Common use of To Be Executed Upon Exercise of Warrant Clause in Contracts

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants evidenced by this Warrant Certificate, to purchase _________ [Title of Warrant Securities] (the "Warrant Securities") of Alexander & Alexander Services Inc. and represents that he has tendered payment for such Warrant Securities [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], in immediately available funds, to the order of Alexander & Alexander Services Inc., c/o [insert name and address of Warrant Agent], in the amount of ________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in fully registered form and in the authorized denominations, registered in such names and delivered, all as specified in accordance with the instructions set forth below. If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned unless otherwise specified in the instructions below. Dated: Name ________________________ (Please Print) _________________________ Address ______________________ Social Security Number or ______________________ Other Identifying Number of ______________________ Holder Signature _____________________ The Warrants evidenced hereby may be exercised at the following addresses: By hand at ____________________________________________ -------------------------------------------- -------------------------------------------- By mail at ____________________________________________ -------------------------------------------- -------------------------------------------- [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants __________ Warrants, evidenced by this Warrant Certificate, to purchase _________ principal amount of the [Title of Warrant Securities] (the "Warrant Securities") of Alexander & Alexander Services Inc. Star Banc Corporation and represents that he has tendered payment for such Warrant Securities in [Dollars] [applicable currency] [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], ] in immediately available funds, funds to the order of Alexander & Alexander Services Inc.Star Banc Corporation, c/o [insert name and address of Warrant Agent], in the amount of _________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in [bearer] [fully registered registered] form and in the authorized denominations, registered in such names and delivered, delivered all as specified in accordance with the instructions set forth below. If [However, unless otherwise designated by the number of Warrants exercised is less than all Company, Warrant Securities in bearer form shall be delivered to or upon the order of the Warrants evidenced hereby, the undersigned requests that a new holder of such Warrant Certificate representing only outside the remaining Warrants evidenced hereby be issued United States and delivered to the undersigned unless otherwise specified in the instructions below. its possessions.] Dated: Name ___________________ Name______________________________________________ __________________________ Address___________________________________________ (Please Print) Insert Social Security or Other Identifying Number ___________________________________________ Address of Holder) Signature___________________________________ Social Security Number or [If registered Warrant -- [If registered Warrant -- Signature Guaranteed (Signature must conform in all ______________________ Other Identifying Number of ______________________ Holder Signature _____________________ ] respects to name of holder as specified on face of this Warrant Certificate and must bear a signature guarantee by a bank, trust company or member broker of the New York, Midwest or Pacific Stock Exchange)] The Warrants evidenced hereby may be exercised at the following addressesaddress: By hand at _________________________________________________________________ -------------------------------------------- -------------------------------------------- _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ By mail at _________________________________________________________________ -------------------------------------------- -------------------------------------------- _________________________________________________________________ _________________________________________________________________ _________________________________________________________________ [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates Certificate evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee]

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants Warrants, evidenced by this Warrant Certificate, to purchase _________ principal amount of the [Title of Warrant SecuritiesSecurities ] (the "Warrant Securities") of Alexander & Alexander Services K. Hovnanian Enterprises, Inc. and represents that he has tendered payment for xxxxxxx xxx such Warrant Securities in Dollars [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], ] in immediately available funds, funds to the order of Alexander & Alexander Services K. Hovnanian Enterprises, Inc., c/o , [insert name and address of Warrant Agent], in the amount of ________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in fully registered form and in the authorized denominations, registered in such names and delivered, delivered all as specified in accordance with the instructions set forth below. If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned unless otherwise specified in the instructions below. Dated: :_____________________ Name ____________________________________ Address__________________________________ (Please Print) Insert Social Security or Other Identifying Number of __________________________________ Address Holder) Signature________________________________ Social Security Number or [If registered Warrant -- [If registered Warrant -- Signature Guaranteed (Signature must conform in all ______________________ Other Identifying Number of ______________________ Holder Signature _____________________ ] respects to name of holder as specified on face of this Warrant Certificate and must bear a signature guarantee by a bank, trust company or member broker of the New York, Midwest or Pacific Stock Exchanges] The Warrants evidenced hereby may be exercised at the following addresses: By hand at ___________________________________ ___________________________________ -------------------------------------------- -------------------------------------------- ___________________________________ ___________________________________ By mail at ___________________________________ ___________________________________ -------------------------------------------- -------------------------------------------- ___________________________________ ___________________________________ [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates Certificated evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee]

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants ______________ Warrants, evidenced by this Warrant Certificate, to purchase _________ principal amount of the [Title of Warrant Securities] (the "Warrant Securities") of Alexander & Alexander Services Fingerhut Companies, Inc. and represents that he has tendered payment for such Warrant Securities in [Dollars] [applicable currency] [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], ] in immediately available funds, funds to the order of Alexander & Alexander Services Fingerhut Companies, Inc., c/o [insert name and address of Warrant Agent], in the amount of _________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in fully registered form and in the authorized denominations, registered in such names and delivered, delivered all as specified in accordance with the instructions set forth below. If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned unless otherwise specified in the instructions below. Dated: Name ________________________ ----------------------- ----------------------------------- Address ------------------------------ -------------------------------- (Please Print) _________________________ Address ______________________ Insert Social Security Number or ______________________ Other Identifying Number of ______________________ Holder Holder) Signature _____________________ ------------------------------ Signature Guaranteed (Signature must conform in all respects to name of holder ------------------------------ as specified on face of this Warrant Certificate and must bear a signature guarantee by a bank, trust company or member broker of the New York Stock Exchange)] The Warrants warrants evidenced hereby may be exercised at the following addressesaddress: By hand at ____________________________________________ -------------------------------------------- -------------------------------------------- --------------------------------------------------- --------------------------------------------------- --------------------------------------------------- --------------------------------------------------- By mail at ____________________________________________ -------------------------------------------- -------------------------------------------- --------------------------------------------------- --------------------------------------------------- --------------------------------------------------- --------------------------------------------------- [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates Certificate evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as TrusteeAssignment

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants ________ Warrants, evidenced by this Warrant Certificate, to purchase _________ principal amount of the [Title of Warrant Securities] (the "Warrant Securities") of Alexander & Alexander Services IndyMac Bancorp, Inc. and represents that he has tendered payment for such Warrant Securities in [Dollars] [applicable currency] [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], ] in immediately available funds, funds to the order of Alexander & Alexander Services IndyMac Bancorp, Inc., c/o [insert name and address of Warrant Agent], in the amount of ________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in [bearer] [fully registered registered] form and in the authorized denominations, registered in such names and delivered, delivered all as specified in accordance with the instructions set forth below. [However, unless otherwise designated by the Company, Warrant Securities in bearer form shall be delivered to or upon the order of the holder of such Warrant Certificate only outside the United States and its possessions.] If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned unless otherwise specified in the instructions below. Dated: Name ________________________ --------------------------- -------------------------------- Address ---------------------------------- ----------------------------- (Please Print) _________________________ Address ______________________ Insert Social Security Number or ______________________ Other Identifying Number Number) Signature --------------------------- [If Registered Warrant -- [If registered Warrant - Signature Guaranteed (Signature must conform in all respects to name of ______________________ Holder Signature _____________________ holder as ] specified on face of this ------------------------------------- Warrant Certificate and must bear a signature guarantee by a bank, trust company or member broker of the New York Stock Exchange)] The Warrants warrants evidenced hereby may be exercised at the following addressesaddress: By hand at ____________________________________________ -------------------------------------------- -------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- By mail at ____________________________________________ -------------------------------------------- -------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------------------------------------- [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates Certificate evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee[If registered Warrant] Assignment

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants _________ Warrants, evidenced by this Warrant Certificate, to purchase _________ principal amount of the [Title of Warrant Securities] (the "Warrant Securities") of Alexander & Alexander Services Inc. Xxxxxx Xxxxxx Corporation and represents that he has tendered payment for such Warrant Securities in [Dollars] [applicable currency] [in cash or by certified check or official bank check or by bank wire transfer, in each case] [by bank wire transfer], ] in immediately available funds, funds to the order of Alexander & Alexander Services Inc.Xxxxxx Xxxxxx Corporation, c/o [insert name and address of Warrant Agent], in the amount of _________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities be in fully registered form and in the authorized denominations, registered in such names and delivered, delivered all as specified in accordance with the instructions set forth below. If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned unless otherwise specified in the instructions below. Dated: Name ________________________ ----------------------------- ------------------------------ Address ----------------------------------- --------------------------- (Please Print) _________________________ Address ______________________ Insert Social Security Number or ______________________ Other Identifying Number --------------------------- of ______________________ Holder Holder) A-4 Signature _____________________ ----------------------------------- Signature Guaranteed (Signature must conform in ------------------------ all respects to name of holder as specified on face of this Warrant Certificate and must bear a signature guarantee by a bank, trust company or member broker of the New York, Midwest or Pacific Stock Exchange)] The Warrants warrants evidenced hereby may be exercised at the following addressesaddress: By hand at ____________________________________________ -------------------------------------------- -------------------------------------------- ------------------------------------------------------------ ------------------------------------------------------------ ------------------------------------------------------------ ------------------------------------------------------------ By mail at ____________________________________________ -------------------------------------------- -------------------------------------------- ------------------------------------------------------------ ------------------------------------------------------------ ------------------------------------------------------------ ------------------------------------------------------------ [Instructions as to form and delivery of Warrant Securities and, if applicable, Warrant Certificates Certificate evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee]

To Be Executed Upon Exercise of Warrant. The undersigned hereby irrevocably elects to exercise Warrants Warrants, evidenced by this Warrant Certificate, to purchase $__________ principal amount of the [Title of Warrant SecuritiesNotes] (the "Warrant SecuritiesNotes") of Alexander & Alexander Services Avaya Inc. and represents that he has tendered payment for such Warrant Securities Notes [in cash or by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer], ] [in immediately available funds, ] to the order of Alexander & Alexander Services Inc., Avaya Inc. c/o [insert name and address of Warrant Agent], in the amount of $________ (currency) in accordance with the terms hereof. The undersigned requests that said principal amount of Warrant Securities Notes be in [bearer form in the authorized denominations] [fully registered form and in the authorized denominations, registered in such names and aid delivered, ] all as specified in accordance with the instructions set forth below. If the number of Warrants exercised is less than all of the Warrants evidenced hereby, the undersigned requests that a new Warrant Certificate representing the remaining Warrants evidenced hereby be issued and delivered to the undersigned undersigned, unless otherwise specified in ;n the instructions below. Dated: Name ________________________ --------------------------- ----------------------------- (Please Print) _________________________ Address ______________________ (Insert --------------------------------- ---------------------- Social Security Number or ______________________ Other other Identifying Number of ______________________ Holder Holder) -------------------------- Signature _____________________ ------------------------ The Warrants evidenced hereby may be exercised at the following addresses: By hand at ____________________________________________ -------------------------------------------- -------------------------------------------- at: ------------------------------------------------------------- ------------------------------------------------------------- ------------------------------------------------------------- ------------------------------------------------------------- By mail at ____________________________________________ -------------------------------------------- -------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- [Instructions as to form and delivery of Warrant Securities Notes and, if applicable, Warrant Certificates evidencing unexercised Warrants -- complete as appropriate.] *Certificate for Delivery of Bearer Warrant Securities ALEXANDER & ALEXANDER SERVICES INC. Warrant Securities TO: Alexander & Alexander Services Inc. c/o as Trustee[If Registered Warrant]