Depositary) to the paying agent, at least five Business Days prior to the Change of Control Payment Date, its

Offered Security together with the form entitled “Election Form” (which form is contained in the form of Offered Security

attached hereto as Exhibit A) duly completed, or a telegram, telex, facsimile transmission or a letter from a member of a national

securities exchange, or the Financial Industry Regulatory Authority, Inc. or a commercial bank or trust company in the United States

setting forth:

(i)             the

name of the Holder of such Offered Security;

(ii)            the

principal amount of such Offered Security;

(iii)           the

principal amount of such Offered Security to be repurchased;

(iv)           the

certificate number or a description of the tenor and terms of such Offered Security;

(v)            a

statement that the Holder is accepting the Change of Control Offer; and

(vi)           a

guarantee that such Offered Security, together with the form entitled “Election Form” duly completed, shall be received by

the paying agent at least five Business Days prior to the Change of Control Payment Date.

First Supplemental Indenture

(d)            Any

exercise by a Holder of its election to accept the Change of Control Offer shall be irrevocable. The Change of Control Offer may be accepted

for less than the entire principal amount of an Offered Security, but in that event the principal amount of such Offered Security remaining

Outstanding after repurchase must be equal to $2,000 or an integral multiple of $1,000 in excess thereof.

(e)            On

the Change of Control Payment Date, the Company shall, to the extent lawful:

(i)             accept

for payment all Offered Securities or portions of such Offered Securities properly tendered pursuant to the Change of Control Offer;

(ii)            deposit

with the paying agent an amount equal to the Change of Control Payment in respect of all Offered Securities or portions of Offered Securities

properly tendered; and

(iii)            deliver

or cause to be delivered to the Trustee the Offered Securities properly accepted together with an Officers’ Certificate stating

the aggregate principal amount of Offered Securities or portions of Offered Securities being repurchased.

(f)             The

Company shall not be required to make a Change of Control Offer upon the occurrence of a Change of Control Triggering Event if a third

party makes such an offer in the manner, at the times and otherwise in compliance with the requirements for an offer made by the Company

and the third party purchases all Offered Securities properly tendered and not withdrawn under its offer. In addition, the Company shall

not repurchase any Offered Securities if there has occurred and is continuing on the Change of Control Payment Date an Event of Default

under the Base Indenture (as supplemented by this First Supplemental Indenture), other than a default in the payment of the Change of

Control Payment upon a Change of Control Triggering Event.

(g)            Notwithstanding

the foregoing, the Company, Parent, and nVent Finance shall comply with the requirements of Rule 14e-1 under the Securities Exchange

Act of 1934, as amended (the “Exchange Act”), and any other securities laws and regulations thereunder to the extent

those laws and regulations are applicable in connection with the repurchase of the Offered Securities as a result of a Change of Control

Triggering Event. To the extent that the provisions of any such securities laws or regulations conflict with this Section 1.3(3),

none of the Company, Parent or nVent Finance shall be deemed to have breached its obligations under this Section 1.3(3) by virtue

of its compliance with such securities laws or regulations.

(4)            Limitation

on Mergers and Other Transactions.

First Supplemental Indenture

Each of the Company, Parent

and nVent Finance covenants that it will not merge or consolidate with any other Person or sell or convey all or substantially all of

its assets in one transaction or a series of related transactions to any Person, unless:

(a)            either

the Company, Parent or nVent Finance, as the case may be, shall be the continuing entity, or the successor entity or the Person which

acquires by sale or conveyance substantially all the assets of the Company, Parent or nVent Finance, as the case may be (if other than

the Company, Parent or nVent Finance, as the case may be), (A) shall expressly assume the due and punctual payment of the principal

of, premium, if any, and interest on the Offered Securities or the obligations under the Parent guarantee or the nVent Finance guarantee,

as the case may be, according to their tenor, and the due and punctual performance and observance of all of the covenants and agreements

of the Base Indenture (as supplemented by this First Supplemental Indenture) to be performed or observed by the Company, Parent or nVent

Finance, as the case may be, by supplemental indenture reasonably satisfactory to the Trustee, executed and delivered to the Trustee by

such person, (B) shall be an organization treated as a “corporation” for United States federal tax purposes under the

laws of the United States, any state thereof or the District of Columbia, Luxembourg, Ireland, England and Wales, Jersey, any member

state of the European Union as in effect on the date the Offered Securities are first issued, or Switzerland, (C) shall agree to

pay any Additional Amounts with respect to any withholding or deduction of Taxes or any payment on the Offered Securities or the guarantees

(as applicable) imposed by any jurisdiction in which such successor entity is incorporated or otherwise a resident for tax purposes pursuant

to the terms set forth and, subject to the exceptions described in, Section 14.02 of the Base Indenture and (D) shall obtain

either (x) an opinion, in form and substance reasonably acceptable to the Trustee, of tax counsel of recognized standing reasonably

acceptable to the Trustee, which counsel shall include Foley & Lardner LLP, or (y) a ruling from the United States Internal

Revenue Service, in either case to the effect that such merger or consolidation, or such sale or conveyance, will not result in an exchange

of the Offered Securities for new debt instruments for United States federal income tax purposes; and

(b)            no

Event of Default (as defined below) and no event that, after notice or lapse of time or both, would become an Event of Default shall be

continuing immediately after such merger or consolidation, or such sale or conveyance.

The Company shall deliver

to the Trustee prior to or simultaneously with the consummation of the proposed transaction an Officer’s Certificate to the foregoing

effect and an Opinion of Counsel stating that the proposed transaction and any such supplemental indenture comply with the Base Indenture

(as supplemented by this First Supplemental Indenture).

Section 1.4 Events of Default.

Solely with respect to the

Offered Securities, the provisions set forth below shall replace in their entirety Sections 6.01(a) and (b) of the Base Indenture:

First Supplemental Indenture

“(a) Whenever used

herein with respect to the Offered Securities, “Event of Default” means any one or more of the following events that has occurred

and is continuing:

(1)           default

in the payment of any installment of interest upon any of the Offered Securities as and when the same shall become due and payable, and

continuance of such default for a period of 30 days;

(2)           default

in the payment of all or any part of the principal of or premium, if any, on any of the Offered Securities as and when the same shall

become due and payable either at maturity, upon redemption, by declaration or otherwise;

(3)            default

in the performance or breach by the Company, Parent or nVent Finance of the covenant described under Section 1.3(4) of this

First Supplemental Indenture;

(4)            failure

by the Company for 60 days from receipt of written notice by the Trustee or the Holders of at least 25% of the principal amount of the

Offered Securities Outstanding to comply with the provisions under Section 1.3(3) of this First Supplemental Indenture;

(5)            default

in the performance, or breach, of any covenant or agreement of the Company, Parent or nVent Finance in respect of the Offered Securities

and the related guarantees (other than a default or breach that is specifically dealt with elsewhere), and continuance of such default

or breach for a period of 90 days after the date on which there has been given, by registered or certified mail, to the Company, Parent

or nVent Finance by the Trustee or to the Company, Parent or nVent Finance and the Trustee by the Holders of at least 25% in principal

amount of the Outstanding Offered Securities, a written notice specifying such default or breach and requiring it to be remedied and stating

that the notice is a “Notice of Default” under the Indenture;

(6)            the

Parent guarantee or the nVent Finance guarantee with respect to the Offered Securities shall for any reason cease to be, or shall for

any reason be asserted in writing by the Company, Parent or nVent Finance, as the case may be, not to be, in full force and effect and

enforceable in accordance with its terms except to the extent contemplated by the Base Indenture, the First Supplemental Indenture and

each guarantee;

(7)            an

event of default shall happen and be continuing with respect to any Indebtedness (other than Non-Recourse Indebtedness) of the Company,

Parent, nVent Finance or any Restricted Subsidiary under any indenture or other instrument evidencing or under which the Company, Parent,

nVent Finance or any Restricted Subsidiary shall have a principal amount outstanding (such amount with respect to original issue discount

bonds or zero coupon notes, bonds or debentures or similar securities based on the accreted amount determined in accordance with GAAP

and as of the date of the most recently prepared consolidated balance sheet of the Company, Parent, nVent Finance or any Restricted Subsidiary,

as the case may be) in excess of $100,000,000, and such event of default shall involve the failure to pay the principal of such Indebtedness

on the final maturity date thereof after the expiration of any applicable grace period with respect thereto, or such Indebtedness shall

have been accelerated so that the same shall have become due and payable prior to the date on which the same would otherwise have become

due and payable, and such acceleration shall not be rescinded or annulled within 30 days after notice thereof shall have been given to

the Company by the Trustee, or to the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Outstanding

Offered Securities; provided, however, that:

(a)            if

such event of default under such indenture or instrument shall be remedied or cured by the Company, Parent or nVent Finance or waived

by the requisite holders of such Indebtedness, then the Event of Default hereunder by reason thereof shall be deemed likewise to have

been thereupon remedied, cured or waived without further action upon the part of either the Trustee or any of the Holders; and

First Supplemental Indenture

(b)            subject

to the provisions of Sections 7.01 and 7.02 of the Base Indenture, the Trustee shall not be charged with actual knowledge of any such

event of default unless written notice thereof shall have been given to a Responsible Officer of the Trustee by the Company, Parent or

nVent Finance, as the case may be, by the holder or an agent of the holder of any such Indebtedness, by the trustee then acting under

any indenture or other instrument under which such default shall have occurred, or by the Holders of not less than 25% in the aggregate

principal amount of Outstanding Offered Securities;

(8)            a

court having jurisdiction in the premises shall enter a decree or order for relief in respect of the Company, Parent or nVent Finance

in an involuntary case under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, or appointing a receiver,

liquidator, assignee, custodian, trustee or sequestrator or similar official of the Company, Parent or nVent Finance or for any substantial

part of its property or ordering the winding up or liquidation of its affairs, and such decree or order shall remain unstayed and in effect

for a period of 90 consecutive days;

(9)            the

Company, Parent or nVent Finance shall commence a voluntary case under any applicable bankruptcy, insolvency or other similar law now

or hereafter in effect, or consent to the entry of an order for relief in an involuntary case under any such law, or consent to the appointment

of or taking possession by a receiver, liquidator, assignee, custodian, trustee or sequestrator or similar official of the Company, Parent

or nVent Finance or for any substantial part of its property, or make any general assignment for the benefit of creditors; or

(10)          failure

by the Company to redeem the Offered Securities pursuant to the provisions described in Section 7 of the form of Offered Security

attached hereto as Exhibit A.

(b)            If an Event of Default

shall have occurred and be continuing in respect of the Offered Securities, in each and every case (other than an Event of Default described

in the eighth and ninth paragraphs above), unless the principal of all the Offered Securities shall have already become due and payable,

either the Trustee at the written request of the Holder or Holders of not less than 25% in aggregate principal amount of the Offered Securities

then Outstanding, by notice in writing to the Company, Parent and nVent Finance, as applicable, and to the Trustee if given by such Holder

or Holders, may declare the unpaid principal and accrued and unpaid interest of all the Offered Securities to be due and payable immediately.

If an Event of Default described in the eighth or ninth paragraphs above shall have occurred in respect of the Offered Securities, the

unpaid principal and accrued and unpaid interest of all the Offered Securities shall be due and payable immediately, without any declaration

or other act on the part of the Trustee or the Holders.”

First Supplemental Indenture

Section 1.5 Additional Notes.

The

Company may, without the consent of the Holders of the Outstanding Offered Securities, issue additional debt securities of such

series (“Additional Notes”), which Additional Notes shall have the same terms as the Outstanding Offered Securities

except for the issue price, date of issuance, and under some circumstances, the first interest payment date; provided, that, if Additional

Notes are not fungible with the then Outstanding Offered Securities for U.S. federal income tax purposes, such Additional Notes shall

be issued with a separate CUSIP code from the Outstanding Offered Securities. Additional Notes issued in this manner shall form a single

series with the Outstanding Offered Securities for all purposes under the Indenture.

ARTICLE II

MISCELLANEOUS

Section 2.1 Definitions.

Capitalized terms used but

not defined in this First Supplemental Indenture shall have the meanings ascribed thereto in the form of Offered Security attached hereto

as Exhibit A or in the Base Indenture.

Section 2.2 Confirmation of Indenture.

The Base Indenture, as supplemented

and amended by this First Supplemental Indenture, is in all respects ratified and confirmed, and the Base Indenture, this First Supplemental

Indenture and all indentures supplemental thereto shall be read, taken and construed as one and the same instrument.

Section 2.3 Concerning the Trustee.

In carrying out the Trustee’s

responsibilities hereunder, the Trustee shall have all of the rights, protections and immunities which it possesses under the Base Indenture.

The recitals contained in this First Supplemental Indenture and in the Offered Securities, except the Trustee’s certificate of authentication,

shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee shall not

be responsible for and makes no representations as to (i) the validity or sufficiency of this First Supplemental Indenture or of

the Offered Securities, (ii) the proper authorization hereof by the Guarantors and the Company by action or otherwise, (iii) the

due execution hereof by the Guarantors and the Company or (iv) the consequences of any amendment herein provided for. The Trustee

shall not be accountable for the use or application by the Company of the Offered Securities or the proceeds thereof.

First Supplemental Indenture

Section 2.4 Governing Law.

This First Supplemental Indenture

and the Offered Securities shall be deemed to be a contract made under the internal laws of the State of New York, and for all purposes

shall be construed in accordance with the laws of said State without regard to conflicts of law principles (except for Sections 5-1401

and 5-1402 of the New York General Obligations Law) that would require the application of any other law. This First Supplemental Indenture

is subject to the provisions of the Trust Indenture Act of 1939 that are required to be part of this First Supplemental Indenture and

shall, to the extent applicable, be governed by such provisions.

Section 2.5 Separability.

In case any one or more of

the provisions contained in this First Supplemental Indenture or in the Offered Securities of any series shall for any reason be held

to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions

of this First Supplemental Indenture or of such Offered Securities, but this First Supplemental Indenture and such Offered Securities

shall be construed as if such invalid or illegal or unenforceable provision had never been contained herein or therein.

Section 2.6 Counterparts.

This First Supplemental Indenture

may be executed in any number of counterparts, each of which shall be an original, but such counterparts shall together constitute but

one and the same instrument. The exchange of copies of this First Supplemental Indenture and of signature pages by facsimile or PDF

transmission shall constitute effective execution and delivery of this First Supplemental Indenture as to the parties hereto and may be

used in lieu of the original First Supplemental Indenture for all purposes. Delivery of an executed counterpart of a signature page to

this First Supplemental Indenture by telecopier, facsimile or other electronic transmission (including any electronic signature covered

by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act, the Electronic Signatures and Records Act or other applicable

law) shall be effective and valid as delivery of a manually executed counterpart thereof.

Section 2.7 No Benefit.

Nothing in this First Supplemental

Indenture, express or implied, shall give to any Person other than the parties hereto and their successors or assigns, and the Holders

of the Offered Securities, any benefit or legal or equitable rights, remedy or claim under this First Supplemental Indenture or the Base

Indenture.

Section 2.8 Amendments and Supplemental

Indentures.

This First Supplemental Indenture

and the Offered Securities are subject to the provisions regarding supplemental indentures and amendments set forth in Article IX

of the Base Indenture, as amended by this First Supplemental Indenture.

First Supplemental Indenture

Section 2.9 Legal, Valid and Binding Obligation.

The Guarantors and the Company

hereby represent and warrant that, assuming the due authorization, execution and delivery of this First Supplemental Indenture by the

Trustee, this First Supplemental Indenture is the legal, valid and binding obligation of the Guarantors and the Company enforceable against

the Guarantors and the Company in accordance with its terms, subject to bankruptcy, insolvency, reorganization and other laws of general

applicability relating to or affecting the enforcement of creditors’ rights and to general equity principles.

[Signature Page Follows]

First Supplemental Indenture

IN WITNESS WHEREOF, the parties

hereto have caused this First Supplemental Indenture to be duly executed as of the day and year first above written.

HOFFMAN SCHROFF HOLDINGS, INC., as Issuer

By:

/s/ Randolph A. Wacker

Name: Randolph A. Wacker

Title: President and Treasurer

NVENT ELECTRIC PLC, as Parent and Guarantor

By:

/s/ Randolph A. Wacker

Name: Randolph A. Wacker

Title: Senior Vice President and Chief Accounting Officer

NVENT FINANCE S.À R.L., as Guarantor

By:

/s/ Randolph A. Wacker

Name: Randolph A. Wacker

Title: Manager

[Signature Page to First Supplemental Indenture]

IN WITNESS WHEREOF, the parties

hereto have caused this First Supplemental Indenture to be duly executed as of the day and year

first above written.

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee

By:

/s/ Quinton M. DePompolo

Name: Quinton M. DePompolo

Title: Vice President

[Signature Page to First Supplemental Indenture]

EXHIBIT A

FORM OF 6.150% NOTES

[Insert the Private Placement Legend and/or

the Global Security legend, as applicable]

6.150% SENIOR NOTES DUE 2036

No. [     ]

$[          ]

CUSIP No 434541AA6

HOFFMAN SCHROFF HOLDINGS, INC.

promises to pay to [          ]

or registered assigns, the principal sum of [          ] Dollars on September 15,

2036.

Interest Payment Dates: March 15 and September 15

Regular Record Dates: March 1 and September 1

Each holder of this Security

(as defined below), by accepting the same, agrees to and shall be bound by the provisions hereof and of the Indenture described herein,

and authorizes and directs the Trustee described herein on such holder’s behalf to be bound by such provisions. Each holder of this

Security hereby waives all notice of the acceptance of the provisions contained herein and in the Indenture and waives reliance by such

holder upon said provisions.

This Security shall not be

entitled to any benefit under the Indenture, or be valid or become obligatory for any purpose, until the Certificate of Authentication

hereon shall have been signed by or on behalf of the Trustee. The provisions of this Security are continued on the reverse side hereof,

and such continued provisions shall for all purposes have the same effect as though fully set forth at this place.

[Signature Page Follows]

A-1

IN WITNESS WHEREOF, the Company

has caused this instrument to be signed in accordance with Section 2.04 of the Base Indenture.

HOFFMAN SCHROFF HOLDINGS, INC.

By:

Name:

Title:

CERTIFICATE OF AUTHENTICATION

This is one of the Securities of the series designated

therein and referred to in the within-mentioned Indenture.

U.S. BANK TRUST COMPANY, NATIONAL

ASSOCIATION, as Trustee

By:

Authorized Signatory

Dated:

A-2

GUARANTEE

For value received, NVENT

ELECTRIC PLC hereby absolutely, unconditionally and irrevocably jointly and severally guarantees (i) to the holder of this Security

the payment of principal of, premium, if any, and interest and any Additional Amounts, if any, on, the Security upon which this Guarantee

is set forth in the amounts and at the time when due and payable whether by declaration thereof, or otherwise, and interest on the overdue

principal and interest, if any, of such Security, if lawful, to the holder of such Security and the Trustee on behalf of the Holders,

and (ii) to the Trustee all amounts owed to the Trustee under the Indenture, in each case in accordance with and subject to the terms

and limitations of such Security and Article XV of the Base Indenture. This Guarantee shall not become effective until the Trustee

or Authenticating Agent duly executes the certificate of authentication on this Security. This Guarantee shall be governed by and construed

in accordance with the laws of the State of New York, without regard to conflict of law principles thereof.

Dated:

NVENT ELECTRIC PLC

By:

Name:

Title:

A-3

GUARANTEE

For value received, NVENT

FINANCE S.À R.L. hereby absolutely, unconditionally and irrevocably jointly and severally guarantees (i) to the holder of

this Security the payment of principal of, premium, if any, and interest and any Additional Amounts, if any, on, the Security upon which

this Guarantee is set forth in the amounts and at the time when due and payable whether by declaration thereof, or otherwise, and interest

on the overdue principal and interest, if any, of such Security, if lawful, to the holder of such Security and the Trustee on behalf of

the Holders, and (ii) to the Trustee all amounts owed to the Trustee under the Indenture, in each case in accordance with and subject

to the terms and limitations of such Security and Article XV of the Base Indenture. This Guarantee shall not become effective until

the Trustee or Authenticating Agent duly executes the certificate of authentication on this Security. This Guarantee shall be governed

by and construed in accordance with the laws of the State of New York, without regard to conflict of law principles thereof.

Dated:

NVENT FINANCE S.À R.L.

By:

Name:

Title:

A-4

HOFFMAN SCHROFF HOLDINGS, INC.

6.150% Senior Notes due 2036

This security is one of a

duly authorized series of debt securities of Hoffman Schroff Holdings, Inc., a Delaware corporation (the “Company”),

issued or to be issued in one or more series under and pursuant to an Indenture for the Company’s unsubordinated debt securities,

dated as of September 29, 2026 (the “Base Indenture”), duly executed and delivered by and among the Company, nVent

Electric plc, an Irish public limited company (“Parent”), nVent Finance S.à r.l., a Luxembourg private limited

liability company (société à responsabilité limitée) with registered office at 26, Boulevard

Royal, L-2449 Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg Trade and Companies Register under number B 219.846

(“nVent Finance” and together with Parent, the “Guarantors”) and U.S. Bank Trust Company, National

Association, a national banking association (the “Trustee”), as supplemented by the First Supplemental Indenture, dated

as of September 29, 2026 (the “First Supplemental Indenture”), by and among the Company, the Guarantors and the

Trustee. The Base Indenture as supplemented and amended by the First Supplemental Indenture is referred to herein as the “Indenture.”

By the terms of the Base Indenture, the debt securities issuable thereunder are issuable in series that may vary as to amount, date of

maturity, rate of interest and in other respects as provided in the Base Indenture. This security is one of the series designated on the

face hereof (individually, a “Security,” and collectively, the “Securities”), and reference is hereby

made to the Indenture for a description of the rights, limitations of rights, obligations, duties and immunities of the Trustee, the Company,

the Guarantors and the holders of this Security (the “Securityholders”). Capitalized terms used herein and not otherwise

defined shall have the meanings given them in the Base Indenture or in the First Supplemental Indenture, as applicable.

1.             Interest.

The Company promises to pay interest on the principal amount of this Security at an annual rate of 6.150% (the “Original Interest

Rate”), subject to adjustment pursuant to Section 2 of this Security. The Company shall pay interest semi-annually on March 15

and September 15 of each year (each such day, an “Interest Payment Date”). If any Interest Payment Date, redemption

date or maturity date of this Security is not a Business Day, then payment of interest or principal (and premium, if any) shall be made

on the next succeeding Business Day with the same force and effect as if made on the date such payment was due, and no interest shall

accrue for the period after such date to the date of such payment on the next succeeding Business Day. Interest on the Securities shall

accrue from the most recent date to which interest has been paid or duly provided for or, if no interest has been paid, from the date

of issuance; provided, that, if there is no existing Default in the payment of interest, and if this Security is authenticated between

a regular record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next

succeeding Interest Payment Date; and provided, further, that the first Interest Payment Date shall be March 15, 2027. Interest shall

be calculated on the basis of a 360-day year consisting of twelve 30-day months.

2.             Interest

Rate Adjustment.  The interest rate payable on this Security shall be subject to adjustment from time to time if either

Fitch or S&P (or, if applicable, a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62)

under the Exchange Act selected by the Company as a replacement for Fitch or S&P, or both, as the case may be (each, a “Substitute

Rating Agency”)) downgrades (or subsequently upgrades) its rating assigned to the Securities, as set forth in this Section 2.

Each of Fitch, S&P and any Substitute Rating Agency is an “Interest Rate Rating Agency,” and together they are

“Interest Rate Rating Agencies.”

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If the rating of the Securities

from one or both of Fitch or S&P (or, if applicable, any Substitute Rating Agency) is decreased to a rating set forth in either of

the tables set forth in this Section 2, the interest rate shall increase from the Original Interest Rate by an amount equal to the

sum of the percentages per annum set forth in the following tables opposite those ratings:

Fitch Rating*

Percentage

BB+

0.25 %

0.50 %

BB-

0.75 %

B+ or below

1.00 %

S&P Rating*

Percentage

BB+

0.25 %

0.50 %

BB-

0.75 %

B+ or below

1.00 %

*            Including

the equivalent ratings of any Substitute Rating Agency therefor.

For purposes of making adjustments

to the interest rate payable on this Security, the following rules of interpretation shall apply:

(1)            if

at any time less than two Interest Rate Rating Agencies provide a rating on the Securities for reasons not within Parent’s control

(i) the Company shall use commercially reasonable efforts to obtain a rating on the Securities from a Substitute Rating Agency for

purposes of determining any increase or decrease in the interest rate on this Security pursuant to the tables set forth in this Section 2,

(ii) such Substitute Rating Agency shall be substituted for the last Interest Rate Rating Agency to provide a rating on the Securities

but which has since ceased to provide such rating, (iii) the relative ratings scale used by such Substitute Rating Agency to assign

ratings to senior unsecured debt shall be determined in good faith by an independent investment banking institution of national standing

appointed by the Company and, for purposes of determining the applicable ratings included in the applicable table in this Section 2

with respect to such Substitute Rating Agency, such ratings shall be deemed to be the equivalent ratings used by Fitch or S&P, as

applicable, in such table, and (iv) the interest rate payable on this Security shall increase or decrease, as the case may be, such

that the interest rate payable equals the Original Interest Rate plus the appropriate percentage, if any, set forth opposite the rating

from such Substitute Rating Agency in the applicable table in this Section 2 (taking into account the provisions of clause (iii) in

this paragraph (1)) (plus any applicable percentage resulting from a decreased rating by the other Interest Rate Rating Agency);

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(2)            for

so long as only one Interest Rate Rating Agency provides a rating on the Securities, any increase or decrease in the interest rate payable

on this Security necessitated by a reduction or increase in the rating by that Interest Rate Rating Agency shall be twice the applicable

percentage set forth in the applicable table set forth in this Section 2;

(3)            if

both Interest Rate Rating Agencies cease to provide a rating of the Securities for any reason, and no Substitute Rating Agency has provided

a rating on the Securities, the interest rate shall increase to, or remain at, as the case may be, 2.00% per annum above the Original

Interest Rate prior to any such adjustment;

(4)            if

Fitch or S&P ceases to rate the Securities or makes a rating of the Securities publicly available for reasons within Parent’s

control, the Company shall not be entitled to obtain a rating from a Substitute Rating Agency and the increase or decrease in the interest

rate on this Security shall be determined in the manner described in this Section 2 as if either only one or no Interest Rate Rating

Agency provides a rating on the Securities, as the case may be;

(5)            each

interest rate adjustment required by any decrease or increase in a rating as set forth in this Section 2, whether occasioned by the

action of Fitch or S&P (or, in either case, any Substitute Rating Agency), shall be made independently of (and in addition to) any

and all other interest rate adjustments occasioned by the action of the other Interest Rate Rating Agency;

(6)            in

no event shall (i) the interest rate on this Security be reduced to below the Original Interest Rate prior to any such adjustment

or (ii) the total increase in the interest rates on this Security pursuant to this Section 2 exceed 2.00% above the Original

Interest Rate; and

(7)            subject

to paragraphs (3) and (4) of this Section 2, no adjustment in the interest rate on this Security shall be made solely as

a result of an Interest Rate Rating Agency ceasing to provide a rating of the Securities.

If at any time the interest

rate on this Security has been adjusted upward and either of the Interest Rate Rating Agencies subsequently increases its rating of the

Securities, the interest rate on this Security shall again be adjusted (and decreased, if appropriate) such that the interest rate on

this Security equals the Original Interest Rate prior to any such adjustment plus (if applicable) an amount equal to the sum of the percentages

per annum set forth opposite the ratings in the tables set forth in this Section 2 with respect to the ratings assigned to the Securities

(or deemed assigned) at that time, all calculated in accordance with the rules of interpretation set forth in this Section 2.

If Fitch, S&P or any Substitute Rating Agency subsequently increases its rating on the Securities to “BBB-” (or its equivalent

if with respect to any Substitute Rating Agency) or higher, the interest rate on this Security shall be decreased to the Original Interest

Rate prior to any adjustments made pursuant to this Section 2.

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Any interest rate increase

or decrease made pursuant to this Section 2 shall take effect from the first day of the interest period during which a rating change

occurs requiring an adjustment in the interest rate. If either Interest Rate Rating Agency changes its rating of the Securities more than

once during any particular interest period, the last such change by such Interest Rate Rating Agency to occur shall control in the event

of a conflict for purposes of any increase or decrease in the interest rate.

The interest rate shall permanently

cease to be subject to any adjustment pursuant to this Section 2 (notwithstanding any subsequent decrease in the ratings by either

Interest Rate Rating Agency) if the Securities become rated “BBB+” or higher by Fitch or S&P (or their equivalent if with

respect to any Substitute Rating Agency), in each case with a stable or positive outlook.

If the interest rate payable

on this Security is increased as set forth in this Section 2, the term “interest” shall be deemed to include any such

additional interest unless the context otherwise requires.

3.             Method

of Payment. The Company shall pay interest on this Security (except defaulted interest), if any, to the persons in whose name such

Security is registered at the close of business on the regular record date referred to on the facing page of this Security for such

interest installment. In the event that this Security or a portion hereof is called for redemption and the redemption date is subsequent

to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on this Security

shall be paid upon presentation and surrender of this Security as provided in the Indenture. The principal of and the interest on this

Security shall be payable in the coin or currency of the United States of America that at the time is legal tender for public and private

debt, at the office or agency of the Company maintained for that purpose in accordance with the Indenture.

4.             Paying

Agent and Registrar. Initially, U.S. Bank Trust Company, National Association, the Trustee, shall act as paying agent and Security

Registrar. The Company may change or appoint any paying agent or Security Registrar without notice to any Securityholder. The Guarantors,

the Company or any of their Subsidiaries may act in any such capacity.

5.             Indenture.

The terms of this Security include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture

Act of 1939 (the “TIA”) as in effect on the date the Indenture is qualified. This Security is subject to all such terms,

and Securityholders are referred to the Indenture and the TIA for a statement of such terms. These Securities are senior unsecured general

obligations of the Company and constitute the series designated on the face hereof as the “6.150% Senior Notes due 2036”,

initially limited to $800,000,000 in aggregate principal amount.

The Company shall furnish

to any Securityholder upon written request and without charge a copy of the Base Indenture and the First Supplemental Indenture. Requests

may be made to: nVent Electric plc c/o nVent Management Company at 1665 Utica Avenue, St. Louis Park, Minnesota 55416, Attention: General

Counsel, Telecopy No. (763) 204-7950.

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6.             Optional

Redemption.  Prior to June 15, 2036 (the “Par Call Date”), the Company may redeem the Securities

at its option, in whole or in part, at any time and from time to time, at a redemption price (expressed as a percentage of principal amount

and rounded to three decimal places) equal to the greater of: (i)(a) the sum of the present values of the remaining scheduled payments

of principal and interest on the Securities to be redeemed discounted to the redemption date (assuming the Securities matured on the Par

Call Date) on a semi-annual 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 (ii) 100% of the principal amount of the Securities to be redeemed,

plus, in either case, accrued and unpaid interest thereon to, but excluding, 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 a redemption price equal to 100% of the principal

amount of the Securities being redeemed, plus accrued and unpaid interest thereon to, but excluding, the redemption date.

Any

notice of redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including completion

of a refinancing transaction or other corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence

of indebtedness or an acquisition or other strategic transaction involving a change of control in the Company or another entity). In addition,

if such redemption or notice is subject to satisfaction of one or more conditions precedent, the Company may, in its discretion, delay

the redemption date until such time as any or all such conditions shall be satisfied or waived, or such redemption may not occur and such

notice may be rescinded in the event that any or all such conditions shall not have been satisfied or waived by the redemption date, or

by the redemption date so delayed.

This Security

is also subject to redemption to the extent provided in Section 14.01 of the Base Indenture.

The Company’s

actions and determinations in determining the redemption price shall be conclusive and binding for all purposes, absent manifest error.

Notice of any redemption will be mailed or electronically delivered (or otherwise transmitted in accordance with the Depositary’s

procedures) at least 10 but not more than 60 days before the redemption date to each Holder of the Securities to be redeemed. In the case

of a partial redemption, selection of the Securities for redemption will be made pro rata, by lot or by such other method as the Trustee

in its sole discretion deems appropriate and fair. No Securities of a principal amount of $2,000 or less will be redeemed in part. If

any Security is to be redeemed in part only, the notice of redemption that relates to the Security will state the portion of the principal

amount of the Security to be redeemed. A Security in a principal amount equal to the unredeemed portion of the Security will 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 the Depository, 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.

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“Treasury

Rate” means, with respect to any redemption date, the yield determined by the Company in accordance with the

following two paragraphs.

The

Treasury Rate shall be determined by the Company after 4:15 p.m., New York City time (or after such time as yields on U.S. government

securities are posted daily by the Board of Governors of the Federal Reserve System), on the third

Business Day preceding the redemption date based upon the yield or yields for the most recent day that appear after such time on such

day in the most recent statistical release published by the Board of Governors of the Federal Reserve System designated as “Selected

Interest Rates (Daily) - H.15” (or any successor designation or publication) (“H.15”) under the caption “U.S.

government securities–Treasury constant maturities–Nominal” (or any successor caption or heading) (“H.15 TCM”).

In determining the Treasury Rate, the Company shall select, as applicable: (1) the yield for the Treasury constant maturity on H.15

exactly equal to the period from the redemption date to the Par Call Date (the “Remaining Life”); or (2) if there

is no such Treasury constant maturity on H.15 exactly equal to the Remaining Life, the two yields – one yield corresponding to the

Treasury constant maturity on H.15 immediately shorter than and one yield corresponding to the Treasury constant maturity on H.15 immediately

longer than the Remaining Life – and shall interpolate to the Par Call Date on a straight-line basis (using the actual number of

days) using such yields and rounding the result to three decimal places; or (3) if there is no such Treasury constant maturity on

H.15 shorter than or longer than the Remaining Life, the yield for the single Treasury constant maturity on H.15 closest to the Remaining

Life. For purposes of this paragraph, the applicable Treasury constant maturity or maturities on H.15 shall be deemed to have a maturity

date equal to the relevant number of months or years, as applicable, of such Treasury constant maturity from the redemption date.

on the third Business Day preceding the redemption date, H.15 TCM is no longer published, the Company shall calculate the Treasury Rate

based on the rate per annum equal to the semi-annual equivalent yield to maturity at 11:00 a.m., New

York City time, on the second Business Day preceding such redemption date of the United States Treasury security maturing on, or with

a maturity that is closest to, the Par Call Date, as applicable. If there is no United States Treasury security maturing on the Par Call

Date but there are two or more United States Treasury securities with a maturity date equally distant from the Par Call Date, one with

a maturity date preceding the Par Call Date and one with a maturity date following the Par Call Date, the Company shall select the United

States Treasury security with a maturity date preceding the Par Call Date. If there are two or more United States Treasury securities

maturing on the Par Call Date or two or more United States Treasury securities meeting the criteria of the preceding sentence, the Company

shall select from among these two or more United States Treasury securities the United States Treasury security that is trading closest

to par based upon the average of the bid and asked prices for such United States Treasury securities at 11:00 a.m., New York City time.

In determining the Treasury Rate in accordance with the terms of this paragraph, the semi-annual yield to maturity of the applicable United

States Treasury security shall be based upon the average of the bid and asked prices (expressed as a percentage of principal amount) at

11:00 a.m., New York City time, of such United States Treasury security, and rounded to three decimal places.

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7.             Special

Mandatory Redemption. If (a) the consummation of the Maverick Power Acquisition does not occur on or prior to November 20,

2026 (or such later date on or before February 19, 2027 as extended by the parties to the Purchase Agreement pursuant to the terms

and conditions set forth therein, the “outside date”), (b) the Company notifies the Trustee and the Holders of

the Securities that in its reasonable judgment the Maverick Power Acquisition will not be consummated on or prior to the outside date

or (c) the Purchase Agreement has been terminated without the consummation of the Maverick Power Acquisition (each of (a), (b) and

(c), a “Special Mandatory Redemption Trigger”), the Company will redeem all of the Securities then Outstanding

on the date of the special mandatory redemption (such redemption, the “Special Mandatory Redemption”) at a redemption

price equal to 101% of the principal amount of the Securities then Outstanding, plus accrued and unpaid interest, if any, to, but not

including, the Special Mandatory Redemption Date (as defined below) (the “Special Mandatory Redemption Price”).

In the event that the Company

becomes obligated to redeem the Securities pursuant to the Special Mandatory Redemption, the Company will promptly, and in any event not

more than two Business Days after the date on which a Special Mandatory Redemption Trigger occurred, deliver notice to the Trustee and

the Holders of the Securities of the Special Mandatory Redemption and the date upon which the Securities will be redeemed (the “Special

Mandatory Redemption Date”, which date shall be on or about the tenth Business Day following the date of such notice (or such

other minimum period as may be required by DTC)) together with a notice of a Special Mandatory Redemption for the Trustee to deliver to

each registered holder of Securities to be redeemed. At the Company’s written request, given at least one Business Day before such

notice is to be sent, the Trustee will then promptly mail or electronically deliver (or otherwise transmit in accordance with the Depositary’s

procedures), such notice of Special Mandatory Redemption to each registered holder of the Securities to be redeemed. Unless the Company

defaults in payment of the Special Mandatory Redemption Price, on and after such Special Mandatory Redemption Date, interest will cease

to accrue on the Securities to be redeemed.

Notwithstanding the foregoing,

installments of interest on the Securities that are due and payable on interest payment dates falling on or prior to the Special Mandatory

Redemption Date will be payable on such interest payment dates to the registered holders as of the close of business on the relevant record

dates in accordance with the Securities and the Indenture.

“Maverick Power Acquisition”

means the acquisition of all of the outstanding membership interests of Maverick Power, LLC by the Company, pursuant to the Purchase Agreement.

“Purchase Agreement”

means the Membership Interest Purchase Agreement, dated August 21, 2026, among the Company, Parent, Maverick Power, LLC and Maverick

Power Holdings, LLC, as the same may be amended, restated, supplemented, replaced or otherwise modified from time to time.

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8.             Change

of Control Triggering Event. If a Change of Control Triggering Event occurs with respect to this Security, unless the Company has

exercised its option to redeem this Security, it shall be required to make an offer to the holder of this Security to repurchase, at such

holder’s election, all or any part (equal to $2,000 or an integral multiple of $1,000 in excess thereof) of such holder’s

Security on the terms set forth in the Indenture, in cash equal to 101% of the aggregate principal amount of this Security to be repurchased,

plus accrued and unpaid interest, if any, on such Security to be repurchased to, but excluding, the date of repurchase (a “Change

of Control Payment”). Within 30 days following any Change of Control Triggering Event, or at the Company’s option, prior

to any Change of Control with respect to this Security, but after public announcement of the transaction that constitutes or may constitute

the Change of Control, a notice shall be sent to the Trustee and to each Securityholder describing in reasonable detail the transaction

that constitutes or may constitute the Change of Control Triggering Event and offering to repurchase this Security on the date specified

in the notice, which date shall, except as described in the immediately following sentence, be no earlier than 30 and no later than 60

days from the date such notice is sent (or in the case of a notice prior to the consummation of the Change of Control Triggering Event,

no earlier than 30 nor later than 60 days from the Change of Control Triggering Event) other than as may be required by law (a “Change

of Control Payment Date”). The notice shall, if sent prior to the date of consummation of the Change of Control, state that

the offer to purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the Change of Control Payment

Date. If the Change of Control Payment Date falls on a day that is not a Business Day, the related payment of the Change of Control Payment

will be made on the next Business Day as if it were made on the date such payment was due, and no interest will accrue on the amounts

so payable for the period from and after such date to the next Business Day.

9.             Denominations,

Transfer, Exchange. The Securities are in registered form without coupons in the denominations of $2,000 or any integral multiple

of $1,000 in excess thereof. The transfer of Securities may be registered and Securities may be exchanged as provided in the Indenture.

The Securities may be presented for exchange or for registration of transfer (duly endorsed or with the form of transfer endorsed thereon

duly executed if so required by the Company or the Security Registrar) at the office of the Security Registrar or at the office of any

transfer agent designated by the Company for such purpose. No service charge shall be made for any registration of transfer or exchange,

but a Securityholder may be required to pay any applicable taxes or other governmental charges. If the Securities are to be redeemed,

the Company shall not be required to: (i) issue, register the transfer of, or exchange any Security during a period beginning at

the opening of business 15 days before the day a notice of redemption is sent of less than all of the Outstanding Securities of the same

series and ending at the close of business on the day such notice of redemption is sent; (ii) register the transfer of or exchange

any Security of any series or portions thereof selected for redemption, in whole or in part, except the unredeemed portion of any such

Security being redeemed in part; nor (iii) register the transfer of or exchange a Security of any series between the applicable regular

record date and the next succeeding Interest Payment Date.

10.            Persons

Deemed Owners. The registered Securityholder may be treated as its owner for all purposes.

11.            Repayment

to the Guarantors or the Company. Any funds or Governmental Obligations deposited with any paying agent or the Trustee, or then held

by the Guarantors or the Company, in trust for payment of principal of, premium, if any, or interest on the Securities that are not applied

but remain unclaimed by the Securityholders for at least one year after the date upon which the principal of, premium, if any, or interest

on such Securities shall have respectively become due and payable, shall be repaid to Parent, nVent Finance or the Company, as applicable,

or (if then held by Parent, nVent Finance or the Company) shall be discharged from such trust. After return to the Company, Parent or

nVent Finance, Securityholders entitled to the money or securities must look to the Company, Parent or nVent Finance, as applicable, for

payment as unsecured general creditors.

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12.            Amendments,

Supplements and Waivers. The Base Indenture contains provisions permitting the Company, the Guarantors and the Trustee, with the consent

of the holders of not less than a majority in aggregate principal amount of the securities of each series at the time Outstanding affected

by such supplemental indenture or indentures to enter into supplemental indentures for the purpose of adding, changing or eliminating

any provisions of the Base Indenture or any supplemental indenture or of modifying in any manner not covered elsewhere in the Base Indenture

the rights of the holders of the securities of such series; provided, however, that no such supplemental indenture, without the consent

of the holders of each security then Outstanding and affected thereby, shall: (i) extend a fixed maturity of or any installment of

principal of any securities of any series or reduce the principal amount thereof, or reduce the amount of principal of any original issue

discount security that would be due and payable upon declaration of acceleration of the maturity thereof; (ii) reduce the rate of

or extend the time for payment of interest on any security of any series; (iii) reduce the premium payable upon the redemption of

any security; (iv) make any security payable in Currency other than that stated in the security; (v) impair the right to institute

suit for the enforcement of any payment on or after the fixed maturity thereof (or in the case of redemption, on or after the redemption

date); (vi) reduce the aforesaid percentage of securities, the holders of which are required to consent to any such supplemental

indenture or indentures. In addition, without the consent of the Holder of each Security so affected, no supplemental indenture may reduce

any premium payable on the redemption of the Securities or change the time at which the Securities may or must be redeemed or alter or

waive any of the provisions with respect to the redemption of the Securities pursuant to Section 7 of this Security.

The Base Indenture also contains

provisions permitting the holders of not less than a majority in aggregate principal amount of the Outstanding securities of each series

affected thereby, on behalf of all of the holders of the securities of such series, to waive any past default under the Base Indenture,

and its consequences, except a default in the payment of the principal of, premium, if any, or interest on, any of the securities of such

series as and when the same shall become due by the terms of such securities.

Any such consent or waiver

by the registered Securityholder shall be conclusive and binding upon such Securityholder and upon all future Securityholders and owners

of this Security and of any Security issued in exchange for this Security or in place hereof (whether by registration of transfer or otherwise),

irrespective of whether or not any notation of such consent or waiver is made upon this Security.

13.            Defaults

and Remedies. If an Event of Default with respect to the securities of a series issued pursuant to the Base Indenture occurs and is

continuing, the Trustee at the written request of the holders or the holders of at least 25% in aggregate principal amount of the securities

of such series then Outstanding, by notice in writing to the Company and the Guarantors (and to the Trustee if notice is given by such

holders), may declare the unpaid principal of, premium, if any, and accrued interest, if any, due and payable immediately. Subject to

the terms of the Indenture, if an Event of Default under the Indenture shall occur and be continuing, the Trustee shall be under no obligation

to exercise any of its rights or powers under the Indenture at the request or direction of any of the holders, unless such holders have

offered the Trustee indemnity satisfactory to it. Upon satisfaction of certain conditions set forth in the Indenture, the holders of a

majority in principal amount of the Outstanding securities of a series issued pursuant to the Base Indenture 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.

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14.            Trustee,

Paying Agent and Security Registrar May Hold Securities. The Trustee, subject to certain limitations imposed by the TIA, or any

paying agent or Security Registrar, in its individual or any other capacity, may become the owner or pledgee of Securities with the same

rights it would have if it were not Trustee, paying agent or Security Registrar.

15.            No

Recourse Against Others. No recourse under or upon any obligation, covenant or agreement of the Indenture, or of any Security, or

for any claim based thereon or otherwise in respect hereof or thereof, shall be had against any incorporator, stockholder, officer or

director, past, present or future as such, of Parent, nVent Finance or the Company or of any predecessor or successor Person, either directly

or through Parent, nVent Finance or the Company or any such predecessor or successor Person, whether by virtue of any constitution, statute

or rule of law, or by the enforcement of any assessment or penalty or otherwise; it being expressly understood that the Indenture

and the obligations issued hereunder and thereunder are solely corporate obligations, and that no such personal liability whatever shall

attach to, or is or shall be incurred by, the incorporators, organizers, shareholders, partners, members, officers, directors, managers

or agents as such, of Parent, nVent Finance or the Company or of any predecessor or successor Person, or any of them, because of the creation

of the indebtedness authorized by the Indenture, or under or by reason of the obligations, covenants or agreements contained in the Indenture

or in the Securities or implied therefrom; and that any and all such personal liability of every name and nature, either at common law

or in equity or by constitution or statute, of, and any and all such rights and claims against, every such incorporator, organizer, shareholder,

partner, member, officer, director, manager or agent as such, because of the creation of the indebtedness authorized by the Indenture,

or under or by reason of the obligations, covenants or agreements contained in the Indenture or in the Securities or implied therefrom,

are hereby expressly waived and released as a condition of, and as a consideration for, the acceptance of the Securities.

16.            Discharge

of Indenture. The Indenture contains certain provisions pertaining to defeasance and discharge, which provisions shall for all purposes

have the same effect as if set forth herein.

17.            Authentication.

This Security shall not be valid until the Trustee signs the certificate of authentication attached to the other side of this Security.

A-14

18.            Guarantees.

All payments by the Company under the Indenture and this Security are fully and unconditionally and jointly and severally guaranteed to

the Securityholder by the Guarantors, as provided in the related Guarantees and the Indenture.

19.            Additional

Amounts. The Company and the Guarantors are obligated to pay Additional Amounts on this Security to the extent provided in Article XIV

of the Indenture.

20.            Abbreviations.

Customary abbreviations may be used in the name of a Securityholder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (=

tenants by the entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and

U/G/M/A (= Uniform Gifts to Minors Act).

21.            Governing

Law. The Base Indenture, the First Supplemental Indenture and this Security (and the Guarantee hereon) shall be deemed to be a contract

made under the internal laws of the State of New York, and for all purposes shall be construed in accordance with the laws of said State

without regard to conflicts of laws principles (except for Sections 5-1401 and 5-1402 of the New York General Obligations Law) that would

require the application of any other law. The Base Indenture, the First Supplemental Indenture and this Security (and the Guarantee hereon)

are subject to the provisions of the TIA that are required to be part of the Base Indenture, the First Supplemental Indenture and this

Security (and the Guarantee hereon) and shall, to the extent applicable, be governed by such provisions.

A-15

ASSIGNMENT FORM

To assign this Security, fill

in the form below: (I) or (we) assign and transfer this Security to

(Insert assignee’s soc. sec. or tax I.D.

no.)

(Print or type assignee’s name, address and

zip code)

and irrevocably appoint_______________________________________________________________

agent to transfer this Security on the books of the Company. The agent may substitute another to act for him.

Date:

Your Signature:

(Sign exactly as your name appears on the face of this Security)

Signature Guarantee:

A-16

ELECTION FORM

TO BE COMPLETED ONLY IF THE SECURITYHOLDER

ELECTS TO ACCEPT THE CHANGE OF CONTROL OFFER

The undersigned hereby irrevocably

requests and instructs the Company to repurchase the within Security (or the portion thereof specified below), pursuant to its terms,

on the Change of Control Payment Date specified in the Change of Control Offer, for the Change of Control Payment specified in the within

Security, to the undersigned,                                                                                                                                  ,

at ___________________________________

(please print or typewrite name, address and telephone number of the undersigned).

For this election to accept

the Change of Control Offer to be effective, the undersigned must (A) deliver, to the address of the paying agent set forth below

or at such other place or places of which the Company shall from time to time notify the Securityholder, either (i) the Security

with this “Election Form” duly completed, or (ii) a telegram, telex, facsimile transmission or a letter from a member

of a national securities exchange or the Financial Industry Regulatory Authority, Inc. or a commercial bank or a trust company in

the United States setting forth (a) the name of the Securityholder, (b) the principal amount of the Security, (c) the principal

amount of the Security to be repurchased, (d) the certificate number or description of the tenor and terms of the Security, (e) a

statement that the option to elect repurchase is being exercised, and (f) a guarantee stating that the Security to be repurchased,

together with this “Election Form” duly completed, will be received by the paying agent at least five Business Days prior

to the Change of Control Payment Date or (B) otherwise comply with alternative instructions in accordance with the procedures of

the depositary. The address of the paying agent is 60 Livingston Avenue, EP-MN-WS3C, Attention: Paying Agent – nVent, St. Paul,

MN 55107.

If less than the entire principal

amount of the within Security is to be repurchased, specify the portion thereof (which principal amount must be $2,000 or an integral

multiple of $1,000 in excess thereof; provided that any remaining principal amount shall be at least the minimum authorized denomination

thereof) which the Securityholder elects to have repurchased: $                       .

Securityholder:

By:

Name:

Title:

A-17

EX-5.1 — EXHIBIT 5.1

EX-5.1

Filename: tm2626249d1_ex5-1.htm · Sequence: 4

Exhibit 5.1

777 E Wisconsin Ave

Milwaukee, WI 53202-5306

414.271.2400 TEL

414.297.4900 FAX

foley.com

September 29, 2026

nVent Electric plc

The Mille, 1000 Great West Road, 8th

Floor (East)

London, TW8 9DW

United Kingdom

Hoffman Schroff Holdings, Inc.

1665 Utica Avenue, Suite 700

St. Louis Park, Minnesota 55416

nVent Finance S.à r.l.

26, boulevard Royal

L-2449 Luxembourg

Grand Duchy of Luxembourg

Ladies and Gentlemen:

We have acted as counsel for

Hoffman Schroff Holdings, Inc., a Delaware corporation (the “Issuer”), nVent Electric plc, an Irish public limited company

(“nVent”), and nVent Finance S.à r.l., a Luxembourg private limited liability company (société à

responsabilité limitée) (together with nVent, the “Guarantors”), in connection with the preparation of a

Registration Statement on Form S-3 (Registration No. 333-293530, 333-293530-01 and 333-293530-02) (the “Registration Statement”), including the prospectus

constituting a part thereof, dated February 17, 2026 and the final supplement to the prospectus, dated September 15, 2026 (collectively,

the “Prospectus”), filed by the Issuer and the Guarantors with the Securities and Exchange Commission (the “SEC”)

under the Securities Act of 1933, as amended (the “Securities Act”), relating to the issuance and sale by the Issuer in the

manner set forth in the Registration Statement and the Prospectus of $800,000,000 aggregate principal amount of the Issuer’s 6.150%

Senior Notes due 2036 (the “Notes”). The Notes are fully and unconditionally and jointly and severally guaranteed as to the

due and punctual payment of the principal of, premium, if any, and interest and any additional amounts, if any, on the Notes when and

as the same shall become due and payable, whether at maturity, upon redemption or otherwise, by the Guarantors (the “Guarantees”).

The Notes will be issued under the Indenture, dated September 29, 2026 (the “Base Indenture”), among the Issuer, the

Guarantors and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), and the First Supplemental Indenture,

dated September 29, 2026 (the “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”),

among the Issuer, the Guarantors and the Trustee.

In connection with our opinion,

we have examined: (i) the Registration Statement, including the Prospectus, and the exhibits (including those incorporated by reference)

constituting a part of the Registration Statement; (ii) the Indenture; (iii) the forms of the Notes and the Guarantees; and

(iv) such other proceedings, documents and records as we have deemed necessary to enable us to render this opinion.

AUSTIN | BOSTON

MADISON | MEXICO CITY | MIAMI | MILWAUKEE | NASHVILLE

| WASHINGTON, D.C.

nVent Electric plc

Hoffman Schroff Holdings, Inc.

nVent Finance S.à r.l.

September 29, 2026

Page 2

In our examination of the above-referenced

documents, we have assumed the genuineness of all signatures, the authenticity of all documents, certificates and instruments submitted

to us as originals and the conformity with the originals of all documents submitted to us as copies. We have also assumed that (i) the

Trustee is duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and is duly qualified

to engage in the activities contemplated by the Indenture; (ii) the Indenture has been duly authorized, executed and delivered by,

and represents the valid and binding obligation of, the Trustee, enforceable against the Trustee in accordance with its terms, (iii) the

Guarantors are validly existing with power and authority to execute and deliver the Indenture and the Guarantees; (iv) the Indenture

and the Guarantees are duly authorized, executed and delivered by the Guarantors in accordance with Irish law and Luxembourg law, as applicable;

and (v) the Notes and the Guarantees have been duly authenticated by the Trustee in accordance with the Indenture.

Based upon and subject to the

foregoing and the other matters set forth herein, and having regard for such legal considerations as we deem relevant, we are of the opinion

that:

The

Notes are legally issued and valid and binding obligations of the Issuer, enforceable against the Issuer in accordance with their terms.

The

Guarantees are legally issued and valid and binding obligations of the Guarantors, enforceable against the Guarantors in accordance with

their terms.

The opinions above are each

subject to (i) the effect of any bankruptcy, insolvency, reorganization, moratorium, arrangement or similar laws affecting the rights

and remedies of creditors’ generally, including without limitation the effect of statutory or other laws regarding fraudulent transfers

or preferential transfers and (ii) general principles of equity, including without limitation concepts of materiality, reasonableness,

good faith and fair dealing and the possible unavailability of specific performance, injunctive relief or other equitable remedies regardless

of whether enforceability is considered in a proceeding in equity or at law.

We express no opinion as to

the laws of any jurisdiction other than the laws of the State of New York, the provisions of the Delaware General Corporation Law and

the federal laws of the United States. We are not qualified to practice law in the State of Delaware.

nVent Electric plc

Hoffman Schroff Holdings, Inc.

nVent Finance S.à r.l.

September 29, 2026

Page 3

We hereby consent to the deemed

incorporation by reference of this opinion into the Registration Statement and the Prospectus and to the references to our firm therein.

In giving this consent, we do not admit that we are “experts” within the meaning of Section 11 of the Securities Act

or within the category of persons whose consent is required by Section 7 of the Securities Act.

Very truly yours,

/s/ Foley & Lardner LLP

EX-5.2 — EXHIBIT 5.2

EX-5.2

Filename: tm2626249d1_ex5-2.htm · Sequence: 5

Exhibit 5.2

nVent Finance S.à r.l.

26, boulevard Royal

L-2449 Luxembourg

(the Addressee)

Allen Overy Shearman Sterling SCS

société en commandite simple, inscrite au barreau de

Luxembourg

5 avenue J.F. Kennedy L-1855 Luxembourg

Boîte postale 5017 L-1050 Luxembourg

Tel                  +352 4444 55 1

Fax                  +352 4444 222

frank.mausen@aoshearman.com

Our ref 0137885-0000008 UKEU_AOSHEARMAN: 130006670928.6

Luxembourg, 29 September 2026

Legal opinion – nVent Finance S.à r.l. –

Registration statement on form S-3

1. We have acted as legal advisers in the Grand Duchy of Luxembourg (Luxembourg) to nVent Finance

S.à r.l., a private limited liability company (société à responsabilité limitée),

having its registered office at 26, boulevard Royal, L-2449 Luxembourg and registered with the Luxembourg trade and companies register

(Registre de commerce et des sociétés, Luxembourg) (the Register) under number B219846 (the Company).

This legal opinion is issued in connection

with the preparation of a Registration Statement on Form S-3 (Registration No. 333-293530, 333-293530-01 and 333-293530-02)

(the Registration Statement), including the prospectus constituting a part thereof, dated 17 February 2026 and the final

supplement to the prospectus, dated 15 September 2026 (the Prospectus), filed by Hoffman Schroff Holdings, Inc., a Delaware

corporation (the Issuer), the Company and nVent Electric plc, an Irish public limited company (the Irish Guarantor and,

together with the Company, the Guarantors) with the Securities and Exchange Commission (the SEC) under the Securities Act

of 1933, as amended (the Securities Act), relating to the issuance and sale by Issuer in the manner set forth in the Registration

Statement and the Prospectus of USD 800,000,000 aggregate principal amount of the Company’s 6.150% Senior Notes due 2036 (the Notes).

The Notes are fully and unconditionally and jointly and severally guaranteed as to the due and punctual payment of the principal of,

premium, if any, and interest and any additional amounts, if any, on the Notes when and as the same shall become due and payable, whether

at maturity, upon redemption or otherwise, by the Guarantors (the Guarantees). The Notes will be issued pursuant to an indenture

dated 29 September 2026 (the Base Indenture), and made between, among others, the Issuer, the Company, the Irish Guarantor

and U.S. Bank Trust Company, National Association, as trustee, as amended by a supplemental indenture dated 29 September 2026 (the

Supplemental Indenture and, together with the Base Indenture, the Indenture).

2. DOCUMENTS

We have examined, to the exclusion of any other

document, copies of the documents listed below:

2.1 an electronic copy of the restated articles of association (statuts coordonnés) of the Company

in a version dated 28 March 2023 (the Articles);

2.2 an electronic copy of a certificate of non-inscription of a judicial decision or of administrative dissolution

without liquidation (certificat de non inscription d’une décision judiciaire ou de dissolution administrative sans liquidation)

issued by the Register in respect of the Company dated 29 September 2026 stating that on the day immediately prior to the date of

issuance of the certificate, there were no records at the Register of any order or decision regarding, amongst others, a (i) bankruptcy

adjudication against the Company, (ii) reprieve from payment (sursis de paiement), or (iii) administrative dissolution

without liquidation (dissolution administrative sans liquidation) (the Certificate);

Allen

Overy Shearman Sterling SCS, a société en commandite simple, is an affiliated office of Allen Overy Shearman Sterling

LLP. Allen Overy Shearman Sterling LLP or an affiliated undertaking has an office in each of: Abu Dhabi, Amsterdam, Antwerp, Austin,

Bangkok, Beijing, Belfast, Boston, Bratislava, Brussels, Budapest, Casablanca, Dallas, Dubai, Dublin, Düsseldorf, Frankfurt,

Hamburg, Hanoi, Ho Chi Minh City, Hong Kong, Houston, Istanbul, Jakarta (associated office), Johannesburg, London, Los Angeles,

Luxembourg, Madrid, Menlo Park, Milan, Munich, New York, Paris, Perth, Prague, Riyadh, Rome, San Francisco, São Paulo, Seoul,

Shanghai, Silicon Valley, Singapore, Sydney, Tokyo, Toronto, Warsaw, Washington, D.C.

2.3 an e-mailed scanned copy of the resolutions taken by the board of managers of the Company on 11 September 2026

(the Resolutions);

2.4 an electronic copy of the Registration Statement, including the Prospectus;

2.5 an e-mailed scanned signed copy of the Indenture; and

2.6 an e-mailed scanned signed copy of the global notes representing the Notes, including the guarantees thereof,

dated 29 September 2026.

The documents listed in paragraphs 2.5 and 2.6

above are herein referred to as the Opinion Documents. The term "Opinion Documents" includes, for the purposes of paragraphs

3. and 5. below, any document in connection therewith.

Unless otherwise provided herein, terms and expressions

shall have the meaning ascribed to them in the Opinion Documents.

3. Assumptions

In giving this legal opinion, we have assumed

with your consent, and we have not verified independently:

3.1 the genuineness of all signatures (whether handwritten or electronic), stamps and seals, the completeness

and conformity to the originals of all the documents submitted to us as certified, photostatic, faxed, scanned or e-mailed copies or specimens

and the authenticity of the originals of such documents and that the individuals purported to have signed, have in fact signed (and had

the general legal capacity to sign) these documents;

3.2 the due authorisation, entry into, execution and delivery of the Opinion Documents (as the case may be)

by all the parties thereto (other than the Company) as well as the capacity, power, authority and legal right of all the parties thereto

(other than the Company) to enter into, execute, deliver and perform their respective obligations thereunder, and the compliance with

all internal authorisation procedures by each party (other than the Company) for the execution by it of the Opinion Documents to which

it is expressed to be a party;

3.3 that all factual matters and statements relied upon or assumed herein were, are and will be (as the case

may be) true, complete and accurate on the date of execution of the Opinion Documents;

3.4 that all authorisations, approvals and consents under any applicable law (other than Luxembourg law to

the extent opined upon herein) which may be required in connection with the entry into, execution, delivery and performance of the Indenture

and the issue of the Notes have been or will be obtained;

3.5 the due compliance with all matters (including without limitation, the obtaining of necessary consents

and approvals and the making of necessary filings and registrations) required in connection with the Indenture and the Notes to render

them enforceable in all relevant jurisdictions (other than Luxembourg to the extent opined upon herein);

3.6 that the place of the central administration (siège de l'administration centrale), the principal

place of business (principal établissement) and the centre of main interests (within the meaning given to such term in Regulation

(EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast), as amended (the European

Insolvency Regulation)) of the Company are located at the place of its registered office (siège statutaire) in Luxembourg

and that the Company has no establishment (as such term is defined in the European Insolvency Regulation) outside Luxembourg;

3.7 that the Opinion Documents have been or are entered into and performed by the parties thereto in good

faith and that there are no provisions of the laws of any jurisdiction outside Luxembourg which would adversely affect, or otherwise have

any negative impact on, the opinions expressed in this legal opinion;

3.8 that all the parties to the Indenture (other than the Company) are companies duly organised, incorporated

and existing in accordance with the laws of the jurisdiction of their respective incorporation and/or their registered office and/or the

place of effective management, having a corporate existence; that in respect of all the parties to the Indenture (other than the Company),

no steps have been taken pursuant to any insolvency, bankruptcy, liquidation or equivalent or analogous proceedings to appoint an administrator,

bankruptcy receiver, insolvency officer or liquidator over the respective parties or their assets and that no voluntary, judicial or administrative

winding-up or liquidation of such parties has been resolved or become effective at the date hereof;

3.9 that all managers signed the Resolutions, that the Resolutions have not been amended, rescinded, revoked

or declared void and that all information and statements set forth in the Resolutions are true, accurate and complete;

3.10 that the Resolutions will remain in full force and effect and will not have been amended, rescinded, revoked

or declared void as long as Notes are being issued by the Company;

3.11 that the Opinion Documents are legally valid, binding and enforceable under their governing laws (other

than Luxembourg law but only to the extent opined herein), that the choices of such governing laws and of the jurisdiction clauses are

valid (as a matter of such governing law and all other applicable laws (other than Luxembourg law to the extent opined upon herein)) as

the choice of the governing law and the submission to the jurisdiction of the chosen courts for the Opinion Documents;

3.12 the absence of any other arrangement by or between any of the parties to the Opinion Documents or between

the parties to the Opinion Documents and any third parties which modifies or supersedes any of the terms of the Opinion Documents or otherwise

affects the opinions expressed herein;

3.13 there is neither a vitiated consent (vice de consentement) by reason of mistake (erreur),

fraud (dol), duress (violence) or inadequacy (lésion), nor an illicit cause (cause illicite) in relation

to any Opinion Document;

3.14 that all agreed conditions to the effectiveness of the Opinion Documents have been or will be satisfied;

3.15 that the Articles have not been modified since the date referred to in paragraph 2.1 above;

3.16 that the entry into and performance of the Indenture and the issue of the Notes are for the corporate

benefit (intérêt social) of the Company; and

3.17 that any representation, warranty or statement of fact or law, other than as to the laws of Luxembourg,

made in each of the Opinion Documents is true, accurate and complete in all respects material to this legal opinion.

4. OpinionS

Based upon, and subject to, the assumptions made

above and the qualifications set out below and subject to any matters not disclosed to us, we are of the opinion that, under the laws

of Luxembourg in effect, as construed and applied by the Luxembourg courts in published Luxembourg court decisions, on the date hereof:

4.1 Status

The Company is a private limited liability

company (société à responsabilité limitée) formed for an unlimited duration and legally existing

under the laws of Luxembourg.

4.2 Power and authority

The Company has the corporate power

and authority to enter into and perform the obligations under the Opinion Documents (including, for the avoidance of doubt, the issuance

by the Company of its Guarantee (the Luxembourg Guarantee)).

4.3 Execution

The Opinion Documents have been duly

authorised, executed and delivered on behalf of the Company (including, for the avoidance of doubt, the Luxembourg Guarantee).

5. Qualifications

The above opinions are subject to the following

qualifications:

5.1 The opinions expressed herein are subject to, and may be affected or limited by, the provisions of any

applicable bankruptcy (faillite), insolvency, liquidation, reprieve from payment (sursis de paiement), reorganisation proceedings

(including without limitation judicial reorganisation (réorganisation judiciaire) and reorganisation by amicable agreement

(réorganisation par accord amiable)) or similar Luxembourg or foreign law proceedings or regimes affecting the rights of

creditors generally.

5.2 We express no tax opinion whatsoever in respect of the Company or the tax consequences of the transactions

contemplated by the Opinion Documents.

5.3 We express no opinion whatsoever on regulatory matters, on matters of fact, on data protection matters

or on matters other than those expressly set forth in this legal opinion, and no opinion is, or may be, implied or inferred therefrom.

5.4 We express no opinion whatsoever on the legal validity and enforceability of the Opinion Documents.

5.5 A search at the Register is not capable of conclusively revealing whether a (and the Certificate does

not constitute conclusive evidence that no) winding-up resolution, decision or petition, or an order adjudicating or declaring a, or a

petition or filing for, bankruptcy or reprieve from payment (sursis de paiement), judicial reorganisation (réorganisation

judiciaire) or judicial liquidation (liquidation judiciaire) or similar action has been adopted or made.

5.6 The corporate documents of, and relevant court orders affecting, a Luxembourg company (including, but

not limited to, the notice of a winding-up order or resolution, notice of the appointment of a receiver or similar officer) may not be

held at the Register immediately and there is generally a delay in the relevant document appearing on the files regarding the company

concerned. Furthermore, it cannot be ruled out that the required filing of documents has not occurred or that documents filed with the

Register may have been mislaid or lost. In accordance with Luxembourg company law, changes or amendments to corporate documents to be

filed at the Register will be effective (opposable) vis-à-vis third parties only as of the day of their publication in the

Official Gazette unless the company proves that the relevant third parties had prior knowledge thereof.

5.7 Punitive, treble or similar damages may not be enforceable in the Luxembourg courts.

6. This legal opinion is as of this date and we undertake no obligation to update it or advise of changes

hereafter occurring. We express no opinion as to any matters other than those expressly set forth herein, and no opinion is, or may be,

implied or inferred herefrom. We express no opinion on any economic, financial or statistical information (including formulas determining

payments to be made) contained in the Opinion Documents (or any document in connection therewith).

7. This legal opinion is given on the express basis, accepted by each person who is entitled to rely on it,

that this legal opinion and all rights, obligations or liability in relation to it are governed by, and shall be construed in accordance

with, Luxembourg law and that any action or claim in relation to it can be brought exclusively before the courts of Luxembourg.

8. Any Addressee who is entitled to, and does, rely on this legal opinion agrees, by so relying, that,

to the fullest extent permitted by law and regulation (and except in the case of wilful misconduct or fraud) there is no assumption

of personal duty of care by, and such person will not bring any claim against, any individual who is a partner of, member of,

employee of or consultant to Allen Overy Shearman Sterling, société en commandite simple, Allen Overy Shearman

Sterling LLP or any other member of the group of A&O Shearman undertakings and that such person will instead confine any claim

to Allen Overy Shearman Sterling, société en commandite simple, Allen Overy Shearman Sterling LLP or any other

member of the group of A&O Shearman undertakings (and for this purpose "claim" means (save only where law and

regulation applies otherwise) any claim, whether in contract, tort (including negligence), for breach of statutory duty, or

otherwise).

Luxembourg legal concepts are expressed

in English terms and not in their original French or German terms. The concepts concerned may not be identical to the concepts described

by the same English terms as they exist under the laws of other jurisdictions. It should be noted that there are always irreconcilable

differences between languages making it impossible to guarantee a totally accurate translation or interpretation. In particular, there

are always some legal concepts which exist in one jurisdiction and not in another, and in those cases it is bound to be difficult to provide

a completely satisfactory translation or interpretation because the vocabulary is missing from the language. We accept no responsibility

for omissions or inaccuracies to the extent that they are attributable to such factors.

This legal opinion is given to you in connection

with the registration of the Notes with the SEC. We hereby consent to the inclusion of this legal opinion as an exhibit to the Registration

Statement and the reference to our firm under the caption “Legal Matters” in the Prospectus which is filed as part of the

Registration Statement. In giving this consent, we do not thereby admit that we are in a category of person whose consent is required

under Section 7 of the Securities Act.

Yours faithfully,

/s/ Frank Mausen

Allen Overy Shearman Sterling

Frank Mausen*

Partner

Avocat à la Cour

* This document is signed on behalf of Allen Overy Shearman Sterling, a société en commandite simple, registered on list

V of the Luxembourg bar. The individual signing this document is a qualified lawyer representing this entity.

EX-5.3 — EXHIBIT 5.3

EX-5.3

Filename: tm2626249d1_ex5-3.htm · Sequence: 6

Exhibit 5.3

Our Reference: CMcL/NV003/014

29 September 2026

To: Board of Directors

nVent Electric plc

Ten Earlsfort Terrace

Dublin 2

D02 T380

Ireland

Re: nVent Electric plc (the “Company”) incorporated in Ireland under registered number 605257

Dear Sirs,

1. Basis of Opinion

1.1 We are acting as Irish counsel to nVent Electric plc, registered number 605257, a public company

limited by shares, incorporated under the laws of Ireland, with its registered office at 10 Earlsfort Terrace, Dublin 2 (the

“Company”), in connection with the registration statement on Form S-3 (File No. 333-293530, 333-293530-01 and 333-293530-02) (the

“Registration Statement”) including the prospectus constituting a part thereof dated 17 February 2026 and

the final supplement to the prospectus dated 15 September 2026 (collectively, the “Prospectus”), filed by

Hoffman Schroff Holdings, Inc. (the “Issuer”), nVent Finance S.à r.l. (“nVent

Finance”) and the Company with the United States Securities and Exchange Commission (the “SEC”) under

the Securities Act of 1933, as amended (the “Securities Act”), relating to the issuance and sale by the Issuer in

the manner set forth in the Registration Statement and the Prospectus of US$800,000,000 aggregate principal amount of the

Issuer’s 6.150% Senior Notes due 2036 (the “Notes”). The Notes are fully and unconditionally and jointly

and severally guaranteed as to the due and punctual payment of the principal of, premium, if any, and interest and any additional

amounts, if any, on the Notes when and as the same shall become due and payable, whether at maturity, upon redemption, by

acceleration or otherwise, by the Company and nVent Finance (the “Guarantees”). The Notes will be issued under

the indenture (governed by New York law) dated 29 September 2026 (the “Base Indenture”) among the Issuer,

the Company (as Irish guarantor), nVent Finance (as Luxembourg guarantor) and U.S. Bank Trust Company, National Association, as

trustee (the “Trustee”), as supplemented by a supplemental indenture (governed by New York law) dated 29

September 2026 (the “Supplemental Indenture” and, together with the Base Indenture, the

“Indenture”). This Opinion is confined to and given in all respects on the basis of the laws of Ireland in force

as at the date of this Opinion as currently applied by the courts of Ireland. We have made no investigations of and we express no

opinion as to the laws of any other jurisdiction or the effect thereof. In particular, we express no opinion on the laws of the

European Union as they affect any jurisdiction other than Ireland. We have assumed without investigation that insofar as the laws of

any jurisdiction other than Ireland are relevant, such laws do not prohibit and are not inconsistent with any of the obligations or

rights expressed in the Documents (as defined in paragraph 1.2) or the transactions contemplated thereby.

Page 2

1.2 This Opinion is also strictly confined to:

(a) the matters expressly stated herein at paragraph 2 below and is not to be read as extending by implication

or otherwise to any other matter;

(b) the documents listed in the Schedule to this Opinion (the “Documents”); and

We express no opinion, and make no representation

or warranty, as to any matter of fact or in respect of any documents, which may exist in relation to the Guarantees, other than the Documents.

1.3 In giving this opinion, we have relied upon the Corporate Certificate (as defined in the Schedule to this

Opinion), the Searches (as defined below) and we give this opinion expressly on the terms that no further investigation or diligence in

respect of any matter referred to in the Corporate Certificate or the Searches is required of us.

1.4 For the purpose of giving this Opinion, we have examined copies sent to us by email in pdf or other electronic

format of the Documents.

1.5 For the purpose of giving this Opinion, we have caused to be made the following legal searches against

the Company on 28 September 2026 (together the “Searches”):

(a) on the file of the Company maintained at the companies registration office in Dublin (“CRO”)

for returns of allotments, special resolutions amending the memorandum and articles of association of the Company, mortgages, debentures

or similar charges or notices thereof, notice of the appointment of directors and secretary of the Company and for the appointment of

any receiver, examiner or liquidator;

(b) in the Judgments Office of the High Court for unsatisfied judgments, orders, decrees and the like for

the five years immediately preceding the date of the search; and

the Company in the last two years.

1.6 This Opinion is governed by and is to be construed in accordance with the laws of Ireland as interpreted

by the courts of Ireland at the date hereof. This Opinion speaks only as of its date.

Page 3

2. Opinion

Subject to the assumptions and qualifications

set out in this Opinion and to any matters not disclosed to us, we are of the opinion that:

2.1 The Company is a public company limited by shares, is duly incorporated and validly existing under the

laws of Ireland and has the requisite corporate power and authority to execute and deliver the Indenture and the Guarantees.

2.2 The Company has duly authorized and executed the Indenture and the Guarantees.

3. Assumptions

For the purpose of giving this Opinion,

we assume the following without any responsibility on our part if any assumption proves to have been untrue as we have not verified independently

any assumption:

Authenticity and bona fides

3.1 the completeness and authenticity of all documents submitted to us as originals or copies of originals

and (in the case of copies) conformity to the originals of copy documents and the genuineness of all signatures (electronic or otherwise),

stamps and seals thereon;

3.2 where incomplete Documents have been submitted to us or signature pages only have been supplied to

us for the purposes of issuing this Opinion, that the originals of such Documents correspond in all respects with the last draft of the

complete Documents submitted to us;

3.3 that the Documents have been executed in a form and content having no material difference to the drafts

provided to us, have been delivered by the parties thereto, and are not subject to any escrow arrangements;

3.4 that the copies produced to us of minutes of meetings and/or of resolutions (whether signed or unsigned)

correctly record the proceedings at such meetings and/or the subject matter which they purport to record and that any meetings referred

to in such copies were duly convened, duly quorate and held, that those present at any such meetings were entitled to attend and vote

at the meeting and acted bona fide throughout and that no further resolutions have been passed or other action taken which would or might

alter the effectiveness thereof;

3.5 that each of the Documents is up-to-date and current and has not been amended, varied or terminated in

any respect and no resolution contained in any of the Documents has been amended, varied, revoked or superseded in any respect;

3.6 the absence of fraud, coercion, duress or undue influence and lack of bad faith on the part of the parties

to the Indenture and their respective officers, employees, agents and (with the exception of Arthur Cox LLP) advisers;

3.7 that the constitution of the Company amended on 30 April 2018 (the “Constitution”)

is the current Constitution, is up to date and has not been amended or superseded;

Page 4

Accuracy of searches and warranties

3.8 the accuracy and completeness of the information disclosed in the Searches and that such information is

accurate as of the date of this Opinion and has not since the time of such search or enquiry been altered. It should be noted that: (a) the

matters disclosed in the Searches may not present a complete summary of the actual position on the matters we have caused searches to

be conducted for; (b) the position reflected by the Searches may not be fully up-to-date; and (c) searches at the CRO do not

necessarily reveal whether or not a prior charge has been created or a resolution has been passed or a petition presented or any other

action taken for the winding-up of, or the appointment of a receiver or an examiner to, the Company or its assets;

3.9 there has been no alteration in the status or condition of the Company as disclosed by the Searches;

3.10 the truth, completeness and accuracy of all representations and statements as to factual matters contained

in the Documents;

Solvency and Insolvency

3.11 that: (i) the Company is as at the date of this Opinion able to pay its debts as they fall due within

the meaning of sections 509(3) and 570 of the Companies Act 2014 of Ireland or any replacement or substituting Irish legislation

(the “Companies Act”) or any analogous provision under any applicable laws immediately after the execution and delivery

of the Documents; (ii) the Company will not, as a consequence of doing any act or thing which any Document contemplates, permits

or requires the relevant party to do, be unable to pay its debts within the meaning of such sections or any analogous provisions under

any applicable laws; (iii) no liquidator, receiver or examiner or other similar or analogous officer has been appointed in relation

to the Company or any “related company” (within the meaning of section 2 of the Companies Act, “Related Company”)

or any of its or their assets or undertaking; (iv) no petition for the making of a winding-up order or the appointment of an examiner

or any similar officer or any analogous procedure has been presented in relation to the Company or any Related Company; and (v) no

insolvency proceedings have been opened or been requested to be opened in relation to the Company or any Related Company in Ireland or

elsewhere;

Commercial Benefit

3.12 that the Documents have been entered into for bona fide commercial purposes, on arm’s length terms

and for the benefit of each party thereto and are in those parties’ respective commercial interest and for their respective corporate

benefit.

Foreign Laws

3.13 That as a matter of all relevant laws (other than the laws of Ireland):

(a) all consents, approvals, notices, filings, recordations, publications, registrations and other steps necessary

or desirable to permit the execution, delivery (where relevant) and performance of the Documents or to perfect, protect or preserve any

of the interests created by the Documents have been obtained, made or done, or will be obtained, made or done, within any relevant time

period(s);

Page 5

(b) where the Documents have been executed using electronic signatures, the use of electronic signatures to

execute those types of documents is not restricted or prohibited by those laws; and

and, where relevant, delivery of the Documents, effective.

4. Disclosure

This Opinion is addressed to you in

connection with the registration of the Guarantees with the SEC. We hereby consent to the inclusion of this Opinion as an exhibit to the

Registration Statement and the reference to our firm under the caption “Legal Matters” in the prospectus which is filed as

part of the Registration Statement. In giving this consent, we do not thereby admit that we are in a category of person whose consent

is required under section 7 of the Securities Act.

5. No Refresher

This Opinion speaks only as of its date.

We are not under any obligation to update this Opinion from time to time or to notify you of any change of law, fact or circumstances

referred to or relied upon in the giving of this Opinion.

Yours faithfully,

/s/ Arthur Cox LLP

ARTHUR COX LLP

Page 6

SCHEDULE

Documents

1. The Notes, the Guarantees and the Indenture

2. The Registration Statement

3. The Prospectus

4. A corporate certificate of the secretary of the Company dated the date of this opinion (the “Corporate

Certificate”) with copies of:

(a) the Company’s Certificate of Incorporation, Certificate of Incorporation on Change of Name; Certificate

of a Public Company Entitled to do Business and the Constitution; and

(b) resolutions of the (i) shareholder dated 30 April 2018 which approved, among other things, the

adoption of the Constitution, (ii) board of directors of the Company (the “Board”) passed on 16 February 2026

which approved, inter alia, the approval and filing of the Registration Statement and (iii) the Board passed on 27 July 2026

which approved the entry into and performance of the Transactions (as described and defined therein).

5. Letter of status in respect of the Company from the CRO dated 28 September 2026.

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