Exhibit 1.1
EXECUTION VERSION
AMAZON.COM, INC.
2.600% NOTES DUE 2019
3.300% NOTES DUE 2021
3.800% NOTES DUE 2024
4.800% NOTES DUE 2034
4.950% NOTES DUE 2044
UNDERWRITING AGREEMENT
December 2,
2014
December 2, 2014
To the Managers named in Schedule I hereto
for the Underwriters
named in Schedule II hereto
Ladies and Gentlemen:
Amazon.com, Inc., a Delaware corporation (the “
Company
”), proposes to issue and sell to the several underwriters named
in Schedule II hereto (the “
Underwriters
”), for whom you are acting as managers (the “
Managers
”), the principal amount of its debt securities identified in Schedule I hereto (the
“
Securities
”), to be issued under the indenture specified in Schedule I hereto (the “
Indenture
”) between the Company and the Trustee identified in such Schedule (the “
Trustee
”). If the firm or
firms listed in Schedule II hereto include only the Managers listed in Schedule I hereto, then the terms “Underwriters” and “Managers” as used herein shall each be deemed to refer to such firm or firms.
The Company has filed with the Securities and Exchange Commission (the “
Commission
”) a registration statement,
including a prospectus (the file number of which is set forth in Schedule I hereto) on
Form S-3,
relating to securities (the “
Shelf Securities
”), including the Securities, to be
issued from time to time by the Company. The registration statement as amended to the date of this Agreement, including the information (if any) deemed to be part of the registration statement at the time of effectiveness pursuant to Rule 430A
or Rule 430B under the Securities Act of 1933, as amended (the “
Securities Act
”), is hereinafter referred to as the “
Registration Statement
,” and the related prospectus covering the Shelf Securities dated
November 26, 2012 is hereinafter referred to as the “
Basic Prospectus
.” The Basic Prospectus, as supplemented by the prospectus supplement specifically relating to the Securities in the form first used to confirm sales of the
Securities (or in the form first made available to the Underwriters by the Company to meet requests of purchasers pursuant to Rule 173 under the Securities Act) is hereinafter referred to as the “
Prospectus
,” and the term
“
preliminary prospectus
” means any preliminary form of the Prospectus. For purposes of this Agreement, “
free writing prospectus
” has the meaning set forth in Rule 405 under the Securities Act and relating to the
offering of the Securities, “
Time of Sale Prospectus
” means the documents set forth opposite the caption “Time of Sale Prospectus” in Schedule I hereto, and “
broadly available road show
” means a “bona
fide electronic road show” as defined in Rule 433(h)(5) under the Securities Act that has been made available without restriction to any person. As used herein, the terms “Registration Statement,” “Basic Prospectus,”
“preliminary prospectus,” “Time of Sale Prospectus” and “Prospectus” shall include the documents, if any, incorporated by reference therein on the date hereof. The terms “
supplement
,”
“
amendment
,” and “
amend
” as used herein with respect to the Registration Statement, the Basic Prospectus, the Time of Sale Prospectus, any preliminary prospectus or the Prospectus shall include all documents
subsequently filed by the Company with the Commission pursuant to the Securities Exchange Act of 1934, as amended (the “
Exchange Act
”), that are deemed to be incorporated by reference therein.
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1.
Representations and Warranties
. The Company represents and warrants to and
agrees with each of the Underwriters that:
(a) The Registration Statement has become effective; no stop order
suspending the effectiveness of the Registration Statement is in effect, and no proceedings for such purpose are pending before or threatened by the Commission. If the Registration Statement is an automatic shelf registration statement as defined in
Rule 405 under the Securities Act, the Company is a well-known seasoned issuer (as defined in Rule 405 under the Securities Act) eligible to use the Registration Statement as an automatic shelf registration statement and the Company has not received
notice that the Commission objects to the use of the Registration Statement as an automatic shelf registration statement.
(b) (i) Each document, if any, filed or to be filed pursuant to the Exchange Act and incorporated by reference in the Time of
Sale Prospectus or the Prospectus complied or will comply when so filed in all material respects with the Exchange Act and the applicable rules and regulations of the Commission thereunder, (ii) each part of the Registration Statement, when
such part became effective, did not contain, and each such part, as amended or supplemented, if applicable, will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make
the statements therein not misleading, (iii) the Registration Statement as of the date hereof does not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein not misleading, (iv) the Registration Statement and the Prospectus comply, and as amended or supplemented, if applicable, will comply in all material respects with the Securities Act and the applicable rules and regulations
of the Commission thereunder, (v) the Time of Sale Prospectus does not, and at the time of each sale of the Securities in connection with the offering when the Prospectus is not yet available to prospective purchasers and at the Closing Date
(as defined in Section 4), the Time of Sale Prospectus, as then amended or supplemented by the Company, if applicable, will not, contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading, (vi) each broadly available road show, if any, when considered together with the Time of Sale Prospectus, does not contain any untrue statement of a material
fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading and (vii) the Prospectus does not contain and, as amended or supplemented, if
applicable, will not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading, except that the
representations and warranties set forth in this paragraph do not apply to (A) statements or omissions in the Registration Statement, the Time of Sale Prospectus or the Prospectus based upon information relating to any Underwriter furnished to
the Company in writing by such Underwriter through the Managers expressly for use therein or (B) that part of the Registration Statement that constitutes the Statement of Eligibility
(Form T-1)
under
the Trust Indenture Act of 1939, as amended (the “
Trust Indenture Act
”), of the Trustee.
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(c) The Company is not an “ineligible issuer” in connection with the
offering pursuant to Rules 164, 405 and 433 under the Securities Act. Any free writing prospectus that the Company is required to file pursuant to Rule 433(d) under the Securities Act has been, or will be, filed with the Commission in accordance
with the requirements of the Securities Act and the applicable rules and regulations of the Commission thereunder. Each free writing prospectus that the Company has filed, or is required to file, pursuant to Rule 433(d) under the Securities Act or
that was prepared by or on behalf of or used or referred to by the Company complies or will comply in all material respects with the requirements of the Securities Act and the applicable rules and regulations of the Commission thereunder. Except for
the free writing prospectuses, if any, identified in Schedule I hereto, and electronic road shows, if any, each furnished to you before first use, the Company has not prepared, used or referred to, and will not, without your prior consent, prepare,
use or refer to, any free writing prospectus.
(d) The Company has been duly incorporated, is validly existing as a
corporation in good standing under the laws of the State of Delaware, has the corporate power and authority to own its property and to conduct its business as described in the Time of Sale Prospectus and is duly qualified to transact business and is
in good standing in each jurisdiction in which the conduct of its business or its ownership or leasing of property requires such qualification, except to the extent that the failure to be so qualified or be in good standing would not have a material
adverse effect on the Company and its subsidiaries, taken as a whole (a “
Material Adverse Effect
”).
(e)
Each “significant subsidiary” of the Company, as such term is defined in Rule 1-02 of Regulation S-X (“
Significant Subsidiary
”), has been duly incorporated, is validly existing as a corporation in good standing under the
laws of the jurisdiction of its incorporation, has the corporate power and authority to own its property and to conduct its business as described in the Time of Sale Prospectus and is duly qualified to transact business and is in good standing in
each jurisdiction in which the conduct of its business or its ownership or leasing of property requires such qualification, except to the extent that the failure to be so qualified or be in good standing would not have a Material Adverse Effect; all
of the issued shares of capital stock of each Significant Subsidiary of the Company have been duly and validly authorized and issued, are fully paid and
non-assessable
and are directly or indirectly
wholly-owned by the Company, free and clear of all liens, encumbrances, equities or claims.
(f) This Agreement has been
duly authorized, executed and delivered by the Company.
(g) On the Closing Date, the Indenture will have been duly
authorized, executed and delivered by the Company and will be qualified under the Trust
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Indenture Act and shall constitute a valid and binding agreement of the Company, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency and similar laws affecting
creditors’ rights generally and equitable principles of general applicability.
(h) The Securities have been duly
authorized and, when executed and authenticated in accordance with the provisions of the Indenture and delivered to and paid for by the Underwriters in accordance with the terms of this Agreement, will be valid and binding obligations of the
Company, in each case enforceable in accordance with their respective terms, subject to applicable bankruptcy, insolvency and similar laws affecting creditors’ rights generally and equitable principles of general applicability, and will be
entitled to the benefits of the Indenture.
(i) The Company is not, nor with the giving of notice or lapse of time or both
would it be, in violation of or in default under its Certificate of Incorporation or Bylaws. The issue and sale of the Securities and the performance by the Company of all its obligations under the Securities, the Indenture and this Agreement, and
the consummation of the transactions herein and therein contemplated, will not conflict with or result in a breach of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or
encumbrance upon any property or assets of the Company or any of its Significant Subsidiaries under, any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Company or any of its Significant Subsidiaries
is a party or by which the Company or any of its Significant Subsidiaries is bound or to which any of the property or assets of the Company or any of its Significant Subsidiaries is subject, except as would not have a Material Adverse Effect, or
would not materially impair the Company’s ability to perform its obligations contemplated by this Agreement, the Securities or the Indenture, nor will any such action result in any violation of the provisions of the Certificate of Incorporation
or the Bylaws of the Company or, except as would not have a Material Adverse Effect, or would not materially impair the Company’s ability to perform its obligations contemplated by this Agreement, the Securities or the Indenture, any applicable
law or statute or any order, rule or regulation of any court or governmental agency or body having jurisdiction over the Company, its Significant Subsidiaries or any of their respective properties; and no consent, approval, authorization, order,
license, registration or qualification of or with any such court or governmental agency or body is required for the issue and sale of the Securities or the consummation by the Company of the transactions contemplated by this Agreement or the
Indenture, except such consents, approvals, authorizations, orders, licenses, registrations or qualifications as have been obtained as of the date hereof and as may be required under state securities or Blue Sky Laws in connection with the purchase
and distribution of the Securities by the Underwriters.
(j) There has not occurred any material adverse change, or any
development involving a prospective material adverse change, in the condition,
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financial or otherwise, or in the earnings, business or operations of the Company and its subsidiaries, taken as a whole, from that set forth in the Time of Sale Prospectus.
(k) The Company is not, and after giving effect to the offering and sale of the Securities and the application of the proceeds
thereof as described in the Prospectus will not be, required to register as an “investment company” as such term is defined in the Investment Company Act of 1940, as amended.
(l) The financial statements, and the related notes thereto, of the Company included or incorporated by reference in the Time
of Sale Prospectus and the Prospectus present fairly, in all material respects, the consolidated financial position of the Company and its consolidated subsidiaries as of the dates indicated and the results of their operations and the changes in
their consolidated cash flows for the periods specified; and said financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis, except as described in the notes to such financial
statements; and the supporting schedules incorporated by reference in the Time of Sale Prospectus and the Prospectus present fairly, in all material respects, the information required to be stated therein; and the other financial and statistical
information and any other financial data set forth in the Time of Sale Prospectus and the Prospectus, to the Company’s knowledge, present fairly, in all material respects, the information purported to be shown thereby at the respective dates or
for the respective periods to which they apply and, to the extent that such information is set forth in or has been derived from the financial statements and accounting books and records of the Company, have been prepared, to the Company’s
knowledge, in all material respects on a basis consistent with such financial statements and the books and records of the Company.
(m) The interactive data in eXtensible Business Reporting Language included or incorporated by reference in the Registration
Statement fairly presents the information called for in all material respects and has been prepared in accordance with the Commission’s rules and guidelines applicable thereto.
2.
Agreements to Sell and Purchase
. The Company hereby agrees to sell to the several Underwriters, and each Underwriter, upon
the basis of the representations and warranties herein contained, but subject to the conditions hereinafter stated, agrees, severally and not jointly, to purchase from the Company the respective principal amounts of Securities set forth in
Schedule II hereto opposite its name at the purchase price set forth in Schedule I hereto.
3.
Public
Offering
. The Company is advised by you that the Underwriters propose to make a public offering of their respective portions of the Securities as soon after the Registration Statement and this Agreement have become effective as in your judgment
is advisable. The Company is further advised by you that the Securities are to be offered to the public upon the terms set forth in the Prospectus.
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4.
Payment and Delivery
. Payment for the Securities shall be made to the Company in
Federal or other funds immediately available in New York City on the closing date and time set forth in Schedule I hereto, or at such other time on the same or such other date, not later than the fifth business day thereafter, as may be
designated in writing by you. The time and date of such payment are hereinafter referred to as the “
Closing Date
.”
Payment for the Securities shall be made against delivery to you on the Closing Date for the respective accounts of the several Underwriters
of the Securities registered in such names and in such denominations as you shall request in writing not later than one full business day prior to the Closing Date, with any transfer taxes payable in connection with the transfer of the Securities to
the Underwriters duly paid.
5.
Conditions to the Underwriters’ Obligations
. The several obligations of the
Underwriters are subject to the following conditions:
(a) Subsequent to the execution and delivery of this
Agreement and prior to the Closing Date:
(i) there shall not have occurred any downgrading, nor shall any notice have been
given of (A) any intended or potential downgrading or (B) any review or possible change that does not indicate the direction of the possible change in the rating accorded any securities of or guaranteed by the Company by any
“nationally recognized statistical rating organization” (as such term is defined in Section 3(a)(62) of the Exchange Act); and
(ii) there shall not have occurred any change, or any development involving a prospective change, in the condition, financial
or otherwise, or in the earnings, business or operations of the Company and its subsidiaries, taken as a whole, from that set forth in the Time of Sale Prospectus that, in your judgment, is material and adverse and that makes it, in your judgment,
impracticable to market the Securities on the terms and in the manner contemplated in the Time of Sale Prospectus.
(b) The
Underwriters shall have received on the Closing Date a certificate, dated the Closing Date and signed by Kurt H. Zumwalt, Treasurer of the Company, or by an executive officer of the Company, to the effect set forth in Section 5(a)(i) above and
to the effect that the representations and warranties of the Company contained in this Agreement are true and correct as of the Closing Date and that the Company has complied with all of the agreements and satisfied all of the conditions on its part
to be performed or satisfied hereunder on or before the Closing Date.
The officer signing and delivering such certificate may rely upon
the best of his or her knowledge as to proceedings threatened.
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(c) The Underwriters shall have received on the Closing Date an opinion of
Gibson, Dunn & Crutcher LLP, outside counsel for the Company, dated the Closing Date, in the form agreed between such counsel and the Managers.
(d) The Underwriters shall have received on the Closing Date an opinion of Michael D. Deal, Associate General Counsel of the
Company, dated the Closing Date, in the form agreed between such counsel and the Managers.
(e) The Underwriters shall have
received on the Closing Date an opinion of Davis Polk & Wardwell LLP, counsel for the Underwriters, dated the Closing Date with respect to such matters as the Underwriters shall request.
(f) The Underwriters shall have received, on each of the date hereof and the Closing Date, a letter dated the date hereof or
the Closing Date, as the case may be, in form and substance satisfactory to the Underwriters, from Ernst & Young LLP, independent public accountants, containing statements and information of the type ordinarily included in accountants’
“comfort letters” to underwriters with respect to the financial statements and certain financial information contained in the Registration Statement, the Time of Sale Prospectus and the Prospectus.
6.
Covenants of the Company
. The Company covenants with each Underwriter as follows:
(a) To furnish to you, without charge, a signed copy of the Registration Statement (including exhibits thereto and documents
incorporated by reference therein) and to deliver to each of the Underwriters during the period mentioned in Section 6(e) or 6(f) below, as many copies of the Time of Sale Prospectus, the Prospectus, any documents incorporated by reference
therein and any supplements and amendments thereto or to the Registration Statement as you may reasonably request.
(b)
During any period when a prospectus relating to the Securities is required to be delivered under the Act (including circumstances where such requirement may be satisfied pursuant to Rule 172), before amending or supplementing the Registration
Statement, the Time of Sale Prospectus or the Prospectus, (i) to furnish to you a copy of each such proposed amendment or supplement and (ii) not to file any such proposed amendment or supplement to which you reasonably object (except, in
the case of subclause (ii), for (A) an amendment or supplement consisting solely of the filing of a document under the Exchange Act or (B) a supplement relating to any offering of securities other than the Securities).
(c) To furnish to you a copy of each proposed free writing prospectus to be prepared by or on behalf of, used by, or referred
to by the Company and not to use or refer to any proposed free writing prospectus to which you reasonably object.
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(d) Not to take any action that would result in an Underwriter or the Company
being required to file with the Commission pursuant to Rule 433(d) under the Securities Act a free writing prospectus prepared by or on behalf of the Underwriter that the Underwriter otherwise would not have been required to file thereunder.
(e) If the Time of Sale Prospectus is being used to solicit offers to buy the Securities at a time when the Prospectus is not
yet available to prospective purchasers and any event shall occur or condition exist as a result of which it is necessary to amend or supplement the Time of Sale Prospectus in order to make the statements therein, in the light of the circumstances,
not misleading, or if any event shall occur or condition exist as a result of which the Time of Sale Prospectus conflicts with the information contained in the Registration Statement then on file, or if, in the opinion of counsel for the
Underwriters, it is necessary to amend or supplement the Time of Sale Prospectus to comply with applicable law, forthwith to prepare, file with the Commission and furnish, at its own expense, to the Underwriters and to any dealer upon request,
either amendments or supplements to the Time of Sale Prospectus so that the statements in the Time of Sale Prospectus as so amended or supplemented will not, in the light of the circumstances when the Time of Sale Prospectus is delivered to a
prospective purchaser, be misleading or so that the Time of Sale Prospectus, as amended or supplemented, will no longer conflict with the Registration Statement, or so that the Time of Sale Prospectus, as amended or supplemented, will comply with
applicable law.
(f) If, during such period after the first date of the public offering of the Securities, as in the
opinion of counsel for the Underwriters the Prospectus (or in lieu thereof the notice referred to in Rule 173(a) of the Securities Act) is required by law to be delivered in connection with sales by an Underwriter or dealer, any event shall occur or
condition exist as a result of which it is necessary to amend or supplement the Prospectus in order to make the statements therein, in the light of the circumstances when the Prospectus (or in lieu thereof the notice referred to in Rule 173(a) of
the Securities Act) is delivered to a purchaser, not misleading, or if, in the opinion of counsel for the Underwriters, it is necessary to amend or supplement the Prospectus to comply with applicable law, forthwith to prepare, file with the
Commission and furnish, at its own expense, to the Underwriters and to the dealers (whose names and addresses you will furnish to the Company) to which Securities may have been sold by you on behalf of the Underwriters and to any other dealers upon
request, either amendments or supplements to the Prospectus so that the statements in the Prospectus as so amended or supplemented will not, in the light of the circumstances when the Prospectus (or in lieu thereof the notice referred to in Rule
173(a) of the Securities Act) is delivered to a purchaser, be misleading or so that the Prospectus, as amended or supplemented, will comply with applicable law.
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(g) To endeavor to qualify the Securities for offer and sale under the securities
or Blue Sky laws of such jurisdictions as you shall reasonably request; provided that the Company shall not be required to (i) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would
not otherwise be required to so qualify, (ii) file any general consent to service of process in any such jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it not otherwise so subject.
(h) To make generally available to the Company’s security holders and to you as soon as practicable an earning statement
that shall satisfy the provisions of Section 11(a) of the Securities Act and the rules and regulations of the Commission thereunder, including Rule 158.
(i) The Company agrees to pay the costs and expenses relating to the following matters: (i) the preparation, printing or
reproduction and filing with the Commission of the Registration Statement (including financial statements and exhibits thereto), each Preliminary Prospectus, the Final Prospectus and each Issuer Free Writing Prospectus, and each amendment or
supplement to any of them; (ii) the printing (or reproduction) and delivery (including postage, air freight charges and charges for counting and packaging) of such copies of the Registration Statement, each Preliminary Prospectus, the Final
Prospectus and each Issuer Free Writing Prospectus, and all amendments or supplements to any of them, as may, in each case, be reasonably requested for use in connection with the offering and sale of the Securities; (iii) the preparation,
printing, authentication, issuance and delivery of certificates for the Securities, including any stamp or transfer taxes in connection with the original issuance and sale of the Securities; (iv) the printing (or reproduction) and delivery of
this Agreement, and all other agreements or documents printed (or reproduced) and delivered in connection with the offering of the Securities; (v) the registration of the Securities under the Exchange Act; (vi) any registration or
qualification of the Securities for offer and sale under the securities or Blue Sky laws of the several states (including filing fees and the reasonable fees and expenses of counsel for the Underwriters relating to such registration and
qualification); (vii) the transportation and other expenses incurred by or on behalf of Company representatives in connection with presentations to prospective purchasers of the Securities; (viii) the fees and expenses of the
Company’s accountants and the fees and expenses of counsel (including local and special counsel) for the Company; and (ix) all other costs and expenses incident to the performance by the Company of its obligations hereunder. It is
understood, however, that except as provided in this Section and Section 8 and the penultimate paragraph of Section 10, the Underwriters will pay all of their own costs and expenses, including the fees and disbursements of their counsel
and any advertising expenses connected with any offers they may make. The Underwriters severally agree to reimburse the Company for its reasonable, documented, out-of-pocket costs and expenses incurred in connection with the offering of Securities
hereby in an amount up to $1,750,000 within five Business Days of receipt by the Managers from the Company of a reasonably detailed invoice documenting such expenses.
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(j) During the period beginning on the date hereof and continuing to and
including the Closing Date, not to offer, sell, contract to sell or otherwise dispose of any debt securities of the Company or warrants to purchase or otherwise acquire debt securities of the Company substantially similar to the Securities (other
than (i) the Securities, (ii) commercial paper issued in the ordinary course of business or (iii) securities or warrants permitted with the prior written consent of the Managers identified in Schedule I with the authorization to
release this lock-up on behalf of the Underwriters).
(k) To prepare a final term sheet relating to the offering of the
Securities, containing only information that describes the final terms of the Securities or the offering in a form consented to by the Managers, and to file such final term sheet within the period required by Rule 433(d)(5)(ii) under the Securities
Act following the date the final terms have been established for the offering of the Securities.
7.
Covenants of the
Underwriters
. Each Underwriter severally covenants with the Company not to take any action that would result in the Company being required to file with the Commission under Rule 433(d) a free writing prospectus prepared by or on behalf of such
Underwriter that otherwise would not be required to be filed by the Company thereunder, but for the action of the Underwriter.
8.
Indemnity and Contribution
.
(a) The Company agrees to indemnify and hold harmless each Underwriter, each person, if
any, who controls any Underwriter within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act and each affiliate of any Underwriter within the meaning of Rule 405 under the Securities Act from and
against any and all losses, claims, damages and liabilities (including, without limitation, any legal or other expenses reasonably incurred in connection with defending or investigating any such action or claim) caused by (i) any untrue
statement or alleged untrue statement of a material fact contained in the Registration Statement or any amendment thereof, or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary in
order to make the statements therein, not misleading, or (ii) any untrue statement or alleged untrue statement of a material fact contained in any preliminary prospectus, the Time of Sale Prospectus or any amendment or supplement thereto (to
the extent amended or supplemented by the Company), any issuer free writing prospectus as defined in Rule 433(h) under the Securities Act, any Company information that the Company has filed, or is required to file, pursuant to Rule 433(d) under the
Securities Act, any “road show” as defined in Rule 433(h) under the Securities Act (a “
road show
”), or the Prospectus or any amendment or supplement thereto, or caused by any omission or alleged omission to state therein a
material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, except insofar as such losses, claims, damages or liabilities are caused by any such
untrue statement or omission or
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alleged untrue statement or omission based upon information relating to any Underwriter furnished to the Company in writing by such Underwriter through you expressly for use therein.
(b) Each Underwriter agrees, severally and not jointly, to indemnify and hold harmless the Company, its directors, its officers
and each person, if any, who controls the Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such Underwriter, but only
with reference to information relating to such Underwriter furnished to the Company in writing by such Underwriter through you expressly for use in the Registration Statement, any preliminary prospectus, the Time of Sale Prospectus, any issuer free
writing prospectus, road show, or the Prospectus or any amendment or supplement thereto.
(c) In case any proceeding
(including any governmental investigation) shall be instituted involving any person in respect of which indemnity may be sought pursuant to Section 8(a) or 8(b), such person (the “
indemnified party
”) shall promptly notify the
person against whom such indemnity may be sought (the “
indemnifying party
”) in writing and the indemnifying party shall be entitled to assume the defense of all indemnified persons in connection with such proceeding, using counsel
reasonably satisfactory to the indemnified party to represent the indemnified party and any others the indemnifying party may designate in such proceeding and shall pay the reasonable fees and disbursements of such counsel related to such
proceeding. In any such proceeding, any indemnified party shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party and the
indemnified party shall have mutually agreed to the contrary, (ii) the indemnifying party has failed within a reasonable time to retain counsel reasonably satisfactory to the indemnified party or (iii) the named parties to any such
proceeding (including any impleaded parties) include both the indemnifying party and the indemnified party and (y) representation of both parties by the same counsel would be inappropriate due to actual or potential differing interests between
them or (z) the indemnified party shall have reasonably concluded that there may be defenses available to it that are different from, additional to, or in conflict with those available to the indemnifying party. It is understood that the
indemnifying party shall not, in respect of the legal expenses of any indemnified party in connection with any proceeding or related proceedings in the same jurisdiction, be liable for the fees and expenses of more than one separate firm (in
addition to any local counsel) for all such indemnified parties and that all such fees and expenses shall be reimbursed as they are incurred, but only after receipt of a reasonably detailed invoice in respect thereof. Such firm shall be designated
in writing by the Managers authorized to appoint counsel under this Section set forth in Schedule I hereto, in the case of parties indemnified pursuant to Section 8(a), and by the Company, in the case of parties indemnified pursuant to
Section 8(b), provided, however, that in either such case, counsel shall be reasonably acceptable to the other party. The indemnifying party
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shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying
party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an indemnified party shall have requested an indemnifying party
to reimburse the indemnified party for fees and expenses of counsel as contemplated by the second and third sentences of this paragraph, the indemnifying party agrees that it shall be liable for any settlement of any proceeding effected without its
written consent if (i) such settlement is entered into more than 30 days after receipt by such indemnifying party of the aforesaid request and (ii) such indemnifying party shall not have reimbursed the indemnified party in accordance
with such request prior to the date of such settlement. No indemnifying party shall, without the prior written consent of the indemnified party, effect any settlement of any pending or threatened proceeding in respect of which any indemnified party
is or could have been a party and indemnity could have been sought hereunder by such indemnified party, unless such settlement (i) includes an unconditional release of such indemnified party from all liability on claims that are the subject
matter of such proceeding and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act, by or on behalf of any indemnified party.
(d) To the extent the indemnification provided for in Section 8(a) or 8(b) is unavailable to an indemnified party or
insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each indemnifying party under such paragraph, in lieu of indemnifying such indemnified party thereunder, shall contribute to the amount paid or payable
by such indemnified party as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company on the one hand and the Underwriters on the other hand from
the offering of the Securities or (ii) if the allocation provided by clause 8(d)(i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause 8(d)(i) above but
also the relative fault of the Company on the one hand and of the Underwriters on the other hand in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable
considerations. The relative benefits received by the Company on the one hand and the Underwriters on the other hand in connection with the offering of the Securities shall be deemed to be in the same respective proportions as the net proceeds from
the offering of the Securities (before deducting expenses) received by the Company and the total underwriting discounts and commissions received by the Underwriters bear to the aggregate initial public offering price of the Securities as set forth
in the Prospectus. The relative fault of the Company on the one hand and the Underwriters on the other hand shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact relates to information supplied by the Company or by the Underwriters and the parties’ relative intent, knowledge, access to information and opportunity to correct or
13
prevent such statement or omission. The Underwriters’ respective obligations to contribute pursuant to this Section 8 are several in proportion to the respective principal amounts of
Securities they have purchased hereunder, and not joint.
(e) The Company and the Underwriters agree that it would not be
just or equitable if contribution pursuant to this Section 8 were determined by
pro rata
allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of
the equitable considerations referred to in Section 8(d). The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in Section 8(d) shall be deemed to include, subject to the
limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter
shall be required to contribute any amount in excess of the amount by which the total price at which the Securities underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter
has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be
entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any
indemnified party at law or in equity.
(f) The indemnity and contribution provisions contained in this Section 8 and
the representations, warranties and other statements of the Company contained in this Agreement shall remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by or on
behalf of any Underwriter, any person controlling any Underwriter or any affiliate of any Underwriter or by or on behalf of the Company, its officers or directors or any person controlling the Company and (iii) acceptance of and payment for any
of the Securities.
9.
Termination
. The Underwriters may terminate this Agreement by notice given by you to the Company, if
after the execution and delivery of this Agreement and prior to the Closing Date (i) trading generally shall have been suspended or materially limited on, or by, as the case may be, the New York Stock Exchange or the NASDAQ Global Market,
(ii) trading of any securities of the Company shall have been suspended on the NASDAQ Global Select Market, (iii) a material disruption in securities settlement, payment or clearance services in the United States shall have occurred,
(iv) any general moratorium on commercial banking activities shall have been declared by Federal or New York State authorities or (v) there shall have occurred any outbreak or escalation of hostilities, or any change in financial markets
or any calamity or crisis that, in your judgment, is material and adverse and which, singly or together with any other event specified in this Section 9, makes it, in your judgment, impracticable or inadvisable to proceed with the offer, sale
or delivery of the Securities on the terms and in the manner contemplated in the Time of Sale Prospectus or the Prospectus.
14
10.
Effectiveness; Defaulting Underwriters
. This Agreement shall become effective
upon the execution and delivery hereof by the parties hereto.
If, on the Closing Date, any one or more of the Underwriters
shall fail or refuse to purchase the Securities that it has or they have agreed to purchase hereunder on such date, and the aggregate principal amount of the Securities which such defaulting Underwriter or Underwriters agreed but failed or refused
to purchase is not more than
one-tenth
of the aggregate principal amount of the Securities to be purchased on such date, the other Underwriters shall be obligated severally in the proportions that the
principal amount of Securities set forth opposite their respective names in Schedule II bears to the aggregate principal amount of Securities set forth opposite the names of all such
non-defaulting
Underwriters, or in such other proportions as you may specify, to purchase the Securities which such defaulting Underwriter or Underwriters agreed but failed or refused to purchase on such date;
provided
that in no event shall the principal
amount of the Securities that any Underwriter has agreed to purchase pursuant to this Agreement be increased pursuant to this Section 10 by an amount in excess of
one-ninth
of such principal amount of the
Securities without the written consent of such Underwriter. If, on the Closing Date, any Underwriter or Underwriters shall fail or refuse to purchase Securities and the aggregate principal amount of the Securities with respect to which such default
occurs is more than
one-tenth
of the aggregate principal amount of the Securities to be purchased on such date, and arrangements satisfactory to you and the Company for the purchase of such Securities are not
made within 36 hours after such default, this Agreement shall terminate without liability on the part of any
non-defaulting
Underwriter or the Company. In any such case either you or the Company shall have the
right to postpone the Closing Date, but in no event for longer than seven days, in order that the required changes, if any, in the Registration Statement, in the Time of Sale Prospectus, in the Prospectus or in any other documents or arrangements
may be effected. Any action taken under this paragraph shall not relieve any defaulting Underwriter from liability in respect of any default of such Underwriter under this Agreement.
If this Agreement shall be terminated by the Underwriters, or any of them, because of any failure or refusal on the part of the Company to
comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Company shall be unable to perform its obligations under this Agreement the Company will reimburse the Underwriters or such Underwriters as have so
terminated this Agreement with respect to themselves, severally, for all
out-of-pocket
expenses (including the fees and disbursements of their counsel) reasonably
incurred by such Underwriters in connection with this Agreement or the offering contemplated hereunder.
In accordance with the
requirements of the USA Patriot Act (Title III of Pub. L, 107-56 (signed into law October 26, 2001)), the Underwriters are required to obtain, verify and record information that identifies their clients, which may include the name and address
of their clients, as well as other information that will allow the Underwriters to properly identify their clients.
15
11.
Entire Agreement
.
(a) This Agreement, together with any contemporaneous written agreements and any prior written agreements (to the extent not
superseded by this Agreement) that relate to the offering of the Securities, represents the entire agreement between the Company and the Underwriters with respect to the preparation of any preliminary prospectus, the Time of Sale Prospectus, the
Prospectus, the conduct of the offering, and the purchase and sale of the Securities.
(b) The Company acknowledges that in
connection with the offering of the Securities: (i) the Underwriters have acted at arms length, are not agents of, and owe no fiduciary duties to, the Company or any other person, (ii) the Underwriters owe the Company only those duties and
obligations set forth in this Agreement and prior written agreements (to the extent not superseded by this Agreement), if any, and (iii) the Underwriters may have interests that differ from those of the Company. The Company waives to the full
extent permitted by applicable law any claims it may have against the Underwriters arising from an alleged breach of fiduciary duty in connection with the offering of the Securities.
12.
Counterparts
. This Agreement may be signed in two or more counterparts, each of which shall be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument.
13.
Successors
. This Agreement will
inure to the benefit of and be binding upon the parties hereto and their respective successors and the officers, directors, employees, affiliate and agents, and no other person will have any right or obligation hereunder. Nothing expressed or
mentioned in this Agreement is intended or shall be construed to give any other person, firm or corporation any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision herein contained. No purchaser of
Securities from the Underwriters shall be deemed to be a successor by reason merely of such purchase.
14.
Applicable
Law
. This Agreement shall be governed by and construed in accordance with the internal laws of the State of New York.
15.
Headings
. The headings of the sections of this Agreement have been inserted for convenience of reference only and shall not
be deemed a part of this Agreement.
16.
Notices
. All communications hereunder shall be in writing and effective only
upon receipt and if to the Underwriters shall be delivered, mailed or sent to you at the addresses set forth in Schedule I hereto; and if to the Company shall be delivered, mailed or sent to the address set forth in Schedule I hereto.
16
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Very truly yours,
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Amazon.com, Inc.
|
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By:
|
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/s/ Kurt H. Zumwalt
|
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Name:
|
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Kurt H. Zumwalt
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|
|
Title:
|
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Treasurer
|
[
Signature Page to Underwriting Agreement
]
17
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Accepted as of the date hereof
Morgan Stanley & Co. LLC
Merrill Lynch, Pierce, Fenner &
Smith Incorporated
Deutsche
Bank Securities Inc.
Acting severally on behalf of themselves and the several
Underwriters named in Schedule II hereto
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By:
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Morgan Stanley & Co. LLC
|
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By:
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/s/ Greg Mrva
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Name:
|
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Greg Mrva
|
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Title:
|
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Managing Director
|
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By:
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Merrill Lynch, Pierce, Fenner & Smith Incorporated
|
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By:
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/s/ Happy Daily
|
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Name:
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Happy Daily
|
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Title:
|
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Managing Director
|
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By:
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Deutsche Bank Securities Inc.
|
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By:
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/s/ John McCabe
|
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Name:
|
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John McCabe
|
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Title:
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Director
|
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By:
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/s/ Marc Fratepietro
|
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Name:
|
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Marc Fratepietro
|
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|
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Title:
|
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Managing Director
|
[
Signature Page to Underwriting Agreement
]
18
SCHEDULE I
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Managers:
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Managers authorized to release lock-up under Section 6(j):
|
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Morgan Stanley & Co. LLC
Merrill Lynch,
Pierce, Fenner & Smith
Incorporated
Deutsche Bank Securities Inc.
|
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|
|
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Managers authorized to appoint counsel under Section 8(c):
|
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Morgan Stanley & Co. LLC
Merrill Lynch,
Pierce, Fenner & Smith
Incorporated
Deutsche Bank Securities Inc.
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Indenture:
|
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Indenture dated as of November 29, 2012, between the Company and the Trustee
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Trustee:
|
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Wells Fargo Bank, National Association
|
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|
|
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Registration Statement File No.:
|
|
333-185137
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|
|
|
Time of Sale Prospectus:
|
|
1. Basic Prospectus dated November 26, 2012 relating to
the Shelf Securities
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|
|
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|
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2. the preliminary prospectus supplement dated
December 1, 2014, relating to the Securities
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|
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3. free writing prospectus dated December 2, 2014,
containing a description of certain terms filed by the
Company under Rule 433(d) of the Securities Act
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Securities to be purchased:
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2.600% Notes Due 2019
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3.300% Notes Due 2021
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3.800% Notes Due 2024
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4.800% Notes Due 2034
|
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|
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4.950% Notes Due 2044
|
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|
|
|
Aggregate Principal Amount:
|
|
$1,000,000,000 of 2.600% Notes Due 2019
$1,000,000,000 of 3.300% Notes Due 2021
$1,250,000,000 of 3.800%
Notes Due 2024
$1,250,000,000 of 4.800% Notes Due 2034
$1,500,000,000 of 4.950% Notes Due 2044
|
1
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|
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Purchase Price:
|
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99.500% of the principal amount of the 2.600% Notes Due 2019, plus accrued interest, if any, from December 5, 2014
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99.278% of the principal amount of the 3.300% Notes Due 2021, plus accrued interest, if any, from December 5, 2014
|
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|
|
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|
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99.238% of the principal amount of the 3.800% Notes Due 2024, plus accrued interest, if any, from December 5, 2014
|
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|
|
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98.425% of the principal amount of the 4.800% Notes Due 2034, plus accrued interest, if any, from December 5, 2014
|
|
|
|
|
|
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97.436% of the principal amount of the 4.950% Notes Due 2044, plus accrued interest, if any, from December 5, 2014
|
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|
|
|
Maturity:
|
|
2.600% Notes Due 2019: December 5, 2019
|
|
|
|
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|
|
3.300% Notes Due 2021: December 5, 2021
|
|
|
|
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|
|
3.800% Notes Due 2024: December 5, 2024
|
|
|
|
|
|
|
4.800% Notes Due 2034: December 5, 2034
|
|
|
|
|
|
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4.950% Notes Due 2044: December 5, 2044
|
|
|
|
|
Interest Rate:
|
|
2.600% Notes Due 2019: 2.600% per annum, accruing from December 5, 2014
|
|
|
|
|
|
|
3.300% Notes Due 2021: 3.300% per annum, accruing from December 5, 2014
3.800% Notes Due 2024: 3.800% per annum, accruing from December 5, 2014
|
|
|
|
|
|
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4.800% Notes Due 2034: 4.800% per annum, accruing from December 5, 2014
|
|
|
|
|
|
|
4.950% Notes Due 2044: 4.950% per annum, accruing from December 5, 2014
|
2
|
|
|
|
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|
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Interest Payment Dates:
|
|
2.600% Notes Due 2019: June 5 and December 5, commencing June 5, 2015
|
|
|
|
|
|
|
3.300% Notes Due 2021: June 5 and December 5, commencing June 5, 2015
|
|
|
|
|
|
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3.800% Notes Due 2024: June 5 and December 5, commencing June 5, 2015
|
|
|
|
|
|
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4.800% Notes Due 2034: June 5 and December 5, commencing June 5, 2015
|
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|
|
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|
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4.950% Notes Due 2044: June 5 and December 5, commencing June 5, 2015
|
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|
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Closing Date and Time:
|
|
December 5, 2014, 10:00 a.m. New York City time
|
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|
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Closing Location:
|
|
Davis Polk & Wardwell LLP
1600 El Camino
Real
Menlo Park, California 94025
|
|
|
|
|
Address for Notices to Underwriters:
|
|
Morgan Stanley & Co. LLC
1585 Broadway
New York, NY 10036
Attention: Investment Banking Division
Facsimile: (212) 761-0260
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Merrill Lynch, Pierce, Fenner & Smith
Incorporated
50 Rockefeller Plaza, NY1-050-12-01,
New York, New York 10020
Attention of High Grade Debt Capital
Markets Transaction
Management/Legal
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Deutsche Bank Securities Inc.
60 Wall Street,
New York, NY 10005
Attention: Debt Capital Markets Syndicate
Fax: (212) 797-2202
with a copy to General Counsel
Fax: (212) 797-4561
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3
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|
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HSBC Securities (USA) Inc.
452 Fifth Avenue
New York, New York 10018
Fax: (212) 525-0238
Attention: Transaction Management Group
|
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Address for Notices to the Company:
|
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Amazon.com, Inc.
410 Terry Avenue North
Seattle, Washington 98109
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Attention: General Counsel
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4
SCHEDULE
II
|
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|
|
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|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
Underwriter
|
|
Principal
Amount of
2019 Notes
|
|
|
Principal
Amount of
2021 Notes
|
|
|
Principal
Amount of
2024 Notes
|
|
|
Principal
Amount of
2034 Notes
|
|
|
Principal
Amount of
2044 Notes
|
|
|
|
|
|
|
|
|
|
Morgan Stanley & Co. LLC
|
|
$
|
420,000,000
|
|
|
$
|
420,000,000
|
|
|
$
|
525,000,000
|
|
|
$
|
525,000,000
|
|
|
$
|
630,000,000
|
|
|
|
|
|
|
|
|
|
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
|
|
|
200,000,000
|
|
|
|
200,000,000
|
|
|
|
250,000,000
|
|
|
|
250,000,000
|
|
|
|
300,000,000
|
|
|
|
|
|
|
|
|
|
Deutsche Bank Securities Inc.
|
|
|
200,000,000
|
|
|
|
200,000,000
|
|
|
|
250,000,000
|
|
|
|
250,000,000
|
|
|
|
300,000,000
|
|
|
|
|
|
|
|
|
|
HSBC Securities (USA) Inc.
|
|
|
130,000,000
|
|
|
|
130,000,000
|
|
|
|
162,500,000
|
|
|
|
162,500,000
|
|
|
|
195,000,000
|
|
|
|
|
|
|
|
|
|
Wells Fargo Securities, LLC
|
|
|
50,000,000
|
|
|
|
50,000,000
|
|
|
|
62,500,000
|
|
|
|
62,500,000
|
|
|
|
75,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$
|
1,000,000,000
|
|
|
$
|
1,000,000,000
|
|
|
$
|
1,250,000,000
|
|
|
$
|
1,250,000,000
|
|
|
$
|
1,500,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Exhibit 4.1
AMAZON.COM, INC.
OFFICERS’ CERTIFICATE ESTABLISHING THE TERMS OF NOTES
December 5, 2014
We, Kurt
H. Zumwalt and Michael D. Deal, the Treasurer and the Vice President, Associate General Counsel and Assistant Secretary, respectively, of Amazon.com, Inc., a corporation organized under the laws of the State of Delaware (the
“
Company
”), do hereby certify in the name of and on behalf of the Company as follows:
1. The Underwriting Agreement,
dated December 2, 2014 (the “
Underwriting Agreement
”), among the Company and Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Deutsche Bank Securities Inc., as representatives
of the several underwriters named in Schedule II therein (collectively, the “
Underwriters
”), in the form executed by Kurt H. Zumwalt and the transactions contemplated thereby are hereby approved and ratified in all respects.
2. The Prospectus of the Company dated November 26, 2012, as supplemented by the Preliminary Prospectus Supplement dated December 1,
2014 and the Final Prospectus Supplement dated December 2, 2014, and the offering of securities contemplated thereby, is hereby approved and ratified in all respects.
3. Pursuant to the Trust Indenture Act of 1939, as amended, Section 2.1 of the Indenture, dated as of November 29, 2012 (the
“
Indenture
”), between the Company and Wells Fargo Bank, National Association, as indenture trustee (the “
Trustee
”) and this Officers’ Certificate establishing the terms of each series of Notes (as defined
below) pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”), the undersigned have read the provisions of the Indenture relating to the establishment of the series of securities to be authenticated and
delivered thereunder, including Sections 2.1, 2.2, 2.3, 10.3 and 10.4 and the definitions related thereto, as well as such other documents as they have deemed necessary or appropriate to certify as to the matters set forth herein. Capitalized terms
used but not defined in this Officers’ Certificate are used as defined in the Indenture.
4. The review of such provisions was
undertaken in order to permit the undersigned to certify whether all conditions precedent (including any covenants, compliance with which constitute conditions precedent) provided for in the Indenture, for the establishment of the Notes as five
separate series of securities, the form and terms of which are set forth below, and the authentication and delivery thereof have been complied with.
5. Accordingly, in the opinion of the undersigned, all conditions precedent under the Indenture to the execution and authentication of the
Securities and the delivery of the Securities have been complied with.
6. There is hereby established the following series of securities of the Company for issuance
under the Indenture as follows:
|
|
(a)
|
The titles of such series of Securities shall be the “2.600% Notes due 2019” (the “
2019 Notes
”), the “3.300% Notes due 2021” (the “
2021 Notes
”), the “3.800%
Notes due 2024” (the “
2024 Notes
”), the “4.800% Notes due 2034” (the “
2034 Notes
”) and the “4.950% Notes due 2044” (the “
2044 Notes
,” and together with the 2019 Notes, the
2021 Notes, the 2024 Notes and the 2034 Notes, collectively, the “
Notes
”).
|
|
|
(b)
|
The aggregate principal amount of the Notes that may be authenticated and delivered under the Indenture shall be $1,000,000,000 aggregate principal amount of the 2019 Notes, $1,000,000,000 aggregate principal amount of
the 2021 Notes, $1,250,000,000 aggregate principal amount of the 2024 Notes, $1,250,000,000 aggregate principal amount of the 2034 Notes and $1,500,000,000 aggregate principal amount of the 2044 Notes (except for Notes authenticated and delivered
upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 2.7, 2.8, 2.11, 3.6 and 9.6 of the Indenture).
|
|
|
(c)
|
The principal amount of the outstanding 2019 Notes shall be payable on December 5, 2019 (the “
2019 Stated Maturity
”), 2021 Notes shall be payable on December 5, 2021 (the “
2021 Stated
Maturity
”), 2024 Notes shall be payable on December 5, 2024 (the “
2024 Stated Maturity
”), 2034 Notes shall be payable on December 5, 2034 (the “
2034 Stated Maturity
”) and 2044 Notes shall be
payable on December 5, 2044 (the “
2044 Stated Maturity
,” and together with the 2019 Stated Maturity, the 2021 Stated Maturity, the 2024 Stated Maturity and the 2034 Stated Maturity, the “
Stated Maturities
”).
|
|
|
(d)
|
The 2019 Notes shall bear interest at the rate of 2.600% per annum, the 2021 Notes shall bear interest at the rate of 3.300% per annum, the 2024 Notes shall bear interest at the rate of 3.800% per annum,
the 2034 Notes shall bear interest at the rate of 4.800% per annum and the 2044 Notes shall bear interest at the rate of 4.950% per annum.
|
|
|
(e)
|
Interest on the Notes issued on the date hereof shall accrue from December 5, 2014. Interest on the 2019 Notes, the 2021 Notes, the 2024 Notes, the 2034 Notes and the 2044 Notes shall be payable semi-annually in
arrears each June 5 and December 5 (each, an “
Interest Payment Date
”), beginning on June 5, 2015, to the holders of record as of the close of business on each May 21 and November 20, as the case may be, next
preceding the relevant Interest Payment Date, except that the Company will pay interest at the Stated Maturity of the Notes to the person or persons to whom principal is payable. Interest on the Notes will be paid on the basis of a 360-day year
comprised of twelve 30-day months.
|
If any day on which interest is payable on the Notes is not a Business Day, the payment
of the interest payable on that date will be made on the next date that is a Business Day, without any interest or other payment in respect of the delay, with the same force and effect as if made on the scheduled payment date.
2
|
|
(f)
|
The place or places where the principal of and interest on the Notes shall be payable, where they may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company may be
served in respect of the Notes and the Indenture shall be the Corporate Trust Office of the Trustee, or at any other place as the Company may designate.
|
|
|
(g)
|
The Notes may be redeemed in whole at any time or in part from time to time (until, in the case of the 2019 Notes, at any time prior to November 5, 2019; in the case of the 2021 Notes, at any time prior to
October 5, 2021; in the case of the 2024 Notes, at any time prior to September 5, 2024; in the case of the 2034 Notes, at any time prior to June 5, 2034; and in the case of the 2044 Notes, at any time prior to June 5, 2044), at
the Company’s option (the date of such redemption, the “
Make-Whole Redemption Date
”), at a redemption price equal to the greater of: (1) 100% of the principal amount of the applicable series of Notes to be redeemed, and
(2) the sum, as determined by the Company based on the Reference Treasury Dealer Quotations (as defined below), of the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole
Redemption Date to the applicable Stated Maturity (the “
Remaining Life
”) (not including any portion of such payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled payment dates to the
Make-Whole Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined below) plus 15 basis points in the case of the 2019 Notes, plus 20 basis points in the case of the 2021
Notes, plus 25 basis points in the case of the 2024 Notes, plus 30 basis points in the case of the 2034 Notes and plus 30 basis points in the case of the 2044 Notes. Accrued and unpaid interest on the principal amount being redeemed will be paid up
to, but excluding, the Make-Whole Redemption Date.
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Commencing on November 5, 2019 (one month prior to the maturity
date of the 2019 Notes); October 5, 2021 (two months prior to the maturity date of the 2021 Notes); September 5, 2024 (three months prior to the maturity date of the 2024 Notes); June 5, 2034 (six months prior to the maturity date of
the 2034 Notes); and June 5, 2044 (six months prior to the maturity date of the 2044 Notes), the Company may redeem the Notes, in whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount of the
Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date, a “
Redemption Date
”).
3
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant record date according to the Notes and the Indenture.
If money sufficient to pay the redemption price of and accrued interest on the series of Notes (or portions thereof) to be redeemed on the
Redemption Date is deposited with the Trustee or Paying Agent on or before the Redemption Date, then on and after the Redemption Date, interest will cease to accrue on such Notes (or such portion thereof) called for redemption and such Notes will
cease to be outstanding. If any Redemption Date is not a Business Day, the Company will pay the redemption price on the next Business Day without any interest or other payment due to the delay.
If fewer than all of the Notes of a series are to be redeemed, the Trustee will select the Notes of such series to be redeemed by lot, in
accordance with the Depository Trust Company’s (“
DTC
”) applicable procedures unless otherwise required by law or applicable stock exchange. Notes of $2,000 principal amount or less will not be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in accordance with Section 10.1 of the Indenture at least 30 days
but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to which the redemption price is to be determined if the redemption
price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price, calculated as set forth in this Officers’ Certificate, shall be set
forth in an Officers’ Certificate of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the Indenture, the Notes called for redemption shall
become due and payable on the Redemption Date and at the applicable redemption price.
“
Comparable Treasury Issue
” means
the United States Treasury security selected by a Reference Treasury Dealer appointed by the Company as being the most recently issued United States Treasury security having a maturity comparable to the Remaining Life.
“
Comparable Treasury Price
” means, with respect to any Redemption Date, (i) the average of the Reference Treasury Dealer
Quotations for such Redemption Date, after excluding the highest and lowest of such Reference Treasury Dealer Quotations, (ii) if the Company obtains fewer than five such Reference Treasury Dealer Quotations, then the average of
4
all such quotations shall be used, or (iii) if only one Reference Treasury Dealer Quotation can reasonably be obtained by the Company, such quotation shall be used.
“
Reference Treasury Dealer
” means each of Morgan Stanley & Co. LLC, Merrill Lynch, Pierce, Fenner & Smith
Incorporated and Deutsche Bank Securities Inc., and their respective successors and two other nationally recognized investment banking firms that are primary U.S. Government securities dealers in the United States (a “
Primary Treasury
Dealer
”) specified from time to time by the Company; provided, however, that if any of the foregoing shall cease to be a Primary Treasury Dealer, the Company shall substitute therefor another nationally recognized investment banking firm
that is a Primary Treasury Dealer.
“
Reference Treasury Dealer Quotations
” means, with respect to each Reference Treasury
Dealer and any Redemption Date, the average, as determined by the Company, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Company by each
Reference Treasury Dealer at 5:00 p.m., New York City time, on the third Business Day preceding the Redemption Date.
“
Treasury
Rate
” means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield to maturity of the applicable Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a
percentage of its principal amount) equal to the applicable Comparable Treasury Price for the Redemption Date.
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(h)
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The Notes shall be issuable in minimum denominations of $2,000 and in integral multiples of $1,000 in excess thereof.
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(i)
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The Notes shall be issued in the form of one or more Global Securities.
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(j)
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The Depositary shall be DTC.
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(k)
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The amount of payments of principal or interest shall not be determined with reference to an index, formula or other similar method.
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(l)
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The provisions of Section 8.1 of the Indenture shall apply to the Notes.
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(m)
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The Notes shall be Unrestricted Securities and shall be registered with the Securities and Exchange Commission pursuant to a registration statement on Form S-3 under the Securities Act of 1933, as amended.
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(n)
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The principal of and interest on the Notes shall be payable only in Dollars.
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(o)
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The Notes shall not be convertible into common stock of the Company.
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5
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(p)
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The terms of the 2019 Notes, the 2021 Notes, the 2024 Notes, the 2034 Notes and the 2044 Notes shall include such other terms as set forth in the form of 2019 Note, form of 2021 Note, form of 2024 Note, form of 2034
Note and form of 2044 Note, respectively, attached hereto as Exhibits A, B, C, D and E.
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6
IN WITNESS WHEREOF, the undersigned have executed this Certificate as of the date first written
above.
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AMAZON.COM, INC.
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By:
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/s/ Kurt H. Zumwalt
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Name:
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Kurt H. Zumwalt
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Title:
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Treasurer
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By:
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/s/ Michael D. Deal
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Name:
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Michael D. Deal
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Title:
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Vice President, Associate General Counsel and Assistant Secretary
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Exhibit A
Form of 2019 Note
THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN
THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.
UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“
DTC
”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN.
TRANSFERS OF
THIS NOTE ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
TRANSFER PROVISIONS OF THE INDENTURE.
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH
CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.
AMAZON.COM, INC.
2.600% Notes due 2019
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No.
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CUSIP No. 023135 AL0
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ISIN No. US023135AL05
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$
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AMAZON.COM, INC., a Delaware corporation (the “
Issuer
”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of on
December 5, 2019 (the “
Stated Maturity
”).
Interest Payment Dates: June 5 and December 5 (each, an
“
Interest Payment Date
”), commencing on June 5, 2015.
Interest Record Dates: May 21 and November 20
(each, a “
Regular Record Date
”).
Reference is made to the further provisions of this Note contained herein (the
“
Note
”), which will for all purposes have the same effect as if set forth at this place.
Signature Page Follows
- 2 -
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed.
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AMAZON.COM, INC.
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By:
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Name:
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Title:
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- 3 -
CERTIFICATE OF AUTHENTICATION
This is one of the Notes of the series designated therein described in the within-mentioned Indenture.
Dated: , 2014.
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WELLS FARGO BANK, NATIONAL ASSOCIATION,
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as Trustee
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By:
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Authorized Signatory
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- 4 -
(REVERSE OF NOTE)
AMAZON.COM, INC.
2.600% Notes due
2019
Amazon.com, Inc. (the “
Issuer
”) promises to pay interest on the
principal amount of this Note at the rate per annum described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from December 5, 2014. Interest on this
Note will be paid to but excluding the relevant Interest Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semiannually in arrears on each Interest
Payment Date, beginning on June 5, 2015. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the
next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the
date of that payment on the next succeeding Business Day. Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment.
Initially, Wells Fargo Bank, National Association (the
“
Trustee
”) will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.
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3.
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Indenture; Defined Terms.
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This Note is one of the 2.600% Notes due 2019 (the
“
Notes
”) issued under the Indenture dated as of November 29, 2012 by and between the Issuer and the Trustee, as trustee (the “
Indenture
”) and the Officers’ Certificate dated as of December 5, 2014
establishing the terms of the Notes pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”). This Note is a “
Security
” and the Notes are “
Securities
” under the Indenture.
For purposes of this Note, unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of
the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§77aaa-77bbbb) (the “
TIA
”), as in effect on the date on which the
Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the terms of the
Indenture and this Note are inconsistent, the terms of the Indenture shall govern.
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4.
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Denominations; Transfer; Exchange.
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The Notes are in registered form, without coupons, in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Where the Notes are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the
Registrar shall register the transfer or make the exchange if the requirements for such transactions set forth in the Indenture are met. The Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith as permitted by the Indenture. Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of, or exchange the Notes for the period
- 5 -
beginning at the opening of business fifteen days immediately preceding the delivery of a notice of redemption of the Notes selected for redemption and ending at the close of business on the day
of such delivery, or (b) to register the transfer of or exchange the Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part.
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5.
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Amendment; Modification; Waiver.
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The Indenture and the Notes may be amended or supplemented,
and waivers may be obtained in accordance with the terms of the Indenture.
The Holders of a majority in principal amount of the Notes may
waive any existing or past Default or Event of Default with respect to the Notes. Those Holders may not, however, waive any Default or Event of Default in any payment on the Notes.
Any amendment, supplement or waiver to the Notes made with the consent of Holders of the Notes, shall be made with respect to the Notes only,
and not any other series of Securities.
The Issuer may redeem the Notes in whole at any time or in part from time
to time prior to November 5, 2019 (the date of such redemption, the “
Make-Whole Redemption Date
”) at a redemption price equal to the greater of:
(i) 100% of the principal amount of the Notes to be redeemed; or
(ii) the sum, as determined by the Issuer based on the Reference Treasury Dealer Quotations (as defined in the Officers’ Certificate), of
the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole Redemption Date to the Stated Maturity (the “
Remaining Life
”) (not including any portion of such
payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled Interest Payment Dates to the Make-Whole Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate (as defined in the Officers’ Certificate) plus 15 basis points,
plus, in the case of (i) or (ii), accrued and unpaid interest up
to, but excluding, the Make-Whole Redemption Date.
Commencing on November 5, 2019, the Issuer may redeem the Notes, in whole at any
time or in part from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date,
a “
Redemption Date
”).
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture.
If any Redemption Date is not a Business Day, the Issuer will pay the redemption price on the next Business Day without any interest or other
payment due to the delay.
On or after any Redemption Date, unless the Issuer defaults in payment of the redemption price, interest shall
cease to accrue on the Notes or portions thereof called for redemption. On or before any Redemption Date, the Issuer shall deposit with the Paying Agent money in immediately available funds sufficient to pay the redemption price of and accrued and
unpaid interest, if any, on all Notes to be redeemed on that date. If less than all of the Notes are to be redeemed at any time, the Trustee will select
- 6 -
the Notes to be redeemed by lot, in accordance with DTC’s applicable procedures unless otherwise required by law or applicable stock exchange; provided, however, that in no event shall Notes
of a principal amount of $2,000 or less be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in
accordance with Section 10.1 of the Indenture at least 30 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to
which the redemption price is to be determined if the redemption price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price shall be
set forth in an Officers’ Certificate (as such term is defined in the Indenture) of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the
Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable redemption price.
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7.
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Defaults and Remedies.
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If an Event of Default occurs and is continuing (other than an Event of
Default referred to in Section 6.1(e) or (f) of the Indenture), the Trustee or the Holders of at least 25% in principal amount of the Notes may require the Issuer to pay immediately the principal amount plus accrued and unpaid interest on
such Securities. If an Event of Default referred to in Section 6.1(e) or (f) of the Indenture occurs, the principal amount plus accrued and unpaid interest on such Series of Securities will become immediately due and payable without any
action on the part of the Trustee or any Holder.
The Indenture permits, subject to certain limitations therein provided, Holders of a
majority in principal amount of the outstanding Notes 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 Notes.
This Note shall not be valid until the Trustee manually signs the certificate
of authentication on this Note.
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9.
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Abbreviations and Defined Terms.
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Customary abbreviations may be used in the name of a Holder
of a Note 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).
Pursuant to a recommendation promulgated by the Committee on Uniform Security
Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be
placed only on the other identification numbers printed hereon.
The laws of the State of New York shall govern the Indenture and this Note
without regard to conflicts of laws principles thereof.
- 7 -
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto:
PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Name and address of Assignee,
including Zip code, must be printed or typewritten)
the within Note, and all rights thereunder, hereby irrevocably, constituting and appointing
to transfer the said Note on the books of
Amazon.com, Inc. with full power of substitution in the premises.
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Dated:
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Signature
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Signature must be guaranteed
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Signature
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Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“
STAMP
”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.
-8-
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made:
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Date of Exchange
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Amount of decrease
in Principal Amount of
this Global Security
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Amount of
increase
in Principal
Amount of this
Global Security
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Principal Amount of
this Global Security
following such
decrease or increase
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Signature of authorized
officer of Trustee
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-9-
Exhibit B
Form of 2021 Note
THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN
THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.
UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“
DTC
”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN.
TRANSFERS OF
THIS NOTE ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
TRANSFER PROVISIONS OF THE INDENTURE.
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH
CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.
AMAZON.COM, INC.
3.300% Notes due 2021
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No.
|
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|
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CUSIP No. 023135 AM8
|
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|
|
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ISIN No. US023135AM87
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$
|
AMAZON.COM, INC., a Delaware corporation (the “
Issuer
”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of on
December 5, 2021 (the “
Stated Maturity
”).
Interest Payment Dates: June 5 and December 5 (each, an
“
Interest Payment Date
”), commencing on June 5, 2015.
Interest Record Dates: May 21 and November 20
(each, a “
Regular Record Date
”).
Reference is made to the further provisions of this Note contained herein (the
“
Note
”), which will for all purposes have the same effect as if set forth at this place.
Signature Page Follows
- 2 -
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed.
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AMAZON.COM, INC.
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By:
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Name:
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Title:
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- 3 -
CERTIFICATE OF AUTHENTICATION
This is one of the Notes of the series designated therein described in the within-mentioned Indenture.
Dated: , 2014.
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WELLS FARGO BANK, NATIONAL ASSOCIATION,
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as Trustee
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By:
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Authorized Signatory
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- 4 -
(REVERSE OF NOTE)
AMAZON.COM, INC.
3.300% Notes due
2021
Amazon.com, Inc. (the “
Issuer
”) promises to pay interest on the
principal amount of this Note at the rate per annum described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from December 5, 2014. Interest on this
Note will be paid to but excluding the relevant Interest Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semiannually in arrears on each Interest
Payment Date, beginning on June 5, 2015. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the
next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the
date of that payment on the next succeeding Business Day. Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment.
Initially, Wells Fargo Bank, National Association (the
“
Trustee
”) will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.
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3.
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Indenture; Defined Terms.
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This Note is one of the 3.300% Notes due 2021 (the
“
Notes
”) issued under the Indenture dated as of November 29, 2012 by and between the Issuer and the Trustee, as trustee (the “
Indenture
”) and the Officers’ Certificate dated as of December 5, 2014
establishing the terms of the Notes pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”). This Note is a “
Security
” and the Notes are “
Securities
” under the Indenture.
For purposes of this Note, unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of
the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§77aaa-77bbbb) (the “
TIA
”), as in effect on the date on which the
Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the terms of the
Indenture and this Note are inconsistent, the terms of the Indenture shall govern.
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4.
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Denominations; Transfer; Exchange.
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The Notes are in registered form, without coupons, in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Where the Notes are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the
Registrar shall register the transfer or make the exchange if the requirements for such transactions set forth in the Indenture are met. The Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith as permitted by the Indenture. Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of, or exchange the Notes for the period
- 5 -
beginning at the opening of business fifteen days immediately preceding the delivery of a notice of redemption of the Notes selected for redemption and ending at the close of business on the day
of such delivery, or (b) to register the transfer of or exchange the Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part.
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5.
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Amendment; Modification; Waiver.
|
The Indenture and the Notes may be amended or supplemented,
and waivers may be obtained in accordance with the terms of the Indenture.
The Holders of a majority in principal amount of the Notes may
waive any existing or past Default or Event of Default with respect to the Notes. Those Holders may not, however, waive any Default or Event of Default in any payment on the Notes.
Any amendment, supplement or waiver to the Notes made with the consent of Holders of the Notes, shall be made with respect to the Notes only,
and not any other series of Securities.
The Issuer may redeem the Notes in whole at any time or in part from time
to time prior to October 5, 2021 (the date of such redemption, the “
Make-Whole Redemption Date
”) at a redemption price equal to the greater of:
(i) 100% of the principal amount of the Notes to be redeemed; or
(ii) the sum, as determined by the Issuer based on the Reference Treasury Dealer Quotations (as defined in the Officers’ Certificate), of
the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole Redemption Date to the Stated Maturity (the “
Remaining Life
”) (not including any portion of such
payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled Interest Payment Dates to the Make-Whole Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate (as defined in the Officers’ Certificate) plus 20 basis points,
plus, in the case of (i) or (ii), accrued and unpaid interest up
to, but excluding, the Make-Whole Redemption Date.
Commencing on October 5, 2021, the Issuer may redeem the Notes, in whole at any
time or in part from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date,
a “
Redemption Date
”).
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture.
If any Redemption Date is not a Business Day, the Issuer will pay the redemption price on the next Business Day without any interest or other
payment due to the delay.
On or after any Redemption Date, unless the Issuer defaults in payment of the redemption price, interest shall
cease to accrue on the Notes or portions thereof called for redemption. On or before any Redemption Date, the Issuer shall deposit with the Paying Agent money in immediately available funds sufficient to pay the redemption price of and accrued and
unpaid interest, if any, on all Notes to be redeemed on that date. If less than all of the Notes are to be redeemed at any time, the Trustee will select
- 6 -
the Notes to be redeemed by lot, in accordance with DTC’s applicable procedures unless otherwise required by law or applicable stock exchange; provided, however, that in no event shall Notes
of a principal amount of $2,000 or less be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in
accordance with Section 10.1 of the Indenture at least 30 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to
which the redemption price is to be determined if the redemption price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price shall be
set forth in an Officers’ Certificate (as such term is defined in the Indenture) of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the
Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable redemption price.
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7.
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Defaults and Remedies.
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If an Event of Default occurs and is continuing (other than an Event of
Default referred to in Section 6.1(e) or (f) of the Indenture), the Trustee or the Holders of at least 25% in principal amount of the Notes may require the Issuer to pay immediately the principal amount plus accrued and unpaid interest on
such Securities. If an Event of Default referred to in Section 6.1(e) or (f) of the Indenture occurs, the principal amount plus accrued and unpaid interest on such Series of Securities will become immediately due and payable without any
action on the part of the Trustee or any Holder.
The Indenture permits, subject to certain limitations therein provided, Holders of a
majority in principal amount of the outstanding Notes 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 Notes.
This Note shall not be valid until the Trustee manually signs the certificate
of authentication on this Note.
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9.
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Abbreviations and Defined Terms.
|
Customary abbreviations may be used in the name of a Holder
of a Note 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).
Pursuant to a recommendation promulgated by the Committee on Uniform Security
Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be
placed only on the other identification numbers printed hereon.
The laws of the State of New York shall govern the Indenture and this Note
without regard to conflicts of laws principles thereof.
- 7 -
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto:
PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Name and address of Assignee,
including Zip code, must be printed or typewritten)
the within Note, and all rights thereunder, hereby irrevocably, constituting and appointing
to transfer the said Note on the books of
Amazon.com, Inc. with full power of substitution in the premises.
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Dated:
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Signature
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Signature must be guaranteed
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Signature
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Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“
STAMP
”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.
-8-
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made:
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Date of Exchange
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Amount of decrease
in Principal Amount of
this Global Security
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Amount of
increase
in Principal
Amount of this
Global Security
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Principal Amount
of
this Global Security
following such
decrease or increase
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Signature of authorized
officer of Trustee
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-9-
Exhibit C
Form of 2024 Note
THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN
THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.
UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“
DTC
”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN.
TRANSFERS OF
THIS NOTE ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
TRANSFER PROVISIONS OF THE INDENTURE.
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH
CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.
AMAZON.COM, INC.
3.800% Notes due 2024
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No.
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CUSIP No. 023135 AN6
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ISIN No. US023135AN60
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$
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AMAZON.COM, INC., a Delaware corporation (the “
Issuer
”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of on
December 5, 2024 (the “
Stated Maturity
”).
Interest Payment Dates: June 5 and December 5 (each, an
“
Interest Payment Date
”), commencing on June 5, 2015.
Interest Record Dates: May 21 and November 20
(each, a “
Regular Record Date
”).
Reference is made to the further provisions of this Note contained herein (the
“
Note
”), which will for all purposes have the same effect as if set forth at this place.
Signature Page Follows
- 2 -
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed.
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AMAZON.COM, INC.
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By:
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Name:
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Title:
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- 3 -
CERTIFICATE OF AUTHENTICATION
This is one of the Notes of the series designated therein described in the within-mentioned Indenture.
Dated: , 2014.
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WELLS FARGO BANK, NATIONAL ASSOCIATION,
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as Trustee
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By:
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Authorized Signatory
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- 4 -
(REVERSE OF NOTE)
AMAZON.COM, INC.
3.800% Notes due
2024
Amazon.com, Inc. (the “
Issuer
”) promises to pay interest on the
principal amount of this Note at the rate per annum described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from December 5, 2014. Interest on this
Note will be paid to but excluding the relevant Interest Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semiannually in arrears on each Interest
Payment Date, beginning on June 5, 2015. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the
next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the
date of that payment on the next succeeding Business Day. Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment.
Initially, Wells Fargo Bank, National Association (the
“
Trustee
”) will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.
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3.
|
Indenture; Defined Terms.
|
This Note is one of the 3.800% Notes due 2024 (the
“
Notes
”) issued under the Indenture dated as of November 29, 2012 by and between the Issuer and the Trustee, as trustee (the “
Indenture
”) and the Officers’ Certificate dated as of December 5, 2014
establishing the terms of the Notes pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”). This Note is a “
Security
” and the Notes are “
Securities
” under the Indenture.
For purposes of this Note, unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of
the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§77aaa-77bbbb) (the “
TIA
”), as in effect on the date on which the
Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the terms of the
Indenture and this Note are inconsistent, the terms of the Indenture shall govern.
|
4.
|
Denominations; Transfer; Exchange.
|
The Notes are in registered form, without coupons, in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Where the Notes are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the
Registrar shall register the transfer or make the exchange if the requirements for such transactions set forth in the Indenture are met. The Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith as permitted by the Indenture. Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of, or exchange the Notes for the period
- 5 -
beginning at the opening of business fifteen days immediately preceding the delivery of a notice of redemption of the Notes selected for redemption and ending at the close of business on the day
of such delivery, or (b) to register the transfer of or exchange the Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part.
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5.
|
Amendment; Modification; Waiver.
|
The Indenture and the Notes may be amended or supplemented,
and waivers may be obtained in accordance with the terms of the Indenture.
The Holders of a majority in principal amount of the Notes may
waive any existing or past Default or Event of Default with respect to the Notes. Those Holders may not, however, waive any Default or Event of Default in any payment on the Notes.
Any amendment, supplement or waiver to the Notes made with the consent of Holders of the Notes, shall be made with respect to the Notes only,
and not any other series of Securities.
The Issuer may redeem the Notes in whole at any time or in part from time
to time prior to September 5, 2024 (the date of such redemption, the “
Make-Whole Redemption Date
”) at a redemption price equal to the greater of:
(i) 100% of the principal amount of the Notes to be redeemed; or
(ii) the sum, as determined by the Issuer based on the Reference Treasury Dealer Quotations (as defined in the Officers’ Certificate), of
the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole Redemption Date to the Stated Maturity (the “
Remaining Life
”) (not including any portion of such
payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled Interest Payment Dates to the Make-Whole Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate (as defined in the Officers’ Certificate) plus 25 basis points,
plus, in the case of (i) or (ii), accrued and unpaid interest up
to, but excluding, the Make-Whole Redemption Date.
Commencing on September 5, 2024, the Issuer may redeem the Notes, in whole at any
time or in part from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date,
a “
Redemption Date
”).
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture.
If any Redemption Date is not a Business Day, the Issuer will pay the redemption price on the next Business Day without any interest or other
payment due to the delay.
On or after any Redemption Date, unless the Issuer defaults in payment of the redemption price, interest shall
cease to accrue on the Notes or portions thereof called for redemption. On or before any Redemption Date, the Issuer shall deposit with the Paying Agent money in immediately available funds sufficient to pay the redemption price of and accrued and
unpaid interest, if any, on all Notes to be redeemed on that date. If less than all of the Notes are to be redeemed at any time, the Trustee will select
- 6 -
the Notes to be redeemed by lot, in accordance with DTC’s applicable procedures unless otherwise required by law or applicable stock exchange; provided, however, that in no event shall Notes
of a principal amount of $2,000 or less be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in
accordance with Section 10.1 of the Indenture at least 30 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to
which the redemption price is to be determined if the redemption price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price shall be
set forth in an Officers’ Certificate (as such term is defined in the Indenture) of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the
Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable redemption price.
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7.
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Defaults and Remedies.
|
If an Event of Default occurs and is continuing (other than an Event of
Default referred to in Section 6.1(e) or (f) of the Indenture), the Trustee or the Holders of at least 25% in principal amount of the Notes may require the Issuer to pay immediately the principal amount plus accrued and unpaid interest on
such Securities. If an Event of Default referred to in Section 6.1(e) or (f) of the Indenture occurs, the principal amount plus accrued and unpaid interest on such Series of Securities will become immediately due and payable without any
action on the part of the Trustee or any Holder.
The Indenture permits, subject to certain limitations therein provided, Holders of a
majority in principal amount of the outstanding Notes 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 Notes.
This Note shall not be valid until the Trustee manually signs the certificate
of authentication on this Note.
|
9.
|
Abbreviations and Defined Terms.
|
Customary abbreviations may be used in the name of a Holder
of a Note 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).
Pursuant to a recommendation promulgated by the Committee on Uniform Security
Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be
placed only on the other identification numbers printed hereon.
The laws of the State of New York shall govern the Indenture and this Note
without regard to conflicts of laws principles thereof.
- 7 -
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto:
PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Name and address of Assignee,
including Zip code, must be printed or typewritten)
the within Note, and all rights thereunder, hereby irrevocably, constituting and appointing
to transfer the said Note on the books of
Amazon.com, Inc. with full power of substitution in the premises.
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Dated:
|
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Signature
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Signature must be guaranteed
|
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Signature
|
Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“
STAMP
”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.
-8-
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made:
|
|
|
|
|
|
|
|
|
|
|
Date of Exchange
|
|
Amount of decrease
in Principal Amount of
this Global Security
|
|
Amount of
increase
in Principal
Amount of this
Global Security
|
|
Principal Amount of
this Global Security
following such
decrease or increase
|
|
Signature of authorized
officer of Trustee
|
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-9-
Exhibit D
Form of 2034 Note
THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN
THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.
UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“
DTC
”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN.
TRANSFERS OF
THIS NOTE ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
TRANSFER PROVISIONS OF THE INDENTURE.
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH
CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.
AMAZON.COM, INC.
4.800% Notes due 2034
|
|
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|
|
No.
|
|
CUSIP No. 023135 AP1
|
|
|
|
ISIN No. US023135AP19
|
|
|
|
$
|
AMAZON.COM, INC., a Delaware corporation (the “
Issuer
”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of on
December 5, 2034 (the “
Stated Maturity
”).
Interest Payment Dates: June 5 and December 5 (each, an
“
Interest Payment Date
”), commencing on June 5, 2015.
Interest Record Dates: May 21 and November 20
(each, a “
Regular Record Date
”).
Reference is made to the further provisions of this Note contained herein (the
“
Note
”), which will for all purposes have the same effect as if set forth at this place.
Signature Page Follows
- 2 -
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed.
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AMAZON.COM, INC.
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By:
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Name:
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Title:
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- 3 -
CERTIFICATE OF AUTHENTICATION
This is one of the Notes of the series designated therein described in the within-mentioned Indenture.
Dated: , 2014.
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WELLS FARGO BANK, NATIONAL ASSOCIATION,
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as Trustee
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By:
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Authorized Signatory
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- 4 -
(REVERSE OF NOTE)
AMAZON.COM, INC.
4.800% Notes due
2034
Amazon.com, Inc. (the “
Issuer
”) promises to pay interest on the
principal amount of this Note at the rate per annum described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from December 5, 2014. Interest on this
Note will be paid to but excluding the relevant Interest Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semiannually in arrears on each Interest
Payment Date, beginning on June 5, 2015. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the
next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the
date of that payment on the next succeeding Business Day. Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment.
Initially, Wells Fargo Bank, National Association (the
“
Trustee
”) will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.
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3.
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Indenture; Defined Terms.
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This Note is one of the 4.800% Notes due 2034 (the
“
Notes
”) issued under the Indenture dated as of November 29, 2012 by and between the Issuer and the Trustee, as trustee (the “
Indenture
”) and the Officers’ Certificate dated as of December 5, 2014
establishing the terms of the Notes pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”). This Note is a “
Security
” and the Notes are “
Securities
” under the Indenture.
For purposes of this Note, unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of
the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§77aaa-77bbbb) (the “
TIA
”), as in effect on the date on which the
Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the terms of the
Indenture and this Note are inconsistent, the terms of the Indenture shall govern.
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4.
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Denominations; Transfer; Exchange.
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The Notes are in registered form, without coupons, in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Where the Notes are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the
Registrar shall register the transfer or make the exchange if the requirements for such transactions set forth in the Indenture are met. The Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith as permitted by the Indenture. Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of, or exchange the Notes for the period
- 5 -
beginning at the opening of business fifteen days immediately preceding the delivery of a notice of redemption of the Notes selected for redemption and ending at the close of business on the day
of such delivery, or (b) to register the transfer of or exchange the Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part.
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5.
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Amendment; Modification; Waiver.
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The Indenture and the Notes may be amended or supplemented,
and waivers may be obtained in accordance with the terms of the Indenture.
The Holders of a majority in principal amount of the Notes may
waive any existing or past Default or Event of Default with respect to the Notes. Those Holders may not, however, waive any Default or Event of Default in any payment on the Notes.
Any amendment, supplement or waiver to the Notes made with the consent of Holders of the Notes, shall be made with respect to the Notes only,
and not any other series of Securities.
The Issuer may redeem the Notes in whole at any time or in part from time
to time prior to June 5, 2034 (the date of such redemption, the “
Make-Whole Redemption Date
”) at a redemption price equal to the greater of:
(i) 100% of the principal amount of the Notes to be redeemed; or
(ii) the sum, as determined by the Issuer based on the Reference Treasury Dealer Quotations (as defined in the Officers’ Certificate), of
the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole Redemption Date to the Stated Maturity (the “
Remaining Life
”) (not including any portion of such
payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled Interest Payment Dates to the Make-Whole Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate (as defined in the Officers’ Certificate) plus 30 basis points,
plus, in the case of (i) or (ii), accrued and unpaid interest up
to, but excluding, the Make-Whole Redemption Date.
Commencing on June 5, 2034, the Issuer may redeem the Notes, in whole at any time
or in part from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date, a
“
Redemption Date
”).
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture.
If any Redemption Date is not a Business Day, the Issuer will pay the redemption price on the next Business Day without any interest or other
payment due to the delay.
On or after any Redemption Date, unless the Issuer defaults in payment of the redemption price, interest shall
cease to accrue on the Notes or portions thereof called for redemption. On or before any Redemption Date, the Issuer shall deposit with the Paying Agent money in immediately available funds sufficient to pay the redemption price of and accrued and
unpaid interest, if any, on all Notes to be redeemed on that date. If less than all of the Notes are to be redeemed at any time, the Trustee will select
- 6 -
the Notes to be redeemed by lot, in accordance with DTC’s applicable procedures unless otherwise required by law or applicable stock exchange; provided, however, that in no event shall Notes
of a principal amount of $2,000 or less be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in
accordance with Section 10.1 of the Indenture at least 30 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to
which the redemption price is to be determined if the redemption price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price shall be
set forth in an Officers’ Certificate (as such term is defined in the Indenture) of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the
Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable redemption price.
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7.
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Defaults and Remedies.
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If an Event of Default occurs and is continuing (other than an Event of
Default referred to in Section 6.1(e) or (f) of the Indenture), the Trustee or the Holders of at least 25% in principal amount of the Notes may require the Issuer to pay immediately the principal amount plus accrued and unpaid interest on
such Securities. If an Event of Default referred to in Section 6.1(e) or (f) of the Indenture occurs, the principal amount plus accrued and unpaid interest on such Series of Securities will become immediately due and payable without any
action on the part of the Trustee or any Holder.
The Indenture permits, subject to certain limitations therein provided, Holders of a
majority in principal amount of the outstanding Notes 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 Notes.
This Note shall not be valid until the Trustee manually signs the certificate
of authentication on this Note.
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9.
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Abbreviations and Defined Terms.
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Customary abbreviations may be used in the name of a Holder
of a Note 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).
Pursuant to a recommendation promulgated by the Committee on Uniform Security
Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be
placed only on the other identification numbers printed hereon.
The laws of the State of New York shall govern the Indenture and this Note
without regard to conflicts of laws principles thereof.
- 7 -
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto:
PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Name and address of Assignee, including Zip code, must be printed or typewritten)
the within Note, and all rights thereunder, hereby
irrevocably, constituting and appointing
to transfer the said Note on the books of Amazon.com, Inc. with full power of substitution in the premises.
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Dated:
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Signature
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Signature must be guaranteed
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Signature
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Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“
STAMP
”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.
-8-
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made:
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Date of Exchange
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Amount of decrease
in Principal Amount of
this Global Security
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Amount of
increase
in Principal
Amount of this
Global Security
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Principal Amount of
this Global Security
following such
decrease or increase
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Signature of authorized
officer of Trustee
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-9-
Exhibit E
Form of 2044 Note
THIS SECURITY IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO
AND IS REGISTERED IN THE NAME OF THE DEPOSITARY OR A NOMINEE OF THE DEPOSITARY. THIS SECURITY IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED CIRCUMSTANCES DESCRIBED IN
THE INDENTURE, AND MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY, BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A
SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH A SUCCESSOR DEPOSITARY.
UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“
DTC
”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS
REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR
TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN.
TRANSFERS OF
THIS NOTE ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
TRANSFER PROVISIONS OF THE INDENTURE.
IN CONNECTION WITH ANY TRANSFER, THE HOLDER WILL DELIVER TO THE REGISTRAR AND TRANSFER AGENT SUCH
CERTIFICATES AND OTHER INFORMATION AS SUCH TRANSFER AGENT MAY REASONABLY REQUIRE TO CONFIRM THAT THE TRANSFER COMPLIES WITH THE FOREGOING RESTRICTIONS.
AMAZON.COM, INC.
4.950% Notes due 2044
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No.
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CUSIP No. 023135 AQ9
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ISIN No. US023135AQ91
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$
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AMAZON.COM, INC., a Delaware corporation (the “
Issuer
”), for value received promises to pay
to CEDE & CO. or registered assigns the principal sum of on
December 5, 2044 (the “
Stated Maturity
”).
Interest Payment Dates: June 5 and December 5 (each, an
“
Interest Payment Date
”), commencing on June 5, 2015.
Interest Record Dates: May 21 and November 20
(each, a “
Regular Record Date
”).
Reference is made to the further provisions of this Note contained herein (the
“
Note
”), which will for all purposes have the same effect as if set forth at this place.
Signature Page Follows
- 2 -
IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed.
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AMAZON.COM, INC.
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By:
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Name:
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Title:
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- 3 -
CERTIFICATE OF AUTHENTICATION
This is one of the Notes of the series designated therein described in the within-mentioned Indenture.
Dated: , 2014.
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WELLS FARGO BANK, NATIONAL ASSOCIATION,
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as Trustee
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By:
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Authorized Signatory
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- 4 -
(REVERSE OF NOTE)
AMAZON.COM, INC.
4.950% Notes due
2044
Amazon.com, Inc. (the “
Issuer
”) promises to pay interest on the
principal amount of this Note at the rate per annum described above. Cash interest on the Notes will accrue from the most recent date to which interest has been paid; or, if no interest has been paid, from December 5, 2014. Interest on this
Note will be paid to but excluding the relevant Interest Payment Date or on such earlier date as the principal amount shall become due in accordance with the provisions hereof. The Issuer will pay interest semiannually in arrears on each Interest
Payment Date, beginning on June 5, 2015. If any Interest Payment Date, Stated Maturity or other payment date with respect to the Notes is not a Business Day, the required payment of principal, premium, if any, or interest will be due on the
next succeeding Business Day as if made on the date that such payment was due, and no interest will accrue on that payment for the period from and after that Interest Payment Date, Stated Maturity or other payment date, as the case may be, to the
date of that payment on the next succeeding Business Day. Interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.
The Issuer shall pay interest on overdue principal from time to time on demand at the rate borne by the Notes and at the same rate on overdue
installments of interest (without regard to any applicable grace periods) to the extent lawful from the dates such amounts are due until such amounts are paid or made available for payment.
Initially, Wells Fargo Bank, National Association (the
“
Trustee
”) will act as Paying Agent. The Issuer may change any Paying Agent without notice to the Holders.
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3.
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Indenture; Defined Terms.
|
This Note is one of the 4.950% Notes due 2044 (the
“
Notes
”) issued under the Indenture dated as of November 29, 2012 by and between the Issuer and the Trustee, as trustee (the “
Indenture
”) and the Officers’ Certificate dated as of December 5, 2014
establishing the terms of the Notes pursuant to Section 2.2 of the Indenture (the “
Officers’ Certificate
”). This Note is a “
Security
” and the Notes are “
Securities
” under the Indenture.
For purposes of this Note, unless otherwise defined herein, capitalized terms herein are used as defined in the Indenture. The terms of
the Notes include those stated in the Indenture and those made part of the Indenture by reference to the Trust Indenture Act of 1939, as amended (15 U.S.C. §§77aaa-77bbbb) (the “
TIA
”), as in effect on the date on which the
Indenture was qualified under the TIA. Notwithstanding anything to the contrary herein, the Notes are subject to all such terms, and Holders of Notes are referred to the Indenture and the TIA for a statement of them. To the extent the terms of the
Indenture and this Note are inconsistent, the terms of the Indenture shall govern.
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4.
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Denominations; Transfer; Exchange.
|
The Notes are in registered form, without coupons, in
denominations of $2,000 and integral multiples of $1,000 in excess thereof. Where the Notes are presented to the Registrar or a co-registrar with a request to register a transfer or to exchange them for an equal principal amount of Notes, the
Registrar shall register the transfer or make the exchange if the requirements for such transactions set forth in the Indenture are met. The Issuer may require payment of a sum sufficient to cover any transfer tax or similar governmental charge
payable in connection therewith as permitted by the Indenture. Neither the Issuer nor the Registrar shall be required (a) to issue, register the transfer of, or exchange the Notes for the period
- 5 -
beginning at the opening of business fifteen days immediately preceding the delivery of a notice of redemption of the Notes selected for redemption and ending at the close of business on the day
of such delivery, or (b) to register the transfer of or exchange the Notes selected, called or being called for redemption as a whole or the portion being redeemed of any such Notes selected, called or being called for redemption in part.
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5.
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Amendment; Modification; Waiver.
|
The Indenture and the Notes may be amended or supplemented,
and waivers may be obtained in accordance with the terms of the Indenture.
The Holders of a majority in principal amount of the Notes may
waive any existing or past Default or Event of Default with respect to the Notes. Those Holders may not, however, waive any Default or Event of Default in any payment on the Notes.
Any amendment, supplement or waiver to the Notes made with the consent of Holders of the Notes, shall be made with respect to the Notes only,
and not any other series of Securities.
The Issuer may redeem the Notes in whole at any time or in part from time
to time prior to June 5, 2044 (the date of such redemption, the “
Make-Whole Redemption Date
”) at a redemption price equal to the greater of:
(i) 100% of the principal amount of the Notes to be redeemed; or
(ii) the sum, as determined by the Issuer based on the Reference Treasury Dealer Quotations (as defined in the Officers’ Certificate), of
the present value of the remaining scheduled payments of principal and interest on the Notes to be redeemed from the Make-Whole Redemption Date to the Stated Maturity (the “
Remaining Life
”) (not including any portion of such
payments of interest accrued as of the Make-Whole Redemption Date) discounted from the scheduled Interest Payment Dates to the Make-Whole Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the
Treasury Rate (as defined in the Officers’ Certificate) plus 30 basis points,
plus, in the case of (i) or (ii), accrued and unpaid interest up
to, but excluding, the Make-Whole Redemption Date.
Commencing on June 5, 2044, the Issuer may redeem the Notes, in whole at any time
or in part from time to time, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest up to, but excluding, the date of redemption (such date, and any Make-Whole Redemption Date, a
“
Redemption Date
”).
Notwithstanding the foregoing, installments of interest on Notes that are due and payable on
Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date according to the Notes and the Indenture.
If any Redemption Date is not a Business Day, the Issuer will pay the redemption price on the next Business Day without any interest or other
payment due to the delay.
On or after any Redemption Date, unless the Issuer defaults in payment of the redemption price, interest shall
cease to accrue on the Notes or portions thereof called for redemption. On or before any Redemption Date, the Issuer shall deposit with the Paying Agent money in immediately available funds sufficient to pay the redemption price of and accrued and
unpaid interest, if any, on all Notes to be redeemed on that date. If less than all of the Notes are to be redeemed at any time, the Trustee will select
- 6 -
the Notes to be redeemed by lot, in accordance with DTC’s applicable procedures unless otherwise required by law or applicable stock exchange; provided, however, that in no event shall Notes
of a principal amount of $2,000 or less be redeemed in part.
Notice of any redemption shall be electronically delivered or mailed in
accordance with Section 10.1 of the Indenture at least 30 days but not more than 60 days before the Redemption Date to each Holder of the Notes to be redeemed. Such notice shall state the redemption price (if known) or the formula pursuant to
which the redemption price is to be determined if the redemption price cannot be determined at the time the notice is given. If the redemption price cannot be determined at the time such notice is to be given, the actual redemption price shall be
set forth in an Officers’ Certificate (as such term is defined in the Indenture) of the Issuer delivered to the Trustee no later than two Business Days prior to the Redemption Date. Notice of redemption having been given as provided in the
Indenture, the Notes called for redemption shall become due and payable on the Redemption Date and at the applicable redemption price.
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7.
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Defaults and Remedies.
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If an Event of Default occurs and is continuing (other than an Event of
Default referred to in Section 6.1(e) or (f) of the Indenture), the Trustee or the Holders of at least 25% in principal amount of the Notes may require the Issuer to pay immediately the principal amount plus accrued and unpaid interest on
such Securities. If an Event of Default referred to in Section 6.1(e) or (f) of the Indenture occurs, the principal amount plus accrued and unpaid interest on such Series of Securities will become immediately due and payable without any
action on the part of the Trustee or any Holder.
The Indenture permits, subject to certain limitations therein provided, Holders of a
majority in principal amount of the outstanding Notes 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 Notes.
This Note shall not be valid until the Trustee manually signs the certificate
of authentication on this Note.
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9.
|
Abbreviations and Defined Terms.
|
Customary abbreviations may be used in the name of a Holder
of a Note 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).
Pursuant to a recommendation promulgated by the Committee on Uniform Security
Identification Procedures, the Issuer has caused CUSIP numbers to be printed on the Notes as a convenience to the Holders of the Notes. No representation is made as to the accuracy of such numbers as printed on the Notes and reliance may be
placed only on the other identification numbers printed hereon.
The laws of the State of New York shall govern the Indenture and this Note
without regard to conflicts of laws principles thereof.
- 7 -
ASSIGNMENT FORM
FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto:
PLEASE INSERT SOCIAL SECURITY NUMBER OR OTHER IDENTIFYING NUMBER OF ASSIGNEE
(Name and address of Assignee, including Zip code, must be printed or typewritten)
the within Note, and all rights thereunder, hereby
irrevocably, constituting and appointing
to transfer the said Note on the books of Amazon.com, Inc. with full power of substitution in the premises.
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Dated:
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Signature
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Signature must be guaranteed
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Signature
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Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the
Registrar, which requirements include membership or participation in the Security Transfer Agent Medallion Program (“
STAMP
”) or such other “signature guarantee program” as may be determined by the Registrar in addition to,
or in substitution for, STAMP, all in accordance with the United States Securities Exchange Act of 1934, as amended.
-8-
SCHEDULE OF EXCHANGES OF NOTES
The following exchanges of a part of this Global Security for certificated Notes or a part of another Global Security have been made:
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Date of Exchange
|
|
Amount of decrease
in Principal Amount of
this Global Security
|
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Amount of
increase
in Principal
Amount of this
Global Security
|
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Principal Amount
of
this Global Security
following such
decrease or increase
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Signature of authorized
officer of Trustee
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-9-
