Whirlpool Corporation Notes Due Nine Months or More From the Date of Issue TERMS AGREEMENT
Whirlpool
Corporation
Notes
Due Nine Months or More From the Date of Issue
TERMS AGREEMENT
February 25, 2008
Whirlpool Corporation2000 North M-00
Xxxxxx Xxxxxx, Xxxxxxxx 49022-2692
Attention: Treasurer Subject in all respects to the terms and conditions of the Selling Agency Agreement (the "Agreement") dated February 25, 2008, between the Purchasers and Agents referenced therein and you, the undersigned agrees to purchase the following Notes of Whirlpool Corporation:
Aggregate Principal Note: | $500,000,000 |
Interest Rate: | 5.500% per annum |
Date of Maturity: | March 1, 2013 |
Interest Payment Dates: | March 1 and September 1 of each year, commencing September 1, 2008 |
Record Dates: | February 15 and August 15 of each year, commencing February 15, 2008 |
Change of Control Offer: | Yes |
Other Terms of Notes: | None |
Discount: | 0.60% of the principal amount |
Purchase Price: | 99.175% of the principal amount, plus accrued interest from February 28, 2008 |
Commission: | $3,000,000 |
Time of Sale: | 3:00 PM, New York City Time |
Purchase Date and Time: | February 28, 2008, 9:00 AM, New York City Time |
Place for Delivery of Notes and Payment Therefor: |
Xxxxx Xxxx & Xxxxxxxx
000 Xxxxxxxxx Xxxxxx Xxx Xxxx, XX 00000 |
Method of Payment: | Cash |
Modification, if any, in the requirements to deliver the documents specified in Sections 2(b) or 6(b) or other Sections of the Agreement: |
None |
BANC OF AMERICA SECURITIES, LLC
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: Vice President
GREENWICH CAPITAL MARKETS, INC.
By: /s/ Xxxxx Xxxxxxxxxx
Name: Xxxxx Xxxxxxxxxx
Title: Managing Director
Accepted:
WHIRLPOOL CORPORATION By: /s/ Xxxxx X. XxxxxName: Xxxxx X. Xxxxx
Title: Vice President and Treasurer