Common use of Put Option Notice Clause in Contracts

Put Option Notice. We refer to the Put and Call Agreement (the “Put and Call Agreement”) dated April ___, 2009 and made between you and the undersigned. Terms defined in the Put and Call Agreement shall bear the same meaning when used herein. We hereby confirm that we wish to exercise the option granted under Section 2 of the Put and Call Agreement and accordingly the Put Option is hereby exercised with respect to ________ Shares. The Closing Date shall be [•][date must be at least two weeks after the date the Company receives the Put Option Notice]. This put option notice is irrevocable and is governed by, and shall be construed in accordance with the laws of the State of New York. Yours faithfully By: Name: Title: SCHEDULE II CALL OPTION NOTICE To: [SELLER] Attention: [•] [Date] Ladies and Gentlemen,

Put Option Notice. We refer to the Put and Call Agreement (the “Put and Call Agreement”) dated April ___, 2009 and made between you and the undersigned. Terms defined in the Put and Call Agreement shall bear the same meaning when used herein. We hereby confirm that we wish to exercise the option granted under Section 2 of the Put and Call Agreement and accordingly the Put Option is hereby exercised with respect to ________ Shares. The Closing Date shall be [•][date must be at least two weeks after the date the Company receives the Put Option Notice]. This put option notice is irrevocable and is governed by, and shall be construed in accordance with the laws of the State of New York. Yours faithfully By: Name: Title: SCHEDULE II CALL OPTION NOTICE To: [SELLER] Attention: [•Attention:[•] [Date] Ladies and Gentlemen,

Put Option Notice. We refer to the Put and Call Agreement (the “Put and Call Agreement”) dated April ___, 2009 and made between you and the undersigned. Terms defined in the Put and Call Agreement shall bear the same meaning when used herein. We hereby confirm that we wish to exercise the option granted under Section 2 of the Put and Call Agreement and accordingly the Put Option is hereby exercised with respect to ________ Shares. The Closing Date shall be [•][date must be at least two weeks after the date the Company receives the Put Option Notice]. This put option notice is irrevocable and is governed by, and shall be construed in accordance with the laws of the State of New York. Yours faithfully By: ___________________ Name: Title: SCHEDULE II CALL OPTION NOTICE To: [SELLER] Attention: [•] [Date] Ladies and Gentlemen,