Epstein Secrets

ference Value: 83.07, which is 78.75% of the Initial Commodity Value. - Commodity Performance: The quotient of (i) the Final Commodity Value minus the Initial Commodity Value divided by (ii) the Initial Commodity Value. expressed as a percentage, as determined by the Calculation Agent. - Initial Commodity Value: 105.49.

nce Commodity on the Pricing Date, as determined by the Calculation Agent. - Anal Commodity Value: The arithmetic average of the Closing Values of the Reference Commodity on each of the rue Final Averaging Dates, as determined by the Calculation Agent. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL S

odity, WTI Crude. The Commodity Performance reflects the averaged performance of the settlement price of WTI Crude, expressed as a percentage, from the Initial Commodity Value to the Final Commodity Value (which reflects the arithmetic average of the Closing Values of the Reference Commodity on each of the five Final Aver

not pay any interest. Subject to the Issuer's and the Guarantor's credit risk (ability to pay), payment at maturity is linked to the performance of the Reference Commodity indicated on the cover page of this Pricing Supplement. The Notes are non-principal protected; therefore, your principal is at risk and you could lo

■ You do not believe the Reference Commodity will appreciate, on an averaged basis, over the Final Averaging Dates, as compared to the Initial Commodity Value. ■ You anticipate that on the Final Valuation Date, the Final Commodity Value (being equal to the arithmetic average of the Closing Values of the

■ You do not believe the Reference Commodity will appreciate, on an averaged basis, over the Final Averaging Dates, as compared to the Initial Commodity Value. ■ You anticipate that on the Fi