ment 115 D. Self-Compounding Overnight Interest Rate Swap Transaction 117 E. Swaption or Swaption Straddle 119 F. Swap Transaction to which Optional Early Termination applies 123 G. Swap Transaction to which Mandatory Early Termination applies 127 H. Mark-to-market Currency Swap 129 EXHIBIT III Defmitions

ON STRADDLE Section 11.1. Option Transaction. "Option Transaction" means (a) a Swap Transaction that is a Swaption, (b) a Swap Transaction to which Optional Early Termination is specified to be applicable and (e) any other transaction identified as an Option Transaction in the related Confirmation. Section 11.2. Swaption

l Settlement is applicable, the right to cause the Underlying Swap Transaction to become effective; (ii) in respect of a Swap Transaction to which Optional Early Termination is applicable, (A) the party specified as such or as writer in the related Confirmation or (B) if neither party is specified as such or as writer i

Seller is out-of-the-money, in the lower absolute value of the Cash Settlement Amount; provided that, if, in respect of a Swap Transaction to which Optional Early Termination is specified to be applicable, an Event of Default or Potential Event of Default under the ISDA Master Agreement (other than a Potential Event of D

may be a -bid", "ask" or "mid" rate; or (ii) if "Exercising Party Pays" is specified in the related Confirmation for a Swap Transaction to which Optional Early Termination is applicable, the rate, which may be a -bid" or "ask" rate, which would result, if Seller is in-the-money, in the higher absolute value of the Cash

otherwise, the Cash Settlement Valuation Date will be: in respect of a Swaption, the Exercise Date; (ii) in respect of a Swap Transaction to which Optional Early Termination or Mandatory Early Termination is specified to be applicable, if the currency in which the single Notional Amount is expressed and, if relevant, th