THIS NOTE IS A GLOBAL SECURITY WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITORY OR A NOMINEE THEREOF. UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM, THIS...Global Security Note • July 29th, 2004 • Merrill Lynch & Co Inc • Security brokers, dealers & flotation companies
This Note may be exchanged in whole or in part in whole Units at the option of the Holder during any Business Day (as defined herein) during any Exchange Notice Period (as defined below) by delivery of appropriate written notice from the Holder to the Trustee (in the form of Annex A attached hereto). An “Exchange Notice Period” means the period from and including the first calendar day of the month of July to and including 12 noon in The City of New York on the fifteenth calendar day during the month of July in the years 2005, 2006, 2007 and 2008. If the fifteenth calendar day of the applicable month of July is not a Business Day, then the Exchange Notice Period shall be extended to 12 noon in The City of New York on the next succeeding Business Day. The amount of the cash payment received with respect to each Unit upon exchange (the “Exchange Amount”) shall be equal to the Redemption Amount, calculated as though the Exchange Date (as defined below) was the Stated Maturity Date and as
