INTEREST PAYMENT DATE THROUGH AND INCLUDING
JULY 30, 2014 AND AT THE TERM COUPON RATE FOR EACH INTEREST PAYMENT DATE
THEREAFTER THROUGH AND INCLUDING THE STATED MATURITY, SUCH INTEREST TO ACCRUE
FROM THE ORIGINAL ISSUE DATE OR FROM THE MOST RECENT INTEREST PAYMENT DATE TO
WHICH INTEREST HAS BEEN PAID OR DULY PROVIDED FOR.
ANY OVERDUE PRINCIPAL,
PREMIUM, IF ANY, AND ANY OVERDUE INSTALLMENT OF INTEREST SHALL BEAR ADDITIONAL
INTEREST AT THE INITIAL COUPON RATE OR THE TERM COUPON RATE IN EFFECT DURING THE
PERIOD IN WHICH SUCH AMOUNT ACCRUES INTEREST, COMPOUNDED QUARTERLY FROM THE
DATES SUCH AMOUNTS ARE DUE UNTIL THEY ARE PAID OR FUNDS FOR THE PAYMENT THEREOF
ARE MADE AVAILABLE FOR PAYMENT.
(B)
INTEREST AND ADDITIONAL INTEREST ON ANY SECURITY THAT IS PAYABLE,
AND IS PUNCTUALLY PAID OR DULY PROVIDED FOR, ON ANY INTEREST PAYMENT DATE SHALL
BE PAID TO THE PERSON IN WHOSE NAME THAT SECURITY (OR ONE OR MORE PREDECESSOR
SECURITIES) IS REGISTERED AT THE CLOSE OF BUSINESS ON THE REGULAR RECORD DATE
FOR SUCH INTEREST, EXCEPT THAT INTEREST AND ANY ADDITIONAL INTEREST PAYABLE ON
THE STATED MATURITY (OR ANY DATE OF PRINCIPAL REPAYMENT UPON EARLY MATURITY) OF
THE PRINCIPAL OF A SECURITY OR ON A REDEMPTION DATE SHALL BE PAID TO THE PERSON
TO WHOM PRINCIPAL IS PAID.
THE INITIAL PAYMENT OF INTEREST ON ANY SECURITY THAT
IS ISSUED BETWEEN A REGULAR RECORD DATE AND THE RELATED INTEREST PAYMENT DATE
SHALL BE PAYABLE AS PROVIDED IN SUCH SECURITY.
(C)
ANY INTEREST ON ANY SECURITY THAT IS DUE AND PAYABLE, BUT IS NOT
TIMELY PAID OR DULY PROVIDED FOR, ON ANY INTEREST PAYMENT DATE FOR SECURITIES
(HEREIN CALLED "DEFAULTED INTEREST") SHALL FORTHWITH CEASE TO BE PAYABLE TO THE
REGISTERED HOLDER ON THE RELEVANT REGULAR RECORD DATE BY VIRTUE OF HAVING BEEN
SUCH HOLDER, AND SUCH DEFAULTED INTEREST MAY BE PAID BY THE COMPANY, AT ITS
ELECTION IN EACH CASE, AS PROVIDED IN PARAGRAPH (I) OR (II) BELOW:
(I)
THE COMPANY MAY ELECT TO MAKE PAYMENT OF ANY DEFAULTED INTEREST TO THE
PERSONS IN WHOSE NAMES THE SECURITIES (OR THEIR RESPECTIVE PREDECESSOR
SECURITIES) ARE REGISTERED AT THE CLOSE OF BUSINESS ON A SPECIAL RECORD DATE FOR
THE PAYMENT OF SUCH DEFAULTED INTEREST (A "SPECIAL RECORD DATE"), WHICH SHALL BE
FIXED IN THE FOLLOWING MANNER.
AT LEAST THIRTY (30) DAYS PRIOR TO THE DATE OF
THE PROPOSED PAYMENT, THE COMPANY SHALL NOTIFY THE TRUSTEE IN WRITING OF THE
AMOUNT OF DEFAULTED INTEREST PROPOSED TO BE PAID
25
ON EACH SECURITY AND THE DATE OF THE PROPOSED PAYMENT, AND AT THE SAME TIME THE
COMPANY SHALL DEPOSIT WITH THE TRUSTEE AN AMOUNT OF MONEY EQUAL TO THE AGGREGATE
AMOUNT PROPOSED TO BE PAID IN RESPECT OF SUCH DEFAULTED INTEREST OR SHALL MAKE
ARRANGEMENTS SATISFACTORY TO THE TRUSTEE FOR SUCH DEPOSIT PRIOR TO THE DATE OF
THE PROPOSED PAYMENT, SUCH MONEY WHEN DEPOSITED TO BE HELD IN TRUST FOR THE
BENEFIT OF THE PERSONS ENTITLED TO SUCH DEFAULTED INTEREST.
THEREUPON THE
TRUSTEE SHALL FIX A SPECIAL RECORD DATE