Common use of Extendable provisions Clause in Contracts

Extendable provisions. [Securities are repayable on , [insert date and years], at the option of the holder, at their principal amount with accrued interest. Initial annual interest rate will be %, and thereafter annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [No extendable provisions.] [If Securities are Floating Rate Debt Securities, insert— Initial annual interest rate will be % through and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Designated Representatives: BofA Securities, Inc. One Bryant Park New York, New York 10036 United States of America Deutsche Bank Securities Inc. 0 Xxxxxxxx Xxxxxx New York, NY 10019 United States of America RBC Capital Markets, LLC Brookfield Place 000 Xxxxx Xxxxxx, 8th Floor New York, NY 10281 United States of America Standard Chartered Bank One Basinghall Avenue London EC2V 5DD United Kingdom Barclays Capital Inc. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America BNP Paribas Securities Corp. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America Xxxxxxx Xxxxx & Co. LLC 000 Xxxx Xxxxxx New York, NY 10282 United States of America UK MiFIR/MiFID II professionals/ECPs-only/No PRIIPs or UK PRIIPS key information document (“KID”) – Standard Chartered Bank is a manufacturer under the UK MiFIR Product Governance Rules. No PRIIPs or UK PRIIPS KID has been prepared as the Designated Securities are not available to retail investors in the European Economic Area or the United Kingdom. Any offer of the Designated Securities, each announcement thereof and any document in which an offer is made or announced will comply with the laws and regulations of any State where persons to whom the offer is made are resident. As described in the Prospectus.

Extendable provisions. [Securities are repayable on , [insert date and years], at the option of the holder, at their principal amount with accrued interest. Initial annual interest rate will be %, and thereafter annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [No extendable provisions.] [If Securities are Floating Rate Debt Securities, insert— Initial annual interest rate will be % through and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Designated Representatives: BofA SecuritiesCitigroup Global Markets Inc. 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America HSBC Securities (USA) Inc. One Bryant Park New York000 Xxxxx Xxxxxx Xxx Xxxx, New York 10036 Xxx Xxxx 00000 United States of America Deutsche Bank Securities Inc. 0 Xxxxxxxx Xxxxxx New York, NY 10019 United States of America RBC Capital Markets, LLC Brookfield Place 000 Xxxxx Xxxxxx, 8th Floor New York, NY 10281 United States of America Standard Chartered Bank One Basinghall Avenue London EC2V 5DD United Kingdom Barclays Capital Inc. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America BNP Paribas Securities Corp. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America Xxxxxxx Xxxxx & Co. LLC 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America NatWest Markets Securities Inc. 000 Xxxx Xxxxxxxxxx Xxxxxxxxx Xxxxxxxx, Xxxxxxxxxxx 00000 Xxxxxx New York, NY 10282 United States Xxxxxx of America UK MiFIR/MiFID II professionals/ECPs-only/No PRIIPs or UK PRIIPS key information document (“KID”) – Standard Chartered Bank Xxxxxxx Sachs & Co. LLC is a manufacturer under the UK MiFIR Product Governance Rules. No PRIIPs or UK PRIIPS KID has been prepared as the Designated Securities are not available to retail investors in the European Economic Area or the United Kingdom. Any offer of the Designated Securities, each announcement thereof and any document in which an offer is made or announced will comply with the laws and regulations of any State where persons to whom the offer is made are resident. As described in the Prospectus.

Extendable provisions. [Securities are repayable on , [insert date and years], at the option of the holder, at their principal amount with accrued interest. Initial annual interest rate will be %, and thereafter annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [No extendable provisions.] [If Securities are Floating Rate Debt Securities, insert— Initial annual interest rate will be % through and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Designated Representatives: BofA Securities, Inc. One Bryant Park New YorkXxx Xxxxxx Xxxx Xxx Xxxx, New York 10036 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Citigroup Global Markets Inc. 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Xxxxxx Xxxxxx of America Deutsche Bank Securities Inc. 0 Xxxxxxxx 00 Xxxx Xxxxxx New YorkXxx Xxxx, NY 10019 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America HSBC Securities (USA) Inc. 000 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Barclays Capital Inc. 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Xxxxxx Xxxxxxx & Co. LLC 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America NatWest Markets Securities Inc. 000 Xxxxxxxxxx Xxxxxxxxx Xxxxxxxx, Xxxxxxxxxxx 00000 Xxxxxx Xxxxxx of America RBC Capital Markets, LLC Brookfield Place 000 200 Xxxxx XxxxxxStreet, 8th Floor New York0xx Xxxxx Xxx Xxxx, NY 10281 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Santander Investment Securities Inc. 00 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Standard Chartered Bank One Basinghall Avenue London EC2V 5DD United Kingdom Barclays Capital Inc. 000 Xxxxxxx Xxx Xxxxxxxxxx Xxxxxx New York, NY 10019 United States of America BNP Paribas Securities Corp. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America Xxxxxxx Xxxxx & Co. LLC 000 Xxxx XX0X 0XX Xxxxxx New York, NY 10282 United States of America UK MiFIR/MiFID II professionals/ECPs-only/No PRIIPs or UK PRIIPS key information document (“KID”) – Standard Chartered Bank is a manufacturer under the UK MiFIR Product Governance Rules. No PRIIPs or UK PRIIPS KID has been prepared as the Designated Securities are not available to retail investors in the European Economic Area or the United Kingdom. Any offer of the Designated Securities, each announcement thereof and any document in which an offer is made or announced will comply with the laws and regulations of any State where persons to whom the offer is made are resident. As described in the Prospectus.Xxxxxxx

Extendable provisions. [Securities are repayable on , [insert date and years], at the option of the holder, at their principal amount with accrued interest. Initial annual interest rate will be %, and thereafter annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [No extendable provisions.] [If Securities are Floating Rate Debt Securities, insert— Initial annual interest rate will be % through and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Designated Representatives: BofA SecuritiesCitigroup Global Markets Inc. 000 Xxxxxxxxx Xxxxxx Xxx Xxxx, Inc. One Bryant Park New York, New York 10036 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Deutsche Bank Securities Inc. 0 Xxxxxxxx 00 Xxxx Xxxxxx New YorkXxx Xxxx, NY 10019 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America RBC Capital Markets, LLC Brookfield Place HSBC Securities (USA) Inc. 000 Xxxxx XxxxxxXxxxxx Xxx Xxxx, 8th Floor New York, NY 10281 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Standard Chartered Bank One Basinghall Avenue London EC2V 5DD United Kingdom Barclays Capital Inc. 000 Xxxxxx Xxxxxxx Xxxxxx New York, NY 10019 United States of America BNP Paribas Securities Corp. 000 Xxxxxxx Xxxxxx New York, NY 10019 United States of America Xxxxxxx Xxxxx & Co. LLC 0000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Xxxxxx of America Nomura Securities International, Inc. 000 Xxxx 00xx Xxxxxx New YorkXxx Xxxx, NY 10282 United States Xxx Xxxx 00000 Xxxxxx Xxxxxx of America UK MiFIR/MiFID II professionals/ECPs-only/No PRIIPs or UK PRIIPS key information document (“KID”) – Standard Chartered Bank is a manufacturer under the UK MiFIR Product Governance Rules. –No PRIIPs or UK PRIIPS KID has been prepared as the Designated Securities are not available to retail investors in the European Economic Area or the United KingdomArea. Any offer of the Designated Securities, each announcement thereof and any document in which an offer is made or announced will comply with the laws and regulations of any State where persons to whom the offer is made are resident. As described in the Prospectus.