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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(h) 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
cting through a Designated Office, ("Buyer') securities and financial instruments (-Securities, (subject to paragraph 1(c). other than equities and Net Paying Securities) against the payment of the purchase price by Buyer to Seller, with simultaneous agreement by Buyer to sell to Seller Securities equivalent to such
k Transactions; (ii) Net Paying Securities. this shall be specified in Annex I hereto and the provisions of Annex 1. paragraph 1(h) 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
cting through a Designated Office, ("Buyer') securities and financial instruments (-Securities, (subject to paragraph 1(c). other than equities and Net Paying Securities) against the payment of the purchase price by Buyer to Seller, with simultaneous agreement by Buyer to sell to Seller Securities equivalent to such
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
ting through a Designated Office, ("Buyer") securities and financial instruments ("Securities") (subject to paragraph 1(c), other than equities and Net Paying Securities) against the payment of the purchase price by Buyer to Seller, with a simultaneous agreement by Buyer to sell to Seller Securities equivalent to suc
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
ting through a Designated Office. ("Buyer") securities and furincial instruments C'Securitics") (subject to paragraph 1(c), other than equities and Net Paying Securities) against the payment of the purchase price by Buyer to Seller, with a simultaneous agreement by Buyer to sell to Seller Securities equivalent to suc
k Transactions; Ili) Net Paying Securities. this shall be specified in Annex I hereto and the provisions of Annex 1. paragraph 1(h) 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
cting through a Designated Office, ("Buyer') securities and financial instruments (-Securities, (subject to paragraph 1(c). other than equities and Net Paying Securities) against the payment of the purchase price by Buyer to Seller, with simultaneous agreement by Buyer to sell to Seller Securities equivalent to such
Entities connected to both Transactions involving Net Paying Securities and Net Paying Securities

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LOCATIONThe Bond Market Association
ORGANIZATIONSeller Securities
ORGANIZATIONTBMAASMA
ORGANIZATIONInternational Securities Market Association
ORGANIZATION
Deutsche Bank
ORGANIZATION
Ghislaine Maxwell
PERSON
Condoleezza Rice
PERSONSOUTHERN FliANCIAL LI.0
ORGANIZATION