calculation period in any other similar
transaction overlaps with any Relevant Period under this Master Confirmation as
a result of an extension of the Termination Date pursuant to Section 5 herein,
Counterparty shall promptly amend such transaction to avoid any such overlap.
5.
SUSPENSION OF CALCULATION PERIOD.
(A)
IF COUNTERPARTY CONCLUDES THAT IT WILL BE ENGAGED IN A
DISTRIBUTION OF THE SHARES FOR PURPOSES OF REGULATION M, COUNTERPARTY AGREES
THAT IT WILL, UPON THE EARLIER TO OCCUR OF (X) THE COMMENCEMENT OF THE
"RESTRICTED PERIOD" (AS DEFINED IN REGULATION M) OR (Y) THE PUBLIC ANNOUNCEMENT
OF THE TRANSACTION RESULTING IN SUCH RESTRICTED PERIOD, DIRECT GS&CO. NOT TO
PURCHASE SHARES IN CONNECTION WITH HEDGING ANY TRANSACTION DURING SUCH
RESTRICTED PERIOD.
IF ON ANY SCHEDULED TRADING DAY COUNTERPARTY DELIVERS
WRITTEN NOTICE (AND CONFIRMS BY TELEPHONE) BY 8:30 A.M. NEW YORK TIME (THE
"NOTIFICATION TIME") THEN SUCH NOTICE SHALL BE EFFECTIVE TO SUSPEND THE
CALCULATION PERIOD AS OF SUCH NOTIFICATION TIME.
IN THE EVENT THAT COUNTERPARTY
DELIVERS NOTICE AND/OR CONFIRMS BY TELEPHONE AFTER THE NOTIFICATION TIME, THEN
THE CALCULATION PERIOD SHALL BE SUSPENDED EFFECTIVE AS OF 8:30 A.M. NEW YORK
TIME ON THE FOLLOWING SCHEDULED TRADING DAY OR AS OTHERWISE REQUIRED BY LAW OR
AGREED BETWEEN COUNTERPARTY AND GS&CO.
THE CALCULATION PERIOD SHALL BE
SUSPENDED AND THE TERMINATION DATE SHALL BE EXTENDED FOR EACH SCHEDULED TRADING
DAY IN SUCH RESTRICTED PERIOD; ACCORDINGLY, COUNTERPARTY ACKNOWLEDGES THAT ITS
DELIVERY OF SUCH NOTICE MUST COMPLY WITH THE STANDARDS SET FORTH IN SECTION 6
BELOW, INCLUDING, WITHOUT LIMITATION, THE REQUIREMENT THAT SUCH NOTICE BE MADE
AT A TIME AT WHICH NONE OF COUNTERPARTY OR ANY OFFICER, DIRECTOR, MANAGER OR
SIMILAR PERSON OF COUNTERPARTY IS AWARE OF ANY MATERIAL NON-PUBLIC INFORMATION
REGARDING COUNTERPARTY OR THE SHARES.
(B)
IN THE EVENT THAT GS&CO. CONCLUDES, IN ITS GOOD FAITH DISCRETION,
BASED ON ADVICE OF OUTSIDE LEGAL COUNSEL, THAT IT IS APPROPRIATE WITH RESPECT TO
ANY LEGAL, REGULATORY OR SELF-REGULATORY REQUIREMENTS OR RELATED POLICIES AND
PROCEDURES (WHETHER OR NOT SUCH REQUIREMENTS, POLICIES OR PROCEDURES ARE IMPOSED
BY LAW OR HAVE BEEN VOLUNTARILY ADOPTED BY GS&CO.), FOR IT TO REFRAIN FROM
PURCHASING SHARES ON ANY SCHEDULED TRADING DAY DURING THE CALCULATION PERIOD,
GS&CO. MAY BY WRITTEN NOTICE TO COUNTERPARTY ELECT TO SUSPEND THE CALCULATION
PERIOD, AS THE CASE MAY BE, FOR SUCH NUMBER OF SCHEDULED TRADING DAYS AS IS
SPECIFIED IN THE NOTICE; PROVIDED THAT GS&CO. MAY EXERCISE THIS RIGHT TO SUSPEND
ONLY IN RELATION TO EVENTS OR CIRCUMSTANCES THAT ARE UNKNOWN TO IT OR ANY OF ITS
AFFILIATES AT THE TRADE DATE OF ANY TRANSACTION, OCCUR WITHIN THE NORMAL COURSE
OF ITS OR ANY OF ITS AFFILIATES' BUSINESSES, AND ARE NOT THE RESULT OF
DELIBERATE ACTIONS OF IT OR ANY OF ITS AFFILIATES WITH THE INTENT TO AVOID ITS
OBLIGATIONS UNDER THE TERMS OF ANY TRANSACTION.
THE NOTICE SHALL NOT SPECIFY,
AND GS&CO. SHALL NOT OTHERWISE COMMUNICATE TO COUNTERPARTY, THE REASON FOR
GS&CO.'S ELECTION TO SUSPEND THE CALCULATION PERIOD.
THE CALCULATION PERIOD
SHALL BE
SUSPENDED AND THE TERMINATION DATE SHALL