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k Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex 1. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provi
d for transfer) and such other documentation as the transferee may reasonably request, or (ii) shall be transferred through the book entry system of Euroclear or Clearstream, or (iii) shall be transferred through any other agreed securities clearance system or (iv) shall be transferred by any other method mutually accep
k Transactions: (ii) Net Paying Securities. this shall be specified in Annex I hereto and the provisions of Annex I. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. If 'Transactions arc to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provision
d for transfer) and such other documentation as the transferee may reasonably request. or (ii) shall be transferred through the book entry system of Euroclear or Clearstream. or (iii) shall be transferred through any other agreed securities clearance system or (iv) shall be transferred by any other method mutually accep
k Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex I. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provi
d for transfer) and such other documentation as the transferee may reasonably request, or (ii) shall be transferred through the book entry system of Euroclear or Clearstream, or (iii) shall be transferred through any other agreed securities clearance system or (iv) shall be transferred by any other method mutually accep
Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex I. paragraph I (b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either pany as an agent, this shall be specified in Annex I hereto, and the provis
d for transfer) and such other documentation as the transferee may reasonably request, or (ii) shall be transferred through the book entry system of Euroclear or Clearstream. or (iii) shall be transferred through any other agreed securities clearance system or (iv) shall be transferred by any other method mutually accep
Entities connected to both Transactions involving Net Paying Securities and Euroclear or Clearstream

Zurich
LOCATIONThe Bond Market Association
ORGANIZATIONSeller Securities
ORGANIZATION
United States
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONAnnex I.
PERSONBond Annex
PERSONEuroclear
ORGANIZATION
the Bank of England
ORGANIZATIONthe Republic of Italy
LOCATIONTransaction Buyer
ORGANIZATIONthe DBV Transaction
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONLegal Department
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATION
FDIC
ORGANIZATIONthe Market Value of Margin Securities
ORGANIZATION
Barclays
ORGANIZATIONDeutsche Bank AG London
ORGANIZATION