Document:

exhibit10_3.htm

    SECOND
      AMENDMENT TO AMENDED AND RESTATED

    PRIVATE
      LABEL CONSUMER CREDIT CARD PROGRAM AGREEMENT

     

    This
      SECOND AMENDMENT TO AMENDED AND RESTATED PRIVATE LABEL CONSUMER CREDIT CARD
      PROGRAM AGREEMENT (this “Amendment”), which shall be effective as of the
      1st day of February, 2008, is entered into by and between GE Money Bank
      (“Bank”), Select Comfort Corporation (“Select Comfort”), and
      Select Comfort Retail Corporation (“SCRC”, and collectively with Select
      Comfort, “Retailer”), and amends that certain Amended and Restated
      Private Label Consumer Credit Card Program Agreement dated as of December 14,
      2005 by and between Bank and Retailer (as amended by that certain First
      Amendment To Amended And Restated Private Label Consumer Credit Card Program
      Agreement, dated as of April 23, 2007, the
“Agreement”).  Capitalized terms used in this Amendment and not
      otherwise defined herein shall have the meanings set forth in the
      Agreement.

     

    RECITALS

    

    WHEREAS,
      the parties wish to amend the certain provisions of the financial covenants
      set
      forth in the Agreement, as further described herein.

     

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

     

    I.           AMENDMENT

    

    (a)           Amendment
      to Schedule 6.7.  Schedule 6.7 of the Agreement is hereby
      deleted in its entirety and replaced with the revised Schedule 6.7 attached
      hereto as Exhibit A.

    

    II.           LIMITED
      WAIVER

    

    (a)           Limited
      Waiver.  Subject to the terms and conditions herein, Bank
      hereby waives the requirement that Retailer comply, for the fiscal quarter
      of
      Retailer ending on December 29, 2007, with the “Minimum Interest Coverage Ratio”
financial covenant as set forth in Schedule 6.7 of the Agreement prior to the
      date of this Amendment.

    

    III.           MISCELLANEOUS

    

    (a)           Authority
      for Amendment; Effective Date.  The execution, delivery and
      performance of this Amendment have been duly authorized by all requisite
      corporate action on the part of Retailer and Bank and upon execution by all
      parties, will constitute a legal, binding obligation thereof.

     

    (b)           Effect
      of Amendment. Except as specifically amended hereby, the
      Agreement, and all terms contained therein, remains in full force and
      effect.  The Agreement, as amended by this Amendment, constitutes the
      entire understanding of the parties with respect to the subject matter
      hereof.

     

     

     

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (c)           Binding
      Effect; Severability.  Each reference herein to a party
      hereto shall be deemed to include its successors and assigns, all of whom shall
      be bound by this Amendment and in whose favor the provisions of this Amendment
      shall inure.  In case any one or more of the provisions contained in
      this Amendment shall be invalid, illegal or unenforceable in any respect, the
      validity, legality and enforceability of the remaining provisions contained
      herein shall not in any way be affected or impaired thereby.

     

    (d)           Further
      Assurances.  The parties hereto agree to execute such other
      documents and instruments and to do such other and further things as may be
      necessary or desirable for the execution and implementation of this Amendment
      and the consummation of the transactions contemplated hereby.

     

    (e)           Governing
      Law. This Amendment shall be governed by and construed in accordance
      with the laws of the State of Utah.

     

    (f)           Counterparts.  This
      Amendment may be executed in counterparts, each of which shall constitute an
      original, but all of which, when taken together, shall constitute but one
      agreement.

     

    [signatures
      on following page]

     

     

     

     

     

     

    
      
        2

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      Retailer and Bank have caused this Agreement to be executed by their respective
      officers thereunto duly authorized as of the date first above
      written.

     

    

     

    
      	
              SELECT
                COMFORT CORPORATION

              By: 
                /s/ James L.
                Stoffel                                                                 

                   Name: 
                James L. Stoffel

                   Title: 
                VP - Treasurer

               

            	
              GE
                MONEY BANK

              By: 
                /s/ William
                Ellingwood                                                                  

                   Name: 
                William Ellingwood

                   Title: 
                SVP

            
	
              SELECT
                COMFORT RETAIL CORPORATION

              By: 
                /s/ James L.
                Stoffel                                                                 

                   Name: 
                James L. Stoffel

                   Title: 
                VP - Treasurer

               

            	 

    

    

     

     

     

     

     

    
 

    
      
        3

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      1

    TO
      SECOND AMENDMENT

    

    SCHEDULE 6.7

    To

    Credit
      Card Program Agreement

    

    Financial
      Covenants

    

    (1) 
      MAXIMUM LEVERAGE RATIO. Retailer shall not, as of the
      end of any fiscal quarter of Retailer, allow the Leverage Ratio (as defined
      below) to be equal to or greater than 3.0:1.

    

    (2) 
      MINIMUM INTEREST COVERAGE RATIO. Retailer shall not,
      as of the end of any fiscal quarter of Retailer as set forth below, allow the
      Interest Coverage Ratio (as defined below) to be less than the applicable ratio
      set forth below:

    

    
      	
              Fiscal
                Quarter

              Ending
                On or About

               

            	
              Interest

              Coverage
                Ratio

            
	
              March
                31, 2008

               

            	
              1.75
                to 1.00

            
	
              June
                30, 2008

               

            	
              1.75
                to 1.00

            
	
              September
                30, 2008

               

            	
              1.75
                to 1.00

            
	
              December
                31, 2008

               

            	
              1.75
                to 1.00

            
	
              March
                31, 2009

               

            	
              1.75
                to 1.00

            
	
              June
                30, 2009

               

            	
              1.75
                to 1.00

            
	
              September
                30, 2009

               

            	
              2.00
                to 1.00

            
	
              December
                31, 2009

               

            	
              2.00
                to 1.00

            
	
              March
                31, 2010

               

            	
              2.25
                to 1.00

            
	
              June
                30, 2010

               

            	
              2.25
                to 1.00

            
	
              September
                30, 2010

               

            	
              2.50
                to 1.00

            
	
              December
                31, 2010

               

            	
              2.50
                to 1.00

            
	
              March
                31, 2011 and each fiscal quarter ending thereafter

            	
              2.75
                to 1.00"

            

    

    

    

    (3)  DEFINED
      TERMS.  The definitions of Leverage Ratio and Interest
      Coverage Ratio set forth below are taken from that certain Credit Agreement,
      dated as of June 9, 2006 by and among JP Morgan Chase Bank, National Association
      (as administrative agent), Bank of America, N.A. (as syndication agent) and
      the
      other lenders from time to time party thereto, on the one hand, and Select
      Comfort Corporation and those of its subsidiaries listed as borrowers
      thereunder, on the other (as amended by that certain Amendment No. 1 to Credit
      Agreement, dated as of June 28, 2007, and by that certain Amendment No. 2 to
      Credit Agreement, dated as of February 1, 2008 (the “Effective Date”),
      the “Credit Agreement”).  Capitalized terms used in the
      following definitions, as well as all additional imbedded defined terms
      contained in such capitalized terms (and any further imbedded defined terms),
      shall be given the meanings set forth in the Credit Agreement as of the
      Effective Date, without giving effect to any subsequent amendments, deletions,
      alterations or waivers of any such terms.

     

    
 

    
      
        4

      

      
        
        

        
          

        

      

      
        
        

      

    

    “Interest
      Coverage Ratio” means, as of the end of any fiscal quarter of Retailer, the
      ratio of (a) EBITDAR to (b) the sum of Total Interest Expense plus Rentals,
      in
      each case, for the period of four fiscal quarters then ended, computed on a
      consolidated basis for Retailer and its subsidiaries.

    

    “Leverage
      Ratio” means, at any time, the ratio of Total Debt at such time to EBITDA
      for the most recently completed four fiscal quarters of Retailer, computed
      on a
      consolidated basis for Retailer and its subsidiaries.

     

     

     

     

     

    
 

    
      
        5termsdoc08-a1.htm

     

     

     

    Exhibit
      4.1

     

    CITIBANK
      CREDIT CARD ISSUANCE TRUST

    

    Citiseries

    Class
      2008-A1 Notes

    

    Issuer
      Certificate

    Pursuant
      to Sections 202 and 301(h) of the Indenture

    

    Reference
      is made to the Indenture, dated as of September 26, 2000, as amended by
      Amendment No. 1 thereto dated as of November 14, 2001, each between Citibank
      Credit Card Issuance Trust (the "Issuer") and Deutsche Bank Trust Company
      Americas, as trustee (the "Indenture").  Capitalized terms used herein
      that are not otherwise defined have the meanings set forth in the Indenture.
      All
      references herein to designated Sections are to the designated Sections of
      the
      Indenture.

    

    Section
      301(h) provides that the Issuer may from time to time create a tranche of Notes
      either by or pursuant to an Issuer Certificate setting forth the principal
      terms
      thereof.  Pursuant to this Issuer Certificate, there is hereby created
      a tranche of Notes having the following terms:

    

    Series
      Designation:  Citiseries.  This series is included
      in Group 1.

    

    Tranche
      Designation:  $900,000,000  5.35% Class 2008-A1
      Notes of February 2018 (Legal Maturity Date February 2020) (hereinafter, the
      "Class 2008-A1 Notes")

    

    Currency:  The
      Class 2008-A1 Notes will be payable, and denominated, in Dollars.

    

    Denominations:  The
      Class 2008-A1 Notes will be issuable in minimum denominations of $100,000 and
      multiples of $1,000 in excess of that amount.

    

    Issuance
      Date:  February 7, 2008

    

    Initial
      Principal Amount:  $900,000,000

    

    Issue
      Price:  99.526%

    

    Interest
      Rate:  5.35% per annum, calculated on the basis of a 360-day
      year of twelve 30-day months.

    

    Scheduled
      Interest Payment Dates:  The 7th day of each February and
      August, beginning August 2008.

    

    Each
      payment of interest on the Class 2008-A1 Notes will include all interest accrued
      from and including the preceding Interest Payment Date -- or, for the first
      interest period, from and including the Issuance Date -- to and including the
      day preceding the current Interest Payment Date, plus any interest accrued
      but
      not previously paid.

    

    The
      first
      deposit targeted to be made to the Interest Funding sub-Account for the Class
      2008-A1 Notes will be on the March 6, 2008 Interest Deposit Date and in an
      amount equal to $4,012,500.00.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Expected
      Principal Payment Date:  February 7, 2018

    

    Legal
      Maturity Date:  February 7, 2020

    

    Monthly
      Principal Date:  For the month in which the Expected
      Principal Payment Date occurs, February 7, 2018, and for each other month,
      the
      7th day of such month, or if such day is not a Business Day, the next following
      Business Day.

    

    Required
      Subordinated Amount of Class B
      Notes:  $53,846,190.

    

    Required
      Subordinated Amount of Class C
      Notes:  $71,794,890.

    

    Controlled
      Accumulation Amount:  $75,000,000.

    

    Form
      of Notes:  The Class 2008-A1 Notes will be issued as Global
      Notes.  The Global Notes will initially be registered in the name of
      Cede & Co., as nominee of The Depository Trust Company, and will be
      exchangeable for individual Notes only in accordance with the provisions of
      Section 204(c).

    

    Additional
      Issuances of Class 2008-A1 Notes:  The Issuer may at any time
      and from time to time issue additional Class 2008-A1 Notes, subject to the
      satisfaction of (i) the conditions precedent set forth in Section 311(a) and
      (ii) the following conditions:

    

    
      	
               

            	
              (a)
                the Issuer has obtained written confirmation from each Rating Agency
                that
                there will be no Ratings Effect with respect to the then outstanding
                Class
                2008-A1 Notes as a result of the issuance of such additional Class
                2008-A1
                Notes;

            

    

    

    
      	
               

            	
              (b)
                as of the date of issuance of the additional Class 2008-A1 Notes,
                all
                amounts due and owing to the Holders of the then outstanding Class
                2008-A1
                Notes have been paid and there is no Nominal Liquidation Amount Deficit
                with respect to the then outstanding Class 2008-A1
                Notes;

            

    

    

    
      	
               

            	
              (c)
                the additional Class 2008-A1 Notes will be fungible with the original
                Class 2008-A1 Notes for federal income tax
                purposes;

            

    

    

    
      	
               

            	
              (d)
                if Holders of the then outstanding Class 2008-A1 Notes have benefit
                of a
                Derivative Agreement, the Issuer will have obtained a Derivative
                Agreement
                for the benefit of the Holders of the additional Class 2008-A1 Notes;
                and

            

    

    

    
      	
               

            	
              (e)
                the ratio of the Controlled Accumulation Amount to the Initial Dollar
                Principal Amount of the Class 2008-A1 Notes, including the additional
                Class 2008-A1 Notes, will be equal to the ratio of the Controlled
                Accumulation Amount (before giving effect to the additional issuance)
                to
                the Initial Dollar Principal Amount of the Class 2008-A1 Notes, excluding
                the additional Class 2008-A1 Notes.

            

    

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    As
      of the
      date of issuance of additional Class 2008-A1 Notes, the Outstanding Dollar
      Principal Amount and Nominal Liquidation Amount of the Class 2008-A1 Notes
      will
      be increased to reflect the Initial Dollar Principal Amount of the additional
      Class 2008-A1 Notes.

    

    Any
      outstanding Class 2008-A1 Notes and any additional Class 2008-A1 Notes will
      be
      equally and ratably entitled to the benefits of the Indenture without
      preference, priority or distinction.

    

    Optional
      Redemption Provisions other than Section 1202 "Clean-Up
      Call":  None

    

    Additional
      Early Redemption Events or changes to Early Redemption
      Events:  None

    

    Additional
      Events of Default or changes to Events of
      Default:  None

    

    Business
      Day: means any day other than (a) a Saturday or Sunday or (b) any other
      day on which national banking associations or state banking institutions in
      New
      York, New York or South Dakota, or any other state in which the principal
      executive offices of any Additional Seller are located, are authorized or
      obligated by law, executive order or governmental decree to be
      closed.

    

    Securities
      Exchange Listing:  Application will be made to list the Class
      2008-A1 Notes on the Irish Stock Exchange.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    The
      Class
      2008-A1 Notes shall have such other terms as are set forth in the form of Note
      attached hereto as Exhibit A.  Pursuant to Section 202, the form of
      Note attached hereto has been approved by the Issuer.

    

    

    
      	 	
              CITIBANK
                CREDIT CARD ISSUANCE TRUST

            
	 	
              By        Citibank
                (South Dakota), National Association,

            
	 	
              as
                Managing
                Beneficiary

            
	 	 
	 	 
	 	 
	 	
              /s/
                Douglas C.
                Morrison

                      ___________________________

            
	 	
              Douglas
                C.
                Morrison

            
	 	
              Vice
                President

            

    

    

    Dated:  February
      7, 2008

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    Citiseries

     

    Class
      2008-A1 Notes

    

    Reference
      is made to the resolutions adopted by the Board of Directors of Citibank (South
      Dakota), National Association ("Citibank (South Dakota)") on April 26, 2000,
      as
      amended on September 25, 2001 and October 25, 2006. The resolutions authorize
      Citibank (South Dakota) from time to time to issue and sell, or to arrange
      for
      or participate in the issuance and sale of, one or more series and/or classes
      of
      pass-through certificates, participation certificates, commercial paper, notes
      or other securities representing ownership interests in, or backed by, pools
      of
      credit card receivables or interests therein ("Receivables") in an aggregate
      principal amount such that up to $125,000,000,000 of such certificates,
      commercial paper, notes or securities are outstanding at any one time and to
      sell, transfer, convey or assign Receivables to trusts or other special purpose
      entities in connection therewith on such terms as to be determined by the
      Citibank (South Dakota) Pricing and Loan Committee (the "Pricing and Loan
      Committee").

    

    The
      undersigned, a duly authorized member of the Pricing and Loan Committee, on
      behalf of such Pricing and Loan Committee, does hereby certify that the terms
      of
      the tranche of Notes set forth in and to be created by the preceding Issuer
      Certificate and the increase in the Invested Amount of the Collateral
      Certificate resulting from the issuance of such Notes have been approved by
      such
      Pricing and Loan Committee. In addition, the following underwriting/selling
      agent terms with respect to this tranche of Notes have been approved by such
      Pricing and Loan Committee:

    

    Issue
      Price:  99.526%

    

    Underwriting
      Commission:  0.375%

    

    Proceeds
      to Issuer:  99.151%

    

    Representative
      of the Underwriters:  Citigroup Global Markets Inc.

    

    

    The
      preceding Issuer Certificate and this certification of Pricing and Loan
      Committee approval shall be, continuously from the time of their execution,
      official records of Citibank (South Dakota).

    

    

    

    
      	
              /s/
                Douglas C. Morrison 

              _____________________________

            
	
              Douglas
                C. Morrison

            
	
              Member
                of the Pricing and Loan Committee

            
	
              Citibank
                (South Dakota), National
                Association

            

    

    

    

    Dated:  February
      7, 2008

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    Exhibit
      A

    

    FORM
      OF

    

    CITISERIES

    

    5.35%
      CLASS 2008-A1 NOTES OF FEBRUARY 2018

    (Legal
      Maturity Date February 2020)

    

    

    
      	
              $___,000,000

            	 	
              REGISTERED

            
	
              CUSIP
                No. 17305E EE 1

            	 	
              No.
                R-__

            

    

    

    UNLESS
      THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
      COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS AGENT FOR
      REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED
      IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
      AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR
      TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC),
      ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY
      PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
      AN INTEREST HEREIN.

    

    THE
      PRINCIPAL OF THIS NOTE IS PAYABLE AS SET FORTH HEREIN AND IN THE INDENTURE
      REFERRED TO BELOW. ACCORDINGLY, THE OUTSTANDING PRINCIPAL AMOUNT OF THIS NOTE
      AT
      ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF.

    

    

    CITIBANK
      CREDIT CARD ISSUANCE TRUST

    

    CITISERIES

    

    5.35%
      CLASS 2008-A1 NOTES OF FEBRUARY 2018

    (Legal
      Maturity Date February 2020)

    

    

    CITIBANK
      CREDIT CARD ISSUANCE TRUST, a trust formed and existing under the laws of the
      State of Delaware (including any successor, the "Issuer"), for value received,
      hereby promises to pay to CEDE & CO., or its registered assigns, the
      principal amount of ________ HUNDRED MILLION DOLLARS
      ($___,000,000).  The Expected Principal Payment Date for this Note is
      February 7, 2018.  The Legal Maturity Date for this Note is February
      7, 2020.

    

    The
      Issuer hereby promises to pay interest on this Note at the rate of 5.35% per
      annum on the 7th day of each February and August, beginning August 2008, until
      the principal of this Note is paid or made available for payment, subject to
      certain limitations set forth in the Indenture.  Interest will accrue
      on the principal amount of this Note outstanding on the preceding Interest
      Payment Date (after giving effect to any payments of principal made on the
      preceding Interest Payment Date), or with respect to the first Interest Payment
      Date, the initial principal amount of this Note. Interest will accrue from
      February 7, 2008 and be computed on the basis of a 360-day year of twelve 30-day
      months.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    If
      any
      Interest Payment Date or Principal Payment Date of this Note falls on a day
      that
      is not a Business Day, the required payment of interest or principal will be
      made on the following Business Day.

    

    This
      Note
      is one of the Citiseries, Class 2008-A1 Notes issued pursuant to the Indenture,
      dated as of September 26, 2000 (as amended and otherwise modified from time
      to
      time, the "Indenture") between the Issuer and Deutsche Bank Trust Company
      Americas, as Trustee. For purposes of this Note, the term "Indenture" includes
      any supplemental indenture or Issuer Certificate relating to the Citiseries,
      Class 2008-A1 Notes. This Note is subject to all of the terms of the Indenture.
      All terms used in this Note that are not otherwise defined herein and that
      are
      defined in the Indenture will have the meanings assigned to them
      therein.

    

    The
      principal of and interest on this Note are payable in such coin or currency
      of
      the United States of America as at the time of payment is legal tender for
      payment of public and private debts.

    

    Each
      Holder by acceptance of this Note, and each owner of a beneficial interest
      in
      this Note by acceptance of a beneficial interest in this Note, is deemed to
      have
      consented to such amendments to the Pooling and Servicing Agreement and other
      operative documents as are necessary to permit the Seller to retain sale
      treatment for accounting purposes of the transfer of assets to the Master Trust,
      in accordance with the provisions of Financial Accounting Standards Board SFAS
      No. 140.

    

    Reference
      is made to the further provisions of this Note set forth on the reverse hereof,
      which will have the same effect as though fully set forth on the face of this
      Note.

    

    Unless
      the certificate of authentication hereon has been executed by the Trustee whose
      name appears below by manual signature, this Note will not

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    be
      entitled to any benefit under the Indenture, or be valid or obligatory for
      any
      purpose.

    

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

    

    
      	 	
              CITIBANK
                CREDIT CARD ISSUANCE TRUST

            
	 	 
	 	
              By:       CITIBANK
                (SOUTH DAKOTA),

            
	 	
              NATIONAL
                ASSOCIATION,

            
	 	
              as
                Managing Beneficiary of

            
	 	
              Citibank
                Credit Card Issuance Trust

            
	 	 
	 	 
	 	
              By:
                __________________________________

            
	 	
              Douglas
                C.
                Morrison

            
	 	
              Vice
                President

            

    

    

    Dated:  February
      7, 2008

    

    

    

    

    TRUSTEE'S
      CERTIFICATE OF AUTHENTICATION

    

    

    This
      is
      one of the Notes designated above and referred to in the within mentioned
      Indenture.

    

    

    
      	 	
              DEUTSCHE
                BANK TRUST COMPANY AMERICAS,

            
	 	
              as
                Trustee under the Indenture

            
	 	 
	 	 
	 	
              By:
                _________________________________

            
	 	
              Authorized
                Signatory

            

    

    

    Dated:  February
      7, 2008

    

    

    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    REVERSE
      OF NOTE

    

    This
      Note
      is one of a duly authorized issue of Notes of the Issuer, designated as its
      Citiseries 5.35% Class 2008-A1 Notes of February 2018 (Legal Maturity Date
      February 2020) (herein called the "Notes"), all issued under an Indenture,
      to
      which Indenture reference is hereby made for a statement of the respective
      rights and obligations thereunder of the Issuer, the Trustee and the Holders
      of
      the Notes.

    

    This
      Note
      ranks pari passu with all other Class A Notes of the same series, as set forth
      in the Indenture. This Note is secured to the extent, and by the collateral,
      described in the Indenture.

    

    The
      Issuer will pay interest on overdue interest as set forth in the Indenture
      to
      the extent lawful.

    

    Each
      Holder by acceptance of this Note, and each owner of a beneficial interest
      in
      this Note by acceptance of a beneficial interest in this Note, agrees that
      no
      recourse may be taken, directly or indirectly, with respect to the obligations
      of the Issuer or the Trustee on the Notes, against the Issuer, the Issuer
      Trustee, Citibank (South Dakota), the Trustee or any affiliate, officer,
      employee or director of any of them, and the obligation of the Issuer to pay
      principal of or interest on this Note or any other amount payable to the Holder
      of this Note will be subject to Article V of the Indenture.

    

    Each
      Holder by acceptance of this Note, and each owner of a beneficial interest
      in
      this Note by acceptance of a beneficial interest in this Note, agrees that
      this
      Note is intended to be debt of Citibank (South Dakota) for federal, state and
      local income and franchise tax purposes, and agrees to treat this Note
      accordingly for all such purposes, unless otherwise required by a taxing
      authority.

    

    Each
      Holder by acceptance of this Note, and each owner of a beneficial interest
      in
      this Note by acceptance of a beneficial interest in this Note, agrees that
      it
      will not at any time institute against the Issuer, or join in any institution
      against the Issuer of, any bankruptcy, reorganization, arrangement, insolvency
      or liquidation proceeding, or other proceedings under any United States federal
      or state bankruptcy or similar law in connection with any obligations relating
      to this Note, the Indenture or any Derivative Agreement.

    

    This
      Note
      and the Indenture will be construed in accordance with and governed by the
      laws
      of the State of New York.

    

    No
      reference herein to the Indenture and no provision of this Note or of the
      Indenture will alter or impair the obligation of the Issuer, which is absolute
      and unconditional, to pay the principal of and interest on this Note at the
      times, place and rate, and in the coin or currency, herein
      prescribed.

    

    Certain
      amendments may be made to the Indenture without the consent of the Holder of
      this Note.  This Note must be surrendered for final payment of
      principal and interest.

    

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    ASSIGNMENT

    

    

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

    

    FOR
      VALUE
      RECEIVED, the undersigned hereby sells, assigns and transfers unto

    

    ___________________________________________________________________

    

    ___________________________________________________________________

    (name
      and
      address of assignee)

    

    the
      within Note and all rights thereunder, and hereby irrevocably constitutes and
      appoints __________________________________________________________, attorney,
      to transfer said Note on the books kept for registration thereof, with full
      power of substitution in the premises.

    

    Dated:  ____________________________

    

    _________________________*

    
      	
               

            	
              Signature
                Guaranteed:

            

    

    

    

    

    

    ----------------

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

    

     

     

    5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}]]