Document:

Employment Agreement between West Corporation and Steven M. Stangl

 Exhibit 10.05 
 

 
  

			
	 To:
	  	Steven M. Stangl
	 From:
	  	West Corp. Comp. Committee
	 Date:
	  	March 7, 2007
		
	 Re:
	  	2007 Compensation Plan – Exhibit A

 The compensation plan for 2007 while you are employed by West
Corporation as President of West Communication Services (West Telemarketing, LP, West Business Services, LP, West Interactive Corporation, West Direct, Inc.) is outlined below: 
  

	1.	Your base salary will be $400,000. Should you elect to voluntarily terminate your employment, you will be compensated for your services as an employee through the date of your
actual termination per your Employment Agreement. 

  

	2.	You will also be eligible to earn up to $350,000 for achieving Net Operating Income before corporate allocations as outlined on your Schedule A (“Bonus NOI”) for the
Communication Services division. The percent of plan objective achieved will apply to the bonus calculation, but will not exceed a total of $350,000. Up to $65,625 of this bonus will be available to be paid quarterly and trued up annually.

  

	3.	You are also eligible to receive a bonus for Bonus NOI in excess of the above objective. The bonus will be calculated by multiplying the excess Bonus NOI income times .02. This
bonus will be calculated at the end of the 2007 plan year and will be paid no later than February 28, 2008. 

  

	4.	In addition, if West Corporation achieves its 2007 Adjusted EBITDA objective, you will be eligible to receive an additional one-time bonus of $100,000. This bonus is not to be
combined or netted together with any other bonus set forth in this agreement. 

  

	 5.
	 You will be paid the amount due for any quarterly bonuses within thirty (30) days after the quarter ends, except
for the 4th Quarter and annual true-up amounts, which will be paid no later than February 28, 2008.

  

	6.	All objectives are based upon West Corporation operations (including TeleVox and CenterPost) and will not include income derived from other mergers, acquisitions, joint ventures,
stock buy backs or other non-operating income unless specifically and individually approved by West Corporation’s Compensation Committee. 

  

	7.	At the discretion of executive management, you may also receive an additional bonus based on your individual performance. This bonus is not to be combined or netted together with
any other bonus set forth in this agreement. 

  

	8.	The benefit plans, as referenced in Section 7(i), shall include insurance plans based upon eligibility pursuant to the plans. If the insurance plans do not provide for
continued participation, the continuation of benefits shall be pursuant to COBRA. In the event Employee’s benefits continue pursuant to COBRA and Employee accepts new employment during the consulting term, Employee may continue benefits
thereafter to the extent allowed under COBRA. In no event shall benefits plans include the 401K Plan or the West Corp. 2006 Executive Incentive Plan. 

  

	
	 /s/    Steven M.
Stangl        

	Employee – Steven M. StanglForm of Redraw Facility Agreement

 Exhibit 10.2 
  

			
		 	 Series [*] WST Trust Redraw
 Facility Agreement

		 	  
  
  
 [*]
 (Trustee)
  
 [*]
 (Redraw Facility Provider)
  
 Westpac Securitisation Management Pty Limited
  
 (Trust
Manager)

		 	  
  
 Allens Arthur Robinson
 Deutsche Bank Place
 Corner Hunter and Phillip Streets
 Sydney NSW 2000
 Tel 61 2 9230 4000
 Fax 61 2 9230 5333
 www.aar.com.au
  
 © Copyright Allens Arthur Robinson
2007

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  
 Table of Contents 
  

							
	1.	    	Definitions and Interpretation	  	1
				
		    	1.1	    	Definitions	  	1
				
		    	1.2	    	Master Trust Deed definitions	  	3
				
		    	1.3	    	Interpretation	  	3
				
		    	1.4	    	Determination, statement and certificate sufficient evidence	  	3
				
		    	1.5	    	Transaction Document	  	3
				
		    	1.6	    	Limited to Trust	  	3
			
	2.	    	Purpose	  	4
			
	3.	    	Drawings	  	4
				
		    	3.1	    	Redraw Advance	  	4
				
		    	3.2	    	Making of Redraw Advances	  	4
			
	4.	    	Fees	  	4
				
		    	4.1	    	Availability fee	  	4
				
		    	4.2	    	Draw Fee	  	5
				
		    	4.3	    	Capitalisation	  	5
				
		    	4.4	    	GST	  	5
			
	5.	    	Cancellation of Redraw Limit	  	6
				
		    	5.1	    	During Term	  	6
				
		    	5.2	    	At end of Term	  	6
				
		    	5.3	    	Cancellation by Redraw Facility Provider	  	6
			
	6.	    	Repayment	  	6
				
		    	6.1	    	Repayment of Redraw Advances	  	6
				
		    	6.2	    	Final repayment	  	6
			
	7.	    	Prepayments	  	7
				
		    	7.1	    	Voluntary prepayments	  	7
				
		    	7.2	    	Draw Fee	  	7
				
		    	7.3	    	Limitation on prepayments	  	7
			
	8.	    	Payments	  	7
				
		    	8.1	    	Manner	  	7
				
		    	8.2	    	Payment to be made on Business Day	  	7
				
		    	8.3	    	Appropriation where insufficient moneys available	  	7
			
	9.	    	Changes in Law	  	7
				
		    	9.1	    	Additional payments	  	7
				
		    	9.2	    	Minimisation	  	8
				
		    	9.3	    	Survival	  	9
			
	10.	    	Conditions Precedent	  	9
				
		    	10.1	    	Conditions precedent to initial Drawdown Notice	  	9
				
		    	10.2	    	Conditions precedent to each Redraw Advance	  	9
			
	11.	    	Representations and Warranties	  	9
				
		    	11.1	    	Representations and warranties	  	9

  

			
	 	  	  
 Page (i)

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

							
		    	11.2	    	Reliance on representations and warranties	  	11
			
	12.	    	Undertakings	  	11
				
		    	12.1	    	General undertakings	  	11
				
		    	12.2	    	Undertakings relating to Trust	  	12
				
		    	12.3	    	Term of undertakings	  	12
			
	13.	    	Events of Default	  	13
				
		    	13.1	    	Events of Default	  	13
				
		    	13.2	    	Consequences	  	13
			
	14.	    	Control Accounts	  	13
			
	15.	    	Waivers, Remedies Cumulative	  	13
			
	16.	    	Severability of Provisions	  	14
			
	17.	    	Survival of Representations	  	14
			
	18.	    	Indemnity and Reimbursement Obligation	  	14
			
	19.	    	Moratorium Legislation	  	14
			
	20.	    	Consents and Opinions	  	14
			
	21.	    	Assignments	  	14
			
	22.	    	Notices	  	15
			
	23.	    	Authorised Signatories	  	15
			
	24.	    	Governing Law and Jurisdiction	  	15
			
	25.	    	Counterparts	  	15
			
	26.	    	Acknowledgement by Trustee	  	15
			
	27.	    	Limited Recourse	  	16
				
		    	27.1	    	General	  	16
				
		    	27.2	    	Liability of Trustee limited to its right to indemnity	  	16
				
		    	27.3	    	Unrestricted remedies	  	17
				
		    	27.4	    	Restricted remedies	  	17
			
	28.	    	Redraw Facility Provider’s Obligations	  	17
			
	29.	    	Successor Trustee	  	17
			
	30.	    	Code of Banking Practice (2003)	  	18
		
	ANNEXURE A	  	21
				
		    		    	DRAWDOWN NOTICE	  	21
		
	ANNEXURE B	  	22
				
		    		    	VERIFICATION CERTIFICATE	  	22

  

			
	 	  	  
 Page (ii)

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

			
	 Date
  
	    	200[*]
	 	
	 Parties
  
	    	
	 	
	 1.    
	    	[*] (ABN [*]) of [*] in its capacity as trustee of the Series [*] WST Trust (the Trustee);
	 	
	 2.    
	    	[*] (ABN [*]) incorporated in [*] (the Redraw Facility Provider); and
	 	
	 3.    
	    	Westpac Securitisation Management Pty Limited (ABN 73 081 709 211) incorporated in the Australian Capital Territory, of Level 20, 275 Kent Street, Sydney, New South Wales (the
Trust Manager).
	 	
	 Recitals
  
	    	
	 	
	 	    	 The Trustee has requested the Redraw Facility Provider to provide the Trustee with a redraw facility under which loans
of up to an aggregate amount equal to the Redraw Limit may be made available to the Trustee.
  

 IT IS AGREED as
follows. 
  

	
	 1.     Definitions and
Interpretation
  

  

	1.1	Definitions 

 In this agreement the following definitions apply unless
the context requires otherwise, or unless otherwise defined. 
 Available Redraw Amount means at any time the greater of: 
  

	 	(a)	the Redraw Limit at the time less: 

  

	 	(i)	the Principal Outstanding at that time; 

  

	 	(ii)	the Carryover Redraw Charge Offs at that time; and 

  

	 	(b)	zero. 

 Bank Bill Rate has the meaning given in the Series
Notice, but on the first Reset Date of any Redraw Advance the Bank Bill Rate shall be an interpolated rate calculated with reference to the tenor of the period from that Reset Date to (but not including) the next Reset Date.

 Drawdown Date means, in relation to a Redraw Advance, the Payment Date on which the Redraw Advance is or is to be made under this
agreement. 
 Drawdown Notice means a notice under clause 3.1. 
 Event of Default means any of the events specified in clause 13. 
 Final Repayment Date means the date on which the Term ends. 
  

			
	 	  	  
 Page 1

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  
 Master Trust Deed means the
deed entitled “Master Trust Deed” between the Trustee and The Mortgage Company Pty Limited dated 14 February 1997. 
 Principal
Outstanding means, at any time, the total principal amount of all outstanding Redraw Advances at that time less the Carryover Redraw Charge Offs at that time. 
 Redraw Advance means any advance made or to be made under this agreement. 
 Redraw Limit means
$100,000,000 or any other amount as agreed in writing between the Redraw Facility Provider, the Trustee and the Trust Manager, as reduced or cancelled under this agreement, provided that the Redraw Limit may not be increased unless the Designated
Rating Agency for each Class of Notes has confirmed in writing that the increase would not result in a downgrading of the rating given to any Note of the relevant Class or the withdrawal of the rating of any Note of the relevant Class. 

Reset Date means in relation to a Redraw Advance: 
  

	 	(a)	the Drawdown Date for that Redraw Advance; and 

  

	 	(b)	each Payment Date while that Redraw Advance is outstanding. 

 Series
Notice means the Series Notice issued by the Trust Manager under the Master Trust Deed on or about the date of this agreement. 
 Term means the period commencing on the date of this agreement and expiring on the earliest of: 
  

	 	(a)	the date which is one month after the Notes have been redeemed in full in accordance with the Master Trust Deed and the Series Notice; 

  

	 	(b)	the date declared by the Redraw Facility Provider under clause 13.2(b); 

  

	 	(c)	the date on which the Trustee enters into a redraw facility to replace this agreement with any other person to enable it to fund Redraw Shortfalls; 

  

	 	(d)	at the election of the Redraw Facility Provider, the date on which Westpac Securitisation Management Pty Limited retires or is removed as Trust Manager under the Master Trust Deed;

  

	 	(e)	the date on which the Redraw Limit is cancelled in full by the Trustee under clause 5.1; 

  

	 	(f)	the date which is one year after the Maturity Date; and 

  

	 	(g)	the date on which the Redraw Limit is cancelled in full by the Redraw Facility Provider under clause 5.3. 

 Trust means the Series [*] WST Trust constituted under the Master Trust Deed on the terms of the Series Notice. 
 Trust Document means: 
  

	 	(a)	this agreement; 

  

	 	(b)	the Master Trust Deed; 

  

	 	(c)	the Notice of Creation of Trust; 

  

	 	(d)	the Series Notice; 

  

	 	(e)	the Note Trust Deed; 

  

			
	 	  	  
 Page 2

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

	 	(f)	the Agency Agreement; 

  

	 	(g)	the Security Trust Deed; and 

  

	 	(h)	the Servicing Agreement. 

 Trustee means the trustee of the
Trust at the date of this agreement or any person which becomes a successor trustee under clause 24 of the Master Trust Deed. 
  

	1.2	Master Trust Deed definitions 

 Words and expressions which are defined
in the Master Trust Deed (as amended by the Series Notice) and the Series Notice (including in each case by reference to another agreement) have the same meanings when used in this agreement, unless the context otherwise requires or unless otherwise
defined in this agreement. 
  

	1.3	Interpretation 

 Clause 1.2 of the Master Trust Deed applies to this
agreement as if set out in full, except that references to this deed are references to this agreement and: 
  

	 	(a)	a reference to an asset includes any real or personal, present or future, tangible or intangible property or asset and any right, interest, revenue or benefit in, under or
derived from the property or asset; 

  

	 	(b)	an Event of Default subsists until it has been waived in writing by the Redraw Facility Provider; and 

  

	 	(c)	a reference to an amount for which a person is contingently liable includes an amount which that person may become actually or contingently liable to pay if a contingency
occurs, whether or not that liability will actually arise. 

  

	1.4	Determination, statement and certificate sufficient evidence 

 Except
where otherwise provided in this agreement any determination, statement or certificate by the Redraw Facility Provider or an Authorised Signatory of the Redraw Facility Provider provided for in this agreement is sufficient evidence unless proven
wrong. 
  

	1.5	Transaction Document 

 This agreement is a Transaction
Document for the purposes of the Master Trust Deed. 
  

	1.6	Limited to Trust 

 The rights and obligations of the parties under this
agreement relate only to the Trust, and do not relate to any other Trust (as defined in the Master Trust Deed). Without limitation, the Redraw Facility Provider has no obligation under this agreement to provide financial accommodation to the Trustee
as trustee of any other such Trust. 
  
  
  

			
	 	  	  
 Page 3

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 2.     Purpose
  

 The Trust Manager directs to the Trustee to, and the Trustee shall, apply the proceeds of each Redraw
Advance to fund Redraw Shortfalls in relation to the Trust by paying it to Westpac in accordance with clause 5.3 of the Series Notice, and for no other purpose. 
  

	
	 3.     Drawings
  

  

	3.1	Redraw Advance 

  

	 	(a)	Subject to this agreement, if on any Determination Date the Trust Manager determines that there is a Redraw Shortfall in relation to the Collection Period ending immediately prior to that
Determination Date the Trust Manager must direct the Trustee to, and the Trustee shall (subject to this agreement and the Series Notice), request a Redraw Advance by giving to the Redraw Facility Provider a Drawdown Notice. 

 

	 	(b)	A Drawdown Notice must be: 

  

	 	(i)	in writing; 

  

	 	(ii)	in or substantially in the form of Annexure A; 

  

	 	(iii)	signed by an Authorised Signatory of the Trustee; and 

  

	 	(iv)	given not later than 11.00 am (Sydney time) on the Remittance Date following that Collection Period. 

  

	 	(c)	The amount requested in a Drawdown Notice must be the lesser of: 

  

	 	(i)	the relevant Redraw Shortfall; and 

  

	 	(ii)	the Available Redraw Amount at that time (but assuming the repayment of all Redraw Advances due to be repaid on or before the relevant Drawdown Date). 

  

	3.2	Making of Redraw Advances 

  

	 	(a)	Subject to the terms of this agreement, a Redraw Advance requested in a Drawdown Notice shall be made available by the Redraw Facility Provider paying the proceeds of that Redraw Advance to
Westpac. 

  

	 	(b)	The Redraw Facility Provider is not obliged to provide a Redraw Advance to the extent that the aggregate of Principal Outstanding and the Carryover Redraw Charge Offs would exceed the Redraw
Limit. 

  

	
	 4.     Fees
  

  

	4.1	Availability fee 

  

	 	(a)	An availability fee accrues at [·]% per annum on the daily amount of the Available Redraw Amount (if any) due from day to day from the date of this agreement. 

  

	 	(b)	The availability fee is calculated on the actual number of days elapsed and a year of 365 days. 

  

			
	 	  	  
 Page 4

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	 	(c)	The Trust Manager directs the Trustee to, and the Trustee shall, pay to the Redraw Facility Provider any accrued availability fee in arrears on: 

  

	 	(i)	each Payment Date; and 

  

	 	(ii)	at the end of the Term. 

  

	4.2	Draw Fee 

  

	 	(a)	A draw fee accrues due from day to day on the daily amount of each Redraw Advance at the following rates: 

  

	 	(i)	the sum of [·]% per annum and the Bank Bill Rate calculated as of that date (if that date is a Reset Date) or (otherwise) the Reset Date immediately before that date, if the Redraw
Advance has been outstanding for less than 12 months; and 

  

	 	(ii)	the sum of [·]% per annum and the Bank Bill Rate calculated as of that date (if that date is a Reset Date) or (otherwise) the Reset Date immediately before that date, if the Redraw
Advance has been outstanding for 12 months or more. 

  

	 	(b)	Each draw fee is calculated on the actual number of days elapsed and a year of 365 days. 

  

	 	(c)	The Trust Manager directs the Trustee to, and the Trustee shall, pay to the Redraw Facility Provider any accrued draw fee in arrears on: 

  

	 	(i)	each Payment Date; and 

  

	 	(ii)	at the end of the Term. 

  

	 	(d)	The Bank Bill Rate as at any date will be the Bank Bill Rate determined: 

  

	 	(i)	if that date is a Payment Date, on that Payment Date; and 

  

	 	(ii)	on any other date, on the Payment Date immediately preceding that date. 

  

	4.3	Capitalisation 

 Any draw fee payable under this clause 4 which is not
paid when due will immediately be capitalised. The draw fee is payable on any capitalised amount at the rate and in the manner referred to in this clause 4, even if the Term has expired. 
  

	4.4	GST 

 Neither the availability fee (as described in clause 4.1) nor the
draw margin specified in this clause 4 are to be increased by reference to any goods and services tax unless: 
  

	 	(a)	the Trustee, the Trust Manager and the Redraw Facility Provider otherwise agree (that agreement not to be unreasonably withheld); and 

  

	 	(b)	the increase will not result in a downgrading or withdrawal of the rating of any Notes. 

  

			
	 	  	  
 Page 5

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 5.     Cancellation of Redraw Limit

 

  

	5.1	During Term 

  

	 	(a)	On giving not less than 5 Business Days irrevocable notice to the Redraw Facility Provider the Trustee may cancel all or part of the Redraw Limit during the Term. 

  

	 	(b)	A partial cancellation must be in a minimum of $100,000 and a whole multiple of $10,000 unless the Redraw Facility Provider agrees otherwise. 

  

	5.2	At end of Term 

 At the close of business (Sydney time) on the last day
of the Term the Redraw Limit will be cancelled. 
  

	5.3	Cancellation by Redraw Facility Provider 

  

	 	(a)	The Redraw Facility Provider may cancel all or part of the Redraw Limit during the Term immediately on giving notice to the Trustee and the Trust Manager. The Redraw Limit shall be reduced by
the amount of that cancellation on that notice. 

  

	 	(b)	On each Payment Date following that cancellation, the Trustee shall pay to the Redraw Facility Provider the lesser of: 

  

	 	(i)	an amount equal to the Principal Outstanding at that Payment Date less the Redraw Limit at that Payment Date (if positive); and 

  

	 	(ii)	any amount available for distribution to the Redraw Facility Provider under clauses 5.10(a)(vi) and 5.13(a)(ii) of the Series Notice. 

  

	 	(c)	Repayments under paragraph (b) will be applied against Redraw Advances in chronological order of their Drawdown Dates. 

  

	 	(d)	This clause does not affect the Redraw Facility Provider’s rights under clause 13 of this agreement or under clause 5.11(a)(ii)(A) of the Series Notice. 

  

	
	 6.     Repayment
  

  

	6.1	Repayment of Redraw Advances 

 The Trustee shall repay the Principal
Outstanding on each Payment Date and at the end of the Term, to the extent that amounts are available for that purpose under clause 5.13(a)(ii) of the Series Notice. Those repayments will be applied against Redraw Advances in chronological order of
their Drawdown Dates. 
  

	6.2	Final repayment 

 If following the Final Repayment Date, any Principal
Outstanding or Carryover Redraw Charge Off has not been repaid after the distribution of all Assets of the Trust in accordance with the Series Notice, that Principal Outstanding or Carryover Redraw Charge Off will be cancelled and the Trustee will
have no further obligation to pay that amount under this agreement. 
  
  

			
	 	  	  
 Page 6

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 7.     Prepayments
  

  

	7.1	Voluntary prepayments 

 The Trustee may prepay all or part of the
Principal Outstanding with the consent of the Redraw Facility Provider and on at least 5 Business Days’ notice. The Trustee shall prepay in accordance with that notice. 
  

	7.2	Draw Fee 

 When the Trustee prepays any amount of the Principal
Outstanding, it shall also pay any draw fee accrued on that amount. 
  

	7.3	Limitation on prepayments 

 The Trustee may not prepay all or any part
of the Principal Outstanding except as set out in this agreement. 
  

	
	 8.     Payments
  

  

	8.1	Manner 

 The Trustee shall make all payments under this agreement:

  

	 	(a)	by cheque, electronic funds transfer or other agreed method to the Redraw Facility Provider at its address for service of notices or by transfer of immediately available funds to the account
specified by the Redraw Facility Provider and, in either case, by 4.00 pm (Sydney time) on the due date; and 

  

	 	(b)	without set-off, counterclaim or other deduction, except any compulsory deduction for Tax; and 

  

	 	(c)	in accordance with the directions of the Trust Manager, Master Trust Deed and the Series Notice. 

  

	8.2	Payment to be made on Business Day 

 If any payment is due on a day
which is not a Business Day, the due date will be the next Business Day. 
  

	8.3	Appropriation where insufficient moneys available 

 Subject to any
express provision of this agreement, the Redraw Facility Provider may appropriate amounts it receives as between principal, draw fees, interest and other amounts then payable as it sees fit. This will override any appropriation made by the Trustee.

  

	
	 9.     Changes in Law
  

  

	9.1	Additional payments 

 Whenever the Redraw Facility Provider determines
that: 
  

			
	 	  	  
 Page 7

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

	 	(a)	the effective cost to the Redraw Facility Provider of making, funding or maintaining any Redraw Advance or the Redraw Limit is increased in any way; 

  

	 	(b)	any amount paid or payable to the Redraw Facility Provider or received or receivable by the Redraw Facility Provider, or the effective return to the Redraw Facility Provider, under or in
respect of this agreement is reduced in any way; 

  

	 	(c)	the return of the Redraw Facility Provider on the capital which is or becomes directly or indirectly allocated by the Redraw Facility Provider to any Redraw Advance or the Redraw Limit is
reduced in any way; or 

  

	 	(d)	to the extent any relevant law, official directive or request relates to or affects the Redraw Limit, any Redraw Advance or this agreement, the overall return on capital of the Redraw
Facility Provider or any of its holding companies is reduced in any way, 

 as a result of any change in, any making of or any change in
the interpretation or application by any Government Agency of, any law, official directive or request, then: 
  

	 	(e)	(when it has calculated the effect of the above and the amount to be charged to the Trustee under this clause) the Redraw Facility Provider shall promptly notify the Trust Manager and the
Trustee; and 

  

	 	(f)	on the following Payment Date from time to time the Trustee shall, subject to clause 5 of the Series Notice, pay for the account of the Redraw Facility Provider the amount certified by an
Authorised Signatory of the Redraw Facility Provider to be necessary to compensate the Redraw Facility Provider for the increased cost or the reduction (from the date of the notice). 

 Without limiting the above in any way, this clause applies: 
  

	 	(g)	to any law, official directive or request with respect to Taxation (other than any Tax on the net income of any person) or reserve, liquidity, capital adequacy, special deposit or similar
requirements; 

  

	 	(h)	to official directives or requests which do not have the force of law where it is the practice of responsible bankers or financial institutions in the country concerned to comply with them;
and 

  

	 	(i)	where the increased cost or the reduction arises because the Redraw Facility Provider is restricted in its capacity to enter other transactions, is required to make a payment, or forgoes or
earns reduced interest or other return on any capital or on any sum calculated by reference in any way to the amount of any Redraw Advance, the Redraw Limit or to any other amount paid or payable or received or receivable under this agreement or
allocates capital to any such sum. 

  

	9.2	Minimisation 

  

	 	(a)	(No defence) If the Redraw Facility Provider has acted in good faith it will not be a defence that any cost, reduction or payment referred to in this clause could have been avoided.

  

	 	(b)	(Minimisation) The Redraw Facility Provider shall use reasonable endeavours to minimise any cost, reduction or payment referred to in this clause. 

  

			
	 	  	  
 Page 8

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	9.3	Survival 

 This clause survives the repayment of any relevant Redraw
Advance and the termination of this agreement. 
  

	
	 10.     Conditions Precedent
  

  

	10.1	Conditions precedent to initial Drawdown Notice 

 The right of the
Trustee to give the initial Drawdown Notice and the obligations of the Redraw Facility Provider under this agreement are subject to the condition precedent that the Redraw Facility Provider receives all of the following in form and substance
satisfactory to the Redraw Facility Provider: 
  

	 	(a)	(verification certificate) a certificate in relation to the Trustee given by a director of the Trustee substantially in the form of Annexure B with the attachments referred to and
dated not earlier than 14 days before the first Drawdown Date; 

  

	 	(b)	(Trust Documents) a certified copy of each duly executed and (where relevant) stamped Trust Document; 

  

	 	(c)	(Master Trust Deed conditions precedent) evidence that the conditions precedent referred to in clause 13 of the Master Trust Deed have been satisfied; 

  

	 	(d)	(Security Trust Deed) evidence that the Security Trust Deed has been or will be registered with each relevant Governmental Agency free from all prior Security Interests and third party
rights and interests; and 

  

	 	(e)	(Notes) evidence that the Notes have been issued. 

  

	10.2	Conditions precedent to each Redraw Advance 

 The obligations of the
Redraw Facility Provider to make available each Redraw Advance are subject to the further conditions precedent that: 
  

	 	(a)	(no default) no Event of Default subsists at the date of the relevant Drawdown Notice and the relevant Drawdown Date or will result from the provision of the Redraw Advance; and

  

	 	(b)	(representations true) the representations and warranties by the Trustee in this agreement are true as at the date of the relevant Drawdown Notice and the relevant Drawdown Date as
though they had been made at that date in respect of the facts and circumstances then subsisting. 

  

	
	 11.   Representations and Warranties
  

  

	11.1	Representations and warranties 

 The Trustee (in its capacity as
trustee of the Trust) makes the following representations and warranties (so far as they relate to the Trust). 
  

	 	(a)	(Status) It is a corporation validly existing under the laws of the place of its incorporation specified in this agreement. 

  

			
	 	  	  
 Page 9

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	 	(b)	(Power) It has the power to enter into and perform its obligations under the Trust Documents to which it is expressed to be a party, to carry out the transactions contemplated by those
documents and to carry on its business as now conducted or contemplated. 

  

	 	(c)	(Corporate authorisations) It has taken all necessary corporate action to authorise the entry into and performance of the Trust Documents to which it is expressed to be a party, and to
carry out the transactions contemplated by those documents. 

  

	 	(d)	(Documents binding) Each Trust Document to which it is expressed to be a party is its valid and binding obligation enforceable in accordance with its terms, subject to any necessary
stamping and registration and to laws, defences and principles of equity generally affecting creditors’ rights. 

  

	 	(e)	(Transactions permitted) The execution and performance by it of the Trust Documents to which it is expressed to be a party and each transaction contemplated under those documents do
not violate in any respect a provision of: 

  

	 	(i)	a law or treaty or a judgment, ruling, order or decree of a Government Body binding on it; 

  

	 	(ii)	its constitution or other constituent documents; or 

  

	 	(iii)	any other document or agreement which is binding on it or its assets, 

  

	 	and,	except as provided by the Trust Documents, did not and will not: 

  

	 	(iv)	create or impose a Security Interest on any of its assets; or 

  

	 	(v)	allow a person to accelerate or cancel an obligation with respect to any indebtedness in respect of financial accommodation, or constitute an event of default, cancellation event, prepayment
event or similar event (whatever called) under an agreement relating to any such indebtedness, whether immediately or after notice or lapse of time or both. 

  

	 	(f)	(Authorisations) Each Authorisation which is required in relation to: 

  

	 	(i)	the execution, delivery and performance by it of the Trust Documents to which it is expressed to be a party and the transactions contemplated by those documents; 

  

	 	(ii)	the validity and enforceability of those documents; and 

  

	 	(iii)	its business as now conducted or contemplated and which is material, 

 has
been obtained or effected. Each is in full force and effect. It has complied with each of them. It has paid all applicable fees for each of them. 
  

	 	(g)	(No misrepresentation) All information provided by it to the Redraw Facility Provider is true in all material respects at the date of this agreement or, if later, when provided.

  

	 	(h)	(Agreements disclosed) Each document or agreement to which it is a party and which is material to the Trust Documents or which has the effect of varying a Trust Document has been
disclosed to the Redraw Facility Provider in writing. 

  

	 	(i)	(Trust) The Trust has been validly created and is in existence at the date of this agreement. 

  

	 	(j)	(Trust power) It is empowered by the Master Trust Deed: 

  

			
	 	  	  
 Page 10

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

	 	(i)	to enter into and perform the Trust Documents to which it is expressed to be a party and to carry on the transactions contemplated by those documents; and 

  

	 	(ii)	to carry on the business of the Trust and to own Assets of the Trust, 

 in
its capacity as trustee of the Trust. There is no restriction on or condition of its doing so. 
  

	 	(k)	(Trust authorisations) All necessary resolutions have been duly passed and all consents, approvals and other procedural matters have been obtained or attended to as required by the
Master Trust Deed for it to enter into and perform the Trust Documents to which it is expressed to be a party. 

  

	 	(l)	(Sole trustee) It has been validly appointed as trustee of the Trust and is the sole trustee of the Trust. 

  

	 	(m)	(Removal) No notice has been given to it, and so far as it is aware no resolution has been passed or direction or notice has been given removing it as trustee of the Trust.

  

	 	(n)	(No resettlement) Other than as permitted by the Trust Documents, it has not taken any action that will cause the property of the Trust to be re-settled, set aside or transferred to
any other trust. 

  

	 	(o)	(No termination) It has not taken any action that will cause the Trust to be terminated, nor has it taken any action that will result in the vesting of the Assets of the Trust.

  

	 	(p)	(Right of indemnity) It has not taken any action which will limit its right of indemnity out of, and lien over, the Assets of the Trust. 

  

	 	(q)	(Compliance with Master Trust Deed) It has complied with its obligations and duties under the Master Trust Deed, the Series Notice and (to the best of its knowledge and belief) at law.
No one has alleged that it has not so complied. 

  

	11.2	Reliance on representations and warranties 

 The Trustee acknowledges
that the Redraw Facility Provider has entered the Trust Documents in reliance on the representations and warranties in this clause. 
  

	
	 12.     Undertakings
  

  

	12.1	General undertakings 

 Each of the Trustee and the Trust Manager
undertake to the Redraw Facility Provider as follows in relation to the Trust, except to the extent that the Redraw Facility Provider consents. 
  

	 	(a)	(Authorisations) It will ensure that each Authorisation required for: 

  

	 	(i)	the execution, delivery and performance by it of the Trust Documents to which it is expressed to be a party and the transactions contemplated by those documents; 

  

	 	(ii)	the validity and enforceability of those documents; and 

  

	 	(iii)	the carrying on by it of its business as now conducted or contemplated, 

  
  
  

			
	 	  	  
 Page 11

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

 is obtained and promptly renewed and maintained in full force and effect. It will pay all applicable fees for
them. It will provide copies promptly to the Redraw Facility Provider when they are obtained or renewed. 
  

	 	(b)	(Negative pledge) It will not create or allow to exist a Security Interest over the Assets of the Trust other than: 

  

	 	(i)	under the Trust Documents; or 

  

	 	(ii)	a lien arising by operation of law in the ordinary course of day-to-day trading and not securing indebtedness in respect of financial accommodation where it duly pays the indebtedness secured
by that lien other than indebtedness contested in good faith. 

  

	 	(c)	(Comply with obligations) It will duly and punctually comply with its obligations under the Trust Documents. 

  

	 	(d)	(Notice to Redraw Facility Provider) It will notify the Redraw Facility Provider as soon as it becomes aware of: 

  

	 	(i)	any Event of Default; and 

  

	 	(ii)	any proposal by a Government Agency to acquire compulsorily any Assets of the Trust. 

  

	12.2	Undertakings relating to Trust 

 The Trustee, as trustee of the Trust,
undertakes to the Redraw Facility Provider as follows, except to the extent that the Redraw Facility Provider consents. 
  

	 	(a)	(Amendment to Master Trust Deed) It will not consent to any amendment to the Master Trust Deed, the Series Notice or any other Trust Document that would change:

  

	 	(i)	the basis upon which the amount of any Redraw Advance to be made is calculated; 

  

	 	(ii)	the entitlement of the Trustee to request any Redraw Advance; or 

  

	 	(iii)	the basis of calculation or order of application of any amount to be paid or applied under clause 5 of the Series Notice. 

  

	 	(b)	(Resettlement) It will not take any action that will result in a resettlement, setting aside or transfer of any asset of the Trust other than a transfer which complies with the Master
Trust Deed, the Series Notice and the other Trust Documents. 

  

	 	(c)	(No additional trustee) It will act continuously as trustee of the Trust in accordance with the Master Trust Deed until the Trust has been terminated or until it has retired or been
removed in accordance with the Master Trust Deed. 

  

	12.3	Term of undertakings 

 Each undertaking in this clause continues from
the date of this agreement until all moneys actually or contingently owing under this agreement are fully and finally repaid. 
  
  
  

			
	 	  	  
 Page 12

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 13.   Events of Default
  

  

	13.1	Events of Default 

 Each of the following is an Event of Default
(whether or not it is in the control of the Trustee). 
  

	 	(a)	(Payments) An amount is available for payment under clause 6 and the Trustee does not pay that amount within 10 Business Days of its due date. 

  

	 	(b)	(Insolvency Event) An Insolvency Event occurs: 

  

	 	(i)	in relation to the Trust (as if it was a relevant corporation for the purposes of the definition of Insolvency Event); or 

  

	 	(ii)	in relation to the Trustee, and a successor trustee of the Trust is not appointed within 30 days of that Insolvency Event. 

  

	 	(c)	(Termination Date) The Termination Date occurs in relation to the Trust. 

  

	 	(d)	(Enforcement of Security Trust Deed) An Event of Default (as defined in the Security Trust Deed) occurs and any action is taken to enforce the Security Interest under the Security
Trust Deed over the Assets of the Trust (including appointing a receiver or receiver and manager or selling any of those Assets). 

  

	13.2	Consequences 

 In addition to any other rights provided by law or any
Trust Document, at any time after an Event of Default (whether or not it is continuing) the Redraw Facility Provider may do all or any of the following: 
  

	 	(a)	by notice to the Trustee and the Trust Manager declare all moneys actually or contingently owing under this agreement immediately due and payable, and the Trustee will immediately pay the
Principal Outstanding together with accrued interest and fees and all such other moneys; and 

  

	 	(b)	by notice to the Trustee and the Trust Manager cancel the Redraw Limit with effect from any date specified in that notice. 

  

	
	 14.   Control Accounts
  

 The accounts kept by the Redraw Facility Provider constitute sufficient evidence, unless proven wrong, of the
amount at any time due from the Trustee under this agreement. 
  

	
	 15.   Waivers, Remedies Cumulative
  

  

	 	(a)	No failure to exercise and no delay in exercising any right, power or remedy under this agreement operates as a waiver. Nor does any single or partial exercise of any right, power or remedy
preclude any other or further exercise of that or any other right, power or remedy. 

  

	 	(b)	The rights, powers and remedies provided to the Redraw Facility Provider in this agreement are in addition to, and do not exclude or limit, any right, power or remedy provided by law.

  

			
	 	  	  
 Page 13

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 16.   Severability of Provisions
  

 Any provision of this agreement which is prohibited or unenforceable in any jurisdiction is ineffective as to
that jurisdiction to the extent of the prohibition or unenforceability. That does not invalidate the remaining provisions of this agreement nor affect the validity or enforceability of that provision in any other jurisdiction. 
  

	
	 17.   Survival of Representations
  

 All representations and warranties in this agreement survive the execution and delivery of this agreement and
the provision of advances and accommodation. 
  

	
	 18.   Indemnity and Reimbursement Obligation

 

 Unless stated otherwise, each indemnity, reimbursement or similar obligation in this agreement: 

 

	 	(a)	is a continuing obligation; 

  

	 	(b)	is a separate and independent obligation; 

  

	 	(c)	is payable on demand; and 

  

	 	(d)	survives termination or discharge of this agreement. 

  

	
	 19.   Moratorium Legislation
  

 To the full extent permitted by law, all legislation which at any time directly or indirectly: 
  

	 	(a)	lessens, varies or affects in favour of the Trustee any obligation under a Trust Document; or 

  

	 	(b)	delays, prevents or prejudicially affects the exercise by the Redraw Facility Provider of any right, power or remedy conferred by this agreement, 

 is excluded from this agreement. 
  

	
	 20.   Consents and Opinions
  

 Except where expressly stated the Redraw Facility Provider may give or withhold, or give conditionally,
approvals and consents, may be satisfied or unsatisfied, may form opinions, and may exercise its rights, powers and remedies, at its absolute discretion. 
  

	
	 21.   Assignments
  

 Neither party may assign or transfer any of its rights or obligations under this agreement without the prior
written consent of the other party, or if the rating of the Notes would be withdrawn or reduced as a result of the assignment. 
  
  

			
	 	  	  
 Page 14

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	
	 22.   Notices
  

 All notices, requests, demands, consents, approvals, agreements or other communications to or by a party to
this agreement: 
  

	 	(a)	must be in writing; 

  

	 	(b)	must be signed by an Authorised Signatory of the sender; and 

  

	 	(c)	will be taken to be duly given or made: 

  

	 	(i)	(in the case of delivery in person or by post) when delivered, received or left at the address of the recipient shown in this agreement or to any other address which it may have notified the
sender; 

  

	 	(ii)	(in the case of facsimile transmission) on receipt of a transmission report confirming successful transmission; and 

  

	 	(iii)	(in the case of a telex) on receipt by the sender of the answerback code of the recipient at the end of transmission, 

 but if delivery or receipt is on a day on which business is not generally carried on in the place to which the communication is sent or is later than 4.00 pm
(local time), it will be taken to have been duly given or made at the commencement of business on the next day on which business is generally carried on in that place. 
  

	
	 23.   Authorised Signatories
  

 The Trustee irrevocably authorises the Redraw Facility Provider to rely on a certificate by persons
purporting to be its directors and/or secretaries as to the identity and signatures of its Authorised Signatories. The Trustee warrants that those persons have been authorised to give notices and communications under or in connection with this
agreement. 
  

	
	 24.   Governing Law and Jurisdiction
  

 This agreement is governed by the laws of New South Wales. The Trustee submits to the non-exclusive
jurisdiction of courts exercising jurisdiction there. 
  

	
	 25.   Counterparts
  

 This agreement may be executed in any number of counterparts. All counterparts together will be taken to
constitute one instrument. 
  

	
	 26.   Acknowledgement by Trustee
  

 The Trustee confirms that: 
  

	 	(a)	it has not entered into this agreement in reliance on, or as a result of, any statement or conduct of any kind of or on behalf of the Redraw Facility Provider (including any advice, warranty,
representation or undertaking); and 

  

			
	 	  	  
 Page 15

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	 	(b)	the Redraw Facility Provider is not obliged to do anything (including disclose anything or give advice), 

 except as expressly set out in this agreement. 
  

	
	 27.   Limited Recourse
  

  

	27.1	General 

 Clause 33 of the Master Trust Deed applies to the obligations
and liabilities of the Trustee and the Trust Manager under this agreement. 
  

	27.2	Liability of Trustee limited to its right to indemnity 

  

	 	(a)	The Trustee enters into this agreement only in its capacity as trustee of the Trust and in no other capacity. A liability arising under or in connection with this agreement or the Trust can
be enforced against the Trustee only to the extent to which it can be satisfied out of property of the Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee’s liability applies despite any
other provision of this agreement and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement or the Trust.

  

	 	(b)	The parties other than the Trustee may not sue the Trustee in any capacity other than as trustee of the Trust or seek the appointment of a receiver (except under the Security Trust Deed), or
a liquidator, an administrator or any similar person to the Trustee or prove in any liquidation, administration or arrangements of or affecting the Trustee. 

  

	 	(c)	The provisions of this clause 27 shall not apply to any obligation or liability of the Trustee to the extent that it is not satisfied because under a Transaction Document or by operation of
law there is a reduction in the extent of the Trustee’s indemnification out of the Assets of the Trust as a result of the Trustee’s fraud, negligence or breach of trust. 

  

	 	(d)	It is acknowledged that the Trust Manager, the Servicer, the Currency Swap Provider, the Note Trustee, the Principal Paying Agent, the other Paying Agents and the Calculation Agent (each a
Relevant Party) are responsible under this agreement and the other Transaction Documents for performing a variety of obligations relating to the Trust. No act or omission of the Trustee (including any related failure to satisfy its
obligations under this agreement) will be considered fraud, negligence or breach of trust of the Trustee for the purpose of sub-paragraph (c) to the extent to which the act or omission was caused or contributed to by any failure by any Relevant
Party or any other person who provides services in respect of the Trust (other than a person who has been delegated or appointed by the Trustee and for whom the Trustee is responsible under this agreement or the relevant Transaction Documents, but
excluding any Relevant Party) to fulfil its obligations relating to the Trust or by any other act or omission of a Relevant Party or any other person who provides services in respect of the Trust (other than a person who has been delegated or
appointed by the Trustee and for whom the Trustee is responsible under this agreement or the relevant Transaction Documents, but excluding any Relevant Party). 

  
  

			
	 	  	  
 Page 16

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

	 	(e)	No attorney, agent, receiver or receiver and manager appointed in accordance with this agreement or any other Transaction Documents (including a Relevant Party) has authority to act on behalf
of the Trustee in a way which exposes the Trustee to any personal liability and no act or omission of any such person will be considered fraud, negligence or breach of trust of the Trustee for the purpose of sub-paragraph (c), if the Trustee has
exercised reasonable care in the selection and supervision of such a person. 

  

	27.3	Unrestricted remedies 

 Nothing in clause 27.2 limits the Redraw
Facility Provider in: 
  

	 	(a)	obtaining an injunction or other order to restrain any breach of this agreement by any party; 

  

	 	(b)	obtaining declaratory relief; or 

  

	 	(c)	in relation to its rights under the Security Trust Deed. 

  

	27.4	Restricted remedies 

 Except as provided in clause 27.3, the Redraw
Facility Provider shall not: 
  

	 	(a)	(judgment) obtain a judgment for the payment of money or damages by the Trustee; 

  

	 	(b)	(statutory demand) issue any demand under s459E(1) of the Corporations Act (or any analogous provision under any other law) against the Trustee; 

  

	 	(c)	(winding up) apply for the winding up or dissolution of the Trustee; 

  

	 	(d)	(execution) levy or enforce any distress or other execution to, on, or against any assets of the Trustee; 

  

	 	(e)	(court appointed receiver) apply for the appointment by a court of a receiver to any of the assets of the Trustee; 

  

	 	(f)	(set-off or counterclaim) exercise or seek to exercise any set-off or counterclaim against the Trustee; or 

  

	 	(g)	(administrator) appoint, or agree to the appointment, of any administrator to the Trustee, 

 or take proceedings for any of the above and the Redraw Facility Provider waives its rights to make those applications and take those proceedings. 
  

	
	 28.   Redraw Facility Provider’s
Obligations
  

 The Trustee shall have no recourse to the Redraw Facility Provider in relation to this agreement beyond its
terms, and the Redraw Facility Provider’s obligations under this agreement are separate from, and independent to, any obligations the Redraw Facility Provider may have to the Trustee for any other reason (including under any other Trust
Document). 
  

	
	 29.   Successor Trustee
  

 The Redraw Facility Provider shall do all things reasonably necessary to enable any successor Trustee
appointed under clause 24 of the Master Trust Deed to become the Trustee under this agreement. 
  

			
	 	  	  
 Page 17

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

	
	 30.   Code of Banking Practice (2003)
  

 The Code of Banking Practice 2003 does not apply to this agreement or any banking service provided under it.

  

			
	 	  	  
 Page 18

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

 EXECUTED in Sydney. 
 Each attorney
executing this agreement states that he has no notice of revocation or suspension of his power of attorney. 
  

							
	SIGNED on behalf of	  	)	    		    	
				
	[*]	  	)	    		    	
	by its attorney	  	)	    		    	
				
	in the presence of:	  	)	    	  
	    	
		  		    	Signature	    	
				
	  
	  		    	  
	    	
	Witness	  		    	Print name	    	
				
	  
	  		    		    	
	Print name	  		    	

  

							
	SIGNED on behalf of	  	)	    		  	
				
	[*]	  	)	    		  	
				
	by its attorneys	  	)	    		  	
				
	in the presence of:	  	)	    	  
	  	
		  		    	Signature	  	
				
	  
	  		    	  
	  	
	Witness	  		    	Print name	  	
				
	  
	  		    	  
	  	
	Print name	  		    	Signature	  	
				
		  		    	  
	  	
		  		    	Print name	  	

  

			
	 	  	  
 Page 19

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

					
	SIGNED on behalf of	  	)	    	
			
	 WESTPAC SECURITISATION
  
	  	)	    	
	MANAGEMENT PTY LIMITED	  	)	    	
			
	by its attorney	  	)	    	
			
	in the presence of:	  	)	    	  

		  		    	Signature
			
	  
	  		    	  

	Witness	  		    	Print name
			
	  
	  		    	
	Print name	  		    	

  
  

			
	 	  	  
 Page 20

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

 ANNEXURE A 
  

	
	 DRAWDOWN NOTICE
  

 To:        [*] 
 REDRAW FACILITY AGREEMENT - DRAWDOWN NOTICE NO. [*] 
 We refer to the Redraw Facility Agreement dated
             200[*] (the Facility Agreement). 
 Under clause 3.1 of the Facility Agreement
we give you irrevocable notice as follows: 
  

	(1)	we wish to draw on [*] (the Drawdown Date); [NOTE: Date is to be a Business Day.] 

  

	(2)	the principal amount of the Redraw Advance is $[*]; [NOTE: Amount to comply with the limits in clause 3.] 

  

	(3)	we request that the proceeds be remitted to account number [*] at [*]; 

 [NOTE: The account(s) to be completed only if funds not required in repayment of any previous Redraw Advance(s).] 
  

	(4)	we represent and warrant that no Event of Default under the Facility Agreement, and no Event of Default as defined in the Security Trust Deed, subsists or will result from the drawing; and

  

	(5)	all representations and warranties under clause 11 of the Facility Agreement are true as though they had been made at the date of this Drawdown Notice and the Drawdown Date specified above in
respect of the facts and circumstances then subsisting. 

 Definitions in the Facility Agreement apply in this Drawdown Notice. 
 [*] as trustee of the Series [*] WST Trust 
  

			
	By:	 	                        [Authorised Signatory]
		
	DATED	 	

  
  

			
	 	  	  
 Page 21

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

 ANNEXURE B 
  

	
	 VERIFICATION CERTIFICATE
  

 To: [*] 
 REDRAW FACILITY AGREEMENT

 I [*] am an [attorney / Authorised Signatory] of [*] (the Company). 
 I refer to the Redraw Facility Agreement (the Facility Agreement) dated              200[*] between the
Company as Trustee, [*] and Westpac Securitisation Management Pty Limited. 
 Definitions in the Facility Agreement apply in this Certificate. 
 I CERTIFY as follows. 
  

	1.	Attached to this Certificate are complete and up to date copies of: 

  

	 	(a)	unless paragraph 2 below applies, the constitution of the Company (marked A); and 

  

	 	(b)	a power of attorney granted by the Company for the execution of the Facility Agreement to which it is expressed to be a party (marked B). That power of attorney has not been
revoked or suspended by the Company and remains in full force and effect. 

  

	2.	If the constitution of the Company is not attached to this certificate, there has been no change to them since the Company last gave a certified copy of them to [*]. 

 

	3.	The following are signatures of the Authorised Signatories of the Company and the persons who have been authorised to sign the Facility Agreement and to give notices and communications under
or in connection with the Facility Agreement. If no signatures are set out below, the Authorised Signatories with respect to the Facility Agreement have the same meaning as given in the Master Trust Deed. 

 Authorised Signatories 
  

					
	Name	  	Position	  	Signature
			
	*	  	*	  	  

			
	*	  	*	  	  

			
	*	  	*	  	  

			
	Signatories	  		  	
			
	Name	  	Position	  	Signature
			
	*	  	*	  	  

			
	*	  	*	  	  

			
	*	  	*	  	  

  

			
	 	  	  
 Page 22

			
	 Series [*] WST Trust Redraw Facility
 Agreement
  
	  	 

  

	

  

  

			
	Signed:	    	  

		
		    	[Attorney / Authorised Signatory]
		
		    	  

		
		    	Print name

 DATED  
  
  

			
	 	  	  
 Page 23

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]