Common use of NOVATION CONFIRMATIONS Clause in Contracts

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 000 000 000] ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager and Party B (the "AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NO. NOTIONAL AMOUNT FIXED SWAP RATE CURRENT FLOATING RATE] [Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF PARTY A: ...................................... ................................... (Authorised Officer) (Authorised Officer)

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A A, a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. 30. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] Commonwealth Bank of Australia, ACN 123 123 124 ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] 000 ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager and Party B and Macquarie Securitisation Limited (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Warehouse Fund or Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NO. NOTIONAL AMOUNT FIXED SWAP CURRENT AMOUNT RATE CURRENT FLOATING RATE] [Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ):] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. 31. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B ---------------------------------------- ---------------------------------- (Authorised OfficerSignatory) (Authorised OfficerSignatory) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A ---------------------------------------- ---------------------------------- (Authorised OfficerSignatory) (Authorised OfficerSignatory) 32. FIXED - FLOATING INTEREST RATE SWAP CONFIRMATION ------------------------------------------------ PRO-FORMA ONLY -------------- Commonwealth Bank of Australia ACN 123 123 124 COMMONWEALTH BANK OF AUSTRALIA Confirmations Ph: (00) FOR AND ON BEHALF OF PARTY A0000 0000 Facsimile : ...................................... ................................... (Authorised Officer00) 0000 0000 Rate Set Enq Ph : (Authorised Officer)00) 0000 0000 Settlements Ph: (00) 0000 0000 [DATE] Perpetual Trustees Australia Limited as trustee of the PUMA Global Trust No. 1 c/- Macquarie Securitisation Limited Xxxxx 00, 00 Xxxx Xxxxxx Xxxxxx XXX 0000 Fax Number:

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A A, a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. 30. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] Commonwealth Bank of Australia, ACN 123 123 124 ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] 000 ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager and Party B and Macquarie Securitisation Limited (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Warehouse Fund or Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NO. NOTIONAL AMOUNT FIXED SWAP CURRENT AMOUNT RATE CURRENT FLOATING RATE] [Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ):] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. 31. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B ---------------------------------------- ---------------------------------- (Authorised OfficerSignatory) (Authorised OfficerSignatory) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A ---------------------------------------- ---------------------------------- (Authorised OfficerSignatory) (Authorised OfficerSignatory) 32. FIXED - FLOATING INTEREST RATE SWAP CONFIRMATION ------------------------------------------------ PRO-FORMA ONLY -------------- Commonwealth Bank of Australia ACN 123 123 124 COMMONWEALTH BANK OF AUSTRALIA Confirmations Ph: (00) FOR AND ON BEHALF OF PARTY A0000 0000 Facsimile : ...................................... ................................... (Authorised Officer00) 0000 0000 Rate Set Enq Ph : (Authorised Officer)00) 0000 0000 Settlements Ph: (00) 0000 0000 [DATE] Perpetual Trustees Australia Limited as trustee of the PUMA Global Trust No. [ ] c/- Macquarie Securitisation Limited Xxxxx 00, 00 Xxxx Xxxxxx Xxxxxx XXX 0000 Fax Number:

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] XXXXXX GUARANTY TRUST COMPANY OF NEW YORK, LONDON OFFICE ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] , ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager A and Party B (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NO. NOTIONAL AMOUNT FIXED SWAP CURRENT AMOUNT RATE CURRENT FLOATING RATE] [RATE Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B ..................................... ..................................... (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A ..................................... ..................................... (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF [XX XXXXXX LOGO] 30 DAY - 90 DAY BASIS SWAP CONFIRMATION PRO-FORMA ONLY -------------------------------------------------------------------------------- ATTN: [ ] PUMA Global Trust No. [ ] FAX NO: [ ] FROM: XXXXXX GUARANTY TRUST COMPANY OF PARTY ANEW YORK RE: ...................................... ................................... SWAP TRANSACTION CONFIRMATION TRADE DATE: [ ] EFFECTIVE DATE: [ ] YOUR REF: [ ] OUR REF: [ ] DATE SENT: [ ] NO OF PAGES: [ ] -------------------------------------------------------------------------------- [XX XXXXXX LOGO] [DATE] Perpetual Trustees Australia Limited (Authorised Officerin its capacity as trustee of PUMA Global Trust No. [ ]) (Authorised Officer)c/o The Manager: PUMA Programme Xxxxx 00, 00 Xxxx Xxxxxx Xxxxxx XXX 0000 Dear Sir, Swap Transactions - PUMA Global Trust No. [ ]

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] XXXXXX GUARANTY TRUST COMPANY OF NEW YORK, LONDON OFFICE ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] , ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager A and Party B (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NO. NOTIONAL AMOUNT FIXED SWAP CURRENT AMOUNT RATE CURRENT FLOATING RATE] [RATE Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B .................................... ..................................... (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A .................................... ..................................... (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF [XX XXXXXX LOGO] 30 DAY - 90 DAY BASIS SWAP CONFIRMATION PRO-FORMA ONLY -------------------------------------------------------------------------------- ATTN: [ ] PUMA Global Trust No. 1 FAX NO: [ ] FROM: XXXXXX GUARANTY TRUST COMPANY OF PARTY ANEW YORK RE: ...................................... ................................... SWAP TRANSACTION CONFIRMATION TRADE DATE: [ ] EFFECTIVE DATE: [ ] YOUR REF: [ ] OUR REF: [ ] DATE SENT: [ ] NO OF PAGES: [ ] -------------------------------------------------------------------------------- [XX XXXXXX LOGO] [DATE] Perpetual Trustees Australia Limited (Authorised Officerin its capacity as trustee of PUMA Global Trust No. 1) (Authorised Officer)c/o The Manager: PUMA Programme Xxxxx 00, 00 Xxxx Xxxxxx Xxxxxx XXX 0000 Dear Sir,

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] UBS AUSTRALIA LIMITED, ACN 003 059 461 ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] , ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager A and Party B (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NOTrade Date Facility No. NOTIONAL AMOUNT FIXED SWAP Notional Fixed Swap CURRENT Amount Rate FLOATING RATE CURRENT FLOATING RATE] [Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B --------------------------------------- ------------------------------ (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A --------------------------------------- ------------------------------ (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF PARTY ATHE PUMA FUND Master Agreement DATE: ...................................... ................................... UBS AUSTRALIA LIMITED Party A PERPETUAL TRUSTEES AUSTRALIA LIMITED Party B XXXXXXX XXX Solicitors Levels 27-35 Xx.0 X'Xxxxxxx Xxxxxx SYDNEY NSW 2000 Ref: 218 FIXED - FLOATING INTEREST RATE SWAP CONFIRMATION PRO-FORMA ONLY [DATE] PERPETUAL TRUSTEES AUSTRALIA LIMITED as trustee for the PUMA Global Trust No. [ ] C/- THE MANAGER, MACQUARIE SECURITISATION LIMITED XXXXX 00, 00 XXXX XXXXXX XXXXXX XXX 0000 ATTN: TREASURY OPERATIONS Fax: (Authorised Officer00) 0000-0000 INTEREST RATE SWAP TRANSACTION CONFIRMATION REFERENCE: [ ] The purpose of this letter is to set forth the terms and conditions of the Transaction entered into between us on the Trade Date specified below (Authorised Officerthe 'Transaction'). This letter constitutes a 'Confirmation' as referred to in the ISDA Master Agreement dated 22 July 1996 between UBS Australia Limited and Perpetual Trustees Australia Limited as amended from time to time. 1. The terms of the particular transaction to which this Confirmation relates are as follows:

NOVATION CONFIRMATIONS. As soon as practicable after an agreement to novate has been entered into in accordance with Section 5.1 of this Annex, Party B (itself or the Manager on its behalf) and the Manager must issue to Party A a Novation Confirmation. Upon receipt of a Novation Confirmation, Party A must promptly either: (a) confirm the accuracy of the Novation Confirmation by counter-signing and returning that Novation Confirmation to the Manager; or (b) request the correction of that Novation Confirmation. SCHEDULE TO THE MASTER NOVATION ANNEX NOVATION CONFIRMATION [Date] TO: [ ] UBS AUSTRALIA LIMITED, ACN 003 059 461 ("PARTY A") FROM: [PERPETUAL TRUSTEES AUSTRALIA LIMITED, ABN 86 ACN 000 000 000] , ("PARTY B") AND MACQUARIE SECURITISATION LIMITED, ABN 16 003 297 336 NOVATION CONFIRMATION The parties refer to the ISDA Master Agreement dated [ ] made between Party A, the Manager A and Party B (the "MASTER AGREEMENT"). Unless the context indicates a contrary intention, terms defined in the Master Agreement have the same meaning where used in this Novation Confirmation. For the purposes of this Novation Confirmation: (a) a reference to the Relevant Selling Sub-Fund is a reference to [Name of Sub-Selling Fund]; (b) a reference to the Relevant Purchasing Sub-Fund is a reference to [Name of Sub-Fund]; and (c) a reference to the Novation Date is a reference to [Insert Date]. The parties hereby confirm and agree that as of the Novation Date each of the Transactions (the "NOVATED TRANSACTIONS") referred to in the Schedule to this Novation Confirmation is novated from the Relevant Selling Sub-Fund to the Relevant Purchasing Sub-Fund in accordance with the terms of the Master Novation Annex. SCHEDULE NOVATED TRANSACTIONS [SERIAL NO. TRADE DATE FACILITY NOTrade Date Facility No. NOTIONAL AMOUNT FIXED SWAP Notional Fixed Swap CURRENT Amount Rate FLOATING RATE CURRENT FLOATING RATE] [Aggregate Notional Amount: Aggregate Fixed Swap Rate (being a weighted average calculated by reference to the Notional Amount of each Novated Transaction): ] This Novation Confirmation supplements and forms part of the Master Agreement. 28 Confirmed as of the date first above written. FOR AND ON BEHALF OF THE MANAGER AS ATTORNEY FOR PARTY B: ...................................... .................................. For and on behalf of the Manager as attorney for Party B --------------------------------------- ------------------------------ (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF THE MANAGER: ...................................... ................................... For and on behalf of Party A --------------------------------------- ------------------------------ (Authorised Officer) (Authorised Officer) FOR AND ON BEHALF OF PARTY ATHE PUMA FUND Master Agreement DATE: ...................................... ................................... UBS AUSTRALIA LIMITED Party A PERPETUAL TRUSTEES AUSTRALIA LIMITED Party B XXXXXXX XXX Solicitors Levels 27-35 Xx.0 X'Xxxxxxx Xxxxxx SYDNEY NSW 2000 Ref: 218 FIXED - FLOATING INTEREST RATE SWAP CONFIRMATION PRO-FORMA ONLY [DATE] PERPETUAL TRUSTEES AUSTRALIA LIMITED as trustee for the PUMA Global Trust No. 1 C/- THE MANAGER, MACQUARIE SECURITISATION LIMITED XXXXX 00, 00 XXXX XXXXXX XXXXXX XXX 0000 ATTN: TREASURY OPERATIONS Fax: (Authorised Officer00) 0000-0000 INTEREST RATE SWAP TRANSACTION CONFIRMATION REFERENCE: [ ] The purpose of this letter is to set forth the terms and conditions of the Transaction entered into between us on the Trade Date specified below (Authorised Officerthe 'Transaction'). This letter constitutes a 'Confirmation' as referred to in the ISDA Master Agreement dated 22 July 1996 between UBS Australia Limited and Perpetual Trustees Australia Limited as amended from time to time. 1. The terms of the particular transaction to which this Confirmation relates are as follows: