Discover Card Master Trust I Sample Contracts

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and Indenture Trustee CLASS B(2017-1) TERMS DOCUMENT Dated as of May 31, 2017 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (May 31st, 2017)

THIS CLASS B(2017-1) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of May 31, 2017.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS C(2017-1) TERMS DOCUMENT Dated as of May 31, 2017 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (May 31st, 2017)

THIS CLASS C(2017-1) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of May 31, 2017.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2016-3) TERMS DOCUMENT Dated as of April 19, 2016 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (April 19th, 2016)

THIS CLASS A(2016-3) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of April 19, 2016.

Discover Card Master Trust I – OFFICER’S CERTIFICATE (April 14th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVER BANK (Originator and Servicer) DISCOVER FUNDING LLC (Depositor) Underwriting Agreement (Standard Terms) DiscoverSeries Class A(2016-2) (April 14th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVER BANK (Originator and Servicer) DISCOVER FUNDING LLC (Depositor) Underwriting Agreement (Standard Terms) DiscoverSeries Class A(2016-3) (April 14th, 2016)
Discover Card Master Trust I – OFFICER’S CERTIFICATE (April 14th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2016-3) ASSET BACKED NOTES TERMS AGREEMENT Dated: April 13, 2016 (April 14th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2016-2) TERMS DOCUMENT Dated as of April 19, 2016 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (April 14th, 2016)

THIS CLASS A(2016-2) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of April 19, 2016.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2016-2) ASSET BACKED NOTES TERMS AGREEMENT Dated: April 13, 2016 (April 14th, 2016)

Interest Rate or Formula: One-month LIBOR plus 0.54% per year; provided, that if the sum of one-month LIBOR plus 0.54% is less than 0.00% for any interest accrual period, then the Interest Rate for the Notes for such interest accrual period will be deemed to be 0.00%.

Discover Card Master Trust I – OMNIBUS AMENDMENT TO SPECIFIED TERMS DOCUMENTS (February 24th, 2016)

THIS OMNIBUS AMENDMENT TO SPECIFIED TERMS DOCUMENTS, dated as of February 24, 2016 (this “Agreement”), is entered into between: (i) Discover Card Execution Note Trust, a Delaware statutory trust, as issuer (the “Issuer”), and (ii) U.S. Bank National Association, a national banking association, as indenture trustee under the Indenture referred to below (in such capacity, the “Indenture Trustee”).

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2016-1) TERMS DOCUMENT Dated as of January 28, 2016 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (January 29th, 2016)

THIS CLASS A(2016-1) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of January 28, 2016.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2016-1) ASSET BACKED NOTES TERMS AGREEMENT Dated: January 22, 2016 (January 25th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2016-1) TERMS DOCUMENT Dated as of January 28, 2016 to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (January 25th, 2016)

THIS CLASS A(2016-1) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of January 28, 2016.

Discover Card Master Trust I – OFFICER’S CERTIFICATE (January 25th, 2016)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVER BANK (Originator and Servicer) DISCOVER FUNDING LLC (Depositor) Underwriting Agreement (Standard Terms) (January 25th, 2016)
Discover Card Master Trust I – ASSET REPRESENTATIONS REVIEW AGREEMENT among DISCOVER CARD EXECUTION NOTE TRUST, as Issuer DISCOVER BANK, as Master Servicer and Servicer and FTI CONSULTING, INC., as Asset Representations Reviewer Dated as of January 7, 2016 (January 12th, 2016)

ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of January 7, 2016 (this “Agreement”), among DISCOVER CARD EXECUTION NOTE TRUST (the “Issuer”), a Delaware statutory trust, as Issuer, DISCOVER BANK, a Delaware banking corporation, as Master Servicer and Servicer, and FTI Consulting, Inc. (the “Asset Representations Reviewer”), a Maryland corporation, as Asset Representations Reviewer.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of December 22, 2015 for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of December 22, 2015 (December 23rd, 2015)

THIS SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT (this “Indenture Supplement”) for the DiscoverSeries Notes, by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer” or the “Note Issuance Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of December 22, 2015.

Discover Card Master Trust I – DISCOVER BANK Master Servicer and Servicer DISCOVER FUNDING LLC, Transferor and U.S. BANK NATIONAL ASSOCIATION Trustee on behalf of the Certificateholders THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of December 22, 2015 DISCOVER CARD MASTER TRUST I (December 23rd, 2015)

This THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT, dated as of December 22, 2015 (the “Agreement”), by and between DISCOVER BANK, a Delaware banking corporation (formerly Greenwood Trust Company), as Master Servicer and Servicer (“Discover Bank”), DISCOVER FUNDING LLC, as Transferor (“Discover Funding”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association), as Trustee.

Discover Card Master Trust I – RECEIVABLES SALE AND CONTRIBUTION AGREEMENT between DISCOVER BANK and DISCOVER FUNDING LLC Dated as of December 22, 2015 (December 23rd, 2015)

This Receivables Sale and Contribution Agreement (this “Agreement”) is made as of December 22, 2015, between Discover Bank, a Delaware banking corporation (“Discover Bank”), and Discover Funding LLC, a Delaware limited liability company (“Discover Funding”).

Discover Card Master Trust I – DISCOVER BANK as Master Servicer and Servicer, DISCOVER FUNDING LLC, as Transferor, and U.S. BANK NATIONAL ASSOCIATION as Trustee on behalf of the Certificateholders AMENDED AND RESTATED SERIES SUPPLEMENT Dated as of December 22, 2015 to THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of December 22, 2015 DISCOVER CARD MASTER TRUST I SERIES 2007-CC (December 23rd, 2015)

THIS AMENDED AND RESTATED SERIES SUPPLEMENT, dated as of December 22, 2015 (this “Series Supplement”), by and among DISCOVER BANK, a Delaware banking corporation (“Discover Bank”), as Master Servicer and Servicer, DISCOVER FUNDING LLC, a Delaware limited liability company (“Discover Funding”), as Transferor, and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”), as Trustee under the Third Amended and Restated Pooling and Servicing Agreement, dated as of December 22, 2015, among Discover Bank, as Servicer, Discover Funding, as Transferor, and the Trustee (as amended and supplemented from time to time the “Pooling and Servicing Agreement”), relates to the series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2007-CC COLLATERAL CERTIFICATE (“Series 2007-CC”). Series 2007-CC is an Interchange Series that is a member of Group One of the Discover Card Master Trust I and is eligible for reallocations to and from other Series in Group One. (For purposes of an

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST AMENDED AND RESTATED TRUST AGREEMENT Dated as of December 22, 2015 between DISCOVER FUNDING LLC as Beneficiary, and WILMINGTON TRUST COMPANY, as Owner Trustee (December 23rd, 2015)

AMENDED AND RESTATED TRUST AGREEMENT, dated as of December 22, 2015, between DISCOVER FUNDING LLC a Delaware limited liability company, as Beneficiary (“Discover Funding”), and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as owner trustee for DISCOVER CARD EXECUTION NOTE TRUST (the “Note Issuance Trust”).

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST as Issuer and U.S. BANK NATIONAL ASSOCIATION as Indenture Trustee AMENDED AND RESTATED INDENTURE dated as of December 22, 2015 (December 23rd, 2015)

THIS AMENDED AND RESTATED INDENTURE between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust organized under the laws of the State of Delaware (the “Issuer” or the “Note Issuance Trust”), having its principal office at 1100 N. Market Street Wilmington, Delaware 19890-0001, and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, in its capacity as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of December 22, 2015, and, as of the Effective Date (as defined herein), fully amends and restates that certain Indenture, dated as of July 26, 2007, between the Issuer and the Indenture Trustee (as amended, supplemented or otherwise modified prior to the Effective Date, the “Original Indenture”).

Discover Card Master Trust I – DISCOVER BANK as Master Servicer and Servicer, DISCOVER FUNDING LLC, as Transferor, and U.S. BANK NATIONAL ASSOCIATION as Trustee on behalf of the Certificateholders [FORM OF] AMENDED AND RESTATED SERIES SUPPLEMENT Dated as of December [ ], 2015 to THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of December [ ], 2015 DISCOVER CARD MASTER TRUST I SERIES 2007-CC (December 9th, 2015)

THIS AMENDED AND RESTATED SERIES SUPPLEMENT, dated as of December [    ], 2015 (this “Series Supplement”), by and among DISCOVER BANK, a Delaware banking corporation (“Discover Bank”), as Master Servicer and Servicer, DISCOVER FUNDING LLC, a Delaware limited liability company (“Discover Funding”), as Transferor, and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”), as Trustee under the Third Amended and Restated Pooling and Servicing Agreement, dated as of December [    ], 2015, among Discover Bank, as Servicer, Discover Funding, as Transferor, and the Trustee (as amended and supplemented from time to time the “Pooling and Servicing Agreement”), relates to the series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2007-CC COLLATERAL CERTIFICATE (“Series 2007-CC”). Series 2007-CC is an Interchange Series that is a member of Group One of the Discover Card Master Trust I and is eligible for reallocations to and from other Series in Group One. (For purpos

Discover Card Master Trust I – DISCOVER BANK as Master Servicer and Servicer, DISCOVER FUNDING LLC, as Transferor, and U.S. BANK NATIONAL ASSOCIATION as Trustee on behalf of the Certificateholders [FORM OF] AMENDED AND RESTATED SERIES SUPPLEMENT Dated as of [December 1], 2015 to THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of [December 1], 2015 DISCOVER CARD MASTER TRUST I SERIES 2007-CC (November 20th, 2015)

THIS AMENDED AND RESTATED SERIES SUPPLEMENT, dated as of [December 1], 2015 (this “Series Supplement”), by and among DISCOVER BANK, a Delaware banking corporation (“Discover Bank”), as Master Servicer and Servicer, DISCOVER FUNDING LLC, a Delaware limited liability company (“Discover Funding”), as Transferor, and U.S. BANK NATIONAL ASSOCIATION (the “Trustee”), as Trustee under the Third Amended and Restated Pooling and Servicing Agreement, dated as of [December 1], 2015, among Discover Bank, as Servicer, Discover Funding, as Transferor, and the Trustee (as amended and supplemented from time to time the “Pooling and Servicing Agreement”), relates to the series of Master Trust Certificates to be known as the DISCOVER CARD MASTER TRUST I, SERIES 2007-CC COLLATERAL CERTIFICATE (“Series 2007-CC”). Series 2007-CC is an Interchange Series that is a member of Group One of the Discover Card Master Trust I and is eligible for reallocations to and from other Series in Group One. (For purposes of

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2015-4) TERMS DOCUMENT Dated as of November 5, 2015 to AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of June 4, 2010 for the DiscoverSeries Notes to INDENTURE Dated as of July 26, 2007 (November 6th, 2015)

THIS CLASS A(2015-4) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of November 5, 2015.

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVERSERIES Class A(2015-4) ASSET BACKED NOTES TERMS AGREEMENT Dated: October 29, 2015 (October 30th, 2015)
Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST DISCOVER BANK (Depositor) Underwriting Agreement (Standard Terms) (October 30th, 2015)

Discover Card Execution Note Trust, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and Discover Bank (“Discover Bank”), as depositor (in such capacity, the “Depositor”) of the Issuer, propose, subject to the terms and conditions stated herein, to cause to be issued and sold from time to time notes of the series, classes and tranches designated in the applicable Terms Agreement (as hereinafter defined) (the “Notes”). The Notes will be issued pursuant to the Indenture, dated as of July 26, 2007, as amended by the First Amendment to Indenture, dated as of June 4, 2010, as supplemented by the Amended and Restated Indenture Supplement, dated as of June 4, 2010, and a Terms Document having the date stated in the applicable Terms Agreement (as so supplemented and as otherwise modified or amended from time to time, the “Indenture”), between the Issuer and U.S. Bank National Association, as trustee (in such capacity, the “Indenture Trustee”). The Issuer is org

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A(2015-4) TERMS DOCUMENT Dated as of November 5, 2015 to AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of June 4, 2010 for the DiscoverSeries Notes to INDENTURE Dated as of July 26, 2007 (October 30th, 2015)

THIS CLASS A(2015-4) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of November 5, 2015.

Discover Card Master Trust I – [FORM OF] DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS A( - ) TERMS DOCUMENT Dated as of [ ] to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of [ ], 20[ ] for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of [ ], 20[ ] (September 10th, 2015)

THIS CLASS A(    -    ) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of [                    ].

Discover Card Master Trust I – [FORM OF] DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee CLASS C( - ) TERMS DOCUMENT Dated as of [ ] to SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of [ ], 20[ ] for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of [ ], 20[ ] (September 10th, 2015)

THIS CLASS C(    -    ) TERMS DOCUMENT (this “Terms Document”), by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of [                    ].

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST AMENDED AND RESTATED TRUST AGREEMENT Dated as of [ ], 20[ ] between DISCOVER FUNDING LLC as Beneficiary, and WILMINGTON TRUST COMPANY, as Owner Trustee (September 10th, 2015)

AMENDED AND RESTATED TRUST AGREEMENT, dated as of [            ], 20[    ], between DISCOVER FUNDING LLC a Delaware limited liability company, as Beneficiary (“Discover Funding”), and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as owner trustee for DISCOVER CARD EXECUTION NOTE TRUST (the “Note Issuance Trust”).

Discover Card Master Trust I – DISCOVER BANK Master Servicer and Servicer DISCOVER FUNDING LLC, Transferor and U.S. BANK NATIONAL ASSOCIATION Trustee on behalf of the Certificateholders [FORM OF] THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT Dated as of [ ], 20[ ] DISCOVER CARD MASTER TRUST I (September 10th, 2015)

This THIRD AMENDED AND RESTATED POOLING AND SERVICING AGREEMENT, dated as of [            ], 20[    ] (the “Agreement”), by and between DISCOVER BANK, a Delaware banking corporation (formerly Greenwood Trust Company), as Master Servicer and Servicer (“Discover Bank”), DISCOVER FUNDING LLC, as Transferor (“Discover Funding”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America (formerly First Bank National Association, successor trustee to Bank of America Illinois, formerly Continental Bank, National Association), as Trustee.

Discover Card Master Trust I – [FORM OF] RECEIVABLES SALE AND CONTRIBUTION AGREEMENT between DISCOVER BANK and DISCOVER FUNDING LLC Dated as of [ ], 20[ ] (September 10th, 2015)

This Receivables Sale and Contribution Agreement (this “Agreement”) is made as of [            ], 20[    ], between Discover Bank, a Delaware banking corporation (“Discover Bank”), and Discover Funding LLC, a Delaware limited liability company (“Discover Funding”).

Discover Card Master Trust I – DISCOVER CARD EXECUTION NOTE TRUST Issuer and U.S. BANK NATIONAL ASSOCIATION Indenture Trustee [FORM OF] SECOND AMENDED AND RESTATED INDENTURE SUPPLEMENT Dated as of [ ], 20[ ] for the DiscoverSeries Notes to AMENDED AND RESTATED INDENTURE Dated as of [ ], 20[ ] (September 10th, 2015)

THIS AMENDED AND RESTATED INDENTURE SUPPLEMENT (this “Indenture Supplement”) for the DiscoverSeries Notes, by and between DISCOVER CARD EXECUTION NOTE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer” or the “Note Issuance Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, as Indenture Trustee (the “Indenture Trustee”), is made and entered into as of June 4, 2010.