Common use of Instructions Clause in Contracts

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have no obligation to take any action hereunder unless and until it receives Instructions issued in accordance with this Agreement. (b) The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys used in connection with the issuance of Instructions. (c) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions and, subject to the Standard of Care, BNY Mellon will be entitled to act and rely upon receipt any Instruction received by BNY Mellon. (d) All Instructions must include all information necessary, and must be delivered using such methods as are described in the Issuerdefinition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times, all as communicated in writing via Nexen (or a successor system) from time to time by BNY Mellon to the Customers. (e) BNY Mellon may in its sole discretion, and subject to the Standard of Care, decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(d) or that conflict with applicable law or regulations or BNY Mellon’s operating policies and practices (all as communicated in writing via Nexen (or a successor system) from time to time by BNY Mellon to the Customers), in which event BNY Mellon will promptly notify the relevant Customer. (f) Each Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions in accordance with the Standard of Care. The Trustee shall In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, each Customer agrees that the fact that such written confirmation is not be liable for any lossesreceived by BNY Mellon, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: will in no way affect (i) to assume all risks arising out BNY Mellon’s reliance on such Oral Instruction in accordance with the Standard of the use of Electronic Means to submit Instructions to the TrusteeCare, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (g) Each Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Each Customer agrees that the security procedures (procedures, if any) , to be followed in connection by the Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it the Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee Unless otherwise provided in this Appendix, ICCC shall have the right act only upon Oral and Written Instructions. ICCC shall be entitled to accept rely upon any Oral and act upon instructions, including funds transfer instructions Written Instruction it receives from an Authorized Person (“Instructions”or from a person reasonably believed by ICCC to be an Authorized Person) given pursuant to this Agreement. ICCC may assume that any Oral or Written Instruction received hereunder is not in any way inconsistent with the Indenture provisions of each Fund's Articles of Incorporation, the Portfolios' Declaration of Trust, the Master Services Agreement, or any Appendix attached thereto, or of any vote, resolution or proceeding of each Fund's Board of Directors, the Portfolios' Board of Trustees or shareholders. Each Fund and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued Portfolios agree to forward to ICCC Written Instructions confirming Oral Instructions so that ICCC receives the Written Instructions by the Trustee, close of business on the same day that such Oral Instructions are received. The fact that such confirming Written Instructions are not received by ICCC shall in no way invalidate the transactions or another method or system specified enforceability of the transactions authorized by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listingOral Instructions. If the Issuer elects to give the Trustee Instructions using Electronic Means Each Fund and the Trustee Portfolios further agree that ICCC shall incur no liability to each Fund or the Portfolios in its discretion elects to act acting upon Oral or Written Instructions provided such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport instructions reasonably appear to have been sent by received from an Authorized Officer listed on Person. If ICCC is in doubt as to any action it should or should not take, ICCC may request directions or advice, including Oral or Written Instructions, from each Fund or the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerPortfolios. The Issuer ICCC shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall protected in any action it takes or does not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s take in reliance upon directions, advice or Oral or Written Instructions it receives from each Fund, the Portfolios or from counsel and compliance which ICCC believes, in good faith, to be consistent with such Instructions notwithstanding such directions conflict those directions, advice or are inconsistent with a subsequent written instructionOral of Written Instructions. The Issuer agrees: Notwithstanding the foregoing, ICCC shall have no obligation (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trusteeseek such directions, including without limitation the risk of the Trustee acting on unauthorized advice or Oral or Written Instructions, and the risk of interception and misuse by third parties; or (ii) that it to act in accordance with such directions, advice or Oral or Written Instructions unless, under the terms of other provisions of this Appendix, the same is fully informed a condition of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise ICCC's properly taking or unauthorized use of the security proceduresnot taking such action.

Instructions. The Trustee (a) Unless otherwise provided in this Agreement, PFPC Trust shall have the right act only upon Oral Instructions and Written Instructions. (b) PFPC Trust shall be entitled to accept rely upon any Oral Instructions and act upon instructions, including funds transfer instructions Written Instructions it receives from an Authorized Person (“Instructions”or from a person reasonably believed by PFPC Trust to be an Authorized Person) given pursuant to this Agreement. PFPC Trust may assume that any Oral Instructions or Written Instructions received hereunder are not in any way inconsistent with the Indenture provisions of organizational documents of the Fund or of any vote, resolution or proceeding of the Board, or the Members unless and delivered using until PFPC Trust receives Written Instructions to the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued contrary. (c) The Fund agrees to forward to PFPC Trust Written Instructions confirming Oral Instructions (except where such Oral Instructions are given by PFPC Trust or its affiliates) so that PFPC Trust receives the Written Instructions by the Trustee, close of business on the same day that such Oral Instructions are received. The fact that such confirming Written Instructions are not received by PFPC Trust in no way shall invalidate the transactions or another method or system specified enforceability of the transactions authorized by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Oral Instructions. Where Oral Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Written Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport reasonably appear to have been sent by received from an Authorized Officer listed on the incumbency certificate provided Person, PFPC Trust shall incur no liability to the Trustee have been sent by Fund in acting upon such Authorized Officer. The Issuer shall be responsible for ensuring Oral Instructions or Written Instructions provided that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated PFPC Trust's actions comply with the various methods other provisions of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresthis Agreement.

Instructions. 5.1 The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee Administrator shall not be liable for for, and shall be indemnified by the Fund against any and all losses, costs costs, damages or expenses arising directly from or indirectly from the Trustee’s as a result of, any action taken or omitted in reliance upon Instructions or upon any other written notice, request, direction, instruction, certificate or other instrument believed by it to be genuine and compliance with signed or authorized by the proper party or parties. A list of persons so authorized by the General Partner (“Authorized Persons”) is attached hereto as Appendix B and upon which the Administrator may rely until its receipt of notification to the contrary by the General Partner. 5.2 Instructions shall include a written request, direction, instruction or certification signed or initialed on behalf of the Fund by one or more Authorized Persons. 5.3 Telephonic or other oral instructions or instructions given by telefax transmission may be given by any one of the above Authorized Persons and will also be considered Instructions if the Administrator believes them to have been given by a person authorized to give such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: respect to the transaction involved. 5.4 With respect to telefax transmissions, the Fund and the General Partner hereby acknowledge that (i) to assume all risks arising out receipt of the use of Electronic Means to submit Instructions to the Trusteelegible instructions cannot be assured, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) the Administrator cannot verify that it is fully informed of the protections authorized signatures on telefax instructions are original, and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) the Administrator shall not be responsible for losses or expenses incurred through actions taken in reliance on such telefax instructions. The Fund and the General Partner agree that the security procedures (if any) to such telefax instructions shall be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use conclusive evidence of the security proceduresFund’s/General Partner’s Instruction to the Administrator to act or to omit to act. 5.5 Instructions given orally will not be confirmed in writing and the lack of such confirmation shall in no way affect any action taken by the Administrator in reliance upon such oral Instructions. The Fund and the General Partner authorize the Administrator to tape record any and all telephonic or other oral Instructions given to the Administrator by or on behalf of the Fund (including any of the Fund’s or the General Partner’s officers, directors, trustees, employees or agents or any investment manager or adviser or person or entity with similar responsibilities which is authorized to give Instructions on behalf of the Fund to the Administrator.)

Instructions. (a) The Security Trustee shall have the right shall: (i) unless a contrary indication appears in a Bond Document, exercise or refrain from exercising any right, power, authority or discretion vested in it as Security Trustee in accordance with any instructions given to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued it by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder Bondholders' Representative; and (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”ii) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs act (or expenses arising directly omission) if it acts (or indirectly refrains from the Trustee’s reliance upon and compliance acting) in accordance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: paragraph (i) above. (b) The Security Trustee shall be entitled to request instructions, or clarification of any instruction, from the Bondholders' Representative as to whether, and in what manner, it should exercise or refrain from exercising any right, power, authority or discretion and the Security Trustee may refrain from acting unless and until it receives any such instructions or clarification that it has requested. (c) Unless a contrary indication appears in a Bond Document, any instructions given to the Security Trustee by the Bondholders' Representative shall override any conflicting instructions given by any other parties and will be binding on all Bondholders in accordance with the Terms and Conditions and German mandatory law. (d) The Security Trustee may refrain from acting in accordance with any instructions of the Bondholders' Representative until it has received any indemnification and/or security and/or prefunding that it may in its discretion require (which may be greater in extent than that contained in the Bond Documents and which may include payment in advance). (e) In order to meet any indemnification which might be requested by the Security Trustee in connection with any enforcement pursuant to Clause 9 (Enforcement of relevant Security), the Issuer shall deposit an amount of EUR 10,000 with the Security Trustee on or within 15 Business Days after the date of this Agreement (the "Prefunding Amount"). Should the Prefunding Amount be deemed insufficient by the Security Trustee to perform its obligations with respect to any enforcement of the rights granted under the Relevant Security, paragraph (d) above shall apply. (f) The Security Trustee shall be entitled to request a legal opinion from competent legal counsel at the cost of the Issuer before performing or refraining from performing any action in connection with this Agreement and any Relevant Security. (g) In the absence of instructions, the Security Trustee may act (or refrain from acting) as it considers to be in the best interest of the Bondholders. (h) The Security Trustee shall be under no obligation to monitor or supervise the functions of any other person, performance by the Issuer or any of the other parties to any Bond Documents of their respective obligations under the Bond Documents or any other agreement or document relating to the transactions herein or therein contemplated and shall be entitled, in the absence of actual knowledge of a breach of obligation, to assume all risks arising out of the use of Electronic Means to submit Instructions that each such person is properly performing and complying with its obligations. (i) Notwithstanding anything contained in this Agreement or any Bond Document, to the extent required by any applicable law, if the Security Trustee is or will be required to make any deduction or withholding from any distribution or payment made by it hereunder or if the Security Trustee is or will be otherwise charged to, or is or may become liable to, tax as a consequence of performing its duties hereunder whether as principal, agent or otherwise, or the other Bond Documents, and whether by reason of any assessment, prospective assessment or other imposition of liability to taxation of whatsoever nature and whenever made upon the Security Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse whether in connection with or arising from any sums received or distributed by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions or to the Trustee and that there which it may be more secure methods of transmitting Instructions entitled under this Agreement (other than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide remuneration as provided for herein) or any investments or deposits from time to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify time representing the Trustee immediately upon learning of same, including any compromise income or unauthorized use gains arising therefrom or any action of the security proceduresSecurity Trustee in connection with the obligations and rights of this Agreement (other than the remuneration herein specified) or otherwise, then the Security Trustee shall be entitled to make such deduction or withholding or, as the case may be, to retain out of sums received by it an amount sufficient to discharge any liability to tax which relates to sums so received or distributed or to discharge any such other liability of the Security Trustee to tax from the funds held by the Security Trustee upon the rights and obligations of this Agreement.

Instructions. (A) The Trustee shall have the right to accept Custodian may, in its reasonable discretion and without liability on its part, rely and act upon instructions, including funds transfer instructions (“Instructions”and the Client shall be bound by) given pursuant any Instructions received by the Custodian which conform to the Indenture security standards and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued requirements of this Section 5. Instructions shall continue in full force and effect until canceled or superseded; PROVIDED THAT any Instruction canceling or superseding a prior Instruction must be received by the Trustee, or another method or system specified by Custodian at a time and in a manner that accords the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever Custodian a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects reasonable opportunity to act upon such Instructions, Instruction. The Custodian shall be entitled to rely upon the Trustee’s understanding continued authority of such any Authorized Person to give Instructions until the Custodian receives notice from the Client to the contrary. (B) Instructions shall be deemed controllinggoverned by and carried out subject to the prevailing laws, rules, operating procedures and market practice of any relevant stock exchange, Clearance System or market where or through which they are to be executed or carried out, and shall be acted upon only during banking hours (including applicable cut-off times) and on banking days when the applicable financial markets are open for business. (C) Instructions delivered to the Custodian by telephone or facsimile shall be promptly confirmed in writing, by tested telex, SWIFT, letter, the Custodian's proprietary electronic banking system or as provided in the Service Standards, such confirmation shall, where relevant, be made by an Authorized Person. However, the Custodian may, in its absolute discretion, rely and act upon telephone or facsimile Instructions before the written confirmation is received. (D) The Issuer understands Custodian has offered the Client security procedures for the transmission of Instructions to the Custodian (and the Client acknowledges that it has received the same and agrees that the Trustee cannot determine security procedures mutually agreed to by the Client and the Custodian are commercially reasonable). As long as the Custodian acts in compliance with such security procedures and this Section 5, it shall have no further duty to verify the identity or authority of the actual sender person giving or confirming, or the genuineness or contents of, any Instruction. (E) The Custodian is authorized to rely upon any Instructions received by any means, provided that the Custodian and the Client have agreed upon the means of transmission and the method of identification for such Instructions. (F) Instructions are to be given in the English language. If the Custodian reasonably determines that an Instruction is either unclear or materially incomplete, the Custodian shall give prompt notice of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided determination to the Trustee have been sent by Client, and the Client shall amend or otherwise reform such Authorized OfficerInstruction. The Issuer shall be responsible for ensuring that only Authorized Officers transmit Custodian may in its reasonable discretion and without any liability on its part, act upon what it reasonably believes in good faith such Instructions to be; notwithstanding any other provision hereof, the Trustee Custodian shall have the right, in its reasonable discretion to refuse to execute any such Instruction, in which event the Custodian shall notify the Client of such refusal without undue delay. (G) The Client agrees to be bound by any Instructions, whether or not authorized, given to the Custodian in the Client's name and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt accepted by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated Custodian in accordance with the various methods provisions of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.this

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring requiring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys used in connection with the issuance of Instructions. (c) Where Customer may or is required to issue Instructions, such Instructions will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions and will be entitled to act and rely upon receipt any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary and must be delivered using such methods as are described in the definition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or regulations as determined by the Issueradvice of BNY Mellon’s counsel or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer to the extent permitted by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. The Trustee shall In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written confirmation is not be liable for any lossesreceived by BNY Mellon, costs or expenses arising directly or indirectly from that such written confirmation contradicts the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the this Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer Company shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer Company whenever a Person person is to be added or deleted from the listing. If the Issuer Company elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s 's understanding of such Instructions shall be deemed controlling. The Issuer Company understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer Company shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer Company and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the IssuerCompany. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s 's reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer Company agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the IssuerCompany; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. A. Unless otherwise provided in this Agreement, the Sub-Distributor shall act only upon Oral Instructions or Written Instructions. B. The Trustee Sub-Distributor shall have be entitled to rely upon any Oral Instruction or Written Instruction it receives from an Authorized Person (or from a person reasonably believed by the right Sub-Distributor to accept and act upon instructions, including funds transfer instructions (“Instructions”be an Authorized Person) given pursuant to this Agreement. The Sub-Distributor may assume that any Oral Instruction or Written Instruction received hereunder is not in any way inconsistent with the Indenture provisions of the Fund’s organizational documents or this Agreement or with any vote, resolution or proceeding of the Fund’s Board of Directors or the Fund’s shareholders, unless and delivered using until the following communications methods: S.W.I.F.T.Sub-Distributor receives Written Instructions to the contrary. C. The Fund, ethe Adviser and the Distributor, as applicable, agree to forward to the Sub-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued Distributor Written Instructions confirming Oral Instructions so that the Sub-Distributor receives the Written Instructions by the Trustee, or another method or system specified close of business on the same day that such Oral Instructions are received. The fact that such confirming Written Instructions are not received by the Trustee as available for use Sub-Distributor or differ from the Oral Instructions shall in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that no way invalidate the Issuer shall provide to transactions or enforceability of the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended transactions authorized by the Issuer whenever a Person is Oral Instructions or the Sub-Distributor’s ability to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act rely upon such Oral Instructions, the Trustee’s understanding of such . Where Oral Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such or Written Instructions and that the Trustee shall conclusively presume that directions that purport reasonably appear to have been sent by received from an Authorized Officer listed on Person, the incumbency certificate provided Sub-Distributor shall incur no liability to the Trustee Fund, the Adviser and the Distributor in acting upon such Oral Instructions or Written Instructions provided that the Sub-Distributor’s actions comply with the other provisions of this Agreement. D. Where Oral Instructions or Written Instructions reasonably appear to have been sent by such received from an Authorized Officer. The Issuer Person, the Sub-Distributor shall be responsible for ensuring that only Authorized Officers transmit such Instructions incur no liability to the Trustee Fund, the Adviser and the Distributor in acting upon such Oral Instructions or Written Instructions provided that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the TrusteeSub-Distributor’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated actions comply with the various methods other provisions of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresthis Agreement.

Instructions. (a) The Collateral Trustee shall have the right shall: (i) unless a contrary indication appears in a Bond Document, exercise or refrain from exercising any right, power, authority or discretion vested in it as Collateral Trustee in accordance with any instructions given to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued it by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder Bondholders' Representative; and (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”ii) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs act (or expenses arising directly omission) if it acts (or indirectly refrains from the Trustee’s reliance upon and compliance acting) in accordance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: paragraph (i) above. (b) The Collateral Trustee shall be entitled to request instructions, or clarification of any instruction, from the Bondholders' Representative as to whether, and in what manner, it should exercise or refrain from exercising any right, power, authority or discretion and the Collateral Trustee may refrain from acting unless and until it receives any such instructions or clarification that it has requested. (c) Unless a contrary indication appears in a Bond Document, any instructions given to the Collateral Trustee by the Bondholders' Representative shall override any conflicting instructions given by any other parties and will be binding on all Bondholders in accordance with the Terms and Conditions and German mandatory law. (d) The Collateral Trustee may refrain from acting in accordance with any instructions of the Bondholders' Representative until it has received any indemnification and/or security and/or prefunding that it may in its discretion require (which may be greater in extent than that contained in the Bond Documents and which may include payment in advance). (e) In the absence of instructions, the Collateral Trustee may act (or refrain from acting) as it considers to be in the best interest of the Bondholders. (f) The Collateral Trustee shall be entitled to request a legal opinion from competent legal counsel at the cost of the Issuer before performing or refraining from performing any action in connection with this Agreement and any Relevant Security, provided that, in such case, the Collateral Trustee shall obtain and present to the Issuer fee quotes from at least two legal counsel. (g) The Collateral Trustee shall be under no obligation to monitor or supervise the functions of any other person, performance by the Issuer or any of the other parties to any Bond Documents of their respective obligations under the Bond Documents or any other agreement or document relating to the transactions herein or therein contemplated and shall be entitled, in the absence of actual knowledge of a breach of obligation, to assume all risks arising out of the use of Electronic Means to submit Instructions that each such person is properly performing and complying with its obligations. (h) Notwithstanding anything contained in this Agreement or any Bond Document, to the extent required by any applicable law, if the Collateral Trustee is or will be required to make any deduction or withholding from any distribution or payment made by it hereunder or if the Collateral Trustee is or will be otherwise charged to, or is or may become liable to, tax as a consequence of performing its duties hereunder whether as principal, agent or otherwise, or the other Bond Documents, and whether by reason of any assessment, prospective assessment or other imposition of liability to taxation of whatsoever nature and whenever made upon the Collateral Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse whether in connection with or arising from any sums received or distributed by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions or to the Trustee and that there which it may be more secure methods of transmitting Instructions entitled under this Agreement (other than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide remuneration as provided for herein) or any investments or deposits from time to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify time representing the Trustee immediately upon learning of same, including any compromise income or unauthorized use gains arising therefrom or any action of the security proceduresCollateral Trustee in connection with the obligations and rights of this Agreement (other than the remuneration herein specified) or otherwise, then the Collateral Trustee shall be entitled to make such deduction or withholding or, as the case may be, to retain out of sums received by it an amount sufficient to discharge any liability to tax which relates to sums so received or distributed or to discharge any such other liability of the Collateral Trustee to tax from the funds held by the Collateral Trustee upon the rights and obligations of this Agreement.

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”a) given pursuant Subject to the Indenture terms below, Bank shall be entitled to rely upon any Written or Oral Instructions actually received by Bank and delivered using reasonably believed by Bank to be duly authorized and delivered. Client agrees that an Authorized Person shall forward to Bank Written Instructions confirming Oral Instructions by the following communications methods: S.W.I.F.T.close of business of the same day that such Oral Instructions are given to Bank. Client agrees that the fact that such confirming Written Instructions are not received or that contrary Written Instructions are received by Bank shall in no way affect the validity or enforceability of transactions authorized by such Oral Instructions and effected by Bank. (b) If Bank receives Written Instructions which appear on their face to have been transmitted by an Authorized Person via (i) computer facsimile, e-mailemail, facsimile transmissionthe Internet or other insecure electronic method, or (ii) secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteekeys, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer Client understands and agrees that the Trustee Bank cannot determine the identity of the actual sender of such Written Instructions and that the Trustee Bank shall conclusively presume that directions that purport to such Written Instructions have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerPerson. The Issuer Lender shall be responsible for ensuring that only Authorized Officers Persons transmit such Written Instructions to the Trustee Bank and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of Persons treat applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon with extreme care. (c) Client and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, each Lender acknowledges and the risk of interception and misuse by third parties; (ii) agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Written Instructions to the Trustee Bank and that there may be more secure methods of transmitting Written Instructions than the method(s) selected by the Issuer; (iii) Client. Client agrees that the security procedures (if any) to be followed in connection with its transmission of Written Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; . (d) If Client elects to transmit Written Instructions through an on-line communication system offered by Bank, Client’s use thereof shall be subject to the Terms and Conditions which are contained in the agreement for custodial services between Lender and Bank pursuant to which the Account is established hereunder, or in the absence thereof, Bank’s standard Terms and Conditions for use of such system. If Client elects (ivwith Bank’s prior consent) to notify transmit Written Instructions through an on-line communications service owned or operated by a third party, Lender agrees that Bank shall not be responsible or liable for the Trustee immediately upon learning reliability or availability of any compromise or unauthorized use of the security proceduressuch service.

Instructions. The Trustee (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have no obligation to take, and shall have the right to accept not take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with a subsequent written instruction. The Issuer agrees: (i) any Authorized Person until notified otherwise pursuant to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon from an Authorized Person. (e) All Instructions must include all information necessary, and must be delivered using such methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time to enable BNY Mellon to act upon such Instructions. BNY Mellon will make available the risk required format(s) of interception Instructions and misuse by third parties; cut-off times to Customer on or before the Effective Date and will make available notice of any changes thereto prior to the effective date of any such changes . (iif) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or regulations or BNY Mellon’s operating policies and practices in which event BNY Mellon will promptly notify Customer and will include the reason for BNY Mellon’s decision for declining to act. BNY Mellon will make available to Customer at all times BNY Mellon’s then-current and relevant operating policies and practices. (g) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”a) given pursuant Subject to the Indenture terms below, Bank shall be entitled to rely upon any Written or Oral Instructions actually received by Bank and delivered using reasonably believed by Bank to be duly authorized and delivered. Client agrees that an Authorized Person shall forward to Bank Written Instructions confirming Oral Instructions by the following communications methods: S.W.I.F.T.close of business of the same day that such Oral Instructions are given to Bank. Client agrees that the fact that such confirming Written Instructions are not received or that contrary Written Instructions are received by Bank shall in no way affect the validity or enforceability of transactions authorized by such Oral Instructions and effected by Bank. (b) If Bank receives Written Instructions which appear on their face to have been transmitted by an Authorized Person via (i) computer facsimile, e-mailemail, facsimile transmission, the Internet or other insecure electronic method or (ii) secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteekeys, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer Client understands and agrees that the Trustee Bank cannot determine the identity of the actual sender of such Written Instructions and that the Trustee Bank shall conclusively presume that directions that purport to such Written Instructions have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerPerson. The Issuer Lender shall be responsible for ensuring that only Authorized Officers Persons transmit such Written Instructions to the Trustee Bank and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of Persons treat applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon with extreme care. (c) Client and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, each Lender acknowledges and the risk of interception and misuse by third parties; (ii) agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Written Instructions to the Trustee Bank and that there may be more secure methods of transmitting Written Instructions than the method(s) selected by the Issuer; (iii) Client. Client agrees that the security procedures (if any) to be followed in connection with its transmission of Written Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; . (d) If Client elects to transmit Written Instructions through an on-line communication system offered by Bank, Client’s use thereof shall be subject to the Terms and Conditions which are contained in the agreement for custodial services between Lender and Bank pursuant to which the Account is established hereunder, or in the absence thereof, Bank’s standard Terms and Conditions for use of such system. If Client elects (ivwith Bank’s prior consent) to notify transmit Written Instructions through an on-line communications service owned or operated by a third party, Lender agrees that Bank shall not be responsible or liable for the Trustee immediately upon learning reliability or availability of any compromise or unauthorized use of the security proceduressuch service.

Instructions. The Trustee 1. This form is authorized for use when a bid guaranty is required. Any deviation from this form will require the written approval of the Administrator of General Services. 2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall have sign the right to accept and act upon instructionsbond. Any person signing in a representative capacity (e.g., including funds transfer instructions (“Instructions”an attorney-in-fact) given pursuant to must furnish evidence of authority if that representative is not a member of the Indenture and delivered using the following communications methods: S.W.I.F.T.firm, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteepartnership, or another method joint venture, or system specified by an officer of the Trustee corporation involved. 3. The bond may express penal sum as available for use a percentage of the bid price. In these cases, the bond may state a maximum dollar limitation (e.g., 20% of the bid price but the amount not to exceed dollars). (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the LIABILITY LIMIT block is the penal sum (i.e., the face value) of the bond, unless a co-surety arrangement is proposed. (b) When multiple corporate sureties are involved, their names and addresses shall appear in connection with its services hereunder the spaces (collectivelySurety A, “Electronic Means”Surety B, etc.) headed "CORPORATE SURETY(IES); provided." In the space designated "SURETY(IES)" on the face of the form, howeverinsert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bond, provided that the Issuer sum total of their liability equals 100% of the bond penal sum. (c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety, shall provide accompany the bond. The Government may require the surety to furnish additional substantiating information concerning its financial capability. 5. Corporations executing the Trustee bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Corporate Seal"; and shall affix an incumbency certificate listing officers with adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals. 6. Type the authority name and title of each person signing this bond in the space provided. 7. In its application to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructionsnegotiated contracts, the Trustee’s understanding of such Instructions terms "bid" and "bidder" shall be deemed controllinginclude "proposal" and "offeror." STANDARD FORM 24 (REV. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i8/2016) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.BACK

Instructions. (a) The Trustee shall have the right to accept and act upon instructionsshall: (i) exercise or refrain from exercising any right, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T.power, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, authority or another method or system specified by the Trustee discretion vested in it as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects accordance with any instructions given to act upon such Instructionsit by: (A) all Bridge Noteholders if the relevant Bridge Finance Document stipulates the matter is an all Bridge Noteholder decision; (B) the relevant Finance Party or group of Finance Parties if a Bridge Finance Document stipulates the matter is a decision for that Finance Party or group of Finance Parties; and (C) in all other cases, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall Majority Bridge Noteholders; and (ii) not be liable for any lossesact (or omission) if it acts (or refrains from acting) in accordance with paragraph (i) above (or, costs if a Bridge Finance Document stipulates the matter is a decision for any other Finance Party or expenses arising directly group of Finance Parties, from that Finance Party or indirectly group of Finance Parties). (b) The Trustee shall be entitled to request instructions, or clarification of any instruction, from the Majority Bridge Noteholders (or, if the relevant Bridge Finance Document stipulates the matter is a decision for any other Finance Party or group of Finance Parties, from that Finance Party or group of Finance Parties) as to whether, and in what manner, it should exercise or refrain from exercising any right, power, authority or discretion. The Trustee may refrain from acting unless and until it receives any such instructions or clarification that it has requested. (c) Save in the case of decisions stipulated to be a matter for any other Finance Party or group of Finance Parties under the relevant Bridge Finance Document and unless a contrary indication appears in a Bridge Finance Document, any instructions given to the Trustee by the Majority Bridge Noteholders shall override any conflicting instructions given by any other Parties and will be binding on all Finance Parties. (d) Paragraph (a) above shall not apply: (i) where a contrary indication appears in a Bridge Finance Document; (ii) where a Bridge Finance Document requires the Trustee to act in a specified manner or to take a specified action; (iii) in respect of any provision which protects the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: own position in its personal capacity as opposed to its role of Trustee for the relevant Finance Parties including, without limitation, Clause 16.4 (iNo fiduciary duties) to assume all risks arising out Clause 16.9 (Exclusion of liability) and Clause 16.13 (Confidentiality); (e) If giving effect to instructions given by the Majority Bridge Noteholders would (in the Trustee’s opinion) have an effect equivalent to an amendment or waiver referred to in Clause 22 (Amendments and Waivers), the Trustee shall not act in accordance with those instructions unless consent to it so acting is obtained from each Party whose consent would have been required in respect of that amendment or waiver. (f) The Trustee may refrain from acting in accordance with any instructions of any Finance Party or group of Finance Parties until it has received any indemnification, prefunding and/or security that it may in its discretion require (which may be greater in extent than that contained in the Bridge Finance Documents and which may include payment in advance) for any cost, loss or liability which it may incur in complying with those instructions. This paragraph (f) shall not apply to any legal or arbitration proceeding relating to the perfection, preservation, or protection of rights under the Transaction Security Documents or enforcement of the use of Electronic Means to submit Instructions Transaction Security or Transaction Security Documents. (g) Without prejudice to the Trusteeremainder of this Clause 16.2, including without limitation in the risk absence of instructions, the Trustee may act (or refrain from acting) as it considers to be in the best interest of the Finance Parties. (h) The Trustee acting is not authorised to act on unauthorized Instructions, and the risk behalf of interception and misuse by third parties; a Finance Party (iiwithout first obtaining that Finance Party’s consent) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions in any legal or arbitration proceedings relating to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresBridge Finance Document.

Instructions. The Trustee “Instructions,” as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the Borrower shall have the right from time to accept and act upon instructions, including funds transfer instructions time authorized (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, it being understood that the Issuer Manager shall provide to the Trustee an incumbency certificate listing officers with have the authority to provide such Instructions on behalf of the Borrower as of the date on which the parties hereto are entering this Agreement). Upon receipt by the Custodian of a Notice of Exclusive Control (“Authorized Officers”as defined in the Control Agreement) pursuant to the Control Agreement, the Custodian acknowledges that the Secured Party under the Control Agreement shall have the authority to provide Instructions. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved; the Borrower (or the Manager on behalf of the Borrower) shall cause all oral instructions to be confirmed in writing. Instructions may include communications effected directly between electro-mechanical or electronic devices; provided that the Borrower and containing specimen signatures the Custodian agree to security procedures including, but not limited to, the security procedures selected by the Borrower via the form of Funds Transfer Addendum attached hereto. For purposes of this Section, Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.11. Instructions may be standing or continuing instructions. Any Instructions given to the Custodian pursuant to Section 2.8 shall specify the specific amounts of the allocations, payments, amounts, deposits, transfers or withdrawals addressed therein, and such Authorized Officers, which incumbency certificate other information as shall be amended by sufficient to enable the Issuer whenever a Person is Custodian to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of carry out such Instructions and that take the Trustee related actions in accordance with the Section 2.8 of this Agreement. The Custodian shall conclusively presume that directions that purport be fully protected in relying exclusively on any of the information set forth in any Instruction delivered to it and shall have been sent by an Authorized Officer listed on no independent obligation to verify, calculate or recalculate any amount set forth in any such Instructions delivered in accordance with this Agreement. Concurrently with the incumbency certificate provided execution of this Agreement, and from time to time thereafter, as appropriate, the Borrower shall deliver to the Trustee have been sent Custodian, duly certified by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to a Responsible Officer of the Trustee and that Managing Member and/or the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codesManager, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agreescertificate setting forth: (i) the names, titles, signatures and scope of authority of all persons authorized to assume all risks arising out give Instructions or any other notice, request, direction, instruction, certificate or instrument on behalf of the use Borrower (it being understood that the Custodian hereby acknowledges that any incumbency certificate delivered by each of Electronic Means the Managing Member and/or the Manager on the Closing Date constitutes a certificate meeting the aforementioned requirements). Such certificate may be accepted and relied upon by the Custodian as conclusive evidence of the facts set forth therein and shall be considered to submit Instructions be in full force and effect until receipt by the Custodian of a similar certificate to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedurescontrary.

Instructions. The Trustee 1. Where the method for transmitting Instructions by the Fund involves an automatic systems acknowledgment by the Custodian of its receipt of such Instructions, then in the absence of such acknowledgment the Custodian shall have the right not be liable for any failure to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of Fund may not claim that such Instructions were received by the Custodian, and the Fund shall deliver Instructions by some other means. (a) The Fund agrees that where it delivers to the Custodian Instructions hereunder, it shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport Fund's sole responsibility to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring ensure that only Authorized Officers persons duly authorized by the Fund transmit such Instructions to the Trustee and that Custodian. The Fund will cause all persons transmitting Instructions to the Issuer and all Authorized Officers are solely responsible Custodian to safeguard the use and confidentiality of treat applicable user and authorization codes, passwords and/or and authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructionsextreme care, and irrevocably authorizes the risk of interception Custodian to act in accordance with and misuse rely upon Instructions received by third parties; it pursuant hereto. (iib) The Fund hereby represents, acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee Custodian and that there may be more secure methods of transmitting Instructions instructions to the Custodian than the method(s) selected by the Issuer; (iii) Fund. The Fund hereby agrees that the security procedures (if any) to be followed in connection with its the Fund's transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; . 3. The Fund hereby represents, warrants and covenants to the Custodian that this Agreement has been duly approved by a resolution of its Board of Trustees, and that its transmission of Instructions pursuant hereto shall at all times comply with the Investment Company Act. 4. The Fund shall notify the Custodian of any errors, omissions or interruptions in, or delay or unavailability of, its ability to send Instructions as promptly as practicable, and in any event within 24 hours after the earliest of (i) discovery thereof, (ii) the Business Day on which discovery should have occurred through the exercise of reasonable care, and (iviii) to notify in the Trustee immediately upon learning case of any compromise or unauthorized use error, the date of actual receipt of the security proceduresearliest notice which reflects such error, it being agreed that discovery and receipt of notice may only occur on a business day. The Custodian shall promptly advise the Fund whenever the Custodian learns of any errors, omissions or interruption in, or delay or unavailability of, the Fund's ability to send Instructions.

Instructions. The Trustee Sub-Administrator shall have the right be entitled to accept and act rely upon instructions, including funds transfer instructions (“Instructions”) given any Oral Instruction or Written Instruction it receives pursuant to this Agreement. For purposes of this Agreement: (1) “Authorized Persons” means any officer of the Indenture Company and delivered using the following communications methods: S.W.I.F.T.any other person duly authorized by BlackRock to provide oral or written instructions under this Agreement; (2) “Oral Instructions” means oral instructions received by Sub-Administrator from an Authorized Person or a person reasonably believed by Sub-Administrator to be an Authorized Person (Sub-Administrator may, ein its sole discretion in each separate instance, consider and rely upon instructions it receives from an Authorized Person (or a person reasonably believed by Sub-mail, facsimile transmission, secure Administrator to be an Authorized Person) via electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee mail as available for use in connection with its services hereunder (collectively, “Electronic Means”Oral Instructions); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions and (3) “Authorized Officers”Written Instructions” means (i) written instructions received by Sub-Administrator and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent signed by an Authorized Officer listed on Person or a person reasonably believed by Sub-Administrator to be an Authorized Person or (ii) trade instructions received by Sub-Administrator if the incumbency certificate provided to the Trustee have been sent trade instruction was transmitted by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality means of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of an electronic transaction reporting system which requires the use of Electronic Means a password or other authorized identifier in order to submit gain access. Written Instructions may be delivered electronically (provided that instructions delivered via electronic mail shall be treated as set forth under the definition of “Oral Instructions” above) or by hand, mail or facsimile sending device. BlackRock agrees to forward to Sub-Administrator a Written Instruction confirming an Oral Instruction so that Sub-Administrator receives the Trustee, including without limitation confirming Written Instruction by the risk close of business on the same day that such Oral Instruction is received; the fact that such confirming Written Instruction is not received by Sub-Administrator or differs from the Oral Instruction shall in no way invalidate the transactions or enforceability of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected transactions authorized by the Issuer; (iii) that the security procedures (if any) Oral Instruction or Sub-Administrator’s ability to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately rely upon learning of any compromise or unauthorized use of the security proceduressuch Oral Instruction.

Instructions. The Trustee “Instructions,” as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the Borrower shall have the right from time to accept and act upon instructions, including funds transfer instructions time authorized (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, it being understood that the Issuer relevant Manager shall provide to the Trustee an incumbency certificate listing officers with have the authority to provide such Instructions on behalf of the Borrower as of the date on which the parties hereto are entering this Agreement). Upon receipt by the Custodian of a Notice of Exclusive Control (“Authorized Officers”as defined in the Control Agreement) pursuant to the Control Agreement, the Custodian acknowledges that the Secured Party under the Control Agreement shall have the sole authority to provide Instructions. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved; the Borrower (or the relevant Manager on behalf of the Borrower) shall cause all oral instructions to be confirmed in writing. Instructions may include communications effected directly between electro-mechanical or electronic devices; provided that the Borrower and containing specimen signatures the Custodian agree to security procedures. For purposes of this Section, Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.11. Instructions may be standing or continuing instructions. Any Instructions given to the Custodian pursuant to Section 2.7 shall specify the specific amounts of the allocations, payments, amounts, deposits, transfers or withdrawals addressed therein, and such Authorized Officers, which incumbency certificate other information as shall be amended by sufficient to enable the Issuer whenever a Person is Custodian to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of carry out such Instructions and that take the Trustee related actions in accordance with the Section 2.7 of this Agreement. The Custodian shall conclusively presume that directions that purport be fully protected in relying exclusively on any of the information set forth in any Instruction delivered to it and shall have been sent by an Authorized Officer listed on no independent obligation to verify, calculate or recalculate any amount set forth in any such Instructions delivered in accordance with this Agreement. Concurrently with the incumbency certificate provided execution of this Agreement, and from time to time thereafter, as appropriate, the Borrower shall deliver to the Trustee have been sent Custodian, duly certified by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to a Responsible Officer of the Trustee and that Managing Member and/or the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codesrelevant Manager, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agreescertificate setting forth: (i) the names, titles, signatures and scope of authority of all persons authorized to assume all risks arising out give Instructions or any other notice, request, direction, instruction, certificate or instrument on behalf of the use Borrower (it being understood that the Custodian hereby acknowledges that any incumbency certificate delivered by each of Electronic Means the Managing Member and/or the relevant Manager on the Closing Date constitutes a certificate meeting the aforementioned requirements). Such certificate may be accepted and relied upon by the Custodian as conclusive evidence of the facts set forth therein and shall be considered to submit Instructions be in full force and effect until receipt by the Custodian of a similar certificate to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedurescontrary.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions; provided that, after the execution of this Agreement or as soon as practicable thereafter, BNY Mellon shall make available to Customer such required information, methods, cut-off times and other applicable timing requirements. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions; provided that, after the execution of this Agreement or as soon as practicable thereafter, BNY Mellon shall make available to Customer such required information, methods, cut-off times and other applicable timing requirements. (f) BNY Mellon may, in its sole discretion, decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”a) given pursuant Subject to the Indenture terms below, Bank shall be entitled to rely upon any Written or Oral Instructions actually received by Bank and delivered using reasonably believed by Bank to be duly authorized and delivered. Client agrees that an Authorized Person shall forward to Bank Written Instructions confirming Oral Instructions by the following communications methods: S.W.I.F.T.close of business of the same day that such Oral Instructions are given to Bank. Client agrees that the fact that such confirming Written Instructions are not received or that contrary Written Instructions are received by Bank shall in no way affect the validity or enforceability of transactions authorized by such Oral Instructions and effected by Bank. (b) If Bank receives Written Instructions which appear on their face to have been transmitted by an Authorized Person via (i) computer facsimile, e-mailemail, facsimile transmissionthe Internet or other insecure electronic method, or (ii) secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteekeys, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer Client understands and agrees that the Trustee Bank cannot determine the identity of the actual sender of such Written Instructions and that the Trustee Bank shall conclusively presume that directions that purport to such Written Instructions have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerPerson. The Issuer Lender shall be responsible for ensuring that only Authorized Officers Persons transmit such Written Instructions to the Trustee Bank and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of Persons treat applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon with extreme care. (c) Client and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, each Lender acknowledges and the risk of interception and misuse by third parties; (ii) agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Written Instructions to the Trustee Bank and that there may be more secure methods of transmitting Written Instructions than the method(s) selected by the Issuer; (iii) Client. Client agrees that the security procedures (if any) to be followed in connection with its transmission of Written Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; . (d) If Client elects to transmit Written Instructions through an on-line communication system offered by Bank, Client's use thereof shall be subject to the Terms and Conditions which are contained in the agreement for custodial services between Lender and Bank pursuant to which the Account is established hereunder, or in the absence thereof, Bank's standard Terms and Conditions for use of such system. If Client elects (ivwith Bank's prior consent) to notify transmit Written Instructions through an on-line communications service owned or operated by a third party, Lender agrees that Bank shall not be responsible or liable for the Trustee immediately upon learning reliability or availability of any compromise or unauthorized use of the security proceduressuch service.

Instructions. The Trustee “Instructions,” as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the Borrower shall have the right from time to accept and act upon instructions, including funds transfer instructions time authorized (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, it being understood that the Issuer Manager shall provide to the Trustee an incumbency certificate listing officers with have the authority to provide such Instructions on behalf of the Borrower as of the date on which the parties hereto are entering this Agreement). Upon receipt by the Custodian of a Notice of Exclusive Control (“Authorized Officers”as defined in the Control Agreement) pursuant to the Control Agreement, the Custodian acknowledges that the Secured Party under the Control Agreement shall have the authority to provide Instructions. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved; the Borrower (or the Manager on behalf of the Borrower) shall cause all oral instructions to be confirmed in writing. Instructions may include communications effected directly between electro-mechanical or electronic devices; provided that the Borrower and containing specimen signatures the Custodian agree to security procedures. For purposes of this Section, Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.11. Instructions may be standing or continuing instructions. Any Instructions given to the Custodian pursuant to Section 2.8 shall specify the specific amounts of the allocations, payments, amounts, deposits, transfers or withdrawals addressed therein, and such Authorized Officers, which incumbency certificate other information as shall be amended by sufficient to enable the Issuer whenever a Person is Custodian to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of carry out such Instructions and that take the Trustee related actions in accordance with the Section 2.8 of this Agreement. The Custodian shall conclusively presume that directions that purport be fully protected in relying exclusively on any of the information set forth in any Instruction delivered to it and shall have been sent by an Authorized Officer listed on no independent obligation to verify, calculate or recalculate any amount set forth in any such Instructions delivered in accordance with this Agreement. Concurrently with the incumbency certificate provided execution of this Agreement, and from time to time thereafter, as appropriate, the Borrower shall deliver to the Trustee have been sent Custodian, duly certified by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to a Responsible Officer of the Trustee and that Managing Member and/or the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codesManager, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agreescertificate setting forth: (i) the names, titles, signatures and scope of authority of all persons authorized to assume all risks arising out give Instructions or any other notice, request, direction, instruction, certificate or instrument on behalf of the use Borrower (it being understood that the Custodian hereby acknowledges that any incumbency certificate delivered by each of Electronic Means the Managing Member and/or the Manager on the Closing Date constitutes a certificate meeting the aforementioned requirements). Such certificate may be accepted and relied upon by the Custodian as conclusive evidence of the facts set forth therein and shall be considered to submit Instructions be in full force and effect until receipt by the Custodian of a similar certificate to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedurescontrary.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning . Table of any compromise or unauthorized use of the security procedures.Contents

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons appropriately safeguard the use and confidentiality of applicable any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section (e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall have (a) Unless otherwise explicitly provided for in this Agreement, Custodian will perform its duties under this Agreement pursuant to Instructions. (b) Client must deliver Instructions in accordance with a Custodian Designated Security Procedure, unless Client elects to transmit an Instruction in accordance with a Client Designated Security Procedure. (c) Client may use a Client Designated Security Procedure to transmit Instructions only if Custodian has agreed to and acknowledged that procedure. If Client determines to use [***], it must provide Custodian sufficient notice and information to allow testing or ​ ​ other confirmation that Instructions received via the Client Designated Security Procedure can be processed [***]. Custodian may require Client to execute additional documentation prior to the use of such transmission method. Custodian’s acknowledgment of a [***] will authorize it to accept such means of delivery but will not represent a [***]. In electing to transmit an Instruction via a Client Designated Security Procedure, Client: (i) agrees to be bound by the transaction(s) or payment order(s) specified on said Instruction, whether or not authorized, and accepted by Custodian in compliance with such Client Designated Security Procedure; and (ii) accepts the risk associated with such Client Designated Security Procedure and confirms it is commercially reasonable for the transmission and authentication of the Instruction. (d) Instructions provided [***] will be binding upon Custodian only if and when Custodian takes action with respect thereto. Custodian reserves the right to accept and act upon instructions, including funds transfer instructions restrict Client’s use of telephonic Instruction and/or to require Client to [***]. (“Instructions”e) given pursuant Client must provide an Instruction to Custodian to deposit Eligible Assets to the Indenture and delivered using Digital Asset Account [***] on the following communications methods: S.W.I.F.T.relevant Digital Asset Network into the Digital Asset Account. Client acknowledges that if Client attempts to transfer [***], e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by Client may experience delays in the Trusteecrediting of those Eligible Assets to the Digital Asset Account, or another method the Eligible Assets may be forever lost or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listinginaccessible. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall Custodian will not be liable for any losses, costs or expenses arising directly or indirectly damages related to delays that result from the Trustee’s reliance upon lack of a proper Instruction. (f) Custodian may treat [***]. Custodian will be entitled to [***]. (g) The [***] providing an Instruction will be responsible for assuring the adequacy and compliance with accuracy of that Instruction. If Custodian determines that an Instruction is either unclear or incomplete, Custodian may give [***] notice of that determination to Client. Such notice may be [***]. Client must thereupon amend or otherwise reform the Instruction. In such Instructions notwithstanding event, Custodian will have no obligation to take any action in response to the Instruction initially delivered until the redelivery of an amended or reformed Instruction. (h) The purpose of any Client Designated Security Procedure or Custodian Designated Security Procedure is to confirm the authenticity of any Instruction and is not designed to detect errors or omissions in such directions conflict Instructions. Therefore, Custodian is not responsible for detecting any Client error or are inconsistent with a subsequent written instruction. The Issuer agrees: omission contained in any Instruction received by Custodian. (i) With respect to assume all risks arising out Instructions to transfer cash, Custodian will not be liable for interest on the amount of any Instruction that was not authorized or was erroneously executed unless Client so notifies Custodian within [***]. Any such compensation payable in the form of interest will be payable in accordance with [***]. If an Instruction in the name ​ ​ of Client and accepted by Custodian was not authorized by Client, the liability of the use parties will be governed by the [***]. (j) Custodian, after providing [***], may decide to no longer accept a particular Client Designated Security Procedure or Custodian Designated Security Procedure, or to do so only on revised terms, in the event that it determines that such agreed or established method of Electronic Means transmission represents a security risk or is attendant to submit Instructions any general change in Custodian’s policy regarding Instructions. (k) Client will comply with any applicable Security Procedures with respect to the Trusteedelivery or authentication of Instructions and will ensure that any codes, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; passwords or similar devices are reasonably safeguarded. (iil) that it is fully informed of the protections and risks associated Custodian will use reasonable care to comply with the various methods of transmitting Instructions any applicable Security Procedures with respect to the Trustee receipt or verification of Instructions and to ensure that there any codes, passwords or similar devices are reasonably safeguarded. (m) Client may cancel an Instruction but Custodian will have no liability for Custodian’s failure to act on a cancellation Instruction unless Custodian has [***]. Any cancellation Instruction must be more secure methods sent and confirmed by a Custodian Designated Security Procedure or a Client Designated Security Procedure. (n) Custodian cannot and does not guarantee the value of transmitting Instructions than Eligible Assets. Custodian does not control the method(s) selected relevant Digital Asset Networks and therefore is not responsible for the services provided by those Digital Asset Networks – in particular, verifying and confirming transactions that are submitted to the Issuer; (iii) Digital Asset Networks. Furthermore, notwithstanding Section 8(m), Custodian cannot cancel or reverse a transaction that has been submitted to a Digital Asset Network. Once a transaction request has been submitted to a Digital Asset Network, Client will subsequently not be able to cancel or otherwise modify Client’s transaction request. Client acknowledges and agrees that, to the security procedures (if any) extent Custodian did not cause or contribute to be followed a loss Client suffers in connection with any Eligible Asset transaction initiated, Custodian will have no liability for that loss. Custodian has no control over the relevant Digital Asset Networks and therefore does not ensure that any transaction request Custodian submits to a Digital Asset Network will be completed. Client acknowledges and agrees that the transaction requests Client instructs Custodian to submit on a Digital Asset Network may not be completed, or may be substantially delayed, by that Digital Asset Network and Custodian is not responsible for any delay or any failure of completion caused by that Digital Asset Network. When Client provides Instructions to Custodian, Client authorizes Custodian to submit Client’s transaction to the relevant Digital Asset Network in accordance with the Instructions Client provides. (o) Client may establish with Custodian a process to [***]. Client will execute all documentation required by Custodian, including a separate [***]. ​ ​ (p) In the event Custodian fails to execute a properly executable Instruction and fails to give Client notice of Xxxxxxxxx’s non-execution, Custodian will be liable [***]. Notwithstanding anything in this Agreement to the contrary, Custodian will in no event be liable for any [***]. (q) If Client does not have an Execution Agreement, Client authorizes NYDIG Execution to act as agent on its transmission of Instructions provide to it a commercially reasonable degree of protection behalf solely for the limited purposes set forth in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresthis Agreement.

Instructions. (a) The Trustee shall have the right Bank is authorized to accept rely and act upon instructions, including funds transfer written instructions (“"Instructions”") given pursuant which are signed by persons ("Authorized Persons") named in a list provided to the Indenture and delivered using the following communications methods: S.W.I.F.T.Bank from time to time, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued which list must be certified by the TrusteeCustomer's Secretary or Assistant Secretary and include authenticated specimen signatures of all Authorized Persons. Such list shall separately designate those CITIBANK SECURITIES SERVICES ---------------------------- Authorized Persons who may authorize the withdrawal of Securities free of payment, those Authorized Persons who may authorize the unconditional transfer of funds and those Authorized Persons who may give Instructions by electronic access as provided hereunder. (b) The Customer agrees that the Bank is authorized to rely and act upon such Instructions in accordance with this Section 10 and the Manual Transmission Authorization attached hereto and incorporated herein by reference (including each Manual Transmission Procedures attached thereto) to this Agreement and to debit or another credit the applicable account(s) of the Customer accordingly and that such Manual Transmission Authorization and method(s) of transmission are commercially reasonable. (c) The Bank shall be entitled to rely upon the continued authority of any Authorized Person to give Instructions until the Bank receives notice from the Customer to the contrary; and the Bank shall be entitled to rely upon any Instructions it believes in good faith to have been given by an Authorized Person. (d) The Bank is further authorized to rely upon any Instructions received by any other means and identified as having been given or authorized by any Authorized Person, regardless of whether such Instructions shall in fact have been authorized or given by any of such Authorized Persons, provided that -------- the Bank and the Customer shall have agreed upon the means of transmission and the method or system specified of identification for such Instructions. Instructions received by the Trustee as available for use any other means shall include but shall not be limited to verbal Instructions only in connection with delivery against payment or receipt against payment transactions and transfers from one account within the Subcustody Account to another account within the Subcustody Account and provided that such verbal Instructions are promptly confirmed in writing by the Customer. Notwithstanding the foregoing in the event that verbal Instructions are not subsequently confirmed in writing as provided above, the Customer agrees to hold the Bank harmless and without liability for any claims or losses in connection with such verbal Instructions. (e) The Customer agrees to be bound by any Instruction, whether or not authorized, given to the Bank in its services hereunder name and accepted by the Bank in accordance with the provisions hereof (collectivelyincluding but not limited to the Funds Transfer Procedures and each Schedule A hereto) and further agrees to indemnify and hold the Bank harmless from and against any loss, “Electronic Means”); providedliability, howeverclaim or expense (including legal fees and expenses) associated with the Bank's acting upon such Instructions as provided herein, except such as may arise from the Bank's own negligence, bad faith or willful misconduct. (f) The Customer may appoint one or more investment managers ("Investment Managers") with respect to the Custody Account. The Bank is authorized to act upon instructions received from any Investment Manager to the same extent that the Issuer shall provide to Bank would act upon the Trustee Instructions of an incumbency certificate listing officers Authorized Person, provided that the Bank has received written evidence of the Investment -------- Manager's appointment, written confirmation from the Investment Manager evidencing his acceptance of such appointment and written certification from the Investment Manager of the names of individuals together with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of those authorized to give Instructions hereunder. (g) If the Customer should choose to have telecommunication or other means of electronic access to the Bank's reporting system for Property in the Subcustody Account, pursuant to paragraph (f) of Section 5, the Bank is also authorized to rely and act upon any Instructions received by it through a terminal device, provided that such Instructions are accompanied by code words -------- which the Bank has furnished to the Customer or an Authorized Person by any method mutually agreed to by the Bank and the Customer, and provided that the -------- Bank has not been notified by the Customer or any such Authorized OfficersPerson to cease to recognize such code words, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding regardless of whether such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to in fact have been sent given or authorized by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by Customer or any such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresPerson.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods as are described in the definition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole and reasonable discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions; provided that, after the execution of this Agreement or as soon as practicable thereafter, BNY Mellon shall make available to Customer such required information, methods, cut-off times and other applicable timing requirements. (f) BNY Mellon may, in its sole discretion, decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. a) You authorize the Bank to accept, and you will be solely responsible for, all Instructions sent to the Bank through the Service. The Trustee shall have Bank may rely on such Instructions as if you had given such Instructions in a signed and written document, whether such Instructions are made by you, or any other person acting with or without your knowledge or consent and whether made by any means of communication. b) You agree that, aside from any mandatory obligations imposed on the right Bank by existing law, the Bank is not under any obligation or duty to accept verify the identity or authority of the person giving any Instructions or the authenticity of any such Instructions. c) In its sole discretion, for any reason, the Bank may decline to act, or delay acting upon, any Instructions provided through the Service. The Bank will not incur any liability by reason of acting or failing to act in respect of an Instruction provided through the Service, whether or not the Bank delayed in acting or failed to act for any legitimate business reason, or as a result of technical or logistical issues associated with the Service. d) FOR ANY INSTRUCTIONS INVOLVING A CURRENCY OTHER THAN UNITED STATES DOLLARS, THE BANK MAY, AT ITS SOLE DISCRETION, CONVERT SUCH FOREIGN CURRENCY AT THE BANK’S CURRENT RATE OF EXCHANGE AT THE TIME THE INSTRUCTION IS PROCESSED, AS WELL AS APPLYING ANY TRANSACTION FEES ASSOCIATED WITH THE CURRENCY CONVERSION. THE BANK SHALL NOT BE REQUIRED TO COMMUNICATE WITH YOU OR OBTAIN YOUR CONSENT TO DO THIS PRIOR TO PROCESSING THE INSTRUCTION. BEFORE ENTERING INTO ANY TRANSACTION INVOLVING A FOREIGN CURRENCY, YOU AGREE THAT YOU ARE SOLELY RESPONSIBLE FOR CHECKING THE BANK’S CURRENT RATE OF EXCHANGE, AND ENSURING THAT YOU AGREE TO SUCH RATE OF EXCHANGE, AND ANY TRANSACTION FEES ASSOCIATED WITH THE CURRENCY CONVERSION. e) Consistent with the Bank’s Privacy Policy and act upon instructionsexisting law, The Bank maintains a database containing a record of your Instructions, and such records will be conclusive and binding on you with respect to any dispute, including funds transfer instructions (“any legal proceeding, as conclusive evidence of your Instructions”) given pursuant to , in the Indenture absence of clear and delivered using convincing evidence that the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure Bank’s records are inaccurate. You agree that computer generated or electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued records received or created by the Trustee, or another method or system specified by the Trustee as available for use Bank in connection with its services hereunder (collectivelyyour use of the Service shall be admissible in a court of law as the Bank’s business records and automatically generated records of a computerized database, “Electronic Means”); provided, however, and you waive any argument or defense that the Issuer shall provide you may otherwise have as to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures admissibility of such Authorized Officersrecords. f) Instructions made by you are not to be considered as having been received and executed by the Bank until the Bank has actually processed such Instructions. g) The Bank may require and take up to five (5) or more business days to process a transfer of funds or xxxx payment instructions. The processing of Instructions made after 3:00 p.m., United States Eastern Standard Time, on a weekend or holiday, will normally begin or occur the next banking day subsequent to the weekend or holiday. h) You can cancel or stop a single xxxx payment any time before the payment made on any business day prior to the cut-off time to cancel or stop payment, which incumbency certificate shall be amended by is 3:00 p.m., United States Eastern Standard Time, for the Issuer whenever payment made the same business day through the use of Services. In order to cancel a Person recurring xxxx payment you must cancel the recurring series before the next scheduled Payment date prior to the cut-off time, which is 3:00 p.m., United States Eastern Standard Time. i) If you have any questions or concerns about the Service, your Account, or any particular transaction, contact us as soon as you can at 000-000-0000 for accounts opened in the New York Region, 000-000-0000 for accounts opened in the Southern California Region, or 000-000-0000 for accounts opened in the Northern California Region, to be added inform the Bank via telephone, or deleted send an email describing the facts and circumstances at issue to xxxx@xx.xxxx.xxx.xx. You may also write to us at The Industrial and Commercial Bank of China (USA) NA, 0000 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000. If you do not contact the Bank within sixty (60) days from the listing. If date of the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructionstransaction or query at issue, the Trustee’s understanding of such Instructions shall Bank may be deemed controlling. The Issuer understands unable to assist you with your issue and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall you may be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning payment of any compromise or unauthorized use of the security procedurescharges.

Instructions. (a) The Trustee shall have the right Bank is authorized to accept rely and act upon instructions, including funds transfer written instructions (“Instructions”) given pursuant which are signed by persons (“Authorized Persons”) named in a list provided to the Indenture and delivered using the following communications methods: S.W.I.F.T.Bank from time to time, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued which list must be certified by the TrusteeCustomer’s Secretary or Assistant Secretary and include authenticated specimen signatures of all Authorized Persons. Such list shall separately designate those Authorized Persons who may authorize the withdrawal of Securities free of payment, those Authorized Persons who may authorize the unconditional transfer of funds and those Authorized Persons who may give Instructions by electronic access as provided hereunder. (b) The Customer agrees that the Bank is authorized to rely and act upon such Instructions in accordance with this Section 9 and the Manual Transmission Authorization attached hereto and incorporated herein by reference (including each Manual Transmission Procedures attached thereto) to this Agreement and to debit or another credit the applicable account(s) of the Customer accordingly and that such Manual Transmission Authorization and method(s) of transmission are commercially reasonable, (c) The Bank shall be entitled to rely upon the continued authority of any Authorized Person to give Instructions until the Bank receives notice from the Customer to the contrary; and the Bank shall be entitled to rely upon any Instructions it reasonably believes in good faith to have been given by an Authorized Person. (d) The Bank is further authorized to rely upon any Instructions received by any other means and identified as having been given or authorized by any Authorized Person, regardless of whether such Instructions shall in fact have been authorized or given by any of such Authorized Persons, provided that the Bank and the Customer shall have agreed upon the means of transmission and the method or system specified of identification for such Instructions and such means of transmission is actually used. Instructions received by the Trustee as available for use any other means shall include but shall not be limited to verbal Instructions only in connection with delivery against payment or receipt against payment transactions and transfers from one account within a Custody Account to another account within a Custody Account and provided that such verbal Instructions are promptly confirmed in writing by the Customer. Notwithstanding the foregoing in the event that verbal Instructions are not subsequently confirmed in writing as provided above, the Customer agrees to hold the Bank harmless and without liability for any claims or losses in connection with such verbal Instructions except as may arise from the Bank’s own negligence, bad faith or willful misconduct in carrying out the same. (e) The Customer agrees to be bound by any Instruction, whether or not authorized, given to the Bank in its services hereunder name and accepted by the Bank in accordance with the provisions hereof (collectivelyincluding but not limited to the Funds Transfer Procedures and each Schedule A hereto) and further agrees to indemnify and hold the Bank harmless from and against any loss, liability, claim or expense (including legal fees and expenses) associated with the Bank’s acting upon such Instructions as provided herein, except such as may arise from the Bank’s own negligence, bad faith or willful misconduct. (f) The Customer may appoint one or more investment managers (“Electronic MeansInvestment Managers”); provided, however, ) with respect to the Custody Accounts. The Bank is authorized to act upon instructions received from any Investment Manager to the same extent that the Issuer shall provide to Bank would act upon the Trustee Instructions of an incumbency certificate listing officers Authorized Person, provided that the Bank has received written evidence of the Investment Manager’s appointment, written confirmation from the Investment Manager evidencing his acceptance of such appointment and written certification from the Investment Manager of the names of individuals together with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of those authorized to give instructions hereunder. (g) If the Customer should choose to have telecommunication or other means of electronic access to the Bank’s reporting system for Property in the Custody Accounts, pursuant to paragraph (f) of Section 5, the Bank is also authorized to rely and act upon any Instructions received by it through a terminal device, provided that such Instructions are accompanied by code words which the Bank has furnished to the Customer or an Authorized Person by any method mutually agreed to by the Bank and the Customer, and provided that the Bank has not been notified by the Customer or any such Authorized OfficersPerson to cease to recognize such code words, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding regardless of whether such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to in fact have been sent given or authorized by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by Customer or any such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresPerson.

Instructions. The Trustee (a) Unless otherwise explicitly indicated herein, the Custodian shall have perform its duties pursuant to written instructions provided to the right to accept and act upon instructions, including funds transfer instructions Custodian by a Fund and/or the Managing Owner (“Instructions”) ). Instructions shall be valid only if given pursuant by an authorized person listed on Schedule 4 with respect to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder subject matter listed on Schedule 4 (collectively, an “Electronic MeansAuthorized Person”). Instructions may be transmitted by a Fund or the Managing Owner to the Custodian in such manner as the Managing Owner and the Custodian may agree from time to time. The Custodian shall follow reasonable Instructions; provided, howeverthat (a) the Custodian shall have no liability for shipping and insurance costs associated therewith, that the Issuer and (b) full payment shall provide have been made to the Trustee an incumbency certificate listing officers with Custodian of its compensation, costs, expenses and other amounts to which it is entitled to under this Agreement. (b) The Custodian may treat any Authorized Person as having full authority of the applicable Fund and/or the Managing Owner to issue Instructions hereunder unless Schedule 4 or the notice of authorization contains explicit limitations as to said authority. The Custodian shall be entitled to rely upon the authority to provide such Instructions (“of Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted Persons until it receives appropriate written notice from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided applicable Fund to the Trustee have been sent by such contrary. (c) The Authorized Officer. The Issuer Person shall be responsible for ensuring that only assuring the adequacy and accuracy of Instructions. Particularly, upon any acquisition or disposition or other dealing in the applicable Fund’s Investments and upon any delivery and transfer of any Investment or moneys, the Authorized Officers transmit Person initiating such Instructions to Instruction shall give the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codesCustodian an Instruction with appropriate detail, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any lossesincluding, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: without limitation: (i) to assume all risks arising out The transaction date and the date and location of settlement; (ii) The specification of the use type of Electronic Means transaction; (iii) A description of the Assets in question, including, as appropriate, quantity, price per unit, amount of money to submit Instructions be received or delivered and currency information. Where an Instruction is communicated by electronic means, or otherwise where an Instruction contains an identifying number such as a CUSIP, SEDOL or ISIN number, the Custodian shall be entitled to rely on such number as controlling notwithstanding any inconsistency contained in such Instruction, particularly with respect to the Trustee, including without limitation the risk description of the Trustee acting on unauthorized Instructionssecurity in question; and (iv) The name of the broker or similar entity concerned with execution of the transaction. (d) If the Custodian believes an Instruction to be either unclear or incomplete, the Custodian may give prompt notice of such determination to the applicable Fund and/or the Managing Owner, and the risk of interception and misuse by third parties; (ii) that it is fully informed of applicable Fund and/or the protections and risks associated with Managing Owner shall thereupon amend or otherwise reform such Instruction. In such event, the various methods of transmitting Instructions Custodian shall have no obligation to take any action in response to the Trustee and that there may be more secure methods Instruction initially delivered until the redelivery of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise an amended or unauthorized use of the security proceduresreformed Instruction.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys used in connection with the issuance of Instructions. (c) Where Customer may or is required to issue Instructions, such Instructions will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon receipt any Instruction received by BNY Mellon. (e) All Instructions must include information necessary, and must be delivered using such methods as are described in the definition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or regulations as determined by the Issueradvice of BNY Mellon’s counsel or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. The Trustee shall In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written confirmation is not be liable for any lossesreceived by BNY Mellon, costs or expenses arising directly or indirectly from that such written confirmation contradicts the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with reasonable care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions; provided that, after the execution of this Agreement or as soon as practicable thereafter, BNY Mellon shall make available to Customer such required information, methods, cut- off times and other applicable timing requirements. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee “Instructions,” as such term is used throughout this Agreement, means a writing signed or initialed by one or more person or persons as the Borrower shall have the right from time to accept and act upon instructions, including funds transfer instructions time authorized (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, it being understood that the Issuer Managing Member and the Credit Administrator shall provide to the Trustee an incumbency certificate listing officers with have the authority to provide such Instructions on behalf of the Borrower as of the date on which the parties hereto are entering this Agreement). Upon receipt by the Custodian of a Notice of Exclusive Control (“Authorized Officers”as defined in the Control Agreement) pursuant to the Control Agreement, the Custodian acknowledges that the Secured Party under the Control Agreement shall have the sole authority to provide Instructions. Each such writing shall set forth the specific transaction or type of transaction involved. Oral instructions will be considered Instructions if the Custodian reasonably believes them to have been given by a person authorized to give such instructions with respect to the transaction involved; the Borrower (or the Managing Member or Credit Administrator on behalf of the Borrower) shall cause all oral instructions to be confirmed in writing. Instructions may include communications effected directly between electro-mechanical or electronic devices; provided that the Borrower and containing specimen signatures the Custodian agree to security procedures. For purposes of this Section, Instructions shall include instructions received by the Custodian pursuant to any three-party agreement which requires a segregated asset account in accordance with Section 2.11. Instructions may be standing or continuing instructions. Any Instructions given to the Custodian pursuant to Section 2.7 shall specify the specific amounts of the allocations, payments, amounts, deposits, transfers or withdrawals addressed therein, and such Authorized Officers, which incumbency certificate other information as shall be amended by sufficient to enable the Issuer whenever a Person is Custodian to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of carry out such Instructions and take the related actions in accordance with the Section 2.7 of this Agreement. The Custodian shall be fully protected in relying exclusively on any of the information set forth in any Instruction delivered to it and shall have no independent obligation to verify, calculate or recalculate any amount set forth in any such Instructions delivered in accordance with this Agreement. Concurrently with the execution of this Agreement, and from time to time thereafter, as appropriate, the Borrower shall deliver to the Custodian, duly certified by a Responsible Officer of the Managing Member and/or the Credit Administrator, a certificate setting forth: the names, titles, signatures and scope of authority of all persons authorized to give Instructions or any other notice, request, direction, instruction, certificate or instrument on behalf of the Borrower (it being understood that the Trustee shall conclusively presume Custodian hereby acknowledges that directions that purport to have been sent any incumbency certificate delivered by an Authorized Officer listed each of the Managing Member and/or the Credit Administrator on the incumbency Closing Date constitutes a certificate provided to meeting the Trustee have been sent aforementioned requirements). Such certificate may be accepted and relied upon by such Authorized Officer. The Issuer the Custodian as conclusive evidence of the facts set forth therein and shall be responsible for ensuring that only Authorized Officers transmit such Instructions considered to the Trustee be in full force and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon effect until receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with Custodian of a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions similar certificate to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedurescontrary.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) that it is fully informed the validity or enforceability of the protections transactions authorized by such Oral Instruction and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected effected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresBNY Mellon.

Instructions. a) The Trustee Sub-Adviser is authorized to rely on, may act on and treat as fully authorized by the Adviser, any instruction or communication which purports to have been given in writing (and which is accepted by the Sub-Adviser in good faith as having been given) by or on behalf of the persons notified by the Adviser from time to time to the Sub-Adviser as being authorized to instruct it in respect of the Fund and, by whatever means transmitted, unless the Sub-Adviser shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant received written notice to the Indenture contrary, whether or not the authority of such person shall have been terminated. Except as provided under this Section 20 of this Agreement, the Sub-Adviser shall be under no duty whatsoever to verify the identity of persons giving facsimile or other instructions and delivered using the following communications methods: S.W.I.F.T.Adviser indemnifies the Sub-Adviser against all liabilities, e-mailactions, proceedings, claims, losses and expenses arising out of or in connection with, whether directly or indirectly, the acceptance of facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued or other instructions by the Trustee, Sub-Adviser and upon which the Sub-Adviser is authorized to rely unless such acceptance results from or another method constitutes gross negligence or system specified willful misconduct by the Trustee as available for Sub-Adviser. The Sub-Adviser and its associates will employ commercially reasonable procedures to endeavor to confirm that the Adviser's instructions are genuine, which may include but is not limited to, the use of voice recording procedures, in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer all communications. The Adviser shall provide forward to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing Sub-Adviser a list of specimen signatures of such Authorized Officers, which incumbency certificate authorized persons and shall be amended by notify the Issuer whenever a Person is Sub-Adviser of any changes to be added or deleted the list immediately. b) The Sub-Adviser will acknowledge instructions from the listingAdviser by acting upon them but the Sub-Adviser may refuse to comply with any instructions received from the Adviser if, in the Sub-Adviser's opinion or that of its legal advisors, compliance with such instructions would contravene any applicable regulations, including but not limited to the FSA rules. If In such circumstances the Issuer elects to give Sub-Adviser will promptly notify the Trustee Instructions using Electronic Means Adviser and the Trustee appropriate regulatory agency, in its discretion elects to act upon such Instructionswriting. c) Where the Adviser has agreed that e-mail communications, the Trustee’s understanding of such Instructions shall information, advice and valuations may be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerAdviser via the Internet, the Adviser acknowledges that the Internet is not a secure medium for communication of sensitive information. Communication is therefore at the Adviser's own risk. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall Sub-Adviser will not be liable for any losses, costs or expenses arising directly or indirectly breach of confidentiality which may arise from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with communication being accessed by an unauthorized third party. Where the Sub-Adviser has agreed that certain communications required from the Adviser may be provided to the Sub-Adviser via the Internet, the Sub-Adviser acknowledges that the Internet is not a subsequent written instructionsecure medium for communication of sensitive information. Communication is therefore at the Sub- Adviser's own risk. The Issuer agrees: (i) to assume all risks arising out Adviser will not be liable for any breach of confidentiality which may arise from the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on communication being accessed by an unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresparty.

Instructions. A. The Trustee shall term "instructions", as used herein, means written or oral instructions to Custodian from a designated representative of Fund. Certified copies of resolutions of the Board of Directors of Fund naming one or more designated representatives to give instructions in the name and on behalf of Fund, may be received and accepted from time to time by Custodian as conclusive evidence of the authority of any designated representative to act for Fund and may be considered to be in full force and effect (and Custodian will be fully protected in acting in reliance thereon) until receipt by Custodian of notice to the contrary. Unless the resolution delegating authority to any person to give instructions specifically requires that the approval of anyone else will first have been obtained, Custodian will be under no obligation to inquire into the right of the person giving such instructions to accept and act upon instructionsdo so. Notwithstanding any of the foregoing provisions of this Section 4, including funds transfer no authorizations or instructions (“Instructions”) given pursuant received by Custodian from Fund will be deemed to the Indenture and delivered using the following communications methods: S.W.I.F.T.authorize or permit any officer, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteeemployee, or another method agent of Fund to withdraw any of the securities or system specified by similar investments of Fund upon the Trustee as available mere receipt of such authorization or instructions from such officer, employee or agent. Notwithstanding any other provision of this Agreement, Custodian, upon receipt (and acknowledgment if required at the discretion of Custodian) of the instructions of a designated representative of Fund will undertake to deliver for use Fund's account monies, (provided such monies are on hand or available) in connection with its services hereunder (collectivelyFund's transactions and to wire transfer such monies to such B. No later than the next business day immediately following each oral instruction, “Electronic Means”); providedFund will send Custodian written confirmation of such oral instruction. At Custodian's sole discretion, howeverCustodian may record on tape, that or otherwise, any oral instruction whether given in person or via telephone, each such recording identifying the Issuer parties, the date and the time of the beginning and ending of such oral instruction. C. If Custodian shall provide Fund direct access to the Trustee an incumbency certificate listing officers with the authority any computerized recordkeeping and reporting system used hereunder or if Custodian and Fund shall agree to provide such Instructions (“Authorized Officers”) and containing specimen signatures utilize any electronic system of such Authorized Officerscommunication, which incumbency certificate Fund shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be fully responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer any and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out consequences of the use or misuse of Electronic Means the terminal device, passwords, access instructions and other means of access to submit Instructions such system(s) which are utilized by, assigned to or otherwise made available to the TrusteeFund. Fund agrees to implement and enforce appropriate security policies and procedures to prevent unauthorized or improper access to or use of such system(s). Custodian shall be fully protected in acting hereunder upon any instructions, including without limitation communications, data or other information received by Custodian by such means as fully and to the risk same effect as if delivered to Custodian by written instrument signed by the requisite authorized representative(s) of Fund. Fund shall indemnify and hold Custodian harmless from and against any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability which may be suffered or incurred by Custodian as a result of the Trustee acting on unauthorized Instructionsuse or misuse, and whether authorized or unauthorized, of any such system(s) by Fund or by any person who acquires access to such system(s) through the risk terminal device, passwords, access instructions or other means of interception and misuse by third parties; (iiaccess to such system(s) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions which are utilized by, assigned to or otherwise made available to the Trustee and that there may be more secure methods of transmitting Instructions than Fund, except to the method(s) selected extent attributable to any negligence or willful misconduct by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresCustodian.

Instructions. (a) The Security Trustee shall have the right shall: (i) unless a contrary indication appears in a Bond Document, exercise or refrain from exercising any right, power, authority or discretion vested in it as Security Trustee in accordance with any instructions given to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued it by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder Bondholders’ Representative; and (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”ii) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs act (or expenses arising directly omission) if it acts (or indirectly refrains from the Trustee’s reliance upon and compliance acting) in accordance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: paragraph (i) above. (b) The Security Trustee shall be entitled to request instructions, or clarification of any instruction, from the Bondholders’ Representative as to whether, and in what manner, it should exercise or refrain from exercising any right, power, authority or discretion and the Security Trustee may refrain from acting unless and until it receives any such instructions or clarification that it has requested. (c) Unless a contrary indication appears in a Bond Document, any instructions given to the Security Trustee by the Bondholders’ Representative shall override any conflicting instructions given by any other parties and will be binding on all Bondholders in accordance with the Terms and Conditions and German mandatory law. (d) The Security Trustee may refrain from acting in accordance with any instructions of the Bondholders’ Representative until it has received any indemnification and/or security and/or prefunding that it may in its discretion require (which may be greater in extent than that contained in the Bond Documents and which may include payment in advance). (e) In order to meet any indemnification which might be requested by the Security Trustee in connection with any enforcement pursuant to Clause 9 (Enforcement of relevant Security), the Issuer shall deposit an amount of EUR 10,000 with the Security Trustee on or within 15 Business Days after the date of this Agreement (the “Prefunding Amount”). Should the Prefunding Amount be deemed insufficient by the Security Trustee to perform its obligations with respect to any enforcement of the rights granted under the Relevant Security, paragraph (d) above shall apply. (f) The Security Trustee shall be entitled to request a legal opinion from competent legal counsel at the cost of the Issuer before performing or refraining from performing any action in connection with this Agreement and any Relevant Security. (g) In the absence of instructions, the Security Trustee may act (or refrain from acting) as it considers to be in the best interest of the Bondholders. (h) The Security Trustee shall be under no obligation to monitor or supervise the functions of any other person, performance by the Issuer or any of the other parties to any Bond Documents of their respective obligations under the Bond Documents or any other agreement or document relating to the transactions herein or therein contemplated and shall be entitled, in the absence of actual knowledge of a breach of obligation, to assume all risks arising out of the use of Electronic Means to submit Instructions that each such person is properly performing and complying with its obligations. (i) Notwithstanding anything contained in this Agreement or any Bond Document, to the extent required by any applicable law, if the Security Trustee is or will be required to make any deduction or withholding from any distribution or payment made by it hereunder or if the Security Trustee is or will be otherwise charged to, or is or may become liable to, tax as a consequence of performing its duties hereunder whether as principal, agent or otherwise, or the other Bond Documents, and whether by reason of any assessment, prospective assessment or other imposition of liability to taxation of whatsoever nature and whenever made upon the Security Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse whether in connection with or arising from any sums received or distributed by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions or to the Trustee and that there which it may be more secure methods of transmitting Instructions entitled under this Agreement (other than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide remuneration as provided for herein) or any investments or deposits from time to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify time representing the Trustee immediately upon learning of same, including any compromise income or unauthorized use gains arising therefrom or any action of the security proceduresSecurity Trustee in connection with the obligations and rights of this Agreement (other than the remuneration herein specified) or otherwise, then the Security Trustee shall be entitled to make such deduction or withholding or, as the case may be, to retain out of sums received by it an amount sufficient to discharge any liability to tax which relates to sums so received or distributed or to discharge any such other liability of the Security Trustee to tax from the funds held by the Security Trustee upon the rights and obligations of this Agreement.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods as are described in the definition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer to the extent permitted by applicable law. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. From time to time, the Parties may agree on an approved schedule, pursuant to which the Obligor may provide unilateral payment instructions (each, an “Approved Schedule”), and in such event, the Parties shall jointly sign and deliver such Approved Schedule to the Escrow Agent. If the Parties wish to amend an Approved Schedule, then the Parties shall jointly sign and deliver an amended Approved Schedule to the Escrow Agent (each, an “Amended Approved Schedule”). If Obligor delivers a certificate or written instruction (the “Obligor’s Certificate” which is attached as a template as Schedule 4 to this Agreement) to the Escrow Agent instructing the Escrow Agent to distribute all or any portion of the Escrow Amount in accordance with an Approved Schedule or an Amended Approved Schedule (with a copy to Lender), such amount shall be so distributed by the Escrow Agent out of the Escrow Account to the respective vendors and payees listed thereon. The Trustee delivery of an Obligor’s Certificate is a representation by the Obligor to the Lender and Escrow Agent that (i) the amounts set forth in such Obligor’s Certificate are valid, due and owing to the payee listed therein and (ii) the amounts requested to be disbursed pursuant to such Obligor’s Certificate comply in all respects with the Approved Schedule or Amended Approved Schedule, as applicable, and Section 3(a) hereof. The Parties hereby acknowledge and agree that (i) the Escrow Agent shall be entitled to rely solely on an Approved Schedule and/or an Amended Approved Schedule and shall disburse the Escrow Amount upon receipt of the Obligor’s Certificate in accordance with such Approved Schedule or Amended Approved Schedule, as applicable, (ii) Schedule 2 attached hereto is an Approved Schedule, (iii) the Escrow Agent shall have no responsibility of ensuring that each Obligor Certificate provided by the right Obligor is within the capped amount in the Approved Schedule or any Amended Approved Schedule, (iv) the Escrow Agent shall have no liability for acting on an Obligor Certificate provided by Obligor which amounts may be over the amounts listed on the Approved Schedule or any Amended Approved Schedule, and (v) the Escrow Agent shall have no responsibility to accept determine if sufficient amounts have been deposited by Obligor for payment to the respective payees on an Approved Schedule or Amended Approved Schedule. Upon the occurrence of the DFS Completion Date (as defined in the Amendment) and act upon instructionspayment in full of all amounts set forth on the Approved Schedule or Amended Approved Schedule, including funds transfer instructions (“Instructions”as applicable, and Section 3(a) given hereof, which shall be certified to the Escrow Agent and Lender pursuant to a certificate of the Indenture Obligor executed by an Authorized Representative and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures delivery of such Authorized Officers, which incumbency certificate shall be amended a representation by Obligor as to the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding occurrence of such Instructions events, Escrow Agent shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport promptly remit all remaining Escrow Amounts to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresObligor.

Instructions. Procedures: ------------------------ The Trustee Trust acknowledges and agrees that deviations from BISYS' written transfer agent compliance procedures may involve substantial risk of loss. In the event an authorized representative of the Trust requests that an exception be made from any written compliance or transfer agency procedures adopted by BISYS, or adopted by the Trust and approved by BISYS (including any requirements of the Trust's AML Program), BISYS may in its sole discretion determine whether to permit such exception. In the event BISYS determines to permit such exception, the same shall have become effective when set forth in a written instrument executed by an authorized representative of the right to accept and act upon instructions, including funds transfer instructions Trust (“Instructions”other than an employee of BISYS) given pursuant to the Indenture and delivered using to BISYS (an "Exception"); provided that an Exception concerning the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued requirements of the Trust's AML Program shall be authorized by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder Trust's anti-money laundering compliance officer (collectively, “Electronic Means”"AML Compliance Officer"); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions An Exception shall be deemed controllingto remain effective until the relevant instrument expires according to its terms (or if no expiration date is stated, until BISYS receives written notice from the Trust that such instrument has been terminated and the Exception is no longer in effect). The Issuer understands and agrees that the Trustee cannot determine the identity Notwithstanding any provision of the actual sender of such Instructions and Agreement or this Amendment that the Trustee shall conclusively presume that directions that purport to have been sent expressly or by an Authorized Officer listed on the incumbency certificate provided implication provides to the Trustee contrary, as long as BISYS acts in good faith and without willful misconduct, BISYS shall have been sent by such Authorized Officer. The Issuer shall be responsible no liability for ensuring that only Authorized Officers transmit such Instructions any loss, liability, expenses or damages to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly Trust resulting from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized InstructionsException, and the risk of interception Trust shall indemnify BISYS and misuse hold BISYS harmless from any loss, liability, expenses (including reasonable attorney fees) and damages resulting to BISYS therefrom. The parties may amend any procedures adopted, approved or set forth under the Agreement by third parties; (ii) mutual written agreement as may be appropriate or practical under the circumstances. BISYS may conclusively assume that it is fully informed any special procedure which has been approved by an executive officer of the protections and risks associated Trust (other than an officer or employee of BISYS) does not conflict with or violate any requirements of the various methods Trust's Declaration of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning Trust, By-Laws or then-current prospectuses, or any rule, regulation or requirement of any compromise or unauthorized use of the security proceduresregulatory body.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. (A) Instructions may be transmitted through any electronic medium or system or manually as agreed between the Client and the Custodian. (B) The Trustee shall have Client and the right Custodian will comply with applicable security procedures designed to accept and act upon instructions, including funds transfer instructions verify the origination of Instructions (the “InstructionsProcedures”) given pursuant ). The Custodian’s sole obligation will be to comply with what is contained in the Indenture and delivered using Procedures to establish the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued identity or authority of any Authorized Person to send any Instruction. The Custodian is not responsible for errors or omissions made by the Trustee, Client or another method resulting from fraud or system specified the duplication of any Instruction by the Trustee as available Client, provided that the Custodian has no actual knowledge of any such error, omission, fraud or duplication. The Custodian may act on any Instruction by reference to an account number only, even if any account name is provided. Following verification of the origination of an Instruction, the Custodian may act on an Instruction if it reasonably believes it contains sufficient information (C) The Custodian may decide not to act on an Instruction where it reasonably doubts its contents, authorization, origination or compliance with any Procedures and will promptly notify the Client of its decision. (D) If the Custodian acts on any Instruction requiring manual processing (including facsimile), and, if the Custodian complies with the Procedures, then the Client will be responsible for use any loss or damage suffered by the Client or the Custodian in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that Instruction. The Client expressly acknowledges that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person Client is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees aware that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means manual forms of communication to submit convey Instructions to the Trustee, including without limitation increases the risk of error, security and privacy issues and fraudulent activities. (E) The Custodian may rely on the Trustee acting on unauthorized Instructionsauthority of each Authorized Person to give manual instructions until the Custodian has received notice, acceptable to it of any change from the Client or any other Authorized Person and the risk Custodian has had a reasonable time to act (after which time it may rely on the change). For these purposes, a “reasonable time” shall not exceed 1 business day following the Custodian’s receipt of interception and misuse by third parties; such notice. (iiF) that it The Custodian is fully informed of the protections and risks associated with the various methods of transmitting obligated to act on Instructions only to the Trustee extent they are received prior to applicable cut-off times on banking days when the Custodian and that there may be more secure methods of transmitting the applicable financial markets are open for business. Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) are to be followed given in connection the English language unless the Custodian otherwise specifies or English is not appropriate in regard to any agreed electronic method for sending Instructions. In some securities markets, securities deliveries and payments therefore may not be or are not customarily made simultaneously. Accordingly, notwithstanding the Client’s Instruction to deliver Securities against payment or to pay for Securities against delivery, the Custodian may make or accept payment for or delivery of securities at such time and in such form and manner as is in accordance with its transmission of Instructions provide to it a commercially reasonable degree of protection relevant local law and in light of its particular needs and circumstances; and (iv) to notify accordance with best market practice or customs prevailing in the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresrelevant market.

Instructions. (a) The Trustee is authorized to rely and act upon written instructions ("Instructions") which are signed by persons ("Authorized Persons") named in a list provided to the Trustee from time to time, which list must be certified by the Company's Secretary and include authenticated specimen signatures of all Authorized Persons. Such list shall separately designate those Authorized Persons who may authorize the withdrawal of Securities free of payment, those Authorized Persons who may authorize the unconditional transfer of funds and those Authorized Persons who may give Instructions by electronic access as provided hereunder. (b) The Company agrees that the Trustee is authorized to rely and act upon such Instructions in accordance with this Section 8 and the Manual Transmission Authorization attached hereto and incorporated herein by reference (including the Manual Transmission Procedures attached thereto) and to debit or credit the applicable account(s) of the Company accordingly and that such Manual Transmission Authorization and method(s) of transmission are commercially reasonable. (c) The Trustee shall have be entitled to rely upon the right continued authority of any Authorized Person to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant give Instructions until the Trustee receives notice from the Company to the Indenture contrary; and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee shall be entitled to rely upon any Instructions it believes in good faith to have been given by an Authorized Person. (d) The Trustee is further authorized to rely upon any Instructions received by any other means and identified as available having been given or authorized by any Authorized Person, regardless of whether such Instructions shall in fact have been authorized or given by any of such Authorized Persons, provided that the Trustee and the Company shall have agreed upon the means of transmission and the method of identification for use such Instructions. Instructions received by any other means shall include but shall not be limited to verbal Instructions only in connection with its services hereunder (collectivelydelivery against payment or receipt against payment transactions and transfers from one account within the Trust Account to another account within the Trust Account and provided that such verbal Instructions are promptly confirmed in writing by the Company. Notwithstanding the foregoing, “Electronic Means”); providedin the event that verbal Instructions are not subsequently confirmed in writing as provided above, however, that the Issuer shall provide Company agrees to hold the Trustee an incumbency certificate listing officers harmless and without liability for any claims or losses in connection with the authority to provide such Instructions verbal Instructions. (“Authorized Officers”e) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is The Company agrees to be added bound by any Instruction, whether or deleted from the listing. If the Issuer elects not authorized, given to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects name and accepted by the Trustee in accordance with the provisions hereof (including but not limited to the Funds Transfer Procedures) and further agrees to indemnify and hold the Trustee harmless from and against any loss, liability, claim or expense (including legal fees and expenses) associated with the Trustee's acting upon such Instructions as provided herein, except such as may arise from the Trustee's own negligence, bad faith or willful misconduct. (f) If the Company should choose to have telecommunications or other means of electronic access to the Trustee's reporting system for Trust Property in the Trust Account, pursuant to paragraph (f) of Section 5, the Trustee is also authorized to rely and act upon any Instructions received by it through a terminal device, provided that such InstructionsInstructions are accompanied by code words which the Trustee has furnished to the Company or an Authorized Person by any method mutually agreed to by the Trustee and the Company, and provided that the Trustee’s understanding Trustee has not been notified by the Company or any such Authorized Person to cease to recognize such code words, regardless of whether such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to in fact have been sent given or authorized by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by Company or any such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresPerson.

Instructions. (A) The Trustee shall have the right Bank is authorized to accept rely and act upon instructions, including funds transfer instructions (“"Instructions”") given pursuant in writing which are signed by persons ("Authorized Persons") named in a list provided to the Indenture and delivered using the following communications methods: S.W.I.F.T.Bank from time to time, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued which list must be certified by the TrusteeFund's Secretary or Assistant Secretary and include authenticated specimen signatures of all Authorized Persons. Such list shall separately designate those Authorized Persons who may authorize the withdrawal of the Securities free of payment, those Authorized Persons who may authorize the unconditional transfer of funds, and those Authorized Persons who may give Instructions by electronic access. (B) The Fund agrees that the Bank is authorized to rely and act upon such Instructions in accordance with this Section 10 and the Funds Transfer Procedures attached hereto and incorporated herein by reference (including each Schedule A) to this Agreement and to debit or another method credit the applicable account(s) of the Fund accordingly and that such Funds Transfer Procedures and method(s) of transmission are commercially reasonable. (C) The Bank shall be entitled to rely upon the continued authority of any Authorized Person to give Instructions until the Bank receives notice from the Fund to the contrary; and the Bank shall be entitled to rely upon any Instructions it reasonably believes in good faith to have been given by an Authorized Person. (D) The Bank is further authorized to rely upon any Instructions received by any other means and identified as having (E) The Fund agrees to be bound by any Instruction, whether or system specified not authorized, given to the Bank in its name and reasonably accepted by the Trustee Bank in accordance with the provisions hereof (including but not limited to the Funds Transfer Procedures and Schedule A thereto) and further agrees to indemnify and hold the Bank harmless from and against any loss, liability, claim or expense (including reasonable legal fees and expenses) associated with the Bank's acting upon such Instructions as available for use in connection provided herein, except such as may arise from the Bank's own negligence, bad faith or willful misconduct. (F) The Fund may appoint one or more investment managers ("Investment Managers") with its services hereunder (collectively, “Electronic Means”); provided, however, respect to the Custody Account. The Bank is authorized to act upon Instructions received from any Investment Manager to the same extent that the Issuer Bank would act upon the Instructions of an Authorized Person, provided that the Bank has received written evidence of the Investment Manager's appointment and written confirmation from the Investment Manager evidencing acceptance of such appointment. The Investment Manager shall provide to the Trustee an incumbency certificate listing officers with Bank from time to time a list of persons authorized to give Instructions on behalf of the authority to provide such Instructions (“Authorized Officers”) Investment Manager. The list must be certified by the Investment Manager's Secretary or Assistant Secretary and containing include authenticated specimen signatures of such persons. (G) If the Fund should choose to have telecommunication or other means of electronic access to the Banks reporting system for Property in the Custody Account, pursuant to paragraph (E) of Section 5, the Bank is also authorized to rely and act upon any Instructions received by it through a terminal device, provided that such Instructions are accompanied by code words which the Bank has furnished to the Fund, or an Authorized OfficersPerson, which incumbency certificate shall be amended by any method mutually agreed to in writing by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means Bank and the Trustee in its discretion elects to act upon such InstructionsFund, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees provided that the Trustee canBank has not determine been notified by the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by Fund, or any such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit Person to cease to recognize such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.code words,

Instructions. The Trustee shall have the right to accept and act upon instructionsAny person, including funds transfer instructions firm, partnership, corporation or limited liability company (“InstructionsProposer”) given must complete this form in full to submit a Proposal to operate this Vending Machine Concession (the “Concession”) located at designated locations at the Orlando International Airport ("Airport") and other properties operated by the Greater Orlando Aviation Authority (the “Aviation Authority”) pursuant to the Indenture Vending Machine Concession Agreement (the “Concession Agreement”) (Volume A, Item II). This Eligibility and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued Proposal Form should be completed by the TrusteeProposer and, unless otherwise directed, each question shall be answered with respect to the Proposer. Any Proposal that proposes to sublease or assign all of its rights under the Concession Agreement, to another person, firm or entity will be considered irregular and may be rejected for such irregularity in the sole discretion of the Aviation Authority. This Eligibility and Proposal Form is provided in a writable format and must be completed, executed and submitted as the original document constituting your Proposal. Please type all information on the form, except signatures. Use additional pages as necessary, and index the responses to correspond to the section designations used in this Eligibility and Proposal Form, and cross reference on the form in the appropriate section where the response is provided. A Proposal will be considered irregular and may be rejected if such irregularity is determined, in the sole discretion of the Aviation Authority, to be a material defect, and if a Proposer does not submit an original Eligibility and Proposal Form, completed and properly executed, including original signatures (including Guarantor, if applicable). Also, in the sole discretion of the Aviation Authority, a Proposal may be rejected if the information provided is incomplete, inconsistent or not responsive, contains conditions, limitations, or another method unauthorized alternate proposals or system specified by fee structures, fails to include required certifications or affidavits, or if a Proposer does not have the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that financial capability to operate the Issuer shall provide Concession. If any question or item requested is not applicable to the Trustee an incumbency certificate listing officers with Proposer or the authority to provide such Instructions (Proposal, please indicate by inserting “Authorized Officers”) and containing specimen signatures of such Authorized OfficersNot Applicable” or “N/A” where applicable. Proposers may attach additional charts, which incumbency certificate shall be amended by diagrams, tables, drawings, photographs or other materials considered relevant for the Issuer whenever a Person is to be added completeness or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity clarity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresProposal.

Instructions. The Trustee 1. This form is authorized for use when a bid guaranty is required. Any deviation from this form will require the written approval of the Administrator of General Services. 2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall have sign the right to accept and act upon instructionsbond. Any person signing in a representative capacity (e.g., including funds transfer instructions (“Instructions”an attorney-in-fact) given pursuant to must furnish evidence of authority if that representative is not a member of the Indenture and delivered using the following communications methods: S.W.I.F.T.firm, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteepartnership, or another method joint venture, or system specified by an officer of the Trustee corporation involved. 3. The bond may express penal sum as available for use a percentage of the bid price. In these cases, the bond may state a maximum dollar limitation (e.g., 20% of the bid price but the amount not to exceed dollars). (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the LIABILITY LIMIT block is the penal sum (i.e., the face value) of the bond, unless a co-surety arrangement is proposed. (b) When multiple corporate sureties are involved, their names and addresses shall appear in connection with its services hereunder the spaces (collectivelySurety A, “Electronic Means”Surety B, etc.) headed "CORPORATE SURETY(IES); provided." In the space designated "SURETY(IES)" on the face of the form, howeverinsert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bond, provided that the Issuer sum total of their liability equals 100% of the bond penal sum. (c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety, shall provide accompany the bond. The Government may require the surety to furnish additional substantiating information concerning its financial capability. 5. Corporations executing the Trustee bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Corporate Seal"; and shall affix an incumbency certificate listing officers adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals. 6. Type the name and title of each person signing this bond in the space provided. 7. In its application to negotiated contracts, the terms "bid" and "bidder" shall include "proposal" and "offeror." STANDARD FORM 24 (REV. 8/2016) BACK This contract incorporates one or more clauses by reference, with the authority to provide such Instructions (“Authorized Officers”) same force and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee effect as if they were given in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controllingfull text. The Issuer understands and agrees that the Trustee cannot determine the identity full text of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there clause may be more secure methods accessed electronically at this address: xxx.xxxxx.xxx/xxx/ (End of transmitting Instructions than the method(sClause) selected by the Issuer; 52.202-1 DEFINITIONS Nov-13 52.203-3 GRATUITIES Apr-84 52.203-5 COVENANT AGAINST CONTINGENT FEES May-14 52.203-6 RESTRICTIONS ON SUBCONTRACTOR SALES TO THE GOVERNMENT Sep-06 52.203-7 ANTI-KICKBACK PROCEDURES May-14 52.203-8 CANCEL & RECOVER OF FUNDS FOR ILLEGAL OR IMPROPER ACTIVITY May-14 52.203-10 PRICE OR FEE ADJUSTMENT FOR ILLEGAL OR IMPROPER ACTIVITY May-14 52.203-11 CERTIFICATION AND DISCLOSURE REGARDING PAYMENTS TO INFLUENCE CERTAIN FEDERAL TRANSACTIONS Sep-07 52.203-12 LIMITATION ON PAYMENTS TO INFLUENCE CERTAIN FEDERAL TRANSACTIONS Oct-10 52.203-13 CONTRACTOR CODE OF BUSINESS ETHICS AND CONDUCT Oct-15 52.203-14 DISPLAY OF HOTLINE POSTER(S) Oct-15 52.204-4 PRINTED OR COPIED DOUBLE-SIDED ON POSTCONSUMER FIBER CONTENT PAPER May-11 52.204-7 SYSTEM FOR AWARD MANAGEMENT Oct-18 Contractor Mandatory Internet Data Input 52.204-10 REPORTING EXECUTIVE COMPENSATION AND FIRST-TIER SUBCONTRACT AWARDS Oct-18 Contractor Mandatory Internet Data Input 52.204-13 SYSTEM FOR AWARD MANAGEMENT MAINTENANCE Oct-18 Contractor Mandatory Internet Data Input 52.204-14 SERVICE CONTRACT REPORTING REQUIREMENTS Oct-16 Contractor Mandatory Internet Data Input 52.204-16 COMMERCIAL AND GOVERNMENT ENTITY CODE REPORTING Jul-15 52.204-17 OWNERSHIP OR CONTROL OF OFFEROR Oct-16 52.204-18 COMMERCIAL AND GOVERNMENT ENTITY CODE MAINTENANCE Jul-16 52.204-19 INCORPORATION BY REFERENCE OF REPRESENTATIONS AND CERTIFICATIONS Dec-14 52.204-21 BASIC SAFEGUARDING OF COVERED CONTRACTOR INFORMATION SYSTEMS Jun-16 52.209-6 PROTECTING THE GOVERNMENT'S INTEREST WHEN SUBCONTRACTING WITH CONTRACTORS DEBARRED, SUSPENDED OR PROPOSED FOR DEBARMENT Oct-15 52.209-11 REPRESENTATION BY CORPORATIONS REGARDING DELINQUENT TAX LIABILITY OR A FELONY CONVICTION UNDER ANY FEDERAL LAW Feb-16 52.214-5 SUBMISSION OF BIDS Mar-97 52.214-19 CONTRACT AWARD -- SEALED BIDDING-CONSTRUCTION Aug-96 52.214-26 ALT 1 AUDIT AND RECORDS -- SEALED BIDDING (iiiALT 1 - (MAR 09)) that the security procedures Oct-10 52.214-27 PRICE REDUCTION FOR DEFECTIVE COST OR PRICING DATA - MODIFICATIONS - SEALED BIDDING Aug-11 52.214-28 SUBCONTRACTOR COST OR PRICE DATA -- MODIFICATIONS--SEALED BIDDING Oct-10 52.214-29 ORDER OF PRECEDENCE - SEALED BIDDING Jan-86 52.214-34 SUBMISSION OF OFFERS IN THE ENGLISH LANGUAGE Apr-91 52.214-35 SUBMISSION OF OFFERS IN THE U.S. CURRENCY Apr-91 52.219-6 NOTICE OF TOTAL SMALL BUSINESS SET-ASIDE Mar-20 52.219-8 UTILIZATION OF SMALL BUSINESS CONCERNS Oct-18 52.219-9 ALT 1 SMALL BUSINESS SUBCONTRACTING PLAN (if anyALT 1 - (Nov 16)) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and Jan-17 Large Business Mandatory Submittal Requirement 52.219-14 LIMITATIONS ON SUBCONTRACTING Mar-20 52.219-16 LIQUIDATED DAMAGES - SUBCONTRACTING PLAN Jan-99 52.219-31 NOTICE OF SMALL BUSINESS RESERVE Mar-20 52.219-32 ORDERS ISSUED DIRECTLY UNDER SMALL BUSINESS RESERVES Mar-20 52.219-33 NONMANUFACTURER RULE Mar-20 52.222-3 CONVICT LABOR Jun-03 52.222-4 CONTRACT WORK HOURS AND SAFETY STANDARDS -- OVERTIME COMPENSATION May-18 52.222-5 CONSTRUCTION WAGE RATE REQUIREMENTS - SECONDARY SITE OF THE WORK May-14 52.222-6 CONSTRUCTION WAGE RATE REQUIREMENTS Aug-18 Contractor Mandatory Wage Rates Posting 52.222-7 WITHHOLDING OF FUNDS May-14 52.222-8 PAYROLLS AND BASIC RECORDS Aug-18 Contractor Weekly Payroll Submittals 52.222-9 APPRENTICES AND TRAINEES Jul-05 52.222-10 COMPLIANCE WITH XXXXXXXX ACT REQUIREMENTS Feb-88 52.222-11 SUBCONTRACTS (ivLABOR STANDARDS) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.May-14 52.222-12 CONTRACT TERMINATION -- DEBARMENT May-14 52.222-13 COMPLIANCE WITH CONSTRUCTION WAGE RATE REQUIREMENTS AND RELATED REGULATIONS May-14 52.222-14 DISPUTES CONCERNING LABOR STANDARDS Feb-88 52.222-15 CERTIFICATION OF ELIGIBILITY May-14 52.222-19 CHILD LABOR - COOPERATION WITH AUTHORITIES AND REMEDIES Mar-20 52.222-21 PROHIBITION OF SEGREGATED FACILITIES Feb-99 52.222-26 EQUAL OPPORTUNITY Sep-16 52.222-27 AFFIRMATIVE ACTION COMPLIANCE REQUIREMENTS FOR CONSTRUCTION Apr-15 52.222-32 CONSTRUCTION WAGE RATE REQUIREMENTS - PRICE ADJUSTMENT (ACTUAL METHOD) Aug-18 52.222-35 EQUAL OPPORTUNITY FOR SPECIAL DISABLED VETERANS, VETERANS OF THE VIETNAM ERA, & OTHER ELIGIBLE VETERANS Oct-15 52.222-36 AFFIRMATIVE ACTION FOR WORKERS WITH DISABILITIES Jul-14 52.222-37 EMPLOYMENT REPORTS ON VERTERANS Feb-16 52.222-38 COMPLIANCE WITH VETERANS' EMPLOYMENT REPORTING REQUIREMENTS Feb-16 Contractor Annual Mandatory Reporting Requirement 52.222-40 NOTIFICATION OF EMPLOYEE RIGHTS UNDER THE NATIONAL LABOR RELATIONS ACT Mar-15 52.222-50 COMBATING TRAFFICKING IN PERSONS Jan-19 52.222-55 MINIMUM WAGES UNDER EXECUTIVE ORDER 13658 DATE 52.222-62 PAID SICK LEAVE UNDER EXECUTIVE ORDER 13706 Jan-17 52.223-2 AFFIRMATIVE PROCUREMENT OF BIOBASED PRODUCTS UNDER SERVICE AND CONSTRUCTION CONTRAC Sep-13 xxxx://xxx.xxxxxxxxxxxx.xxx 52.223-5 POLLUTION PREVENTION AND RIGHT TO KNOW INFORMATION May-11 52.223-6 DRUG-FREE WORKPLACE May-01 Contractor Annual Contractor Reporting Reqt 52.223-10 WASTE REDUCTION PROGRAM May-11 52.223-17 AFFIRMATIVE PROCUREMENT OF EPA-DESIGNATED ITEMS IN SERVICE AND CONSTRUCTION CONTRACTS Aug-18 Mandatory 52.223-18 ENCOURAGING CONTRACTOR POLICIES TO BAN TEXT MESSAGING WHILE DRIVING Aug-11 52.225-13 RESTRICTIONS ON CERTAIN FOREIGN PURCHASES Jun-08 52.227-1 AUTHORIZATION AND CONSENT Dec-07 52.227-2 NOTICE AND ASSISTANCE REGARDING PATENT AND COPYRIGHT INFRINGEMENT Dec-07 52.227-4 PATENT INDEMNITY-CONSTRUCTION CONTRACTS Dec-07 52.227-14 RIGHTS IN DATA - GENERAL May-14 52.227-17 RIGHTS IN DATA - SPECIAL WORKS Dec-07 52.228-1 BID GUARANTEE Sep-96 52.228-2 ADDITION BOND SECURITY Oct-97 Contractor Submittal Requirement 52.228-5 INSURANCE - WORK ON A GOVERNMENT INSTALLATION Jan-97 52.228-11 PLEDGES OF ASSETS Aug-18 52.228-12 PROSPECTIVE SUBCONTRACTOR REQUESTS FOR BONDS May-14 52.228-14 IRREVOCABLE LETTER OF CREDIT Nov-14 Contractor Submittal Requirement 52.228-15 PERFORMANCE AND PAYMENT BONDS - CONSTRUCTION Oct-10 52.229-2 NORTH CAROLINA STATE AND LOCAL SALES AND USE TAX Apr-84 52.229-3 FEDERAL, STATE, AND LOCAL TAXES Feb-13 52.230-2 COST ACCOUNTING STANDARDS Oct-15 52.230-3 DISCLOSURE AND CONSISTENCY OF COST ACCOUNTING PRACTICES Oct-15 52.230-6 ADMINISTRATION OF COST ACCOUNTING STANDARDS Jun-10 Contractor Submittal Requirement 52.232-5 PAYMENTS UNDER FIXED-PRICE CONSTRUCTION CONTRACTS May-14 52.232-13 NOTICE OF PROGRESS PAYMENTS Apr-84 52.232-16 PROGRESS PAYMENT Apr-12 52.232-17 INTEREST May-14 52.232-18 AVAILABILITY OF FUNDS Apr-84 52.232-23 ASSIGNMENT OF CLAIMS May-14 52.232-27 PROMPT PAYMENT FOR CONSTRUCTION CONTRACTS Jan-17 52.232-33 PAYMENT BY ELECTRONIC FUNDS TRANSFER - SYSTEM FOR AWARD MANAGEMENT Oct-18 52.232-39 UNINFORCEABILITY OF UNAUTHORIZED OBLIGATIONS Jun-13

Instructions. The Trustee Trust shall deliver to the Custodian a list ofpersons authorized to give particular classes of Instructions,together with their signatures and their office addresses. The term"Instructions" means instructions in respect of any of the Custodian'sduties hereunder which have been received by the Custodian (i) inwriting (including, without limitation, facsimile transmission) or bytested telex, in each case from persons reasonably believed by theCustodian to be authorized to give such instructions, or (ii)transmitted electronically through an electronic on-line service andcommunications system offered by the Custodian or other electronicinstruction system acceptable to the Custodian, or (iii) by atelephonic or oral communication in each case from persons reasonablybelieved by the Custodian to be authorized to give such instructions;or (iv) upon receipt of such other form of instructions as the Trustmay from time to time authorize in writing and which the Custodian hasagreed in writing to accept. Instructions in the form of oralcommunications shall be confirmed by the Trust by tested telex orwriting in the manner set forth in clause (i) above, but the lack of such confirmation shall in no way affect any action taken by the Custodianin reliance upon such oral instructions prior to the Custodian's receiptof such confirmation. Instructions may relate to specific transactions orto types or classes of transactions, and may be in the form of standinginstructions. Instructions shall specifically identify the Account to which theInstructions relate. Instructions shall be delivered to the Custodianat the address and in the manner set forth in the User Guide providedto the Trust, as amended from time to time. The Custodian shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”) given assume in the absence of noticeto the contrary from the Trust that any person whose name is on filewith the Custodian pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects this Section 12 has been authorized bythe Trust to give the Trustee Instructions using Electronic Means in question and the Trustee in its discretion elects to that suchauthorization has not been revoked. The Custodian may act upon such Instructionsandconclusively rely on, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided without any liability to the Trustee have been sent Trust or any otherperson or entity for any losses resulting therefrom, any Instructionsreasonably believed by such Authorized Officer. The Issuer shall it to be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt furnished by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresproper person orpersons as provided above.

Instructions. The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”a) given pursuant Subject to the Indenture terms below, Bank shall be entitled to rely upon any Written or Oral Instructions actually received by Bank and delivered using reasonably believed by Bank to be duly authorized and delivered. Client agrees that an Authorized Person shall forward to Bank Written Instructions confirming Oral Instructions by the following communications methods: S.W.I.F.T.close of business of the same day that such Oral Instructions are given to Bank. Client agrees that the fact that such confirming Written Instructions are not received or that contrary Written Instructions are received by Bank shall in no way affect the validity or enforceability of transactions authorized by such Oral Instructions and effected by Bank. (b) If Bank receives Written Instructions which appear on their face to have been transmitted by an Authorized Person via (i) computer facsimile, e-mailemail, facsimile transmissionthe Internet or other insecure electronic method, or (ii) secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteekeys, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer Client understands and agrees that the Trustee Bank cannot determine the identity of the actual sender of such Written Instructions and that the Trustee Bank shall conclusively presume that directions that purport to such Written Instructions have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized OfficerPerson. The Issuer Lender shall be responsible for ensuring that only Authorized Officers Persons transmit such Written Instructions to the Trustee Bank and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of Persons treat applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon with extreme care. (c) Client and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, each Lender acknowledges and the risk of interception and misuse by third parties; (ii) agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Written Instructions to the Trustee Bank and that there may be more secure methods of transmitting Written Instructions than the method(s) selected 10 by the Issuer; (iii) Client. Client agrees that the security procedures (if any) to be followed in connection with its transmission of Written Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; . (d) If Client elects to transmit Written Instructions through an on-line communication system offered by Bank, Client’s use thereof shall be subject to the Terms and Conditions which are contained in the agreement for custodial services between Lender and Bank pursuant to which the Account is established hereunder, or in the absence thereof, Bank’s standard Terms and Conditions for use of such system. If Client elects (ivwith Bank’s prior consent) to notify transmit Written Instructions through an on-line communications service owned or operated by a third party, Lender agrees that Bank shall not be responsible or liable for the Trustee immediately upon learning reliability or availability of any compromise or unauthorized use of the security proceduressuch service. 10.

Instructions. The Trustee shall have Insert/replace the right to accept and act upon instructionsVAR/TOC (Table of Contents) with the enclosed • Insert the following VAR[s] into the “Variances” section of your Master Agreement: • VAR 2 - Age of Credit Documents for Single-Close Transactions. For whole loan deliveries, including funds transfer instructions any loan-level price adjustments (“InstructionsLLPAs”) given pursuant that are referenced in the Master Agreement, will be available no later than 30 days after Xxxxxx Mae receives the executed Letter Agreement from Lender. Please note Section I, C and V, A.3 of your Mortgage Selling and Servicing Contract, the prefaces and forewords to the Indenture Selling Guide and delivered using the following communications methods: S.W.I.F.T.Servicing Guide, ePart A2-mail1-01 of the Selling Guide and Part 1-201 of the Servicing Guide, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use each of which make clear that mortgage loans must be sold in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers accordance with the authority to provide such Instructions applicable mortgage loan purchase requirements of the Selling Guide in effect at the time of delivery (“Authorized OfficersLoan Purchase Requirements”) and containing specimen signatures of such Authorized Officersserviced in accordance with the Servicing Guide, which incumbency certificate shall each as they have been or may be amended, modified or supplemented by Xxxxxx Xxx, and as may be further amended by this Master Agreement. The Selling Guide and Servicing Guide are amended periodically through Announcements, Lender Letters, DO/DU Release Notes, Notices, and information posted on XxxxxxXxx.xxx that is incorporated by reference into the Issuer whenever Guides. See the Guides for additional information on Xxxxxx Mae's communications of its Single-Family selling and servicing policies. An amendment to the Selling Guide or Servicing Guide that affects any provision of this Master Agreement or any mortgage loans previously delivered to Xxxxxx Xxx (except with respect to Loan Purchase Requirements) is effective as of the date specified by Xxxxxx Mae in the related Announcement, Lender Letter, Notice or other communication, unless Xxxxxx Xxx specifically agrees otherwise in a Person is to be added or deleted from the listingduly authorized written communication. If the Issuer elects to give the Trustee Instructions using Electronic Means By execution of this Letter Agreement, Xxxxxx Mae and the Trustee Lender agree to and accept the amended terms and conditions as set forth in its discretion elects the attachments to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controllingthis Letter Agreement. The Issuer understands and agrees that the Trustee cannot determine the identity Lender shall return a dulyexecuted duplicate original of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport this Letter Agreement to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt Xxxxxx Xxx by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: earlier of (i) to assume all risks arising out ten business days after the date of the use of Electronic Means to submit Instructions to the Trusteethis Letter Agreement, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; or (ii) that it is fully informed two business days prior to the Amendment Effective Date noted above. (Note: Certain transactions may result in Lender's receipt of the protections Letter Agreement on or after the stated Amendment Effective Date. In the event this occurs, Lender must return a duly-executed duplicate original of this Letter Agreement to Xxxxxx Mae no later than ten business days after the date of this Letter Agreement.) You may return this Letter Agreement to Xxxxxx Xxx via facsimile or other means of electronic transmission. You may only accept the Letter Agreement in its entirety in the form sent to you by Xxxxxx Mae, with no strike-outs, additions, changes, or other modifications, and risks associated with your acceptance may not be subject to any conditions, qualifications, or reservations. The Letter Agreement will be effective upon Xxxxxx Mae’s execution of the various methods Letter Agreement and Xxxxxx Mae will send a fully executed copy of transmitting Instructions the Letter Agreement to the Trustee and you for your records. NOTE: if you see anything that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) needs to be followed changed in connection with its transmission of Instructions provide to it this Letter Agreement, please give your Customer Account representative a commercially reasonable degree of protection in light of its particular needs call before you sign the original. Sincerely, By: : /s/ Xxxxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxxxx Assistant Vice President Date: 4/21/2016 Agreed, acknowledged and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise accepted. By: /s/ Xxxxx X. Xxxxx Name: Xxxxx X. Xxxxx Title: FVP, Capital Markets Manager Date: 4/21/2016 Email addresses for contract related communications are listed below. Please make additions or unauthorized use of the security procedures.corrections as necessary. Xxxxx.Xxxxxxxxx@xxxxxxxxxx.xxx, Xxxxxxx.xxxxx@xxxxxxxxxx.xxx, xxxxxx.xxxxx@xxxxxxxxxx.xxx, xxxx.xxxxxx@xxxxxxxxxx.xxx, xxx.xxxxxxxxx@xxxxxxxxxx.xxx, xxxxx.xxxxx@xxxxxxxxxx.xxx

Instructions. (a) The Trustee shall have the right Bank is authorized to accept rely and act upon instructions, including funds transfer written instructions (“Instructions”) given pursuant which are signed by persons (“Authorized Persons”) named in a list provided to the Indenture and delivered using the following communications methods: S.W.I.F.T.Bank from time to time, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued which list must be certified by the TrusteeCustomer’s Secretary or Assistant Secretary and include authenticated specimen signatures of all Authorized Persons. Such list shall separately designate those Authorized Persons who may authorize the withdrawal of Securities free of payment, those Authorized Persons who may authorize the unconditional transfer of funds and those Authorized Persons who may give Instructions by electronic access as provided hereunder. (b) The Customer agrees that the Bank is authorized to rely and act upon such Instructions in accordance with this Section 9 and the Manual Transmission Authorization attached hereto and incorporated herein by reference (including each Manual Transmission Procedures attached thereto) to this Agreement and to debit or another credit the applicable account(s) of the Customer accordingly and that such Manual Transmission Authorization and method(s) of transmission are commercially reasonable. (c) The Bank shall be entitled to rely upon the continued authority of any Authorized Person to give Instructions until the Bank receives notice from the Customer to the contrary; and the Bank shall be entitled to rely upon any Instructions it reasonably believes in good faith to have been given by an Authorized Person. (d) The Bank is further authorized to rely upon any Instructions received by any other means and identified as having been given or authorized by any Authorized Person, regardless of whether such Instructions shall in fact have been authorized or given by any of such Authorized Persons, provided that the Bank and the Customer shall have agreed upon the means of transmission and the method or system specified of identification for such Instructions and such means of transmissions is actually used. Instructions received by the Trustee as available for use any other means shall include but shall not be limited to verbal Instructions only in connection with its services hereunder delivery against payment or receipt against payment transactions and transfers from one account within a Custody Account to another account within a Custody Account and provided that such verbal Instructions are promptly confirmed in writing by the Customer. Notwithstanding the foregoing in the event that verbal Instructions are not subsequently confirmed in writing as provided above, the Customer agrees to hold the Bank harmless and without liability for any claims or losses in connection with such verbal Instructions except as may arise from the Bank’s own negligence, bad faith or willful misconduct in carrying out the same. (collectivelye) The Customer agrees to be bound by any Instruction, “Electronic Means”); providedwhether or not authorized, however, that the Issuer shall provide given to the Trustee an incumbency certificate listing officers Bank in its name and accepted by the Bank in accordance with the authority provisions hereof (including but not limited to provide such Instructions (“Authorized Officers”the Funds Transfer Procedures and each Schedule A hereto) and containing specimen signatures of such Authorized Officersfurther agrees to indemnify and hold the Bank harmless from and against any loss, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added liability, claim or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means expense (including legal fees and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (iexpenses) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Bank’s acting upon such Instructions to as provided herein, except such as may arise from the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise Bank’s own negligence, bad faith or unauthorized use of the security procedureswillful misconduct.

Instructions. The Trustee shall have As contemplated in the right Credit Agreement and the Security Agreement, the Borrower hereby authorizes and instructs HSBC TFS: (1) to give notice to the Lender of the Purchase Price of all Participation Interests to be purchased by the Borrower under the Participation Agreement, such notice to be given to the Lender simultaneously with the giving of notice to the Borrower under Section 4.3 of the Participation Agreement but in any case not later than 9:30 a.m., New York City time; (2) to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant from the Lender for the account of the Borrower the proceeds of Loans made by the Lender to the Indenture and delivered using Borrower under the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued Credit Agreement in payment of the Purchase Price of Participation Interests to the extent of the amount of such Loans; (3) to pay 97% of all amounts from time to time payable to the Borrower by HSBC TFS under Section 6 of the Participation Agreement in respect of the repurchase of Participation Interests which have been financed by the Trustee, or another method or system specified Lender direct to the Lender to such account as it shall specify from time to time; and (4) to pay 97% of all amounts from time to time to be remitted to the Borrower by HSBC TFS under Section 3.4(b)(ii) of the Servicing Agreement in respect of principal of HSBC RALs in which the Borrower has purchased Participation Interests which have been financed by the Trustee Lender directly to the Lender to such account as available for use in connection with its services hereunder (collectively, “Electronic Means”)it shall specify from time to time; provided, howeverthat so long as no Event of Default has occurred and is continuing under the Credit Agreement, HSBC TFS is authorized and instructed to pay 3% of all amounts from time to time to be remitted to the Borrower by HSBC TFS under Section 3.4(b)(ii) of the Servicing Agreement in respect of HSBC RALs in which the Borrower has purchased Participation Interests which have been financed by the Lender directly to the Borrower to such account as it shall specify from time to time. The Borrower and HSBC TFS agree that the Issuer shall provide authorizations and instructions in the preceding paragraph may not be waived, modified or revoked without the prior written agreement of the Lender. HSBC TFS hereby acknowledges and agrees to the Trustee an incumbency certificate listing officers with instructions in the authority preceding paragraph. The Lender agrees that it shall give prompt written notice to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means HSBC TFS and the Trustee Borrower when all Loans borrowed and other amounts payable under the Credit Agreement have been paid in its discretion elects to act upon such Instructionsfull and no further Commitment exists thereunder, at which time the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands authorizations and agrees that instructions in the Trustee cannot determine preceding paragraph and the identity agreements of the actual sender of such Instructions and that the Trustee parties in this letter agreement shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresterminate.

Instructions. 3.1 The Trustee Collection Foundation hereby appoints the Foundation Administrator as its agent and administrator and instructs the Foundation Administrator to render the services as set forth in this Agreement and the Foundation Administrator hereby accepts such appointment and instructions on the terms and subject to the conditions of this Agreement. The Parties agree that the Foundation Administrator for its own account and at its sole discretion may appoint one or more third parties to provide any of its services on its behalf, provided that such appointment shall have not release or discharge the right Foundation Administrator in any way from its obligations and/or liabilities under this Agreement. 3.2 The Collection Foundation hereby instructs the Foundation Administrator to accept make determinations and act upon instructionscalculations of each Beneficiary Entitlement and the Originator Entitlement (in accordance with the entitlements of the relevant Beneficiary or the Originator under the Transaction Documents) and the Collection Foundation Payment Obligations, including funds which determinations and calculations shall be binding in the absence of a manifest error, subject to proof to the contrary. The Collection Foundation hereby instructs the Foundation Administrator to transfer instructions (“Instructions”) given the amounts corresponding to relevant Beneficiary Entitlement to the relevant Beneficiary and the Originator Entitlement to the Originator, on or prior to each relevant Monthly Payment Date, or such earlier time as required pursuant to this Agreement: (i) after moneys are received on the Indenture and delivered using Collection Foundation Accounts up to the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued relevant Beneficiary Entitlement to the relevant Beneficiary Collection Account(s) set forth in Schedule 3 from time to time or such other account as indicated by the Trusteerelevant Beneficiary. Each Beneficiary undertakes to inform the Collection Foundation of any such other account and, or another method or system specified upon having received such information, the Foundation Administrator will on behalf of the Collection Foundation update Schedule 3 hereto. The Parties agree that the Collection Foundation shall in no circumstance be liable for such information provided by any Beneficiary not being accurate and/or complete. The Parties agree that the administration of the Collection Foundation on the basis of the information relating to the Beneficiary Collection Accounts received by the Trustee Collection Foundation from the Beneficiaries from time to time and correctly processed in the administration of the Collection Foundation shall, in the absence of manifest error, be binding. In case the Originator becomes aware of an error or is notified by a Beneficiary of an error and is provided with any and all relevant information required to process any information relating to such Beneficiary, the Originator shall rectify such error as available for use soon as reasonably practicable in connection its administration; and (ii) after moneys are received on the Foundation Funding Account up to the relevant Originator Entitlement to the account as indicated by the Originator, without any set off or counterclaim of whatever kind. The Foundation Administrator hereby accepts such instruction. 3.3 The Collection Foundation hereby instructs the Foundation Administrator to transfer the amounts corresponding to the amounts the Originator has to pay to the relevant civil-law notary, Stichting WEW or the relevant Borrower directly subject to and in accordance with its services hereunder (collectivelythe Mortgage Loans, “Electronic Means”); providedand to the extent such amount can be deducted from the Originator Entitlement as set out in Clause 2.4 of this Agreement, howeverto the account of such civil-law notary, that Stichting WEW or such Borrower as indicated by the Issuer shall Originator. The Foundation Administrator hereby accepts such instruction. 3.4 The Originator and each of the Beneficiaries hereby instruct the Foundation Administrator to provide to the Trustee an incumbency certificate listing officers with Collection Foundation such information as the authority Collection Foundation may reasonably require to provide such Instructions (“Authorized Officers”) determine whether moneys paid into the Collection Foundation Accounts are payable to the relevant Beneficiary or the Originator, as the case may be. 3.5 Each of the Originator and containing specimen signatures Beneficiaries agree that the calculations of such Authorized Officers, which incumbency certificate the Foundation Administrator shall be amended binding in the absence of a manifest error, subject to proof to the contrary. The Foundation Administrator shall, upon request of any of the Originator or the Beneficiaries, substantiate its calculations and in case of any error, remedy such error as soon as reasonably possible but in any event within three (3) Business Days. The Foundation Administrator hereby accepts such instruction. 3.6 The Foundation Administrator shall provide the Collection Foundation, or, upon instruction of the Collection Foundation or the Beneficiaries directly, with overviews of the calculations and payments to be made to the relevant Beneficiary or the Originator, as the case may be, on a monthly basis. 3.7 The Originator and each of the Beneficiaries hereby irrevocably instruct the Foundation Administrator to the extent required by way of mandate (lastgeving), to collect payments due by Borrowers in respect of the Mortgage Receivables on the Foundation Collection Account and to cause or continue to cause the payments by the Issuer whenever a Person is Borrowers under the Mortgage Receivables to be added transferred to the Foundation Collection Account, in the name of the Originator or deleted from the listing. If relevant Beneficiary, provided that upon notification of the Issuer elects assignment of the Mortgage Receivables to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructionsrelevant Borrowers, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity written instructions of the actual sender of such Instructions and that the Trustee relevant Beneficiary shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written prevail over this instruction. The Issuer agrees: Foundation Administrator hereby accepts such instruction. 3.8 The Originator undertakes towards the Collection Foundation and each Beneficiary to instruct (i) the Borrowers to assume all risks arising out pay to the Foundation Collection Account and not to instruct the Borrowers to pay any amounts in respect of the use of Electronic Means to submit Instructions to Mortgage Receivables into an account other than the Trustee, including Foundation Collection Account without limitation the risk prior written approval of the Trustee acting on unauthorized Instructions, relevant Beneficiary and the risk of interception and misuse by third parties; (ii) Stichting WEW to pay any amounts under any NHG Guarantee and NHG Advance Right, if possible, to the Foundation Collection Account and not to instruct Stichting WEW to pay into an account other than the Foundation Collection Account without the prior 3.9 The Originator and each of the Beneficiaries requests and instructs the Collection Foundation to receive amounts due in respect of the Mortgage Receivables by means of direct debit in accordance with the direct debit mandates (incassovolmachten) (unless the Borrower has withdrawn such instruction) and the Originator will ensure that the Collection Foundation is duly authorised to receive amounts due in respect of the Mortgage Receivables by means of direct debit in accordance with the direct debit mandates (incassovolmachten) (unless the Borrower has withdrawn such instruction), whether in its own name or as authorised representative (gemachtigde) of the Originator, with the power of substitution. The Originator represents that the Collection Foundation is duly authorised to receive by means of direct debit amounts in respect of the Mortgage Receivables unless the Borrower has withdrawn such instruction. 3.10 The Foundation Administrator is hereby instructed by the Collection Foundation to, and will on behalf of the Collection Foundation, arrange for all direct debits in accordance with Clause 3.9 to be made from the account of the Borrowers in respect of amounts due on the Mortgage Receivables which the Collection Foundation is authorised and, if applicable, licenced to make and shall debit the amount in respect of the Mortgage Receivables from the account of the Borrowers into the Foundation Collection Account. 3.11 The Foundation Administrator undertakes towards the Collection Foundation and each of the Beneficiaries neither to follow instructions from the Originator or any third party, nor to take the initiative to transfer amounts in respect of the Mortgage Receivables from the account of the Borrowers to an account other than the Foundation Collection Account without the prior written approval obtained by the Originator of each of the relevant Beneficiaries and the Collection Foundation. For the avoidance of doubt, neither the Originator nor the Collection Foundation shall instruct the Foundation Administrator or the Borrowers to transfer amounts in respect of the Mortgage Receivables from the account of the Borrowers to an account other than the Foundation Collection Account without actually having obtained the required approvals mentioned above and the Foundation Administrator may rely on such approval of each of the Collection Foundation and each of the Beneficiaries. 3.12 The Originator, to the extent required upon instruction by way of mandate (lastgeving) by each of the Beneficiaries, undertakes to answer any queries from any relevant Borrower for whatever reason relating to the Collection Foundation. 3.13 For the avoidance of doubt, each Beneficiary hereby authorises the Originator to continue to collect the Mortgage Receivables purchased by and assigned to such Beneficiary in its own name but for the account of that Beneficiary on the Foundation Collection Account on the basis of a mandate (lastgeving), until the relevant Borrowers are notified of the assignment of the Mortgage Receivables to such Beneficiary. 3.14 No amount shall at any time be withdrawn by the Collection Foundation or the Foundation Administrator from the Collection Foundation Accounts at the instruction of or for the account of the Originator or any Beneficiary, unless the Foundation Administrator on behalf of the Collection Foundation shall first have ascertained itself that no other Party is entitled to (part of) such amount pursuant to this Agreement. 3.15 If the Collection Foundation or the Foundation Administrator on its behalf transfers an amount to any Party who is not entitled to such amount (including as a result of a reversal (stornering) of a direct debit by a Borrower and/or amounts which have been paid in excess to the collection actually received), the relevant Party will as soon as possible upon becoming aware or being notified thereof and in any event within three (3) Business Days, retransfer such amount or transfer the same amount to the relevant Collection Foundation Account, to the extent such amount exceeds (i) in respect of a Beneficiary, the relevant Beneficiary Collection Entitlement and/or the relevant Beneficiary Funding Entitlement, as the case may be, as calculated on the immediately preceding Monthly Calculation Date or (ii) in respect of the Originator, the Originator Entitlement as calculated on the immediately preceding Monthly Reporting Date. 3.16 The Foundation Administrator will procure that it is fully informed has the required licences to act on behalf of the protections Collection Foundation and risks associated with to ensure that either the various methods of transmitting Instructions Collection Foundation needs no licence or, if a licence is required to act as Collection Foundation, it will inform the Collection Foundation thereof and shall undertake its best efforts to ensure that the Collection Foundation will timely obtain the required licence or licences to perform its functions under this Agreement. 3.17 Notwithstanding anything to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed contrary set forth in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use this Agreement, each of the security proceduresCollection Foundation and the Foundation Administrator will procure that any amounts held on the Collection Foundation Accounts for the benefit of a party that is considered to form part of the Public, shall be distributed ultimately on the fourth calendar day following the day on which moneys are received and provided it has received the required information to determine which amount is due to each of the Beneficiaries or the Originator, as the case may be. Each Beneficiary hereby confirms to the Collection Foundation that it does not form part of the Public.

Instructions. The Trustee (a) Unless otherwise explicitly indicated herein, the Custodian shall have perform its duties pursuant to written instructions provided to the right to accept and act upon instructions, including funds transfer instructions Custodian by the Managing Owner (“Instructions”) ). Instructions shall be valid only if given pursuant by an authorized person listed on Schedule 4 (an “Authorized Person”). Instructions may be transmitted by the Managing Owner to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use Custodian only in connection with its services hereunder (collectively, “Electronic Means”)writing. The Custodian shall follow such written Instructions; provided, howeverthat (i) the Custodian shall have no liability for shipping and insurance costs associated therewith, that the Issuer and (ii) full payment shall provide have been made to the Trustee an incumbency certificate listing officers with Custodian of its compensation, costs, expenses and other amounts to which it is entitled to under this Agreement. (b) The Custodian may treat any Authorized Person as having full authority of the Managing Owner to issue Instructions hereunder unless Schedule 4 contains explicit limitations as to said authority. The Custodian shall be entitled to rely upon the authority to provide such Instructions (“of Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted Persons until it receives appropriate written notice from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided Managing Owner to the Trustee have been sent by such contrary. (c) The applicable Authorized Officer. The Issuer Person shall be responsible for ensuring that only assuring the adequacy and accuracy of Instructions. Particularly, upon any acquisition or disposition or other dealing in the applicable Fund’s Investments and upon any delivery and transfer of any Investment or moneys, the Authorized Officers transmit Person initiating such Instructions to Instruction shall give the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codesCustodian an Instruction with appropriate detail, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any lossesincluding, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: without limitation: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized InstructionsThe transaction date, and the risk date and location of interception and misuse by third parties; settlement; (ii) that it is fully informed The specification of the protections and risks associated with the various methods type of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; transaction; (iii) that A description of the Assets in question, including, as appropriate, quantity, price per unit, amount of money to be received or delivered, currency information and identifying number such as a CUSIP, SEDOL or ISIN number. The Custodian shall be entitled to rely on such descriptive information as controlling notwithstanding any inconsistency contained in such Instruction, particularly with respect to the description of the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstancesquestion; and and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use The name of the security proceduresbroker and broker number or similar entity and number concerned with execution of the transaction (if applicable). (d) If the Custodian believes an Instruction to be either unclear or incomplete, the Custodian may give prompt notice of such determination to the Managing Owner, and the Managing Owner shall thereupon amend or otherwise reform such Instruction. In such event, the Custodian shall have no obligation to take any action in response to the Instruction initially delivered until the redelivery of an amended or reformed Instruction.

Instructions. The Trustee 1. This form is authorized for use when a bid guaranty is required. Any deviation from this form will require the written approval of the Administrator of General Services. 2. Insert the full legal name and business address of the Principal in the space designated "Principal" on the face of the form. An authorized person shall have sign the right to accept and act upon instructionsbond. Any person signing in a representative capacity (e.g., including funds transfer instructions (“Instructions”an attorney-in-fact) given pursuant to must furnish evidence of authority if that representative is not a member of the Indenture and delivered using the following communications methods: S.W.I.F.T.firm, e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trusteepartnership, or another method joint venture, or system specified by an officer of the Trustee corporation involved. 3. The bond may express penal sum as available for use a percentage of the bid price. In these cases, the bond may state a maximum dollar limitation (e.g., 20% of the bid price but the amount not to exceed dollars). (a) Corporations executing the bond as sureties must appear on the Department of the Treasury's list of approved sureties and must act within the limitations listed therein. The value put into the LIABILITY LIMIT block is the penal sum (i.e., the face value) of the bond, unless a co-surety arrangement is proposed. (b) When multiple corporate sureties are involved, their names and addresses shall appear in connection with its services hereunder the spaces (collectivelySurety A, “Electronic Means”Surety B, etc.) headed "CORPORATE SURETY(IES); provided." In the space designated "SURETY(IES)" on the face of the form, howeverinsert only the letter identifier corresponding to each of the sureties. Moreover, when co-surety arrangements exist, the parties may allocate their respective limitations of liability under the bond, provided that the Issuer sum total of their liability equals 100% of the bond penal sum. (c) When individual sureties are involved, a completed Affidavit of Individual Surety (Standard Form 28) for each individual surety, shall provide accompany the bond. The Government may require the surety to furnish additional substantiating information concerning its financial capability. 5. Corporations executing the Trustee bond shall affix their corporate seals. Individuals shall execute the bond opposite the word "Corporate Seal"; and shall affix an incumbency certificate listing officers with adhesive seal if executed in Maine, New Hampshire, or any other jurisdiction requiring adhesive seals. 6. Type the authority name and title of each person signing this bond in the space provided. 7. In its application to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructionsnegotiated contracts, the Trustee’s understanding of such Instructions terms "bid" and "bidder" shall be deemed controllinginclude "proposal" and "offeror." STANDARD FORM 24 (REV. The Issuer understands 8/2016) BACK SECTION B-SCHEDULE OF PRICES Item No. Supplies/Services Quantity Unit Unit Price Amount 0001 New Speed Reducers (Right Angle Gearboxes) - Supply 1 JOB 0002 Mobilization/Demobilization 1 JOB 0003 F.S.I. Barriers - Supply 2 EA 0004 Dewatering Pump Station Intake • Trash Screen Removal & Re- installation • Divers • F.S.I. Barrier Installation & Removal • Sump Pumps • Materials 1 JOB 0005 Pump Unit #2 & #3 Final Repairs • Pump Column Removal • Transport • Inspection • New Speed Reducer Pedestals • New Solid Shafts • New Bearings • Materials • Shop Testing & Alignment • Transport • Installation • Electrical Work • Engine Pedestal Repairs • Alignment Work • Materials • Pump Monitoring & Controls Repair Work • Diesel Engines #2 & #3 Oil Changes w/ Oil Sample Analysis • Pump Test & Vibration Reading • Training 1 JOB 0006 Pump Unit #2 Inspection Report and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.Findings 1 JOB 0007 Pump Unit #1 & #4 Final Repairs • Pump Column Removal • Transport • Inspection • New Speed Reducer Pedestals • New Solid Shafts • New Bearings • Materials • Shop Testing & Alignment 1 JOB • Transport • Installation • Electrical Work • Engine Pedestal Repairs • Alignment Work • Materials • Pump Monitoring & Controls Repair Work • Diesel Engines #1 & #4 Oil Changes w/ Oil Sample Analysis • Pump Test & Vibration Reading • Training 0008 Spare Parts 1 JOB 0009 Material Disposal 1 JOB 0010 Final Report & As Built Drawings • Shop Inspection Reports & Findings • Alignment & Installation Tolerance Verifications • Engine & Speed Reducer Bolt Torque Values • Pump Test & Vibration Reports 1 JOB Total Amount:

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by any Authorized Person. BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act in accordance with and rely upon any Instruction received by BNY Mellon. (d) All Instructions must include all information necessary, and must be delivered using such directions methods as are described in the definition of “Instructions” and in such format as BNY Mellon may reasonably require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions). (e) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(d) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer unless prevented from doing so by applicable law. (f) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction, will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (g) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Instructions. The Trustee shall have As contemplated in the right Credit Agreement and the Security Agreement, the Borrower hereby authorizes and instructs HSBC TFS: (1) to give notice to the Lender of the Purchase Price of all Participation Interests to be purchased by the Borrower under the Participation Agreement, such notice to be given to the Lender simultaneously with the giving of notice to the Borrower under Section 4.3 of the Participation Agreement but in any case not later than 9:30 a.m., New York City time; (2) to accept and act upon instructions, including funds transfer instructions (“Instructions”) given pursuant from the Lender for the account of the Borrower the proceeds of Loans made by the Lender to the Indenture and delivered using Borrower under the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued Credit Agreement in payment of the Purchase Price of Participation Interests to the extent of the amount of such Loans; (3) to pay 97% of all amounts from time to time payable to the Borrower by HSBC TFS under Section 6 of the Participation Agreement in respect of the repurchase of Participation Interests which have been financed by the Trustee, or another method or system specified Lender direct to the Lender to such account as it shall specify from time to time; and (4) to pay 97% of all amounts from time to time to be remitted to the Borrower by HSBC TFS under Section 3.4(b)(iii) of the Servicing Agreement in respect of principal of HSBC RALs in which the Borrower has purchased Participation Interests which have been financed by the Trustee Lender directly to the Lender to such account as available for use in connection with its services hereunder (collectively, “Electronic Means”)it shall specify from time to time; provided, howeverthat so long as no Event of Default has occurred and is continuing under the Credit Agreement, HSBC TFS is authorized and instructed to pay 3% of all amounts from time to time to be remitted to the Borrower by HSBC TFS under Section 3.4(b)(ii) of the Servicing Agreement in respect of HSBC RALs in which the Borrower has purchased Participation Interests which have been financed by the Lender directly to the Borrower to such account as it shall specify from time to time. The Borrower and HSBC TFS agree that the Issuer shall provide authorizations and instructions in the preceding paragraph may not be waived, modified or revoked without the prior written agreement of the Lender. HSBC TFS hereby acknowledges and agrees to the Trustee an incumbency certificate listing officers with instructions in the authority preceding paragraph. The Lender agrees that it shall give prompt written notice to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means HSBC TFS and the Trustee Borrower when all Loans borrowed and other amounts payable under the Credit Agreement have been paid in its discretion elects to act upon such Instructionsfull and no further Commitment exists thereunder, at which time the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands authorizations and agrees that instructions in the Trustee cannot determine preceding paragraph and the identity agreements of the actual sender of such Instructions and that the Trustee parties in this letter agreement shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Issuer and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Issuer. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Issuer agrees: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Issuer; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security proceduresterminate.

Instructions. The Trustee shall (a) Except as otherwise expressly provided in this Agreement, BNY Mellon will have the right no obligation to accept take any action hereunder unless and act upon instructions, including funds transfer instructions until it receives Instructions issued in accordance with this Agreement. (“Instructions”b) given pursuant to the Indenture and delivered using the following communications methods: S.W.I.F.T., e-mail, facsimile transmission, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder (collectively, “Electronic Means”); provided, however, that the Issuer shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions (“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Issuer whenever a Person is to be added or deleted from the listing. If the Issuer elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Issuer understands and agrees that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Issuer shall Customer will be responsible for ensuring that (i) only Authorized Officers transmit such Persons issue Instructions to the Trustee BNY Mellon and that the Issuer and (ii) all Authorized Officers are solely responsible to Persons safeguard the use and confidentiality of applicable treat with extreme care any user and authorization codes, passwords and/or and authentication keys upon receipt by used in connection with the Issuer. The Trustee shall not be liable for any lossesissuance of Instructions. (c) Where Customer may or is required to issue Instructions, costs or expenses arising directly or indirectly from the Trustee’s reliance upon and compliance with such Instructions notwithstanding will be issued by an Authorized Person. (d) BNY Mellon will be entitled to deal with any Authorized Person until notified otherwise pursuant to Instructions, and will be entitled to act and rely upon any Instruction received by BNY Mellon. (e) All Instructions must include all information necessary, and must be delivered using such directions methods and in such format as BNY Mellon may require and be received within BNY Mellon’s established cut-off times and otherwise in sufficient time, to enable BNY Mellon to act upon such Instructions; provided that, after the execution of this Agreement or as soon as practicable thereafter, BNY Mellon shall promptly inform Customer of such required information, methods, cut-off times and other applicable timing requirements. (f) BNY Mellon may in its sole discretion decline to act upon any Instructions that do not comply with requirements set forth in Section 3.2(e) or that conflict with applicable law or are inconsistent with a subsequent regulations or BNY Mellon’s operating policies and practices, in which event BNY Mellon will promptly notify Customer. (g) Customer acknowledges that while it is not part of BNY Mellon’s normal practices and procedures to accept Oral Instructions, BNY Mellon may in certain limited circumstances accept Oral Instructions. In such event, such Oral Instructions will be deemed to be Instructions for purposes of this Agreement. An Authorized Person issuing such an Oral Instruction will promptly confirm such Oral Instruction to BNY Mellon in writing. Notwithstanding the foregoing, Customer agrees that the fact that such written instruction. The Issuer agrees: confirmation is not received by BNY Mellon, or that such written confirmation contradicts the Oral Instruction (unless such written confirmation is received in reasonably sufficient time for BNY Mellon to override the Oral Instruction), will in no way affect (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting BNY Mellon’s reliance on unauthorized Instructions, and the risk of interception and misuse by third parties; such Oral Instruction or (ii) the validity or enforceability of transactions authorized by such Oral Instruction and effected by BNY Mellon. (h) Customer acknowledges and agrees that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee BNY Mellon and that there may be more secure methods of transmitting Instructions than the method(s) method selected by the Issuer; (iii) sender. Customer agrees that the security procedures (procedures, if any) , to be followed in connection by Customer and BNY Mellon with its respect to the transmission and authentication of Instructions provide to it Customer a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.