SDA Defmitions except to the extent that the following terms are inconsistent with those elections.] [In the case ofa Swaption not forming part ofa Swaption Straddle. include:) [The Swap Transaction to which this Confirmation relates is a Swaption, the terms of which are as follows:I (In the case ofa S'waption

Straddle. include:] [The Swap Transaction to which this Confirmation relates is a Swaption Straddle. The terms of each Swaption that comprises this Swaption Straddle arc as follows:] I. Swaption Terms: Trade Date: Option Style: [American/Bermuda/European] Seller [Party AM] Buyer: [Party B/A] Premium: Pr

ARTICLE 11 OPTION TRANSACTION; SWAPTION; SWAPTION STRADDLE SECTION 11.1. Option Transaction 88 SECTION 11.2. Swaption 88 SECTION 11.3. Swaption Straddle 89 ARTICLE 12 CERTAIN DEFINITIONS AND PROVISIONS RELATING TO OPTION TRANSACTIONS SECTION 12.1. Parties 89 SECTION 12.2. Option Style 9

Section 11.3. Swaption Straddle. "Swaption Straddle" means a Swap Transaction that is identified in the related Confirmation or Confirmations as a Swaption Straddle or Straddle and

wap Transaction in respect of which Buyer is the Fixed Rate Payer. (c) Underlying Receiver Swap. "Underlying Receiver Swap" means, in respect of a Swaption Straddle, a Swap Transaction in respect of which Buyer is the Floating Rate Payer. ARTICLE 15 PHYSICAL SETTLEMENT OF SWAPTIONS Section 15.1. Physical Settl

faith and in a commercially reasonable manner. Section 13.10. Exercise of Swaption Straddles. (a) European style. In the case of a European style Swaption Straddle, on the Expiration Date Buyer may exercise either the Swaption in respect of the Underlying Payer Swap or the Swaption in respect of the Underlying

[Quotation Rate:) [bid/mid/ask)" [In the case ofa Swaption not forming pan ofa Swaption Straddle, include:] [4. The particular terms of the Underlying Swap Transaction to which the Swaption relates are as follows: [Include provisions from the