Document:

Amended and Restated BAseries Indenture Supplement

 Exhibit 4.5 
  

 BA CREDIT CARD TRUST (formerly known as MBNA Credit Card Master Note Trust) 
 as Issuer 
 and 
 THE BANK OF NEW YORK 
 as Indenture
Trustee 
 AMENDED AND RESTATED 
 BASERIES INDENTURE SUPPLEMENT 
 dated as of June 10, 2006 
 to 
 AMENDED AND RESTATED INDENTURE 
 dated as of June 10, 2006 
  

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	 Article I
 Definitions and Other Provisions of General Application

			
	Section 1.01.	  	Definitions	  	1
			
	Section 1.02.	  	Governing Law; Submission to Jurisdiction; Agent for Service of Process	  	12
			
	Section 1.03.	  	Counterparts	  	13
			
	Section 1.04.	  	Ratification of Indenture	  	13
	
	 Article II
 The Notes

			
	Section 2.01.	  	Creation and Designation	  	14
			
	Section 2.02.	  	New Issuances of Notes	  	14
			
	Section 2.03.	  	Required Subordinated Amount Conditions to Issuance of a Tranche of a Senior Class of Notes	  	14
	
	 Article III
 Allocations, Deposits and Payments

			
	Section 3.01.	  	Allocations of BAseries Available Funds	  	17
			
	Section 3.02.	  	Targeted Deposits to the Interest Funding Account	  	17
			
	Section 3.03.	  	Allocations of BAseries Available Funds to Interest Funding sub-Accounts	  	18
			
	Section 3.04.	  	Amounts to be Treated as BAseries Available Funds; Payments Received from Derivative Counterparties for Interest in Foreign Currencies; Other Deposits to the Interest Funding
sub-Accounts	  	19
			
	Section 3.05.	  	Allocations of Reductions from Investor Charge-Offs to the Nominal Liquidation Amount of Subordinated Classes	  	20
			
	Section 3.06.	  	Allocations of Reimbursements of Nominal Liquidation Amount Deficits	  	22
			
	Section 3.07.	  	Application of BAseries Available Principal Amounts	  	22
			
	Section 3.08.	  	Allocation of Servicing Fee Shortfalls	  	24
			
	Section 3.09.	  	Computation of Reductions to the Nominal Liquidation Amount of Subordinated Classes from Reallocations of BAseries Available Principal Amounts.	  	24
			
	Section 3.10.	  	Targeted Deposits of BAseries Available Principal Amounts to the Principal Funding Account	  	26
			
	Section 3.11.	  	Allocations among Principal Funding sub-Accounts	  	27

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	Section 3.12.	  	Amounts to be Treated as BAseries Available Principal Amounts; Payments Received from Derivative Counterparties for Principal; Other Deposits to Principal Funding sub-Accounts	  	28
			
	Section 3.13.	  	Withdrawals from Interest Funding Account	  	29
			
	Section 3.14.	  	Withdrawals from Principal Funding Account	  	30
			
	Section 3.15.	  	Limit on Deposits to the Principal Funding sub-Account of Subordinated Note; Limit on Repayments of all Tranches	  	32
			
	Section 3.16.	  	Calculation of Nominal Liquidation Amount	  	33
			
	Section 3.17.	  	Reinvestment in the Collateral Certificate	  	34
			
	Section 3.18.	  	Netting of Deposits and Payments	  	34
			
	Section 3.19.	  	Pro rata Payments within a Tranche	  	34
			
	Section 3.20.	  	Sale of Receivables for Accelerated Notes	  	34
			
	Section 3.21.	  	Calculation of Prefunding Target Amount	  	35
			
	Section 3.22.	  	Targeted Deposits to the Class C Reserve Account	  	37
			
	Section 3.23.	  	Withdrawals from the Class C Reserve Account	  	37
			
	Section 3.24.	  	Targeted Deposits to the Accumulation Reserve Account	  	38
			
	Section 3.25.	  	Withdrawals from the Accumulation Reserve Account	  	39
			
	Section 3.26.	  	Computation of Interest	  	39
			
	Section 3.27.	  	Excess Available Funds Sharing	  	39
	
	 Article IV
 Early Redemption of Notes

			
	Section 4.01.	  	Early Redemption Events	  	40
	
	 Article V
 Accounts and Investments

			
	Section 5.01.	  	Accounts	  	41
	
	 Article VI
 Terms Documents and Derivative Agreements Matters

			
	Section 6.01.	  	Updates to Terms Documents, Derivative Agreements and Related Documents	  	42

  

 -ii- 

 EXHIBITS 
  

			
	EXHIBIT A-1	  	[FORM OF] CLASS A NOTE
		
	EXHIBIT A-2	  	[FORM OF] CLASS B NOTE
		
	EXHIBIT A-3	  	[FORM OF] CLASS C NOTE
		
	EXHIBIT B	  	[FORM OF] BASERIES SCHEDULE TO PAYMENT INSTRUCTIONS
		
	EXHIBIT C	  	[FORM OF] BASERIES SCHEDULE TO MONTHLY NOTEHOLDERS’ STATEMENT
		
	SCHEDULE 1	  	LIST OF TERMS DOCUMENTS

  

 -iii- 

 This BASERIES INDENTURE SUPPLEMENT (this “Indenture Supplement”), by and between BA
CREDIT CARD TRUST (formerly known as MBNA Credit Card Master Note Trust), a statutory trust created under the laws of the State of Delaware (the “Issuer”), having its principal office at Rodney Square North, 1100 North Market
Street, Wilmington, Delaware 19890, and THE BANK OF NEW YORK, a New York banking corporation ( the “Indenture Trustee”), is made and entered into as of June 10, 2006. 
 WHEREAS, MBNA Credit Card Master Note Trust (as predecessor to BA Credit Card Trust) and the Indenture Trustee have heretofore executed and delivered an
MBNAseries Indenture Supplement, dated as of May 24, 2001 (as amended, supplemented or otherwise modified prior to the date hereof, the “Original Indenture Supplement”); 
 WHEREAS, the Issuer and the Indenture Trustee have executed certain terms documents as described in Schedule 1 hereto (together, the “Terms
Documents”), as well as certain Derivative Agreements or other agreements relating to credit enhancement for the related Tranche of Notes; and 
 NOW, THEREFORE, the Issuer and the Indenture Trustee hereby agree that effective on and as of the date hereof, the Original Indenture Supplement is hereby amended and restated in its entirety as follows: 
 Pursuant to this Indenture Supplement, the Issuer and the Trust shall create a new series of Notes and shall specify the principal terms thereof.

 ARTICLE I 
 Definitions and
Other Provisions of General Application 
 Section 1.01. Definitions. For all purposes of this Indenture Supplement, except as
otherwise expressly provided or unless the context otherwise requires: 
  

	 	(1)	the terms defined in this Article have the meanings assigned to them in this Article, and include the plural as well as the singular; 

  

	 	(2)	all other terms used herein which are defined in the Indenture, either directly or by reference therein, have the meanings assigned to them therein; 

  

	 	(3)	all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles and, except as otherwise herein
expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder means such accounting principles as are generally accepted in the United States of America at the date
of such computation; 

  

 1 

	 	(4)	all references in this Indenture to designated “Articles,” “Sections” and other subdivisions are to the designated Articles, Sections and other subdivisions of
this Indenture Supplement as originally executed. The words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture Supplement as a whole and not to any particular Article, Section
or other subdivision; 

  

	 	(5)	in the event that any term or provision contained herein shall conflict with or be inconsistent with any term or provision contained in the Indenture, the terms and provisions of
this Indenture Supplement shall be controlling; 

  

	 	(6)	each capitalized term defined herein shall relate only to the BAseries Notes and no other Series of Notes issued by the Issuer; and 

  

	 	(7)	“including” and words of similar import will be deemed to be followed by “without limitation.” 

 “Accumulation Commencement Date” means, for each tranche of Notes, the first Business Day of the month that is twelve (12) whole
calendar months prior to the Expected Principal Payment Date for such tranche of Notes; provided, however, that, if the Accumulation Period Length for such tranche of Notes is less than twelve (12) months, the Accumulation
Commencement Date will be the first Business Day of the month that is the number of whole months prior to such Expected Principal Payment Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods during
the period from the Accumulation Commencement Date to such Expected Principal Payment Date will at least equal the Accumulation Period Length. 
 “Accumulation Period Factor” means, for any tranche of Notes for each Monthly Period, a fraction, the numerator of which is equal to the sum of the initial investor interests of all outstanding Series (as defined in the
Pooling and Servicing Agreement) including the Collateral Certificate, and the denominator of which is equal to the sum of (a) the Initial Dollar Principal Amount of such tranche of Notes, (b) the initial investor interests of all
outstanding Series of investor certificates issued by the Master Trust (other than the Collateral Certificate) which are not expected to be in their revolving periods (as such terms are defined in the Pooling and Servicing Agreement), (c) the
initial investor interests of all outstanding Series of investor certificates issued by the Master Trust (other than the Collateral Certificate) which are not allocating Shared Principal Collections to other Series of investor certificates issued by
the Master Trust and are in their revolving periods (as such terms are defined in the Pooling and Servicing Agreement), and (d) the Initial Dollar Principal Amount of any tranche of notes (other than such tranche of Notes) of the Issuer for
which amounts are targeted to be deposited into a principal funding account with respect to such Monthly Period; provided, however, that this definition may be changed at any time if the Note Rating Agencies provide prior written
confirmation that a Ratings Effect will not occur with respect to such change. 
 “Accumulation Period Length” is defined in
Section 3.10(b)(ii). 
  

 2 

 “Accumulation Reserve Account” means the trust account designated as such and
established pursuant to Section 5.01(a). 
 “Accumulation Reserve Sub-Account Earnings” means, with respect to
each Transfer Date, the investment earnings on funds in the Accumulation Reserve Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

 “Aggregate Investor Default Amount” is defined in the Series 2001-D Supplement. 
 “Aggregate Series Available Funds Shortfall” means the sum of the Series Available Funds Shortfalls (as such term is defined in each of
the related Indenture Supplements) for each Excess Available Funds Sharing Series in Excess Available Funds Sharing Group One. 
 “BAseries Available Funds” means, with respect to any Transfer Date, the sum of (a) Available Funds allocated to the BAseries pursuant to Section 501 of the Indenture, (b) any amounts to be treated as
BAseries Available Funds pursuant to Sections 3.04(a) and 3.20(d) and (c) any amounts to be treated as BAseries Available Funds pursuant to any terms document. 
 “BAseries Available Principal Amounts” means the sum of (a) Available Principal Amounts allocated to the BAseries pursuant to
Section 502 of the Indenture, (b) any amounts to be treated as BAseries Available Principal Amounts pursuant to Section 3.12(a) and (c) any amounts to be treated as BAseries Available Principal Amounts pursuant to
any terms document. 
 “BAseries Investor Default Amount” means, with respect to any Monthly Period, the sum, for each day
during such Monthly Period, of the product of the Investor Default Amounts (as such term is defined in the Series 2001-D Supplement) with respect to each such day and the percentage equivalent of a fraction the numerator of which is the Available
Funds Allocation Amount for the BAseries for such day and the denominator of which is the Available Funds Allocation Amount for all series of Notes for such day. 
 “BAseries Servicing Fee” means, with respect to any Monthly Period, the pro rata portion of the Net Servicing Fee (as such term is defined in the Series 2001-D Supplement) allocable to the
BAseries based on the ratio of the Weighted Average Available Funds Allocation Amount for the BAseries for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all series of Notes for such Monthly Period. 
 “Class A Notes” means a Note specified in the applicable terms document as belonging to Class A. 
 “Class A Required Subordinated Amount” means, with respect to any tranche of Class A Notes, the aggregate Nominal Liquidation
Amount of Class B Notes or Class C Notes, as the case may be, as specified in the applicable terms document for such tranche of Class A Notes, that is required to be outstanding and available on any date such tranche of Class A Notes is
Outstanding. 
  

 3 

 “Class A Unused Subordinated Amount of Class B Notes” means for any tranche of
Outstanding Class A Notes, with respect to any Transfer Date, an amount equal to the Class A Required Subordinated Amount of Class B Notes minus the Class A Usage of the Class B Required Subordinated Amount, each as of such Transfer
Date. 
 “Class A Unused Subordinated Amount of Class C Notes” means for any tranche of Outstanding Class A Notes, with
respect to any Transfer Date, an amount equal to the Class A Required Subordinated Amount of Class C Notes minus the Class A Usage of the Class C Required Subordinated Amount, each as of such Transfer Date. 
 “Class A Usage of Class B Required Subordinated Amount” means, with respect to any tranche of Outstanding Class A Notes, zero on
the date of issuance of such tranche and on any Transfer Date thereafter the Class A Usage of Class B Required Subordinated Amount as of the preceding date of determination plus the sum of the following amounts (in each case, such amount
shall not exceed the Class A Unused Subordinated Amount of Class B Notes for such tranche of Class A Notes after giving effect to the previous clauses, if any): 
 (a) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class
B Notes for that tranche of Class A Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Class B Notes (as of the last day of the preceding Monthly Period),
times (B) the aggregate amount of Investor Charge-Offs initially allocated to Class B Notes pursuant to Section 3.05(a) which did not result in a Class A Usage of Class C Required Subordinated Amount for such tranche of
Class A Notes on such Transfer Date; plus 
 (b) the amount of Investor Charge-Offs initially allocated to that
tranche of Class A Notes pursuant to Section 3.05(a) and then reallocated on such Transfer Date to Class B Notes pursuant to Section 3.05(b); plus 
 (c) the amount of BAseries Available Principal Amounts reallocated on such Transfer Date to the Interest Funding sub-Account for that
tranche of Class A Notes pursuant to Section 3.07(a) which did not result in a Class A Usage of Class C Required Subordinated Amount for such tranche of Class A Notes; plus 
 (d) the aggregate amount of BAseries Available Principal Amounts reallocated to pay any amount to the Servicer for such tranche of
Class A Notes pursuant to Sections 3.07(c) which did not result in a Class A Usage of Class C Required Subordinated Amount for such tranche of Class A Notes on such Transfer Date; minus 
 (e) an amount (not to exceed the Class A Usage of Class B Required Subordinated Amount after giving effect to the amounts computed
pursuant to clauses (a) through (d) above) equal to the sum of (x) the product of (A) a fraction, the numerator of which is the Class A Usage of Class B Required 

  

 4 

 
Subordinated Amount (prior to giving effect to any reimbursement of Class B Nominal Liquidation Amount Deficits on such Transfer Date) for such tranche of
Class A Notes and the denominator of which is the aggregate Class B Nominal Liquidation Amount Deficits (prior to giving effect to any reimbursement of Class B Nominal Liquidation Amount Deficits on such Transfer Date) of all Class B
Notes, times (B) the aggregate amount of the Nominal Liquidation Amount Deficits of any tranche of Class B Notes which are reimbursed on such Transfer Date pursuant to Section 3.06(b), plus (y) if the aggregate
Class A Usage of Class B Required Subordinated Amount (prior to giving effect to any reimbursement of Class B Nominal Liquidation Amount Deficits on such Transfer Date) for all Class A Notes exceeds the aggregate Class B Nominal
Liquidation Amount Deficits of all Class B Notes (prior to giving effect to any reimbursement on such Transfer Date), the product of (A) a fraction, the numerator of which is the amount of such excess and the denominator of which is the
aggregate Class C Nominal Liquidation Amount Deficits (prior to giving effect to any reimbursement of a Class C Nominal Liquidation Amount Deficit on such Transfer Date) of all Class C Notes, times (B) the aggregate amount of the Nominal
Liquidation Amount Deficits of any tranche of Class C Notes (prior to giving effect to such reimbursement) which are reimbursed on such Transfer Date times (C) a fraction, the numerator of which is the Class A Usage of Class B
Required Subordinated Amount of such tranche of Class A Notes (prior to giving effect to such reimbursement) and the denominator of which is the Class A Usage of Class B Required Subordinated Amount for all Class A Notes (prior to
giving effect to such reimbursement). 
 “Class A Usage of Class C Required Subordinated Amount” means, with respect to any
tranche of Outstanding Class A Notes, zero on the date of issuance of such tranche and on any Transfer Date thereafter the Class A Usage of Class C Required Subordinated Amount as of the preceding date of determination plus the sum
of the following amounts (in each case, such amount shall not exceed the Class A Unused Subordinated Amount of Class C Notes for such tranche of Class A Notes after giving effect to the previous clauses, if any): 
 (a) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class
C Notes for such tranche of Class A Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Class C Notes (as of the last day of the preceding Monthly Period),
times (B) the aggregate amount of Investor Charge-Offs initially allocated on such Transfer Date to all Class C Notes pursuant to Section 3.05(a); plus 
 (b) the amount of Investor Charge-Offs initially allocated to that tranche of Class A Notes pursuant to Section 3.05(a)
and then reallocated to Class C Notes pursuant to Section 3.05(b); plus 
 (c) an amount equal to the
product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class B Notes for that tranche of Class A Notes (as of the last day of the preceding Monthly Period) and 

  

 5 

 
the denominator of which is the aggregate Nominal Liquidation Amount of all Class B Notes (as of the last day of the preceding Monthly Period), times
(B) the aggregate amount of Investor Charge-Offs initially allocated to Class B Notes pursuant to Section 3.05(a); plus 
 (d) the amount of BAseries Available Principal Amounts reallocated on such Transfer Date to the Interest Funding sub-Account for that tranche of Class A Notes pursuant to Section 3.07(a); plus

 (e) an amount equal to the product of (A) a fraction, the numerator of which is the Class A Unused Subordinated
Amount of Class B Notes for such tranche of Class A Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Class B Notes (as of the last day of the preceding
Monthly Period), times (B) the amount of BAseries Available Principal Amounts reallocated on such Transfer Date to the Interest Funding sub-Account for any tranche of Class B Notes pursuant to Section 3.07(b); plus

 (f) the amount of BAseries Available Principal Amounts reallocated on such Transfer Date to pay any amount to the Servicer
for such tranche of Class A Notes pursuant to Sections 3.07(c); plus 
 (g) an amount equal to the
product of (A) a fraction, the numerator of which is the Class A Unused Subordinated Amount of Class B Notes for that tranche of Class A Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the
aggregate Nominal Liquidation Amount of all Class B Notes (as of the last day of the preceding Monthly Period), times (B) the amount of BAseries Available Principal Amounts reallocated on such Transfer Date to pay any amount to the
Servicer for any tranche of Class B Notes pursuant to Section 3.07(d); minus 
 (h) an amount (not to
exceed the Class A Usage of Class C Required Subordinated Amount after giving effect to the amounts computed pursuant to clauses (a) through (g) above) equal to the product of (A) a fraction, the numerator of which is the
Class A Usage of Class C Required Subordinated Amount (prior to giving effect to any reimbursement of Class C Nominal Liquidation Amount Deficits on such Transfer Date) for that tranche of Class A Notes and the denominator of which is the
aggregate Nominal Liquidation Amount Deficits (prior to giving effect to such reimbursement) of all Class C Notes, times (B) the aggregate Nominal Liquidation Amount Deficits of all Class C Notes which are reimbursed on such Transfer
Date pursuant to Section 3.06(c). 
 “Class B Notes” means a Note specified in the applicable terms document to
this Indenture Supplement as belonging to Class B. 
 “Class B Required Subordinated Amount” means, with respect to any
tranche of Class B Notes, the aggregate Nominal Liquidation Amount of Class C Notes as specified in the 

  

 6 

 
applicable terms document for such tranche of Class B Notes, that is required to be outstanding and available on any date such tranche of Class B Notes is
Outstanding. 
 “Class B Unused Subordinated Amount of Class C Notes” means for any tranche of Outstanding Class B Notes,
with respect to any Transfer Date, an amount equal to the Class B Required Subordinated Amount of Class C Notes minus the Class B Usage of the Class C Required Subordinated Amount, each as of such Transfer Date. 
 “Class B Usage of Class C Required Subordinated Amount” means, with respect to any tranche of Outstanding Class B Notes, zero on the
date of issuance of such tranche and on any Transfer Date thereafter the Class B Usage of Class C Required Subordinated Amount as of the preceding date of determination plus the sum of the following amounts (in each case, such amount shall
not exceed the Class B Unused Subordinated Amount of Class C Notes for such tranche of Class B Notes after giving effect to the previous clauses, if any): 
 (a) an amount equal to the product of (A) a fraction, the numerator of which is the Class B Unused Subordinated Amount of Class C Notes for that tranche of Class B Notes (as of the last day of the preceding
Monthly Period) and the denominator of which is the aggregate Nominal Liquidation Amount of all Class C Notes (as of the last day of the preceding Monthly Period), times (B) the aggregate amount of Investor Charge-Offs initially
allocated on such Transfer Date to Class C Notes pursuant to Section 3.05(a); plus 
 (b) an amount equal
to the product of (A) a fraction, the numerator of which is the Nominal Liquidation Amount for that tranche of Class B Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal Liquidation
Amount of all Class B Notes (as of the last day of the preceding Monthly Period), times (B) the sum of (i) the aggregate amount of Investor Charge-Offs initially allocated on such date to any Class A Note that has a
Class A Unused Subordinated Amount of Class B Notes that was included in Class A Usage of Class C Required Subordinated Amount plus (ii) the aggregate amount of Investor Charge-Offs initially allocated on such date to any Class A
Note that has a Class A Unused Subordinated Amount of Class B Notes that was included in Class A Usage of Class B Required Subordinated Amount; plus 
 (c) the amount of Investor Charge-Offs initially allocated to that tranche of Class B Notes pursuant to Section 3.05(a), and
then reallocated on such date to Class C Notes pursuant to Section 3.05(b); plus 
 (d) an amount equal to
the product of (A) a fraction, the numerator of which is the Nominal Liquidation Amount for that tranche of Class B Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal Liquidation
Amount of all Class B Notes (as of the last day of the preceding Monthly Period), times (B) the amount of BAseries Available Principal Amounts reallocated on such date to the Interest Funding sub-Account for any tranche of Class A
Notes that has a Class A Unused Subordinated Amount of Class B Notes pursuant to Section 3.07(a); plus 
  

 7 

 (e) the amount of BAseries Available Principal Amounts reallocated on such date to the
Interest Funding sub-Account for that tranche of Class B Notes pursuant to Section 3.07(b); plus 
 (f) an
amount equal to the product of (A) a fraction, the numerator of which is the Nominal Liquidation Amount for such tranche of Class B Notes (as of the last day of the preceding Monthly Period) and the denominator of which is the aggregate Nominal
Liquidation Amount of all Class B Notes (as of the last day of the preceding Monthly Period), times (B) the amount of BAseries Available Principal Amounts reallocated on such date to pay any amount to the Servicer for any tranche of
Class A Notes that has a Class A Unused Subordinated Amount of Class B Notes, pursuant to Section 3.07(c); plus 
 (g) the amount of BAseries Available Principal Amounts reallocated on such date to pay any amount to the Servicer for such tranche of Class B Notes pursuant to Section 3.07(d); minus 
 (h) an amount (not to exceed the Class B Usage of Class C Required Subordinated Amount after giving effect to the amounts computed
pursuant to clauses (a) through (g) above) equal to the product of (A) a fraction, the numerator of which is the Class B Usage of Class C Required Subordinated Amount (prior to giving effect to any reimbursement of Class C Nominal
Liquidation Amount Deficits on such Transfer Date) for that tranche of Class B Notes and the denominator of which is the Nominal Liquidation Amount Deficits (prior to giving effect to such reimbursement) of all Class C Notes, times
(B) the aggregate Nominal Liquidation Amount Deficits of all Class C Notes which are reimbursed on such date pursuant to Section 3.06(c). 
 “Class C Notes” means a Note specified in the applicable terms document as belonging to Class C. 
 “Class C Reserve Account” means the trust account designated as such and established pursuant to Section 5.01(a). 
 “Controlled Accumulation Amount” for any Transfer Date for any tranche of Notes with only one Expected Principal Payment Date, is defined in the related terms document; provided,
however, that if the Accumulation Period Length with respect to such tranche is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii), the Controlled Accumulation Amount for any Transfer Date will be
equal to (i) the product of (x) the Initial Dollar Principal Amount of such tranche of Notes and (y) the Accumulation Period Factor for such Monthly Period divided by (ii) the Required Accumulation Factor Number. 
 “Derivative Accrual Date” means, for any Monthly Period with respect to any tranche of Notes which has a Performing Derivative Agreement
for interest, the date in such Monthly Period corresponding numerically to the next payment date under the related Derivative Agreement following the end of the related Monthly Period. 
  

 8 

 “Excess Available Funds” means, with respect to any Monthly Period, the aggregate amount
of BAseries Available Funds minus the sum of the amounts, without duplication, determined pursuant to Sections 3.01(a) through (d). 
 “Finance Charge Receivables” is defined in the Pooling and Servicing Agreement. 
 “Interest Funding Account” means the trust account designated as such and established pursuant to Section 5.01(a). 
 “Interest Funding sub-Account Earnings” means, with respect to each Transfer Date, the investment earnings on funds in the Interest Funding Account (net of investment expenses and losses) for the
period from and including the immediately preceding Transfer Date to but excluding such Transfer Date. 
 “Investor
Charge-Offs” means, with respect to any Transfer Date, the aggregate amount, if any, by which the BAseries Investor Default Amount, if any, for the preceding Monthly Period exceeds the BAseries Available Funds for such Transfer Date
available after giving effect to clause (a) and (b) of Section 3.01. 
 “Nominal Liquidation Amount”
means, with respect to any tranche of Notes, the amount calculated pursuant to Section 3.16 of this Indenture Supplement. The Nominal Liquidation Amount for the BAseries will be the sum of the Nominal Liquidation Amounts of all of the
tranches of Notes of the BAseries. 
 “Nominal Liquidation Amount Deficit” means, with respect to any tranche of Notes, the
excess of the Adjusted Outstanding Dollar Principal Amount of that tranche over the Nominal Liquidation Amount of that tranche. 
 “PFA Accumulation Earnings” means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses), other than funds in the Principal Funding
Account in connection with any Prefunding Target Amounts, for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date. 
 “PFA Accumulation Earnings Shortfall” means, for any Transfer Date, 
 (a)
the aggregate of the PFA Accumulation Earnings Target for each tranche of BAseries Notes for such Transfer Date, minus 
 (b) the PFA Accumulation Earnings for such period. 
 “PFA Accumulation Earnings Target” means, for any Transfer
Date, with respect to any amount on deposit in a Principal Funding sub-Account (prior to giving effect to any deposits to be made on such date), other than any amount in connection with a Prefunding Target Amount, for a tranche of Notes, the Dollar
amount of interest that would have accrued on such deposit (or portion thereof) for the period from and including the preceding Transfer Date to but excluding such Transfer Date if it had borne interest at the following rates: 
 (a) in the case of a tranche of Dollar Interest-bearing Notes with no Derivative Agreement for interest, at the rate of interest
applicable to that tranche; 
  

 9 

 (b) in the case of a tranche of Discount Notes, at the rate of accretion (converted to an
accrual rate) of that tranche; 
 (c) in the case of a tranche of Notes with a Performing Derivative Agreement for interest,
at the rate at which payments by the Issuer to the applicable Derivative Counterparty accrue (prior to the netting of such payments, if applicable); and 
 (d) in the case of a tranche of Notes with a non-Performing Derivative Agreement for interest, at the rate specified in the related terms document. 
 More than one of the aforementioned rates of interest may be applicable to amounts on deposit in a Principal Funding sub-Account for a tranche of Notes. 
 “PFA Prefunding Earnings” means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account
(net of investment expenses and losses) in connection with any Prefunding Target Amounts for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date. 
 “PFA Prefunding Earnings Shortfall” means, for any Transfer Date, 
 (a) the aggregate PFA Prefunding Earnings Targets for each tranche of BAseries Notes for such Transfer Date, minus 
 (b) the PFA Prefunding Earnings for such period. 
 “PFA Prefunding Earnings Target” means, for any Transfer Date, with respect to any amount on deposit in a Principal Funding sub-Account in connection with a Prefunding Target Amount for a tranche of
Notes, the Dollar amount of interest that would have accrued on such deposit (or portion thereof) for the period from and including the preceding Transfer Date to but excluding such Transfer Date if it had borne interest at the following rates:

 (a) in the case of a tranche of Dollar Interest-bearing Notes with no Derivative Agreement for interest, at the rate of
interest applicable to that tranche; 
 (b) in the case of a tranche of Discount Notes, at the rate of accretion (converted to
an accrual rate) of that tranche; 
 (c) in the case of a tranche of Notes with a Performing Derivative Agreement for
interest, at the rate at which payments by the Issuer to the applicable Derivative Counterparty accrue (prior to the netting of such payments, if applicable); and 
 (d) in the case of a tranche of Notes with a non-Performing Derivative Agreement for interest, at the rate specified in the related terms
document. 
  

 10 

 More than one of the aforementioned rates of interest may be applicable to amounts on deposit in a
Principal Funding sub-Account for a tranche of Notes. 
 “Prefunding Excess Amount” means, with respect to any senior class
of Notes for any date, after giving effect to all issuances, allocations, deposits and payments with respect to that date, the aggregate amounts on deposit in the Principal Funding sub-Accounts of the Notes of that class that are in excess of the
aggregate amount targeted to be on deposit in those Principal Funding sub-Accounts pursuant to Section 3.10. 
 “Prefunding Target Amount” means the amount calculated pursuant to Section 3.21. 
 “Principal
Funding Account” means the trust account designated as such and established pursuant to Section 5.01(a). 
 “Principal Funding sub-Account Amount” means, with respect to any tranche of Notes as of any date, the amount on deposit in the Principal Funding sub-Account for such tranche of Notes on such date. 
 “Receivables Sales Proceeds” means, with respect to any tranche of Notes, the proceeds of the sale of Receivables with respect to such
tranche pursuant to Section 3.20. Receivables Sales Proceeds do not constitute Available Principal Amounts. 
 “Receivables
Sales Proceeds Deposit Amount” means, with respect to any tranche of Notes in respect of which the Trust has received Receivables Sales Proceeds, the amount of Receivables Sales Proceeds on deposit in the Principal Funding sub-Account for
such tranche. 
 “Required Accumulation Factor Number” shall be equal to a fraction, rounded upwards to the nearest whole
number, the numerator of which is one and the denominator of which is equal to the lowest monthly principal payment rate on the Accounts (as defined in the Pooling and Servicing Agreement), expressed as a decimal, for the twelve (12) months
preceding the date of such calculation; provided, however, that this definition may be changed at any time if the Note Rating Agencies provide prior written confirmation that a Ratings Effect with respect to any Outstanding Notes will
not occur with respect to such change. 
 “Required Excess Available Funds” means, with respect to any Monthly Period, an
amount equal to zero; provided, however, that the Issuer may, from time to time, change such amount (which will never be less than zero) upon (i) written notice to the Indenture Trustee, (ii) prior written confirmation from
the Note Rating Agencies that a Ratings Effect will not occur with respect to such change and (iii) the Issuer reasonably believes that such change will not have an Adverse Effect. 
 “Required Subordinated Amount” means, with respect to any tranche of a senior class of Notes, the aggregate Nominal Liquidation Amount
of a subordinated class of Notes, as specified in the applicable terms document for such tranche of the senior class, that is required to be outstanding and available on any date the senior class is Outstanding. 
  

 11 

 “senior class” means (a) with respect to the Class B Notes, the Class A Notes,
and (b) with respect to the Class C Notes, the Class A Notes or Class B Notes. 
 “Series Available Funds
Shortfall” means, with respect to any Transfer Date with respect to the BAseries, the excess, if any, of (a) the aggregate amount targeted to be paid or applied pursuant to Sections 3.01(a) through (d) for any
Transfer Date over (b) the BAseries Available Funds (excluding any amounts to be treated as BAseries Available Funds pursuant to Section 3.27(a)) for such Transfer Date; provided, however, that the Issuer, when
authorized by an Officer’s Certificate, may amend or otherwise modify this definition of Series Available Funds Shortfall provided the Note Rating Agencies confirm in writing that the amendment or modification will not cause a Ratings Effect
with respect to any Outstanding Notes. 
 “Shared Excess Available Funds” means, with respect to any Transfer Date with
respect to any series of Notes, either (a) the amount of BAseries Available Funds for such Transfer Date available after application in accordance with Sections 3.01(a) through (g) or (b) the amounts allocated to other
series of Notes identified as an Excess Available Funds Sharing Series in Excess Available Funds Sharing Group One which the applicable Indenture Supplements for such series specify are to be treated as “Shared Excess Available Funds.”

 “Spot Exchange Rate” has the meaning specified in the related terms document. 
 “subordinated class” means (a) with respect to the Class A Notes, the Class B Notes or Class C Notes, (b) with respect to
the Class B Notes, the Class C Notes. 
 “Targeted Interest Deposit Amount” means, with respect to the BAseries Notes for
any Transfer Date, the aggregate amount targeted to be deposited in the Interest Funding Account pursuant to Section 3.02 for such Transfer Date. 
 “Targeted Principal Deposit Amount” means, with respect to the BAseries Notes for any Transfer Date, the aggregate amount targeted to be deposited in the Principal Funding Account pursuant to
Section 3.10 for such Transfer Date. 
 “Weighted Average Available Funds Allocation Amount” means, with respect
to any Monthly Period for any tranche or class of Notes, the sum of the Available Funds Allocation Amount for such tranche or class, as applicable, as of the close of business on each day during such Monthly Period divided by the actual number of
days in such period. 
 Section 1.02. Governing Law; Submission to Jurisdiction; Agent for Service of Process. This Indenture
Supplement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to principles of conflict of laws. The parties hereto declare that it is their intention that this Indenture Supplement shall be
regarded as made under the laws of the State of Delaware and that the laws of said State shall be applied in interpreting its provisions in all cases where legal interpretation shall be required. Each of the parties hereto agrees (a) that this
Indenture Supplement involves at least $100,000.00, and (b) that this Indenture Supplement has been entered into by the parties hereto in express reliance upon 6 DEL. C. § 2708. Each of the parties hereto hereby irrevocably and
unconditionally agrees (a) to be subject to the jurisdiction of the courts of the State of Delaware and 

  

 12 

 
of the federal courts sitting in the State of Delaware, and (b)(1) to the extent such party is not otherwise subject to service of process in the State of
Delaware, to appoint and maintain an agent in the State of Delaware as such party’s agent for acceptance of legal process, and (2) that, to the fullest extent permitted by applicable law, service of process may also be made on such party
by prepaid certified mail with a proof of mailing receipt validated by the United States Postal Service constituting evidence of valid service, and that service made pursuant to (b)(1) or (2) above shall, to the fullest extent permitted by
applicable law, have the same legal force and effect as if served upon such party personally within the State of Delaware. 
 Section
1.03. Counterparts. This Indenture Supplement may be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument.

 Section 1.04. Ratification of Indenture. As supplemented by this Indenture Supplement, the Indenture is in all respects
ratified and confirmed and the Indenture as so supplemented by this Indenture Supplement shall be read, taken and construed as one and the same instrument. 
 [END OF ARTICLE I] 
  

 13 

 ARTICLE II 
 The Notes 
 Section 2.01. Creation and Designation. 
 (a) There is hereby created a series of Notes to be issued pursuant to the Indenture and this Indenture Supplement to be known as “BA Credit Card
Trust, BAseries” or the “BAseries Notes” (formerly known as “MBNA Credit Card Master Note Trust, MBNAseries” or the “MBNAseries Notes”). The BAseries Notes will be issued in three classes, the first of which shall
be known as the “BAseries Class A Notes,” the second of which shall be known as the “BAseries Class B Notes” and the third of which shall be known as the “BAseries Class C Notes.” 
 (b) The BAseries shall be an Excess Available Funds Sharing Series in Excess Available Funds Sharing Group A and shall not be in any other group. The
BAseries shall not be subordinated to any other series of Notes. 
 Section 2.02. New Issuances of Notes. The Issuer may issue
new tranches of Notes (including additional Notes of an Outstanding tranche) to be included in the BAseries, so long as the following conditions precedent are satisfied: 
 (i) on or before the date that the new issuance is to occur, the Issuer will have delivered to the Indenture Trustee a terms document
relating to the applicable tranche of Notes; 
 (ii) if the issuance of Notes results in an increase in the targeted deposit
amount of any Class C Reserve sub-Account of a tranche of Class C Notes, on such issuance date the Issuer will have funded such increase with a cash deposit to such Class C Reserve sub-Account; 
 (iii) the conditions specified in Section 310 of the Indenture and Section 2.03 of this Indenture Supplement, as
applicable, are satisfied; and 
 (iv) any other conditions specified in the related terms document. 
 Section 2.03. Required Subordinated Amount Conditions to Issuance of a Tranche of a Senior Class of Notes. 
 (a) Class A Required Subordinated Amount of Class B Notes. On the issuance date of a tranche of Class A Notes, immediately after giving
effect to such issuance, the available subordinated amount of Class B Notes for such tranche of Class A Notes must be at least equal to the Class A Required Subordinated Amount of Class B Notes for such tranche of Class A Notes. For
purposes of this Section, the available subordinated amount of Class B Notes for such tranche of Class A Notes as of any date means the sum of the following, after giving effect to any issuances, deposits, allocations, reallocations or payments
to be made on that date: 
 (i) the aggregate Nominal Liquidation Amount of all tranches of Class B Notes which are
Outstanding on that date; minus 
  

 14 

 (ii) the aggregate Class A Required Subordinated Amount of Class B Notes for all
other tranches of Class A Notes which are Outstanding on that date. 
 (b) Class A Required Subordinated Amount of Class C
Notes. On the issuance date of a tranche of Class A Notes, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes for such tranche of Class A Notes must be at least equal to the
Class A Required Subordinated Amount of Class C Notes for such tranche of Class A Notes. For purposes of this clause, the available subordinated amount of Class C Notes for such tranche of Class A Notes as of any date means the sum of
the following, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date: 
 (i) the aggregate Nominal Liquidation Amount of all tranches of Class C Notes which are Outstanding on that date; minus 
 (ii) the aggregate Class A Required Subordinated Amount of Class C Notes for all other tranches of Class A Notes which are Outstanding on that date. 
 (c) Class B Required Subordinated Amount of Class C Notes. On the issuance date of a tranche of Class B Notes, immediately after giving effect to
such issuance, the available subordinated amount of Class C Notes for such tranche of Class B Notes must be at least equal to the Class B Required Subordinated Amount of Class C Notes for such tranche of Class B Notes. For purposes of this clause,
the available subordinated amount of Class C Notes for such tranche of Class B Notes as of any date means the sum of the following, after giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date:

 (i) the aggregate Nominal Liquidation Amount of all tranches of Class C Notes which are Outstanding on that date;
minus 
 (ii) the aggregate Class B Required Subordinated Amount of Class C Notes for all other tranches of Class B
Notes which are Outstanding on that date. 
 (d) Class B Required Subordinated Amount of Class C Notes. On the issuance date of a
tranche of Class A Notes, immediately after giving effect to such issuance, the available subordinated amount of Class C Notes for all tranches of Class B Notes must be at least equal to the aggregate Class B Required Subordinated Amount of
Class C Notes for all tranches of Class B Notes which are Outstanding on that date. For purposes of this clause, the available subordinated amount of Class C Notes for all tranche of Class B Notes as of any date means the sum of the following, after
giving effect to any issuances, deposits, allocations, reallocations or payments to be made on that date: 
 (i) the aggregate
Nominal Liquidation Amount of all tranches of Class C Notes which are Outstanding on that date; minus 
  

 15 

 (ii) the aggregate Class A Required Subordinated Amount of Class C Notes for all
tranches of Class A Notes for which the Class A Required Subordinated Amount of Class B Notes is equal to zero which are Outstanding on that date. 
 [END OF ARTICLE II] 
  

 16 

 ARTICLE III 
 Allocations, Deposits and Payments 
 Section 3.01. Allocations of BAseries Available Funds. On
each Transfer Date, the Indenture Trustee will apply BAseries Available Funds, as follows: 
 (a) first, to make the targeted deposits to the
Interest Funding Account pursuant to Section 3.02; 
 (b) second, to pay the BAseries Servicing Fee plus any previously
due and unpaid BAseries Servicing Fee to the Servicer; 
 (c) third, to be treated as BAseries Available Principal Amounts for application in
accordance with Section 3.07 in an amount equal to the BAseries Investor Default Amount, if any, for the preceding Monthly Period; 
 (d) fourth, to be treated as BAseries Available Principal Amounts for application in accordance with Section 3.07 in an amount equal to the Nominal Liquidation Amount Deficit, if any; 
 (e) fifth, to make the targeted deposit to the Accumulation Reserve Account, if any, pursuant to Section 3.24; 
 (f) sixth, to make the targeted deposit to the Class C Reserve Account, if any, pursuant to Section 3.22; 
 (g) seventh, to make any other payment or deposit required by the terms documents of any class or tranche of BAseries Notes; 
 (h) eighth, to be treated as Shared Excess Available Funds for application in accordance with Section 3.27; and 
 (i) ninth, to the Issuer. 
 Section
3.02. Targeted Deposits to the Interest Funding Account. The aggregate amount of BAseries Available Funds targeted to be deposited into the Interest Funding Account pursuant to Section 3.01(a) on each Transfer Date is equal to
the sum of the following amounts. A single tranche of Notes may be entitled to more than one of the following targeted deposits on any Transfer Date. The targeted deposit on any Transfer Date will also include any shortfall in the targeted deposit
with respect to any prior Transfer Date which has not been previously deposited. 
 (a) Specified Deposits. If the terms document for
a tranche of Notes specifies a deposit to be made to the Interest Funding sub-Account for that tranche, the deposit targeted for that tranche of Notes with respect to that Transfer Date is such specified amount. 
  

 17 

 (b) Interest Payments. The deposit targeted for any tranche of Outstanding Interest-bearing Notes
on each Transfer Date will be equal to the amount of interest accrued on the Outstanding Dollar Principal Amount of that tranche of Notes during the period from and including the Monthly Interest Accrual Date in the prior Monthly Period to but
excluding the Monthly Interest Accrual Date in the current Monthly Period. 
 (c) Amounts Owed to Derivative Counterparties. If a
tranche of Outstanding Dollar Notes or foreign currency Notes that has a Performing or non-Performing Derivative Agreement for interest provides for a payment to the applicable Derivative Counterparty, the deposit targeted for that tranche of Notes
on each Transfer Date with respect to any payment to the Derivative Counterparty will be specified in the related terms document. 
 (d)
Discount Notes. The deposit targeted for a tranche of Outstanding Discount Notes on each Transfer Date is equal to the amount of accretion of principal of that tranche of Notes from the Monthly Principal Accrual Date in the related Monthly
Period (or in the case of the first Transfer Date with respect to any tranche of Notes, from the date of issuance of that tranche of Notes) to but excluding the Monthly Principal Accrual Date for the next month. 
 (e) Additional Interest. Unless otherwise specified in the applicable terms document, the deposit targeted for any tranche of Outstanding Notes
(other than Discount Notes) for any month that has previously due and unpaid interest will include the interest accrued on that overdue interest from and including the Monthly Interest Accrual Date in that month to but excluding the Monthly Interest
Accrual Date next following that month at the rate of interest applicable to the principal of that tranche during that period. 
 Section
3.03. Allocations of BAseries Available Funds to Interest Funding sub-Accounts. The aggregate amount to be deposited to the Interest Funding Account pursuant to Section 3.01(a) for each Monthly Period will be allocated, and a
portion deposited into the Interest Funding sub-Account for each tranche of Notes, as follows: 
 (a) BAseries Available Funds at Least
Equal to Targeted Amounts. If the amount of funds available for a Monthly Period pursuant to Section 3.01 is at least equal to the aggregate amount of the deposits and payments targeted by Section 3.02, then the full
amount of each such deposit and payment will be made to the applicable Interest Funding sub-Accounts. 
 (b) BAseries Available Funds are
Less than Targeted Amounts. If the amount of funds available for a Monthly Period pursuant to Section 3.01 is less than the aggregate amount of the deposits targeted by Section 3.02, then the amount available will be
allocated to each tranche of Notes as follows: 
 (i) first, to each tranche of Class A Notes pro rata based on
the ratio of (A) the aggregate amount of the deposits targeted by Section 3.02 with respect to that tranche of Class A Notes, to (B) the aggregate amount of the deposits targeted by Section 3.02 with respect to
all tranches of Class A Notes, and 
 (ii) second, to each tranche of Class B Notes pro rata based on the ratio of
(A) the aggregate amount of the deposits targeted by Section 3.02 with respect to that 

  

 18 

 
tranche of Class B Notes, to (B) the aggregate amount of the deposits targeted by Section 3.02 with respect to all tranches of Class B
Notes, and 
 (iii) third, to each tranche of Class C Notes pro rata based on the ratio of (A) the aggregate
amount of the deposits targeted by Section 3.02 with respect to that tranche of Class C Notes, to (B) the aggregate amount of the deposits targeted by Section 3.02 with respect to all tranches of Class C Notes.

 Section 3.04. Amounts to be Treated as BAseries Available Funds; Payments Received from Derivative Counterparties for Interest
in Foreign Currencies; Other Deposits to the Interest Funding sub-Accounts. The following deposits and payments will be made on the following dates: 
 (a) Amounts to be Treated as BAseries Available Funds. In addition to Available Funds allocated to the BAseries pursuant to Section 501 of the Indenture, the following amounts shall be treated as
BAseries Available Funds for application in accordance with this Article III for any Monthly Period: 
 (i) PFA
Accumulation Earnings Shortfall. The aggregate amount withdrawn from the Accumulation Reserve Account pursuant to Section 3.25(a) will be treated as BAseries Available Funds for such Monthly Period. 
 (ii) PFA Prefunding Earnings Shortfall. On or prior to each Transfer Date, the Issuer will calculate the PFA Prefunding Earnings
Shortfall (if any) for the Principal Funding sub-Account for each tranche of Notes. If there is any PFA Prefunding Earnings Shortfall for any Principal Funding sub-Account for that Transfer Date, or any unpaid PFA Prefunding Earnings Shortfall for
any Principal Funding sub-Account from any earlier Transfer Date, in each case for any tranche of Notes, the Issuer will notify the Master Trust pursuant to Section 4.09 of the Series 2001-D Supplement of that amount. On each Transfer
Date, the Indenture Trustee will treat as BAseries Available Funds the amount received by the Issuer pursuant to Section 4.09 of the Series 2001-D Supplement with respect to each Principal Funding sub-Account, if any; provided,
however, that any amount paid to the Issuer pursuant to the proviso to Section 4.09(b) of the Series 2001-D Supplement will be deposited directly into the applicable Interest Funding sub-Accounts pro rata based on the
Nominal Liquidation Amount as of the close of business on the last day of the preceding Monthly Period of each tranche with prefunded amounts in its Principal Funding sub-Account. 
 (iii) Dollar Payments from Derivative Counterparties for Interest. Dollar payments received under Derivative Agreements for
interest for any tranche of Notes will be treated as BAseries Available Funds. 
 (iv) Sub-Account Earnings. Any PFA
Accumulation Earnings, any PFA Prefunding Earnings, any Accumulation Reserve Account Earnings and any Interest Funding sub-Account Earnings for any Transfer Date will be treated as BAseries Available Funds for such Transfer Date. 
  

 19 

 (v) Shared Excess Available Funds. Any Shared Excess Available Funds allocable to
the BAseries will be treated as BAseries Available Funds pursuant to Section 3.27(a). 
 (vi) Other
Amounts. This Indenture Supplement or the terms document for any tranche of Notes may include additional amounts which are to be treated as BAseries Available Funds for any Transfer Date. 
 (b) Payments Received From Derivative Counterparties. Payments received under Derivative Agreements for Notes with interest payable in foreign
currencies will be applied as specified in the applicable terms document. 
 (c) Other Deposits to the Interest Funding sub-Accounts.

 (i) Class C Reserve Account. Withdrawals made from the Class C Reserve Account pursuant to
Section 3.23(a) will be deposited into the applicable Interest Funding sub-Account on the Transfer Date. 
 (ii)
Receivables Sales Proceeds. Receivables Sales Proceeds received by the Issuer pursuant to Section 3.20(c)(ii) for any tranche of Notes will be deposited into the applicable Interest Funding sub-Account on the date of receipt by
the Issuer. 
 (iii) Other Amounts. This Indenture Supplement or the terms document for any tranche may include
additional amounts which are to be deposited into the applicable Interest Funding sub-Account on the Transfer Date. 
 Section 3.05.
Allocations of Reductions from Investor Charge-Offs to the Nominal Liquidation Amount of Subordinated Classes. On each Transfer Date when there is an Investor Charge-Off with respect to the related Monthly Period, that reduction will be
allocated (and reallocated) on that date to each tranche of Notes as set forth in this Section. 
 (a) Initially, the amount of such Investor
Charge-Off will be allocated to each tranche of Outstanding Notes pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche for such Monthly Period to the Weighted Average Available Funds
Allocation Amount for the BAseries for such Monthly Period. 
 (b) Immediately afterwards, the amount of Investor Charge-Offs allocated to
the Class A Notes pursuant to clause (a) will be reallocated to the Class C Notes subject to the limitations set forth in clauses (c) and (e), and the amount of Investor Charge-Offs allocated to the Class A Notes pursuant to
clause (a) and not reallocated to the Class C Notes due to the limitations set forth in clauses (c) and (e) will be reallocated to the Class B Notes subject to the limitations set forth in clauses (c) and (e). Immediately after
giving effect to the preceding sentence, the aggregate amount of Investor Charge-Offs allocated to the Class B Notes pursuant to clause (a) or reallocated to the Class B Notes pursuant to the preceding sentence will be reallocated to the Class
C Notes subject to the limitations set forth in clauses (d) and (e). Any amount of Investor Charge-Offs which cannot be reallocated from a senior class to a 

  

 20 

 
subordinated class due to the limitations in clauses (c), (d) and (e) will reduce the Nominal Liquidation Amount of the related senior tranche of
Notes. 
 (c) (i) The reallocation in clause (b) of Investor Charge-Offs from any tranche of Class A Notes to the Class C Notes is
subject to the limitation that after giving effect to clause (a) and to such reallocation from that tranche of Class A Notes to the Class C Notes, that tranche’s Class A Usage of Class C Required Subordinated Amount (computed
before giving effect to any reallocations of Investor Charge-Offs from any Class B Notes and any reallocation of BAseries Available Principal Amounts on such date) will not exceed that tranche’s Class A Required Subordinated Amount of
Class C Notes. 
 (ii) The reallocation in clause (b) of Investor Charge-Offs from any tranche of Class A Notes to
the Class B Notes is subject to the limitation that after giving effect to clause (a) and to such reallocation from that tranche of Class A Notes to the Class B Notes, that tranche’s Class A Usage of Class B Required Subordinated
Amount (computed before giving effect to any reallocations of BAseries Available Principal Amounts on such date) will not exceed that tranche’s Class A Required Subordinated Amount of Class B Notes. 
 (d) The reallocation in clause (b) of Investor Charge-Offs from any tranche of Class B Notes to the Class C Notes is subject to the limitation that
after giving effect to clause (a) and such reallocation from that tranche of Class B Notes and reallocations from any tranche of Class A Notes to any tranche of Class C Notes, that tranche’s Class B Usage of Class C Required
Subordinated Amount (computed before giving effect to any reallocations of BAseries Available Principal Amounts on such date) will not exceed that tranche’s Class B Required Subordinated Amount of Class C Notes. 
 (e) (i) The amount permitted to be reallocated to tranches of Class C Notes pursuant to clause (b) will be applied to each tranche of Class C Notes
pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche of Class C Notes for the related Monthly Period to the Weighted Average Available Funds Allocation Amount for all Class C Notes for the
related Monthly Period. 
 (ii) Any such reallocation that would otherwise have reduced the Nominal Liquidation Amount of a
tranche of Class C Notes below zero will be reallocated to the remaining tranches of Class C Notes as set forth in this clause (e), but in no event will the Nominal Liquidation Amount (after giving effect to this clause (e)) of any tranche of Class
C Notes be reduced below zero. 
 (iii) The amount permitted to be reallocated to tranches of Class B Notes pursuant to clause
(b) will be applied to each tranche of Class B Notes pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche of Class B Notes for such Monthly Period to the Weighted Average Available Funds
Allocation Amount for all tranches of Class B Notes in the BAseries for such Monthly Period. 
  

 21 

 (iv) Any such reallocation that would otherwise have reduced the Nominal Liquidation
Amount of a tranche of Class B Notes below zero will be reallocated to the remaining tranches of Class B Notes as set forth in this clause (e), but in no event will the Nominal Liquidation Amount (after giving effect to this clause (e)) of any
tranche of Class B Notes be reduced below zero. 
 (f) In the case of each tranche of Notes, the Nominal Liquidation Amount of each such
tranche will be reduced by an amount equal to the Investor Charge-Offs which are allocated or reallocated to that tranche of Notes, less the amount of Investor Charge-Offs that are reallocated from that tranche of Notes to Notes of a subordinated
class of Notes. 
 Section 3.06. Allocations of Reimbursements of Nominal Liquidation Amount Deficits. If, as of any Transfer
Date, there are BAseries Available Funds available pursuant to Section 3.01(d) to reimburse any Nominal Liquidation Amount Deficits as of such Transfer Date, such funds will be allocated to each tranche of Notes as follows: 

(a) first, to each tranche of Class A Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the aggregate
Nominal Liquidation Amount Deficits of all tranches of Class A Notes, but in no event will the Nominal Liquidation Amount of such a tranche of Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such tranche,

 (b) second, to each tranche of Class B Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the
aggregate Nominal Liquidation Amount Deficit of all tranches of Class B Notes, but in no event will the Nominal Liquidation Amount of such a tranche of Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such tranche, and

 (c) third, to each tranche of Class C Notes pro rata based on the ratio of the Nominal Liquidation Amount Deficit thereof to the
aggregate Nominal Liquidation Amount Deficit of all tranches of Class C Notes, but in no event will the Nominal Liquidation Amount of such a tranche of Notes be increased above the Adjusted Outstanding Dollar Principal Amount of such tranche.

 Section 3.07. Application of BAseries Available Principal Amounts. On each Transfer Date, the Indenture Trustee will apply
BAseries Available Principal Amounts as follows: 
 (a) first, with respect to each Monthly Period, if after giving effect to deposits to be
made with respect to such Monthly Period pursuant to Section 3.01(a), any tranche of Class A Notes has not received the full amount targeted to be deposited pursuant to Section 3.02 with respect to that Monthly Period,
then BAseries Available Principal Amounts (in an amount not to exceed the sum of the Daily Principal Amounts for each day during such Monthly Period for all Class C Notes and Class B Notes) will be allocated to the Interest Funding sub-Account of
each such tranche of Class A Notes pro rata based on, in the case of each such tranche of Class A Notes, the lesser of the following amounts: 
 (i) the amount of the deficiency in the targeted amount to be deposited into the Interest Funding sub-Account of such tranche of
Class A Notes; and 
  

 22 

 (ii) an amount equal to the sum of (A) the Class A Unused Subordinated Amount
of Class C Notes and (B) the Class A Unused Subordinated Amount of Class B Notes, in each case, for such tranche of Class A Notes (determined after giving effect to the application of Investor Charge-Offs pursuant to
Section 3.05); 
 (b) second, with respect to each Monthly Period, if after giving effect to deposits to be made with respect to
such Monthly Period pursuant to Section 3.01(a) any tranche of Class B Notes has not received the full amount targeted to be deposited pursuant to Section 3.02 with respect to that Monthly Period, then BAseries Available
Principal Amounts (in an amount, not less than zero, not to exceed the sum of the Daily Principal Amounts for each day during such Monthly Period for all Class B Notes and Class C Notes minus the aggregate amount of BAseries Available
Principal Amounts reallocated pursuant to clause (a) above) will be allocated to the Interest Funding sub-Account of each such tranche of Class B Notes pro rata based on, in the case of each such tranche of Class B Notes, the lesser of
the following amounts: 
 (i) the amount of the deficiency in the targeted amount to be deposited into the Interest Funding
sub-Account of such tranche of Class B Notes; and 
 (ii) an amount equal to the Class B Unused Subordinated Amount of Class C
Notes for such tranche of Class B Notes (determined after giving effect to the application of Investor Charge-Offs pursuant to Section 3.05 and the reallocation of BAseries Available Principal Amount pursuant to clause (a) above);

 (c) third, with respect to each Monthly Period, if after giving effect to payments to be made with respect to such Monthly Period pursuant
to Sections 3.01(b), the Servicer has not received the full amount to be paid pursuant to Section 3.01(b) with respect to that Monthly Period, then BAseries Available Principal Amounts (in an amount, not less than zero, not to
exceed the sum of the Daily Principal Amounts for each day during such Monthly Period for all Class C Notes and Class B Notes minus the aggregate amount of BAseries Available Principal Amounts reallocated pursuant to clauses (a) and
(b) above) will be paid to the Servicer in an amount equal to, and allocated to each such tranche of Class A Notes pro rata based on, in the case of each such tranche of Class A Notes, the lesser of the following amounts:

 (i) the amount of the deficiency allocated to such tranche of Class A Notes pursuant to Section 3.08; and

 (ii) an amount equal to the sum of (A) the Class A Unused Subordinated Amount of Class C Notes and (B) the
Class A Unused Subordinated Amount of Class B Notes, in each case, for such tranche of Class A Notes (determined after giving effect to the application of Investor Charge-Offs pursuant to Section 3.05 and the reallocation of
BAseries Available Principal Amount pursuant to clauses (a) and (b) above); 
 (d) fourth, with respect to each Monthly Period, if
after giving effect to payments to be made with respect to such Monthly Period pursuant to Section 3.01(b), the Servicer has not received the full amount to be paid pursuant to Section 3.01(b) with respect to that Monthly

  

 23 

 
Period, then BAseries Available Principal Amounts (in an amount, not less than zero, not to exceed the sum of the Daily Principal Amounts for each day during
such Monthly Period for all Class B Notes and Class C Notes, minus the aggregate amount of BAseries Available Principal Amounts reallocated pursuant to clauses (a) through (c) above) will be paid to the Servicer in an amount equal
to, and allocated to each such tranche of Class B Notes pro rata based on, in the case of each such tranche of Class B Notes, the lesser of the following amounts: 
 (i) the amount of the deficiency allocated to such tranche of Class B Notes pursuant to Section 3.08; and 
 (ii) an amount equal to the Class B Unused Subordinated Amount of Class C Notes for such tranche of Class B Notes (determined after giving
effect to the application of Investor Charge-Offs pursuant to Section 3.05 and the reallocation of BAseries Available Principal Amount pursuant to clauses (a) through (c) above); 
 (e) fifth, to make the targeted deposits to the Principal Funding Account pursuant to Section 3.10; and 
 (f) sixth, to the Issuer for reinvestment in the Investor Interest of the Collateral Certificate. 
 Section 3.08. Allocation of Servicing Fee Shortfalls. On each Transfer Date if after giving effect to payments to be made with respect to
such Monthly Period pursuant to Section 3.01(b), the Servicer has not received the full amount to be paid pursuant to Section 3.01(b) with respect to that Monthly Period, the aggregate amount of such shortfall will be
allocated to each tranche of Outstanding Notes pro rata based on the ratio of the Weighted Average Available Funds Allocation Amount for such tranche for such Monthly Period to the Weighted Average Available Funds Allocation Amount for the
BAseries for such Monthly Period. 
 Section 3.09. Computation of Reductions to the Nominal Liquidation Amount of Subordinated
Classes from Reallocations of BAseries Available Principal Amounts. 
 (a) Each reallocation of BAseries Available Principal Amounts
deposited to the Interest Funding sub-Account of a tranche of Class A Notes pursuant to Section 3.07(a) will reduce the Nominal Liquidation Amount of the Class C Notes; provided, however, that the amount of such
reduction for each such tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class C Notes for such tranche of Class A Notes (after giving effect to any reductions pursuant to Section 3.05).

 (b) Each reallocation of BAseries Available Principal Amounts deposited to the Interest Funding sub-Account of a tranche of Class A
Notes pursuant to Section 3.07(a) which does not reduce the Nominal Liquidation Amount of Class C Notes pursuant to clause (a) above will reduce the Nominal Liquidation Amount of the Class B Notes; provided, however,
that the amount of such reduction for each such tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class B Notes for such tranche of Class A Notes (after giving effect to any reductions pursuant to
Section 3.05). 
  

 24 

 (c) Each reallocation of BAseries Available Principal Amounts deposited to the Interest Funding
sub-Account of a tranche of Class B Notes pursuant to Section 3.07(b) will reduce the Nominal Liquidation Amount (determined after giving effect to clause (a) above) of the Class C Notes. 
 (d) Each reallocation of BAseries Available Principal Amounts paid to the Servicer pursuant to Section 3.07(c) will reduce the Nominal
Liquidation Amount (determined after giving effect to clauses (a) and (c) above) of the Class C Notes; provided, however, that the amount of such reduction for each such tranche of Class A Notes shall not exceed the
Class A Unused Subordinated Amount of Class C Notes for such tranche of Class A Notes (after giving effect to clause (a) and any reductions pursuant to Section 3.05). 
 (e) Each reallocation of BAseries Available Principal Amounts paid to the Servicer pursuant to Section 3.07(c) which does not reduce the
Nominal Liquidation Amount of Class C Notes pursuant to clause (d) above will reduce the Nominal Liquidation Amount (determined after giving effect to clause (b) above) of the Class B Notes; provided, however, that the amount
of such reduction for each such tranche of Class A Notes shall not exceed the Class A Unused Subordinated Amount of Class B Notes for such tranche of Class A Notes (after giving effect to clause (b) and any reductions pursuant to
Section 3.05). 
 (f) Each reallocation of BAseries Available Principal Amounts paid to the Servicer pursuant to
Section 3.07(d) will reduce the Nominal Liquidation Amount (determined after giving effect to clauses (a), (c) and (d) above) of the Class C Notes. 
 (g) The aggregate amount of the reallocation of BAseries Available Principal Amounts which reduce the Nominal Liquidation Amount of Class B Notes pursuant to clause (b) and (e) above will reduce the Nominal
Liquidation Amount (determined after giving effect to any reductions pursuant to Section 3.05) of each tranche of the Class B Notes pro rata based on ratio of the Weighted Average Available Funds Allocation Amount for such tranche
of Class B Notes for the related Monthly Period to the Weighted Average Available Funds Allocation Amount for all Class B Notes for the related Monthly Period; provided, however, that any allocation of any such reduction that would
otherwise have reduced the Nominal Liquidation Amount of a tranche of Class B Notes below zero will be reallocated to the remaining tranches of Class B Notes as set forth in this clause (g), but in no event will the Nominal Liquidation Amount (after
giving effect to this clause (g)) of any tranche of Class B Notes be reduced below zero; provided further, however, that the amount of any such reduction of the Nominal Liquidation Amount of a tranche of Class B Notes will be limited
by the aggregate amount of such reduction which results in a reduction of the Nominal Liquidation Amount of the Class C Notes pursuant to clause (h) below. 
 (h) Each reallocation of BAseries Available Principal Amounts which reduces the Nominal Liquidation Amount of Class B Notes pursuant to clause (g) above will reduce the Nominal Liquidation Amount (determined
after giving effect to clause (a), (c), (d) and (f) and any reductions pursuant to Section 3.05) of the Class C Notes; provided, however, that the amount of such reduction for each such tranche of Class B Notes
shall not exceed the Class B Unused Subordinated Amount of Class C Notes for such tranche of Class B Notes (after giving effect to clause (a), (c), (d) and (f) and any reductions pursuant to Section 3.05). 
  

 25 

 (i) The aggregate amount of the reallocation of BAseries Available Principal Amounts which reduce the
Nominal Liquidation Amount of Class C Notes pursuant to clause (a), (c), (d), (f) and (h) above will reduce the Nominal Liquidation Amount (determined after giving effect to any reductions pursuant to Section 3.05) of each
tranche of the Class C Notes pro rata based on ratio of the Weighted Average Available Funds Allocation Amount for such tranche of Class C Notes for the related Monthly Period to the Weighted Average Available Funds Allocation Amount for all
Class C Notes for the related Monthly Period; provided, however, that any allocation of any such reduction that would otherwise have reduced the Nominal Liquidation Amount of a tranche of Class C Notes below zero will be reallocated to
the remaining tranches of Class C Notes as set forth in this clause (i), but in no event will the Nominal Liquidation Amount (after giving effect to this clause (i)) of any tranche of Class C Notes be reduced below zero. 
 Section 3.10. Targeted Deposits of BAseries Available Principal Amounts to the Principal Funding Account. The amount of the deposit
targeted for any tranche of Notes with respect to any Monthly Period to be deposited into the Principal Funding sub-Account for that tranche will be the sum of (i) the amount determined pursuant to clause (a), (b), (c), (d) or
(e) with respect to such tranche for such Monthly Period, as applicable, or if more than one such clause is applicable, the highest amount determined pursuant to any one of such clauses, and (ii) any deposit targeted pursuant to clause
(i) with respect to such tranche for any prior Monthly Period but for which the full targeted deposit was not made, but in no case more than the Nominal Liquidation Amount of such tranche (computed immediately before giving effect to such
deposit but after giving effect to any Investor Charge-Offs and any reallocations of BAseries Available Principal Amounts on such date). 
 (a) Principal Payment Date. With respect to the Monthly Period immediately preceding each Principal Payment Date, the deposit targeted for that tranche of Notes, unless otherwise specified in the related terms agreement, is equal to
the Nominal Liquidation Amount of that tranche of Notes as of the close of business on the last day of the Monthly Period preceding such Monthly Period (determined after giving effect to any Investor Charge-Offs and any reallocations, payments or
deposits of BAseries Available Principal Amounts on the following Transfer Date). 
 (b) Budgeted Deposits. 
 (i) Subject to Section 3.10(d), with respect to each Monthly Period, beginning with the Accumulation Commencement Date, the
deposit targeted to be made into the Principal Funding sub-Account for that tranche will be the Controlled Accumulation Amount for that tranche specified in the applicable terms document, or if no such amount is specified, beginning with the twelfth
Monthly Period before the Monthly Period in which the Expected Principal Payment Date of that tranche of Notes occurs, an amount equal to one-twelfth of the expected Outstanding Dollar Principal Amount of such tranche of Notes as of such Expected
Principal Payment Date. 
 (ii) Notwithstanding anything to the contrary in clause (i), on or before the Transfer Date
immediately preceding the first Business Day of the month that is twelve 

  

 26 

 
(12) months prior to the Expected Principal Payment Date of any tranche of Notes, and each Determination Date thereafter until the Accumulation Commencement
Date, the Issuer will determine the “Accumulation Period Length” which will equal the number of whole months such that the sum of the Accumulation Period Factors for each month during such period will be equal to or greater than the
Required Accumulation Factor Number; provided, however, that the Accumulation Period Length will not be determined to be less than one month; provided further, however, that the determination of the Accumulation
Period Length may be changed at any time if the Note Rating Agencies provide prior written confirmation that a Ratings Effect will not occur with respect to such change. 
 (c) Prefunding of the Principal Funding Account of Senior Classes. If the Issuer determines as of the end of the preceding Monthly Period with respect to any Class A Notes or Class B Notes that, after
giving effect to all allocations and payments with respect to that Monthly Period, the Prefunding Target Amount of that class is greater than zero, the targeted deposit to the Principal Funding sub-Accounts for the affected classes will be the
Prefunding Target Amount for the BAseries. 
 (d) Event of Default, Early Redemption Event, Other Optional or Mandatory Redemption. If
any tranche of Notes has been accelerated during a Monthly Period after the occurrence of an Event of Default, or if an Early Redemption Event with respect to any tranche of Notes occurs during such Monthly Period, or with respect to the Monthly
Period immediately preceding any other date fixed for any other optional or mandatory redemption of any tranche of Notes, the deposit targeted for that tranche of Notes with respect to that Monthly Period and each following Monthly Period is equal
to Nominal Liquidation Amount of that tranche of Notes as of the close of business on the last day of the preceding Monthly Period (after taking into account any reallocations, payments or deposits on the following Transfer Date). 
 (e) Amounts Owed to Derivative Counterparties. If a tranche of Outstanding Dollar Notes or foreign currency Notes that has a Performing or
non-Performing Derivative Agreement for principal provides for a payment to the applicable Derivative Counterparty, the deposit targeted for that tranche of Notes on each Transfer Date with respect to any payment to the Derivative Counterparty will
be specified in the related terms document. 
 Section 3.11. Allocations among Principal Funding sub-Accounts. Subject to the
restrictions of Section 3.15, the aggregate amount of the deposits to be made to the Principal Funding Account for each tranche of Notes pursuant to Section 3.10 for each Monthly Period will be allocated, and a portion
deposited in the Principal Funding sub-Account for each tranche of Notes, as follows: 
 (a) BAseries Available Principal Amounts Equal to
Targeted Amount. Subject to clause (c) below, if BAseries Available Principal Amounts remaining after giving effect to Sections 3.07(a) through (d) are equal to the aggregate amount of BAseries Available Principal Amounts
targeted to be deposited into the Principal Funding Account for all tranches of Notes pursuant to Section 3.10, then that targeted amount is deposited in the Principal Funding sub-Account established for each tranche. 
  

 27 

 (b) BAseries Available Principal Amounts Are Less Than Targeted Amounts. Subject to clause
(c) below, if BAseries Available Principal Amounts remaining after giving effect to Sections 3.07(a) through (d) are less than the aggregate amount targeted to be deposited into the Principal Funding Account for all tranches
of Notes pursuant to Section 3.10, then the amount available will be deposited in the Principal Funding sub-Account established for each tranche in the following priority: 
 (i) first, the amount available will be allocated to the Class A notes pro rata based on the ratio of (A) the amount
targeted to be deposited into the Principal Funding sub-Account for such tranche of Class A Notes pursuant to Section 3.10, to (B) the aggregate amount targeted to be deposited into the Principal Funding sub-Account for all
tranches of Class A Notes pursuant to Section 3.10; 
 (ii) second, the amount available after the
application in clause (i) above will be allocated to the Class B notes, pro rata based on the ratio of (A) the amount targeted to be deposited into the Principal Funding sub-Account for such tranche of Class B Notes pursuant to
Section 3.10, to (B) the aggregate amount targeted to be deposited into the Principal Funding sub-Account for all tranches of Class B Notes pursuant to Section 3.10; and 
 (iii) third, the amount available after the applications in clauses (i) and (ii) above will be allocated to the Class C notes,
pro rata based on the ratio of (A) the amount targeted to be deposited into the Principal Funding sub-Account for such tranche of Class C Notes pursuant to Section 3.10, to (B) the aggregate amount targeted to be
deposited into the Principal Funding sub-Account for all tranches of Class C Notes pursuant to Section 3.10. 
 (c)
Reallocation of Deposits to the Principal Funding sub-Account of Subordinated Notes. If the restrictions of Section 3.15(a) prevent the deposit of BAseries Available Principal Amounts into the Principal Funding sub-Account of any
subordinated note, the aggregate amount of BAseries Available Principal Amounts available to make the targeted deposit for such subordinated tranche will be allocated first, to each tranche of Class A Notes pro rata based on
the ratio of (A) the Required Subordinated Amount with respect to such subordinated class of Notes for such Class A Notes to (B) the Required Subordinated Amount with respect to such subordinated class of Notes for all Class A
Notes and, second, if applicable, to each tranche of Class B Notes pro rata based on the ratio of (A) the Required Subordinated Amount with respect to such subordinated class of Notes for such Class B Notes to (B) the
Required Subordinated Amount with respect to such subordinated class of Notes for all Class B Notes. 
 Section 3.12. Amounts to be
Treated as BAseries Available Principal Amounts; Payments Received from Derivative Counterparties for Principal; Other Deposits to Principal Funding sub-Accounts. The following deposits and payments will be made on the following dates:

 (a) Amounts to be Treated as BAseries Available Principal Amounts. In addition to Available Principal Amounts allocated to the
BAseries pursuant to Section 502 of the Indenture, 

  

 28 

 
the following amounts shall be treated as BAseries Available Principal Amounts for application in accordance with this Article III for any Monthly
Period: 
 (i) Reallocated BAseries Available Funds. BAseries Available Principal Amounts will include BAseries
Available Funds reallocated to be treated as BAseries Available Principal Amounts pursuant to Section 3.01(c) or 3.01(d). 
 (ii) Dollar Payments from Derivative Counterparties for Principal. Dollar payments received under Derivative Agreements for principal for any tranche of Notes will be treated as BAseries Available Principal
Amounts. 
 (iii) Other Amounts. The terms document for any tranche of Notes may include additional amounts which are
to be treated as BAseries Available Principal Amounts for any Transfer Date. 
 (b) Payments Received from Derivative Counterparties.
Payments received under Derivative Agreements for Notes with principal payable in foreign currencies will be applied as specified in the applicable terms document. 
 (c) Class C Reserve sub-Account. Withdrawals made from the Class C Reserve sub-Account for any tranche of Notes pursuant to Section 3.23(b) will be deposited into the applicable Principal Funding
sub-Account on the Transfer Date. 
 (d) Receivables Sale Proceeds. Receivables Sales Proceeds received pursuant to
Section 3.20(c)(i) for any tranche of Notes will be deposited into the applicable Principal Funding sub-Account on the date of receipt by the Issuer. 
 Section 3.13. Withdrawals from Interest Funding Account. Withdrawals made pursuant to this Section 3.13 with respect to any tranche of Notes will be made from the Interest Funding sub-Account
established for that tranche only after all allocations and reallocations have been made pursuant to Sections 3.02, 3.03, 3.04 and 3.07. In no event will the aggregate amount of the withdrawals from an Interest Funding
sub-Account for any month be more than the amount on deposit in the applicable Interest Funding sub-Account. A single tranche of Notes may be entitled to more than one of the following withdrawals in any month. 
 (a) Withdrawals for Dollar Notes. On each Interest Payment Date (or as specified in the applicable terms document) with respect to each tranche of
Dollar Notes, an amount equal to the interest due on the applicable tranche of Notes on such Interest Payment Date (including any overdue and additional interest with respect to prior Interest Payment Dates) will be withdrawn from that Interest
Funding sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided in the applicable terms document. 
 (b)
Withdrawals for Foreign Currency Notes with a non-Performing Derivative Agreement for Interest. On each Interest Payment Date (or as specified in the applicable terms document) with respect to a tranche of foreign currency Notes that has a
non-Performing Derivative Agreement for interest, the amount specified in the applicable terms document will be withdrawn from that Interest Funding sub-Account and, if so specified in the applicable terms 

  

 29 

 
document, converted to the applicable foreign currency at the Spot Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provided in
the applicable terms document. 
 (c) Withdrawals for Discount Notes. On each applicable Principal Payment Date, with respect to each
tranche of Discount Notes, an amount equal to the amount of the accretion of principal of that tranche of Notes from the prior Principal Payment Date (or, in the case of the first Principal Payment Date, the date of issuance of that tranche) to but
excluding the applicable Principal Payment Date will be withdrawn from that Interest Funding sub-Account and invested in the Investor Interest of the Collateral Certificate pursuant to Section 3.17. 
 (d) Withdrawals for Payments to Derivative Counterparties. On each date on which a payment is required to be made to the Derivative Counterparty
under the applicable Derivative Agreement (or as specified in the applicable terms document) with respect to any tranche of Notes which has a Performing or non-Performing Derivative Agreement for interest, an amount equal to the amount of the
payment to be made to the Derivative Counterparty under the applicable Derivative Agreement (including any overdue payment and any additional interest on overdue payments) will be withdrawn from that Interest Funding sub-Account and paid to the
applicable Derivative Counterparty or as otherwise provided in the applicable terms document. 
 (e) Excess Amounts. After payment in
full of any tranche of Notes, any amount remaining on deposit in the applicable Interest Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of Notes in the manner, order and
priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and
third, paid to the Issuer. 
 If the aggregate amount available for withdrawal from an Interest Funding sub-Account for any tranche of
Notes is less than all withdrawals required to be made from that Interest Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the
amounts of the withdrawals required to be made. 
 Section 3.14. Withdrawals from Principal Funding Account. Withdrawals made
pursuant to this Section 3.14 with respect to any tranche of Notes will be made from the Principal Funding sub-Accounts established for that tranche only after all allocations have been made pursuant to Sections 3.10, 3.11
and 3.12. In no event will the amount of the withdrawal be more than the amount on deposit in the applicable Principal Funding sub-Account. A single tranche may be entitled to more than one of the following withdrawals with respect to any
Monthly Period. 
 (a) Withdrawals for Dollar Notes with no Derivative Agreement for Principal. On each applicable Principal Payment
Date (or as specified in the applicable terms document) with respect to each tranche of Dollar Notes which has no Derivative Agreement for principal, an amount equal to the principal due on the applicable tranche of Notes on the applicable Principal
Payment Date will be withdrawn from such Principal Funding sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable terms document. 
  

 30 

 (b) Withdrawals for Dollar or Foreign Currency Notes with Performing Derivative Agreements for
Principal. On each date on which a payment is required under the applicable Derivative Agreement (or as specified in the applicable terms document) with respect to any tranche of Notes which has a Performing Derivative Agreement for principal,
an amount equal to the amount of the payment to be made under the applicable Derivative Agreement will be withdrawn from such Principal Funding sub-Account and paid to the applicable Derivative Counterparty or as otherwise provided by the applicable
terms document. The Issuer will direct the applicable Derivative Counterparty to remit its payments under the applicable Derivative Agreement to the applicable Paying Agent(s) or as otherwise provided by the applicable terms document. 
 (c) Withdrawals for Dollar Notes with a non-Performing Derivative Agreement for Principal. On each applicable Principal Payment Date (or as
specified in the applicable terms document) with respect to each tranche of Dollar Notes with a non-Performing Derivative Agreement for principal, the amount specified in the applicable terms agreement will be withdrawn from such Principal Funding
sub-Account and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable terms document. 
 (d) Withdrawals
for Foreign Currency Notes with non-Performing Derivative Agreements for Principal. On each Principal Payment Date (or as specified in the applicable terms document) with respect to a tranche of foreign currency Notes that has a non-Performing
Derivative Agreement for principal, the amount specified in the applicable terms document will be withdrawn from such sub-Account and, if so specified in the applicable terms document, converted to the applicable foreign currency at the Spot
Exchange Rate and remitted to the applicable Paying Agent(s) or as otherwise provided by the applicable terms document. 
 (e) Withdrawal
of Prefunding Excess Amount. If the Issuer on any date determines with respect to any class of Class A Notes or Class B Notes that, after giving effect to all issuances, deposits, allocations, reallocations and payments on such date, the
Prefunding Excess Amount of that class is greater than zero, that amount will be withdrawn from the Principal Funding sub-Account of that class of Notes and first, allocated among and deposited to the Principal Funding sub-Account of the
tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and then, paid to the Issuer for reinvestment in the Investor Interest of the Collateral Certificate. 
 (f) Legal Maturity Date. On the Legal Maturity Date of any tranche, after giving effect to any deposits, allocations, reallocations, sales of
Receivables or other payments to be made on that date, amounts on deposit in the Principal Funding sub-Account of any tranche of a subordinated class of Notes may be applied to pay principal of that tranche, to make a payment under a Derivative
Agreement with respect to principal of that tranche or to make other payments as specified in the related terms document. 
 (g) Excess
Amounts. Upon payment in full of any tranche of Notes, any remaining amount on deposit in the applicable Principal Funding sub-Account will be first, allocated among and deposited to the Interest Funding sub-Account of the tranches of
Notes in the manner, order and priority set forth in Section 3.03(b), second, allocated among and deposited to the Principal 

  

 31 

 
Funding sub-Account of the tranches of Notes in the manner, order and priority set forth in Section 3.11(b), and third, paid to the
Issuer. 
 If the aggregate amount available for withdrawal from a Principal Funding sub-Account for any tranche of Notes is less than all
withdrawals required to be made from that Principal Funding sub-Account for that tranche in a month, then the amounts on deposit will be withdrawn and, if payable to more than one Person, applied pro rata based on the amounts of the
withdrawals required to be made. 
 Section 3.15. Limit on Deposits to the Principal Funding sub-Account of Subordinated Note;
Limit on Repayments of all Tranches. 
 (a) Limit on Deposits to the Principal Funding sub-Account of Subordinated Notes.

 (i) No BAseries Available Principal Amounts will be deposited in the Principal Funding sub-Account of any tranche of Class
B Notes unless, following such deposit, the available subordinated amount of Class B Notes is at least equal to the aggregate Class A Unused Subordinated Amount of Class B Notes for all Outstanding Class A Notes. For this purpose, the
available subordinated amount of Class B Notes is equal to the aggregate Nominal Liquidation Amount of all other Class B Notes of the BAseries which are Outstanding after giving effect to the deposit into the Principal Funding sub-Account of such
tranche of Class B Notes and all other Class B Notes which have a targeted deposit into the Principal Funding Account for such Monthly Period after giving effect to reductions or reallocations on such Transfer Date. 
 (ii) No BAseries Available Principal Amounts will be deposited in the Principal Funding sub-Account of any tranche of Class C Notes
unless, following such deposit, (A) the available subordinated amount of Class C Notes is at least equal to the Class B Unused Subordinated Amount of Class C Notes for all Outstanding Class B Notes and (B) the available subordinated amount
of Class C Notes is at least equal to the Class A Unused Subordinated Amount of Class C Notes for all Outstanding A Notes. For this purpose, the available subordinated amount of Class C Notes is equal to the aggregate Nominal Liquidation Amount
of all other Class C Notes of the BAseries which are Outstanding after giving effect to the deposit into the Principal Funding sub-Account of such tranche of Class C Notes and all other Class C Notes which have a targeted deposit into the Principal
Funding Account for such Monthly Period after giving effect to reductions or reallocations on such Transfer Date. 
 (iii)
Notwithstanding anything in the Indenture or this Indenture Supplement to the contrary, BAseries Available Principal Amounts will be deposited in the Principal Funding sub-Account of a Subordinated Note, if and only to the extent that (i) such
deposit is not contrary to clause (a)(i) or (a)(ii) above and (ii) the Prefunding Target Amount for each senior class of Notes is zero. 
 (b) Limit on Repayments of all Tranches. No amounts on deposit in a Principal Funding sub-Account for any tranche of Class A Notes or Class B Notes will be applied to pay principal of that tranche or to make a payment under a
Derivative Agreement with respect to 

  

 32 

 
principal of that tranche in excess of the highest Outstanding Dollar Principal Amount of that tranche (or, in the case of foreign currency notes, such other
amount that may be specified in the related terms document). In the case of any tranche of Class C Notes, no amounts on deposit in a Principal Funding sub-Account or, if applicable, a Class C Reserve sub-Account for any such tranche will be applied
to pay principal of that tranche or to make a payment under a Derivative Agreement with respect to principal of that tranche in excess of the highest Outstanding Dollar Principal Amount of that tranche (or, in the case of foreign currency notes,
such other amount that may be specified in the related terms document). 
 Section 3.16. Calculation of Nominal Liquidation
Amount. On or prior to each Transfer Date, the Issuer shall calculate the Nominal Liquidation Amount of each tranche of Outstanding Notes in the BAseries which shall be the following amount: 
 (a) as of the date of issuance of such tranche of Notes, the Initial Dollar Principal Amount of such tranche of Notes; and 
 (b) thereafter, the sum of, without duplication: 
 (i) the Nominal Liquidation Amount of such tranche of Notes immediately after the prior date of determination; plus 
 (ii) with respect to any tranche of Discount Notes, the aggregate amount of any accretions of principal on that tranche paid to the Master Trust for investment in the Investor Interest pursuant to
Section 3.17(a) since the prior date of determination; plus 
 (iii) the aggregate amount withdrawn from
the Principal Funding sub-Account pursuant to Section 3.14(e) for such tranche since the prior date of determination; plus 
 (iv) such tranche’s allocable share of all reimbursements of its Nominal Liquidation Amount Deficit pursuant to Section 3.01(d) since the prior date of determination determined as set forth in
Section 3.06; minus  
 (v) such tranche’s allocable share of all reallocations of BAseries Available
Principal Amounts pursuant to Section 3.07 since the prior date of determination, determined as set forth in Section 3.09; minus 
 (vi) the amount of the reduction of the Nominal Liquidation Amount of such tranche resulting from an allocation of Investor Charge-Offs
since the prior date of determination, determined as set forth in Section 3.05; minus 
 (vii) the amount
deposited in the applicable Principal Funding sub-Account for such tranche (after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; 
 provided, however, that (1) the Nominal Liquidation Amount of a tranche of Notes may never be less than zero, (2) the Nominal Liquidation Amount
of any tranche of Notes may never be greater than the Outstanding principal amount of such tranche and (3) the Nominal Liquidation 

  

 33 

 
Amount of any tranche of Notes that has caused a sale of Receivables pursuant to Section 3.20 will be zero. 
 The Nominal Liquidation Amount for the BAseries will be the sum of the Nominal Liquidation Amounts of all of the tranches of Notes of the BAseries.

 Section 3.17. Reinvestment in the Collateral Certificate. 
 (a) The amount of principal accreted on any tranche of Discount Notes available pursuant to Section 3.13(c) will be paid to the Master Trust
to increase the Investor Interest of the Collateral Certificate. 
 (b) The portion of the Prefunding Excess Amount, if any, withdrawn from
the Principal Funding Account to be paid to the Master Trust pursuant to Section 3.14(e) will be paid to the Master Trust to increase the Investor Interest of the Collateral Certificate. 
 Section 3.18. Netting of Deposits and Payments. The Issuer, in its sole discretion, may make all deposits to Interest Funding sub-Accounts
and Principal Funding sub-Accounts pursuant to Sections 3.02 and 3.10 with respect to any Monthly Period net of, and after giving effect to, (a) all reallocations to be made pursuant to Section 3.07, (b) all
payments to be made to Derivative Counterparties pursuant to Sections 3.13 and 3.14, (c) all reinvestments in the Investor Interest of the Collateral Certificate to be made pursuant to Section 3.17 and (d) all
payments to the Issuer pursuant to Section 3.07(f). 
 Section 3.19. Pro rata Payments within a Tranche. All
payments of principal, interest or other amounts to Holders of the Notes of a single tranche will be made pro rata based on the Stated Principal Amount of their Notes. 
 Section 3.20. Sale of Receivables for Accelerated Notes. 
 (a) (i) If a tranche of Notes has been accelerated pursuant to Section 702 of the Indenture following an Event of Default, the Indenture Trustee may, and at the direction of the Majority Holders of that
tranche of Notes will, cause the Master Trust to sell Principal Receivables and the related Finance Charge Receivables (or interests therein) in an amount up to the Nominal Liquidation Amount of the affected tranche plus any accrued, past due
and additional interest on the affected tranche. 
 (ii) Such a sale will be permitted only if at least one of the following
conditions is met: 
 (A) the Holders of 90% of the aggregate Outstanding Dollar Principal Amount of the accelerated tranche
of Notes consent; or 
 (B) the net proceeds of such sale (plus amounts on deposit in the applicable sub-Accounts and
payments to be received from any applicable Derivative Agreement) would be sufficient to pay all amounts due on the accelerated tranche of Notes; or 
  

 34 

 (C) if the Indenture Trustee determines that the funds to be allocated to the accelerated
Notes, including (1) BAseries Available Funds and BAseries Available Principal Amounts allocable to the accelerated tranche of Notes, (2) payments to be received from any applicable Derivative Agreement and (3) amounts on deposit in
the applicable sub-Accounts, may not be sufficient on any ongoing basis to make payments on the accelerated tranche of Notes as such payments would have become due if such obligations had not been declared due and payable, and 66ß% of the
Holders of the accelerated tranche of Notes consent to the sale. 
 (iii) In the case of an acceleration of a tranche of Notes
of a subordinated class, if the provisions of Section 3.15 would prevent the payment of the accelerated tranche of subordinated Notes, such sale will be delayed until a level of prefunding of the Principal Funding sub-Accounts for the
senior classes of Notes of that series has been reached such that the amount of such accelerated tranche is no longer required to provide subordination for the senior classes of Notes. 
 (b) If the Nominal Liquidation Amount with respect to any tranche of Notes is greater than zero on its Legal Maturity Date (after giving effect to any
adjustments, deposits and distributions otherwise to be made on that Legal Maturity Date), the Issuer will cause the Master Trust to sell Principal Receivables and the related Finance Charge Receivables (or interests therein) on that Legal Maturity
Date in an amount up to the Nominal Liquidation Amount of the affected tranche plus any accrued, past due and additional interest on the affected tranche. 
 (c) Sales proceeds received with respect to a tranche of Notes received pursuant to clause (a) or (b) will be allocated in the following priority: 
 (i) first, to be deposited in the Principal Funding sub-Account for that tranche of Notes, an amount up to the amount that would be
necessary to increase the aggregate amount on deposit in such sub-Account to the principal amount for such tranche of Notes (notwithstanding any limitation in Section 3.10 to the contrary); and 
 (ii) second, to be deposited in the Interest Funding sub-Account of that tranche of Notes, the balance of such sales proceeds. 

(d) Any amount remaining on deposit in the Interest Funding sub-Account for a tranche of Notes that has caused a sale of Receivables pursuant to this
Section 3.20 after final payment thereof pursuant to Section 503 of the Indenture will be treated as BAseries Available Funds. 
 Section 3.21. Calculation of Prefunding Target Amount. 
 (a) With respect to all tranches of
Class A Notes, the Prefunding Target Amount means the greater of the amount computed under clause (i) or (ii) for the applicable Monthly Period: 
 (i) The Prefunding Target Amount for tranches of Class A Notes with respect to Class B Notes for any day during any Monthly Period is
equal to an amount, not less 

  

 35 

 
than zero, equal to the product of (x) the aggregate Adjusted Outstanding Dollar Principal Amount of Class A Notes as of the end of the preceding
Monthly Period (taking into consideration any deposits or withdrawals to be made on the related Transfer Date) times (y) one minus a fraction (which shall not exceed one) the numerator of which is the aggregate Adjusted
Outstanding Dollar Principal Amount of all tranches of Outstanding Class B Notes (other than tranches which have (A) had Early Redemption Events or other mandatory or optional redemption events in which such tranches are to be redeemed in full
in or with respect to any preceding Monthly Period, (B) had Events of Default in or with respect to any preceding Monthly Period, or (C) reached or are expected to reach their final or only Expected Principal Payment Date in or with
respect to that Monthly Period or earlier Monthly Periods) and the denominator of which is the aggregate amount of the Class A Required Subordinated Amount of Class B Notes for all tranches of Class A Notes of which are Outstanding as of
the end of the preceding Monthly Period (taking into consideration any deposits or withdrawals to be made on the related Transfer Date). 
 (ii) The Prefunding Target Amount for tranches of Class A Notes with respect to Class C Notes for any day during any Monthly Period is equal to an amount, not less than zero, equal to the product of (x) the
aggregate Adjusted Outstanding Dollar Principal Amount of Class A Notes as of the end of the preceding Monthly Period (taking into consideration any deposits or withdrawals to be made on the related Transfer Date) times (y) one
minus a fraction (which shall not exceed one) the numerator of which is the aggregate Adjusted Outstanding Dollar Principal Amount of all tranches of Outstanding Class C Notes (other than tranches which have (A) had Early Redemption
Events or other mandatory or optional redemption events in which such tranches are to be redeemed in full in or with respect to any preceding Monthly Period, (B) had Events of Default in or with respect to any preceding Monthly Period, or
(C) reached or are expected to reach their final or only Expected Principal Payment Date in or with respect to that Monthly Period or earlier Monthly Periods) and the denominator of which is the aggregate amount of the Class A Required
Subordinated Amount of Class C Notes for all tranches of Class A Notes which are Outstanding as of the end of the preceding Monthly Period (taking into consideration any deposits or withdrawals to be made on the related Transfer Date).

 (b) With respect to all tranches of Class B Notes, the Prefunding Target Amount means with respect to Class C Notes for any day during any
Monthly Period an amount, not less than zero, equal to the product of (x) the aggregate Adjusted Outstanding Dollar Principal Amount of Class B Notes as of the end of the preceding Monthly Period (taking into consideration any deposits or
withdrawals to be made on the related Transfer Date) times (y) one minus a fraction (which shall not exceed one) the numerator of which is the aggregate Adjusted Outstanding Dollar Principal Amount of all tranches of Outstanding
Class C Notes (other than tranches which have (A) had Early Redemption Events or other mandatory or optional redemption events in which such tranches are to be redeemed in full in or with respect to any preceding Monthly Period, (B) had
Events of Default in or with respect to any preceding Monthly Period, or (C) reached or are expected to reach their final or only Expected Principal Payment Date in or with respect to that Monthly Period or earlier Monthly Periods) and the
denominator of which is the aggregate amount of the Class B Required Subordinated Amount of Class C Notes for all tranches of Class B Notes which are Outstanding as of the end of the 

  

 36 

 
preceding Monthly Period (taking into consideration any deposits or withdrawals to be made on the related Transfer Date). 
 (c) On any day during any Monthly Period on which the Prefunding Target Amount for any tranche of senior notes first exceeds zero, the Issuer will notify
the Master Trust pursuant to Section 4.09 of the Series 2001-D Supplement of such event. 
 Section 3.22. Targeted
Deposits to the Class C Reserve Account. 
 (a) The aggregate deposit targeted to be made to the Class C Reserve Account with respect to
each Transfer Date is an amount equal to the sum of Class C Reserve sub-Account deposits, if any, targeted to be made for each specified tranche of Class C Notes. The amount of any such deposit, the aggregate amount targeted to be on deposit after
giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document for such tranche of Class C Notes. Unless another time is specified for making such deposits in the terms document
for each such tranche of Class C Notes, these deposits will be made on each Transfer Date. 
 (b) If the amount of funds available for a
Transfer Date pursuant to Section 3.01(f) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. 
 (c) If the amount of funds available for a Transfer Date pursuant to Section 3.01(f) is less than the aggregate amount of deposits targeted
by clause (a) above, then the amount available will be allocated to each tranche of Class C Notes to the extent of its targeted deposit to the applicable Class C Reserve sub-Account pro rata based on the ratio of the Weighted Average
Available Funds Allocation Amount for such tranche of Class C Notes for the related Monthly Period to the Weighted Average Available Funds Allocation Amount for all Class C Notes for the related Monthly Period that have a targeted deposit to its
Class C Reserve sub-Account; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche of Class C Notes which has a remaining targeted deposit to
its Class C Reserve sub-Account up to the amount of such remaining targeted deposit pro rata (based on the ratio of Weighted Average Available Funds Allocation Amount for such tranche of Class C Notes for the related Monthly Period to the
Weighted Average Available Funds Allocation Amount for all Class C Notes with a remaining targeted deposit for the related Monthly Period). 
 Section 3.23. Withdrawals from the Class C Reserve Account. Withdrawals for any tranche of Class C Notes will be made from the applicable Class C Reserve sub-Account as specified below. 
 (a) Payments of Interest; Payments with Respect to Derivative Agreements for Interest, Accretion on Discount Notes. If the amount on deposit in
the Interest Funding sub-Account for any tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 3.13, on the Transfer Date immediately preceding the date of such payment an
amount equal to that deficiency will be withdrawn from the Class C Reserve sub-Account for such tranche and deposited into that Interest Funding sub-Account. 
  

 37 

 (b) Payments of Principal; Payments with Respect to Derivative Agreements for Principal. If, on
and after the earliest to occur of (i) the date on which any tranche of Class C Notes are accelerated pursuant to Section 702 of the Indenture following an Event of Default with respect to such tranche, (ii) any date on or
after the Transfer Date immediately preceding the Expected Principal Payment Date on which the amount on deposit in the Principal Funding sub-Account for any tranche of Class C Notes plus the aggregate amount on deposit in the Class C Reserve
sub-Account for such tranche of the Class C Notes equals or exceeds the Outstanding Dollar Principal Amount of such Class C Notes and (iii) the Legal Maturity Date for any tranche of Class C Notes, the amount on deposit in the Principal Funding
sub-Account for any tranche of Class C Notes is insufficient to pay in full the amounts for which withdrawals are required under Section 3.14, an amount equal to that deficiency will be withdrawn from that Class C Reserve sub-Account for
such tranche and deposited into that Principal Funding sub-Account on the Transfer Date before the date of the applicable withdrawal required pursuant to Section 3.14. 
 (c) Withdrawal of Excess Amounts. If on any Transfer Date with respect to which no Class C Notes have been accelerated, the aggregate amount on
deposit in the Class C Reserve Account exceeds the amount required to be on deposit in the Class C Reserve Account, the amount of such excess will be withdrawn from the Class C Reserve Account and first, allocated among and deposited to the
Class C Reserve sub-Account of the tranches of Class C Notes in the manner, order and priority set forth in Section 3.22(c), and then, paid to the Issuer. Upon payment in full of any tranche of Class C Notes, any amount on deposit
in the applicable Class C Reserve sub-Account will be applied in accordance with the preceding sentence. 
 Section 3.24. Targeted
Deposits to the Accumulation Reserve Account. 
 (a) The aggregate deposit targeted to be made to the Accumulation Reserve Account with
respect to each Monthly Period is an amount equal to the sum of Accumulation Reserve sub-Account deposits, if any, targeted to be made for each specified tranche of Notes. The amount of any such deposit, the aggregate amount targeted to be on
deposit after giving effect to any such deposit and the circumstances that require that a deposit be made will be set forth in the terms document for such tranche of Notes. Unless another time is specified for making such deposits in the terms
document for each such tranche of Notes, these deposits will be made on each Transfer Date. 
 (b) If the amount of funds available for a
Monthly Period pursuant to Section 3.01(e) is at least equal to the aggregate amount of the deposits targeted by clause (a) above, then the full amount of each such deposit will be made. 
 (c) If the amount of funds available for a Monthly Period pursuant to Section 3.01(e) is less than the aggregate amount of deposits targeted
by clause (a) above, then the amount available will be allocated to each tranche of Notes to the extent of its targeted deposit to the applicable Accumulation Reserve sub-Account pro rata based on the ratio of the Weighted Average
Available Funds Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes that have a targeted deposit to its Accumulation Reserve sub-Account for such
Monthly Period; provided, however, that any excess identified in this clause (c), including in the application of this proviso, will be allocated to each tranche of Notes which has a remaining targeted deposit to its 

  

 38 

 
Accumulation Reserve sub-Account up to the amount of such remaining targeted deposit pro rata based on the ratio of Weighted Average Available Funds
Allocation Amount for such tranche of Notes for such Monthly Period to the Weighted Average Available Funds Allocation Amount for all tranches of Notes with a remaining targeted deposit for such Monthly Period. 
 Section 3.25. Withdrawals from the Accumulation Reserve Account. Withdrawals for any tranche of Notes will be made from the applicable
Accumulation Reserve sub-Account as specified below. 
 (a) Interest. On or prior to each Transfer Date, the Issuer will calculate the
PFA Accumulation Earnings Shortfall (if any) for the Principal Funding sub-Account for each tranche of Notes. If there is any PFA Accumulation Earnings Shortfall for any Principal Funding sub-Account for that Transfer Date for any tranche of Notes,
the Issuer will withdraw such amount from the applicable Accumulation Reserve sub-Account, to the extent available, for treatment as BAseries Available Funds for such Monthly Period. 
 (b) Payment to Issuer. If on any Transfer Date the aggregate amount on deposit in the Accumulation Reserve Account exceeds the amount required to
be on deposit in the Accumulation Reserve Account, the amount of such excess will be withdrawn from the Accumulation Reserve Account and paid to the Issuer. 
 Section 3.26. Computation of Interest. 
 (a) Unless otherwise provided as contemplated in
Section 301 of the Indenture, (i) interest on the Notes computed at a fixed rate will be calculated on the basis of a 360-day year of twelve 30-day months and (ii) interest on Notes computed on the basis of a floating or
periodic rate will be calculated on the basis of a 360-day year for the actual number of days elapsed. 
 (b) Unless otherwise specified in
this Indenture Supplement or the applicable terms document, interest for any period will be calculated from and including the first day of such period, to but excluding the last day of such period. 
 Section 3.27. Excess Available Funds Sharing. 
 (a) Shared Excess Available Funds allocable to the BAseries on any Transfer Date shall be treated as BAseries Available Funds for such Transfer Date. 
 (b) Shared Excess Available Funds allocable to the BAseries with respect to any Transfer Date shall mean an amount equal to the Series Available Funds
Shortfall, if any, with respect to the BAseries for such Transfer Date; provided, however, that if the aggregate amount of Shared Excess Available Funds for all Excess Available Funds Sharing Series in Excess Available Funds Sharing
Group One for such Transfer Date is less than the Aggregate Series Available Funds Shortfall for such Transfer Date, then Shared Excess Available Funds allocable to the BAseries on such Transfer Date shall equal the product of (i) Shared Excess
Available Funds for all Excess Available Funds Sharing Series in Excess Available Funds Sharing Group One for such Transfer Date and (ii) a fraction, the numerator of which is the Series Available Funds Shortfall with respect to the BAseries
for such Transfer Date and the denominator of which is the Aggregate Series Available Funds Shortfall for all Excess Available Funds Sharing Series in Excess Available Funds Sharing Group One for such Transfer Date. 
 [END OF ARTICLE III] 
  

 39 

 ARTICLE IV 
 Early Redemption of Notes 
 Section 4.01. Early Redemption Events. 
 (a) In addition to the events identified as Early Redemption Events in Section 1201 of the Indenture, if for any month the amount of Excess
Available Funds averaged over the three preceding Monthly Periods is less than the Required Excess Available Funds for such month, an “Early Redemption Event” with respect to the BAseries Notes will be deemed to have occurred. 

(b) In addition, the terms document for any tranche of Notes may list additional events which are “Early Redemption Events” with respect to
such tranche of Notes. 
 [END OF ARTICLE IV] 
  

 40 

 ARTICLE V 
 Accounts and Investments 
 Section 5.01. Accounts. 
 (a) On or before the Closing Date, the Indenture Trustee will cause to be established and maintained four Qualified Accounts denominated as follows: the
“Interest Funding Account,” the “Principal Funding Account,” the “Accumulation Reserve Account” and the “Class C Reserve Account” in the name of the Indenture Trustee, bearing a
designation clearly indicating that the funds deposited therein are held for the benefit of the BAseries Noteholders (or, in the case of the Class C Reserve Account, for the benefit of the Class C Noteholders). The Interest Funding Account, the
Principal Funding Account, the Accumulation Reserve Account and the Class C Reserve Account constitute Supplemental Accounts and shall be under the sole dominion and control of the Indenture Trustee for the benefit of the BAseries Noteholders (or,
in the case of the Class C Reserve Account, for the benefit of the Class C Noteholders). If, at any time, the institution holding either the Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account or the Class C
Reserve Account ceases to be a Qualified Institution, the Issuer will within ten (10) Business Days (or such longer period, not to exceed thirty (30) calendar days, as to which each Note Rating Agency may consent) establish a new Interest
Funding Account, Principal Funding Account, Accumulation Reserve Account or Class C Reserve Account, as the case may be, that is a Qualified Account and shall transfer any cash and/or investments to such new Interest Funding Account, Principal
Funding Account, Accumulation Reserve Account or Class C Reserve Account, as the case may be. From the date such new Interest Funding Account, Principal Funding Account, Accumulation Reserve Account or Class C Reserve Account is established, it will
be the “Interest Funding Account,” “Principal Funding Account,” “Accumulation Reserve Account” or “Class C Reserve Account,” as the case may be. Each tranche of Notes will have its own sub-Account within the
Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account and the Class C Reserve Account. The Interest Funding Account, the Principal Funding Account, the Accumulation Reserve Account and the Class C Reserve Account
will receive deposits pursuant to Article III. 
 (b) Notwithstanding any provision of Section 403(a) of the Indenture to
the contrary, any prefunded amounts on deposit in the Principal Funding Account will be invested in Permitted Investments that will mature no later than the following Business Day. 
 (c) All payments to be made from time to time by the Indenture Trustee to Noteholders out of funds in the Interest Funding Account, the Principal Funding
Account, the Accumulation Reserve Account or the Class C Reserve Account pursuant to this Indenture Supplement will be made by the Indenture Trustee to the Paying Agent not later than 12:00 noon on the applicable Interest Payment Date or Principal
Payment Date but only to the extent of available funds in the applicable sub-Account or as otherwise provided in Article III. 
 (d)
On each Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date on funds on deposit in the Class C Reserve Account will be retained in the Class C Reserve Account (to the extent that
the sum of the amount on deposit in the Class C Reserve Account with respect to the related Monthly Period is less than the required balance for the Class C Reserve Account for that Monthly Period) and the excess, if any, will be paid to the Issuer.

 [END OF ARTICLE V] 
  

 41 

 ARTICLE VI 
 Terms Documents and Derivative Agreements Matters 
 Section 6.01. Updates to Terms Documents,
Derivative Agreements and Related Documents. 
 (a) Updates. The Terms Documents listed on Schedule 1 attached hereto, as well as
any Derivative Agreements and other agreements relating to credit enhancement for the related Tranche of Notes, shall be and hereby are updated by deleting the terms listed below under the heading “Old Defined Term” wherever such terms
appear and by replacing each such term in all such places where it appears with the term listed opposite such term under the heading “New Defined Term”: 
  

			
	 OLD DEFINED
TERM
	  	NEW DEFINED TERM
	“MBNA” or “MBNA America Bank, National Association”	  	“FIA” or “FIA Card Services, National Association”
		
	“MBNAseries”	  	“BAseries”
		
	“MBNA Credit Card Master Note Trust”	  	“BA Credit Card Trust”
		
	“MBNA Master Credit Card Trust II”	  	“BA Master Credit Card Trust II”

 [END OF ARTICLE VI] 
  

 42 

 IN WITNESS WHEREOF, the parties hereto have caused this Indenture Supplement to be duly executed, and
their respective corporate seals to be hereunto affixed and attested, all as of the day and year first above written. 
  

			
	 BA CREDIT CARD TRUST,

	
	By: FIA CARD SERVICES, NATIONAL ASSOCIATION (formerly known as MBNA America Bank, National Association), as Beneficiary and not in its individual capacity
		
	By:	 	/s/ Scott W. McCarthy
		 	 Name: Scott W. McCarthy

		 	 Title:   Senior Vice President

	
	THE BANK OF NEW YORK, as Indenture Trustee and not in its individual capacity
		
	By:	 	/s/ Catherine L. Cerilles
		 	 Name: Catherine L. Cerilles

		 	 Title:   Assistant Vice President

 [Signature Page to Amended and Restated Indenture Supplement] 
  

			
	 STATE OF DELAWARE
	 	)
		 	) ss:
	 COUNTY OF CASTLE
	 	)

  
 On June 10, before me personally came Scott
W. McCarthy, to me known, who, being by me duly sworn, did depose and say that he is a Senior Vice President of FIA Card Services, National Association, one of the parties described in and which executed the above instrument; that he knows the
corporate seal of the Beneficiary; that the seal affixed to that instrument is such corporate seal; that it was affixed by authority of the board of directors of the corporation; and that he signed his name thereto by like authority. 
  

	
	
	 /s/ Diane Nielsen

	 Name

	
	 Diane Nielsen
 Notary Public • State of Delaware
 My Commission Expires July 9, 2008

	 [Notarial Seal]

			
	STATE OF NEW YORK	  	)
		  	)ss:
	COUNTY OF NEW YORK	  	)

 On June 10, 2006, before me personally came Catherine Cerilles, to me known, who, being by me duly
sworn, did depose and say that she resides at 406 Robin Street, Roselle, NJ 07203; that she is an Assistant Vice President of The Bank of New York, one of the parties described in and which executed the above instrument; that she knows the corporate
seal of said corporation; that the seal affixed to that instrument is such corporate seal; that it was affixed by authority of the board of directors of the corporation; and that she signed her name thereto by like authority. 
  

	
	
	 /s/ AnnMarie Cassano

	 Name

	
	 AnnMarie Cassano
 Notary Public, State of New York
 No. 01CA6114519
 Qualified in Bronx County
 Commission Expires 08-16-08

	 [Notarial Seal]

 INDENTURE SUPPLEMENT 
 EXHIBIT A-1 
 [FORM OF] CLASS A NOTE 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR
ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF,
CEDE & CO., HAS AN INTEREST HEREIN. 
 THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY
TIME INSTITUTE AGAINST THE ISSUER, FIA CARD SERVICES, NATIONAL ASSOCIATION OR THE MASTER TRUST, OR JOIN IN ANY INSTITUTION AGAINST THE ISSUER, FIA CARD SERVICES, NATIONAL ASSOCIATION OR THE MASTER TRUST, OF, ANY BANKRUPTCY PROCEEDINGS UNDER ANY
UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE
HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF FIA CARD SERVICES, NATIONAL ASSOCIATION FOR
APPLICABLE FEDERAL, STATE, AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
  

 A-1-1 

			
	REGISTERED	  	up to $_________ *
	No. __	  	CUSIP NO. __________

 BA CREDIT CARD TRUST 
 [Floating Rate] 
 BASERIES CLASS A NOTE 
 BA CREDIT CARD TRUST (formerly known as MBNA Credit Card Master Note Trust), a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuer”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of _______________________ payable on the __________ ____
Payment Date (the “Expected Principal Payment Date”), except as otherwise provided below or in the Indenture (as defined on the reverse hereof); provided, however, that the entire unpaid principal amount of this Note
shall be due and payable on the _________ ____ Payment Date (the “Legal Maturity Date”). Interest will accrue on this Note at the rate of _____, as more specifically set forth in the Class     
Terms Document dated [        ], [        ] (the “Terms Document”), between the Issuer and the Indenture Trustee, and shall be due
and payable on each Interest Payment Date from the Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Transfer Date, from the date of issuance of this Note) to but excluding the first Monthly Interest Accrual
Date after the end of that Monthly Period. Interest will be computed on the basis of a 360-day year [of twelve 30-day months] [and the actual number of days elapsed]. Such principal of and interest on this Note shall be paid in the manner specified
on the reverse hereof. 
 The principal of and interest on this Note are payable in such coin or currency of the United States of America as
at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above and then to the unpaid
principal of this Note. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the
same effect as though fully set forth on the face of this Note. 
 Unless the certificate of authentication hereon has been executed by the
Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

	*	Denominations of $100,000 and in integral multiples of $1,000 in excess thereof. 

  

 A-1-2 

 IN WITNESS WHEREOF, the Issuer has caused this instrument to be signed, manually or in facsimile, by its Authorized
Officer. 
  

			
	 BA CREDIT CARD TRUST,
as Issuer

		
	 By:
	 	FIA CARD SERVICES, NATIONAL ASSOCIATION, as Beneficiary and not in its individual capacity
		
	 By:
	 	  
		 	 Name:

		 	 Title:

		
		 	 Date: _______ __, _______

  

 A-1-3 

 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 
  

			
	 THE BANK OF NEW YORK, not in its individual capacity but solely as Indenture Trustee

		
	 By:
	 	  
		 	 Name:

		 	 Title:

		
		 	 Date: _______ __, 2001

  

 A-1-4 

 [REVERSE OF NOTE] 
 This Note is one of the Notes of a duly authorized issue of Notes of the Issuer, designated as its [Floating Rate] Asset Backed Notes (herein called the “Notes”), all issued under an Amended and
Restated Indenture dated as of June 10, 2006 (such indenture, as supplemented or amended, is herein called the “Indenture”), as supplemented by an Amended and Restated Indenture Supplement dated as of June 10, 2006 (the
“Indenture Supplement”), between the Issuer and The Bank of New York, as indenture trustee (the “Indenture Trustee”, which term includes any successor Indenture Trustee under the Indenture), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Holders of the Notes. The Notes are subject to all terms of the Indenture.
All terms used in this Note that are defined in the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 
 The Class B Notes and the Class C Notes will also be issued under the Indenture. 
 The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. 
 Principal of the Notes will be payable on the Expected Principal Payment Date in an amount described on the face hereof. 
 As described above, the entire unpaid principal amount of this Note shall be due and payable on the Legal Maturity Date. Notwithstanding the foregoing,
the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes shall have occurred and be continuing and the Indenture Trustee or the
Holders of the Notes representing not less than a majority of the Outstanding Amount of the Notes have declared the Notes to be immediately due and payable in the manner provided in Section 702 of the Indenture; provided,
however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by the holders of not less than a majority of the Outstanding Amount of the Notes. All principal payments on the Notes shall be made pro rata
to the Noteholders entitled thereto. 
 On any day occurring on or after the date on which the aggregate Nominal Liquidation Amount of any
tranche of Notes is reduced to less than 5% of its Initial Dollar Principal Amount, the Issuer has the right, but not the obligation, to redeem such tranche of Notes in whole but not in part, pursuant to Section 1202 of the Indenture.
The redemption price will be an amount equal to the Outstanding principal amount of such tranche, plus interest accrued and unpaid or principal accreted and unpaid on such tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of the Indenture, the Beneficiary, on behalf of the Trust, may from time to time issue, or direct the Owner Trustee,
on behalf of the Trust, to issue, one or more series, classes or tranches of Notes. 
  

 A-1-5 

 On each Payment Date, the Paying Agent shall distribute to each Class A Noteholder of record on the
related Record Date (except for the final distribution with respect to this Note) such Class A Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated and available on such Payment Date to pay interest and
principal on the Class A Notes. Final payments of this Note will be made only upon presentation and surrender of this Note at the office or offices therein specified. 
 [Payments of interest on this Note due and payable on each Payment Date, together with the installment of principal, if any, to the extent not in full
payment of this Note, shall be made by check mailed to the Person whose name appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the Note Register as of the close of business on each Record Date, except that with
respect to Notes registered on the Record Date in the name of the nominee of the clearing agency (initially, such nominee to be Cede & Co.), payments will be made by wire transfer in immediately available funds to the account designated by
such nominee. Such checks shall be mailed to the Person entitled thereto at the address of such Person as it appears on the Note Register as of the applicable Record Date without requiring that this Note be submitted for notation of payment. Any
reduction in the principal amount of this Note (or any one or more Predecessor Notes) effected by any payments made on any Payment Date shall be binding upon all future Holders of this Note and of any Note issued upon the registration of transfer
hereof or in exchange hereof or in lieu hereof, whether or not noted hereon. If funds are expected to be available, as provided in the Indenture, for payment in full of the then remaining unpaid principal amount of this Note on a Payment Date, then
the Indenture Trustee, in the name of and on behalf of the Issuer, will notify the Person who was the Registered Holder hereof as of the Record Date preceding such Payment Date by notice mailed within five days of such Payment Date and the amount
then due and payable shall be payable only upon presentation and surrender of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the office of the Indenture Trustee’s agent appointed for such purposes located in
the City of New York. On any payment of interest or principal being made, details of such payment shall be entered by the Indenture Trustee on behalf of the Issuer in Schedule A hereto.] 
 [As provided in the Indenture and subject to certain limitations set forth therein, the transfer of this Note may be registered on the Note Register upon
surrender of this Note for registration of transfer at the office or agency designated by the Issuer pursuant to the Indenture, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Indenture Trustee duly
executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a commercial bank or trust company located, or having a correspondent located, in the City of New York or the city in which the Corporate
Trust Office is located, or a member firm of a national securities exchange, and such other documents as the Indenture Trustee may require, and thereupon one or more new Notes of authorized denominations and in the same aggregate principal amount
will be issued to the designated transferee or transferees. No service charge will be charged for any registration of transfer or exchange of this Note, but the transferor may be required to pay a sum sufficient to cover any tax or other
governmental charge that may be imposed in connection with any such registration of transfer or exchange.] 
  

 A-1-6 

 Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial
interest in a Note, covenants and agrees that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other
writing delivered in connection therewith, against (i) the Indenture Trustee or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent,
officer, director or employee of the Indenture Trustee or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuer, the Owner Trustee or the Indenture Trustee or of any successor or assign of the Indenture
Trustee or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid
consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. 
 To the fullest extent
permitted by applicable law, each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees that by accepting the benefits of the Indenture that such Noteholder that it
will not at any time institute against FIA, the Master Trust or the Issuer, or join in any institution against FIA, the Master Trust or the Issuer of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States Federal or state bankruptcy or similar law in connection with any obligations relating to the Notes, the Indenture or any Derivative Agreement. 
 Prior to the due presentment for registration of transfer of this Note, the Issuer, the Indenture Trustee and any agent of the Issuer or the Indenture
Trustee may treat the Person in whose name this Note (as of the day of determination or as of such other date as may be specified in the Indenture) is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither
the Issuer, the Indenture Trustee nor any such agent shall be affected by notice to the contrary. 
 The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the rights of the Holders of the Notes under the Indenture at any time by the Issuer with the consent of the Holders of Notes
representing not less than a majority of the Outstanding Amount of all Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Amount of the Notes,
on behalf of the Holders of all the Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note (or any
one of more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation
of such consent or waiver is made upon this Note. The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued thereunder. 

 

 A-1-7 

 The term “Issuer” as used in this Note includes any successor to the Issuer under the
Indenture. 
 The Issuer is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the
Indenture Trustee and the Holders of Notes under the Indenture. 
 The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth. 
 THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuer, which is
absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 
 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith,
against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its
individual capacity, any holder of a beneficial interest in the Issuer or the Owner Trustee or of any successor or assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that
the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance hereof agrees that, except as expressly provided in the Indenture and the Indenture Supplement in the case of an Event of Default under
the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against,
the assets of the Issuer for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note. 
  

 A-1-8 

 ASSIGNMENT 
 Social Security or taxpayer I.D. or other identifying number of assignee 

 FOR VALUE
RECEIVED, the undersigned hereby sells, assigns and transfers unto 
 (name and address of assignee) 
 the within Note and all rights thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer said Note on the books kept for registration thereof,
with full power of substitution in the premises. 
  

											
						
	 Dated:
	 	 _______________________________
	 		 		 	  	 	*
		 		 		 		 	Signature Guaranteed:	 	

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration,
enlargement or any change whatsoever. 

  

 A-1-9 

 SCHEDULE A 
 PART I 
 INTEREST PAYMENTS 
  

									
	 Interest
Payment Date
	  	 Date of
Payment
	  	Total Amount
of Interest Payable	  	Amount of
Interest Paid	  	Confirmation of
payment by or on
behalf of the Trust
	 First
	  	________________	  	________________	  	________________	  	________________
					
	 Second
	  	________________	  	________________	  	________________	  	________________

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

 

 A-1-10 

 PART II 
 PRINCIPAL PAYMENTS 
  

							
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of payment by
or on behalf of the Trust
	________________	  	________________	  	________________	  	________________
				
	________________	  	________________	  	________________	  	________________
				
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of payment by
or on behalf of the Trust
	________________	  	________________	  	________________	  	________________
				
	________________	  	________________	  	________________	  	________________

 [continue numbering until the appropriate number of installment dates for the Notes is reached] 
  

 A-1-11 

 EXHIBIT A-2 
 [FORM OF] CLASS B NOTE 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE
HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER, THE TRANSFEROR OR THE MASTER TRUST, OR JOIN IN ANY INSTITUTION AGAINST THE ISSUER, THE TRANSFEROR OR THE MASTER TRUST, OF, ANY BANKRUPTCY PROCEEDINGS UNDER ANY
UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE
HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF THE TRANSFEROR FOR APPLICABLE FEDERAL, STATE,
AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
  

 A-2-1 

			
	 REGISTERED
	  	up to $_________ *
	 No. __
	  	CUSIP NO. __________

 BA CREDIT CARD TRUST 
 [Floating Rate] 
 BASERIES CLASS B NOTE 
 BA CREDIT CARD TRUST (formerly known as MBNA Credit Card Master Note Trust), a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuer”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of _______________________ payable on the __________ ____
Payment Date (the “Expected Principal Payment Date”), except as otherwise provided below or in the Indenture (as defined on the reverse hereof); provided, however, that the entire unpaid principal amount of this Note
shall be due and payable on the _________ ____ Payment Date (the “Legal Maturity Date”). Interest will accrue on this Note at the rate of _____, as more specifically set forth in the Class __ Terms Document dated
[            ], [            ] (the “Terms Document”), between the Issuer and the Indenture
Trustee, and shall be due and payable on each Interest Payment Date from the Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Transfer Date, from the date of issuance of this Note) to but excluding the first
Monthly Interest Accrual Date after the end of that Monthly Period. Interest will be computed on the basis of a 360-day year [of twelve 30-day months] [and the actual number of days elapsed]. Such principal of and interest on this Note shall be paid
in the manner specified on the reverse hereof. 
 The principal of and interest on this Note are payable in such coin or currency of the
United States of America as at the time of payment is legal tender for payment of public and private debts. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above
and then to the unpaid principal of this Note. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof,
which shall have the same effect as though fully set forth on the face of this Note. 
 Unless the certificate of authentication hereon has
been executed by the Indenture Trustee whose name appears below by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

	*	Denominations of $100,000 and in integral multiples of $1,000 in excess thereof. 

  

 A-2-2 

 IN WITNESS WHEREOF, the Issuer has caused this instrument to be signed, manually or in facsimile, by its
Authorized Officer. 
  

			
	 BA CREDIT CARD TRUST,

	 as Issuer

		
	By:	 	FIA CARD SERVICES, NATIONAL ASSOCIATION, as Beneficiary and not in its individual capacity
		
	By:	 	  
		 	 Name:

		 	 Title:

		
		 	 Date: _______ __, 2001

  

 A-2-3 

 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 
  

			
	 THE BANK OF NEW YORK, not in its individual capacity but solely as Indenture Trustee

		
	By:	 	  
		 	 Name:

		 	 Title:

		
		 	 Date: __________ __, 2001

  

 A-2-4 

 [REVERSE OF NOTE] 
 This Note is one of the Notes of a duly authorized issue of Notes of the Issuer, designated as its [Floating Rate] Asset Backed Notes (herein called the “Notes”), all issued under an Amended and
Restated Indenture dated as of June 10, 2006 (such indenture, as supplemented or amended, is herein called the “Indenture”), as supplemented by an Amended and Restated Indenture Supplement dated as of June 10, 2006 (the
“Indenture Supplement”), between the Issuer and The Bank of New York, as indenture trustee (the “Indenture Trustee”, which term includes any successor Indenture Trustee under the Indenture), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Holders of the Notes. The Notes are subject to all terms of the Indenture.
All terms used in this Note that are defined in the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 
 The Class B Notes and the Class C Notes will also be issued under the Indenture. 
 The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. 
 Principal of the Notes will be payable on the Expected Principal Payment Date in an amount described on the face hereof. 
 As described above, the entire unpaid principal amount of this Note shall be due and payable on the Legal Maturity Date. Notwithstanding the foregoing,
the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes shall have occurred and be continuing and the Indenture Trustee or the
Holders of the Notes representing not less than a majority of the Outstanding Amount of the Notes have declared the Notes to be immediately due and payable in the manner provided in Section 702 of the Indenture; provided,
however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by the holders of not less than a majority of the Outstanding Amount of the Notes. All principal payments on the Notes shall be made pro rata
to the Noteholders entitled thereto. 
 On any day occurring on or after the date on which the aggregate Nominal Liquidation Amount of any
tranche of Notes is reduced to less than 5% of its Initial Dollar Principal Amount, the Issuer has the right, but not the obligation, to redeem such tranche of Notes in whole but not in part, pursuant to Section 1202 of the Indenture.
The redemption price will be an amount equal to the Outstanding principal amount of such tranche, plus interest accrued and unpaid or principal accreted and unpaid on such tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of the Indenture, the Beneficiary, on behalf of the Trust, may from time to time issue, or direct the Owner Trustee,
on behalf of the Trust, to issue, one or more series, classes or tranches of Notes. 
 On each Payment Date, the Paying Agent shall
distribute to each Class B Noteholder of record on the related Record Date (except for the final distribution with respect to this Note) such Class B Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated 

  

 A-2-5 

 
and available on such Payment Date to pay interest and principal on the Class B Notes. Final payments of this Note will be made only upon presentation and
surrender of this Note at the office or offices therein specified. 
 [Payments of interest on this Note due and payable on each Payment
Date, together with the installment of principal, if any, to the extent not in full payment of this Note, shall be made by check mailed to the Person whose name appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the
Note Register as of the close of business on each Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of the clearing agency (initially, such nominee to be Cede & Co.), payments will be
made by wire transfer in immediately available funds to the account designated by such nominee. Such checks shall be mailed to the Person entitled thereto at the address of such Person as it appears on the Note Register as of the applicable Record
Date without requiring that this Note be submitted for notation of payment. Any reduction in the principal amount of this Note (or any one or more Predecessor Notes) effected by any payments made on any Payment Date shall be binding upon all future
Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted hereon. If funds are expected to be available, as provided in the Indenture, for payment in full of
the then remaining unpaid principal amount of this Note on a Payment Date, then the Indenture Trustee, in the name of and on behalf of the Issuer, will notify the Person who was the Registered Holder hereof as of the Record Date preceding such
Payment Date by notice mailed within five days of such Payment Date and the amount then due and payable shall be payable only upon presentation and surrender of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the
office of the Indenture Trustee’s agent appointed for such purposes located in the City of New York. On any payment of interest or principal being made, details of such payment shall be entered by the Indenture Trustee on behalf of the Issuer
in Schedule A hereto.] 
 [As provided in the Indenture and subject to certain limitations set forth therein, the transfer of this Note may
be registered on the Note Register upon surrender of this Note for registration of transfer at the office or agency designated by the Issuer pursuant to the Indenture, duly endorsed by, or accompanied by a written instrument of transfer in form
satisfactory to the Indenture Trustee duly executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a commercial bank or trust company located, or having a correspondent located, in the City of New
York or the city in which the Corporate Trust Office is located, or a member firm of a national securities exchange, and such other documents as the Indenture Trustee may require, and thereupon one or more new Notes of authorized denominations and
in the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be charged for any registration of transfer or exchange of this Note, but the transferor may be required to pay a sum
sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or exchange.] 
 Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees that no recourse may be taken, directly or indirectly, with respect to the obligations of the
Issuer, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other writing delivered in connection therewith, against (i) the Indenture Trustee or the Owner Trustee in its 

  

 A-2-6 

 
individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer, director or
employee of the Indenture Trustee or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuer, the Owner Trustee or the Indenture Trustee or of any successor or assign of the Indenture Trustee or the Owner
Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid consideration for stock,
unpaid capital contribution or failure to pay any installment or call owing to such entity. 
 To the fullest extent permitted by applicable
law, each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees that by accepting the benefits of the Indenture that such Noteholder that it will not at any time
institute against FIA, the Master Trust or the Issuer, or join in any institution against FIA, the Master Trust or the Issuer of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any
United States Federal or state bankruptcy or similar law in connection with any obligations relating to the Notes, the Indenture or any Derivative Agreement. 
 Prior to the due presentment for registration of transfer of this Note, the Issuer, the Indenture Trustee and any agent of the Issuer or the Indenture Trustee may treat the Person in whose name this Note (as of the
day of determination or as of such other date as may be specified in the Indenture) is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Issuer, the Indenture Trustee nor any such agent shall be
affected by notice to the contrary. 
 The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the
modification of the rights and obligations of the Issuer and the rights of the Holders of the Notes under the Indenture at any time by the Issuer with the consent of the Holders of Notes representing not less than a majority of the Outstanding
Amount of all Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Amount of the Notes, on behalf of the Holders of all the Notes, to waive
compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note (or any one of more Predecessor Notes) shall be conclusive
and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent or waiver is made upon this Note.
The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued thereunder. 
 The term “Issuer” as used in this Note includes any successor to the Issuer under the Indenture. 
 The Issuer is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the Indenture Trustee and the
Holders of Notes under the Indenture. 
  

 A-2-7 

 The Notes are issuable only in registered form in denominations as provided in the Indenture, subject to
certain limitations therein set forth. 
 THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE
STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuer, which is
absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 
 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith,
against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its
individual capacity, any holder of a beneficial interest in the Issuer or the Owner Trustee or of any successor or assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that
the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance hereof agrees that, except as expressly provided in the Indenture and the Indenture Supplement in the case of an Event of Default under
the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against,
the assets of the Issuer for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note. 
  

 A-2-8 

 ASSIGNMENT 
 Social Security or taxpayer I.D. or other identifying number of assignee 
 ____________________________ 
 FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 
 (name and address of assignee) 
 the within Note and all rights thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer
said Note on the books kept for registration thereof, with full power of substitution in the premises. 
  

											
						
	Dated:	 	 _______________________________
	 		 		 	  	 	*
		 		 		 		 	Signature Guaranteed:	 	

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration,
enlargement or any change whatsoever. 

  

 A-2-9 

 SCHEDULE A 
 PART I 
 INTEREST PAYMENTS 
  

									
	 Interest
 Payment Date
	 	Date of
Payment	 	Total Amount
of Interest
Payable	 	Amount of
Interest Paid	 	Confirmation of
payment by or on
behalf of the Trust
	First	 	________________	 	________________	 	________________	 	________________
					
	Second	 	________________	 	________________	 	________________	 	________________

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

 

 A-2-10 

 PART II 
 PRINCIPAL PAYMENTS 
  

							
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of payment by
or on behalf of the Trust
	________________	  	________________	  	________________	  	________________
				
	________________	  	________________	  	________________	  	________________
				
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	Confirmation of payment by
or on behalf of the Trust
	________________	  	________________	  	________________	  	________________
				
	________________	  	________________	  	________________	  	________________

 [continue numbering until the appropriate number of installment dates for the Notes is reached] 
  

 A-2-11 

 EXHIBIT A-3 
 [FORM OF] CLASS C NOTE 
 UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE ISSUER OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR TO SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE
HEREOF COVENANTS AND AGREES THAT IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER, THE TRANSFEROR OR THE MASTER TRUST, OR JOIN IN ANY INSTITUTION AGAINST THE ISSUER, THE TRANSFEROR OR THE MASTER TRUST, OF, ANY BANKRUPTCY PROCEEDINGS UNDER ANY
UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW IN CONNECTION WITH ANY OBLIGATIONS RELATING TO THE NOTES OR THE INDENTURE. 
 THE
HOLDER OF THIS NOTE, BY ACCEPTANCE OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST IN THIS NOTE, BY THE ACQUISITION OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT THE NOTES AS INDEBTEDNESS OF THE TRANSFEROR FOR APPLICABLE FEDERAL, STATE,
AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY OTHER TAX IMPOSED ON OR MEASURED BY INCOME. 
  

 A-3-1 

			
	REGISTERED	 	up to $_________ *
	No.     	 	CUSIP NO. _________   

 BA CREDIT CARD TRUST 
 [Floating Rate] 
 BASERIES CLASS C NOTE 
 BA CREDIT CARD TRUST (formerly known as MBNA Credit Card Master Note Trust), a statutory trust created under the laws of the State of Delaware (herein
referred to as the “Issuer”), for value received, hereby promises to pay to CEDE & CO., or registered assigns, subject to the following provisions, a principal sum of _______________________ payable on the __________ ____
Payment Date (the “Expected Principal Payment Date”), except as otherwise provided below or in the Indenture (as defined on the reverse hereof); provided, however, that the entire unpaid principal amount of this Note
shall be due and payable on the _________ ____ Payment Date (the “Legal Maturity Date”). Interest will accrue on this Note at the rate of _____, as more specifically set forth in the Class
         Terms Document dated [            ],
[            ] (the “Terms Document”), between the Issuer and the Indenture Trustee, and shall be due and payable on each Interest Payment Date from the
Monthly Interest Accrual Date in the related Monthly Period (or, in the case of the first Transfer Date, from the date of issuance of this Note) to but excluding the first Monthly Interest Accrual Date after the end of that Monthly Period. Interest
will be computed on the basis of a 360-day year [of twelve 30-day months] [and the actual number of days elapsed]. Such principal of and interest on this Note shall be paid in the manner specified on the reverse hereof. 
 The principal of and interest on this Note are payable in such coin or currency of the United States of America as at the time of payment is legal tender
for payment of public and private debts. All payments made by the Issuer with respect to this Note shall be applied first to interest due and payable on this Note as provided above and then to the unpaid principal of this Note. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof, which shall have the same effect as though fully set forth on
the face of this Note. 
 Unless the certificate of authentication hereon has been executed by the Indenture Trustee whose name appears below
by manual signature, this Note shall not be entitled to any benefit under the Indenture referred to on the reverse hereof, or be valid or obligatory for any purpose. 

	*	Denominations of $100,000 and in integral multiples of $1,000 in excess thereof. 

  

 A-3-2 

 IN WITNESS WHEREOF, the Issuer has caused this instrument to be signed, manually or in facsimile, by its
Authorized Officer. 
  

			
	 BA CREDIT CARD TRUST,
as Issuer

		
	By:	 	FIA CARD SERVICES, NATIONAL ASSOCIATION, as Beneficiary and not in its individual capacity
		
	By:	 	  
		 	Name:
		 	Title:
		
		 	Date: _______ __, 2001

  

 A-3-3 

 INDENTURE TRUSTEE’S CERTIFICATE OF AUTHENTICATION 
 This is one of the Notes designated above and referred to in the within-mentioned Indenture. 
  

			
	 THE BANK OF NEW YORK, not in its individual capacity but solely as Indenture Trustee

		
	By:	 	  
		 	Name:
		 	Title:
		
		 	Date: _______ __, 2001

  

 A-3-4 

 [REVERSE OF NOTE] 
 This Note is one of the Notes of a duly authorized issue of Notes of the Issuer, designated as its [Floating Rate] Asset Backed Notes (herein called the “Notes”), all issued under an Amended and
Restated Indenture dated as of June 10, 2006 (such indenture, as supplemented or amended, is herein called the “Indenture”), as supplemented by an Amended and Restated Indenture Supplement dated as of June 10, 2006 (the
“Indenture Supplement”), between the Issuer and The Bank of New York, as indenture trustee (the “Indenture Trustee”, which term includes any successor Indenture Trustee under the Indenture), to which Indenture and
all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Holders of the Notes. The Notes are subject to all terms of the Indenture.
All terms used in this Note that are defined in the Indenture, as supplemented or amended, shall have the meanings assigned to them in or pursuant to the Indenture, as so supplemented or amended. 
 The Class B Notes and the Class C Notes will also be issued under the Indenture. 
 The Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. 
 Principal of the Notes will be payable on the Expected Principal Payment Date in an amount described on the face hereof. 
 As described above, the entire unpaid principal amount of this Note shall be due and payable on the Legal Maturity Date. Notwithstanding the foregoing,
the entire unpaid principal amount of the Notes shall be due and payable on the date on which an Event of Default relating solely to the non-payment of interest on the Notes shall have occurred and be continuing and the Indenture Trustee or the
Holders of the Notes representing not less than a majority of the Outstanding Amount of the Notes have declared the Notes to be immediately due and payable in the manner provided in Section 702 of the Indenture; provided,
however, that such acceleration of the entire unpaid principal amount of the Notes may be rescinded by the holders of not less than a majority of the Outstanding Amount of the Notes. All principal payments on the Notes shall be made pro rata
to the Noteholders entitled thereto. 
 On any day occurring on or after the date on which the aggregate Nominal Liquidation Amount of any
tranche of Notes is reduced to less than 5% of its Initial Dollar Principal Amount, the Issuer has the right, but not the obligation, to redeem such tranche of Notes in whole but not in part, pursuant to Section 1202 of the Indenture.
The redemption price will be an amount equal to the Outstanding principal amount of such tranche, plus interest accrued and unpaid or principal accreted and unpaid on such tranche to but excluding the date of redemption. 
 Subject to the terms and conditions of the Indenture, the Beneficiary, on behalf of the Trust, may from time to time issue, or direct the Owner Trustee,
on behalf of the Trust, to issue, one or more series, classes or tranches of Notes. 
  

 A-3-5 

 On each Payment Date, the Paying Agent shall distribute to each Class C Noteholder of record on the
related Record Date (except for the final distribution with respect to this Note) such Class C Noteholder’s pro rata share of the amounts held by the Paying Agent that are allocated and available on such Payment Date to pay interest and
principal on the Class C Notes. Final payments of this Note will be made only upon presentation and surrender of this Note at the office or offices therein specified. 
 [Payments of interest on this Note due and payable on each Payment Date, together with the installment of principal, if any, to the extent not in full payment of this Note, shall be made by check mailed to the Person
whose name appears as the Registered Holder of this Note (or one or more Predecessor Notes) on the Note Register as of the close of business on each Record Date, except that with respect to Notes registered on the Record Date in the name of the
nominee of the clearing agency (initially, such nominee to be Cede & Co.), payments will be made by wire transfer in immediately available funds to the account designated by such nominee. Such checks shall be mailed to the Person entitled
thereto at the address of such Person as it appears on the Note Register as of the applicable Record Date without requiring that this Note be submitted for notation of payment. Any reduction in the principal amount of this Note (or any one or more
Predecessor Notes) effected by any payments made on any Payment Date shall be binding upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted
hereon. If funds are expected to be available, as provided in the Indenture, for payment in full of the then remaining unpaid principal amount of this Note on a Payment Date, then the Indenture Trustee, in the name of and on behalf of the Issuer,
will notify the Person who was the Registered Holder hereof as of the Record Date preceding such Payment Date by notice mailed within five days of such Payment Date and the amount then due and payable shall be payable only upon presentation and
surrender of this Note at the Indenture Trustee’s principal Corporate Trust Office or at the office of the Indenture Trustee’s agent appointed for such purposes located in the City of New York. On any payment of interest or principal being
made, details of such payment shall be entered by the Indenture Trustee on behalf of the Issuer in Schedule A hereto.] 
 [As provided in the
Indenture and subject to certain limitations set forth therein, the transfer of this Note may be registered on the Note Register upon surrender of this Note for registration of transfer at the office or agency designated by the Issuer pursuant to
the Indenture, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Indenture Trustee duly executed by, the Holder hereof or his attorney duly authorized in writing, with such signature guaranteed by a
commercial bank or trust company located, or having a correspondent located, in the City of New York or the city in which the Corporate Trust Office is located, or a member firm of a national securities exchange, and such other documents as the
Indenture Trustee may require, and thereupon one or more new Notes of authorized denominations and in the same aggregate principal amount will be issued to the designated transferee or transferees. No service charge will be charged for any
registration of transfer or exchange of this Note, but the transferor may be required to pay a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or exchange.]

  

 A-3-6 

 Each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial
interest in a Note, covenants and agrees that no recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer, the Owner Trustee or the Indenture Trustee on the Notes or under the Indenture or any certificate or other
writing delivered in connection therewith, against (i) the Indenture Trustee or the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent,
officer, director or employee of the Indenture Trustee or the Owner Trustee in its individual capacity, any holder of a beneficial interest in the Issuer, the Owner Trustee or the Indenture Trustee or of any successor or assign of the Indenture
Trustee or the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed and except that any such partner, owner or beneficiary shall be fully liable, to the extent provided by applicable law, for any unpaid
consideration for stock, unpaid capital contribution or failure to pay any installment or call owing to such entity. 
 To the fullest extent
permitted by applicable law, each Noteholder or Note Owner, by acceptance of a Note or, in the case of a Note Owner, a beneficial interest in a Note, covenants and agrees that by accepting the benefits of the Indenture that such Noteholder that it
will not at any time institute against FIA, the Master Trust or the Issuer, or join in any institution against FIA, the Master Trust or the Issuer of, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States Federal or state bankruptcy or similar law in connection with any obligations relating to the Notes, the Indenture or any Derivative Agreement. 
 Prior to the due presentment for registration of transfer of this Note, the Issuer, the Indenture Trustee and any agent of the Issuer or the Indenture
Trustee may treat the Person in whose name this Note (as of the day of determination or as of such other date as may be specified in the Indenture) is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither
the Issuer, the Indenture Trustee nor any such agent shall be affected by notice to the contrary. 
 The Indenture permits, with certain
exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Issuer and the rights of the Holders of the Notes under the Indenture at any time by the Issuer with the consent of the Holders of Notes
representing not less than a majority of the Outstanding Amount of all Notes at the time Outstanding. The Indenture also contains provisions permitting the Holders of Notes representing specified percentages of the Outstanding Amount of the Notes,
on behalf of the Holders of all the Notes, to waive compliance by the Issuer with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Note (or any
one of more Predecessor Notes) shall be conclusive and binding upon such Holder and upon all future Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation
of such consent or waiver is made upon this Note. The Indenture also permits the Indenture Trustee to amend or waive certain terms and conditions set forth in the Indenture without the consent of Holders of the Notes issued thereunder. 

 

 A-3-7 

 The term “Issuer” as used in this Note includes any successor to the Issuer under the
Indenture. 
 The Issuer is permitted by the Indenture, under certain circumstances, to merge or consolidate, subject to the rights of the
Indenture Trustee and the Holders of Notes under the Indenture. 
 The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth. 
 THIS NOTE AND THE INDENTURE WILL BE CONSTRUED IN ACCORDANCE
WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS. 
 No reference herein to the Indenture and no provision of this Note or of the Indenture shall alter or impair the obligation of the Issuer, which is
absolute and unconditional, to pay the principal of and interest on this Note at the times, place, and rate, and in the coin or currency herein prescribed. 
 No recourse may be taken, directly or indirectly, with respect to the obligations of the Issuer on the Notes or under the Indenture or any certificate or other writing delivered in connection herewith or therewith,
against (i) the Owner Trustee in its individual capacity, (ii) any owner of a beneficial interest in the Issuer or (iii) any partner, owner, beneficiary, agent, officer, director, employee or agent of the Owner Trustee in its
individual capacity, any holder of a beneficial interest in the Issuer or the Owner Trustee or of any successor or assign of the Owner Trustee in its individual capacity, except as any such Person may have expressly agreed (it being understood that
the Owner Trustee has no such obligations in its individual capacity). The Holder of this Note by the acceptance hereof agrees that, except as expressly provided in the Indenture and the Indenture Supplement in the case of an Event of Default under
the Indenture, the Holder shall have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided, however, that nothing contained herein shall be taken to prevent recourse to, and enforcement against,
the assets of the Issuer for any and all liabilities, obligations and undertakings contained in the Indenture or in this Note. 
  

 A-3-8 

 ASSIGNMENT 
 Social Security or taxpayer I.D. or other identifying number of assignee
                                        

 FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto 
 (name and address of assignee) 
 the within
Note and all rights thereunder, and hereby irrevocably constitutes and appoints attorney, to transfer said Note on the books kept for registration thereof, with full power of substitution in the premises. 
  

							
				
	 Dated:______________________________
	 		 	   	 	*
		 		 	Signature Guaranteed:	 	

	*	NOTE: The signature to this assignment must correspond with the name of the registered owner as it appears on the face of the within Note in every particular, without alteration,
enlargement or any change whatsoever. 

  

 A-3-9 

 SCHEDULE A 
 PART I 
 INTEREST PAYMENTS 
  

									
	Interest
Payment Date	 	 Date of
 Payment
	 	 Total Amount
 of Interest
 Payable
	 	 Amount of
 Interest Paid
	 	 Confirmation of
 payment by or on
 behalf of the
Trust

	First	 	________________	 	________________	 	________________	 	________________
					
	Second	 	                                     
 	 	                                     
 	 	                                     
 	 	                                     
 

 [continue numbering until the appropriate number of interest payment dates for the Notes is reached] 

 

 A-3-10 

 PART II 
 PRINCIPAL PAYMENTS 
  

							
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	 Confirmation of payment by
 or on behalf of the Trust

	                                       
            
	  	                                      
       	  	                                      
   	  	                                 
	                                       
            
	  	                                      
       	  	                                      
   	  	                                 
				
	 Date of Payment
	  	 Total Amount Payable
	  	Total Amount Paid	  	 Confirmation of payment by
 or on behalf of the Trust

	                                       
            
	  	                                      
       	  	                                      
   	  	                                 
	                                       
            
	  	                                      
       	  	                                      
   	  	                                 

 [continue numbering until the appropriate number of installment dates for the Notes is reached] 
  

 A-3-11 

 EXHIBIT B 
 [FORM OF] BASERIES SCHEDULE TO PAYMENT INSTRUCTIONS 
 FIA CARD SERVICES, NATIONAL ASSOCIATION 
  

 BA CREDIT CARD TRUST, BASERIES

 MONTHLY PERIOD ENDING _________ __, ____ 
 Capitalized terms used in this notice have their respective meanings set forth in the Indenture and the Indenture Supplement. Unless otherwise qualified, references herein to certain sections and subsections are
references to the respective sections and subsections of the Indenture Supplement. This instruction is delivered pursuant to Section 908 of the Indenture. 
 The Servicer does hereby instruct the Issuer to instruct the Indenture Trustee, and the Issuer does hereby instruct the Indenture Trustee, to make the following allocations and payments for the related Monthly Period
on __________ __, ____, which date is a Transfer Date under the Pooling and Servicing Agreement, in aggregate amounts set forth below in respect of the following amounts: 
 I. Allocations and Payments of BAseries Available Funds. 
  

	A.	Allocation of BAseries Available Funds pursuant to Section 3.01, to be applied on each Transfer Date by the Indenture Trustee in the following priority:

  

					
	1.	  	Amount of targeted deposits paid to the Interest Funding Account pursuant to Section 3.02	  	$                
			
	2.	  	Amount paid in respect of the BAseries Servicing Fee to the Servicer	  	$                
			
	3.	  	Amount paid in respect of any previously due and unpaid BAseries Servicing Fee to the Servicer	  	$                
			
	4.	  	Amount to be treated as BAseries Available Principal Amounts pursuant to Section 3.07 in an amount equal to the BAseries Investor Default Amount, if any	  	$                
			
	5.	  	Amount to be treated as BAseries Available Principal Amounts pursuant to Section 3.07 in an amount equal to the Nominal Liquidation Amount Deficit, if any	  	$                
			
	6.	  	Amount to make the target deposit to the Accumulation Reserve Account pursuant to Section 3.24 	  	$                

  

 B-1 

					
	7.	  	Amount to make the target deposit to the Class C Reserve Account pursuant to Section 3.22, if any	  	$                
			
	8.	  	Amount paid or deposited as required by the terms document of any class or tranche of BAseries Notes	  	$                
			
	9.	  	Amount to be treated as Shared Excess Available Funds for application in accordance with Section 3.25	  	$                
			
	10.	  	Amount to paid to the Issuer	  	$                
			
		  	 Total
	  	$                

  

	B.	Allocations of deposits to Interest Funding sub-Accounts pursuant to Section 3.03: 

  

							
	1.	  	Payments to Interest Funding sub-Accounts pursuant to Section 3.03:
				
		  	a.	  	[Class/Tranche]	  	$                
				
		  	b.	  	[Class/Tranche]	  	$                
				
		  		  	 Total
	  	$                

  

	C.	Payments and deposits pursuant to Section 3.04, to be received on the following dates: 

  

					
	1.	  	Withdrawals from the Class C Reserve Account deposited into the applicable Interest Funding sub-Account on the related Transfer Date pursuant to Section 3.23(a)	  	$                
			
	2.	  	As of the date of receipt, Receivables Sales Proceeds deposited in the applicable Interest Funding sub-Account as of the date of receipt by the Issuer	  	$                

  

	D.	Withdrawals from the Interest Funding Account pursuant to Section 3.13, to be made by the Indenture Trustee on the following dates: 

  

					
	1.	  	Amount withdrawn from the applicable Interest Funding sub-Accounts and remitted to the applicable Paying Agent on each Interest Payment Date, with respect to each tranche of Dollar
Notes	  	$                

  

 B-2 

					
	2.	  	Amount withdrawn from the applicable Interest Funding sub-Accounts and converted to the applicable foreign currency at the Spot Exchange Rate and remitted to the applicable Paying Agent for
Foreign Currency Notes with a non-Performing Derivative Agreement	  	$                
			
	3.	  	Amount withdrawn from the applicable Interest Funding sub-Accounts and invested in the Investor Interest of the Collateral Certificate on each Principal Payment Date, with respect to each
tranche of Discount Notes	  	$                
			
	4.	  	Amount withdrawn from the applicable Interest Funding sub-Accounts and paid to the applicable Derivative Party as specified in the applicable Derivative Agreement, with respect to each
tranche of Notes which has a Performing Derivative Agreement for interest	  	$                
			
	5.	  	Amount paid to the Issuer	  	$                

 II. Allocations and Payments of BAseries. 
  

	A.	Re-allocation of BAseries Available Principal Amounts pursuant to Section 3.07(a) to be applied on the next Transfer Date by the Indenture Trustee:

  

					
	1.	  	Reallocated Class C Principal Collections:	  	$                
			
	2.	  	Reallocated Class B Principal Collections:	  	$                

  

	B.	Targeted Deposits of BAseries Available Principal Amounts to the Principal Funding Account pursuant to Section 3.10, to be made by the Indenture Trustee on the following
dates: 

  

							
	1.	  	On the applicable Principal Payment Date prior to any payment, the Nominal Liquidation Amount for the related tranche of Notes:	  	
				
		  	a.	  	[Class/Tranche]	  	$                
				
		  	b.	  	[Class/Tranche]	  	$                
				
		  		  	 Total
	  	$                

  

 B-3 

							
			
	2.	  	In the applicable Principal Funding sub-Account for the related tranche of Notes, the Controlled Accumulation Amount or the amount specified in Section
3.10(b)(ii):	  	
				
		  	a.	  	[Class/Tranche]	  	$                
				
		  	b.	  	[Class/Tranche]	  	$                
				
		  		  	 Total
	  	$                
			
	3.	  	In the applicable Principal Funding sub-Account, the Prefunding Target Amount for the BAseries on the related Transfer Date:	  	
				
		  	a.	  	[Class/Tranche]	  	$                
				
		  	b.	  	[Class/Tranche]	  	$                
				
		  		  	 Total
	  	$                
			
	4.	  	In the case of an Event of Default, Early Redemption Event or other optional or mandatory redemption, on the applicable Transfer Date, the Nominal Liquidation Amount for the
related tranche of Notes:	  	
				
		  	a.	  	[Class/Tranche]	  	$                
				
		  	b.	  	[Class/Tranche]	  	$                
				
		  		  	 Total
	  	$                

  

	C.	Payments and deposits pursuant to Section 3.12, to be received on the following dates: 

  

					
	1.	  	Withdrawals from the Class C Reserve Account deposited into the applicable Principal Funding sub-Account on the related Transfer Date pursuant to Section 3.23(b)	  	$                
			
	2.	  	As of the date of receipt, Receivables Sales Proceeds received pursuant to Section 3.20(c)(i) deposited in the applicable Principal Funding sub-Account as of the date of receipt by the
Issuer	  	$                

  

	D.	Reallocations of deposits to Principal Funding sub-Accounts pursuant to Section 3.11: 

  

					
	1.	  	Payments to Principal Funding sub-Accounts pursuant to Section 3.11(b)(i) for the Class A Notes	  	$                
			
	2.	  	Payments to Principal Funding sub-Accounts pursuant to Section 3.11(b)(ii) for the Class B Notes	  	$                
			
	3.	  	Payments to Principal Funding sub-Accounts pursuant to Section 3.11(b)(iii) for the Class C Notes	  	$                

  

 B-4 

	E.	Withdrawals from the Principal Funding Account pursuant to Section 3.14, to be made by the Indenture Trustee on the following dates: 

  

							
		 	1.	  	Amount withdrawn from the applicable Principal Funding sub-Accounts and remitted to the applicable Paying Agent on each Principal Payment Date, with respect to each tranche of Dollar
Notes	  	$                
				
		 	2.	  	Amount withdrawn from the applicable Principal Funding sub-Accounts and paid to the applicable Derivative Party as specified in the applicable Derivative Agreement, with respect to each
tranche of Notes which has a Performing Derivative Agreement for Principal	  	$                
				
		 	3.	  	Dollar amount withdrawn from the applicable Principal Funding sub-Accounts and converted to the applicable foreign currency at the Spot Exchange Rate pursuant to the applicable Derivative
Agreement, with respect to each tranche of Notes which has a non-Performing Derivative Agreement for principal	  	$                
				
		 	4.	  	Amount of Prefunding Excess Amount withdrawn from the Principal Funding sub-Accounts and paid to the Master Trust to increase the Investor Interest of the Collateral Certificate	  	$                
				
		 	5.	  	Amount withdrawn from the applicable Principal Funding sub-Accounts on the Legal Maturity Date of any tranche and applied to pay principal of that tranche or paid to the applicable Derivative
Party for that tranche as specified in the applicable Derivative Agreement	  	$                
				
		 	6.	  	Amount paid to the Issuer	  	$                
			
	F.	 	Amount of principal accreted on all tranches of Discount Notes and paid to the Master Trust pursuant to Section 3.17(a)	  	$                
			
	G.	 	Allocations of reductions from Investor Charge-Offs to the Nominal Liquidation Amount of subordinated classes pursuant to Section 3.05:	  	
				
		 	1.	  	Initial allocation of Investor Charge-Offs to each tranche of Outstanding Notes	  	$                
		 		  	 Class A
	  	$                
		 		  	 Class B
	  	$                
		 		  	 Class C
	  	$                

  

 B-5 

					
	2.	  	Amount reallocated to the Class C Notes, subject to the restrictions set forth in Section 3.05(c)	  	$                
			
	3.	  	Amount reallocated to the Class B Notes, subject to the restrictions set forth in Section 3.05(d)	  	$                

  

					
			
	H.	  	Net proceeds from sales of Receivables for Accelerated Notes pursuant to Section 3.20	    	$                

 III. Targeted deposits to, and withdrawals of funds on deposit from, the Class C Reserve Account.

  

									
	A.	    	Targeted deposit to the Class C Reserve Account pursuant to Section 3.22(a):
		
	B.	    	Deposits to the Class C Reserve sub-Accounts pursuant to Section 3.22:
				
		    	1.	    	Sum of the Class C Reserve sub-Account deposits for each applicable tranche of Outstanding Notes:	  	
					
		    		    	a.	    	[Tranche]	  	$                
					
		    		    	b.	    	[Tranche]	  	$                
					
		    		    		    	 Total
	  	$                
			
	C.	    	Withdrawals from the Class C Reserve Account pursuant to Section 3.23:	  	
				
		    	1.	    	Amount withdrawn from the applicable Class C Reserve sub-Account and deposited in the applicable Interest Funding sub-Account pursuant to Section 3.23(a):	  	
					
		    		    	a.	    	Interest Funding sub-Account for [Tranche]	  	$                
					
		    		    	b.	    	Interest Funding sub-Account for [Tranche]	  	$                
					
		    		    		    	 Total
	  	$                
				
		    	2.	    	Amount withdrawn from the Class C Reserve sub-Account and deposited in the applicable Principal Funding sub-Account pursuant to Section 3.23(b):	  	
					
		    		    	a.	    	Principal Funding sub-Account for [Tranche]	  	$                
					
		    		    	b.	    	Principal Funding sub-Account for [Tranche]	  	$                
					
		    		    		    	 Total
	  	$                
				
		    	3.	    	Amounts paid to the Issuer pursuant to Section 3.23(c)	  	$                

  

 B-6 

 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this __th day of
__________, _____. 
  

			
	FIA CARD SERVICES,
	NATIONAL ASSOCIATION,
	as Servicer
		
	By:	 	  
		 	Name:
		 	Title:

  

 B-7 

 EXHIBIT C 
 [FORM OF] BASERIES SCHEDULE TO 
 MONTHLY NOTEHOLDERS’ STATEMENT 
 Date: ______ __, ____ 
 BA CREDIT CARD TRUST 
 MONTHLY PERIOD ENDING _______ __, ____ 
 Reference is made to the Amended and Restated Series 2001-D Supplement (the “Series 2001-D Supplement”), dated as of June 10, 2006, between FIA Card Services, National Association (formerly known as MBNA America Bank,
National Association), a national banking association (the “Bank”), as Seller and Servicer, and The Bank of New York, as Trustee, the Amended and Restated Indenture (the “Indenture”), dated as of June 10, 2006, and the
Amended and Restated Indenture Supplement (the “Indenture Supplement”), dated as of June 10, 2006, each between BA Credit Card Trust (formerly known as MBNA Credit Card Master Note Trust), as Issuer, and The Bank of New York, as
Indenture Trustee. Terms used herein and not defined herein have the meanings ascribed to them in the Series 2001-D Supplement, the Indenture and the Indenture Supplement, as applicable. 
 The following computations are prepared with respect to the Transfer Date of _______ __, ____ and with respect to the performance of the Trust
during the related Monthly Period. 
  

	A.	Targeted deposits to Interest Funding sub-Accounts: 

  

											
	 Class/Tranche
	  	Targeted Deposit
to Interest Funding
sub-Account for
applicable Monthly
Period	  	Actual Deposit to
Interest Funding
sub-Account for
applicable Monthly
Period	  	Shortfall from
earlier Monthly
Periods	  	Interest Funding
sub-account
Balance prior to
Withdrawals	  	Interest Funding
sub-Account
Earnings
	 [Class A Total:]
	  		  		  		  		  	
						
	 [Class B Total:]
	  		  		  		  		  	
						
	 [Class C Total:]
	  		  		  		  		  	
						
	 [Total:]
	  		  		  		  		  	

  

 C-1 

	B.	Interest to be paid on the corresponding Interest Payment Date: 

  

							
	 Class/Tranche
	  	Interest Payment
Date	  	Interest Rate	  	Amount of
interest to be paid
on corresponding
Interest Payment
Date
	 [Class A Total:]
	  		  		  	
				
	 [Class B Total:]
	  		  		  	
				
	 [Class C Total:]
	  		  		  	
				
	 [Total:]
	  		  		  	

  

	C.	Targeted deposits to Class C Reserve sub-Accounts: 

  

									
	 Tranche
	  	Targeted Deposit
to Class C Reserve
sub-Account for
applicable Monthly
Period	  	Actual Deposit to
Class C Reserve
sub-Account for
applicable Monthly
Period	  	Class C Reserve
sub-Account
Balance on
Transfer Date prior
to Withdrawals	  	Class C Reserve
sub-Account
Earnings
		  		  		  		  	
		  		  		  		  	
	 [Total:]
	  		  		  		  	

  

	D.	Withdrawals to be made from the C Reserve sub-Accounts on the corresponding [Transfer Date]: 

  

							
	 Tranche
	  	 Withdrawals
for
 Interest
	  	 Withdrawals
for
 Principal
	  	Class C Reserve
sub-Account
Balance on
Transfer Date after
Withdrawals
	 Class C Total:
	  		  		  	

  

	E.	Targeted deposits to Principal Funding sub-Accounts: 

  

											
	 Class/Tranche
	  	Targeted Deposit to
Principal Funding
sub-Account for
applicable Monthly
Period	  	Actual Deposit to
Principal Funding
sub-Account for
applicable Monthly
Period	  	Shortfall from
earlier Monthly
Periods	  	Principal Funding
sub-Account
Balance on
Transfer Date	  	Principal Funding
sub-Account
Earnings
	 [Class A Total:]
	  		  		  		  		  	
						
	 [Class B Total:]
	  		  		  		  		  	
						
	 [Class C Total:]
	  		  		  		  		  	
						
	 [Total:]
	  		  		  		  		  	

  

 C-2 

	F.	Principal to be paid on the corresponding Principal Payment Date: 

  

					
	 Class/Tranche
	  	Principal
Payment
Date	  	Amount of
principal to be paid
on corresponding
Principal Payment
Date
	 [Class A Total:]
	  		  	
			
	 [Class B Total:]
	  		  	
			
	 [Class C Total:]
	  		  	
			
	 [Total:]
	  		  	

  

	G.	Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount as of the end of the prior Monthly Period: 

  

									
	 Class/Tranche
	  	Initial Dollar
Principal
Amount	  	Outstanding
Principal
Amount	  	Adjusted
Outstanding
Principal
Amount	  	Nominal
Liquidation
Amount
	 [Class A Total:]
	  		  		  		  	
					
	 [Class B Total:]
	  		  		  		  	
					
	 [Class C Total:]
	  		  		  		  	
					
	 [Total:]
	  		  		  		  	

  

	H.	Class A Usage of Class B and Class C Subordinated Amounts: 

  

									
	 Tranche
	  	Class A Usage
of Class B
Subordinated
Amount for this
Monthly Period	  	Class A Usage
of Class C
Subordinated
Amount for this
Monthly Period	  	Cumulative
Class A Usage
of Class B
Subordinated
Amount	  	Cumulative
Class A Usage
of Class C
Subordinated
Amount
		  		  		  		  	
		  		  		  		  	
	 [Total:]
	  		  		  		  	

  

	I.	Class B Usage of Class C Subordinated Amounts: 

  

					
	 Tranche
	  	Class B Usage of
Class C
Subordinated
Amount for this
Monthly Period	  	Cumulative
Class B Usage of
Class C
Subordinated
Amount
		  		  	
		  		  	
	 [Total:]
	  		  	

  

 C-3 

	J.	Nominal Liquidation Amounts for Tranches of Notes Outstanding: 

  

																	
	 Class/ Tranche
	  	Beginning
Nominal
Liquidation
Amount	  	Increases
from
accretions
on Principal
for Discount
Notes	  	Increases
from
amounts
withdrawn
from the
Principal
Funding
sub-Account
in respect
of
Prefunding
Excess
Amount	  	Reimbursements
from BAseries
Available Funds	  	 Reductions
 due to
reallocations
 of BAseries
 Available
Principal
Amounts
	  	Reductions
due to
Investor
Charge-Offs	  	Reductions
due to
amounts on
deposit in
the Principal
Funding
sub-Account	  	Ending
Nominal
Liquidation
Amount
	 [Class A Total:]
	  		  		  		  		  		  		  		  	
									
	 [Class B Total:]
	  		  		  		  		  		  		  		  	
									
	 [Class C Total:]
	  		  		  		  		  		  		  		  	
									
	 [Total:]
	  		  		  		  		  		  		  		  	

  

	K.	Excess Available Funds and 3 Month Excess Available Funds: 

  

				
	 Excess Available Funds
	  	$	_____
		
	 Is 3 Month Excess Available Funds < 0 ? (Yes/No)
	  	 	_____

  

	L.	Other Performance Triggers: 

  

			
	 Has a Class C Reserve sub-Account funding trigger occurred? (Yes/No)
	  	_____

  

 C-4 

 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Monthly Noteholders’
Statement this __th day of __________, _____. 
  

			
	FIA CARD SERVICES,
	NATIONAL ASSOCIATION,
	 as Beneficiary of the BA Credit Card Trust and as Servicer of the BA Master Credit Card Trust II

		
	By:	 	  
		 	Name:
		 	Title:

  

 C-5 

 Schedule 1 
 Terms Documents 
 Class A(2001-1) Terms Document, dated as of May 31, 2001

 Class A(2001-2) Terms Document, dated as of July 26, 2001 
 Class A(2001-3) Terms Document, dated as of August 8, 2001 
 Class A(2001-Emerald) Terms Document, dated as of August 15, 2001 
 Class A(2001-5) Terms Document, dated as of November 8, 2001 
 Class A(2002-1) Terms Document, dated as of January 31, 2002 
 Class A(2002-2) Terms Document, dated as of March 27, 2002 
 Class A(2002-3) Terms Document, dated as of April 24, 2002 
 Class A(2002-4) Terms Document, dated as of May 9, 2002 
 Class A(2002-5) Terms Document, dated as of May 30, 2002 
 Class A(2002-7) Terms Document, dated as of July 25, 2002 
 Class A(2002-8) Terms Document, dated as of July 31, 2002 
 Class A(2002-9) Terms Document, dated as of July 31, 2002 
 Class A(2002-10) Terms Document, dated as of September 19, 2002 
 Class A(2002-11) Terms Document, dated as of October 30, 2002 
 Class A(2002-13) Terms Document, dated as of December 18, 2002 
 Class A(2003-1) Terms Document, dated as of February 27, 2003 
 Class A(2003-3) Terms Document, dated as of April 10, 2003 
 Class A(2003-4) Terms Document, dated as of April 24, 2003 
 Class A(2003-5) Terms Document, dated as of May 21, 2003 
 Class A(2003-6) Terms Document, dated as of June 4, 2003 
 Class A(2003-7) Terms Document, dated as of July 8, 2003 
 Class A(2003-8) Terms Document, dated as of August 5, 2003 
 Class A(2003-9) Terms Document, dated as of September 24, 2003 
 Class A(2003-10) Terms Document, dated as of October 15, 2003 
 Class A(2003-11) Terms Document, dated as of November 6, 2003 
 Class A(2003-12) Terms Document, dated as of December 18, 2003 
 Class A(2004-1) Terms Document, dated as of February 26, 2004 
 Class A(2004-2) Terms Document, dated as of February 25, 2004 
 Class A(2004-3) Terms Document, dated as of March 17, 2004 
 Class A(2004-4) Terms Document, dated as of April 15, 2004 
 Class A(2004-5) Terms Document, dated as of May 25, 2004 
 Class A(2004-6) Terms Document, dated as of June 17, 2004 
 Class A(2004-7) Terms Document, dated as of July 28, 2004 
 Class A(2004-8) Terms Document, dated as of September 14, 2004 
 Class A(2004-9) Terms Document, dated as of October 1, 2004 
 Class A(2004-10) Terms Document, dated as of October 27, 2004 
 Class A(2005-1) Terms Document, dated as of April 20, 2005 
 Class A(2005-2) Terms Document, dated as of May 19, 2005 
 Class A(2005-3) Terms Document, dated as of June 14, 2005 
 Class A(2005-4) Terms Document, dated as of July 7, 2005 
 Class A(2005-5) Terms Document, dated as of August 11, 2005 
  

 Schedule 1-1 

 Class A(2005-6) Terms Document, dated as of August 25, 2005 
 Class A(2005-7) Terms Document, dated as of September 29, 2005 
 Class A(2005-8) Terms Document, dated as of October 12, 2005 
 Class A(2005-9) Terms Document, dated as of November 17, 2005 
 Class A(2005-10) Terms Document, dated as of November 29, 2005 
 Class A(2005-11) Terms Document, dated as of December 16, 2005 
 Class A(2006-1) Terms Document, dated as of February 15, 2006 
 Class A(2006-2) Terms Document, dated as of March 7, 2006 
 Class A(2006-3) Terms Document, dated as of March 30, 2006 
 Class A(2006-4) Terms Document, dated as of May 31, 2006 
 Class A(2006-5) Terms Document, dated as of June 9, 2006 
 Class B(2001-1) Terms Document, dated as of May 24, 2001 
 Class B(2001-2) Terms Document, dated as of September 6, 2001 
 Class B(2001-3) Terms Document, dated as of December 20, 2001 
 Class B(2002-1) Terms Document, dated as of February 28, 2002 
 Class B(2002-2) Terms Document, dated as of June 12, 2002 
 Class B(2002-4) Terms Document, dated as of October 29, 2002 
 Class B(2003-1) Terms Document, dated as of February 20, 2003 
 Class B(2003-2) Terms Document, dated as of June 12, 2003 
 Class B(2003-3) Terms Document, dated as of August 20, 2003 
 Class B(2003-4) Terms Document, dated as of October 15, 2003 
 Class B(2003-5) Terms Document, dated as of October 2, 2003 
 Class B(2004-1) Terms Document, dated as of April 1, 2004 
 Class B(2004-2) Terms Document, dated as of August 11, 2004 
 Class B(2005-1) Terms Document, dated as of June 22, 2005 
 Class B(2005-2) Terms Document, dated as of August 11, 2005 
 Class B(2005-3) Terms Document, dated as of November 9, 2005 
 Class B(2005-4) Terms Document, dated as of November 2, 2005 
 Class B(2006-1) Terms Document, dated as of March 3, 2006 
 Class B(2006-2) Terms Document, dated as of March 24, 2006 
  

 Schedule 1-2 

 Class C(2001-1) Terms Document, dated as of May 24, 2001 
 Class C(2001-2) Terms Document, dated as of July 12, 2001 
 Class C(2001-3) Terms Document, dated as of July 25, 2001 
 Class C(2001-4) Terms Document, dated as of September 6, 2001 
 Class C(2001-5) Terms Document, dated as of December 11, 2001 
 Class C(2002-1) Terms Document, dated as of February 28, 2002 
 Class C(2002-2) Terms Document, dated as of June 12, 2002 
 Class C(2002-3) Terms Document, dated as of June 12, 2002 
 Class C(2002-4) Terms Document, dated as of August 29, 2002 
 Class C(2002-6) Terms Document, dated as of October 29, 2002 
 Class C(2002-7) Terms Document, dated as of October 29, 2002 
 Class C(2003-1) Terms Document, dated as of February 4, 2003 
 Class C(2003-2) Terms Document, dated as of February 12, 2003 
 Class C(2003-3) Terms Document, dated as of May 8, 2003 
 Class C(2003-4) Terms Document, dated as of June 19, 2003 
 Class C(2003-5) Terms Document, dated as of July 2, 2003 
 Class C(2003-6) Terms Document, dated as of July 30, 2003 
 Class C(2003-7) Terms Document, dated as of November 5, 2003 
 Class C(2004-1) Terms Document, dated as of March 16, 2004 
 Class C(2004-2) Terms Document, dated as of July 1, 2004 
 Class C(2005-1) Terms Document, dated as of June 1, 2005 
 Class C(2005-2) Terms Document, dated as of September 22, 2005 
 Class C(2005-3) Terms Document, dated as of October 20, 2005 
 Class C(2006-1) Terms Document, dated as of February 17, 2006 
 Class C(2006-2) Terms Document, dated as of March 17, 2006 
 Class C(2006-3) Terms Document, dated as of May 31, 2006 
  

 Schedule 1-3Amended and Restated 1999 Incentive Compensation Plan

 Exhibit 10.1 
 COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION 
 AMENDED AND RESTATED 1999 INCENTIVE COMPENSATION PLAN

 (AS AMENDED AND RESTATED THROUGH APRIL 12, 2006) 
 1.0 DEFINITIONS 
 The following terms shall have the following meanings unless the context indicates
otherwise: 
 1.1 “Award” shall mean either a Stock Option, an SAR, a Stock Award, a Stock Unit, a Performance Share, a
Performance Unit, or a Cash Award. 
 1.2 “Award Agreement” shall mean a written agreement between the Company and the
Participant that establishes the terms, conditions, restrictions and/or limitations applicable to an Award in addition to those established by the Plan and by the Committee’s exercise of its administrative powers. 
 1.3 “Board” shall mean the Board of Directors of the Company. 
 1.4 “Cash Award” shall mean the grant by the Committee to a Participant of an award of cash as described in Section 11 below.

 1.5 “Cause” shall mean (i) willful malfeasance or willful misconduct by the Employee in connection with his
employment, (ii) continuing failure to perform such duties as are requested by the Company and/or its subsidiaries, (iii) failure by the Employee to observe material policies of the Company and/or its subsidiaries applicable to the
Employee or (iv) the commission by the Employee of (x) any felony or (y) any misdemeanor involving moral turpitude. 
 1.6 “Change in Control of the Company” shall mean the occurrence of any of the following events: 
 (a) any Person, as such term is used for purposes of Section 13(d) or 14(d) of the Exchange Act, or any successor section thereto, (other than (i) the Company, (ii) any trustee or other fiduciary holding securities
under an employee benefit plan of the Company, (iii) any Subsidiaries of the Company, (iv) any company owned, directly or indirectly, by the stockholders of the Company in substantially the same proportions as their ownership of stock of
the Company or (v) IMS Health Incorporated or its Subsidiaries), becomes the beneficial owner, directly or indirectly, of securities of the Company representing 35% or more of the combined voting power of the Company’s then-outstanding
securities; provided however, that the acquisition of securities in a bona fide public offering or private placement of securities by an investor who is acquiring such securities for passive investment purposes only shall not constitute a
“Change in Control”. 
 (b) during any period of twenty-four months, individuals who at the beginning of such
period constitute the Board, and any new director (other than (i) a director nominated by a Person who has entered into an agreement with the Company to effect a transaction described in Sections 1.6 (a), (c) or (d) of the Plan,
(ii) a director nominated by any Person (including the Company) who publicly announces an intention to take or to consider taking actions (including, but not limited to, an actual or threatened proxy contest) which if consummated would
constitute a Change in Control or (iii) a director nominated by any Person who is the beneficial owner, directly or indirectly, of securities of the Company representing 10% or more of the combined voting power of the Company’s securities)
whose election by the Board or nomination for election by the Company’s shareholders is or was approved by a vote of at least two-thirds ( 2/3) of the directors then still in office who either were directors at the beginning of the period or whose election or nomination for election was previously, so approved, cease for any reason to
constitute at least a majority thereof; 
 (c) the effective date or date of consummation of any transaction or
series of transactions (other than a transaction to which only the Company and one or more of its subsidiaries are parties) under which the Company is merged or consolidated with any other company, other than a merger or consolidation (i) which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than 66 2/3% of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation and (ii) after which no Person holds 35% or more of the combined voting
power of the then-outstanding securities of the Company or such surviving entity; or 

 (d) the shareholders of the Company approve a plan of complete liquidation of the
Company or an agreement for the sale or disposition by the Company of all or substantially all of the Company’s assets; 
 1.7 “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time. 
 1.8 “Committee” shall mean (i) the Board or (ii) a committee or subcommittee of the Board appointed by the Board from among its members. The Committee may be the Board’s Compensation Committee. Unless
the Board determines otherwise, the Committee shall be comprised solely of not less than two members who each shall qualify as: 
 (a) a “Non-Employee Director” within the meaning of Rule 16b-3(b)(3) (or any successor rule) under the Exchange Act, and 
 (b) an “outside director” within the meaning of Code Section 162(m) and the Treasury Regulations thereunder. 
 1.9 “Common Stock” shall mean the Class A common stock, $.01 par value per share, of the Company. 
 1.10 “Company” shall mean Cognizant Technology Solutions Corporation, a Delaware corporation. 
 1.11 “Disability” shall mean shall mean the inability to engage in any substantial gainful activity by reason of a medically determinable physical or mental impairment which constitutes a permanent and total
disability, as defined in Section 22(e) (3) of the Code (or any successor section thereto). The determination whether a Participant has suffered a Disability shall be made by the Committee based upon such evidence as it deems necessary and
appropriate, and shall be conclusive and binding on the Participant. A Participant shall not be considered disabled unless he or she furnishes such medical or other evidence of the existence of the Disability as the Committee, in its sole
discretion, may require. 
 1.12 “Dividend Equivalent Right” shall mean the right to receive an amount equal to the
amount of any dividend paid with respect to a share of Common Stock multiplied by the number of shares of Common Stock underlying or with respect to a Stock Option, a SAR, a Stock Unit or a Performance Unit, and which shall be payable in cash, in
Common Stock, in the form of Stock Units or Performance Units, or a combination of any or all of the foregoing. 
 1.13 “Effective Date” shall mean the date on which the Plan is adopted by the Board. 
 1.14 “Employee” shall mean an employee of the Company or any Subsidiary as described in Treasury Regulation Section 1.421-7(h). 
 1.15 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to time, including applicable regulations thereunder. 
 1.16 “Fair Market Value of the Common Stock” shall mean: 
 (a) if the Common Stock is readily tradable on a national securities exchange or other market system, the closing price of the
Common Stock on the date of calculation (or on the last preceding trading date if Common Stock was not traded on such date), or 
 (b) if the Common Stock is not readily tradable on a national securities exchange or other market system: (i) the book value of a share of Common Stock as of the last day of the last completed fiscal quarter preceding the date
of calculation; or (ii) any other value as otherwise determined in good faith by the Board. 
 1.17 “Independent
Contractor” shall mean a person (other than a person who is an Employee or a Nonemployee Director) or an entity that renders services to the Company. 
 1.18 “ISO” shall mean an “incentive stock option” as such term is used in Code Section 422. 

 1.19 “Nonemployee Director” shall mean a member of the Board who is not an
Employee. 
 1.20 “Nonqualified Stock Option” shall mean a Stock Option that does not qualify as an ISO. 
 1.21 “Participant” shall mean any Employee, Nonemployee Director or Independent Contractor to whom an Award has been granted by the
Committee under the Plan. 
 1.22 “Performance-Based Award” shall mean an Award subject to the achievement of certain
performance goal or goals as described in Section 12 below. 
 1.23 “Performance Share” shall mean the grant by
the Committee to a Participant of an Award as described in Section 10.1 below. 
 1.24 “Performance Unit” shall
mean the grant by the Committee to a Participant of an Award as described in Section 10.2 below. 
 1.25 “Plan”
shall mean the Cognizant Technology Solutions Corporation 1999 Incentive Compensation Plan. 
 1.26 “SAR” shall
mean the grant by the Committee to a Participant of a stock appreciation right as described in Section 8 below. 
 1.27 “Stock Award” shall mean the grant by the Committee to a Participant of an Award of Common Stock as described in Section 9.1 below. 
 1.28 “Stock Option” shall mean the grant by the Committee to a Participant of an option to purchase Common Stock as described in
Section 7 below. 
 1.29 “Stock Unit” shall mean the grant by the Committee to a Participant of an Award as
described in Section 9.2 below. 
 1.30 “Subsidiary” shall mean a corporation of which the Company directly or
indirectly owns more than 50 percent of the Voting Stock or any other business entity in which the Company directly or indirectly has an ownership interest of more than 50 percent. 
 1.31 “Treasury Regulations” shall mean the regulations promulgated under the Code by the United States Department of the Treasury,
as amended from time to time. 
 1.32 “Vest” shall mean: 
 (a) with respect to Stock Options and SARs, when the Stock Option or SAR (or a portion of such Stock Option or SAR) first becomes
exercisable and remains exercisable subject to the terms and conditions of such Stock Option or SAR; or 
 (b) with
respect to Awards other than Stock Options and SARs, when the Participant has: 
 (i) an unrestricted right, title and
interest to receive the compensation (whether payable in Common Stock, cash or a combination of both) attributable to an Award (or a portion of such Award) or to otherwise enjoy the benefits underlying such Award; and 
 (ii) a right to transfer an Award subject to no Company-imposed restrictions or limitations other than restrictions and/or
limitations imposed by Section 14 below. 
 1.33 “Vesting Date” shall mean the date or dates on which an Award
Vests. 
 1.34 “Voting Stock” shall mean the capital stock of any class or classes having general voting power under
ordinary circumstances, in the absence of contingencies, to elect the directors of a corporation. 
 2.0 PURPOSE AND TERM OF PLAN 
 2.1 PURPOSE. The purpose of the Plan is to motivate certain Employees, Nonemployee Directors and Independent Contractors to put forth maximum
efforts toward the growth, profitability, and success of the Company and Subsidiaries by providing incentives to such Employees, Nonemployee Directors and 

 Independent Contractors either through cash payments and/or through the ownership and performance of the Common Stock. In
addition, the Plan is intended to provide incentives which will attract and retain highly qualified individuals as Employees and Nonemployee Directors and to assist in aligning the interests of such Employees and Nonemployee Directors with those of
its stockholders. 
 2.2 TERM. The Plan shall be effective as of the Effective Date; provided, however, that the Plan shall be
approved by the stockholders of the Company at an annual meeting or any special meeting of stockholders of the Company within 12 months before or after the Effective Date, and such approval by the stockholders of the Company shall be a condition to
the right of each Participant to receive Awards hereunder. Any Award granted under the Plan prior to the approval by the stockholders of the Company shall be effective as of the date of grant (unless the Committee specifies otherwise at the time of
grant), but no such Award may Vest, be paid out, or otherwise be disposed of prior to such stockholder approval. If the stockholders of the Company fail to approve the Plan in accordance with this Section 2.2, any Award granted under the Plan
shall be cancelled. The Plan shall terminate on the 10th anniversary of the Effective Date (unless sooner terminated by the Board under Section 16.1 below. 
 2.3 STOCK SPLITS. All share numbers in this April 12, 2006 Amended and Restated Plan reflect the two (2)-for one (1) split of the Common Stock effected on June 17, 2004 and all prior stock
splits. 
 3.0 ELIGIBILITY AND PARTICIPATION 
 3.1 ELIGIBILITY. All Employees of the Company, all Nonemployee Directors and all Independent Contractors shall be eligible to participate in the Plan and to receive Awards. 
 3.2 PARTICIPATION. Participants shall consist of such Employees, Nonemployee Directors and Independent Contractors as the Committee in its
sole discretion designates to receive Awards under the Plan. Designation of a Participant in any year shall not require the Committee to designate such person or entity to receive an Award in any other year or, once designated, to receive the same
type or amount of Award as granted to the Participant in any other year. The Committee shall consider such factors as it deems pertinent in selecting Participants and in determining the type and amount of their respective Awards. 
 4.0 ADMINISTRATION 
 4.1 RESPONSIBILITY.
The Committee shall have the responsibility, in its sole discretion, to control, operate, manage and administer the Plan in accordance with its terms. 
 4.2 AWARD AGREEMENT. Each Award granted under the Plan shall be evidenced by an Award Agreement which shall be signed by the Committee and the Participant; provided, however, that in the event of any
conflict between a provision of the Plan and any provision of an Award Agreement, the provision of the Plan shall prevail. 
 4.3 AUTHORITY OF THE COMMITTEE. The Committee shall have all the discretionary authority that may be necessary or helpful to enable it to discharge its responsibilities with respect to the Plan, including but not limited to the
following: 
 (a) to determine eligibility for participation in the Plan; 
 (b) to determine eligibility for and the type and size of an Award granted under the Plan; 
 (c) to supply any omission, correct any defect, or reconcile any inconsistency in the Plan in such manner and to such extent as it
shall deem appropriate in its sole discretion to carry the same into effect; 
 (d) to issue administrative guidelines
as an aid to administer the Plan and make changes in such guidelines as it from time to time deems proper; 
 (e) to
make rules for carrying out and administering the Plan and make changes in such rules as it from time to time deems proper; 
 (f) to the extent permitted under the Plan, grant waivers of Plan terms, conditions, restrictions, and limitations; 

 (g) to accelerate the Vesting of any Award when such action or actions would be in
the best interest of the Company; 
 (h) to grant Award in replacement of Awards previously granted under this Plan or
any other executive compensation plan of the Company; and 
 (i) to take any and all other actions it deems necessary
or advisable for the proper operation or administration of the Plan. 
 4.4 ACTION BY THE COMMITTEE. The Committee may act only
by a majority of its members. Any determination of the Committee may be made, without a meeting, by a writing or writings signed by all of the members of the Committee. In addition, the Committee may authorize any one or more of its members to
execute and deliver documents on behalf of the Committee. 
 4.5 DELEGATION OF AUTHORITY. The Committee may delegate to one or
more of its members, or to one or more agents, such administrative duties as it may deem advisable; provided, however, that any such delegation shall be in writing. In addition, the Committee, or any person to whom it has delegated duties under this
Section 4.5, may employ one or more persons to render advice with respect to any responsibility the Committee or such person may have under the Plan. The Committee may employ such legal or other counsel, consultants and agents as it may deem
desirable for the administration of the Plan and may rely upon any opinion or computation received from any such counsel, consultant or agent. Expenses incurred by the Committee in the engagement of such counsel, consultant or agent shall be paid by
the Company, or the Subsidiary whose employees have benefited from the Plan, as determined by the Committee. 
 4.6 DETERMINATIONS
AND INTERPRETATIONS BY THE COMMITTEE. All determinations and interpretations made by the Committee shall be binding and conclusive on all Participants and their heirs, successors, and legal representatives. 
 4.7 LIABILITY. No member of the Board, no member of the Committee and no employee of the Company shall be liable for any act or failure to
act hereunder, except in circumstances involving his or her bad faith, gross negligence or willful misconduct, or for any act or failure to act hereunder by any other member or employee or by any agent to whom duties in connection with the
administration of the Plan have been delegated. 
 4.8 INDEMNIFICATION. The Company shall indemnify members of the Committee and
any agent of the Committee who is an employee of the Company, against any and all liabilities or expenses to which they may be subjected by reason of any act or failure to act with respect to their duties on behalf of the Plan, except in
circumstances involving such person’s bad faith, gross negligence or willful misconduct. 
 5.0 SHARES SUBJECT TO PLAN 
 5.1 AVAILABLE SHARES. The aggregate number of shares of Common Stock which shall be available for grants or payments of Awards under the Plan
during its term shall be 38,261,580 shares. Such share reserve includes a share increase of 761,580 shares authorized by the Board on April 12, 2006, subject to stockholder approval at the 2006 Annual Meeting. The shares of Common Stock
available for issuance under the Plan may be either authorized but unissued shares, shares of issued stock held in the Company’s treasury, or both, at the discretion of the Company, and subject to any adjustments made in accordance with
Section 5.2 below. Any shares of Common Stock underlying Awards which terminate by expiration, forfeiture, cancellation or otherwise without the issuance of such shares shall again be available for grants of Awards under the Plan. Awards that
are payable only in cash are not subject to this Section 5.1. 
 5.2 ADJUSTMENT TO SHARES. If there is any change in the
Common Stock of the Company, through merger, consolidation, reorganization, recapitalization, stock dividend, stock split, reverse stock split, split-up, split-off, spin-off, combination of shares, exchange of shares, dividend in kind or other like
change in capital structure or distribution (other than normal cash dividends) to stockholders of the Company, an adjustment shall be made to each outstanding Award so that each such Award shall thereafter be with respect to or exercisable for such
securities, cash and/or other property as would have been received in respect of the Common Stock subject to such Award had such Award been paid, distributed or 

 exercised in full immediately prior to such change or distribution. Such adjustment shall be made successively each time
any such change shall occur. In addition, in the event of any such change or distribution, in order to prevent dilution or enlargement of Participants’ rights under the Plan, the Committee shall have the authority to adjust, in an equitable
manner, the maximum number and kind of shares that may be issued under the Plan, the maximum number and kind of shares for which Awards measured in shares of Common Stock may be made to any one Participant over the term of the Plan, the number and
kind of shares subject to outstanding Awards, the exercise price applicable to outstanding Stock Options, and the Fair Market Value of the Common Stock and other value determinations applicable to outstanding Awards. Appropriate adjustments may also
be made by the Committee in the terms of any Awards granted under the Plan to reflect such changes or distributions and to modify any other terms of outstanding Awards on an equitable basis, including modifications of performance goals and changes
in the length of performance periods; provided, however, that with respect to Performance-Based Awards, such modifications and/or changes do not disqualify the compensation attributable to such Awards as “performance-based compensation”
under Code Section 162(m). In addition, the Committee is authorized to make adjustments to the terms and conditions of, and the criteria included in, Awards in recognition of unusual or nonrecurring events affecting the Company or the financial
statements of the Company, or in response to changes in applicable laws, regulations, or accounting principles. Notwithstanding anything contained in the Plan, any adjustment with respect to an ISO due to a change or distribution described in this
Section 5.2 shall comply with the rules of Code Section 424(a), and in no event shall any adjustment be made which would render any ISO granted hereunder other than an incentive stock option for purposes of Code Section 422.

 6.0 MAXIMUM INDIVIDUAL AWARDS 
 6.1 MAXIMUM AGGREGATE NUMBER OF SHARES UNDERLYING STOCK-BASED AWARDS GRANTED UNDER THE PLAN TO ANY SINGLE PARTICIPANT. The maximum aggregate number of shares of Common Stock underlying all Awards measured in shares of Common
Stock (whether payable in Common Stock, cash or a combination of both) that may be granted to any single Participant during the life of the Plan shall be 9,000,000 shares, subject to adjustment as provided in Section 5.2 above. For purposes of
the preceding sentence, such Awards that are cancelled or repriced shall continue to be counted in determining such maximum aggregate number of shares of Common Stock that may be granted to any single Participant during the life of the Plan.

 6.2 MAXIMUM DOLLAR AMOUNT UNDERLYING CASH-BASED AWARDS GRANTED UNDER THE PLAN TO ANY SINGLE PARTICIPANT. The maximum dollar
amount that may be paid to any single Participant with respect to all Awards measured in cash (whether payable in Common Stock, cash or a combination of both) during the life of the Plan shall be $10,000,000. 
 7.0 STOCK OPTIONS 
 7.1 IN GENERAL.
The Committee may, in its sole discretion, grant Stock Options to Employees, Nonemployee Directors and Independent Contractors on or after the Effective Date. The Committee shall, in its sole discretion, determine the Employees, the Nonemployee
Directors and Independent Contractors who will receive Stock Options and the number of shares of Common Stock underlying each Stock Option. With respect to Employees who become Participants, the Committee may grant such Participants ISOs or
Nonqualified Stock Options or a combination of both. With respect to Nonemployee Directors and Independent Contractors who become Participants, the Committee may grant such Participants only Nonqualified Stock Options. Each Stock Option shall be
subject to such terms and conditions consistent with the Plan as the Committee may impose from time to time. In addition, each Stock Option shall be subject to the following terms and conditions set forth in Sections 7.2 through 7.8 below.

 7.2 EXERCISE PRICE. The Committee shall specify the exercise price of each Stock Option in the Award Agreement; provided,
however, that the exercise price of any ISO or Nonqualified Stock Option shall not be less than 100 percent of the Fair Market Value of the Common Stock on the date of grant. 
 7.3 TERM OF STOCK OPTION. The Committee shall specify the term of each Stock Option in the Award Agreement; provided, however, that
(i) no ISO shall be exercised after the 10th anniversary of the date of grant of such ISO and (ii) no Nonqualified Stock Option shall be exercised after the 10th 

 anniversary of the date of grant of such Nonqualified Stock Option. Each Stock Option shall terminate at such earlier
times and upon such conditions or circumstances as the Committee shall, in its sole discretion, set forth in the Award Agreement on the date of grant. 
 7.4 VESTING DATE. The Committee shall specify the Vesting Date with respect to each Stock Option in the Award Agreement. The Committee may grant Stock Options that are Vested, either in whole or in part,
on the date of grant. If the Committee fails to specify a Vesting Date in the Award Agreement, 25 percent of such Stock Option shall become exercisable on each of the first 4 anniversaries of the date of grant and shall remain exercisable following
such anniversary date until the Stock Option expires in accordance with its terms under the Award Agreement or under the terms of the Plan. The Vesting of a Stock Option may be subject to such other terms and conditions as shall be determined by the
Committee, including, without limitation, accelerating the Vesting if certain performance goals are achieved. 
 7.5 EXERCISE OF
STOCK OPTIONS. The Stock Option exercise price may be paid in cash or, in the sole discretion of the Committee, by the delivery of shares of Common Stock then owned by the Participant, by the withholding of shares of Common Stock for which a
Stock Option is exercisable, or by a combination of these methods. In the sole discretion of the Committee, payment may also be made by delivering a properly executed exercise notice to the Company together with a copy of irrevocable instructions to
a broker to deliver promptly to the Company the amount of sale or loan proceeds to pay the exercise price. To facilitate the foregoing, the Company may enter into agreements for coordinated procedures with one or more brokerage firms. The Committee
may prescribe any other method of paying the exercise price that it determines to be consistent with applicable law and the purpose of the Plan, including, without limitation, in lieu of the exercise of a Stock Option by delivery of shares of Common
Stock then owned by a Participant, providing the Company with a notarized statement attesting to the number of shares owned by the Participant, where upon verification by the Company, the Company would issue to the Participant only the number of
incremental shares to which the Participant is entitled upon exercise of the Stock Option. In determining which methods a Participant may utilize to pay the exercise price, the Committee may consider such factors as it determines are appropriate;
provided, however, that with respect to ISOs, all such discretionary determinations by the Committee shall be made at the time of grant and specified in the Award Agreement. 
 7.6 RESTRICTIONS RELATING TO ISOS. In addition to being subject to the terms and conditions of this Section 7, ISOs shall comply with
all other requirements under Code Section 422. Accordingly, ISOs may be granted only to Participants who are employees (as described in Treasury Regulation Section 1.421-7(h)) of the Company or of any “Parent Corporation” (as
defined in Code Section 424(e)) or of any “Subsidiary Corporation” (as defined in Code Section 424(f)) on the date of grant. The aggregate market value (determined as of the time the ISO is granted) of the Common Stock with
respect to which ISOs (under all option plans of the Company and of any Parent Corporation and of any Subsidiary Corporation) are exercisable for the first time by a Participant during any calendar year shall not exceed $100,000. For purposes of the
preceding sentence, ISOs shall be taken into account in the order in which they are granted. ISOs shall not be transferable by the Participant otherwise than by will or the laws of descent and distribution and shall be exercisable, during the
Participant’s lifetime, only by such Participant. The Committee shall not grant ISOs to any Employee who, at the time the ISO is granted, owns stock possessing (after the application of the attribution rules of Code Section 424(d)) more
than 10 percent of the total combined voting power of all classes of stock of the Company or of any Parent Corporation or of any Subsidiary Corporation unless the exercise price of the ISO is fixed at not less than 110 percent of the Fair Market
Value of the Common Stock on the date of grant and the exercise of such ISO is prohibited by its terms after the 5th anniversary of the ISO’s date of grant. In addition, no ISO shall be issued to a Participant in tandem with a Nonqualified
Stock Option issued to such Participant in accordance with Treasury Regulation Section 14a.422A-1, Q/A-39. 
 7.7 ADDITIONAL
TERMS AND CONDITIONS. The Committee may, by way of the Award Agreements or otherwise, establish such other terms, conditions, restrictions and/or limitations, if any, of any Stock Option, provided they are not inconsistent with the Plan,
including, without limitation, the requirement that the Participant not engage in competition with the Company. 

 7.8 CONVERSION STOCK OPTIONS. The Committee may, in its sole discretion, grant a Stock Option
to any holder of an option (hereinafter referred to as an “Original Option”) to purchase shares of the stock of any corporation: 
 (a) the stock or assets of which were acquired, directly or indirectly, by the Company or any Subsidiary, or 
 (b) which was merged with and into the Company or a Subsidiary, 
 so that the Original Option is converted into a
Stock Option (hereinafter referred to as a “Conversion Stock Option”); provided, however, that such Conversion Stock Option as of the date of its grant (the “Conversion Stock Option Grant Date”) shall have the same economic value
as the Original Option as of the Conversion Stock Option Grant Date. In addition, unless the Committee, in its sole discretion determines otherwise, a Conversion Stock Option which is converting an Original Option intended to qualify as an ISO shall
have the same terms and conditions as applicable to the Original Option in accordance with Code Section 424 and the Treasury Regulations thereunder so that the conversion (x) is treated as the issuance or assumption of a stock option under
Code Section 424(a) and (y) is not treated as a modification, extension or renewal of a stock option under Code Section 424(h). 
 8.0 SARS 
 8.1 IN GENERAL. The Committee may, in its sole discretion, grant SARs to Employees, Nonemployee
Directors, and/or Independent Contractors. An SAR is a right to receive a payment in cash, Common Stock or a combination of both, in an amount equal to the excess of (x) the Fair Market Value of the Common Stock, or other specified valuation,
of a specified number of shares of Common Stock on the date the SAR is exercised over (y) the Fair Market Value of the Common Stock, or other specified valuation (which shall be no less than the Fair Market Value of the Common Stock), of such
shares of Common Stock on the date the SAR is granted, all as determined by the Committee; provided, however, that if a SAR is granted retroactively in tandem with or in substitution for a Stock Option, the designated Fair Market Value of the Common
Stock in the Award Agreement may be the Fair Market Value of the Common Stock on the date such Stock Option was granted. Each SAR shall be subject to such terms and conditions, including, but not limited to, a provision that automatically converts a
SAR into a Stock Option on a conversion date specified at the time of grant, as the Committee shall impose from time to time in its sole discretion and subject to the terms of the Plan. 
 9.0 STOCK AWARDS AND STOCK UNITS 
 9.1 STOCK AWARDS. The Committee may, in its sole
discretion, grant Stock Awards to Employees, Nonemployee Directors, and/or Independent Contractors as additional compensation or in lieu of other compensation for services to the Company. A Stock Award shall consist of shares of Common Stock which
shall be subject to such terms and conditions as the Committee in its sole discretion determines appropriate including, without limitation, restrictions on the sale or other disposition of such shares, the Vesting Date with respect to such shares,
and the right of the Company to reacquire such shares for no consideration upon termination of the Participant’s employment within specified periods. The Committee may require the Participant to deliver a duly signed stock power, endorsed in
blank, relating to the Common Stock covered by such Stock Award and/or that the stock certificates evidencing such shares be held in custody or bear restrictive legends until the restrictions thereon shall have lapsed. With respect to the shares of
Common Stock subject to a Stock Award, the Participant shall have all of the rights of a holder of shares of Common Stock, including the right to receive dividends and to vote the shares, unless the Committee determines otherwise on the date of
grant. 
 9.2 STOCK UNITS. The Committee may, in its sole discretion, grant to Employees, Nonemployee Directors, and/or
Independent Contractor Stock Units as additional compensation or in lieu of other compensation for services to the Company. A Stock Unit is a hypothetical share of Common Stock represented by a notional account established and maintained (or caused
to be established or maintained) by the Company for such Participant who receives a grant of Stock Units. Stock Units shall be subject to such terms and conditions as the Committee, in its sole discretion, determines appropriate including, without
limitation, determinations of the Vesting Date with respect to such Stock Units and the criteria for the Vesting of such Stock Units. A Stock Unit granted by the Committee shall provide for payment in shares of 

 Common Stock at such time or times as the Award Agreement shall specify. The Committee shall determine whether a
Participant who has been granted a Stock Unit shall also be entitled to a Dividend Equivalent Right. 
 9.3 PAYOUT OF STOCK UNITS.
Subject to a Participant’s election to defer in accordance with Section 17.3 below, upon the Vesting of a Stock Unit, the shares of Common Stock representing the Stock Unit shall be distributed to the Participant, unless the Committee,
in its sole discretion, provides for the payment of the Stock Unit in cash (or partly in cash and partly in shares of Common Stock) equal to the value of the shares of Common Stock which would otherwise be distributed to the Participant. 

10.0 PERFORMANCE SHARES AND PERFORMANCE UNITS 
 10.1 PERFORMANCE SHARES. The Committee may, in its sole discretion, grant Performance Shares to Employees, Nonemployee Directors, and/or Independent Contractors as additional compensation or in lieu of other compensation for
services to the Company. A Performance Share shall consist of a share or shares of Common Stock which shall be subject to such terms and conditions as the Committee, in its sole discretion, determines appropriate including, without limitation,
determining the performance goal or goals which, depending on the extent to which such goals are met, will determine the number and/or value of the Performance Shares that will be paid out or distributed to the Participant who has been granted
Performance Shares. Performance goals may be based on, without limitation, Company-wide, divisional and/or individual performance, as the Committee, in its sole discretion, may determine, and may be based on the performance measures listed in
Section 12.3 below. 
 10.2 PERFORMANCE UNITS. The Committee may, in its sole discretion, grant to Employees, Nonemployee
Directors, and/or Independent Contractors Performance Units as additional compensation or in lieu of other compensation for services to the Company. A Performance Unit is a hypothetical share or shares of Common Stock represented by a notional
account which shall be established and maintained (or caused to be established or maintained) by the Company for such Participant who receives a grant of Performance Units. Performance Units shall be subject to such terms and conditions as the
Committee, in its sole discretion, determines appropriate including, without limitation, determining the performance goal or goals which, depending on the extent to which such goals are met, will determine the number and/or value of the Performance
Units that will be accrued with respect to the Participant who has been granted Performance Units. Performance goals may be based on, without limitation, Company-wide, divisional and/or individual performance, as the Committee, in its sole
discretion, may determine, and may be based on the performance measures listed in Section 12.3 below. 
 10.3 ADJUSTMENT OF
PERFORMANCE GOALS. With respect to those Performance Shares or Performance Units that are not intended to qualify as Performance-Based Awards (as described in Section 12 below), the Committee shall have the authority at any time to make
adjustments to performance goals for any outstanding Performance Shares or Performance Units which the Committee deems necessary or desirable unless at the time of establishment of the performance goals the Committee shall have precluded its
authority to make such adjustments. 
 10.4 PAYOUT OF PERFORMANCE SHARES OR PERFORMANCE UNITS. Subject to a Participant’s
election to defer in accordance with Section 17.3 below, upon the Vesting of a Performance Share or a Performance Unit, the shares of Common Stock representing the Performance Share or the Performance Unit shall be distributed to the
Participant, unless the Committee, in its sole discretion, provides for the payment of the Performance Share or a Performance Unit in cash (or partly in cash and partly in shares of Common Stock) equal to the value of the shares of Common Stock
which would otherwise be distributed to the Participant. 
 11.0 CASH AWARDS 
 11.1 IN GENERAL. The Committee may, in its sole discretion, grant Cash Awards to Employees, Nonemployee Directors, and/or Independent
Contractors as additional compensation or in lieu of other compensation for services to the Company. A Cash Award shall be subject to such terms and conditions as the Committee, in its sole discretion, determines appropriate including, without
limitation, determining the Vesting Date with respect to such Cash Award, the criteria for the Vesting of such Cash Award, and the right of the Company to require the Participant to repay the Cash Award (with or without interest) upon termination of
the Participant’s employment within specified periods. 

 12.0 PERFORMANCE-BASED AWARDS 
 12.1 IN GENERAL. The Committee, in its sole discretion, may designate Awards granted under the Plan as Performance-Based Awards (as defined below) if it determines that such compensation might not be tax
deductible by the Company due to the deduction limitation imposed by Code Section 162(m). Accordingly, an Award granted under the Plan may be granted in such a manner that the compensation attributable to such Award is intended by the Committee
to qualify as “performance-based compensation” (as such term is used in Code Section 162(m) and the Treasury Regulations thereunder) and thus be exempt from the deduction limitation imposed by Code Section 162(m)
(“Performance-Based Awards”). 
 12.2 QUALIFICATION OF PERFORMANCE-BASED AWARDS. Awards shall only qualify as
Performance-Based Awards under the Plan if: 
 (a) at the time of grant the Committee is comprised solely of two or
more “outside directors” (as such term is used in Code Section 162(m) and the Treasury Regulations thereunder); 
 (b) with respect to either the granting or Vesting of an Award (other than (i) a Nonqualified Stock Option or (ii) an SAR, which are granted with an exercise price at or above the Fair Market Value of the Common Stock on
the date of grant), such Award is subject to the achievement of a performance goal or goals based on one or more of the performance measures specified in Section 12.3 below; 
 (c) the Committee establishes in writing (i) the objective performance-based goals applicable to a given performance
period and (ii) the individual employees or class of employees to which such performance-based goals apply no later than 90 days after the commencement of such performance period (but in no event after 25 percent of such performance period has
elapsed); 
 (d) no compensation attributable to a Performance-Based Award will be paid to or otherwise received by a
Participant until the Committee certifies in writing that the performance goal or goals (and any other material terms) applicable to such performance period have been satisfied; 
 (e) after the establishment of a performance goal, the Committee shall not revise such performance goal (unless such revision will
not disqualify compensation attributable to the Award as “performance-based compensation” under Code Section 162(m)) or increase the amount of compensation payable with respect to such Award upon the attainment of such performance
goal; and 
 (f) no vesting requirements tied to the attainment of such performance goals may be waived with respect to
Performance-Based Awards, except in the event of a Change in Control or certain involuntary terminations of employment or service prior to the completion of the performance period. 
 12.3 PERFORMANCE MEASURES. The Committee may use the following performance measures (either individually or in any combination) to set
performance goals with respect to Awards intended to qualify as Performance-Based Awards: net sales; pretax income before allocation of corporate overhead and bonus; budget; cash flow; earnings per share; net income; division, group or corporate
financial goals; return on stockholders’ equity; return on assets; attainment of strategic and operational initiatives; appreciation in and/or maintenance of the price of the Common Stock or any other publicly-traded securities of the Company;
market share; gross profits; earnings before interest and taxes; earnings before interest, taxes, depreciation and amortization; earnings before interest, taxes, depreciation, amortization and stock-based compensation expense; economic value-added
models; comparisons with various stock market indices; increase in number of customers; and/or reductions in costs. The performance measures may, at the time they are established for one or more such Performance-Based Awards, be subject to
adjustment for one or more of the following items: extraordinary, unusual or non-recurring items of gain, loss or expense; items of gain, loss or expense related to (a) the disposal of a business or discontinued operations or (b) the
operations of any business acquired by the Company; accruals for reorganization and restructuring cost and expenses; and items of gain, loss or expense attributable to changes in tax laws and regulations, accounting principles or other applicable
laws or regulations. 

 12.4 STOCKHOLDER REAPPROVAL. As required by Treasury Regulation Section 1.162-27(e)(vi),
the material terms of performance goals as described in this Section 12 shall be disclosed to and reapproved by the Company’s stockholders no later than the first stockholder meeting that occurs in the 5th year following the year in which
the Company’s stockholders previously approved such performance goals. 
 13.0 CHANGE IN CONTROL 
 13.1 ACCELERATED VESTING. Notwithstanding any other provision of this Plan to the contrary, if there is a Change in Control of the Company,
the Committee, in its sole discretion, may take such actions as it deems appropriate with respect to outstanding Awards, including, without limitation, accelerating the Vesting Date and/or payout of such Awards; provided, however, that such action
shall not conflict with any provision contained in an Award Agreement unless such provision is amended in accordance with Section 16.3 below. 
 13.2 CASHOUT. The Committee, in its sole discretion, may determine that, upon the occurrence of a Change in Control of the Company, all or a portion of certain outstanding Awards shall terminate within a specified number of days
after notice to the holders, and each such holder shall receive an amount equal to the value of such Award on the date of the change in control, and with respect to each share of Common Stock subject to a Stock Option or SAR, an amount equal to the
excess of the Fair Market Value of such shares of Common Stock immediately prior to the occurrence of such change in control over the exercise price per share of such Stock Option or SAR. Such amount shall be payable in cash, in one or more kinds of
property (including the property, if any, payable in the transaction) or in a combination thereof, as the Committee, in its sole discretion, shall determine. 
 13.3 ASSUMPTION OR SUBSTITUTION OF AWARDS. Notwithstanding anything contained in the Plan to the contrary, the Committee may, in its sole discretion, provide that an Award may be assumed by any entity
which acquires control of the Company or may be substituted by a similar award under such entity’s compensation plans. 
 14.0 TERMINATION OF
EMPLOYMENT IF PARTICIPANT IS AN EMPLOYEE 
 14.1 TERMINATION OF EMPLOYMENT DUE TO DEATH OR DISABILITY. Subject to any written
agreement between the Company and a Participant, if a Participant’s employment is terminated due to death or Disability: 
 (a) all non-Vested portions of Awards held by the Participant on the date of the Participant’s death or the date of the termination of his or her employment, as the case may be, shall immediately be forfeited by such Participant
as of such date; and 
 (b) all Vested portions of Stock Options and SARs held by the Participant on the date of the
Participant’s death or the date of the termination of his or her employment, as the case may be, shall remain exercisable until the earlier of: 
 (i) the end of the 12-month period following the date of the Participant’s death or the date of the termination of his or her employment, as the case may be, or 
 (ii) the date the Stock Option or SAR would otherwise expire. 
 14.2 TERMINATION OF EMPLOYMENT FOR CAUSE. Subject to any written agreement between the Company and a Participant, if a Participant’s
employment is terminated by the Company for cause, all Awards held by a Participant on the date of the termination of his or her employment for cause, whether Vested or non-Vested, shall immediately be forfeited by such Participant as of such date.

 14.3 OTHER TERMINATIONS OF EMPLOYMENT. Subject to any written agreement between the Company and a Participant, if a
Participant’s employment is terminated for any reason other than for cause or other than due to death or Disability: 
 (a) all non-Vested portions of Awards held by the Participant on the date of the termination of his or her employment shall immediately be forfeited by such Participant as of such date; and 
 (b) all Vested portions of Stock Options and/or SARs held by the Participant on the date of the termination of his or her
employment shall remain exercisable until the earlier of (i) the end of the 90-day period following the date of the termination of the Participant’s employment or (ii) the date the Stock Option or SAR would otherwise expire.

 14.4 COMMITTEE DISCRETION. Notwithstanding anything contained in the Plan to the contrary,
the Committee may, in its sole discretion, provide that: 
 (a) any or all non-Vested portions of Stock Options and/or
SARs held by the Participant on the date of the Participant’s death and/or the date of the termination of his or her employment shall immediately become exercisable as of such date and, except with respect to ISOs, shall remain exercisable
until a date that occurs on or prior to the date the Stock Option or SAR is scheduled to expire; 
 (b) any or all
Vested portions of Nonqualified Stock Options and/or SARs held by the Participant on the date of the Participant’s death and/or the date of the termination of his or her employment shall remain exercisable until a date that occurs on or prior
to the date the Stock Option or SAR is scheduled to expire; and/or 
 (c) any or all non-Vested portions of Stock
Awards, Stock Units, Performance Shares, Performance Units, and/or Cash Awards held by the Participant on the date of the Participant’s death and/or the date of the termination of his or her employment shall immediately Vest or shall become
Vested on a date that occurs on or prior to the date the Award is scheduled to vest; provided, however, that the Committee shall not exercise such discretion with respect to any Performance-Based Award if and to the extent the provision for such
accelerated vesting would otherwise disqualify the compensation attributable to that Award as “performance-based compensation” under Code Section 162(m). 
 14.5 ISOS. Notwithstanding anything contained in the Plan to the contrary, (i) the provisions contained in this Section 14 shall be applied to an ISO only if the application of such provision
maintains the treatment of such ISO as an ISO and (ii) the exercise period of an ISO in the event of a termination of the Participant’s employment due to Disability provided in Section 14.1 above shall be applied only if the
Participant is “permanently and totally disabled” (as such term is defined in Code Section 22(e)(3)). 
 15.0 TAXES 
 15.1 WITHHOLDING TAXES. With respect to Employees, the Company, or the applicable Subsidiary, may require a Participant who has become vested
in his or her Stock Award, Stock Unit, Performance Share or Performance Unit granted hereunder, or who exercises a Stock Option or SAR granted hereunder to reimburse the corporation which employs such Participant for any taxes required by any
governmental regulatory authority to be withheld or otherwise deducted and paid by such corporation or entity in respect of the issuance or disposition of such shares or the payment of any amounts. In lieu thereof, the corporation or entity which
employs such Participant shall have the right to withhold the amount of such taxes from any other sums due or to become due from such corporation or entity to the Participant upon such terms and conditions as the Committee shall prescribe. The
corporation or entity that employs such Participant may, in its discretion, hold the stock certificate to which such Participant is entitled upon the vesting of a Stock Award, Stock Unit, Performance Share or Performance Unit or the exercise of a
Stock Option or SAR as security for the payment of such withholding tax liability, until cash sufficient to pay that liability has been accumulated. 
 15.2 USE OF COMMON STOCK TO SATISFY WITHHOLDING OBLIGATION. With respect to Employees, at any time that the Company, Subsidiary or other entity that employs such Participant becomes subject to a
withholding obligation under applicable law with respect to the vesting of a Stock Award, Stock Unit, Performance Share or Performance Unit or the exercise of a Nonqualified Stock Option (the “Tax Date”), except as set forth below, a
holder of such Award may elect to satisfy, in whole or in part, the holder’s related personal tax liabilities (an “Election”) by (i) directing the Company, Subsidiary or other entity that employs such Participant to withhold from
shares issuable in connection with such vesting or exercise either a specified number of shares or shares of Common Stock having a specified value (in each case limited to the related minimum statutory personal withholding tax liabilities with
respect to the applicable taxing jurisdiction so as to preclude any “liability” accounting treatment for the Award pursuant to the Statement of Financial Accounting Standards No. 123(R), (ii) tendering shares of 

 Common Stock previously issued pursuant to the exercise of a Stock Option or other shares of the Common Stock owned by
the holder, or (iii) combining any or all of the foregoing Elections in any fashion. An Election shall be irrevocable. The withheld shares and other shares of Common Stock tendered in payment shall be valued at their Fair Market Value of the
Common Stock on the Tax Date. The Committee may disapprove of any Election, suspend or terminate the right to make Elections or provide that the right to make Elections shall not apply to particular shares or exercises. The Committee may impose any
additional conditions or restrictions on the right to make an Election as it shall deem appropriate, including conditions or restrictions with respect to Section 16 of the Exchange Act. 
 15.3 NO GUARANTEE OF TAX CONSEQUENCES. No person connected with the Plan in any capacity, including, but not limited to, the Company and any
Subsidiary and their directors, officers, agents and employees makes any representation, commitment, or guarantee that any tax treatment, including, but not limited to, federal, state and local income, estate and gift tax treatment, will be
applicable with respect to amounts deferred under the Plan, or paid to or for the benefit of a Participant under the Plan, or that such tax treatment will apply to or be available to a Participant on account of participation in the Plan. 

16.0 AMENDMENT AND TERMINATION 
 16.1 TERMINATION OF PLAN. The Board may suspend or terminate the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.1 shall reduce the amount of any outstanding
Award or change the terms and conditions thereof without the Participant’s consent. 
 16.2 AMENDMENT OF PLAN. The Board may
amend the Plan at any time with or without prior notice; provided, however, that no action authorized by this Section 16.2 shall reduce the amount of any outstanding Award or change the terms and conditions thereof without the
Participant’s consent. No amendment of the Plan shall, without the approval of the stockholders of the Company: 
 (a)
increase the total number of shares which may be issued under the Plan; 
 (b) increase the maximum number of
shares with respect to all Awards measured in Common Stock that may be granted to any individual under the Plan; 
 (c)
increase the maximum dollar amount that may be paid with respect to all Awards measured in cash; or 
 (d) modify
the requirements as to eligibility for Awards under the Plan. 
 In addition, the Plan shall not be amended without the approval of such amendment by the
Company’s stockholders if such amendment is (i) required under the rules and regulations of the stock exchange or national market system on which the Common Stock is listed or (ii) otherwise considered material in the reasonable
judgment of the Committee. 
 16.3 AMENDMENT OR CANCELLATION OF AWARD AGREEMENTS. The Committee may amend or modify any Award
Agreement at any time by mutual agreement between the Committee and the Participant or such other persons as may then have an interest therein. In addition, by mutual agreement between the Committee and a Participant or such other persons as may
then have an interest therein, Awards may be granted to an Employee, Nonemployee Director or Independent Contractor in substitution and exchange for, and in cancellation of, any Awards previously granted to such Employee, Nonemployee Director or
Independent Contractor under the Plan, or any award previously granted to such Employee, Nonemployee Director or Independent Contractor under any other present or future plan of the Company or any present or future plan of an entity which
(i) is purchased by the Company, (ii) purchases the Company, or (iii) merges into or with the Company. 
 17.0 MISCELLANEOUS

 17.1 OTHER PROVISIONS. Awards granted under the Plan may also be subject to such other provisions (whether or not
applicable to the Award granted to any other Participant) as the Committee determines on the date of grant to be appropriate, including, without limitation, for the installment purchase of Common Stock under Stock Options, to assist the Participant
in financing the acquisition of Common Stock, for the forfeiture of, or restrictions on resale or other disposition of, Common Stock acquired under 

 any Stock Option, for the acceleration of Vesting of Awards in the event of a change in control of the Company, for the
payment of the value of Awards to Participants in the event of a change in control of the Company, or to comply with federal and state securities laws, or understandings or conditions as to the Participant’s employment in addition to those
specifically provided for under the Plan. 
 17.2 TRANSFERABILITY. Each Award granted under the Plan to a Participant shall not
be transferable otherwise than by will or the laws of descent and distribution, and Stock Options and SARs shall be exercisable, during the Participant’s lifetime, only by the Participant. In the event of the death of a Participant, each Stock
Option or SAR theretofore granted to him or her shall be exercisable during such period after his or her death as the Committee shall, in its sole discretion, set forth in the Award Agreement on the date of grant and then only by the executor or
administrator of the estate of the deceased Participant or the person or persons to whom the deceased Participant’s rights under the Stock Option or SAR shall pass by will or the laws of descent and distribution. Notwithstanding the foregoing,
the Committee, in its sole discretion, may permit the transferability of a Stock Option (other than an ISO) by a Participant solely to members of the Participant’s immediate family or trusts or family partnerships or other similar entities for
the benefit of such persons, and subject to such terms, conditions, restrictions and/or limitations, if any, as the Committee may establish and include in the Award Agreement. 
 17.3 ELECTION TO DEFER COMPENSATION ATTRIBUTABLE TO AWARD. The Committee may, in its sole discretion, allow a Participant to elect to defer
the receipt of any compensation attributable to an Award under guidelines and procedures to be established by the Committee after taking into account the advice of the Company’s tax counsel. 
 17.4 LISTING OF SHARES AND RELATED MATTERS. If at any time the Committee shall determine that the listing, registration or qualification of
the shares of Common Stock subject to any Award on any securities exchange or under any applicable law, or the consent or approval of any governmental regulatory authority, is necessary or desirable as a condition of, or in connection with, the
granting of an Award or the issuance of shares of Common Stock thereunder, such Award may not be exercised, distributed or paid out, as the case may be, in whole or in part, unless such listing, registration, qualification, consent or approval shall
have been effected or obtained free of any conditions not acceptable to the Committee. 
 17.5 NO RIGHT, TITLE, OR INTEREST IN
COMPANY ASSETS. Participants shall have no right, title, or interest whatsoever in or to any investments which the Company may make to aid it in meeting its obligations under the Plan. Nothing contained in the Plan, and no action taken pursuant
to its provisions, shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal representative or any other person. To the extent that any person acquires a right
to receive payments from the Company under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company. All payments to be made hereunder shall be paid from the general funds of the Company and no special
or separate fund shall be established and no segregation of assets shall be made to assure payment of such amounts except as expressly set forth in the Plan. The Plan is not intended to be subject to the Employee Retirement Income Security Act of
1974, as amended. 
 17.6 NO RIGHT TO CONTINUED EMPLOYMENT OR SERVICE OR TO GRANTS. The Participant’s rights, if any, to
continue to serve the Company as a director, officer, employee, independent contractor or otherwise, shall not be enlarged or otherwise affected by his or her designation as a Participant under the Plan, and the Company or the applicable Subsidiary
reserves the right to terminate the employment of any Employee or the services of any Independent Contractor or director at any time. The adoption of the Plan shall not be deemed to give any Employee, Nonemployee Director, Independent Contractor or
any other individual any right to be selected as a Participant or to be granted an Award. 
 17.7 AWARDS SUBJECT TO FOREIGN LAWS.
The Committee may grant Awards to individual Participants who are subject to the tax laws of nations other than the United States, and such Awards may have terms and conditions as determined by the Committee as necessary to comply with
applicable foreign laws. The Committee may take any action which it deems advisable to obtain approval of such Awards by the appropriate foreign governmental entity; provided, however, that no such Awards may be granted pursuant to this
Section 16.6 and no action may be taken which would result in a violation of the Exchange Act or any other applicable law. 

 17.8 GOVERNING LAW. The Plan, all Awards granted hereunder, and all actions taken in
connection herewith shall be governed by and construed in accordance with the laws of the State of Delaware without reference to principles of conflict of laws, except as superseded by applicable federal law. 
 17.9 OTHER BENEFITS. No Award granted under the Plan shall be considered compensation for purposes of computing benefits under any retirement
plan of the Company or any Subsidiary nor affect any benefits or compensation under any other benefit or compensation plan of the Company or any Subsidiary now or subsequently in effect. 
 17.10 NO FRACTIONAL SHARES. No fractional shares of Common Stock shall be issued or delivered pursuant to the Plan or any Award. The
Committee shall determine whether cash, Common Stock, Stock Options, or other property shall be issued or paid in lieu of fractional shares or whether such fractional shares or any rights thereto shall be forfeited or otherwise eliminated.

 17.11 PROHIBITION ON REPRICING OF OPTIONS. Notwithstanding anything in the Plan to the contrary, the Committee may not,
without the consent of the Company’s stockholders, reprice any outstanding Award; provided, however, that stock splits, stock dividends and similar events as set forth in Section 5.2 herein shall not be deemed to be a repricing hereunder.

 17.12 MINIMUM VESTING PERIODS. Except as set forth in Section 14 herein and notwithstanding any other provision set forth
in the Plan to the contrary, (a) any Award (other than a Stock Option or SAR) that is not subject to performance criteria shall Vest over a service period of at least three years, with such vesting to occur in equal installments over such three
year period, and (b) any Award (other than a Stock Option or SAR) that is subject to performance criteria shall Vest over a performance period of at least 12 months in one or more installments over that period.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]