EFTA01353662.pdf

"Net Open Position" means an amount expressed in the Base Currency deriving from the likely changes in the replacement value of all outstanding FX Transactions and Currency Option Transactions determined by Party A using its normal methodology in place from time to time. (U) "Tier I Ceiling Limit" means USD 40,000,000. (V) "Tier I Close-Out Ratio" means a number expressed as a percentage representing the quotient of (A) the portion of the Net Collateral Value attributable to all IX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV Currencies, divided by (B) the Tier I Net Open Position, such number being determined and notified by Party A to Party B from time to time, and initially being three percent (3%). Ow) "Tier I Independent Amount Ratio" means a number expressed as a percentage representing the minimum proportion of (1) the Net Collateral Value attributable to all FX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV Currencies to (2) the Tier I Net Open Position, which Party B must maintain in respect of outstanding FX Transactions and Currency Option Transactions not involving Tier II, Tier 11I and Tier IV Currencies, such number being determined and notified by Party A to Party B from time to time, and initially being seven percent (7%). (X) "Tier I Net Open Position" means, at any given time, the amount obtained by calculating the Net Open Position as it applies to all FX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV currencies. (Y) "Tier I Currencies" means AUD, CAD, CHE, DKK, EUR, GBP, JPY, NOK, NZD, SEK, SGD, USD. (Z) "Tier II Currencies" means AED, OLP, CNY, CZK, IIKD, INR, MXN, QAR, RUB, SAR, THB, TWD. (AA) "Tier III Currencies" means BRL, HUF, IDR, ILS, KRW, MYR, PH?, PLN, RON, TRY, ZAR. (BB) "Tier IV Currencies" means ARS, COP, EGP, KZT, LJAIL (ii) Definitions. Any terms used in this Credit Support Annex which are not otherwise defined herein and which are defined in the 1998 FX and Currency Option Definitions (the "FX Definitions") (published by the International Swaps and Derivatives Association, Inc., the Emerging Markets Traders Association, and the Foreign Exchange Committee) shall have the meaning set forth in the EX Definitions (without regard to any amendments thereto subsequent to the date hereof). Nothing in this Annex shall affect the parties' agreement that this Agreement and all Credit Support Annexes hereto (including this Annex) and all Transactions and related Confirmations hereunder are entered into in reliance on the fact that this Agreement, all Credit Support Annexes and all Transactions and Confirmations form a single agreement between the parties, the Posted Credit Support under all Credit Support Annexes constitutes a pledge with respect to and shall secure all Transactions and all Obligations, and the parties would not otherwise enter into any Transactions. 18 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0038125 CONFIDENTIAL SDNY_GM_00184309 EFTA01353662