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Exhibit 10.4

PHILLIPS-VAN HEUSEN CORPORATION

2003 STOCK OPTION PLAN

(As Amended Through September 21, 2006)

1.         Purpose.  The purposes of the 2003 Stock Option Plan (the “Plan”) are to induce certain individuals to remain in the employ, or to continue to serve as directors of, or consultants or advisors to, Phillips-Van Heusen Corporation (the “Company”) and its present and future subsidiary corporations (each a “Subsidiary”), as defined in Section 424(f) of the Internal Revenue Code of 1986, as amended (the “Code”), to attract new individuals to enter into such employment or service and to encourage such individuals to secure or increase on reasonable terms their stock ownership in the Company.  The Board of Directors of the Company (the “Board”) believes that the granting of stock options (the “Options”) under the Plan will promote continuity of management and increased incentive and personal interest in the welfare of the Company by those who are or may become primarily responsible for shaping and carrying out the long range plans of the Company and securing its continued growth and financial success.  Options granted hereunder are intended to be either (i) “incentive stock options” (which term, when used herein, shall have the meaning ascribed thereto by the provisions of Section 422(b) of the Code) or (ii) options which are not incentive stock options (“non-qualified stock options”) or (iii) a combination thereof, as determined by the Committee (the “Committee”) referred to in Section 5 at the time of the grant thereof.

2.         Effective Date of the Plan.  The Plan became effective on May 1, 2003.

3.         Stock Subject to Plan.  5,400,000 of the authorized but unissued shares of the common stock, $1.00 par value, of the Company (the "Common Stock") are hereby reserved for issue upon the exercise of Options granted under the Plan; provided, however, that the number of shares so reserved may from time to time be reduced to the extent that a corresponding number of issued and outstanding shares of the Common Stock are purchased by the Company and set aside for issue upon the exercise of Options.  If any Options expire or terminate for any reason without having been exercised in full, the unpurchased shares subject thereto shall again be available for the purposes of the Plan.

4.         Administration.

(a)        Except as otherwise provided in Section 4(b), the Plan shall be administered by the Committee.  Subject to the express provisions of the Plan, the Committee shall have complete authority, in its discretion, to interpret the Plan, to prescribe, amend and rescind rules and regulations relating to it, to determine the terms and provisions of the respective option agreements or certificates (which need not be identical), to determine the individuals (each a “Participant”) to whom and the times and the prices at which Options shall be granted, the periods during which each Option shall be exercisable, the number of shares of the Common Stock to be subject to each Option and whether such Option shall be an incentive stock option or a non-qualified stock option and to make all other determinations necessary or advisable for the administration of the Plan.  In making such determinations, the Committee may take into account the nature of the services rendered by the respective individuals, their present 

and potential contributions to the success of the Company and the Subsidiaries and such other factors as the Committee in its discretion shall deem relevant.  The Committee’s determination on the matters referred to in this Section 4 shall be conclusive.  Any dispute or disagreement which may arise under or as a result of or with respect to any Option shall be determined by the Committee, in its sole discretion, and any interpretations by the Committee of the terms of any Option shall be final, binding and conclusive.

(b)        The Chairman of the Board or, if the Chairman is not an executive officer of the Company, the Chief Executive Officer of the Company or other executive officer of the Company designated by the Committee who is also a director (the Chairman, Chief Executive Officer or other designated executive officer being referred to as the “Designated Director”) may administer the Plan with respect to employees of the Company or a Subsidiary (i) who are not officers of the Company subject to the provisions of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and (ii) whose compensation is not, and in the judgment of the Designated Director may not be reasonably expected to become, subject to the provisions of Section 162(m) of the Code.  The authority of the Designated Director and Options granted by the Designated Director shall be subject to such terms, conditions, restrictions and limitations as may be imposed by the Board, including, but not limited to, a limit on the aggregate number of shares of Common Stock subject to Options that may be granted in any one calendar year by the Designated Director to all such employees of the Company and its Subsidiaries and a maximum number of shares that may be subject to Options granted under the Plan in any one calendar year to any single employee by the Designated Director.  Unless and until the Board shall take further action, the maximum number of shares of Common Stock that may be subject to Options granted under the Plan, the Company's 1997 Stock Option Plan, 2000 Stock Option Plan and any other stock option plan then in effect in any one calendar year by the Designated Director shall be 100,000 in the aggregate and the maximum number of shares of Common Stock that may be subject to Options granted under the Plan, the Company's 1997 Stock Option Plan, 2000 Stock Option Plan and any other stock option plan then in effect in any one calendar year by the Designated Director to any single employee shall be 5,000 in the aggregate.  Any actions duly taken by the Designated Director with respect to the grant of Options to such employees shall be deemed to have been taken by the Committee for purposes of the Plan.

5.         Committee.  The Committee shall consist of two or more members of the Board.  It is intended that all of the members of the Committee shall be “non-employee directors” within the meaning of Rule 16b-3(b)(3) promulgated under the Exchange Act, and “outside directors” within the contemplation of Section 162(m)(4)(C)(i) of the Code.  The Committee shall be appointed annually by the Board, which may at any time and from time to time remove any members of the Committee, with or without cause, appoint additional members to the Committee and fill vacancies, however caused, in the Committee.  A majority of the members of the Committee shall constitute a quorum.  All determinations of the Committee shall be made by a majority of its members present at a meeting duly called and held, except that the Committee may delegate to any one of its members the authority of the Committee with respect to the grant of Options to any person who shall not be an officer and/or director of the Company and who is not, and in the judgment of the Committee may not be reasonably expected to become, a “covered employee” within the meaning of Section 162(m)(3) of the Code.  Any decision or determination of the Committee reduced to writing and signed by all of the members of the 

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Committee (or by the member(s) of the Committee to whom authority has been delegated) shall be fully as effective as if it had been made at a meeting duly called and held.

6.         Eligibility.  An Option may be granted only to a key employee of the Company or a Subsidiary or to a director of the Company or a Subsidiary who is not an employee of the Company or a Subsidiary or to an independent consultant or advisor who renders services to the Company or a Subsidiary.

7.         Option Prices.

(a)        The initial per share option price of any Option shall be the price determined by the Committee, but not less than the fair market value of a share of the Common Stock on the date of grant; provided, however, that, in the case of a Participant who owns more than 10% of the total combined voting power of the Common Stock at the time an Option which is an incentive stock option is granted to him or her, the initial per share option price shall not be less than 110% of the fair market value of a share of the Common Stock on the date of grant.

(b)        For all purposes of the Plan, the fair market value of a share of the Common Stock on any date shall be equal to (i) the closing sale price of the Common Stock on the New York Stock Exchange on the business day preceding such date or (ii) if there is no sale of the Common Stock on such Exchange on such business day, the average of the bid and asked prices on such Exchange at the close of the market on such business day.

8.         Option Term.  Participants shall be granted Options for such term as the Committee shall determine, not in excess of 10 years from the date of the granting thereof; provided, however, that, in the case of a Participant who owns more than 10% of the total combined voting power of the Common Stock at the time an Option which is an incentive stock option is granted to him or her, the term with respect to such Option shall not be in excess of five years from the date of the granting thereof.

9.         Limitations on Amount of Options Granted.

(a)        The aggregate fair market value of the shares of the Common Stock for which any Participant may be granted incentive stock options which are exercisable for the first time in any calendar year (whether under the terms of the Plan or any other stock option plan of the Company) shall not exceed $100,000.

(b)        No Participant shall, during any fiscal year of the Company, be granted Options under the Plan to purchase more than 1,600,000 shares of the Common Stock.

10.       Exercise of Options.

(a)        Except as otherwise determined by the Committee at the time of grant, a Participant may not exercise an Option during the period commencing on the date of the grant of such Option to him or her and ending on the day immediately preceding the first anniversary of such date.  Except as otherwise determined by the Committee at the time of grant, a Participant may (i) during the period commencing on the first anniversary of the date of the grant of an Option to him or her and ending on the day immediately preceding the second anniversary of such date, exercise such Option with respect to one-quarter of the shares granted thereby, 

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(ii) during the period commencing on the second anniversary of the date of such grant and ending on the day immediately preceding the third anniversary of the date of such grant, exercise such Option with respect to one-half of the shares granted thereby, (iii) during the period commencing on the third anniversary of the date of such grant and ending on the day immediately preceding the fourth anniversary of such date, exercise such Option with respect to three-quarters of the shares granted thereby and (iv) during the period commencing on the fourth anniversary of the date of such grant and ending at the time the Option expires pursuant to the terms hereof, exercise such Option with respect to all of the shares granted thereby.

(b)        Except as hereinbefore otherwise set forth, an Option may be exercised either in whole at any time or in part from time to time.

(c)        An Option may be exercised only by a written notice of intent to exercise such Option with respect to a specific number of shares of the Common Stock and payment to the Company of the amount of the option price for the number of shares of the Common Stock so specified; provided, however, that, if the Committee shall in its sole discretion so determine at the time of the grant of any Option, all or any portion of such payment may be made in kind by the delivery of shares of the Common Stock having a fair market value equal to the portion of the option price so paid; provided further, however, that no portion of such payment may be made by delivering shares of the Common Stock acquired upon the exercise of an Option if such shares shall not have been held by the Participant for at least six months; and provided further, however, that, subject to the requirements of Regulation T (as in effect from time to time) promulgated under the Exchange Act, the Committee may implement procedures to allow a broker chosen by a Participant to make payment of all or any portion of the option price payable upon the exercise of an Option and receive, on behalf of such Participant, all or any portion of the shares of the Common Stock issuable upon such exercise.

(d)        The Committee may, in its discretion, permit any Option to be exercised, in whole or in part, prior to the time when it would otherwise be exercisable.

(e)        (1)        Notwithstanding the provisions of Section 10(a) or the last sentence of Section 13, in the event that a Change in Control shall occur, then, each Option theretofore granted to any Participant which shall not have theretofore expired or otherwise been cancelled or become unexercisable shall become immediately exercisable in full.  For the purposes of this Section 10(e), a “Change in Control” shall be deemed to occur upon the first to occur of the following events: 

(i)         Any “person” (as such term is used in Sections 3(a)(9) and 13(d) of the Securities Exchange Act), other than a “person” who on April 9, 2004 was the owner of at least 8% of the Voting Power (as defined below) of the securities of the Company having Voting Power, becomes a “beneficial owner,” as such term is used in Rule 13d-3 promulgated under the Exchange Act, of securities with at least (A) one-quarter but less than one-half of the Voting Power of securities having Voting Power, unless such acquisition has been approved in advance by at least three-quarters of the Incumbent Board (as defined in clause (ii) below taking into account the provisos) or (B) one-half of the Voting Power of the securities of the Company having Voting Power;

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(ii)     Individuals who, as of April 9, 2004, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to April 9, 2004 whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person (as defined below) other than the Board;

(iii)   Consummation of a reorganization, merger, consolidation or a sale or other disposition of all or substantially all of the assets of the Company (each, a “Business Combination”), in each case unless, following such Business Combination, (A) all or substantially all of the Persons that were the beneficial owners of the outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) and the Voting Power of the securities of the Company having Voting Power, immediately prior to such  Business Combination, beneficially own, directly or indirectly, more than 50% of the then-outstanding shares of common stock and more than 50% of the combined voting power of the then-outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Business Combination (including, without limitation, a corporation that, as a result of such transaction, owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their ownership immediately prior to such Business Combination of the Outstanding Company Common Stock and the Voting Power of the securities of the Company having Voting Power, as the case may be (there being excluded from securities held by such security holders of the corporation resulting from the Business Combination, but not from the securities with Voting Power of the corporation resulting from such Business Combination, any securities with Voting Power received by Affiliates (as defined below) of such other company in exchange for securities of such other company or, if such other company is the surviving company and its securities remain unchanged, any securities of such other company with Voting Power held by an Affiliate of such other company immediately prior to the Business Combination), (B) no Person (excluding any corporation resulting from such Business Combination or any employee benefit plan (or related trust) of the Company or such corporation resulting from such Business Combination) beneficially owns directly or indirectly, 20% or more of, respectively, the then-outstanding shares of common stock of the corporation resulting from such Business Combination or the combined Voting Power of the then-outstanding voting securities of such corporation, except to the extent that such ownership existed in the Company prior to the Business Combination, and (C) at least a majority of the members of the board of directors of the corporation resulting from such Business Combination were members of the Incumbent Board at the time of the execution of the initial agreement or of the action of the Board providing for such Business Combination, whichever occurs first; or

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(iv)    Approval by the stockholders of the Company of (A) a liquidation of all or substantially all of the Company’s assets or (B) a dissolution of the Company.

Notwithstanding the foregoing, “Change in Control” with respect to any Participant shall be as defined in the Participant's employment agreement, if any, with the Company or a Subsidiary, unless such employment agreement provides otherwise.  For the purposes of this paragraph (1), (i) the term “Affiliate” shall mean any Person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, any other Person, (ii) the term “Person” shall mean any individual, partnership, firm, trust, corporation or other similar entity, (iii) “Company” shall include any entity that succeeds to all or substantially all of the business of the Company, and (iv) “Voting Power” shall mean general voting power under ordinary circumstances, in the absence of contingencies, to elect the directors of a corporation.

            (2)        In the event that a Change of Control shall occur, then, from and after the time of such event, neither the provisions of this Section 10(e) nor any of the rights of any Participant hereunder shall be modified or amended in any way.

11.       Transferability.  (a)  Except as otherwise provided in Section 11(b), no Option shall be assignable or transferable except by will and/or by the laws of descent and distribution and, during the life of any Participant, each Option granted to such Participant may be exercised only by him or her.

(b)  A Participant may, with the prior approval of the Committee, transfer for no consideration an Option which is a non-qualified stock option to or for the benefit of the Participant's Immediate Family, a trust for the exclusive benefit of the Participant's Immediate Family or to a partnership or limited liability company for one or more members of the Participant's Immediate Family, subject to such limits as the Committee may establish, and the transferee shall remain subject to all the terms and conditions applicable to the Option prior to such transfer.  The term “Immediate Family” shall mean the Participant's children, stepchildren, grandchildren, parents, stepparents, grandparents, spouse, former spouse, siblings, nieces, nephews, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships or any person sharing the Participant's household (other than a tenant or employee).

12.       Termination of Employment or Service.  Except as otherwise determined by the Committee, in the event a Participant leaves the employ or service, or ceases to serve as a director, of the Company and the Subsidiaries, whether voluntarily or otherwise but other than by reason of his or her death or, in the case of Participant who shall be an employee or director, retirement, each Option theretofore granted to him or her which shall not have been exercisable prior to the date of the termination of his or her employment or service shall terminate immediately.  Except as otherwise determined by the Committee, each other Option theretofore granted to him or her which shall not have theretofore expired or otherwise been cancelled shall, to the extent exercisable on the date of such termination of employment or service and not theretofore exercised, terminate upon the earlier to occur of (x) 90 days after the date of such Participant's termination of employment or cessation of service and (y) the date of termination specified in such Option.  Notwithstanding the foregoing, except as otherwise determined by the Committee, if a Participant is terminated for cause (as defined herein), each Option theretofore 

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granted to him or her which shall not have theretofore expired or otherwise been cancelled shall, to the extent not theretofore exercised, terminate forthwith.  Except as otherwise determined by the Committee, in the event a Participant leaves the employ, or ceases to serve as a director, of the Company and the Subsidiaries by reason of his or her retirement, each Option theretofore granted to him or her which shall not have theretofore expired or otherwise been cancelled shall become immediately exercisable in full and shall, to the extent not theretofore exercised, terminate upon the earlier to occur of the expiration of three years after the date of such retirement and the date of termination specified in such Option.  Except as otherwise determined by the Committee, in the event a Participant’s employment or service with the Company and the Subsidiaries terminates by reason of his or her death, each Option theretofore granted to him or her which shall not have theretofore expired or otherwise been cancelled shall become immediately exercisable in full and shall, to the extent not theretofore exercised, terminate upon the earlier to occur of the expiration of three months after the date of the qualification of a representative of his or her estate and the date of termination specified in such Option.  For purposes of the foregoing, (a) the term “cause” shall mean:  (i) the commission by the Participant of any act or omission that would constitute a crime under federal, state or equivalent foreign law, (ii) the commission by the Participant of any act of moral turpitude, (iii) fraud, dishonesty or other acts or omissions that result in a breach of any fiduciary or other material duty to the Company and/or the Subsidiaries, (iv) continued substance abuse that renders the Participant incapable of performing his or her material duties to the satisfaction of the Company and/or the Subsidiaries, or (v) as defined in the Participant's employment agreement, if any, with the Company or a Subsidiary and (b) the term “retirement” shall mean (I) the termination of a Participant’s employment with the Company and all of the Subsidiaries (x) other than for cause or by reason of his or her death and (y) on or after the earlier to occur of (1) the first day of the calendar month in which his or her 65th birthday shall occur and (2) the date on which he or she shall have both attained his or her 55th birthday and completed 10 years of employment with the Company and/or the Subsidiaries or (II) the termination of a Participant’s service as a director with the Company and all of the Subsidiaries (x) other than for cause or by reason of his or her death and (y) on or after the first day of the calendar month in which his or her 65th birthday shall occur.

13.       Adjustment of Number of Shares.  In the event that (i) a dividend shall be declared upon the Common Stock payable in shares of the Common Stock or (ii) any other change in the Common Stock that would be considered an equity restructuring (within the meaning of Financial Accounting Standards No. 123R),  then the number of shares of the Common Stock then subject to any Option and the number of shares of the Common Stock reserved for issuance in accordance with the provisions of the Plan but not yet covered by an Option and the number of shares set forth in Section 9(b) shall be adjusted to prevent dilution or enlargement of rights by adding to each share the number of shares which would be distributable thereon if such shares had been outstanding on the date fixed for determining the stockholders entitled to receive such stock dividend or subject to such other change. In the event that there shall be any change, other than as specified in this Section 13, in the number or kind of outstanding shares of the Common Stock, or of any stock or other securities into which the Common Stock shall have been changed, or for which it shall have been exchanged, then, if the Committee shall, in its sole discretion, determine that such change equitably requires an adjustment in the number or kind of shares to prevent dilution or enlargement of rights, then subject to any Option and the number or kind of shares reserved for issuance in accordance with the provisions of the Plan but not yet covered by an Option and the number or kind of shares 

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referred to in Section 9(b), such adjustment shall be made by the Committee and shall be effective and binding for all purposes of the Plan and of each stock option agreement or certificate entered into in accordance with the provisions of the Plan. In the case of any substitution or adjustment in accordance with the provisions of this Section 13, the option price in each stock option agreement or certificate for each share covered thereby prior to such substitution or adjustment shall be adjusted to the extent, if any, necessary to maintain the same aggregate intrinsic value (within the meaning of Financial Accounting Standards No. 123R) of the total award being substituted for or adjusted in accordance with the provisions of this Section 13.  No adjustment or substitution provided for in this Section 13 shall require the Company to sell a fractional share under any stock option agreement or certificate.  In the event of the dissolution or liquidation of the Company, or a merger, reorganization or consolidation in which the Company is not the surviving corporation, then, except as otherwise provided in Section 10(e) and the second sentence of this Section 13, each Option, to the extent not theretofore exercised, shall terminate forthwith. 

14.       Purchase for Investment, Withholding and Waivers.  Unless the shares to be issued upon the exercise of an Option by a Participant shall be registered prior to the issuance thereof under the Securities Act of 1933, as amended, such Participant will, as a condition of the Company’s obligation to issue such shares, be required to give a representation in writing that he or she is acquiring such shares for his or her own account as an investment and not with a view to, or for sale in connection with, the distribution of any thereof.  In the event of the death of a Participant, a condition of exercising any Option shall be the delivery to the Company of such tax waivers and other documents as the Committee shall determine.  In the case of each non-qualified stock option, a condition of exercising the same shall be the entry by the person exercising the same into such arrangements with the Company with respect to withholding as the Committee may determine.  

15.       No Stockholder Status.  Neither any Participant nor his or her legal representatives, legatees or distributees shall be or be deemed to be the holder of any share of the Common Stock covered by an Option unless and until a certificate for such share has been issued.  Upon payment of the purchase price thereof, a share issued upon exercise of an Option shall be fully paid and non-assessable.

16.       No Restrictions on Corporate Acts.  Neither the existence of the Plan nor any Option shall in any way affect the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of the Company, or any issue of bonds, debentures, preferred or prior preference stock ahead of or affecting the Common Stock or the rights thereof, or dissolution or liquidation of the Company, or any sale or transfer of all or any part of its assets or business, or any other corporate act or proceeding whether of a similar character or otherwise.

17.       No Employment Right.  Neither the existence of the Plan nor the grant of any Option shall require the Company or any Subsidiary to continue any Participant in the employ or service of the Company or such Subsidiary.

18.       Termination and Amendment of the Plan.  The Board may at any time terminate the Plan or make such modifications of the Plan as it shall deem advisable; provided, however, 

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that the Board may not without further approval of the holders of a majority of the shares of the Common Stock present in person or by proxy at any special or annual meeting of the stockholders, increase the number of shares as to which Options may be granted under the Plan (as adjusted in accordance with the provisions of Section 13), or change the class of persons eligible to participate in the Plan, or change the manner of determining the option prices.  Except as otherwise provided in Section 13, no termination or amendment of the Plan may, without the consent of the Participant to whom any Option shall theretofore have been granted, adversely affect the rights of such Participant under such Option.  The Committee may not, without further approval of the holders of a majority of the shares of the Common Stock present in person or by proxy at any special or annual meeting of the stockholders, amend any outstanding Option to reduce the option price, or cancel any outstanding Option and contemporaneously award a new Option to the same optionee for substantially the same number of shares at a lower option price.

19.       Expiration and Termination of the Plan.  The Plan shall terminate on April 30, 2013 or at such earlier time as the Board may determine.  Options may be granted under the Plan at any time and from time to time prior to its termination.  Any Option outstanding under the Plan at the time of the termination of the Plan shall remain in effect until such Option shall have been exercised or shall have expired in accordance with its terms.

20.       Options for Outside Directors.

(a)        A director of the Company who is not an employee of the Company or a Subsidiary and who is not a director elected solely by the holders of the Company's Series B convertible preferred stock (an “Outside Director”) shall be eligible to receive, in addition to any other Option which he or she may receive pursuant to Section 6, an annual Option.  Except as otherwise provided in this Section 20, each such Option shall be subject to all of the terms and conditions of the Plan.

(b)        (i)         At the first meeting of the Board immediately following each Annual Meeting of the Stockholders of the Company, each Outside Director shall be granted an Option, which shall be a non-qualified stock option, to purchase 10,000 shares of the Common Stock.  Notwithstanding the foregoing, an Outside Director may not receive a grant under this Section 20 for any year if and to the extent such Outside Director receives a grant of options to purchase Common Stock under any other Company stock option plan then in effect solely for his or her services as a director of the Company for such year and the aggregate number of shares of Common Stock issuable upon the exercise of all such options granted for such year would exceed 10,000.

            (ii)        The initial per share option price of each Option granted to an Outside Director shall under this Section 20 be equal to the fair market value of a share of the Common Stock on the date of grant.

            (iii)      The term of each Option granted to an Outside Director shall be ten years from the date of the granting thereof.

            (iv)       All or any portion of the payment required upon the exercise of an Option granted to an Outside Director may be made in kind by the delivery of shares of the Common Stock having a fair market value equal to the portion of the option price so paid; provided, however, that no portion of such payment may be made by delivering shares of the 

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Common Stock acquired upon the exercise of an Option if such shares shall not have been held by such Outside Director for at least six months; and provided further, however, that, subject to the requirements of Regulation T (as in effect from time to time) promulgated under the Exchange Act, the Committee may implement procedures to allow a broker chosen by such Outside Director to make payment of all or any portion of the option price payable upon the exercise of an Option and receive, on behalf of such Outside Director, all or any portion of the shares of the Common Stock issuable upon such exercise.

(c)        The provisions of this Section 20 may not be amended except by the vote of a majority of the members of the Board and by the vote of a majority of the members of the Board who are not Outside Directors.

10ex4si114

                                            ONE HUNDRED FOURTEENTH
                                            SUPPLEMENTAL INDENTURE

                                                                 ______________

                                      Southern California Edison Company

                                                      to

                                   The Bank of New York Trust Company, N.A.

                                                      and

                                                D. G. Donovan,

                                                   Trustees

                                                                 ______________

                                         DATED AS OF DECEMBER 4, 2006

Page 1

               This One Hundred Fourteenth Supplemental Indenture, dated as of the 4th day of December, 2006,
is entered into by and between Southern California Edison Company (between 1930 and 1947 named "Southern
California Edison Company Ltd."), a corporation duly organized and existing under and by virtue of the laws
of the State of California and having its principal office and mailing address at 2244 Walnut Grove Avenue,
in the City of Rosemead, County of Los Angeles, State of California 91770, and qualified to do business in
the States of Arizona, New Mexico, and Nevada (hereinafter sometimes termed the "Company"), and The Bank of
New York Trust Company, N.A., a national banking association having its mailing address at 2 North LaSalle
Street, in the City of Chicago, State of Illinois 60602 (successor Trustee to The Bank of New York, which was
successor Trustee to Harris Trust and Savings Bank), and D. G. Donovan of 2 North LaSalle Street, in the City
of Chicago, State of Illinois 60602 (successor Trustee to R. G. Mason, who was successor Trustee to Wells
Fargo Bank, National Association, which was successor Trustee to Security Pacific National Bank, formerly
named Security First National Bank and Security-First National Bank of Los Angeles, successor, by
consolidation and merger, to Pacific-Southwest Trust and Savings Bank), as Trustees (hereinafter sometimes
termed the "Trustees");

               WITNESSETH:

               WHEREAS, the Company heretofore executed and delivered to said Harris Trust and Savings Bank
and said Pacific-Southwest Trust and Savings Bank, Trustees, a certain Indenture of Mortgage or Deed of Trust
dated as of October 1, 1923, which said Indenture was duly filed for record and recorded in the offices of
the respective recorders of the following counties:  in the State of California-Fresno County, Volume 397 of
Official Records, page 1; Imperial County, Book 1174 of Official Records, page 966; Inyo County, Volume 154
of Official Records, page 417; Kern County, Book 379 of Trust Deeds, page 196; Kings County, Volume 84 of
Deeds, page 1; Los Angeles County, Book 2963 of Official Records, page 1; Madera County, Volume 9 of Official
Records, page 63; Merced County, Volume 363 of Official Records, page 1; Modoc County, Volume 230 of Official
Records, page 119 et seq.; Mono County, Volume 64 of Official Records, page 29; Orange County, Book 496 of
Deeds, page 1; Riverside County, Book 594 of Deeds, page 252; San Bernardino County, Book 825 of Deeds, page
1; San Diego County, Series 5 Book 1964, page 84061; Santa Barbara County, Book 229 of Deeds, page 30;
Stanislaus County, Volume 465 of Official Records, page 370; Tulare County, Volume 50 of Official Records,
page 1; Tuolumne County, Volume 274 of Official Records, page 568; and Ventura County, Volume 33 of Official
Records, page 1; in the State of Nevada-Clark County, Book 8 of Mortgages; Churchill County, Book 40 of
Official Records, page 235; Lyon County, Book 39 of Mortgages, page 1; Mineral County, Book 13 of Official
Records, page 794; Pershing County, Book 15 of Official Records, page 612; and Washoe County, Book 83 of
Mortgages, page 301; in the State of Arizona-La Paz County, Instrument No. 83-000212 of Official Records;
Mohave County, Book 11 of Realty Mortgages; Maricopa County, Docket 4349 of Official Records, page 197; and
Yuma County, Docket 369, page 310; and in the offices of the county clerks of the following counties in the
State of New Mexico-McKinley County, Book Mtg. 50, page 187 and filed as Document No. 10536 in the Chattel
Records; and San Juan County, Book Mtg. 630, page 13 and filed as Document No. 17838 in the Chattel Records
(hereinafter referred to as the "Original Indenture"), to secure the payment of the principal of and interest
on all bonds of the Company at any time outstanding thereunder, and (as to certain such filings or
recordings) the principal of and interest on all Debentures of 1919 (referred to in the Original Indenture
and now retired) outstanding; and

      WHEREAS, the Company has heretofore executed and delivered to the Trustees one hundred thirteen certain
supplemental indentures, dated, respectively, as of March 1, 1927, April 25, 1935, June 24, 1935,
September 1, 1935, August 15, 1939, September 1, 1940, January 15, 1948, August 15, 1948, February 15, 1951,
August 15, 1951, August 15, 1953, August 15, 1954, April 15, 1956, February 15, 1957, July 1, 1957, August
15, 1957, August 15, 1958, January 15, 1960, August 15, 1960, April 1, 1961, May 1, 1962, October 15, 1962,
May 15, 1963, February 15, 1964, February 1, 1965, May 1, 1966, August 15, 1966, May 1, 1967, February 1,
1968, January 15, 1969, October 1, 1969, December 1, 1970, September 15, 1971, August 15, 1972, February 1,
1974, July 1, 1974, November 1, 1974, March 1, 1975, March 15, 1976, July 1, 1977, November 1, 1978, June 15,
1979, September 15, 1979, October 1, 1979, April 1, 1980, November 15, 1980, May 15, 1981, August 1, 1981,
December 1, 1981, January 16, 1982, April 15, 1982, November 1, 1982, November 1, 1982, January 1, 1983,
May 1, 1983, December 1, 1984, March 15, 1985, October 1, 1985, October 15, 1985, March 1, 1986, March 15,
1986, April 15, 1986,

Page 2

April 15, 1986, July 1, 1986, September 1, 1986, September 1, 1986, December 1, 1986, July 1, 1987,
October 15, 1987, November 1, 1987, February 15, 1988, April 15, 1988, July 1, 1988, August 15, 1988,
September 15, 1988, January 15, 1989, May 1, 1990, June 15, 1990, August 15, 1990, December 1, 1990, April 1,
1991, May 1, 1991, June 1, 1991, December 1, 1991, February 1, 1992, April 1, 1992, July 1, 1992, July 15,
1992, December 1, 1992, January 15, 1993, March 1, 1993, June 1, 1993, June 15, 1993, July 15, 1993,
September 1, 1993, October 1, 1993, February 21, 2002, February 15, 2003, October 15, 2003, December 15,
2003, January 7, 2004, February 26, 2004, March 23, 2004, December 6, 2004, January 11, 2005, January 27,
2005, March 17, 2005, June 1, 2005, June 20, 2005, August 24, 2005, December 12, 2005, January 24, 2006, and
April 4, 2006, which modify, amend and supplement the Original Indenture, such Original Indenture, as so
modified, amended and supplemented, being hereinafter referred to as the "Amended Indenture"; and

               WHEREAS, there have been issued and are now outstanding and entitled to the benefits of the
Amended Indenture, First and Refunding Mortgage Bonds as follows:

           Series                  Due Date               Principal Amount

            2004A                    2014                      300,000,000
            2004B                    2034                      525,000,000
           2004D and E               2035                      144,400,000
            2004F                    2015                      300,000,000
            2004G                    2035                      350,000,000
            2004H                    2007                      150,000,000
            2005A                    2016                      400,000,000
            2005B                    2036                      250,000,000
            2005D                    2029                      203,460,000
            2005E                    2035                      350,000,000
            2005F                    2035                      248,585,000
            2005G                    2010                    1,700,000,000
            2006A                    2036                      350,000,000
            2006B                    2009                      150,000,000
            2006C                    2028                      196,000,000
            2006D                    2033                      135,000,000

               WHEREAS, the Company proposes presently to issue in fully registered form only, without
coupons, up to $400,000,000 aggregate principal amount of a new series of the Company's First and Refunding
Mortgage Bonds, pursuant to resolutions of the Board of Directors or the Executive Committee of the Board of
Directors of the Company, or actions by one or more officers of the Company, said new series to be designated
as Series 2006E (referred to herein as the "Bond"), and the Company's authorized bonded indebtedness has been
increased to provide for the issuance of the Bond; and

               WHEREAS, the Company has acquired real and personal property since the execution and delivery
of the One Hundred Thirteenth Supplemental Indenture which, with certain exceptions, is subject to the lien
of the Amended Indenture by virtue of the after-acquired property clauses and other clauses thereof, and the
Company now desires in this One Hundred Fourteenth Supplemental Indenture (hereinafter sometimes referred to
as this "Supplemental Indenture") expressly to convey and confirm unto the Trustees all properties, whether
real, personal or mixed, now owned by the Company (with the exceptions hereinafter noted); and

               WHEREAS, for the purpose of further safeguarding the rights and interests of the holders of
bonds under the Amended Indenture, the Company desires, in addition to such conveyance, to enter into certain
covenants with the Trustees; and

Page 3

               WHEREAS, the making, executing, acknowledging, delivering and recording of this Supplemental
Indenture have been duly authorized by proper corporate action of the Company, and the Trustees have each
duly determined to execute and accept this Supplemental Indenture;

               NOW, THEREFORE, in order further to secure the payment of the principal of and interest on all
of the bonds of the Company at any time outstanding under the Amended Indenture, as from time to time amended
and supplemented, including specifically, but without limitation, the First and Refunding Mortgage Bonds,
Series 2004A, Series 2004B, Series 2004D, Series 2004E, Series 2004F, Series 2004G, Series 2004H, Series
2005A, Series 2005B, Series 2005D, Series 2005E, Series 2005F, Series 2005G, Series 2006A, Series 2006B,
Series 2006C, and Series 2006D referred to above, all of said bonds having been heretofore issued and being
now outstanding, and the Bonds, of the aggregate principal amount of up to $400,000,000, to be presently
issued and outstanding; and to secure the performance and observance of each and every of the covenants and
agreements contained in the Amended Indenture, and without in any way limiting (except as hereinafter
specifically provided) the generality or effect of the Original Indenture or any of said supplemental
indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture insofar
as by any provision of any said Indenture any of the properties hereinafter referred to are subject to the
lien and operation thereof, but to such extent (except as hereinafter specifically provided) confirming such
lien and operation, and for and in consideration of the premises, and of the sum of One Dollar ($1.00) to the
Company duly paid by the Trustees, at or upon the ensealing and delivery of these presents (the receipt
whereof is hereby acknowledged), the Company has executed and delivered this Supplemental Indenture and has
granted, bargained, sold, aliened, released, conveyed, assigned, transferred, warranted, mortgaged, and
pledged, and by these presents does grant, bargain, sell, alien, release, convey, assign, transfer, warrant,
mortgage, and pledge unto the Trustees, their successors in trust and their assigns forever, in trust, with
power of sale, all of the following:

               All and singular the plants, properties (including goods which are or are to become fixtures),
equipment, and generating, transmission, feeding, storing, and distributing systems, and facilities and
utilities of the Company in the Counties of Fresno, Imperial, Inyo, Kern, Kings, Los Angeles, Madera, Merced,
Modoc, Mono, Orange, Riverside, San Bernardino, San Diego, Santa Barbara, Stanislaus, Tulare, Tuolumne, and
Ventura, in the State of California, Churchill, Clark, Lyon, Mineral, Pershing, and Washoe, in the State of
Nevada, La Paz and Maricopa, in the State of Arizona, and McKinley and San Juan, in the State of New Mexico,
and elsewhere either within or without said States, with all and singular the franchises, ordinances, grants,
easements, rights-of-way, permits, privileges, contracts, appurtenances, tenements, and other rights and
property thereunto appertaining or belonging, as the same now exist and as the same or any and all parts
thereof may hereafter exist or be improved, added to, enlarged, extended or acquired in said Counties, or
elsewhere either within or without said States;

               Together with, to the extent permitted by law, all other properties, real, personal, and mixed
(including goods which are or are to become fixtures), except as herein expressly excepted, of every kind,
nature, and description, including those kinds and classes of property described or referred to (whether
specifically or generally or otherwise) in the Original Indenture and/or in any one or more of the indentures
supplemental thereto, now or hereafter owned, possessed, acquired or enjoyed by or in any manner appertaining
to the Company, and the reversion and reversions, remainder and remainders, tolls, incomes, revenues, rents,
issues, and profits thereof; it being hereby intended and expressly agreed that all the business, franchises,
and properties, real, personal, and mixed (except as herein expressly excepted), of every kind and nature
whatsoever and wherever situated, now owned, possessed, or enjoyed, and which may hereafter be in anywise
owned, possessed, acquired, or enjoyed by the Company, shall be as fully embraced within the provisions
hereof and be subject to the lien created hereby and by the Original Indenture and said supplemental
indentures executed and delivered prior to the execution and delivery of this Supplemental Indenture, as if
said properties were particularly described herein;

      Saving and excepting, however, anything contained herein or in the granting clauses of the Original
Indenture, or of the above mentioned indentures supplemental thereto, or elsewhere contained in the Original
Indenture or said supplemental indentures, to the contrary notwithstanding, from the property hereby or
thereby mortgaged and pledged, all of the following property (whether now owned by the

Page 4

Company or hereafter acquired by it):  all bills, notes, warrants, customers' service and extension deposits,
accounts receivable, cash on hand or deposited in banks or with any governmental agency, contracts, choses in
action, operating agreements and leases to others (as distinct from the property leased and without limiting
any rights of the Trustees with respect thereto under any of the provisions of the Amended Indenture), all
bonds, obligations, evidences of indebtedness, shares of stock and other securities, and certificates or
evidences of interest therein, all office furniture and office equipment, motor vehicles and tools therefor,
all materials, goods, merchandise, and supplies acquired for the purpose of sale in the ordinary course of
business or for consumption in the operation of any property of the Company, and all electrical energy and
other materials or products produced by the Company for sale, distribution, or use in the ordinary conduct of
its business--other than any of the foregoing which has been or may be specifically transferred or assigned
to or pledged or deposited with the Trustees, or any of them, under the Amended Indenture, or required by the
provisions of the Amended Indenture, so to be; provided, however, that if, upon the occurrence of a default
under the Amended Indenture, the Trustees, or any of them, or any receiver appointed under the Amended
Indenture, shall enter upon and take possession of the mortgaged and pledged property, the Trustees, or such
Trustee or such receiver may, to the extent permitted by law, at the same time likewise take possession of
any and all of the property excepted by this paragraph then on hand which is used or useful in connection
with the business of the Company, and collect, impound, use, and administer the same to the same extent as if
such property were part of the mortgaged and pledged property and had been specifically mortgaged and pledged
hereunder, unless and until such default shall be remedied or waived and possession of the mortgaged and
pledged property restored to the Company, its successors or assigns, and provided further, that upon the
taking of such possession and until possession shall be restored as aforesaid, all such excepted property of
which the Trustees, or such Trustee or such receiver shall have so taken possession, shall be and become
subject to the lien hereof, subject, however, to any liens then existing on such excepted property.

               And the Company does hereby covenant and agree with the Trustees, and the Trustees with the
Company, as follows:

                                                    PART I

               The Trustees shall have and hold all and singular the properties conveyed, assigned, mortgaged
and pledged hereby or by the Amended Indenture, including property hereafter as well as heretofore acquired,
in trust for the equal and proportionate benefit and security of all present and future holders of the bonds
and interest obligations issued and to be issued under the Amended Indenture, as from time to time amended
and supplemented, without preference of any bond over any other bond by reason of priority in date of
issuance, negotiation, time of maturity, or for any other cause whatsoever, except as otherwise in the
Amended Indenture, as from time to time amended and supplemented, permitted, and to secure the payment of all
bonds now or at any time hereafter outstanding under the Amended Indenture, as from time to time amended and
supplemented, and the performance of and compliance with the covenants and conditions of the Amended
Indenture, as from time to time amended and supplemented, and under and subject to the provisions and
conditions and for the uses set forth in the Amended Indenture, as from time to time amended and supplemented.

                                                    PART II

               Article I to Article Twenty-One, inclusive, of the Amended Indenture are hereby incorporated by
reference herein and made a part hereof as fully as though set forth at length herein.

                                                   PART III

      All of the terms appearing herein shall be defined as the same are now defined under the provisions of
the Amended Indenture, except when expressly herein otherwise defined.

Page 5

                                                    PART IV

               Pursuant to Section 1 of Article Five of the Original Indenture, as amended by Part IV, Subpart
C, of the Sixth Supplemental Indenture, dated as of September 1, 1940, the notice to be given with respect to
the redemption of the Bonds in whole or in part, shall be limited to and shall consist of the giving by the
Company or The Bank of New York Trust Company, N.A., Trustee, of a notice in writing (including by facsimile
transmission) of such redemption, at least 30 days, but not more than 60 days, prior to the date fixed for
redemption to the holder of each Bond called for redemption at the holder's last address shown on the
registry books of the Company.  Failure to so provide such notice to the holder of any Bond shall not affect
the validity of the redemption proceedings with respect to any other Bond.

                                                    PART V

               The Bonds shall be in substantially the form set forth in a resolution of the Board of
Directors or the Executive Committee of the Board of Directors of the Company, or a certificate evidencing
action by an officer or officers of the Company, and may have placed thereon such letters, numbers or other
marks of identification and such legends or endorsements as set forth in this Supplemental Indenture or as
may be required to comply with the Securities Act of 1933, as amended (the "Securities Act"), any other laws,
any other rules of the Securities and Exchange Commission or any securities exchange, or as may, consistently
herewith, be determined to be necessary or appropriate by the officers executing the Bonds, as evidenced by
their execution of the Bonds.

               The Bonds initially shall be represented by one or more securities in registered, global form
without interest coupons ("Global Bonds").  Each certificate for Global Bonds shall represent the aggregate
principal of outstanding Bonds from time to time endorsed thereon and the aggregate principal amount of
outstanding Bonds represented thereby may from time to time be reduced or increased, as appropriate, to
reflect exchanges and redemptions.  Any endorsement of a Global Bond certificate to reflect the amount of any
increase or decrease in the aggregate principal amount of outstanding Bonds represented thereby shall be made
by BNY Midwest Trust Company, as Agent for The Bank of New York Trust Company, N.A., Trustee, as registrar
for the Bonds (the "Bond Registrar"), in accordance with instructions given by the registered holder thereof.

               The Company initially appoints The Depository Trust Company ("DTC") to act as depositary with
respect to the Global Bonds (together with any successor, the "Depositary").  Each certificate representing
Global Bonds shall bear a legend in substantially the following form (the "Global Bond Legend"):

               UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST
               COMPANY, A NEW YORK CORPORATION ("DTC"), TO SOUTHERN CALIFORNIA EDISON COMPANY OR ITS AGENT FOR
               REGISTRATION OR TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
               NAME OF CEDE and CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC
               (AND ANY PAYMENT IS MADE TO CEDE and 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 and CO., HAS AN INTEREST
               HEREIN.

      Beneficial interests in the Global Bonds may not be exchanged for Bonds in certificated form
("Certificated Bonds") except in the limited circumstances set forth below in this Supplemental Indenture.
Certificates representing Certificated Bonds will not bear the Global Bond Legend.

Page 6

                                                    PART VI

               The transfer and exchange of Global Bonds or beneficial interests in Global Bonds shall be
effected through the Depositary, in accordance with the terms of the Amended Indenture (including the
restriction on transfer set forth herein) and the procedures of the Depositary.

               A Global Bond may be exchanged for Certificated Bonds if (a) the Depositary for the Global Bond
notifies the Company that the Depositary is unwilling or unable to continue as to act as Depositary for the
Global Bond or has ceased to be a clearing agency registered under the Securities Exchange Act of 1934, and
in either case the Company fails to appoint a successor Depositary within 90 days after delivery of such
notice; (b) the Company notifies the Bond Registrar in writing that it has elected to cause the issuance of
Certificated Bonds; or (c) there has occurred and is continuing a default with respect to the Bonds under the
Amended Indenture.  Certificated Bonds delivered in exchange for any Global Bond or beneficial interests in
Global Bonds will be executed by the Company, authenticated by The Bank of New York Trust Company, N.A., as
Trustee, registered in the names, and issued in any approved denominations, requested by or on behalf of the
Depositary (in accordance with its customary procedures).

               When Certificated Bonds are presented to the Bond Registrar with a request to register the
transfer of the Certificated Bonds or to exchange such Certificated Bonds for an equal principal amount of
Certificated Bonds of other authorized denominations, the Bond Registrar shall register the transfer or make
the exchange as requested if its requirements for such transactions are met.

                                                   PART VII

               All, but only, the duties, responsibilities, liabilities, immunities, rights, powers, and
indemnities against liability, of the Trustees and each of them, with respect to the trust created by the
Amended Indenture, are hereby assumed by and given to the Trustees, and each of them, with respect to the
trust hereby created, and are so assumed and given subject to all the terms and provisions with respect
thereto as set forth in the Amended Indenture, as fully and to all intents and purposes as if the same were
herein set forth at length; and this Supplemental Indenture is executed by the Trustees for the purpose of
evidencing their consent to the foregoing.

               The recitals contained herein, except the recital that the Trustees have each duly determined
to execute and deliver this Supplemental Indenture, shall be taken as the statements of the Company, and the
Trustees assume no responsibility for the correctness thereof.  The Trustees make no representations as to
the validity of this Supplemental Indenture.

                                                   PART VIII

               As amended and supplemented by this Supplemental Indenture, the Amended Indenture is in all
respects ratified and confirmed, and the Original Indenture and all said indentures supplemental thereto
including this Supplemental Indenture, shall be read, taken, and considered as one instrument, and the
Company agrees to conform to and comply with all and singular the terms, provisions, covenants, and
conditions set forth therein and herein.

                                                    PART IX

               In case any one or more of the provisions contained in this Supplemental Indenture should be
invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not
affect any other provisions contained in this Supplemental Indenture, and, to the extent and only to the
extent that any such provision is invalid, illegal, or unenforceable, this Supplemental Indenture shall be
construed as if such provision had never been contained herein.

Page 7

                                                    PART X

               This Supplemental Indenture may be simultaneously executed and delivered in any number of
counterparts, each of which, when so executed and delivered, shall be deemed to be an original.

Page 8

               IN WITNESS WHEREOF, the Company has caused its corporate name and seal to be hereunto affixed
and this Supplemental Indenture to be signed by its Chairman of the Board, its Chief Executive Officer, its
President, or one of its Vice Presidents and attested by the signature of its Secretary or one of its
Assistant Secretaries, for and in its behalf; said The Bank of New York Trust Company, N.A. has caused its
name to be hereunto affixed, and this Supplemental Indenture to be signed, by one of its Vice Presidents or
Assistant Vice Presidents or Agents; and said D. G. Donovan has hereunto executed this Supplemental
Indenture; all as of the day and year first above written.  Executed in counterparts and in multiple.

                                                   SOUTHERN CALIFORNIA EDISON COMPANY

                                                   /s/ ROBERT C. BOADA
                                                   ---------------------------------
                                                   ROBERT C. BOADA
                                                   Vice President
                                                   and Treasurer

Attest:

/s/ BONITA J. SMITH
----------------------------------
BONITA J. SMITH
Assistant Secretary

(Seal)

                                                   THE BANK OF NEW YORK TRUST COMPANY,
                                                   N.A., Trustee

                                                   /s/ JUDITH L. BARTOLINI
                                                   ---------------------------------
                                                   Name:  JUDITH L. BARTOLINI
                                                   Title:  Vice President

                                                   /s/ D. G. DONOVAN
                                                   ---------------------------------
                                                   D. G. DONOVAN
                                                   Trustee

Page 9

STATE OF CALIFORNIA   }
                      }  ss.
COUNTY OF LOS ANGELES }

        On this 5th day of December, 2006, before me, SARAH C. PEREZ, a Notary Public, personally appeared
ROBERT C. BOADA and BONITA J. SMITH, personally known to me (or proved to me on the basis of satisfactory
evidence) to be the persons whose names are subscribed to the within instrument and acknowledged to me that
they executed the same in their authorized capacities, and that by their signatures on the instrument the
persons, or the entity on behalf of which the persons acted, executed the instrument.

        WITNESS my hand and official seal.

                                                   /s/ SARAH C. PEREZ
                                                   ---------------------------------
                                                   Notary Public, State of California

(Seal)

My Commission expires on August 22, 2009.

Page 10

STATE OF ILLINOIS       }
                        }  ss.
COUNTY OF COOK          }

        On this 4th day of December, 2006, before me, A. HERNANDEZ, a Notary Public, personally appeared
Judith L. Bartolini, Vice President of THE BANK OF NEW YORK TRUST COMPANY, N.A., Trustee, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the
within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by
her signature on the instrument the person, or entity on behalf of which the person acted, executed the
instrument.

        WITNESS my hand and official seal.

                                            /s/ A. HERNANDEZ
                                            ----------------------------------------------------------------
                                            Notary Public

(Seal)

My Commission expires on January 22, 2009.

STATE OF ILLINOIS     }
                      }  ss.
COUNTY OF COOK        }

        On this 4th day of December, 2006, before me, A. HERNANDEZ, a Notary Public, personally appeared D. G.
DONOVAN, Trustee, personally known to me (or proved to me on the basis of satisfactory evidence) to be the
person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in
his authorized capacity, and that by his signature on the instrument the person, or entity on behalf of which
the person acted, executed the instrument.

        WITNESS my hand and official seal.

                                            /s/ A. HERNANDEZ
                                            ----------------------------------------------------------------
                                            Notary Public, State of Illinois

(Seal)

My Commission expires on January 22, 2009.

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