Common use of OPTION TO ELECT REPAYMENT Clause in Contracts

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably request(s) and instruct(s) the Bank to repay this Subordinated Note (or portion hereof specified below) pursuant to its terms at a price equal to 100% of the principal amount hereof to be repaid, together with accrued and unpaid interest hereon, payable to the date of repayment, to the undersigned, ____________________________________________ _____________________________________________________________________________. (Please print or typewrite name and address of the undersigned) For this Subordinated Note to be repaid, the undersigned must give to the Issuing and Paying Agent at its offices located at 450 West 33rd Street, New York, New York 10001, Attention: Global Trusx Xxxxxxxxxx Xxxxx, xx xx xxxx xxxxx xxxxx xx places of which the Bank shall from time to time notify the holders of the Subordinated Notes, not more than 60 days nor less than 30 days prior notice to the date of repayment, with this "Option to Elect Repayment" form duly completed. If less than the entire principal amount of this Subordinated Note is to be repaid, specify the portion hereof (which shall be increments of $1,000) which the holder elects to have repaid and specify the denomination or denominations (which shall be $250,000 or an integral multiple of $1,000 in excess thereof) of the Subordinated Notes to be issued to the holder for the portion of this Subordinated Note not being repaid (in the absence of any such specification, one such Subordinated Note will be issued for the portion not being repaid): $ ------------------------------ ------------------------------ NOTICE: The signature on this Dated: "Option to Elect Repayment" form must ------------------------ correspond with the name as written upon the face of the within Subordinated Note in every particular, without alteration or enlargement or any change whatsoever. -------------------------------- Signature Guarantee

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably request(s) and instruct(s) the Bank to repay this Subordinated Note (or portion hereof specified below) pursuant to its terms at a price equal to 100% of the principal amount hereof to be repaid, together with accrued and unpaid interest hereon, payable to the date of repayment, to the undersigned, ____________________________________________ _____________________________________________________________________________at . (Please print or typewrite name and address of the undersigned) For this Subordinated Note to be repaid, the undersigned must give to the Issuing and Paying Agent at its offices currently located at 450 West 33rd Street000 Xxxxxxxxx Xxxxxx Xxxx, New YorkX0-XX00-00-0, New York 10001Xxxxxxxxxx, Xxxxxxxxxxxx 00000, Attention: Global Trusx Xxxxxxxxxx XxxxxSecurities Settlement, xx xx xxxx xxxxx xxxxx xx or at such other place or places of which the Bank shall from time to time notify the holders holder of the this Subordinated NotesNote, not more than 60 days nor less than 30 days prior notice to the date of repayment, with this "“Option to Elect Repayment" ” form duly completed. If less than the entire principal amount of this Subordinated Note is to be repaid, specify the portion hereof (which shall be increments of $1,000) which the holder elects to have repaid and specify the denomination or denominations (which shall be $250,000 or an integral multiple of $1,000 in excess thereof) of the Subordinated Notes to be issued to the holder for the portion of this Subordinated Note not being repaid (in the absence of any such specification, one such Subordinated Note will be issued for the portion not being repaid): $ ------------------------------ ------------------------------ Dated: NOTICE: The signature on this Dated: "“Option to Elect Repayment" ” form must ------------------------ correspond with the name name, as written upon the face of the within Subordinated Note in every particular, without alteration or enlargement or any change whatsoever. -------------------------------- Signature Guarantee.

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably request(s) and instruct(s) the Bank to repay this Subordinated Note (or portion hereof specified below) pursuant to its terms at a price equal to 100% of the principal amount hereof to be repaid, together with accrued and unpaid interest hereon, payable to the date of repayment, to the undersigned, ___________at _________________________________ _____________________________________________________________________________. (Please print or typewrite name and address of the undersigned) For this Subordinated Note to be repaid, the undersigned must give to the Issuing Fiscal and Paying Agent at its offices located at 450 West 33rd Street0000 Xxxxxxxxx Xxxxxxx, New YorkXxxxx 000, New York 10001Xxxxxxxxxx, Xxxxxxx 00000, Attention: Global Trusx Xxxxxxxxxx XxxxxCorporate Trust Department, xx xx xxxx xxxxx xxxxx xx Telecopy: (000) 000-0000, or at such other place or places of which the Bank shall from time to time notify the holders holder of the Subordinated Notesthis Note, not more than 60 days nor less than 30 days prior notice to the date of repayment, with this "“Option to Elect Repayment" ” form duly completed. If less than the entire principal amount of this Subordinated Note is to be repaid, specify the portion hereof (which shall be increments of $1,000) which the holder elects to have repaid and specify the denomination or denominations (which shall be $250,000 or an integral multiple of $1,000 in excess thereof) of the Subordinated Notes to be issued to the holder for the portion of this Subordinated Note not being repaid (in the absence of any such specification, one such Subordinated Note will be issued for the portion not being repaid): $ ------------------------------ ------------------------------ $______________________________ ______________________________ NOTICE: The signature on this Dated: "________________________ “Option to Elect Repayment" ” form must ------------------------ correspond with the name as written upon the face of the within Subordinated Note in every particular, without alteration or enlargement or any change whatsoever. -------------------------------- ________________________________ Signature Guarantee

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably request(s) and instruct(s) the Bank to repay this Subordinated Note (or portion hereof specified below) pursuant to its terms at a price equal to 100% of the principal amount hereof to be repaid, together with accrued and unpaid interest hereon, payable to the date of repayment, to the undersigned, ____________________________________________ _____________________________________________________________________________at . (Please print or typewrite name and address of the undersigned) For this Subordinated Note to be repaid, the undersigned must give to the Issuing and Paying Agent at its offices currently located at 450 West 33rd Street000 Xxxxxxxxx Xxxxxx Xxxx, New YorkX0-XX00-00-0, New York 10001Xxxxxxxxxx, Xxxxxxxxxxxx 00000, Attention: Global Trusx Xxxxxxxxxx XxxxxSecurities Settlement, xx xx xxxx xxxxx xxxxx xx or at such other place or places of which the Bank shall from time to time notify the holders holder of the this Subordinated NotesNote, not more than 60 days nor less than 30 days prior notice to the date of repayment, with this "“Option to Elect Repayment" ” form duly completed. If less than the entire principal amount of this Subordinated Note is to be repaid, specify the portion hereof (which shall be increments of $1,000) which the holder elects to have repaid and specify the denomination or denominations (which shall be $250,000 or an integral multiple of $1,000 in excess thereof) of the Subordinated Notes to be issued to the holder for the portion of this Subordinated Note not being repaid (in the absence of any such specification, one such Subordinated Note will be issued for the portion not being repaid): $ ------------------------------ ------------------------------ Dated: NOTICE: The signature on this Dated: "“Option to Elect Repayment" ” form must ------------------------ correspond with the name name, as written upon the face of the within Subordinated Note in every particular, without alteration or enlargement or any change whatsoever. -------------------------------- Signature Guarantee

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably request(s) and instruct(s) the Bank to repay this Subordinated Note (or portion hereof specified below) pursuant to its terms at a price equal to 100% of the principal amount hereof to be repaid, together with accrued and unpaid interest hereon, payable to the date of repayment, to the undersigned, _at ___________________________________________ _____________________________________________________________________________. (Please print or typewrite name and address of the undersigned) For this Subordinated Note to be repaid, the undersigned must give to the Issuing and Paying Agent at its offices located at 450 West 33rd StreetOne PNC Plaza, New York9th Floor, New York 10001200 Xxxxx Xxxxxx, Xxxxxxxxxx, Xxxxxxxxxxxx 00000, Attention: Global Trusx Xxxxxxxxxx XxxxxYxxxxx Xxxx, xx xx xxxx xxxxx xxxxx xx or at such other place or places of which the Bank shall from time to time notify the holders holder of the this Subordinated NotesNote, not more than 60 days nor less than 30 days prior notice to the date of repayment, with this "“Option to Elect Repayment" ” form duly completed. If less than the entire principal amount of this Subordinated Note is to be repaid, specify the portion hereof (which shall be increments of $1,000) which the holder elects to have repaid and specify the denomination or denominations (which shall be $250,000 or an integral multiple of $1,000 in excess thereof) of the Subordinated Notes to be issued to the holder for the portion of this Subordinated Note not being repaid (in the absence of any such specification, one such Subordinated Note will be issued for the portion not being repaid): $ ------------------------------ ------------------------------ Dated: NOTICE: The signature on to this Dated: "Option to Elect Repayment" form assignment must ------------------------ correspond with the name as written upon the face of the within Subordinated Note in every particular, without alteration or enlargement or any change whatsoever. -------------------------------- Signature Guarantee.