Common use of NOTICE CAREFULLY AND COMPLETELY Clause in Contracts

NOTICE CAREFULLY AND COMPLETELY. IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS TO WHOM THIS NOTICE IS ADDRESSED, THE SETTLEMENT WILL AFFECT YOUR RIGHTS. YOU ARE NOT BEING SUED IN THIS MATTER. YOU DO NOT HAVE TO APPEAR IN COURT, AND YOU DO NOT HAVE TO HIRE AN ATTORNEY IN THIS CASE. IF YOU ARE IN FAVOR OF THE SETTLEMENT, YOU NEED NOT DO ANYTHING. IF YOU DISAPPROVE, YOU MAY OBJECT TO THE SETTLEMENT PURSUANT TO THE PROCEDURES DESCRIBED BELOW. ACTIONS YOU MAY TAKE IN THE SETTLEMENT NO ACTION IS NECESSARY TO RECEIVE PAYMENT. If the Settlement is approved by the Court and you are a member of the Settlement Class, you do not need to do anything in order to receive a payment. The portion, if any, of the Settlement Fund to be allocated to your Plan account will be calculated as part of the implementation of the Settlement. However, if you wish that transactions involving the Xerox Stock Fund in your Plan account that occurred during the period May 12, 1997 through December 31, 1997, be taken into account in calculating your share, if any, of the Settlement Fund, you must provide required documentation to the Settlement Administrator; please review carefully the discussion on Page of this Notice entitled “Special Information Regarding 1997 Plan Activity.” YOU CAN OBJECT NO LATER THAN , 2009. If you wish to object to any part of the Settlement, you can follow the procedures stated below, and explain why you do not like the Settlement. YOU CAN GO TO THE FAIRNESS HEARING ON , 2009 BY FILING A NOTICE OF INTENTION TO APPEAR NO LATER THAN , 2009. You can ask to speak in Court about the fairness of the Settlement at the Fairness Hearing. WHAT THIS NOTICE CONTAINS SUMMARY OF SETTLEMENT ...................................................................................................................................................................

NOTICE CAREFULLY AND COMPLETELY. IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS TO WHOM THIS NOTICE IS ADDRESSEDCLASS, THE SETTLEMENT WILL AFFECT YOUR RIGHTS. YOU ARE NOT BEING SUED IN THIS MATTERSUED. YOU DO NOT HAVE TO APPEAR IN COURT, AND YOU DO NOT HAVE TO HIRE AN ATTORNEY IN THIS CASE. IF YOU ARE IN FAVOR OF THE SETTLEMENT, YOU NEED NOT DO ANYTHING. IF YOU DISAPPROVE, YOU MAY OBJECT TO THE SETTLEMENT OR THE REQUEST FOR ATTORNEYS’ FEES PURSUANT TO THE PROCEDURES DESCRIBED BELOW. ACTIONS YOU MAY TAKE IN THE SETTLEMENT NO ACTION IS NECESSARY TO RECEIVE PAYMENT. If the Settlement settlement is approved by the Court and you are a member of the Settlement Class, you do not need to do anything in order to receive a payment. The portion, if any, amount of the Settlement Fund to be allocated to your Plan account individual recovery will be calculated as part of the implementation of the Settlementsettlement. However, if you wish that transactions involving the Xerox Stock Fund in You will have an opportunity to elect whether to roll your Plan individual recovery into a qualified retirement plan or individual retirement account that occurred during the period May 12, 1997 through December 31, 1997, be taken into account in calculating OR to receive a check for your share, if any, share of the Settlement Fundsettlement, you must provide required documentation which will be taxed according to the Settlement Administrator; please review carefully the discussion on Page of federal tax code. If you did not receive this Notice entitled “Special Information Regarding 1997 Plan Activity.” through the mail and you believe you should have, please contact Plaintiffs’ Class Counsel to insure that your current address is entered into the database that will be used to distribute money from the settlement. YOU CAN OBJECT (NO LATER THAN , 20092011). If you wish to object to any part of the Settlementsettlement, you can follow write to the procedures stated below, District Court and the lawyers identified below and explain why you do not like the Settlementsettlement. YOU CAN GO TO THE FAIRNESS HEARING ON , 2009 BY FILING A NOTICE OF INTENTION TO APPEAR NO LATER THAN 2011. If you have submitted a written objection to the District Court and the lawyers identified below, 2009. You you can ask to speak in Court about the fairness of the Settlement at the Fairness Hearingsettlement. WHAT THIS NOTICE CONTAINS SUMMARY OF SETTLEMENT ...................................................................................................................................................................3 BASIC INFORMATION 4

NOTICE CAREFULLY AND COMPLETELY. IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS TO WHOM THIS NOTICE IS ADDRESSED, THE SETTLEMENT WILL AFFECT YOUR RIGHTS. YOU ARE NOT BEING SUED IN THIS MATTER. YOU DO NOT HAVE TO APPEAR IN COURT, AND YOU DO NOT HAVE TO HIRE AN ATTORNEY IN THIS CASE. IF YOU ARE IN FAVOR OF THE SETTLEMENT, YOU NEED NOT DO ANYTHING. IF YOU DISAPPROVE, YOU MAY OBJECT TO THE SETTLEMENT PURSUANT TO THE PROCEDURES DESCRIBED BELOW. ACTIONS YOU MAY TAKE IN THE SETTLEMENT NO ACTION IS NECESSARY TO RECEIVE PAYMENT. If the Settlement is approved by the Court and you are a member of the Settlement Class, you do not need to do anything in order to receive a payment. The portion, if any, of the Net Proceeds of the Settlement Fund to be allocated to your Plan account or otherwise for your benefit will be calculated as part of the implementation of the Settlement. HoweverIf you are a current participant in the Plan, any share of the Net Proceeds to which you are entitled will be deposited into your Plan account(s). If you are no longer a Plan participant and are entitled to share in the Net Proceeds, a Plan account will be established for you, if necessary, and you wish that transactions involving the Xerox Stock Fund in your Plan account that occurred during the period May 12, 1997 through December 31, 1997, will be taken into account in calculating your share, if any, notified of the Settlement Fund, you must provide required documentation to the Settlement Administrator; please review carefully the discussion on Page of this Notice entitled “Special Information Regarding 1997 Plan Activity.” such account. YOU CAN OBJECT (NO LATER THAN , 2009). If you wish to object to any part of the Settlement, you can follow write to the procedures stated below, Court and counsel and explain why you do not like the Settlement. YOU CAN GO TO THE FAIRNESS HEARING ON If you have submitted a written objection to the Court and counsel, 2009 BY FILING A NOTICE OF INTENTION TO APPEAR NO LATER THAN as explained below, 2009. You you can ask to speak in Court about the fairness of the Settlement at the Fairness HearingSettlement. WHAT THIS NOTICE CONTAINS SUMMARY OF SETTLEMENT ...................................................................................................................................................................3 BASIC INFORMATION 4