Common use of Renewable Notes Clause in Contracts

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") unless the term of all or any portion of this Note is renewed in accordance with the following procedures. On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) after such Renewal Date, if the Holder of this Note elects to extend the term of this Note or any portion thereof as described below. If the Holder does not elect to extend the term of any portion of the principal amount of this Note during the specified period prior to any Renewal Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Date (the "New Maturity Date"). The Holder may elect to renew the term of this Note, or if so specified, any portion thereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York not less than 15 nor more than 30 days prior to such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note may be exercised with respect to less than the entire principal amount of this Note only if so specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amount, or any integral multiple in excess of such amount, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed paying agent) shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holder, a replacement Renewable Note, in a principal amount equal to the principal amount of such exchanged Note for which the election to renew was made, with terms otherwise identical to the exchanged Note.

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") unless the term of all or any portion of this Note is renewed in accordance with the following procedures. : On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) after such Renewal Date, if the Holder of this Note elects to extend the term of this Note or any portion thereof as described below. If the Holder does not elect to extend the term of any portion of the principal amount of this Note during the specified period prior to any Renewal Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Date (the "New Maturity Date"). The Holder may elect to renew the term of this Note, or if so specified, any portion thereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York not less than 15 nor more than 30 days prior to such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note may be exercised with respect to less than the entire principal amount of this Note only if so specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amount, or any integral multiple in excess of such amount, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed paying agent) shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holder, a replacement Renewable Note, in a principal amount equal to the principal amount of such exchanged Note for which the election to renew was made, with terms otherwise identical to the exchanged Note.

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note at Stated Maturity (the "Initial Maturity Date") ), unless the term Maturity of all or any portion of this Note the principal amount thereof is renewed extended in accordance with the following proceduresprocedures described below. On the Election Date (which must be an Interest Payment Date occurring in Date), the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may will be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) twelve months after such Renewal Election Date, if unless the Holder of this Note holder elects to extend terminate the term automatic extension of the Maturity of this Note or of any portion thereof as described belowhaving a principal amount of U.S. $1,000 or any multiple of U.S. $1,000 in excess thereof, provided that the principal amount for which such option is not exercised is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000, by delivering a notice to such effect to the Paying Agent not less than the Minimum Election Date Notice days nor more than Maximum Election Date Notice days prior to such Election Date. Notwithstanding the foregoing, the Maturity of this Note may not be extended beyond the Final Maturity Date. If the Holder does not elect holder elects to extend terminate the term automatic extension of the Maturity of any portion of the principal amount of this Note during the specified period prior to any Renewal Dateand such election is not revoked as described below, such portion will become due and payable on the Interest Payment Date occurring in the sixth month falling six months (or the last month in the Special Election Intervalsuch other time specified herein) after the Election Date prior to which the holder made such Renewal Date (election. An election to terminate the "New automatic extension of Maturity Date"). The Holder may elect be revoked as to renew the term any portion of this Note, Note having a principal amount of U.S. $1,000 or if so specified, any portion thereof, multiple of U.S. $1,000 in excess thereof by delivering a notice to such effect to the Trustee (or Paying Agent on any duly appointed paying agent) at day following the corporate trust office effective date of the Trustee or agency election to terminate the automatic extension of the Trustee in the City of New York not less than 15 nor more than 30 days Maturity and prior to the fifteenth calendar day before the date on which such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithportion would otherwise mature. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note a revocation may be exercised with respect to made for less than the entire principal amount of this Note only for which the automatic extension of Maturity has been terminated; provided, however, that the principal amount of this Note for which the automatic extension of Maturity has been terminated and for which such a revocation has not been made is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000. Notwithstanding the foregoing, a revocation may not be made during the period from and including a Record Date to but excluding the immediately succeeding Interest Payment Date. An election to terminate the automatic extension of the Maturity of the Renewable Notes, if so not revoked as described above by the holder making the election or any subsequent holder, will be binding upon such subsequent holder. If this Note is a Renewable Note, this Note may be redeemed in whole or in part at the option of the Company on any Interest Payment Date, commencing with the Interest Payment Date specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amountan Addendum hereto, or any integral multiple in excess at a redemption price of such amount, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term 100% of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed paying agent) shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged this Note for which no election to renew be redeemed, together with accrued and unpaid interest to the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have date of redemption. Notice of redemption will be provided by mailing a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount notice of such Holder's Noteredemption to each holder by first class mail, the Trusteepostage prepaid, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holder, a replacement Renewable Note, in a principal amount equal at least 30 and not more than 60 calendar days prior to the principal amount of such exchanged Note date fixed for which the election to renew was made, with terms otherwise identical to the exchanged Noteredemption.

Renewable Notes. If this Note it is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as that this Note is a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") Date specified on the face hereof unless the term Maturity of all or any portion of this Note is renewed extended in accordance with the following proceduresprocedures described below. On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof) prior to the Initial Maturity Date of this Note hereof (the "Initial Renewal Maturity Extension Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Maturity Extension Date (each, together with the Initial Renewal Maturity Extension Date, a 17 "Renewal Maturity Extension Date"), the term Maturity of this Note may will be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof, the last month in a period equal to twice the Special Election Interval) after such Renewal Maturity Extension Date, if unless the Holder of this Note elects to extend terminate the term extension of this Note the Maturity hereof or any portion thereof hereof as described below. If the Holder does not elect elects to extend terminate the term extension of the Maturity of any portion of the principal amount of this Note during the specified period prior to any Renewal Maturity Extension Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Maturity Extension Date (the "New Extended Maturity Date"). The Holder may elect to renew the term Maturity of this Note, or if so specifiedspecified above, any portion thereofhereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agentPaying Agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York Corporate Trust Office not less than 15 3 nor more than 30 15 days prior to such Renewal Date, Maturity Extension Date (unless another period is specified on the face hereof or in as the pricing supplement attached hereto or delivered herewith"Special Election Period"). Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term Maturity of this Note may be exercised with respect to less than the entire principal amount of this Note Face Amount hereof only if so specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amountFace Amount, or any integral multiple in excess of such amountthereof, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof. Notwithstanding the foregoing, the term Maturity of this Note may will not be extended beyond the Stated Maturity Date specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof. If the Holder does Unless otherwise specified above, any election not elect to renew the term, will be effective only if this Note must be is presented to the Trustee (or any duly appointed paying agentPaying Agent) and, as soon as practicable following practicable. Following receipt of such this Note the Trustee (or any duly appointed paying agentPaying Agent) shall issue in exchange therefor herefor in the name of such the Holder (i) a Note, in a principal face amount equal to the principal amount Face Amount of such exchanged this Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note herein (except for the Issue Date and the Initial Interest Rate and except that such Note shall have a fixed, nonrenewable Stated non-extendable Maturity on the New Extended Maturity Date) and (ii) if an such election not to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holderFace Amount hereof, a replacement Renewable Note, in a principal face amount equal to the principal amount Face Amount of such exchanged this Note for which the an election to renew was made, with terms otherwise identical to the exchanged this Note.

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note at Stated Maturity (the "Initial Maturity Date") ), unless the term Maturity of all or any portion of this Note the principal amount thereof is renewed extended in accordance with the following proceduresprocedures described below. On the Election Date (which must be an Interest Payment Date occurring in Date), the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may will be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) twelve months after such Renewal Election Date, if unless the Holder of this Note holder elects to extend terminate the term automatic extension of the Maturity of this Note or of any portion thereof as described belowhaving a principal amount of U.S. $1,000 or any multiple of U.S. $1,000 1051047.4 10201 1256C 00692469 in excess thereof, provided that the principal amount for which such option is not exercised is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000, by delivering a notice to such effect to the Paying Agent not less than the Minimum Election Date Notice days nor more than Maximum Election Date Notice days prior to such Election Date. Notwithstanding the foregoing, the Maturity of this Note may not be extended beyond the Final Maturity Date. If the Holder does not elect holder elects to extend terminate the term automatic extension of the Maturity of any portion of the principal amount of this Note during the specified period prior to any Renewal Dateand such election is not revoked as described below, such portion will become due and payable on the Interest Payment Date occurring in the sixth month falling six months (or the last month in the Special Election Intervalsuch other time specified herein) after the Election Date prior to which the holder made such Renewal Date (election. An election to terminate the "New automatic extension of Maturity Date"). The Holder may elect be revoked as to renew the term any portion of this Note, Note having a principal amount of U.S. $1,000 or if so specified, any portion thereof, multiple of U.S. $1,000 in excess thereof by delivering a notice to such effect to the Trustee (or Paying Agent on any duly appointed paying agent) at day following the corporate trust office effective date of the Trustee or agency election to terminate the automatic extension of the Trustee in the City of New York not less than 15 nor more than 30 days Maturity and prior to the fifteenth calendar day before the date on which such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithportion would otherwise mature. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note a revocation may be exercised with respect to made for less than the entire principal amount of this Note only for which the automatic extension of Maturity has been terminated; provided, however, that the principal amount of this Note for which the automatic extension of Maturity has been terminated and for which such a revocation has not been made is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000. Notwithstanding the foregoing, a revocation may not be made during the period from and including a Record Date to but excluding the immediately succeeding Interest Payment Date. An election to terminate the automatic extension of the Maturity of the Renewable Notes, if so not revoked as described above by the holder making the election or any subsequent holder, will be binding upon such subsequent holder. If this Note is a Renewable Note, this Note may be redeemed in whole or in part at the option of the Company on any Interest Payment Date, commencing with the Interest Payment Date specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amountan Addendum hereto, or any integral multiple in excess at a redemption price of such amount, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term 100% of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed paying agent) shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged this Note for which no election to renew be redeemed, together with accrued and unpaid interest to the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have date of redemption. Notice of redemption will be provided by mailing a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount notice of such Holder's Noteredemption to each holder by first class mail, the Trusteepostage prepaid, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holder, a replacement Renewable Note, in a principal amount equal at least 30 and not more than 60 calendar days prior to the principal amount of such exchanged Note date fixed for which the election to renew was made, with terms otherwise identical to the exchanged Noteredemption.

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached an addendum hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity DateStated Maturity") unless the term of all or any portion of this Note is renewed in accordance with the following procedures. On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Stated Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) after such Renewal Date, if the Holder of this Note elects to extend the term of this Note or any portion thereof as described below. If the Holder does not elect to extend the term of any portion of the principal amount of this Note during the specified period prior to any Renewal Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Date (the "New Maturity Date"). The Holder may elect to renew the term of this Note, or if so specified, any portion thereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York not less than 15 nor more than 30 days prior to such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note may be exercised with respect to less than the entire principal amount of this Note only if so specified on the face hereof or in the pricing supplement attached an addendum hereto or delivered herewith and then only in such principal amount, or any integral multiple in excess of such amount, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewithan addendum hereto. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed paying agent) shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holderHolder, a replacement Renewable Note, in a principal amount equal to the principal amount of such exchanged Note for which the election to renew was made, with terms otherwise identical to the exchanged Note.

Renewable Notes. If this Note it is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as that this Note is a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") Date specified on the face hereof unless the term Maturity of all or any portion of this Note is renewed extended in accordance with the following proceduresprocedures described below. On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof) prior to the Initial Maturity Date of this Note hereof (the "Initial Renewal Maturity Extension Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Maturity Extension Date (each, together with the Initial Renewal Maturity Extension Date, a "Renewal Maturity Extension Date"), the term Maturity of this Note may will be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof, the last month in a period equal to twice the Special Election Interval) after such Renewal Maturity Extension Date, if unless the Holder of this Note elects to extend terminate the term extension of this Note the Maturity hereof or any portion thereof hereof as described below. If the Holder does not elect elects to extend terminate the term extension of the Maturity of any portion of the principal amount of this Note during the specified period prior to any Renewal Maturity Extension Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Maturity Extension Date (the "New Extended Maturity Date"). The Holder may elect to renew the term Maturity of this Note, or if so specifiedspecified above, any portion thereofhereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agentPaying Agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York Corporate Trust Office not less than 15 3 nor more than 30 15 days prior to such Renewal Date, Maturity Extension Date (unless another period is specified on the face hereof or in as the pricing supplement attached hereto or delivered herewith"Special Election 29 Period"). Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term Maturity of this Note may be exercised with respect to less than the entire principal amount of this Note Face Amount hereof only if so specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amountFace Amount, or any integral multiple in excess of such amountthereof, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof. Notwithstanding the foregoing, the term Maturity of this Note may will not be extended beyond the Stated Maturity Date specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewithhereof. If the Holder does Unless otherwise specified above, any election not elect to renew the term, will be effective only if this Note must be is presented to the Trustee (or any duly appointed paying agentPaying Agent) and, as soon as practicable following practicable. Following receipt of such this Note the Trustee (or any duly appointed paying agentPaying Agent) shall issue in exchange therefor herefor in the name of such the Holder (i) a Note, in a principal face amount equal to the principal face amount of such exchanged this Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note herein (except for the Issue Date and the Initial Interest Rate and except that such Note shall have a fixed, nonrenewable Stated non-extendable Maturity on the New Extended Maturity Date) and (ii) if an such election not to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed paying agent, shall issue in exchange for such Note in the name of such holderFace Amount hereof, a replacement Renewable Note, in a principal face amount equal to the principal amount Face Amount of such exchanged this Note for which the an election to renew was made, with terms otherwise identical to the exchanged this Note.

Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") unless the term of all or any portion of this Note is renewed in accordance with the following procedures. : On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) after such Renewal Date, if the Holder of this Note elects to extend the term of this Note or any portion thereof as described below. If the Holder does not elect to extend the term of any portion of the principal amount of this Note during the specified period prior to any Renewal Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Date (the "New Maturity Date"). The Holder may elect to renew the term of this Note, or if so specified, any portion thereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York agent not less than 15 nor more than 30 days prior to such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note may be exercised with respect to less than the entire principal amount of this Note only if so specified on the face hereof or in the pricing supplement attached hereto or delivered herewith and then only in such principal amount, or any integral multiple in excess of such amountthereof, as is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Notwithstanding the foregoing, the term of this Note may not be extended beyond the Stated Maturity specified for this Note on the face hereof or in the pricing supplement attached hereto or delivered herewith. If the Holder does not elect to renew the term, this Note must be presented to the Trustee (or any duly appointed paying agent) agent and, as soon as practicable following receipt of such Note the Trustee (or any duly appointed such paying agent) agent shall issue in exchange therefor in the name of such Holder (i) a Note, in a principal amount equal to the principal amount of such exchanged Note for which no election to renew the term thereof was exercised, with terms identical to those specified on such exchanged Note (except that such Note shall have a fixed, nonrenewable Stated Maturity on the New Maturity Date) and (ii) if an election to renew is made with respect to less than the full principal amount of such Holder's Note, the Trustee, or any duly appointed such paying agent, agent shall issue in exchange for such Note in the name of such holder, Holder a replacement Renewable Note, in a principal amount equal to the principal amount of such exchanged Note for which the election to renew was made, with terms otherwise identical to the exchanged Note.