EFTA00590621.pdf

/7400/ZW[iLD/04 IGHtlyise i74/ III faun: °retired-az MUSH HU PH46 Will Deutsche Bank AG, London Branch 13 August, 2014 Currency n Transaction Our ref. Reporting lurisdiction(s): ESMA Our UT I: 10302106780112030300000000000300834462396P Your UTI PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC Deutsche Bank AG. Lawton Branch 1 SOUTH STREET Flt Dams Demotions BALTIMORE 21202.MARYLAND.UNITED STATES Winchester House 1 Great Winchester Street Lando, EC2in 208 +1 4435414739 THOC 94015555 Sent DEUT G82L Dent Lne •44 207 541 1709 Dear Sus Dean Fox '44 107 545 833810368 The purpose of this letter agreement is to confirm the terns and condeons of the Currency Option entered it between us Deutsche Bank AG, London Branch (Perry A.) and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC (Party Bs) on the Trade Date referred to below (the Transaction"). The definitions and provisions contained in the 1998 FX and Currency Option Defintions (the 'EX Definitions") as puotished by the International Swaps and Derivatives Assccietion. Inc. the Emerging Markets Traders Association and Tho Foreign Exchange Committee we Incorporated into this Confirmation. In the event of any inconsistency beMeen the FX Deletions and this Confanation, this Conlin:neon Nil petal. If you and we are parties to either an IWA Interest Rate and Currency Exchange Agreement (for vetch purposes this Transaction shal constitute a 'Swap Transactor") or an ISDA Master Agreement (n each case an "Agreement-) then this Confirmation supplements, form part of and is subject to such Agreement If you and we are not yet parties to an Agreement then this Confirmation evidences a complete and binding agreement between Party A and Party B as to the tans of the Transaction to which Ids Confirmation relates. In adribon Parry A and Party B agree to use al reasonable efforts pro•rptly to negotiate, execute and deliver an agreement in the form d the ISDA Master Agreement (Multicurrency - Cross Border) (the 'ISDA Forme) with such modifications as you and ve lel in good faith agree. Upon execution by Party A and Party Bet such an agreement this Confirmation wit supplement, form part of, end be subject to that agreement Ati previsions co faired or incorporated by reference in that agreement upon its execution will govern the Confirmation. Until we execute and deliver that agreement this Confirmation, together with al other documents referring to the ISDA Form (each a "Confirmation confirming transactions (each a `Transaction" entered into between is (noMithstanding anything to the contrary in a Codurration) shall supplement, form a part of, and be subject to an agreement in the form of the ISDA Form as if we had executed an agreement on the Trade Date of the first such Transaction between us and such form with the schedule thereto (0 specifying only flat (a) the governing law is English law and (b) the Termination Currency s U.S. Dollars, (i) incorporating the add ton to the definron of the Indemnified. Tat contained in (page 48 of) the ISDA "Users Guide to the 1992 ISDA Master Agreements' and (ii) incorporating any other modhcaborts to the ISDA Form specified below. The tans of the Transaction to which this Confirmation relates are as follows: Deutsche Bank AG is authcrised under German Banking Law acmpetent authonly. Bern • Federal Financial Supervising Aulhaity) and ;twit:ledby tie Friends' Services Authonty for the contlacl of UK Worms. a member the tendon Stock Excises° Deutsche Bank AG is joint strict corporaficnwilh treed 7iabtiy incorpasted in the Federal Republic of Germany HISS No 30 000 DisifiCtOMPH or Franefun an main: Branch Regestration n England end iA'ans BROOMS: Registered edemas Vanchesler House. 1Greet Winchester Sreet London EC2N 2DB (10107) Deutsche Bank Group EFTA00590621 /7400/L7/C/C3/02 i aniu i I/47 Obi :nun; tams:aunt, OMPIN HU ULIC 1. General Terms: Trade Date 12 -. rjus: 2014 Buyer. Party tf. Party A Currency Option Style: Euro:tear Currency Option -ype. USD Pur.NY Call Put Currency and Put Currency Amount USD 75 W0.00000 Call Currency and Call Currency Amount CNY 46Z.003 CU) 00 Expiation Date: 12 L.egusr 2015 Expiration Time: 1500 hours (Local fin Tokyo) Set1SemeM Date: 14 August 2015 Strike Price: CNY C. 16000 per USD 1CO Premium USD 273 000 CO Premium payable by: Party B Premium Payment Date: 14 August 2014 Prerriirn Payment InNrucbons: Deutsche Bank Trust Co Americas, Newyork Sit Code: BKTRUS33XXX Acc- No. 04-411.739 021001033 ABA 0103 CHIPS ID 096804 Business Days: New York Being and Hong Kong Additional Disruption Event Provisions for Appicable an Offshore Deliverable CNY Transaction and ISOA Offshore Detestable CNY Transaction Disruption Fallback Matrix 2. Representations: Each party represents to the other party as of the date that it enters into Mis Transaction that (absent a written agreement between the parties that expressly imposes affwmatrve obligations to the contrary for this Transaction): (j) Non-Reliance It is acting for its owi account, and it has made its am independent decisions to enter into this Transaction and as to wrother the Transaction Is appropnate or proper for R based upon its own judgement and upon advice from such advisers as it has deemed necessary. It Is not remora on any communication (wieen or oral) of the other party as invesbnent advice or as a reoornmendaton to enter into this Transaction, it being understood that information and explanations related to the terms and conditions of ttis Transaction shall not be considered to be investment advice or a recornmendabon to enter into the Transaction No communicabon (witten or a4 received from the other party shall be deemed to be an assurance or guarantee as to the expected results of this Transaction. 00 Assessment and Understanding. It is capable of assessing the merits of and understanding (mitami, behalf or through independert professional advice), and understands and accepts the terms and condtons and risks of this Transaction. It S also capable of assuring, and assumes, the risks of the Transaction. (di) Status of Parties. The other party is not acting as a fiduciary for or adviser to it in respect of this Transaction. Please confirm that the foregoing correctly sets forth the terms of our agreement by executing the copy of this Conimation enclosed for that purpose and returning it to us or by sending to us a letter or facsimile substantially similar to this letter, which letter or facsimile sets bah the.material terms of the Transaction to Wsch this Confirmation relates and indicates your agreement Con a Cen: PRIVA =ALEX BROWN AC SOUTHERN FINANCIAL LW BY By Warne: 7...nnty er5 ea Name: Authorised Signabrf Atithoresed Signatory For any query relating to this Confrmation, please contact us on 001 201493-3700 If you agree with the deans of this confirmation, please sign and return to fax number 001 201-5934671 This Is a computes generated confirmation and does not require a Deutsche Bank AG authorised signature. Deutsche Ears Ac is aulhcased under Garman Banking Law (ccnhateN authority. BeFin - Federal Furanami Supervising Mulony) and regililted by the Francis Services Aothcrity for the conduct of UK business. a member the London Stack Excneręc Deutsche Bank PG ts a Ism Sr corporafen ugh *Wed liobay Incorporated in the Federal Regulars of Germany KRO No 30000 oranci Coat d Frankfurt ern Main. frock Re4srrat on a England and Weas BROOMS: Registered address Winchester w...b., 1 Greet Winchester Steel. London ECU 208. (10107) Deutsche Bank Group core hIlphters deutsche-bank can EFTA00590622