Document:

EXHIBIT 10.6

    

    

    

    

    

    

    CUSTODIAN AGREEMENT

        

        

        

        

        

        among

        

        

        

        

        

        EXETER FINANCE LLC,

        as Custodian,

        

        

        

        

        EXETER FINANCE LLC,

        as Servicer,

        

        

        

        and

        

        

        

        

        

        [INDENTURE TRUSTEE]

        as Indenture Trustee

        

        

        

        

        Dated as of [_____], 20[__]

    

    

    
      
        

    

    THIS CUSTODIAN AGREEMENT, dated as of [_____], 20[__], is made with respect to the issuance of Notes and
        Certificates by Exeter Automobile Receivables Trust 20[__]-[__] (the “Issuer”), and is among EXETER FINANCE LLC, as custodian (in such capacity, the “Custodian”), EXETER FINANCE LLC, as servicer (in such capacity, the “Servicer”), and [INDENTURE
        TRUSTEE], a [______], as indenture trustee (in such capacity, the “Indenture Trustee”).  Capitalized terms used herein which are not defined herein shall have the meanings
        set forth in the Sale and Servicing Agreement (as hereinafter defined).

    W I T N E S S E T H:

    WHEREAS, Exeter Finance LLC (“Exeter”)
        and EFCAR, LLC (“EFCAR”) have entered into a Purchase Agreement dated as of [_____], 20[__] (the “Purchase
            Agreement”), pursuant to which Exeter has sold, transferred and assigned to EFCAR all of Exeter’s right, title and interest in and to certain of the [Initial] Receivables and certain [Initial] Other Conveyed Property [and will sell,
        transfer and assign to EFCAR on the applicable Subsequent Transfer Date all of its right, title and interest in and to the related Subsequent Receivables and certain Subsequent Other Conveyed Property];

    [WHEREAS, [ENTITY NAME] (“[ENTITY NAME]”),
        Exeter and EFCAR have entered into a Sale Agreement dated as of [_____], 20[__] (the “Sale Agreement”), pursuant to which [ENTITY NAME] has sold, transferred and assigned
        to EFCAR all of [ENTITY NAME]’s right, title and interest in and to certain of the Receivables;]

    WHEREAS, the Issuer, the Servicer, EFCAR, Exeter Holdings Trust 20[__]-[__] (the “Holding Trust”) and the Indenture Trustee [and Backup Servicer], have entered into a Sale and Servicing Agreement, dated as of [_____], 20[__] (the “Sale and Servicing Agreement”), pursuant to which EFCAR has sold, transferred and assigned to the Issuer all of EFCAR’s right, title and interest in and to the [Initial] Receivables and certain [Initial] Other Conveyed
        Property [and will sell, transfer and assign to the Issuer on the applicable Subsequent Transfer Date all of EFCAR’s right, title and interest in and to the related Subsequent Receivables and certain Subsequent Other Conveyed Property];

    WHEREAS, the Issuer, the Holding Trust and the Indenture Trustee have entered into an Indenture dated as of
        [_____], 20[__] (the “Indenture”), pursuant to which (a) the Issuer has pledged to the Indenture Trustee for the benefit of the Noteholders, all of the Issuer’s right,
        title and interest in and to the Holding Trust Certificate and (b) the Holding Trust has pledged to the Indenture Trustee for the benefit of the Noteholders, all of the Holding Trust’s right, title and interest in and to the Receivables; and

    WHEREAS, the Indenture Trustee wishes to hereby appoint the Custodian to hold the Receivable Files as the custodian
        on behalf of the Holding Trust and the Indenture Trustee;

    NOW, THEREFORE, in consideration of the mutual agreements herein contained and other good and valuable
        consideration the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:

    1.        Appointment of Custodian;
            Acknowledgement of Receipt.  Subject to the terms and conditions hereof, the Indenture Trustee hereby revocably appoints the Custodian, but shall not be

    
      
        

    

    
    

    

    responsible for the acts or omissions of the Custodian, and the Custodian hereby accepts such appointment, as custodian and bailee on
        behalf of the Holding Trust and the Indenture Trustee, to maintain exclusive custody of the Receivable Files relating to Receivables from time to time pledged to the Indenture Trustee as part of the Collateral.  In performing its duties hereunder,
        the Custodian agrees to act with reasonable care, using that degree of skill and attention that a commercial bank acting in the capacity of a custodian would exercise with respect to files relating to comparable automotive or other receivables that
        it services or holds for others (the “Standard of Care”).  The Custodian hereby, as of the Closing Date [and with respect to any Subsequent Receivables as of the
        applicable Subsequent Transfer Date], acknowledges receipt of the Receivable File for each Receivable listed in the Schedule of Receivables attached as Schedule A to the Sale and Servicing Agreement [or the related Subsequent Transfer Agreement, as
        applicable] subject to any exceptions noted on the Custodian’s Acknowledgement (as defined below).  As evidence of its acknowledgement of such receipt of such Receivables, the Custodian shall execute and deliver on the Closing Date [and with
        respect to any Subsequent Receivables, the applicable Subsequent Transfer Date,] the Custodian’s Acknowledgement attached hereto as Exhibit A (the “Custodian’s Acknowledgement”).

    2.        Maintenance of Receivables Files at
            Office.  The Custodian agrees to maintain the Receivable Files at the offices of one or more of its agents or sub-custodians within the United States as shall from time to time be identified to the Indenture Trustee and the Custodian
        will hold the Receivable Files in such offices on behalf of the Issuer and the Indenture Trustee clearly identified on its records as being separate from any other instruments and files, including other instruments and files held by the Custodian
        and in compliance with Section 3(a) hereof.

    3.        Duties of Custodian.

    (a)        Safekeeping.  The
        Custodian shall hold the Receivable Files on behalf of the Indenture Trustee clearly identified on its records as being separate from all other instruments and files maintained by the Custodian at the same location and shall maintain such accurate
        and complete accounts, records and computer systems pertaining to each Receivable File as will enable the Indenture Trustee to comply with the terms and conditions of the Sale and Servicing Agreement.  Each Receivable shall be identified on the
        books and records of the Custodian in a manner that (i) is consistent with the practices of a commercial bank acting in the capacity of custodian with respect to similar receivables, (ii) indicates that such Receivables are held by the Custodian on
        behalf of the Indenture Trustee and (iii) is otherwise necessary, as reasonably determined by the Custodian, to comply with the terms of this Custodian Agreement.  The Custodian shall carry out such policies and procedures in accordance with its
        customary actions for third parties with respect to the handling and custody of the Receivable Files so that the integrity and physical possession of the Receivable Files will be maintained.  The Custodian shall promptly report to the Indenture
        Trustee and the Servicer any failure on its part to hold the Receivable Files and maintain its accounts, records and computer systems as herein provided and promptly take appropriate action to remedy any such failure.  Upon reasonable request of
        the Indenture Trustee, the Custodian shall make copies or other electronic file records (e.g. diskettes, CD’s, etc.) (the “Copies”) of the Receivable Files and shall
        deliver such Copies to the Indenture Trustee and the Indenture Trustee shall hold such Copies on behalf of the Noteholders.  The initial Servicer shall pay for all costs and expenses relating to the Copies.  Subject to Section 3(c) hereof, the
        Custodian shall, or shall cause any sub-custodian to, at all times (i) maintain the original of the

    
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    fully executed original retail installment sales contract or promissory note and (ii) maintain the original of the Lien Certificate or
        application therefore (if no such Lien Certificate has yet been issued), in each case relating to each Receivable in a fire resistant vault; provided, however, the Lien Certificate may be maintained electronically by the Registrar of Titles of the applicable state pursuant to applicable state laws, with confirmation thereof
        maintained by the Custodian or a third party service provider.

    (b)        Access to Records.  The
        Custodian shall, subject to the Custodian’s security requirements applicable to its own employees having access to similar records held by the Custodian, which requirements shall be consistent with the practices of a commercial bank acting in the
        capacity of custodian with respect to similar files or records, and at such times as may be reasonably imposed by the Custodian, permit only the Noteholders and the Indenture Trustee or their duly authorized representatives, attorneys or auditors
        to inspect, at the Servicer’s expense, the Receivable Files and the related accounts, records, and computer systems maintained by the Custodian pursuant hereto at such times as the Noteholders or the Indenture Trustee may reasonably request.

    (c)        Release of Documents. 
        Consistent with the practices of a commercial bank acting in the capacity of custodian with respect to similar files or records, the Custodian may release any Receivable in the Receivable Files to the Servicer, if appropriate, under the
        circumstances provided in Section 3.3(b) of the Sale and Servicing Agreement and upon receipt from the Servicer of a written request for release of documents substantially in the form attached hereto as Exhibit B, provided, that, for so long as Exeter is the Servicer, no such written request for release of documents in the form attached hereto as Exhibit B will be required to be delivered.

    (d)        Administration; Reports. 
        The Custodian shall assist the Indenture Trustee generally in the preparation of any routine reports to Noteholders or to regulatory bodies, if any, to the extent necessitated by the Custodian’s custody of the Receivable Files.

    (e)        Review of Lien Certificates. 
        On or before the Closing Date, [and on or before the applicable Subsequent Transfer Date in the case of any Subsequent Receivables] the Custodian shall deliver to the Indenture Trustee and the Servicer a listing in the form attached hereto as
        Schedule II of Exhibit A, of all Receivables with respect to which a Lien Certificate, showing Exeter as secured party, was not included in the related Receivable File as of such date. In addition, the Custodian shall deliver to the Indenture
        Trustee and the Servicer an exception report in the form attached hereto as Schedule I of Exhibit A, (i) on the last Business Day of the calendar month during which the [__] day after the Closing Date [(or, with respect to Subsequent Receivables,
        the [__] day after the applicable Subsequent Transfer Date)] occurred, (ii) on the last Business Day of the calendar month during which the [__] day after the Closing Date [(or, with respect to Subsequent Receivables, the [__] day after the
        applicable Subsequent Transfer Date)] occurred and (iii) on the last Business Day of the calendar month during which the [__] day after the Closing Date [(or, with respect to Subsequent Receivables, the [__] day after the applicable Subsequent
        Transfer Date)] occurred.

    (f)        Matters Relating to Electronic
            Chattel Paper.  The Custodian shall maintain, for the benefit of the Indenture Trustee, “control” (within the meaning of Section 9-105 of the applicable UCC) of the authoritative copy of each Contract that constitutes or evidences a

    
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    Receivable which is electronic chattel paper.  The Custodian will confirm or cause to be confirmed that the authoritative copy of each
        Contract that constitutes or evidences a Receivable which is electronic chattel paper does not have any marks or notations indicating it has been pledged, assigned or otherwise conveyed to any Person other than the Custodian.  The Custodian will
        confirm or cause to be confirmed that each Receivable which is electronic chattel paper has been established in a manner such that (i) all copies or revisions that add or change an identified assignee of the authoritative copy of each Contract that
        constitutes or evidences the Receivable must be made with the participation of the Custodian on behalf of the Indenture Trustee and (ii) all revisions of the authoritative copy of each Contract that constitutes or evidences the Receivables must be
        readily identifiable as an authorized or unauthorized revision.  Upon any appointment of a successor Servicer under the Sale and Servicing Agreement, the Custodian shall take all necessary action to transfer all of its control of any Receivables
        consisting of electronic chattel paper to a designated agent of the Indenture Trustee on behalf of the Noteholders, or as the Indenture Trustee may direct the Custodian (including the transfer of such electronic chattel paper to a separate
        electronic vault at each econtracting facilitator controlled by the Indenture Trustee or to a separate electronic vault at the Indenture Trustee or export of the electronic chattel paper from the applicable electronic vault and delivery of physical
        copies of exported Contracts to the Indenture Trustee), and the Indenture Trustee, or its agent, as the case may be, shall act as Custodian for such Receivables Files on behalf of the Noteholders and shall be subject to all the rights, indemnities,
        duties and liabilities placed on the Custodian by the terms of this Agreement until such time as a successor custodian has been appointed.

    4.        Instructions; Authority to Act. 
        The Custodian shall be deemed to have received proper instructions with respect to the Receivable Files upon its receipt of written instructions signed by a Responsible Officer of the Indenture Trustee or from the Servicer.  Such instructions may
        be general or specific in terms.  A copy of any such instructions shall be furnished by the Indenture Trustee or the Servicer to the Holding Trust.

    5.        Custodian Fee.  For its
        services under this Agreement, the Custodian shall be entitled to receive fees, expenses and indemnities, to be paid by the initial Servicer and otherwise pursuant to Section 5.7(a) of the Sale and Servicing Agreement or Section 5.6 of the
        Indenture, as applicable, in an amount equal to the aggregate fees and expenses paid by the Custodian to each sub-custodian.

    6.        Indemnification.

    (a)        The Custodian agrees to indemnify the Indenture Trustee for any and all liabilities, obligations,
        losses, damage, payments, costs or expenses of any kind whatsoever (including the fees and expenses of counsel) that may be imposed on, incurred or asserted against the Indenture Trustee and its officers, directors, employees, agents, attorneys and
        successors and assigns as the result of any act or omission in any way relating to the maintenance and custody by the Custodian of the Receivable Files in violation of the Standard of Care; provided, however, that the Custodian shall not be liable for any portion of any such liabilities, obligations, losses, damages, payments or
        costs or expenses due to the willful misconduct, bad faith or gross negligence of the Indenture Trustee or its officers, directors, employees and agents thereof.  In no event shall the Custodian be liable to any third party for acts or omissions of
        the Custodian.  This

    
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    section shall survive the resignation or removal of any party, and the termination or assignment of this Agreement.

    (b)        In the event Exeter is not the Custodian, the Servicer agrees to indemnify and hold harmless the
        Custodian against any and all claims, losses, liabilities, damages or expenses (including reasonable fees and expenses of outside counsel, which shall include any reasonable fees and expenses of outside counsel incurred in connection with (i) any
        enforcement of the indemnification obligation hereunder or (ii) the successful defense, in whole or in part, of any claim that the Custodian breached its Standard of Care) arising out of or in connection with this Agreement that may be imposed
        upon, incurred by or asserted against the Custodian; provided that this Section 6(b) shall not relieve the Custodian from liability for its willful misconduct, bad faith or gross negligence. This section shall survive the resignation or removal of
        any party, and the termination or assignment of this Agreement.

    7.        Limitation of Liability.

    (a)        In connection with the Custodian’s timely performance of its obligations and duties hereunder, the
        Custodian shall not be liable to any person for any loss, claim, damage, liability or expense resulting from or arising out of any act or failure to act by it, other than for any loss, claim, damage, liability or expense arising out of the
        Custodian’s willful misconduct, gross negligence or bad faith.  The obligations of the Custodian shall be determined solely by the express provision of this Agreement.

    (b)        Except as specifically set forth herein, the Custodian shall be under no duty or obligation to inspect,
        review or examine the [Initial] Receivables [or Subsequent Receivables] or Receivable Files to determine the contents thereof or that such contents are genuine, enforceable or appropriate for the represented purpose or that they are other than what
        they purport to be on their face.

    (c)        The Custodian may rely, and shall be protected in acting or refraining from acting, in each case, in
        accordance with the terms of this Custodian Agreement, and need not verify the accuracy of, (i) any written instructions from any persons the Custodian reasonably believes to be authorized to give such instructions and who shall only be persons the
        Custodian believes in good faith to be authorized representatives, and (ii) any written instruction, notice, order, request, direction, certificate, opinion or other instrument or document reasonably believed by the Custodian to be genuine and to
        have been signed and presented by the proper party or parties, which shall mean signature and presentation by authorized representatives whether such presentation is by personal delivery, express delivery or facsimile.

    (d)        The Custodian may consult with counsel with regard to legal questions arising out of or in connection
        with this Agreement, and the advice or opinion of such counsel shall be full and complete authorization and protection in respect of any action taken, omitted or suffered by the Custodian in reliance, in good faith, and in accordance therewith.

    (e)        The Custodian shall not be responsible or liable for, and makes no representation or warranty with
        respect to, the validity, adequacy or perfection of any lien upon,

    
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    or security interest in, any [Initial] Receivable [or Subsequent Receivable] or Receivable File purported to be granted at any time
        pursuant to the Indenture.

    (f)        Notwithstanding anything to the contrary herein, the Custodian shall not be liable for any delays in
        performance for causes beyond its control, including, but not limited to, fire, flood, epidemic, unusually severe weather, strike, acts of the Holding Trust or the Servicer, restriction by civil or military authority in their sovereign or
        contractual capacities, transportation failure, or inability to obtain labor.  In the event of any such delay, performance shall be extended for so long as such period of delay.

    (g)        The Custodian shall be under no responsibility or duty with respect to the disposition of any [Initial]
        Receivable [or Subsequent Receivable] or Receivable File while such [Initial] Receivable [or Subsequent Receivable] or Receivable File are not in its possession. If the Custodian shall reasonably request instructions from the Indenture Trustee with
        respect to any act, action or failure to act in connection with this Custodian Agreement, the Custodian shall be entitled to refrain from taking such action and continue to refrain from acting unless and until the Custodian shall have received
        written instructions from the Indenture Trustee, without incurring any liability therefor to the Indenture Trustee or any other person; provided that the Custodian shall at all times maintain custody of the Receivable Files delivered to it (except
        as otherwise required by this Custodian Agreement) and otherwise comply with its obligations thereunder.

    (h)        In no event shall each of the parties hereto or its directors, managers, affiliates, officers, agents,
        and employees be held liable for any special, indirect, punitive or consequential damages (including lost profits) resulting from any action taken or omitted to be taken by it or them hereunder.

    (i)        The Indenture Trustee shall not (i) have any duties or obligations hereunder except those expressly set
        forth herein or (ii) be subject to any fiduciary or other implied duties.

    (j)        No discretionary, permissive right, nor privilege of the Custodian shall be deemed or construed as a
        duty or obligation.

    (k)        The Custodian shall not be held responsible for the acts or omissions of the Seller, Servicer, Issuer,
        Holding Trust, Indenture Trustee, [Backup Servicer,] Owner Trustee, or any other party to the Basic Documents, and may assume performance of such parties absent written notice or actual knowledge of a Responsible Officer of the Custodian to the
        contrary.

    (l)        The Custodian shall not be charged with knowledge of any event or information, including any Default or
        Event of Default, unless a Responsible Officer of the Custodian has actual knowledge or receives written notice of such event or information.  Absent actual knowledge or receipt of written notice in accordance with this Section, the Custodian may
        conclusively assume that no such event has occurred.  The Custodian shall have no obligation to inquire into, or investigate as to, the occurrence of any such event (including any Default or Event of Default).  For purposes of determining the
        Custodian’s responsibility and liability hereunder, whenever reference is made in the Basic Documents to any event (including, but not limited to, an Event of Default), such reference shall be construed to refer only to such event of which the
        Custodian has received notice or has actual knowledge as described in this Section.  The

    
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    Custodian’s receipt or delivery of any reports or other information publicly available does not constitute actual or constructive
        knowledge or notice to the Custodian unless the Custodian has an obligation to review its content.  Knowledge of the Custodian shall not be attributed or imputed to Exeter’s other roles in the transaction, and knowledge of such other role shall not
        be attributed or imputed to each other or to the Custodian (in each case, other than instances where such roles are performed by the same group, department or division within Exeter) or any affiliate, line of business or other division of Exeter
        (and vice versa).

    (m)        In the absence of bad faith on its part, the Custodian may conclusively rely, as to the truth of the
        statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Custodian and conforming to the requirements of the Basic Documents.

    (n)        The Custodian may conclusively rely on any document believed by it to be genuine and to have been signed
        or presented by the proper person.  The Custodian is not responsible for any document provided to it, and it need not investigate or re-calculate, evaluate, verify or independently determine the accuracy of any report, certificate, information,
        statement, representation or warranty or any fact or matter stated in such document and may conclusively rely as to the truth of the statements and the correctness of the opinions expressed therein.

    (o)        Before the Custodian acts or refrains from acting, it may require an Officer’s Certificate or an Opinion
        of Counsel, the costs of which (including the Custodian’s reasonable attorney’s fees and expenses) shall be paid by the party requesting that the Custodian act or refrain from acting.  The Custodian shall not be liable for any action it takes or
        omits to take in good faith in reliance on an Officer’s Certificate or Opinion of Counsel unless the Custodian was negligent in such reliance.

    (p)        The Custodian shall not be liable for any action taken or error of judgment made in good faith by a
        Responsible Officer unless it is proved that the Custodian was negligent in ascertaining the pertinent facts.

    (q)        No provision of this Custodian Agreement shall require the Custodian to expend or risk its own funds or
        otherwise incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to believe that repayment of such funds or indemnity reasonably
        satisfactory to it against such risk or liability is not assured to it.

    (r)        The Custodian shall be under no obligation to institute, conduct or defend any litigation under this
        Custodian Agreement or in relation to this Custodian Agreement, at the request, order or direction of any Person, pursuant to the provisions of this Custodian Agreement, unless such Person shall have offered to the Custodian security or indemnity
        reasonably satisfactory to it against the costs, expenses and liabilities that may be incurred therein or thereby.

    (s)        Notwithstanding anything to the contrary in this Agreement or any other Basic Document, the Custodian
        shall not be required to take any action that is not in accordance with applicable laws.

    
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    (t)        Neither the Custodian nor any of its officers, directors, employees, attorneys or agents will be
        responsible or liable for the existence, genuineness, value or protection of any collateral securing the Notes, for the legality, enforceability, effectiveness or sufficiency of the Basic Documents for the creation, perfection, continuation,
        priority, sufficiency or protection of any of the liens, or for any defect or deficiency as to any such matters, or for monitoring the status of any lien or performance of the collateral.

    (u)        The Custodian shall have no responsibility for the enforceability of the Notes or the recitals contained
        in the Basic Documents.

    (v)        The Custodian shall have no duty to see to, or be responsible for the correctness or accuracy of, any
        recording, filing or depositing of the Indenture or any agreement referred to therein, or any financing statement or continuation statement evidencing a security interest, or to see to the maintenance of any such recording or filing or depositing
        or to any rerecording, refilling or re-depositing of any thereof.

    8.        Effective Period, Termination, and
            Amendment; Interpretive and Additional Provisions.  This Custodian Agreement shall become effective as of the date hereof and shall continue in full force and effect until terminated as hereinafter provided.  So long as Exeter is
        serving as Custodian, any resignation or termination of Exeter as Servicer under the Sale and Servicing Agreement shall automatically terminate Exeter as Custodian hereunder.  This Custodian Agreement may be amended at any time by mutual agreement
        of the parties hereto [with the prior written consent of the Backup Servicer], and may be terminated by any party by giving written notice to the other parties, such termination of this Custodian Agreement to take effect no sooner than thirty (30)
        days after the date of such notice.  Upon any termination or amendment of this Custodian Agreement, the Indenture Trustee, in the case of amendments, and the party seeking termination, in the case of terminations, shall give written notice to the
        Servicer, who shall deliver such notice to [_______] (“[___]”) and [______] (“[___]”) (collectively, the “Rating Agencies”).  As promptly as possible after the giving of,
        or receipt of, notice of termination of this Custodian Agreement or the automatic termination of Exeter as Custodian, the Custodian shall deliver the Receivable Files to the Indenture Trustee on behalf of the Noteholders and at the Servicer’s
        expense, at such place or places as the Indenture Trustee may designate, and the Indenture Trustee, or its agent, as the case may be, shall act as Custodian for such Receivables Files on behalf of the Noteholders and shall be subject to all the
        rights, indemnities, duties and liabilities placed on the Custodian by the terms of this Agreement until such time as a successor custodian has been appointed.  If, within [seventy-two (72) hours] after the termination of this Custodian Agreement,
        the Custodian has not delivered the Receivable Files in accordance with the preceding sentence, the Indenture Trustee may enter the premises of the Custodian and remove the Receivable Files from such premises.  In connection with the administration
        of this Agreement, the parties may agree from time to time upon the interpretation of the provisions of this Agreement as may in their joint opinion be consistent with the general tenor and purposes of this Agreement, any such interpretation to be
        signed by all parties and annexed hereto.  The Custodian’s costs and expenses related to any such amendment shall be paid by the Issuer pursuant to Section 5.7(a) of the Sale and Servicing Agreement or Section 5.6 of the Indenture, as applicable.

    
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    9.        Delegation of Duties.

    (a)        The Custodian may perform any of its duties through one or more sub-custodians without the consent of
        any Person, except as set forth in Section 9(d).  No such delegation will relieve the Custodian of its responsibilities with respect to such duties and the Custodian will remain primarily responsible with respect to such duties.  The Custodian will
        be responsible for the fees of any such sub-custodians.

    (b)        With respect to each Receivable, the Custodian has engaged or may engage (i) [_______] and [_______] to
        hold each Contract that constitutes or evidences a Receivable which is tangible chattel paper and any copy of the application of the Lien Certificate (when such Lien Certificate has not yet been received), and otherwise such documents, if any, that
        Exeter keeps on file in accordance with its customary procedures indicating that the Financed Vehicle is owned by the Obligor and subject to the interest of Exeter as first lienholder or secured party, (ii) [_______], [_______] and [_______] to
        hold each Lien Certificate (when received) and (iii) [_______] to hold each Contract that constitutes or evidences a Receivable which is electronic chattel paper.  As of the date hereof, each of [_______], [_______], [_______] and [_______] is
        acceptable to each Rating Agency as a sub-custodian of the Custodian.

    (c)        Upon termination of, or resignation by, [_______], [_______], [_______], [_______] or any other
        sub-custodian engaged by the Custodian, the Custodian shall provide written notice of such termination or resignation to each Rating Agency.

    (d)        As promptly as possible after the giving of, or receipt of, notice of termination of any sub-custodian
        engaged by the Custodian, the Custodian shall engage a replacement sub-custodian that is acceptable to each Rating Agency.  If a replacement sub-custodian has not been engaged prior to the effective termination of such sub-custodian, the Custodian
        shall deliver the Receivable Files to the Indenture Trustee on behalf of the Noteholders and at the Custodian’s expense, at such place or places as the Indenture Trustee may designate, and the Indenture Trustee, or its agent, as the case may be,
        shall act as custodian for such Receivables Files on behalf of the Noteholders until such time as a replacement sub-custodian has been engaged by the Custodian that is acceptable to each Rating Agency.

    10.        Governing Law; Jurisdiction. 
        THIS CUSTODIAN AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS THEREOF (OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS
        LAW).  EACH OF THE PARTIES HERETO AND THEIR ASSIGNEES AGREE TO THE NON-EXCLUSIVE JURISDICTION OF ANY FEDERAL COURT LOCATED WITHIN THE STATE OF NEW YORK.

    11.        Waiver of Jury Trial.  THE
        PARTIES HERETO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION BROUGHT ON OR WITH RESPECT TO THIS AGREEMENT OR ANY OTHER DOCUMENT OR INSTRUMENT EXECUTED IN CONNECTION HEREWITH OR THEREWITH.

    
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    12.        Notices.  All demands,
        notices and communications hereunder shall be in writing, electronically delivered or mailed, and shall be deemed to have been duly given upon receipt (a) in the case of the Custodian or the Servicer, to Exeter Finance LLC, 2101 W. John Carpenter
        Freeway, Irving, Texas 75063, Attention:  Chief Financial Officer, with a copy to Exeter Finance LLC, 2101 W. John Carpenter Freeway, Irving, Texas 75063, Attention:  Chief Legal Officer, (b) in the case of the Indenture Trustee, at the following
        address: [Address], Attention: [______], (c) in the case of [______], via electronic delivery to [______]; for any information not available in electronic format, hard copies should be sent to the following address: [Address], Attention: [_______],
        (d) in the case of [_______], at the following address: [Address] and (e) in the case of [ENTITY NAME], to [Address], Attention: [______], or at such other address as shall be designated by such party in a written notice to the other parties. 
        Where this Custodian Agreement provides for notice or delivery of documents to the Rating Agencies, failure to give such notice or deliver such documents shall not affect any other rights or obligations created hereunder.

    Copies of all demands, notices and communications provided to the Indenture Trustee, the Noteholders [or the Backup
        Servicer] pursuant to this Agreement shall be provided to the Certificateholders.

    13.        Binding Effect.  This
        Custodian Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.  Concurrently with the appointment of a successor indenture trustee under the Sale and Servicing Agreement,
        the parties hereto shall amend this Custodian Agreement to make said successor indenture trustee, the successor to the Indenture Trustee hereunder.

    14.        Patriot Act.  In the event
        Exeter is not the Custodian, the parties hereto acknowledge that in accordance with the Customer Identification Program (CIP) requirements under the U.S.A. Patriot Act and its implementing regulations, the Custodian, in order to help fight the
        funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship or opens an account with the Custodian.  Each party hereby agrees that it
        shall provide the Custodian with such information as the Custodian may reasonably request that will help the Custodian to identify and verify each party’s identity, including without limitation each party’s name, physical address, tax
        identification number, organizational documents, certificate of good standing, license to do business, or other pertinent identifying information.

    [Remainder of page intentionally left blank]

    
      10

      
        

    

    IN WITNESS WHEREOF, each of the parties hereto has caused this Custodian Agreement to be executed in its name and
        on its behalf by a duly authorized officer on the day and year first above written.

    	 	
            EXETER FINANCE LLC,

                as Custodian

            

              

              

            By:  _______________________________      

            Name:

            Title:

             

              

             

              

          
	 	
            [INDENTURE TRUSTEE], as Indenture Trustee

            

              

              

            By:  _______________________________      

            Name:

            Title:

             

             

            

          
	 	
            EXETER FINANCE LLC,

                as Servicer

             

              

             

              

            By: _______________________________       

            Name:

            Title:

          

    

    

    

    

    

    

    	
            CONFIRMED AND ACCEPTED BY:

                

              

          
	
            EXETER HOLDINGS TRUST 20[__]-[__], as Holding Trust

             

              

            By:  [Owner Trustee], not in its individual capacity but solely as Owner Trustee on behalf of the Trust.

             

              

             

            
            By:  _______________________________      

            Name:

            Title:

          

    
      
        

    

    EXHIBIT A

    CUSTODIAN’S ACKNOWLEDGEMENT

    Exeter Finance LLC (“Exeter”), acting
        as Custodian (in such capacity, the “Custodian”) under the Custodian Agreement, dated as of [_____], 20[__], among the Custodian, Exeter, as Servicer (the “Servicer”), and [Indenture Trustee], as Indenture Trustee (in such capacity, the “Indenture Trustee”),
        pursuant to which the Custodian holds on behalf of, for the benefit of and as agent of the Indenture Trustee, as pledgee of the Holding Trust, certain “Receivable Files,” as defined in the Sale and Servicing Agreement, dated as of [_____], 20[__]
        (the “Sale and Servicing Agreement”), among Exeter Automobile Receivables Trust 20[__]-[__], as Issuer, EFCAR, LLC, as Seller, the Servicer, Exeter Holdings Trust
        20[__]-[__], as Holding Trust, and [Indenture Trustee], as Indenture Trustee [and as Backup Servicer], hereby acknowledges receipt of the Receivable File for each Receivable listed in the Schedule of Receivables attached as Schedule A to the Sale
        and Servicing Agreement, except as noted in the Custodian Exception List attached hereto as Schedule I and the Lien Perfection Exception List attached hereto as Schedule II.

    Capitalized terms used herein which are not defined herein shall have the meanings set forth in the Sale and
        Servicing Agreement.

    IN WITNESS WHEREOF, Exeter Finance LLC has caused this acknowledgement to be executed by its duly authorized
        officer as of this [__] day of [__], 20[__].

    	 	
            EXETER FINANCE LLC,

                as Custodian

             

              

             

              

            By: _______________________________       

            Name:

            Title:

          

    
      
        

    

    SCHEDULE I

    Custodian Exception List

    [On File with Exeter and the Indenture Trustee]

    
      
        

    

    SCHEDULE II

    Lien Perfection Exception List

    [On File with Exeter and the Indenture Trustee]

    
      
        

    

    EXHIBIT B

    FORM OF RELEASE OF DOCUMENTS

        

        

        ___________ ___, 20__

    [Custodian]

        [Address]

        

    

    Re:        Exeter Automobile Receivables Trust 20[__]-[__]

    Ladies and Gentlemen:

    Reference is made to the Custodian Agreement, dated as of [_____], 20[__] (as amended, restated, supplemented or
        otherwise modified from time to time, the “Custodian Agreement”), among Exeter Finance LLC (“Exeter”),
        as custodian (in such capacity, the “Custodian”), Exeter, as servicer (the “Servicer”), and
        [Indenture Trustee], as indenture trustee (the “Indenture Trustee”).

    Capitalized terms used herein that are not otherwise defined shall have the meaning ascribed thereto in the
        Custodian Agreement.  Capitalized terms used herein that are not otherwise defined herein or in the Custodian Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement, dated as of [_____], 20[__] (the “Sale and Servicing Agreement”), among Exeter Automobile Receivables Trust 20[__]-[__], as issuer, EFCAR, LLC, as seller, the Servicer, Exeter Holdings Trust 20[__]-[__], as
        holding trust, the Indenture Trustee [and [Backup Servicer], as backup servicer].

    The undersigned, in its capacity as Servicer under the Custodian Agreement, hereby requests (check one):

    ______ that the Custodian release to the Servicer the Receivable Files or other documents set forth on Schedule I
        to this Release of Documents.  All documents so released to the Servicer shall be held by the Servicer on behalf of the Indenture Trustee for the benefit of the Noteholders in accordance with the terms of the Custodian Agreement and the Servicer
        agrees to return to the Custodian the Receivable File or other such documents when the Servicer’s need therefor no longer exists.

    ______ that the Custodian permanently release to the Servicer the Receivable Files or other documents set forth on
        Schedule II to this Release of Documents and the Servicer certifies with respect to such Receivable Files that the related Receivable has been paid in full, has been sold in accordance with the Sale and Servicing Agreement or has been repurchased
        in accordance with the Sale and Servicing Agreement and that, in each case, any amounts received in connection with such payments, sale or repurchase which are required to be deposited in the Collection Account as provided in the Sale and Servicing
        Agreement have been deposited.

    
      
        

    

    

    

    The undersigned has executed this Release of Documents as of the date first written above.

    	 	
            EXETER FINANCE LLC,

                as Servicer

             

              

             

              

            By:  _______________________________      

            Name:

            Title:EXHIBIT 10.7

     

  ISDA®

  International Swaps and Derivatives Association, Inc.

  

  

  2002 MASTER
        AGREEMENT

  

  

  dated as of .................................................

  

  

  

  

  	
           

          (“PARTY A”)

        	 	
           

           (“PARTY B”)

        
	
           

          ____________________________________________________________

          

        	
           

          and

        	
           

          ____________________________________________________________ 

        

  

    

   

    

  have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement,
      which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions.  This 2002
      Master Agreement and the Schedule are together referred to as this “Master Agreement”.

  

  

  Accordingly, the parties agree as follows:

  

  

  1.      INTERPRETATION

  (a)      Definitions.  The terms defined in Section 14 and elsewhere in this Master Agreement will have the meanings therein specified for the purpose of this Master Agreement.

  

  

  (b)      Inconsistency.  In the event of any
      inconsistency between the provisions of the Schedule and the other provisions of this Master Agreement, the Schedule will prevail.  In the event of any inconsistency between the provisions of any Confirmation and this Master Agreement, such
      Confirmation will prevail for the purpose of the relevant Transaction.

  

  

  (c)      Single Agreement.  All Transactions
      are entered into in reliance on the fact that this Master Agreement and all Confirmations form a single agreement between the parties (collectively referred to as this “Agreement”), and the parties would not otherwise enter into any Transactions.

  

  

  2.      OBLIGATIONS

  (a)      General Conditions.

  

  

  (i)      Each party will make each payment or delivery specified in each Confirmation to be made by it, subject to the other provisions
      of this Agreement.

  

  

  (ii)      Payments under this Agreement will be made on the due date for value on that date in the place of the account specified in
      the relevant Confirmation or otherwise pursuant to this Agreement, in freely transferable funds and in the manner customary for payments in the required currency.  Where settlement is by delivery (that is, other than by payment), such delivery will
      be made for receipt on the due date in the manner customary for the relevant obligation unless otherwise specified in the relevant Confirmation or elsewhere in this Agreement.

  

  

  (iii)      Each obligation of each party under Section 2(a)(i) is subject to (1) the condition precedent that no

  
    
      

  

  
  

  

  Event of Default or Potential Event of Default with respect to the other party has occurred and is continuing, (2) the condition
      precedent that no Early Termination Date in respect of the relevant Transaction has occurred or been effectively designated and (3) each other condition specified in this Agreement to be a condition precedent for the purpose of this Section
      2(a)(iii).

  

  

  (b)      Change of Account.  Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local
        Business Days prior to the Scheduled Settlement Date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable
        objection to such change.

  

  

  (c)      Netting of Payments.  If on any date amounts would otherwise be
      payable:

  

  

   (i)      in the same currency; and

  

  

  (ii)      in respect of the same Transaction,

  

  

  by each party to the other, then, on such date, each party’s obligation to make payment of any such amount will be automatically satisfied and discharged
      and, if the aggregate amount that would otherwise have been payable by one party exceeds the aggregate amount that would otherwise have been payable by the other party, replaced by an obligation upon the party by which the larger aggregate amount
      would have been payable to pay to the other party the excess of the larger aggregate amount over the smaller aggregate amount.

  

  

  The parties may elect in respect of two or more Transactions that a net amount and payment obligation will be determined in respect of all amounts payable on
      the same date in the same currency in respect of those Transactions, regardless of whether such amounts are payable in respect of the same Transaction.  The election may be made in the Schedule or any Confirmation by specifying that “Multiple
      Transaction Payment Netting” applies to the Transactions identified as being subject to the election (in which case clause (ii) above will not apply to such Transactions).  If Multiple Transaction Payment Netting is applicable to Transactions, it
      will apply to those Transactions with effect from the starting date specified in the Schedule or such Confirmation, or, if a starting date is not specified in the Schedule or such Confirmation, the starting date otherwise agreed by the parties in
      writing.  This election may be made separately for different groups of Transactions and will apply separately to each pairing of Offices through which the parties make and receive payments or deliveries.

  

  

  (d)      Deduction or Withholding for Tax.

  

  

  (i)      Gross-Up.  All
      payments under this Agreement will be made without any deduction or withholding for or on account of any Tax unless such deduction or withholding is required by any applicable law, as modified by the practice of any relevant governmental revenue
      authority, then in effect.  If a party is so required to deduct or withhold, then that party (“X”) will

  

  

  (1)      promptly notify the other party (“Y”) of such requirement;

  

  

  (2)      pay to the relevant authorities the full amount required to be deducted or withheld (including the full amount required to be
      deducted or withheld from any additional amount paid by X to Y under this Section 2(d)) promptly upon the earlier of determining that such deduction or withholding is required or receiving notice that such amount has been assessed against Y;

  

  

  (3)      promptly forward to Y an official receipt (or a certified copy), or other documentation reasonably acceptable to Y, evidencing
      such payment to such authorities; and

  
    2

    
      

  

  (4)      if such Tax is an Indemnifiable Tax, pay to Y, in addition to the payment to which Y is otherwise entitled under this
      Agreement, such additional amount as is necessary to ensure that the net amount actually received by Y (free and clear of Indemnifiable Taxes, whether assessed against X or Y) will equal the full amount Y would have received had no such deduction or
      withholding been required.  However, X will not be required to pay any additional amount to Y to the extent that it would not be required to be paid but for:

  

  

  (A)      the failure by Y to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d); or

  

  

  (B)      the failure of a representation made by Y pursuant to Section 3(f) to be accurate and true unless such failure would not have
      occurred but for (I) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or
      (II) a Change in Tax Law.

  

  

  (ii)      Liability.  If:

  

  

  (1)      X is required by any applicable law, as modified by the practice of any relevant governmental revenue authority, to make any
      deduction or withholding in respect of which X would not be required to pay an additional amount to Y under Section 2(d)(i)(4);

  

  

  (2)      X does not so deduct or withhold; and

  

  

  (3)      a liability resulting from such Tax is assessed directly against X,

  

  

  then, except to the extent Y has satisfied or then satisfies the liability resulting from such Tax, Y will promptly pay to X the amount
      of such liability (including any related liability for interest, but including any related liability for penalties only if Y has failed to comply with or perform any agreement contained in Section 4(a)(i), 4(a)(iii) or 4(d)).

  

  

  3.      REPRESENTATIONS

  Each party makes the representations contained in Sections 3(a), 3(b), 3(c), 3(d), 3(e) and 3(f) and, if specified in the Schedule as applying, 3(g) to the
      other party (which representations will be deemed to be repeated by each party on each date on which a Transaction is entered into and, in the case of the representations in Section 3(f), at all times until the termination of this Agreement).  If any
      “Additional Representation” is specified in the Schedule or any Confirmation as applying, the party or parties specified for such Additional Representation will make and, if applicable, be deemed to repeat such Additional Representation at the time
      or times specified for such Additional Representation.

  

  

  (a)      Basic Representations.

  

  

  (i)      Status.  It is
      duly organised and validly existing under the laws of the jurisdiction of its organization or incorporation and, if relevant under such laws, in good standing;

  

  

  (ii)      Powers.  It has
      the power to execute this Agreement and any other documentation relating to this Agreement to which it is a party, to deliver this Agreement and any other documentation relating to this Agreement that it is required by this Agreement to deliver and
      to perform its obligations under this Agreement and any obligations it has under any Credit Support Document to which it is a party and has taken all necessary action to authorize such execution, delivery and performance;

  

  

  (iii)      No Violation or
        Conflict.  Such execution, delivery and performance do not violate or conflict with any law applicable to it, any provision of its constitutional documents, any order or judgment of any court or other agency of government applicable to it or
      any of its assets or any contractual restriction binding on or

  
    3

    
      

  

  

  

  affecting it or any of its assets;

  

  

  (iv)      Consents.  All
      governmental and other consents that are required to have been obtained by it with respect to this Agreement or any Credit Support Document to which it is a party have been obtained and are in full force and effect and all conditions of any such
      consents have been complied with; and

  

  

  (v)      Obligations Binding.  Its

      obligations under this Agreement and any Credit Support Document to which it is a party constitute its legal, valid and binding obligations, enforceable in accordance with their respective terms (subject to applicable bankruptcy, reorganisation,
      insolvency, moratorium or similar laws affecting creditors’ rights generally and subject, as to enforceability, to equitable principles of general application (regardless of whether enforcement is sought in a proceeding in equity or at law)).

  

  

  (b)      Absence of Certain Events.  No Event
      of Default or Potential Event of Default or, to its knowledge, Termination Event with respect to it has occurred and is continuing and no such event or circumstance would occur as a result of its entering into or performing its obligations under this
      Agreement or any Credit Support Document to which it is a party.

  

  

  (c)      Absence of Litigation.  There is not pending or, to its knowledge, threatened against it, any of its Credit Support Providers or any of its applicable Specified Entities any action, suit or proceeding at law or in equity or before any court,
        tribunal, governmental body, agency or official or any arbitrator that is likely to affect the legality, validity or enforceability against it of this Agreement or any Credit Support Document to which it is a party or its ability to perform its
        obligations under this Agreement or such Credit Support Document.

  

  

  (d)      Accuracy of Specified Information.  All

      applicable information that is furnished in writing by or on behalf of it to the other party and is identified for the purpose of this Section 3(d) in the Schedule is, as of the date of the information, true, accurate and complete in every material
      respect.

  

  

  (e)      Payer Tax Representation.  Each
      representation specified in the Schedule as being made by it for the purpose of this Section 3(e) is accurate and true.

  

  

  (f)      Payee Tax Representations.  Each
      representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.

  

  

  (g)      No Agency.  It is entering into this
      Agreement, including each Transaction, as principal and not as agent of any person or entity.

  

  

  4.      AGREEMENTS

  Each party agrees with the other that, so long as either party has or may have any obligation under this Agreement or under any Credit Support Document to
      which it is a party:

  

  

  (a)      Furnish Specified Information.  It will deliver to the other party or, in certain cases under clause (iii) below, to such government or taxing authority as the other party reasonably directs:

  

  

  (i)      any forms, documents or certificates relating to taxation specified in the Schedule or any Confirmation;

  

  

  (ii)      any other documents specified in the Schedule or any Confirmation; and

  

  

  (iii)      upon reasonable demand by such other party, any form or document that may be required or reasonably requested in writing in
      order to allow such other party or its Credit Support Provider to make a payment under this Agreement or any applicable Credit Support Document without any deduction or withholding for or on account of any Tax or with such deduction or withholding at
      a reduced rate (so long as the completion, execution or submission of such form or document would not materially prejudice the legal or commercial position of the party in receipt of such demand), with any such form or document to be accurate and
      completed in a manner

  
    4

    
      

  

  

  

  reasonably satisfactory to such other party and to be executed and to be delivered with any reasonably required certification,

  

  

  in each case by the date specified in the Schedule or such Confirmation or, if none is specified, as soon as reasonably practicable.

  

  

  (b)      Maintain Authorizations.  It will use
      all reasonable efforts to maintain in full force and effect all consents of any governmental or other authority that are required to be obtained by it with respect to this Agreement or any Credit Support Document to which it is a party and will use
      all reasonable efforts to obtain any that may become necessary in the future.

  

  

  (c)      Comply With Laws.  It will comply in all material respects with all
      applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document to which it is a party.

  

  

  (d)      Tax Agreement.  It will give notice of
      any failure of a representation made by it under Section 3(f) to be accurate and true promptly upon learning of such failure.

  

  

  (e)      Payment of Stamp Tax.  Subject to Section 11, it will pay any Stamp Tax levied or imposed upon it or in respect of its execution or performance of this
        Agreement by a jurisdiction in which it is incorporated, organised, managed and controlled,
        or considered to have its seat, or where an Office through which it is acting for the purpose of this Agreement is located (“Stamp Tax Jurisdiction”), and will indemnify the other party against any Stamp Tax levied or imposed upon the other party or in respect of the other party’s execution or performance of this Agreement by any such
        Stamp Tax Jurisdiction which is not also a Stamp Tax Jurisdiction with respect to the other party.

  

  

  5.      EVENTS OF DEFAULT AND TERMINATION EVENTS

  (a)      Events of Default.  The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified
        Entity of such party of any of the following events constitutes (subject to Sections 5(c) and 6(e)(iv)) an event of default (an “Event of Default”) with respect to such party:

  

  

  (i)      Failure to Pay or Deliver.  Failure by the party to make, when due, any payment under this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2)
      or (4) required to be made by it if such failure is not remedied on or before the first Local Business Day in

      the case of any such payment or the first Local Delivery Day in the case of any such delivery after, in each case, notice of such failure is given to the party;

  

  

  (ii)      Breach of Agreement; Repudiation of Agreement.  

  

  

  (1)      Failure by the party to comply with or perform any agreement or obligation (other than an obligation to make any payment under
      this Agreement or delivery under Section 2(a)(i) or 9(h)(i)(2) or (4) or to give notice of a Termination Event or any agreement or obligation under Section 4(a)(i), 4(a)(iii) or 4(d)) to be complied with or performed by the party in accordance with
      this Agreement if such failure is not remedied within 30 days after notice of such failure is given to the party; or

  

  

  (2)      the party disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, this Master
      Agreement, any Confirmation executed and delivered by that party or any

  

  

  Transaction evidenced by such a Confirmation (or such action is taken by any person or entity appointed or empowered to operate it or
      act on its behalf);

  

  

  (iii)      Credit Support
        Default.

  

  

  
    5

    
      

  

  

  

  (1)      Failure by the party or any Credit Support Provider of such party to comply with or perform any agreement or obligation to be
      complied with or performed by it in accordance with any Credit Support Document if such failure is continuing after any applicable grace period has elapsed;

  

  

  (2)      the expiration or termination of such Credit Support Document or the failing or ceasing of such Credit Support Document, or any
      security interest granted by such party or such Credit Support Provider to the other party pursuant to any such Credit Support Document, to be in full force and effect for the purpose of this Agreement (in each case other than in accordance with its
      terms) prior to the satisfaction of all obligations of such party under each Transaction to which such Credit Support Document relates without the written consent of the other party; or

  

  

  (3)      the party or such Credit Support Provider disaffirms, disclaims,
        repudiates or rejects, in whole or in part, or challenges the validity of, such Credit Support Document; (or such action is taken by any person or entity
      appointed or empowered to operate it or act on its behalf);

  

  

  (iv)      Misrepresentation.  A representation (other than a representation under Section 3(e) or 3(f)) made or repeated or deemed to have been made or repeated by the party or any Credit Support Provider of such party in this Agreement or any Credit Support Document proves to have been
        incorrect or misleading in any material respect when made or repeated or deemed to have been made or repeated;

  

  

  (v)      Default Under Specified Transaction.  The party, any Credit Support Provider of such party or any applicable Specified Entity of such party:

  

  

  (l)      defaults (other than by failing to make a delivery) under a Specified Transaction or any credit support arrangement relating to
      a Specified Transaction and, after giving effect to any applicable notice requirement or grace period, such default results in a liquidation of, an acceleration of obligations under, or an early termination of, that Specified Transaction;

  

  

  (2)       defaults, after giving effect to any applicable notice requirement or grace period, in making any payment due on the last
      payment or exchange date of, or any payment on early termination of, a Specified Transaction (or, if there is no applicable notice requirement or grace period, such default continues for at least one Local Business Day);

  

  

  (3)      defaults in making any delivery due under (including any delivery due on the last delivery or exchange date of) a Specified
      Transaction or any credit support arrangement relating to a Specified Transaction and, after giving effect to any applicable notice requirement or grace period, such default results in a liquidation of, an acceleration of obligations under, or an
      early termination of, all transactions outstanding under the documentation applicable to that Specified Transaction; or

  

  

  (4)       disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, a Specified Transaction or
      any credit support arrangement relating to a Specified Transaction that is, in either case, confirmed or evidenced by a document or other confirming evidence executed and delivered by that party, Credit Support Provider or Specified Entity (or such
      action is taken by any person or entity appointed or empowered to operate it or act on its behalf);

  

  

  
    6

    
      

  

  (vi)      Cross-Default.  If “Cross-Default” is specified in the
        Schedule as applying to the party, the occurrence or existence of:

  

  

  (l)       a default, event of default or other similar condition or event (however described) in respect of such party, any Credit Support Provider of such party or any applicable Specified Entity of such party under one or more agreements or
        instruments relating to Specified Indebtedness of any of them (individually or collectively) where the aggregate principal amount of such agreements or instruments,
      either alone or together with the amount, if any, referred to in clause (2) below, is not less than the applicable Threshold Amount (as specified in the Schedule) which has resulted in
        such Specified Indebtedness becoming, or becoming capable at such time of being declared, due and payable under such agreements or instruments, before it would otherwise have been due and payable; or

  

  

  (2)       a default by such party, such Credit Support Provider or such Specified Entity (individually or collectively) in making one or
      more payments under such agreements or instruments on the due date for payment (after giving effect to any applicable notice requirement or grace period) in an aggregate amount, either alone or together with the amount, if any, referred to in clause
      (1) above, of not less than the applicable Threshold Amount;

  

  

  (vii)      Bankruptcy.  The

      party, any Credit Support Provider of such party or any applicable Specified Entity of such party:

  

  

  (l)  is dissolved (other than pursuant to a consolidation, amalgamation or merger); (2) becomes insolvent or is unable to pay its debts
      or fails or admits in writing its inability generally to pay its debts as they become due; (3) makes a general assignment, arrangement or composition with or for the benefit of its creditors; (4)(A) institutes or has instituted against it, by a
      regulator, supervisor or any similar official with primary insolvency, rehabilitative or regulatory jurisdiction over it in the jurisdiction of its incorporation or organization or the jurisdiction of its head or home office, a proceeding seeking a
      judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented for its winding-up or liquidation by it or such regulator, supervisor or
      similar official, or (B) has instituted against it a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting creditors’ rights, or a petition is presented for
      its winding-up or liquidation, and such proceeding or petition is instituted or presented by a person or entity not described in clause (A) above and either (I) results in a judgment of insolvency or bankruptcy or the entry of an order for relief or
      the making of an order for its winding-up or liquidation or (II) is not dismissed, discharged, stayed or restrained in each case within 15 days of the institution or presentation thereof; (5) has a resolution passed for its winding-up, official
      management or liquidation (other than pursuant to a consolidation, amalgamation or merger); (6) seeks or becomes subject to the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar
      official for it or for all or substantially all its assets; (7)  has a secured party take possession of all or substantially all its assets or has a distress, execution, attachment, sequestration or other legal process levied, enforced or sued on or
      against all or substantially all its assets and such secured party maintains possession, or any such process is not dismissed, discharged, stayed or restrained, in each case within 15 days thereafter; (8)  causes or is subject to any event with
      respect to it which, under the applicable laws of any jurisdiction, has an analogous effect to any of the events specified in clauses (l) to (7) above (inclusive); or (9) takes any action in furtherance of, or indicating its consent to, approval of,
      or acquiescence in, any of the foregoing acts; or

  

  

  
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  (viii)      Merger Without Assumption.  The party or any Credit Support Provider of such party consolidates or amalgamates with, or merges with or into,
        or transfers all or substantially all its assets to, or reorganizes, reincorporates or reconstitutes into or as, another entity and, at the time of such consolidation,
        amalgamation, merger, transfer, reorganisation, reincorporation or reconstitution:

  

  

  (l)      the resulting, surviving or transferee entity fails to assume all the obligations of such party or such Credit Support Provider
      under this Agreement or any Credit Support Document to which it or its predecessor was a party; or

  

  

  (2)      the benefits of any Credit Support Document fail to extend (without the consent of the other party) to the performance by such
      resulting, surviving or transferee entity of its obligations under this Agreement.

  

  

  (b)      Termination Events.  The occurrence at any time with respect to a party or, if applicable, any Credit Support Provider of such party or any Specified
        Entity of such party of any event specified below constitutes (subject to Section 5(c)) an Illegality if the event is specified in clause (i) below, a Force Majeure Event if the event is specified in clause (ii)
        below, a Tax Event if the event is specified in clause (iii) below, a Tax Event Upon Merger if the event is specified in clause (iv) below, and, if specified to be applicable, a Credit Event Upon Merger if the
        event is specified pursuant to clause (v) below or an Additional Termination Event if the event is specified pursuant to clause (vi) below:

  

  

  (i)      Illegality.  After giving effect to any applicable provision, disruption fallback or remedy specified in, or pursuant to, the relevant Confirmation or elsewhere in this Agreement, due to an event or circumstance (other than any action taken by a party or, if
      applicable, any Credit Support Provider of such party) occurring after a Transaction is entered into, it becomes unlawful under any applicable law (including without limitation
      the laws of any country in which payment, delivery or compliance is required by either party or any Credit Support Provider, as the case may be), on any day, or it would be unlawful if the relevant payment, delivery or compliance were required on
      that day (in each case, other than as a result of a breach by the party of Section 4(b)):

  

  

  (1)      for the Office through which such party (which will be the Affected Party) makes and receives payments or deliveries with
      respect to such Transaction to perform any absolute or contingent obligation to make a payment or delivery in respect of such Transaction, to receive a payment or delivery in respect of such Transaction or to comply with any other material provision
      of this Agreement relating to such Transaction; or

  

  

  (2)      for such party or any Credit Support Provider of such party (which will be the Affected Party) to

        perform, any absolute or contingent obligation to make a payment or delivery which such party or Credit Support Provider has under any Credit Support
        Document relating to such Transaction, to receive a payment or delivery under such Credit Support Document or to comply with any other material provision of such Credit Support Document;

  

  

  (ii)      Force Majeure Event.  After giving effect to any applicable provision, disruption fallback or remedy specified in, or pursuant to, the relevant Confirmation or elsewhere in this Agreement, by reason of force majeure or
      act of state occurring after a Transaction is entered into, on any day:

  

  

  (1)      the Office through which such party (which will be the Affected Party) makes and receives

  payments or deliveries with respect to such Transaction is prevented from performing any absolute or contingent obligation to make a
      payment or delivery in respect of such Transaction, from receiving a payment or delivery in respect of such Transaction or from complying with any other material provision of this Agreement relating to such Transaction (or would be so prevented if
      such payment, delivery or compliance were required on that day), or it becomes impossible or impracticable for such Office so to perform, receive or comply (or it would be impossible or impracticable for such Office so to perform, receive or comply
      if such payment, delivery or compliance were required on that day); or

  (2)      such party or any Credit Support Provider of such party (which will be the Affected Party) is

  
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  prevented from performing any absolute or contingent obligation to make a payment or delivery which such party or Credit Support
      Provider has under any Credit Support Document relating to such Transaction, from receiving a payment or delivery under such Credit Support Document or from complying with any other material provision of such Credit Support Document (or would be so
      prevented if such payment, delivery or compliance were required on that day), or it becomes impossible or impracticable for such party or Credit Support Provider so to perform, receive or comply (or it would be impossible or impracticable for such
      party or Credit Support Provider so to perform, receive or comply if such payment, delivery or compliance were required on that day),

  

  

  so long as the force majeure or act of state is beyond the control of such Office, such party or such Credit Support Provider, as
      appropriate, and such Office, party or Credit Support Provider could not, after using all reasonable efforts (which will not require such party or Credit Support Provider to incur a loss, other than immaterial, incidental expenses), overcome such
      prevention, impossibility or impracticability;

  

  

  (iii)      Tax Event.  Due to (1) any action taken by a taxing authority, or brought in a court of competent jurisdiction, after a Transaction is entered into (regardless of whether such action is taken or brought with respect to a party to this Agreement) or (2) a Change in Tax Law, the party
        (which will be the Affected Party) will, or there is a substantial likelihood that it will, on the next succeeding Scheduled Settlement Date (A) be required to pay to the other party an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect of interest under Section 9(h)) or (B) receive a payment from which an amount is required to be deducted or withheld for or on account of a Tax (except in respect of interest under Section 9(h)) and no additional amount is required to be paid in respect of such Tax under Section 2(d)(i)(4) (other than by reason of Section 2(d)(i)(4)(A) or  (B));

  

  

  (iv) 

            Tax Event Upon Merger.  The party (the “Burdened Party”) on the
        next succeeding Scheduled Settlement Date will either (1) be required to pay an additional amount in respect of an Indemnifiable Tax under Section 2(d)(i)(4) (except in respect
        of interest under Section 9(h) or (2) receive

        a payment from which an amount has been deducted or withheld for or on account of any Tax in respect of which the other party is not required to pay an additional amount (other
        than by reason of Section 2(d)(i)(4)(A) or (B)), in either case as a result of a party consolidating or amalgamating with, or merging with or into, or transferring all or substantially all its assets (or any substantial part of the assets
      comprising the business conducted by it as of the date of this Master Agreement) to, or reorganizing, reincorporating or reconstituting into or as, another entity (which will be the
        Affected Party) where such action does not constitute a Merger Without Assumption;

  

  

  (v) 

            Credit Event Upon Merger.  If “Credit Event Upon Merger” is
        specified in the Schedule as applying to the party, a Designated Event (as defined below) occurs with respect to such party, any Credit Support Provider of such party or any applicable Specified Entity of such party (in each case, “X”) and such Designated Event does not constitute a Merger Without Assumption, and the creditworthiness of X or, if applicable, the successor, surviving or transferee entity of X, after taking into account any applicable Credit Support
      Document, is materially weaker immediately after the occurrence of such Designated Event than that of X immediately prior to the occurrence of such Designated Event (and, in any such event, such party or its successor, surviving or transferee entity, as appropriate, will be the Affected Party).  A “Designated Event” with respect to X means
      that:

  

  

  (1)       X consolidates or amalgamates with, or merges with or into, or transfers all or substantially all its assets (or any
      substantial part of the assets comprising the business conducted by X as of the date of this Master Agreement) to, or reorganizes, reincorporates or reconstitutes into or as, another entity;

  

  

  (2)      any person, related group of persons or entity acquires directly or indirectly the beneficial ownership of (A) equity
      securities having the power to elect a majority of the board of directors (or its equivalent) of X or (B) any other ownership interest enabling it to exercise control of X; or

   

    

  (3)      X effects any substantial change in its capital structure by means of the issuance, incurrence or guarantee of debt or the
      issuance of (A) preferred stock or other securities convertible into or exchangeable for debt or preferred stock or (B) in the case of entities other than corporations, any other

  
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  form of ownership interest; or

  

  

  (vi)      Additional Termination Event.  If any “Additional Termination Event” is specified in the Schedule or any Confirmation as applying, the occurrence of such
        event (and, in such event, the Affected Party or Affected Parties will be as specified for such Additional Termination Event in the Schedule or such Confirmation).

  

  

  (c)      Hierarchy of Events.

  

  

  (i)      An event or circumstance that constitutes or gives rise to an Illegality or a Force Majeure Event will not, for so long as
      that is the case, also constitute or give rise to an Event of Default under Section 5(a)(i), 5(a)(ii)(1) or 5(a)(iii)(1) insofar as such event or circumstance relates to the failure to make any payment or delivery or a failure to comply with any
      other material provision of this Agreement or a Credit Support Document, as the case may be.

  

  

  (ii)      Except in circumstances contemplated by clause (i) above, if an event or circumstance which would otherwise constitute or
      give rise to an Illegality or a Force Majeure Event also constitutes an Event of Default or any other Termination Event, it will be treated as an Event of Default or such other Termination Event, as the case may be, and will not constitute or give
      rise to an Illegality or a Force Majeure Event.

  

  

  (iii)      If an event or circumstance which would otherwise constitute or give rise to a Force Majeure Event also constitutes an
      Illegality, it will be treated as an Illegality, except as described in clause (ii) above, and not a Force Majeure Event.

  

  

  (d)      Deferral of Payments and Deliveries During Waiting Period.  If an Illegality or a Force Majeure Event has occurred and is continuing
      with respect to a Transaction, each payment or delivery which would otherwise be required to be made under that Transaction will be deferred to, and will not be due until:

  

  

  (i)      the first Local Business Day or, in the case of a delivery, the first Local Delivery Day (or the first day that would have
      been a Local Business Day or Local Delivery Day, as appropriate, but for the occurrence of the event or circumstance constituting or giving rise to that Illegality or Force Majeure Event) following the end of any applicable Waiting Period in respect
      of that Illegality or Force Majeure Event, as the case may be; or

  

  

  (ii)      if earlier, the date on which the event or circumstance constituting or giving rise to that Illegality or Force Majeure Event
      ceases to exist or, if such date is not a Local Business Day or, in the case of a delivery, a Local Delivery Day, the first following day that is a Local Business Day or Local Delivery Day, as appropriate.

  

  

  (e)      Inability

        of Head or Home Office to Perform Obligations of Branch.  If (i) an Illegality or a Force

  Majeure Event occurs under Section 5(b)(i)(1) or 5(b)(ii)(1) and the relevant Office is not the Affected Party’s head or home office, (ii) Section 10(a)
      applies, (iii) the other party seeks performance of the relevant obligation or compliance with the relevant provision by the Affected Party’s head or home office and (iv) the Affected Party’s head or home office fails so to perform or comply due to
      the occurrence of an event or circumstance which would, if that head or home office were the Office through which the Affected Party makes and receives payments and deliveries with respect to the relevant Transaction, constitute or give rise to an
      Illegality or a Force Majeure Event, and such failure would otherwise constitute an Event of Default under Section 5(a)(i) or 5(a)(iii)(1) with respect to such party, then, for so long as the relevant event or circumstance continues to exist with
      respect to both the Office referred to in Section 5(b)(i)(1) or 5(b)(ii)(1), as the case may be, and the Affected Party’s head or home office, such failure will not constitute an Event of Default under Section 5(a)(i) or 5(a)(iii)(1).

   

    

  6.      EARLY TERMINATION; CLOSE-OUT NETTING

  (a)      Right to Terminate Following Event of
        Default.  If at any time an Event of Default with respect to a party (the “Defaulting Party”) has occurred and is then continuing, the other party (the “Non-defaulting Party”) may, by not more than 20 days notice to the Defaulting Party
      specifying the relevant Event of Default, designate a day not earlier than the

  
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  day such notice is effective as an Early Termination Date in respect of all outstanding Transactions.  If, however, “Automatic Early Termination” is
      specified in the Schedule as applying to a party, then an Early Termination Date in respect of all outstanding Transactions will occur immediately upon the occurrence with respect to such party of an Event of Default specified in Section
      5(a)(vii)(1), (3), (5), (6) or, to the extent analogous thereto, (8), and as of the time immediately preceding the institution of the relevant proceeding or the presentation of the relevant petition upon the occurrence with respect to such party of
      an Event of Default specified in Section  5(a)(vii)(4) or, to the extent analogous thereto, (8).

  

  

  (b)      Right to Terminate Following Termination
        Event.

  

  

  (i)      Notice.  If a Termination Event other than a Force Majeure
      Event occurs, an Affected Party will, promptly upon becoming aware of it, notify the other party, specifying the nature of that Termination Event and each Affected Transaction, and will also give the other party such other information about that Termination Event as the other party may
      reasonably require.  If a Force Majeure Event occurs, each party will, promptly upon becoming aware of it, use all reasonable efforts to notify the other party, specifying the nature of that Force Majeure Event, and will also give the other party
      such other information about that Force Majeure Event as the other party may reasonably require.

  

  

  (ii)      Transfer to Avoid Termination Event.  If a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its
        right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, other than immaterial,
        incidental expenses) to transfer within 20 days after it gives notice under Section  6(b)(i) all its rights and obligations under this Agreement in respect of the Affected
        Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist.

  

  

  If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day
      period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i).

  

  

  Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other
      party, which consent will not be withheld if such other party’s policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.

  

  

  (iii)      Two Affected Parties.  If a Tax Event occurs and there are two Affected Parties, each party will use all reasonable efforts to reach agreement within 30 days after notice of such occurrence is given under Section 6(b)(i) to avoid that Termination Event.

  

  

  (iv)      Right to Terminate.  

  

  

  (1)      If:

  

  

  (A)      a transfer under Section 6(b)(ii) or an agreement under Section 6(b)(iii), as the case may be, has not been effected with
      respect to all Affected Transactions within 30 days after an Affected Party gives notice under Section 6(b)(i); or

  

  

  (B)      a Credit Event Upon Merger or an Additional Termination Event occurs, or a Tax Event Upon Merger occurs and the Burdened
      Party is not the Affected Party,

  

  

  the Burdened Party in the case of a Tax Event Upon Merger, any Affected Party in the case of a Tax Event or an Additional Termination
      Event if there are two Affected Parties, or the Non-affected Party in the case of a Credit Event Upon Merger or an Additional Termination Event if there is only one Affected Party may, if the relevant Termination Event is then continuing, by not more
      than 20 days notice to the other party, designate a day not earlier than the day such notice is effective as an Early

  
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  Termination Date in respect of all Affected Transactions.

  

  

  (2)      If at any time an Illegality or a Force Majeure Event has occurred and is then continuing and any applicable Waiting Period has
      expired:

  

  

  (A)      Subject to clause (B) below, either party may, by not more than 20 days notice to the other party, designate (I) a day not
      earlier than the day on which such notice becomes effective as an Early Termination Date in respect of all Affected Transactions or (II) by specifying in that notice the Affected Transactions in respect of which it is designating the relevant day as
      an Early Termination Date, a day not earlier than two Local Business Days following the day on which such notice becomes effective as an Early Termination Date in respect of less than all Affected Transactions.  Upon receipt of a notice designating
      an Early Termination Date in respect of less than all Affected Transactions, the other party may, by notice to the designating party, if such notice is effective on or before the day so designated, designate that same day as an Early Termination Date
      in respect of any or all other Affected Transactions.

  

  

  (B)      An Affected Party (if the Illegality or Force Majeure Event relates to performance by such party or any Credit Support
      Provider of such party of an obligation to make any payment or delivery under, or to compliance with any other material provision of, the relevant Credit Support Document) will only have the right to designate an Early Termination Date under Section
      6(b)(iv)(2)(A) as a result of an Illegality under Section 5(b)(i)(2) or a Force Majeure Event under Section 5(b)(ii)(2) following the prior designation by the other party of an Early Termination Date, pursuant to Section 6(b)(iv)(2)(A), in respect of
      less than all Affected Transactions.

  

  

  (c)      Effect of Designation.

  

  

  (i)      If notice designating an Early Termination Date is given under Section 6(a) or 6(b), the Early Termination Date will occur on
      the date so designated, whether or not the relevant Event of Default or Termination Event is then continuing.

  

  

  (ii)      Upon the occurrence or effective designation of an Early Termination Date, no further payments or deliveries under Section
      2(a)(i) or 9(h)(i) in respect of the Terminated Transactions will be required to be made, but without prejudice to the other provisions of this Agreement. The amount, if any, payable in respect of an Early Termination Date will be determined pursuant
      to Sections 6(e) and 9(h)(ii).

  

  

  (d)      Calculations; Payment Date.

  

  

  (i)      Statement.  On or as soon as reasonably practicable following the occurrence of an Early Termination Date, each party will make
        the calculations on its part, if any, contemplated by Section  6(e) and will provide to the other party a statement (l) showing, in reasonable detail, such calculations
        (including any quotations, market data or information from internal sources used in making such calculations), (2) specifying (except where there are two Affected Parties) any Early Termination Amount payable and (3) giving details of the relevant account to which any amount payable to it is to be paid.  In the absence of written confirmation from the
        source of a quotation or market data obtained in determining a Close-out Amount, the records of the party
        obtaining such quotation or market data will be conclusive evidence of the existence and accuracy of such quotation or market data.

  

  

  (ii)      Payment Date.  An Early Termination Amount due in respect
        of any Early Termination Date will, together with any amount of interest payable pursuant to Section 9(h)(ii)(2), be payable (1) on the day on which notice of the amount payable is effective in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default and (2) on the day which is two Local Business Days after the day on which notice of the amount payable is effective (or, if there are two Affected Parties, after the day on which the
      statement provided pursuant to clause (i) above by the second party to provide such a statement is effective) in

  
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  the case of an Early Termination Date which is designated as a result of a Termination Event.

  

  

  (e)      Payments on Early Termination.  If an Early Termination Date occurs, the amount,
        if any, payable in respect of that Early Termination Date (the “Early Termination Amount”) will be
        determined pursuant to this Section 6(e) and will be subject to Section 6(f).

  

  

  (i)      Events of Default.  If the Early Termination Date results from an
        Event of Default, the Early Termination Amount will be an amount equal to (1) the sum of (A) the Termination Currency Equivalent of the Close-out Amount or Close-out
      Amounts (whether positive or negative) determined by the Non-defaulting Party for each Terminated Transaction or group of Terminated Transactions, as the case may be, and (B) the Termination Currency Equivalent of the
        Unpaid Amounts owing to the Non-defaulting Party less (2)  the Termination Currency Equivalent of the
        Unpaid Amounts owing to the Defaulting Party.  If the Early Termination Amount is a positive number, the Defaulting Party will pay it to the Non-defaulting Party; if it is a
        negative number, the Non-defaulting Party will pay the absolute value of Early Termination Amount to the Defaulting Party.

  

  

  (ii)      Termination Events.  If

      the Early Termination Date results from a Termination Event:

  

  

  (1) 

            One Affected Party.  Subject to clause (3) below, if there is one Affected Party, the Early Termination Amount will be determined in accordance with Section 6(e)(i), except that references to the Defaulting Party and to the
        Non-defaulting Party will be deemed to be references to the Affected Party and to the Non-affected Party, respectively.

  

  

  (2)      Two
        Affected Parties.  Subject to clause (3) below, if there are two
        Affected Parties, each party will determine an amount equal to the Termination Currency Equivalent of the sum of the Close-out Amount or Close-out Amounts (whether
      positive or negative) for each Terminated Transaction or group of Terminated Transactions, as the case may be, and the Early Termination Amount will be an amount equal to (A) the
      sum of (I) one-half of the difference between the higher amount so determined (by party “X”) and lower
      amount so determined (by party “Y”) and (II) the Termination Currency Equivalent of the Unpaid Amounts owing to X
        less (B) the Termination Currency Equivalent of the Unpaid Amounts owing to Y.  If the Early Termination Amount is a positive number, Y will pay it to X; if it is a negative number, X will pay the
        absolute value of the Early Termination Amount to Y.

  

  

  (3)      Mid-Market Events.  If that
      Termination Event is an Illegality or a Force Majeure Event, then the Early Termination Amount will be determined in accordance with clause (1) or (2) above, as appropriate, except that, for the purpose of determining a Close-out Amount or Close-out
      Amounts, the Determining Party will:

  

  

  (A)      if obtaining quotations from one or more third parties (or from any of the Determining Party’s Affiliates), ask each third
      party or Affiliate (I) not to take account of the current creditworthiness of the Determining Party or any existing Credit Support Document and (II) to provide mid-market quotations; and

  

  

  

  

  (B)      in any other case, use mid-market values without regard to the creditworthiness of the Determining Party.

  

  

  (iii)      Adjustment for Bankruptcy.  In circumstances where an Early
        Termination Date occurs because Automatic Early Termination applies in respect of a party, Early
      Termination Amount will be subject to such adjustments as are appropriate and permitted by applicable law to reflect
        any payments or deliveries made by one party to the other under this Agreement (and retained by such other party) during the period from the relevant Early Termination Date to the date for payment determined under Section 6(d)(ii).

  

  

  (iv)      Adjustment for Illegality or Force Majeure Event.  The failure by a party or any Credit Support

  
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  Provider of such party to pay, when due, any Early Termination Amount will not constitute an Event of Default under Section 5(a)(i) or
      5(a)(iii)(1) if such failure is due to the occurrence of an event or circumstance which would, if it occurred with respect to payment, delivery or compliance related to a Transaction, constitute or give rise to an Illegality or a Force Majeure
      Event.  Such amount will (1) accrue interest and otherwise be treated as an Unpaid Amount owing to the other party if subsequently an Early Termination Date results from an Event of Default, a Credit Event Upon Merger or an Additional Termination
      Event in respect of which all outstanding Transactions are Affected Transactions and (2) otherwise accrue interest in accordance with Section 9(h)(ii)(2).

  

  

  (v)      Pre-Estimate.  The parties agree that an amount recoverable under this Section 6(e) is a reasonable pre-estimate of loss and not a penalty.  Such amount is payable for the loss of bargain and the loss of protection against future risks, and, except as otherwise provided in this Agreement, neither party will be entitled to recover any additional damages as a consequence of the termination of the Terminated Transactions.

  

  

  (f)      Set-Off.  Any Early Termination Amount
      payable to one party (the “Payee”) by the other party (the “Payer”), in circumstances where there is a Defaulting Party or where there is one Affected Party in the case where either a Credit Event Upon Merger has occurred or any other Termination
      Event in respect of which all outstanding Transactions are Affected Transactions has occurred, will, at the option of the Non-defaulting Party or the Non-affected Party, as the case may be (“X”) (and without prior notice to the Defaulting Party or
      the Affected Party, as the case may be), be reduced by its set-off against any other amounts (“Other Amounts”) payable by the Payee to the Payer (whether or not arising under this Agreement, matured or contingent and irrespective of the currency,
      place of payment or place of booking of the obligation).  To the extent that any Other Amounts are so set off, those Other Amounts will be discharged promptly and in all respects.  X will give notice to the other party of any set-off effected under
      this Section 6(f).

  

  

  For this purpose, either the Early Termination Amount or the Other Amounts (or the relevant portion of such amounts) may be converted by X into the currency
      in which the other is denominated at the rate of exchange at which such party would be able, in good faith and using commercially reasonable procedures, to purchase the relevant amount of such currency.

  

  

  If an obligation is unascertained, X may in good faith estimate that obligation and set off in respect of the estimate, subject to the relevant party
      accounting to the other when the obligation is ascertained.

  

  

  Nothing in this Section 6(f) will be effective to create a charge or other security interest.  This Section 6(f) will be without prejudice and in addition to
      any right of set-off, offset, combination of accounts, lien, right of retention or withholding or similar right or requirement to which any party is at any time otherwise entitled or subject (whether by operation of law, contract or otherwise).

  

  

  7.      TRANSFER

  Subject to Section 6(b)(ii) and to the extent permitted by applicable law, neither this Agreement nor any interest or obligation in or under this Agreement
      may be transferred (whether by way of security or otherwise) by either party without the prior written consent of the other party, except that:

  

  

  (a)      a party may make such a transfer of this Agreement pursuant to a consolidation or amalgamation with, or merger with or into, or transfer of all or
      substantially all its assets to, another entity (but without prejudice to any other right or remedy under this Agreement); and

  

  

  (b)      a party may make such a transfer of all or any part of its interest in any Early Termination Amount payable to it by a Defaulting Party, together
      with any amounts payable on or with respect to that interest and any other rights associated with that interest pursuant to Sections 8, 9(h) and 11.

  

  

  Any purported transfer that is not in compliance with this Section 7 will be void.

  

  

  8.      CONTRACTUAL CURRENCY

  
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  (a)      Payment in the Contractual Currency.  Each payment under this Agreement will be made in the relevant currency specified in this Agreement for that
        payment (the “Contractual Currency”).  To the extent permitted by applicable law, any obligation to make payments under this Agreement in the Contractual Currency will not be discharged or satisfied by any tender in any currency other than the
        Contractual Currency, except to the extent such tender results in the actual receipt by the party to which payment is owed, acting in good faith and using commercially
        reasonable procedures in converting the currency so tendered into the Contractual Currency, of the full amount in the Contractual Currency of all amounts payable in respect of
        this Agreement.  If for any reason the amount in the Contractual Currency so received falls short of the amount in the Contractual Currency payable in respect of this Agreement, the party required to make the payment will, to the extent permitted
        by applicable law, immediately pay such additional amount in the Contractual Currency as may be necessary to compensate for the shortfall.  If for any reason the amount in the Contractual Currency so received exceeds the amount in the Contractual
        Currency payable in respect of this Agreement, the party receiving the payment will refund promptly the amount of such excess.

  

  

  (b)      Judgments.  To the extent permitted by applicable law, if any judgment or order expressed in a currency other than the Contractual Currency is rendered
        (i) for the payment of any amount owing in respect of this Agreement, (ii) for the payment of any amount relating to any early termination in respect of this Agreement or (iii) in respect of a judgment or order of another court for the payment of
        any amount described in clause (i) or (ii) above, the party seeking recovery, after recovery in full of the aggregate amount to which such party is entitled pursuant to the
        judgment or order, will be entitled to receive immediately from the other party the amount of any shortfall of the Contractual Currency received by such party as a consequence of sums paid in such other currency and will refund promptly to the
        other party any excess of the Contractual Currency received by such party as a consequence of sums paid in such other currency if such shortfall or such excess arises or results from any variation between the rate of exchange at which the
        Contractual Currency is converted into the currency of the judgment or order for the purpose of such judgment or order and the rate of exchange at which such party is able,
        acting in good faith and using commercially reasonable procedures in converting the currency received into
        the Contractual Currency, to purchase the Contractual Currency with the amount of the currency of the judgment or order actually received by such party.

  

  

  (c)      Separate Indemnities.  To the extent permitted by applicable law, the
        indemnities in this Section 8 constitute separate and independent obligations from the other obligations in this Agreement, will be enforceable as separate and independent causes
        of action, will apply notwithstanding any indulgence granted by the party to which any payment is owed and will not be affected by judgment being obtained or claim or proof being made for any other sums payable in respect of this Agreement.

  

  

  (d)      Evidence of Loss.  For the purpose of
      this Section 8, it will be sufficient for a party to demonstrate that it would have suffered a loss had an actual exchange or purchase been made.

  

  

  9.      MISCELLANEOUS

  (a)      Entire Agreement.  This Agreement constitutes the entire agreement and understanding of the parties with respect to its subject matter.  Each of
      the parties acknowledges that in entering into this Agreement it has not relied on any oral or written representation, warranty or other assurance (except as provided for or referred to in this Agreement) and waives all rights and remedies which
      might otherwise be available to it in respect thereof, except that nothing in this Agreement will limit or exclude any liability of a party for fraud.

  

  

  (b)      Amendments.  An amendment, modification or waiver in respect of this Agreement
        will only be effective if in writing (including a writing evidenced by a facsimile transmission) and
        executed by each of the parties or confirmed by an exchange of telexes or by an exchange of electronic messages on an electronic messaging system.

  

  

  (c)      Survival of Obligations.  Without
      prejudice to Sections 2(a)(iii) and 6(c)(ii), the obligations of the parties under this Agreement will survive the termination of any Transaction.

  

  

  (d)      Remedies Cumulative.  Except as
      provided in this Agreement, the rights, powers, remedies and privileges provided in this Agreement are cumulative and not exclusive of any rights, powers, remedies and privileges provided by law.

  
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  (e)      Counterparts and Confirmations.

  

  

  (i)      This Agreement (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts
      (including by facsimile transmission and by electronic messaging system), each of which will be deemed an original.

  

  

  (ii)      The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms
      (whether orally or otherwise).  A Confirmation will be entered into as soon as practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes, by an exchange of electronic
      messages on an electronic messaging system or by an exchange of e-mails, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement.  The parties will specify therein or through another effective means
      that any such counterpart, telex, electronic message or e-mail constitutes a Confirmation.

  

  

  (f)      No Waiver of Rights.  A failure or
      delay in exercising any right, power or privilege in respect of this Agreement will not be presumed to operate as a waiver, and a single or partial exercise of any right, power or privilege will not be presumed to preclude any subsequent or further
      exercise, of that right, power or privilege or the exercise of any other right, power or privilege.

  

  

  (g)      Headings.  The headings used in this Agreement are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Agreement.

  

  

  (h)      Interest and Compensation.

  

  

  (i)      Prior to Early
        Termination.  Prior to the occurrence or effective designation of an Early Termination Date in respect of the relevant Transaction:

  

  

  (1)      Interest on Defaulted Payments.  If
      a party defaults in the performance of any payment obligation, it will, to the extent permitted by applicable law and subject to Section 6(c), pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the
      same currency as the overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment (and excluding any period
      in respect of which interest or compensation in respect of the overdue amount is due pursuant to clause (3)(B) or (C) below), at the Default Rate.

  

  

  (2)      Compensation for Defaulted Deliveries.  If

      a party defaults in the performance of any obligation required to be settled by delivery, it will on demand (A) compensate the other party to the extent provided for in the relevant Confirmation or elsewhere in this Agreement and (B) unless otherwise
      provided in the relevant Confirmation or elsewhere in this Agreement, to the extent permitted by applicable law and subject to Section 6(c), pay to the other party interest (before as well as after judgment) on an amount equal to the fair market
      value of that which was required to be delivered in the same currency as that amount, for the period from (and including) the originally scheduled date for delivery to (but excluding) the date of actual delivery (and excluding any period in respect
      of which interest or compensation in respect of that amount is due pursuant to clause (4) below), at the Default Rate.  The fair market value of any obligation referred to above will be determined as of the originally scheduled date for delivery, in
      good faith and using commercially reasonable procedures, by the party that was entitled to take delivery.

  

  

  (3)      Interest on Deferred Payments.  If:

  

  

  (A)      a party does not pay any amount that, but for Section 2(a)(iii), would have been payable, it will, to the extent permitted by
      applicable law and subject to Section 6(c) and clauses (B) and (C) below, pay interest (before as well as after judgment) on that amount to

  
    16

    
      

  

  

  

  the other party on demand (after such amount becomes payable) in the same currency as that amount, for the period from (and including)
      the date the amount would, but for Section 2(a)(iii), have been payable to (but excluding) the date the amount actually becomes payable, at the Applicable Deferral Rate;

  

  

  (B)      a payment is deferred pursuant to Section 5(d), the party which would otherwise have been required to make that payment will,
      to the extent permitted by applicable law, subject to Section 6(c) and for so long as no Event of Default or Potential Event of Default with respect to that party has occurred and is continuing, pay interest (before as well as after judgment) on the
      amount of the deferred payment to the other party on demand (after such amount becomes payable) in the same currency as the deferred payment, for the period from (and including) the date the amount would, but for Section 5(d), have been payable to
      (but excluding) the earlier of the date the payment is no longer deferred pursuant to Section 5(d) and the date during the deferral period upon which an Event of Default or Potential Event of Default with respect to that party occurs, at the
      Applicable Deferral Rate; or

  

  

  (C)      a party fails to make any payment due to the occurrence of an Illegality or a Force

  Majeure Event (after giving effect to any deferral period contemplated by clause (B) above), it will, to the extent permitted by
      applicable law, subject to Section 6(c) and for so long as the event or circumstance giving rise to that Illegality or Force Majeure Event continues and

  

  

  no Event of Default or Potential Event of Default with respect to that party has occurred and is continuing, pay interest (before as
      well as after judgment) on the overdue amount to the other party on demand in the same currency as the overdue amount, for the period from (and including) the date the party fails to make the payment due to the occurrence of the relevant Illegality
      or Force Majeure Event (or, if later, the date the payment is no longer deferred pursuant to Section 5(d)) to (but excluding) the earlier of the date the event or circumstance giving rise to that Illegality or Force Majeure Event ceases to exist and
      the date during the period upon which an Event of Default or Potential Event of Default with respect to that party occurs (and excluding any period in respect of which interest or compensation in respect of the overdue amount is due pursuant to
      clause (B) above), at the Applicable Deferral Rate.

  

  

  (4)      Compensation for Deferred Deliveries.  If:

  

  

  (A)      a party does not perform any obligation that, but for Section 2(a)(iii), would have been required to be settled by delivery;

  

  

  (B)      a delivery is deferred pursuant to Section 5(d); or

  

  

  (C)      a party fails to make a delivery due to the occurrence of an Illegality or a Force Majeure Event at a time when any
      applicable Waiting Period has expired,

  

  

  the party required (or that would otherwise have been required) to make the delivery will, to the extent permitted by applicable law and
      subject to Section 6(c), compensate and pay interest to the other party on demand (after, in the case of clauses (A) and (B) above, such delivery is required) if and to the extent provided for in the relevant Confirmation or elsewhere in this
      Agreement.

  

  

  (ii)      Early Termination.  Upon

      the occurrence or effective designation of an Early Termination Date in respect of a Transaction:

  

  

  (1)      Unpaid Amounts.  For the purpose of
      determining an Unpaid Amount in respect of the relevant Transaction, and to the extent permitted by applicable law, interest will accrue on the amount of any payment obligation or the amount equal to the fair market value of any obligation required
      to be settled by delivery included in such determination in the same currency as that amount, for the

  
    17

    
      

  

  

  

  period from (and including) the date the relevant obligation was (or would have been but for Section 2(a)(iii) or 5(d)) required to have
      been performed to (but excluding) the relevant Early Termination Date, at the Applicable Close-out Rate.

  

  

  (2)      Interest on Early Termination Amounts.  If

      an Early Termination Amount is due in respect of such Early Termination Date, that amount will, to the extent permitted by applicable law, be paid together with interest (before as well as after judgment) on that amount in the Termination Currency,
      for the period from (and including) such Early Termination Date to (but excluding) the date the amount is paid, at the Applicable Close-out Rate.

  

  

  (iii)      Interest Calculation.  Any

      interest pursuant to this Section 9(h) will be calculated on the basis of daily compounding and the actual number of days elapsed.

  

  

  10.      OFFICES; MULTIBRANCH PARTIES

  (a)      If Section 10(a) is specified in the Schedule as applying, each party that enters into a Transaction through an Office other than its head or home
      office represents to and agrees with the other party that, notwithstanding the place of booking or its jurisdiction of incorporation or organization, its obligations are the same in terms of recourse against it as if it had entered into the
      Transaction through its head or home office, except that a party will not have recourse to the head or home office of the other party in respect of any payment or delivery deferred pursuant to Section 5(d) for so long as the payment or delivery is so
      deferred.  This representation and agreement will be deemed to be repeated by each party on each date on which the parties enter into a Transaction.

  

  

  (b)      If a party is specified as a Multibranch Party in the Schedule, such party may, subject to clause (c) below, enter into a Transaction through, book
      a Transaction in and make and receive payments and deliveries with respect to a Transaction through any Office listed in respect of that party in the Schedule (but not any other Office unless otherwise agreed by the parties in writing).

  

  

  (c)      The Office through which a party enters into a Transaction will be the Office specified for that party in the relevant Confirmation or as otherwise
      agreed by the parties in writing, and, if an Office for that party is not specified in the Confirmation or otherwise agreed by the parties in writing, its head or home office.  Unless the parties otherwise agree in writing, the Office through which a
      party enters into a Transaction will also be the Office in which it books the Transaction and the Office through which it makes and receives payments and deliveries with respect to the Transaction.  Subject to Section 6(b)(ii), neither party may
      change the Office in which it books the Transaction or the Office through which it makes and receives payments or deliveries with respect to a Transaction without the prior written consent of the other party.

  

  

  11.      EXPENSES

  A Defaulting Party will, on demand, indemnify and hold
        harmless the other party for and against all reasonable out-of-pocket expenses, including legal fees, execution fees and Stamp Tax, incurred by such other party by reason of the
        enforcement and protection of its rights under this Agreement or any Credit Support Document to which the Defaulting Party is a party or by reason of the early termination of any Transaction, including, but not limited to, costs of collection.

  

  

  12.      NOTICES

  (a)      Effectiveness.  Any notice or other communication in respect of this Agreement may be given in any manner described below (except that a notice or other communication under Section 5 or 6 may not be given by  electronic messaging system or e-mail) to the address or number or in accordance with the electronic messaging system or

      e-mail details provided (see the Schedule) and will be deemed effective as indicated:

  

  

  (i)      if in writing and delivered in person or by courier, on the date it is delivered;

  

  

  (ii)      if sent by telex, on the date the recipient’s answerback is received;

  
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  (iii)      if sent by facsimile transmission, on the date it is received by a responsible employee of the recipient in legible form (it
      being agreed that the burden of proving receipt will be on the sender and will not be met by a transmission report generated by the sender’s facsimile machine);

  

  

  (iv)      if sent by certified or registered mail (airmail, if overseas)
        or the equivalent (return receipt requested), on the date it is delivered or its delivery is attempted;

  

  

  (v)      if sent by electronic messaging system, on the date it is received; or

  

  

  (vi)      if sent by e-mail, on the date it is delivered,

  

  

  unless the date of that delivery (or attempted delivery) or that receipt, as applicable, is not a Local Business Day or that communication is delivered (or
      attempted) or received, as applicable, after the close of business on a Local Business Day, in which case that communication will be deemed given and effective on the first following day that is a Local Business Day.

  

  

  (b)      Change of Details.  Either party may by notice to the other change the address, telex or facsimile number or electronic messaging system or e-mail details at which notices or other communications are to be given to it.

  

  

  13.      GOVERNING LAW AND JURISDICTION

  (a)      Governing Law.  This Agreement will be
      governed by and construed in accordance with the law specified in the Schedule.

  

  

  (b)      Jurisdiction.  With respect to any suit, action or proceedings relating to any dispute arising out of or in connection with this Agreement (“Proceedings”), each party irrevocably:

  

  

  (i)      submits:

  

  

  (1)       if this Agreement is expressed to be governed by English law, to (A) the non-exclusive jurisdiction of the English courts if
      the Proceedings do not involve a Convention Court and (B) the exclusive jurisdiction of the English courts if the Proceedings do involve a Convention Court; or

  

  

  (2)      if this Agreement is expressed to be governed by the laws of the State of New York, to the non-exclusive jurisdiction of the
      courts of the State of New York and the United States District Court located in the Borough of Manhattan in New York City;

  

  

  (ii)      waives any objection which it may have at any time to the
        laying of venue of any Proceedings brought in any such court, waives any claim that such Proceedings have been brought in an inconvenient forum and further waives the right to object, with respect to such Proceedings, that such court does not have
        any jurisdiction over such party.; and

   

    

  (iii)      agrees, to the extent permitted by applicable law, that the bringing of Proceedings in any one or more jurisdictions will
      not preclude the bringing of Proceedings in any other jurisdiction.

  

  

  (c)      Service of Process.  Each party irrevocably appoints the Process Agent, if any, specified opposite its name in the Schedule to receive, for it and on its behalf, service of process in any
        Proceedings.  If for any reason any party’s Process Agent is unable to act as such, such party will promptly notify the other party and within 30 days appoint a substitute process agent acceptable to the other party.  The parties irrevocably
        consent to service of process given in the manner provided for notices in Section 12(a)(i), 12(a)(iii) or 12(a)(iv).  Nothing in this Agreement will affect the right of either
        party to serve process in any other manner permitted by applicable law.

  

  

  (d)      Waiver of Immunities.  Each party
      irrevocably waives, to the extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of their use or intended use), all immunity on the grounds of sovereignty

  
    19

    
      

  

  

  

  or other similar grounds from (i) suit, (ii) jurisdiction of any court, (iii) relief by way of injunction or order for specific performance or recovery of
      property, (iv) attachment of its assets (whether before or after judgment) and (v) execution or enforcement of any judgment to which it or its revenues or assets might otherwise be entitled in any Proceedings in the courts of any jurisdiction and
      irrevocably agrees, to the extent permitted by applicable law, that it will not claim any such immunity in any Proceedings.

  

  

  14.      DEFINITIONS

  As used in this Agreement:

  

  

  “Additional Representation” has the meaning
      specified in Section 3.

  

  

  “Additional Termination Event” has the meaning
      specified in Section 5(b).

  

  

  “Affected Party” has the meaning specified in
      Section 5(b).

  

  

  “Affected Transactions” means (a) with respect to any Termination Event consisting of an Illegality, Force Majeure Event, Tax Event or Tax Event Upon Merger,
        all Transactions affected by the occurrence of such Termination Event (which, in the case of an Illegality under Section 5(b)(i)(2) or a Force Majeure Event under Section 5(b)(ii)(2), means all Transactions unless the relevant Credit Support
      Document references only certain Transactions, in which case those Transactions and, if the relevant Credit Support Document constitutes a Confirmation for a Transaction, that Transaction)
        and (b) with respect to any other Termination Event, all Transactions.

  

  

  “Affiliate” means, subject to the Schedule, in
      relation to any person, any entity controlled, directly or indirectly, by the person, any entity that controls, directly or indirectly, the person or any entity directly or indirectly under common control with the person.  For this purpose, “control”
      of any entity or person means ownership of a majority of the voting power of the entity or person.

  

  

  “Agreement” has the meaning specified in Section 1(c).

  

  

  “Applicable Close-out Rate” means:

  

  

  (a)      in respect of the determination of an Unpaid Amount:

  

  

  (i)      in respect of obligations payable or deliverable (or which would have been but for Section  2(a)(iii)) by a Defaulting Party,
      the Default Rate;

  

  

  (ii)      in respect of obligations payable or deliverable (or which would have been but for Section 2(a)(iii)) by a Non-defaulting
      Party, the Non-default Rate;

  

  

  (iii)      in respect of obligations deferred pursuant to Section 5(d), if there is no Defaulting Party and for so long as the deferral
      period continues, the Applicable Deferral Rate; and

      

    

  (iv)      in all other cases following the occurrence of a Termination Event (except where interest accrues pursuant to clause (iii)
      above), the Applicable Deferral Rate; and

  

  

  (b)      in respect of an Early Termination Amount:

  

  

  (i)      for the period from (and including) the relevant Early Termination Date to (but excluding) the date (determined in accordance
      with Section 6(d)(ii)) on which that amount is payable:

  

  

  (1)      if the Early Termination Amount is payable by a Defaulting Party, the Default Rate;

  

  

  (2)      if the Early Termination Amount is payable by a Non-defaulting Party, the Non-default Rate; and

  
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  (3)      in all other cases, the Applicable Deferral Rate; and

  

  

  (ii)      for the period from (and including) the date (determined in accordance with Section 6(d)(ii)) on which that amount is payable
      to (but excluding) the date of actual payment:

  

  

  (1)      if a party fails to pay the Early Termination Amount due to the occurrence of an event or circumstance which would, if it
      occurred with respect to a payment or delivery under a Transaction, constitute or give rise to an Illegality or a Force Majeure Event, and for so long as the Early Termination Amount remains unpaid due to the continuing existence of such event or
      circumstance, the Applicable Deferral Rate;

  

  

  (2)      if the Early Termination Amount is payable by a Defaulting Party (but excluding any period in respect of which clause (1) above
      applies), the Default Rate;

  

  

  (3)      if the Early Termination Amount is payable by a Non-defaulting Party (but excluding any period in respect of which clause (1)
      above applies), the Non-default Rate; and

  

  

  (4)      in all other cases, the Termination Rate.

  

  

  “Applicable Deferral Rate” means:

  

  

  (a)      for the purpose of Section 9(h)(i)(3)(A), the rate certified by the relevant payer to be a rate offered to the payer by a major bank in a relevant
      interbank market for overnight deposits in the applicable currency, such bank to be selected in good faith by the payer for the purpose of obtaining a representative rate that will reasonably reflect conditions prevailing at the time in that relevant
      market;

  

  

  (b)      for purposes of Section 9(h)(i)(3)(B) and clause (a)(iii) of the definition of Applicable Close-out Rate, the rate certified by the relevant payer
      to be a rate offered to prime banks by a major bank in a relevant interbank market for overnight deposits in the applicable currency, such bank to be selected in good faith by the payer after consultation with the other party, if practicable, for the
      purpose of obtaining a representative rate that will reasonably reflect conditions prevailing at the time in that relevant market; and

  

  

  (c)      for purposes of Section 9(h)(i)(3)(C) and clauses (a)(iv), (b)(i)(3) and (b)(ii)(1) of the definition of Applicable Close-out Rate, a rate equal to
      the arithmetic mean of the rate determined pursuant to clause (a) above and a rate per annum equal to the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant
      amount.

  

  

  “Automatic Early Termination” has the meaning
      specified in Section 6(a).

  

  

  “Burdened Party” has the meaning specified in Section 5(b).(iv).

  

  

  “Change in Tax Law” means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs after the parties enter
      into the relevant Transaction.

  

  

  “Close-out Amount” means, with respect to each Terminated Transaction or each group of Terminated Transactions and a Determining Party, the amount of the losses or costs of the Determining Party that are or
      would be incurred under then prevailing circumstances (expressed as a positive number) or gains of the Determining Party that are or would be realized under then prevailing circumstances (expressed as a negative number) in replacing, or in providing
      for the Determining Party the economic equivalent of, (a) the material terms of that Terminated Transaction or group of Terminated Transactions, including the payments and deliveries by the parties under Section 2(a)(i) in respect of that Terminated
      Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that date (assuming satisfaction of the conditions precedent in Section

  
    21

    
      

  

  

  

  2(a)(iii)) and (b) the option rights of the parties in respect of that Terminated Transaction or group of Terminated Transactions.

  

  

  Any Close-out Amount will be determined by the Determining Party (or its agent), which will act in good faith and use commercially reasonable procedures in
      order to produce a commercially reasonable result.  The Determining Party may determine a Close-out Amount for any group of Terminated Transactions or any individual Terminated Transaction but, in the aggregate, for not less than all Terminated
      Transactions.  Each Close-out Amount will be determined as of the Early Termination Date or, if that would not be commercially reasonable, as of the date or dates following the Early Termination Date as would be commercially reasonable.

  

  

  Unpaid Amounts in respect of a Terminated Transaction or group of Terminated Transactions and legal fees and out-of-pocket expenses referred to in Section 11
      are to be excluded in all determinations of Close-out Amounts.

  

  

  In determining a Close-out Amount, the Determining Party may consider any relevant information, including, without limitation, one or more of the following
      types of information:

  

  

  (i)      quotations (either firm or indicative) for replacement transactions supplied by one or more third parties that may take into account the
      creditworthiness of the Determining Party at the time the quotation is provided and the terms of any relevant documentation, including credit support documentation, between the Determining Party and the third party providing the quotation;

  

  

  (ii)      information consisting of relevant market data in the relevant market supplied by one or more third parties including, without limitation, relevant
      rates, prices, yields, yield curves, volatilities, spreads, correlations or other relevant market data in the relevant market; or

  

  

  (iii)      information of the types described in clause (i) or (ii) above from internal sources (including any of the Determining Party’s Affiliates) if that
      information is of the same type used by the Determining Party in the regular course of its business for the valuation of similar transactions.

  

  

  The Determining Party will consider, taking into account the standards and procedures described in this definition, quotations pursuant to clause (i) above
      or relevant market data pursuant to clause (ii) above unless the Determining Party reasonably believes in good faith that such quotations or relevant market data are not readily available or would produce a result that would not satisfy those
      standards.  When considering information described in clause (i), (ii) or (iii) above, the Determining Party may include costs of funding, to the extent costs of funding are not and would not be a component of the other information being utilized. 
      Third parties supplying quotations pursuant to clause (i) above or market data pursuant to clause (ii) above may include, without limitation, dealers in the relevant markets, end-users of the relevant product, information vendors, brokers and other
      sources of market information.

  

  

  Without duplication of amounts calculated based on information described in clause (i), (ii) or (iii) above, or other relevant information, and when it is
      commercially reasonable to do so, the Determining Party may in addition consider in calculating a Close-out Amount any loss or cost incurred in connection with its terminating, liquidating or re-establishing any hedge related to a Terminated
      Transaction or group of Terminated Transactions (or any gain resulting from any of them).

  

  

  Commercially reasonable procedures used in determining a Close-out Amount may include the following:

  

  

  (1)      application to relevant market data from third parties pursuant to clause (ii) above or information from internal sources pursuant to clause (iii)
      above of pricing or other valuation models that are, at the time of the determination of the Close-out Amount, used by the Determining Party in the regular course of its business in pricing or valuing transactions between the Determining Party and
      unrelated third parties that are similar to the Terminated Transaction or group of Terminated Transactions; and

  

  

  (2)      application of different valuation methods to Terminated Transactions or groups of Terminated Transactions depending on the type, complexity, size
      or number of the Terminated Transactions or group of Terminated Transactions.

  
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  “Confirmation” has the meaning specified in the
      preamble.

  

  

  “consent” includes a consent, approval, action,
      authorization, exemption, notice, filing, registration or exchange control consent.

  

  

  “Contractual Currency” has the meaning
      specified in Section 8(a).

  

  

  “Convention Court” means any court which is
      bound to apply to the Proceedings either Article 17 of the 1968 Brussels Convention on Jurisdiction and the Enforcement of Judgments in Civil and Commercial Matters or Article 17 of the 1988 Lugano Convention on Jurisdiction and the Enforcement of
      Judgments in Civil and Commercial Matters.

  

  

  “Credit Event Upon Merger” has the meaning
      specified in Section 5(b).

  

  

  “Credit Support Document” means any agreement or
      instrument that is specified as such in this Agreement.

  

  

  “Credit Support Provider” has the meaning
      specified in the Schedule.

  

  

  “Cross-Default” means the event specified in
      Section 5(a)(vi).

  

  

  “Default Rate” means a rate per annum equal to
      the cost (without proof or evidence of any actual cost) to the relevant payee (as certified by it) if it were to fund or of funding the relevant amount plus 1% per annum.

  

  

  “Defaulting Party” has the meaning specified in
      Section 6(a).

  

  

  “Designated Event” has the meaning specified in
      Section 5(b)(v).

  

  

  “Determining Party” means the party determining
      a Close-out Amount.

  

  

  “Early Termination Amount” has the meaning
      specified in Section 6(e).

  

  

  “Early Termination Date” means the date
      determined in accordance with Section 6(a) or 6(b)(iv).

  

  

  “electronic messages” does not include e-mails
      but does include documents expressed in markup languages, and “electronic messaging system” will be construed accordingly.

  

  

  “English law” means the law of England and
      Wales, and “English” will be construed accordingly.

  

  

  “Event of Default” has the meaning specified in
      Section 5(a) and, if applicable, in the Schedule.

  

  

  “Force Majeure Event” has the meaning specified
      in Section 5(b).

      

    

  “General Business Day” means a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign
        currency deposits).

  

  

  “Illegality” has the meaning specified in
      Section 5(b).

  

  

  “Indemnifiable Tax” means any Tax other than a
      Tax that would not be imposed in respect of a payment under this Agreement but for a present or former connection between the jurisdiction of the government or taxation authority imposing such Tax and the recipient of such payment or a person related
      to such recipient (including, without limitation, a connection arising from such recipient or related person being or having been a citizen or resident of such jurisdiction, or being or having been organised, present or engaged in a trade or business
      in such jurisdiction, or having or having had a permanent establishment or fixed place of business in such jurisdiction, but excluding a connection arising solely from such recipient or related person having executed, delivered, performed its
      obligations or received a payment under, or enforced, this Agreement or a Credit Support Document).

  
    23

    
      

  

  

  

  

  

  “law” includes any treaty, law, rule or regulation (as modified, in the case of tax matters, by the practice of any relevant governmental revenue authority), and “unlawful” will be construed accordingly.

  

  

  “Local Business Day” means (a) in relation to any obligation under Section 2(a)(i), a General Business Day in the place or places specified in the
      relevant Confirmation and a day on which a relevant settlement system is open or operating as specified in the relevant Confirmation or, if a place or a settlement system is not so specified, as otherwise agreed by the parties in writing or determined pursuant to provisions contained, or incorporated by reference, in this Agreement, (b) for the purpose
      of determining when a Waiting Period expires, a General Business Day in the place where the event or circumstance that constitutes or gives rise to the Illegality or Force Majeure Event, as the case may be, occurs, (c) in relation to any other payment, a General Business Day in the place where the relevant account is located and, if different, in the principal
        financial centre, if any, of the currency of such payment and, if that currency does not have a single recognized principal financial centre, a day on which the settlement system necessary to accomplish such payment is open, (d) in relation to any notice or other communication, including notice contemplated under Section 5(a)(i), a General Business Day (or a day that would have been a General Business Day but for the occurrence of an event or circumstance which would, if it occurred with respect to payment, delivery or compliance related to a Transaction, constitute or give rise to an
      Illegality or a Force Majeure Event) in the place specified in the address for notice provided by the recipient and, in the case of a notice contemplated by Section  2(b), in the place where the relevant new account is to be located and (de)  in relation to Section  5(a)(v)(2), a General Business Day
      in the relevant locations for performance with respect to such Specified Transaction.

  

  

  “Local Delivery Day” means, for purposes of
      Sections 5(a)(i) and 5(d), a day on which settlement systems necessary to accomplish the relevant delivery are generally open for business so that the delivery is capable of being accomplished in accordance with customary market practice, in the
      place specified in the relevant Confirmation or, if not so specified, in a location as determined in accordance with customary market practice for the relevant delivery.

  

  

  “Master Agreement” has the meaning specified in
      the preamble.

  

  

  “Merger Without Assumption” means the event
      specified in Section 5(a)(viii).

  

  

  “Multiple Transaction Payment Netting” has the
      meaning specified in Section 2(c).

  

  

  “Non-affected Party” means, so long as there is
      only one Affected Party, the other party.

  

  

  “Non-default Rate” means the rate certified by
      the Non-defaulting Party to be a rate offered to the Non-defaulting Party by a major bank in a relevant interbank market for overnight deposits in the applicable currency, such bank to be selected in good faith by the Non-defaulting Party for the
      purpose of obtaining a representative rate that will reasonably reflect conditions prevailing at the time in that relevant market.

  

  

  “Non-defaulting Party” has the meaning specified
      in Section 6(a).

  

  

  “Office” means a branch or office of a party,
      which may be such party’s head or home office.

  

  

  “Other Amounts” has the meaning specified in
      Section 6(f).

  

  

  “Payee” has the meaning specified in Section
      6(f).

  

  

  “Payer” has the meaning specified in Section
      6(f).

  

  

  “Potential Event of Default” means any event
      which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  

  

  “Proceedings” has the meaning specified in
      Section 13(b).

  

  

  
    24

    
      

  

  

  

  “Process Agent” has the meaning specified in the Schedule.

  

  

  “rate of exchange” includes, without limitation, any premiums and costs of exchange payable in connection with the purchase of or conversion into the Contractual Currency.

  

  

  “Relevant Jurisdiction” means, with respect to a
      party, the jurisdictions (a) in which the party is incorporated, organised, managed and controlled or considered to have its seat, (b) where an Office through which the party is acting for purposes of this Agreement is located, (c) in which the party
      executes this Agreement and (d) in relation to any payment, from or through which such payment is made.

  

  

  “Schedule” has the meaning specified in the preamble.

  

  

  “Scheduled Settlement Date” means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  

  

  “Specified Entity” has the meaning specified in
      the Schedule.

  

  

  “Specified Indebtedness” means, subject to the Schedule, any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.

  

  

  “Specified Transaction” means, subject to the Schedule, (a) any transaction (including an agreement with respect to any such transaction) now existing or
        hereafter entered into between one party to this Agreement (or any Credit Support Provider of such party or any applicable Specified Entity of such party) and the other party to this Agreement (or any Credit Support Provider of such other party or
        any applicable Specified Entity of such other party) which is not a Transaction under this Agreement but (i) which is a rate swap transaction, swap option, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange
        transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, credit protection transaction, credit swap, credit default swap, credit default option,
      total return swap, credit spread transaction, repurchase transaction, reverse repurchase transaction, buy/sell-back transaction, securities lending transaction, weather index transaction or forward purchase or sale of a security, commodity or other
      financial instrument or interest (including any option with respect to any of these transactions) or (ii) which is a type of transaction that is similar to any transaction referred
      to in clause (i) above that is currently, or in the future becomes, recurrently entered into in the financial markets (including terms and conditions incorporated by reference in such agreement) and which is a forward, swap, future, option or other
      derivative on one or more rates, currencies, commodities, equity securities or other equity instruments, debt securities or other debt instruments, economic indices or measures of economic risk or value, or other benchmarks against which payments or
      deliveries are to be made, (b) any combination of these transactions and (c)  any other transaction identified as a
        Specified Transaction in this Agreement or the relevant confirmation.

  

  

  “Stamp Tax” means any stamp, registration,
      documentation or similar tax.

  

  

  “Stamp Tax Jurisdiction” has the meaning
      specified in Section 4(e).

  

  

  “Tax” means any present or future tax, levy,
      impost, duty, charge, assessment or fee of any nature (including interest, penalties and additions thereto) that is imposed by any government or other taxing authority in respect of any payment under this Agreement other than a stamp, registration,
      documentation or similar tax.

  

  

  “Tax Event” has the meaning specified in Section
      5(b).

  

  

  “Tax Event Upon Merger” has the meaning
      specified in Section 5(b).

  

  

  “Terminated Transactions” means, with respect to any Early Termination Date, (a) if resulting
        from an Illegality or a Force Majeure Event, all Affected Transactions specified in the notice given pursuant to Section 6(b)(iv), (b) if resulting from any other Termination
        Event, all Affected Transactions and (c) if resulting from an Event of Default, all

  
    25

    
      

  

  

  

  Transactions in effect either immediately before the effectiveness of the notice designating that Early Termination Date or, if Automatic Early Termination
      applies, immediately before that Early Termination Date.

  

  

  “Termination Currency” means (a) if a Termination Currency is specified in the Schedule and that currency is freely available, that currency, and (b) otherwise, Euro if this Agreement is expressed to be governed by English
      law or United States Dollars if this Agreement is expressed to be governed by the laws of the State of New York.

  

  

  “Termination Currency Equivalent” means, in respect of any amount denominated in the Termination Currency, such Termination Currency amount and, in respect of any amount denominated in a currency other than the Termination
        Currency (the “Other Currency”), the amount in the Termination Currency determined by the party making the relevant determination as being required to purchase such amount of such Other Currency as at the relevant Early Termination Date, or, if the
        relevant Close-out Amount is determined as of a later date, that later date, with the Termination Currency at the rate equal to the spot exchange rate of the foreign exchange
        agent (selected as provided below) for the purchase of such Other Currency with the Termination Currency at or about 11:00 a.m. (in the city in which such foreign exchange agent is located) on such date as would be customary for the determination
        of such a rate for the purchase of such Other Currency for value on the relevant Early Termination Date or that later date.  The foreign exchange agent will, if only one party is obliged to make a determination under Section 6(e), be selected in
        good faith by that party and otherwise will be agreed by the parties.

  

  

  “Termination Event” means an Illegality, a Force Majeure Event, a Tax Event, a Tax Event
        Upon Merger or, if specified to be applicable, a Credit Event Upon Merger or an Additional Termination Event.

  

  

  “Termination Rate” means a rate per annum equal
      to the arithmetic mean of the cost (without proof or evidence of any actual cost) to each party (as certified by such party) if it were to fund or of funding such amounts.

  

  

  “Threshold Amount” means the amount, if any,
      specified as such in the Schedule.

  

  

  “Transaction” has the meaning specified in the
      preamble.

  

  

  “Unpaid Amounts” owing to any party means, with respect to an Early Termination Date, the aggregate of (a) in respect of all Terminated Transactions, the amounts that became payable (or that would have become payable but for
        Section 2(a)(iii) or due but for Section 5(d)) to such party under Section 2(a)(i) or 2(d)(i)(4) on or prior
        to such Early Termination Date and which remain unpaid as at such Early Termination Date, (b) in respect of each Terminated Transaction, for each obligation under Section 2(a)(i)
        which was (or would have been but for Section  2(a)(iii) or 5(d)) required to be settled by delivery to such
        party on or prior to such Early Termination Date and which has not been so settled as at such Early Termination Date, an amount equal to the fair market value of that which was (or would have been) required to be delivered and (c) if the
      Early Termination Date results from an Event of Default, a Credit Event Upon Merger or an Additional Termination Event in respect of which all outstanding Transactions are Affected Transactions, any Early Termination Amount due prior to such Early
      Termination Date and which remains unpaid as

  of such Early Termination Date, in each case together with any amount of interest accrued or other compensation in respect of that obligation or deferred
      obligation, as the case may be, pursuant to Section 9(h)(ii)(1) or (2), as appropriate.  The fair market value of any obligation referred to in clause  (b) above will be determined as of the originally scheduled date for delivery, in good faith and
      using commercially reasonable procedures, by the party obliged to make the determination under Section 6(e) or, if each party is so obliged, it will be the average of the Termination Currency Equivalents of the fair market values so determined by
      both parties.

  

  

   “Waiting
        Period” means:

  

  

  (a)      in respect of an event or circumstance under Section 5(b)(i), other than in the case of Section 5(b)(i)(2) where the relevant payment, delivery or
      compliance is actually required on the relevant day (in which case no Waiting Period will apply), a period of three Local Business Days (or days that would have been Local Business Days but for the occurrence of that event or circumstance) following
      the occurrence of that event or circumstance; and

  

  

  (b)      in respect of an event or circumstance under Section 5(b)(ii), other than in the case of Section 5(b)(ii)(2) where

  
    26

    
      

  

  

  

  the relevant payment, delivery or compliance is actually required on the relevant day (in which case no Waiting Period will apply), a period of eight Local
      Business Days (or days that would have been Local Business Days but for the occurrence of that event or circumstance) following the occurrence of that event or circumstance.

  

  

  IN WITNESS WHEREOF, the parties have executed
      this document on the respective dates specified below with effect from the date specified on the first page of this document.

  

  

  

  

  
    	
            By:_____________________________________________________

          	
            By:_____________________________________________________

             

            

          
	
                     Name:_____________________________________________________

          	
                    Name:_____________________________________________________

             

            

          
	
                     Title:_____________________________________________________

          	
                    Title:_____________________________________________________

             

            

          

  

  

  

  

  

  

  

  

  

  

  

  
    27

    
      

  

  
  
    

      

      

      ISDA®

      International Swaps and Derivatives Association, Inc.

      SCHEDULE

      to the

      2002 Master Agreement

      dated as of __________________________________

        

      between _________________________________                                   and                _________________________________

      (“Party A”)                        (“Party B”)

      [established as a [COUNTERPARTY
            TYPE]]          [established as a [COUNTERPARTY TYPE]]

      [with company number
          [NUMBER]]                                                                                         [with company number [NUMBER]]

      [under the laws of
          [JURISDICTION]]                                                                                  [under the laws of [JURISDICTION]]

      [acting through its
          [BRANCH]]*                                              

                                                               [acting through its [BRANCH]]*

      Part 1. Termination Provisions.

      (a)            “Specified Entity” means in relation to Party A for the purpose of:―

      Section 5(a)(v),_________________________________                                                                                                            

        

      Section 5(a)(vi), _________________________________                                                                                                           

        

      Section 5(a)(vii), _________________________________                                                                                                           

        

      Section 5(b)(v), _________________________________                                                                                                           

        

      and in relation to Party B for the purpose of:―

      Section 5(a)(v),_________________________________

      Section 5(a)(vi),_________________________________

      Section 5(a)(vii),_________________________________

      Section 5(b)(v),_________________________________

      __________________________

      *            Include if applicable.

      

      

      
        28

        
          

      

      
      

      

      (b)                 “Specified Transaction” [will have the meaning specified in
          Section 14 of this Agreement.][means_________________________________

      ______________________________________________________________________________________________________________________]*

      (c)                The “Cross-Default” provisions of Section 5(a)(vi) [will][will not]* apply to Party A

      [will][will not]* apply to Party B

                     [“Specified Indebtedness” [will have the meaning specified in Section 14 of this Agreement.][means _________________________________
        ______________________________________________________________________________________________________________________]*

      

                      “Threshold Amount”
          means _________________________________
        ______________________________________________________________________________________________________________________]**

      

      (d)               The “Credit Event Upon Merger” provisions of Section 5(b)(v) [will][will not]* apply to Party A

      [will][will not]* apply to Party
          B

      (e)                The “Automatic Early Termination” provision of Section 6(a) [will][will not]* apply to Party A

      [will][will not]* apply to Party B

      (f)                “Termination Currency” [will have the meaning specified in Section 14 of this Agreement.][means _________________________________
        ______________________________________________________________________________________________________________________]*

      

      (g)                 Additional Termination Event [will][will not]* apply. [The following will constitute an Additional Termination Event:―_________________________________
        
          _________________________________________________________________________________________________________________________________________

          ___________________________________________________________________________________________________________________________________

        

      

                    For the purpose of the foregoing Termination Event, the Affected Party or Affected Parties will be:― ________________________________
        ______________________________________________________________________________________________________________________]***

      

      

        

      Part 2. Tax Representations.****

      
        
          	(a)	
                  Payer Representations. For the purpose of Section 3(e) of
                      this Agreement[, Party A and Party B do not make any representations.][:―

                

        

      

      [[(i)]        [Party A] [and] [Party B] [each] make[s] the following representation:―

      It is not required by any applicable law, as modified by the practice of any relevant
          governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 9(h) of this Agreement) to

      ________________

      *                                   Delete as applicable.

      **                                Include if Cross-Default will apply to either Party A or Party B.

      ***                             Include if Additional Termination Event will apply.

      ****                          N.B.: the following representations may need modification if either party is a Multibranch Party.

      

      

      
        29

        
          

      

      

      

      be made by it to the other party under this Agreement. In making this representation, it may rely on (i) the
          accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement, (ii) the satisfaction of the agreement contained in Section 4(a)(i) or 4(a)(iii) of this Agreement and the accuracy and effectiveness of any
          document provided by the other party pursuant to Section 4(a)(i) or 4(a)(iii) of this Agreement and (iii) the satisfaction of the agreement of the other party contained in Section 4(d) of this Agreement, except that it will not be a breach of
          this representation where reliance is placed on clause (ii) above and the other party does not deliver a form or document under Section 4(a)(iii) by reason of material prejudice to its legal or commercial position.]*

      [[(ii)]     [Party A] [and] [Party B] [each] make[s] the following representation[s]:―    ________________________________
                       ___________________________________________________________________________________________________
           

              

                         ___________________________________________________________________________________________________
             

                

                           ___________________________________________________________________________________________________]]*

          

        

      

      (b)          Payee Representations.
          For the purpose of Section 3(f) of this Agreement[, Party A and Party B do not

      make any representations.][:―

      [[(i)]                          [Party A] [and] [Party B] [each] make[s] the following representation:―

      It is fully eligible for the benefits of the “Business Profits” or “Industrial and Commercial Profits” provision,
          as the case may be, the “interest” provision or the “Other Income” provision, if any, of the Specified Treaty with respect to any payment described in such provisions and received or to be received by it in connection with this Agreement and no
          such payment is attributable to a trade or business carried on by it through a permanent establishment in the Specified Jurisdiction.

      “Specified
            Treaty” means with respect to Party A ___________________________________________

        

       

          

       “Specified

            Jurisdiction” means with respect to Party A ___________________________________________

       

          

      “Specified
            Treaty” means with respect to Party B ___________________________________________

       

          

      “Specified
            Jurisdiction” means with respect to Party B  ___________________________________________]*

      

          [[(ii)] [Party A] [and] [Party B] [each] make[s] the following representation:―

      Each payment received or to be received by it in connection with this Agreement will be effectively connected with
          its conduct of a trade or business in the Specified Jurisdiction.

      “Specified
            Jurisdiction” means with respect to Party A ___________________________________________

       

          

       “Specified

            Jurisdiction” means with respect to Party B  ___________________________________________]*

      

          [[(iii)] [Party A] [and] [Party B] [each] make[s] the following representation:―

      It is a “U.S. person” (as that term is used in section 1.1441-4(a)(3)(ii) of United States
          Treasury Regulations) for United States federal income tax purposes.]*

      __________________________

      *            Delete as applicable.

      

      

      
        30

        
          

      

      

      

      [[(iv)] [Party A] [and] [Party B] [each] make[s] the following representation:―

      It is a “non-U.S. branch of a foreign person” (as that term is used in section 1.1441-4(a)(3)(ii) of United
          States Treasury Regulations) for United States federal income tax purposes.]*

      [[(v)] [Party A] [and] [Party B] [each] make[s] the following representation:―

      With respect to payments made to an address outside the United States or made by a transfer of funds to an account
          outside the United States, it is a “non-U.S. branch of a foreign person” (as that term is used in section 1.1441-4(a)(3)(ii) of United States Treasury Regulations) for United States federal income tax purposes.]*

      [[(vi)] [Party A] [and] [Party B] [each] make[s] the following representation:―

      It is a “foreign person” (as that term is used in section 1.6041-4(a)(4) of United States Treasury Regulations)
          for United States federal income tax purposes.]*

      [[(vii)] [Party A] [and] [Party B] [each] make[s] the following representation[s]:―

      ______________________________________________________________________________________

      
        ______________________________________________________________________________________

         

          

        ______________________________________________________________________________________]]* 

         

      Part 3. Agreement to Deliver Documents.

      For the purpose of Sections 4(a)(i) and 4(a)(ii) of this Agreement, each party agrees to deliver the following documents, as
          applicable:―

      (a)            Tax forms, documents or certificates to be delivered are[: none][:―

      	
              Party required to deliver document

               

                

            	 	
              Form/Document/

                  Certificate

            	 	
              Date by which

                  to be delivered

            	 
	
               

               

              

            	 	 	 	 	 
	
               

               

              

            	 	 	 	 	 
	
               

               

              

            	 	 	 	 	 
	
               

               

              

            	 	 	 	 	
               

                

              ]*

            
	 	 	 	 	 
	 	 	 	 	 

      

      

      ___________________________

      *            Delete as applicable.

      

      

      
        31

        
          

      

      

      

      (b)            Other documents to be delivered are[: none][:―

       

          

      
        	
                Party required to deliver document

                 

                  

              	 	
                Form/Document/

                    Certificate

              	 	
                Date by which

                    to be delivered

              	 	
                 Covered by

                  

                Section 3(d)

                  

                Representation

                

                 

                  

                 [Yes][No]

              
	
                 

                 

                

              	 	 	 	 	 	[Yes][No]
	
                 

                 

                

              	 	 	 	 	 	[Yes][No]
	
                 

                 

                

              	 	 	 	 	 	[Yes][No]
	
                 

                 

                

              	 	 	 	 	

              	
                [Yes][No]]*

                 

                

              
	 	 	 	 	 
	 	 	 	 	 

      

      

      Part 4. Miscellaneous.

       

          

      
        
          	(a)	
                  Addresses for Notices. For the purpose of Section 12(a) of
                      this Agreement:― 

                  

                      Address for notices or communications to Party A:―

                

        

      

      Address:__________________________________________________________________________________

      Attention:________________________________________________________________________________________

      Telex No.:    ____________________________________________  Answerback: ____________________________________________

       

        

      Facsimile No.:      ____________________________________________ Telephone No.: 
          ____________________________________________

          

       

        

      E-mail:________________________________________________________________________________________

      Electronic Messaging System Details:________________________________________________________________________________________

      Specific Instructions:________________________________________________________________________________________

      Address for notices or communications to Party B:―

      Address:________________________________________________________________________________________

      Attention:________________________________________________________________________________________

      Telex No.:  ____________________________________________ Answerback:____________________________________________

       

        

      Facsimile No.:     ____________________________________________ Telephone No.: 
          ____________________________________________

          

       

        

      E-mail:________________________________________________________________________________________

      Electronic Messaging System Details:________________________________________________________________________________________

      Specific Instructions:________________________________________________________________________________________

       

        

      _____________________

          *            Delete as applicable.

      

      

      
        32

        
          

      

      

      

      (b)            Process Agent. For the purpose of Section 13(c) of this Agreement:―

      Party A appoints as its Process Agent: [not applicable][  _______________________________________]* 

          

      Party B appoints as its Process Agent: [not applicable][  _______________________________________]*

      (c)            Offices. The provisions of Section 10(a) [will][will not]* apply to this Agreement.

      (d)            Multibranch Party. For the purpose of Section 10(b) of this Agreement:―

      Party A [is not a Multibranch Party.][is a Multibranch Party and may enter into a
          Transaction through any of the following Offices:―

        ________________________    ______________________________    _________________________________

        ________________________    ______________________________    _________________________________]*

                   Party B [is not a Multibranch Party.][is a Multibranch Party and may enter into a Transaction through any of the following Offices: -

      

     

      

    ________________________    ______________________________    _________________________________

    
      

      

      ________________________    ______________________________    _________________________________]*

    

     

        

     

        

    
      	 	 
	
              [(e)

            	
              Calculation Agent. The

                  Calculation Agent is _______________________________________,

                      unless otherwise specified 

              in a Confirmation in relation to the relevant Transaction.]**

               

                  

            
	
              [(f)]

            	
              Credit Support Document.
                  Details of any Credit Support Document:― [none][_____________________________  

                  

            
	 	
                  ____________________________________________________________________________________________

            
	 	    ____________________________________________________________________________________________ 

            
	 	
                  ____________________________________________________________________________________________]* 

              

               

                

            
	
              [(g)]

            	
              Credit Support Provider.
                  Credit Support Provider means in relation to Party A, [none][

            
	 	    ____________________________________________________________________________________________ 

            
	 	     ____________________________________________________________________________________________]*
	 	
               

                

              Credit Support Provider means in relation to Party B, [none][

            
	 	
                   ____________________________________________________________________________________________

                  ____________________________________________________________________________________________]*

               

                

               

            
	 [(h)]  

              	
               Governing Law. This Agreement will be governed by and construed
                  in accordance with [English law][the laws of the State of New York 

               (without reference to choice of law doctrine)]*.

            

      

      

      

        

      ________________________

      *            Delete as applicable.

      **            Include if applicable.

      
        33

        
          

      

      
        
          	[(i)]	
                  Netting of Payments. “Multiple Transaction Payment Netting”
                      [will not apply for the purpose of Section 2(c) of this Agreement.][will apply for the purpose of Section 2(c) of this Agreement to [all

                

        

      

      Transactions][the following Transactions or groups of Transactions:―    _______________________________________

      __________________________________________________________________________________________________________________]

      (in each case starting from [the date of this Agreement][ ____________________________________________________________________________])]*

      [(j)]             “Affiliate” [will have the meaning specified in Section 14 of this Agreement.][means ______________________________________

      __________________________________________________________________________________________________________________]*

      [(k)]       Absence of
            Litigation. For the purpose of Section 3(c):―

      “Specified
            Entity” means in relation to Party A,  ____________________________________________________________________________

      “Specified
            Entity” means in relation to Party B,  ____________________________________________________________________________

      [(l)]             No Agency. The provisions of Section 3(g) [will][will not]* apply to this Agreement  

      [(m)]    Additional Representation [will][will not]* apply. [For the purpose of Section 3 of this Agreement, the following will
          constitute an Additional Representation:―

      [[(i)] Relationship

            Between Parties. Each party will be deemed to represent to the other party on the date on which it enters into a Transaction that (absent a written agreement between the parties that expressly imposes affirmative obligations to the
          contrary for that Transaction):―

      [(1)]     Non-Reliance. It is acting for its own account, and it has made its own independent decisions to enter into that Transaction and as to whether that Transaction is appropriate or proper for it based upon its own judgment and
          upon advice from such advisers as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into that Transaction, it being understood that
          information and explanations related to the terms and conditions of a Transaction will not be considered investment advice or a recommendation to enter into that Transaction. No communication (written or oral) received from the other party will
          be deemed to be an assurance or guarantee as to the expected results of that Transaction.

      [(2)]    Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that
          Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

      
          [(3)]       Status of Parties. The other party is not acting as a fiduciary for or an adviser to it in respect of that Transaction.]]*

      

      [[(n)]    Recording of Conversations. Each party (i) consents to the recording of telephone conversations between the trading, marketing and other relevant personnel of the parties in connection with this Agreement or any potential
          Transaction, (ii) agrees to obtain any necessary consent of, and give any necessary notice of such recording to, its relevant personnel and (iii) agrees, to the extent permitted by applicable law, that recordings may be submitted in evidence in
          any Proceedings.]**

       

        

       

        

      _____________________

      *            Delete as applicable.

      **            Include if applicable.

      

      

      
        34

        
          

      

      

      

      Part 5. Other Provisions.

       

      

      
        
          	
                   

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                   

                  

                

        

      

       

      

      

        

          

          

          _______________________________________________              ________________________________________________

        

                                          (Name of Party)                                                                     (Name of Party)

       

        

      

        	
                By:_____________________________________________________

              	
                By:_____________________________________________________

                 

                

              
	
                         Name:_____________________________________________________

              	
                        Name:_____________________________________________________

                 

                

              
	
                         Title:_____________________________________________________

              	
                        Title:_____________________________________________________

                 

                

              
	
                         Date:_____________________________________________________

              	
                        Date:_____________________________________________________

              

      

    

  

  

  

  

  

  

  

  

  

  

  

   

  

  
    35

    
      

  

   
    	
             (Bilateral Form)

          	
             (ISDA Agreements Subject to New York Law Only)

          

  

           

    

  ISDA®

  International Swaps and Derivatives Association, Inc.

  

  

  CREDIT SUPPORT ANNEX

  to the Schedule to the

  MASTER AGREEMENT

  

  

  dated as of

  between

  	 	 	 
	
          ..................................................................                           and                                            ............................................................   

            

        
	
          (“Party A”)

        	
           (“Party B”)

        	 
	
          This Annex supplements, forms part of, and is subject to, the above-referenced Agreement, is part of its Schedule and is a Credit Support Document
              under this Agreement with respect to each party.

              

            

        
	
          Accordingly, the parties agree as follows:

           

            

        
	
          Paragraph 1. Interpretation

           

            

        
	
          (a)      Definitions and Inconsistency. Capitalized terms not otherwise defined herein or elsewhere in this Agreement have the meanings specified pursuant to Paragraph 12, and all references in
              this Annex to Paragraphs are to Paragraphs of this Annex. In the event of any inconsistency between this Annex and the other provisions of this Schedule, this Annex will prevail, and in the event of any inconsistency
              between Paragraph 13 and the other provisions of this Annex, Paragraph 13 will prevail.

              

            

        
	
          (b)      Secured Party and Pledgor. All references in this Annex to the “Secured Party” will be to either party when acting in that capacity and all corresponding references to the “Pledgor”
              will be to the other party when acting in that capacity; provided, however, that if Other Posted Support is held by a party to this Annex, all
              references herein to that party as the Secured Party with respect to that Other Posted Support will be to that party as the beneficiary thereof and will not subject that support or that party as the beneficiary thereof to provisions
              of law generally relating to security interests and secured parties.

           

            

        
	
          Paragraph 2. Security Interest

           

            

        
	
          Each party, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party
              a first priority continuing security interest in, lien on and right of Set-off against all Posted Collateral Transferred to or received by the Secured Party hereunder. Upon the Transfer by the Secured Party to the Pledgor of Posted
              Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party.

        

  

  

  Paragraph 3. Credit Support Obligations

  (a)      Delivery Amount.
      Subject to Paragraphs 4 and 5, upon a demand made by the Secured Party on or promptly

  
    
      

  

  
  

  

  following a Valuation Date, if the Delivery Amount for that Valuation Date equals or exceeds the Pledgor’s Minimum Transfer Amount, then
      the Pledgor will Transfer to the Secured Party Eligible Credit Support having a Value as of the date of Transfer at least equal to the applicable Delivery Amount (rounded pursuant to Paragraph 13). Unless otherwise specified in Paragraph 13, the “Delivery Amount” applicable to the Pledgor for any Valuation Date will equal the amount by which:

  (i) the Credit Support Amount

  exceeds

  (ii) the Value as of that Valuation Date of all Posted Credit Support held by the Secured Party.

  (b)      Return Amount. Subject to Paragraphs 4 and 5, upon a demand made by the Pledgor on or promptly following a Valuation Date, if the Return Amount for that Valuation Date equals or
      exceeds the Secured Party’s Minimum Transfer Amount, then the Secured Party will Transfer to the Pledgor Posted Credit Support specified by the Pledgor in that demand having a Value as of the date of Transfer as close as practicable to the applicable
      Return Amount (rounded pursuant to Paragraph 13). Unless otherwise specified in Paragraph 13, the “Return Amount” applicable to the Secured
      Party for any Valuation Date will equal the amount by which:

  (i) the Value as of that Valuation Date of all Posted Credit Support held by the Secured Party

  exceeds

  (ii) the Credit Support Amount.

  “Credit Support Amount”
      means, unless otherwise specified in Paragraph 13, for any Valuation Date (i) the Secured Party’s Exposure for that Valuation Date plus (ii) the aggregate of all Independent Amounts applicable to the Pledgor, if any, minus (iii) all Independent
      Amounts applicable to the Secured Party, if any, minus (iv) the Pledgor’s Threshold; provided, however, that the Credit Support Amount will be deemed to
      be zero whenever the calculation of Credit Support Amount yields a number less than zero.

  Paragraph 4. Conditions Precedent, Transfer Timing, Calculations and Substitutions

  (a)      Conditions Precedent. Each Transfer obligation of the Pledgor under Paragraphs 3 and 5 and of the Secured Party under Paragraphs 3, 4(d)(ii), 5 and 6(d) is subject to the conditions
      precedent that:

  (i) no Event of Default, Potential Event of Default or Specified Condition has occurred and is continuing with
      respect to the other party; and

  (ii) no Early Termination Date for which any unsatisfied payment obligations exist has occurred or been designated as
      the result of an Event of Default or Specified Condition with respect to the other party.

  (b)      Transfer Timing. Subject to Paragraphs 4(a) and 5 and unless otherwise specified, if a demand for the Transfer of Eligible Credit Support or Posted Credit Support is made by the
      Notification Time, then the relevant Transfer will be made not later than the close of business on the next Local Business Day; if a demand is made after the Notification Time, then the relevant Transfer will be made not later than the close of
      business on the second Local Business Day thereafter.

  (c)      Calculations. All calculations of Value and Exposure for purposes of Paragraphs 3 and 6(d) will be made by the Valuation Agent as of the Valuation Time. The Valuation Agent will
      notify each party (or the other party, if the Valuation Agent is a party) of its calculations not later than the Notification Time on the Local Business Day following the applicable Valuation Date (or in the case of Paragraph 6(d), following the date
      of calculation).

  (d)      Substitutions.

  (i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party specifying the items of Posted

  
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  Credit Support to be exchanged, the Pledgor may, on any Local Business Day, Transfer to the Secured Party substitute
      Eligible Credit Support (the “Substitute Credit Support”); and

  (ii) subject to Paragraph 4(a), the Secured Party will Transfer to the Pledgor the items of Posted Credit Support
      specified by the Pledgor in its notice not later than the Local Business Day following the date on which the Secured Party receives the Substitute Credit Support, unless otherwise specified in Paragraph 13 (the “Substitution Date”); provided that the Secured Party will only be obligated to Transfer Posted Credit Support with a Value as of the date of Transfer of that Posted Credit Support equal
      to the Value as of that date of the Substitute Credit Support.

  Paragraph 5. Dispute Resolution

  If a party (a “Disputing Party”) disputes (I) the Valuation Agent’s calculation of a Delivery Amount or a Return Amount or (II) the
      Value of any Transfer of Eligible Credit Support or Posted Credit Support, then (1) the Disputing Party will notify the other party and the Valuation Agent (if the Valuation Agent is not the other party) not later than the close of business on the
      Local Business Day following (X) the date that the demand is made under Paragraph 3 in the case of (I) above or (Y) the date of Transfer in the case of (II) above, (2) subject to Paragraph 4(a), the appropriate party will Transfer the undisputed
      amount to the other party not later than the close of business on the Local Business Day following (X) the date that the demand is made under Paragraph 3 in the case of (I) above or (Y) the date of Transfer in the case of (II) above, (3) the parties
      will consult with each other in an attempt to resolve the dispute and (4) if they fail to resolve the dispute by the Resolution Time, then:

  (i) In the case of a dispute involving a Delivery Amount or Return Amount, unless otherwise specified
      in Paragraph 13, the Valuation Agent will recalculate the Exposure and the Value as of the Recalculation Date by:

  (A) utilizing any calculations of Exposure for the Transactions (or Swap Transactions) that the parties have agreed
      are not in dispute;

  (B) calculating the Exposure for the Transactions (or Swap Transactions) in dispute by seeking four actual
      quotations at mid-market from Reference Market-makers for purposes of calculating Market Quotation, and taking the arithmetic average of those obtained; provided
      that if four quotations are not available for a particular Transaction (or Swap Transaction), then fewer than four quotations may be used for that Transaction (or Swap Transaction); and if no quotations are available for a particular Transaction (or
      Swap Transaction), then the Valuation Agent’s original calculations will be used for that Transaction (or Swap Transaction); and

  (C) utilizing the procedures specified in Paragraph 13 for calculating the Value, if disputed, of Posted Credit
      Support.

  (ii) In the case of a dispute involving the Value of any Transfer of Eligible Credit Support or Posted
      Credit Support, the Valuation Agent will recalculate the Value as of the date of Transfer pursuant to Paragraph 13.

  Following a recalculation pursuant to this Paragraph, the Valuation Agent will notify each party (or the other party, if the Valuation
      Agent is a party) not later than the Notification Time on the Local Business Day following the Resolution Time. The appropriate party will, upon demand following that notice by the Valuation Agent or a resolution pursuant to (3) above and subject to
      Paragraphs 4(a) and 4(b), make the appropriate Transfer.

  

  

  Paragraph 6. Holding and Using Posted Collateral

  (a)      Care Of Posted
        Collateral. Without limiting the Secured Party’s rights under Paragraph 6(c), the Secured Party

  
    3

    
      

  

  

  

  will exercise reasonable care to assure the safe custody of all Posted Collateral to the extent required by applicable law, and in any
      event the Secured Party will be deemed to have exercised reasonable care if it exercises at least the same degree of care as it would exercise with respect to its own property. Except as specified in the preceding sentence, the Secured Party will
      have no duty with respect to Posted Collateral, including, without limitation, any duty to collect any Distributions, or enforce or preserve any rights pertaining thereto.

  (b)      Eligibility to Hold
        Posted Collateral; Custodians.

  (i) General.
      Subject to the satisfaction of any conditions specified in Paragraph 13 for holding Posted Collateral, the Secured Party will be entitled to hold Posted Collateral or to appoint an agent (a “Custodian”) to hold Posted Collateral for the Secured
      Party. Upon notice by the Secured Party to the Pledgor of the appointment of a Custodian, the Pledgor’s obligations to make any Transfer will be discharged by making the Transfer to that Custodian. The holding of Posted Collateral by a Custodian
      will be deemed to be the holding of that Posted Collateral by the Secured Party for which the Custodian is acting.

  (ii) Failure
        to Satisfy Conditions. If the Secured Party or its Custodian fails to satisfy any conditions for holding Posted Collateral, then upon a demand made by the Pledgor, the Secured Party will, not later than five Local Business Days after the
      demand, Transfer or cause its Custodian to Transfer all Posted Collateral held by it to a Custodian that satisfies those conditions or to the Secured Party if it satisfies those conditions.

  (iii) Liability.
      The Secured Party will be liable for the acts or omissions of its Custodian to the same extent that the Secured Party would be liable hereunder for its own acts or omissions.

  (c)      Use of Posted Collateral. Unless otherwise specified in Paragraph 13 and without limiting the rights and obligations of the parties under Paragraphs 3, 4(d)(ii), 5, 6(d) and 8, if the
      Secured Party is not a Defaulting Party or an Affected Party with respect to a Specified Condition and no Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Secured
      Party, then the Secured Party will, notwithstanding Section 9-207 of the New York Uniform Commercial Code, have the right

  to:

  (i) sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise dispose of, or otherwise use
      in its business any Posted Collateral it holds, free from any claim or right of any nature whatsoever of the Pledgor, including any equity or right of redemption by the Pledgor; and

  (ii) register any Posted Collateral in the name of the Secured Party, its Custodian or a nominee for either.

  For purposes of the obligation to Transfer Eligible Credit Support or Posted Credit Support pursuant to Paragraphs 3 and 5 and any
      rights or remedies authorized under this Agreement, the Secured Party will be deemed to continue to hold all Posted Collateral and to receive Distributions made thereon, regardless of whether the Secured Party has exercised any rights with respect to
      any Posted Collateral pursuant to (i) or (ii) above.

  (d)      Distributions and
        Interest Amount.

  (i) Distributions. Subject to Paragraph 4(a), if the Secured Party receives or is deemed to receive Distributions on a Local Business Day, it will Transfer to the Pledgor not later
      than the following Local Business Day any Distributions it receives or is deemed to receive to the extent that a Delivery Amount would not be created or increased by that Transfer, as calculated by the Valuation Agent (and the date
      of calculation will be deemed to be a Valuation Date for this purpose).

   (ii) Interest
        Amount. Unless otherwise specified in Paragraph 13 and subject to Paragraph 4(a), in lieu of any interest, dividends or other amounts paid or deemed to
      have been paid with respect to Posted Collateral in the form of Cash (all of which may be retained by the Secured Party), the Secured Party will Transfer to the Pledgor at the times specified in Paragraph 13 the Interest Amount to the extent that
      a Delivery Amount would not be created or increased by that Transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed to be a Valuation Date for this purpose). The Interest Amount or portion thereof not Transferred
      pursuant to this Paragraph will constitute Posted Collateral in the form of Cash and will be subject to the security interest granted under Paragraph 2.

  
    4

    
      

  

  

  

  Paragraph 7. Events of Default

  For purposes of Section 5(a)(iii)(l) of this Agreement, an Event of Default will exist with respect to a party if:

  (i) that party fails (or fails to cause its Custodian) to make, when due, any Transfer of Eligible Collateral, Posted
      Collateral or the Interest Amount, as applicable, required to be made by it and that failure continues for two Local Business Days after notice of that failure is given to that party;

  (ii) that party fails to comply with any restriction or prohibition specified in this Annex with respect to
      any of the rights specified in Paragraph 6(c) and that failure continues for five Local Business Days after notice of that failure is given to that party; or

  (iii) that party fails to comply with or perform any agreement or obligation other than those specified
      in Paragraphs 7(i) and 7(ii) and that failure continues for 30 days after notice of that failure is given to that party.

  Paragraph 8. Certain Rights and Remedies

  (a)      Secured Party’s Rights
        and Remedies. If at any time (1) an Event of Default or Specified Condition with respect to the Pledgor has occurred and is continuing or (2) an Early
      Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Pledgor, then, unless the Pledgor has paid in full all of its Obligations that are then due, the Secured Party may
      exercise one or more of the following rights and remedies:

  (i) all rights and remedies available to a secured party under applicable law with respect to Posted Collateral held
      by the Secured Party;

  (ii) any other rights and remedies available to the Secured Party under the terms of Other Posted Support, if any;

  (iii) the right to Set-off any amounts payable by the Pledgor with respect to any Obligations against any Posted
      Collateral or the Cash equivalent of any Posted Collateral held by the Secured Party (or any obligation of the Secured Party to Transfer that Posted Collateral); and

  (iv) the right to liquidate any Posted Collateral held by the Secured Party through one or more public
      or private sales or other dispositions with such notice, if any, as may be required under applicable law, free from any claim or right of any nature whatsoever of the Pledgor, including any equity or right of redemption by the Pledgor (with the
      Secured Party having the right to purchase any or all of the Posted Collateral to be sold) and to apply the proceeds (or the Cash equivalent thereof) from the liquidation of the Posted Collateral to any amounts payable by the Pledgor with respect to
      any Obligations in that order as the Secured Party may elect.

  Each party acknowledges and agrees that Posted Collateral in the form of securities may decline speedily in value and is of a type
      customarily sold on a recognized market, and, accordingly, the Pledgor is not entitled to prior notice of any sale of that Posted Collateral by the Secured Party, except any notice that is required under applicable law and cannot be waived.

   (b)      Pledgor’s Rights and
        Remedies. If at any time an Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with
      respect to the Secured Party, then (except in the case of an Early Termination Date relating to less than all Transactions (or Swap Transactions) where the Secured Party has paid in full all of its obligations that are then due under Section 6(e) of
      this Agreement):

  (i) the Pledgor may exercise all rights and remedies available to a pledgor under applicable law with
      respect to Posted Collateral held by the Secured Party;

  (ii) the Pledgor may exercise any other rights and remedies available to the Pledgor under the terms of
      Other Posted Support, if any;

  
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  (iii) the Secured Party will be obligated immediately to Transfer all Posted Collateral and the Interest Amount to
      the Pledgor; and

  (iv) to the extent that Posted Collateral or the Interest Amount is not so Transferred pursuant to (iii) above, the
      Pledgor may:

  (A) Set-off any amounts payable by the Pledgor with respect to any Obligations against any Posted Collateral or the
      Cash equivalent of any Posted Collateral held by the Secured Party (or any obligation of the Secured Party to Transfer that Posted Collateral); and

  (B) to the extent that the Pledgor does not Set-off under (iv)(A) above, withhold payment of any remaining amounts
      payable by the Pledgor with respect to any Obligations, up to the Value of any remaining Posted Collateral held by the Secured Party, until that Posted Collateral is Transferred to the Pledgor.

  (c)      Deficiencies and Excess
        Proceeds. The Secured Party will Transfer to the Pledgor any proceeds and Posted Credit Support remaining after liquidation, Set-off and/or application
      under Paragraphs 8(a) and 8(b) after satisfaction in full of all amounts payable by the Pledgor with respect to any Obligations; the Pledgor in all events will remain liable for any amounts remaining unpaid after any liquidation, Set-off and/or
      application under Paragraphs 8(a) and 8(b).

  (d)      Final Returns. When no amounts are or thereafter may become payable by the Pledgor with respect to any Obligations (except for any potential liability under Section 2(d) of this
      Agreement), the Secured Party will Transfer to the Pledgor all Posted Credit Support and the Interest Amount, if any.

  Paragraph 9. Representations

  Each party represents to the other party (which representations will be deemed to be repeated as of each date on which it, as the
      Pledgor, Transfers Eligible Collateral) that:

  (i) it has the power to grant a security interest in and lien on any Eligible Collateral it Transfers as the Pledgor
      and has taken all necessary actions to authorize the granting of that security interest and lien;

  (ii) it is the sole owner of or otherwise has the right to Transfer all Eligible Collateral it Transfers to the
      Secured Party hereunder, free and clear of any security interest, lien, encumbrance or other restrictions other than the security interest and lien granted under Paragraph 2;

  (iii) upon the Transfer of any Eligible Collateral to the Secured Party under the terms of this Annex, the Secured
      Party will have a valid and perfected first priority security interest therein (assuming that any central clearing corporation or any third-party financial intermediary or other entity not within the control of the Pledgor involved in the Transfer of
      that Eligible Collateral gives the notices and takes the action required of it under applicable law for perfection of that interest); and

  (iv) the performance by it of its obligations under this Annex will not result in the creation of any security interest, lien or other
      encumbrance on any Posted Collateral other than the security interest and lien granted under Paragraph 2.

  

  

  Paragraph 10. Expenses

  (a)      General. Except as otherwise provided in Paragraphs 10(b) and 10(c), each party will pay its own costs and expenses in connection with performing its obligations under this
      Annex and neither party will be liable for any costs and expenses incurred by the other party in connection herewith.

  (b)       Posted Credit Support. The Pledgor will promptly pay when due all taxes, assessments or charges of any nature that are imposed with respect to Posted Credit Support held by the Secured
      Party upon becoming  aware of the same, regardless of whether any portion of that Posted Credit Support is subsequently disposed of under Paragraph 6(c), except for those taxes, assessments and charges that result from the exercise of the Secured
      Party’s rights under Paragraph 6(c).

  
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  (c)      Liquidation/Application
        of Posted Credit Support. All reasonable costs and expenses incurred by or on behalf of the Secured Party or the Pledgor in connection with the
      liquidation and/or application of any Posted Credit Support under Paragraph 8 will be payable, on demand and pursuant to the Expenses Section of this Agreement, by the Defaulting Party or, if there is no Defaulting Party, equally by the parties.

  Paragraph 11. Miscellaneous

  (a)      Default Interest. A Secured Party that fails to make, when due, any Transfer of Posted Collateral or the Interest Amount will be obligated to pay the Pledgor (to the extent
      permitted under applicable law) an amount equal to interest at the Default Rate multiplied by the Value of the items of property that were required to be Transferred, from (and including) the date that Posted Collateral or Interest Amount
      was required to be Transferred to (but excluding) the date of Transfer of that Posted Collateral or Interest Amount. This interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

  (b)      Further Assurances. Promptly following a demand made by a party, the other party will execute, deliver, file and record any financing statement, specific assignment or other document
      and take any other action that may be necessary or desirable and reasonably requested by that party to create, preserve, perfect or validate any security interest or lien granted under Paragraph 2, to enable that party to exercise or enforce its
      rights under this Annex with respect to Posted Credit Support or an Interest Amount or to effect or document a release of a security interest on Posted Collateral or an Interest Amount.

  (c)      Further Protection. The Pledgor will promptly give notice to the Secured Party of, and defend against, any suit, action, proceeding or lien that involves Posted Credit Support
      Transferred by the Pledgor or that could adversely affect the security interest and lien granted by it under Paragraph 2, unless that suit, action, proceeding or lien results from the exercise of the Secured Party’s rights under Paragraph 6(c).

  (d)      Good Faith and
        Commercially Reasonable Manner. Performance of all obligations under this Annex, including, but not limited to, all calculations, valuations and
      determinations made by either party, will be made in good faith and in a commercially reasonable manner.

  (e)      Demands and Notices. All demands and notices made by a party under this Annex will be made as specified in the Notices Section of this Agreement, except as otherwise provided in
      Paragraph 13.

  (f)      Specifications of
        Certain Matters. Anything referred to in this Annex as being specified in Paragraph 13 also may be specified in one or more Confirmations or other
      documents and this Annex will be construed accordingly.

  

  

  

  

  

  

  Paragraph 12. Definitions as Used in this Annex:

  As used in this Annex:

  “Cash” means the lawful
      currency of the United States of America.

  “Credit Support Amount” has
      the meaning specified in Paragraph 3.

  “Custodian” has the meaning
      specified in Paragraphs 6(b)(i) and 13.

  
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  “Delivery Amount” has the
      meaning specified in Paragraph 3(a).

  “Disputing Party” has the
      meaning specified in Paragraph 5.

  “Distributions” means with
      respect to Posted Collateral other than Cash, all principal, interest and other payments and distributions of cash or other property with respect thereto, regardless of whether the Secured Party has disposed of that Posted Collateral under Paragraph
      6(c). Distributions will not include any item of property acquired by the Secured Party upon any disposition or liquidation of Posted Collateral or, with respect to any Posted Collateral in the form of Cash, any distributions on that collateral,
      unless otherwise specified herein.

  “Eligible Collateral”
      means, with respect to a party, the items, if any, specified as such for that party in Paragraph 13.

  “Eligible Credit Support”
      means Eligible Collateral and Other Eligible Support.

  “Exposure” means for any
      Valuation Date or other date for which Exposure is calculated and subject to Paragraph 5 in the case of a dispute, the amount, if any, that would be payable to a party that is the Secured Party by the other party (expressed as a positive number) or
      by a party that is the Secured Party to the other party (expressed as a negative number) pursuant to Section 6(e)(ii)(2)(A) of this Agreement as if all Transactions (or Swap Transactions) were being terminated as of the relevant Valuation Time; provided that Market Quotation will be determined by the Valuation Agent using its estimates at mid-market of the amounts that would be paid
      for Replacement Transactions (as that term is defined in the definition of “Market Quotation”).

  “Independent Amount” means,
      with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  “Interest Amount” means, with respect to an Interest Period, the aggregate sum of the amounts of interest calculated for each day in that Interest Period on the
      principal amount of Posted Collateral in the form of Cash held by the Secured Party on that day, determined by the Secured Party for each such day as follows:

  (x) the amount of that Cash on that day; multiplied by

  (y) the Interest Rate in effect for that day; divided by

  (z) 360.

  “Interest Period” means the
      period from (and including) the last Local Business Day on which an Interest Amount was Transferred (or, if no Interest Amount has yet been Transferred, the Local Business Day on which Posted Collateral in the form of Cash was Transferred to or
      received by the Secured Party) to (but excluding) the Local Business Day on which the current Interest Amount is to be Transferred.

  “Interest Rate” means the
      rate specified in Paragraph 13.

  “Local Business Day,”
      unless otherwise specified in Paragraph 13, has the meaning specified in the Definitions Section of this Agreement, except that references to a payment in clause (b) thereof will be deemed to include a Transfer under this Annex.

   “Minimum Transfer Amount”
      means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  “Notification Time” has the
      meaning specified in Paragraph 13.

  “Obligations” means, with
      respect to a party, all present and future obligations of that party under this Agreement and any additional obligations specified for that party in Paragraph 13.

  “Other Eligible Support”
      means, with respect to a party, the items, if any, specified as such for that party in Paragraph 13.

  “Other Posted Support” means
      all Other Eligible Support Transferred to the Secured Party that remains in effect

  
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  for the benefit of that Secured Party.

  “Pledgor” means either
      party, when that party (i) receives a demand for or is required to Transfer Eligible Credit Support under Paragraph 3(a) or (ii) has Transferred Eligible Credit Support under Paragraph 3(a).

  “Posted Collateral” means
      all Eligible Collateral, other property, Distributions, and all proceeds thereof that have been Transferred to or received by the Secured Party under this Annex and not Transferred to the Pledgor pursuant to Paragraph 3(b), 4(d)(ii) or 6(d)(i) or
      released by the Secured Party under Paragraph 8. Any Interest Amount or portion thereof not Transferred pursuant to Paragraph 6(d)(ii) will constitute Posted Collateral in the form of Cash.

  “Posted Credit Support”
      means Posted Collateral and Other Posted Support.

  “Recalculation Date” means
      the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to
      the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  “Resolution Time” has the
      meaning specified in Paragraph 13.

  “Return Amount” has the
      meaning specified in Paragraph 3(b).

  “Secured Party” means either
      party, when that party (i) makes a demand for or is entitled to receive Eligible Credit Support under Paragraph 3(a) or (ii) holds or is deemed to hold Posted Credit Support.

  “Specified Condition” means,
      with respect to a party, any event specified as such for that party in Paragraph 13.

  “Substitute Credit Support”
      has the meaning specified in Paragraph 4(d)(i).

  “Substitution Date” has the
      meaning specified in Paragraph 4(d)(ii).

  “Threshold” means, with
      respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  “Transfer” means, with
      respect to any Eligible Credit Support, Posted Credit Support or Interest Amount, and in accordance with the instructions of the Secured Party, Pledgor or Custodian, as applicable:

  (i) in the case of Cash, payment or delivery by wire transfer into one or more bank accounts specified
      by the recipient;

  (ii) in the case of certificated securities that cannot be paid or delivered by book-entry, payment or
      delivery in appropriate physical form to the recipient or its account accompanied by any duly executed instruments of transfer, assignments in blank, transfer tax stamps and any other documents necessary to constitute a legally valid transfer to the
      recipient;

  (iii) in the case of securities that can be paid or delivered by book-entry, the giving of written instructions to the
      relevant depository institution or other entity specified by the recipient, together with a written copy thereof to the recipient, sufficient if complied with to result in a legally effective transfer of the relevant interest to the recipient; and

  (iv) in the case of Other Eligible Support or Other Posted Support, as specified in Paragraph 13.

   

    

   “Valuation Agent” has the
      meaning specified in Paragraph 13.

  “Valuation Date” means each
      date specified in or otherwise determined pursuant to Paragraph 13.

  “Valuation Percentage”
      means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.

  “Valuation Time” has the
      meaning specified in Paragraph 13.

  “Value” means for any
      Valuation Date or other date for which Value is calculated and subject to Paragraph 5 in the case of a dispute, with respect to:

    

    

    (i) Eligible Collateral or Posted Collateral that is:

    (A) Cash, the amount thereof, and

    (B) A security, the bid price obtained by the Valuation Agent multiplied by the applicable Valuation Percentage,
        if any;

    (ii) Posted Collateral that consists of items that are not specified as Eligible Collateral, zero; and

    (iii) Other Eligible Support and Other Posted Support, as specified in Paragraph 13.

     

      

     

  

  

    

    

  
    9

    
      

  

  
    Paragraph 13. Elections and Variables

    (a)            Security Interest for “Obligations”. The term “Obligations” as used in this Annex includes the following additional obligations:

    With respect to Party A:                                                                                                                

    With respect to Party B:                                                                                                                

    (b)            Credit Support Obligations.

    (i)            Delivery Amount, Return Amount and Credit Support Amount.

    (A) “Delivery
          Amount” has the meaning specified in Paragraph 3(a), unless otherwise specified here:  

    (B) “Return
          Amount” has the meaning specified in Paragraph 3(b), unless otherwise specified here:  

    (C) “Credit
          Support Amount” has the meaning specified in Paragraph 3, unless otherwise specified here:  

    (ii)            Eligible Collateral. The following items will qualify as “Eligible Collateral” for the party specified:

    	 	 	 	
            Party A

          	
            Party B

          	
            Valuation Percentage

             

              

          
	 	
            (A)

          	
            Cash

          	
            [ ]

          	
            [ ]

          	
            [ ] %

             

              

          
	 	
            (B)

          	
            negotiable debt obligations issued by the U.S. Treasury Department having an original maturity at issuance of not more than one year (“Treasury
                Bills”)

          	
            [ ]

          	
            [ ]

          	
            [ ] %

          
	 	 	 	 	 	 
	 	
            (C)

          	
            negotiable debt obligations issued by the U.S. Treasury Department having an original maturity at issuance of more than one year but not more than 10
                years (“Treasury Notes”)

          	
            [ ]

          	
            [ ]

          	
            [ ] %

          
	 	 	 	 	 	 
	 	
            (D)

          	
            negotiable debt obligations issued by the U.S. Treasury Department having an original maturity at issuance of more than 10 years (“Treasury Bonds”)

          	
            [ ]

          	
            [ ]

          	
            [ ] %

          
	 	 	 	 	 	 
	 	
            (E)

          	
            other:

          	
            [ ]

          	
            [ ]

          	
            [ ] %

          

     

      

    (iii)                          Other Eligible Support. The following items will qualify as “Other Eligible Support” for the party specified:

    	 	 	
            Party A

          	
            Party B

          
	 	
            (A)

          	
            [

          	
            ]

          	
            [

          	
            ]

          
	 	
            (B)

          	
            [

          	
            ]

          	
            [

          	
            ]

          

    

    

    
      10

      
        

    

    (iv)  Thresholds.

    
      
        	

              	(A)	
                “Independent Amount” means with respect to Party A: $

              

      

    

                   
          “Independent Amount” means with respect to Party B: $  

    (B)                     “Threshold” means with respect to Party A: $  

                   
          “Threshold” means with respect to Party B: $  

    
      
        	

              	(C)	
                “Minimum Transfer Amount” means with respect to Party A: $

              

      

    

                   
          “Minimum Transfer Amount” means with respect to Party B: $  

    
      
        	

              	(D)	
                Rounding. The Delivery Amount and the Return Amount will be rounded [down to the
                    nearest integral multiple of $. . . . /up and down to the nearest integral multiple of $. . . ., respectively*].

              

      

    

    (c)            Valuation and Timing.

    (i)            “Valuation Agent” means, for purposes of Paragraphs 3 and 5, the party making the
        demand under Paragraph 3, and, for purposes of Paragraph 6(d), the Secured Party receiving or deemed to receive the Distributions or the Interest Amount, as applicable, unless otherwise specified here: 

    (ii)            “Valuation Date” means:                                                                                                                

    (iii)           “Valuation Time” means:

    
      
        	

              	[   ]	
                the close of business in the city of the Valuation Agent on the Valuation Date or date of calculation, as applicable;

              

      

    

    
      
        	

              	[   ]	
                the close of business on the Local Business Day before the Valuation Date or date of calculation, as applicable;

              

      

    

    provided that the
        calculations of Value and Exposure will be made as of approximately the same time on the same date.

    (iv)              “Notification Time” means 1:00 p.m., New York time, on a Local Business Day,
        unless otherwise specified here:  

    (d)            Conditions Precedent and Secured Party’s Rights and Remedies. The following Termination Event(s) will be
        a “Specified Condition” for the party specified (that party being the Affected Party if the Termination Event occurs with respect to that
        party):

    	 	
            Party A

          	
            Party B

          
	
            Illegality

          	
            [  ]

          	
            [  ]

          
	
            Tax Event

          	
            [  ]

          	
            [  ]

          
	
            Tax Event Upon Merger

          	
            [  ]

          	
            [  ]

          
	
            Credit Event Upon Merger

          	
            [  ]

          	
            [  ]

          
	
            Additional Termination Event(s):1

          	 	 
	             ___________________________________________

          	
            [  ]

          	
            [  ]

          
	             ___________________________________________	
            [  ]

          	
            [  ]

          

    

    

    ______________________

    *            Delete as applicable.

    1            If the parties elect to designate an Additional Termination Event as a “Specified Condition”, then they should only designate one or more Additional Termination Events that are designated as such in their
        Schedule.

    

    

    
      11

      
        

    

    (e)            Substitution.

    (i)            “Substitution Date” has the meaning specified in Paragraph 4(d)(ii), unless
        otherwise specified here:  ______________________________________________________________

    (ii)            Consent. If specified here as applicable, then the Pledgor must obtain the
        Secured Party’s consent for any substitution pursuant to Paragraph 4(d): [applicable/inapplicable *]2

    (f)            Dispute Resolution.

    (i)            “Resolution Time” means 1:00 p.m., New York time, on the Local Business Day
        following the date on which the notice is given that gives rise to a dispute under Paragraph 5, unless otherwise specified here: ____________________________________________________________________________________________________________________________

    (ii)            Value. For the purpose of Paragraphs 5(i)(C) and 5(ii), the Value of Posted
        Credit Support will be calculated as follows: ______________________________________________________________

    (iii)          Alternative. The provisions of Paragraph 5 will apply, unless an alternative
        dispute resolution procedure is specified here:  ______________________________________________________________

    (g)            Holding and Using Posted Collateral.

    (i)            Eligibility to Hold Posted Collateral; Custodians. Party A and its Custodian will
        be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:

    (1)                  Party A is not a Defaulting Party.

    (2)                  Posted Collateral may be held only in the following jurisdictions:  ______________________________________________________________

    (3)                 ____________________________________________________________________________________________________________________________ 

    Initially, the Custodian for Party A is _________________________________________________________________________________________                                                                                                                                                            

      

    Party B and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:

    (1)                  Party B is not a Defaulting Party.

    (2)                  Posted Collateral may be held only in the following jurisdictions:  ______________________________________________________________

    (3)                  ____________________________________________________________________________________________________________________________

    Initially, the Custodian for Party B is                                                                                                                                                                  

    (ii)            Use of Posted Collateral. The provisions of Paragraph 6(c)  will not apply to the [party/parties * ] specified here:

    [  ]  Party A

        [  ]  Party B

    and [that party/those parties * ] will not be permitted to:  ____________________________________________________________________________________________________________________________

    ____________________

    *Delete as applicable. 

    2 Parties should consider selecting “applicable” where
        substitution without consent could give rise to a registration requirement to perfect properly the security interest in Posted Collateral (e.g., where a
        party to the Annex is the New York branch of an English bank).

    
      12

      
        

    

    

    

    (h)            Distributions and Interest Amount.

    (i)            Interest Rate. The “Interest Rate” will be:______________________________________________________________

    (ii)            Transfer of Interest Amount. The Transfer of the Interest Amount will be made on
        the last Local Business Day of each calendar month and on any Local Business Day that Posted Collateral in the form of Cash is Transferred to the Pledgor pursuant to Paragraph 3 (b), unless otherwise specified here: ...

    (iii)           Alternative to Interest Amount. The provisions of Paragraph 6(d)(ii) will apply,
        unless otherwise specified here:  __________________________________________________________________________________________________________________________________________________________________________________________

    (i)            Additional Representation(s).

    [Party A/Party B*] represents to the other party (which representation(s) will be deemed to be repeated as of each date on which it, as
        the Pledgor, Transfers Eligible Collateral)that:

    (i)            ____________________________________________________________________________________________________________________________

    (ii)           ____________________________________________________________________________________________________________________________ 

    (j)            Other Eligible Support and Other Posted Support  

    (i)            “Value” with respect to Other Eligible Support and Other Posted Support means:  ____________________________________________

    (ii)            “Transfer” with respect to Other Eligible Support and Other Posted Support means: ______________________________________________________________

    (k) Demands and
          Notices.

    All demands, specifications and notices under this Annex will be made pursuant to the Notices Section of this Agreement, unless otherwise
        specified here:

    Party A:           ____________________________________________________________________________________________________________________________

    ____________________________________________________________________________________________________________________________                            

      

    Party B:            ____________________________________________________________________________________________________________________________

    ____________________________________________________________________________________________________________________________                           

      

    (l)            Addresses for Transfers.

    Party A:   ____________________________________________________________________________________________________________________________
      

      

      ____________________________________________________________________________________________________________________________

    Party B:         ____________________________________________________________________________________________________________________________

    ____________________________________________________________________________________________________________________________                              

      

    (m)                          Other Provisions.

     

      

    ______________________

    *Delete as applicable. 

    

    

    

    

    

    

  

  
     

  

  13

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