EXHIBIT 1 WAL-MART STORES, INC. DEBT SECURITIES UNDERWRITING AGREEMENTUnderwriting Agreement • July 24th, 2001 • Wal Mart Cayman Sterling Finance Co • Retail-variety stores • New York
TIA Section Indenture Section ----------- 310............................................................8.08 (a)(1)......................................................8.09 (a)(2)......................................................8.09...Indenture • July 24th, 2001 • Wal Mart Cayman Sterling Finance Co • Retail-variety stores • New York
FORM OF GUARANTEE OF WAL-MART STORES, INC.Guarantee Agreement • July 24th, 2001 • Wal Mart Cayman Sterling Finance Co • Retail-variety stores
For value received, Wal-Mart Stores, Inc., a Delaware corporation, having its principal executive offices at 702 S.W. 8th Street, Bentonville, Arkansas 72716 (the "Guarantor," which term includes any successor Person thereto under the Indenture referred to in the Security to which this Guarantee is annexed or upon which this Guarantee is endorsed (the "Guaranteed Security")), hereby unconditionally and irrevocably guarantees to the Holder of the Guaranteed Security and to the Trustee on behalf of such Holder, the due and punctual payment of the principal of, premium, if any, and interest on the Guaranteed Security, the due and punctual payments of any Redemption Price or Repurchase Price referred to therein, the due and punctual payment of any sinking fund or analogous payments referred to therein, and the due and punctual payment of any other amounts due and payable to the Holder of the Guaranteed Security pursuant to the terms of the Guaranteed Security (the "Guaranteed Obligations")
