EXHIBIT
4.4
SUPPLEMENTAL
INDENTURE NO. 2
Dated as of
October 1, 2009
PENNSYLVANIA
ELECTRIC COMPANY
With
THE BANK OF NEW
YORK MELLON,
as Successor
Trustee
To
Pennsylvania
Electric Company
Indenture dated
as of April 1, 1999
THIS
SUPPLEMENTAL INDENTURE NO. 2 (the "Supplemental Indenture") dated
as of October 1, 2009, between PENNSYLVANIA ELECTRIC COMPANY, a
corporation organized and validly existing under the laws of the
Commonwealth of Pennsylvania (the "Company") and THE BANK OF NEW
YORK MELLON, a banking corporation organized and validly existing
under the laws of the State of New York ("BNY Mellon").
WHEREAS,
the Company and BNY Mellon are parties to the Indenture between the
Company and United States Trust Company of New York as Trustee,
where BNY Mellon is Successor Trustee (the “Trustee”),
dated as of April 1, 1999, as heretofore supplemented and amended
by a Supplemental Indenture No.1 dated as of May 1, 2001 (the
"Indenture");
WHEREAS,
pursuant to Section 12.01(a)(10) of the Indenture, the Company,
when authorized by a resolution of the Board of Directors, and the
Trustee, without the consent of the Holders, may enter into a
supplemental indenture for the purpose of amending and making any
change in and to the terms of the Indenture that is not prejudicial
to the Holders of Notes under the Indenture in any material
respect;
WHEREAS, the
Company and the Trustee desire to amend Section 8.09 of the
Indenture, to delete the requirement that only a corporation that
has its principal place of business in the Borough of Manhattan,
The City of New York, State of New York may be eligible to act as
Trustee under the Indenture;
WHEREAS,
the Company has heretofore delivered or is delivering
contemporaneously herewith to the Trustee an Officers’
Certificate and a copy of a Board Resolution of the Company
authorizing the execution, delivery and performance of this
Supplemental Indenture; and
WHEREAS,
all conditions necessary to authorize the execution and delivery of
this Supplemental Indenture and to make this Supplemental Indenture
valid and binding have been complied with or have been done or
performed.
NOW,
THEREFORE, in consideration of the foregoing and other valuable
consideration, the receipt and sufficiency of which is hereby
acknowledged, the Company and the Trustee hereby agree as follows
for the equal and ratable benefit of all Holders of the
Company’s Notes issued under the Indenture:
ARTICLE
I
DEFINITIONS
Section
1.01 General . For all purposes of the Indenture and this
Supplemental Indenture, except as otherwise expressly provided or
unless the context otherwise requires:
(a) the words
"herein", "hereof' and "hereunder" and other words of similar
import refer to the Indenture and this Supplemental Indenture as a
whole and not to any particular Article, Section or subdivision;
and
(b) capitalized
terms used but not defined herein shall have the meanings assigned
to them in the Indenture.
ARTICLE
II
AMENDMENTS
Section
2.01 Amendments . The Indenture is hereby amended in the
following respects:
The second
sentence of the first paragraph of Section 9.09 of the Indenture
shall be