Common use of Fixed Premium Prepayment Refinancing Privilege Clause in Contracts

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1, 2016

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1November 9, 20162017 FOR FFB USE ONLY: Bond Identifier: CFC-0011 Purchase Date: November 9, 0000 Xxxxx xx Xxxxx Xxxxxxxxxx, XX Last Day for an Advance (¶3) July 15, 2022 Maximum Principal Amount (¶4) $750,000,000.00 Final Maturity Date (¶5) July 15, 2042 FUTURE ADVANCE BOND SERIES M

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1November 18, 20160000 Xxxxx xx Xxxxx Xxxxxxxxxx, XX Last Day for an Advance (¶3) October 15, 2017 Maximum Principal Amount (¶4) $250,000,000.00 Final Maturity Date (¶5) October 15, 2037 SERIES H

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1February 13, 20160000 Xxxxx xx Xxxxx Xxxxxxxxxx, XX Last Day for an Advance (¶3) July 15, 2024 Maximum Principal Amount (¶4) $500,000,000.00 Final Maturity Date (¶5) July 15, 2054 FUTURE ADVANCE BOND SERIES P

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. RUS Alternative Premium Options: "X" for 10% premium declining over o7 og 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1November 15, 20160000 Xxxxx xx Xxxxx Xxxxxxxxxx, XX Last Day for an Advance (¶3) July 15, 2023 Maximum Principal Amount (¶4) $750,000,000.00 Final Maturity Date (¶5) July 15, 2043 FUTURE ADVANCE BOND SERIES N

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1November 19, 20162020 FOR FFB USE ONLY Place of Issue Washington, DC Bond Identifier: CFC-0014 Purchase Date: November 19, 2020 Last Day for an Advance (¶3) July 15, 2025 Maximum Principal Amount (¶4) $375,000,000.00 Final Maturity Date (¶5) July 15, 2055 FUTURE ADVANCE BOND SERIES R

Fixed Premium Prepayment Refinancing Privilege. then the borrower must select 1 of the following 3 alternative premium options. Alternative Premium Options: "X" for 10% premium declining over o7 10 years "V" for 5% premium declining over 5 years "P" for par (no premium) ________________________ 7Insert in the box "X" if the Borrower selects a 10% premium declining over 10 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "V" if the Borrower selects a 5% premium declining over 5 years as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. Insert in the box "P" if the Borrower selects par (no premium) as the premium option for the Fixed Premium Prepayment/Refinancing Privilege that is to apply to this Advance. ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 5 RUS The undersigned hereby certifies that the authority of the undersigned to execute and deliver this Advance Request on behalf of the Borrower is valid and in full force and effect on the date hereof. NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION (the "Borrower") By: _______________________ Name: _______________________ Title: _______________________ Date: _______________________ NOTICE OF RUS APPROVAL OF ADVANCE REQUEST Notice is hereby given to FFB that the preceding Advance Request made by the Borrower identified therein has been approved by RUS for purposes of the Bond identified therein. FOR ACCOUNTING USE ONLY: RUS Budget Account Number ____________ ADMINISTRATOR of the RURAL UTILITIES SERVICE, acting through his or her duly authorized designee By: ____________________________ Name: ___________________________ Title: _____________________________ Date: _____________________________ ADVANCE REQUEST (RUS APPROVAL REQ'D) - page 6 RUS EXHIBIT B TO BOND PURCHASE AGREEMENT FORM OF BOND RUS Bond Date December 1March 29, 20162016 FOR FFB USE ONLY: Bond Identifier: CFC-0009 Purchase Date: March 29, 0000 Xxxxx xx Xxxxx Xxxxxxxxxx, XX Last Day for an Advance (¶3) January 15, 2019 Maximum Principal Amount (¶4) $250,000,000.00 Final Maturity Date (¶5) January 15, 2039 SERIES K