Document:

Exhibit 10.1

 

November 12, 2004
 
Charles Carelli
EXACT Sciences Corporation
100 Campus Drive
Marlborough, MA  01752
 
EXECUTIVE AGREEMENT
 
Dear Charles:
 
This letter agreement (“Agreement”) will confirm the terms of severance payments due to you by EXACT Sciences Corporation (“EXACT” or the “Company”) in the event your employment is terminated pursuant to Section 1 herein.
 
1.   Subject to the conditions set forth below, you will be entitled to receive “Severance Payments” (as set forth below in Section 2) for a period of six (6) months (the “Severance Period”) following the occurrence of any one of the events set forth in (i), (ii) or (iii) below:
 
(i)  the termination of your employment for any reason other than Cause.  For purposes of this Agreement, “Cause” shall mean termination for any one of the following reasons: (i) your gross negligence in the performance of your duties as an employee and officer of the Company (as determined by a majority of the directors of the Company other than, if applicable, you) or (ii) criminal misconduct by you in connection with the performance of your duties as an employee and officer of the Company; or
 
(ii) you suffer a material diminution in job responsibility or a material reduction in compensation; or
 
(iii) the Company moves your place of employment more than 35 miles from the Company’s current office location in Marlborough, Massachusetts.
 
2. The Severance Payments will be equal to salary continuation at a rate equal to your base salary at the time of your termination of employment from EXACT. The Severance Payments will be paid in accordance with EXACT’s then existing payroll practices as such practices may be established or modified from time to time. The Severance Payments shall be subject to applicable federal, state and local withholding and payroll taxes. You will only be entitled to Severance Payments upon the occurrence of the events specified in Section 1 of this Agreement and all Severance Payments shall cease upon your obtaining full-time employment at any time during the Severance Period. You will not be entitled to any Severance Payments or other benefits if you voluntarily resign from EXACT or if your employment is terminated by EXACT for Cause.

 

 

3. Prior to, and as a condition of, receiving the Severance Payments set forth in this Agreement, you agree to sign a full and comprehensive release in a form and of a scope acceptable to the Company and you at the time of your termination of employment. EXACT shall have no obligation to pay you any Severance Payments unless and until it receives this release executed by you and all statutory waiting periods have expired.
 
4. If you materially breach your obligations under any Company agreement entered into between you and EXACT, the Company may immediately cease payment of all Severance Payments set forth in this Agreement. The cessation of any Severance Payments shall be in addition to, and not as an alternative to, any other remedies at law or in equity available to EXACT, including the right to seek specific performance or an injunction.
 
5. Nothing in this Agreement is intended, or shall be construed, to restrict or otherwise limit EXACT’s right to terminate your employment with or without Cause and with or without notice. This letter is not a guarantee of continued employment, it being understood you are and continue to be employed at-will.
 
6. In the event of a material breach by you of this agreement, EXACT shall be released from any obligations to make any Severance Payments under this Agreement, in addition to any and all of its remedies under law arising from such breach.
 
7. This Agreement sets forth the entire Agreement of the parties with respect to the subject matter hereof and may not be changed orally.
 
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

 

 

Please indicate your acceptance of this Agreement by signing the enclosed copy of this letter and returning it to me.
 
 

	 
	Very truly yours,

	 
	 

	 
	 

	 
	/s/ Don Hardison
	 

	 
	Don Hardison

	 
	Chief Executive Officer

	 
	 

	 
	 

	 
	/s/ Charles Carelli
	 

	 
	Name: Charles Carelli

	 
	Title: Corporate ControllerExhibit 4.5.1

 

(Face of Note)

 

THIS SECURITY MAY BE ISSUED WITH ORIGINAL ISSUE DISCOUNT FOR THE
PURPOSES OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.  HOLDERS THAT WISH TO OBTAIN INFORMATION ABOUT
THE ISSUE PRICE, AMOUNT OF ORIGINAL ISSUE DISCOUNT, ISSUE DATE AND YIELD TO
MATURITY OF THE INSTRUMENT FOR PURPOSES OF U.S. TAX LAW MAY DO SO BY
CONTACTING: DeCrane Aircraft Holdings, Inc., 2361 Rosecrans Avenue, Suite 180
El Segundo, California  90245, Attention:  Chief Financial Officer.

 

CUSIP 243662 AE3

 

17% Senior Discount Notes due 2008

 

	
  No. 1

  	
   

  	
  $127,771,000

  

 

DECRANE AIRCRAFT
HOLDINGS, INC. (THE “ISSUER”)

 

promises to pay to CEDE
& CO., or registered assigns, the principal sum of One Hundred and Twenty
Seven Million, Seven Hundred and Seventy-One Thousand Dollars ($127,771,000) on
September 30, 2008.

 

	
   

  	
  Dated: July 23,
  2004

  
	
   

  	
   

  
	
   

  	
  DECRANE AIRCRAFT
  HOLDINGS, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/  RICHARD J. KAPLAN

  	
   

  
	
   

  	
   

  	
  Name:  Richard J. Kaplan

  
	
   

  	
   

  	
  Title:  Chief Financial Officer

  

 

This
is one of the

Notes referred to in the

within-mentioned Indenture:

 

	
  U.S.
  BANK NATIONAL ASSOCIATION

  
	
  as
  Trustee

  
	
   

  
	
  By:

  	
  /S/  CAUNA M. SILVA

  	
   

  
	
   

  	
  Name:

  	
  Cauna M. Silva

  
	
   

  	
  Title:

  	
  Vice President

  
				

 

 

(Back of Note)

 

17% Senior
Discount Notes due 2008

 

THIS GLOBAL NOTE IS HELD BY THE DEPOSITARY (AS DEFINED IN THE INDENTURE
GOVERNING THIS NOTE) OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE
BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY
CIRCUMSTANCES EXCEPT THAT (I) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY
BE REQUIRED PURSUANT TO SECTION 2.07 OF THE INDENTURE, (II) THIS GLOBAL
NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a)
OF THE INDENTURE, (III) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR
CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND (IV) THIS
GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN
CONSENT OF DECRANE AIRCRAFT HOLDINGS, INC.

 

THIS NOTE (OR ITS PREDECESSOR) HAS NOT BEEN REGISTERED UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY,
MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED
STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS, EXCEPT AS SET
FORTH IN THE NEXT SENTENCE. BY ITS ACQUISITION HEREOF OR OF A BENEFICIAL
INTEREST HEREIN, THE HOLDER: (1) REPRESENTS THAT (A) IT IS A “QUALIFIED
INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) (A
“QIB”), (B) IT HAS ACQUIRED THIS NOTE IN AN OFFSHORE TRANSACTION IN COMPLIANCE
WITH REGULATION S UNDER THE SECURITIES ACT OR (C) IT IS AN INSTITUTIONAL
“ACCREDITED INVESTOR” (AS DEFINED IN RULE 501(A) (1), (2), (3) OR (7) OR
REGULATION D UNDER THE SECURITIES ACT (AN “IAI”), (2) AGREES THAT IT WILL NOT
RESELL OR OTHERWISE TRANSFER THIS NOTE EXCEPT (A) TO THE ISSUERS OR ANY OF ITS
SUBSIDIARIES, (B) TO A PERSON WHOM THE SELLER REASONABLY BELIEVES IS A QIB
PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QIB IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144A, (C) IN AN OFFSHORE TRANSACTION MEETING THE
REQUIREMENTS OF RULE 903 OR 904 OF THE SECURITIES ACT, (D) IN A TRANSACTION
MEETING THE REQUIREMENTS OF RULE 144 UNDER THE SECURITIES ACT, (E) TO AN IAI
THAT, PRIOR TO SUCH TRANSFER, FURNISHES THE TRUSTEE A SIGNED LETTER CONTAINING
CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE TRANSFER OF THIS NOTE
(THE FORM OF WHICH CAN BE OBTAINED FROM THE TRUSTEE) AND, IF SUCH TRANSFER IS
IN RESPECT OF AN AGGREGATE PRINCIPAL AMOUNT AT MATURITY OF NOTES LESS THAN
$250,000, AN OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS THAT SUCH TRANSFER IS
IN COMPLIANCE WITH THE SECURITIES ACT, (F) IN ACCORDANCE WITH ANOTHER EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN
OPINION OF COUNSEL ACCEPTABLE TO THE ISSUERS) OR (G) PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH THE APPLICABLE
SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE
JURISDICTION AND (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS
NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE SUBSTANTIALLY TO THE EFFECT
OF THIS LEGEND.  AS USED HEREIN, THE
TERMS “OFFSHORE TRANSACTION” AND “UNITED STATES” HAVE THE MEANINGS GIVEN TO
THEM BY RULE 902 OF REGULATION S UNDER THE SECURITIES ACT. THE INDENTURE
CONTAINS A PROVISION REQUIRING THE TRUSTEE TO REFUSE TO REGISTER ANY TRANSFER
OF THIS NOTE IN VIOLATION OF THE FOREGOING.

 

2

 

Capitalized terms
used herein shall have the meanings assigned to them in the Indenture referred
to below unless otherwise indicated.

 

1.                                       INTEREST.  No interest
shall accrue on this Note.  Instead, the
Accreted Value of the Note will accrete at a rate of 17% from the date of
issuance, compounded semiannually on each March 30 and September 30 (commencing
September 30, 2004), to an aggregate Accreted Value of $127,771,000, the
full principal amount at maturity, on September 30, 2008.  The Issuer shall pay interest (including
post-petition interest in any proceeding under any Bankruptcy Law) on overdue
principal and premium, if any, from time to time on demand at a rate of 18% per
annum.

 

2.                                       METHOD OF PAYMENT.  The Notes will be payable as to
principal, premium and interest on overdue principal, if any, at the office of
the Paying Agent and Registrar.  Holders
of Notes must surrender their Notes to the Paying Agent to collect principal
payments, and the Issuer may pay principal, premium and interest on overdue
principal, if any, by check and may mail checks to a Holder’s registered
address; provided that all payments with respect
to Global Notes and Definitive Notes, the Holders of which have given wire
transfer instructions to the Issuer, will be required to be made by wire
transfer of immediately available funds to the accounts specified by the Holders
thereof.  Such payment shall be in such
coin or currency of the United States of America as at the time of payment is
legal tender for payment of public and private debts.

 

3.                                       PAYING AGENT AND REGISTRAR. 
Initially, U.S. Bank National Association, the Trustee under the
Indenture, will act as Paying Agent and Registrar.  The Issuer may change any Paying Agent or
Registrar without notice to any Holder. 
The Issuer or any of its Subsidiaries may act in any such capacity.

 

4.                                       INDENTURE   The
Issuer issued the Notes under an Indenture dated as of July 23, 2004 (“Indenture”), among the Issuer, the Guarantors and the
Trustee.  The terms of the Notes include
those stated in the Indenture and those made part of the Indenture by reference
to the Trust Indenture Act of 1939, as amended (15 U.S.
Code §§ 77aaa-77bbbb).  The
Notes are subject to all such terms, and Holders are referred to the Indenture
and such Act for a statement of such terms. 
To the extent any provision of this Note conflicts with the express provisions
of the Indenture, the provisions of the Indenture shall govern and be
controlling.  The Notes are obligations
of the Issuer initially limited to $127,771,000 in aggregate principal amount
at maturity.  Subject to limits in the
Indenture, the Issuer may issue Additional Notes constituting the same series
as the Initial Notes.

 

5.                                       OPTIONAL REDEMPTION.

 

Prior to
September 30, 2004, the Notes may be redeemed at any time at the option of
the Issuer, in whole or in part, upon not less than 30 nor more than 60 days’
notice, in cash at a redemption price equal to 106% of Accreted Value.  Thereafter, the Notes will be subject to
redemption at any time at the option of the Issuer, in whole or in part, upon
not less than 30 nor more than 60 days’ notice, in cash at the redemption
prices (expressed as percentages of Accreted Value) set forth below, if
redeemed during the twelve month period beginning on September 30 of the
years indicated below, to the applicable redemption date:

 

	
  Year

  	
   

  	
  Percentage

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  2004

  	
   

  	
  104.000

  	
  %

  
	
   

  	
   

  	
   

  	
   

  
	
  2005

  	
   

  	
  102.000

  	
  %

  
	
   

  	
   

  	
   

  	
   

  
	
  2006
  and thereafter

  	
   

  	
  100.000

  	
  %

  

 

3

 

6.                                       MANDATORY REDEMPTION.

 

Except as set
forth in paragraph 7 below, the Issuer is not required to make mandatory
redemption of, or sinking fund payments with respect to, the Notes.

 

7.                                       REPURCHASE AT OPTION OF HOLDER.

 

(a)                                  Upon
the occurrence of a Change of Control (such date being the ‘‘Change of
Control Payment’’), each Holder of Notes shall have the right to
require the Issuer to purchase all or any part (equal to $1,000 or an integral
multiple thereof) of such Holder’s Notes pursuant to an offer at an offer price
in cash equal to 101% of the aggregate Accreted Value thereof.  Within 60 days following any Change of
Control, subject to the provisions of the Indenture, the Issuer shall mail a
notice to each Holder of Notes at such Holder’s registered address setting
forth the procedures governing the offer as required by the Indenture.

 

(b)                                 When
the aggregate amount of Excess Proceeds exceeds $10.0 million, the Issuer will
be required to make an offer to all Holders of Notes to purchase the maximum
principal amount of Notes that may be purchased out of Excess Proceeds, at an
offer price in cash in an amount equal to 100% of the Accreted Value thereof in
accordance with the procedures set forth in the Indenture.  Holders of Notes that are subject to an offer
to purchase will receive an Asset Sale Offer from the Issuer prior to any
related purchase date and may elect to have such Notes purchased by completing
the form entitled “Option of Holder to Elect Purchase” on the reverse side of
this Note.

 

8.                                       NOTICE OF REDEMPTION.  
Notice of any redemption or offer to purchase will be mailed at least 30
days but not more than 60 days before the redemption or purchase date to each
Holder of Notes to be redeemed or purchased at such Holder’s registered
address.  Notes in denominations larger
than $1,000 principal amount at maturity may be redeemed in part but only in
whole multiples of $1,000 principal amount at maturity, unless all of the Notes
held by a Holder are to be redeemed.

 

9.                                       DENOMINATIONS, TRANSFER, EXCHANGE.  The Notes are in
registered form without coupons in denominations of $1,000 principal amount at
maturity and integral multiples thereof.  The transfer of Notes may be
registered and Notes may be exchanged as provided in the Indenture.  The
Registrar and the Trustee may require a Holder, among other things, to furnish
appropriate endorsements and transfer documents and the Issuer may require a
Holder to pay any taxes and fees required by law or permitted by the
Indenture.  The Issuer need not exchange or register the transfer of any
Note or portion of a Note selected for redemption, except for the unredeemed
portion of any Note being redeemed in part.  Also, the Issuer need not
exchange or register the transfer of any Notes for a period of 15 days before a
selection of Notes to be redeemed.

 

10.                                 PERSONS DEEMED OWNERS. 
The registered Holder of a Note may be treated as its owner for all
purposes.

 

11.                                 AMENDMENT, SUPPLEMENT AND WAIVER. Subject to certain
exceptions set forth in the Indenture, the Indenture, the Note Guarantees or
the Notes may be amended or supplemented with the consent of the Holders of at
least a majority in principal amount at maturity of the Notes then outstanding
(including, without limitation, consents obtained in connection with a purchase
of, or tender offer or exchange offer for, Notes), and any existing default or
compliance with any provision of the Indenture or the Notes may be waived with
the consent of the Holders of a majority in principal amount at maturity of the
then outstanding Notes (including, without limitation, consents obtained in
connection with a purchase of, or tender offer or exchange offer for, Notes).  Notwithstanding the foregoing, without the
consent of any Holder of Notes, the Issuer, the Guarantors and the Trustee may
amend or supplement the

 

4

 

Indenture, the Note Guarantees or the Notes to cure any ambiguity,
defect or inconsistency, to provide for uncertificated Notes in addition to or
in place of certificated Notes, to provide for the assumption of the Issuer’s
obligations to Holders of Notes in the case of a merger or consolidation or
sale of all or substantially all of the Issuer’s assets, to make any change
that would provide any additional rights or benefits to the Holders of Notes or
that does not materially adversely affect the legal rights under the Indenture
of any such Holder, or to comply with requirements of the Commission in order
to effect or maintain the qualification of the Indenture under the Trust
Indenture Act or to provide for additional Note Guarantees of the Notes.

 

12.                                 DEFAULTS AND REMEDIES.

 

(a) Events of
Default include: (a) default in payment
when due of the principal of or premium, if any, on the Notes; (b) failure by
the Issuer or any of its Restricted Subsidiaries for 30 days after receipt of
notice from the Trustee or Holders of at least 25% in principal amount at
maturity of the Notes then outstanding to comply with the provisions of
Sections 4.07, 4.09, 4.10, 4.14 and Article 5 of the Indenture; (c)
failure by the Issuer for 60 days after notice from the Trustee or the Holders
of at least 25% in principal amount at maturity of the Notes then outstanding
to comply with any of their other agreements in the Indenture or the Notes; (d)
default under any mortgage, indenture or instrument under which there may be
issued or by which there may be secured or evidenced any Indebtedness for money
borrowed by the Issuer or any of its Restricted Subsidiaries (or the payment of
which is guaranteed by the Issuer or any of its Restricted Subsidiaries),
whether such Indebtedness or guarantee now exists, or is created after the date
of the Indenture, which default (i) is caused by a failure to pay Indebtedness
at its stated final maturity (after giving effect to any applicable grace
period provided in such Indebtedness) (a “Payment Default”) or (ii) results in
the acceleration of such Indebtedness prior to its stated final maturity and,
in each case, the principal amount of any such Indebtedness, together with the
principal amount of any other such Indebtedness under which there has been a
Payment Default or the maturity of which has been so accelerated, aggregates
$10.0 million or more; (e) failure by the Issuer or any of its Restricted
Subsidiaries to pay final judgments aggregating in excess of $10.0 million (net
of any amounts with respect to which a reputable and creditworthy insurance company
has acknowledged liability in writing), which judgments are not paid,
discharged or stayed for a period of 60 days; (f) except as permitted by the
Indenture, any Note Guarantee shall be held in any judicial proceeding to be
unenforceable or invalid or shall cease for any reason to be in full force and
effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall
deny or disaffirm its obligations under its Note Guarantee; and (g) certain
events of bankruptcy or insolvency with respect to the Issuer or any of its
Restricted Subsidiaries that is a Significant Subsidiary.  If any Event of Default occurs and is
continuing, the Trustee or the Holders of at least 25% in principal amount of
the then outstanding Notes may declare all the Notes to be due and payable
immediately.  Notwithstanding the
foregoing, in the case of an Event of Default arising from certain events of
bankruptcy or insolvency with respect to the Issuer or any of its Restricted
Subsidiaries that is a Significant Subsidiary, all outstanding Notes will
become due and payable without further action or notice.

 

(b) In the event
of a declaration of acceleration of the Notes because an Event of Default has
occurred and is continuing as a result of the acceleration of any Indebtedness
described in clause (d) of the preceding paragraph, the declaration of
acceleration of the Notes shall be automatically annulled if the holders of any
Indebtedness described in clause (d) have rescinded the declaration of
acceleration in respect of such Indebtedness within 30 days of the date of such
declaration and if (i) the annulment of the acceleration of the Notes would not
conflict with any judgment or decree of a court of competent jurisdiction and
(ii) all existing Events of Default, except non-payment of principal or
interest on the Notes that became due solely because of the acceleration of the
Notes, have been cured or waived.

 

5

 

13.                                 NOTE GUARANTEES. The payment of principal of, premium, and
interest and Liquidated Damages, if any, on the Notes are unconditionally
guaranteed, jointly and severally, by the Guarantors.

 

14.                                 ADDITIONAL RIGHTS OF HOLDERS OF RESTRICTED GLOBAL NOTES.  In addition to the rights provided to Holders
of Notes under the Indenture, Holders of Restricted Global Notes shall have the
rights set forth in the Registration Rights Agreement dated as of July 23,
2004, among the Issuer, the Guarantors and the parties named on the signature
pages thereof  (the “Registration
Rights Agreement”).

 

15.                                 TRUSTEE DEALINGS WITH ISSUER.  The Trustee, in its individual or any other
capacity, may make loans to, accept deposits from, and perform services for the
Issuer or its Affiliates, and may otherwise deal with Issuer or its Affiliates,
as if it were not the Trustee.

 

16.                                 NO RECOURSE AGAINST OTHERS.  A director, officer,
employee, incorporator or stockholder, of the Issuer, as such, shall not have
any liability for any obligations of the Issuer under the Notes or the
Indenture or for any claim based on, in respect of, or by reason of, such
obligations or their creation.  Each
Holder by accepting a Note waives and releases all such liability.  The
waiver and release are part of the consideration for the issuance of the Notes.

 

17.                                 AUTHENTICATION.  This Note shall not be valid until
authenticated by the manual signature of the Trustee or an authenticating
agent.

 

18.                                 ABBREVIATIONS.  Customary abbreviations may be used in
the name of a Holder or an assignee, such as:  TEN COM (= tenants in
common), TEN ENT (= tenants by the entireties), JT TEN (= joint tenants with
right of survivorship and not as tenants in common), CUST (= Custodian), and
U/G/M/A (= Uniform Gifts to Minors Act).

 

19.                                 CUSIP NUMBERS. 
Pursuant to a recommendation promulgated by the Committee on Uniform
Security Identification Procedures, the Issuer has caused CUSIP numbers to be
printed on the Notes and the Trustee may use CUSIP numbers in notices of
redemption as a convenience to Holders. 
No representation is made as to the accuracy of such numbers either as
printed on the Notes or as contained in any notice of redemption and reliance
may be placed only on the other identification numbers placed thereon.

 

The Issuer will
furnish to any Holder upon written request and without charge a copy of the
Indenture and/or the Registration Rights Agreement.  Requests may be made to:

 

DeCrane Aircraft
Holdings, Inc.

2361 Rosecrans Avenue, Suite 180

El Segundo, California  90245

Attention: Chief Financial Officer

 

6

 

ASSIGNMENT FORM

 

To assign this Note, fill
in the form below: (I) or (we) assign and transfer this Note to

 

	
   

  
	
  (Insert
  assignee’s soc. sec. or tax I.D. no.)

  
	
   

  
	
   

  
	
   

  
	
  (Print or type
  assignee’s name, address and zip code)

  
	
   

  
	
  and
  irrevocably appoint

  
	
  to
  transfer this Note on the books of the Issuer.  The agent may substitute
  another to act for him.

  
	
   

  
	
   

  
	
  Date:

  	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Your Signature:

  	
   

  	
   

  
	
   

  	
   

  	
   (Sign exactly as your name

  
	
   

  	
   

  	
  appears on the face of
  this Note)

  
	
   

  	
   

  
	
   

  	
  Signature Guarantee:

  
								

 

7

 

OPTION OF HOLDER TO ELECT PURCHASE

 

If you want to
elect to have this Note purchased by the Issuer pursuant to Section 4.10
or 4.14 of the Indenture, check the box below:

 

o
Section 4.10                                                           o
Section 4.14

 

If you want to elect
to have only part of the Note purchased by the Issuer pursuant to
Section 4.10 or Section 4.14 of the Indenture, state the principal
amount at maturity you elect to have purchased:
$           

 

 

	
  Date:

  	
   

  	
   

  	
  Your Signature:

  	
   

  	
   

  
	
   

  	
  (Sign
  exactly as your name appears on the Note)

  
	
   

  	
   

  
	
   

  	
  Tax Identification No:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Signature Guarantee:

  
								

 

8

 

SCHEDULE OF EXCHANGES OF INTERESTS IN THE
GLOBAL NOTE

 

The following
exchanges of a part of this Global Note for an interest in another Global Note
or for a Definitive Note, or exchanges of a part of another Global Note or
Definitive Note for an interest in this Global Note, have been made:

 

	
  Date of Exchange

  	
   

  	
  Amount of decrease

  in

  Principal Amount

  of this

  Global Note

  	
   

  	
  Amount of

  increase in

  Principal

  Amount of this

  Global Note

  	
   

  	
  Principal Amount

  of this Global Note

  following such

  decrease (or increase)

  	
   

  	
  Signature of

  authorized officer

  of Trustee or

  Note Custodian

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00074-of-00352.parquet"}]]