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Purchases of Obligations under the DTC system must be made by or through Direct
<br /> to Participants, which will receive a credit for the Obligations on DTC's records. The ownership
<br /> O 1 d 1 N M I N 11
<br /> I ID 01 O N In M M N I N I N t1 to M V 1 1n I 01 1 M V 1 C 1 .•- 1A I 11 11
<br /> I CO .. . ^ - 1 , . . . ^ ^ . , ^ 1 , - , 1 - . 1 II
<br /> a �, I ° 1 ° I M N , 1 ° interest of each actual purchaser of each Obligation ("Beneficial caner° is in turn to e
<br /> m M M I to l N M 1A 1� V O 1 r• I ID 1 �to 0 I Io I O O 1 O II ,
<br /> ' _ r m M N 1 °_ ' ° M m M I v I I_ 1n v , m I v I 1, recorded on the Direct and Indirect Participants records. Beneficial Owners
<br />will not receive
<br /> C I _ I I . I 1 1 I I 1 II
<br /> O 1 N N I n l .- M I r I I I 1 an 1 to 11
<br /> 01, 1 I I 1 I I 1 I «, 11 written confirmation from DTC of their purchase, but Beneficial Owners are expected to receive
<br /> I I I I 1 I I I 11
<br /> I written confirmations providing details of the transaction, as well as periodic statements of their
<br /> ~ °1 °m CND G I N 10 10 N V 0 In I I; ; 10 ; 2� 2 ; L4 ; I; holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered
<br />into
<br /> O 1 01 V V fo ID 01 t0 11 to 01 N tD O V N I N 1 N I I I O I N 11
<br /> E ' ° - - - - ^ - - 1 - - - - - ° - - - 1 - - - - - - 1 the transaction. Transfers of ownership interests in the Obligations
<br />are to be accomplished by
<br /> 01 10/ ONOONO MM I V I M V COO) ID 1 to 1 .- I 001 .T 11, 1 Io 1 11
<br /> tDN0 00 1 N 1 010 to 1001-0 I w 1 01 I NCO ) I CIO I O O 1 O II
<br /> M I ro 11n 1D 1 ° I _ I I 1 M I ° 11 entries made on the books of Direct and Indirect Participants acting on behalf of Beneficial
<br /> N N 1 M ' ro ' ID ' � " Owners. Beneficial Owners will not receive certificates representing their ownership interests in
<br /> I M! 1 1 I I � 1 � I I I .9 II
<br /> I I 1 1 I I 1 I the Obligations, except in the event that use of the book-entry system for the Obligations is
<br /> M .- V O N V I V I t� M I O 1 Io 1 N to I V I N In 1 M 11
<br /> m M r° 0, , N , �, , ° ° , ° , discontinued.
<br /> �� 01 m 01 CO MID I t0 I O M I V I CD I OHO I I 1� 01 1 N 11
<br /> 4j 0)'O N T V 01 O IM
<br /> 0 I w 1 V V I CO I � 1 to �N I 1 O 01 1 II
<br /> r_ ° M M ^ ' T I ° 1 I ° 1 r 1 0 1 N I m II To facilitate subsequent transfers all Obligations deposited by Direct Participants
<br />with DTC are
<br /> O. O 7 N V N I I M 1 1n 1 M I. V N I 10 I Ip N 1 M 11 1
<br /> 10 L LL H - I - I _ I - I ^ I - I 1 v . 1 11 f
<br /> 00. � 1 N 1 M 1 M 1 � I w� l 1 M I N It registered in the name of DTC's partnership nominee, Cede & Co. or such other name as
<br /> requested by an authorized representative of DTC. The deposit of Obligations with DTC and
<br /> In° ° I N ; 1 m ; 1 °° their registration in the name of Cede & Co. or such other DTC nominee do not effect any
<br /> M O I N I to to I V I N 1 IA to to I to I m I-
<br /> 4J O II Ili 0t 1 1 v 1 1 e 1 o I N 1 ° m I II change in beneficial ownership. DTC has no knowledge of the actual Beneficial
<br />Owners of the
<br /> +� u N � I 1
<br /> "r•G 01 t0 t0 11 ID ti I V I N I In can M I 117 M I m II
<br /> ° > _ ° N 1 1 M 1 I o I I_c, 1 Z. 1 ° M 1 N II Obligations; DTC's records reflect only the identity of the Direct Participants to whose accounts
<br /> O L
<br /> °LL «� I _ I I - 1 .. 1 1 .. ° I such Obligations are credited, which may or may not be the Beneficial Owners. The Direct and
<br /> Cn I r l I r l I I I N 1 t- II
<br /> Indirect Participants will remain responsible for keeping account of their holdings on behalf of
<br /> r` o N o1 01 i ti ; U�M o i m Ir i o o i o 1 01 v 1 M their customers.
<br /> N
<br /> o O M o I V I M W 01 I m 1 "I 1 O V I to 1 m I O 11
<br /> 0) O O M I M I I V I m 1 O M I to I N 1l] 1 11
<br /> t0 7 D I. II
<br /> W r IV O v tD to N I I- I N r M I � 1 01 I 4 1 I Io 1 CO V 1 M 11
<br /> co ° > = <' N ' I M I 1 I 11 Conveyance of notices and other communications by DTC to Direct Participants by Direct
<br /> 2 m O) > 7 fA I N I 1 N 1 I 1 1 r N I < 11 1
<br /> ¢ 01 a 01 LL I I 1 I 1 1 I I H II
<br /> W I I I I 1 I 1 11 Participants to Indirect Participants and by Direct Participants and Indirect Participants to
<br /> ¢ I I I I I I I I II ,
<br /> m L Beneficial Owners will be governed by arrangements among them, subject to any statutory or
<br /> Z w I I I I 1 �"� I I I I I
<br /> m 1 M I v In In M m 1 In 1 m 1 0 1 I I m II regulatory requirements as may be in effect from time to time. Beneficial Owners of the
<br /> LL N N to N N V V V I � I m O to N O I OI 1 � 1 V M I IA 1 to V I O 11
<br /> O V In to M t0 I m I m N N IO O 1 " 1 1 -1" I M I - N 1 11 Obligations may wish to take certain steps to augment transmission to
<br />them of notices of
<br /> Z IO'O _ 1 I I -I 1 I - I I II
<br /> n.1 o L C M OmIOO N� I m I t-P ID M 11A 1 N 1 Iol-
<br /> a 1 1 �• tT 1 O 11
<br /> ° a = N M°N 2 1 o I N In V 1 1 M I m(4 1 1 < I II significant events with respect to the Obligations such as redemptions defaults and
<br />proposed
<br /> (n H LL Io N 1(1 I M I 1l7 01 V 1 0 1 N I I I t� I CO II f I 1
<br /> W 01 ^ I ^ I - 1 ^ 1 1 v l l 1 N 11
<br /> 0 m ° r 1 M I _ I M 1 1 1 1 1 It amendments to the security documents. Beneficial Owners of the Obligations may wish to
<br /> "' 1 1 1 1 1 1 1 1 11 ascertain that the nominee holding the Obligations for their benefit has agreed to obtain and
<br /> 0 W transmit notices to Beneficial Owners, or in the alternative, Beneficial Owners may wish to
<br /> Y a>. E provide their names and addresses to the Registrar and request that copies of the notices be
<br /> 0 co° `u provided directly to them.
<br /> S K Z L L
<br /> . °
<br /> zr •r +
<br /> Z a 3 Redemption notices shall be sent to DTC. If less than all of the Obligations within a maturity
<br /> to 0.Z a) a -- m In are being redeemed, DTC's practice is to determine by lot the amount of the interest of each
<br /> LL Lu2: w a`�i aL1=
<br /> p ^Z _ L p Direct Participant in such maturity to be redeemed.
<br /> z°M °°
<br /> U p Neither DTC nor Cede & Co. (nor such other DTC nominee) will consent or vote with respect to
<br /> W W N U N O
<br /> W_j� r L a) N In > C L. the Obligations. Under its usual procedures, DTC mails an Omnibus Proxy to the Registrar as
<br /> Cr¢W N U a) C 0)10 N N O C W 1
<br /> LL W L 4J o�C �' > m Y soon as possible after the record date. The Omnibus Proxy assigns Cede & Co.'s consenting
<br /> p 0 C L m O 0) m 7 7 C1 O) L 4-
<br /> N D, D, - LL LL = m ° L or voting rights to those Direct Participants to whose accounts the Obligations are credited on
<br /> H G a) > N In a-1 'D N 1f, a� ro
<br /> Z W X w ° 1- 0 d ° L L r �-r C the record date (identified in a listing attached to the Omnibus Proxy).
<br /> W 1� IO N a.1 C a.l L 10 O) O V 01 0) C O - C Y
<br /> Y 2 F- a•+ C 7 a.l M L L N L L ro C •r
<br /> W W C E 01 a1 N C C N = . 7 a1 Y I. N C 11.
<br /> H >, W L A L � E In 0) O) ro a.1 a.l >. 0 ro 00 r T G C O
<br /> ¢ I +� E 0)4J L O) O 0) E U N � U W to LL V X
<br /> ¢ L �,a = =w „ N _ _ ° _ E-� = w m Principal and interest payments on the Obligations will be made to Cede & Co. or such other
<br /> y W w In O) U L c 01 c L >. w III U c Ol M E O O L N 0) C
<br /> Y O. 0.0 E O►+ 7 0) O1�J 1n C r 01 W C O L 41 O) •� L m W /
<br /> 0 0 In = c L LL c > > °Y DI � °� a U L 4- r ° nominee as may be requested by an authorized representative of DTC. DTC's practice is to
<br /> W W L In IO L 0 L/ DI 0) In O W L 4.1 7 C X — U 4- 1.1 •� > 0) O)
<br /> 2 2 O. ¢ d 4- C > Q_' 0I() CO O C 0 > 01 W W = N N p 4- 0 V U
<br /> Z In , c ° ° L N a L E �, In L L �, _ = credit Direct Participants' accounts on the payable date in accordance with their respective
<br /> m m O In ro E Ix � - ro 01 0) O c 10 0) 0) O to t0 ro ,
<br /> X x N m A In (r 0) +1 m 10 ° ° = m In � -- d�4- ° -- 4) holdings shown on DTC's records, unless DTC has reason to believe that it will not receive
<br /> O O Q) L •r C L 0)N 0 L 4.) 1--r•� Y O N LL O) 0 fn 41 U ro ro
<br /> U LL 7 0) U O! O) L O) 0) 01 O � 0)r r y-._, L O N U C C O 1n L m m
<br /> ° _ >t c =S.0 L as a In L ° ro ro In ° payment on the payable date. Payments by Participants to Beneficial Owners will be governed
<br /> O) 0) O. J C L•r C a.1 W 0) 7 7 t0 t0 01 E 0) O) L L L O) O
<br /> C.7 m J..U LL.,o x c�a a a v o.. X � a 1•_ X m ; by standing instructions and customary practices, as is the case with securities held for the
<br /> W W 0 W LL IA. accounts of customers in bearer form or registered in 'street name," and will be the
<br /> responsibility of such Participant and not of DTC (nor its nominee), the Registrar, or the Issuer,
<br /> subject to any statutory or regulatory requirements as may be in effect from time to time.
<br /> Payment of principal and interest:to Cede & Co. (or such other nominee as may be requested
<br /> by an authorized representative of DTC) is the responsibility of the Registrar, disbursement of
<br /> IV-6 - 3 -
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