Document:

Class B(2004-2) Terms Document dated as of August 17, 2004

 Exhibit (4.01) 

  
 BANK ONE ISSUANCE TRUST 
 as Issuer 
  
 CLASS B(2004-2) TERMS DOCUMENT 
 dated as of August 17, 2004 
  
 to 
  
 ONESERIES INDENTURE SUPPLEMENT 
 dated as of May 1, 2002 
  
 to

  
 INDENTURE 
  
 dated as of May 1, 2002 
  
 WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as Indenture Trustee and Collateral Agent 
  

 THIS CLASS B(2004-2) TERMS DOCUMENT (this “Terms Document”), by and between BANK ONE
ISSUANCE TRUST, a statutory trust created under the laws of the State of Delaware (the “Issuer”), having its principal office at c/o Wilmington Trust Company, 1100 North Market Street, Wilmington, Delaware 19890-1600, and WELLS
FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”) and collateral agent (the “Collateral Agent”), is made and entered into as of August 17, 2004. 
  
 Pursuant to this Terms Document, the Issuer and the Indenture Trustee shall
create a new Tranche of ONEseries Class B Notes and shall specify the principal terms thereof. 
  
 ARTICLE I 
  
 DEFINITIONS AND OTHER
PROVISIONS OF GENERAL APPLICATION 
  
 Section 1.1
Definitions. For all purposes of this Terms Document, except as otherwise expressly provided or unless the context otherwise requires: 
  
 (1) the terms defined in this Article have the meanings assigned to them in this Article, and include the plural as well as the singular;

  
 (2) all other terms used herein which are
defined in the Indenture Supplement, the Indenture or the Asset Pool Supplement, either directly or by reference therein, have the meanings assigned to them therein; 
  
 (3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with
generally accepted accounting principles and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder means such accounting
principles as are generally accepted in the United States of America at the date of such computation; 
  
 (4) all references in this Terms Document to designated “Articles,” “Sections” and other subdivisions are to the
designated Articles, Sections and other subdivisions of this Terms Document as originally executed; 
  
 (5) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Terms
Document as a whole and not to any particular Article, Section or other subdivision; 

 (6) in the event that any term or provision contained herein shall conflict with or be
inconsistent with any term or provision contained in the Indenture Supplement, the Indenture or the Asset Pool Supplement, the terms and provisions of this Terms Document shall be controlling; 
  
 (7) each capitalized term defined herein shall relate only
to the Class B(2004-2) Notes and no other Tranche of ONEseries Notes issued by the Issuer; and 
  
 (8) “including” and words of similar import will be deemed to be followed by “without limitation.” 
  
 “Asset Pool Supplement” means the Asset Pool One Supplement
to the Indenture, dated as of May 1, 2002 among the Issuer, the Indenture Trustee and the Collateral Agent, as amended, supplemented, restated or otherwise modified from time to time. 
  
 “Base Rate” has the meaning specified in the Indenture Supplement. 
  
 “BDL” means Banque de Luxembourg. 
  
 “Class B(2004-2) Adverse Event” means the occurrence of any
of the following: (a) an Early Amortization Event with respect to the Class B(2004-2) Notes, (b) an Event of Default and acceleration of the Class B(2004-2) Notes or (c) the Class B Usage of the Class C Required Subordinated Amount for the Class
B(2004-2) Notes becomes greater than zero. 
  
 “Class
B(2004-2) Note” means any Note, substantially in the form set forth in Exhibit A-2 to the Indenture Supplement, designated therein as a Class B(2004-2) Note and duly executed and authenticated in accordance with the Indenture. 

 
 “Class B(2004-2) Noteholder” means a Person in whose name
a Class B(2004-2) Note is registered in the Note Register. 
  
 “Class B(2004-2) Termination Date” means the earliest to occur of (a) the Principal Payment Date on which the Outstanding Dollar Principal Amount of the Class B(2004-2) Notes is paid in full, (b) the Legal Maturity Date and
(c) the date on which the Indenture is discharged and satisfied pursuant to Article V thereof. 
  
 “Class B Required Subordinated Amount of Class C Notes” is defined in Section 2.2. 
  
 “Controlled Accumulation Amount” means $25,000,000; provided, however, if the Accumulation Period Length is determined to
be less than twelve months pursuant to Section 
  

 2 

 3.12(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount for any Note Transfer Date with respect to
the Class B(2004-2) Notes will be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement. 
  
 “Excess Spread Percentage” has the meaning specified in the Indenture Supplement. 
  
 “Indenture” means the Indenture, dated as of May 1, 2002,
between the Issuer and the Indenture Trustee, as the same may be amended, supplemented, restated or otherwise modified from time to time. 
  
 “Indenture Supplement” means the ONEseries Indenture Supplement, dated as of May 1, 2002, between the Issuer, the Indenture Trustee and
the Collateral Agent, as the same may be amended, supplemented, restated or otherwise modified from time to time. 
  
 “Initial Dollar Principal Amount” means $300,000,000. 
  
 “Interest Payment Date” means September 15, 2004 and the 15th day of each month thereafter, or if such 15th day is not a Business Day, the next succeeding Business Day. 
  
 “Interest Period” means, with respect to any Interest Payment Date, the period from and including the previous Interest Payment Date (or in the case of the initial Interest Payment Date, from and
including the Issuance Date) to but excluding such Interest Payment Date. 
  
 “Issuance Date” means August 17, 2004. 
  
 “Legal Maturity Date” means April 16, 2012. 
  
 “Note Interest Rate” means a rate per annum equal to 4.37%. 
  
 “Paying Agent” means Wells Fargo Bank, National Association. 
  
 “Portfolio Yield” has the meaning specified in the Indenture Supplement. 
  
 “Predecessor Note” means, with respect to any particular
Note, every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 3.06 of the Indenture in lieu of a
mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note. 
  
 “Record Date” means, for any Note Transfer Date, the last Business Day of the preceding Monthly Period. 
  

 3 

 “Scheduled Principal Payment Date” means August 17, 2009. 
  
 “Stated Principal Amount” means $300,000,000. 
  
 “Tranche” has the meaning specified in the Indenture.

  
 Section 1.2 Governing Law. THIS TERMS DOCUMENT WILL
BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF DELAWARE WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS. 
  
 Section 1.3 Counterparts. This Terms Document
may be executed in any number of counterparts, each of which so executed will be deemed to be an original, but all such counterparts will together constitute but one and the same instrument. 
  
 Section 1.4 Ratification of Indenture and Indenture Supplement. As
supplemented by this Terms Document, each of the Indenture, the Asset Pool Supplement and the Indenture Supplement is in all respects ratified and confirmed and the Indenture as so supplemented by the Asset Pool Supplement and the Indenture
Supplement as so supplemented by this Terms Document shall be read, taken and construed as one and the same instrument. 
  
 [END OF ARTICLE I] 
  

 4 

 ARTICLE II 
  
 THE CLASS B(2004-2) NOTES 
  
 Section 2.1 Creation and Designation. There is hereby created a Tranche of ONEseries Class B Notes to be issued pursuant to the Indenture and the
Indenture Supplement to be known as the “ONEseries Class B(2004-2) Notes.” 
  
 Section 2.2 Specification of Required Subordinated Amount and Other Terms. For the Class B(2004-2) Notes, for any date of determination, the Class B Required Subordinated Amount of Class C Notes will be an
amount equal to: 
  
 (1) for any date of determination prior to
the occurrence of a Class B(2004-2) Adverse Event, the product of 
  
 (1) the sum of 
  
 (i) a fraction (x) the numerator of which is equal to the sum of the Class A Required Subordinated Amount of Class C Notes on such date of determination for all outstanding Tranches of ONEseries Class A Notes for which the Class A Required
Subordinated Amount of Class B Notes on such date of determination is greater than zero and (y) the denominator of which is equal to the Adjusted Outstanding Dollar Principal Amount on such date of determination of all outstanding ONEseries Class B
Notes (including the Class B(2004-2) Notes), and 
  
 (ii) the product of (x) 7.81671% and (y) a fraction (A) the numerator of which is equal to (1) the Adjusted Outstanding Dollar Principal Amount on such date of determination of all outstanding ONEseries Class B Notes (including the Class
B(2004-2) Notes) minus (2) the Class A Required Subordinated Amount of Class B Notes on such date of determination for all outstanding Tranches of ONEseries Class A Notes for which the Class A Required Subordinated Amount of Class B Notes is
greater than zero; provided, however, that such numerator shall not be less than zero and (B) the denominator of which is equal to the Adjusted Outstanding Dollar Principal Amount on such date of determination of all outstanding
ONEseries Class B Notes (including the Class B(2004-2) Notes), and 
  
 (2) the Adjusted Outstanding Dollar Principal Amount on such date of determination of the Class B(2004-2) Notes; and 
  
 (2) for any date of determination on and after the date on which a Class B(2004-2) Adverse Event shall have occurred, the greater of (1) the amount
determined in subsection 2.2(a) for such date of determination and (2) the amount determined in subsection 2.2(a) for the date immediately prior to the date on which such Class B(2004-2) Adverse Event shall have occurred. 
  

 5 

 The Issuer may change the percentage set forth in subsection 2.2(a)(1)(ii)(x), above, or the formula set
forth in clause (a), above, without the consent of any Noteholder so long as the Issuer has (i) received written confirmation from each Note Rating Agency that has rated any Outstanding Notes of the ONEseries that the change in such percentage or
formula will not result in a Ratings Effect with respect to any Outstanding Class B(2004-2) Notes and (ii) delivered to the Indenture Trustee and the Note Rating Agencies a Master Trust Tax Opinion and an Issuer Tax Opinion. 
  
 Section 2.3 Interest Payment. 
  
 (1) For each Interest Payment Date, the amount of interest due with respect
to the Class B(2004-2) Notes shall be an amount equal to one-twelfth the product of (i) the Note Interest Rate, times, (ii) the Outstanding Dollar Principal Amount of the Class B(2004-2) Notes determined as of the close of business on the
Interest Payment Date preceding the related Note Transfer Date for the Class B(2004-2) Notes; provided, however, that for the first Interest Payment Date, the amount of interest due with respect to the Class B(2004-2) Notes is
$1,019,666.67. Interest on the Class B(2004-2) Notes will be calculated on the basis of a 360-day year consisting of twelve 30-day months. 
  
 (2) Pursuant to Section 3.03 of the Indenture Supplement, on each Note Transfer Date with respect to the Class B(2004-2) Notes, the Indenture Trustee
shall deposit into the Class B(2004-2) Interest Funding Sub-Account the portion of ONEseries Available Finance Charge Collections allocable to the Class B(2004-2) Notes. 
  
 Section 2.4 [Reserved]. 
  
 Section 2.5 Payments of Interest and Principal. 
  
 (1) Any installment of interest or principal, if any, payable on any Class B(2004-2) Note which is punctually paid or duly provided for by the Issuer and
the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Class B(2004-2) Note (or one or more Predecessor Notes) is registered on the Record Date, by
wire transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date
of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as it appears on the Note Register on such Record Date, except that with respect to Notes registered on the Record
Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee. 
  

 6 

 (2) The right of the Class B(2004-2) Noteholders to receive payments from the Issuer will terminate on
the first Business Day following the Class B(2004-2) Termination Date. 
  
 Section 2.6 Form of Delivery of Class B(2004-2) Notes; Depository; Denominations. 
  
 (1) The Class B(2004-2) Notes shall be delivered in the form of a global Registered Note as provided in Sections 2.02 and 3.01(i) of the Indenture,
respectively. 
  
 (2) The Depository for the Class B(2004-2) Notes
shall be The Depository Trust Company, and the Class B(2004-2) Notes shall initially be registered in the name of Cede & Co., its nominee. 
  
 (3) The Class B(2004-2) Notes will be issued in minimum denominations of $1,000 and integral multiples of that amount. 
  
 Section 2.7 Delivery and Payment for the Class B(2004-2) Notes. The
Issuer shall execute and deliver the Class B(2004-2) Notes to the Indenture Trustee for authentication, and the Indenture Trustee shall deliver the Class B(2004-2) Notes when authenticated, each in accordance with Section 3.03 of the Indenture.

  
 Section 2.8 Supplemental Indenture. The Issuer may
enter into a supplemental indenture with respect to the Class B(2004-2) Notes as provided in Section 9.01 of the Indenture, provided, however, that any supplemental indenture which provides for an additional or alternative form of
credit enhancement for the Class B(2004-2) Notes shall, in addition to the requirements set forth in Section 9.01 of the Indenture, require confirmation from the Note Rating Agencies that have rated any Outstanding Notes of the ONEseries that such
change in credit enhancement will not result in a Ratings Effect with respect to any Outstanding Notes of the ONEseries. 
  
 Section 2.9 Appointment of co-Paying Agent and co-Transfer Agent. BDL is appointed as co-paying agent and as co-transfer agent in Luxembourg with
respect to the Class B(2004-2) Notes for so long as the Class B(2004-2) Notes are listed on the Luxembourg Stock Exchange. Any reference in this Terms Document, the Indenture Supplement, the Asset Pool Supplement and the Indenture to the Paying
Agent or the Transfer Agent shall be deemed to include BDL as co-paying agent or co-transfer agent, as the case may be, unless the context requires otherwise. 
  

[END OF ARTICLE II] 
  

 7 

 IN WITNESS WHEREOF, the parties hereto have caused this Terms Document to be duly executed, all as of the
day and year first above written. 
  

			
	BANK ONE ISSUANCE TRUST
		
	By:	 	 BANK ONE, DELAWARE,
 NATIONAL ASSOCIATION,

as Beneficiary and not in its individual
 capacity

		
	By:	 	 /s/ Brent Barton

	Name:	 	Brent Barton
	Title:	 	Vice President
	
	 WELLS FARGO BANK,
 NATIONAL ASSOCIATION,
 as Indenture Trustee and Collateral Agent

		
	By:	 	 /s/ Cheryl C. Zimmerman

	Name:	 	Cheryl C. Zimmerman, CCTS
	Title:	 	Assistant Vice President

 TABLE OF CONTENTS 
  

					
	 	 	 	  	PAGE

	
	ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION
			
	 Section 1.1
	 	Definitions	  	1
			
	 Section 1.2
	 	Governing Law	  	4
			
	 Section 1.3
	 	Counterparts	  	4
			
	 Section 1.4
	 	Ratification of Indenture and Indenture Supplement	  	4
		
	ARTICLE II THE CLASS B(2004-2) NOTES	  	 
			
	 Section 2.1
	 	Creation and Designation	  	5
			
	 Section 2.2
	 	Specification of Required Subordinated Amount and Other Terms	  	5
			
	 Section 2.3
	 	Interest Payment	  	6
			
	 Section 2.4
	 	Calculation Agent; Determination of LIBOR	  	6
			
	 Section 2.5
	 	Payments of Interest and Principal	  	6
			
	 Section 2.6
	 	Form of Delivery of Class B(2004-2) Notes; Depository; Denominations	  	7
			
	 Section 2.7
	 	Delivery and Payment for the Class B(2004-2) Notes	  	7
			
	 Section 2.8
	 	Supplemental Indenture	  	7
			
	 Section 2.9
	 	Appointment of co-Paying Agent and co-Transfer Agent	  	7Subscription Agreement, dated August 19, 2004

 Exhibit 4.21 
  
  
 Private Placement of up to 

U.S. $20,000,000 Principal Amount of Harken Energy Corporation 
 5% Senior Convertible Notes due 2009 
  
 Subscription Agreement 
  
 1.
Delivery of Documents. 
  

	 	(a)	Delivery of Documents by Harken. The following documents have been delivered or otherwise made available to the undersigned in connection with the offer and sale by Harken
Energy Corporation (“Harken” or the “Company”) to the undersigned Buyer (“Buyer”) of its 5% Senior Convertible Notes due 2009 with principal amount of up to $20,000,000 (the “Notes”), pursuant to Regulation D
of the United States Securities Act of 1933: 

  

							
	 	 	(1)	  	Exhibit A:	  	Private Placement Agreement;
				
	 	 	(2)	  	Exhibit B:	  	Copies of the Company’s Annual Report on Form 10-K for the year ended December 31, 2003 and all subsequent filings of Harken with the United States Securities and Exchange Commission have
been made available to the Buyer at the Company’s website at www.harkenenergy.com.
			
	 	 	(3)	  	The Private Offering Memorandum dated July 21, 2004, which contains a form of the Notes, attached as
Appendix A thereto and incorporated therein by reference.
				
	 	 	(4)
	  	Exhibit C:	  	The Officer’s Certificate of Buyer.

  

	 	(b)	Delivery of Documents by Buyer. The Officer’s Certificate of Buyer shall be deemed to have been executed by the Buyer and delivered to the Company as of the date hereof
and the facts set forth therein shall be deemed to be certified upon the execution by the Buyer of this agreement. 

  
 2. General 
  

	 	(a)	Capitalized terms not defined herein shall have the meanings set forth in the Private Placement Agreement. The Buyer is encouraged to read the documents referred to above very
carefully in regard to a potential investment in the Notes and the common stock of the Company (“Common Stock”) into which the Notes are convertible, and by signing below will agree with Harken that it has done so.

  

	 	(b)	The Company strongly urges the Buyer carefully to read the language contained under the heading “Risk Factors” in the Private Offering Memorandum for certain risk
factors with respect to an investment in securities of the Company. The Buyer acknowledges that it has read and understands such risk factors and statements. 

  
 3. Subscription Terms. 
  

	 	(a)	Subscription. The Buyer hereby subscribes for and agrees to purchase $ 5,245,000 in principal amount of the Notes for a total cash consideration value (“Consideration
Value”) equal to the nominal amount of the Notes subscribed. 

	 	(b)	Company Wire Instructions. The Consideration Value specified in paragraph 3(a) must be delivered to the following account of the Common Depository on behalf of the Company on
the Closing Date: 

  

			
	 Name of Common
Depository
	  	The Bank of New York
	 Euroclear Account ID Number
	  	95326
	 Clearstream Account ID Number
	  	80199
	 Common Code
	  	019458431
	 ISIN No
	  	XS0194584313
	 Swiss Securities No
	  	To be notified
	 Trade Date
	  	4 August 2004
	 Settlement Date
	  	6 August 2004

  

	 	(c)	Ownership of Shares. Neither the Buyer nor its affiliates are owners, beneficially or otherwise, of any Common Stock or other equity securities of the Company, or rights to
acquire Common Stock or other equity securities of the Company other than as set forth below: 

  
 (i) Ordinary shares of Common Stock:
            -0-             ; and 
  
 (ii) Other securities:
            -0-            . 
  

	 	(d)	Shares Outstanding and Reserved for Issuance. As of June 7, 2004, the Company had 206,238,087 shares of Common Stock issued and outstanding, 32,135,430 shares of Common Stock
reserved for issuance pursuant to securities exercisable or exchangeable for, or convertible into, shares of Common Stock and 296,372 shares of Series G-1, 27,150 shares of
 Series G-2, 77,517 shares of Series G-4, 50,000 share of
Series J and 50,000 shares of Series L Preferred Stock issued and outstanding as well as 8,300,034 warrants to purchase shares of Common Stock. 

  

	 	(e)	Notice to Buyer. Notices to Buyer shall be provided in accordance with the Private Placement Agreement to the following address: 

  

			
	 Name:*
	  	[GLOBAL CONVERTIBLE MEGATREND, LTD]
		
	 Address:
	  	[C/O FES First Equity Securities AG
	 	  	Bleicherweg 66
	 	  	CH-8022 Zurich
	 	  	www.fes.ch
	 	  	ATTN: Markus Mueller
	
	 Telephone No: +41-1-280-50-66

	
	 Fax No: +41-1-280-53-39

  
  

	 	(f)	Delivery of Notes. The global note certificate for the Notes will be delivered on the Closing Date to the Common Depository for Euroclear and Clearstream for credit to the
account of the Buyer set out below. 

  

			
	 Settlement System
(Euroclear/Clearstream)
	 	EUROCLEAR: 96718 or 92463*
	 Account ID Number
	 	*
	 Participant Name
	 	 Jefferies London or Credite
Agricole
 Luxembourg*

	 Common Code
	 	019458431
	 ISIN No:
	 	XS0194584313
	 Swiss Securities No:
	 	To be notified
	 Trade Date
	 	4 August 2004
	 Settlement Date
	 	6 August 2004

  

	4.	Private Placement Agreement Binding; Confirmations. When this agreement is signed below by the Buyer, (a) Harken and the Buyer agree that the Private Placement Agreement
attached as Exhibit A will be a valid and binding agreement between them, and (b) the Buyer will have confirmed to Harken its representations, covenants and acknowledgments contained in Sections 2 and 4 of such Private Placement Agreement.

  

	5.	Limitation of Dispositions. Neither the Notes nor the Company’s Common Stock issuable upon conversion of the Notes have been or will be registered with the United States
Securities Act of 1933, as amended (the “Securities Act”), except as described in the attached documents. Such securities may not be offered, converted or otherwise disposed of, unless they are registered under such Securities Act and any
applicable state securities laws or exemptions from the registration requirements of the foregoing securities laws are available. 

  

	
	BUYER: GLOBAL CONVERTIBLE MEGATREND
	
	 By: /S/

	 Name: Markus Mueller

	 Title: Manager

	 If applicable, Buyer’s Tax ID No.:  _____________

	 
	
	 Date: July 21, 2004

	
	 HARKEN ENERGY CORPORATION

	
	 By: /s/

	 Name: Elmer Johnston

	 Title: Vice President, Secretary and General Counsel

	
	 Date: August 19, 2004

 * Buyer to complete

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00070-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00070-of-00352.parquet"}]]