200302132
<br />[FORM OF BOND OF THE CREDIT AGREEMENT (2002) SERIES,^DUE 2006]
<br />TRANSFER OF THIS BOND IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER CONTAINED IN THE INDENTURE TO WE{ICH
<br />REFERENCE IS MADE IN THIS BOND. THE TRANSFER RESTRICTIONS ARE DESCRIBED ON THE REVERSE OF THIS BOND.
<br />NORTHWESTERN CORPORATION
<br />(Incorporated under the laws ofthe State of Delaware)
<br />NEw MORTGAGE BOND, CREDIT AGREEMENT (2002) Senor. DUE 2006
<br />No. R- S
<br />NorthWestem Corporation, a corporation organized and existing under the laws ofthe State of Delaware (the "Comoan v", which term shall
<br />include any successor corporation as defined in the Indenture hereinafter referred to), for value received, hereby promises to pay to Credit Suisse
<br />First Boston, acting through its Cayman Islands Branch, as collateral agent under the Bond Collateral Agreement to which reference is hereinafter
<br />made, or (subject to the transfer restrictions described on the reverse hereof) registered assigns, the sum of dollars, in installments prior
<br />to, and the balance or, the first day of December, 2006 (the "Marrnry Date"), in each case, in such amount as is described on the reverse hereof for
<br />Such installment or such balance, as applicable, and in any coin or currency of the United States of Amenea which at the time of payment is legal
<br />tender for public and private debts, and to pay interest thereon as described on the reverse hereof in like coin or currency.
<br />The Bonds of the series of which this Bond is one have been issued to Credit Suisse First Boston, acting through its Cayman Islands
<br />Branch, as collateral agent (together with its successors in such capacity, the "Collateral Agent') under the Bond Collateral Agreement, dated on of
<br />the date set forth on the reverse hereof (as amended or otherwise modified, or as waived, or as replaced, in each case, from time to time in accordance
<br />with its terms, the "Collateral Aareemor ), between the Company and the Collateral Agent, to secure the obligations ofthe Company to pay when
<br />due the Applicable Share (as hereinafter defined) of the principal of and interest on the loans (the "Loans') made and outstanding under the Credit
<br />Agreement, dated as of December 17, 2002 (as amended or otherwise modified, or as waived, or as replaced, in each case, ftom time to time in
<br />accordance with its terms, the "Credit AereemenP), among the Company, as borrower, the several lenders from time to time parties thereto (the
<br />"Lenders") and Credit Suisse First Boston, acting through its Cayman Islands Branch, as administrative agent (together with its successors in such
<br />capacity, the "Administrative AgenP).
<br />This Bond shall not be entitled to any benefit under the Indenture or any indenture supplemental thereto, or become valid or obligatory for
<br />any purpose, until the form of certificate endorsed herein shall have been signed by or on behalf of JPMorgan Chase Bank, the Trustee under the
<br />Indenture, or a successor trustee thereto under the Indenture, or by an authenticating agent duly appointed by the Trustee in accordance with the
<br />terms of the Indenture
<br />The provisions of this Bond are continued on the reverse hereof and such continued provisions shall for all purposes have the same effect
<br />as though fully set forth at this place.
<br />IN WITNESS WHEREOF, NorthWestem Corporation has caused this Bond to be signed (manually or by facsimile signature) in its name by an
<br />Authorized Executive Officer, as defined in the Indenture, and its corporate seal (or a facsimile thereof) to be hereto affixed and attested (manually or
<br />by facsimile signature) by an Authorized Executive Officer, as defined in the Indenture.
<br />Dated:
<br />ATTEST:
<br />By
<br />Authorized Executive Oficer
<br />NORTHWESTERN CORPORATION
<br />Authorized Executive Officer
<br />[FORM OF TRUSTEE'S CERTIFICATE OF AUTHENTICATION]
<br />Thus Is one ofthe Brands of the series designated therein referred to in the wlthm- mentioned Indenture and SupPlensit al Indenture dated as
<br />of February I, 2063.
<br />JPMORGAN CHASE BANK, AS TRUSTEE
<br />By
<br />Authorized Officer
<br />NY530339Ie.13
<br />
|