Document:

efc7-1938_ex991.htm

    Exhibit
      10.1

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    LEHMAN
      BROTHERS

     

    Transaction

     

    
      	
              Date:

            	
              June
                29, 2007

               

            
	
              To:

            	
              Countrywide
                Home Loans, Inc.

               

            
	 	
              Attention: Documentation
                Unit

               

            
	
              From:

            	
              Lehman
                Brothers Special Financing Inc.

            
	 	
              Mandy
                Lee - Confirmations Group

            
	 	
              Facsimile:    (+1)
                646-885-9551 (United States of America)

            
	 	
              Telephone:   212-526-9257

            

    

     

    Ref.
      Numbers: Risk ID: 1569477L / Effort ID: N1450796 / Global Deal ID:
      3152133

     

    
      

    

    
      Dear
        Sir
        or Madam:

      

    

    The
      purpose of this communication (this “Confirmation”) is to confirm the terms and
      conditions of the transaction (the “Transaction”) entered into between Lehman
      Brothers Special Financing Inc. (“Party A”) and Countrywide Home Loans, Inc.
      (“Party B”) on the Trade Date specified below. This Confirmation constitutes a
“Confirmation” as referred to in the Agreement specified below.

     

    This
      Confirmation supplements, forms part of, and is subject to, the ISDA Master
      Agreement dated as of 06 June, 1996, as amended and supplemented from time
      to
      time, between Party A and Party B (the “Agreement”). All provisions contained in
      the Agreement shall govern this Confirmation except as expressly modified
      below.

     

    The
      definitions and provisions contained in the 2000 ISDA Definitions as published
      by the International Swaps and Derivatives Association, Inc. (the “Definitions”)
      are incorporated into this Confirmation. In the event of any inconsistency
      between the Definitions and the terms of this Confirmation, this Confirmation
      will govern. For the purpose of the Definitions, references herein to a
“Transaction” shall be deemed to be references to a “Swap
      Transaction”.

     

    Party
      A
      and Party B each represents that entering into the Transaction is within its
      capacity, is duly authorized and does not violate any laws of its jurisdiction
      of organization or residence or the terms of any agreement to which it is a
      party. Party A and Party B each represents that (a) it is not relying on the
      other party in connection with its decision to enter into this Transaction,
      and
      neither party is acting as an advisor to or fiduciary of the other party in
      connection with this Transaction regardless of whether the other party provides
      it with market information or its views; (b) it understands the risks of the
      Transaction and any legal, regulatory, tax, accounting and economic consequences
      resulting therefrom; and (c) it has determined based upon its own judgment
      and
      upon any advice received from its own professional advisors as it has deemed
      necessary to consult that entering into the Transaction is appropriate for
      such
      party in light of its financial capabilities and objectives. Party A and Party
      B
      each represents that upon due execution and delivery of this Confirmation,
      it
      will constitute a legally valid and binding obligation, enforceable against
      it
      in accordance with its terms, subject to applicable principles of bankruptcy
      and
      creditors’ rights generally and to equitable principles of general
      application.

     

    
      
        
          LEHMAN
            BROTHERS SPECIAL FINANCING INC.
LEHMAN
            BROTHERS INC.
745
            SEVENTH AVENUE, NEW YORK NY 10019

        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    The
      terms
      of the particular Transaction to which this Confirmation relates are as
      follows:

     

    
      	
              General
                Terms:

            	 
	
              Trade
                Date:

               

            	
              27
                June, 2007

            
	
              Effective
                Date:

               

            	
              29
                June, 2007

            
	
              Termination
                Date:

               

            	
              25
                June, 2012

            
	 	
              For
                purposes of the final Calculation Period on the Floating Amounts,
                Termination Date will be subject to adjustment in accordance with
                the
                Following Business Day Convention, and for purposes of the final
                Calculation Period on the Fixed Amounts, Termination Date will be
                subject
                to no adjustment.

               

            
	
              Notional
                Amount:

               

            	
              USD
                968,280,600 – subject to adjustment in accordance with Appendix A attached
                hereto.

            
	
              Floating
                Amounts:

               

            	 
	
              Floating
                Amount Payer:

               

            	
              Party
                A

            
	
              Floating
                Amount Payer Period End Dates:

            	
              The
                25th calendar day of each month, from and including 25 July, 2007
                to and
                including the Termination Date, subject to adjustment in accordance
                with
                the Following Business Day Convention.

               

            
	
              Floating
                Amount Payer Payment Dates:

               

            	
              One
                (1) Business Day prior to each Floating Amount Payer Period End
                Date.

               

            
	
              Floating
                Rate Option:

               

            	
              USD-LIBOR-BBA

            
	
              Designated
                Maturity:

               

            	
              1
                month, except for the initial Calculation Period which shall be Linear
                Interpolation

               

            
	
              Spread:

               

            	
              Inapplicable

            
	
              Floating
                Rate Day Count Fraction:

               

            	
              Actual/360

            
	
              Reset
                Dates:

               

            	
              The
                first day of each Calculation Period

            
	
              Fixed
                Amounts:

               

            	 
	
              Fixed
                Amount Payer:

               

            	
              Party
                B

            

    

     

    
      
        
        

      

      
        Page
          2 of 5

        
          

        

      

      
        
        

      

    

    
 

    
      	
              Fixed
                Amount Payer Period End Dates:

            	
              The
                25th calendar day of each month, from and including 25 July, 2007
                to and
                including the Termination Date, subject to no adjustment.

               

            
	
              Fixed
                Amount Payer Payment Dates:

            	
              The
                25th calendar day of each month, from and including 25 July, 2007
                to and
                including the Termination Date, subject to adjustment in accordance
                with
                the Following Business Day Convention.

               

            
	
              Fixed
                Rate:

               

            	
              5.35%
                per annum

            
	
              Fixed
                Rate Day Count Fraction:

               

            	
              30/360

            
	
              Business
                Days:

               

            	
              New
                York

            
	
              Additional
                Payment:

            	
              Party
                B shall pay Party A the sum of USD 100,000.00 on the Effective Date
                subject to adjustment in accordance with the Following Business Day
                Convention.

               

            
	
              Additional
                Provision:

               

            	 
	 	 
	
              Netting:

            	
              With
                respect to each Calculation Period, if a Net Payment Amount for such
                Calculation Period is owed by Party A, then such Net Payment Amount
                shall
                be paid by Party A to Party B on the Floating Amount Payer Payment
                Date,
                and if a Net Payment Amount for such Calculation Period is owed by
                Party
                B, then such Net Payment Amount shall be paid by Party B to Party
                A on the
                Fixed Amount Payer Payment Date. 

               

              Where,
                

               

              Net
                Payment Amount shall mean, for a Calculation Period, the excess of
                the
                larger aggregate amount payable and currently owed by one party over
                the
                smaller aggregate amount payable and currently owed by the other
                party.

               

            
	
              Miscellaneous:

               

            	 
	
              Calculation
                Agent:

               

            	
              As
                per the Agreement.

            
	
              Office:

            	
              For
                the purposes of this Transaction, Party A is not a Multibranch Party,
                and
                the Office of Party B is its Head Office.

               

            
	
              Account
                Details:

               

            	 
	
              Account
                Details of Party A:

            	
              JPMorgan
                Chase Bank, New York

              ABA#
                021000021

              A/C
                of Lehman Brothers Special Financing Inc.

              A/C
                # 066-143-543

               

            
	
              Account
                Details of Party B:

               

            	
              To
                be provided

            

    

     

    
      
         Risk
          ID:  1569477L / Effort ID:  N1450796 / Global Deal
          ID:  3152133

      

      
        Page
          3 of 5

        
          

        

      

      
        
        

      

    

     

    Please
      confirm your agreement with the foregoing by executing this Confirmation and
      returning such Confirmation, in its entirety, to us at facsimile number (+1)
      646-885-9551 (United States of
      America).  Attention:  Confirmations Group.

     

    
      	
              Yours
                sincerely,

            	
              Accepted
                and agreed to:

            
	 	 
	
              Lehman
                Brothers Special Financing

            	
              Countrywide
                Home Loans, Inc.

            
	 	 
	
              Anatoly
                Kozlov

              Lehman
                Brothers Special Financing Inc.

            	 
	 	
              By:

            	/s/
              Ellen Coleman 
	
               /s/
                Anatoly Kozlov

            	Name: 	Ellen
              Coleman
	 	Title: 	Vice
              President
	
               

            	
                    

            
	 	
                      

            

    

    

     

    
      
         Risk
          ID:  1569477L / Effort ID:  N1450796 / Global Deal
          ID:  3152133

      

      
        Page
          4 of 5

        
          

        

      

      
        
        

      

    

    
 

    Appendix
      A

     

    
      	
              *Calculation
                Periods from and including

            	
              *Calculation
                Periods up to but excluding

            	
              Notional
                Amount (USD)

            
	
              29
                June, 2007

            	
              25
                July, 2007

            	
              968,280,600.00

            
	
              25
                July, 2007

            	
              25
                August, 2007

            	
              934,137,200.00

            
	
              25
                August, 2007

            	
              25
                September, 2007

            	
              901,197,800.00

            
	
              25
                September, 2007

            	
              25
                October, 2007

            	
              869,419,900.00

            
	
              25
                October, 2007

            	
              25
                November, 2007

            	
              838,762,500.00

            
	
              25
                November, 2007

            	
              25
                December, 2007

            	
              809,186,200.00

            
	
              25
                December, 2007

            	
              25
                January, 2008

            	
              780,652,800,00

            
	
              25
                January, 2008

            	
              25
                February, 2008

            	
              753,125,500,00

            
	
              25
                February, 2008

            	
              25
                March, 2008

            	
              726,568,900.00

            
	
              25
                March, 2008

            	
              25
                April, 2008

            	
              700,948,700.00

            
	
              25
                April, 2008

            	
              25
                May, 2008

            	
              676,231,900.00

            
	
              25
                May, 2008

            	
              25
                June, 2008

            	
              652,386,700.00

            
	
              25
                June, 2008

            	
              25
                July, 2008

            	
              629,382,300.00

            
	
              25
                July, 2008

            	
              25
                August, 2008

            	
              607,189,100.00

            
	
              25
                August, 2008

            	
              25
                September, 2008

            	
              585,778,500,00

            
	
              25
                September, 2008

            	
              25
                October, 2008

            	
              565,122,900.00

            
	
              25
                October, 2008

            	
              25
                November, 2008

            	
              545,195,600.00

            
	
              25
                November, 2008

            	
              25
                December, 2008

            	
              525,971,000.00

            
	
              25
                December, 2008

            	
              25
                January, 2009

            	
              507,424,300.00

            
	
              25
                January, 2009

            	
              25
                February, 2009

            	
              489,531,600.00

            
	
              25
                February, 2009

            	
              25
                March, 2009

            	
              472,269,800.00

            
	
              25
                March, 2009

            	
              25
                April, 2009

            	
              455,616,700.00

            
	
              25
                April, 2009

            	
              25
                May, 2009

            	
              439,550,800.00

            
	
              25
                May, 2009

            	
              25
                June, 2009

            	
              424,051,400,00

            
	
              25
                June, 2009

            	
              25
                July, 2009

            	
              409,098,600.00

            
	
              25
                July, 2009

            	
              25
                August, 2009

            	
              394,673,000,00

            
	
              25
                August, 2009

            	
              25
                September, 2009

            	
              380,756,100.00

            
	
              25
                September, 2009

            	
              25
                October, 2009

            	
              367,329,900.00

            
	
              25
                October, 2009

            	
              25
                November, 2009

            	
              354,377,200.00

            
	
              25
                November, 2009

            	
              25
                December, 2009

            	
              341,881,200.00

            
	
              25
                December, 2009

            	
              25
                January, 2010

            	
              329,825,800.00

            
	
              25
                January, 2010

            	
              25
                February, 2010

            	
              318,195,500.00

            
	
              25
                February, 2010

            	
              25
                March, 2010

            	
              306,975,300.00

            
	
              25
                March, 2010

            	
              25
                April, 2010

            	
              296,150,800.00

            
	
              25
                April, 2010

            	
              25
                May, 2010

            	
              285,708,000.00

            
	
              25
                May, 2010

            	
              25
                June, 2010

            	
              275,633,400.00

            
	
              25
                June, 2010

            	
              25
                July, 2010

            	
              265,914,100.00

            
	
              25
                July, 2010

            	
              25
                August, 2010

            	
              256,537,500.00

            
	
              25
                August, 2010

            	
              25
                September, 2010

            	
              247,491,
                500.00

            
	
              25
                September, 2010

            	
              25
                October, 2010

            	
              238,764,500.00

            
	
              25
                October, 2010

            	
              25
                November, 2010

            	
              230,345,200.00

            
	
              25
                November, 2010

            	
              25
                December, 2010

            	
              222,222,800.00

            
	
              25
                December, 2010

            	
              25
                January, 2011

            	
              214,386,800.00

            
	
              25
                January, 2011

            	
              25
                February, 2011

            	
              206,827,100.00

            
	
              25
                February, 2011

            	
              25
                March, 2011

            	
              199,534,000.00

            
	
              25
                March, 2011

            	
              25
                April, 2011

            	
              192,498,100.00

            
	
              25
                April, 2011

            	
              25
                May, 2011

            	
              185,710,300.00

            
	
              25
                May, 2011

            	
              25
                June, 2011

            	
              179,161,800.00

            
	
              25
                June, 2010

            	
              25
                July, 2011

            	
              172,844,200.00

            
	
              25
                July, 2011

            	
              25
                August, 2011

            	
              166,749,400.00

            
	
              25
                August, 2011

            	
              25
                September, 2011

            	
              160,
                869,500.00

            
	
              25
                September, 2011

            	
              25
                October, 2011

            	
              155,196,900.00

            
	
              25
                October, 2011

            	
              25
                November, 2011

            	
              149,724,400.00

            
	
              25
                November, 2011

            	
              25
                December, 2011

            	
              144,444,800.00

            
	
              25
                December, 2012

            	
              25
                January, 2012

            	
              139,351,400.00

            
	
              25
                January, 2012

            	
              25
                February, 2012

            	
              134,437,600.00

            
	
              25
                February, 2012

            	
              25
                March, 2012

            	
              129,697,100.00

            
	
              25
                March, 2012

            	
              25
                April, 2012

            	
              125,123,700.00

            
	
              25
                April, 2012

            	
              25
                May, 2012

            	
              120,711,600.00

            
	
              25
                May, 2012

            	
              25
                June, 2012

            	
              116,455,100.00

            

    

     

    *with
      respect to each Fixed Amount Payer Period End Date, all such dates are subject
      to no adjustment, and with respect to each Floating Amount Payer Period End
      Date, all such dates are subject to adjustment in accordance with the Following
      Business Day Convention.

     

     Risk
      ID:  1569477L / Effort ID:  N1450796 / Global Deal
      ID:  3152133

     

    Page
      5 of
      5efc7-1938_ex992.htm

    Exhibit
      10.2

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Certificate
      Swap ISDA Master Agreement

    (Multicurrency—Cross
      Border)

     

    ISDA®

    International
      Swap Dealers Association, Inc

    MASTER
      AGREEMENT

     

    dated
      as
      of        June 29,
      2007             

     

    between

    
      	
              LEHMAN
                BROTHERS

              SPECIAL
                FINANCING INC.

            	
              and

            	
              THE
                BANK OF NEW YORK,

              not
                in its individual or corporate capacity but solely as Swap Contract
                Administrator for Alternative Loan Trust
                2007-OH2

            
	
              (Party
                A)

            	 	
              (Party
                B)

            

    

    have
      entered and/or anticipate entering into one or more transactions (each a
“Transaction”) that are or will be governed by this Master Agreement, which
      includes the schedule (the “Schedule”), and the documents and other confirming
      evidence (each a “Confirmation”) exchanged between the parties confirming those
      Transactions.  Accordingly, the parties agree as
      follows:  —

     

    1.           Interpretation

     

    (a)           Definitions.
      The terms defined in Section 14 and in the Schedule 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 (including the Schedule), 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 applicable condition precedent
      specified in this Agreement.

     

     

    
      
        
          Copyright
            © 1992 by International Swap Dealers Association, Inc.

        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      (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 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. 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 whom 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
will be determined in respect of all amounts payable on the same date in the
same currency in respect of such Transactions, regardless of whether such
amounts are payable in respect of the same Transaction. The election may be
made in the Schedule or a Confirmation by specifying that subparagraph (ii)
above will not apply to the Transactions identified as being subject to the
election, together with the starting date (in which case subparagraph (ii)
above will not, or will cease to, apply to such Transactions from such date).
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

            (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, on or after the date on which 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.

                                      2

      (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)).

(e) Default Interest; Other Amounts. Prior to the occurrence or effective
designation of an Early Termination Date in respect of the relevant
Transaction, a party that defaults in the performance of any payment
obligation will, to the extent permitted by law and subject to Section 6(c),
be required to pay interest (before as well as after judgment) on the overdue
amount to the other party on demand in the same currency as such overdue
amount, for the period from (and including) the original due date for payment
to (but excluding) the date of actual payment, at the Default Rate. Such
interest will be calculated on the basis of daily compounding and the actual
number of days elapsed. If, prior to the occurrence or effective designation
of an Early Termination Date in respect of the relevant Transaction, a party
defaults in the performance of any obligation required to be settled by
delivery, it will compensate the other party on demand if and to the extent
provided for in the relevant Confirmation or elsewhere in this Agreement.

3.    Representations

Each party represents 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) that: --

(a)   Basic Representations.

      (i)   Status. It is duly organised and validly existing under the laws
      of the jurisdiction of its organisation 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 authorise 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 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)).

                                      3

(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 perforating 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 or any of its Affiliates 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.

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 subparagraph (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 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 Authorisations. 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,

                                      4

organised, managed and controlled, or considered to have its seat, or in which
a branch or 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 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
      2(e) required to be made by it if such failure is not remedied on or
      before the third Local Business Day after notice of such failure is
      given to the party;

      (ii)  Breach of Agreement. 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 2(c)
      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 on or before the thirtieth day after notice of such
      failure is given to the party;

      (iii) Credit Support Default.

            (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 to be in
            full force and effect for the purpose of this Agreement (in either
            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;

      (iv)  Misrepresentation. A representation (other than a representation
      under Section 3(e) or (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
      (1) defaults under a Specified Transaction and, after giving effect to
      any applicable notice requirement or grace period, there occurs 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 or delivery due on the last payment, delivery or exchange
      date of, or any payment on early termination of, a Specified Transaction
      (or such default continues for at least three Local Business Days if
      there is no applicable notice requirement or grace period) or (3)
      disaffirms, disclaims, repudiates or rejects, in whole or in part, a
      Specified Transaction (or such action is taken by any person or entity
      appointed or empowered to operate it or act on its behalf);

      (vi)  Cross Default. If "Cross Default" is specified in the Schedule as
      applying to the party, the occurrence or existence of (1) a default,
      event of default or other similar condition or event (however

                                      5

      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) in an aggregate amount of 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 on the due date thereof in an aggregate amount of not less
      than the applicable Threshold Amount under such agreements or
      instruments (after giving effect to any applicable notice requirement or
      grace period);

      (vii) Bankruptcy. The party, any Credit Support Provider of such party
      or any applicable Specified Entity of such party: --

            (1)   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) institutes or 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, in the case of
            any such proceeding or petition instituted or presented against
            it, such proceeding or petition (A) 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 (B) is
            not dismissed, discharged, stayed or restrained in each case
            within 30 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 30 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 (1) to (7) (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

      (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, another
      entity and, at the time of such consolidation, amalgamation, merger or
      transfer: --

            (1)   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 by operation of law or pursuant to an
            agreement reasonably satisfactory to the other party to this
            Agreement; 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 an Illegality if
the event is specified in (i) below, a Tax Event if the event is specified in
(ii) below or a Tax Event Upon Merger if the event is specified in (iii)
below, and, if specified to be applicable, a Credit Event

                                      6

Upon Merger if the event is specified pursuant to (iv) below or an Additional
Termination Event if the event is specified pursuant to (v) below: --

      (i)  Illegality. Due to the adoption of, or any change in, any applicable
      law after the date on which a Transaction is entered into, or due to the
      promulgation of, or any change in, the interpretation by any court,
      tribunal or regulatory authority with competent jurisdiction of any
      applicable law after such date, it becomes unlawful (other than as a
      result of a breach by the party of Section 4(b)) for such party (which
      will be the Affected Party): --

            (1)   to perform any absolute or contingent obligation to make a
            payment or delivery or 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)   to perform, or for any Credit Support Provider of such party
            to perform, any contingent or other obligation which the party (or
            such Credit Support Provider) has under any Credit Support
            Document relating to such Transaction;

      (ii)  Tax Event. Due to (x) any action taken by a taxing authority, or
      brought in a court of competent jurisdiction, on or after the date on
      which a Transaction is entered into (regardless of whether such action
      is taken or brought with respect to a party to this Agreement) or (y) 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 Payment Date (1) 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 2(e), 6(d)(ii)
      or 6(e)) or (2) 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 2(e), 6(d)(ii) or 6(e)) 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));

      (iii)  Tax Event Upon Merger. The party (the "Burdened Party") on the
      next succeeding Scheduled Payment 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 2(e),
      6(d)(ii) or 6(e)) or (2) receive a payment from which an amount has been
      deducted or withheld for or on account of any Indemnifiable 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 to, another entity (which will be the Affected Party) where such
      action does not constitute an event described in Section 5(a)(viii);

      (iv) Credit Event Upon Merger. If "Credit Event Upon Merger" is
      specified in the Schedule as applying to the party, such party ("X"),
      any Credit Support Provider of X or any applicable Specified Entity of X
      consolidates or amalgamates with, or merges with or into, or transfers
      all or substantially all its assets to, another entity and such action
      does not constitute an event described in Section 5(a)(viii) but the
      creditworthiness of the resulting, surviving or transferee entity is
      materially weaker than that of X, such Credit Support Provider or such
      Specified Entity, as the case may be, immediately prior to such action
      (and, in such event, X or its successor or transferee, as appropriate,
      will be the Affected Party); or

      (v)   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 shall be as specified for such Additional Termination
      Event in the Schedule or such Confirmation).

(c)   Event of Default and Illegality. If an event or circumstance which would
otherwise constitute or give rise to an Event of Default also constitutes an
Illegality, it will be treated as an Illegality and will not constitute an
Event of Default.

                                      7

6.    Early Termination

(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 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 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 such other information about that Termination Event as
      the other party may reasonably require.

      (ii)  Transfer to avoid Termination Event. If either an Illegality under
      Section 5(b)(i)(1) or 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,
      excluding 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 an Illegality under Section 5(b)(i)(1) or
      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 thereof is given under Section 6(b)(i) on action to avoid that
      Termination Event.

      (iv) Right to Terminate If: --

            (1)   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

            (2)   an Illegality under Section 5(b)(i)(2), 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,

      either party in the case of an Illegality, 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 is more than one
      Affected Party, or the party which is not the Affected Party in the case
      of a Credit Event Upon Merger or an Additional Termination Event if
      there is only one Affected Party may, by not more than 20 days notice to
      the other party and provided that the relevant Termination Event is then

                                      8

      continuing, designate a day not earlier than the day such notice is
      effective as an Early Termination Date in respect of all Affected
      Transactions.

(c)   Effect of Designation.

      (i)   If notice designating an Early Termination Date is given under
      Section 6(a) or (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 2(e) 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 shall be determined pursuant to Section 6(e).

(d)   Calculations.

      (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 (1) showing, in reasonable
      detail, such calculations (including all relevant quotations and
      specifying any amount payable under Section 6(e)) and (2) 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
      obtained in determining a Market Quotation, the records of the party
      obtaining such quotation will be conclusive evidence of the existence
      and accuracy of such quotation.

      (ii)  Payment Date. An amount calculated as being due in respect of any
      Early Termination Date under Section 6(e) will be payable on the day
      that 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 on the day which is two Local Business Days after the
      day on which notice of the amount payable is effective (in the case of
      an Early Termination Date which is designated as a result of a
      Termination Event). Such amount will be paid together with (to the
      extent permitted under applicable law) interest thereon (before as well
      as after judgment) in the Termination Currency, from (and including) the
      relevant Early Termination Date to (but excluding) the date such amount
      is paid, at the Applicable Rate. Such interest will be calculated on the
      basis of daily compounding and the actual number of days elapsed.

(e)   Payments on Early Termination. If an Early Termination Date occurs, the
following provisions shall apply based on the parties' election in the
Schedule of a payment measure, either "Market Quotation" or "Loss", and a
payment method, either the "First Method" or the "Second Method". If the
parties fail to designate a payment measure or payment method in the Schedule,
it will be deemed that "Market Quotation" or the "Second Method", as the case
may be, shall apply. The amount, if any, payable in respect of an Early
Termination Date and determined pursuant to this Section will be subject to
any Set-off.

      (i)   Events of Default. If the Early Termination Date results from an
      Event of Default: --

            (1)   First Method and Market Quotation. If the First Method and
            Market Quotation apply, the Defaulting Party will pay to the
            Non-defaulting Party the excess, if a positive number, of (A) the
            sum of the Settlement Amount (determined by the Non-defaulting
            Party) in respect of the Terminated Transactions and the
            Termination Currency Equivalent of the Unpaid Amounts owing to the
            Non-defaulting Party over (B) the Termination Currency Equivalent
            of the Unpaid Amounts owing to the Defaulting Party.

            (2)   First Method and Loss. If the First Method and Loss apply,
            the Defaulting Party will pay to the Non-defaulting Party, if a
            positive number, the Non-defaulting Party's Loss in respect of
            this Agreement.

            (3) Second Method and Market Quotation. If the Second Method and
            Market Quotation apply, an amount will be payable equal to (A) the
            sum of the Settlement Amount (determined by the

                                      9

            Non-defaulting Party) in respect of the Terminated Transactions
            and the Termination Currency Equivalent of the Unpaid Amounts
            owing to the Non-defaulting Party less (B) the Termination
            Currency Equivalent of the Unpaid Amounts owing to the Defaulting
            Party. If that 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
            that amount to the Defaulting Party.

            (4)   Second Method and Loss. If the Second Method and Loss apply,
            an amount will be payable equal to the Non-defaulting Party's Loss
            in respect of this Agreement. If that 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 that amount to the Defaulting Party.

      (ii)  Termination Events. If the Early Termination Date results from a
      Termination Event: --

            (1)   One Affected Party. If there is one Affected Party, the
            amount payable will be determined in accordance with Section
            6(e)(i)(3), if Market Quotation applies, or Section 6(e)(i)(4), if
            Loss applies, except that, in either case, references to the
            Defaulting Party and to the Non-defaulting Party will be deemed to
            be references to the Affected Party and the party which is not the
            Affected Party, respectively, and, if Loss applies and fewer than
            all the Transactions are being terminated, Loss shall be
            calculated in respect of all Terminated Transactions.

            (2)   Two Affected Parties. If there are two Affected Parties: --

                  (A)   if Market Quotation applies, each party will determine
                  a Settlement Amount in respect of the Terminated
                  Transactions, and an amount will be payable equal to (I) the
                  sum of (a) one-half of the difference between the Settlement
                  Amount of the party with the higher Settlement Amount ("X")
                  and the Settlement Amount of the party with the lower
                  Settlement Amount ("Y") and (b) the Termination Currency
                  Equivalent of the Unpaid Amounts owing to X less (II) the
                  Termination Currency Equivalent of the Unpaid Amounts owing
                  to Y; and

                  (B)   if Loss applies, each party will determine its Loss in
                  respect of this Agreement (or, if fewer than all the
                  Transactions are being terminated, in respect of all
                  Terminated Transactions) and an amount will be payable equal
                  to one-half of the difference between the Loss of the party
                  with the higher Loss ("X") and the Loss of the party with
                  the lower Loss ("Y").

            If the amount payable is a positive number, Y will pay it to X; if
            it is a negative number, X will pay the absolute value of that
            amount to Y.

      (iii) Adjustment for Bankruptcy. In circumstances where an Early
      Termination Date occurs because "Automatic Early Termination" applies in
      respect of a party, the amount determined under this Section 6(e) will
      be subject to such adjustments as are appropriate and permitted by 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)  Pre-Estimate. The parties agree that if Market Quotation applies 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 such losses.

                                      10

7.    Transfer

Subject to Section 6(b)(ii), 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
amount payable to it from a Defaulting Party under Section 6(e).

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

8. Contractual Currency

(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 a
reasonable manner and in good faith 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 (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 convened into the currency of the judgment or order for the purposes of
such judgment or order and the rate of exchange at which such party is able,
acting in a reasonable manner and in good faith 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. The term "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.

(c)   Separate Indemnities. To the extent permitted by applicable law, these
indemnities 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.

                                      11

9.    Miscellaneous

(a)   Entire Agreement. This Agreement constitutes the entire agreement and
understanding of the parties with respect to its subject matter and supersedes
all oral communication and prior writings with respect thereto.

(b)   Amendments. No amendment, modification or waiver in respect of this
Agreement will be effective unless 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 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.

(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), 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 shall 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 or by an
      exchange of electronic messages on an electronic messaging system, 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 or
      electronic message 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.

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 the other party that, notwithstanding the place of booking
office or jurisdiction of incorporation or organisation of such party, the
obligations of such party are the same as if it had entered into the
Transaction through its head or home office. This representation will be
deemed to be repeated by such party on each date on which a Transaction is
entered into.

(b)   Neither party may change the Office through which it makes and receives
payments or deliveries for the purpose of a Transaction without the prior
written consent of the other party.

(c)   If a party is specified as a Multibranch Party in the Schedule, such
Multibranch Party may make and receive payments or deliveries under any
Transaction through any Office listed in the Schedule, and the Office through
which it makes and receives payments or deliveries with respect to a
Transaction will be specified in the relevant Confirmation.

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 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

                                      12

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 set forth below (except that a notice or
other communication under Section 5 or 6 may not be given by facsimile
transmission or electronic messaging system) to the address or number or in
accordance with the electronic messaging system 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 answer back is
      received;

      (iii) if sent by facsimile transmission, on the date that transmission
      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 that mail is
      delivered or its delivery is attempted; or

      (v)   if sent by electronic messaging system, on the date that electronic
      message is received,

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 shall be deemed given and
effective on the first following day that is a Local Business Day.

(b)   Change of Addresses. Either party may by notice to the other change the
address, telex or facsimile number or electronic messaging system 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
this Agreement ("Proceedings"), each party irrevocably: --

      (i)   submits to the jurisdiction of the English courts, if this Agreement
      is expressed to be governed by English law, or 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, if this Agreement is expressed to be governed by the laws of the
      State of New York; and

      (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.

Nothing in this Agreement precludes either party from bringing Proceedings in
any other jurisdiction (outside, if this Agreement is expressed to be governed
by English law, the Contracting States, as defined in Section 1(3) of the
Civil Jurisdiction and Judgments Act 1982 or any modification, extension or
re-enactment thereof for the time being in force) nor will the bringing of
Proceedings in any one or more jurisdictions 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

                                      13

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.
Nothing in this Agreement will affect the right of either party to serve
process in any other manner permitted by law.

(d) Waiver of Immunities. Each party irrevocably waives, to the fullest 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 or other similar grounds from (i) suit, (ii)
jurisdiction of any court, (iii) relief by way of injunction, order for
specific performance or for 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 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, Tax Event or Tax Event Upon Merger, all
Transactions affected by the occurrence of such Termination Event 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.

"Applicable Rate" means: --

(a)   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;

(b)   in respect of an obligation to pay an amount under Section 6(e) of either
party from and after the date (determined in accordance with Section 6(d)(ii))
on which that amount is payable, the Default Rate;

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

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

"Burdened Party" has the meaning specified in Section 5(b).

"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 on or after the
date on which the relevant Transaction is entered into.

"consent" includes a consent, approval, action, authorisation, exemption,
notice, filing, registration or exchange control consent.

"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.

"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.

                                      14

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

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

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

"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).

"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 "lawful" and "unlawful" will be construed accordingly.

"Local Business Day" means, subject to the Schedule, a day on which commercial
banks are open for business (including dealings in foreign exchange and
foreign currency deposits) (a) in relation to any obligation under Section
2(a)(i), in the place(s) specified in the relevant Confirmation or, if 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) in relation to any other payment, 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, (c) in relation to any notice
or other communication, including notice contemplated under Section 5(a)(i),
in the city 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 (d) in relation to Section
5(a)(v)(2), in the relevant locations for performance with respect to such
Specified Transaction.

"Loss" means, with respect to this Agreement or one or more Terminated
Transactions, as the case may be, and a party, the Termination Currency
Equivalent of an amount that party reasonably determines in good faith to be
its total losses and costs (or gain, in which case expressed as a negative
number) in connection with this Agreement or that Terminated Transaction or
group of Terminated Transactions, as the case may be, including any loss of
bargain, cost of funding or, at the election of such party but without
duplication, loss or cost incurred as a result of its terminating,
liquidating, obtaining or reestablishing any hedge or related trading position
(or any gain resulting from any of them). Loss includes losses and costs (or
gains) in respect of any payment or delivery required to have been made
(assuming satisfaction of each applicable condition precedent) on or before
the relevant Early Termination Date and not made, except, so as to avoid
duplication, if Section 6(e)(i)(1) or (3) or 6(e)(ii)(2)(A) applies. Loss does
not include a party's legal fees and out-of-pocket expenses referred to under
Section 11. A party will determine its Loss as of the relevant Early
Termination Date, or, if that is not reasonably practicable, as of the
earliest date thereafter as is reasonably practicable. A party may (but need
not) determine its Loss by reference to quotations of relevant rates or prices
from one or more leading dealers in the relevant markets.

"Market Quotation" means, with respect to one or more Terminated Transactions
and a party making the determination, an amount determined on the basis of
quotations from Reference Market-makers. Each quotation will be for an amount,
if any, that would be paid to such party (expressed as a negative number) or
by such party (expressed as a positive number) in consideration of an
agreement between such party (taking into account any existing Credit Support
Document with respect to the obligations of such party) and the quoting
Reference Market-maker to enter into a transaction (the "Replacement
Transaction") that would have the effect of preserving for such party the
economic equivalent of any payment or delivery (whether the underlying
obligation was absolute or contingent and assuming the satisfaction of each
applicable condition precedent) by the parties under Section 2(a)(i) in
respect of such Terminated Transaction or group of Terminated Transactions
that would, but for the occurrence of the relevant Early Termination Date,
have

                                      15

been required after that date. For this purpose, Unpaid Amounts in respect of
the Terminated Transaction or group of Terminated Transactions are to be
excluded but, without limitation, any payment or delivery that would, but for
the relevant Early Termination Date, have been required (assuming satisfaction
of each applicable condition precedent) after that Early Termination Date is
to be included. The Replacement Transaction would be subject to such
documentation as such party and the Reference Market-maker may, in good faith,
agree. The party making the determination (or its agent) will request each
Reference Market-maker to provide its quotation to the extent reasonably
practicable as of the same day and time (without regard to different time
zones) on or as soon as reasonably practicable after the relevant Early
Termination Date. The day and time as of which those quotations are to be
obtained will be selected in good Faith by the party obliged to make a
determination under Section 6(e), and, if each party is so obliged, after
consultation with the other. If more than three quotations are provided, the
Market Quotation will be the arithmetic mean of the quotations, without regard
to the quotations having the highest and lowest values. If exactly three such
quotations are provided, the Market Quotation will be the quotation remaining
after disregarding the highest and lowest quotations. For this purpose, if
more than one quotation has the same highest value or lowest value, then one
of such quotations shall be disregarded. If fewer than three quotations are
provided, it will be deemed that the Market Quotation in respect of such
Terminated Transaction or group of Terminated Transactions cannot be
determined.

"Non-default Rate" means a rate per annum equal to the cost (without proof or
evidence of any actual cost) to the Non-defaulting Party (as certified by it)
if it were to fund the relevant amount.

"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.

"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.

"Reference Market-makers" means four leading dealers in the relevant market,
selected by the party determining a Market Quotation in good faith (a) from
among dealers of the highest credit standing which satisfy all the criteria
that such party applies generally at the time in deciding whether to offer or
to make an extension of credit and (b) to the extent practicable, from among
such dealers having an office in the same city.

"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.

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

"Set-off" means set-off, offset, combination of accounts, right of retention
or withholding or similar right or requirement to which the payer of an amount
under Section 6 is entitled or subject (whether arising under this Agreement,
another contract, applicable law or otherwise) that is exercised by, or
imposed on, such payer.

"Settlement Amount" means, with respect to a party and any Early Termination
Date, the sum of: --

(a)   the Termination Currency Equivalent of the Market Quotations (whether
positive or negative) for each Terminated Transaction or group of Terminated
Transactions for which a Market Quotation is determined; and

(b)   such party's Loss (whether positive or negative and without reference to
any Unpaid Amounts) for each Terminated Transaction or group of Terminated
Transactions for which a Market Quotation cannot be determined or would not
(in the reasonable belief of the party making the determination) produce a
commercially reasonable result.

"Specified Entity" has the meanings specified in the Schedule.

                                      16

"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 thereto) 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 a
rate swap transaction, 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 or any other similar
transaction (including any option with respect to any of these transactions),
(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.

"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 a Termination Event, all Affected Transactions and (b) if
resulting from an Event of Default, all Transactions (in either case) in
effect 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" has the meaning specified in the Schedule.

"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 Market Quotation or Loss (as the case may be), 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 Tax Event or 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.

      "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)) to such party under Section 2(a)(i)
      on or prior to such Early Termination Date and which remain unpaid as at
      such Early Termination Date and (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)) 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

                                      17

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

     

    
      
         

        value
          of
          that which was (or would have been) required to be delivered as of the
          originally scheduled date for delivery, in each case together with (to
          the
          extent permitted under applicable law) interest, in the currency of such
          amounts, from (and including) the date such amounts or obligations were
          or would
          have been required to have been paid or performed to (but excluding) such
          Early
          Termination Date, at the Applicable Rate. Such amounts of interest will
          be
          calculated on the basis of daily compounding and the actual number of days
          elapsed. The fair market value of any obligation referred to in clause
          (b) above
          shall be reasonably determined by the party obliged to make the determination
          under Section 6(e) or, if each party is so obliged, it shall be the average
          of
          the Termination Currency Equivalents of the fair market values reasonably
          determined by both parties.

      

    

     

    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.

     

    
      	
              LEHMAN
                BROTHERS

              SPECIAL
                FINANCING INC.

            	 	
              THE
                BANK OF NEW YORK,

              not
                in its individual or corporate capacity but solely as Swap Contract
                Administrator for Alternative Loan Trust
                2007-OH2

            
	
              (Party
                A)

            	 	
              (Party
                B)

            
	 	 	 
	
              By:

            	
              
                /s/
                  S. Sefton

              

            	 	
              By:

            	 /s/ 
              Matthew Sabino
	 	
              Name:  Scott
                Sefton

            	 	 	
              Name:  
                Matthew Sabino

            
	 	
              Title:  Vice
                President

            	 	 	
              Title:    
                Assistant Treasurer

            
	 	
              6/29/07

            	 	 	 

    

     

    
      
        ISDA®
1992

      

      
        18

        
          

        

      

      
        
        

      

    

    (Multicurrency-Cross
      Border)

     

    SCHEDULE

    to
      the

    Master
      Agreement

    dated
      as
      of June 29, 2007

    between

    LEHMAN
      BROTHERS SPECIAL FINANCING INC. (“Party A”),

    and

    THE
      BANK OF NEW YORK, not in its individual or corporate capacity but solely
      as

    Swap
      Contract Administrator for Alternative Loan Trust 2007-OH2 (“Party
      B”)

     

    All
      terms used herein and not otherwise defined are given their meaning in the
      Pooling and Servicing Agreement for Alternative Loan Trust 2007-OH2 dated as
      of
      June 1, 2007 among CWALT, Inc., as depositor, Park Granada LLC, as a seller,
      Park Monaco Inc., as a seller, Park Sienna LLC, as a seller, Countrywide Home
      Loans, Inc., as a seller, Countrywide Home Loans Servicing LP, as master
      servicer, and The Bank of New York, as trustee (the “Pooling and Servicing
      Agreement”).

     

    Part
      1:  Termination Provisions

     

    For
      the
      purposes of this Agreement:

     

    (a)           “Specified
      Entity” will not apply to Party A or Party B for any
      purpose.

     

    (b)           “Specified
      Transaction” will not apply to Party A or Party B for any
      purpose.

     

    (c)           Events
      of Default.

     

    The
      statement below that an Event of Default will apply to a specific party means
      that upon the occurrence of such an Event of Default with respect to such party,
      the other party shall have the rights of a Non-defaulting Party under Section
      6
      of this Agreement; conversely, the statement below that such event will not
      apply to a specific party means that the other party shall not have such
      rights.

     

    
      	
               

            	
              (i)

            	
              The
                “Failure to Pay or Deliver” provisions of Section 5(a)(i)
                will apply to Party A and will apply to Party B; provided, however,
                that
                Section 5(a)(i) is hereby amended by replacing the word “third” with the
                word “first”.

            

    

     

    
      	
               

            	
              (ii)

            	
              The
                “Breach of Agreement” provisions of Section 5(a)(ii) will
                apply to Party A and will not apply to Party
                B.

            

      	 	 	 

      	 	(iii)	
              The
                “Credit Support Default” provisions of Section 5(a)(iii)
                will apply to Party A and will not apply to Party B except that Section
                5(a)(iii)(1) will apply to Party B solely in respect of Party B’s
                obligations under Paragraph 3(b) of the Credit Support Annex; provided,
                however, that notwithstanding anything to the contrary in Section
                5(a)(iii)(1), any failure by Party A to comply with or perform any
                obligation to be complied with or performed by Party A under the
                Credit
                Support Annex shall not constitute an Event of Default under Section
                5(a)(iii) unless (i) a Moody’s Second Trigger Ratings Event has occurred
                and been continuing for 30 or more Local Business Days or (ii) an
                S&P
                Required Ratings Event has occurred and been continuing for 10 or
                more
                Local Business Days.

            

    

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

     

    
      	 	(iv)	The
              “Misrepresentation” provisions of Section 5(a)(iv) will
              apply to Party A and will not apply to Party
              B.

    

     

    
      	
               

            	
              (v)

            	
              The
                “Default under Specified Transaction” provisions of
                Section 5(a)(v) will not apply to Party A and will not apply to Party
                B.

            

      	 	 	 

      	 	(vi)	The
              “Cross Default” provisions of Section 5(a)(vi) will apply
              to Party A and will not apply to Party B.  For purposes of
              Section 5(a)(vi), solely with respect to Party
              A:

    

     

    “Specified
      Indebtedness” will have the meaning specified in Section 14.

     

    “Threshold
      Amount” means an amount equal to three percent (3%) of the Stockholders’ Equity
      of Lehman Brothers Holdings Inc. (“Lehman Brothers Holdings Inc.” or
“Holdings”), in the case of Party A and Holdings (or its equivalent in any other
      currency).

     

    “Stockholders’
      Equity” means with respect to an entity, at any time, the sum at such time of
      (i) its capital stock (including preferred stock) outstanding, taken at par
      value, (ii) its capital surplus and (iii) its retained earnings, minus (iv)
      treasury stock, each to be determined in accordance with generally accepted
      accounting principles consistently applied.

    
       

      
        	 	(vii)	
                The
                  “Bankruptcy” provisions of Section 5(a)(vii) will apply
                  to Party A and will apply to Party B except that the provisions
                  of Section
                  5(a)(vii)(2), (6) (to the extent that such provisions refer to
                  any
                  appointment contemplated or effected by the Pooling and Servicing
                  Agreement or any appointment to which Party B has not become subject),
                  (7)
                  and (9) will not apply to Party B; provided that, with respect
                  to Party B
                  only, (i) Section 5(a)(vii)(4) is hereby amended by adding after
                  the words
                  “against it” the words “(excluding any proceeding or petition instituted
                  or presented by Party A or its Affiliates)” and (ii) Section 5(a)(vii)(8)
                  is hereby amended by deleting the words “to (7) (inclusive)” and inserting
                  in lieu thereof “, (3), (4) as amended, (5) and (6) as
                  amended”.

              

        	 	 	 

        	 	(viii)	The
                “Merger Without Assumption” provisions of Section
                5(a)(viii) will apply to Party A and will not apply to Party
                B.

      

       

    

    (d)           Termination
      Events.

     

    The
      statement below that a Termination Event will apply to a specific party means
      that upon the occurrence of such a Termination Event, if such specific party
      is
      the Affected Party with respect to a Tax Event, the Burdened Party with respect
      to a Tax Event Upon Merger (except as noted below) or the non-Affected Party
      with respect to a Credit Event Upon Merger, as the case may be, such specific
      party shall have the right to designate an Early Termination Date in accordance
      with Section 6 of this Agreement; conversely, the statement below that such
      an
      event will not apply to a specific party means that such party shall not have
      such right; provided, however, with respect to “Illegality” the statement that
      such event will apply to a specific party means that upon the occurrence of
      such
      a Termination Event with respect to such party, either party shall have the
      right to designate an Early Termination Date in accordance with Section 6 of
      this Agreement.

     

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (i)

            	
              The
                “Illegality” provisions of Section 5(b)(i) will apply to
                Party A and will apply to Party B.

            

    

     

    
      	
               

            	
              (ii)

            	
              The
                “Tax Event” provisions of Section 5(b)(ii) will apply to
                Party A except that, for purposes of the application of Section 5(b)(ii)
                to Party A, Section 5(b)(ii) is hereby amended by deleting the words
“(x)
                any action taken by a taxing authority, or brought in a court of
                competent
                jurisdiction, on or after the date on which a Transaction is entered
                into
                (regardless of whether such action is taken or brought with respect
                to a
                party to this Agreement) or (y)” and the “Tax Event”
                provisions of Section 5(b)(ii) will apply to Party
                B.

            

      	 	 	 

      	 	(iii)	
              The
                “Tax Event Upon Merger” provisions of Section 5(b)(iii)
                will apply to Party A and will apply to Party B, provided that Party
                A
                shall not be entitled to designate an Early Termination Date by reason
                of
                a Tax Event upon Merger in respect of which it is the Affected
                Party.

            

      	 	 	 

      	 	(iv)	The
              “Credit Event Upon Merger” provisions of Section 5(b)(iv)
              will not apply to Party A and will not apply to Party
              B.

    

     

    
      	
              (e)

            	
              The
                “Automatic Early Termination” provision of Section 6(a)
                will not apply to Party A and will not apply to Party
                B.

            

    

     

    
      	
              (f)

            	
              Payments
                on Early Termination.  For the purpose of Section 6(e)
                of this Agreement:

            

    

     

    
      	
               

            	
              (i)

            	
              Market
                Quotation will apply, provided, however, that, if an Early Termination
                Date has been designated by Party B in respect of a Derivative Provider
                Trigger Event, the following provisions will
                apply:

            

    

     

    
      	
               

            	
              (A)

            	
              The
                definition of Market Quotation in Section 14 shall be deleted in
                its
                entirety and replaced with the
                following:

            

    

     

    “Market
      Quotation” means, with respect to one or more Terminated
      Transactions, a Firm Offer which is (1) made by a Reference Market-maker that
      is
      an Eligible Replacement, (2) for an amount that would be paid to Party B
      (expressed as a negative number) or by Party B (expressed as a positive number)
      in consideration of an agreement between Party B and such Reference Market-maker
      to enter into a Replacement Transaction and (3) made on the basis that Unpaid
      Amounts in respect of the Terminated Transaction or group of Transactions are
      to
      be excluded but, without limitation, any payment or delivery that would, but
      for
      the relevant Early Termination Date, have been required (assuming satisfaction
      of each applicable condition precedent) after that Early Termination Date is
      to
      be included.

     

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (B)

            	
              The
                definition of Settlement Amount shall be deleted in its entirety
                and
                replaced with the following:

            

    

     

    “Settlement
      Amount” means, with respect to any Early Termination Date, an
      amount (as determined by Party B) equal to:

     

    
      	
               

            	
              (a)

            	
              If
                a Market Quotation for the relevant Terminated Transaction or group
                of
                Terminated Transactions is accepted by Party B so as to become legally
                binding on or before the day falling ten Local Business Days after
                the day
                on which the Early Termination Date is designated, or such later
                day as
                Party B may specify in writing to Party A, but in either case no
                later
                than one Local Business Day prior to the Early Termination Date (such
                day,
                the “Latest Settlement Amount Determination Day”), the Termination
                Currency Equivalent of the amount (whether positive or negative)
                of such
                Market Quotation;

            

    

     

    
      	
               

            	
              (b)

            	
              If,
                on the Latest Settlement Amount Determination Day, no Market Quotation
                for
                the relevant Terminated Transaction or group of Terminated Transactions
                has been accepted by Party B so as to become legally binding and
                one or
                more Market Quotations have been communicated to Party B and remain
                capable of becoming legally binding upon acceptance by Party B, the
                Settlement Amount shall equal the Termination Currency Equivalent
                of the
                amount (whether positive or negative) of the lowest of such Market
                Quotations (for the avoidance of doubt, the lowest of such Market
                Quotations shall be the lowest Market Quotation of such Market Quotations
                expressed as a positive number or, if any of such Market Quotations
                is
                expressed as a negative number, the Market Quotation expressed as
                a
                negative number with the largest absolute value);
                or

            

    

     

    
      	
               

            	
              (c)

            	
              If,
                on the Latest Settlement Amount Determination Day, no Market Quotation
                for
                the relevant Terminated Transaction or group of Terminated Transactions
                is
                accepted by Party B so as to become legally binding and no Market
                Quotations have been communicated to Party B and remain capable of
                becoming legally binding upon acceptance by Party B, the Settlement
                Amount
                shall equal Party B’s Loss (whether positive or negative and without
                reference to any Unpaid Amounts) for the relevant Terminated Transaction
                or group of Terminated
                Transactions,

            

    

     

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (C)

            	
              If
                Party B requests Party A in writing to obtain Market Quotations,
                Party A
                shall use its reasonable efforts to do so before the Latest Settlement
                Amount Determination Day.

            

    

     

    
      	
               

            	
              (D)

            	
              If
                the Settlement Amount is a negative number, Section 6(e)(i)(3) shall
                be
                deleted in its entirety and replaced with the
                following:

            

    

     

    “(3)
      Second Method and Market Quotation. If the Second Method and Market
      Quotation apply, (I) Party B shall pay to Party A an amount equal to the
      absolute value of the Settlement Amount in respect of the Terminated
      Transactions, (II) Party B shall pay to Party A the Termination Currency
      Equivalent of the Unpaid Amounts owing to Party A and (III) Party A shall pay
      to
      Party B the Termination Currency Equivalent of the Unpaid Amounts owing to
      Party
      B; provided, however, that (x) the amounts payable under the immediately
      preceding clauses (II) and (III) shall be subject to netting in accordance
      with
      Section 2(c) of this Agreement and (y) notwithstanding any other provision
      of
      this Agreement, any amount payable by Party A under the immediately preceding
      clause (Ill) shall not be netted-off against any amount payable by Party B
      under
      the immediately preceding clause (I).”

     

    
      	
               

            	
              (E)

            	
              At
                any time on or before the Latest Settlement Amount Determination
                Day at
                which two or more Market Quotations have been communicated to Party
                B and
                remain capable of becoming legally binding upon acceptance by Party
                B,
                Party B shall be entitled to accept only the lowest of such Market
                Quotations (for the avoidance of doubt, the lowest of such Market
                Quotations shall be the lowest Market Quotation of such Market Quotations
                expressed as a positive number or, if any of such Market Quotations
                is
                expressed as a negative number, the Market Quotation expressed as
                a
                negative number with the largest absolute
                value).

            

    

     

    
      	
               

            	
              (ii)

            	
              The
                Second Method will apply.

            

    

     

    (g)           “Termination
      Currency” means USD.

     

    
      	
              (h)

            	
              Additional
                Termination Events. Additional Termination Events will apply as
                provided in Part 5(c).

            

    

     

    Part
      2:  Tax Representations

     

    (a)           Tax
      Representations.

     

    
      	
               

            	
              (1)

            	
              Payer
                Representations.  For the purpose of Section 3(e) of
                this Agreement:

            

    

     

    
      	
               

            	
              (A)

            	
              Party
                A makes the following
                representation(s):

            

    

     

    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 2(e), 6(d)(ii) or 6(e) of this Agreement) to be
      made
      by it to the other party under this Agreement. In making this representation,
      it
      may rely on:  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,
      provided that it shall not be a breach of this representation where reliance
      is
      placed on clause (ii) 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.

     

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (B)

            	
              Party
                B makes the following
                representation(s):

            

    

     

    None.

     

    
      	
               

            	
              (ii)

            	
              Payee
                Representations. For the purpose of Section 3(f) of this
                Agreement:

            

    

     

    
      	
               

            	
              (A)

            	
              Party
                A makes the following
                representation(s):

            

    

     

    Party
      A
      represents that it is a corporation duly organized and validly existing under
      the laws of the State of Delaware.

     

    
      	
               

            	
              (B)

            	
              Party
                B makes the following
                representation(s):

            

    

     

    None.

     

    (b)           Tax
      Provisions.

     

    
      	
               

            	
              (i)

            	
              Gross
                Up. Section 2(d)(i)(4) shall not apply to Party B as X and
                Section 2(d)(ii) shall not apply to Party B as Y, in each case such
                that
                Party B shall not be required to pay any additional amounts referred
                to
                therein.

            

    

     

    
      	
               

            	
              (ii)

            	
              lndemnifiable
                Tax. The definition of “Indemnifiable Tax” in Section 14 is
                deleted in its entirety and replaced with the
                following:

            

    

     

    “Indemnifiable
      Tax” means, in relation to payments by Party A, any Tax and, in
      relation to payments by Party B, no Tax.

     

    Part
      3:  Agreement to Deliver Documents

     

    
      	
               

            	
              (a)

            	
              Tax
                forms, documents or certificates to be delivered
                are:

            

    

     

    
      
        
        

      

      
        25

        
          

        

      

      
        
        

      

    

     

    
      	
              Party
                required

              to
                deliver document

            	 	
              Form/Document/Certificate

            	 	
              Date
                by which

              to
                be delivered

            
	
              Party
                A and Party B

            	 	
              Any
                document required or reasonably requested to allow the other party
                to make
                payments under this Agreement without any deduction or withholding
                for or
                on the account of any Tax or with such deduction or withholding at
                a
                reduced rate.

            	 	
              Promptly
                after reasonable demand by either party.

            
	 	 	 	 	 

    

    
      	
              (b)

            	
              Other
                Documents to be delivered are (any document to be delivered below
                via
                internet shall be deemed to be furnished in writing for purposes
                of
                Section 3(d) of the Agreement):

            

    

     

    
      	
              Party
                required to deliver document

            	 	
              Form/Document/Certificate

            	 	
              Date
                by which to be delivered

            	 	
              Covered
                by Section 3(d) representation

            
	
              Party
                A and Party B

            	 	
              Any
                documents required or reasonably requested by the receiving party
                to
                evidence authority of the delivering party or its Credit Support
                Provider,
                if any, to execute and deliver this Agreement, any Confirmation and
                any
                Credit Support Documents to which it is a party, and to evidence
                the
                authority of the delivering party or its Credit Support Provider
                to
                perform its obligations under this Agreement, such Confirmation and/or
                Credit Support Document, as the case may be.

            	 	
              Upon
                execution.

            	 	
              Yes

            
	
              Party
                A and Party B

            	 	
              A
                certificate of an authorized officer of the party, as to the incumbency
                and authority of the respective officers of the party signing this
                Agreement, any relevant Credit Support Document or any Confirmation,
                as
                the case may be.

            	 	
              Upon
                execution

            	 	
              Yes

            
	
              Party
                A

            	 	
              A
                copy of the annual report of its Credit Support Provider containing
                audited consolidated financial statements for such fiscal year certified
                by independent public accountants and prepared in accordance with
                generally accepted accounting principles consistently
                applied.

            	 	
              Upon
                request

            	 	
              Yes

            
	
              Party
                A

            	 	
              For
                its most recent fiscal quarter, a copy of the unaudited financial
                statements of its Credit Support Provider, prepared in accordance
                with
                generally accepted accounting principles consistently
                applied.

            	 	
              Upon
                request

            	 	
              Yes

            
	
              Party
                A

            	 	
              An
                opinion of counsel to such party reasonably satisfactory in form
                and
                substance to the other party regarding the enforceability of this
                Agreement, any Confirmation and any Credit Support Documents to which
                it
                is a party.

            	 	
              Upon
                execution

            	 	
              No

            
	
              Party
                A

            	 	
              A
                guarantee of Lehman Brothers Holdings Inc. (“Holdings”) substantially in
                the form of Exhibit B to this Schedule.

            	 	
              Upon
                execution

            	 	
              No

            
	
              Party
                B

            	 	
              Executed
                copy of the Pooling and Servicing Agreement

            	 	
              Upon
                the filing of the Pooling and Servicing Agreement on the Security
                and
                Exchange Commission’s EDGAR system

            	 	
              Yes

            
	
              Party
                B

            	 	
              An
                opinion of counsel to Party B reasonably acceptable to Party
                A.

            	 	
              Upon
                execution of this Agreement

            	 	
              No

            
	
              Party
                B

            	 	
              Monthly
                Report

            	 	
              At
                such time as each is delivered to the Trustee

            	 	
              Yes

            
	
              Party
                B

            	 	
              Copy
                of any notice delivered under the Pooling and Servicing Agreement
                that
                impacts this agreement.

            	 	
              Upon
                availability

            	 	 
	
              Party
                B

            	 	
              All
                reports that go to the Rating Agencies.

            	 	
              As
                applicable.

            	 	
              Yes

            
	
              Party
                B

            	 	
              Each
                material amendment, supplement or waiver to the Pooling and Servicing
                Agreement, as proposed from time to time.

            	 	
              Promptly
                upon learning of any proposed amendment, supplement or
                waiver.

            	 	
              No

            

    

     

    
      
        
        

      

      
        26

        
          

        

      

      
        
        

      

    

     

    Part
      4:  Miscellaneous

     

    
      	
              (a)

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

            

    

     

    
      	
               

            	
              Party
                A:  Address for notices or communications to Party
                A:

            

    

     

    
      	
               

            	
              Address:

            	
              Lehman
                Brothers Special Financing Inc.

            

    

    
      	
               

            	
              c/o
                Lehman Brothers Inc.

            

    

    
      	
               

            	
              Corporate
                Advisory Division

            

    

    
      	
               

            	
              Transaction
                Management Group

            

    

    
      	
               

            	
              745
                Seventh Avenue

            

    

    
      	
               

            	
              New
                York, New York 10019

            

    

     

    
      	
               

            	
              Attention:

            	
              Documentation
                Manager

            

    

    
      	
               

            	
              Telephone
                No.:

            	
              (212)
                526-7187

            

    

    
      	
               

            	
              Facsimile
                No.:

            	
              (212)
                526-7672

            

      	 	 	 

      	 	For
              all purposes.	 

    

     

    
      	
               

            	
              Party
                B:  Address for notices or communications to Party
                B:

            

    

     

    
      	
               

            	
              Address:

            	
              The
                Bank of New York

            

    

    
      	
               

            	
              101
                Barclay Street — 4W Floor

            

    

    
      	
               

            	
              New
                York, NY 10286

            

    

     

    
      	
               

            	
              Attention:

            	
              Corporate
                Trust Administration MBS
                Administration,

            

    

    
      	
               

            	
              CWALT,
                Series 2007-OH2

            

    

    
      	
               

            	
              Telephone
                No.:

            	
              (212)
                815-6093

            

    

    
      	
               

            	
              Facsimile
                No.:

            	
              (212)
                815-3986

            

    

     

    
      	
               

            	
              For
                all purposes.

            

    

     

    
      
        
        

      

      
        27

        
          

        

      

      
        
        

      

    

     

    
      	
              (b)

            	
              Process
                Agent.  For the purposes 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 apply to this
                Agreement.

            

    

     

    
      	
              (d)

            	
              Multibranch
                Party.  For the purpose of Section 10(e) of this
                Agreement:

            

    

     

    Party
      A
      is not a Multibranch Party.

     

    Party
      B
      is not a Multibranch Party.

     

    
      	
              (e)

            	
              Calculation
                Agent.  The Calculation Agent is Party A; provided
                however, if an Event of Default occurs and is continuing with respect
                to
                Party A, then Party B shall be entitled to appoint a financial institution
                which would qualify as a Reference Market-maker to act as Calculation
                Agent until the discontinuance of the Event of Default with respect
                to
                Party A or the designation of an Early Termination Date under Section
                6(c)(ii), reasonably acceptable to Party A, the cost for which shall
                be
                borne by Party A.

            

    

     

    
      	
              (f)

            	
              Credit
                Support Document.  Credit Support Document
                means

            

    

     

    
      	
               

            	
              Party
                A:

            	
              The
                Credit Support Annex and any guarantee in support of Party A’s obligations
                under this Agreement.

            

    

     

    
      	
               

            	
              Party
                B:

            	
              The
                Credit Support Annex, solely in respect of Party B’s obligations under
                Paragraph 3(b) of the Credit Support
                Annex.

            

    

     

    
      	
              (g)

            	
              Credit
                Support Provider.

            

    

     

    
      	
               

            	
              Party
                A:

            	
              The
                guarantor under any guarantee in support of Party A’s obligations under
                this Agreement.

            

    

     

    
      	
               

            	
              Party
                B:

            	
              None.

            

    

     

    
      	
              (h)

            	
              Governing
                Law. The parties to this Agreement hereby agree that the
                law
                of the State of New York shall govern their rights and duties in
                whole,
                without regard to the conflict of law provisions thereof other than
                New
                York General Obligations Law Sections 5-1401 and
                5-1402.

            

    

     

    
      	
              (i)

            	
              Netting
                of Payments. Subparagraph (ii) of Section 2(c) of this
                Agreement will apply to all
                Transactions.

            

    

     

    
      
        
        

      

      
        28

        
          

        

      

      
        
        

      

    

     

    
      	
              (j)

            	
              “Affiliate”
                will have the meaning specified in Section 14 of this Agreement,
                provided,
                however, that with respect to Party A (except for the purpose of
                Part
                1(c)(vii), such definition shall be understood to exclude Lehman
                Brothers
                Derivative Products Inc. and Lehman Brothers Financial Products Inc.,
                and
                with respect to Party B, Party B shall be deemed to have no Affiliates
                for
                purposes of this Agreement, including for purposes of Section
                6(b)(ii).

            

    

     

    Part
      5:  Other Provisions

     

    
      	
              (a)

            	
              Definitions.
                Unless otherwise specified in a Confirmation, this Agreement and
                each
                Transaction under this Agreement are subject to the 2000 ISDA Definitions
                as published and copyrighted in 2000 by the International Swaps and
                Derivatives Association, Inc. (the “Definitions”) and
                will be governed in all relevant respects by the provisions set forth
                in
                the Definitions, without regard to any amendment to the Definitions
                subsequent to the date hereof. The provisions of the Definitions
                are
                hereby incorporated by reference in and shall be deemed a part of
                this
                Agreement, except that (i) references in the Definitions to a “Swap
                Transaction” shall be deemed references to a “Transaction” for purposes of
                this Agreement and (ii) references to a “Transaction” in this Agreement
                shall be deemed references to a “Swap Transaction” for purposes of the
                Definitions.

            

    

     

    
      	
              (b)

            	
              Amendments
                to ISDA Master Agreement.

            

    

     

    
      	
               

            	
              (i)

            	
              Single
                Agreement. Section 1(c) is hereby amended by the adding the words
                “including, for the avoidance of doubt, the Credit Support Annex” after
                the words “Master Agreement”.

            

    

     

    
      	
               

            	
              (ii)

            	
              Representations.
                Section 3 is hereby amended by adding at the end thereof the following
                subsection (g):

            

    

     

    
      	
               

            	
              “(g)

            	
              Relationship
                Between Parties.

            

    

     

    
      	
               

            	
              (1)

            	
              Nonreliance.
                (i) It is not relying on any statement or representation of the other
                party regarding any Transaction (whether written or oral), other
                than the
                representations expressly made in this Agreement or the Confirmation
                in
                respect of that Transaction and (ii) it has consulted with its own
                legal,
                regulatory, tax, business, investment, financial and accounting advisors
                to the extent it has deemed necessary and it has made its own investment,
                hedging and trading decisions based upon its own judgment and upon
                any
                advice from such advisors as it has deemed necessary and not upon
                any view
                expressed by the other party.

            

    

     

    
      	
               

            	
              (2)

            	
              Evaluation
                and Understanding. (i) It has the capacity to evaluate (internally
                or
                through independent professional advice) each Transaction and has
                made its
                own decision to enter into each Transaction and (ii) it understands
                the
                terms, conditions and risks of each Transaction and is willing and
                able to
                accept those terms and conditions and to assume those risks, financially
                and otherwise.

            

    

     

    
      
        
        

      

      
        29

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (3)

            	
              Purpose.
                It is entering into each Transaction for the purposes of managing
                its
                borrowings or investments, hedging its underlying assets or liabilities
                or
                in connection with a line of
                business.

            

    

     

    
      	
               

            	
              (4)

            	
              Status
                of Parties. The other party is not acting as an agent, fiduciary
                or
                advisor for it in respect of any
                Transaction.

            

    

     

    
      	
               

            	
              (5)

            	
              Eligible
                Contract Participant. It is an “eligible swap participant” as such term is
                defined in Section 35.1(b)(2) of the regulations (17 C.F.R. 35)
                promulgated under, and an “eligible contract participant” as defined in
                Section l(a)(12) of, the Commodity Exchange Act, as
                amended.”

            

    

     

    
       

      
        	
                 

              	
                (iii)

              	
                
                  Transfer
                    to Avoid Termination Event. Section 6(b)(ii) is hereby amended by
                    (i) deleting the words “or if a Tax Event Upon Merger occurs and the
                    Burdened Party is the Affected Party,” and (ii) deleting the words “to
                    transfer” and inserting the words “to effect a Permitted Transfer” in lieu
                    thereof.

                

              

        	 	 	 

        	 	(iv)	Jurisdiction.
                Section 13(b) is hereby amended by:  (i) deleting in the second
                line of subparagraph (i) thereof the word “non-”, (ii) deleting “; and”
                from the end of subparagraph 1 and inserting “,” in lieu thereof and (iii)
                deleting the final paragraph
                thereof.

      

       

    

    
      	
               

            	
              (v)

            	
              Local
                Business Day. The definition of Local Business Day in Section 14
                is hereby amended by the addition of the words “or any Credit Support
                Document” after “Section 2(a)(i)” and the addition of the words “or Credit
                Support Document” after
“Confirmation”.

            

    

     

    
      	
              (c)

            	
              Additional
                Termination Events. The following Additional Termination Events
                will apply:

            

    

     

    
      	
               

            	
              (i)

            	
              Moody’s
                First Ratings Trigger Collateral Failure. If (A) it is not the
                case that a Moody’s Second Trigger Ratings Event has occurred and been
                continuing for 30 or more Local Business Days and (B) Party A has
                failed
                to comply with or perform any obligation to be complied with or performed
                by Party A in accordance with the Credit Support Annex, then an Additional
                Termination Event shall have occurred with respect to Party A and
                Party A
                shall be the sole Affected Party with respect to such Additional
                Termination Event.

            

    

     

    
      	
               

            	
              (ii)

            	
              S&P
                Approved Ratings Collateral Failure. If (A) it is not the case
                that an S&P Required Ratings Event has occurred and been continuing
                for 10 or more Local Business Days and (B) Party A has failed to
                comply
                with or perform any obligation to be complied with or performed by
                Party A
                in accordance with the Credit Support Annex, then an Additional
                Termination Event shall have occurred with respect to Party A and
                Party A
                shall be the sole Affected Party with respect to such Additional
                Termination Event.

            

    

     

    
      
        
        

      

      
        30

        
          

        

      

      
        
        

      

    

     

    
      	 	(iii)	
              Moody’s
                Second Ratings Trigger Replacement. If (A) a Moody’s Second
                Trigger Ratings Event has occurred and been continuing for 30 or
                more
                Local Business Days and (B) at least one Eligible Replacement has
                made a
                Firm Offer that would, assuming the occurrence of an Early Termination
                Date, qualify as a Market Quotation (as defined in Part 1(f)(i) above)
                and
                such Firm Offer remains an offer that will become legally binding
                upon
                such Eligible Replacement upon acceptance, then an Additional Termination
                Event shall have occurred with respect to Party A and Party A shall
                be the
                sole Affected Party with respect to such Additional Termination
                Event.

            

      	 	 	 

      	 	(iv)	
              S&P
                Required Ratings Failure. If (A) an S&P Required Ratings
                Event has occurred and been continuing for 60 or more calendar days
                and
                (B) Party A has failed to either (i) effect a Permitted Transfer
                or (ii)
                procure an Eligible Guarantee, then an Additional Termination Event
                shall
                have occurred with respect to Party A and Party A shall be the sole
                Affected Party with respect to such Additional Termination
                Event.

            

      	 	 	 

      	
               

            	
              (v)

            	
              Supplemental
                Pooling and Servicing Agreement Without Party A’s Prior Written
                Consent. If Party B enters into an amendment and or supplement
                to
                the Pooling and Servicing Agreement or other modification to the
                Pooling
                and Servicing Agreement that could reasonably be expected to have
                a
                material adverse effect on Party A (excluding, for the avoidance
                of doubt,
                any amendment to the Pooling and Servicing Agreement that is entered
                into
                solely for the purpose of appointing a successor master servicer
                or
                trustee) without the prior written consent (such consent not to be
                unreasonably withheld) of Party A where such consent is required
                under the
                Pooling and Servicing Agreement, then an Additional Termination Event
                shall have occurred with respect to Party B and Party B shall be
                the sole
                Affected Party with respect to such Additional Termination Event.
                Party B
                agrees with Party A that Party A shall be an express third-party
                beneficiary of the Pooling and Servicing
                Agreement.

            

      	 	 	 

      	 	(vi)	
              [Reserved]

            

      	 	 	 

      	 	(vii)	
              [Reserved]

            

      	 	 	 

      	 	(viii)	
              For
                the avoidance of doubt, in the event that (A) a Moody’s Second Trigger
                Ratings Event has occurred and been continuing for 30 or more Local
                Business Days and (B) an S&P Required Ratings Event has occurred and
                been continuing for 60 or more calendar days, Party B shall be entitled
                to
                declare an Early Termination Date pursuant to Section 6(b)(iv) and
                Part
                5(c)(iv) for so long as such S&P Required Ratings Event is continuing,
                notwithstanding the absence of a Firm Offer from an Eligible
                Replacement.

            

    

     

    
      
        
        

      

      
        31

        
          

        

      

      
        
        

      

    

     

    
      	
              (d)

            	
              Required
                Ratings Downgrade Event. In the event that neither Party A nor
                any Eligible Guarantor of Party A under an Eligible Guarantee has
                credit
                ratings that satisfy the S&P Required Ratings Threshold and the
                Moody’s Second Trigger Ratings Threshold (such event, a “Required
                Ratings Downgrade Event”), then Party A shall, as soon as
                reasonably practicable and so long as a Required Ratings Downgrade
                Event
                is in effect, at its own expense, using commercially reasonable efforts,
                either (A) effect a Permitted Transfer or (B) procure an Eligible
                Guarantee.

            

    

     

    
      	
              (e)

            	
              Regulation
                AB Compliance. Party A and Party B agree that the terms of the
                Item 1115 Agreement dated as of February 24, 2006, as amended from
                time to
                time (the “Regulation AB Agreement”), between Countrywide Home Loans,
                Inc., CWABS, Inc., CWMBS, Inc., CWALT, Inc., CWHEQ, Inc. and Lehman
                Brothers Special Financing Inc, shall be incorporated by reference
                into
                this Agreement so that Party B shall be an express third party beneficiary
                of the Regulation AB Agreement. A copy of the Regulation AB Agreement
                is
                attached hereto as Exhibit A.

            

    

     

    
      	
              (f)

            	
              Transfers.

            

    

     

    
      	
               

            	
              (i)

            	
              Section
                7 is hereby amended to read in its entirety as
                follows:

            

    

     

    “Neither
      Party A nor Party B is permitted to assign, novate or transfer (whether by
      way
      of security or otherwise) as a whole or in part any of its rights, obligations
      or interests under the Agreement or any Transaction without (a) the prior
      written consent of the other party, (b) prior written notice to Moody’s and (c)
      satisfaction of the Rating Agency Condition with respect to S&P, 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);

            

    

     

    
      	
               

            	
              (b)

            	
              a
                party may make such a transfer of all or any part of its interest
                in any
                amount payable to it from a Defaulting Party under Section 6(e);
                and

            

    

     

    
      	
               

            	
              (c)

            	
              Party
                A may (at its own cost) transfer all or substantially all of its
                rights
                and obligations with respect to this Agreement to any other entity
                that is
                an Eligible Replacement (i) pursuant to Section 6(b)(ii) or the Regulation
                AB Agreement (subject to satisfaction of the Rating Agency Condition
                with
                respect to S&P) or (ii) in connection with a Replacement Transaction
                or a Permitted Transfer”.

            

    

     

    
      	
               

            	
              (ii)

            	
              If
                an Eligible Replacement has made a Firm Offer (and such Firm Offer
                remains
                an offer that will become legally binding upon such Eligible Replacement
                upon acceptance) to be the transferee pursuant to a transfer in accordance
                with clause (c) above, Party B shall, at Party A’s written request and at
                Party A’s expense, take any reasonable steps required to be taken by Party
                B to effect such transfer.

            

    

     

    
      
        
        

      

      
        32

        
          

        

      

      
        
        

      

    

     

    
      	 	(iii)	
              Notwithstanding
                anything to the contrary in Section 7 of the Agreement and
                Section 6(b)(ii) of this Agreement, Party A may make a Permitted
                Transfer
                (1) to any Affiliate of Holdings effective upon delivery to Party
                B of the
                guarantee by Holdings, in favor of Party B, of the obligations of
                such
                Affiliate, such guarantee to be identical to the guarantee then in
                effect
                of the obligations of the transferor (except for the name, address
                and the
                jurisdiction of the guarantor) or that otherwise satisfies the Rating
                Agency Condition, or (2) to any Eligible Replacement with the same
                or
                higher long term senior unsecured debt rating (as determined by S&P or
                Moody’s) as Holdings at the time of such
                transfer.

            

    

     

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

     

    
      	
              (g)

            	
              Non-Recourse.
                Party A acknowledges and agrees that, notwithstanding any provision
                in
                this Agreement to the contrary, the obligations of Party B hereunder
                are
                limited recourse obligations of Party B, payable solely from the
                Swap
                Trust and the proceeds thereof, in accordance with the priority of
                payments and other terms of the Pooling and Servicing Agreement and
                that
                Party A will not have any recourse to any of the directors, officers,
                employees, shareholders or affiliates of the Party B with respect
                to any
                claims, losses, damages, liabilities, indemnities or other obligations
                in
                connection with any transactions contemplated hereby. In the event
                that
                the Swap Trust and the proceeds thereof should be insufficient to
                satisfy
                all claims outstanding following the realization of the account held
                by
                the Swap Trust and the proceeds thereof, any claims against or obligations
                of Party B under this Agreement and any Confirmation hereunder still
                outstanding shall be extinguished and thereafter not revive. Party
                B shall
                not have liability for any failure or delay in making a payment hereunder
                to Party A due to any failure or delay in receiving amounts in the
                account
                held by the Swap Trust from the Trust Fund created pursuant to the
                Pooling
                and Servicing Agreement.

            

    

     

    
      	
              (h)

            	
              Timing
                of Payments by Party B upon Early Termination. Notwithstanding
                anything to the contrary in Section 6(d)(ii), to the extent that
                all or a
                portion (in either case, the “Unfunded Amount”) of any amount that is
                calculated as being due in respect of any Early Termination Date
                under
                Section 6(e) from Party B to Party A will be paid by Party B from
                amounts
                other than any upfront payment paid to Party B by an Eligible Replacement
                that has entered into a Replacement Transaction with Party B, then
                such
                Unfunded Amount shall be due on the next subsequent Distribution
                Date
                following the date on which the payment would have been payable as
                determined in accordance with Section 6(d)(ii) and on any subsequent
                Distribution Dates until paid in full (or if such Early Termination
                Date
                is the final Distribution Date, on such final Distribution Date);
                provided, however, that if the date on which the payment would have
                been
                payable as determined in accordance with Section 6(d)(ii) is a
                Distribution Date, such payment will be payable on such Distribution
                Date.

            

    

     

    
      	
              (i)

            	
              Rating
                Agency Notifications. Notwithstanding any other provision of this
                Agreement, no Early Termination Date shall be effectively designated
                hereunder by Party B and no transfer of any rights or obligations
                under
                this Agreement shall be made by either party unless each Swap Rating
                Agency has been provided prior written notice of such designation
                or
                transfer.

            

    

     

    
      
        
        

      

      
        33

        
          

        

      

      
        
        

      

    

     

    
      	
              (j)

            	
              No
                Set-off. Except as expressly provided for in Section 2(c),
                Section 6, Paragraph 8 of the Credit Support Annex or Part 1(f)(i)(D)
                hereof and notwithstanding any other provision of this Agreement
                or any
                other existing or future agreement, each party irrevocably waives
                any and
                all rights it may have to set off, net, recoup or otherwise withhold
                or
                suspend or condition payment or performance of any obligation between
                it
                and the other party hereunder against any obligation between it and
                the
                other party under any other agreements. Section 6(e) shall be amended
                by
                deleting the following sentence:  “The amount, if any, payable
                in respect of an Early Termination Date and determined pursuant to
                this
                Section will be subject to any
                Set-off.”.

            

    

     

    
      	
              (k)

            	
              Amendment.
                Notwithstanding any provision to the contrary in this Agreement,
                no
                amendment of either this Agreement or any Transaction under this
                Agreement
                shall be permitted by either party unless each of the Swap Rating
                Agencies
                has been provided prior written notice of the same and the Rating
                Agency
                Condition is satisfied with respect to
                S&P.

            

    

     

    
      	
              (l)

            	
              Notice
                of Certain Events or Circumstances. Each Party agrees, upon
                learning of the occurrence or existence of any event or condition
                that
                constitutes (or that with the giving of notice or passage of time
                or both
                would constitute) an Event of Default or Termination Event with respect
                to
                such party, to promptly give notice of such event or condition to
                the
                other Party and each Swap Rating Agency; provided that failure to
                provide
                notice of such event or condition pursuant to this Part 5(1) shall
                not
                constitute an Event of Default or a Termination
                Event.

            

    

     

    
      	
              (m)

            	
              Proceedings.
                No Relevant Entity shall institute against, or cause any other person
                to
                institute against, or join any other person in instituting against
                Party
                B, the Swap Trust or the Trust Fund formed pursuant to the Pooling
                and
                Servicing Agreement, any bankruptcy, reorganization, arrangement,
                insolvency or liquidation proceedings or other proceedings under
                any
                federal or state bankruptcy or similar law for a period of one year
                (or,
                if longer, the applicable preference period) and one day following
                payment
                in full of the Certificates. This provision will survive the termination
                of this Agreement; provided that this provision shall not restrict
                or
                prohibit Party A from joining any other person, including, without
                limitation, the Trustee, in any bankruptcy, reorganization, arrangement,
                insolvency, moratorium or liquidation proceedings already commenced
                or
                other analogous proceedings already commenced under applicable law.
                This
                provision will survive the termination of this
                Agreement.

            

    

     

    
      	
              (n)

            	
              Swap
                Contract Administrator Liability Limitations. Party A and Party B
                agree to the following:  (a) The Bank of New York (“BNY”) is
                entering into this Agreement not in its individual or corporate capacity,
                but solely in its capacity as Swap Contract Administrator for Alternative
                Loan Trust 2007-OH2; (b) in no case shall BNY (or any person acting
                as
                successor Swap Contract Administrator for Alternative Loan Trust
                2007-OH2)
                be personally liable for or on account of any of the statements,
                representations, warranties, covenants or obligations stated to be
                those
                of Party B under the terms of this Agreement, all such liability,
                if any,
                being expressly waived by Party A and any person claiming by, through
                or
                under Party A; and (c) recourse against Party B shall be limited
                to the
                assets available under the Pooling and Servicing Agreement. This
                Part 5(n)
                shall survive the termination of this
                Agreement,

            

    

     

    
      
        
        

      

      
        34

        
          

        

      

      
        
        

      

    

     

    
      	
              (o)

            	
              Severability.
                If any term, provision, covenant or condition of this Agreement,
                or the
                application thereof to any party or circumstance, shall be held to
                be
                invalid or unenforceable (in whole or in part) in any respect, the
                remaining terms, provisions, covenants and conditions hereof shall
                continue in full force and effect as if this Agreement had been executed
                with the invalid or unenforceable portion eliminated, so long as
                this
                Agreement as so modified continues to express, without material change,
                the original intentions of the parties as to the subject matter of
                this
                Agreement and the deletion of such portion of this Agreement will
                not
                substantially impair the respective benefits or expectations of the
                parties; provided, however, that this severability provision shall
                not be
                applicable if any provision of Section 2, 5, 6 or 13 (or any definition
                or
                provision in Section 14 to the extent it relates to, or is used in
                or in
                connection with, any such Section) shall be so held to be invalid
                or
                unenforceable.

            

    

     

    The
      parties shall endeavor to engage in good faith negotiations to replace any
      invalid or unenforceable term, provision, covenant or condition with a valid
      or
      enforceable term, provision, covenant or condition, the economic effect of
      which
      comes as close as possible to that of the invalid or unenforceable term,
      provision, covenant or condition.

     

    
      	
              (p)

            	
              Accuracy
                of Specified Information.  Section 3(d) is
                hereby amended by inserting in the third line thereof after the words
“in
                every material respect” and before the period the phrase “or, in the case
                of audited or unaudited financial statements, a fair presentation,
                in all
                material respects, of the financial condition of the relevant
                person.”

            

    

     

    
      	
              (q)

            	
              Escrow
                Payments. If (whether by reason of the time difference between
                the cities in which payments are to he made or otherwise) it is not
                possible for simultaneous payments to be made on any date on which
                both
                parties are required to make payments hereunder, either party may
                at its
                option and in its sole discretion notify the other party that payments
                on
                that date are to be made in escrow. In this case deposit of the payment
                due earlier on that date shall be made by 2:00 pm (local time at
                the place
                for the earlier payment) on that date with an escrow agent selected
                by the
                notifying party, accompanied by irrevocable payment instructions
                (i) to
                release the deposited payment to the intended recipient upon receipt
                by
                the escrow agent of the required deposit of any corresponding payment
                payable by the other party on the same date accompanied by irrevocable
                payment instructions to the same effect or (ii) if the required deposit
                of
                the corresponding payment is not made on that same date, to return
                the
                payment deposited to the party that paid it into escrow. The party
                that
                elects to have payments made in escrow shall pay all costs of the
                escrow
                arrangements.

            

    

     

    
      	
              (r)

            	
              Consent
                to Recording. Each party hereto consents to the monitoring or
                recording, at any time and from time to time, by the other party
                of any
                and all communications between trading, marketing and operations
                personnel
                of the parties and their Affiliates, waives any further notice of
                such
                monitoring or recording and agrees to notify such personnel of such
                monitoring or recording.

            

    

     

    
      
        
        

      

      
        35

        
          

        

      

      
        
        

      

    

     

    
      	
              (s)

            	
              Waiver
                of Jury Trial. Each party waives any right it may have to a trial
                by jury in respect of any in respect of any suit, action or proceeding
                relating to this Agreement or any Credit Support Document, and
                acknowledges that this waiver is a material inducement to the other
                party’s entering into this agreement and each transaction
                hereunder.

            

    

     

    
      	
              (t)

            	
              No
                Violation or Conflict Representation. Section 3(a)(iii) is
                hereby amended by inserting in the second line thereof after the
                words
                “constitutional documents” and before the words “, any order or judgment”
                the phrase “(including, but not limited to, the Pooling and Servicing
                Agreement, as amended, and any and all resolutions, investment policies,
                guidelines, procedures or restrictions)”; provided, such amendment
                shall be applicable only with respect to the Representations of Party
                B.

            

    

     

    
      	
              (u)

            	
              Third-Party
                Beneficiary. Party B agrees with Party A that Party A shall be an
                express third-party beneficiary of the Pooling and Servicing Agreement
                and
                the Swap Contract Administration
                Agreement.

            

    

     

    
      	
              (v)

            	
              Additional
                representations.

            

    

     

    
      	
               

            	
              (i)

            	
              Capacity.
                Party A represents to Party B on the date on which Party A enters
                into
                this Agreement that it is entering into the Agreement and each Transaction
                as principal and not as agent of any person. Party B represents to
                Party A
                on the date on which Party B enters into this Agreement that it is
                entering into the Agreement and each Transaction in its capacity
                as Swap
                Contract Administrator.

            

    

     

    
      	
              (w)

            	
              Acknowledgements.

            

    

     

    
      	
               

            	
              (i)

            	
              Substantial
                financial transactions. Each party hereto is hereby advised and
                acknowledges as of the date hereof that the other party has engaged
                in (or
                refrained from engaging in) substantial financial transactions and
                has
                taken (or refrained from taking) other material actions in reliance
                upon
                the entry by the parties into the Transactions being entered into
                on the
                terms and conditions set forth herein and in the Pooling and Servicing
                Agreement relating to such Transactions, as applicable. This paragraph
                shall be deemed repeated on the trade date of each
                Transaction.

            

    

     

    
      	
               

            	
              (ii)

            	
              Bankruptcy
                Code. Subject to Part 5(m), without limiting the applicability,
                if any, of any other provision of the U.S. Bankruptcy Code as amended
                (the
                “Bankruptcy Code”) (including without limitation Sections 362, 546, 556
                and 560 thereof and the applicable definitions in Section 101 thereof),
                the parties acknowledge and agree that all Transactions entered into
                hereunder will constitute “forward contracts” or “swap agreements” as
                defined in Section 101 of the Bankruptcy Code or “commodity contracts” as
                defined in Section 761 of the Bankruptcy Code, that the rights of
                the
                parties under Section 6 of this Agreement will constitute contractual
                rights to liquidate Transactions, that any margin or collateral provided
                under any margin, collateral, security, pledge or similar agreement
                related hereto will constitute a “margin payment” as defined in Section
                101 of the Bankruptcy Code and that the parties are entities entitled
                to
                the rights under, and protections afforded by, Sections 362, 546,
                556 and
                560 of the Bankruptcy Code.

            

    

     

    
      
        
        

      

      
        36

        
          

        

      

      
        
        

      

    

     

    
      	
              (x)

            	
              Notices.
                For the purposes of subsections (iii) and (v) of Section
                12(a), the date of receipt shall be presumed to be the date sent if
                sent on a Local Business Day or, if not sent on a Local Business
                Day, the
                date of receipt shall be presumed to be the first Local Business
                Day
                following the date sent.

            

    

     

    
      	
              (y)

            	
              Service
                of Process. The third sentence of Section 13(c) shall be
                amended by adding the following language at the end
                thereof:  “if permitted in the jurisdiction where the
                proceedings are initiated and in the jurisdiction where service is
                to be
                made.”

            

    

     

    
      	
              (z)

            	
              Additional
                Definitions.

            

    

     

    As
      used
      in this Agreement, the following terms shall have the meanings set forth below,
      unless the context clearly requires otherwise:

     

    “Derivative
      Provider Trigger Event” means (i) an Event of Default with respect
      to which Party A is a Defaulting Party, (ii) a Termination Event (other than
      an
      Illegality or a Tax Event) with respect to which Party A is the sole Affected
      Party or (iii) an Additional Termination Event with respect to which Party
      A is
      the sole Affected Party.

     

    “Eligible
      Guarantee” means an unconditional and irrevocable guarantee of all
      present and future obligations of Party A or an Eligible Replacement to Party
      A
      under this Agreement that (a) is in a form identical to the attached hereto
      as
      Exhibit B, or (b) is provided by an Eligible Guarantor as principal debtor
      rather than surety and that is directly enforceable by Party B, the form and
      substance of which guarantee is identical to the attached hereto as Exhibit
      B
      (except for the name, address and the jurisdiction of the guarantor) or that
      otherwise satisfies the Rating Agency Condition with respect to S&P and
      either (A) a law firm has given a legal opinion confirming that none of the
      guarantor’s payments to Party B under such guarantee will be subject to
      deduction or withholding for Tax and such opinion has been delivered to Moody’s,
      (B) such guarantee provides that, in the event that any of such guarantor’s
      payments to Party B are subject to deduction or withholding for Tax, such
      guarantor is required to pay such additional amount as is necessary to ensure
      that the net amount actually received by Party B (free and clear of any Tax
      collected by withholding) will equal the full amount Party B would have received
      had no such deduction or withholding been required or (C) in the event that
      any
      payment under such guarantee is made net of deduction or withholding for Tax,
      Party A is required, under Section 2(a)(i), to make such additional payment
      as
      is necessary to ensure that the net amount actually received by Party B from
      the
      guarantor will equal the full amount Party B would have received had no such
      deduction or withholding been required.

     

    “Eligible
      Guarantor” means an entity that (A) has credit ratings from
      S&P at least equal to the S&P Required Ratings Threshold and (B) has
      credit ratings from Moody’s at least equal to the Moody’s Second Trigger Ratings
      Threshold; provided, for the avoidance of doubt, that an Eligible Guarantee
      of
      an Eligible Guarantor with credit ratings below the S&P Approved Ratings
      Threshold or the Moody’s First Trigger Ratings Threshold, as applicable, will
      not cause a Collateral Event (as defined in the Credit Support Annex) to cease
      to occur or continue.

     

    
      
        
        

      

      
        37

        
          

        

      

      
        
        

      

    

     

    “Eligible
      Replacement” means an entity that (A) (i) (a) has credit ratings
      from S&P at least equal to the S&P Required Ratings Threshold and (b)
      has credit ratings from Moody’s at least equal to the Moody’s Second Trigger
      Ratings Threshold; provided, for the avoidance of doubt, that an Eligible
      Replacement with credit ratings below the S&P Approved Ratings Threshold or
      the Moody’s First Trigger Ratings Threshold, as applicable, will not cause a
      Collateral Event (as defined in the Credit Support Annex) to cease to occur
      or
      continue or (ii) provides an Eligible Guarantee from an Eligible Guarantor
      and
      (B) that has executed an item 1115 Agreement with the Depositor.

     

    “Financial
      Institution” means, with respect to any Relevant Entity, a bank,
      broker/dealer or affiliate thereof, insurance company, structured investment
      company or derivative product company or otherwise determined to be a Financial
      Institution by S&P. For purposes of clarification, Party A and its Credit
      Support Provider shall qualify as a Financial Institution.

     

    “Firm
      Offer” means an offer which, when made, was capable of becoming
      legally binding upon acceptance.

     

    “Moody’s”
      means Moody’s Investors Service, Inc., or any successor thereto.

     

    “Moody’s
      First Trigger Ratings Threshold” means, with respect to any
      Relevant Entity, (i) if such entity has a short-term unsecured and
      unsubordinated debt rating from Moody’s, a long-term unsecured and
      unsubordinated debt rating or counterparty rating from Moody’s of “A2” and a
      short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-1” or
      (ii) if such entity does not have a short-term unsecured and unsubordinated
      debt
      rating or counterparty rating from Moody’s, a long-term unsecured and
      unsubordinated debt rating or counterparty rating from Moody’s of
“Al”,

     

    “Moody’s
      Second Trigger Ratings Event” means that neither Party A nor any
      Eligible Guarantor of Party A under an Eligible Guarantee has credit ratings
      from Moody’s at least equal to the Moody’s Second Trigger Ratings
      Threshold.

     

    “Moody’s
      Second Trigger Ratings Threshold” means, with respect to any
      Relevant Entity, (i) if such entity has a short-term unsecured and
      unsubordinated debt rating from Moody’s, a long-term unsecured and
      unsubordinated debt rating or counterparty rating from Moody’s of “A3” and a
      short-term unsecured and unsubordinated debt rating from Moody’s of “Prime-2” or
      (ii) if such entity does not have a short-term unsecured and unsubordinated
      debt
      rating from Moody’s, a long-term unsecured and unsubordinated debt rating or
      counterparty rating from Moody’s of “A3”.

     

    “Permitted
      Transfer” means a transfer by novation by Party A to a transferee
      (the “Transferee”) of all, but not less than all, of Party A’s rights,
      liabilities, duties and obligations under this Agreement, with respect to which
      transfer each of the following conditions is satisfied:  (a) the
      Transferee is an Eligible Replacement that is a recognized dealer in interest
      rate swaps organized under the laws of the United States of America or a
      jurisdiction located in the United States of America (or another jurisdiction
      reasonably acceptable to Party B), (b) an Event of Default, Termination Event
      or
      Additional Termination Event would not occur as a result of such transfer,
      (c)
      pursuant to a written instrument (the “Transfer Agreement”), the Transferee
      acquires and assumes all rights and obligations of Party A under the Agreement
      and the relevant Transactions, (d) Party B shall have determined, in its sole
      discretion, acting in a commercially reasonable manner, that such Transfer
      Agreement is effective to transfer to the Transferee all, but not less than
      all,
      of Party A’s rights and obligations under the Agreement and all relevant
      Transactions; (e) Party A will be responsible for any costs or expenses incurred
      in connection with such transfer (including any cost of entering into a Transfer
      Agreement); (f) Moody’s has been given prior written notice of such transfer and
      the Rating Agency Condition is satisfied with respect to S&P and (g) such
      transfer otherwise complies with the terms of the Pooling and Servicing
      Agreement.

     

    
      
        
        

      

      
        38

        
          

        

      

      
        
        

      

    

     

    “Rating
      Agency Condition” means, with respect to any proposed act
      hereunder and each Swap Rating Agency specified in connection with such proposed
      act, a condition that is satisfied when the party proposing such act consults
      with each of the specified Swap Rating Agencies and receives from each such
      Swap
      Rating Agency a prior written confirmation (including by facsimile transmission)
      that the proposed action would not cause a downgrade or withdrawal of the
      then-current rating of any Certificates.

     

    “Regulation
      AB Agreement” shall have the meaning assigned thereto in Part
      5(e).

     

    “Relevant
      Entity” means Party A, a guarantor under an Eligible Guarantee or
      an Eligible Replacement, as applicable,

     

    “Replacement
      Transaction” means, with respect to any Terminated Transaction or
      group of Terminated Transactions, a transaction or group of transactions that
      (i) would have the effect of preserving for Party B the economic equivalent
      of
      any payment or delivery (whether the underlying obligation was absolute or
      contingent and assuming the satisfaction of each applicable condition precedent)
      by the parties under Section 2(a)(i) in respect of such 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 and (ii)
      has
      terms which are substantially the same as this Agreement, including, without
      limitation, rating triggers, Regulation AB compliance and credit support
      documentation, save for the exclusion of provisions relating to Transactions
      that are not Terminated Transactions, as determined by Party B in its sole
      discretion, acting in a commercially reasonable manner.

     

    “Required
      Ratings Downgrade Event” shall have the meaning assigned thereto
      in Part 5(d).

     

    “S&P”
      means Standard & Poor’s Rating Services, a division of The McGraw-Hill
      Companies, Inc., or any successor thereto.

     

    
      
        
        

      

      
        39

        
          

        

      

      
        
        

      

    

     

    “S&P
      Approved Ratings Threshold” means, only with respect to a Relevant
      Entity that is a Financial Institution, a short-term unsecured and
      unsubordinated debt rating from S&P of “A-1” or, if such entity does not
      have a short-term unsecured and unsubordinated debt rating from S&P, a
      long-term unsecured and unsubordinated debt rating from S&P of
“A+”.

     

    “S&P
      Required Ratings Event” means that neither Party A nor any
      Eligible Guarantor of Party A under an Eligible Guarantee has credit ratings
      from S&P at least equal to the S&P Required Ratings
      Threshold.

     

    “S&P
      Required Ratings Threshold” means, (i) with respect to any
      Relevant Entity that is a Financial Institution, a short-term unsecured and
      unsubordinated debt rating from S&P of “A-2” or, if such entity does not
      have a short-term unsecured and unsubordinated debt rating from S&P, a
      long-term unsecured and unsubordinated debt rating from S&P of “BBB+” and
      (ii) with respect to any Relevant Entity that is not a Financial Institution,
      a
      short-term unsecured and unsubordinated debt rating from S&P of “A-1” or, if
      such entity does not have a short-term unsecured and unsubordinated debt rating
      from S&P, a long-term unsecured and unsubordinated debt rating from S&P
      of “A+”.

     

    “Swap
      Rating Agencies” means, with respect to any date of determination,
      each of S&P and Moody’s, to the extent that each such rating agency is then
      providing a rating for any of the Certificates.

     

    
      
        
        

      

      
        40

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this document by their duly
      authorized officers with effect from the date so specified on the first page
      hereof.

     

    
      	
              LEHMAN
                BROTHERS

              SPECIAL
                FINANCING INC.

            	 	
              THE
                BANK OF NEW YORK,

              not
                in its individual or corporate capacity but solely as Swap Contract
                Administrator for Alternative Loan Trust
                2007-OH2

            
	
              (Party
                A)

            	 	
              (Party
                B)

            
	 	 	 
	
              By:

            	
              
                /s/
                  Allyson M. Carine

              

            	 	
              By:

            	 /s/
              Matthew Sabino
	 	
              Name:  Allyson
                M. Carine

            	 	 	
              Name:  Matthew
                Sabino

            
	 	
              Title:  Authorized
                Signatory

            	 	 	
              Title:   
                Assistant Treasurer

            

    

     

     

    
      
        
        

      

      
        41

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

     

    Regulation
      AB Agreement

     

     

    
      Item 1115 Agreement dated as of February 24, 2006 (this "Agreement"),
between COUNTRYWIDE HOME LOANS, INC., a New York corporation ("CHL"), CWABS,
INC., a Delaware corporation ("CWABS"), CWMBS, Inc., a Delaware corporation
("CWMBS"), CWALT, Inc., a Delaware corporation ("CWALT"), CWHEQ, Inc., a
Delaware corporation ("CWHEQ") and LEHMAN BROTHERS SPECIAL FINANCING INC., as
counterparty (the "Counterparty").

                                   RECITALS

             WHEREAS, CWABS, CWMBS, CWALT and CWHEQ each have filed
Registration Statements on Form S-3 (each, a "Registration Statement") with
the Securities and Exchange Commission (the "Commission") for purposes of
offering mortgage backed or asset-backed notes and/or certificates (the
"Securities") through special purpose vehicles (each, an "SPV").

             WHEREAS, from time to time, on the closing date (the "Closing
Date") of a transaction pursuant to which Securities are offered (each, a
"Transaction"), the Counterparty and CHL or an underwriter or dealer with
respect to the Transaction, enter into certain derivative agreements (each, a
"Derivative Agreement"), including interest rate caps and interest rate or
currency swaps, for purposes of providing certain yield enhancements that are
assigned to the SPV or the related trustee on behalf of the SPV or a swap or
corridor contract administrator (each, an "Administrator").

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

Section 1.   Definitions

             Company Information:  As defined in Section 4(a)(i).

             Company Financial Information: As defined in Section 2(a)(ii).

             Depositor: Means CWABS, CWMBS, CWALT or CWHEQ with respect
to the related Registration Statement for which the entity of the registrant.

             GAAP:  As defined in Section 3(a)(v).

             EDGAR: The Commission's Electronic Data Gathering, Analysis and
Retrieval system.

             Exchange Act: The Securities Exchange Act of 1934, as amended and
the rules and regulations promulgated thereunder.

             Exchange Act Reports: All Distribution Reports on Form 10-D,
Current Reports on Form 8-K and Annual Reports on Form 10-K that are to be
filed with respect to the related SPV pursuant to the Exchange Act.

                                     D-1

             Master Agreement: The ISDA Master Agreement between the
Counterparty and CHL, or if no such Master Agreement exists, the ISDA Master
Agreement assumed to apply to the Derivative Agreement pursuant to its terms.

             Prospectus Supplement: The prospectus supplement prepared in
connection with the public offering and sale of the related Securities.

             Regulation AB: Subpart 229.1100 - Asset Backed Securities
(Regulation AB), 17 C.F.R. ss.ss.229.1100-229.1123, as such may be amended
from time to time, and subject to such clarification and interpretation as
have been provided by the Commission in the adopting release (Asset-Backed
Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531
(Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by
the Commission or its staff from time to time.

             Securities Act: The Securities Act of 1933, as amended, and the
rules and regulations promulgated thereunder.

Section 2.   Information to be Provided by the Counterparty.

       (a)   Prior to printing the related Prospectus Supplement,

             (i)   the Counterparty shall provide to the related
                   Depositor such information regarding the
                   Counterparty, as a derivative instrument
                   counterparty, as is reasonably requested by the
                   related Depositor for the purpose of compliance
                   with Item 1115(a)(1) of Regulation AB. Such
                   information shall include, at a minimum:

                   (A)  The Counterparty's legal name (and any d/b/a);

                   (B)  the organizational form of the Counterparty;

                   (C)  a description of the general character of the
                        business of the Counterparty;

                   (D)  a description of any affiliation or
                        relationship (as set forth in Item 1119)
                        between the Counterparty and any of the
                        following parties:

                        (1)   CHL (or any other sponsor identified to the
                              Counterparty by CHL);

                        (2)   the related Depositor (as identified to the
                              Counterparty by CHL);

                        (3)   the SPV;

                        (4)   Countrywide Home Loans Servicing LP (or
                              any other servicer or master servicer
                              identified to the Counterparty by CHL);

                                     D-2

                        (5)   The Bank of New York (or any other trustee
                              identified to the Counterparty by CHL);

                        (6)   any originator identified to the Counterparty
                              by CHL;

                        (7)   any enhancement or support provider identified to
                              the Counterparty by CHL; and

                        (8)   any other material transaction party identified
                              to the Counterparty by CHL.

             (ii)  if requested by the related Depositor prior to the
                   related Depositor taking the steps necessary to
                   suspend its obligation to file Exchange Act
                   Reports, with respect to the SPV, under Sections 13
                   and 15(d) of the Exchange Act, in accordance with
                   the requirements of Regulation AB, the Counterparty
                   shall:

                   (A)   provide the financial data required by Item
                         1115(b)(1) or (b)(2) of Regulation AB (as specified
                         by the related Depositor to the Counterparty) with
                         respect to the Counterparty (or any entity that
                         consolidates the Counterparty) and any affiliated
                         entities providing derivative instruments to the
                         SPV (the "Company Financial Information"), in a
                         form appropriate for use in the Prospectus
                         Supplement and in an EDGAR-compatible form (if not
                         incorporated by reference) and hereby authorizes
                         the related Depositor to incorporate by reference
                         the financial data required by Item 1115(b)(2) of
                         Regulation AB; and

                   (B)   if applicable, cause its accountants to issue their
                         consent to the filing or the incorporation by
                         reference of such financial statements in the
                         Registration Statement.

       (b)   Following the Closing Date and until the related Depositor takes
             the steps necessary to suspend its obligation to file Exchange
             Act Reports, with respect to the SPV, under Sections 13 and 15(d)
             of the Exchange Act, with respect to a Transaction,

             (i)   no later than the 25th calendar day of each month, the
                   Counterparty shall (1) notify the related Depositor in
                   writing of any affiliations or relationships that develop
                   following the Closing Date between the Counterparty and any
                   of the parties specified in Section 2(a)(i)(D) (and any
                   other parties identified in writing by the related
                   Depositor) and (2) provide to the related Depositor a
                   description of such proceedings, affiliations or
                   relationships as described in Section 2(b)(i)(1);

             (ii)  if the Counterparty provided Company Financial Information
                   to the related Depositor for the Prospectus Supplement,
                   within 5 Business Days of the release of any updated
                   financial data, the Counterparty shall (1)

                                     D-3

                   provide current Company Financial Information as required
                   under Item 1115(b) of Regulation AB to the related Depositor
                   in an EDGAR-compatible form (if not incorporated by
                   reference) and hereby authorizes the related Depositor to
                   incorporate by reference the financial data required by Item
                   1115(b)(2) of Regulation AB, and (2) if applicable, cause its
                   accountants to issue their consent to filing or
                   incorporation by reference of such financial statements in
                   the Exchange Act Reports of the SPV; and

             (iii) if the related Depositor requests Company Financial
                   Information from the Counterparty, for the purpose of
                   compliance with Item 1115(b) of Regulation AB following the
                   Closing Date, the Counterparty shall upon five Business
                   Days written notice either (A), (1) provide current Company
                   Financial Information as required under Item 1115(b) of
                   Regulation AB to the related Depositor in an
                   EDGAR-compatible form (if not incorporated by reference)
                   and hereby authorizes the related Depositor to incorporate
                   by reference the financial data required by Item 1115(b)(2)
                   of Regulation AB, (2) if applicable, cause its accountants
                   to issue their consent to filing or incorporation by
                   reference of such financial statements in the Exchange Act
                   Reports of the SPV and (3) within 5 Business Days of the
                   release of any updated financial data, provide current
                   Company Financial Information as required under Item
                   1115(b) of Regulation AB to the related Depositor in an
                   EDGAR-compatible form and if applicable, cause its
                   accountants to issue their consent to filing or
                   incorporation by reference of such financial statements in
                   the Exchange Act Reports of the SPV or (B) assign the
                   Derivative Agreement as provided below.

Section 3.   Representations and Warranties and Covenants of the Counterparty.

        (a)  The Counterparty represents and warrants to the related
             Depositor, as of the date on which information is first
             provided to the related Depositor under Section 2(a)(ii),
             Section 2(b)(ii) or Section 2(b)(iii)(A), that, except as
             disclosed in writing the related Depositor prior to such
             date:

             (i)   The Counterparty or the entity that consolidates the
                   Counterparty is required to file reports with the
                   Commission pursuant to section 13(a) or 15(d) of the
                   Exchange Act.

             (ii)  The Counterparty or the entity that consolidates the
                   Counterparty has filed all reports and other materials
                   required to be filed by such requirements during the
                   preceding 12 months (or such shorter period that such party
                   was required to file such reports and materials).

             (iii) The reports filed by the Counterparty, or entity that
                   consolidates the Counterparty, include (or properly
                   incorporate by reference) the financial statements of the
                   Counterparty.

                                     D-4

             (iv)  The accountants who certify the financial statements and
                   supporting schedules included in the Company Financial
                   Information (if applicable) are independent registered
                   public accountants as required by the Securities Act.

             (v)   If applicable, the financial statements included in the
                   Company Financial Information present fairly the
                   consolidated financial position of the Counterparty (or the
                   entity that consolidates the Counterparty) and its
                   consolidated subsidiaries as at the dates indicated and the
                   consolidated results of their operations and cash flows for
                   the periods specified; except as otherwise stated in the
                   Company Financial Information, said financial statements
                   have been prepared in conformity with generally accepted
                   accounting principles ("GAAP") applied on a consistent
                   basis; and the supporting schedules included in the Company
                   Financial Information present fairly in accordance with
                   GAAP the information required to be stated therein. The
                   selected financial data and summary financial information
                   included in the Company Financial Information present
                   fairly the information shown therein and have been compiled
                   on a basis consistent with that of the audited financial
                   statements of the Counterparty.

             (vi)  The Company Financial Information and other Company
                   Information included or incorporated by reference in the
                   Registration Statement (including through filing on an
                   Exchange Act Report), at the time they were or hereafter
                   are filed with the Commission, complied in all material
                   respects with the requirements of Item 1115(b) of
                   Regulation AB (in the case of the Company Financial
                   Information) and, did not and will not contain an untrue
                   statement of a material fact or omit to state a material
                   fact required to be stated therein or necessary in order to
                   make the statements therein, in the light of the
                   circumstances under which they were made, not misleading.

        (b)  If the Counterparty has provided Company Financial Information
             that is incorporated by reference into the Registration Statement
             of the related Depositor, the Counterparty, so long as the
             related Depositor is required to file Exchange Act Reports with
             respect to the SPV, will file promptly all documents required to
             be filed with the Commission pursuant to Section 13 or 14 of the
             Exchange Act. If permitted by the Exchange Act, the related
             Depositor will take the steps necessary to suspend its obligation
             to file Exchange Act Reports, with respect to the SPV, under
             Sections 13 and 15(d) of the Exchange Act.

        (c)  If at any time, the Counterparty ceases to meet the requirements
             of Item 1101(c)(1) of Regulation AB with respect to the
             incorporation by reference of the financial information of third
             parties, the Counterparty shall provide notice to the related
             Depositor, and if any Company Financial Information is required
             to be included in the Registration Statement, or the Exchange Act
             Reports of the SPV, will provide to the related Depositor such
             Company Financial Information in

                                      D-5

             EDGAR-compatible format no later than the 25th calendar day of the
             month following the date on which the Counterparty ceased to meet
             the requirements.

        (d)  The Counterparty agrees that the terms of this Agreement shall be
             incorporated by reference into any Derivative Agreement so that
             each SPV who is a beneficiary of a Derivative Agreement shall be
             an express third party beneficiary of this Agreement.

Section 4.   Indemnification; Remedies

        (a)  The Counterparty shall indemnify CHL and the related Depositor,
             each person responsible for execution of a certification pursuant
             to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act; each
             broker dealer acting as underwriter, each person who controls any
             of such parties (within the meaning of Section 15 of the
             Securities Act and Section 20 of the Exchange Act); and the
             respective present and former directors, officers, employees and
             agents of each of the foregoing, and shall hold each of them
             harmless from and against any losses, damages, penalties, fines,
             forfeitures, legal fees and expenses and related costs,
             judgments, and any other costs, fees and expenses that any of
             them may sustain arising out of or based upon:

             (i)   (A) any untrue statement of a material fact contained or
                   alleged to be contained in any information, report,
                   accountants' consent or other material provided in written
                   or electronic form under Section 2 by or on behalf of the
                   Counterparty (collectively, the "Company Information"), or
                   (B) the omission or alleged omission to state in the
                   Company Information a material fact required to be stated
                   in the Company Information or necessary in order to make
                   the statements therein, in the light of the circumstances
                   under which they were made, not misleading;

             (ii)  any breach by the Counterparty of a representation or
                   warranty set forth in Section 3(a) and made as of a date
                   prior to the Closing Date, to the extent that such breach
                   is not cured by the Closing Date, or any breach by the
                   Counterparty of a representation or warranty pursuant to
                   Section 3 to the extent made as of a date subsequent to the
                   Closing Date.

        (b)  (i)   Any failure by the Counterparty to deliver any
                   information, report, accountants' consent or other material
                   when and in any case only as required under Section 2 or
                   any breach by the Counterparty of a representation or
                   warranty set forth in Section 3 and made as of a date prior
                   to the Closing Date, to the extent that such breach is not
                   cured by the Closing Date (or in the case of information
                   needed for purposes of printing the Prospectus Supplement,
                   the date of printing of the Prospectus Supplement), shall,
                   except as provided in clause (ii) of this paragraph,
                   immediately and automatically, without notice or grace
                   period, constitute an Additional Termination Event (as
                   defined in the Master Agreement) with the Counterparty as
                   the sole Affected Party (as defined in the Master

                                      D-6

                   Agreement) under the Derivative Agreement. Following such
                   termination, a termination payment (if any) shall be
                   payable by the applicable party as determined by the
                   application of Section 6(e)(ii) of the Master Agreement,
                   with Market Quotation and Second Method being the
                   applicable method for determining the termination payment
                   (notwithstanding anything in the Derivative Agreement to
                   the contrary).

             (ii)  If the Counterparty has failed to deliver any information,
                   report, certification or accountants' consent when and as
                   required under Section 2, which continues unremedied for
                   the lesser of ten calendar days after the date on which
                   such information, report, certification or accountants'
                   consent was required to be delivered or such period in
                   which the applicable Exchange Act Report for which such
                   information is required can be timely filed (without taking
                   into account any extensions permitted to be filed), or if
                   the Counterparty has provided Company Information, any
                   breach by the Counterparty of a representation or warranty
                   pursuant to Section 3 to the extent made as of a date
                   subsequent to such closing date, and the Counterparty has
                   not, at its own cost, within the period in which the
                   applicable Exchange Act Report for which such information
                   is required can be timely filed caused another entity
                   (which meets any applicable ratings threshold in the
                   Derivative Agreement) to replace the Counterparty as party
                   to the Derivative Agreement that (i) has signed an
                   agreement with CHL and the Depositors substantially in the
                   form of this Agreement, (ii) has agreed to deliver any
                   information, report, certification or accountants' consent
                   when and as required under Section 2 hereof and (iii) is
                   approved by the Depositor (which approval shall not be
                   unreasonably withheld) and any rating agency, if
                   applicable, on terms substantially similar to the
                   Derivative Agreement, then an Additional Termination Event
                   (as defined in the Master Agreement) shall have occurred
                   with the Counterparty as the sole Affected Party. Following
                   such termination, a termination payment (if any) shall be
                   payable by the applicable party as determined by the
                   application of Section 6(e)(ii) of the Master Agreement,
                   with Market Quotation and Second Method being the
                   applicable method for determining the termination payment
                   (notwithstanding anything in the Derivative Agreement to
                   the contrary).

             (iii) In the event that the Counterparty or the SPV has found a
                   replacement entity in accordance with Section 2(b)(ii), the
                   Counterparty shall promptly reimburse the SPV for all
                   reasonable incidental expenses incurred by the SPV, as such
                   are incurred, in connection with the termination of the
                   Counterparty as counterparty and the entry into a new
                   Derivative Agreement. The provisions of this paragraph
                   shall not limit whatever rights the SPV may have under
                   other provisions of this Agreement or otherwise, whether in
                   equity or at law, such as an action for damages, specific
                   performance or injunctive relief.

                                      D-7

Section 5.   Miscellaneous.

        (a)  Construction. Throughout this Agreement, as the context requires,
             (a) the singular tense and number includes the plural, and the
             plural tense and number includes the singular; (b) the past tense
             includes the present, and the present tense includes the past;
             and (c) references to parties, sections, schedules, and exhibits
             mean the parties, sections, schedules, and exhibits of and to
             this Agreement. The section headings in this Agreement are
             inserted only as a matter of convenience, and in no way define,
             limit, extend, or interpret the scope of this Agreement or of any
             particular section.

        (b)  Assignment. None of the parties may assign their rights under
             this Agreement without the prior written consent of the other
             parties. Subject to the foregoing, this Agreement shall be
             binding on and inure to the benefit of the parties and their
             respective successors and permitted assigns.

        (c)  No Third-Party Benefits Except as Specified. None of the
             provisions of this Agreement are intended to benefit, or to be
             enforceable by, any third-party beneficiaries except the related
             SPV and any trustee of an SPV or any Administrator.

        (d)  Governing Law. This Agreement shall be governed by and construed
             in accordance with the internal laws of the State of New York
             without regard to the conflict of laws principles thereof.

        (e)  Amendment and Waiver. This Agreement may not be modified or
             amended except by an instrument in writing signed by the parties
             hereto. No waiver of any provision of this Agreement or of any
             rights or obligations of any party under this Agreement shall be
             effective unless in writing and signed by the party or parties
             waiving compliance, and shall be effective only in the specific
             instance and for the specific purpose stated in that writing.

        (f)  Counterparts. This Agreement may be executed in one or more
             counterparts, each of which shall be deemed an original, but all
             of which together shall constitute one and the same instrument.

        (g)  Additional Documents. Each party hereto agrees to execute any and
             all further documents and writings and to perform such other
             actions which may be or become reasonably necessary or expedient
             to effectuate and carry out this Agreement.

        (h)  Severability. Any provision hereof which is prohibited or
             unenforceable shall be ineffective only to the extent of such
             prohibition or unenforceability without invalidating the
             remaining provisions hereof.

        (i)  Integration. This Agreement contains the entire understanding of
             the parties with respect to the subject matter hereof. There are
             no restrictions, agreements, promises, representations,
             warranties, covenants or undertakings with respect to

                                      D-8

             the subject matter hereof other than those expressly set forth or
             referred to herein. This Agreement supersedes all prior
             agreements and understandings between the parties with respect to
             its subject matter.

                                      D-9

             IN WITNESS WHEREOF, the parties hereto have caused their names to
be signed hereto by their respective officers thereunto duly authorized as of
the day and year first above written.

                                         CWABS, INC.

                                         By: /s/ Darren Bigby
                                            ---------------------------------
                                            Name: Darren Bigby
                                            Title: Vice President

                                         CWMBS, INC.

                                         By: /s/ Darren Bigby
                                            ---------------------------------
                                            Name: Darren Bigby
                                            Title: Vice President

                                         CWALT, INC.

                                         By: /s/ Darren Bigby
                                            ---------------------------------
                                            Name: Darren Bigby
                                            Title: Vice President

                                         CWHEQ, INC.

                                         By: /s/ Darren Bigby
                                            ---------------------------------
                                            Name: Darren Bigby
                                            Title: Vice President

                                         COUNTRYWIDE HOME LOANS, INC.

                                         By: /s/ Darren Bigby
                                            ---------------------------------
                                            Name: Darren Bigby
                                            Title: Senior Vice President

                                      D-10

                                         LEHMAN BROTHERS SPECIAL FINANCING INC.

                                         By: /s/ Jacqueline M. Didier
                                            ----------------------------------
                                            Name: Jacqueline M. Didier
                                            Title: Vice President

                                      D-11

    

     

    

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

    LEHMAN
      BROTHERS

     

    EXHIBIT
      B to Schedule

     

    GUARANTEE
      OF LEHMAN BROTHERS HOLDINGS INC.

     

    LEHMAN
      BROTHERS SPECIAL FINANCING INC. (“Party A”) and THE BANK OF NEW YORK, not in its
      individual or corporate capacity but solely as Swap Contract Administrator
      for
Alternative Loan Trust 2007-OH2 (“Party B”) have entered into a
      Master Agreement dated as of June 29, 2007, as amended from time to time (the
      “Master Agreement”), pursuant to which Party A and Party B have entered and/or
      anticipate entering into one or more transactions (each a “Transaction”), the
      Confirmation of each of which supplements, forms part of, and will be read
      and
      construed as one with, the Master Agreement (collectively referred to as the
      “Agreement”). This Guarantee is a Credit Support Document as contemplated in the
      Agreement. For value received, and in consideration of the financial
      accommodation accorded to Party A by Party B under the Agreement, LEHMAN
      BROTHERS HOLDINGS INC., a corporation organized and existing under the laws
      of
      the State of Delaware (“Guarantor”), hereby agrees to the
      following:

     

    (a)           Guarantor
      hereby unconditionally guarantees to Party B the due and punctual payment of
      all
      amounts payable by Party A in connection with each Transaction when and as
      Party
      A’s obligations thereunder shall become due and payable in accordance with the
      terms of the Agreement (whether at maturity, by acceleration or otherwise).
      Guarantor hereby agrees, upon written demand by Party B, to pay or cause to
      be
      paid any such amounts punctually when and as the same shall become due and
      payable.

     

    (b)           Guarantor
      hereby agrees that its obligations under this Guarantee constitute a guarantee
      of payment when due and not of collection.

     

    (c)           Guarantor
      hereby agrees that its obligations under this Guarantee shall be unconditional,
      irrespective of the validity, regularity or enforceability of the Agreement
      against Party A (other than as a result of the unenforceability thereof against
      Party B), the absence of any action to enforce Party A’s obligations under the
      Agreement, any waiver or consent by Party B with respect to any provisions
      thereof, the entry by Party A and Party B into any amendments to the Agreement,
      additional Transactions under the Agreement or any other circumstance which
      might otherwise constitute a legal or equitable discharge or defense of a
      guarantor (excluding the defense of payment or statute of limitations, neither
      of which is waived) provided, however, that Guarantor shall be entitled to
      exercise any right that Party A could have exercised under the Agreement to
      cure
      any default in respect of its obligations under the Agreement or to setoff,
      counterclaim or withhold payment in respect of any Event of Default or Potential
      Event of Default in respect of Party B or any Affiliate, but only to the extent
      such right is provided to Party A under the Agreement. The Guarantor
      acknowledges that Party A and Party B may from time to time enter into one
      or
      more Transactions pursuant to the Agreement and agrees that the obligations
      of
      the Guarantor under this Guarantee will upon the execution of any such
      Transaction by Party A and Party B extend to all such Transactions without
      the
      taking of further action by the Guarantor.

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

     

    (d)           This
      Guarantee shall remain in full force and effect until the first to occur of
      (i)
      receipt by Party B of a written notice of termination from Guarantor or (ii)
      none of the obligations of Party A remain outstanding. Termination of this
      Guarantee shall not affect Guarantor’s liability hereunder as to obligations
      incurred or arising out of Transactions entered into prior to the termination
      hereof.

     

    (e)           Guarantor
      further agrees that this Guarantee shall continue to be effective or be
      reinstated, as the case may be, if at any time, payment, or any part thereof,
      of
      any obligation or interest thereon is rescinded or must otherwise be restored
      by
      Party B upon an Event of Default as set forth in Section 5(a)(vii) of the Master
      Agreement affecting Party A or Guarantor.

     

    (f)           Guarantor
      hereby waives (i) promptness, diligence, presentment, demand of payment,
      protest, order and, except as set forth in paragraph (a) hereof, notice of
      any
      kind in connection with the Agreement and this Guarantee, or (ii) any
      requirement that Party B exhaust any right to take any action against Party
      A or
      any other person prior to or contemporaneously with proceeding to exercise
      any
      right against Guarantor under this Guarantee,

     

    
      
        
        

      

      
        B-2

        
          

        

      

      
        
        

      

    

    LEHMAN
      BROTHERS

     

    This
      Guarantee shall be governed by and construed in accordance with the laws of
      the
      State of New York without regard to conflicts of laws principles. All
      capitalized terms not defined in this Guarantee, but defined in the Agreement,
      shall have the meanings assigned thereto in the Agreement.

     

    IN
      WITNESS WHEREOF, Guarantor has caused this Guarantee to be executed by its
      duly
      authorized officer as of the date of the Agreement.

     

    LEHMAN
      BROTHERS HOLDINGS INC.

     

    By:_______________________________

    Name:

    Title:

    Date:

     

    
      
        
        

      

      
        B-3

        
          

        

      

      
        
        

      

    

     

    Certificate
      Swap ISDA Master Agreement

    ISDA®

    CREDIT
      SUPPORT ANNEX

    to
      the
      Schedule to the

    ISDA
      Master Agreement

    dated
      as
      of June 29, 2007 between

     

    LEHMAN
      BROTHERS SPECIAL FINANCING INC.

    (hereinafter
      referred to as “Party A” or
“Pledgor”),

     

    and

     

    THE
      BANK OF NEW YORK, not in its individual or corporate capacity but solely
      as

    Swap
      Contract Administrator for Alternative Loan Trust 2007-OH2

    (hereinafter
      referred to as “Party B” or “Secured
      Party”)

     

    
       

      
        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 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).

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      (d)  Substitutions.

       

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

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      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 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 Parry 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 Patty, 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).

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      (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.

       

      Paragraph
        7.  Events
        of Default

       

      For
        purposes of Section 5(a) (iii) (1) 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.

       

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      (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;

       

      (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.

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      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 at 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).

       

      (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.

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      Paragraph
        12.  Definitions

       

      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.

       

      “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.

       

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      “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 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.

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      “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;

       

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

       

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

       

    

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

     

    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:  not applicable.

     

    With
      respect to Party B:  not applicable.

     

    
      	
              (b)

            	
              Credit
                Support Obligations.

            

    

     

    
      	
               

            	
              (i)

            	
              Delivery
                Amount, Return Amount and Credit Support
                Amount.

            

    

     

    
      	
               

            	
              (A)

            	
              “Delivery
                Amount” has the meaning specified in Paragraph 3(a) as
                amended (I) by deleting the words “upon a demand made by the Secured Party
                on or promptly following a Valuation Date” and inserting in lieu thereof
                the words “not later than the close of business on each Valuation Date”
                and (II) by deleting in its entirety the sentence beginning “Unless
                otherwise specified in Paragraph 13” and ending “(ii) the Value as of that
                Valuation Date of all Posted Credit Support held by the Secured Party,”
                and inserting in lieu thereof the
                following:

            

    

     

    The
      “Delivery Amount” applicable to the Pledgor for any
      Valuation Date will equal the greatest of:

     

    
      	
               

            	
              (1)

            	
              the
                amount by which (a) the S&P Approved Ratings Credit Support Amount for
                such Valuation Date exceeds (b) the S&P Approved Ratings Value as of
                such Valuation Date of all Posted Credit Support held by the Secured
                Party,

            

    

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (2)

            	
              the
                amount by which (a) the S&P Required Ratings Credit Support Amount for
                such Valuation Date exceeds (b) the S&P Required Ratings Value as of
                such Valuation Date of all Posted Credit Support held by the Secured
                Party,

            

    

     

    
      	
               

            	
              (3)

            	
              the
                amount by which (a) the Moody’s First Trigger Credit Support Amount for
                such Valuation Date exceeds (b) the Moody’s First Trigger Value as of such
                Valuation Date of all Posted Credit Support held by the Secured Party,
                and

            

    

     

    
      	
               

            	
              (4)

            	
              the
                amount by which (a) the Moody’s Second Trigger Credit Support Amount for
                such Valuation Date exceeds (b) the Moody’s Second Trigger Value as of
                such Valuation Date of all Posted Credit Support held by the Secured
                Party.

            

    

     

    
      	
               

            	
              (B)

            	
              “Return
                Amount” has the meaning specified in Paragraph 3(b) as
                amended by deleting in its entirety the sentence beginning “Unless
                otherwise specified in Paragraph 13” and ending “(ii) the Credit Support
                Amount.” and inserting in lieu thereof the
                following:

            

    

     

    The
      “Return Amount” applicable to the Secured Party for
      any Valuation Date will equal the least of:

     

    
      	
               

            	
              (1)

            	
              the
                amount by which (a) the S&P Approved Ratings Value as of such
                Valuation Date of all Posted Credit Support held by the Secured Party
                exceeds (b) the S&P Approved Ratings Credit Support Amount for such
                Valuation Date,

            

    

     

    
      	
               

            	
              (2)

            	
              the
                amount by which (a) the S&P Required Ratings Value as of such
                Valuation Date of all Posted Credit Support held by the Secured Party
                exceeds (b) the S&P Required Ratings Credit Support Amount for such
                Valuation Date,

            

    

     

    
      	
               

            	
              (3)

            	
              the
                amount by which (a) the Moody’s First Trigger Value as of such Valuation
                Date of all Posted Credit Support held by the Secured Party exceeds
                (b)
                the Moody’s First Trigger Credit Support Amount for such Valuation Date,
                and

            

    

     

    
      	
               

            	
              (4)

            	
              the
                amount by which (a) the Moody’s Second Trigger Value as of such Valuation
                Date of all Posted Credit Support held by the Secured Party exceeds
                (b)
                the Moody’s Second Trigger Credit Support Amount for such Valuation
                Date.

            

    

     

    
      	
               

            	
              (C)

            	
              “Credit
                Support Amount” shall not apply.  For purposes of
                calculating any Delivery Amount or Return Amount for any Valuation
                Date,
                reference shall be made to the S&P Approved Ratings Credit Support
                Amount, the S&P Required Ratings Credit Support Amount, the Moody’s
                First Trigger Credit Support Amount or the Moody’s Second Trigger Credit
                Support Amount, in each case for such Valuation Date, as provided
                in
                Paragraphs 13(b)(i)(A) and I3(b)(i)(B),
                above.

            

    

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (ii)

            	
              Eligible
                Collateral.

            

    

     

    On
      any
      date, the following items will qualify as “Eligible
      Collateral”:

     

    
      	
              
                Collateral

              

            	 	
              
                S&P

                Approved

                Ratings

                Valuation

                Percentage

              

            	 	
              
                S&P

                Required

                Ratings

                Valuation

                Percentage

              

            	 	
              
                Moody’s

                First
                  Trigger

                Valuation

                Percentage

              

            	 	
              
                Moody’s

                Second
                  Trigger Valuation

                Percentage

              

            
	 	 	 	 	 	 	 	 	 
	
              (A)  Cash

            	 	
              100%

            	 	
              80%

            	 	
              100%

            	 	
              100%

            
	 	 	 	 	 	 	 	 	 
	
              (B)  Fixed-rate
                negotiable USD denominated debt obligations issued by the U.S. Treasury
                Department having a remaining maturity on such date of less than
                one
                year

            	 	
              98.04%

            	 	
              78.43%

            	 	
              100%

            	 	
              100%

            
	 	 	 	 	 	 	 	 	 
	
              (C)  Fixed-rate
                negotiable USD denominated debt obligations issued by the U.S. Treasury
                Department having a remaining maturity on such date of one year or
                more
                but less than five years

            	 	
              98.04%

            	 	
              78.43%

            	 	
              100%

            	 	
              97%

            
	 	 	 	 	 	 	 	 	 
	
              (D)  Fixed-rate
                negotiable USD denominated debt obligations issued by the U.S. Treasury
                Department having a remaining maturity on such date of five years
                or more
                but less than ten years

            	 	
              92.59%

            	 	
              74.07%

            	 	
              100%

            	 	
              94%

            

    

     

    
      
        	
                 

              	
                (ii)

              	
                
                  Other
                    Eligible
                    Support.

                

              

      

       

    

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

     

    Not
      applicable.

    
       

      
        	
                 

              	
                (iv)

              	
                
                  Threshold.

                

              

      

       

    

    
      	
               

            	
              (A)

            	
              “Independent
                Amount” means zero with respect to Party A and Party
                B.

            

    

     

    
      	
               

            	
              (B)

            	
              “Threshold”
                means, with respect to Party A and any Valuation Date, zero if a
                Collateral Event has occurred and has been continuing (i) for at
                least 30
                Local Business Days if such Collateral Event is attributable to credit
                ratings of Moody’s, (ii) for at least 10 Local Business Days if such
                Collateral Event is attributable to credit ratings of S&P or (iii)
                since this Annex was executed; otherwise,
                infinity.

            

    

     

    “Threshold”
      means, with respect to Party B and any Valuation Date, infinity.

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (C)

            	
              “Minimum
                Transfer Amount” means USD 100,000 with respect to Party A
                and Party B; provided, however, that if the aggregate Class Certificate
                Balance of the Certificates rated by S&P ceases to be more than USD
                50,000,000, the “Minimum Transfer Amount” shall
                be USD 50,000.

            

    

     

    
      	
               

            	
              (D)

            	
              Rounding:  The
                Delivery Amount will be rounded up to the nearest integral multiple
                of USD
                10,000. The Return Amount will be rounded down to the nearest integral
                multiple of USD 1,000.

            

    

     

    
      	
              (c)

            	
              Valuation
                and Timing.

            

    

     

    
      	
               

            	
              (i)

            	
              “Valuation
                Agent” means Party A; provided, however, that if an Event
                of
                Default shall have occurred and is continuing with respect to which
                Party
                A is the Defaulting Party, Party B shall have the right to designate
                a
                financial institution which qualifies as Reference Market-maker to
                act as
                Valuation Agent an independent party, reasonably acceptable to Party
                A,
                the cost for which shall be borne by Party A, until the discontinuance
                of
                the Event of Default with respect to Party A or the designation of
                an
                Early Termination Date under Section 6(c)(ii). All calculations by
                the
                Valuation Agent must be made in accordance with standard market practice,
                including, in the event of a dispute as to the Value of any Eligible
                Credit Support or Posted Credit Support, by making reference to quotations
                received by the Valuation Agent from one or more Pricing
                Sources.

            

    

     

    
      	
               

            	
              (ii)

            	
              “Valuation
                Date” means for purposes of determining each time that Party
                A is required to post collateral, each Local Business
                Day.

            

      	 	 	 

      	 	(iii)	
              “Valuation
                Time” means the close of business in New York on the Local
                Business Day immediately preceding 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 3:00 p.m., New York time, on a Local Business
              Day.

    

     

    
      	
               

            	
              (v)

            	
              [Reserved]

            

      	 	 	 

      	 	(vi)	[Reserved]

    

     

    
      	
              (d)

            	
              Conditions
                Precedent and Secured Party’s Rights and Remedies. The
                following Termination Events 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):  With respect to Party A:  any Additional
                Termination Event with respect to which Party A is the sole Affected
                Party. With respect to Party
                B:  None.

            

    

     

    
      	
              (e)

            	
              Substitution.

            

    

     

    
      	
               

            	
              (i)

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

            

    

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (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):  Inapplicable.

            

    

     

    
      	
              (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 of the dispute is given
                under
                Paragraph 5.

            

    

     

    
      	
               

            	
              (ii)

            	
              Value.
                Notwithstanding anything to the contrary in Paragraph 12, for the
                purpose
                of Paragraphs 5(i)(C) and 5(ii), the S&P Approved Ratings Value, the
                S&P Required Ratings Value, the Moody’s First Trigger Value and the
                Moody’s Second Trigger Value, on any date, of Eligible Collateral will
                be
                calculated as follows:

            

    

     

    For
      Eligible Collateral in the form of securities listed in Paragraph
      13(b)(ii):  the sum of (A) the product of (1)(x) the bid price at the
      Valuation Time for such securities on the principal national securities exchange
      on which such securities are listed or (y) if such securities are not listed
      on
      a national securities exchange, the bid price for such securities quoted at
      the
      Valuation Time by any principal market maker for such securities selected by
      the
      Valuation Agent or (z) if no such bid price is listed or quoted for such date,
      the bid price listed or quoted (as the case may be) at the Valuation Time for
      the day next preceding such date on which such prices were available and (2)
      the
      applicable Valuation Percentage for such Eligible Collateral and (B) the accrued
      interest on such securities (except to the extent Transferred to the Pledgor
      pursuant to Paragraph 6(d)(ii) or included in the applicable price referred
      to
      in the immediately preceding clause (A)) as of such date. For Eligible
      Collateral in the form of Cash, the product of (1) the amount of such Cash
      and
      (2) the applicable Valuation Percentage.

     

    
      	 	(iii)	
              Alternative.
                The provisions of Paragraph 5 will apply.

            

      	 	 	 

      	 	(iv)	
              Paragraph
                5 is amended by deleting the words “(X) the date that the demand is made
                under Paragraph 3 in the case of (I) above” in the fourth and seventh
                lines of such paragraph and inserting in lieu thereof the words “(X) the
                date that the delivery is made under Paragraph 3(a) or the date that
                the
                demand is made under Paragraph 3(b) in the case of (I)
                above”.

            

      	 	 	 

      	
               

            	
              (v)

            	
              For
                purposes of Paragraph 5(i)(B), Market Quotation shall have the meaning
                given to such term in Section 14 of the
                Agreement.

            

    

     

    
      	
              (g)

            	
              Holding
                and Using Posted
                Collateral.

            

    

     

    
      	
               

            	
              (i)

            	
              Eligibility
                to Hold Posted Collateral; Custodians. Party B (or any
                Custodian) will be entitled to hold Posted Collateral pursuant to
                Paragraph 6(b) so long as Party B (or any Custodian) is a financial
                institution located in the United States having total assets of at
                least
                $250,000,000 and (i) a short term unsecured and unsubordinated debt
                or
                counterparty rating of “Prime-1” from Moody’s and (ii) a short-term
                unsecured and unsubordinated debt rating from S&P of “A-l” or, if such
                entity does not have a short-term unsecured and unsubordinated debt
                rating
                from S&P, a long-term unsecured and unsubordinated debt rating from
                S&P of “A+”.

            

    

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

     

    In
      the
      event that Party B (or any Custodian) no longer satisfies the credit ratings
      of
      S&P set forth in clause (ii) above, Party B shall cause any Posted
      Collateral to be moved to another financial institution satisfying such credit
      ratings in clause (ii) above within 60 calendar days.

     

    Initially,
      the Custodian for Party B is:  The Bank of New York.

     

    
      	
               

            	
              (ii)

            	
              Use
                of Posted Collateral. The provisions of Paragraph 6(c)(i)
                will not apply to Party B, but the provisions of Paragraph 6(c)(ii)
                will
                apply to Party B.

            

    

     

    
      	
              (h)

            	
              Distributions
                and Interest Amount.

            

    

     

    
      	
               

            	
              (i)

            	
              Interest
                Rate. The “Interest Rate” will be
                the actual interest rate earned on Posted Collateral in the form
                of Cash
                that is held by Party B or its
                Custodian.

            

    

     

    
      	
               

            	
              (ii)

            	
              Transfer
                of Interest Amount. The Transfer of the Interest Amount will
                be made on the second Local Business Day following the end of each
                calendar month and on any other Local Business Day on which Posted
                Collateral in the form of Cash is Transferred to the Pledgor pursuant
                to
                Paragraph 3(b); provided, however, that the obligation of Party B
                to
                Transfer any Interest Amount to Party A shall be limited to the extent
                that Party B has earned and received such funds and such funds are
                available to Party B.

            

      	 	 	 

      	 	(iii)	Alternative
              to Interest Amount.  The provisions of Paragraph
              6(d)(ii) will apply.

    

     

    
      	
              (i)

            	
              Additional
                Representation(s).  There are no additional
                representations by either party.

            

    

     

    
      	
              (j)

            	
              Other
                Eligible Support and Other Posted
                Support.

            

    

     

    
      	
               

            	
              (i)

            	
              “Value”
                with respect to Other Eligible Support and Other Posted Support
                means:  not applicable.

            

    

     

    
      	
               

            	
              (ii)

            	
              “Transfer”
                with respect to Other Eligible Support and Other Posted Support
                means:  not applicable.

            

    

     

    
      	
              (k)

            	
              Demands
                and Notices. All demands, specifications and notices under
                this Annex will be made pursuant to the Notices Section of this Agreement,
                except that any demand, specification or notice shall be given to
                or made
                at the following addresses or at such other address as the relevant
                party
                may from time to time designate by giving notice (in accordance with
                the
                terms of this paragraph) to the other
                party:

            

    

     

    If
      to
      Party B’s Custodian, at the address specified for Party B pursuant to the
      Notices Section of this Agreement

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    
      	
              (l)

            	
              Address
                for Transfers. Each Transfer hereunder shall be made to an
                address specified in writing from time to time by the party to which
                such
                Transfer will be made.

            

    

     

    
      	
              (m)

            	
              Other
                Provisions.

            

    

     

    
      	
               

            	
              (i)

            	
              Collateral
                Account. In the event that the Threshold applicable to Party
                A has been reduced to zero, Party B shall open and maintain a segregated
                account, and hold, record and identify all Posted Collateral in such
                segregated account.

            

    

     

    
      	
               

            	
              (ii)

            	
              Agreement
                as to Single Secured Party and Single Pledgor. Party A and
                Party B hereby agree that, notwithstanding anything to the contrary
                in
                this Annex, (a) the term “Secured Party” as used in this Annex means only
                Party B, (b) the term “Pledgor” as used in this Annex means only Party A,
                (c) only Party A makes the pledge and grant in Paragraph 2, the
                acknowledgement in the final sentence of Paragraph 8(a) and the
                representations in Paragraph 9.

            

      	 	 	 

      	 	(iii)	
              Calculation
                of Value. Paragraph 4(c) is hereby amended by deleting the
                word “Value” and inserting in lieu thereof “S&P Approved Ratings
                Value, S&P Required Ratings Value, Moody’s First Trigger Value,
                Moody’s Second Trigger Value”. Paragraph 4(d)(ii) is hereby amended by (A)
                deleting the words “a Value” and inserting in lieu thereof “an S&P
                Approved Ratings Value, S&P Required Ratings Value, Moody’s First
                Trigger Value or Moody’s Second Trigger Value, as applicable” and (B)
                deleting the words “the Value” and inserting in lieu thereof “the S&P
                Approved Ratings Value, S&P Required Ratings Value, Moody’s First
                Trigger Value or Moody’s Second Trigger Value, as applicable”. Paragraph 5
                (flush language) is hereby amended by deleting the word “Value” and
                inserting in lieu thereof “S&P Approved Ratings Value, S&P
                Required Ratings Value, Moody’s First Trigger Value or Moody’s Second
                Trigger Value, as applicable”. Paragraph 5(i) (flush language) is hereby
                amended by deleting the word “Value” and inserting in lieu thereof
                “S&P Approved Ratings Value, S&P Required Ratings Value, Moody’s
                First Trigger Value or Moody’s Second Trigger Value, as applicable”.
                Paragraph 5(i)(C) is hereby amended by deleting the word “Value” and
                inserting in lieu thereof “the S&P Approved Ratings Value, S&P
                Required Ratings Value, Moody’s First Trigger Value or Moody’s Second
                Trigger Value, as applicable”. Paragraph 5(ii) is hereby amended by (1)
                deleting the first instance of the words “the Value” and inserting in lieu
                thereof “any one or more of the S&P Approved Ratings Value, S&P
                Required Ratings Value, Moody’s First Trigger Value or Moody’s Second
                Trigger Value” and (2) deleting the second instance of the words “the
                Value” and inserting in lieu thereof “such disputed S&P Approved
                Ratings Value, S&P Required Ratings Value, Moody’s First Trigger Value
                or Moody’s Second Trigger Value, as applicable”. Each of Paragraph
                8(b)(iv)(B) and Paragraph 11(a) is hereby amended by deleting the
                word
                “Value” and inserting in lieu thereof “least of the S&P Approved
                Ratings Value, S&P Required Ratings Value, Moody’s First Trigger Value
                and Moody’s Second Trigger Value”.

            

      	 	 	 

      	 	(iv)	
              [Reserved]

            

    

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (v)

            	
              Events
                of Default. Paragraph 7 will not apply to cause any Event of
                Default to exist with respect to Party B except that Paragraph 7(i)
                will
                apply to Party B solely in respect of Party B’s obligations under
                Paragraph 3(b) of the Credit Support Annex. Notwithstanding anything
                to
                the contrary in Paragraph 7, any failure by Party A to comply with
                or
                perform any obligation to be complied with or performed by Party
                A under
                the Credit Support Annex shall only be an Event of Default if (i)
                a
                Moody’s Second Trigger Ratings Event has occurred and been continuing for
                30 or more Local Business Days or (ii) an S&P Required Ratings Event
                has occurred and been continuing for 10 or more Local Business
                Days.

            

      	 	 	 

      	 	(vi)	
              Expenses.
                Notwithstanding anything to the contrary in Paragraph 10, the Pledgor
                will
                be responsible for, and will reimburse the Secured Party for, all
                transfer
                and other taxes and other costs involved in any Transfer of Eligible
                Collateral.

            

      	 	 	 

      	 	(vii)	
              Withholding.
                Paragraph 6(d)(ii) is hereby amended by inserting immediately after
“the
                Interest Amount” in the fourth line thereof the words “less any applicable
                withholding taxes.”

            

      	 	 	 

      	 	(viii)	
              Notice
                of Failure to Post Collateral. Upon any failure by Party A
                to post Eligible Collateral as required under this Agreement, Party
                B
                shall, no later than the next Business Day after the date such Eligible
                Collateral was required to be posted, give a written notice of such
                failure to Party A and to the Depositor. For the avoidance of doubt,
                notwithstanding anything in this Agreement to the contrary, the failure
                of
                Party B to comply with the requirements of this paragraph shall not
                constitute an Event of Default or Termination
                Event.

            

      	 	 	 

      	 	(ix)	
              Additional
                Definitions.  As used in this
                Annex:

            

    

     

    “Collateral
      Event” means that neither Party A nor any Eligible Guarantor of
      Party A under an Eligible Guarantee has credit ratings at least equal to the
      Moody’s First Trigger Ratings Threshold or the S&P Approved Ratings
      Threshold (or, in the case of an entity that is not a Financial Institution,
      credit ratings from S&P at least equal to the credit ratings set forth in
      clause (ii) of the definition of S&P Required Ratings
      Threshold).

     

    “Exposure”
      has the meaning specified in Paragraph 12, except that (i) after the word
“Agreement” the words “(assuming, for this purpose only, that Part 1(f) of the
      Schedule is deleted)” shall be inserted and (ii) Replacement Transactions shall
      have the meaning given to such term in the definition of “Market Quotation” in
      Section 14 of the Agreement.

     

    “Local
      Business Day” means:  any day on which (A) commercial
      banks are open for business (including dealings in foreign exchange and foreign
      currency deposits) in New York and the location of Party A, Party B and any
      Custodian and (B) in relation to a Transfer of Eligible Collateral, any day
      on
      which the clearance system agreed between the parties for the delivery of
      Eligible Collateral is open for acceptance and execution of settlement
      instructions (or in the case of a Transfer of Cash or other Eligible Collateral
      for which delivery is contemplated by other means a day on which commercial
      banks are open for business (including dealings in foreign exchange and foreign
      deposits) in New York and the location of Party A, Party B and any
      Custodian.

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

     

    “Moody’s
      First Trigger Credit Support Amount” means, for any Valuation
      Date, the excess, if any, of:

     

    
      	
               

            	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which (i) a Moody’s First Trigger Failure Condition
                has occurred and has been continuing (x) for at least 30 Local Business
                Days or (y) since this Annex was executed and (ii) it is not the
                case that
                a Moody’s Second Trigger Failure Condition has occurred and been
                continuing for at least 30 Local Business Days, an amount equal to
                the
                greater of (a) zero and (b) the sum of the Secured Party’s Exposure and
                the aggregate of Moody’s Additional Collateralized Amounts for each
                Transaction.

            

    

     

    For
      the
      purposes of this definition, the “Moody’s Additional Collateralized
      Amount” with respect to any Transaction shall mean:

     

    the
      product of the applicable Moody’s First Trigger Factor set forth in Table 1 and
      the Notional Amount for such Transaction for the Calculation Period which
      includes such Valuation Date; or

     

    
      	
               

            	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

     

    
      	
               

            	
              (II)

            	
              the
                Threshold for Party A for such Valuation
                Date.

            

    

     

    “Moody’s
      First Trigger Failure Condition” means that neither Party A nor
      any Eligible Guarantor of Party A under an Eligible Guarantee has credit ratings
      from Moody’s at least equal to the Moody’s First Trigger Ratings
      Threshold.

     

    “Moody’s
      First Trigger Value” means, on any date and with respect to any
      Eligible Collateral, the bid price obtained by the Valuation Agent multiplied
      by
      the Moody’s First Trigger Valuation Percentage for such Eligible Collateral set
      forth in Paragraph 13(b)(ii).

     

    “Moody’s
      Second Trigger Credit Support Amount” means, for any Valuation
      Date, the excess, if any, of:

     

    
      	
               

            	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which a Moody’s Second Trigger Failure Condition has
                occurred and been continuing for at least 30 Local Business Days,
                an
                amount equal to the greatest of (a) zero, (b) the aggregate amount
                of the
                Next Payments and (c) the sum of the Secured Party’s Exposure and the
                aggregate of Moody’s Additional Collateralized Amounts for each
                Transaction.

            

    

     

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

     

    For
      the
      purposes of this definition, the “Moody’s Additional Collateralized
      Amount” with respect to any Transaction shall mean:

     

    if
      such
      Transaction is not a Transaction-Specific Hedge,

     

    the
      product of the applicable Moody’s Second Trigger Factor set forth in Table 2 and
      the Notional Amount for such Transaction for the Calculation Period which
      includes such Valuation Date; or

     

    if
      such
      Transaction is a Transaction-Specific Hedge,

     

    the
      product of the applicable Moody’s Second Trigger Factor set forth in Table 3 and
      the Notional Amount for such Transaction for the Calculation Period which
      includes such Valuation Date; or

     

    
      	
               

            	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

     

    
      	
               

            	
              (II)

            	
              the
                Threshold for Party A for such Valuation
                Date.

            

    

     

    “Moody’s
      Second Trigger Failure Condition” means that neither Party A nor
      any Eligible Guarantor of Party A under an Eligible Guarantee has credit ratings
      from Moody’s at least equal to the Moody’s Second Trigger Ratings
      Threshold.

     

    “Moody’s
      Second Trigger Value” means, on any date and with respect to any
      Eligible Collateral, the bid price obtained by the Valuation Agent multiplied
      by
      the Moody’s Second Trigger Valuation Percentage for such Eligible Collateral set
      forth in Paragraph l3(b)(ii).

     

    “Next
      Payment” means, in respect of each Transaction, the greater of (i)
      any payments due to be made by Party A under Section 2(a) on the Next Payment
      Date less any payments due to be made by Party B under Section 2(a) on the
      Next
      Payment Date (any such payments determined based on rates prevailing on such
      Valuation Date) and (ii) zero.

     

    “Next
      Payment Date” means, in respect of each Transaction, the date on
      which the next scheduled payment under such Transaction is due to be
      paid.

     

    “Pricing
      Sources” means the sources of financial information commonly known
      as Bloomberg, Bridge Information Services, Data Resources Inc., Interactive
      Data
      Services, International Securities Market Association, Merrill Lynch Securities
      Pricing Service, Muller Data Corporation, Reuters, Wood Gundy, Trepp Pricing,
      JJ
      Kenny, S&P and Telerate.

     

    “S&P
      Approved Ratings Credit Support Amount” means, only if Party A or
      an Eligible Guarantor of Party A under an Eligible Guarantee is a Financial
      Institution, for any Valuation Date, the excess, if any, of:

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

     

    
      	
               

            	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which (i) an S&P Approved Ratings Threshold
                Event has occurred and been continuing (x) for at least 10 Local
                Business
                Days or (y) since this Annex was executed and (ii) it is not the case that
                an S&P Required Ratings Threshold Event has occurred and been
                continuing for at least 10 Local Business Days, an amount equal to
                the
                Secured Party’s Exposure, or

            

    

     

    
      	
               

            	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

     

    
      	
               

            	
              (II)

            	
              the
                Threshold for Party A for such Valuation
                Date.

            

    

     

    “S&P
      Approved Ratings Threshold Event” means, only if Party A or an
      Eligible Guarantor of Party A under an Eligible Guarantee is a Financial
      Institution, that neither Party A nor any Eligible Guarantor of Party A under
      an
      Eligible Guarantee has credit ratings from S&P at least equal to the S&P
      Approved Ratings Threshold.

     

    “S&P
      Approved Ratings Value” means, on any date and with respect to any
      Eligible Collateral, the bid price obtained by the Valuation Agent multiplied
      by
      the S&P Approved Ratings Valuation Percentage for such Eligible Collateral
      set forth in paragraph 13(b)(ii).

     

    “S&P
      Required Ratings Credit Support Amount” means, for any Valuation
      Date, the excess, if any, of:

     

    
      	
               

            	
              (I)

            	
              (A)

            	
              for
                any Valuation Date on which an S&P Required Ratings Threshold Event
                has occurred and been continuing for at least 10 Local Business Days,
                an
                amount equal to 125% of the Secured Party’s Exposure,
                or

            

    

     

    
      	
               

            	
              (B)

            	
              for
                any other Valuation Date, zero,
                over

            

    

     

    
      	
               

            	
              (II)

            	
              the
                Threshold for Party A for such Valuation
                Date.

            

    

     

    “S&P
      Required Ratings Threshold Event” means that neither Party A nor
      any Eligible Guarantor of Party A under an Eligible Guarantee has credit ratings
      from S&P at least equal to the S&P Required Ratings
      Threshold.

     

    “S&P
      Required Ratings Value” means, on any date and with respect to any
      Eligible Collateral, the bid price obtained by the Valuation Agent multiplied
      by
      the S&P Required Ratings Valuation Percentage for such Eligible Collateral
      set forth in paragraph 13(b)(ii).

     

    “Transaction
      Exposure” means, for any Transaction, Exposure determined as if
      such Transaction were the only Transaction between the Secured Party and the
      Pledgor.

     

     

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

     

    
      “Transaction-Specific
        Hedge” means any Transaction that is (i) an interest rate cap,
        interest rate floor or interest rate swaption or (ii) any other Transaction
        in
        respect of which either (x) the Notional Amount for each Calculation Period
        of
        such Transaction is “balance guaranteed” or (y) the Notional Amount for each
        Calculation Period of such Transaction is not a specific dollar amount that
        is
        fixed at the inception of the Transaction,

    

     

    “Valuation
      Percentage” shall mean, for purposes of determining the S&P
      Approved Ratings Value, the S&P Required Ratings Value, the Moody’s First
      Trigger Value or the Moody’s Second Trigger Value with respect to any Eligible
      Collateral or Posted Collateral, the applicable S&P Approved Ratings
      Valuation Percentage, S&P Required Ratings Valuation Percentage, Moody’s
      First Trigger Valuation Percentage or Moody’s Second Trigger Valuation
      Percentage for such Eligible Collateral or Posted Collateral, respectively,
      in
      each case as set forth in Paragraph 13(b)(ii),

     

    “Value”
      shall mean, in respect of any date, the related S&P Approved Ratings Value,
      the related S&P Required Ratings Value, the related Moody’s First Trigger
      Value and the related Moody’s Second Trigger Value, as applicable.

     

    [Remainder
      of this page intentionally left blank]

     

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

     

    Table
      1

     

    Moody’s
      First Trigger Factor

     

    
      	
              Remaining

              Weighted
                Average Life

              of
                Hedge in Years

            	
              Daily

              Collateral

              Posting

            
	 	 
	
              1
                or less

            	
              0.15%

            
	
              More
                than 1 but not more than 2

            	
              0.30%

            
	
              More
                than 2 but not more than 3

            	
              0.40%

            
	
              More
                than 3 but not more than 4

            	
              0.60%

            
	
              More
                than 4 but not more than 5

            	
              0.70%

            
	
              More
                than 5 but not more than 6

            	
              0.80%

            
	
              More
                than 6 but not more than 7

            	
              1.00%

            
	
              More
                than 7 but not more than 8

            	
              1.10%

            
	
              More
                than 8 but not more than 9

            	
              1.20%

            
	
              More
                than 9 but not more than 10

            	
              1.30%

            
	
              More
                than 10 but not more than 11

            	
              1.40%

            
	
              More
                than 11 but not more than 12

            	
              1.50%

            
	
              More
                than 12 but not more than 13

            	
              1.60%

            
	
              More
                than 13 but not more than 14

            	
              1.70%

            
	
              More
                than 14 but not more than 15

            	
              1.80%

            
	
              More
                than 15 but not more than 16

            	
              1.90%

            
	
              More
                than 16 but not more than 17

            	
              2.00%

            
	
              More
                than 17 but not more than 18

            	
              2.00%

            
	
              More
                than 18 but not more than 19

            	
              2.00%

            
	
              More
                than 19 but not more than 20

            	
              2.00%

            
	
              More
                than 20 but not more than 21

            	
              2.00%

            
	
              More
                than 21 but not more than 22

            	
              2.00%

            
	
              More
                than 22 but not more than 23

            	
              2.00%

            
	
              More
                than 23 but not more than 24

            	
              2.00%

            
	
              More
                than 24 but not more than 25

            	
              2.00%

            
	
              More
                than 25 but not more than 26

            	
              2.00%

            
	
              More
                than 26 but not more than 27

            	
              2.00%

            
	
              More
                than 27 but not more than 28

            	
              2.00%

            
	
              More
                than 28 but not more than 29

            	
              2.00%

            
	
              More
                than 29

            	
              2.00%

            

    

    

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

     

    Table
      2

     

    Moody’s
      Second Trigger Factor for Interest Rate Swaps with Fixed Notional
      Amounts

     

    

    
      	
              Remaining

              Weighted
                Average Life

              of
                Hedge in Years

            	
              Daily

              Collateral

              Posting

            
	 	 
	
              1
                or less

            	
              0.50%

            
	
              More
                than 1 but not more than 2

            	
              1.00%

            
	
              More
                than 2 but not more than 3

            	
              1.50%

            
	
              More
                than 3 but not more than 4

            	
              1.90%

            
	
              More
                than 4 but not more than 5

            	
              2.40%

            
	
              More
                than 5 but not more than 6

            	
              2.80%

            
	
              More
                than 6 but not more than 7

            	
              3.20%

            
	
              More
                than 7 but not more than 8

            	
              3.60%

            
	
              More
                than 8 but not more than 9

            	
              4.00%

            
	
              More
                than 9 but not more than 10

            	
              4.40%

            
	
              More
                than 10 but not more than 11

            	
              4.70%

            
	
              More
                than 11 but not more than 12

            	
              5.00%

            
	
              More
                than 12 but not more than 13

            	
              5.40%

            
	
              More
                than 13 but not more than 14

            	
              5.70%

            
	
              More
                than 14 but not more than 15

            	
              6.00%

            
	
              More
                than l5 but not more than 16

            	
              6.30%

            
	
              More
                than 16 but not more than 17

            	
              6.60%

            
	
              More
                than 17 but not more than 18

            	
              6.90%

            
	
              More
                than 18 but not more than 19

            	
              7.20%

            
	
              More
                than 19 but not more than 20

            	
              7.50%

            
	
              More
                than 20 but not more than 21

            	
              7.80%

            
	
              More
                than 21 but not more than 22

            	
              8.00%

            
	
              More
                than 22 but not more than 23

            	
              8.00%

            
	
              More
                than 23 but not more than 24

            	
              8.00%

            
	
              More
                than 24 but not more than 25

            	
              8.00%

            
	
              More
                than 25 but not more than 26

            	
              8.00%

            
	
              More
                than 26 but not more than 27

            	
              8.00%

            
	
              More
                than 27 but not more than 28

            	
              8.00%

            
	
              More
                than 28 but not more than 29

            	
              8.00%

            
	
              More
                than 29

            	
              8.00%

            

    

    

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

    Table
      3

     

    Moody’s
      Second Trigger Factor for Transaction-Specific Hedges

     

    

    
      	
              Remaining

              Weighted
                Average Life

              of
                Hedge in Years

            	
              Daily

              Collateral

              Posting

            
	 	 
	
              1
                or less

            	
              0.65%

            
	
              More
                than 1 but not more than 2

            	
              1.30%

            
	
              More
                than 2 but not more than 3

            	
              1.90%

            
	
              More
                than 3 but not more than 4

            	
              2.50%

            
	
              More
                than 4 but not more than 5

            	
              3.10%

            
	
              More
                than 5 but not more than 6

            	
              3.60%

            
	
              More
                than 6 but not more than 7

            	
              4.20%

            
	
              More
                than 7 but not more than 8

            	
              4.70%

            
	
              More
                than 8 but not more than 9

            	
              5.20%

            
	
              More
                than 9 but not more than 10

            	
              5.70%

            
	
              More
                than 10 but not more than 11

            	
              6.10%

            
	
              More
                than 11 but not more than 12

            	
              6.50%

            
	
              More
                than 12 but not more than 13

            	
              7.00%

            
	
              More
                than 13 but not more than 14

            	
              7.40%

            
	
              More
                than 14 but not more than 15

            	
              7.80%

            
	
              More
                than 15 but not more than 16

            	
              8.20%

            
	
              More
                than 16 but not more than 17

            	
              8.60%

            
	
              More
                than 17 but not more than 18

            	
              9.00%

            
	
              More
                than 18 but not more than 19

            	
              9.40%

            
	
              More
                than 19 but not more than 20

            	
              9.70%

            
	
              More
                than 20 but not more than 21

            	
              10.00%

            
	
              More
                than 21 but not more than 22

            	
              10.00%

            
	
              More
                than 22 but not more than 23

            	
              10.00%

            
	
              More
                than 23 but not more than 24

            	
              10.00%

            
	
              More
                than 24 but not more than 25

            	
              10.00%

            
	
              More
                than 25 but not more than 26

            	
              10.00%

            
	
              More
                than 26 but not more than 27

            	
              10.00%

            
	
              More
                than 27 but not more than 28

            	
              10.00%

            
	
              More
                than 28 but not more than 29

            	
              10.00%

            
	
              More
                than 29

            	
              10.00%

            

    

     

    
      
        
        

      

      
        25

        
          

        

      

      
        
        

      

    

    
 

    IN
      WITNESS WHEREOF, the parties have executed this Annex by their duly authorized
      representatives as of the date of the Agreement.

     

    
      	
              LEHMAN
                BROTHERS

              SPECIAL
                FINANCING INC.

            	 	
              THE
                BANK OF NEW YORK,

              not
                in its individual or corporate capacity but solely as Swap Contract
                Administrator for Alternative Loan Trust
                2007-OH2

            
	 	 	 
	 	 	 
	
              By:

            	
              
                /s/
                  Allyson M. Carine

              

            	 	
              By:

            	 /s/
              Matthew Sabino
	 	
              Name:  Allyson
                M. Carine

            	 	 	
              Name  
                Matthew Sabino

            
	 	
              Title:  Authorized
                Signatory

            	 	 	
              Title:   
                Assistant Treasurer

            

    

     

     

    26

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00129-of-00352.parquet"}]]