Common use of Treasury Option Clause in Contracts

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury "Treasury" Margin per annum (as described in terms of basis points (“"bps”") in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“"US$CMT”") 125 bps Two Years US$CMT 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s 's cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the Company’s Borrower's previous fiscal quarter’s 's leverage ratio, as follows: LEVERAGE RATIO Leverage Ratio (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR Increase/Decrease to Spread Change to Libor and TREASURY MARGINS Treasury Margins (IN BASIS POINTSin Basis Points) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury Rate (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / INCREASE/DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury Rate (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT USSCMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by reasonablydeterminedby CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury "Treasury" Margin per annum (as described in terms of basis points (“"bps”") in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“"US$CMT”") 125 bps Two Years US$CMT 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s 's cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the Company’s Borrower's previous fiscal quarter’s 's leverage ratio, as follows: LEVERAGE RATIO Leverage Ratio (as defined below) INCREASE Increase / DECREASE TO SPREAD CHANGE TO LIBOR Decrease to Spread Change to Libor and TREASURY MARGINS Treasury Margins (IN BASIS POINTSIn Basis Points) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT USSCMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT USSCMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s CoBank‘s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.001 .20: 1 .00, but less than 1.35:1.00 1 .35 : 1 .00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury Rate (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury “Treasury” Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined)) . Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“US$CMT”) 125 bps 125bps Two Years US$CMT 125bps Three Years US$CMT 125 bps 125bps Four Years US$CMT 125 bps 125bps Five Years US$CMT 125 bps 125bps Seven Years US$CMT 140 bps 140bps Ten Years US$CMT 140 bps 140bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. , TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 020

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined)) . Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“US$CMT”) 125bps Two Years US$CMT 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury “Treasury” Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury (“US$CMT”) 125 bps 125bps Three Years US$CMT 125 bps 125bps Four Years US$CMT 125 bps 125bps Five Years US$CMT 125 bps 125bps Seven Years US$CMT 140 bps 140bps Ten Years US$CMT 140 bps 140bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin 1.25% per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined). Under this option, balances of $2,000,000.00 1,000,000 or more may be fixed on or before September 30, 1997 for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. Notwithstanding the foregoing, subsequent to September 30, 1997, if the spread between CoBank's cost of funds (as determined by CoBank in accordance with its methodology) and the U.S. Treasury Rate should widen from the spread in effect for the same period of time on the date hereof, then the spread over the U.S. Treasury Rate may be adjusted upward to reflect any such change. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two The Company shall select the applicable rate option at the time it requests a loan hereunder and may, subject to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all the limitations set forth above, elect to convert balances bearing interest at the variable rate to one of the above indicesfixed rate options. Upon the expiration of any fixed rate period, including interest shall automatically accrue at the Floor (Minimum) Rate, may increase variable rate unless the amount fixed is repaid or decrease fixed for future fixed amounts based an additional period in accordance with the terms hereof. All elections provided for herein shall be made telephonically or in writing and must be received by 12:00 noon Company's local time. Interest shall be calculated on the Company’s previous fiscal actual number of days each loan is outstanding on the basis of a year consisting of 360 days and shall be payable quarterly in arrears by the 20th day of the month following the calendar quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0.

Treasury Option. At a fixed rate equal to the Applicable Treasury “Treasury” Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT USSCMT 125 bps Five Years US$CMT USSCMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT USSCMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / INCREASE/DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any and fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury Rate (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / INCREASE/DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than than, 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 020

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury Rate (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: ; LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 020

Treasury Option. At a fixed rate equal to the Applicable Treasury “Treasury” Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ U.S.$ Constant Maturity Treasury (“US$CMT”) 125 bps 125bps Three Years US$CMT 125 bps 125bps Four Years US$CMT 125 bps 125bps Five Years US$CMT 125 bps 125bps Seven Years US$CMT 140 bps 140bps Ten Years US$CMT 140 bps 140bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / INCREASE/DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“"bps”") in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“"US$CMT”") 125 bps Two Years US$CMT 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s 's cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the Company’s Borrower's previous fiscal quarter’s 's leverage ratio, as follows: LEVERAGE RATIO Leverage Ratio (as defined below) INCREASE Increase / DECREASE TO SPREAD CHANGE TO LIBOR Decrease to Spread Change to Libor and TREASURY MARGINS Treasury Margins (IN BASIS POINTSin Basis Points) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate Teleratae ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank Co Bank in its sole discretion) 105bps 105 bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “U.S. Treasury Rate” (as hereinafter defined). Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “U.S. Treasury Rate” shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ Constant Maturity Treasury (“US$CMT”) 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate (For Two to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) Rate, may increase or decrease for future fixed amounts based on the Company’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / INCREASE/DECREASE TO SPREAD CHANGE TO APPLICABLE LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0

Treasury Option. At a fixed rate equal to the Applicable Treasury “Treasury” Margin per annum (as described in terms of basis points (“bps”) in the chart immediately set forth below) above the “"U.S. Treasury Rate” " (as hereinafter defined)) . Under this option, balances of $2,000,000.00 or more may be fixed on or before for periods ranging from two years one year to the final maturity date of the loan, as selected by the Company. However, rates may not be fixed in such a manner as to require the Company to have to repay any fixed rate balance prior to the last day of its fixed rate period in order to pay any installment of principal. For purposes hereof, the “"U.S. Treasury Rate” " shall mean the yield to maturity on U.S. Treasury instruments having the same maturity date as the last day of the fixed rate period selected by the Company, as calculated from the bid price indicated by Telerate (page 5) at the time the rate is fixed. If, however, no instrument is indicated for the maturity selected, then the rate shall be interpolated based on the bid prices quoted for the next longest and shortest maturities so indicated. In the event Telerate ceases to provide such quotations or materially changes the form or substance of page 5 (as determined by CoBank), then CoBank will notify the Company and the parties hereto will agree upon a substitute basis for obtaining such quotations. quotations TREASURY MARGINS FIXED RATE PRODUCT INDEX SPREAD OVER INDEX IN BASIS POINTS (Applicable Treasury Margin) Two Years U.S. $ One Year U.S.$ Constant Maturity Treasury (“US$CMT”) 125bps Two Years US$CMT 125 bps Three Years US$CMT 125 bps Four Years US$CMT 125 bps Five Years US$CMT 125 bps Seven Years US$CMT 140 bps Ten Years US$CMT 140 bps Floor (Minimum) Rate Margin (For Two One to Ten Year Fixed Rate Products Only) CoBank’s cost of funds (as reasonably determined by CoBank in its sole discretion) 105bps The spread over all of the above indices, including the Floor (Minimum) RateMargin, may increase or decrease for future fixed amounts based on the CompanyBorrower’s previous fiscal quarter’s leverage ratio, as follows: LEVERAGE RATIO (as defined below) INCREASE / DECREASE TO SPREAD CHANGE TO LIBOR and TREASURY MARGINS (IN BASIS POINTS) A. Equal to or greater than 1.35:1.00 Increase 20 B. Equal to or greater than 1.20:1.00, but less than 1.35:1.00 None 0