addle, Buyer must specify in the notice whether it is exercising the Swaption in respect of the Underh. ing Payer Swap or the Swaption in respect of the Underlying Receiver Swap. Unless the parties specify otherwise in the related Confirmation, Buyer will execute and deliver to Seller or, if designated in the relevant Confi

relates arc as follows: Specific Terms for the Underlying Payer Swap: Fixed Rate Payer: Buyer. Floating Rate Payer: Seller. Specific Terms for the Underlying Receiver Swap: Fixed Rate Payer: Seller. Floating Rate Payer: Buyer. General Terms for both the Underlying Payer Swap and the Underlying Receiver Swap: [Incl