EUREX

Schedule 1

Pledges relating to Securities in (non-CmaX and CmaX) Luxembourg Securities

Accounts held by the Clearing Member

This Schedule 1 (the “Schedule 1”) is entered into

BETWEEN:

(1) the Clearing Member (as defined above in the Agreement), as pledgor (the
“Pledgor’); and

(2) Eurex Clearing Aktiengesellschaft, a stock company (Aktiengesellschaft)
incorporated under the laws of the Federal Republic of Germany, registered in the
commercial register of the local court (Amtsgericht) in Frankfurt am Main under
HRB 44828 and having its registered office at Mergenthalerallee 61,

65760 Eschborn, Federal Republic of Germany, as pledgee (“Eurex Clearing AG”
or the “Pledgee”).

The Pledgor and Eurex Clearing AG are hereinafter also referred to as the “Parties” and each of them

as a “Party”.

The Parties agree as follows:

11

Definitions and Interpretation

Definitions

Unless the context requires otherwise, terms used but not defined in this Schedule shall
have the meaning given to them (including by way of reference therein) in the text of the
Agreement to which this Schedule 1 is attached and:

“Agreement’ refers to the agreement to which this Schedule 1 is attached.

“CBF” Clearst Banking AG_-Frankfurt, i ted.

z pany ‘Or
ki lischaftunder the 4: f the Federal blic-of G having it

“CBL’ means Clearstream Banking S.A., a company incorporated as a société anonyme
under the laws of the Grand Duchy of Luxembourg, having its registered office at

42, avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Register
of Commerce and Companies under number B-9248.

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Member shall not, for the duration of any such pledge, permit any such claims
to arise without the prior consent of Eurex Clearing AG;

(ii) at the time it enters into this Agreement:

(a)

(b)

(c)

(d)

(e)

(g)

(hy

it has the power to enter into, deliver and perform this Agreement and any other
documentation relating to this Agreement to which it is a party and has taken all
necessary action to authorise such execution, delivery and performance;

its entry into, delivery and performance of this Agreement and any other
documentation relating to this Agreement to which it is a party do not conflict
with any law or regulation applicable to it, any provision of its constitutional
documents, any order or judgment of any court or other agency of government
applicable to it or any of its assets or any agreement or instrument by which it is
bound or which affects any of its assets;

it has all governmental and other consents that are required to have been
obtained by it with respect to its entry into and performance of this Agreement
and are in full force and effect and all conditions of any such consents have
been complied with;

no order has been made or applied for or resolution passed for the suspension
of payments or dissolution, termination of existence, liquidation, winding-up,
bankruptcy, insolvency, judicial management or curatorship, in each case, with
respect to it;

no moratorium in respect of all or any debts or a composition or an arrangement
with creditors or any similar proceeding or arrangement by which its assets are
submitted to the control of its creditors is ordered, declared or applied for, in
each case, with respect to it;

no liquidator, trustee, administrator, receiver or similar officer has been
appointed in respect of it or in respect of all or a substantial part of its assets;

it is able to pay its debts as and when they fall due, will not become unable to
pay its debts as a consequence of entering into this Agreement; and

no event has occurred or circumstance arisen with respect to it which, had the
Parties already entered into this Agreement, might (whether or not with the
giving of notice and/or the passage of time and/or the fulfilment of any other
requirement) constitute a Termination Event or Insolvency Termination Event
with respect to the Clearing Member.

[4.2 Representations of the Third-Party CM Account Holder

The Third-Party CM Account Holder represents and warrants by way of an independent
guarantee and irrespective of fault (se/bstandiges, verschuldensunabhangiges
Garantieversprechen) to Eurex Clearing AG that, at the time it enters into this Agreement:

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which are at present or are in the future deposited in any such Luxembourg ISA
Pledged Securities Account(s)-fineluding-any distributh vel h iti

{ii)__if the Luxembourg ISA Pledged Securities Account is an account of the Third-
Party CM Account Holder, the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg ISA Pledged Securities Account(s); the Third-Party CM Account
Holder, as Third-Party CM Account Holder (“tiers détenteur de gage” within the
meaning of article 5 (2) (a) (iv) of the Luxembourg law on financial collateral
arrangements) hereby (i) acknowledges the pledge created by the Clearing
Member in favour of Eurex Clearing AG over the securities of the Clearing
Member deposited from time to time to the credit of the Third-Party CM Account
Holder's relevant Luxembourg ISA Pledged Securities Account(s), pursuant to.
and in accordance with, Schedule 2 hereto and (ii) agrees to hold such pledged
assets from time to time standing to the credit of the Third-Party CM Account
Holder's relevant Luxembourg ISA Pledged Securities Account (s) for the
benefit of the Clearing Member, as owner of the pledged assets and pledgor,
and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg ISA Pledged Securities Account(s) in the name
of a Third-Party CM Account Holder,] hereby undertakes to issue all relevant notices
to, and obtain all relevant acknowledgements; from, CBL for the perfection of such
pledge, as further set out in Schedule 1 [and Schedule 2] hereto[, as applicable].

(2) If one or more Luxembourg CmaX ISA Pledged Securities Accounts have been
established pursuant to Clause 2.1.2, in order to provide Margin for ISA Transactions
in accordance with Chapter | Part 1 Number 3 and Part 4 Number 6 of the Clearing
Conditions by use of Cmax,

(i)__if the Luxembourg Cmax ISA Pledged Securities Account is an account of the
Clearing Member,] the Clearing Member hereby pledges to Eurex Clearing AG
pursuant to, and in accordance with, Schedule 1 of this Agreement all securities
which are at present or are in the future deposited in any such Luxembourg
Cmax ISA Pledged Securities Account(s)-neliding-any_distributions-under

h ities to the extent permitted by, and provided in, Schedule-t)[and

(ii)__if the Luxembourg Cmax ISA Pledged Securities Account is an account of the
Third-Party CM Account Holder, the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg Cmax ISA Pledged Securities Account(s); the Third-Party CM
Account Holder, as Third-Party CM Account Holder (“tiers détenteur de gage”
within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on financial
collateral arrangements) hereby (i) acknowledges the pledge created by the
Clearing Member in favour of Eurex Clearing AG over the securities of the

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“CBL Governing Documents” means the Governing Documents of CBL, as defined in
the general terms and conditions of CBL to which the Pledged Securities Account is
subject.

“CmaX Pledged Account” has the meaning given to it in Clause 3.

“Collateral Management Service Agreements” means, in particular as regards the
collateral provided under Clauses 3 and 4 of this Schedule, (i) the Global cottaterat
Collateral management Management service Service agreement Agreement for multiple
settlement locations (collateral giver version)f Hateral-gi , including any relevant
Appendix thereto, in particular Appendices A and C (Triparty Collateral Management
Service (Cmax) Product Guide) and the AutoAssign Supplement to the collateral
management service agreement between CBL and the Pledgor as collateral giver, as
may be amended by CBL and the Pledgor from time to time by way of side letter or
otherwise (the “Collateral Management Service Agreement for Collateral Givers"),
and (ii) the Global Collateral Management Service Agreement for multiple settlement
locations (collateral receiver version)colaterat a 7 4
collateral receivers— including any relevant Appendix thereto, in particular Appendices A
and C (Triparty Collateral Management Service (Cmax) Product Guide) between CBL
and the Pledgee as collateral receiver, as may be amended by CBL and the Pledgee
from time to time by way of side letter or otherwise (the “Collateral Management
Service Agreement for Collateral Receivers’). “Collateral Management Service
Agreement” means any of the Collateral Management Service Agreement for Collateral
Givers or the Collateral Management Service Agreement for Collateral Receivers or the
relevant of them, as the context requires.

“Distributions” mean al-any assets-cash received or receivable from time to time by the
Pledgor in respect of the Securities, whether by way of principal, premium, interest,
dividend, return on capital or otherwise.

“Enforcement Event” means

i the non-delivery or non-payment of the Relevant Secured Liabilities on the due
date of the relevant delivery or payment obligation; or

(ii) irrespective of, including prior to the occurrence of, any of the events referred to

(a) with respect to Luxembourg Pledged Securities Accounts, Luxembourg
Cmax Pledged Securities Accounts or CBL GC Pooling Re-use Pledged
Securities Account(s), upon the occurrence of a Termination Event or an
Insolvency Termination Event and a Clearing Member Termination Date
with respect to the Proprietary Standard Agreement of the Clearing
Member;

(b) with respect to Luxembourg Omnibus Pledged Securities Accounts or
Luxembourg CmaX Omnibus Pledged Securities Accounts, upon the
occurrence of a Termination Event or an Insolvency Termination Event

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be affected. Such invalid, illegal or unenforceable provision shall be replaced by means of
supplementary interpretation (erganzende Vertragsauslegung) by a valid, legal and
enforceable provision, which most closely approximates the Parties’ commercial

intention. This shall also apply mutatis mutandis to any gaps (Vertragsiticken) in this
Agreement.

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2.5
2.5.1

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If the Clearing Member, SIX SIS AG and Eurex Clearing AG have already entered into a
control agreement in respect of the relevant Swiss Pledged Securities Account(s), the
Swiss Omnibus Pledged Securities Account(s), the Swiss CASS Omnibus Pledged
Securities Account(s), the Swiss ISA Pledged Securities Account(s), the Swiss ISA CASS
Pledged Securities Account(s), the Swiss Default Fund Pledged Securities Account or the
Swiss Clearing Agent Pledged Securities Account(s), the Clearing Member and Eurex
Clearing AG agree that such control agreement shall also serve as the control agreement
for the perfection of the pledge granted under this Agreement in respect of all securities
which are at present or are in the future deposited in such Swiss Pledged Securities
Account(s), Swiss Omnibus Pledged Securities Account(s), Swiss CASS Omnibus
Pledged Securities Account(s), Swiss ISA Pledged Securities Account(s), Swiss ISA
CASS Pledged Securities Account(s), Swiss Default Fund Pledged Securities Account or
Swiss Clearing Agent Pledged Securities Account(s).

Security Purpose (Sicherungszweck) of the Pledges

The pledges of the Securities pursuant to Clauses 2.2.1 and/or 2.2.4 (each in connection
with 2.2.11 and 2.2.12), and/or 2.4.1 (in connection with 2.4.8) shall secure the Secured
Claims pursuant to Chapter | Part 2 Subpart A Number 4.3.3 Paragraph (1) of the
Clearing Conditions (including any Secured CASS Omnibus Claims).

The pledges of the Securities pursuant to Clause 2.2.2 and/or 2.2.5 (each in connection
with 2.2.12), and/or 2.4.2 (in connection with 2.4.8) shall secure the Secured Omnibus
Claims (as defined in Chapter | Part 2 Subpart A Number 4.3.3 Paragraph (1) (ii) of the
Clearing Conditions) (other than any Secured CASS Omnibus Claims).

The pledges of the Securities pursuant to Clause 2.2.3 and/or 2.2.6 (each in connection
with 2.2.12), and/or 2.4.3 (in connection with 2.4.8) shall secure the Secured CASS
Omnibus Claims with respect to the Omnibus Standard Agreement of the Clearing
Member for its CASS Transactions or, in the case of more than one Omnibus Standard
Agreement of the Clearing Member for its CASS Transactions, with respect to all
Omnibus Standard Agreements for CASS Transactions of the Clearing Member.

The pledges of the Securities pursuant to Clause 2.2.7 and/or 2.2.9 (each in connection
with 2.2.12) and/or 2.4.4 (in connection with 2.4.8) shall secure the Secured ISA Claims
with respect to all ISA Standard Agreements of the Clearing Member (other than, in each
case, any ISA Standard Agreement of the Clearing Member for its ISA CASS.
Transactions).

The pledges of the Securities pursuant to Clause 2.2.8 and/or 2.2.10 (each in connection
with 2.2.12) and/or 2.4.5 (in connection with 2.4.8) shall secure the Secured ISA CASS
Claims with respect to all ISA Standard Agreements of the Clearing Member for its ISA
CASS Transactions.

The pledges of the Swiss intermediated Securities pursuant to Clause 2.4.6 (in
connection with 2.4.8) shall secure all present and future Default Fund Secured Claims of
Eurex Clearing AG.

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(2)

notices to, and obtain all relevant acknowledgements from, CBL for the perfection of
such pledge, as further set out in Schedule 1 [and Schedule 2] hereto], as

applicable].

If one or more Luxembourg Cmax ISA CASS Pledged Securities Accounts have
been established pursuant to Clause 2.1.2, in order to provide Margin for ISA CASS
Transactions in accordance Chapter | Part 1 Number 3 and Part 4 Number 6 and
Number 14 of the Clearing Conditions by use of Cmax,

(i)__if the Luxembourg Cmax ISA CASS Pledged Securities Account is an account
of the Clearing Member,] the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 1 of this Agreement
all securities which are at present or are in the future deposited in the
Luxembourg Cmax ISA CASS Pledged Securities Account(s) fineluding-any

distributi d h ities to the-extent itted-by-and ded
P 7 P
Schedule[; and

(ii)__if the Luxembourg Cmax ISA CASS Pledged Securities Account is an account
of the Third-Party CM Account Holder, the Clearing Member hereby pledges to
Eurex Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg CmaX ISA CASS Pledged Securities Account(s); the Third-Party
CM Account Holder, as Third-Party CM Account Holder (“tiers détenteur de
gage’ within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on
financial collateral arrangements) hereby (i) acknowledges the pledge created
by the Clearing Member in favour of Eurex Clearing AG over the securities of
the Clearing Member deposited from time to time to the credit of the Third-Party
CM Account Holder's relevant Luxembourg Cmax ISA CASS Pledged
Securities Account(s), pursuant to, and in accordance with, Schedule 2 hereto
and (ii) agrees to hold such pledged assets from time to time standing to the
credit of the Third-Party CM Account Holder's relevant Luxembourg CmaX ISA
CASS Pledged Securities Account(s) for the benefit of the Clearing Member, as
owner of the pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg CmaX ISA CASS Pledged Securities Account(s)
in the name of a Third-Party CM Account Holder,] hereby undertakes to issue all
relevant notices to, and obtain all relevant acknowledgements from, CBL for the
perfection of such pledge, as further set out in Schedule 1 [and Schedule 2] heretoj,

as applicable].

24 Pledges of Securities in Swiss Accounts

2.4.1 Elementary Clearing Model Provisions — Own Transactions and Omnibus
Transactions
If one or more Swiss Pledged Securities Accounts have been established pursuant to
Clause 2.1.3, in order to provide Proprietary Margin in accordance with Chapter | Part 1
Number 3 and Part 2 Subpart A Number 4 of the Clearing Conditions, the Clearing

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Clearing Member deposited from time to time to the credit of the Third-Party CM
Account Holder's relevant Luxembourg Cmax ISA Pledged Securities
Account(s), pursuant to, and in accordance with, Schedule 2 hereto and (ii)
agrees to hold such pledged assets from time to time standing to the credit of
the Third-Party CM Account Holder's relevant Luxembourg CmaX ISA Pledged
Securities Account(s) for the benefit of the Clearing Member, as owner of the
pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg CmaX ISA Pledged Securities Account(s) in the
name of a Third-Party CM Account Holder,] hereby undertakes to issue all relevant
notices to, and obtain all relevant acknowledgements from, CBL for the perfection of
such pledge, as further set out in Schedule 1 [and Schedule 2] hereto[, as

applicable].

2.3.5 ISA Provisions — ISA CASS Transactions

(1) If one or more Luxembourg ISA CASS Pledged Securities Accounts have been
established pursuant to Clause 2.1.2, in order to provide Margin for ISA CASS
Transactions in accordance with Chapter | Part 1 Number 3 and Part 4 Number 6
and Number 14 of the Clearing Conditions,

(i)__if the Luxembourg ISA CASS Pledged Securities Account is an account of the
Clearing Member], the Clearing Member hereby pledges to Eurex Clearing AG
pursuant to, and in accordance with, Schedule 1 of this Agreement all securities
which are at present or are in the future deposited in the Luxembourg ISA

CASS Pledged Securities Account(s)-fincluding-any-distributions-under-such

ities to the-extent itted_b: d idedi hedulet)[
Pi iF

p 7 [and

(ii)__if the Luxembourg ISA CASS Pledged Securities Account is an account of the
Third-Party CM Account Holder, the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg ISA CASS Pledged Securities Account(s); the Third-Party CM
Account Holder, as Third-Party CM Account Holder (“tiers détenteur de gage”
within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on financial
collateral arrangements) hereby (i) acknowledges the pledge created by the
Clearing Member in favour of Eurex Clearing AG over the securities of the
Clearing Member deposited from time to time to the credit of the Third-Party CM
Account Holder's relevant Luxembourg ISA CASS Pledged Securities
Account(s), pursuant to, and in accordance with, Schedule 2 hereto and (ii)
agrees to hold such pledged assets from time to time standing to the credit of
the Third-Party CM Account Holder's relevant Luxembourg ISA CASS Pledged
Securities Account(s) for the benefit of the Clearing Member, as owner of the
pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg ISA CASS Pledged Securities Account(s) in the
name of a Third-Party CM Account Holder,] hereby undertakes to issue all relevant

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AUTHORISED SIGNATURES

to the Agreement relating to pledges of Eligible Margin Assets in the form of Securities

[insert legal name] (as Clearing Member) (place) (date)
(signature) (signature)
(printed name) (printed name)
(title) (title)
Eurex Clearing AG
(place) (date)
(signature) (signature)
(printed name) (printed name)
(title) (title)
[linsert legal name] (as Third-Party CM Account Holder) (place) (date)
(signature) (signature)
(printed name) (printed name)
(title) (titleyy*

“To be included if a Third-Party CM Account Holder is a party to the Agreement,

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2.4.5

2.4.6

2.4.7

2.4.8

ISA Provisions — ISA CASS Transactions

If one or more Swiss ISA CASS Pledged Securities Accounts have been established
pursuant to Clause 2.1.3, in order to provide Margin for ISA CASS Transactions in
accordance with Chapter | Part 1 Number 3 and Part 4 Number 6 and Number 14 of the
Clearing Conditions, the Clearing Member hereby pledges to Eurex Clearing AG all
securities which are at present or are in the future deposited in the Swiss ISA CASS
Pledged Securities Account(s).

The Clearing Member further undertakes to enter into a control agreement between the
Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which
are at present or are in the future deposited in the Swiss ISA CASS Pledged Securities
Account(s).

Contributions to the Default Fund/Swiss Default Fund Pledged Securities Account

If the Swiss Default Fund Pledged Securities Account has been established pursuant to
Clause 2.1.3, in order to make Contributions to the Default Fund in accordance with the
General Clearing Provisions, the Clearing Member hereby pledges to Eurex Clearing AG
Swiss intermediated securities which are at present or are in the future deposited in the
Swiss Default Fund Pledged Securities Account.

The Clearing Member further undertakes to enter into a control agreement between the
Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which
are at present or are in the future deposited in the Swiss Default Fund Pledged Securities
Account.

Contributions to the Default Fund/Swiss Clearing Agent Pledged Securities
Account(s)

If one or more Swiss Clearing Agent Pledged Securities Account(s) have been
established pursuant to Clause 2.1.3, the Clearing Member, acting as Clearing Agent,
pledges to Eurex Clearing AG Swiss intermediated securities which are at present or are
in the future deposited in the Swiss Clearing Agent Pledged Securities Account(s).

The Clearing Member in its capacity as Clearing Agent further undertakes to enter into a
control agreement between the Clearing Member, SIX SIS AG and Eurex Clearing AG in
respect of all securities which are at present or are in the future deposited in the Swiss
Clearing Agent Pledged Securities Account(s).

Common provisions for each of the pledges granted pursuant to Clauses 2.4.1
to 2.4.7

Upon the relevant pledge granted pursuant to Clauses 2.4.1 to 2.4.7 becoming
enforceable, Eurex Clearing AG may sell the pledged securities (that are the subject of
the relevant pledge) without prior notice in a private sale or may appropriate such
securities in whole or in part. The appropriation right expires upon it being exercised by
Eurex Clearing AG or upon the sale of the pledged securities.

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Chapter | Part 1 Number 3 and Part 2 Subpart A Number 4 of the Clearing
Conditions,

0)

[if the CBL GC Pooling Re-use Pledged Securities Account is an account of the

(ii)

Clearing Member,] the Clearing Member hereby pledges to Eurex Clearing AG

pursuant to, and in accordance with, Schedule 1 of this Agreement all securities

which are at present or are in the future deposited in any such CBL GC Pooling

Re-use Pledged Securities Account(s)-inchuding cissouth 4 4
ti , ideal i i.

if the CBL GC Pooling Re-use Pledged Securities Account is an account of the

Third-Party CM Account Holder, the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such CBL
GC Pooling Re-use Pledged Securities Account(s); the Third-Party CM Account
Holder, as Third-Party CM Account Holder (“tiers détenteur de gage” within the
meaning of article 5 (2) (a) (iv) of the Luxembourg law on financial collateral
arrangements) hereby (i) acknowledges the pledge created by the Clearing
Member in favour of Eurex Clearing AG over the securities of the Clearing
Member deposited from time to time to the credit of the Third-Party CM Account
Holder's relevant CBL GC Pooling Re-use Pledged Securities Account(s),
pursuant to, and in accordance with, Schedule 2 hereto and (ii) agrees to hold
such pledged assets from time to time standing to the credit of the Third-Party
CM Account Holder's relevant CBL GC Pooling Re-use Pledged Securities
Account(s) for the benefit of the Clearing Member, as owner of the pledged
assets and pledgor, and Eurex Clearing AG, as pledgee.]

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of CBL GC Pooling Re-use Pledged Securities Account(s) in the

name of a Third-Party CM Account Holder,] hereby undertakes to issue all relevant

notices to, and obtain all relevant acknowledgements, CBL for the perfection of such
pledge, as further set out in Schedule 1 [and Schedule 2] hereto[, as applicable].

2.3.2 Elementary Clearing Model Provisions — Omnibus Transactions

(1)_(4}1f one or more Luxembourg Omnibus Pledged Securities Accounts have been
established pursuant to Clause 2.1.2, in order to provide Omnibus Margin in
accordance with Chapter | Part 1 Number 3 and Part 2 Subpart A Number 4 of the
Clearing Conditions,

fi)

[if the Luxembourg Omnibus Pledged Securities Account is an account of the

(ii)

Clearing Member,] the Clearing Member hereby pledges to Eurex Clearing AG

pursuant to, and in accordance with, Schedule 1 of this Agreement all securities
which are at present or are in the future deposited in the Luxembourg Omnibus
Pledged Securities Account(s)-fincluding-any-distributi a + Hi

to-the-extent- permitted by,and provided in, Schedule-+)[; and

if the Luxembourg Omnibus Pledged Securities Account is an account of the

Third-Party CM Account Holder, the Clearing Member hereby pledges to Eurex

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34

3.2

2] hereto and, in the case of any Swiss pledge, the related control agreement) with any
relevant competent authority or any relevant competent register, and will evidence the
due filing and registration of such security interest to Eurex Clearing AG.

Limitation on Realisation of the Pledged Securities

Pledged Securities deposited in German Securities Accounts

If one or more German Omnibus Pledged Securities Accounts, Xemac-German Cmax
Omnibus Pledged Securities Accounts, German CASS Omnibus Pledged Securities
Accounts, Xeraac-German CmaX CASS Omnibus Pledged Securities Accounts, German
ISA Pledged Securities Accounts, Xermac-German Cmax ISA Pledged Securities
Accounts, German ISA CASS Pledged Securities Accounts and/or Xerac-German Cmax
ISA CASS Pledged Securities Accounts have been established pursuant to Clause 2.1.1
and, in the systems of Eurex Clearing AG, any pledged securities deposited in any such
account(s) are allocated to a particular Omnibus Standard Agreement or ISA Standard
Agreement, Eurex Clearing AG shall, upon any of the pledges pursuant to Clause 2.2.1 to
2.2.10 becoming enforceable (Pfandreife), only enforce the pledge with respect to such
pledged securities, and only apply any proceeds from the enforcement of the pledge over
such pledged securities, to satisfy those Secured Omnibus Claims (other than Secured
CASS Omnibus Claims) that relate to such particular Omnibus Standard Agreement,
those Secured CASS Omnibus Claims that relate to such particular Omnibus Standard
Agreement for CASS Transactions, those Secured ISA Claims (other than Secured ISA
CASS Claims) that relate to such particular ISA Standard Agreement or those Secured
ISA CASS Claims that relate to such particular ISA Standard Agreement for ISA CASS
Transactions, respectively.

Pledged Securities deposited in Luxembourg Securities Accounts

If one or more Luxembourg Omnibus Pledged Securities Accounts, CmaX Omnibus
Pledged Securities Accounts, Luxembourg CASS Omnibus Pledged Securities Accounts,
Luxembourg CmaX CASS Omnibus Pledged Securities Accounts, Luxembourg ISA
Pledged Securities Accounts, Luxembourg CmaX ISA Pledged Securities Accounts,
Luxembourg ISA CASS Pledged Securities Accounts and/or Luxembourg CmaxX ISA
CASS Pledged Securities Accounts have been established pursuant to Clause 2.1.2 and,
in the systems of Eurex Clearing AG, any pledged securities deposited in any such
account(s) are allocated to a particular Omnibus Standard Agreement or ISA Standard
Agreement, Eurex Clearing AG shall, upon the relevant pledge pursuant to Clauses 2.3.1
to 2.3.5 becoming enforceable, only enforce the pledge with respect to such pledged
securities, and only apply any proceeds from the enforcement of the pledge over such
pledged securities, to satisfy those Secured Omnibus Claims (other than Secured CASS
Omnibus Claims) that relate to such particular Omnibus Standard Agreement, those
Secured CASS Omnibus Claims that relate to such particular Omnibus Standard
Agreement for CASS Transactions, those Secured ISA Claims (other than Secured ISA
CASS Claims) that relate to such particular ISA Standard Agreement or those Secured
ISA CASS Claims that relate to such particular ISA Standard Agreement for ISA CASS
Transactions, respectively.

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2.5.7

2.6

2.6.1

2.6.2

2.6.3

2.6.4

2.7

The pledges of the Swiss intermediated Securities pursuant to Clause 2.4.7 (in
connection with 2.4.8) shall secure all present and future Default Fund Secured Claims of
Eurex Clearing AG in respect of all ISA Direct Clearing Members of the Clearing Member
acting as Clearing Agent.

The pledges of the Securities pursuant to Clause 2.3 shall secure the claims of Eurex
Clearing AG identified in Schedule 1_[and Schedule 2, respectively].

References

The Parties further agree that:

references in the Clearing Conditions to Margin, Proprietary Margin and Omnibus Margin
(other than in connection with CASS Transactions), respectively, that relate to Eligible
Margin Assets in the form of Securities for purposes of the Elementary Clearing Model
Provisions shall include references to Securities that are subject to those pledges granted
pursuant to or in accordance with Clauses 2.2 to 2.4 above that refer to Margin,
Proprietary Margin and Omnibus Margin (other than Omnibus Margin for CASS.
Transactions), respectively, to be granted in accordance with Chapter | Part 1 Number 3
and Part 2 Subpart A Number 4 of the Clearing Conditions;

references in the Clearing Conditions to Omnibus Margin in connection with CASS
Transactions that relate to Eligible Margin Assets in the form of Securities shall include
references to Securities that are subject to those pledges granted pursuant to or in
accordance with Clauses 2.2 to 2.4 above that refer to Omnibus Margin for CASS.
Transactions to be granted in accordance with Chapter | Part 1 Number 3 and Part 2
Subpart D (in connection with Subpart C) of the Clearing Conditions;

references in the Clearing Conditions to Margin (other than in connection with ISA CASS
Transactions) that relate to Eligible Margin Assets in the form of Securities for purposes
of the ISA Provisions shall include references to Securities that are subject to those
pledges granted pursuant to or in accordance with Clauses 2.2 to 2.4 above that refer to
Margin to be granted in accordance with Chapter | Part 1 Number 3 and Part 4 Number 6
of the Clearing Conditions; and

references in the Clearing Conditions to Margin in connection with ISA CASS
Transactions that relate to Eligible Margin Assets in the form of Securities for purposes of
the ISA Provisions shall include references to Securities that are subject to those pledges
granted pursuant to or in accordance with Clauses 2.2 to 2.4 above that refer to Margin
for ISA CASS Transactions to be granted in accordance with Chapter | Part 1 Number 3
and Part 4 Numbers 6 and 14 of the Clearing Conditions.

Registration

To the extent required by applicable law for the valid creation and/or enforceability of a
security interest and without prejudice to any undertakings set out in this Agreement
relating to the perfection of pledgesGlause-2.3.6, the Clearing Member will arrange for the
due filing and registration of any security interest granted pursuant to or in accordance
with Clauses 2.2 to 2.4 (where relevant, in connection with Schedule 1 [and/or Schedule

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2.4.2

2.4.3

2.4.4

Member hereby pledges to Eurex Clearing AG all securities which are at present or are in
the future deposited in any such Swiss Pledged Securities Account.

The Clearing Member further undertakes to enter into a control agreement between the
Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which
are at present or are in the future deposited in the Swiss Pledged Securities Account(s).

Elementary Clearing Model Provisions —- Omnibus Transactions

If one or more Swiss Omnibus Pledged Securities Accounts have been established
pursuant to Clause 2.1.3, in order to provide Omnibus Margin if the Asset Based
Allocation is the Applicable Allocation Method, in accordance with Chapter | Part 1
Number 3 and Part 2 Subpart A Number 4 of the Clearing Conditions, the Clearing
Member hereby pledges to Eurex Clearing AG all securities which are at present or are in
the future deposited in any such Swiss Omnibus Pledged Securities Account(s).

The Clearing Member further undertakes to enter into an additional control agreement
between the Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all
securities which are at present or are in the future deposited in the Swiss Omnibus
Pledged Securities Account(s).

Elementary Clearing Model Provisions — CASS Transactions

If one or more Swiss CASS Omnibus Pledged Securities Accounts have been
established pursuant to Clause 2.1.3, in order to provide Omnibus Margin for CASS
Transactions in accordance with Chapter | Part 1 Number 3 and Part 2 Subpart D (in
connection with Subpart C) of the Clearing Conditions, the Clearing Member hereby
pledges to Eurex Clearing AG all securities which are at present or are in the future
deposited in any such Swiss CASS Omnibus Pledged Securities Account(s).

The Clearing Member further undertakes to enter into a control agreement between the
Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which
are at present or are in the future deposited in the Swiss CASS Omnibus Pledged
Securities Account(s).

ISA Provisions — ISA Transactions

If one or more Swiss ISA Pledged Securities Accounts have been established pursuant to
Clause 2.1.3, in order to provide Margin for ISA Transactions in accordance with

Chapter | Part 1 Number 3 and Part 4 Number 6 of the Clearing Conditions, the Clearing
Member hereby pledges to Eurex Clearing AG all securities which are at present or are in
the future deposited in any such Swiss ISA Pledged Securities Account(s).

The Clearing Member further undertakes to enter into a control agreement between the
Clearing Member, SIX SIS AG and Eurex Clearing AG in respect of all securities which
are at present or are in the future deposited in the Swiss ISA Pledged Securities
Account(s).

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(2) If one or more Luxembourg CmaX CASS Omnibus Pledged Securities Accounts
have been established pursuant to Clause 2.1.2, in order to provide Omnibus Margin
for CASS Transactions, in accordance with Chapter | Part 1 Number 3 and Part 2
Subpart D (in connection with Subpart C) of the Clearing Conditions by use of
Cmax,

(i)__if the Luxembourg CmaX CASS Omnibus Pledged Securities Account is an

account of the Clearing Member,] the Clearing Member hereby pledges to
Eurex Clearing AG pursuant to, and in accordance with, Schedule 1 of this

Agreement all securities which are at present or are in the future deposited in
the Luxembourg CmaX CASS Omnibus Pledged Securities Account(s)

providedin, Schedulet)[; and

(ii) if the Luxembourg CmaX CASS Omnibus Pledged Securities Account is an
account of the Third-Party CM Account Holder, the Clearing Member hereby
pledges to Eurex Clearing AG pursuant to, and in accordance, with Schedule 2
hereto all securities which are at present or are in the future deposited in any
such Luxembourg CmaX CASS Omnibus Pledged Securities Account(s); the
Third-Party CM Account Holder, as Third-Party CM Account Holder (“tiers
détenteur de gage” within the meaning of article 5 (2) (a) (iv) of the Luxembourg
law on financial collateral arrangements) hereby (i) acknowledges the pledge
created by the Clearing Member in favour of Eurex Clearing AG over the
securities of the Clearing Member deposited from time to time to the credit of
the Third-Party CM Account Holder's relevant Luxembourg CmaX CASS
Omnibus Pledged Securities Account(s), pursuant to, and in accordance with,
Schedule 2 hereto and (ii) agrees to hold such pledged assets from time to time
standing to the credit of the Third-Party CM Account Holder's relevant
Luxembourg CmaX CASS Omnibus Pledged Securities Account(s) for the
benefit of the Clearing Member, as owner of the pledged assets and pledgor,
and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg CmaX CASS Omnibus Pledged Securities
Account(s) in the name of a Third-Party CM Account Holder,] hereby undertakes to
issue all relevant notices to, and obtain all relevant acknowledgements; from, CBL
for the perfection of the pledge, as further set out in Schedule 1 [and Schedule 2]

heretof, as applicable].

2.3.4 ISA Provisions — ISA Transactions

(1) If one or more Luxembourg ISA Pledged Securities Accounts have been established
pursuant to Clause 2.1.2, in order to provide Margin for ISA Transactions in
accordance with Chapter | Part 1 Number 3 and Part 4 Number 6 of the Clearing
Conditions,

(i)__if the Luxembourg ISA Pledged Securities Account is an account of the
Clearing Member,] the Clearing Member hereby pledges to Eurex Clearing AG
pursuant to, and in accordance with, Schedule 1 of this Agreement all securities

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5 Amendments; Execution of this Agreement

51 This Agreement shall be amended pursuant to Chapter | Part 1 Number 17.2 of the
Clearing Conditions, applied mutatis mutandis. For this purpose, the provisions in this
Agreement shall constitute Special Provisions to the extent they relate to the granting of
powers of attorney, the granting of margin or the creation of security interests.

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7A
7.1

7.2

will remain credited to such Securities Account and the Clearing Member shall be free to
instruct CBF, CBL or SIX SIS AG, respectively, to book such Securities from such
Securities Account to any other securities account.

Governing Law; Jurisdiction, Place of Performance; Severability Clause

Governing Law

This Agreement (except for Clauses 2.3, 2.4, 3.2, 3.3, 6 and Schedule 1_[and Schedule
2]) is governed by the substantive laws (Sachrecht), excluding German private
international law, of the Federal Republic of Germany. Clauses 2.3, 3.2 and Schedule 1
fand Schedule 2] are governed by the substantive laws, excluding Luxembourg private
international law, of Luxembourg. Clauses 2.4 and 3.3 are governed by the substantive
laws, excluding Swiss private international law, of Switzerland. Clause 6 shall be
governed by the laws of the jurisdiction governing the pledge to which the relevant
release relates.

Any non-contractual rights and obligations arising out of or in connection with this
Agreement (except for Clauses 2.3, 2.4, 3.2, 3.3 and Schedule 1 [and Schedule 2]) shall
also be governed by the substantive laws (Sachrecht), excluding German private
international law, of the Federal Republic of Germany. Any non-contractual rights and
obligations arising out of or in connection with Clauses 2.3, 3.2 and Schedule 1 [and
Schedule 2] shall be governed by the substantive laws, excluding Luxembourg private
international law, of Luxembourg. Any non-contractual rights and obligations arising out of
or in connection with Clauses 2.4 and 3.3 shall be governed by the substantive laws,
excluding Swiss private international law, of Switzerland.

Jurisdiction

The courts in Frankfurt am Main, Federal Republic of Germany shall have exclusive
jurisdiction (ausschlieBlicher Gerichtsstand) over any action or other legal proceedings
arising out of or in connection with this Agreement (except for Clauses 2.3, 2.4, 3.2, 3.3

and Schedule 1_[and Schedule 2]).

The courts of the City of Luxembourg (Grand Duchy of Luxembourg) shall have exclusive
jurisdiction (ausschlieBlicher Gerichtsstand) over any action or other legal proceedings
arising out of or in connection with Clauses 2.3, 3.2 and Schedule 1 [and Schedule 2] of
this Agreement. The courts of Zurich, Switzerland shall have exclusive jurisdiction
(ausschlieBlicher Gerichtsstand) over any action or other legal proceedings arising out of
or in connection with Clauses 2.4 and 3.3 of this Agreement.

7.3—_Place-of Performance

Theol: f pert hall-be Frankfurtam-Main_Federal Republic-of Gi

FAL3

PF Pe a P Sad

Severability Clause

If any provision contained in this Agreement is or becomes invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall not

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the Third-Party CM Account Holder's relevant Luxembourg CmaX Omnibus
Pledged Securities Account(s) for the benefit of the Clearing Member, as owner
of the pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg CmaX Omnibus Pledged Securities Account(s)
in the name of a Third-Party CM Account Holder,] hereby undertakes to issue all
relevant notices to, and obtain all relevant acknowledgements from, CBL for the
perfection of such pledge, as further set out in Schedule 1 [and Schedule 2] hereto[,
as applicable].

2.3.3 Elementary Clearing Model Provisions —- CASS Transactions

(1)

If one or more Luxembourg CASS Omnibus Pledged Securities Accounts have been
established pursuant to Clause 2.1.2, in order to provide Omnibus Margin for CASS

Transactions in accordance with Chapter | Part 1 Number 3 and Part 2 Subpart D (in
connection with Subpart C) of the Clearing Conditions,

(i)__ lif the Luxembourg CASS Omnibus Pledged Securities Account is an account of
the Clearing Member,] the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 1 of this Agreement
all securities which are at present or are in the future deposited in the
Luxembourg CASS Omnibus Pledged Securities Account(s)-including-any

distributi d h ities-to-the-extent itted-byand ded
pe 7 PI 7
Sehedule-H[; and

(ii) _if the Luxembourg CASS Omnibus Pledged Securities Account is an account of
the Third-Party CM Account Holder, the Clearing Member hereby pledges to
Eurex Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg CASS Omnibus Pledged Securities Account(s); the Third-Party
CM Account Holder, as Third-Party CM Account Holder (“tiers détenteur de
gage” within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on
financial collateral arrangements) hereby (i) acknowledges the pledge created
by the Clearing Member in favour of Eurex Clearing AG over the securities of
the Clearing Member deposited from time to time to the credit of the Third-Party
CM Account Holder's relevant Luxembourg CASS Omnibus Pledged Securities
Account(s), pursuant to, and in accordance with, Schedule 2 hereto and (ii)
agrees to hold such pledged assets from time to time standing to the credit of
the Third-Party CM Account Holder's relevant Luxembourg CASS Omnibus
Pledged Securities Account(s) for the benefit of the Clearing Member, as owner
of the pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg CASS Omnibus Pledged Securities Account(s)
in the name of a Third-Party CM Account Holder,] hereby undertakes to issue all
relevant notices to, and obtain all relevant acknowledgements from, CBL for the
perfection of such pledge, as further set out in Schedule 1 [and Schedule 2] hereto[,
as applicable].

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Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg Omnibus Pledged Securities Account(s); the Third-Party CM
Account Holder, as Third-Party CM Account Holder (“tiers détenteur de gage”
within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on financial
collateral arrangements) hereby (i) acknowledges the pledge created by the
Clearing Member in favour of Eurex Clearing AG over the securities of the
Clearing Member deposited from time to time to the credit of the Third-Party CM
Account Holder's relevant Luxembourg Omnibus Pledged Securities
Account(s), pursuant to, and in accordance with, Schedule 2 hereto and (ii)
agrees to hold such pledged assets from time to time standing to the credit of
the Third-Party CM Account Holder's relevant Luxembourg Omnibus Pledged
Securities Account(s) for the benefit of the Clearing Member, as owner of the

pledged assets and pledgor, and Eurex Clearing AG, as pledgee].

The Clearing Member [and the Third-Party CM Account Holder, to the extent
relevant in the case of Luxembourg Omnibus Pledged Securities Account(s) in the
name of a Third-Party CM Account Holder,] hereby undertakes to issue all relevant
notices to, and obtain all relevant acknowledgements from, CBL for the perfection of
such pledge, as further set out in Schedule 1 [and Schedule 2] hereto[, as

applicable].

(2) If one or more Luxembourg CmaX Omnibus Pledged Securities Accounts have been
established pursuant to Clause 2.1.2, in order to provide Omnibus Margin in
accordance with Chapter | Part 1 Number 3 and Part 2 Subpart A Number 4 of the
Clearing Conditions by use of Cmax,

(i)__if the Luxembourg CmaX Omnibus Pledged Securities Account is an account of
the Clearing Member,] the Clearing Member hereby pledges to Eurex
Clearing AG pursuant to, and in accordance with, Schedule 1 of this Agreement
all securities which are at present or are in the future deposited in the
Luxembourg CmaX Omnibus Pledged Securities Account(s)-including_any

distributi d h ities to the-extent permitted by_and ided-is

Schedule Hl; and . ’

(ii) __ if the Luxembourg CmaxX Omnibus Pledged Securities Account is an account of
the Third-Party CM Account Holder, the Clearing Member hereby pledges to
Eurex Clearing AG pursuant to, and in accordance with, Schedule 2 hereto all
securities which are at present or are in the future deposited in any such
Luxembourg CmaX Omnibus Pledged Securities Account(s); the Third-Party
CM Account Holder, as Third-Party CM Account Holder (“tiers détenteur de
gage’ within the meaning of article 5 (2) (a) (iv) of the Luxembourg law on
financial collateral arrangements) hereby (i) acknowledges the pledge created
by the Clearing Member in favour of Eurex Clearing AG over the securities of
the Clearing Member deposited from time to time to the credit of the Third-Party
CM Account Holder's relevant Luxembourg CmaX Omnibus Pledged Securities
Account(s), pursuant to, and in accordance with, Schedule 2 hereto and (ii)
agrees to hold such pledged assets from time to time standing to the credit of

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3.3

(aa

Pledged Securities deposited in Swiss Securities Accounts

If one or more Swiss Omnibus Pledged Securities Accounts, Swiss CASS Omnibus.
Pledged Security Accounts, Swiss ISA Pledged Securities Accounts, Swiss ISA CASS
Pledged Security Accounts or Swiss Clearing Agent Pledged Securities Accounts have
been established pursuant to Clause 2.1.3 and, in the systems of Eurex Clearing AG, any
pledged securities deposited in any such account are allocated to a particular Omnibus
Standard Agreement or ISA Standard Agreement or are identified as Contributions to the
Default Fund with respect to a particular ISA Direct Clearing Member, as applicable,
Eurex Clearing AG shall, upon any of the pledges pursuant to Clauses 2.4.1 to 2.4.5 or
Clause 2.4.7 becoming enforceable, only enforce the pledge with respect to such pledged
securities, and only apply any proceeds from the enforcement of the pledge over such
pledged securities, to satisfy those Secured Omnibus Claims (other than Secured CASS
Omnibus Claims) that relate to such particular Omnibus Standard Agreement, those
Secured CASS Omnibus Claims that relate to such particular Omnibus Standard
Agreement for CASS Transactions, those Secured ISA Claims (other than Secured ISA
CASS Claims) that relate to such particular ISA Standard Agreement, those Secured ISA
CASS Claims that relate to such particular ISA Standard Agreement for ISA CASS
Transactions or those Default Fund Secured Claims that relate to such ISA Direct
Clearing Member, respectively.

Representations

Representations of the Clearing Member]?

The Clearing Member represents and warrants by way of an independent guarantee and
irrespective of fault (se/bstandiges, verschuldensunabhangiges Garantieversprechen) to
Eurex Clearing AG that

(i) at the time when the relevant securities are credited to the relevant securities
account or sub-account to which any of the pledges set out or referred to in
Clauses 2.2 to 2.4 relate,

(a) itis the owner of the securities or otherwise entitled or authorised to pledge the
securities to Eurex Clearing AG (and, in respect of pledges created pursuant to
Clause 2.3, to the extent that the securities to be credited to a Luxembourg
Securities Account are not owned by the Clearing Member at the time of their
credit to such Luxembourg Securities Account, the Clearing Member represents
and warrants that it will have obtained the securities’ owner or deemed owner's
consent to the granting of the pledge before the pledge is created and the
concerned securities transferred to the relevant Luxembourg Securities
Account) and

(b) such securities are not subject to any prior or equal claims of third parties,
except for any rights and claims arising pursuant to the standard business terms
of any central securities depository (CSD) or as a matter of law. The Clearing

2 Heading to be included if a Third-Party CM Account Holder is a party to the Agreement,

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17.2 of the Clearing Conditions, applied mutatis mutandis, as well as of any amendments
that shall be made to Chapter | Part 1 Number 17.2 of the Clearing Conditions. For this
purpose, the Third-Party CM Account Holder appoints the Clearing Member as its
receiving agent (Empfangsvertreter). The Third-Party CM Account Holder confirms to be
familiar, and undertakes to familiarise itself, with the Referenced Conditions (as may be
amended from time to time). If the Third-Party CM Account Holder objects to an
amendment to this Agreement made pursuant to Chapter | Part 1 Number 17.2 of the
Clearing Conditions (applied mutatis mutandis) or to an amendment to Chapter | Part 1
Number 17.2 of the Clearing Conditions, this shall constitute a Termination Event with
respect to the Clearing Member.]

In addition, thise Agreement may be amended at any time by written agreement
(including, for the avoidance of doubt, scanned email attachments and electronic
signatures) between Eurex Clearing AG [, the Third-Party CM Account Holder] and the
Clearing Member.

5.2 If the Parties execute this Agreement and have already signed any previous version of
this Agreement (each an “Original Agreement")/Pls. ensure formatting in bold font.],
the Parties agree that, by signing this Agreement, new pledges shall be granted over all
securities which are at present or are in the future deposited in the relevant securities
accounts specified in Clauses 2.1.1 to 2.1.3 irrespective of whether pledges over such
securities have already been granted in any Original Agreement or any other agreement.

5.3 The validity of the pledges granted pursuant to or in accordance with Clauses 2.2 to 2.4
shall be independent from the validity and enforceability of any pledges already granted
over all securities which are at present or are in the future deposited in any securities
accounts specified in Clauses 2.1.1 to 2.1.3 pursuant to, or in accordance with, an
Original Agreement or any other agreement.

5.4 The signing of this Agreement shall not constitute a release of the pledges already
granted over all securities which are at present or are in the future deposited in any
securities accounts specified in Clauses 2.1.1 to 2.1.3 pursuant to, or in accordance with,
an Original Agreement or any other agreement.

6 Release of Pledges

6.1 Eurex Clearing AG will only release the pledges granted pursuant to Clauses 2.2 to 2.4
upon (i) a termination in respect of the Clearing Member pursuant to Chapter | Part 1
Number 13 of the Clearing Conditions or the completion of the default management
process in respect of such Clearing Member, as the case may be, and (ii) the full and
final discharge of all claims secured by such pledges.

6.2 Eurex Clearing AG shall notify the Clearing Member of a release of any of the pledges
granted pursuant to Clauses 2.2 to 2.4. If a release of any of such pledges occurs as a
matter of law, such notification shall only constitute a confirmation of the release as a
matter of record.

6.3 Following the release of the pledges granted pursuant to Clauses 2.2 to 2.4, the
Securities which are credited to the relevant Securities Account of the Clearing Member

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