Common use of Interest Rate Calculations; Payments Clause in Contracts

Interest Rate Calculations; Payments. The interest rate borne by this Note will be determined as follows: (i) Unless the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any, in each case as specified on the face hereof. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date specified on the face hereof; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate; (ii) If the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that (y) the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date specified on the face hereof to the Maturity Date shall be the Fixed Interest Rate specified on the face hereof or, if no Fixed Interest Rate is so specified, the interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date; (iii) if the Interest Category of this Note is specified on the face hereof as an "Inverse Floating Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the Fixed Interest Rate minus the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any; provided, however, that, unless otherwise specified on the face hereof or in an Addendum hereto, the interest rate hereon shall not be less than zero. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate. The "Spread" is

Interest Rate Calculations; Payments. The interest rate borne by on this Note will be determined as follows: (i) Unless equal to the interest rate calculated by reference to the Interest Category of this Note is Rate Basis specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (ai) plus or minus the Spread, if any, and/or (bii) multiplied by the Spread Multiplier, if any, or (iii) plus or minus the Spread, if any and multiplied by the Spread Multiplier, if any. The "Spread" is the number of basis points (one basis point equals one one-hundredth of a percentage point) specified on the face hereof as being applicable to this Note, and the "Spread Multiplier" is the percentage specified on the face hereof as being applicable to this Note. Specified on the face hereof is the Interest Rate Basis and the Spread and/or Spread Multiplier, if any, and the maximum or minimum interest rate, if any, applicable to this Note. Specified on the face hereof are particulars as to the Calculation Agent (unless otherwise specified, Bank One, National Association (in such capacity, the "Calculation Agent")), Index Maturity, Original Issue Date, the interest rate in effect for the period from the Original Issue Date to the first Interest Reset Date specified on the face hereof (the "Initial Interest Rate"), Interest Determination Dates, Interest Payment Dates, Regular Record Dates and Interest Reset Dates with respect to this Note. Except as provided below, the Interest Payment Dates for the payment of interest and, if this Note is an Amortizing Note, principal on this Note will be (i) if this Note resets daily, weekly or monthly, the third Wednesday of each month or the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (ii) if this Note resets quarterly, the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (iii) if this Note resets semi-annually, the third Wednesday of the two months of each year specified on the face hereof; and (iv) if this Note resets annually, the third Wednesday of the one month of each year specified on the face hereof and, in each case case, at Maturity. If any Interest Payment Date, other than Maturity, for this Note is not a Business Day for this Note, such Interest Payment Date will be postponed to the next day that is a Business Day for this Note, except that if the Interest Rate Basis specified on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Payment Date will be the immediately preceding London Business Day. If the Maturity for this Note falls on a day that is not a Business Day, payment of principal, premium, if any, and interest to be made on such day with respect to this Note will be made on the next day that is a Business Day with the same force and effect as if made on the due date, and no additional interest will be payable on the date of payment for the period from and after the due date as a result of such delayed payment. The rate of interest on this Note will be reset daily, weekly, monthly, quarterly, semiannually or annually (such period being the "Reset Period" for this Note, and the first day of each Reset Period being an "Interest Reset Date"), as specified on the face hereof. Commencing Unless otherwise specified on the Initial Interest Reset Dateface hereof, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date will be, if this Note resets daily, each Business Day for this Note; if this Note resets weekly (unless the Interest Rate Basis specified on the face hereof is the Treasury Rate), the Wednesday of each week; if this Note resets weekly and the Interest Rate Basis specified on the face hereof is the Treasury Rate, the Tuesday of each week (except as specified below); if this Note resets monthly (unless the Interest Rate Basis specified on the face hereof is the 11th District Cost of Funds Rate), the third Wednesday of each month; if this Note resets monthly and the Interest Rate Basis specified on the face hereof is the 11th District Cost of Funds Rate, the first calendar day of the month; if this Note resets quarterly, the third Wednesday of each March, June, September and December; if this Note resets semi-annually, the third Wednesday of the two months of each year specified on the face hereof; and if this Note resets annually, the third Wednesday of the one month of each year specified on the face hereof; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to but excluding the Initial first Interest Reset Date shall will be the Initial Interest Rate; (ii) If the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that (y) the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date specified on the face hereof to the Maturity Date shall be the Fixed Interest Rate specified on the face hereof or, if no Fixed hereof. If the Interest Rate Reset Date is so specifiednot a Business Day for this Note, the interest rate in effect on Interest Reset Date will be postponed to the next day immediately preceding the Fixed Rate Commencement Date; (iii) that is a Business Day for this Note, except that if the Interest Category of this Note is Rate Basis specified on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Reset Date will be the immediately preceding London Business Day. Each adjusted rate will be applicable on and after the Interest Reset Date to which it relates to but excluding the next succeeding Interest Reset Date or until Maturity. The interest rate for each Reset Period will be the rate determined by the Calculation Agent on the Calculation Date (as defined below) pertaining to the Interest Determination Date pertaining to the Interest Reset Date for such Reset Period. Unless otherwise specified on the face hereof, the "Interest Determination Date" pertaining to an "Inverse Floating Interest Reset Date (a) if the Interest Rate Note", then, except as set forth below or Basis specified on the face hereof or in an Addendum heretois Commercial Paper Rate (the "Commercial Paper Interest Determination Date"), this Note shall bear interest at (b) if the Fixed Interest Rate minus the rate determined by reference to the applicable Interest Rate Basis specified on the face hereof is CD Rate (the "CD Interest Determination Date"), (c) if the Interest Rate Basis specified on the face hereof is CMT Rate (the "CMT Interest Determination Date"), (d) if the Interest Rate Basis specified on the face hereof is Federal Funds Rate (the "Federal Funds Interest Determination Date"), or Bases (ae) plus or minus if the SpreadInterest Rate Basis specified on the face hereof is Prime Rate (the "Prime Interest Determination Date"), if any, and/or (b) multiplied by will be the Spread Multiplier, if any; provided, however, that, unless second Business Day prior to such Interest Reset Date as specified on the face hereof. Unless otherwise specified on the face hereof or in an Addendum heretohereof, the interest rate hereon shall not be less than zero. Commencing on the Initial Interest Determination Date pertaining to an Interest Reset Date, if the rate at Interest Rate Basis specified on the face hereof is 11th District Cost of Funds Rate (the "11th District Interest Determination Date"), will be the last Business Day of the month immediately preceding such Interest Reset Date on which interest the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the Index (as defined below under "Determination of 11th District Cost of Funds Rate"). Unless otherwise specified on this Note shall be payable shall be reset as of each the face hereof, the Interest Determination Date pertaining to an Interest Reset Date; provided, however, that the interest rate in effect for the period, if anythe Interest Rate Basis specified on the face hereof is LIBOR (the "LIBOR Interest Determination Date"), from will be the Original Issue second London Business Day immediately preceding such Interest Reset Date. Unless otherwise specified on the face hereof, the Interest Determination Date pertaining to an Interest Reset Date, if the Initial Interest Rate Basis specified on the face hereof is Treasury Rate (the "Treasury Interest Determination Date"), will be the day of the week in which such Interest Reset Date shall falls on which Treasury bills would normally be auctioned. Treasury bills are usually sold at auction on Monday of each week, unless that day is a legal holiday, in which case the auction is usually held on the following Tuesday, except that such auction may be held on the preceding Friday. If an auction is so held on the preceding Friday, such Friday will be the Initial Treasury Interest RateDetermination Date pertaining to the Reset Period commencing in the next succeeding week. The Unless otherwise specified on the face hereof, the "SpreadCalculation Date" ispertaining to any Interest Determination Date will be the earlier of (i) the tenth calendar day after the Interest Determination Date or, if such day is not a Business Day, the next day that is a Business Day, or (ii) the Business Day preceding the applicable Interest Payment Date or Maturity, as the case may be.

Interest Rate Calculations; Payments. The interest rate borne by on this Senior Note will be determined as follows: (i) Unless equal to the interest rate calculated by reference to the Interest Category of this Note is Rate Basis specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (ai) plus or minus the Spread, if any, and/or (bii) multiplied by the Spread Multiplier, if any, or (iii) plus or minus the Spread, if any, and multiplied by the Spread Multiplier, if any. The "Spread" is the number of basis points (one basis point equals one one-hundredth of a percentage point) specified on the face hereof as being applicable to this Senior Note, and the "Spread Multiplier" is the percentage specified on the face hereof as being applicable to this Senior Note. Specified on the face hereof is the Interest Rate Basis and the Spread and/or Spread Multiplier, if any, and the maximum and/or minimum interest rate, if any, applicable to this Senior Note. Specified on the face hereof are particulars as to the Calculation Agent (unless otherwise specified, U.S. Bank National Association (in such capacity, the "Calculation Agent")), Index Maturity, Original Issue Date, the interest rate in effect for the period from the Original Issue Date to the first Interest Reset Date specified on the face hereof (the "Initial Interest Rate"), Interest Determination Dates, Interest Payment Dates, Regular Record Dates and Interest Reset Dates with respect to this Senior Note. Except as provided below, the Interest Payment Dates for the payment of interest and, if this Senior Note is an Amortizing Note, principal on this Senior Note will be: (i) if this Senior Note resets daily, weekly or monthly, the third Wednesday of each month or the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (ii) if this Senior Note resets quarterly, the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (iii) if this Senior Note resets semi-annually, the third Wednesday of each of the two months of each year specified on the face hereof; and (iv) if this Senior Note resets annually, the third Wednesday of the one month of each year specified on the face hereof; and, in each case, at Maturity. If any Interest Payment Date, other than Maturity, for this Senior Note is not a Business Day for this Senior Note, such Interest Payment Date will be postponed to the next succeeding Business Day for this Senior Note, except that if the Interest Rate Basis specified on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Payment Date will be the immediately preceding Business Day, in each case with the same force and effect as if made on the Interest Payment Date. If the Maturity for this Senior Note falls on a day that is not a Business Day, then payment of principal, premium, if any, or interest need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the due date, and no additional interest will be payable for the period from and after the due date as a result of such delayed payment. The rate of interest on this Senior Note will be reset daily, weekly, monthly, quarterly, semi-annually or annually (such period being the "Reset Period" for this Senior Note, and the first day of each Reset Period being an "Interest Reset Date"), as specified on the face hereof. Commencing Unless otherwise specified on the Initial Interest Reset Dateface hereof, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date will be: (i) if this Senior Note resets daily, each Business Day for this Senior Note; (ii) if this Senior Note resets weekly (unless the Interest Rate Basis specified on the face hereof is the Treasury Rate), the Wednesday of each week; (iii) if this Senior Note resets weekly and the Interest Rate Basis specified on the face hereof is the Treasury Rate, the Tuesday of each week (except as specified below); (iv) if this Senior Note resets monthly (unless the Interest Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate), the third Wednesday of each month; (v) if this Senior Note resets monthly and the Interest Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate, the first calendar day of each month; (vi) if this Senior Note resets quarterly, the third Wednesday of each March, June, September and December; (vii) if this Senior Note resets semi-annually, the third Wednesday of each of the two months of each year specified on the face hereof; and (viii) if this Senior Note resets annually, the third Wednesday of the one month of each year specified on the face hereof; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to but excluding the Initial first Interest Reset Date shall will be the Initial Interest Rate; (ii) Rate specified on the face hereof. If the Interest Category of Reset Date is not a Business Day for this Note is Senior Note, the Interest Reset Date will be postponed to the next succeeding Business Day for this Senior Note, except that if the Interest Rate Basis specified on the face hereof as a "Floating Rate/Fixed Rate Note"is LIBOR, thenif such Business Day is in the next succeeding calendar month, except as set forth below such Interest Reset Date will be the immediately preceding London Business Day. Each adjusted rate will be applicable on and after the Interest Reset Date to which it relates to but excluding the next succeeding Interest Reset Date or specified on the face hereof or in an Addendum hereto, this Note shall bear until Maturity. The interest at rate for each Reset Period will be the rate determined by reference the Calculation Agent on the Calculation Date (as defined below) pertaining to the applicable Interest Rate Basis or Bases (a) plus or minus Determination Date pertaining to the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Date for such Reset DatePeriod; provided, however, that (y) if the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date Basis specified on the face hereof is LIBOR or the Eleventh District Cost of Funds Rate, such rate will be determined on the applicable Interest Determination Date. Unless otherwise specified on the face hereof, the "Interest Determination Date" pertaining to an Interest Reset Date will be: (i) if the Maturity Date shall be the Fixed Interest Rate Basis specified on the face hereof oris the Commercial Paper Rate (the "Commercial Paper Interest Determination Date"), the Federal Funds Rate (the "Federal Funds Interest Determination Date") or the Prime Rate (the "Prime Interest Determination Date"), the Business Day immediately preceding such Interest Reset Date; (ii) if no Fixed the Interest Rate Basis specified on the face hereof is so specifiedthe CD Rate (the "CD Interest Determination Date") or the CMT Rate (the "CMT Interest Determination Date"), the interest rate in effect on the day second Business Day immediately preceding the Fixed Rate Commencement such Interest Reset Date; (iii) if the Interest Category of this Note is Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate (the "Eleventh District Interest Determination Date"), the last Business Day of the month immediately preceding such Interest Reset Date on which the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the FHLB Index (as an defined below under "Inverse Floating Determination of Eleventh District Cost of Funds Rate"); (iv) if the Interest Rate Note", then, except as set forth below or Basis specified on the face hereof or in an Addendum heretois LIBOR (the "LIBOR Interest Determination Date"), this Note shall bear interest at the Fixed second London Business Day immediately preceding such Interest Rate minus Reset Date; and (v) if the rate determined by reference to the applicable Interest Rate Basis or Bases specified on the face hereof is the Treasury Rate (a) plus or minus the Spread"Treasury Interest Determination Date"), if any, and/or (b) multiplied by the Spread Multiplier, if any; provided, however, thatday of the week in which such Interest Reset Date falls on which Treasury bills would normally be auctioned. Treasury bills are usually sold at auction on Monday of each week, unless that day is a legal holiday, in which case the auction is usually held on the following Tuesday, except that such auction may be held on the preceding Friday. If an auction is so held on the preceding Friday, such Friday will be the Treasury Interest Determination Date pertaining to the Reset Period commencing in the next succeeding week. Unless otherwise specified on the face hereof or in an Addendum heretohereof, the interest rate hereon shall "Calculation Date" pertaining to any Interest Determination Date will be the earlier of (i) the tenth calendar day after the Interest Determination Date or, if such day is not be less than zero. Commencing on the Initial Interest Reset Datea Business Day, the rate at which interest on this Note shall be payable shall be reset next succeeding Business Day, and (ii) the Business Day preceding the applicable Interest Payment Date or Maturity, as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate. The "Spread" iscase may be.

Interest Rate Calculations; Payments. The interest rate borne by on this Subordinated Note will be determined as follows: (i) Unless equal to the interest rate calculated by reference to the Interest Category of this Note is Rate Basis specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (ai) plus or minus the Spread, if any, and/or (bii) multiplied by the Spread Multiplier, if any, or (iii) plus or minus the Spread, if any, and multiplied by the Spread Multiplier, if any. The "Spread" is the number of basis points (one basis point equals one one-hundredth of a percentage point) specified on the face hereof as being applicable to this Subordinated Note, and the "Spread Multiplier" is the percentage specified on the face hereof as being applicable to this Subordinated Note. Specified on the face hereof is the Interest Rate Basis and the Spread and/or Spread Multiplier, if any, and the maximum and/or minimum interest rate, if any, applicable to this Subordinated Note. Specified on the face hereof are particulars as to the Calculation Agent (unless otherwise specified, U.S. Bank National Association (in such capacity, the "Calculation Agent")), Index Maturity, Original Issue Date, the interest rate in effect for the period from the Original Issue Date to the first Interest Reset Date specified on the face hereof (the "Initial Interest Rate"), Interest Determination Dates, Interest Payment Dates, Regular Record Dates and Interest Reset Dates with respect to this Subordinated Note. Except as provided below, the Interest Payment Dates for the payment of interest and, if this Subordinated Note is an Amortizing Note, principal on this Subordinated Note will be: (i) if this Subordinated Note resets daily, weekly or monthly, the third Wednesday of each month or the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (ii) if this Subordinated Note resets quarterly, the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (iii) if this Subordinated Note resets semi-annually, the third Wednesday of each of the two months of each year specified on the face hereof; and (iv) if this Subordinated Note resets annually, the third Wednesday of the one month of each year specified on the face hereof; and, in each case, at Maturity. If any Interest Payment Date, other than Maturity, for this Subordinated Note is not a Business Day for this Subordinated Note, such Interest Payment Date will be postponed to the next succeeding Business Day for this Subordinated Note, except that if the Interest Rate Basis specified on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Payment Date will be the immediately preceding Business Day, in each case with the same force and effect as if made on the Interest Payment Date. If the Maturity for this Subordinated Note falls on a day that is not a Business Day, then payment of principal, premium, if any, or interest need not be made on such date but may be made on the next succeeding Business Day with the same force and effect as if made on the due date, and no additional interest will be payable for the period from and after the due date as a result of such delayed payment. The rate of interest on this Subordinated Note will be reset daily, weekly, monthly, quarterly, semi-annually or annually (such period being the "Reset Period" for this Subordinated Note, and the first day of each Reset Period being an "Interest Reset Date"), as specified on the face hereof. Commencing Unless otherwise specified on the Initial Interest Reset Dateface hereof, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date will be: (i) if this Subordinated Note resets daily, each Business Day for this Subordinated Note; (ii) if this Subordinated Note resets weekly (unless the Interest Rate Basis specified on the face hereof is the Treasury Rate), the Wednesday of each week; (iii) if this Subordinated Note resets weekly and the Interest Rate Basis specified on the face hereof is the Treasury Rate, the Tuesday of each week (except as specified below); (iv) if this Subordinated Note resets monthly (unless the Interest Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate), the third Wednesday of each month; (v) if this Subordinated Note resets monthly and the Interest Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate, the first calendar day of each month; (vi) if this Subordinated Note resets quarterly, the third Wednesday of each March, June, September and December; (vii) if this Subordinated Note resets semi-annually, the third Wednesday of each of the two months of each year specified on the face hereof; and (viii) if this Subordinated Note resets annually, the third Wednesday of the one month of each year specified on the face hereof; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to but excluding the Initial first Interest Reset Date shall will be the Initial Interest Rate; (ii) Rate specified on the face hereof. If the Interest Category of Reset Date is not a Business Day for this Note is Subordinated Note, the Interest Reset Date will be postponed to the next succeeding Business Day for this Subordinated Note, except that if the Interest Rate Basis specified on the face hereof as a "Floating Rate/Fixed Rate Note"is LIBOR, thenif such Business Day is in the next succeeding calendar month, except as set forth below such Interest Reset Date will be the immediately preceding London Business Day. Each adjusted rate will be applicable on and after the Interest Reset Date to which it relates to but excluding the next succeeding Interest Reset Date or specified on the face hereof or in an Addendum hereto, this Note shall bear until Maturity. The interest at rate for each Reset Period will be the rate determined by reference the Calculation Agent on the Calculation Date (as defined below) pertaining to the applicable Interest Rate Basis or Bases (a) plus or minus Determination Date pertaining to the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Date for such Reset DatePeriod; provided, however, that (y) if the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date Basis specified on the face hereof is LIBOR or the Eleventh District Cost of Funds Rate, such rate will be determined on the applicable Interest Determination Date. Unless otherwise specified on the face hereof, the "Interest Determination Date" pertaining to an Interest Reset Date will be: (i) if the Maturity Date shall be the Fixed Interest Rate Basis specified on the face hereof oris the Commercial Paper Rate (the "Commercial Paper Interest Determination Date"), the Federal Funds Rate (the "Federal Funds Interest Determination Date") or the Prime Rate (the "Prime Interest Determination Date"), the Business Day immediately preceding such Interest Reset Date; (ii) if no Fixed the Interest Rate Basis specified on the face hereof is so specifiedthe CD Rate (the "CD Interest Determination Date") or the CMT Rate (the "CMT Interest Determination Date"), the interest rate in effect on the day second Business Day immediately preceding the Fixed Rate Commencement such Interest Reset Date; (iii) if the Interest Category of this Note is Rate Basis specified on the face hereof is the Eleventh District Cost of Funds Rate (the "Eleventh District Interest Determination Date"), the last Business Day of the month immediately preceding such Interest Reset Date on which the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the FHLB Index (as an defined below under "Inverse Floating Determination of Eleventh District Cost of Funds Rate"); (iv) if the Interest Rate Note", then, except as set forth below or Basis specified on the face hereof or in an Addendum heretois LIBOR (the "LIBOR Interest Determination Date"), this Note shall bear interest at the Fixed second London Business Day immediately preceding such Interest Rate minus Reset Date; and (v) if the rate determined by reference to the applicable Interest Rate Basis or Bases specified on the face hereof is the Treasury Rate (a) plus or minus the Spread"Treasury Interest Determination Date"), if any, and/or (b) multiplied by the Spread Multiplier, if any; provided, however, thatday of the week in which such Interest Reset Date falls on which Treasury bills would normally be auctioned. Treasury bills are usually sold at auction on Monday of each week, unless that day is a legal holiday, in which case the auction is usually held on the following Tuesday, except that such auction may be held on the preceding Friday. If an auction is so held on the preceding Friday, such Friday will be the Treasury Interest Determination Date pertaining to the Reset Period commencing in the next succeeding week. Unless otherwise specified on the face hereof or in an Addendum heretohereof, the interest rate hereon shall "Calculation Date" pertaining to any Interest Determination Date will be the earlier of (i) the tenth calendar day after the Interest Determination Date or, if such day is not be less than zero. Commencing on the Initial Interest Reset Datea Business Day, the rate at which interest on this Note shall be payable shall be reset next succeeding Business Day, and (ii) the Business Day preceding the applicable Interest Payment Date or Maturity, as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the Initial Interest Reset Date shall be the Initial Interest Rate. The "Spread" iscase may be.

Interest Rate Calculations; Payments. The interest rate borne by on this Note will be determined as follows: equal to either (i) Unless the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined calculated by reference to the applicable specified Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or or (bii) the interest rate calculated by reference to the specified Interest Rate Basis multiplied by the Spread Multiplier, if any. The "Spread" is the number of basis points (one basis point equals one-hundredth of a percentage point) specified on the face hereof as being applicable to this Note, and the "Spread Multiplier" is the percentage specified on the face hereof as being applicable to this Note. Set forth on the face hereof are the Interest Rate Basis and the Spread or Spread Multiplier, if any, and the maximum or minimum interest rate limitation, if any, applicable to this Note. Set forth on the face hereof are particulars as to the Calculation Agent (unless specified otherwise, State Street Bank and Trust Company (in such capacity, the "Calculation Agent")), Index Maturity, Original Issue Date, interest rate in effect for the period from the Original Issue Date to the first Interest Reset Date set forth on the face hereof (the "Initial Interest Rate"), Interest Determination Dates, Interest Payment Dates, Regular Record Dates and Interest Reset Dates with respect to this Note. Except as provided below, interest on this Note will be payable (i) if this Note resets daily, weekly or monthly, on the third Wednesday of each month or on the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (ii) if this Note resets quarterly, on the third Wednesday of March, June, September and December of each year; (iii) if this Note resets semi-annually, on the third Wednesday of each of two months of each year specified on the face hereof; and (iv) if this Note resets annually, on the third Wednesday of one month of each year specified on the face hereof (each such day being an "Interest Payment Date"), and in each case at Maturity. If any Interest Payment Date, other than Maturity, for this Note would otherwise be a day that is not a Business Day, such Interest Payment Date shall be postponed to the next day that is a Business Day, except that if this Note is a LIBOR Note, if such Business Day is in the next succeeding calendar month, such Interest Payment Date shall be the immediately preceding Business Day. If the Maturity for this Note falls on a day that is not a Business Day, payment of principal, premium, if any, and interest with respect to this Note will be made on the next succeeding Business Day with the same force and effect as if made on the due date, and no additional interest shall be payable as a result of such delayed payment. The rate of interest on this Note will be reset daily, weekly, monthly, quarterly, semi-annually or annually (such period being the "Reset Period" for such Note, and the first day of each Reset Period being an "Interest Reset Date"), as specified on the face hereof. Commencing The Interest Reset Dates will be, if this Note resets daily, each Business Day; if this Note resets weekly (unless the Interest Rate Basis on the Initial face hereof is the Treasury Rate), the Wednesday of each week; if this Note resets weekly and the Interest Rate Basis on the face hereof is the Treasury Rate, the Tuesday of each week, except as provided in the next succeeding paragraph; if this Note resets monthly (unless the Interest Rate Basis on the face hereof is the 11th District Cost of Funds Rate), the third Wednesday of each month; if this Note resets monthly and the Interest Rate Basis on the face hereof is the 11th District Cost of Funds Rate, the first calendar day of the month; if this Note resets quarterly, the third Wednesday of each March, June, September and December; if this Note resets semi-annually, the third Wednesday of the two months of each year specified on the face hereof; and if this Note resets annually, the third Wednesday of one month of each year specified on the face hereof. If the Interest Reset Date would otherwise be a day that is not a Business Day, the Interest Reset Date shall be postponed to the next day that is a Business Day, except that if the Interest Rate Basis on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Reset Date shall be the immediately preceding Business Day. The interest rate in effect on each day will be (a) if such day is an Interest Reset Date, the interest rate at which interest on this Note shall be payable shall be reset as of each with respect to the Interest Determination Date pertaining to such Interest Reset Date, or (b) if such day is not an Interest Reset Date, the interest rate with respect to the Interest Determination Date specified pertaining to the next preceding Interest Reset Date, subject in either case to any maximum or minimum interest rate limitation referred to on the face hereof and to any adjustment by a Spread or a Spread Multiplier referred to on the face hereof; provided, however, that the interest rate in effect for the period, if any, period from and including the Original Issue Date to but excluding the Initial Interest Reset Date shall be the Initial Interest Rate; (ii) If the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that (y) the interest rate in effect for the period, if any, from the Original Issue Date to the Initial first Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date specified on the face hereof to the Maturity Date shall be the Fixed Interest Rate specified on the face hereof or, if no Fixed Interest Rate is so specified, the hereof. The interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date; (iii) if the Interest Category of this Note is specified on the face hereof as an "Inverse Floating Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the Fixed Interest Rate minus for each Reset Period will be the rate determined by reference the Calculation Agent on the Calculation Date (as defined below) pertaining to the applicable Interest Rate Basis or Bases (a) plus or minus Determination Date pertaining to the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any; provided, however, that, unless Interest Reset Date for such Reset Period. Unless otherwise specified on the face hereof or in an Addendum heretohereof, the interest rate hereon shall not "Interest Determination Date" pertaining to an Interest Reset Date for (a) a Commercial Paper Rate Note (the "Commercial Paper Interest Determination Date"), (b) a Federal Funds Rate Note (the "Federal Funds Interest Determination Date"), (c) a CD Rate Note (the "CD Interest Determination Date'), (d) a Prime Rate Note (the "Prime Interest Determination Date"), (e) a CMT Rate Note (the "CMT Interest Determination Date"), or (f) a Xxxxx Rate Note (the "Xxxxx Rate Interest Determination Date") will be less than zero. Commencing on the Initial second Business Day prior to such Interest Reset Date. Unless otherwise specified on the face hereof, the rate at Interest Determination Date pertaining to an Interest Reset Date for an 11th District Cost of Funds Rate Note (the "11th District Interest Determination Date") will be the last Business Day of the month immediately preceding such Interest Reset Date on which interest the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the Index (as defined below). Unless otherwise specified on this the face hereof, the Interest Determination Date pertaining to an Interest Reset Date for a LIBOR Note shall (the "LIBOR Interest Determination Date") will be payable shall be reset as of each the second London Business Day immediately preceding such Interest Reset Date; provided. Unless otherwise specified on the face hereof, howeverthe Interest Determination Date pertaining to an Interest Reset Date for a Treasury Rate Note (the "Treasury Interest Determination Date") will be the day of the week in which such Interest Reset Date falls on which Treasury bills would normally be auctioned. Treasury bills are usually sold at auction on Monday of each week, unless that day is a legal holiday, in which case the interest rate in effect for auction is usually held on the periodfollowing Tuesday, if anyexcept that such auction may be held on the preceding Friday. If, from as a result of a legal holiday, an auction is so held on the Original Issue preceding Friday, such Friday will be the Treasury Interest Determination Date pertaining to the Initial Reset Period commencing in the next succeeding week. If an auction date shall fall on any Interest Reset Date for a Treasury Rate Note, then such Interest Reset Date shall instead be the Initial first Business Day immediately following such auction date. Unless otherwise specified on the face hereof, the "Calculation Date" pertaining to any Interest Rate. The "Spread" isDetermination Date shall be the earlier of (i) the tenth calendar day after the Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day, or (ii) the Business Day preceding the applicable Interest Payment Date or Maturity, as the case may be.

Interest Rate Calculations; Payments. The interest rate borne by on this Note will be determined as follows: equal to either (i) Unless the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note" or an "Inverse Floating Rate Note" or the face hereof specifies that either "Other/Additional Provisions" or an Addendum hereto applies, in each case, relating to a different interest rate formula, this Note shall be designated as a "Regular Floating Rate Note" and, except as set forth below or specified on the face hereof or in an Addendum hereto, shall bear interest at the rate determined calculated by reference to the applicable specified Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or or (bii) the interest rate calculated by reference to the specified Interest Rate Basis multiplied by the Spread Multiplier, if any. The "Spread" is the number of basis points (one basis point equals one-hundredth of a percentage point) specified on the face hereof as being applicable to this Note, and the "Spread Multiplier" is the percentage specified on the face hereof as being applicable to this Note. Set forth on the face hereof are the Interest Rate Basis and the Spread or Spread Multiplier, if any, and the maximum or minimum interest rate limitation, if any, applicable to this Note. Set forth on the face hereof are particulars as to the Calculation Agent (unless specified otherwise, State Street Bank and Trust Company (in such capacity, the "Calculation Agent")), Index Maturity, Original Issue Date, interest rate in effect for the period from the Original Issue Date to the first Interest Reset Date set forth on the face hereof (the "Initial Interest Rate"), Interest Determination Dates, Interest Payment Dates, Regular Record Dates and Interest Reset Dates with respect to this Note. Except as provided below, interest on this Note will be payable (i) if this Note resets daily, weekly or monthly, on the third Wednesday of each month or on the third Wednesday of March, June, September and December of each year, as specified on the face hereof; (ii) if this Note resets quarterly, on the third Wednesday of March, June, September and December of each year; (iii) if this Note resets semi-annually, on the third Wednesday of each of two months of each year specified on the face hereof; and (iv) if this Note resets annually, on the third Wednesday of one month of each year specified on the face hereof (each such day being an "Interest Payment Date"), and in each case at Maturity. If any Interest Payment Date, other than Maturity, for this Note would otherwise be a day that is not a Business Day, such Interest Payment Date shall be postponed to the next day that is a Business Day, except that if this Note is a LIBOR Note, if such Business Day is in the next succeeding calendar month, such Interest Payment Date shall be the immediately preceding Business Day. If the Maturity for this Note falls on a day that is not a Business Day, payment of principal, premium, if any, and interest with respect to this Note will be made on the next succeeding Business Day with the same force and effect as if made on the due date, and no additional interest shall be payable as a result of such delayed payment. The rate of interest on this Note will be reset daily, weekly, monthly, quarterly, semi-annually or annually (such period being the "Reset Period" for such Note, and the first day of each Reset Period being an "Interest Reset Date"), as specified on the face hereof. Commencing The Interest Reset Dates will be, if this Note resets daily, each Business Day; if this Note resets weekly (unless the Interest Rate Basis on the Initial face hereof is the Treasury Rate), the Wednesday of each week; if this Note resets weekly and the Interest Rate Basis on the face hereof is the Treasury Rate, the Tuesday of each week, except as provided in the next succeeding paragraph; if this Note resets monthly (unless the Interest Rate Basis on the face hereof is the 11th District Cost of Funds Rate), the third Wednesday of each month; if this Note resets monthly and the Interest Rate Basis on the face hereof is the 11th District Cost of Funds Rate, the first calendar day of the month; if this Note resets quarterly, the third Wednesday of each March, June, September and December; if this Note resets semi-annually, the third Wednesday of the two months of each year specified on the face hereof; and if this Note resets annually, the third Wednesday of one month of each year specified on the face hereof. If the Interest Reset Date would otherwise be a day that is not a Business Day, the Interest Reset Date shall be postponed to the next day that is a Business Day, except that if the Interest Rate Basis on the face hereof is LIBOR, if such Business Day is in the next succeeding calendar month, such Interest Reset Date shall be the immediately preceding Business Day. The interest rate in effect on each day will be (a) if such day is an Interest Reset Date, the interest rate at which interest on this Note shall be payable shall be reset as of each with respect to the Interest Determination Date pertaining to such Interest Reset Date, or (b) if such day is not an Interest Reset Date, the interest rate with respect to the Interest Determination Date specified pertaining to the next preceding Interest Reset Date, subject in either case to any maximum or minimum interest rate limitation referred to on the face hereof and to any adjustment by a Spread or a Spread Multiplier referred to on the face hereof; provided, however, that the interest rate in effect for the period, if any, period from and including the Original Issue Date to but excluding the Initial Interest Reset Date shall be the Initial Interest Rate; (ii) If the Interest Category of this Note is specified on the face hereof as a "Floating Rate/Fixed Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the rate determined by reference to the applicable Interest Rate Basis or Bases (a) plus or minus the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any. Commencing on the Initial Interest Reset Date, the rate at which interest on this Note shall be payable shall be reset as of each Interest Reset Date; provided, however, that (y) the interest rate in effect for the period, if any, from the Original Issue Date to the Initial first Interest Reset Date shall be the Initial Interest Rate and (z) the interest rate in effect for the period commencing on the Fixed Rate Commencement Date specified on the face hereof to the Maturity Date shall be the Fixed Interest Rate specified on the face hereof or, if no Fixed Interest Rate is so specified, the hereof. The interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date; (iii) if the Interest Category of this Note is specified on the face hereof as an "Inverse Floating Rate Note", then, except as set forth below or specified on the face hereof or in an Addendum hereto, this Note shall bear interest at the Fixed Interest Rate minus for each Reset Period will be the rate determined by reference the Calculation Agent on the Calculation Date (as defined below) pertaining to the applicable Interest Rate Basis or Bases (a) plus or minus Determination Date pertaining to the Spread, if any, and/or (b) multiplied by the Spread Multiplier, if any; provided, however, that, unless Interest Reset Date for such Reset Period. Unless otherwise specified on the face hereof or in an Addendum heretohereof, the interest rate hereon shall not "Interest Determination Date" pertaining to an Interest Reset Date for (a) a Commercial Paper Rate Note (the "Commercial Paper Interest Determination Date"), (b) a Federal Funds Rate Note (the "Federal Funds Interest Determination Date"), (c) a CD Rate Note (the "CD Interest Determination Date'), (d) a Prime Rate Note (the "Prime Interest Determination Date"), (e) a CMT Rate Note (the "CMT Interest Determination Date"), or (f) a Kennx Xxxe Note (the "Kennx Xxxe Interest Determination Date") will be less than zero. Commencing on the Initial second Business Day prior to such Interest Reset Date. Unless otherwise specified on the face hereof, the rate at Interest Determination Date pertaining to an Interest Reset Date for an 11th District Cost of Funds Rate Note (the "11th District Interest Determination Date") will be the last Business Day of the month immediately preceding such Interest Reset Date on which interest the Federal Home Loan Bank of San Francisco (the "FHLB of San Francisco") publishes the Index (as defined below). Unless otherwise specified on this the face hereof, the Interest Determination Date pertaining to an Interest Reset Date for a LIBOR Note shall (the "LIBOR Interest Determination Date") will be payable shall be reset as of each the second London Business Day immediately preceding such Interest Reset Date; provided. Unless otherwise specified on the face hereof, howeverthe Interest Determination Date pertaining to an Interest Reset Date for a Treasury Rate Note (the "Treasury Interest Determination Date") will be the day of the week in which such Interest Reset Date falls on which Treasury bills would normally be auctioned. Treasury bills are usually sold at auction on Monday of each week, unless that day is a legal holiday, in which case the interest rate in effect for auction is usually held on the periodfollowing Tuesday, if anyexcept that such auction may be held on the preceding Friday. If, from as a result of a legal holiday, an auction is so held on the Original Issue preceding Friday, such Friday will be the Treasury Interest Determination Date pertaining to the Initial Reset Period commencing in the next succeeding week. If an auction date shall fall on any Interest Reset Date for a Treasury Rate Note, then such Interest Reset Date shall instead be the Initial first Business Day immediately following such auction date. Unless otherwise specified on the face hereof, the "Calculation Date" pertaining to any Interest Rate. The "Spread" isDetermination Date shall be the earlier of (i) the tenth calendar day after the Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day, or (ii) the Business Day preceding the applicable Interest Payment Date or Maturity, as the case may be.