Common use of INTEREST PAYMENT AND RECORD DATES Clause in Contracts

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided for, from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided for. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Business Day of the next month Last Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture (“Calculation Period”) First day following Calculation Period Last Business Day before Interest Payment Date Long Term Six-month period or portion thereof beginning on the Conversion Date and ending on the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each six-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition shall be as set forth in the above Table.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided for, from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided for. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Business Day of the next month Last Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture (“Calculation Period”) First day following Calculation Period Last Business Day before Interest Payment Date Long Term Six-month period or portion thereof beginning on the Conversion Date and ending on the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each six-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 11 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition conditions shall be as set forth in the above Table.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last Dated Date stated above and thereafter from the Interest Payment Date (as hereinafter defined) next preceding the date of authentication hereof to which interest was has been paid or duly provided for, unless the date of authentication hereof is an Interest Payment Date to which interest has been paid or duly provided for, in which case from the date of authentication hereof, or unless no interest has been paid or duly provided for on the Bonds of this series, in which case from said Dated Date; provided, however, that if the date of authentication is between the Record Date (as hereinafter defined) for any Interest Payment Date and such Interest Payment Date, then interest will accrue from such Interest Payment Date or, if the Company shall default in payment of the interest due on such Interest Payment Date, then from the next preceding Interest Payment Date to which interest has been paid or duly provided for, or if no interest has been paid or duly provided for, then from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided forsaid Dated Date. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual "Interest Period”") shown in the second column will be paid on the date (an “"Interest Payment Date”") in the third column to holders of record on the date (a “"Record Date”") in the fourth column: TYPE OF INTEREST INTEREST RATE ACCRUAL PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Daily* Calendar Month month Fifth Business Day Last Business Day of the next month of the month Weekly* Calendar month First Business Day Last Business Day of the Accrual Period Weekly First Wednesday of each next month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 365 days Day after the last Last Business Day Paper as determined for day of Commercial before Interest each Bond pursuant to Paper Period Payment Date Section 2.02(a)(3) of the Indenture (“Calculation "Commercial Paper Period”") First day following Calculation Period Last Business Day before Interest Payment Date Long Term Long-Term** Six-month period or Next day (____________1 Fifteenth of the portion thereof beginning or ___________ 1) month before the ending the last day of Interest Payment ___________ or Date (____ 15 or ____________ _________ 15)*** * If there shall be a change from a Daily Rate or a Weekly Rate on a day other than the first day of a calendar month, the then current Interest Period relating to such Daily Rate or Weekly Rate shall end on the Conversion day immediately preceding the date on which the new interest rate on the Bonds shall become effective, which date in the case of a change from a Weekly Rate, shall be the Interest Payment Date for such Interest Period, for which the Record Date shall be the immediately preceding Business Day; but in the case of a change from a Daily Rate, the Interest Payment Date for such Interest Period shall be the fifth Business Day after the last day of such Interest Period, for which the Record Date shall be the last Business Day of such Interest Period. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and ending end on the last day of the sixth then current calendar month following (and including) the month in month, for which the Conversion Date occurs and each six-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 and the Record Date shall be as prescribed in this Table. ** If there shall be a change from a Long-Term Interest Rate on a day other than the Conversion Date does not coincide with day after the first last day of the Accrual then current Long-Term Interest Rate Period, or if there shall be an early termination of such Long-Term Interest Rate Period for and a new Long-Term Interest Rate shall be set, such Long-Term Interest Rate Period shall end on the day immediately preceding the date on which the new interest rate shall become effective, which date shall be the Interest Payment Date for such Long-Term Interest Rate Period, then for which the Record Date shall be 15 days prior to such Interest Payment Date or, if sooner, the first day of such Accrual Period Long-Term Interest Rate Period. If such new interest rate shall be a Daily Rate or a Weekly Rate, the Conversion Datefirst Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the last day of the then current calendar month, but all other terms for which the Interest Payment Date and condition the Record Date shall be as set forth prescribed in this Table. *** If an Interest Payment Date occurs less than 15 days after the above Tablefirst day of a Long-Term Interest Rate Period, the first day of such Long-Term Interest Rate Period is the Record Date for such Interest Payment Date.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided for, from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided for. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Business Day of the next month Last Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture (“Calculation Period”) First day Day following Calculation Period Last Business Day before Interest Payment Date Long Term Six-month period or portion thereof beginning on the Conversion Date and ending on the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each six-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition shall be as set forth in the above Table.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last Dated Date stated above and thereafter from the Interest Payment Date (as hereinafter defined) next preceding the date of authentication hereof to which interest was has been paid or duly provided for, unless the date of authentication hereof is an Interest Payment Date to which interest has been paid or duly provided for, in which case from the date of authentication hereof, or unless no interest has been paid or duly provided for on the Bonds of this series, in which case from the Dated Date; provided, however, that if the date of authentication is between the Record Date (as hereinafter defined) for any Interest Payment Date and such Interest Payment Date, then interest will accrue from such Interest Payment Date or, if the Company shall default in payment of the interest due on such Interest Payment Date, then from the next preceding Interest Payment Date to which interest has been paid or duly provided for, or if no interest has been paid or duly provided for, then from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided forDated Date. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Interest Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF RATE INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Daily* Interest Payment Date to Interest Payment Date First Business Day of the next month Last Business Day of the Accrual Period Weekly before Interest Payment Date Weekly* Interest Payment Date to Interest Payment Date First Wednesday of each month through the first Tuesday Business Day of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture Agreement (“Calculation Commercial Paper Period”) First Day after the last day following Calculation of Commercial Paper Period Last Business Day before Interest Payment Date Long Term SixLong-month period Term** 270 days or portion thereof beginning on the Conversion Date and ending on the last longer Each first day of the each sixth calendar month following (and including) the month in which the Conversion Date occurs and each sixafter effective date of Long-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Term Interest Rate Fifteenth of the month before the Interest Payment Date*** Auction Mode One day or longer as determined for each Bond pursuant to the Agreement The Business Day immediately following each Auction Period **** The Business Day preceding an Interest Payment Date 1 therefor “Business Day” is defined in the Agreement. Payment of defaulted interest will be made to holders of record as of the fifth-to-last Business Day before payment. * If the Conversion Date does not coincide with there shall be a change from a Daily Rate or a Weekly Rate on a day other than the first Business Day of a calendar month, the then current Interest Period relating to such Daily Rate or Weekly Rate shall end on the day of immediately preceding the Accrual Period for date on which the new interest rate on the Bonds shall become effective, which date in the case of a change from a Daily Rate or a Weekly Rate, shall be the Interest Payment Date for such Interest Period, then for which the Record Date shall be the immediately preceding Business Day. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the day immediately preceding the first Business Day of the next month, for which the Interest Payment Date and the Record Date shall be as prescribed in this Table. ** If there shall be a change from a Long-Term Interest Rate on a day other than a regularly scheduled Interest Payment Date for a Long-Term Interest Rate Period, or if there shall be an early termination of such Long-Term Interest Rate Period and a new Long-Term Interest Rate shall be set, such Long-Term Interest Rate Period shall end on the day immediately preceding the date on which the new interest rate shall become effective, which date shall be the Interest Payment Date for such Long-Term Interest Rate Period, for which the Record Date shall be the last day of such Long-Term Interest Rate Period or, if sooner, the first day of such Accrual Long-Term Interest Rate Period. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the day immediately preceding the first Business Day of the next month, for which the Interest Payment Date and the Record Date shall be as prescribed in this Table. *** If an Interest Payment Date occurs less than 15 days after the first day of a Long-Term Interest Rate Period, the first day of such Long-Term Interest Rate Period is the Record Date for such Interest Payment Date. **** The Interest Payment Date with respect to a daily Auction Period shall be the Conversion Date, first Business Day of the month immediately succeeding such Auction Period. The Interest Payment Date with respect to a Flexible Auction Period of (i) seven or more but all other terms and condition fewer than 183 days shall be as set forth in the above TableBusiness Day immediately following such Flexible Auction Period, or (ii) 183 or more days shall be each semiannual date on which interest on the Bonds would be payable if such Bonds bore interest at a fixed rate of interest and on the Business Day immediately following such Flexible Auction Period.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided for, from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided for. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Business Day of the next month Last Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture (“Calculation Period”) First day following Calculation Period Last Business Day before Interest Payment Date Long Term Six-month period or portion thereof beginning on the Conversion Date and ending on the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each six-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition conditions shall be as set forth in the above Table.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last Dated Date stated above and thereafter from the Interest Payment Date (as hereinafter defined) next preceding the date of authentication hereof to which interest was has been paid or duly provided for, unless the date of authentication hereof is an Interest Payment Date to which interest has been paid or duly provided for, in which case from the date of authentication hereof, or unless no interest has been paid or duly provided for on the Bonds of this series, in which case from the Dated Date; provided, however, that if the date of authentication is between the Record Date (as hereinafter defined) for any Interest Payment Date and such Interest Payment Date, then interest will accrue from such Interest Payment Date or, if the Company shall default in payment of the interest due on such Interest Payment Date, then from the next preceding Interest Payment Date to which interest has been paid or duly provided for, or if no interest has been paid or duly provided for, then from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided forDated Date. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Interest Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Daily* Interest Payment Date to Interest Payment Date First Business Day of the next month Last Business Day of the Accrual Period Weekly before Interest Payment Date Weekly* Interest Payment Date to Interest Payment Date First Wednesday of each month through the first Tuesday Business Day of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture Agreement (“Calculation Commercial Paper Period”) First Day after the last day following Calculation of Commercial Paper Period Last Business Day before Interest Payment Date Long Term SixLong-month period Term** 270 days or portion thereof beginning on the Conversion Date and ending on the last longer Each first day of the each sixth calendar month following (and including) the month in which the Conversion Date occurs and each sixafter effective date of Long-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Term Interest Rate Fifteenth of the month before the Interest Payment Date Date*** Auction Mode From 1 If day to 5 years as determined for each Bond pursuant to the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Agreement The Business Day immediately following each Auction Period, then and, in addition, for an Auction Period of 92 or more days, each 13th Wednesday after the first day of such Accrual Auction Period**** The second Business Day preceding an Interest Payment Date therefor * If there shall be a change from a Daily Rate or a Weekly Rate on a day other than the first Business Day of a calendar month, the then current Interest Period relating to such Daily Rate or Weekly Rate shall end on the day immediately preceding the date on which the new interest rate on the Bonds shall become effective, which date in the case of a change from a Daily Rate or a Weekly Rate, shall be the Interest Payment Date for such Interest Period, for which the Record Date shall be the immediately preceding Business Day. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the day immediately preceding the first Business Day of the next month, for which the Interest Payment Date and the Record Date shall be as prescribed in this Table. ** If there shall be a change from a Long-Term Interest Rate on a day other than a regularly scheduled Interest Payment Date for a Long-Term Interest Rate Period, or if there shall be an early termination of such Long-Term Interest Rate Period and a new Long-Term Interest Rate shall be set, such Long-Term Interest Rate Period shall end on the day immediately preceding the date on which the new interest rate shall become effective, which date shall be the Interest Payment Date for such Long-Term Interest Rate Period, for which the Record Date shall be the last day of such Long-Term Interest Rate Period or, if sooner, the first day of such Long-Term Interest Rate Period. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the day immediately preceding the first Business Day of the next month, for which the Interest Payment Date and the Record Date shall be as prescribed in this Table. *** If an Interest Payment Date occurs less than 15 days after the first day of a Long-Term Interest Rate Period, the first day of such Long-Term Interest Rate Period is the Record Date for such Interest Payment Date. **** The Interest Payment Date with respect to a daily Auction Period shall be the Conversion Date, but all other terms and condition shall be as set forth in first Business Day of the above Tablemonth immediately succeeding such Auction Period.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last Dated Date stated above and thereafter from the Interest Payment Date (as hereinafter defined) next preceding the date of authentication hereof to which interest was has been paid or duly provided for, unless the date of authentication hereof is an Interest Payment Date to which interest has been paid or duly provided for, in which case from the date of authentication hereof, or unless no interest has been paid or duly provided for on the Bonds of this series, in which case from the Dated Date; provided, however, that if the date of authentication is between the Record Date (as hereinafter defined) for any Interest Payment Date and such Interest Payment Date, then interest will accrue from such Interest Payment Date or, if the Company shall default in payment of the interest due on such Interest Payment Date, then from the next preceding Interest Payment Date to which interest has been paid or duly provided for, or if no interest has been paid or duly provided for, then from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided forDated Date. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Interest Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Daily* Interest Payment Date to Interest Payment Date First Business Day of the next month Last Business Day of the Accrual Period Weekly before Interest Payment Date Weekly* Interest Payment Date to Interest Payment Date First Wednesday of each month through the first Tuesday Business Day of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture Agreement (“Calculation Commercial Paper Period”) First Day after the last day following Calculation of Commercial Paper Period Last Business Day before Interest Payment Date Long Term SixLong-month period Term** 270 days or portion thereof beginning on the Conversion Date and ending on the last longer Each first day of the each sixth calendar month following (and including) the month in which the Conversion Date occurs and each sixafter effective date of Long-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Term Interest Rate Fifteenth of the month before the Interest Payment Date*** Auction Mode From 1 day to 5 years as determined for each Bond pursuant to the Agreement The Business Day immediately following each Auction Period**** The Business Day preceding an Interest Payment Date 1 If therefor “Business Day” is defined in the Conversion Date does not coincide with the first day Agreement. Payment of defaulted interest will be made to holders of record as of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition shall be as set forth in the above Tablefifth-to-last Business Day before payment.

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided forpaid, from the date of initial authentication and delivery the original issuance of the Bonds, Bonds until the entire principal amount of this Bond is paid or duly provided forpaid. When interest on this Bond is payable at the rate shown in the first column below, interest accrued during the period (an “Accrual Period”"INTEREST PERIOD") shown in the second column below will be paid on the date (an “Interest Payment Date”"INTEREST PAYMENT DATE") shown in the third column below to holders of record the Registered Owner on the date (a “Record Date”"RECORD DATE") shown in the fourth columncolumn below: TYPE OF INTEREST RATE INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Daily* First Business Day of each First Business Day of the Last Business Day before calendar month through the day next succeeding Interest Interest Payment Date prior to the first Business Day of Period the next succeeding calendar month Last Weekly* First Business Day of each First Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before calendar month through the day next succeeding Interest Interest Payment Date prior to the first Business Day of Period the nextsucceeding calendar month Commercial Paper From 1 one to 270 365 days as Day after the last day of Last Business Day before determined for each Bond Commercial Paper Period Interest Payment Date pursuant to Section 2.02(a)(3) of the Indenture (“Calculation Period”"COMMERCIAL PAPER PERIOD") First day following Calculation Period Last Business Day before Interest Payment Date Long Term Long-Term** Six-month period or portion Next March 1 or Fifteenth of the month thereof beginning ending March 1 or September 1 before the Interest Payment September 1 Date (February 15 or August 15)*** -------------------- * If there shall be a change from a Daily Rate or a Weekly Rate on a day other than the first Business Day of a calendar month, the then current Interest Period relating to such Daily Rate or Weekly Rate shall end on the Conversion day immediately preceding the date on which the new interest rate on the Bonds shall become effective, which date shall be the Interest Payment Date for such Interest Period, for which the Record Date shall be the immediately preceding Business Day. If such new interest rate shall be a Daily Rate or a Weekly Rate, the first Interest Period relating thereto shall begin on the effective date of such new interest rate and end on the day prior to the first Business Day of the next succeeding calendar month, for which the Interest Payment Date and ending the Record Date shall be as prescribed in this Table. ** If there shall be a change from a Long-Term Interest Rate on a day other than the day after the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each sixthen current Long-month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Term Interest Payment Date 1 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Rate Period, then the first day or if there shall be an early termination of such Accrual Long-Term Interest Rate Period and a new Long-Term Interest Rate shall be the Conversion Dateset, but all other terms and condition shall be as set forth in the above Table.such Long-Term Interest Rate Period

INTEREST PAYMENT AND RECORD DATES. Interest will accrue on the unpaid portion of the principal of this Bond from the last date to which interest was paid or duly provided for or, if no interest has been paid or duly provided for, from the date of initial authentication and delivery of the Bonds, until the entire principal amount of this Bond is paid or duly provided for. When interest is payable at the rate in the first column below, interest accrued during the period (an “Accrual Period”) shown in the second column will be paid on the date (an “Interest Payment Date”) in the third column to holders of record on the date (a “Record Date”) in the fourth column: TYPE OF INTEREST PERIOD ACCRUAL PERIOD1 INTEREST PAYMENT DATE RECORD DATE Daily Calendar Month Fifth Business Day of the next month Last Business Day of the Accrual Period Weekly First Wednesday of each month through the first Tuesday of the next succeeding month First Wednesday of each month Last Business Day before Interest Payment Date Commercial Paper From 1 to 270 days as determined for each Bond pursuant to the Indenture (“Calculation Period”) First day following Calculation Period Last Business Day before Interest Payment Date Long Term Six-month period or portion thereof beginning on the Conversion Date and ending on the last day of the sixth calendar month following (and including) the month in which the Conversion Date occurs and each six-month six‑month period thereafter First day of the seventh calendar month following (and including) the month in which the Conversion Date occurs and the first day of every sixth month thereafter Fifteenth of the month before the Interest Payment Date 1 If the Conversion Date does not coincide with the first day of the Accrual Period for the new Interest Period, then the first day of such Accrual Period shall be the Conversion Date, but all other terms and condition shall be as set forth in the above Table.