Common use of Purchase Price by Underwriters Clause in Contracts

Purchase Price by Underwriters. of the principal amount of the Designated Securities, plus accrued interest from to [and accrued amortization, if any, from to ]. Method of and specified funds for payment of purchase price: [By certified or official bank check or checks, payable to the order of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] Indenture: Indenture, dated as of February 9, 2001, as supplemented by a supplemental indenture, dated as of February 27, 2006, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to X.X. Xxxxxx Trust Company, National Association (as, successor to Bank One Trust Company, N.A.)), as Trustee Maturity: Interest Rate: [ %] [Zero Coupon] [See Floating Rate Provisions] Interest Payment Dates: [months and dates] Redemption Provisions: [No provisions for redemption] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE III

Purchase Price by Underwriters. of the principal amount of the Designated Senior Debt Securities, plus accrued interest from to the Closing Date [and accrued amortization, if any, from to ]. Method the Closing Date] Form of and specified funds Senior Debt Securities: Book-entry only form represented by one or more global securities deposited with the Depository Trust Company (“DTC”) or its designated custodian, to be made available for payment of purchase price: [By certified or official bank check or checks, payable checking by the Representatives at least twenty-four hours prior to the order Closing Date at the office of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] DTC Specified Funds for Payment of Purchase Price: Immediately available funds Payment of Expenses: Indenture: Amended and Restated Indenture, dated as of February 9April 18, 2001, as supplemented by a supplemental indenture, dated as of February 27, 20062017, between the Company Issuer and The Bank of New York Mellon Trust CompanyCitibank, N.A. N.A., as the Trustee (as successor to X.X. Xxxxxx Trust CompanyXxxxx Fargo Bank, National Association (asAssociation, successor pursuant to Bank One Trust Companyan agreement of resignation, N.A.)appointment and acceptance dated March 4, 2021 among the Issuer, the Trustee and Xxxxx Fargo Bank, National Association), as Trustee Maturity: Interest Rate: supplemented and amended by a first supplemental indenture dated as of November 3, 2017, a fourth supplemental indenture dated as of August 21, 2020 and a sixth supplemental indenture dated as of June 14, 2021 between the Issuer and the Trustee, and as further supplemented and amended by the [ %] supplemental indenture to be entered into on [Zero Coupondate] [See Floating Rate Provisions] Interest Payment DatesApplicable Time: [months Time and datesDate] Redemption ProvisionsClosing Date: [No provisions for redemptionTime and Date] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, Closing Location: Name and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses Addresses of Representatives: Designated Representatives: Address for Notices, etc.: Address of Issuer: Address of Underwriters’ Counsel for Delivery of Documents: Maturity: Interest Rate: [ %] [Other TermsZero Coupon] Interest Payment Dates: [months and dates]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE IIIcommencing [month and date] Redemption Provisions:

Purchase Price by Underwriters. of the principal amount of the Designated Debt Securities, plus accrued interest from to the Closing Date [and accrued amortization, if any, from to ]. Method the Closing Date] Form of and specified funds Debt Securities: Book-entry only form represented by one or more global securities deposited with the Depository Trust Company (“DTC”) or its designated custodian, to be made available for payment of purchase price: [By certified or official bank check or checks, payable checking by the Representatives at least twenty-four hours prior to the order Closing Date at the office of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] DTC Specified Funds for Payment of Purchase Price: Immediately available funds Payment of Expenses: Indenture: Indenture, dated as of February 9September 29, 20012016 between Santander UK plc, as supplemented by a supplemental indentureissuer, dated and Citibank, N.A., as of February 27, 2006, between trustee (the Company and The Bank of New York Mellon Trust Company, N.A. “Trustee”) (as successor to X.X. Xxxxxx Trust CompanyWxxxx Fargo Bank, National Association (as“Wxxxx Fargo”), successor pursuant to Bank One Trust Companyan Agreement of Resignation, N.A.)Appointment and Acceptance dated as of April 19, 2021 among the Issuer, the Trustee and Wxxxx Fargo), as Trustee Maturity: Interest Rate: supplemented and amended by a first supplemental indenture dated as of November 3, 2017, between the Issuer and the Trustee, and as further supplemented and amended by the [ %] supplemental indenture to be entered into on [Zero Coupondate] [See Floating Rate Provisions] Interest Payment DatesApplicable Time: [months Time and datesDate] Redemption ProvisionsClosing Date: [No provisions for redemptionTime and Date] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, Closing Location: Name and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses Addresses of Representatives: Designated Representatives: Address for Notices, etc.: Address of Issuer: Address of Underwriters’ Counsel for Delivery of Documents: Maturity: Interest Rate: [ %] [Other TermsZero Coupon] Interest Payment Dates: [months and dates]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE IIIcommencing [month and date] Redemption Provisions:

Purchase Price by Underwriters. of the principal amount of the Designated Securities, plus accrued interest from to [and accrued amortization, if any, from to ]. Method of and specified funds for payment of purchase price: [By certified or official bank check or checks, payable to the order of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] Indenture: Indenture, dated as of February 9, 2001, as supplemented by a supplemental indenture, dated as of February 27, 2006, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to X.X. Xxxxxx Trust Company, National Association (as, as successor to Bank One Trust Company, N.A.)), as Trustee Maturity: Interest Rate: [ %] [Zero Coupon] [See Floating Rate Provisions] Interest Payment Dates: [months and dates] Redemption Provisions: [No provisions for redemption] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year -year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month -month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms]·Terms]•: · • Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE III

Purchase Price by Underwriters. of the principal amount of the Designated Securities, plus accrued interest from to [and accrued amortization, if any, from to ]. Method of and specified funds for payment of purchase price: [By certified or official bank check or checks, payable to the order of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] Indenture: Indenture, dated as of February 9, 2001, as supplemented by a supplemental indenture, dated as of February 27, 2006, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to X.X. Xxxxxx Trust Company, National Association (as, as successor to Bank One Trust Company, N.A.)), as Trustee Maturity: Interest Rate: [ %] [Zero Coupon] [See Floating Rate Provisions] Interest Payment Dates: [months and dates] Redemption Provisions: [No provisions for redemption] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE III

Purchase Price by Underwriters. [ ]% of the principal amount of the Designated Underwriters’ Securities, plus accrued interest from [ ] to [ ] [and accrued amortization, if any, from [ ] to [ ]. Method of and specified funds for payment of purchase price: [By certified or official bank check or checks, payable to the order of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] Indenture: Indenture, dated as of February 9, 2001, as supplemented by a supplemental indenture, dated as of February 27, 2006, between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to X.X. Xxxxxx Trust Company, National Association (as, successor to Bank One Trust Company, N.A.)), as Trustee Maturity: Interest Rate: [ %] [Zero Coupon] [See Floating Rate Provisions] Interest Payment Dates: [months and dates] Redemption Provisions: [No provisions for redemptionredemption provisions] [The Designated Securities may be redeemed, [otherwise than through the sinking fund, ,] in whole or in part at the option of the Company, in the amount of [$[ ] or an integral multiple thereof, [ ] [on or after [ ], at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before [ ], [ ]%, and if] redeemed during the 12-month period beginning [ ], Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after [ ], at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE III

Purchase Price by Underwriters. of the principal amount of the Designated Capital Securities, plus accrued interest from to the Closing Date [and accrued amortization, if any, from to ]. Method the Closing Date] Form of and specified funds Capital Securities: Book-entry only form represented by one or more global securities deposited with the Depository Trust Company (“DTC”) or its designated custodian, to be made available for payment of purchase price: [By certified or official bank check or checks, payable checking by the Representatives at least twenty-four hours prior to the order Closing Date at the office of the Company in [[New York] Clearing House] [immediately available] funds] [By wire transfer to a bank account specified by the Company in [next day] [immediately available] funds] DTC Specified Funds for Payment of Purchase Price: Immediately available funds Payment of Expenses: Indenture: Indenture, dated as of February 9April 18, 2001, as supplemented by a supplemental indenture, dated as of February 27, 20062017, between the Company Issuer and The Bank of New York Mellon Trust CompanyMellon, N.A. as the Trustee (as successor to X.X. Xxxxxx Trust CompanyXxxxx Fargo Bank, National Association (asAssociation, successor pursuant to Bank One Trust Companyan agreement of resignation, N.A.)appointment and acceptance dated as of September 20, 2018 among the Issuer, the Trustee and Xxxxx Fargo Bank, National Association), and as Trustee Maturity: Interest Rate: supplemented and amended by the [ %] supplemental indenture to be entered into on [Zero Coupondate] [See Floating Rate Provisions] Interest Payment DatesApplicable Time: [months Time and datesDate] Redemption ProvisionsClosing Date: [No provisions for redemptionTime and Date] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before %, Closing Location: Name and if] redeemed during the 12-month period beginning Year Redemption Price and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] Sinking Fund Provisions: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [if Designated Securities are extendable debt securities, insert --- Extendable provisions: Designated Securities are repayable on [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with —year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert --- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] on each , and ] [to an annual rate of % above the average rate for —year [month] [securities] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for —month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for —month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Time of Delivery: Closing Location for Delivery of Securities: Names and addresses Addresses of Representatives: Designated Representatives: Address for Notices, etc.: Address of Issuer: Address of Underwriters’ Counsel for Delivery of Documents: Maturity: Interest Rate: [ %] [Other TermsZero Coupon] Interest Payment Dates: [months and dates]·: · Set forth or reference to an attached description any particular tax, accounting or other unusual features of the Securities. SCHEDULE IIIcommencing [month and date] Redemption Provisions: