<SEC-DOCUMENT>0001839882-25-067830.txt : 20251126
<SEC-HEADER>0001839882-25-067830.hdr.sgml : 20251126
<ACCEPTANCE-DATETIME>20251126125924
ACCESSION NUMBER:		0001839882-25-067830
CONFORMED SUBMISSION TYPE:	424B2
PUBLIC DOCUMENT COUNT:		13
FILED AS OF DATE:		20251126
DATE AS OF CHANGE:		20251126

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MORGAN STANLEY
		CENTRAL INDEX KEY:			0000895421
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		ORGANIZATION NAME:           	02 Finance
		EIN:				363145972
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-275587
		FILM NUMBER:		251527413

	BUSINESS ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		212-761-4000

	MAIL ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MORGAN STANLEY DEAN WITTER & CO
		DATE OF NAME CHANGE:	19980326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DEAN WITTER DISCOVER & CO
		DATE OF NAME CHANGE:	19960315

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Morgan Stanley Finance LLC
		CENTRAL INDEX KEY:			0001666268
		STANDARD INDUSTRIAL CLASSIFICATION:	ASSET-BACKED SECURITIES [6189]
		ORGANIZATION NAME:           	Office of Structured Finance
		EIN:				363145972
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B2
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-275587-01
		FILM NUMBER:		251527414

	BUSINESS ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
		BUSINESS PHONE:		(212) 761-4000

	MAIL ADDRESS:	
		STREET 1:		1585 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B2
<SEQUENCE>1
<FILENAME>ms12286_424b2-39804.htm
<DESCRIPTION>PRICING SUPPLEMENT NO. 12,286
<TEXT>
<HTML>
    <HEAD>
        <TITLE></TITLE>
<!-- QES 7h3d0c70r 1764179466.4357224 -->
    </HEAD>
    <BODY style="text-decoration-skip-ink: none; ">
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 594.00pt; padding: 19.80pt 39.60pt 0 39.60pt; min-height: 10.00pt; position: relative; ">
                <TABLE width="100.00%" style="margin-left: auto; width: 100.00%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="234.08pt" style="width: 234.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="316.64pt" style="width: 316.64pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 31.07pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 6.33pt; padding-right: 6.33pt; padding-bottom: 0.0pt; ">
                            <P style="line-height: 9.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Pricing Supplement No. 12,286</font><BR><font style='white-space: pre-wrap;'>Registration Statement Nos. 333-275587, 333-275587-01</font><BR><font style='white-space: pre-wrap;'>Dated November 25, 2025</font><BR><font style='white-space: pre-wrap;'>Filed Pursuant to Rule 424(b)(2)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 6.33pt; padding-right: 6.33pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 594.00pt; padding: 10pt 39.60pt 10pt 39.60pt; position: relative; margin-bottom: 20pt; ">
                <P style="line-height: 12.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Times New Roman, Times, serif; font-weight: normal; font-size: 12.0pt; "><font style='white-space: pre-wrap;'>Morgan</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: normal; font-size: 8.0pt; "></FONT><FONT style="font-family: Times New Roman, Times, serif; font-weight: normal; font-size: 12.0pt; "><font style='white-space: pre-wrap;'> Stanley Finance LLC $14,940,850 Trigger Autocallable Notes Linked to the Russell 2000</font></FONT><FONT style="font-family: Times New Roman, Times, serif; font-weight: normal; font-size: 10pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Times New Roman, Times, serif; font-weight: normal; font-size: 12.0pt; "><font style='white-space: pre-wrap;'> Index due November 29, 2030</font></FONT></P>
                <P style="line-height: 12.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Fully and Unconditionally Guaranteed by Morgan Stanley</font></FONT></P>
                <P style="line-height: 12.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: normal; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Principal at Risk Securities </font></FONT></P>
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="554.40pt" style="width: 554.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #FFFFFF; font-size: 9.0pt; "><font style='white-space: pre-wrap;'>Investment Description</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>These Trigger Autocallable Notes (the &#8220;Securities&#8221;) are unsecured and unsubordinated debt obligations of Morgan Stanley Finance LLC (&#8220;MSFL&#8221;) and are fully and unconditionally guaranteed by Morgan Stanley.  The Securities provide returns based on the performance of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 5pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Index (the &#8220;Underlying&#8221;).  Beginning after one year, if the closing level of the Underlying on any quarterly Observation Date beginning November 30, 2026 (including the Final Observation Date) is equal to or greater than the Initial Level, MSFL will automatically call the Securities and pay the principal amount of the Securities </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>plus</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> a Call Return that will vary depending on the Observation Date and will reflect a fixed Call Return Rate on a per-annum basis.  If the Securities are not automatically called and the Final Level is less than the Initial Level but greater than or equal to the Downside Threshold, MSFL will pay you the principal amount at maturity.  However, if the Final Level is less than the Downside Threshold, MSFL will pay you significantly less than the full principal amount, if anything, at maturity, resulting in a loss on your principal amount that is proportionate to the full decline in the level of the Underlying from the Trade Date to the Final Observation Date.  Investors will not participate in any appreciation of the Underlying. These long-dated Securities may be appropriate for investors who are willing to risk their entire principal at maturity and are willing to forgo current income in exchange for the possibility of receiving the Call Return prior to or at maturity, if the closing level of the Underlying is at or above the Initial Level as of one of the quarterly Observation Dates (beginning after one year), and, if the Securities have not been called, in exchange for a contingent repayment of principal, but only if the Final Level has not declined below the Downside Threshold.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Investing in the Securities involves significant risks.  You may lose a significant portion or all of your principal amount.  Generally, the higher the Call Return Rate for the Securities, the greater the risk of loss on those Securities.  The Downside Threshold is observed only on the Final Observation Date and the contingent downside market exposure applies at maturity; if you are able to sell the Securities prior to maturity, you may receive substantially less than the principal amount even if the level of the Underlying is greater than the Downside Threshold at the time of sale.</font></FONT></P>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>All payments are subject to our credit risk.  If we default on our obligations, you could lose some or all of your investment.  These Securities are not secured obligations and you will not have any security interest in, or otherwise have any access to, any underlying reference asset or assets.</font></FONT></P>
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: auto; width: 100.00%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="315.04pt" style="width: 315.04pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="11.11pt" style="width: 11.11pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="228.25pt" style="width: 228.25pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #FFFFFF; font-size: 9.0pt; "><font style='white-space: pre-wrap;'>Features</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #FFFFFF; font-size: 9.0pt; "><font style='white-space: pre-wrap;'>Key Dates</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>

                <TABLE width="99.34%" style="margin-left: 0.0pt; width: 99.34%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="340.84pt" style="width: 340.84pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="12.21pt" style="width: 12.21pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="249.87pt" style="width: 249.87pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#10065;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-weight: bold; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Automatically</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Callable:</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Beginning after one year, MSFL will automatically call the Securities and pay you the principal amount plus a Call Return if the Observation Date Closing Level on any quarterly Observation Date beginning November 30, 2026 (including the Final Observation Date) is equal to or greater than the Initial Level, and no further payments will be made on the Securities.  The Call Return will vary depending on the Observation Date and will reflect a fixed Call Return Rate on a per-annum basis.  If the Securities are not called, investors will have the potential for downside equity market risk at maturity.</font></FONT></FONT></P>
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#10065;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-weight: bold; font-size: 7.5pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Contingent</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Downside Market Exposure:</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> If the Securities have not been called and the Final Level is less than the Initial Level but equal to or greater than the Downside Threshold, MSFL will pay you the principal amount per Security at maturity.  However, if the Final Level is less than the Downside Threshold, MSFL will repay significantly less than the principal amount, if anything, at maturity, resulting in a loss on your principal amount that is proportionate to the full decline in the level of the Underlying from the Trade Date to the Final Observation Date.  The Downside Threshold is observed only on the Final Observation Date and the contingent downside market exposure applies at maturity; if you are able to sell the Securities prior to maturity, you may receive substantially less than the principal amount even if the level of the Underlying is greater than the Downside Threshold at the time of sale.  Any payment on the Securities is subject to our creditworthiness.</font></FONT></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 8.0pt; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <DIV width="241.12pt" style="margin-left: -5.94pt; width: 241.12pt; table-layout: fixed; border-collapse: collapse; display: table; ">
                                <DIV style="display: table-row; ">
                                    <DIV width="120.56pt" style="width: 120.56pt; border: 0; margin: 0; padding: 0; height: 0; display: table-cell; ">
                                    </DIV>
                                    <DIV width="120.56pt" style="width: 120.56pt; border: 0; margin: 0; padding: 0; height: 0; display: table-cell; ">
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Trade Date</font></FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 25, 2025</font></FONT></P>
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Settlement Date</font></FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 28, 2025</font></FONT></P>
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Dates</font></FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>  Quarterly, beginning November 30, 2026</font></FONT></P>
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>See &#8220;Call Returns and Observation Dates&#8221; on page 6 for details.</font></FONT></P>
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date*</font></FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 25, 2030</font></FONT></P>
                                    </DIV>
                                </DIV>
                                <DIV style="vertical-align: top; display: table-row; ">
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Maturity Date*</font></FONT></P>
                                    </DIV>
                                    <DIV style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; display: table-cell; ">
                                        <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 29, 2030</font></FONT></P>
                                    </DIV>
                                </DIV>
                            </DIV>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; text-indent: -14.25pt; padding-left: 14.25pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>*</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; width: 9.08pt; display: inline-block; ">&nbsp;</FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Subject to postponement in the event of a market disruption event or for non-index business days. See &#8220;Postponement of Determination Dates&#8221; in the accompanying product supplement.</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 2.2pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>NOTICE TO INVESTORS: THE SECURITIES ARE SIGNIFICANTLY RISKIER THAN CONVENTIONAL DEBT INSTRUMENTS. THE SECURITIES DO NOT GUARANTEE THE REPAYMENT OF THE FULL PRINCIPAL AMOUNT AT MATURITY, AND THE SECURITIES CAN HAVE DOWNSIDE MARKET RISK SIMILAR TO THE UNDERLYING. THIS MARKET RISK IS IN ADDITION TO THE CREDIT RISK INHERENT IN PURCHASING OUR DEBT OBLIGATIONS. YOU SHOULD NOT PURCHASE THE SECURITIES IF YOU DO NOT UNDERSTAND OR ARE NOT COMFORTABLE WITH THE SIGNIFICANT RISKS INVOLVED IN INVESTING IN THE SECURITIES. THE SECURITIES WILL NOT BE LISTED ON ANY SECURITIES EXCHANGE.</font></FONT></P>
                <P style="margin-top: 1.1pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>YOU SHOULD CAREFULLY CONSIDER THE RISKS DESCRIBED UNDER &#8220;KEY RISKS&#8221; BEGINNING ON PAGE 8 OF THIS PRICING SUPPLEMENT IN CONNECTION WITH YOUR PURCHASE OF THE SECURITIES. EVENTS RELATING TO ANY OF THOSE RISKS, OR OTHER RISKS AND UNCERTAINTIES, COULD ADVERSELY AFFECT THE MARKET VALUE OF, AND THE RETURN ON, YOUR SECURITIES. YOU MAY LOSE A SIGNIFICANT PORTION OR ALL OF YOUR PRINCIPAL AMOUNT.</font></FONT></P>
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: -6.33pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="611.60pt" style="width: 611.60pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 6.33pt; padding-right: 6.33pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Security Offering</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>We are offering the Trigger Autocallable Notes linked to the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 5pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Index. The Securities are offered at a minimum investment of $1,000 in denominations of $10 and integral multiples thereof.  </font></FONT></P>
                <TABLE width="100.00%" style="margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD style="width: 22.24%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 17.05%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 16.17%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 20.98%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 12.74%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 12.74%; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Underlying</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Call Return Rate*</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 0.00pt; padding-right: 0.00pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Initial Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Downside Threshold</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>CUSIP</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 0.0pt; line-height: 8.5pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; font-weight: bold; "><font style='white-space: pre-wrap;'>ISIN</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 5pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'> Index</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>8.90% </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>per annum</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>2,465.979</font></FONT></P>
                        </TD>
                        <TD  style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>1,849.484, which is approximately 75% of the Initial Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>61778W416</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 1.59pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>US61778W4160</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>* If the Securities are called, the Call Price will be a fixed amount based on the Call Return with respect to each Observation Date. See &#8220;Call Returns and Observation Dates&#8221; on page 6.  </font></FONT></P>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>See &#8220;Additional Information about Morgan Stanley, MSFL and the Securities&#8221; on page 2. The Securities will have the terms set forth in the accompanying prospectus and product supplement and this pricing supplement.</font></FONT></P>
                <P style="margin-top: 0.0pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these Securities or passed upon the adequacy or accuracy of this pricing supplement or the accompanying product supplement or prospectus. Any representation to the contrary is a criminal offense. The Securities are not deposits or savings accounts and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency or instrumentality, nor are they obligations of, or guaranteed by, a bank.</font></FONT></P>
                <TABLE width="610.83pt" style="margin-left: auto; width: 610.83pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="109.89pt" style="width: 109.89pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="163.35pt" style="width: 163.35pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="173.25pt" style="width: 173.25pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="164.34pt" style="width: 164.34pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 2.92pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Estimated value on the Trade Date</font></FONT></P>
                        </TD>
                        <TD colspan="3" style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$9.651 per Security.  See &#8220;Additional Information about Morgan Stanley, MSFL and the Securities&#8221; on page 2.</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 2.92pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Price to Public</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Underwriting Discount</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 5pt; vertical-align: super; "><font style='white-space: pre-wrap;'>(1)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Proceeds to Us</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 5pt; vertical-align: super; "><font style='white-space: pre-wrap;'>(2)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 2.92pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Per Security</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$10</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$0.25</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$9.75</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 2.92pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: middle; ">
                            <P style="line-height: 8.5pt; text-indent: 0.0pt; padding-left: 0.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>Total</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$14,940,850</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$373,521.25</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 8.5pt; text-indent: -10.29pt; padding-left: 10.29pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>$14,567,328.75</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0.0pt; line-height: 7.0pt; margin-bottom: 0; margin-left: 24.75pt; text-indent: -24.75pt; "><!--[if IE]<FONT style="display: inline-block; width: 24.75pt; text-indent: -24.75pt; "><![endif]--><FONT style="display: inline-block; width: 24.75pt; text-indent: 0; text-align: left; font-family: Arial, sans-serif; font-size: 7.5pt; ">(1)</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>UBS Financial Services Inc., acting as dealer, will receive from Morgan Stanley &amp; Co. LLC, the agent, a fixed sales commission of $0.25 for each Security it sells.  For more information, please see &#8220;Supplemental Plan of Distribution; Conflicts of Interest&#8221; beginning on page 21 of this pricing supplement.</font></FONT></FONT></P>
                <P style="margin-top: 0.0pt; line-height: 7.0pt; margin-bottom: 0; margin-left: 24.75pt; text-indent: -24.75pt; "><!--[if IE]<FONT style="display: inline-block; width: 24.75pt; text-indent: -24.75pt; "><![endif]--><FONT style="display: inline-block; width: 24.75pt; text-indent: 0; text-align: left; font-family: Arial, sans-serif; font-size: 7.5pt; ">(2)</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>See &#8220;Use of Proceeds and Hedging&#8221; on page 21.</font></FONT></FONT></P>
                <P style="margin-top: 0.0pt; line-height: 7.0pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>The agent for this offering, Morgan Stanley &amp; Co. LLC (&#8220;MS &amp; Co.&#8221;), is our affiliate and a wholly owned subsidiary of Morgan Stanley.  See &#8220;Supplemental Plan of Distribution; Conflicts of Interest&#8221; beginning on page 21 of this pricing supplement.</font></FONT></P>
                <TABLE width="599.94pt" style="margin-left: -5.94pt; width: 599.94pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="288.09pt" style="width: 288.09pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="311.85pt" style="width: 311.85pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 0.0pt; line-height: 1.2; margin-bottom: 0; "><FONT style="font-size: 10.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Morgan Stanley </font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 0.0pt; line-height: 1.2; text-align: right; margin-bottom: 0; "><FONT style="font-size: 10.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>UBS Financial Services Inc.</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 594.00pt; padding: 0 39.60pt 10.00pt 39.60pt; min-height: 15.84pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>1</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 23.76pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="554.40pt" style="width: 554.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Additional </font></FONT><FONT style="font-weight: normal; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Information about Morgan Stanley, MSFL and the Securities</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Morgan Stanley and MSFL have filed a registration statement (including a prospectus, as supplemented by a product supplement and an index supplement) with the SEC for the offering to which this communication relates. In connection with your investment, you should read the prospectus in that registration statement, the product supplement, the index supplement and any other documents relating to this offering that Morgan Stanley and MSFL have filed with the SEC for more complete information about Morgan Stanley, MSFL and this offering. When you read the accompanying product supplement and index supplement, please note that all references in such supplements to the prospectus dated November 16, 2023, or to any sections therein, should refer instead to the accompanying prospectus dated April 12, 2024 or to the corresponding sections of such prospectus, as applicable. You may get these documents for free by visiting EDGAR on the SEC website at</font></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>www.sec.gov. Alternatively, Morgan Stanley, MSFL, any underwriter or any dealer participating in this offering will arrange to send you the prospectus, the index supplement and the product supplement if you so request by calling toll-free 1-(800)-584-6837.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You may access the accompanying product supplement, index supplement and prospectus on the SEC website at</font></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>www.sec.gov as follows:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Product supplement for auto-callable securities dated November 16, 2023:</font></FONT><FONT style="font-family: Arial, sans-serif; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><BR></U></FONT><A href="https://www.sec.gov/Archives/edgar/data/895421/000095010323016333/dp202676_424b2-epsacallsec.htm" style="word-break: break-all; "><FONT style="font-family: Arial, sans-serif; color: black; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'>https://www.sec.gov/Archives/edgar/data/895421/000095010323016333/dp202676_424b2-epsacallsec.htm</font></U></FONT></A><FONT style="font-family: Arial, sans-serif; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'> </font></U></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Index supplement dated November 16, 2023:</font><BR></FONT><A href="https://www.sec.gov/Archives/edgar/data/895421/000095010323016332/dp202718_424b2-isn2023.htm" style="word-break: break-all; "><FONT style="font-family: Arial, sans-serif; color: black; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'>https://www.sec.gov/Archives/edgar/data/895421/000095010323016332/dp202718_424b2-isn2023.htm</font></U></FONT></A><FONT style="font-family: Arial, sans-serif; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'> </font></U></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Prospectus dated April 12, 2024:</font></FONT><FONT style="font-family: Arial, sans-serif; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><BR></U></FONT><A href="https://www.sec.gov/Archives/edgar/data/895421/000095010324005205/dp209505_424b2-base.htm" style="word-break: break-all; "><FONT style="font-family: Arial, sans-serif; color: black; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'>https://www.sec.gov/Archives/edgar/data/895421/000095010324005205/dp209505_424b2-base.htm</font></U></FONT></A><FONT style="font-family: Arial, sans-serif; text-decoration-style: solid; text-decoration-line: underline; font-size: 8.0pt; "><U><font style='white-space: pre-wrap;'> </font></U></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>References to &#8220;MSFL&#8221; refer only to MSFL, references to &#8220;Morgan Stanley&#8221; refer only to Morgan Stanley and references to &#8220;we,&#8221; &#8220;our&#8221; and &#8220;us&#8221; refer to MSFL and Morgan Stanley collectively. In this document, the &#8220;Securities&#8221; refers to the Trigger Autocallable Notes that are offered hereby. Also, references to the accompanying &#8220;prospectus,&#8221; &#8220;index supplement&#8221; and &#8220;product supplement&#8221; mean the prospectus filed by MSFL and Morgan Stanley dated April 12, 2024, the index supplement filed by MSFL and Morgan Stanley dated November 16, 2023 and the product supplement for auto-callable securities filed by MSFL and Morgan Stanley dated November 16, 2023, respectively.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You should rely only on the information incorporated by reference or provided in this pricing supplement or the accompanying product supplement, index supplement and prospectus. We have not authorized anyone to provide you with different information. We are not making an offer of these Securities in any state where the offer is not permitted. You should not assume that the information in this pricing supplement or the accompanying product supplement, index supplement and prospectus is accurate as of any date other than the date on the front of this document.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Issue Price of each Security is $10.  This price includes costs associated with issuing, selling, structuring and hedging the Securities, which are borne by you, and, consequently, the estimated value of the Securities on the Trade Date is less than $10.  We estimate that the value of each Security on the Trade Date is $9.651.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>What goes into the estimated value on the Trade Date?</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In valuing the Securities on the Trade Date, we take into account that the Securities comprise both a debt component and a performance-based component linked to the Underlying.  The estimated value of the Securities is determined using our own pricing and valuation models, market inputs and assumptions relating to the Underlying, instruments based on the Underlying, volatility and other factors including current and expected interest rates, as well as an interest rate related to our secondary market credit spread, which is the implied interest rate at which our conventional fixed rate debt trades in the secondary market.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>What determines the economic terms of the Securities?</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In determining the economic terms of the Securities, including the Call Return Rate and the Downside Threshold, we use an internal funding rate, which is likely to be lower than our secondary market credit spreads and therefore advantageous to us.  If the issuing, selling, structuring and hedging costs borne by you were lower or if the internal funding rate were higher, one or more of the economic terms of the Securities would be more favorable to you.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>What is the relationship between the estimated value on the Trade Date and the secondary market price of the Securities?</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The price at which MS &amp; Co. purchases the Securities in the secondary market, absent changes in market conditions, including those related to the Underlying, may vary from, and be lower than, the estimated value on the Trade Date, because the secondary market price takes into account our secondary market credit spread as well as the bid-offer spread that MS &amp; Co. would charge in a secondary market transaction of this type and other factors.  However, because the costs associated with issuing, selling, structuring and hedging the Securities are not fully deducted upon issuance, for a period of up to 9 months following the Settlement Date, to the extent that MS &amp; Co. may buy or sell the Securities in the secondary market, absent changes in market conditions, including those related to the Underlying, and to our secondary market credit spreads, it would do so based on values higher than the estimated value.  We expect that those higher values will also be reflected in your brokerage account statements.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>MS &amp; Co. currently intends, but is not obligated, to make a market in the Securities, and, if it once chooses to make a market, may cease doing so at any time.</font></FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 23.76pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>2</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 23.76pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="100.00%" style=" margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="277.20pt" style="width: 277.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="277.20pt" style="width: 277.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2" style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-weight: normal; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Investor Suitability</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities may be suitable for you if:</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities may not be suitable for you if:</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 337.87pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You fully understand the risks inherent in an investment in the Securities, including the risk of loss of your entire initial investment in the Securities.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You can tolerate a loss of all or a substantial portion of your investment and are willing to make an investment that may have the same downside market risk as the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>You understand and accept the risks associated with the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You believe the Underlying will close at or above the Initial Level on one of the Observation Dates (beginning after one year) or will close at or above the Downside Threshold on the Final Observation Date.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You understand and accept that you will not participate in any appreciation in the level of the Underlying and that your potential return is limited to the applicable Call Return.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You can tolerate fluctuations in the price of the Securities prior to maturity that may be similar to or exceed the downside fluctuations of the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are willing to invest in the Securities based on the Downside Threshold specified on the cover hereof.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are willing to invest in the Securities based on the Call Return Rate specified on the cover hereof.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You do not seek current income from this investment and are willing to forgo dividends paid on the constituent stocks of the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are willing to invest in securities that may be called early and you are otherwise willing to hold such securities to maturity, as set forth on the cover page of this pricing supplement.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You accept that there may be little or no secondary market for the Securities and that any secondary market will depend in large part on the price, if any, at which MS &amp; Co. is willing to trade the Securities.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are willing to assume our credit risk for all payments under the Securities, and understand that we default on our obligations you may not receive any amounts due to you and could lose your entire investment.</font></FONT></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You do not fully understand the risks inherent in an investment in the Securities, including the risk of loss of your entire initial investment in the Securities.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You cannot tolerate a loss of all or a substantial portion of your investment, and are unwilling to make an investment that may have the same downside market risk as the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You require an investment designed to provide a full return of principal at maturity.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You do not understand and accept the risks associated with the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You believe that the level of the Underlying will decline during the term of the Securities and is likely to close below the Downside Threshold on the Final Observation Date, exposing you to the full decline in the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You seek an investment that participates in the full appreciation in the level of the Underlying or that has unlimited return potential.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You cannot tolerate fluctuations in the price of the Securities prior to maturity that may be similar to or exceed the downside fluctuations of the Underlying.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are unwilling to invest in the Securities based on the Downside Threshold specified on the cover hereof. </font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> are unwilling to invest in the Securities based on the Call Return Rate specified on the cover hereof.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You prefer the lower risk, and therefore accept the potentially lower returns, of fixed income investments with comparable maturities and credit ratings.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You seek current income from this investment or prefer to receive the dividends paid on the constituent stocks of the Underlying, if any.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are unable or unwilling to hold securities that may be called early, or you are otherwise unable or unwilling to hold such securities to maturity, as set forth on the cover page of this pricing supplement, or you seek an investment for which there will be an active secondary market.</font></FONT></FONT></P>
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You are not willing to assume our credit risk for all payments under the Securities.</font></FONT></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The investor suitability considerations identified above are not exhaustive. Whether or not the Securities are a suitable investment for you will depend on your individual circumstances, and you should reach an investment decision only after you and your investment, legal, tax, accounting and other advisors have carefully considered the suitability of an investment in the Securities in light of your particular circumstances. You should also review carefully the sections entitled &#8220;Key Risks&#8221; beginning on page 8 of this pricing supplement and &#8220;Risk Factors&#8221; beginning on page 7 of the accompanying prospectus and page S-38 of the accompanying product supplement for risks related to an investment in the Securities.  For additional information about the Underlying, see the information set forth under &#8220;The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; vertical-align: super; font-size: 6pt; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index&#8221; on page 18.</font></FONT></P>

                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #FFFFFF; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 23.76pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>3</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <DIV>
                </DIV>
<BR clear="all" style="font-size: 1px; ">
                <DIV style="width: 256.40pt; float: left; ">
                    <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 1.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                    <TABLE width="261.36pt" style="margin-left: auto; width: 261.36pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                        <TR>
                            <TD width="95.04pt" style="width: 95.04pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                            <TD width="166.32pt" style="width: 166.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD colspan="2" style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; background-color: #788D41; ">
                                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Final Terms</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Issuer</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Morgan Stanley Finance LLC</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Guarantor</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Morgan Stanley</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Issue Price</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10.00 per Security. The Securities are offered at a minimum investment of 100 Securities.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Underlying</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Principal Amount</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10.00 per Security</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Term</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Approximately 5 years, unless called earlier</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Automatic Call Feature</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities will be called automatically if the Observation Date Closing Level on any Observation Date (beginning after one year), including the Final Observation Date, is </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>equal to or greater than</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Initial Level.</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are called, MSFL will pay you on the related Call Settlement Date a Call Price per Security calculated as follows (see &#8220;Call Returns and Observation Dates&#8221; on page 6):</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x Call Return)</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>After the Securities have been called, no further payments will be made on the Securities.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Return and Call Return Rate</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="margin-bottom: 6.6pt; line-height: 10.0pt; margin-top: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Call Return varies depending on the Observation Date and increases the longer the Securities are outstanding.&#160; The Call Return is based on a Call Return Rate of 8.90% </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>per annum</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.  </font></FONT></P>
                                <P style="margin-bottom: 6.6pt; line-height: 10.0pt; margin-top: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>See &#8220;Call Returns and Observation Dates&#8221; on page 6. </font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Trade Date</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 25, 2025</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Settlement Date</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 28, 2025</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Dates</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Quarterly, beginning November 30, 2026. See &#8220;Call Returns and Observation Dates&#8221; on page 6.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 25, 2030*</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Maturity Date</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>November 29, 2030*</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Settlement Dates</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>See &#8220;Call Returns and Observation Dates&#8221; on page 6.&#160; The Call Settlement Date with respect to the Final Observation Date will be the Maturity Date.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD colspan="2" style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-top:  0.50pt solid black; ">
                                <P style="line-height: 9.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>* Subject to postponement in the event of a Market Disruption Event or for non-Index Business Days. See &#8220;Postponement of Determination Dates&#8221; in the accompanying product supplement.</font></FONT></P>
                            </TD>
                        </TR>
                    </TABLE>
                </DIV>
                <DIV style="width: 31.68pt; float: left; ">
                    <P>&nbsp;</P>
                </DIV>
                <DIV style="width: 256.40pt; float: left; ">
                    <TABLE width="261.36pt" style="margin-left: auto; width: 261.36pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                        <TR>
                            <TD width="95.04pt" style="width: 95.04pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                            <TD width="166.32pt" style="width: 166.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment at Maturity (per Security)</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are not automatically called prior to or on the Maturity Date, MSFL will pay you a cash payment on the Maturity Date based on the Final Level, as follows:</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are not called prior to or on the Maturity Date, and the Final Level is </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>less than</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Initial Level but </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>equal to or greater than</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Downside Threshold, MSFL will pay you the $10 principal amount.</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are not called prior to or on the Maturity Date, and the Final Level is </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>less than</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Downside Threshold, MSFL will pay you an amount per Security calculated as follows:</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 &#215; (1 + Underlying Return)</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In this case, you will lose a significant portion and could lose all of the principal amount in an amount proportionate to the full decline of the Underlying from the Trade Date to the Final Observation Date.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Date Closing Level</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Closing Level of the Underlying on any Observation Date.  </font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; min-height: 1.10pt; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Underlying Return</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; text-decoration-style: solid; text-decoration-line: underline; "><U><font style='white-space: pre-wrap;'>Final Level</font></U><U><font style='white-space: pre-wrap;'> &#8211; </font></U><U><font style='white-space: pre-wrap;'>Initial Level</font></U></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><BR><font style='white-space: pre-wrap;'>Initial Level</font></FONT></P>
                            </TD>
                        </TR>
                    </TABLE>
                </DIV>
<BR clear="all" style="font-size: 1px; ">
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 39.60pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>4</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <DIV style="width: 256.40pt; float: left; ">
                    <TABLE width="261.36pt" style="margin-left: auto; width: 261.36pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                        <TR>
                            <TD width="95.04pt" style="width: 95.04pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                            <TD width="166.32pt" style="width: 166.32pt; border: 0; margin: 0; padding: 0; height: 0; ">
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Initial Level</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,465.979, which is the Closing Level of the Underlying on the Trade Date.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Level</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Closing Level of the Underlying on the Final Observation Date.</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Downside Threshold</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,849.484, which is approximately 75% of the Initial Level</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Trustee</font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Bank of New York Mellon</font></FONT></P>
                            </TD>
                        </TR>
                        <TR style="vertical-align: top; ">
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Calculation Agent </font></FONT></P>
                            </TD>
                            <TD style="padding-top: 2.37pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 2.37pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; ">
                                <P style="line-height: 10.0pt; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>MS &amp; Co.</font></FONT></P>
                            </TD>
                        </TR>
                    </TABLE>
                </DIV>
                <DIV style="width: 31.68pt; float: left; ">
                    <P>&nbsp;</P>
                </DIV>
                <DIV style="width: 256.40pt; float: left; ">
                </DIV>
<BR clear="all" style="font-size: 1px; ">
<BR clear="all" style="font-size: 1px; ">
                <DIV>
                    <P style="margin-top: 6.6pt; line-height: 10.0pt; margin-bottom: 0; margin-left: -19.8pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; text-transform: uppercase; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Investing in the Securities involves significant risks. You may lose YOUR ENTIRE principal amount.  Any payment on the Securities is subject to OUR creditworthiness.  If WE were to default on OUR payment obligations, you may not receive any amounts owed to you under the Securities and you could lose your entire investment. </font></FONT></P>
                </DIV>
<BR clear="all" style="font-size: 1px; ">
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 39.60pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>5</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="98.48%" style="background-color: #788D41; margin-left: auto; width: 98.48%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="514.80pt" style="width: 514.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Call Returns and Observation Dates</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                <TABLE width="516.34pt" style="margin-left: auto; width: 516.34pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="129.09pt" style="width: 129.09pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="129.09pt" style="width: 129.09pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="129.08pt" style="width: 129.08pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="129.09pt" style="width: 129.09pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Settlement Date / Maturity Date**</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Return</font></FONT></P>
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>(Based on a Call Return Rate of 8.90% </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>per annum</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>)***</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Price (per $10 of Securities)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/30/2026</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/2/2026</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8.90%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10.89</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/25/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/1/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11.125%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$11.1125</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/25/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/27/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>13.35%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$11.335</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/25/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/27/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>15.575%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$11.5575</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/26/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/30/2027</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>17.80%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$11.78</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/25/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/29/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>20.025%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$12.0025</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/25/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/30/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>22.25%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$12.225</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/25/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/29/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>24.475%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$12.4475</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/27/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/29/2028</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>26.70%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$12.67</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/26/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/28/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>28.925%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$12.8925</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/25/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/30/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>31.15%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$13.115</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/27/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/29/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>33.375%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$13.3375</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/26/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/28/2029</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>35.60%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$13.56</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/25/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2/27/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>37.825%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$13.7825</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/28/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>5/30/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>40.05%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$14.005</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/26/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8/28/2030</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>42.275%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$14.2275</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 1.10pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/25/2030 (the Final Observation Date)*</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/29/2030 (the Maturity Date)*</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>44.50%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 1.1pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$14.45</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 4.4pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>* Subject to postponement in the event of a market disruption event or for non-index business days.  See &#8220;Postponement of Determination Dates&#8221; in the accompanying product supplement. </font></FONT></P>
                <P style="margin-top: 4.4pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>** If, due to a market disruption event or otherwise, any Observation Date (including the Final Observation Date) is postponed so that it falls less than two business days prior to the scheduled Call Settlement Date, the Call Settlement Date or Maturity Date, as applicable, will be postponed to the second business day following that Observation Date as postponed.</font></FONT></P>
                <P style="margin-top: 3.3pt; line-height: 8.5pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>*** If the Securities are called following any Observation Date, the Call Price will be a fixed amount based on the Call Return with respect to each Observation Date, as specified above, regardless of the actual number of days during such period. </font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>6</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="100.00%" style=" margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD style="width: 178.06pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD style="width: 344.66pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2" style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Investment Timeline</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD colspan="2" style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 14.25pt;  ">
                        <TD rowspan="5" style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><FONT style="width: 165.00pt; height: 627.00pt; ">                                        <IMG src="image1.gif" style="width: 165.00pt; height: 627.00pt; ">
                                        </FONT></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; vertical-align: middle; ">
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Initial Level and Downside Threshold were determined and the Call Return Rate was set.</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 40.10pt;  ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">

                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 130.19pt;  ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; vertical-align: middle; ">
                            <P style="margin-top: 4.4pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Beginning after one year, the Securities will be called automatically if the Observation Date Closing Level on any Observation Date (beginning after one year) (including the Final Observation Date) is equal to or greater than the Initial Level.</font></FONT></P>
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 4.4pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are called, MSFL will pay you a Call Price per Security calculated as follows:</font></FONT></P>
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 4.4pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x Call Return)</font></FONT></P>
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 4.4pt; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>After the Securities are called, no further payments will be made on the Securities.</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 38.61pt;  ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 272.25pt;  ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; vertical-align: middle; ">
                            <P style="text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Final Level is determined as of the Final Observation Date.</font></FONT></P>
                            <P style="text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are not automatically called prior to or on the Maturity Date and the Final Level is equal to or greater than the Downside Threshold but below the Initial Level, MSFL will pay you the $10 principal amount.</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Securities are not automatically called prior to or on the Maturity Date and the Final Level is less than the Downside Threshold, MSFL will pay you an amount calculated as follows:</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 4.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 1.1pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 &#215; (1+ Underlying Return)</font></FONT></P>
                            <P style="margin-top: 4.4pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>This will be less than the $10 principal amount by an amount proportionate to the full negative Underlying Return, and you could lose your entire investment.</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-weight: bold; font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>7</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="98.48%" style="background-color: #788D41; margin-left: auto; width: 98.48%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="514.80pt" style="width: 514.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-weight: normal; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Key Risk</font></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; background-color: #788D41; font-weight: bold; "><font style='white-space: pre-wrap;'>s</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>An investment in the Securities involves significant risks. The material risks that apply to the Securities are summarized here, but we urge you to also read the &#8220;Risk Factors&#8221; section of the accompanying prospectus and product supplement. You should also consult your investment, legal, tax, accounting and other advisers in connection with your investment in the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; "><FONT style="font-family: Arial, sans-serif; font-size: 9.0pt; text-decoration-style: solid; text-decoration-line: underline; "><U><font style='white-space: pre-wrap;'>Risks Relating to an Investment in the Securities</font></U></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Securities do not pay interest or guarantee the return of any principal. </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The terms of the Securities differ from those of ordinary debt securities in that the Securities do not pay interest or guarantee the return of any of the principal amount at maturity. In addition, while the Securities will generally offer the possibility of a higher return if the Securities are automatically called than the potential return payable on our ordinary debt securities with a similar maturity, this higher return potential reflects the risk that you may not receive a positive return on the Securities and may lose a significant portion or all of your investment if the Securities have not been called prior to maturity and if the Final Level is less than the Downside Threshold.  In this case, you will be exposed to the full negative Underlying Return, and MSFL will pay you an amount at maturity that is significantly less than the $10 principal amount, resulting in a loss proportionate to the full decline of the Underlying over the term of the Securities. </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You could lose your entire principal amount.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> appreciation potential of the Securities is limited by the fixed Call Returns specified for each Observation Date.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The appreciation potential of the Securities is limited to the fixed Call Returns specified for each Observation Date if the Underlying closes at or above the Initial Level on any Observation Date (beginning after one year), including the Final Observation Date, and you will not participate in any appreciation of the Underlying, which could be significant.  If the Securities are not previously called and the Final Level is less than the Downside Threshold, you will be fully exposed to the decline in the level of the Underlying from the Trade Date to the Final Observation Date, and you will lose a significant portion or all of your investment.  </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>You</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> may incur a loss on your investment if you sell your Securities prior to maturity.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>  The Downside Threshold is observed only on the Final Observation Date and the contingent downside market exposure applies at maturity.  If you are able to sell your Securities in the secondary market prior to maturity, you may have to sell them at a loss relative to your initial investment even if the level of the Underlying is above the Downside Threshold at that time.  </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Early redemption risk.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The term of your investment in the Securities may be limited to as short as approximately one year by the automatic call feature of the Securities.  If the Securities are called prior to maturity, you will not receive any further payments on the Securities and you may be forced to invest in a lower interest rate environment and may not be able to reinvest at comparable terms or for similar returns.  Generally, the longer the Securities have been outstanding, the less likely it is that they will be automatically called, because the level of the Underlying will necessarily have declined from the Initial Level if the Securities were not called following an Observation Date, and there will be less time remaining until maturity in which the level of the Underlying can recover.  </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>No interest payments.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>  You will not receive any interest payments during the term of the Securities.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities are subject to our credit risk, and any actual or anticipated changes to our credit ratings or our credit spreads may adversely affect the market value of the Securities. </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> You are dependent on our ability to pay all amounts due on the Securities, if any, and any payments upon an automatic call or at maturity, and therefore you are subject to our credit risk.  If we default on our obligations under the Securities, your investment would be at risk and you could lose some or all of your investment.  As a result, the market value of the Securities prior to maturity will be affected by changes in the market&#8217;s view of our creditworthiness.  Any actual or anticipated decline in our credit ratings or increase in our credit spreads charged by the market for taking our credit risk is likely to adversely affect the market value of the Securities.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>As a finance subsidiary, MSFL has no independent operations and will have no independent assets</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.  As a finance subsidiary, MSFL has no independent operations beyond the issuance and administration of its securities and will have no independent assets available for distributions to holders of MSFL securities if they make claims in respect of such securities in a bankruptcy, resolution or similar proceeding.  Accordingly, any recoveries by such holders will be limited to those available under the related guarantee by Morgan Stanley and that guarantee will rank </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>pari passu</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> with all other unsecured, unsubordinated obligations of Morgan Stanley.  Holders will have recourse only to a single claim against Morgan Stanley and its assets under the guarantee.  Holders of securities issued by MSFL should accordingly assume that in any such proceedings they would not have any priority over and should be treated </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>pari passu</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> with the claims of other unsecured, unsubordinated creditors of Morgan Stanley, including holders of Morgan Stanley-issued securities.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The market price of the Securities may be influenced by many unpredictable factors.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Several factors, many of which are beyond our control, will influence the value of the Securities in the secondary market and the price at which MS &amp; Co. may be willing to purchase or sell the Securities in the secondary market. Although we expect that generally the closing level of the Underlying on any day will affect the value of the Securities more than any other single factor, other factors that may influence the value of the Securities include:</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 59.40pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-family: Times New Roman, Times, serif; font-size: 8.0pt; ">o</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the volatility (frequency and magnitude of changes in value) of the Underlying,</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 59.40pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-family: Times New Roman, Times, serif; font-size: 8.0pt; ">o</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>interest and yield rates in the market,</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 0.7pt; margin-left: 59.40pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-family: Times New Roman, Times, serif; font-size: 8.0pt; ">o</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>time remaining until the Securities mature,</font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>8</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 59.40pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-family: Times New Roman, Times, serif; font-size: 8.0pt; ">o</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>geopolitical conditions and economic, financial, political, regulatory or judicial events that affect the Underlying or equities markets generally and which may affect the Observation Date Closing Levels or Final Level,</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 59.40pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-family: Times New Roman, Times, serif; font-size: 8.0pt; ">o</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>any actual or anticipated changes in our credit ratings or credit spreads.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Some or all of these factors will influence the terms of the Securities at the time of issuance and the price that you will receive if you are able to sell your Securities prior to maturity, as the Securities are comprised of both a debt component and a performance-based component linked to the Underlying, and these are the types of factors that also generally affect the values of debt securities and derivatives linked to the Underlying. The level of the Underlying may be, and has recently been, volatile, and we can give you no assurance that the volatility will lessen.  See &#8220;The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; vertical-align: super; font-size: 6pt; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index&#8221; below.  You may receive less, and possibly significantly less, than the principal amount per Security if you try to sell your Securities prior to maturity.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Investing in the Securities is not equivalent to investing in the Underlying or the stocks composing the Underlying.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Investing in the Securities is not equivalent to investing in the Underlying or the stocks that constitute the Underlying.  Investors in the Securities will not participate in any appreciation of the Underlying, and will not have voting rights or rights to receive dividends or other distributions or any other rights with respect to the stocks that constitute the Underlying.  Additionally, the Underlying is not a &#8220;total return&#8221; index, which, in addition to reflecting the market prices of the stocks that constitute the Underlying, would also reflect dividends paid on such stocks.  The return on the Securities will not include such a total return feature.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities will not be listed on any securities exchange and secondary trading may be limited.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities will not be listed on any securities exchange.  Therefore, there may be little or no secondary market for the Securities.  MS &amp; Co. currently intends, but is not obligated, to make a market in the Securities.  Even if there is a secondary market, it may not provide enough liquidity to allow you to trade or sell the Securities easily.  Because we do not expect that other broker-dealers will participate significantly in the secondary market for the Securities, the price at which you may be able to trade your Securities is likely to depend on the price, if any, at which MS &amp; Co. is willing to transact.  If, at any time, MS &amp; Co. were to cease making a market in the Securities, it is likely that there would be no secondary market for the Securities.  Accordingly, you should be willing to hold your Securities to maturity.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The rate we are willing to pay for securities of this type, maturity and issuance size is likely to be lower than the rate implied by our secondary market credit spreads and advantageous to us.  Both the lower rate and the inclusion of costs associated with issuing, selling, structuring and hedging the Securities in the Issue Price reduce the economic terms of the Securities, cause the estimated value of the Securities to be less than the Issue Price and will adversely affect secondary market prices.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Assuming no change in market conditions or any other relevant factors, the prices, if any, at which dealers, including MS &amp; Co., may be willing to purchase the Securities in secondary market transactions will likely be significantly lower than the Issue Price, because secondary market prices will exclude the issuing, selling, structuring and hedging-related costs that are included in the Issue Price and borne by you and because the secondary market prices will reflect our secondary market credit spreads and the bid-offer spread that any dealer would charge in a secondary market transaction of this type as well as other factors.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 21.34pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The inclusion of the costs of issuing, selling, structuring and hedging the Securities in the Issue Price and the lower rate we are willing to pay as issuer make the economic terms of the Securities less favorable to you than they otherwise would be.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 21.34pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>However, because the costs associated with issuing, selling, structuring and hedging the Securities are not fully deducted upon issuance, for a period of up to 9 months following the Settlement Date, to the extent that MS &amp; Co. may buy or sell the Securities in the secondary market, absent changes in market conditions, including those related to the Underlying, and to our secondary market credit spreads, it would do so based on values higher than the estimated value, and we expect that those higher values will also be reflected in your brokerage account statements.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> estimated value of the Securities is determined by reference to our pricing and valuation models, which may differ from those of other dealers and is not a maximum or minimum secondary market price.  </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>These pricing and valuation models are proprietary and rely in part on subjective views of certain market inputs and certain assumptions about future events, which may prove to be incorrect.  As a result, because there is no market-standard way to value these types of securities, our models may yield a higher estimated value of the Securities than those generated by others, including other dealers in the market, if they attempted to value the Securities.  In addition, the estimated value on the Trade Date does not represent a minimum or maximum price at which dealers, including MS &amp; Co., would be willing to purchase your Securities in the secondary market (if any exists) at any time. The value of your Securities at any time after the date of this pricing supplement will vary based on many factors that cannot be predicted with accuracy, including our creditworthiness and changes in market conditions.  See also &#8220;The market price of the Securities may be influenced by many unpredictable factors&#8221; above.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; background-color: #FFFFFF; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Hedging and trading activity by our affiliates could potentially adversely affect the value of the Securities.  </font></FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>One or more of our affiliates and/or third-party dealers expect to carry out hedging activities related to the Securities (and to other instruments linked to the Underlying), including trading in the Underlying.  As a result, these entities may be unwinding or adjusting hedge positions during the term of the Securities, and the hedging strategy may involve greater and more frequent dynamic adjustments to the hedge as the Final Observation Date approaches. Some of our affiliates also trade the Underlying and other financial instruments related to the Underlying on a regular basis as part of their general broker-dealer and other businesses.  Any of these hedging or trading activities on or prior to the Trade Date could potentially increase the Initial Level, and, as a result, the level at or above which the Underlying must close on any of the Observation Dates (beginning after one year) for the Securities to be called, or the Downside Threshold, which, if the Securities are not called, is the level at or above which the Underlying must close on the Final </font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>9</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; "><FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Date so that you do not suffer a significant loss on your initial investment in the Securities.  Additionally, such hedging or trading activities during the term of the Securities could potentially affect the level of the Underlying on the Observation Dates, and, accordingly, whether the Securities are automatically called, and, if the Securities are not called, the payout to you at maturity, if any.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Calculation Agent, which is an affiliate of the Issuer, will make determinations with respect to the Securities. </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> </font></FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>As Calculation Agent, MS &amp; Co. will determine the Initial Level, the Downside Threshold, the Observation Date Closing Levels, the Final Level, whether the Securities will be called following any Observation Date, whether a market disruption event has occurred and the payment that you will receive upon a call or at maturity, if any.  Moreover, certain determinations made by MS &amp; Co., in its capacity as Calculation Agent, may require it to exercise discretion and make subjective judgments, such as with respect to the occurrence or nonoccurrence of market disruption events.  These potentially subjective determinations may affect the payout to you upon a call or at maturity, if any.  For further information regarding these types of determinations, see &#8220;Description of Auto-Callable Securities&#8212;Postponement of Determination Dates,&#8221; &#8220;&#8212;Discontinuance of Any Underlying; Alteration of Method of Calculation&#8221; and &#8220;&#8212;Calculation Agent and Calculations&#8221; in the accompanying product supplement. In addition, MS &amp; Co. has determined the estimated value of the Securities on the Trade Date.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; background-color: #FFFFFF; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The U.S. federal income tax consequences of an investment in the Securities are uncertain.</font></FONT><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>  Please note that the discussions in this pricing supplement concerning the U.S. federal income tax consequences of an investment in the Securities supersede the discussions contained in the accompanying product supplement for auto-callable securities.  </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 19.8pt; "><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Subject to the discussion under &#8220;What Are the Tax Consequences of the Securities&#8221; in this pricing supplement, although there is uncertainty regarding the U.S. federal income tax consequences of an investment in the Securities due to the lack of governing authority, in the opinion of our counsel, Davis Polk &amp; Wardwell LLP (&#8220;our counsel&#8221;), under current law, and based on current market conditions, each Security should be treated as a single financial contract that is an &#8220;open transaction&#8221; for U.S. federal income tax purposes.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 19.8pt; "><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the Internal Revenue Service (the &#8220;IRS&#8221;) were successful in asserting an alternative treatment for the Securities, the timing and character of income on the Securities might differ significantly from the tax treatment described herein.  For example, under one possible treatment, the IRS could seek to recharacterize the Securities as debt instruments. In that event, U.S. Holders (as defined below) would be required to accrue into income original issue discount on the Securities every year at a &#8220;comparable yield&#8221; determined at the time of issuance and recognize all income and gain in respect of the Securities as ordinary income.  The risk that financial instruments providing for buffers, triggers or similar downside protection features, such as the Securities, would be recharacterized as debt is greater than the risk of recharacterization for comparable financial instruments that do not have such features.  We do not plan to request a ruling from the IRS regarding the tax treatment of the Securities, and the IRS or a court may not agree with the tax treatment described in this pricing supplement.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 19.8pt; "><FONT style="font-family: Arial, sans-serif; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In 2007, the U.S. Treasury Department and the IRS released a notice requesting comments on the U.S. federal income tax treatment of &#8220;prepaid forward contracts&#8221; and similar instruments.  The notice focuses in particular on whether to require holders of these instruments to accrue income over the term of their investment.  It also asks for comments on a number of related topics, including the character of income or loss with respect to these instruments; whether short-term instruments should be subject to any such accrual regime; the relevance of factors such as the exchange-traded status of the instruments and the nature of the underlying property to which the instruments are linked; the degree, if any, to which income (including any mandated accruals) realized by Non-U.S. Holders (as defined below) should be subject to withholding tax; and whether these instruments are or should be subject to the &#8220;constructive ownership&#8221; rule, which very generally can operate to recharacterize certain long-term capital gain as ordinary income and impose an interest charge.  While the notice requests comments on appropriate transition rules and effective dates, any Treasury regulations or other guidance promulgated after consideration of these issues could materially and adversely affect the tax consequences of an investment in the Securities, possibly with retroactive effect. </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; padding-left: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; background-color: #FFFFFF; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Both U.S. and Non-U.S. Holders should read carefully the discussion under &#8220;What Are the Tax Consequences of the Securities&#8221; in this pricing supplement and consult their tax advisers regarding all aspects of the U.S. federal tax consequences of an investment in the Securities as well as any tax consequences arising under the laws of any state, local or non-U.S. taxing jurisdiction.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; "><FONT style="font-family: Arial, sans-serif; font-size: 9.0pt; text-decoration-style: solid; text-decoration-line: underline; "><U><font style='white-space: pre-wrap;'>Risks Relating to the Underlying</font></U></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities are linked to the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index and are subject to risks associated with small-capitalization companies.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index consists of stocks issued by companies with relatively small market capitalization. These companies often have greater stock price volatility, lower trading volume and less liquidity than large-capitalization companies and, therefore, the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index may be more volatile than indices that consist of stocks issued by large-capitalization companies. Stock prices of small-capitalization companies are also more vulnerable than those of large-capitalization companies to adverse business and economic developments, and the stocks of small-capitalization companies may be thinly traded. In addition, small capitalization companies are typically less well-established and less stable financially than large-capitalization companies and may depend on a small number of key personnel, making them more vulnerable to loss of personnel. Such companies tend to have smaller revenues, less diverse product lines, smaller shares of their product or service markets, fewer financial resources and less competitive strengths than large-capitalization companies and are more susceptible to adverse developments related to their products.</font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>10</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>A higher Call Return Rate and/or a lower Downside Threshold may reflect greater expected volatility of the Underlying, and greater expected volatility generally indicates an increased risk of declines in the level of the Underlying and, potentially, a significant loss at maturity. </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The economic terms for the Securities, including the Call Return Rate and the Downside Threshold, are based, in part, on the expected volatility of the Underlying at the time the terms of the Securities are set. &#8220;Volatility&#8221; refers to the frequency and magnitude of changes in the level of the Underlying. Higher expected volatility with respect to the Underlying as of the Trade Date generally indicates a greater expectation as of that date that the Final Level of the Underlying could ultimately be less than the Downside Threshold on the Final Observation Date, which would result in a loss of a significant portion or all of the Principal Amount. At the time the terms of the Securities are set, higher expected volatility will generally be reflected in a higher Call Return Rate and/or a lower Downside Threshold, as compared to otherwise comparable securities. Therefore, a relatively higher Call Return Rate, which would increase the upside return if the Securities are automatically called, may indicate an increased risk that the level of the Underlying will decrease substantially, which would result in a significant loss at maturity. In addition, and as described above in "The Securities do not pay interest or guarantee the return of any principal," in general, the higher potential return on the Securities than the return payable on our ordinary debt securities with a comparable maturity indicates the risk that you may not receive a positive return on the Securities and may lose a significant portion or all of your investment.  Further, a relatively lower Downside Threshold may not indicate that the Securities have a greater likelihood of a return of principal at maturity. You should be willing to accept the downside market risk of the Underlying and the potential to lose a significant portion or all of your Principal Amount at maturity.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Governmental</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> regulatory actions could result in material changes to the composition of the Underlying and could negatively affect your return on the Securities. </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Governmental regulatory actions, including but not limited to sanctions-related actions by the U.S. or foreign governments, could make it necessary or advisable for there to be material changes to the composition of the Underlying, depending on the nature of such governmental regulatory actions and the Underlying constituent stocks that are affected. If any governmental regulatory action results in the removal of Underlying constituent stocks that have (or historically have had) significant weights within the Underlying, such removal, or even any uncertainty relating to a possible removal, could have a material and negative effect on the level of the Underlying and, therefore, your return on the Securities.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; line-height: 10.0pt; margin-left: 19.80pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Adjustments to the Underlying could adversely affect the value of the Securities.</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>  The index publisher of the Underlying is responsible for calculating and maintaining the Underlying. The index publisher may add, delete or substitute the stocks constituting the Underlying or make other methodological changes required by certain corporate events relating to the stocks constituting the Underlying, such as stock dividends, stock splits, spin-offs, rights offerings and extraordinary dividends, that could change the value of the Underlying.  The index publisher may discontinue or suspend calculation or publication of the Underlying at any time.  In these circumstances, the Calculation Agent will have the sole discretion to substitute a Successor Index that is comparable to the discontinued Index, and is permitted to consider indices that are calculated and published by the Calculation Agent or any of its affiliates.  Any of these actions could adversely affect the value of the Underlying, and, consequently, the value of the Securities.</font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>11</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="98.48%" style="background-color: #788D41; margin-left: auto; width: 98.48%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="514.80pt" style="width: 514.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-weight: normal; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; text-transform: uppercase; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Hypothetical Payments on the Securities at Maturity</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The examples below illustrate the payment upon a call or at maturity for a $10 Security on a hypothetical offering of the Securities, with the following assumptions (the actual terms for the Securities are listed on the cover hereof; amounts may have been rounded for ease of reference):</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Principal Amount: $10</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Term: Approximately 5 years</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Hypothetical Initial Level: 2,000</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Return Rate: 8.90% </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>per annum</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>. </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Returns: </font></FONT></FONT></P>
                <TABLE align="right" width="475.20pt" style="margin-left: -5.94pt; width: 475.20pt; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="158.40pt" style="width: 158.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="79.20pt" style="width: 79.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="158.40pt" style="width: 158.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="79.20pt" style="width: 79.20pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Return</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Call Return</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>First Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>8.90%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tenth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>28.925%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Second Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11.125%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Eleventh Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>31.15%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Third Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>13.35%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Twelfth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>33.375%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Fourth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>15.575%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Thirteenth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>35.60%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Fifth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>17.80%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Fourteenth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>37.825%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Sixth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>20.025%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Fifteenth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>40.05%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Seventh Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>22.25%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Sixteenth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>42.275%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Eighth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>24.475%</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>44.50%</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; vertical-align: middle; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Ninth Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>26.70%</font></FONT></P>
                        </TD>
                        <TD colspan="2">
                        </TD>
                    </TR>
                </TABLE>
		<BR clear="all" style="font-size: 1px; ">
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Observation Dates: Quarterly, beginning on November 30, 2026</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; margin-left: 39.60pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Hypothetical Downside Threshold: 1,500&#8236;, which is 75% of the Hypothetical Initial Level</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Early Call &#8212; Securities are Called following the Second Observation Date</font></FONT></P>
                <TABLE width="510.84pt" style="margin-left: auto; width: 510.84pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Closing Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment (per Security)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>First Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,000 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities NOT called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Second Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,750 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>at or above</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities are called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x Call Return) = </font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x 11.125%) = $11.1125</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Observation Date Closing Level is below the Initial Level on the first Observation Date (beginning after one year) but above the Initial Level on the second Observation Date and therefore the Securities are called on the second Call Settlement Date. MSFL will pay you on the Call Settlement Date the principal amount of $10.00 </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>plus </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a Call Return of 11.125% per Security, reflecting the Call Return Rate of 8.90% on a per-annum basis. No further amount will be owed to you under the Securities, and you do not participate in the appreciation of the Underlying.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment at Maturity</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Example 1 &#8212; The Final Level is ABOVE the Initial Level; Securities are Called on the Maturity Date</font></FONT></P>
                <TABLE width="510.84pt" style="margin-left: auto; width: 510.84pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Closing Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment (per Security)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>First Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,500 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Second Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,000 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Third through Sixteenth Observation Dates</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Various (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>all</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,900 (at or above Initial Level)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x Call Return) = </font></FONT></P>
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x 44.50%) = $14.45 (Payment at Maturity)</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>12</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Observation Date Closing Level is below the Initial Level on each of the Observation Dates prior to the Final Observation Date and therefore the Securities are not called prior to maturity.  On the Final Observation Date, the Final Level is greater than the Initial Level and therefore MSFL will call the Securities on the Maturity Date and pay you at maturity the principal amount </font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>plus </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the Call Return of 44.50% per Security. Investors do not participate in the appreciation of the Underlying.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Example 2 &#8212; The Final Level is BELOW the Initial Level but AT OR ABOVE the Downside Threshold</font></FONT></P>
                <TABLE width="510.84pt" style="margin-left: auto; width: 510.84pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Closing Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment (per Security)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>First Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,300 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Second Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,100 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Third through Sixteenth Observation Dates</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Various (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>all below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,600 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level,</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> at or above </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Downside Threshold)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Since the Securities are not called prior to maturity and the Final Level of the Underlying is below the Initial Level but at or above the Downside Threshold, at maturity MSFL will pay you the $10 principal amount per Security.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Example 3 &#8212;The Final Level is BELOW the Downside Threshold</font></FONT></P>
                <TABLE width="510.84pt" style="margin-left: auto; width: 510.84pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="170.28pt" style="width: 170.28pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Closing Level</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Payment (per Security)</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>First Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,620 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Second Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,200 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Third through Sixteenth Observation Dates</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Various (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>all</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> </font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Initial Level; Securities Not Called)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-top:  0.50pt solid black; border-bottom:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>--</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Final Observation Date</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-left:  0.50pt solid black; border-right:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>600 (</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>below</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Downside Threshold)</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; border-right:  0.50pt solid black; border-left:  0.50pt solid black; ">
                            <P style="margin-top: 2.2pt; margin-bottom: 2.2pt; line-height: 10.0pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>$10 + ($10 x Underlying Return) =  </font><BR><font style='white-space: pre-wrap;'>$10 + ($10 x -70%) = $3.00 (Payment at Maturity)</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Since the Securities are not called prior to maturity and the Final Level of the Underlying is below the Downside Threshold, at maturity MSFL will pay you $3.00 per Security, reflecting a loss of principal proportionate to the full decline in the Final Level from the Initial Level. </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Securities differ from ordinary debt securities in that, among other features, MSFL is not necessarily obligated to repay the full amount of your initial investment. If the Securities are not called, you may lose a significant portion or all of your initial investment. Specifically, if the Securities are not called and the Final Level is less than the Downside Threshold, you will lose 1% (or a fraction thereof) of your principal amount for each 1% (or a fraction thereof) that the Underlying Return is negative.  Any payment on the Securities, including any payment upon an automatic call or the Payment at Maturity, is dependent on our ability to satisfy our obligations when they come due. If we are unable to meet our obligations, you may not receive any amounts due to you under the Securities.</font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>13</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="98.48%" style="background-color: #788D41; margin-left: auto; width: 98.48%; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="514.80pt" style="width: 514.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; min-height: 10.29pt; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "></FONT><FONT style="font-weight: normal; font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 9.0pt; font-weight: bold; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>What Are the Tax Consequences of the Securities?</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Prospective investors should note that the discussion under the section called &#8220;United States Federal Taxation&#8221; in the accompanying product supplement for auto-callable securities does not apply to the Securities issued under this pricing supplement and is superseded by the following discussion.</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The following summary is a general discussion of the principal U.S. federal income tax consequences and certain estate tax consequences of the ownership and disposition of the Securities.  This discussion applies only to investors in the Securities who:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>purchase</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> the Securities in the original offering; and</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>hold the Securities as capital assets within the meaning of Section 1221 of the Internal Revenue Code of 1986, as amended (the &#8220;Code&#8221;).</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>This discussion does not describe all of the tax consequences that may be relevant to a holder in light of the holder&#8217;s particular circumstances or to holders subject to special rules, such as:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>certain</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> financial institutions;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>insurance</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> companies;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>dealers</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> and certain traders in securities or commodities;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>investors</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> holding the Securities as part of a &#8220;straddle,&#8221; wash sale, conversion transaction, integrated transaction or constructive sale transaction;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>U</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.S. Holders (as defined below) whose functional currency is not the U.S. dollar;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>partnerships</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> or other entities classified as partnerships for U.S. federal income tax purposes;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>regulated</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> investment companies;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>real</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> estate investment trusts; or</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>tax</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>-exempt entities, including &#8220;individual retirement accounts&#8221; or &#8220;Roth IRAs&#8221; as defined in Section 408 or 408A of the Code, respectively.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If an entity that is classified as a partnership for U.S. federal income tax purposes holds the Securities, the U.S. federal income tax treatment of a partner will generally depend on the status of the partner and the activities of the partnership. If you are a partnership holding the Securities or a partner in such a partnership, you should consult your tax adviser as to the particular U.S. federal tax consequences of holding and disposing of the Securities to you.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In addition, we will not attempt to ascertain whether any issuer of any shares to which a Security relates (such shares hereafter referred to as &#8220;Underlying Shares&#8221;) is treated as a &#8220;passive foreign investment company&#8221; (&#8220;PFIC&#8221;) within the meaning of Section 1297 of the Code or as a &#8220;U.S. real property holding corporation&#8221; (&#8220;USRPHC&#8221;) within the meaning of Section 897 of the Code. If any issuer of Underlying Shares were so treated, certain adverse U.S. federal income tax consequences might apply, to a U.S. Holder in the case of a PFIC and to a Non-U.S. Holder (as defined below) in the case of a USRPHC, upon the sale, exchange or settlement of the Securities. You should refer to information filed with the Securities and Exchange Commission or other governmental authorities by the issuers of the Underlying Shares and consult your tax adviser regarding the possible consequences to you if any issuer is or becomes a PFIC or USRPHC.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>As the law applicable to the U.S. federal income taxation of instruments such as the Securities is technical and complex, the discussion below necessarily represents only a general summary.  Moreover, the effect of any applicable state, local or non-U.S. tax laws is not discussed, nor are any alternative minimum tax consequences or consequences resulting from the Medicare tax on investment income.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>This discussion is based on the Code, administrative pronouncements, judicial decisions and final, temporary and proposed Treasury regulations, all as of the date of this </font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>preliminary pricing supplement</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>, changes to any of which subsequent to the date hereof may affect the tax consequences described herein.  Persons considering the purchase of the Securities should consult their tax advisers with regard to the application of the U.S. federal income tax laws to their particular situations as well as any tax consequences arising under the laws of any state, local or non-U.S. taxing jurisdiction.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>General</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Although there is uncertainty regarding the U.S. federal income tax consequences of an investment in the Securities due to the lack of governing authority, in the opinion of our counsel, under current law, and based on current market conditions, each Security should be treated as a single financial contract that is an &#8220;open transaction&#8221; for U.S. federal income tax purposes.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Due to the absence of statutory, judicial or administrative authorities that directly address the treatment of the Securities or instruments that are similar to the Securities for U.S. federal income tax purposes, no assurance can be given that the Internal Revenue Service (the &#8220;IRS&#8221;) or a court will agree with the tax treatment described herein.  Accordingly, you should consult your tax adviser regarding all aspects of the U.S. federal tax consequences of an investment in the Securities (including possible alternative treatments of the Securities).  Unless otherwise stated, the following discussion is based on the treatment of the Securities as described in the previous paragraph.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Consequences to U.S. Holders</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>This section applies to you only if you are a U.S. Holder.  As used herein, the term &#8220;U.S. Holder&#8221; means a beneficial owner of a Security that is, for U.S. federal income tax purposes:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> citizen or individual resident of the United States;</font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>14</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> corporation, or other entity taxable as a corporation, created or organized in or under the laws of the United States, any state thereof or the District of Columbia; or</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>an</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> estate or trust the income of which is subject to U.S. federal income taxation regardless of its source.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Treatment of the Securities</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Assuming the treatment of the Securities as set forth above is respected, the following U.S. federal income tax consequences should result.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; text-indent: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Treatment Prior to Settlement. </font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> A U.S. Holder should not be required to recognize taxable income over the term of the Securities prior to settlement, other than pursuant to a sale or exchange as described below.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; text-indent: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Basis</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>.  A U.S. Holder&#8217;s tax basis in the Securities should equal the amount paid by the U.S. Holder to acquire the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Sale, Exchange or Settlement of the Securities</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>. Upon a sale, exchange or settlement of the Securities, a U.S. Holder should recognize gain or loss equal to the difference between the amount realized on the sale, exchange or settlement and the U.S. Holder&#8217;s tax basis in the Securities sold, exchanged or settled.  Subject to the discussion above regarding the possible application of Section 1297 of the Code, any gain or loss recognized upon the sale, exchange or settlement of the Securities should be long-term capital gain or loss if the U.S. Holder has held the Securities for more than one year at such time, and short-term capital gain or loss otherwise.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Possible Alternative Tax Treatments of an Investment in the Securities</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Due to the absence of authorities that directly address the proper tax treatment of the Securities, no assurance can be given that the IRS will accept, or that a court will uphold, the treatment described above.  In particular, the IRS could seek to analyze the U.S. federal income tax consequences of owning the Securities under Treasury regulations governing contingent payment debt instruments (the &#8220;Contingent Debt Regulations&#8221;). If the IRS were successful in asserting that the Contingent Debt Regulations applied to the Securities, the timing and character of income thereon would be significantly affected. Among other things, a U.S. Holder would be required to accrue into income original issue discount on the Securities every year at a &#8220;comparable yield&#8221; determined at the time of their issuance, adjusted upward or downward to reflect the difference, if any, between the actual and the projected amount of the contingent payment on the Securities. Furthermore, any gain realized by a U.S. Holder at maturity or upon a sale, exchange or other disposition of the Securities would generally be treated as ordinary income, and any loss realized would be treated as ordinary loss to the extent of the U.S. Holder&#8217;s prior accruals of original issue discount and as capital loss thereafter.  The risk that financial instruments providing for buffers, triggers or similar downside protection features, such as the Securities, would be recharacterized as debt is greater than the risk of recharacterization for comparable financial instruments that do not have such features. </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Other alternative federal income tax treatments of the Securities are also possible, which, if applied, could significantly affect the timing and character of the income or loss with respect to the Securities.  In 2007, the U.S. Treasury Department and the IRS released a notice requesting comments on the U.S. federal income tax treatment of &#8220;prepaid forward contracts&#8221; and similar instruments.  The notice focuses in particular on whether to require holders of these instruments to accrue income over the term of their investment.  It also asks for comments on a number of related topics, including the character of income or loss with respect to these instruments; whether short-term instruments should be subject to any such accrual regime; the relevance of factors such as the exchange-traded status of the instruments and the nature of the underlying property to which the instruments are linked; and whether these instruments are or should be subject to the &#8220;constructive ownership&#8221; rule, which very generally can operate to recharacterize certain long-term capital gain as ordinary income and impose an interest charge.  While the notice requests comments on appropriate transition rules and effective dates, any Treasury regulations or other guidance promulgated after consideration of these issues could materially and adversely affect the tax consequences of an investment in the Securities, possibly with retroactive effect.  U.S. Holders should consult their tax advisers regarding the U.S. federal income tax consequences of an investment in the Securities, including possible alternative treatments and the issues presented by this notice.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Backup Withholding and Information Reporting</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Backup withholding may apply in respect of the payment on the Securities at maturity and the payment of proceeds from a sale, exchange or other disposition of the Securities, unless a U.S. Holder provides proof of an applicable exemption or a correct taxpayer identification number and otherwise complies with applicable requirements of the backup withholding rules.  The amounts withheld under the backup withholding rules are not an additional tax and may be refunded, or credited against the U.S. Holder&#8217;s U.S. federal income tax liability, provided that the required information is timely furnished to the IRS.  In addition, information returns may be filed with the IRS in connection with the payment on the Securities and the payment of proceeds from a sale, exchange or other disposition of the Securities, unless the U.S. Holder provides proof of an applicable exemption from the information reporting rules.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Consequences to Non-U.S. Holders</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>This section applies to you only if you are a Non-U.S. Holder.  As used herein, the term &#8220;Non-U.S. Holder&#8221; means a beneficial owner of a Security that is, for U.S. federal income tax purposes:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>an</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> individual who is classified as a nonresident alien;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> foreign corporation; or</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> foreign estate or trust.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The term &#8220;Non-U.S. Holder&#8221; does not include any of the following holders:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> holder who is an individual present in the United States for 183 days or more in the taxable year of disposition and who is not otherwise a resident of the United States for U.S. federal income tax purposes;</font></FONT></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>15</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>certain</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> former citizens or residents of the United States; or</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>a</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> holder for whom income or gain in respect of the Securities is effectively connected with the conduct of a trade or business in the United States. </font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Such holders should consult their tax advisers regarding the U.S. federal income tax consequences of an investment in the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Tax Treatment upon Sale, Exchange or Settlement of the Securities </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; color: #000000; font-size: 8.0pt; background-color: #FFFFFF; "><font style='white-space: pre-wrap;'>In general.  </font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; background-color: #FFFFFF; "><font style='white-space: pre-wrap;'>Assuming the treatment of the Securities as set forth above is respected, and subject to the discussions below concerning backup withholding and the possible application of Section 871(m) of the Code and the discussion above concerning the possible application of Section 897 of the Code, a Non-U.S. Holder of the Securities generally will not be subject to U.S. federal income or withholding tax in respect of amounts paid to the Non-U.S. Holder.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; background-color: #FFFFFF; "><font style='white-space: pre-wrap;'>Subject to the discussions regarding the possible application of Sections 871(m) and 897 of the Code and FATCA, if all or any portion of a Security were recharacterized as a debt instrument, any payment made to a Non-U.S. Holder with respect to the Securities would not be subject to U.S. federal withholding tax, provided that:</font></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the Non-U.S. Holder does not own, directly or by attribution, ten percent or more of the total combined voting power of all classes of Morgan Stanley stock entitled to vote;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Non-U.S. Holder is not a controlled foreign corporation related, directly or indirectly, to Morgan Stanley through stock ownership;</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Non-U.S. Holder is not a bank receiving interest under Section 881(c)(3)(A) of the Code, and</font></FONT></FONT></P>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: justify; margin-left: 79.53pt; text-indent: -19.80pt; "><!--[if IE]<FONT style="display: inline-block; width: 19.80pt; text-indent: -19.80pt; "><![endif]--><FONT style="display: inline-block; width: 19.80pt; text-indent: 0; text-align: left; font-size: 8.0pt; color: #000000; ">&#9830;</FONT><!--[if IE]</FONT><![endif]--><FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>the</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> certification requirement described below has been fulfilled with respect to the beneficial owner.</font></FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; text-indent: 19.8pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Certification Requirement. </font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> The certification requirement referred to in the preceding paragraph will be fulfilled if the beneficial owner of a Security (or a financial institution holding a Security on behalf of the beneficial owner) furnishes to the applicable withholding agent an IRS Form W-8BEN (or other appropriate form) on which the beneficial owner certifies under penalties of perjury that it is not a U.S. person.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In 2007, the U.S. Treasury Department and the IRS released a notice requesting comments on the U.S. federal income tax treatment of &#8220;prepaid forward contracts&#8221; and similar instruments.  Among the issues addressed in the notice is the degree, if any, to which any income with respect to instruments such as the Securities should be subject to U.S. withholding tax.  It is possible that any Treasury regulations or other guidance promulgated after consideration of this issue could materially and adversely affect the withholding tax consequences of ownership and disposition of the Securities, possibly on a retroactive basis.  Non-U.S. Holders should note that we currently do not intend to withhold on any payment made with respect to the Securities to Non-U.S. Holders (subject to compliance by such holders with the certification requirement described above and to the discussions regarding Sections 871(m) and 897 of the Code and FATCA).  However, in the event of a change of law or any formal or informal guidance by the IRS, the U.S. Treasury Department or Congress, we may decide to withhold on payments made with respect to the Securities to Non-U.S. Holders, and we will not be required to pay any additional amounts with respect to amounts withheld.  Accordingly, Non-U.S. Holders should consult their tax advisers regarding all aspects of the U.S. federal income tax consequences of an investment in the Securities, including the possible implications of the notice referred to above.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Section 871(m) Withholding Tax on Dividend Equivalents</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Section 871(m) of the Code and Treasury regulations promulgated thereunder (&#8220;Section 871(m)&#8221;) generally impose a 30% (or a lower applicable treaty rate) withholding tax on dividend equivalents paid or deemed paid to Non-U.S. Holders with respect to certain financial instruments linked to U.S. equities or indices that include U.S. equities (each, an &#8220;Underlying Security&#8221;).  Subject to certain exceptions, Section 871(m) generally applies to securities that substantially replicate the economic performance of one or more Underlying Securities, as determined based on tests set forth in the applicable Treasury regulations (a &#8220;Specified Security&#8221;).  However, pursuant to an IRS notice, Section 871(m) will not apply to securities issued before January 1, 2027 that do not have a delta of one with respect to any Underlying Security.  Based on our determination that the Securities do not have a delta of one with respect to any Underlying Security, our counsel is of the opinion that the Securities should not be Specified Securities and, therefore, should not be subject to Section 871(m).</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Our determination is not binding on the IRS, and the IRS may disagree with this determination.  Section 871(m) is complex and its application may depend on your particular circumstances, including whether you enter into other transactions with respect to an Underlying Security.  If withholding is required, we will not be required to pay any additional amounts with respect to the amounts so withheld.  You should consult your tax adviser regarding the potential application of Section 871(m) to the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>U.S. Federal Estate Tax</font></FONT><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Individual Non-U.S. Holders and entities the property of which is potentially includible in such an individual&#8217;s gross estate for U.S. federal estate tax purposes (for example, a trust funded by such an individual and with respect to which the individual has retained certain interests or powers), should note that, absent an applicable treaty exemption, the Securities may be treated as U.S. situs property subject to U.S. federal estate tax.  Prospective investors that are non-U.S. individuals, or are entities of the type described above, should consult their tax advisers regarding the U.S. federal estate tax consequences of an investment in the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-style: italic; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Backup Withholding and Information Reporting</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Information returns may be filed with the IRS in connection with the payment on the Securities at maturity as well as in connection with the payment of proceeds from a sale, exchange or other disposition of the Securities.  A Non-U.S. Holder may be subject to backup withholding in respect of amounts paid to the Non-U.S. Holder, unless such Non-U.S. Holder complies with certification procedures to </font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>16</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>establish that it is not a U.S. person for U.S. federal income tax purposes or otherwise establishes an exemption.  Compliance with the certification procedures described above under &#8220;&#8213;Tax Treatment upon Sale, Exchange or Settlement of the Securities &#8211; Certification Requirement&#8221; will satisfy the certification requirements necessary to avoid backup withholding as well.  The amount of any backup withholding from a payment to a Non-U.S. Holder will be allowed as a credit against the Non-U.S. Holder&#8217;s U.S. federal income tax liability and may entitle the Non-U.S. Holder to a refund, provided that the required information is timely furnished to the IRS.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>FATCA</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-indent: 0.0pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Legislation commonly referred to as &#8220;FATCA&#8221; generally imposes a withholding tax of 30% on payments to certain non-U.S. entities (including financial intermediaries) with respect to certain financial instruments, unless various U.S. information reporting and due diligence requirements have been satisfied.  An intergovernmental agreement between the United States and the non-U.S. entity&#8217;s jurisdiction may modify these requirements.  FATCA generally applies to certain financial instruments that are treated as paying U.S.-source interest or other U.S.-source &#8220;fixed or determinable annual or periodical&#8221; income (&#8220;FDAP income&#8221;).  If the Securities were recharacterized as debt instruments, FATCA would apply to any payment of amounts treated as interest and to payments of gross proceeds of the disposition (including upon retirement) of the Securities.  However, under proposed regulations (the preamble to which specifies that taxpayers are permitted to rely on them pending finalization), no withholding will apply on payments of gross proceeds (other than amounts treated as FDAP income).  If withholding were to apply to the Securities, we would not be required to pay any additional amounts with respect to amounts withheld.  Both U.S. and Non-U.S. Holders should consult their tax advisers regarding the potential application of FATCA to the Securities.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 3.3pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The discussion in the preceding paragraphs under &#8220;What Are the Tax Consequences of the Securities,&#8221; insofar as it purports to describe provisions of U.S. federal income tax laws or legal conclusions with respect thereto, constitutes the full opinion of Davis Polk &amp; Wardwell LLP regarding the material U.S. federal income tax consequences of an investment in the Securities. </font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>17</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="514.80pt" style="margin-left: auto; width: 514.80pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="514.80pt" style="width: 514.80pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; background-color: #788D41; vertical-align: middle; ">
                            <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 1.2; text-align: justify; "><FONT style="color: #FFFFFF; font-size: 9.0pt; font-weight: bold; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>The Russell 2000</font></FONT><FONT style="color: #FFFFFF; font-size: 7pt; vertical-align: super; font-weight: bold; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="color: #FFFFFF; font-size: 9.0pt; font-weight: bold; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'> Index</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 0.00pt; padding-right: 0.00pt; padding-bottom: 0.0pt; ">
                            <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index is an index calculated, published and disseminated by FTSE International Limited (&#8220;FTSE Russell&#8221;), and measures the capitalization-weighted price performance of 2,000 U.S. small-capitalization stocks listed on eligible U.S. exchanges. The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index is designed to track the performance of the small-capitalization segment of the U.S. equity market. The companies included in the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index are the middle 2,000 (i.e., those ranked 1,001 through 3,000) of the companies that form the Russell 3000E&#8482; Index. The Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index represents approximately 7% of the U.S. equity market. For additional information about the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index, see the information set forth under &#8220;Russell Indices&#8212;Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index&#8221; in the accompanying index supplement.</font></FONT></P>
                            <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&#8220;Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index&#8221; and &#8220;Russell 3000E</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>TM</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index&#8221; are trademarks of FTSE Russell. For more information, see &#8220;Russell Indices&#8221; in the accompanying index supplement.</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; background-color: #788D41; vertical-align: middle; ">
                            <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 1.2; text-align: justify; "><FONT style="color: #FFFFFF; font-size: 9.0pt; font-weight: bold; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Historical Information</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; text-align: justify; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> </font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The following table sets forth the published high and low Closing Levels, as well as the end-of-quarter Closing Levels, of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index for each quarter in the period from January 1, 2020 through November 25, 2025.  The Closing Level of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index on November 25, </font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2025</font></FONT><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; width: 0.00pt; display: inline-block; ">&nbsp;</FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> was 2,465.979.  We obtained the information in the table below from Bloomberg Financial Markets, without independent verification.  The historical Closing Levels of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index should not be taken as an indication of future performance, and no assurance can be given as to the level of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; color: #000000; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index on any Observation Date, including the Final Observation Date.</font></FONT></P>
                <TABLE width="514.80pt" style=" margin-left: auto; width: 514.80pt; table-layout: fixed; border-collapse: collapse; margin-right: auto; ">
                    <TR>
                        <TD width="102.96pt" style="width: 102.96pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="102.96pt" style="width: 102.96pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="102.96pt" style="width: 102.96pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="102.96pt" style="width: 102.96pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                        <TD width="102.96pt" style="width: 102.96pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; vertical-align: bottom; ">
                            <P style="margin-bottom: 6.6pt; line-height: 10.0pt; text-align: center; margin-top: 0; "><FONT style="font-weight: bold; color: #000000; font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Quarter Begin</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; vertical-align: bottom; ">
                            <P style="margin-bottom: 6.6pt; line-height: 10.0pt; text-align: center; margin-top: 0; "><FONT style="font-weight: bold; color: #000000; font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Quarter End</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; vertical-align: bottom; ">
                            <P style="margin-bottom: 6.6pt; line-height: 10.0pt; text-align: center; margin-top: 0; "><FONT style="font-weight: bold; color: #000000; font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Quarterly High</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; vertical-align: bottom; ">
                            <P style="margin-bottom: 6.6pt; line-height: 10.0pt; text-align: center; margin-top: 0; "><FONT style="font-weight: bold; color: #000000; font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Quarterly Low</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; vertical-align: bottom; ">
                            <P style="margin-bottom: 6.6pt; line-height: 10.0pt; text-align: center; margin-top: 0; "><FONT style="font-weight: bold; color: #000000; font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>Quarterly Close</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,705.215</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>991.160</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,153.103</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,536.895</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,052.053</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,441.365</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,592.287</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,398.920</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,507.692</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/31/2020</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,007.104</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,531.202</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,974.855</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,360.168</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,945.914</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,220.519</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,343.758</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,135.139</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,310.549</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,329.359</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,130.680</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,204.372</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/31/2021</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,442.742</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,139.875</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,245.313</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,272.557</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,931.288</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,070.125</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,095.440</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,649.836</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,707.990</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,021.346</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,655.882</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,664.716</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/31/2022</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,892.839</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,664.716</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,761.246</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,001.221</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,720.291</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,802.484</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,896.333</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,718.811</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,888.734</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,003.177</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,761.609</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,785.102</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/31/2023</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,066.214</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,636.938</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,027.074</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,124.547</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,913.166</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,124.547</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,109.459</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,942.958</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,047.691</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,263.674</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,026.727</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,229.970</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>12/31/2024</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,442.031</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,180.146</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,230.158</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1/1/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>3/31/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,317.968</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,993.690</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,011.913</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>4/1/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>6/30/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,175.035</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>1,760.710</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,175.035</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>7/1/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>9/30/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,467.697</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,166.780</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,436.484</font></FONT></P>
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>10/1/2025</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>11/25/2025*</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,520.435</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,305.112</font></FONT></P>
                        </TD>
                        <TD style="padding-top: 0.0pt; padding-left: 5.94pt; padding-right: 5.94pt; padding-bottom: 0.0pt; border-bottom:  0.50pt solid black; border-top:  0.50pt solid black; vertical-align: bottom; ">
                            <P style="line-height: 10.0pt; text-align: center; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>2,465.979</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; line-height: 9.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><font style='white-space: pre-wrap;'>*Available information for the indicated period includes data for less than the entire calendar quarter, and, accordingly, the &#8220;Quarterly High,&#8221; &#8220;Quarterly Low&#8221; and &#8220;Quarterly Close&#8221; data indicated are for this shortened period only. </font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>18</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 514.80pt; padding: 39.60pt 79.20pt 0 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 10pt 79.20pt 10pt 79.20pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The graph below illustrates the performance of the Russell 2000</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 6pt; vertical-align: super; "><font style='white-space: pre-wrap;'>&#174;</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'> Index from January 1, 2008 through November 25, 2025, based on information from Bloomberg.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; text-align: center; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT style="width: 506.55pt; height: 245.85pt; ">                            <IMG width="506.55pt" height="245.85pt" src="image2.gif" style="width: 506.55pt; height: 245.85pt; ">
                            </FONT></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>*The dotted line indicates the Downside Threshold of 1,849.484, which is 75% of the Initial Level.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Past performance is not indicative of future results</font></FONT></P>
            </DIV>
            <DIV style="width: 514.80pt; padding: 0 79.20pt 39.60pt 79.20pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>19</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <P style="margin-top: 0.0pt; text-align: center; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 1.0pt; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="554.40pt" style="width: 554.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Additional Terms of the Securities</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>If the terms described in this pricing supplement are inconsistent with those described in the accompanying product supplement, index supplement or prospectus, the terms described in this pricing supplement will prevail.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The accompanying product supplement for autocallable securities refers to the Underlying as the &#8220;index,&#8221; the Initial Level as the &#8220;initial index value,&#8221; the Closing Level as the &#8220;index closing value,&#8221; the Trade Date as the &#8220;pricing date,&#8221; the Observation Dates as &#8220;determination dates,&#8221; the Final Observation Date as the &#8220;final determination date,&#8221; the Downside Threshold as the &#8220;downside threshold level&#8221; and the Call Settlement Dates as the &#8220;Early Redemption Dates.&#8221;</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Index Publisher</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>FTSE Russell, or any successor thereto.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Closing Level</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&#8220;Closing Level&#8221; on any Index Business Day means, the closing value of the Underlying or any Successor Index reported by Bloomberg Financial Services, or any successor reporting service the Calculation Agent may select, on that Index Business Day. In certain circumstances, the Closing Level for the Underlying will be based on the alternate calculation of the Underlying as described under &#8220;&#8212;Discontinuance of Any Underlying Index; Alteration of Method of Calculation&#8221; in the accompanying product supplement.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The closing value of the Underlying reported by Bloomberg Financial Services may be lower or higher than the official closing value published by the Index Publisher.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Issuer Notice to Registered Security Holders, the Trustee and the Depositary</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In the event that the Maturity Date of the Securities is postponed due to a postponement of the Final Observation Date, the Issuer shall give notice of such postponement and, once it has been determined, of the date to which the Maturity Date has been rescheduled (i) to each registered holder of the Securities by mailing notice of such postponement by first class mail, postage prepaid, to such registered holder&#8217;s last address as it shall appear upon the registry books, (ii) to the Trustee by facsimile confirmed by mailing such notice to the Trustee by first class mail, postage prepaid, at its New York office and (iii) to The Depository Trust Company (the &#8220;Depositary&#8221;) by telephone or facsimile confirmed by mailing such notice to the Depositary by first class mail, postage prepaid.&#160;&#160;Any notice that is mailed to a registered holder of the Securities in the manner herein provided shall be conclusively presumed to have been duly given to such registered holder, whether or not such registered holder receives the notice.&#160;&#160;The Issuer shall give such notice as promptly as possible, and in no case later than (i) with respect to notice of postponement of the Maturity Date, the business day immediately preceding the scheduled Maturity Date and (ii) with respect to notice of the date to which the Maturity Date has been rescheduled, the business day immediately following the Final Observation Date as postponed.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In the event that the Securities are subject to Automatic Call, the Issuer shall, (i) on the business day following the applicable Observation Date, give notice of the Automatic Call and the applicable automatic call payment, including specifying the payment date of the applicable amount due upon the Automatic Call, (x) to each registered holder of the Securities by mailing notice of such Automatic Call by first class mail, postage prepaid, to such registered holder&#8217;s last address as it shall appear upon the registry books, (y) to the Trustee by facsimile confirmed by mailing such notice to the Trustee by first class mail, postage prepaid, at its New York office and (z) to the Depositary by telephone or facsimile confirmed by mailing such notice to the Depositary by first class mail, postage prepaid and (ii) on or prior to the Automatic Call Date, deliver the aggregate cash amount due with respect to the Securities to the Trustee for delivery to the Depositary, as holder of the securities.&#160;&#160;Any notice that is mailed to a registered holder of the Securities in the manner herein provided shall be conclusively presumed to have been duly given to such registered holder, whether or not such registered holder receives the notice. This notice shall be given by the Issuer or, at the Issuer&#8217;s request, by the Trustee in the name and at the expense of the Issuer, with any such request to be accompanied by a copy of the notice to be given.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The Issuer shall, or shall cause the Calculation Agent to, (i) provide written notice to the Trustee and to the Depositary of the amount of cash, if any, to be delivered with respect to the Securities, on or prior to 10:30 a.m. (New York City time) on the business day preceding the Maturity Date, and (ii) deliver the aggregate cash amount due with respect to the Securities, if any, to the Trustee for delivery to the Depositary, as holder of the Securities, on or prior to the Maturity Date.</font></FONT></P>
                <P style="margin-top: 11.0pt; margin-bottom: 0; "><FONT style="font-size: 8.0pt; font-family: Arial, sans-serif; "><font style='white-space: pre-wrap;'>&nbsp;</font></FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 39.60pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>20</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="page-break-after: always; border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
        <DIV style="margin: auto; width: 673.20pt; padding: 36pt 0; ">
            <DIV style="width: 546.48pt; padding: 39.60pt 63.36pt 0 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; ">&nbsp;</FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 10pt 63.36pt 10pt 63.36pt; position: relative; margin-bottom: 20pt; ">
                <TABLE width="100.00%" style="background-color: #788D41; margin-left: -3.96pt; width: 100.00%; table-layout: fixed; border-collapse: collapse; ">
                    <TR>
                        <TD width="554.40pt" style="width: 554.40pt; border: 0; margin: 0; padding: 0; height: 0; ">
                        </TD>
                    </TR>
                    <TR style="vertical-align: top; ">
                        <TD style="padding-top: 0.0pt; padding-left: 3.96pt; padding-right: 3.96pt; padding-bottom: 0.0pt; background-color: #788D41; ">
                            <P style="margin-top: 3.3pt; margin-bottom: 3.3pt; text-align: left; "><FONT style="font-weight: normal; font-size: 7.5pt; font-family: Arial, sans-serif; "></FONT><FONT style="font-family: Arial, sans-serif; color: #FFFFFF; font-size: 9.0pt; font-weight: bold; "><font style='white-space: pre-wrap;'>Additional Information About the Securities</font></FONT></P>
                        </TD>
                    </TR>
                </TABLE>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Use of Proceeds and Hedging</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>The proceeds from the sale of the Securities will be used by us for general corporate purposes.  We will receive, in aggregate, $10 per Security issued, because, when we enter into hedging transactions in order to meet our obligations under the Securities, our hedging counterparty will reimburse the cost of the Agent&#8217;s commissions.  The costs of the Securities borne by you and described on page 2 above comprise the Agent&#8217;s commissions and the cost of issuing, structuring and hedging the Securities.  See also &#8220;Use of Proceeds&#8221; in the accompanying prospectus.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; background-color: #FFFFFF; "><font style='white-space: pre-wrap;'>On or prior to the Trade Date, we will hedge our anticipated exposure in connection with the Securities, by entering into hedging transactions with our affiliates and/or third party dealers.  We expect our hedging counterparties to take positions in the constituent stocks of the Index, in futures or options contracts on the Index or the constituent stocks of the Index, as well as in other instruments related to the Index that they may wish to use in connection with such hedging.  Such purchase activity could potentially increase the Initial Level, and, as a result, the level at or above which the Underlying must close on any Observation Date for the Securities to be called, or the Downside Threshold, which, if the Securities are not called, is the level at or above which the Underlying must close on the Final Observation Date so that you do not suffer a significant loss on your initial investment in the Securities.  In addition, through our affiliates, we are likely to modify our hedge position throughout the life of the Securities, including on the Final Observation Date, by purchasing and selling the Underlying, futures or options contracts on the Underlying, or any other securities or instruments that we may wish to use in connection with such hedging activities, including by purchasing or selling any such securities or instruments on the Final Observation Date.  As a result, these entities may be unwinding or adjusting hedge positions during the term of the Securities, and the hedging strategy may involve greater and more frequent dynamic adjustments to the hedge as the Final Observation Date approaches.  We cannot give any assurance that our hedging activities will not affect the value of the Underlying, and, therefore, affect the value of the Securities, whether the Securities are called, or the payment you will receive at maturity, if any, if the Securities are not called.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Supplemental Plan of Distribution; Conflicts of Interest</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>MS &amp; Co. is the agent for this offering.  We have agreed to sell to MS &amp; Co., and MS &amp; Co. has agreed to purchase, all of the Securities at the issue price less the underwriting discount indicated on the cover of this document.  UBS Financial Services Inc., acting as dealer, will receive from MS &amp; Co. a fixed sales commission of $0.25 for each Security it sells.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>MS &amp; Co. is our affiliate and a wholly owned subsidiary of Morgan Stanley, and it and other affiliates of ours expect to make a profit by selling, structuring and, when applicable, hedging the Securities.  </font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>MS &amp; Co. will conduct this offering in compliance with the requirements of Rule 5121 of the Financial Industry Regulatory Authority, Inc. (&#8220;FINRA&#8221;), regarding a FINRA member firm&#8217;s distribution of the securities of an affiliate and related conflicts of interest.  MS &amp; Co. or any of our other affiliates may not make sales in this offering to any discretionary account.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In order to facilitate the offering of the Securities, the agent may engage in transactions that stabilize, maintain or otherwise affect the price of the Securities.  Specifically, the agent may sell more Securities than it is obligated to purchase in connection with the offering, creating a naked short position in the Securities, for its own account.  The agent must close out any naked short position by purchasing the Securities in the open market.  A naked short position is more likely to be created if the agent is concerned that there may be downward pressure on the price of the Securities in the open market after pricing that could adversely affect investors who purchase in the offering.  As an additional means of facilitating the offering, the agent may bid for, and purchase, the Securities or the constituent stocks of the Underlying in the open market to stabilize the price of the Securities.  Any of these activities may raise or maintain the market price of the Securities above independent market levels or prevent or retard a decline in the market price of the Securities.  The agent is not required to engage in these activities, and may end any of these activities at any time.  An affiliate of the agent has entered into a hedging transaction with us in connection with this offering of Securities.  See &#8220;&#8212;Use of Proceeds and Hedging&#8221; above.</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-weight: bold; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>Validity of the Securities</font></FONT></P>
                <P style="margin-top: 6.6pt; margin-bottom: 6.6pt; line-height: 10.0pt; "><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>In the opinion of Davis Polk &amp; Wardwell LLP, as special counsel to MSFL and Morgan Stanley, when the Securities offered by this pricing supplement have been issued by MSFL pursuant to the MSFL Senior Debt Indenture (as defined in the accompanying prospectus), the trustee and/or paying agent has made, in accordance with the instructions from MSFL, the appropriate entries or notations in its records relating to the master note that represents such Securities (the &#8220;master note&#8221;), and such Securities have been delivered against payment as contemplated herein, such Securities will be valid and binding obligations of MSFL and the related guarantee will be a valid and binding obligation of Morgan Stanley, enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency and similar laws affecting creditors&#8217; rights generally, concepts of reasonableness and equitable principles of general applicability (including, without limitation, concepts of good faith, fair dealing and the lack of bad faith),&#160;</font></FONT><FONT style="font-family: Arial, sans-serif; font-style: italic; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>provided</font></FONT><FONT style="font-family: Arial, sans-serif; font-size: 8.0pt; "><font style='white-space: pre-wrap;'>&#160;that such counsel expresses no opinion as to (i) the effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law on the conclusions expressed above and (ii) any provision of the MSFL Senior Debt Indenture that purports to avoid the effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law by limiting the amount of Morgan Stanley&#8217;s obligation under the related guarantee.&#160;&#160;This opinion is given as of the date hereof and is limited to the laws of the State of New York, the General Corporation Law of the State of Delaware and the Delaware Limited Liability Company Act.&#160;&#160;In addition, this opinion is subject to customary assumptions about the trustee&#8217;s authorization, execution and delivery of the MSFL Senior Debt Indenture and its authentication of the master note and the validity, binding nature and enforceability of the MSFL Senior Debt Indenture with respect to the trustee, all as stated in the letter of such counsel dated September 23, 2025, which was filed as an exhibit to a Current Report on Form 8-K by the Company on September 23, 2025.</font></FONT></P>
            </DIV>
            <DIV style="width: 546.48pt; padding: 0 63.36pt 39.60pt 63.36pt; min-height: 39.60pt; position: relative; ">
                <P style="text-align: right; margin-top: 0; margin-bottom: 0; "><FONT style="font-family: Arial, sans-serif; font-size: 7.5pt; "><FONT>21</FONT></FONT></P>
            </DIV>
        </DIV>
        <DIV style="border-bottom: 1pt solid black; ">
            <P></P>
        </DIV>
    </BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>2
<FILENAME>ex-filingfees.htm
<DESCRIPTION>EX-FILING FEES
<TEXT>
<XBRL>
<?xml version='1.0' encoding='ASCII'?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:ffd="http://xbrl.sec.gov/ffd/2025" xmlns:dei="http://xbrl.sec.gov/dei/2025" xmlns:ms="http://morganstanley.com/20251126">
<head>
     <title>EX Filing Fees</title>
<meta http-equiv="Content-Type" content="text/html"/>
</head>
<!-- Field: Set; Name: xdx; ID: xdx_027_FFD%2D2025 -->
<!-- Field: Set; Name: xdx; ID: xdx_039_ms_morganstanley.com_20251126 -->
<!-- Field: Set; Name: xdx; ID: xdx_048_20251126_20251126 -->
<!-- Field: Set; Name: xdx; ID: xdx_05C_edei%2D%2DEntityCentralIndexKey_0000895421 -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_065_Ratio_4_xbrli%2D%2Dpure -->
<body style="font: 10pt Arial, Helvetica, Sans-Serif">
<div style="display: none">
<ix:header>
 <ix:hidden>
  <ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000003" name="dei:EntityCentralIndexKey">0000895421</ix:nonNumeric>
  </ix:hidden>
 <ix:references>
  <link:schemaRef xlink:href="https://xbrl.sec.gov/ffd/2025/ffd-2025.xsd" xlink:type="simple"/>
  </ix:references>
 <ix:resources>
    <xbrli:context id="AsOf2025-11-26">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000895421</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2025-11-26</xbrli:startDate>
        <xbrli:endDate>2025-11-26</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="Ratio">
      <xbrli:measure>xbrli:pure</xbrli:measure>
    </xbrli:unit>
  </ix:resources>
 </ix:header>
</div>


<p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><b><span id="xdx_90B_effd--FeeExhibitTp_c20251126__20251126_za3Wzi37n7u7"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000009" name="ffd:FeeExhibitTp">EX-FILING FEES</ix:nonNumeric></span></b></p>

<p style="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><b>CALCULATION OF FILING FEE TABLES</b></p>

<p style="font: 11pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 6pt; margin-bottom: 6pt"><span id="xdx_908_effd--FormTp_c20251126__20251126_zaaiRPid8DAh" style="font-family: Times New Roman, Times, Serif; font-size: 12pt"><b><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000010" name="ffd:FormTp">S-3</ix:nonNumeric></b></span></p>

<p style="font: 12pt/14pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><b><span id="xdx_90F_edei--EntityRegistrantName_c20251126__20251126_zulvHSHdtuo"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000011" name="dei:EntityRegistrantName">MORGAN STANLEY</ix:nonNumeric></span></b></p>
<p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 6pt; margin-bottom: 6pt"></p>

<p style="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; visibility: hidden; text-indent: 0in"><span style="visibility: hidden; font-family: Times New Roman, Times, Serif; font-size: 10pt">Submission
Type: <span id="xdx_90A_effd--SubmissnTp_c20251126__20251126_znOghfIqELPc" style="visibility: hidden"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000012" name="ffd:SubmissnTp">424B2</ix:nonNumeric></span></span></p>

<p style="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; visibility: hidden; text-indent: 0in"><span style="visibility: hidden; font-family: Times New Roman, Times, Serif; font-size: 10pt">SEC
File No. <span id="xdx_90E_effd--RegnFileNb_c20251126__20251126_zMPSvY65Ete9" style="visibility: hidden"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000013" name="ffd:RegnFileNb">333-275587</ix:nonNumeric></span></span></p>

<p style="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; visibility: hidden; text-indent: 0in"><span style="visibility: hidden; font-family: Times New Roman, Times, Serif; font-size: 10pt">Final
Prospectus: <span id="xdx_904_effd--FnlPrspctsFlg_c20251126__20251126_zHoePI0AF4lk" style="visibility: hidden"><ix:nonNumeric contextRef="AsOf2025-11-26" format="ixt:booleantrue" id="Fact000014" name="ffd:FnlPrspctsFlg">True</ix:nonNumeric></span></span></p>



<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0; visibility: hidden"><span><span id="xdx_909_effd--OfferingTableNa_c20251126__20251126_zzTjZHdZ1mOj"><span id="xdx_90E_effd--OffsetTableNa_c20251126__20251126_zLsfJXcGUzG1" style="visibility: hidden"><span id="xdx_90C_effd--CombinedProspectusTableNa_c20251126__20251126_zomX22Kae3L2"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000015" name="ffd:OfferingTableNa"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000016" name="ffd:OffsetTableNa"><ix:nonNumeric contextRef="AsOf2025-11-26" id="Fact000017" name="ffd:CombinedProspectusTableNa">N/A</ix:nonNumeric></ix:nonNumeric></ix:nonNumeric></span></span></span>&#160;</span></p>



<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0"></p>

<hr style="border-width: 0; color: Gray; background-color: Gray; height: 1px; width: 100%; margin-top: 3pt; margin-bottom: 3pt"/>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 15pt; margin-bottom: 0pt"><span style="font: bold 12pt Times New Roman, Times, Serif">Narrative Disclosure</span></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
maximum aggregate offering price of the securities to which the prospectus relates is $<span id="xdx_900_effd--NrrtvMaxAggtOfferingPric_c20251126__20251126_zxZY6TpfG6oi"><ix:nonFraction name="ffd:NrrtvMaxAggtOfferingPric" contextRef="AsOf2025-11-26" id="Fact000018" format="ixt:numdotdecimal" decimals="0" unitRef="USD">14,940,850.00</ix:nonFraction></span>. <span id="xdx_90D_effd--NrrtvDsclsr_c20251126__20251126_z56CqETInmtf" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><ix:nonNumeric contextRef="AsOf2025-11-26" escape="true" id="Fact000019" name="ffd:NrrtvDsclsr">The
prospectus is a final prospectus for the related offering.</ix:nonNumeric></span></span></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#160;</span></p>

<p style="margin: 0"></p>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 6pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->



<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjV0KwkAMhE/QO4R9lv4qSh8tKmKVUkR8XWyUxXZTsutPj+Qt3baIIRDCzDcjxERsaK1qZDgvyxyO2LS1tAglXpFRX9A5su0uBXdLvCljWWo7vD8wI8egY2Z+nEgnDNanMlilEM6DaBHEUwiTNIqh2Auv1zPSV1WhtkrWIHUFBVPLCq3kbkw4yjdparqh6oRsFOkUIj8c5Q/Eocs70FO+iO8G8jwT3mQYT2yYHq1zrd4WdU/CqsbG1ZmR/q/3BQhMSo8= -->
</body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image1.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image1.gif
M1TE&.#EAR #X O<      %-4.75U=9F<::>J<K2W>[RW?+N]?L*Y?,FY?-:_
M?K2WA+RW@[R^@K2WC+RWC;6[B;2WD[RWD[2\E;2XF;RXF:VMK;2XIKRXIK2^
MJK2^LK2_N[R_N\*XA,J[@LFXC-:_A-:_B<N[E,FZF,*XD]:_E<*ZILF[ILF_
MJL._LKO%E;G(HK7%M;K%O<S%@\+%BLG*C-+%@]S&@]?+C-S+C,++GMS&E='%
MF>++A>++B^C1CN++E>++F^[7D^;2F.W7FN+6D_/=GM'&I-; J-W7I,K&L,+
MN\G N];'O>+,IN+,KN?2H.O;I>?2K.[7J//=HN?4O>[8NO/CIOCCIO3CJOCC
MJN'CMN'CN^[BLO3HMOKILOCCN?3IO_[ON[7&QKO+QKS,S;7+T;[+T;O1V;S7
MX\K'QM',P<+1PL+1S<K,T<3,T<+2U<_<TL+7W\_2V<_=VM?2TM+8UMG9V>+2
MPN/;S.[>S>[=Q./>W,KBS>'CR/WOPO3DS/CDR?[OS>[SS_[SQO[TSNCCW_CI
MU/3JW_CKW/[TU?7XT?_YT?[TV__ZV\37X\G<X\/=Z<O=Z='8X]W>Y,_BY,KC
M[-OCX]?IY-'H[=SNZLGC\,_I\]'C\-SD\-;N]=SL]-;O^=WO^=SS^N+MY._I
MXNKK[/3OZ?SRYO_]X_SU[O_^[/7]X^+M].CO]>[P]>[^\.;T^^KQ^N+Y_>[]
M_O7T\O__\?3U^_3^_____P
M
M
M
M
M                     "'Y!       (?\+26UA9V5-86=I8VL.9V%M;6$]
M,"XT-30U-#4 +     #( /@"  C_ &D!&$BPH,&#"!,J7,BPH<.'$"-*G$BQ
M(*V+& $4V,BQH\>/($.*'$FRI,F3*%.J7,ER(P",&5O*G$FSILV;.#N^A"DP
MI\^?0(,*%;D3IL:A2),J74JR:$RF4*-*]>GTXM&I6+-J+5FUY]:O8+=VO1JV
MK-FD8\^J7?LS+=NW<%NZC4NW[LBY=O/JQ:NW;UR^?@.K!2RX,%C"AA-C1:RX
M,5/&CB,/A2RY,E6>7BUK%DIYLV>YF,E^'DVS,^G334.C7LW2-.O7+E7#GGU7
M-NW;'EWC)JU[]^?>OC<##VYY.'')QH\[3JY<,?/FAI]K#3,+9A<#)"-HHG4=
M9 1.&!$1_\'N,4(</PDB2]]*O7O)[]S)EP??I<+V(!\WO#J4?KGMP.T90 8M
M@K#2@P:N7)1%!XK,8DHKW%5 B8((; 3?==21$L,8%YD"18*TD!+"&M45$D-A
MZV5E0( #)J)  2H@<($KL=3A8!*><*<(+5MP$DL/%M)G@'ZQX*#"BK.0@L1^
M";"PGR/Q"99B5BS2PE\!7[R"42E)E@!>'YW -$60\>EGR@Z+5$=++',P.2!&
M5P8V)59AQ#<@?]_%$D6"I83H)2U@TC)F1Q<BJ>0KI,#A8)N%)'!G?RC^YU>5
M_,U(RYZT$/)*+#CJ2 L@'GP!!)GUW0=&DHK&HH0K_)F90P96R/_7UYQ349K
M M05D@DM5;219"H10E+BB07 =U$AXSD0"2U[;)H#B:;D (:6IO@0*4^B07<:
MK=K6Q6VW?TD*[F_BCBM<N>86AVZZR*W+KG_8ODMNO/*>2V^]ZMZ+;[OZ[@NO
M4?Y6]FW 6@U,\&+N'KQ7P@K;97##4#T,\5(23XP6PQ:_57'&G&',\6 >?VS6
MQB)?UF_)X9Z,LL8AKRQ6RRYG17+,I<%,LU0SWPR:RCJ'E7//*OT,-$IC563T
MT4@GK?323!N$V=-01RWUU%17;77575VM]=9<=^WUUV"'#7;68I=M]MEHIZUV
M1FNW[?;;<+]-=MQTUVWWW0+AK??>?*?_/7??@ <NN%&#%V[XX'\?KOCB:B?.
M^..0>^UXY)17+O7DEF>N.>::=QXYYYZ'KCCHHI<N..FFI[XWZJJW7C?KKL?N
M-NRRUXXV[;;G'C;NNO?.->^^!X^U\,2W#7SQR!.>_/*[,^^\Y,]'K_7QTOM.
M??6Z7X^][=IO+WOWWKL.?OBJCT^^Z>:?+WKZZGO.?ON;P[_]^_)73G_]G^,O
M_?WZ,\Y__Z,#(/+D0$ Y *" H1"@[P2 $#DHL'<&-(@ 'KA @SB0@KJ+X$ F
MB,'>,7 @%^Q@[B+(01'JCH$A-*'MY%!"\C7MA3",H0QGJ!"H96MH!;,A#LM"
MMAON<"H]_.%A_W0HQ)<]S8=%? P1DXBP(S)19DM\8E2"*$6<1;&*%+LB%B_F
MQ"TJL8M>5 H5P\A%FY&Q-5H\8UO2J,:<C+&-0'DC'$UFQCF:1(YVO D>\UB3
M/?)Q)G[\X\[J*$B0!+*006,C(A,)QD7*Y)".O*,B(RG)1E*2D82D)"0O291)
M<K*3EOQD)3,9R4V*,C>>/"4J0ZE*4)+2D:9L90%BV4I:JM*6I\2E*'7Y25YR
MTI>7!*8F4RG+61)3EL(LY3%KN<Q;-C.7S]QE-'LYS5]6,YC7'"8KB[G*5RXR
MF;#,IC*WR4V.@/.;X@PG.<MIS'66\YR(A&<AY2E(>O[1GGS$9Q[U:?]'?L[1
MGW $:!L%JD:"GM&@9$1H&!7J189NT:%8A&@5)2I%BC[1HDS$:!(U6D1]&HL6
MB)A!2?3CGI&05%8JH<!V#E$$20P*-AX%SQ0>9186S6(**)U*3LO(,YIHAU<#
MZ@(#2$0+$TU@0HF $"%FT04Q.$@5W.F )6@QBDW]H 6OT ,FJ&K5 K  0J!P
M$ XVXH"M%C4.:K*.A!1DA%<D A7NF<"R8I$%!%#'%,#J @)8P I:5(LC6#V$
M!P9$!:*:J !CJ(XIFN"C0)SB11US9TL^6B3]' )*7=C1'U*0($UUX51L<M:R
M+FNE%&1UJZ0]A C \P02%8FL+UC LIK*5 '_":H  ]K"=NJ@)2!M9 %3K<*
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M*"D=>XH4K%Z$%#NXR9L Y8*RS"@63-@I%!^-S&K/T]^Y9@-Z1C*@1H?$4E5
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M=K(F>Q(+SI<#;W9; P(("0 &IV:&V8>&(>)]4R:(L=<1#G  +\A>=_8$D0"
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M%_&7M98%#0D3P=:9]CB9#%!P=JECL7"E7@4A]6@ 6\>*1LB-(M"&WGB4CJD
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69KAAAQ^&.&*))Z:X8HLOCGBF@   .P$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image2.gif
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image2.gif
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MO\?'Q\O+R\_/S]/3T]?7U]_?W^?GY^_O[_?W]_O[^____P
M                                                 "'Y!
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M#F(?(A]RB(D:9)1HXHDHIJCBBBRVZ.*+,,8HXXPTUFCCC3CFJ...//;HXX]
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M*6 Z% C!"EKP@AC,X$CRUPX*:O"#( RA"$>8#@FBPX,D3*$*5\C"%A+#A.=
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M[[K8A9SU7VQ][&CO[]?''/:TN[W%9??%V=].=_0R^LA/K[O>&WQW+N?^?>^
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M:DMMUBB!T@:AS*%@A44KTG4\0Z@<RFN(O< 0B%JAUX; U_=,R'_=;)C*U(C
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M2MRX5=HBTH14HXL3#<9-$Z701(EB5@[VQ@V0I*=FH[*HM0@($<VB!FZ%&N+
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M+*A!B6,2(C)$BD^2!JM@&0L_AN('!V+HDVI!N5'0C&8'%4M:0L',52C+"PX
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M$SJGA!9U&=<3?RIY%\67%7J&)U2GA :-":"HFL2'X-AIC JDG8JE]@4SP@(
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M# GHBQS)QNB+E$Z.,T>R'OZFF'SC %(H>@__P%.[BZ!/&HCK$@&8!2!!B0D
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M6X]:Y?[VLEL]9A=Z6^"^1G.T-\WPACMC.Z/^0D2+ZH*U4:@7TP[/A9Z],HD
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MFT=^%E-QXW .*W(%0Y"!RY!Z3_-QD/!Z!P$-[755!M2!U=-%7Y)__#=W>[>
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MVYE#&[RW$S6TT13^)J>7L$0%EW$0/_ -34MS.L!<D] 0!&&E#RD$=<@(>P$
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M@WSL# %"L:\\R^OBQZ[!#VN@ C,0'Z-Q!H0L4S:HQ(H\"$K I:#0&=*5R&_
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M8'2 ZG!I<-123TUUU59?C776\F2A+)NOXDD45I$L)XF0.LX@([.3: S0<48
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M\3&3'B+PK/%:PQ4^"P:RH=(1S>(MADZ;6(5D1JC;DZUWOPO>\(K7-8 [@P-
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M%MFW?1>R"&<!?F<A><@'2N4'?^A7%DPG=$/G>"\W=!\W="1G"#FG<RDW="\
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M T9:()L7.@K9B7BE"C%Z=P;W^B7YZJ\IJ[(KR[(*D3$B.S4:0D5@Y B=!2A
M(CB\APH.^W]$>@S^Q&9 0@<H'JLC9T!3CDH*&1LU8)0% +90#+N2A]JR4TNU
M56NU\H!+G2.SM*"-!G@..2$4<:.S(O4"L@>7WF&( $!ZIA8)(E-#T3(N-@8
MK&H,2FLPLMDQ3GLN2H%I5^NW?PNX@5N><?.'4K.U@[ &->0(7[&VP$0%S 8
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M;VS1B^W:KPW;OM$KH6-IO*(!P')"(GW-9^G"U 86_*7-]7/7R,!@HFT(G L
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M#Z<'::I"0)!D!'89#FI!OR?TM-F,8\(#X]EB'L4Y+H&2!;@%(<)>WKB$,8/
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M  RB :UD>IY0+FBX,#N7"$># Q_9*BC9"\+BD"I&DQ@YD>-1D4])E56I+V6
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MK3.+L_18$T/@$V1:!>*% QW #NAW7*UP3(2"8Z!S!FR KH30<8%Y""EG!&A
M6EC3)AUAD*^RLN,& &CR$5F@(4*9LX2Z(DB"L&.+MH4H0XNA 3I0$QW1(5>
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ML*#!@P@3*ES(R$F3+ QCM7H5L:+%BQ@S:MS(L2,E8L5\9,&0#IRA*\6\L ,
MHIL212L!K %9C)E'3]32%3.B3R< :(6R%(-XLZC1HYJ,W#/4$P>88E &*07@
M ZG5JUBS:EUH"M762!-A?1U+MJS9LVC3%FI30ID&90Z*.4 D%$#.'VGB'DO4
MK]B;NL5*L%&;"*5/N'+3 25DF"CAQY![=<-'J"< =$2[%8G,N;/GSPG^'3KF
M'!:TZ=.H4ZM^O.:M3R?%0-#5:>2-F-&'^LZ-64Q#&\YEVBJK0$.,&IJ]L] 8
MHFSQH&[.5TN?C@BZH0[*5*1\7BP,]>_@PX?O^KFT^//HTZM?OPG*X1MMWO)
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MN] $QT8(+J!S;R!J25(O@^ _%? !/B5S_* ,-- -%3!88D &RM. AJ#^3H)
M!F\Q*H:@1!#W%P2X"'MU<P3A@4W )F2C;:4W"&]1@"Z8#J  21 E: !Q&"K&
M@Z0"8 ^(AWPH"3@833K8AX*H"@!3>6UQ+(V5!6< #J'B '7B3HS00BYP3@+C
M-7'!3"2F$R\@7I+4!E%0# 1E"""!>#(W00G!>6)2##A0?#YA$V70!+SC4ND
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MJ/4G>Q 18R]",-Z8H4L$"023!FL@9F$H"2N1H_=):X1 $_9Y$W=*"'[7EXX
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M+#?>YXP09HP>W]5\"<K@XFN^"''AJG'AXF]@Y)B>Y)>.")F^YS#^Z+?"S8D
MJ@3]5.\(%#U*ZNCCIJY>X5XAZ=A=Z8J@YX<0 =<]"+AN"%/^!KU>"+K.Y)7
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MF>F ("H 4"QBSB!-5+(&"!UL"W#$$D],<<61B&N7OQ9OS)9W,CG8P1MM9 H
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MQG/^J8 1&<UB"P".60N2@C]7QB;LP4BW[?;;<,<M=] <H^;Q3/JF:M>!DY2
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M 0#X<"BPG.4(O$$"I 'R(/ A  =(X T."#$ %*"+(JN$5*N8!+VXP0:)>D*
M_*2RGO?,YSXS \?^Q0"9ED&Q"D5<F,>"*#0A\$& -A>8)0NLQ&"Y(38 3)H0
M:8A3D_W,Z4Y[^M.C #0Q!-!H4>!#S#T&@)?1# !4$T+0N7!S2B+=L'A4CS$V
M],(5]B$5#705U, .MK#Y;.5?7+C4H<#'H,><94' >A'X8#,N9(T26D^B2Z00
M Q5^30RIE,$'ASA#&PX2BS2I;-CH3K>Z9RQJ82A;S:M8]AN>K>$1"X+#\G[#
ML6/]Z)58^\FD,-RF>9&1VPFK:A+1  <FL1RM&'/=$(^XQ+7;[F \M!*NIA2B
M%\'?#'-\X[6@]DG^35FKS9,8HSD61:3X5Z%J/)(3C[G,9P[:8ONB<0[^6+6^
M089LC7^BXR!W<M!G(7*3M!QGW%Y$]9+<"^YT!3)/)!<E?O EFEO]ZEB?:\6!
MH>A4:]GCB@#ZSX?^S7ZK)*B9&#BF)Y%=7TA]L(6:TP0RT<.39_WN>,][3;>>
MC&@/ NQ"3S39?5X*-9#A\(CG0@E8X 7$._[QD(^\Y"=/^<I;/O)PSD0)+@_N
M27#A\J!W_!S?@5HYD:$,?.T;%@[!@]"[_O6PC[WL9T_[VMO^]KC/O>YWS_O>
M^_[WP ^^\(=/_.(;__C(3[[RE\_\YCO_^="/OO2G3_WJ6__ZV,^^]K<O?)LC
M(\. _SN/PR]X61B!'.B76@5&P(/TN__]\(_^O_SG3__ZSQ]P%[]V_>?>M_>[
MP/[DH!OPEWH0M7 (10XE,%R4X  C< @= ( 0&($2.($46($6>($ *( 8N($<
M&( :V($@&((B.((DB'X?6((HF((JN((LV(+O=X(N&(,R.(,T6(,V>(,M"(,X
MN(,\V(,^^(- &(03J(-"6(1&>(1(&()\EPP9!C(_5VI.Z!2#%W!FIQ(_T 'B
M1AE[Q B^E$ZVH%N -0CD0AJ,P3]Z=X9HF(;BM(3?AVCTMFCV-F_-!FUQ> NY
M(5XST3 H@FV?L#->2 M@D'^4H#>,D0440 E;J(:*N(B,:$C>9PQSAVQ8EF^G
M)@B3"&*M%FNZ\5K^,1$J3; 4,I4%.  /E:!V_!!GFJ<(^9$SQ.%-C?B*L!B+
M0<1(QW (.@>'J*9LC(!OEIB)B\"+TU:%+<%760"*1K4ZE7!>N: O); F%= J
M7@ "L4 <>2:+UGB-V/@^C[@+?K<( C"'@K=LI"%TRZ9C4T@*1:<2DU4&2S$B
MR8$C4A$GRE@+9) (:P,&"<-T@T <IIB-_OB/ 'DTM&@,AY8 6J9F/2>'679F
M:?:-KL9A'N9E:78(TA:,>"@3@V-X9D(([',XAZ O$*,+X%(C^)(P9J@(GW$^
M ;F2+-F2&;.-NS !WY@)&>=L_I"0"ED).!ERPL@2Q*$&%@4/94 %5D3^&4WP
M+$#S<*,P>@ 08PF30(RP!A2ACRY9E59YE;$RD,@ ;R-V9I[ E20&8B(6EHYV
MD3%1/FIP(& S%I5#&56@ T_6!AW@ &4 !;=#"KKE-26B 32  TDG"&S B5@Y
MF(19F$H"DVZ1CBD!'FEI)B4BB/0A$3$F%!F@/0&7/0  %2W2%8;9F9[YF?;S
MAP1FEC 1(XU)'[&#86( +@B4"2ZF"&"H)E#$+*!9F[9YFQZ"F&VAF"AA46I
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,JES)LJ7+ER8# 0 [

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>6
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.3</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Submission<br></strong></div></th>
<th class="th"><div>Nov. 26, 2025</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_SubmissionLineItems', window );"><strong>Submission [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Central Index Key</a></td>
<td class="text">0000895421<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Registrant Name</a></td>
<td class="text">MORGAN STANLEY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_RegnFileNb', window );">Registration File Number</a></td>
<td class="text">333-275587<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FormTp', window );">Form Type</a></td>
<td class="text">S-3<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_SubmissnTp', window );">Submission Type</a></td>
<td class="text">424B2<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeeExhibitTp', window );">Fee Exhibit Type</a></td>
<td class="text">EX-FILING FEES<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OfferingTableNa', window );">Offering Table N/A</a></td>
<td class="text">N/A<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_OffsetTableNa', window );">Offset Table N/A</a></td>
<td class="text">N/A<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_CombinedProspectusTableNa', window );">Combined Prospectus Table N/A</a></td>
<td class="text">N/A<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_CombinedProspectusTableNa">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_CombinedProspectusTableNa</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:naItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FeeExhibitTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FeeExhibitTp</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:feeExhibitTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FormTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FormTp</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OfferingTableNa">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OfferingTableNa</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:naItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_OffsetTableNa">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_OffsetTableNa</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:naItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_RegnFileNb">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_RegnFileNb</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_SubmissionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_SubmissionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_SubmissnTp">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_SubmissnTp</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.25.3</span><table class="report" border="0" cellspacing="2" id="id2">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Fees Summary<br></strong></div></th>
<th class="th">
<div>Nov. 26, 2025 </div>
<div>USD ($)</div>
</th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FeesSummaryLineItems', window );"><strong>Fees Summary [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_NrrtvDsclsr', window );">Narrative Disclosure</a></td>
<td class="text">The
prospectus is a final prospectus for the related offering.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_NrrtvMaxAggtOfferingPric', window );">Narrative - Max Aggregate Offering Price</a></td>
<td class="nump">$ 14,940,850.00<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_ffd_FnlPrspctsFlg', window );">Final Prospectus</a></td>
<td class="text">true<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FeesSummaryLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FeesSummaryLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_FnlPrspctsFlg">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_FnlPrspctsFlg</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_NrrtvDsclsr">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_NrrtvDsclsr</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dtr-types:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ffd_NrrtvMaxAggtOfferingPric">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ffd_NrrtvMaxAggtOfferingPric</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ffd_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>ffd:nonNegative100TMonetary2ItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
.report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

.report table.authRefData a {
	display: block;
	font-weight: bold;
}

.report table.authRefData p {
	margin-top: 0px;
}

.report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

.report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

.report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

.report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
.pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
.report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

.report hr {
	border: 1px solid #acf;
}

/* Top labels */
.report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

.report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

.report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

.report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

.report td.pl div.a {
	width: 200px;
}

.report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
.report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
.report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
.report .re, .report .reu {
	background-color: #def;
}

.report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
.report .ro, .report .rou {
	background-color: white;
}

.report .rou td {
	border-bottom: 1px solid black;
}

.report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
.report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
.report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

.report .nump {
	padding-left: 2em;
}

.report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
.report .text {
	text-align: left;
	white-space: normal;
}

.report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

.report .text .more {
	display: none;
}

.report .text .note {
	font-style: italic;
	font-weight: bold;
}

.report .text .small {
	width: 10em;
}

.report sup {
	font-style: italic;
}

.report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.25.3</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>12</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>4</UnitCount>
  <MyReports>
    <Report instance="ex-filingfees.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>995210 - Document - Submission</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://xbrl.sec.gov/ffd/role/document/submissionTable</Role>
      <ShortName>Submission</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="ex-filingfees.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>995215 - Document - Fees Summary</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://xbrl.sec.gov/ffd/role/document/feesSummaryTable</Role>
      <ShortName>Fees Summary</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="EX-FILING FEES" original="ex-filingfees.htm">ex-filingfees.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy items="2">http://xbrl.sec.gov/dei/2025</BaseTaxonomy>
    <BaseTaxonomy items="10">http://xbrl.sec.gov/ffd/2025</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>false</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>13
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "version": "2.2",
 "instance": {
  "ex-filingfees.htm": {
   "dts": {
    "inline": {
     "local": [
      "ex-filingfees.htm"
     ]
    },
    "schema": {
     "remote": [
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/lrr/arcrole/deprecated-2009-12-16.xsd",
      "https://www.xbrl.org/dtr/type/2024-01-31/types.xsd",
      "https://xbrl.sec.gov/dei/2025/dei-2025.xsd",
      "https://xbrl.sec.gov/ffd/2025/ffd-2025.xsd"
     ]
    }
   },
   "keyStandard": 12,
   "keyCustom": 0,
   "axisStandard": 0,
   "axisCustom": 0,
   "memberStandard": 0,
   "memberCustom": 0,
   "hidden": {
    "total": 1,
    "http://xbrl.sec.gov/dei/2025": 1
   },
   "contextCount": 1,
   "entityCount": 1,
   "segmentCount": 0,
   "elementCount": 107,
   "unitCount": 4,
   "baseTaxonomies": {
    "http://xbrl.sec.gov/ffd/2025": 10,
    "http://xbrl.sec.gov/dei/2025": 2
   },
   "report": {
    "R1": {
     "role": "http://xbrl.sec.gov/ffd/role/document/submissionTable",
     "longName": "995210 - Document - Submission",
     "shortName": "Submission",
     "isDefault": "true",
     "groupType": "Fee_Exhibit",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "1",
     "firstAnchor": {
      "contextRef": "AsOf2025-11-26",
      "name": "dei:EntityRegistrantName",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ex-filingfees.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-11-26",
      "name": "dei:EntityRegistrantName",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "b",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ex-filingfees.htm",
      "first": true,
      "unique": true
     }
    },
    "R2": {
     "role": "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable",
     "longName": "995215 - Document - Fees Summary",
     "shortName": "Fees Summary",
     "isDefault": "false",
     "groupType": "Fee_Exhibit",
     "subGroupType": "",
     "menuCat": "Cover",
     "order": "2",
     "firstAnchor": {
      "contextRef": "AsOf2025-11-26",
      "name": "ffd:NrrtvDsclsr",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "span",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ex-filingfees.htm",
      "first": true,
      "unique": true
     },
     "uniqueAnchor": {
      "contextRef": "AsOf2025-11-26",
      "name": "ffd:NrrtvDsclsr",
      "unitRef": null,
      "xsiNil": "false",
      "lang": "en-US",
      "decimals": null,
      "ancestors": [
       "span",
       "span",
       "p",
       "body",
       "html"
      ],
      "reportCount": 1,
      "baseRef": "ex-filingfees.htm",
      "first": true,
      "unique": true
     }
    }
   },
   "tag": {
    "ffd_AggtRedRpPricFsclYr": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AggtRedRpPricFsclYr",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Aggregate Redeemed or Repurchased Price, Fiscal Year",
        "terseLabel": "Aggregate Redeemed or Repurchased, FY"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_AggtRedRpPricPrrFsclYr": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AggtRedRpPricPrrFsclYr",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Aggregate Redeemed or Repurchased Price, Prior Fiscal Year",
        "terseLabel": "Aggregate Redeemed or Repurchased, Prior FY"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_AggtSalesPricFsclYr": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AggtSalesPricFsclYr",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Aggregate Sales Price, Fiscal Year",
        "terseLabel": "Aggregate Sales Price"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_AmtRedCdts": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AmtRedCdts",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amount of Redemption Credits",
        "terseLabel": "Redemption Credits"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_AmtSctiesRcvd": {
     "xbrltype": "nonNegativeDecimal2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AmtSctiesRcvd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amount of Securities Received",
        "terseLabel": "Amount of Securities Received",
        "documentation": "Amount of securities to be received by the registrant (or cancelled upon issuance of securities to be registered on the form)"
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    },
    "ffd_AmtSctiesRegd": {
     "xbrltype": "nonNegativeDecimal2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "AmtSctiesRegd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Amount of Securities Registered",
        "terseLabel": "Amount Registered",
        "documentation": "The amount of securities being registered."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_CeasedOprsDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CeasedOprsDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Ceased Operations Date",
        "terseLabel": "Ceased Operations Date"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_CfwdFormTp": {
     "xbrltype": "formTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CfwdFormTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Carry Forward Form Type",
        "terseLabel": "Carry Forward Form Type",
        "documentation": "The Form Type of the prior shelf registration statement from which unsold securities are carried forward under 415(a)(6). This should be an EDGAR submission type (S-3, S-3/A, S-3ASR, etc.), which means there is a fixed set of possible responses. Note that while the XBRL response should be an EDGAR submission type, the human-readable Ex. 107 could include a simpler label (e.g., \"Form S-3\" in the human-readable and \"S-3ASR\" in the XBRL)."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "ffd_CfwdPrevslyPdFee": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CfwdPrevslyPdFee",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Carry Forward Previously Paid Fee",
        "terseLabel": "Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward",
        "documentation": "The fee previously paid in connection with the securities being brought forward from the prior shelf registration statement on which unsold securities are carried forward under 415(a)(6)."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "ffd_CfwdPrrFctvDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CfwdPrrFctvDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Carry Forward Prior Effective Date",
        "terseLabel": "Carry Forward Initial Effective Date",
        "documentation": "The initial effective date of the prior shelf registration statement from which unsold securities are carried forward under 415(a)(6)."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "ffd_CfwdPrrFileNb": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CfwdPrrFileNb",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Carry Forward File Number",
        "terseLabel": "Carry Forward File Number",
        "documentation": "The EDGAR File Number of the prior shelf registration statement from which unsold securities are carried forward under 415(a)(6). If the prior registration statement has a Securities Act File Number and an Investment Company Act File Number, the Securities Act File Number should be used."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "ffd_CmbndPrspctsItemAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CmbndPrspctsItemAxis",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Combined Prospectus Item [Axis]",
        "terseLabel": "Combined Prospectus",
        "documentation": "A sequence number (1, 2, 3...) used to distinguish different references to earlier prospectuses on a single fee bearing submission."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_CmbndPrspctsLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CmbndPrspctsLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Combined Prospectus [Line Items]",
        "terseLabel": "Combined Prospectus:"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_CmbndPrspctsTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CmbndPrspctsTable",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Combined Prospectus [Table]",
        "terseLabel": "Combined Prospectus Table"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_CombinedProspectusTableNa": {
     "xbrltype": "naItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CombinedProspectusTableNa",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Combined Prospectus Table [N/A]",
        "terseLabel": "Combined Prospectus Table N/A"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_CshPdByRegistrantInTx": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CshPdByRegistrantInTx",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cash Paid by Registrant in Transaction",
        "terseLabel": "Cash Consideration Paid",
        "documentation": "Amount of cash consideration paid by registrant in connection with the exchange or other transaction being registered (in a 457(f) calculation)."
       }
      }
     },
     "auth_ref": [
      "r12"
     ]
    },
    "ffd_CshRcvdByRegistrantInTx": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "CshRcvdByRegistrantInTx",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Cash Received by Registrant in Transaction",
        "terseLabel": "Cash Consideration Received",
        "documentation": "Amount of cash consideration received by registrant in connection with the exchange or other transaction being registered (in a 457(f) calculation)."
       }
      }
     },
     "auth_ref": [
      "r12"
     ]
    },
    "dei_EntityCentralIndexKey": {
     "xbrltype": "centralIndexKeyItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityCentralIndexKey",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Central Index Key",
        "terseLabel": "Central Index Key",
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "dei_EntityRegistrantName": {
     "xbrltype": "normalizedStringItemType",
     "nsuri": "http://xbrl.sec.gov/dei/2025",
     "localname": "EntityRegistrantName",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Entity Registrant Name",
        "terseLabel": "Registrant Name",
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC."
       }
      }
     },
     "auth_ref": [
      "r0"
     ]
    },
    "ffd_FeeAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable",
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Amount",
        "terseLabel": "Amount of Registration Fee",
        "documentation": "Total amount of registration fee (amount due after offsets)."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeeExhibitTp": {
     "xbrltype": "feeExhibitTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeExhibitTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Exhibit Type",
        "terseLabel": "Fee Exhibit Type"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_FeeIntrstAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeIntrstAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Interest Amount",
        "terseLabel": "Interest Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeeNote": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeNote",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Note",
        "terseLabel": "Fee Note"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeeNoteMaxAggtOfferingPric": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeNoteMaxAggtOfferingPric",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Note Maximum Aggregate Offering Price",
        "terseLabel": "Fee Note MAOP"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeeRate": {
     "xbrltype": "percentItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeeRate",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable",
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Rate",
        "terseLabel": "Fee Rate",
        "documentation": "The rate per dollar of fees that public companies and other issuers pay to register their securities with the Commission."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeesOthrRuleFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeesOthrRuleFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fees, Other Rule [Flag]",
        "terseLabel": "Other Rule",
        "documentation": "Checkbox indicating whether filer is using a rule other than 457(a), 457(o), or 457(f) to calculate the registration fee due."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FeesSummaryLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FeesSummaryLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Fees Summary [Line Items]",
        "terseLabel": "Fees Summary:"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FnlPrspctsFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FnlPrspctsFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Final Prospectus [Flag]",
        "terseLabel": "Final Prospectus"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_FormTp": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "FormTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Form Type",
        "terseLabel": "Form Type"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_GnlInstrIIhiFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "GnlInstrIIhiFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "General Instruction II.H,I [Flag]",
        "terseLabel": "General Instruction II.H,I"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrBizAdrCity": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrBizAdrCity",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Business Address, City",
        "terseLabel": "City"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrBizAdrStatOrCtryCd": {
     "xbrltype": "stateOrCountryCodeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrBizAdrStatOrCtryCd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Business Address, State or Country Code",
        "terseLabel": "State or Country Code"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrBizAdrStrt1": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrBizAdrStrt1",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Business Address, Street 1",
        "terseLabel": "Street 1"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrBizAdrStrt2": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrBizAdrStrt2",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Business Address, Street 2",
        "terseLabel": "Street 2"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrBizAdrZipCd": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrBizAdrZipCd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Business Address, Zip Code",
        "terseLabel": "Zip Code"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_IssrNm": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "IssrNm",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Issuer Name",
        "terseLabel": "Issuer Name"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_MaxAggtOfferingPric": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "MaxAggtOfferingPric",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Maximum Aggregate Offering Price",
        "terseLabel": "Maximum Aggregate Offering Price",
        "documentation": "The maximum aggregate offering price for the offering that is being registered."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_MaxOfferingPricPerScty": {
     "xbrltype": "nonNegativeDecimal4lItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "MaxOfferingPricPerScty",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Maximum Offering Price per Security",
        "terseLabel": "Proposed Maximum Offering Price per Unit",
        "documentation": "The maximum offering price per share/unit being registered."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_NetFeeAmt": {
     "xbrltype": "monetaryItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "NetFeeAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net Fee Amount",
        "terseLabel": "Net Fee"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_NetSalesAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "NetSalesAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Net Sales Amount",
        "terseLabel": "Net Sales"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_NrrtvDsclsr": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "NrrtvDsclsr",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Narrative Disclosure",
        "terseLabel": "Narrative Disclosure"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_NrrtvMaxAggtAmt": {
     "xbrltype": "nonNegativeDecimal2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "NrrtvMaxAggtAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Narrative Disclosure, Maximum Aggregate Offering Amount",
        "terseLabel": "Narrative - Max Aggregate Offering Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_NrrtvMaxAggtOfferingPric": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "NrrtvMaxAggtOfferingPric",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Narrative Disclosure, Maximum Aggregate Offering Price",
        "terseLabel": "Narrative - Max Aggregate Offering Price"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OfferingAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingAxis",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering [Axis]",
        "terseLabel": "Offering",
        "documentation": "A sequence number (1, 2, 3...) used to distinguish different security offerings on a single fee bearing submission."
       }
      }
     },
     "auth_ref": []
    },
    "ffd_OfferingLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering [Line Items]",
        "terseLabel": "Offering:"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_OfferingNote": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingNote",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering Note",
        "terseLabel": "Offering Note"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OfferingSctyTitl": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingSctyTitl",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable",
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering Security Title",
        "terseLabel": "Security Class Title",
        "documentation": "The title of the class of securities being registered (for each class being registered)."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OfferingSctyTp": {
     "xbrltype": "securityTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingSctyTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering Security Type",
        "terseLabel": "Security Type",
        "documentation": "Type of securities: \"Asset-backed Securities\", \"ADRs/ADSs\", \"Debt\", \"Debt Convertible into Equity\", \"Equity\", \"Face Amount Certificates\", \"Limited Partnership Interests\", \"Mortgage Backed Securities\", \"Non-Convertible Debt\", \"Unallocated (Universal) Shelf\", \"Exchange Traded Vehicle Securities\", \"Other\""
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OfferingTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingTable",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering [Table]",
        "terseLabel": "Offering:"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_OfferingTableNa": {
     "xbrltype": "naItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OfferingTableNa",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offering Table [N/A]",
        "terseLabel": "Offering Table N/A"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_OffsetAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetAxis",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset [Axis]",
        "terseLabel": "Offset",
        "documentation": "A sequence number (1, 2, 3...) used to distinguish different offsets as applied to a fee bearing submission."
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetClmInitlFilgDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetClmInitlFilgDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Claim Initial Filing Date",
        "terseLabel": "Initial Filing Date",
        "documentation": "The initial filing date of the earlier registration statement with which the earlier (offsetting) fee was paid for a claimed offset. If the offset fee was paid with an amendment, do not provide the amendment date under this element; instead, provide the date of the initial filing (i.e. the \"parent\" filing) ."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetClmdAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetClmdAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Claimed Amount",
        "terseLabel": "Fee Offset Claimed",
        "documentation": "The amount of offsetting fees being claimed."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetClmdInd": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetClmdInd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Claimed Indicator",
        "terseLabel": "Offset Claimed"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetExpltnForClmdAmt": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetExpltnForClmdAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Explanation for Claimed Amount",
        "terseLabel": "Explanation for Claimed Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetLineItems",
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Offset:",
        "label": "Offset [Line Items]"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetNote": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetNote",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Note",
        "terseLabel": "Offset Note"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetPrrFeeAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrFeeAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Fee Amount",
        "terseLabel": "Fee Paid with Fee Offset Source",
        "documentation": "The fee previously paid from which an offset is being derived."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrFileNb": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrFileNb",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior File Number",
        "terseLabel": "File Number",
        "documentation": "The EDGAR File Number of the earlier registration statement with which the earlier (offsetting) fee was paid. If the offset filing for the offset has a Securities Act File Number and an Investment Company Act File Number, the Securities Act File Number should be used."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrFilerNm": {
     "xbrltype": "filerNameItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrFilerNm",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Filer Name",
        "terseLabel": "Registrant or Filer Name",
        "documentation": "The name of the registrant that filed the earlier registration statement with which the earlier (offsetting) fee was paid."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrFormTp": {
     "xbrltype": "formTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrFormTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Form Type",
        "terseLabel": "Form or Filing Type",
        "documentation": "The Form Type of the offset filing."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrNbOfUnsoldScties": {
     "xbrltype": "nonNegativeIntegerItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrNbOfUnsoldScties",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Unsold Number of Securities",
        "terseLabel": "Unsold Securities Associated with Fee Offset Claimed",
        "documentation": "The number of unsold securities registered on the prior registration statement that are associated with the claimed offset."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrSctyTitl": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrSctyTitl",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Security Title",
        "terseLabel": "Security Title Associated with Fee Offset Claimed",
        "documentation": "The title of the class of securities from which offset fees were derived."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrSctyTp": {
     "xbrltype": "securityTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrSctyTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Security Type",
        "terseLabel": "Security Type Associated with Fee Offset Claimed",
        "documentation": "Type of securities: \"Asset-backed Securities\", \"ADRs/ADSs\", \"Debt\", \"Debt Convertible into Equity\", \"Equity\", \"Face Amount Certificates\", \"Limited Partnership Interests\", \"Mortgage Backed Securities\", \"Non-Convertible Debt\", \"Unallocated (Universal) Shelf\", \"Exchange Traded Vehicle Securities\", \"Other\""
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetPrrUnsoldOfferingAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetPrrUnsoldOfferingAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Prior Unsold Offering Amount",
        "terseLabel": "Unsold Aggregate Offering Amount Associated with Fee Offset Claimed",
        "documentation": "The aggregate offering amount of unsold securities registered on the prior registration statement that are associated with the claimed offset."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetSrcFilgDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetSrcFilgDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Source Filing Date",
        "terseLabel": "Filing Date",
        "documentation": "The filing date of the earlier registration statement with which the earlier (offsetting) fee was paid in an offset."
       }
      }
     },
     "auth_ref": [
      "r5",
      "r8"
     ]
    },
    "ffd_OffsetTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetTable",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Offset Payment:",
        "label": "Offset [Table]"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_OffsetTableNa": {
     "xbrltype": "naItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "OffsetTableNa",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Offset Table [N/A]",
        "terseLabel": "Offset Table N/A"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_PrevslyPdFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "PrevslyPdFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable",
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Fee Previously Paid [Flag]",
        "terseLabel": "Fee Previously Paid"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_RegnFileNb": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "RegnFileNb",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Registration File Number",
        "terseLabel": "Registration File Number"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_RptgFsclYrEndDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "RptgFsclYrEndDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Reporting Fiscal Year End Date",
        "terseLabel": "Reporting FY End Date"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_Rule011Flg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule011Flg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 0-11 [Flag]",
        "terseLabel": "Rule 0-11"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_Rule011a2OffsetFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule011a2OffsetFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "terseLabel": "Rule 0-11(a)(2) Offset",
        "label": "Rule 0-11(a)(2) Offset [Flag]"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_Rule415a6Flg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule415a6Flg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 415(a)(6) [Flag]",
        "terseLabel": "Rule 415(a)(6)",
        "documentation": "Checkbox indicating whether filer is claiming a 415(a)(6) carryforward."
       }
      }
     },
     "auth_ref": [
      "r2"
     ]
    },
    "ffd_Rule429AggtOfferingAmt": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429AggtOfferingAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Aggregate Offering Amount",
        "terseLabel": "Maximum Aggregate Offering Price of Securities Previously Registered",
        "documentation": "The maximum aggregate offering amount of unsold securities registered on the prior registration statement that are carried forward under Rule 429. Only applicable if 457(o) was used in the fee calculation for the prior registration statement."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429CmbndPrspctsFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429CmbndPrspctsFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Combined Prospectus [Flag]",
        "terseLabel": "Rule 429",
        "documentation": "Checkbox indicating whether filer is using a combined prospectus under Rule 429."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429EarlierFileNb": {
     "xbrltype": "fileNumberItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429EarlierFileNb",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Earlier File Number",
        "terseLabel": "File Number",
        "documentation": "The Securities Act File Number of the earlier effective registration statement(s) from which securities may be offered and sold using the combined prospectus pursuant to Rule 429."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429EarlierFormTp": {
     "xbrltype": "formTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429EarlierFormTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Earlier Form Type",
        "terseLabel": "Form Type",
        "documentation": "The Form Type of the earlier registration statement from which unsold securities are carried forward under Rule 429. This should be an EDGAR submission type (S-3, S-3/A, S-3ASR, etc.), which means there is a fixed set of possible responses. Note that while the XBRL response should be an EDGAR submission type, the human-readable Ex. 107 could include a simpler label (e.g., \"Form S-3\" in the human-readable and \"S-3ASR\" in the XBRL)."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429InitlFctvDt": {
     "xbrltype": "dateItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429InitlFctvDt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Initial Effective Date",
        "terseLabel": "Initial Effective Date",
        "documentation": "The filing date of the earlier registration statement from which unsold securities are carried forward under Rule 429."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429NbOfUnsoldScties": {
     "xbrltype": "nonNegativeDecimal2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429NbOfUnsoldScties",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Number Of Unsold Securities",
        "terseLabel": "Amount of Securities Previously Registered",
        "documentation": "The number of securities registered on the prior registration statement that are carried forward under Rule 429."
       }
      }
     },
     "auth_ref": [
      "r3"
     ]
    },
    "ffd_Rule429PrspctsNote": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429PrspctsNote",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Prospectus Note",
        "terseLabel": "Combined Prospectus Note"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Rule429SctyTitl": {
     "xbrltype": "securityTitleItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429SctyTitl",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Security Title",
        "terseLabel": "Security Class Title"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Rule429SctyTp": {
     "xbrltype": "securityTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule429SctyTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesByCmbndPrspctsTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 429 Security Type",
        "terseLabel": "Security Type"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Rule457aFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457aFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(a) [Flag]",
        "terseLabel": "Rule 457(a)",
        "documentation": "Checkbox indicating whether filer is using Rule 457(a) to calculate the registration fee due."
       }
      }
     },
     "auth_ref": [
      "r4"
     ]
    },
    "ffd_Rule457bOffsetFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457bOffsetFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(b) Offset [Flag]",
        "terseLabel": "Rule 457(b) Offset",
        "documentation": "Checkbox indicating whether filer is claiming an offset under Rule 457(b) or 0-11(a)(2)."
       }
      }
     },
     "auth_ref": [
      "r5"
     ]
    },
    "ffd_Rule457fFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457fFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(f) [Flag]",
        "terseLabel": "Rule 457(f)",
        "documentation": "Checkbox indicating whether filer is using Rule 457(f) to calculate the registration fee due."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    },
    "ffd_Rule457oFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457oFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(o) [Flag]",
        "terseLabel": "Rule 457(o)",
        "documentation": "Checkbox indicating whether filer is using Rule 457(o) to calculate the registration fee due."
       }
      }
     },
     "auth_ref": [
      "r7"
     ]
    },
    "ffd_Rule457pOffsetFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457pOffsetFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(p) Offset [Flag]",
        "terseLabel": "Rule 457(p) Offset",
        "documentation": "Checkbox indicating whether filer is claiming an offset under Rule 457(p)."
       }
      }
     },
     "auth_ref": [
      "r8"
     ]
    },
    "ffd_Rule457rFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457rFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(r) [Flag]",
        "terseLabel": "Rule 457(r)"
       }
      }
     },
     "auth_ref": [
      "r9"
     ]
    },
    "ffd_Rule457sFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457sFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(s) Flag",
        "terseLabel": "Rule 457(s)"
       }
      }
     },
     "auth_ref": [
      "r10"
     ]
    },
    "ffd_Rule457uFlg": {
     "xbrltype": "booleanItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Rule457uFlg",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Rule 457(u) [Flag]",
        "terseLabel": "Rule 457(u)",
        "documentation": "Checkbox indicating whether filer is using Rule 457(u) to calculate the registration fee due."
       }
      }
     },
     "auth_ref": [
      "r11"
     ]
    },
    "ffd_Scties424iAxis": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Scties424iAxis",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Securities, 424I [Axis]",
        "terseLabel": "Securities, 424I"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Scties424iLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Scties424iLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Securities, 424I [Line Items]",
        "terseLabel": "Securities, 424I:"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Scties424iTable": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Scties424iTable",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/securities424iTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Securities, 424I [Table]",
        "terseLabel": "Securities, 424I Table"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_Securities424iTableNa": {
     "xbrltype": "naItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "Securities424iNa",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Securities 424I [N/A]",
        "terseLabel": "Securities 424I N/A"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_SubmissionLineItems": {
     "xbrltype": "stringItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "SubmissionLineItems",
     "lang": {
      "en-us": {
       "role": {
        "label": "Submission [Line Items]",
        "terseLabel": "Items"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_SubmissnTp": {
     "xbrltype": "submissionTypeItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "SubmissnTp",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/submissionTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Submission Type",
        "terseLabel": "Submission Type"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_TermntnCmpltnWdrwl": {
     "xbrltype": "textBlockItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TermntnCmpltnWdrwl",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOffsetTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Termination / Completion / Withdrawal Statement",
        "terseLabel": "Termination / Withdrawal Statement"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_TtlFeeAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlFeeAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Fee Amount",
        "terseLabel": "Total Fee Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TtlFeeAndIntrstAmt": {
     "xbrltype": "nonNegativeDecimal2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlFeeAndIntrstAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Fee and Interest Amount",
        "terseLabel": "Total Fee and Interest Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TtlOfferingAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlOfferingAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Offering Amount",
        "terseLabel": "Total Offering"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TtlOffsetAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlOffsetAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Offset Amount",
        "terseLabel": "Total Offset Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TtlPrevslyPdAmt": {
     "xbrltype": "nonNegative1TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlPrevslyPdAmt",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Previously Paid Amount",
        "terseLabel": "Previously Paid Amount"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TtlTxValtn": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TtlTxValtn",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesSummaryTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Total Transaction Valuation",
        "terseLabel": "Total Transaction Valuation"
       }
      }
     },
     "auth_ref": [
      "r1"
     ]
    },
    "ffd_TxValtn": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "TxValtn",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Transaction Valuation",
        "terseLabel": "Transaction Valuation"
       }
      }
     },
     "auth_ref": []
    },
    "ffd_ValSctiesRcvd": {
     "xbrltype": "nonNegative100TMonetary2ItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "ValSctiesRcvd",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Value of Securities Received",
        "terseLabel": "Value of Securities Received",
        "documentation": "Value of securities to be received by the registrant (or cancelled upon issuance of securities to be registered on the form)"
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    },
    "ffd_ValSctiesRcvdPerShr": {
     "xbrltype": "nonNegativeDecimal4lItemType",
     "nsuri": "http://xbrl.sec.gov/ffd/2025",
     "localname": "ValSctiesRcvdPerShr",
     "presentation": [
      "http://xbrl.sec.gov/ffd/role/document/feesOfferingTable"
     ],
     "lang": {
      "en-us": {
       "role": {
        "label": "Value of Securities Received, Per Share",
        "terseLabel": "Value of Securities Received, Per Share",
        "documentation": "Value per share of securities to be received by the registrant (or cancelled upon issuance of securities to be registered on the form). This is included in the explanation of 457(f) fee calculation."
       }
      }
     },
     "auth_ref": [
      "r6"
     ]
    }
   }
  }
 },
 "std_ref": {
  "r0": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Exchange Act",
   "Number": "240",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r1": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230"
  },
  "r2": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "415",
   "Subsection": "a"
  },
  "r3": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "429"
  },
  "r4": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457"
  },
  "r5": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "b"
  },
  "r6": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "f"
  },
  "r7": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "o"
  },
  "r8": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "p"
  },
  "r9": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "r"
  },
  "r10": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "s"
  },
  "r11": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Section": "457",
   "Subsection": "u"
  },
  "r12": {
   "role": "http://www.xbrl.org/2003/role/presentationRef",
   "Publisher": "SEC",
   "Name": "Securities Act",
   "Number": "230",
   "Subsection": "f",
   "Section": "457"
  }
 }
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>14
<FILENAME>0001839882-25-067830-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001839882-25-067830-xbrl.zip
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MRQ\3#@)8B +(VNNCH8-XT,=:H5$UA+BEXA1:V&1'_"<N\V4)?D>!FP,BG<<
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M;K)O5BIUVJ>10FW,R(5L?G6+?5%!?ZY:K[_DN^5;]=YH2C][V4'17&1G0Z-
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A:6YG9F5E<RYH=&U02P4&      $  0 _    '0D

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>ex-filingfees_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2025"
  xmlns:ffd="http://xbrl.sec.gov/ffd/2025"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef
      xlink:href="https://xbrl.sec.gov/ffd/2025/ffd-2025.xsd"
      xlink:type="simple"/>
    <context id="AsOf2025-11-26">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000895421</identifier>
        </entity>
        <period>
            <startDate>2025-11-26</startDate>
            <endDate>2025-11-26</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <unit id="Ratio">
        <measure>pure</measure>
    </unit>
    <dei:EntityCentralIndexKey contextRef="AsOf2025-11-26" id="Fact000003">0000895421</dei:EntityCentralIndexKey>
    <ffd:FeeExhibitTp contextRef="AsOf2025-11-26" id="Fact000009">EX-FILING FEES</ffd:FeeExhibitTp>
    <ffd:FormTp contextRef="AsOf2025-11-26" id="Fact000010">S-3</ffd:FormTp>
    <dei:EntityRegistrantName contextRef="AsOf2025-11-26" id="Fact000011">MORGAN STANLEY</dei:EntityRegistrantName>
    <ffd:SubmissnTp contextRef="AsOf2025-11-26" id="Fact000012">424B2</ffd:SubmissnTp>
    <ffd:RegnFileNb contextRef="AsOf2025-11-26" id="Fact000013">333-275587</ffd:RegnFileNb>
    <ffd:FnlPrspctsFlg contextRef="AsOf2025-11-26" id="Fact000014">true</ffd:FnlPrspctsFlg>
    <ffd:OfferingTableNa contextRef="AsOf2025-11-26" id="Fact000015">N/A</ffd:OfferingTableNa>
    <ffd:OffsetTableNa contextRef="AsOf2025-11-26" id="Fact000016">N/A</ffd:OffsetTableNa>
    <ffd:CombinedProspectusTableNa contextRef="AsOf2025-11-26" id="Fact000017">N/A</ffd:CombinedProspectusTableNa>
    <ffd:NrrtvMaxAggtOfferingPric
      contextRef="AsOf2025-11-26"
      decimals="0"
      id="Fact000018"
      unitRef="USD">14940850.00</ffd:NrrtvMaxAggtOfferingPric>
    <ffd:NrrtvDsclsr contextRef="AsOf2025-11-26" id="Fact000019">The
prospectus is a final prospectus for the related offering.</ffd:NrrtvDsclsr>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
