Common use of FORM OF OPTION TO ELECT REPAYMENT Clause in Contracts

FORM OF OPTION TO ELECT REPAYMENT. The following text shall be attached to each Security to which the provisions of Section 11.08 apply: FORM OF OPTION TO ELECT REPAYMENT ON , . I or we hereby irrevocably elect to exercise the option to have the principal sum of together with accrued interest thereon to , repaid by the Company on , . If less than the entire principal amount of the Security is to be repaid specify the denomination or denominations (which shall be in authorized denominations) of the Securities to be issued to the Holder for the portion of the within Security not being repaid (in the absence of any such specification, one such Security will be issued for the portion not being repaid. Dated: ------------------------------ Signed: ------------------------------ Signature Guarantee: -------------------------------------- (Signature must be guaranteed by an eligible institution within the meaning of Rule 17A(d)-15 under the Securities Exchange Act of 1934, as amended) ARTICLE XII.

FORM OF OPTION TO ELECT REPAYMENT. The following text shall be attached to each Security to which the provisions of Section 11.08 1108 apply: FORM OF OPTION TO ELECT REPAYMENT ON ___________, . __________ I or we hereby irrevocably elect to exercise the option to have the principal sum of together with accrued interest thereon to __________, ___ repaid by the Company on ________________, ______. If less than the entire principal amount of the Security is to be repaid specify the denomination or denominations (which shall be in authorized denominations) of the Securities to be issued to the Holder for the portion of the within Security not being repaid (in the absence of any such specification, one such Security will be issued for the portion not being repaid. -------------------------------------------------------------------------------- Dated: ------------------------------ ------------------------------------------------------------------------- Signed: ------------------------------ ------------------------------------------------------------------------ Signature Guarantee: -------------------------------------- ---------------------------------------------- (Signature must be guaranteed by an eligible institution within the meaning of Rule 17A(d)-15 under the Securities Exchange Act of 1934, as amended) ARTICLE XII.TWELVE