Common use of Early Settlement Clause in Contracts

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged [Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) in the Treasury Portfolio or] Notes in the case of a Holder of Income PRIDES SPC Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury SPC Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged [Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) in the Treasury Portfolio or] Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Treasury SPC Unit holder may settle early only in integral multiples of 40 Purchase Contract Agent for the benefit of the HoldersContracts.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of in the Treasury Portfolio in the case of a Holder of Income PRIDES Type A Securities or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the Type B Securities in each case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of in the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Senior Deferrable Notes in the case of a Holder of Income PRIDES PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PEPS Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Senior Deferrable Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holder.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Trust Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Trust Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of in the Treasury Portfolio in the case of a Holder of Income PRIDES Normal Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESStripped Units, as the case may be, with a principal amount at maturity equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of in the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. (a) Upon written notice to receipt by the Collateral Agent by of a notice from the Stock Purchase Contract Agent that one or more Holders a Holder of Securities have Common Equity Units has elected to effect an Early Settlement of their respective its obligations under the Stock Purchase Contracts forming a part of such Securities Common Equity Units in accordance with the terms of the Stock Purchase Contracts and in accordance with the procedures specified in Section 5.7 of the Stock Purchase Contract Agreement (setting which notice shall set forth the number of such Stock Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Stock Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts Amount pursuant to the terms of the Stock Purchase Contracts and the Stock Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfiedAgreement, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Corporate Securities, in the case of a Holder of Income PRIDES Normal Common Equity Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDESStripped Common Equity Units, as the case may be, with forming a principal amount equal to the product of (i) the Stated Amount times (ii) the number part of such Purchase Contracts as to which such Holders have elected to effect Early Settlement Common Equity Units and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Corporate Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, to the Stock Purchase Contract Agent for distribution to such Holder, in each case free and clear of the Pledge created hereby. A holder of Stripped Common Equity Units may settle early only in integral multiples of 40 Stripped Common Equity Units, to the Purchase Contract Agent for the benefit and a Holder of the HoldersNormal Common Equity Units may settle early only in integral multiples of 40 Normal Common Equity Units.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Capital Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Capital Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Shares in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount at maturity equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Shares or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Senior Notes, in the case of a Holder of Income PRIDES Corporate PIES, or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PIES, with a principal amount Value equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Senior Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holder.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Type A Securities or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the Type B Securities in each case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent ---------------- by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may bemaybe, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Stock Purchase Contract Agent that one or more Holders a Holder of Securities have Common Equity Units has elected to effect an Early Settlement of their respective its obligations under the Stock Purchase Contracts forming a part of such Securities Common Equity Units in accordance with the terms of the Stock Purchase Contracts and in accordance with the procedures specified in Section 5.7 of the Stock Purchase Contract Agreement (setting which notice shall set forth the number of such Stock Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Stock Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts Amount pursuant to the terms of the Stock Purchase Contracts and the Stock Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfiedAgreement, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Debt Securities, in the case of a Holder of Income PRIDES Normal Common Equity Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDESStripped Common Equity Units, as the case may be, with forming a principal amount equal to the product of (i) the Stated Amount times (ii) the number part of such Purchase Contracts as to which such Holders have elected to effect Early Settlement Common Equity Units and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, to the Stock Purchase Contract Agent for distribution to such Holder, in each case free and clear of the Pledge created hereby. A holder of Stripped Common Equity Units may settle early only in integral multiples of 80 Stripped Common Equity Units, to the Purchase Contract Agent for the benefit and a Holder of the HoldersNormal Common Equity Units may settle early only in integral multiples of 80 Normal Common Equity Units.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may bemaybe, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Warrant Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts Warrants forming a part of such Securities in accordance with the terms of the Purchase Contracts Warrants and Section 5.08 of the Purchase Contract Warrant Agreement (setting which notice shall set forth the number of such Purchase Contracts Warrants as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Warrant Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts Warrants and the Purchase Contract Warrant Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Notes in the case of a Holder of Income PRIDES Equity Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury Equity Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts Warrants as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Notes or Pledged Treasury Securities, as the case may be, to the Warrant Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit such Holder. A Treasury Equity Unit holder may settle early only in integral multiples of the Holders40 Warrants.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement (for purposes hereof, the term "Early Settlement" to include a Redemption Early Settlement) of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice (a) Subject to and upon compliance with the Collateral Agent by provisions of this Section 5.9, Purchase Contracts underlying Units having an aggregate Stated Amount equal to $1,000 or an integral multiple thereof may, at the option of the Holder thereof, be settled early ("Early Settlement") on or prior to 10:00 a.m., New York City time, on the seventh Business Day immediately preceding the Share Purchase Contract Agent that one or more Date. Holders of Securities have elected Stripped Units (and after a Prepayment Event, Holders of Normal Units) may only effect Early Settlement of the related Purchase Contracts in integral multiples of 4O Stripped Units, and if Treasury Consideration has been substituted for the Notes as a component in the Normal Units due to a successful remarketing or the occurrence of a Tax Event Redemption, Purchase Contracts underlying such Normal Units may only be settled early in integral multiples of Normal Units such that the Treasury Consideration to be deposited and the Treasury Consideration to be released are in integral multiples of $1,000. In order to exercise the right to effect Early Settlement of their respective obligations under with respect to any Purchase Contracts, the Purchase Contracts forming a part of such Securities in accordance with the terms Holder of the Purchase Contracts and Certificate evidencing the Purchase Contract Agreement (setting forth related Units shall deliver such Certificate to the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that Agent at the Purchase Contract Agent has received from such Holders, and paid Corporate Trust Office duly endorsed for transfer to the Company as confirmed or in writing blank with the form of Election to Settle Early on the reverse thereof duly completed and accompanied by payment payable to the Company, Company in immediately available funds in an amount (the related "Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (aAmount") Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to (A) the product of (i) the Stated Amount times Purchase Price multiplied by (ii) the number of such Purchase Contracts as with respect to which such Holders have the Holder has elected to effect Early Settlement and shall Transfer all Settlement, plus (B) if such Pledged Preferred Securities or delivery is made with respect to any Purchase Contracts during the appropriate Applicable Ownership Interest period from the close of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, business on any Record Date next preceding any Payment Date to the opening of business on such Payment Date, an amount equal to the Contract Adjustment Payments, if any, payable on such Payment Date with respect to such Purchase Contracts; provided that no payment shall be required pursuant to clause (B) of this sentence if the Company shall have elected to defer the Contract Adjustment Payments which would otherwise be payable on such Payment Date. Except as provided in the immediately preceding sentence and subject to Section 5.2(d), no payment or adjustment shall be made upon Early Settlement of any Purchase Contract Agent for on any Contract Adjustment Payments accrued on such Purchase Contract or on account of any dividends on the benefit of Common Shares issued upon such Early Settlement. If the Holdersforegoing requirements are first satisfied with respect to Purchase Contracts underlying any Unit at or prior to 5:00 p.m., New York City time, on a Business Day, such day shall be the "Early Settlement Date" with respect to such Unit and if such requirements are first satisfied after 5:00 p.m., New York City time, on a Business Day or on a day that is not a Business Day, the "Early Settlement Date" with respect to such Units shall be the next succeeding Business Day.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Senior Deferrable Notes in the case of a Holder of Income PRIDES PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PEPS Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Senior Deferrable Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holder.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, upon three Business Days' written notice to the Collateral Agent, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Stock, in the case of a Holder of Income PRIDES Corporate PIES, or (b) b0 Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PIES, with a principal amount Value equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Stock or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holders, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holders in accordance with their respective interests.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the such Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a Stated Amount or principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) a0 Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio or Pledged Debentures in the case of a Holder of Income PRIDES Corporate PIES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury PIES, as the case may be, with a liquidation or principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio or Pledged Debentures or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holders, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holders in accordance with their respective interests.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledge the Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, Shares with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or Shares to the appropriate Applicable Ownership Interest Purchase Contract Agent for the benefit of the Treasury Portfolio or Pledged Treasury Securitiessuch Holder, as the in each case may be, free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holder.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged [Subordinated] Notes in the case of a Holder of Income PRIDES Stock Purchase Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury Stock Purchase Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged [Subordinated] Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Treasury Stock Purchase Contract Agent for the benefit Unit holder may settle early only in integral multiples of the Holders40 Purchase Contracts.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Senior Deferrable Notes in the case of a Holder of Income PRIDES PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PEPS Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.Senior

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 or Section 5.04(b)(2) (in case of an early settlement upon a Cash Merger) of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts or Purchase Price (if such Early Settlement is pursuant to Section 5.04(b)(2) of the Purchase Contract Agreement) pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the Securities, appropriate Applicable Ownership Interest Interests (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Notes in the case of a Holder of Income PRIDES Corporate Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDESTreasury Units, as the in each case may be, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the Securities, appropriate Applicable Ownership Interest Interests (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio Portfolio, Pledged Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to such Holder. A Treasury Unit Holder may settle early only in integral multiples of 20 Purchase Contracts and a Corporate Unit Holder, if a Tax Event Redemption Date or a Successful Initial Remarketing has occurred, may settle early only in such integral multiples of Purchase Contracts as will enable the Purchase Contract Agent for U.S. Treasury securities comprising the benefit Applicable Ownership Interest of the HoldersTreasury Portfolio to be released in whole multiples.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Warrant Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts Warrants forming a part of such Securities in accordance with the terms of the Purchase Contracts Warrants and Section 5.08 of the Purchase Contract Warrant Agreement (setting which notice shall set forth the number of such Purchase Contracts Warrants as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Warrant Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts Warrants and the Purchase Contract Warrant Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio in the case of a Holder of Income PRIDES Equity Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury Equity Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts Warrants as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, to the Warrant Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to such Holder. A Treasury Equity Unit holder may settle early only in integral multiples of 40 Warrants. In the Purchase Contract Agent event that any Securites are evidenced by one or more global certificates deposited with The Depository Trust Company ("DTC"), procedures for early settlement will also be governed by standing arrangements between DTC and the benefit of the HoldersWarrant Agent.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio or Pledged Debentures in the case of a Holder of Income PRIDES Corporate PIES or (b) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PIES, with a principal amount Value equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or Securities, the appropriate Applicable Ownership Interest (as specified in clause (A) of the definition of such term) of the Treasury Portfolio Portfolio, Pledged Debentures or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holders, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holders in accordance with their respective interests.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.08 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Notes in the case of a Holder of Income PRIDES New PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A New PEPS Unit holder or Treasury Unit holder may settle early only in integral multiples of 40 Purchase Contract Agent for the benefit of the HoldersContracts.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Shares, in the case of a Holder of Income PRIDES Corporate PIES, or (b) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PIES, with a principal amount Value equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Shares or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holders, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holders in accordance with their respective interests.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 or Section 5.04(b)(2) (in case of an early settlement upon a Cash Merger) of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts or Purchase Price (if such Early Settlement is pursuant to Section 5.04(b)(2) of the Purchase Contract Agreement) pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest Interests (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Notes in the case of a Holder of Income PRIDES or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the in each case may be, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest Interests (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Growth PRIDES holder may settle early only in integral multiples of 20 Purchase Contract Agent for the benefit of the HoldersContracts.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Senior Deferrable Notes in the case of a Holder of Income PRIDES PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PEPS Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Senior Deferrable Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Treasury PEPS Unit holder may settle early only in integral multiples of [40] Purchase Contract Agent for the benefit of the HoldersContracts.

Early Settlement. Upon written notice (a) Subject to and upon compliance with the Collateral Agent by provisions of this Section 5.9, Purchase Contracts underlying Units having an aggregate Stated Amount equal to $1,000 or an integral multiple thereof may, at the option of the Holder thereof, be settled early ("Early Settlement") on or prior to 10:00 a.m., New York City time, on the seventh Business Day immediately preceding the Share Purchase Contract Agent that one or more Date. Holders of Securities have elected Stripped Units (and after a Prepayment Event, Holders of Normal Units) may only effect Early Settlement of the related Purchase Contracts in integral multiples of 40 Stripped Units, and if Treasury Consideration has been substituted for the Notes as a component in the Normal Units due to a successful remarketing or the occurrence of a Tax Event Redemption, Purchase Contracts underlying such Normal Units may only be settled early in integral multiples of Normal Units such that the Treasury Consideration to be deposited and the Treasury Consideration to be released are in integral multiples of $1,000. In order to exercise the right to effect Early Settlement of their respective obligations under with respect to any Purchase Contracts, the Purchase Contracts forming a part of such Securities in accordance with the terms Holder of the Purchase Contracts and Certificate evidencing the Purchase Contract Agreement (setting forth related Units shall deliver such Certificate to the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that Agent at the Purchase Contract Agent has received from such Holders, and paid Corporate Trust Office duly endorsed for transfer to the Company as confirmed or in writing blank with the form of Election to Settle Early on the reverse thereof duly completed and accompanied by payment payable to the Company, Company in immediately available funds in an amount (the related "Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (aAmount") Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to (A) the product of (i) the Stated Amount times Purchase Price multiplied by (ii) the number of such Purchase Contracts as with respect to which such Holders have the Holder has elected to effect Early Settlement and shall Transfer all Settlement, plus (B) if such Pledged Preferred Securities or delivery is made with respect to any Purchase Contracts during the appropriate Applicable Ownership Interest period from the close of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, business on any Record Date next preceding any Payment Date to the opening of business on such Payment Date, an amount equal to the Contract Adjustment Payments, if any, payable on such Payment Date with respect to such Purchase Contracts; provided that no payment shall be required pursuant to clause (B) of this sentence if the Company shall have elected to defer the Contract Adjustment Payments which would otherwise be payable on such Payment Date. Except as provided in the immediately preceding sentence and subject to Section 5.2(d), no payment or adjustment shall be made upon Early Settlement of any Purchase Contract Agent for on any Contract Adjustment Payments accrued on such Purchase Contract or on account of any dividends on the benefit of Common Shares issued upon such Early Settlement. If the Holdersforegoing requirements are first satisfied with respect to Purchase Contracts underlying any Unit at or prior to 5:00 p.m., New York City time, on a Business Day, such day shall be the "Early Settlement Date" with respect to such Unit and if such requirements are first satisfied after 5:00 p.m., New York City time, on a Business Day or on a day that is not a Business Day, the "Early Settlement Date" with respect to such Units shall be the next succeeding Business Day.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as 18 specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged [Subordinated] Notes in the case of a Holder of Income PRIDES Stock Purchase Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury Stock Purchase Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged [Subordinated] Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Treasury Stock Purchase Contract Agent for the benefit Unit holder may settle early only in integral multiples of the Holders40 Purchase Contracts.

Early Settlement. Upon written notice to the Collateral ----------------- Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of Pledged Portfolio Interests, as the Treasury Portfolio case may be, in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount at maturity equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Pledged Portfolio Interests, or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Capital Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Capital Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.Appli-

Early Settlement. (a) Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective obligations its obligation under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement)Agreement, and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts Amount pursuant to the terms of the Purchase Contracts Contract and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) the Pledged Preferred Debt Securities or the appropriate Pledged Applicable Ownership Interest of the Interests in a Treasury Portfolio (in the case of a Holder of Income PRIDES PRIDES) or (b) the Pledged Treasury Securities (in the case of a Holder of Growth PRIDES), as the in each case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number that had been components of such Purchase Contracts as to which such Holders have elected to effect Early Settlement Securities, and shall Transfer all transfer such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of the Interests in a Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of such Holder. In addition, if a Holder of Securities effects Early Settlement after a Reset Date which is not also a Payment Date but prior to the HoldersRecord Date relating to the next following Payment Date, the Collateral Agent shall make the payment required by the last sentence of clause (a) of Article III.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Subordinated Deferrable Notes in the case of a Holder of Income PRIDES PEPS Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PEPS Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest (as specified in clause (A) of the definitions at such term) of the Treasury Portfolio or Pledged Subordinated Deferrable Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Treasury PEPS Unit holder may settle early only in integral multiples of 40 Purchase Contract Agent for the benefit of the HoldersContracts.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Pledged Applicable Ownership Interest of in the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Pledged Applicable Ownership Interest of in the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Debentures or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, in each case with a an aggregate liquidation amount or principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the ---------------- Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Corporate Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESTreasury Units, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Forward Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Forward Purchase Contracts forming a part of such Securities in accordance with the terms of the Forward Purchase Contracts and the Forward Purchase Contract Agreement (setting forth the number of such Forward Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Forward Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Forward Purchase Contracts and the Forward Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Stock or the appropriate Applicable Ownership Interest of Pledged Portfolio Interests, as the Treasury Portfolio case may be, in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, in each case with a Liquidation Preference or principal amount at maturity, as applicable, equal to the product of (i) the Stated Amount times (ii) the number of such Forward Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Stock, the appropriate Applicable Ownership Interest of the Treasury Pledged Portfolio Interests, or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Forward Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective obligations its obligation under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement)Agreement, and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts Amount pursuant to the terms of the Purchase Contracts Contract and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) the Pledged Preferred Debt Securities or the appropriate Pledged Applicable Ownership Interest of the Interests in a Treasury Portfolio (in the case of a Holder of Income PRIDES PRIDES) or (b) the Pledged Treasury Securities (in the case of a Holder of Growth PRIDES), as the in each case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number that had been components of such Purchase Contracts as to which such Holders have elected to effect Early Settlement Securities, and shall Transfer all transfer such Pledged Preferred Debt Securities or the appropriate Applicable Ownership Interest of the Interests in a Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of such Holder. In addition, if a Holder of Securities effects Early Settlement after a Reset Date which is not also a Payment Date but prior to the HoldersRecord Date relating to the next following Payment Date, the Collateral Agent shall make the payment required by the last sentence of clause (a) of Article III. Upon a Cash Merger, upon written notice to the Collateral Agent by the Purchase Contract Agent that a Holder of Securities has elected to effect a Cash Merger Early Settlement of its obligation under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement, and that the Purchase Contract Agent has received from such Holder, and paid to the Company as confirmed in writing by the Company, the related Cash Merger Early Settlement Amount pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Cash Merger Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) the Pledged Debt Securities or the Pledged Applicable Ownership Interests in a Treasury Portfolio (in the case of a Holder of Income PRIDES) or (b) the Pledged Treasury Securities (in the case of a Holder of Growth PRIDES), in each case that had been components of such Securities, and shall transfer such Debt Securities or Pledged Applicable Ownership Interests in a Treasury Portfolio or Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of such Holder. In addition, if a Holder of Securities effects a Cash Merger Early Settlement after a Reset Date which is not also a Payment Date but prior to the Record Date relating to the next following Payment Date, the Collateral Agent shall make the payment required by the last sentence of clause (a) of Article III.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred 16 Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Units or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESUnits, as the case may be, with a principal amount equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.9 of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Notes in the case of a Holder of Income PRIDES SPC Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury SPC Units, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holder.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount at maturity equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to receipt by the Collateral Agent by of a notice from the Purchase Contract Agent that one or more Holders a Holder of Securities have has elected to effect Early Settlement of their respective its obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and Section 5.07 or Section 5.04(b)(2) of the Purchase Contract Agreement (setting which notice shall set forth the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement), and that the Purchase Contract Agent has received from such HoldersHolder, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts or Purchase Price (if such Early Settlement is pursuant to Section 5.04(b)(2) of the Purchase Contract Agreement) pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a1) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest Interests (as specified in clause (A) of the definition of such term) of the Treasury Portfolio in the case of a Holder of Income PRIDES Equity Units or (b2) Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDESEquity Units, as the in each case may be, with a principal amount Value equal to the product of (ix) the Stated Amount times (iiy) the number of such Purchase Contracts as to which such Holders have Holder has elected to effect Early Settlement Settlement, and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Interests or Pledged Notes or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holder, in each case free and clear of the Pledge created hereby, for distribution to the such Holder. A Growth Equity Units holder may settle early only in integral multiples of 40 Purchase Contract Agent for the benefit Contracts and an Income Equity Units holder, if a Tax Event Redemption, a Successful Initial Remarketing or a Successful Secondary Remarketing has occurred, may settle early only in integral multiples of the Holders20,000 Purchase Contracts.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement, Early Settlement upon Cash Merger or Early Settlement upon Significant Corporate Action of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlementsuch early settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement, Early Settlement upon Cash Merger or Early Settlement upon Significant Corporate Action, as the case may be, have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Senior Notes or the appropriate Applicable Ownership Interest of Pledged Portfolio Interests, as the Treasury Portfolio case may be, in the case of a Holder of Income PRIDES or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDES, as the case may be, with a principal amount at maturity equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall Transfer all such Pledged Preferred Securities or Senior Notes, the appropriate Applicable Ownership Interest of the Treasury Pledged Portfolio Interests, or Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Purchase Contract Agent for the benefit of the Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Forward Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Forward Purchase Contracts forming a part of such Securities in accordance with the terms of the Forward Purchase Contracts and the Forward Purchase Contract Agreement (setting forth the number of such Forward Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Forward Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Forward Purchase Contracts and the Forward Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, (a) Pledged Preferred Securities Notes or the appropriate Applicable Ownership Interest of the Treasury Portfolio in the case of a Holder of Income PRIDES Upper DECS or (b) Pledged Treasury Securities in the case of a Holder of Growth PRIDESStripped DECS, as the case may be, in each case with a an aggregate principal amount amount, as the case may be, equal to the product of (i) the Stated Amount times (ii) the number of such Forward Purchase Contracts as to which such Holders have elected to effect Early Settlement Settlement, and shall Transfer all such Pledged Preferred Securities or Notes, the appropriate Applicable Ownership Interest of the Treasury Portfolio or the Pledged Treasury Securities, as the case may be, free and clear of the Pledge created hereby, to the Forward Purchase Contract Agent for the benefit of the such Holders.

Early Settlement. Upon written notice to the Collateral Agent by the Purchase Contract Agent that one or more Holders of Securities have elected to effect Early Settlement of their respective obligations under the Purchase Contracts forming a part of such Securities in accordance with the terms of the Purchase Contracts and the Purchase Contract Agreement (setting forth the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement), and that the Purchase Contract Agent has received from such Holders, and paid to the Company as confirmed in writing by the Company, the related Early Settlement Amounts pursuant to the terms of the Purchase Contracts and the Purchase Contract Agreement and that all conditions to such Early Settlement have been satisfied, then the Collateral Agent shall release from the Pledge, upon three Business Days' written notice to the Collateral Agent , (a) Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Stock, in the case of a Holder of Income PRIDES Corporate PIES, or (b) b0 Pledged Treasury Securities Securities, in the case of a Holder of Growth PRIDES, as the case may beTreasury PIES, with a principal amount Value equal to the product of (i) the Stated Amount times (ii) the number of such Purchase Contracts as to which such Holders have elected to effect Early Settlement and shall instruct the Securities Intermediary to Transfer all such Pledged Preferred Securities or the appropriate Applicable Ownership Interest of the Treasury Portfolio Stock or Pledged Treasury Securities, as the case may be, to the Purchase Contract Agent for the benefit of such Holders, in each case free and clear of the Pledge created hereby, for distribution to the Purchase Contract Agent for the benefit of the Holderssuch Holders in accordance with their respective interests.