<SEC-DOCUMENT>0000723531-19-000006.txt : 20190111
<SEC-HEADER>0000723531-19-000006.hdr.sgml : 20190111
<ACCEPTANCE-DATETIME>20190111170958
ACCESSION NUMBER:		0000723531-19-000006
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190109
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190111
DATE AS OF CHANGE:		20190111

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PAYCHEX INC
		CENTRAL INDEX KEY:			0000723531
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT [8700]
		IRS NUMBER:				161124166
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-11330
		FILM NUMBER:		19522874

	BUSINESS ADDRESS:	
		STREET 1:		911 PANORAMA TRAIL S
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14625-0397
		BUSINESS PHONE:		5853856666

	MAIL ADDRESS:	
		STREET 1:		911 PANORAMA TRAIL SOUTH
		CITY:			ROCHESTER
		STATE:			NY
		ZIP:			14625-0397
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>payx-20190109x8k.htm
<DESCRIPTION>8-K
<TEXT>
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			8-K PAYX 1919
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			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;font-size:18pt;">UNITED STATES</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-weight:bold;font-size:12pt;">Washington, DC 20549</font>
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			<font style="display: inline;font-weight:bold;font-size:18pt;">FORM 8-K</font>
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			<font style="display: inline;font-weight:bold;font-size:12pt;">Pursuant t</font><font style="display: inline;font-weight:bold;font-size:12pt;">o Section&nbsp;13 or 15(d) of the</font>
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			<font style="display: inline;font-weight:bold;font-size:12pt;">Securities Exchange Act of 1934</font>
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			<font style="display: inline;font-weight:bold;font-size:12pt;">Date of Report: </font><font style="display: inline;font-weight:bold;font-size:12pt;">January</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:12pt;">9</font><font style="display: inline;font-weight:bold;font-size:12pt;">, 2019</font><font style="display: inline;font-weight:bold;font-size:12pt;">&nbsp;</font>
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			<font style="display: inline;font-weight:bold;font-size:12pt;">(Date of earliest event reported)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 24pt">
			<font style="display: inline;font-weight:bold;font-size:24pt;">PAYCHEX,&nbsp;INC.</font>
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			<font style="display: inline;font-weight:bold;">(Exact name of registrant as specified in its charter)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">DELAWARE</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">0-11330</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">16-1124166</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(State or other jurisdiction</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 8pt">
						<font style="display: inline;font-weight:bold;font-size:8pt;">of incorporation)</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(Commission</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">File Number)</font></p>
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						<font style="display: inline;font-weight:bold;font-size:8pt;">(IRS Employer</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 8pt">
						<font style="display: inline;font-weight:bold;font-size:8pt;">Identification Number)</font></p>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						<font style="display: inline;font-weight:bold;">911 PANORAMA TRAIL SOUTH,</font></p>
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">ROCHESTER, NEW YORK</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;color:#000000;">14625-2396</font></p>
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						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Address of principal executive offices)</font></p>
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 8pt">
						<font style="display: inline;font-weight:bold;color:#000000;font-size:8pt;">(Zip Code)</font></p>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">(585) 385-6666</font>
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			<font style="display: inline;font-weight:bold;font-size:8pt;">(Registrant&#x2019;s telephone number, including area code)</font>
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			<font style="display: inline;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;">N/A</font>
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			<font style="display: inline;font-weight:bold;font-size:8pt;">(Former name or former address, if changed since last report.)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						<font style="display: inline;color:#000000;">&#x2610;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</font></p>
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						<font style="display: inline;color:#000000;">&#x2610;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#x2610;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">&#x2610;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (</font><font style="display: inline;">&#xA7;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of this chapter).</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Emerging growth company&nbsp;&nbsp;&nbsp;</font><font style="display: inline;color:#000000;">&#x2610;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">If an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;&nbsp;&nbsp;</font><font style="display: inline;color:#000000;">&#x2610;</font>
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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT </font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<a name="_Hlk534722117"></a><font style="display: inline;color:#000000;">On January 9, 2019, Paychex of New York LLC, a Delaware limited liability company (the &#x201C;Company&#x201D;), and Paychex, Inc., a Delaware corporation (the &#x201C;Parent&#x201D;) entered into a Note Purchase and Guarantee Agreement (the &#x201C;Agreement&#x201D;) among the Company, the Parent, and the respective purchasers thereto. The Agreement provides for the future issuance in private placements of (i) Senior Notes, Series A (the &#x201C;Series A Notes&#x201D;) in an aggregate principal amount of $400.0 million due on March 13, 2026 and (ii) Senior Notes, Series B (the &#x201C;Series B Notes&#x201D; and collectively with the Series A Notes, the &#x201C;Notes&#x201D;) in an aggregate principal amount of $400.0 million due on March 13, 2029.&nbsp;&nbsp;The payment by the Company of all amounts due with respect to the Notes and the Agreement and the performance by the Company of its obligations under the Agreement are guaranteed by the Parent.&nbsp;&nbsp;In addition, the payment by the Company of all amounts due with respect to the Notes and the Agreement and the performance by the Parent and the Company of their obligations under the Agreement will be guaranteed by certain subsidiaries of Parent.&nbsp;&nbsp;The Notes will be unsecured indebtedness of the Company, the Parent and such subsidiaries.</font>
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			<font style="display: inline;color:#000000;"> &nbsp; &nbsp;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">The Series A Notes will bear interest (a) on the unpaid balance thereof at the rate of 4.07% per annum, payable semiannually, and (b) to the extent permitted by law, (x) on any overdue payment of interest and (y) during the continuance of an Event of Default (as defined in the Agreement), on such unpaid balance and on any overdue payment of a Make-Whole Amount (as defined in the Agreement), at a rate per annum from time to time equal to 6.07% payable semiannually (or, at the option of the holder, on demand). </font><font style="display: inline;font-size:10pt;">The Company may, at its option, prepay at any time all, or from time to time any part of, the </font><br /><font style="display: inline;font-size:10pt;">Series A Notes, subject to certain conditions pertaining to minimum notice and minimum reduction amounts as described in the Agreement.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">The Series B Notes will bear interest (a) on the unpaid balance thereof at the rate of 4.25% per annum, payable semiannually, and (b) to the extent permitted by law, (x) on any overdue payment of interest and (y) during the continuance of an Event of Default (as defined in the Agreement), on such unpaid balance and on any overdue payment of a Make-Whole Amount (as defined in the Agreement), at a rate per annum from time to time equal to 6.25% payable semiannually (or, at the option of the holder, on demand).</font><font style="display: inline;font-size:10pt;"> The Company may, at its option, prepay at any time all, or from time to time any part of, the </font><br /><font style="display: inline;font-size:10pt;">Series B Notes, subject to certain conditions pertaining to minimum notice and minimum reduction amounts as described in the Agreement.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">The Agreement contains customary representations, warranties, affirmative and negative covenants, including financial covenants, events of default and indemnification provisions in favor of the purchasers. The negative covenants include restrictions regarding the incurrence of liens and indebtedness, substantial changes in the general nature of the business of the Parent and its subsidiaries (taken as a whole), certain merger transactions, certain sales of assets and other matters, all subject to certain exceptions. The financial covenants, which are based on quarterly financial tests, require the Company not to exceed a maximum leverage ratio of 3.50:1.00 and a minimum interest coverage ratio of 2.00:1:00.&nbsp;&nbsp;In addition, the Parent will not permit certain of its indebtedness to exceed 20% of the consolidated stockholders&#x2019; equity of the Parent and its subsidiaries calculated in accordance with </font><font style="display: inline;color:#000000;font-size:10pt;">United States generally accepted accounting principles</font><font style="display: inline;color:#000000;font-size:10pt;"> (as defined in the Agreement) on a consolidated basis.&nbsp;&nbsp;Any Event of Default (as defined in the Agreement) could result in the acceleration of the Company&#x2019;s indebtedness under the Notes.&nbsp;&nbsp;The Company expects to use the net proceeds from the issuance of the Series A Notes and the Series B Notes to pay down the Parent&#x2019;s existing credit facilities.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">At any time following the closing of the sale and issuance of the Notes, the holders of at least 51% in principal amount of the Notes, without regard to Series (exclusive of Notes then owned by the Parent, the Company or any Affiliate (as defined in the Agreement) of the Parent) may agree to certain actions on behalf of the holders of the Notes, including certain amendments to the Notes.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">No Notes have been issued as of the date hereof and each purchaser&#x2019;s obligation to purchase and pay for the Notes pursuant to the Agreement are subject to certain customary closing conditions.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Terms used herein and not otherwise defined have the meanings given</font><font style="display: inline;font-size:10pt;"> to</font><font style="display: inline;font-size:10pt;"> them in the Agreement. The foregoing description of the terms and conditions of the Agreement and the Notes do not purport to be complete and are qualified in their entirety by reference to the full text of the Agreement and the form of the Notes, filed as Exhibits 4.1, 4.2 and 10.1 to this Current Report on Form 8-K, which are incorporated herein by reference.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-</font><font style="display: inline;font-weight:bold;color:#000000;">BALANCE SHEET ARRANGEMENT OF A REGISTRANT</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The disclosure set forth above under Item 1.01 is hereby incorporated by reference into this Item 2.03.</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">

		<p style="margin:0pt;line-height:8pt;font-family:Times New Roman;font-size: 7pt">

			&nbsp;

		</p></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">ITEM&nbsp;9.01 FINANCIAL STATEMENTS AND EXHIBITS</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:513.00pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:73.70pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:439.30pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:73.70pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Exhibit</font></p>
				</td>
				<td valign="top" style="width:439.30pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;">Description</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:73.70pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Exhibit 4.1</font></p>
				</td>
				<td valign="top" style="width:439.30pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="payx-20190109xex4_1.htm" style="-sec-extract:exhibit"><font style="display: inline;">Form of 4.07% Senior Notes, Series A, of Paychex of New York LLC, due March 13, 2026</font></a></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:73.70pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Exhibit 4.2</font></p>
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				<td valign="top" style="width:439.30pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="payx-20190109xex4_2.htm" style="-sec-extract:exhibit"><font style="display: inline;">Form of 4.25% Senior Notes, Series B, of Paychex of New York LLC, due March 13, 2029</font></a></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:73.70pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Exhibit 10.1</font></p>
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				<td valign="top" style="width:439.30pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 6.5pt">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="payx-20190109xex10_1.htm" style="-sec-extract:exhibit"><font style="display: inline;">Note Purchase and Guarantee Agreement, dated as of January 9, 2019, by and among the Company, the Parent, and the respective purchasers thereto.</font></a></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

			<font style="display: inline;">

		<p style="margin:0pt;line-height:8pt;font-family:Times New Roman;font-size: 7pt">

			&nbsp;

		</p></font>

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">SIGNATURES</font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
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					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
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				<td valign="bottom" style="width:38.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
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				<td valign="bottom" style="width:02.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;height:1.00pt">
					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
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				<td valign="bottom" style="width:38.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:02.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:50.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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			</tr>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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				<td valign="bottom" style="width:02.90%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:50.32%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;font-weight:bold;color:#000000;">PAYCHEX,&nbsp;INC.</font></p>
				</td>
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			<tr>
				<td valign="bottom" style="width:07.80%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
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				<td valign="bottom" style="width:38.98%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="bottom" style="width:53.22%;padding:0pt 0pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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				<td valign="top" style="width:07.80%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">Date:</font></p>
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				<td valign="top" style="width:38.98%;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">January&nbsp;11</font><font style="display: inline;color:#000000;">, 2019</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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				<td valign="bottom" style="width:50.32%;border-bottom:1pt solid #000000 ;padding:0pt 2.4pt 0pt 3.6pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">/s/&nbsp;Martin&nbsp;Mucci</font></p>
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						<font style="display: inline;color:#000000;">January&nbsp;11</font><font style="display: inline;color:#000000;">, 2019</font></p>
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						<font style="display: inline;color:#000000;">/s/&nbsp;Efrain&nbsp;Rivera</font></p>
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						<font style="display: inline;color:#000000;">Efrain&nbsp;Rivera</font></p>
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						<font style="display: inline;color:#000000;">Senior&nbsp;Vice&nbsp;President,&nbsp;Chief&nbsp;Financial&nbsp;Officer,&nbsp;and&nbsp;Treasurer</font></p>
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<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>payx-20190109xex4_1.htm
<DESCRIPTION>EX-4.1
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		<title>
			Exhibit 4.1
		</title>
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	<body><div style="margin-left:72pt;margin-right:72pt;"><div style="width:100%">

		<p style="margin:0pt;text-align:right;line-height:100%;font-family:Times New Roman;font-size: 12pt">

			<font style="display: inline;font-weight:bold;">Exhibit 4.1</font>

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			&nbsp;

		</p>

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		<p style="margin:18pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<a name="_GoBack"></a><font style="display: inline;">[Form of Series&nbsp;A Note]</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex of New York LLC</font>
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		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4.07% Senior Notes, Series&nbsp;A, Due March 13, 2026</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						&nbsp;</p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">No. A-[_____]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$[</font><font style="display: inline;text-decoration:underline;">_______</font><font style="display: inline;">]</font></p>
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						<font style="display: inline;">&nbsp;</font></p>
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						<font style="display: inline;font-weight:bold;">[Date]</font></p>
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						<font style="display: inline;">PPN 70432* AA9</font></p>
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">For Value Received</font><font style="display: inline;">, the undersigned, </font><font style="display: inline;font-weight:bold;">Paychex of New York LLC</font><font style="display: inline;"> (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), a limited liability company organized and existing under the laws of the State of Delaware, hereby promises to pay to [______*______], or registered assigns, the principal sum of [_________*____________] </font><font style="display: inline;">Dollars</font><font style="display: inline;"> (or so much thereof as shall not have been prepaid) on March 13, 2026 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Maturity Date&#x201D;</font><font style="display: inline;">), with interest (computed on the basis of a 360</font><font style="display: inline;">&#8209;day year of twelve 30</font><font style="display: inline;">&#8209;day months) (a)&nbsp;on the unpaid balance hereof at the rate of 4.07% per annum from the date hereof, payable </font><font style="display: inline;">semiannually</font><font style="display: inline;">, on the 13th day of March and September in each year, commencing with the March 13 or September 13 next succeeding the date hereof, and on the Maturity Date, until the principal hereof shall have become due and payable, and (b)&nbsp;to the extent permitted by law, (x)&nbsp;on any overdue payment of interest and (y)&nbsp;during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make</font><font style="display: inline;">&#8209;Whole Amount, at a rate per annum from time to time equal to 6.07% payable </font><font style="display: inline;">semiannually</font><font style="display: inline;"> as aforesaid (or, at the option of the registered holder hereof, on demand).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payments of principal of, interest on and any Make</font><font style="display: inline;">&#8209;Whole Amount with respect to this Note are to be made in lawful money of the United States of America at Bank of America, N.A. or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Note Purchase and Guarantee Agreement referred to below.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is one of a series of Senior Notes (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">) issued pursuant to the Note Purchase and Guarantee Agreement, dated as of January 9, 2019 (as from time to time amended, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Purchase and Guarantee Agreement&#x201D;</font><font style="display: inline;">), among the Company, Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D;), and the respective Purchasers named therein and is entitled to the benefits thereof.&nbsp;&nbsp;Each holder of this Note will be deemed, by its acceptance hereof, to have (i)&nbsp;agreed to the confidentiality provisions set forth in Section&nbsp;20 of the Note Purchase and Guarantee Agreement and (ii)&nbsp;made the representation set forth in Section&nbsp;6.2 of the Note Purchase and Guarantee Agreement.&nbsp;&nbsp;Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is a registered Note and, as provided in the Note Purchase and Guarantee Agreement, upon surrender of this Note for registration of transfer accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder&#x2019;s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in </font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt"><font style="display: inline;">the name of, the transferee.&nbsp;&nbsp;Prior to due presentment for registration of transfer, the Company may treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will not be affected by any notice to the contrary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is subject to optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the </font><font style="display: inline;">Note Purchase and Guarantee Agreement</font><font style="display: inline;">, but not otherwise.</font><font style="display: inline;"> &nbsp; &nbsp;</font><font style="display: inline;">This Note is subject to an additional payment of an Incremental Leverage Fee </font><font style="display: inline;">in certain circumstances </font><font style="display: inline;">as set forth in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make</font><font style="display: inline;">&#8209;Whole Amount) and with the effect provided in the Note Purchase and Guarantee Agreement.</font>
		</p>
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			<font style="display: inline;">This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						<font style="display: inline;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Paychex of New York LLC</font></p>
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						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:170.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:28.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">By: </font></p>
				</td>
				<td valign="top" style="width:170.65pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:28.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:170.65pt;border-top:1pt solid #000000 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">[Title]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">_____________________________</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">* See Schedule attached hereto for purchaser names and dollar amounts of Series A Notes to be purchased when issued.</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Courier New;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">SCHEDULE</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TO </font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FORM OF SERIES A NOTE</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Explanatory Note: As provide in Instruction 2 to Item 601(a) of Regulation S-K, the following schedule sets forth the name of each purchaser and the dollar amount each of the 4.07% Senior Notes, Series A, due March 13, 2026 (&#x201C;Series A Notes&#x201D;) to be issued by Paychex of New York LLC of Series A Notes pursuant to and at the times provided in the Note Purchase and Guarantee Agreement between Paychex of New York LLC, as issuer, and Paycheck, Inc., as parent guarantor, and the purchasers party thereto, dated as of January&nbsp;9, 2019 (&#x201C;Note Purchase and Guarantee Agreement&#x201D;).</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;line-height:100%;margin-bottom:0pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:68.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 1pt">
						<font style="display: inline;font-weight:bold;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:31.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Party to Purchase Series A Note</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Original Principal Amount of Series A Note to be issued </font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Northwestern Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$40,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Tower Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Property and Casualty Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">MetLife Insurance K.K.</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Pensionkasse des Bundes PUBLICA</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 6,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Zurich American Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 6,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Zurich Insurance Company Ltd. Bermuda Branch</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Zurich American Insurance Company Master Retirement Trust</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Associated Electric &amp; Gas Insurance Services Limited</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Farmers New World Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Brighthouse Life Insurance Company of NY</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Massachusetts Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$12,525,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Massachusetts Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,100,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">MassMutual Asia Limited</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,100,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">MUFG Fund Services (Cayman) Limited, acting solely in its capacity as trustee of Bright-I Fund, a sub-fund of Global Private Credit Umbrella Unit Trust</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,275,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Teachers Insurance and Annuity Association of America</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$20,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance and Annuity Corporation</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$14,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 8pt;line-height:107.92%;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:100%;font-family:Times New Roman;font-size: 12pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt 0pt 8pt;line-height:107.92%;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.10%;margin-left:0.25pt;line-height:100%;margin-bottom:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Party to Purchase Series A Note</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Original Principal Amount of Series A Note to be issued </font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Bank of New York Mellon, solely as Trustee un that certain Trust Agreement dated as of July 1</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:100%">st</font><font style="display: inline;">, 2015 between New York Life Insurance Company, as Grantor, John Hancock Life Insurance Company (U.S.A.) as Beneficiary, John Hancock Life Insurance Company of New York, as Beneficiary, and The Bank of New York Mellon, as Trustee</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;&nbsp;600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance and Annuity Corporation Institutionally Owned Life Insurance Separate Account</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Nationwide Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$20,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">State Farm Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$19,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">State Farm Life and Accident Assurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Prudential Retirement Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Pensionkasse des Bundes PUBLICA</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Thrivent Financial for Lutherans</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$20,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Hartford Insurance Company of Illinois</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Hartford Insurance Company of Illinois</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Hartford Insurance Company of Illinois</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Hartford Life and Accident Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Talcott Resolution Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Principal Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$17,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Principal Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Principal Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Principal Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Voya Retirement Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 8,400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">State Street Bank and Trust Company, as Trustee of the United Technologies Corporation Employee Savings Plan Master Trust</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 6,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Voya Retirement Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Reliastar Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Reliastar Life Insurance Company of New York</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Minnesota Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Alliance United Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Optum Bank, Inc.</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Blue Cross and Blue Shield of Florida, Inc.</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">UnitedHealthcare Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Trustmark Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Gleaner Life Insurance Society</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;300,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Unity Financial Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">UnitedHealthcare Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Western Fraternal Life Association</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;100,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Party to Purchase Series A Note</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Original Principal Amount of Series A Note to be issued </font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Delta Dental of Minnesota</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;100,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Eagle Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Allianz Life Insurance Company of North America</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 8,400,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Allianz Global Risks US Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">AXA Equitable Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$11,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">AXA Equitable Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Horizon Blue Cross and Blue Shield of New Jersey</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Integrity Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Auto-Owners Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Guardian Life Insurance Company of America (PRIF-W)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Guardian Life Insurance Company of America (PRIF-L)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Genworth Mortgage Insurance Corporation</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Life Insurance Company of the Southwest</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 8,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">CMFG Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">CMFG Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">CMFG Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">RGA Reinsurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 6,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:68.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Southern Farm Bureau Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:31.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
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<DOCUMENT>
<TYPE>EX-4.2
<SEQUENCE>3
<FILENAME>payx-20190109xex4_2.htm
<DESCRIPTION>EX-4.2
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.25.0.1-->
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		<title>
			Exhibit 4.2
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			<font style="display: inline;font-weight:bold;">Exhibit 4.2</font>

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			&nbsp;

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		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;">[Form of Series&nbsp;B Note]</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex of New York LLC</font>
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		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4.25% Senior Notes, Series&nbsp;B, Due March 13, 2029</font>
		</p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">No. B-[_____]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$[</font><font style="display: inline;text-decoration:underline;">_______</font><font style="display: inline;">]</font></p>
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						<font style="display: inline;font-weight:bold;">[Date]</font></p>
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						<font style="display: inline;">PPN 70432* AB7</font></p>
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			<font style="display: inline;">For Value Received</font><font style="display: inline;">, the undersigned, </font><font style="display: inline;font-weight:bold;">Paychex of New York LLC</font><font style="display: inline;"> (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), a corporation organized and existing under the laws of the State of Delaware, hereby promises to pay to [_______*_____], or registered assigns, the principal sum of [___________*__________] </font><font style="display: inline;">Dollars</font><font style="display: inline;"> (or so much thereof as shall not have been prepaid) on March 13, 2029 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Maturity Date&#x201D;</font><font style="display: inline;">), with interest (computed on the basis of a 360</font><font style="display: inline;">&#8209;day year of twelve 30</font><font style="display: inline;">&#8209;day months) (a)&nbsp;on the unpaid balance hereof at the rate of 4.25% per annum from the date hereof, payable </font><font style="display: inline;">semiannually</font><font style="display: inline;">, on the 13th day of March and September in each year, commencing with the March 13 or September 13 next succeeding the date hereof, and on the Maturity Date, until the principal hereof shall have become due and payable, and (b)&nbsp;to the extent permitted by law, (x)&nbsp;on any overdue payment of interest and (y)&nbsp;during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make</font><font style="display: inline;">&#8209;Whole Amount, at a rate per annum from time to time equal to 6.25</font><font style="display: inline;">%</font><font style="display: inline;">,</font><font style="display: inline;"> payable</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">semiannually</font><font style="display: inline;"> as aforesaid (or, at the option of the registered holder hereof, on demand).</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payments of principal of, interest on and any Make</font><font style="display: inline;">&#8209;Whole Amount with respect to this Note are to be made in lawful money of the United States of America at Bank of America, N.A.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Note Purchase and Guarantee Agreement referred to below.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is one of a series of Senior Notes (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">) issued pursuant to the Note Purchase and Guarantee Agreement, dated as of January 9, 2019 (as from time to time amended, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Purchase and Guarantee Agreement&#x201D;</font><font style="display: inline;">), among the Company, Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D;), and the respective Purchasers named therein and is entitled to the benefits thereof.&nbsp;&nbsp;Each holder of this Note will be deemed, by its acceptance hereof, to have (i)&nbsp;agreed to the confidentiality provisions set forth in Section&nbsp;20 of the Note Purchase and Guarantee Agreement and (ii)&nbsp;made the representation set forth in Section&nbsp;6.2 of the Note Purchase and Guarantee Agreement.&nbsp;&nbsp;Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is a registered Note and, as provided in the Note Purchase and Guarantee Agreement, upon surrender of this Note for registration of transfer accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder&#x2019;s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee.&nbsp;&nbsp;Prior to due presentment for registration of transfer, the Company may </font>
		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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			&nbsp;

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</div>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt"><font style="display: inline;">treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will not be affected by any notice to the contrary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is </font><font style="display: inline;">subject to optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the </font><font style="display: inline;">Note Purchase and Guarantee Agreement</font><font style="display: inline;">, but not otherwise.</font><font style="display: inline;"> &nbsp;This Note is subject to an additional payment of an Incremental Leverage Fee in certain circumstances as set forth in the Note Purchase and Guarantee Agreement.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make</font><font style="display: inline;">&#8209;Whole Amount) and with the effect provided in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.</font>
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			<font style="display: inline;">&#xFEFF;</font>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;">Paychex of New York LLC</font></p>
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						<font style="display: inline;">By: </font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;">[Title]</font></p>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">_____________________________</font>
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			<font style="display: inline;">* See Schedule attached hereto for purchaser names and dollar amounts of Series B Notes to be purchased when issued.</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			&nbsp;
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		</p>
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			&nbsp;

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		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;">SCHEDULE</font>
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			<font style="display: inline;">TO </font>
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			<font style="display: inline;">FORM OF SERIES B NOTE</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Explanatory Note: As provide in Instruction 2 to Item 601(a) of Regulation S-K, the following schedule sets forth the name of each purchaser and the dollar amount each of the 4.25% Senior Notes, Series A, due March 13, 2029 (&#x201C;Series B Notes&#x201D;) to be issued by Paychex of New York LLC of Series B Notes pursuant to and at the times provided in the Note Purchase and Guarantee Agreement between Paychex of New York LLC, as issuer, and Paycheck, Inc., as parent guarantor, and the purchasers party thereto, dated as of January&nbsp;9, 2019 (&#x201C;Note Purchase and Guarantee Agreement&#x201D;).</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;line-height:100%;margin-bottom:0pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:71.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-weight:bold;"> Note</font></p>
				</td>
				<td valign="top" style="width:28.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Party to Purchase Series B</font><font style="display: inline;font-weight:bold;"> Note</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Original Principal Amount</font><font style="display: inline;font-weight:bold;"> of Series B</font><font style="display: inline;font-weight:bold;"> Note to be issued</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American General Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$28,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American General Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$20,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American General Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$15,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The United States Life Insurance Company in the City of New York </font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$16,800,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Northwestern Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$39,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Northwestern Mutual Life Insurance Company for Its Group Annuity Separate Account</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;&nbsp;&nbsp;800,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Tower Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;6,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Metropolitan Property and Casualty Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,300,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">MetLife Insurance K.K.</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,100,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Brighthouse Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Brighthouse Reinsurance Company of Delaware</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Massachusetts Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$15,900,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Massachusetts Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,900,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">MassMutual Asia Limited</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 2,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Teachers Insurance and Annuity Association of America</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$20,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$15,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance and Annuity Corporation</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$14,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Bank of New York Mellon, solely as Trustee un that certain Trust Agreement dated as of July 1</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:100%">st</font><font style="display: inline;">, 2015 between New York Life Insurance Company, as Grantor, John Hancock Life Insurance Company (U.S.A.) as Beneficiary, John Hancock Life Insurance Company of New York, as Beneficiary, and The Bank of New York Mellon, as Trustee</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;&nbsp;600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York Life Insurance and Annuity Corporation Institutionally Owned Life Insurance Separate Account</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Party to Purchase Series B</font><font style="display: inline;font-weight:bold;"> Note</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Original Principal Amount</font><font style="display: inline;font-weight:bold;"> of Series B</font><font style="display: inline;font-weight:bold;"> Note to be issued</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Nationwide Life and Annuity Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">State Farm Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Zurich American Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Prudential Retirement Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Gibraltar Universal Life Reinsurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,250,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Prudential Term Reinsurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,250,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Thrivent Financial for Lutherans</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Athene Annuity and Life Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Voya Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Unum Life Insurance Company of America</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">First Unum Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$10,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Minnesota Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 6,200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Cincinnati Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,600,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Securian Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Catholic Financial Life</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American Republic Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New Era Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$&nbsp;&nbsp;200,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American Equity Investment Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$14,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">American United Life Insurance company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 7,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The State Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">National Integrity Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Auto-Owners Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 3,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">United of Omaha Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$12,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Guardian Life Insurance Company of America (PRIF-W)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Berkshire Life Insurance Company of America</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">The Guardian Life Insurance &amp; Annuity Company, Inc. </font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Genworth Life Insurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Ameritas Life Insurance Corp.</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 4,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:71.98%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;">Ameritas Life Insurance Corp. of New York</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:28.02%;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$ 1,000,000</font></p>
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			<font style="display: inline;">&#xFEFF;</font>
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			&nbsp;

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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>4
<FILENAME>payx-20190109xex10_1.htm
<DESCRIPTION>EX-10.1
<TEXT>
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<!--Created on: 1/11/2019 4:55:28 PM-->
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	<head>
		<title>
			Exhibit 10.1
		</title>
	</head>
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			<a name="_GoBack"></a><font style="display: inline;">Execution Version</font>
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:90pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Paychex, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;text-transform:uppercase;">$800,000,000</font>
		</p>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">$400,000,000 4.07% Senior Notes, Series&nbsp;A, due March 13, 2026</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">$400,000,000 4.25% Senior Notes, Series&nbsp;B, due March 13, 2029</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">______________</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;text-transform:uppercase;">Note Purchase and Guarantee Agreement</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
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			<font style="display: inline;">______________</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 90pt;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Dated as of January 9, 2019</font>
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		<p style="margin:0pt 0pt 0pt 72pt;text-indent:-36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:7pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">

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			&nbsp;

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</div>
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;text-transform:uppercase;">Table of Contents</font>
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						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
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				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
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				<td valign="bottom" style="width:06.70%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
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					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Heading</font></p>
				</td>
				<td valign="bottom" style="width:06.70%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Page</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Authorization of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">1&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;1.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">1&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;1.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Parent Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">1&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;1.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Subsidiary Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">1&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;1.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Incremental Leverage Fee</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">2&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Sale and Purchase of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">2&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Closing</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">3&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Conditions to Closing</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">3&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Representations and Warranties</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">3&nbsp;
				</td>
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					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Performance; No Default</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">3&nbsp;
				</td>
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					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Compliance Certificates</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
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			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Opinions of Counsel</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
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					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Purchase Permitted By Applicable Law, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
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					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.6.</font></p>
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				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Sale of Other Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
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			<tr>
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					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Payment of Special Counsel Fees</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Private Placement Number</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.9.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Changes in Corporate Structure</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.10.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Funding Instructions</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.11.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Subsidiary Guaranty.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.12.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Proceedings and Documents</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;4.13.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Notice of Date of Closing</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Representations and Warranties of the Parent and the Company</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Organization; Power and Authority</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Authorization, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Disclosure</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Organization and Ownership of Shares of Subsidiaries; Affiliates</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Financial Statements; Material Liabilities</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Compliance with Laws, Other Instruments, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Governmental Authorizations, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Litigation; Observance of Agreements, Statutes and Orders</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.9.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Taxes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.10.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Title to Property; Leases</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.11.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Licenses, Permits, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.12.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Compliance with Employee Benefit Plans</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.13.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Private Offering by the Company</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">10&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.14.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Use of Proceeds; Margin Regulations</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">10&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.15.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Existing Indebtedness; Future Liens</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">11&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">-i-</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.16.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Foreign Assets Control Regulations, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">11&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.17.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Status under Certain Statutes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">12&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;5.18.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Environmental Matters</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">12&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Representations of the Purchasers</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">13&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;6.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Purchase for Investment</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">13&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;6.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Source of Funds</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">13&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Information as to Parent</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">14&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;7.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Financial and Business Information</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">14&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;7.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Officer&#x2019;s Certificate</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">17&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;7.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Visitation</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">18&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;7.4.&nbsp;</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Electronic Delivery</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">18&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Payment and Prepayment of the Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">19&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Maturity</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">19&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Optional Prepayments with Make</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&#8209;Whole Amount</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">19&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Allocation of Partial Prepayments</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">20&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Maturity; Surrender, Etc.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">20&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Purchase of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">20&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Make</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&#8209;Whole Amount</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">20&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Payments Due on Non</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&#8209;Business Days</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">22&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;8.8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Change in Control</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">22&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;9.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Affirmative Covenants.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">23&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Compliance with Laws</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">23&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Insurance</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">23&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Maintenance of Properties</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">24&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Payment of Taxes and Claims</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">24&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Corporate Existence, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">24&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Books and Records</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">24&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Subsidiary Guarantors</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">25&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;9.8</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Priority of Obligations</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">26&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;10.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Negative Covenants.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">26&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Transactions with Affiliates</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">26&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Merger, Consolidation, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">26&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Line of Business</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">28&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Economic Sanctions, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">28&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Liens</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">28&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Sale of Assets, Etc.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">30&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Consolidated Leverage Ratio</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">31&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Consolidated Interest Coverage Ratio</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">31&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.9.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Priority Indebtedness.</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">31&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">-ii-</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;11.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Events of Default</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">31&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;</font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">12</font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Remedies on Default, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">34&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Acceleration</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">34&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Other Remedies</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">35&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Rescission</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">35&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">No Waivers or Election of Remedies, Expenses, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">35&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;13.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Registration; Exchange; Substitution of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">35&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;13.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Registration of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">35&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;13.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Transfer and Exchange of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">36&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;13.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Replacement of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">36&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;14.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Payments on Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">37&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;14.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Place of Payment</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">37&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;14.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Payment by Wire Transfer</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">37&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;14.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">FATCA Information</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">37&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;</font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">15</font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Expenses</font><font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">38&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;15.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Transaction Expenses</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">38&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;15.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Certain Taxes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">38&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;15.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Survival</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">39&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;16.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Survival of Representations and Warranties; Entire Agreement</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">39&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;17.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Amendment and Waiver</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">39&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;17.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Requirements</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">39&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;17.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Solicitation of Holders of Notes</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">39&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;17.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Binding Effect, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">40&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;17.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Notes Held by Company, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">40&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;&nbsp;18.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Notices</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">41&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;&nbsp;19.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Reproduction of Documents</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">41&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;&nbsp;20.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Confidential Information</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">42&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;&nbsp;21.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Substitution of Purchaser</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">43&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;22.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Parent Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">43&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">43&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Guaranty of Payment</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">44&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">-iii-</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Continuing Guarantee; No Discharge or Diminishment of Parent Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">44&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Defenses Waived</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">45&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Rights of Subrogation</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">45&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Reinstatement; Stay of Acceleration</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">45&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Information</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">45&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.8.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Maximum Liability</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">45&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.9.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Liability Cumulative</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">46&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;22.10.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Limitation of Guaranty</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">46&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;23.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Miscellaneous</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">46&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.1.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Successors and Assigns</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">46&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.2.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Accounting Terms</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">46&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.3.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Severability</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">47&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.4.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Construction, Etc</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">47&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.5.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Counterparts</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">48&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.6.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Governing Law</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">48&nbsp;
				</td>
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			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;23.7.</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Jurisdiction and Process; Waiver of Jury Trial</font></p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">48&nbsp;
				</td>
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			<tr>
				<td valign="top" style="width:17.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Signature</font></p>
				</td>
				<td valign="top" style="width:76.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="middle" style="width:06.70%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">50&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">-iv-</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;A&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Defined Terms</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;</font><font style="display: inline;">1-A&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">&#x2014;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Form of 4.07% Senior Notes, Series&nbsp;A due March 13, 2026</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;</font><font style="display: inline;">1-B&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">&#x2014;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Form of 4.25% Senior Notes, Series&nbsp;B due March 13, 2029</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;</font><font style="display: inline;">4.4(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">&#x2014;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Form of Opinion of In-House Counsel for the Note Parties</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;</font><font style="display: inline;">4.4(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">&#x2014;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Form of Opinion of Special Counsel for the Note Parties</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;</font><font style="display: inline;">4.4(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">&#x2014;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Form of Opinion of Special Counsel for the Purchasers</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;5.3&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Disclosure Materials</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;5.4&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Subsidiaries of the Parent and Ownership of Subsidiary Stock</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;5.5&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Financial Statements</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;5.15&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Existing Indebtedness</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Schedule&nbsp;10.5&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Existing Liens</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Purchaser Schedule&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Information Relating to Purchasers</font><font style="display: inline;text-transform:uppercase;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Exhibit 1.3&nbsp;&nbsp;&nbsp;&nbsp;&#x2014;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">Form of Subsidiary Guaranty</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Paychex, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">911 Panorama Trail South</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Rochester, New York 14625</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">$400,000,000 4.07% Senior Notes, Series&nbsp;A, due March 13, 2026</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">$400,000,000 4.25% Senior Notes, Series&nbsp;B, due March 13, 2029</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> January 9, 2019</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">To Each of the Purchasers Listed in</font>
		</p>
		<p style="margin:0pt;line-height:normal;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">the Purchaser</font><font style="display: inline;">&nbsp;</font><font style="display: inline;text-transform:uppercase;">Schedule Hereto</font><font style="display: inline;">:</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Ladies and Gentlemen:</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex of New York LLC, a Delaware limited liability company (the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), and Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D; and collectively with the Company, the </font><font style="display: inline;font-weight:bold;">&#x201C;Obligors&#x201D;</font><font style="display: inline;">), jointly and severally, agree with each of the Purchasers as follows:</font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;Authorization of Notes; Guaranty.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section 1.1.</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Notes</font><font style="display: inline;font-style:italic;">. &nbsp;</font><font style="display: inline;">(a) The Company will authorize the issue and sale of (i)&nbsp;$400,000,000 aggregate principal amount of its 4.07% Senior Notes, Series&nbsp;A, due on March 13, 2026 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;A Notes&#x201D;</font><font style="display: inline;">) and (ii)&nbsp;$400,000,000 aggregate principal amount of its 4.25% Senior Notes, Series&nbsp;B, due on March 13, 2029 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;B Notes&#x201D;</font><font style="display: inline;">, together with the Series&nbsp;A Notes, the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">).&nbsp;&nbsp;The Notes shall be substantially in the form set out in Schedule&nbsp;1-A and Schedule&nbsp;1-B, respectively.&nbsp;&nbsp;Certain capitalized and other terms used in this Agreement are defined in Schedule&nbsp;A and, for purposes of this Agreement, the rules of construction set forth in Section 23.4 shall govern.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;The interest on the Notes shall be payable semi-annually on each March 13 and September 13 and on each anniversary of such dates thereafter (the </font><font style="display: inline;font-weight:bold;">&#x201C;Interest Payment Dates&#x201D;</font><font style="display: inline;">) until such principal shall have become due and payable.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section 1.2.</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Parent Guaranty</font><font style="display: inline;font-style:italic;">.&nbsp; </font><font style="display: inline;">The payment by the Company of all amounts due with respect to the Notes and this Agreement and the performance by the Company of its obligations under this Agreement are absolutely and unconditionally guaranteed by the Parent pursuant and subject to the provisions of Section 22 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Parent Guaranty&#x201D;</font><font style="display: inline;">).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section 1.3.</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Subsidiary Guaranty</font><font style="display: inline;font-style:italic;">.&nbsp; </font><font style="display: inline;">(a)&nbsp;The payment by the Company of all amounts due with respect to the Notes and this Agreement and the performance by the Parent and the Company of their obligations under this Agreement will be absolutely and unconditionally guaranteed by the Subsidiary Guarantors pursuant and subject to the terms of the Subsidiary Guaranty Agreement, dated as of the date of the Closing, which shall be substantially in the form of Exhibit&nbsp;1.3 attached hereto, in accordance with and subject to the provisions of Section&nbsp;9.7 hereof (the </font><font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guaranty&#x201D;</font><font style="display: inline;">).</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;A Subsidiary Guarantor shall be released and discharged from the Subsidiary Guaranty in accordance with Section 9.7(b).&nbsp; </font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;1.4.&nbsp;&nbsp;&nbsp;&nbsp;Incremental Leverage Fee.&nbsp; </font><font style="display: inline;">(a)&nbsp;If the Consolidated Leverage Ratio exceeds 3.50 to 1.00 as permitted by Section 10.7, as evidenced by an Officer&#x2019;s Certificate delivered pursuant to Section 7.2(a), an incremental leverage fee shall be due on the Notes in an amount equal to 0.50% of the aggregate outstanding amount of each Note (the </font><font style="display: inline;font-weight:bold;">&#x201C;Incremental Leverage Fee&#x201D;</font><font style="display: inline;">).&nbsp;&nbsp;Such Incremental Leverage Fee shall begin to accrue on the first day of the fiscal quarter following the fiscal quarter in respect of which such Officer&#x2019;s Certificate was delivered, and shall continue to accrue until the Company has provided an Officer&#x2019;s Certificate pursuant to Section 7.2(a) demonstrating that, as of the last day of the fiscal quarter in respect of which such Officer&#x2019;s Certificate is delivered, the Consolidated Leverage Ratio is not more than 3.50 to 1.00.&nbsp;&nbsp;In the event such Officer&#x2019;s Certificate evidencing that the Consolidated Leverage Ratio is not more than 3.50 to 1.00 is delivered, the Incremental Leverage Fee shall cease to accrue on and as of the last day of the fiscal quarter in respect of which such Officer&#x2019;s Certificate is delivered.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Within 10 Business Days of the delivery of an Officer&#x2019;s Certificate pursuant to Section 7.2(a) for any fiscal quarter in which the Incremental Leverage Fee accrued, the Company shall pay to each holder of a Note the amount attributable to the Incremental Leverage Fee (the </font><font style="display: inline;font-weight:bold;">&#x201C;Incremental Leverage Fee Payment&#x201D;</font><font style="display: inline;">) which shall be the product of (i) the aggregate outstanding principal amount of Notes held by such holder (or its predecessor(s) in interest) as of the first day that Incremental Leverage Fee begins to accrue with respect to the period covered by such Officer&#x2019;s Certificate, (ii)&nbsp;0.50% (to reflect the Incremental Leverage Fee) and (iii)&nbsp;0.25 (to reflect that the Incremental Leverage Fee is payable quarterly).&nbsp;&nbsp;The Incremental Leverage Fee Payment, if any, shall be paid by wire transfer of immediately available funds to each holder of the Notes in accordance with the terms of this Agreement.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;For avoidance of doubt, no Incremental Leverage Fee will be used in calculating any Make-Whole Amount.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">2</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Sale and Purchase of Notes.</font>
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			<font style="display: inline;">Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section&nbsp;3, Notes in the principal amount specified opposite such Purchaser&#x2019;s name in the Purchaser Schedule at the purchase price of 100% of the principal amount thereof.&nbsp;&nbsp;The Purchasers&#x2019; obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non</font><font style="display: inline;">&#8209;performance of any obligation by any other Purchaser hereunder.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">3</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Closing</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">This Agreement will be executed and delivered on January 9, 2019. The sale and purchase of the Notes to be purchased by each Purchaser shall occur at the offices of Chapman and Cutler, 111&nbsp;West Monroe Street, Chicago, Illinois 60603 at 8:00&nbsp;am Chicago time, at a closing (the </font><font style="display: inline;font-weight:bold;">&#x201C;Closing&#x201D;</font><font style="display: inline;">) on </font><font style="display: inline;color:#000000;">any date on or after January 16, 2019 but on or before March 13, 2019 as the Company may select with at least five (5) Business Days written notice to the Purchasers in accordance with Section&nbsp;4.13.&nbsp; </font><font style="display: inline;">At the Closing the Company will deliver to each Purchaser the Notes to be purchased by such Purchaser in the form of a single Note (or such greater number of Notes in denominations of at least $100,000 as such Purchaser may request) dated the date of the Closing and registered in such Purchaser&#x2019;s name (or in the name of its nominee), against delivery by such Purchaser to the Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer of immediately available funds for the account of the Company in accordance with the funding instructions delivered pursuant to Section&nbsp;4.10.&nbsp;&nbsp;If at the Closing the Company shall fail to tender such Notes to any Purchaser as provided above in this Section&nbsp;3, or any of the conditions specified in Section&nbsp;4 shall not have been fulfilled to such Purchaser&#x2019;s satisfaction, such Purchaser shall, at its election, be relieved of all further obligations under this Agreement, without thereby waiving any rights such Purchaser may have by reason of such failure by the Company to tender such Notes or any of the conditions specified in Section&nbsp;4 not having been fulfilled to such Purchaser&#x2019;s satisfaction.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">4</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Conditions to Closing</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">Each Purchaser&#x2019;s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing is subject to the fulfillment to such Purchaser&#x2019;s satisfaction, prior to or at the Closing, of the following conditions:</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">Section 4.1.&nbsp;&nbsp;&nbsp;&nbsp;Representations and Warranties</font><a name="_DV_M228"></a><font style="display: inline;color:#000000;">.</font>
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			<a name="_DV_M229"></a><font style="display: inline;color:#000000;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;color:#000000;">Representations and Warranties of the Obligors.&nbsp; </font><font style="display: inline;color:#000000;">The representations and warranties of the Obligors in this Agreement shall be correct when made and at the time of the Closing.</font>
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			<a name="_DV_M230"></a><font style="display: inline;color:#000000;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;color:#000000;">Representations and Warranties of the Subsidiary Guarantors. </font><font style="display: inline;color:#000000;">The representations and warranties of the Subsidiary Guarantors in the Subsidiary Guaranty shall be correct when made and at the time of </font><font style="display: inline;">the</font><font style="display: inline;color:#000000;"> Closing.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Performance; No Default</font><font style="display: inline;">.</font><font style="display: inline;font-weight:bold;"> &nbsp; &nbsp;</font><font style="display: inline;">Each Note Party shall have performed and complied with all agreements and conditions contained in this Agreement and the Subsidiary Guaranty, as the case may be, required to be performed or complied with by it prior to or at the Closing.&nbsp;&nbsp;From the date of this Agreement until the Closing, before and after giving effect to the issue and sale of the Notes (and the application of the proceeds thereof as contemplated by Section&nbsp;5.14), no Change of Control, Default or Event of Default shall have occurred and be continuing.&nbsp;&nbsp;No Note Party nor any Subsidiary shall have entered into any transaction since the date of the Memorandum that would have been prohibited by Section&nbsp;10 had such Section applied since such date.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Compliance Certificates</font><font style="display: inline;">.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Officer&#x2019;s Certificate</font><font style="display: inline;">.&nbsp;&nbsp;Each Note Party shall have delivered to such Purchaser an Officer&#x2019;s Certificate, dated the date of the Closing, certifying that the conditions specified in Sections 4.1, 4.2 and 4.9 have been fulfilled.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Secretary&#x2019;s Certificate</font><font style="display: inline;">.&nbsp;&nbsp;Each Note Party shall have delivered to such Purchaser a certificate of its Secretary or Assistant Secretary or other appropriate officer, dated the date of the Closing, certifying as to (i)&nbsp;the resolutions attached thereto and other corporate or limited liability company proceedings relating to the authorization, execution and delivery of the Notes and each Note Document to which it is a party and (ii)&nbsp;such Note Party&#x2019;s organizational documents as then in effect.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Opinions of Counsel</font><font style="display: inline;">.&nbsp;&nbsp;Such Purchaser shall have received opinions in form and substance satisfactory to such Purchaser, dated the date of the Closing (a)&nbsp;from an in-house counsel of the Parent for the Note Parties, covering the matters set forth in Schedule 4.4(a), (b) from Nixon Peabody LLP, special counsel for the Note Parties, covering the matters set forth in Schedule&nbsp;4.4(b) (and the Company hereby instructs its counsel to deliver such opinion to the Purchasers) and (c)&nbsp;from Chapman and Cutler LLP, the Purchasers&#x2019; special counsel in connection with such transactions, substantially in the form set forth in Schedule&nbsp;4.4(c) and covering such other matters incident to such transactions as such Purchaser may reasonably request.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Purchase Permitted By Applicable Law, Etc</font><font style="display: inline;">.&nbsp;&nbsp;On the date of the Closing such Purchaser&#x2019;s purchase of Notes shall (a)&nbsp;be permitted by the laws and regulations of each jurisdiction to which such Purchaser is subject, without recourse to provisions (such as section&nbsp;1405(a)(8) of the New York Insurance Law) permitting limited investments by insurance companies without restriction as to the character of the particular investment, (b)&nbsp;not violate any applicable law or regulation (including Regulation T, U or X of the Board of Governors of the Federal Reserve System) and (c)&nbsp;not subject such Purchaser to any tax, penalty or liability under or pursuant to any applicable law or regulation, which law or regulation was not in effect on the date hereof.&nbsp;&nbsp;If requested by such Purchaser, such Purchaser shall have received an Officer&#x2019;s Certificate certifying as to such matters of fact as such Purchaser may reasonably specify to enable such Purchaser to determine whether such purchase is so permitted.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Sale of Other Notes</font><font style="display: inline;">.&nbsp;&nbsp;Contemporaneously with the Closing the Company shall sell to each other Purchaser and each other Purchaser shall purchase the Notes to be purchased by it at the Closing as specified in the Purchaser Schedule.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">7</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Payment of Special Counsel Fees</font><font style="display: inline;">.&nbsp;&nbsp;Without limiting Section&nbsp;15.1, the Company shall have paid on or before the date of this Agreement and the Closing the fees, charges and disbursements of the Purchasers&#x2019; special counsel referred to in Section&nbsp;4.4 to the extent reflected in a statement of such counsel rendered to the Company at least one Business Day prior to the date of this Agreement or the Closing, as applicable.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Private Placement Number</font><font style="display: inline;">.&nbsp;&nbsp;A Private Placement Number issued by Standard &amp; Poor&#x2019;s CUSIP Service Bureau (in cooperation with the SVO) shall have been obtained for each series of Notes.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Changes in Organizational Structure</font><font style="display: inline;">.&nbsp;&nbsp;Except as disclosed by the Company to each Purchaser in writing at least 3 Business Days prior to Closing, no Note Party shall have changed its jurisdiction of incorporation or organization, as applicable, or been a party to any merger or consolidation or succeeded to all or any substantial part of the liabilities of any other entity, at any time following the date of the most recent financial statements referred to in Schedule&nbsp;5.5.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Funding Instructions</font><font style="display: inline;">.&nbsp;&nbsp;At least three Business Days prior to the date of the Closing, each Purchaser shall have received written instructions signed by a Responsible Officer on letterhead of the Company confirming the information specified in Section&nbsp;3 including (i)&nbsp;the name and address of the transferee bank, (ii)&nbsp;such transferee bank&#x2019;s ABA number and (iii)&nbsp;the account name and number into which the purchase price for the Notes is to be deposited.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Section 4.11.&nbsp;&nbsp;&nbsp;&nbsp;Subsidiary Guaranty</font><a name="_DV_M263"></a><font style="display: inline;color:#000000;">.</font><font style="display: inline;font-style:italic;color:#000000;"> &nbsp; &nbsp;</font><font style="display: inline;color:#000000;">The Subsidiary Guaranty shall have been duly authorized, executed and delivered by the respective parties thereto, shall constitute the legal, valid and </font><font style="display: inline;">binding</font><font style="display: inline;color:#000000;"> contract and agreement of the respective parties thereto and such Purchaser or such Purchaser&#x2019;s special counsel shall have received a true, correct and complete copy</font><a name="_DV_M264"></a><font style="display: inline;color:#000000;"> thereof.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Proceedings and Documents</font><font style="display: inline;">.&nbsp;&nbsp;All corporate, limited liability company and other proceedings in connection with the transactions contemplated by this Agreement and all documents and instruments incident to such transactions shall be reasonably satisfactory to such Purchaser and its special counsel, and such Purchaser and its special counsel shall have received all such counterpart originals or certified or other copies of such documents as such Purchaser or such special counsel may reasonably request.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;4.13.&nbsp;&nbsp;&nbsp;&nbsp;Notice of Date of Closing.</font><font style="display: inline;font-style:italic;"> &nbsp; &nbsp;</font><font style="display: inline;">At least five (5) Business Days prior to the date of the Closing, each Purchaser shall have received written notice signed by a Responsible Officer on letterhead of the Company confirming the date of the Closing applicable to such Notes based on such date selected for the Closing.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">5</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Representations and Warranties of the Parent and the Company</font><font style="display: inline;text-transform:uppercase;">.</font>
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		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">As of the date hereof and as of the date of Closing, the Parent and the Company represent and warrant to each Purchaser that:</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Organization; Power and Authority</font><font style="display: inline;">.&nbsp;&nbsp;Each Note Party is a corporation or a limited liability company duly organized, validly existing and in good standing under the laws of its jurisdiction of organization, and is duly qualified as a foreign corporation or limited liability company and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;Each Note Party has the corporate or limited liability company power and authority to own or hold under lease the properties it purports to own or hold under lease, to transact the business it transacts and proposes to transact, to execute and deliver each Note Document to which it is a party and the Notes (in the case of the Company) and to perform the provisions hereof and thereof.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Authorization, Etc</font><font style="display: inline;">.&nbsp;&nbsp;Each Note Document has been duly au</font><font style="display: inline;">thorized by all necessary corporate or limited liability company action on the part of each Note Party which is a party thereto, and each such Note Document constitutes, and each Note upon execution and delivery thereof by the Company will constitute, a valid and legally binding obligation of each Note Party enforceable against such Note Party in accordance with its terms, except as such enforceability may be limited by (i)&nbsp;applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors&#x2019; rights generally and (ii)&nbsp;general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law).</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Disclosure</font><font style="display: inline;">.&nbsp;&nbsp;The Note Parties, through their agents, Merrill Lynch, Pierce, Fenner and Smith Incorporated and J.P. Morgan Securities, Inc., has delivered to each Purchaser a copy of a Private Placement Offering Memorandum, dated November 2018 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Memorandum&#x201D;</font><font style="display: inline;">), including access to the information incorporated by reference therein, relating to the transactions contemplated hereby.&nbsp;&nbsp;The Memorandum fairly describes, in all material respects, the general nature of the business of the Parent and its Subsidiaries as of the date thereof.&nbsp;&nbsp;The Note Documents, the Memorandum, the financial statements listed in Schedule&nbsp;5.5 and the documents, certificates or other writings delivered to the Purchasers by or on behalf of the Note Parties prior to December 13, 2018 in connection with the transactions contemplated hereby and identified in Schedule&nbsp;5.3 (the Note Documents, the Memorandum and such documents, certificates or other writings and such financial statements delivered to each Purchaser being referred to, collectively, as the </font><font style="display: inline;font-weight:bold;">&#x201C;Disclosure Documents&#x201D;</font><font style="display: inline;">), taken as a whole, do not contain any untrue statement of a material fact or omit to state any material fact necessary to make the statements therein not misleading in light of the circumstances under which they were made.&nbsp;&nbsp;Except as disclosed in the Disclosure Documents, since May 31, 2018, there has been no change in the financial condition, operations, business, properties or prospects of the Parent or any Subsidiary except changes that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;There is no fact known to the Note Parties that would reasonably be expected to have a Material Adverse Effect that has not been set forth herein or in the Disclosure Documents; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;">, however, that any projections or other forward-looking information contained in the Disclosure Documents are not to be viewed as facts and that actual results during the period or periods covered by such projections may differ from such projections and that the differences may be material.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Organization and Ownership of Equity Interests of Subsidiaries</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;Schedule&nbsp;5.4 contains (except as noted therein) complete and correct lists of the Parent&#x2019;s Subsidiaries, showing, as to each Subsidiary, the name thereof, the jurisdiction of its organization, the percentage of shares of each class of its capital stock or similar equity interests outstanding owned by the Parent and each other Subsidiary and whether such Subsidiary is a Subsidiary Guarantor.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;All of the outstanding shares of capital stock or similar equity interests of each Subsidiary shown in Schedule&nbsp;5.4 as being owned by the Parent and its Subsidiaries have been validly issued, are fully paid and non</font><font style="display: inline;">&#8209;assessable and are owned by the Parent or another Subsidiary free and clear of any Lien that is prohibited by this Agreement.</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;Each Subsidiary is a corporation or other legal entity duly organized, validly existing and, where applicable, in good standing under the laws of its jurisdiction of organization, and is duly qualified as a foreign corporation or other legal entity and, where applicable, is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;Each such Subsidiary has the corporate or other power and authority to own or hold under lease the properties it purports to own or hold under lease and to transact the business it transacts and proposes to transact.</font>
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			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;No Subsidiary is subject to any legal, regulatory, contractual or other restriction (other than the agreements listed on Schedule&nbsp;5.4 and customary limitations imposed by corporate law or similar statutes) restricting the ability of such Subsidiary to pay dividends out of profits or make any other similar distributions of profits to the Company, the Parent or any of its Subsidiaries that owns outstanding shares of capital stock or similar equity interests of such Subsidiary.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements; Material Liabilities</font><font style="display: inline;">.&nbsp;&nbsp;The Parent has delivered to each Purchaser copies of the financial statements of the Parent and its Subsidiaries listed on Schedule&nbsp;5.5.&nbsp;&nbsp;All of such financial statements (including in each case the related schedules and notes) fairly present in all material respects the consolidated financial position of the Parent and its consolidated Subsidiaries as of the respective dates specified in such Schedule and the consolidated results of their operations and cash flows for the respective periods so specified and have been prepared in accordance with GAAP consistently applied throughout the periods involved except as set forth in the notes thereto (subject, in the case of any interim financial statements, to normal year</font><font style="display: inline;">&#8209;end adjustments).&nbsp;&nbsp;The Parent and its Subsidiaries do not have any Material liabilities that are not disclosed in the Disclosure Documents.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Compliance with Laws, Other Instruments, Etc</font><font style="display: inline;">.&nbsp;&nbsp;The execution, delivery and performance by each Note Party of each Note Document to which it is a party will not in any material respect (i)&nbsp;contravene, result in any breach of, or constitute a default under, or result in the creation of any Lien in respect of any property of the Parent, the Company or any Subsidiary under, any indenture, mortgage, deed of trust, loan, purchase or credit agreement, lease, corporate charter, regulations or by</font><font style="display: inline;">&#8209;laws, shareholders agreement or any other agreement or instrument to which the Parent, the Company or any Subsidiary is bound or by which the Parent, the Company or any Subsidiary or any of their respective properties may be bound or affected, (ii)&nbsp;conflict with or result in a breach of any of the terms, conditions or provisions of any order, judgment, decree or ruling of any court, arbitrator or Governmental Authority applicable to the Parent, the Company or any Subsidiary or (iii)&nbsp;violate any provision of any statute or other rule or regulation of any Governmental Authority applicable to the Parent, the Company or any Subsidiary. </font>
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			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;5.7.</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Governmental Authorizations, Etc.&nbsp;&nbsp;No consent, approval or authorization of, or registration, filing or declaration with, any Governmental Authority is required in connection with the execution, delivery or performance by any Note Party of any Note Document, other than filing of a current report on Form 8-K and other filings under the Securities Exchange Act of 1934, as amended.</font>
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			<font style="display: inline;font-weight:bold;">Sectio</font><font style="display: inline;font-weight:bold;">n&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Litigation; Observance of Agreements, Statutes and Orders</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;There are no actions, suits, investigations or proceedings pending or, to the best knowledge of the Note Parties, threatened against or affecting the Parent or any Subsidiary or any property of the Parent or any Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Neither the Parent nor any Subsidiary is (i) in default under any agreement or instrument to which it is a party or by which it is bound, (ii) in violation of any order, judgment, decree or ruling of any court, any arbitrator of any kind or any Governmental Authority or (iii) in violation of any applicable law, ordinance, rule or regulation of any Governmental Authority (including Environmental Laws, the USA PATRIOT Act or any of the other laws and regulations that are referred to in Section 5.16), which default or violation would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Taxes</font><font style="display: inline;">.&nbsp;&nbsp;The Parent and its Subsidiaries have filed all income tax returns and other Material tax returns that are required to have been filed in any jurisdiction, and have paid all taxes shown to be due and payable on such returns and all other taxes and assessments levied upon them or their properties, assets, income or franchises, to the extent such taxes and assessments have become due and payable and before they have become delinquent, except for any taxes and assessments (i)&nbsp;the amount of which, individually or in the aggregate, is not reasonably expected to be Material or (ii)&nbsp;the amount, applicability or validity of which is currently being contested in good faith by appropriate proceedings and with respect to which the Parent, the Company or a Subsidiary, as the case may be, has established adequate reserves in accordance with GAAP.&nbsp;&nbsp;None of the Note Parties knows of any basis for any other tax or assessment that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;The charges, accruals and reserves on the books of the Parent and its Subsidiaries in respect of U.S. federal, state or other taxes for all fiscal periods are adequate. With </font><font style="display: inline;">respect to each U.S. federal income tax return of the Parent and its Subsidiaries, such tax return has either been the subject of a completed audit, or the statute of limitations applicable to such tax return has run, for all fiscal years of the Parent or such Subsidiary up to and including the fiscal year ended May 31, 2017.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Title to Property; Leases</font><font style="display: inline;">.&nbsp;&nbsp;The Parent and its Subsidiaries have good and sufficient title to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section&nbsp;5.5 or purported to have been acquired by the Parent or any Subsidiary after such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement.&nbsp;&nbsp;All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects. </font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">11</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Licenses, Permits, Etc</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;The Parent and its Subsidiaries own or possess all licenses, permits, franchises, authorizations, patents, copyrights, proprietary software, service marks, trademarks and trade names, or rights thereto, that individually or in the aggregate are Material, without known conflict with the rights of others.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;No product or service of the Parent or any of its Subsidiaries infringes in any material respect any license, permit, franchise, authorization, patent, copyright, proprietary software, service mark, trademark, trade name or other right owned by any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;To the knowledge of the Note Parties, there is no Material violation by any Person of any right of the Parent or any of its Subsidiaries with respect to any license, permit, franchise, authorization, patent, copyright, proprietary software, service mark, trademark, trade name or other right owned or used by the Parent or any of its Subsidiaries.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Compliance with Employee Benefit Plans</font><font style="display: inline;">.&nbsp;&nbsp;(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;Each Note Party and each ERISA Affiliate have operated and administered each Plan in compliance with all applicable laws except for such instances of noncompliance as have not resulted in and would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.&nbsp;&nbsp;No Note Party nor any ERISA Affiliate has incurred any liability pursuant to Title&nbsp;I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans (as defined in section&nbsp;3 of ERISA), and no event, transaction or condition has occurred or exists that would, individually or in the aggregate, reasonably be expected to result in the incurrence of any such liability by the Company or any ERISA Affiliate, or in the imposition of any Lien on any of the rights, properties or assets of the Company or any ERISA Affiliate, in either case pursuant to Title&nbsp;I or IV of ERISA or to section&nbsp;430(k) of the Code or to any such penalty or excise tax provisions under the Code or federal law or section&nbsp;4068 of ERISA or by the granting of a security interest in connection with the amendment of a Plan, other than such liabilities or Liens as would not be individually or in the aggregate Material.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;The present value of the aggregate benefit liabilities under each of the Plans (other than Multiemployer Plans), determined as of the end of such Plan&#x2019;s most recently ended plan year on the basis of the actuarial assumptions specified for funding purposes in such Plan&#x2019;s most recent actuarial valuation report, did not exceed the aggregate current value of the assets of such Plan allocable to such benefit liabilities.&nbsp;&nbsp;The present value of the accrued benefit liabilities (whether or not vested) under each Non</font><font style="display: inline;">&#8209;U.S. Plan that is funded, determined as of the end of the Company&#x2019;s most recently ended fiscal year on the basis of reasonable actuarial assumptions, did not exceed the current value of the assets of such Non</font><font style="display: inline;">&#8209;U.S. Plan allocable to such benefit liabilities by more than $10,000,000.&nbsp;&nbsp;The term </font><font style="display: inline;font-weight:bold;">&#x201C;benefit liabilities&#x201D;</font><font style="display: inline;"> has the meaning specified in section&nbsp;4001 of ERISA and the terms </font><font style="display: inline;font-weight:bold;">&#x201C;current value&#x201D; </font><font style="display: inline;">and </font><font style="display: inline;font-weight:bold;">&#x201C;present value&#x201D;</font><font style="display: inline;"> have the meaning specified in section&nbsp;3 of ERISA.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">c</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;The Parent and its ERISA Affiliates have not incurred (i) withdrawal liabilities (and are not subject to contingent withdrawal liabilities) under section&nbsp;4201 or 4204 of ERISA in respect of Multiemployer Plans that individually or in the aggregate are Material or (ii)&nbsp;any obligation in connection with the termination of or withdrawal from any Non</font><font style="display: inline;">&#8209;U.S. Plan that individually or in the aggregate are Material.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">d</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;The expected postretirement benefit obligation (determined as of the last day of the Company&#x2019;s most recently ended fiscal year in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 715</font><font style="display: inline;">&#8209;60, without regard to liabilities attributable to continuation coverage mandated by section&nbsp;4980B of the Code) of the Parent and its Subsidiaries is not Material.</font>
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			<font style="display: inline;">(</font><font style="display: inline;">e</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;The execution and delivery of any Note Document and the issuance and sale of the Notes hereunder will not involve any transaction that is subject to the prohibitions of section&nbsp;406 of ERISA or in connection with which a tax could be imposed pursuant to section&nbsp;4975(c)(1)(A)</font><font style="display: inline;">&#8209;(D) of the Code.&nbsp;&nbsp;The representation by the Obligors to each Purchaser in the first sentence of this Section&nbsp;5.12(e) is made in reliance upon and subject to the accuracy of such Purchaser&#x2019;s representation in Section&nbsp;6.2 as to the sources of the funds to be used to pay the purchase price of the Notes to be purchased by such Purchaser.</font>
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			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;All Non</font><font style="display: inline;">&#8209;U.S. Plans have been established, operated, administered and maintained in compliance with all laws, regulations and orders applicable thereto, except where failure so to comply would not be reasonably expected to have a Material Adverse Effect.&nbsp;&nbsp;All premiums, contributions and any other amounts required by applicable Non</font><font style="display: inline;">&#8209;U.S. Plan documents or applicable laws to be paid or accrued by the Parent and its Subsidiaries have been paid or accrued as required, except where failure so to pay or accrue could not be reasonably expected to have a Material Adverse Effect.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">13</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Private Offering by the Company</font><font style="display: inline;">.&nbsp;&nbsp;No Note Party nor anyone acting on their behalf has offered the Notes or any similar Securities for sale to, or solicited any offer to buy the Notes or any similar Securities from, or otherwise approached or negotiated in respect thereof with, any Person other than 75 Institutional Investors (including the Purchasers), each of which has been offered the Notes at a private sale for investment.&nbsp;&nbsp;No Note Party nor anyone acting on their behalf has taken, or will take, any action that would subject the issuance or sale of the Notes to the registration requirements of section&nbsp;5 of the Securities Act or to the registration requirements of any such Securities or blue sky laws of any applicable jurisdiction.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">14</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Use of Proceeds; Margin Regulations</font><font style="display: inline;">.&nbsp;&nbsp;The Company will apply the proceeds of the sale of the Notes hereunder as set forth in the Memorandum.&nbsp;&nbsp;No part of the proceeds from the sale of the Notes hereunder will be used, directly or indirectly, for the purpose of buying or carrying any margin stock within the meaning of Regulation&nbsp;U of the Board of Governors of the Federal Reserve System (12 CFR 221), or for the purpose of buying or carrying or trading in any Securities under such circumstances as to involve the Company in a violation of Regulation X of said Board (12 CFR 224) or to involve any broker or dealer in a violation of Regulation T of said Board (12 CFR 220).&nbsp;&nbsp;Margin stock does not constitute more than 3% of the value of the consolidated assets of the Parent and its Subsidiaries and the Company does not have any present intention that margin stock will constitute more than 3% of the value of such assets.&nbsp;&nbsp;As used in this Section, the terms </font><font style="display: inline;font-weight:bold;">&#x201C;margin stock&#x201D;</font><font style="display: inline;"> and </font><font style="display: inline;font-weight:bold;">&#x201C;purpose of buying or carrying&#x201D;</font><font style="display: inline;"> shall have the meanings assigned to them in said Regulation U.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">15</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Existing Indebtedness; Future Liens.</font><font style="display: inline;"> &nbsp;(a)&nbsp;Except as described therein, Schedule&nbsp;5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Parent and its Subsidiaries as of November 30, 2018 (including descriptions of the obligors and obligees, principal amounts outstanding, any collateral therefor and any Guaranty thereof), since which date, except as described in Schedule 5.15, there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Indebtedness of the Parent or its Subsidiaries except as otherwise noted on the Schedule.&nbsp;&nbsp;No Note Party nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of such Note Party or such Subsidiary with an aggregate principal amount outstanding or available for borrowing in excess of $20,000,000 and no event or condition exists with respect to any such Indebtedness of any Note Party or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Except as permitted under this Agreement, no Note Party nor any Subsidiary has agreed or consented to cause or permit any of its property, whether now owned or hereafter acquired, to be subject to a Lien that secures Indebtedness or to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien that secures Indebtedness.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;No Note Party nor any Subsidiary is a party to, or otherwise subject to any provision contained in, any instrument evidencing Indebtedness of such Note Party or such Subsidiary, any agreement relating thereto or any other agreement (including its charter or any other organizational document) which limits the amount of, or otherwise imposes restrictions on the incurring of, Indebtedness of any Note Party, except as disclosed in Schedule&nbsp;5.15.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">16</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Foreign Assets Control Regulations, Etc</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;Neither the Parent nor any Controlled Entity (i)&nbsp;is a Blocked Person, (ii)&nbsp;has been notified that its name appears or may in the future appear on a State Sanctions List or (iii)&nbsp;is a target of sanctions that have been imposed by the United Nations or the European Union.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;Neither the Parent nor any Controlled Entity (i)&nbsp;has violated, been found in violation of, or been charged or convicted under, any applicable U.S. Economic Sanctions Laws, Anti</font><font style="display: inline;">&#8209;Money Laundering Laws or Anti</font><font style="display: inline;">&#8209;Corruption Laws or (ii)&nbsp;to the Parent&#x2019;s knowledge, is under investigation by any Governmental Authority for possible violation of any U.S. Economic Sanctions Laws, Anti</font><font style="display: inline;">&#8209;Money Laundering Laws or Anti</font><font style="display: inline;">&#8209;Corruption Laws.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;No part of the proceeds from the sale of the Notes hereunder:</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:27pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;constitutes or will constitute funds obtained on behalf of any Blocked Person or will otherwise be used by the Company, any Note Party or any Controlled Entity, directly or indirectly, (A)&nbsp;in connection with any investment in, or any transactions or dealings with, any Blocked Person, (B)&nbsp;for any purpose that would cause any Purchaser to be in violation of any U.S. Economic Sanctions Laws or (C)&nbsp;otherwise in violation of any U.S. Economic Sanctions Laws;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:27pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;will be used, directly or indirectly, in violation of, or cause any Purchaser to be in violation of, any applicable Anti</font><font style="display: inline;">&#8209;Money Laundering Laws; or</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:27pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(iii)&nbsp;&nbsp;&nbsp;&nbsp;will be used, directly or indirectly, for the purpose of making any improper payments, including bribes, to any Governmental Official or commercial counterparty in order to obtain, retain or direct business or obtain any improper advantage, in each case which would be in violation of, or cause any Purchaser to be in violation of, any applicable Anti</font><font style="display: inline;">&#8209;Corruption Laws.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;Each Note Party has established procedures and controls which it reasonably believes are adequate (and otherwise comply with applicable law) to ensure that the Parent and each Controlled Entity is and will continue to be in compliance with all applicable U.S. Economic Sanctions Laws, Anti</font><font style="display: inline;">&#8209;Money Laundering Laws and Anti</font><font style="display: inline;">&#8209;Corruption Laws.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">17</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Status under Certain Statutes</font><font style="display: inline;">.&nbsp;&nbsp;Neither the Parent nor any Subsidiary is subject to regulation under the Investment Company Act of 1940, the Public Utility Holding Company Act of 2005, the ICC Termination Act of 1995, or the Federal Power Act.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">18</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Environmental Matters</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;No Senior Financial Officer of the Parent or the Company has knowledge of any claim or has received any notice of any claim and no proceeding has been instituted asserting any claim against the Parent or any of its Subsidiaries or any of their respective real properties or other assets now or formerly owned, leased or operated by any of them, alleging any damage to the environment or violation of any Environmental Laws, except, in each case, such as would not reasonably be expected to result in a Material Adverse Effect. </font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;No Senior Financial Officer of the Parent or the Company has knowledge of any facts which would give rise to any claim, public or private, of violation of Environmental Laws or damage to the environment emanating from, occurring on real properties now or formerly owned, leased or operated by any of them or to other assets or their use, except, in each case, such as could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;Neither the Parent nor any Subsidiary has stored any Hazardous Materials on real properties now or formerly owned, leased or operated by any of them in a manner which is contrary to any Environmental Law that could, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;Neither the Parent nor any Subsidiary has disposed of any Hazardous Materials in a manner which is contrary to any Environmental Law that could, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;All buildings on all real properties now owned, or all buildings controlled by the Parent or any Subsidiary on all real properties now leased or operated by the Parent or any Subsidiary are in compliance with applicable Environmental Laws, except where failure to comply could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.</font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">6</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Representations of the Purchasers</font><font style="display: inline;text-transform:uppercase;">.</font>
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		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Purchase for Investment</font><font style="display: inline;">.&nbsp;&nbsp;Each Purchaser severally represents that it is an institutional &#x201C;accredited investor&#x201D; within the meaning of Rule 501 of the Securities Act and is purchasing the Notes for its own account or for one or more separate accounts maintained by such Purchaser or for the account of one or more pension or trust funds and not with a view to the distribution thereof, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that the disposition of such Purchaser&#x2019;s or their property shall at all times be within such Purchaser&#x2019;s or their control.&nbsp;&nbsp;Each Purchaser understands that the Notes have not been registered under the Securities Act and may be resold only if registered pursuant to the provisions of the Securities Act or if an exemption from registration is available, except under circumstances where neither such registration nor such an exemption is required by law, and that the Company is not required to register the Notes.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Source of Funds</font><font style="display: inline;">.&nbsp;&nbsp;Each Purchaser severally represents that at least one of the following statements is an accurate representation as to each source of funds (a </font><font style="display: inline;font-weight:bold;">&#x201C;Source&#x201D;</font><font style="display: inline;">) to be used by such Purchaser to pay the purchase price of the Notes to be purchased by such Purchaser hereunder:</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;the Source is an &#x201C;insurance company general account&#x201D; (as the term is defined in the United States Department of Labor&#x2019;s Prohibited Transaction Exemption (</font><font style="display: inline;font-weight:bold;">&#x201C;PTE&#x201D;</font><font style="display: inline;">) 95</font><font style="display: inline;">&#8209;60) in respect of which the reserves and liabilities (as defined by the annual statement for life insurance companies approved by the NAIC (the </font><font style="display: inline;font-weight:bold;">&#x201C;NAIC Annual Statement&#x201D;</font><font style="display: inline;">)) for the general account contract(s) held by or on behalf of any employee benefit plan together with the amount of the reserves and liabilities for the general account contract(s) held by or on behalf of any other employee benefit plans maintained by the same employer (or affiliate thereof as defined in PTE 95</font><font style="display: inline;">&#8209;60) or by the same employee organization in the general account do not exceed 10% of the total reserves and liabilities of the general account (exclusive of separate account liabilities) plus surplus as set forth in the NAIC Annual Statement filed with such Purchaser&#x2019;s state of domicile; or</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;the Source is a separate account that is maintained solely in connection with such Purchaser&#x2019;s fixed contractual obligations under which the amounts payable, or credited, to any employee benefit plan (or its related trust) that has any interest in such separate account (or to any participant or beneficiary of such plan (including any annuitant)) are not affected in any manner by the investment performance of the separate account; or</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;the Source is either (i)&nbsp;an insurance company pooled separate account, within the meaning of PTE 90</font><font style="display: inline;">&#8209;1 or (ii)&nbsp;a bank collective investment fund, within the meaning of the PTE 91</font><font style="display: inline;">&#8209;38 and, except as disclosed by such Purchaser to the Company in writing pursuant to this clause&nbsp;(c), no employee benefit plan or group of plans maintained by the same employer or employee organization beneficially owns more than 10% of all assets allocated to such pooled separate account or collective investment fund; or</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;the Source constitutes assets of an &#x201C;investment fund&#x201D; (within the meaning of Part VI of PTE 84</font><font style="display: inline;">&#8209;14 (the </font><font style="display: inline;font-weight:bold;">&#x201C;QPAM Exemption&#x201D;</font><font style="display: inline;">)) managed by a &#x201C;qualified professional asset manager&#x201D; or &#x201C;QPAM&#x201D; (within the meaning of Part VI of the QPAM Exemption), no employee benefit plan&#x2019;s assets that are managed by the QPAM in such investment fund, when combined with the assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization and managed by such QPAM, represent more than 20% of the total client assets managed by such QPAM, the conditions of Part I(c) and (g) of the QPAM Exemption are satisfied, neither the QPAM nor a person controlling or controlled by the QPAM maintains an ownership interest in the Company that would cause the QPAM and the Company to be &#x201C;related&#x201D; within the meaning of Part VI(h) of the QPAM Exemption and (i)&nbsp;the identity of such QPAM and (ii)&nbsp;the names of any employee benefit plans whose assets in the investment fund, when combined with the assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization, represent 10% or more of the assets of such investment fund, have been disclosed to the Company in writing pursuant to this clause&nbsp;(d);or</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;the Source constitutes assets of a &#x201C;plan(s)&#x201D; (within the meaning of Part IV(h) of PTE 96</font><font style="display: inline;">&#8209;23 (the </font><font style="display: inline;font-weight:bold;">&#x201C;INHAM Exemption&#x201D;</font><font style="display: inline;">)) managed by an &#x201C;in</font><font style="display: inline;">&#8209;house asset manager&#x201D; or &#x201C;INHAM&#x201D; (within the meaning of Part IV(a) of the INHAM Exemption), the conditions of Part I(a), (g) and (h) of the INHAM Exemption are satisfied, neither the INHAM nor a person controlling or controlled by the INHAM (applying the definition of &#x201C;control&#x201D; in Part IV(d)(3) of the INHAM Exemption) owns a 10% or more interest in the Company and (i)&nbsp;the identity of such INHAM and (ii)&nbsp;the name(s) of the employee benefit plan(s) whose assets constitute the Source have been disclosed to the Company in writing pursuant to this clause&nbsp;(e); or</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;the Source is a governmental plan; or</font>
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			<font style="display: inline;">(g)&nbsp;&nbsp;&nbsp;&nbsp;the Source is one or more employee benefit plans, or a separate account or trust fund comprised of one or more employee benefit plans, each of which has been identified to the Company in writing pursuant to this clause&nbsp;(g); or</font>
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		<p style="margin:14pt 0pt 0pt 36pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">(h)&nbsp;&nbsp;&nbsp;&nbsp;the Source does not include assets of any employee benefit plan, other than a plan exempt from the coverage of ERISA.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">As used in this Section&nbsp;6.2, the terms </font><font style="display: inline;font-weight:bold;">&#x201C;employee benefit plan,&#x201D;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-weight:bold;">&#x201C;governmental plan,&#x201D;</font><font style="display: inline;"> and </font><font style="display: inline;font-weight:bold;">&#x201C;separate account&#x201D;</font><font style="display: inline;"> shall have the respective meanings assigned to such terms in section&nbsp;3 of ERISA.</font>
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		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">7</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Information as to Parent</font><a name="INFRMNT_AS_TO_CMPNY"></a>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">7</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Financial and Business Information</font><font style="display: inline;">.</font><a name="IC_FNNCL_AND_BSNSS_INFRMTN"></a><font style="display: inline;"> &nbsp;The Obligors shall deliver to each Purchaser and holder of a Note that is an Institutional Investor:</font>
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			<font style="display: inline;">(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Quarterly Statements</font><font style="display: inline;"> &#x2014; within 45 days (or, if earlier, by the date that the Quarterly Report on Form 10-Q (the </font><font style="display: inline;font-weight:bold;">&#x201C;Form 10-Q&#x201D;</font><font style="display: inline;">) of the Parent for the applicable fiscal quarter would be required to be filed under the rules and regulations of the SEC, giving effect to any extension available thereunder for the filing of such form) after the end of each quarterly fiscal period in each fiscal year of the Parent (other than the last quarterly fiscal period of each such fiscal year), duplicate copies of,</font>
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			<font style="display: inline;">(</font><font style="display: inline;">i</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;a consolidated balance sheet of the Parent and its Subsidiaries as at the end of such quarter, and</font>
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			<font style="display: inline;">(</font><font style="display: inline;">ii</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;consolidated statements of income, changes in shareholders&#x2019; equity and cash flows of the Parent and its Subsidiaries, for such quarter and (in the case of the second and third quarters) for the portion of the fiscal year ending with such quarter,</font>
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			<font style="display: inline;">setting forth in each case in comparative form the figures for the corresponding periods in the previous fiscal year, all in reasonable detail, prepared in accordance with GAAP applicable to quarterly financial statements generally, and certified by a Senior Financial Officer as fairly presenting, in all material respects, the financial position of the companies being reported on and their results of operations and cash flows, subject to changes resulting from year</font><font style="display: inline;">&#8209;end adjustments;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Annual Statements</font><font style="display: inline;"> &#x2014; within 90 days (or, if earlier, by the date that the Annual Report on Form 10-K (the </font><font style="display: inline;font-weight:bold;">&#x201C;Form 10-K&#x201D;</font><font style="display: inline;">) of the Parent for the applicable fiscal year would be required to be filed under the rules and regulations of the SEC, giving effect to any extension available thereunder for the filing of such form) after the end of each fiscal year of the Parent, duplicate copies of</font>
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			<font style="display: inline;">(</font><font style="display: inline;">i</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;a consolidated balance sheet of the Parent and its Subsidiaries as at the end of such year, and</font>
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			<font style="display: inline;">(</font><font style="display: inline;">ii</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;consolidated statements of income, changes in shareholders&#x2019; equity and cash flows of the Parent and its Subsidiaries for such year,</font>
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			<font style="display: inline;">setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail, prepared in accordance with GAAP, and accompanied by an opinion thereon (without a &#x201C;going concern&#x201D; or similar qualification or exception and without any qualification or exception as to the scope of the audit on which such opinion is based) of independent public accountants of recognized national standing, which opinion shall state that such financial statements present fairly, in all material respects, the financial position of the companies being reported upon and their results of operations and cash flows and have been prepared in conformity with GAAP, and that the examination of such accountants in connection with such financial statements has been made in accordance with generally accepted auditing standards, and that such audit provides a reasonable basis for such opinion in the circumstances;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">c</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">SEC and Other Reports</font><font style="display: inline;"> &#x2014; promptly upon their becoming available, one copy of (i)&nbsp;each financial statement, report, notice, proxy statement or similar document sent by the Parent, the Company or any Subsidiary (x)&nbsp;to its creditors under any Material Credit Facility (excluding information sent to such creditors in the ordinary course of administration of a credit facility, such as information relating to pricing and borrowing availability) or (y)&nbsp;to its public Securities holders generally, and (ii)&nbsp;each regular or periodic report, each registration statement (without exhibits except as expressly requested by such Purchaser or holder), and each prospectus and all amendments thereto filed by the Parent, the Company or any Subsidiary with the SEC and of all press releases and other statements made available generally by the Parent, the Company or any Subsidiary to the public concerning developments that are Material; </font>
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			<font style="display: inline;">(</font><font style="display: inline;">d</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Notice of Default or Event of Default</font><font style="display: inline;"> &#x2014; promptly, and in any event within 5 Business Days after a Senior Financial Officer having actual knowledge (i) of the existence of any Default or Event of Default or (ii) that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section&nbsp;11(f), a written notice specifying the nature and period of existence thereof and what action the Note Parties are taking or propose to take with respect thereto;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">e</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Employee Benefits Matters</font><font style="display: inline;"> &#x2014; promptly, and in any event within 10 Business Days after a Responsible Officer becoming aware of any of the following, a written notice setting forth the nature thereof and the action, if any, that the Parent or an ERISA Affiliate proposes to take with respect thereto:</font>
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			<font style="display: inline;">(</font><font style="display: inline;">i</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;with respect to any Plan, any reportable event, as defined in section&nbsp;4043(c) of ERISA and the regulations thereunder, for which notice thereof has not been waived pursuant to such regulations as in effect on the date hereof;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">ii</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;the taking by the PBGC of steps to institute, or the threatening by the PBGC of the institution of, proceedings under section&nbsp;4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan, or the receipt by the Parent or any ERISA Affiliate of a notice from a Multiemployer Plan that such action has been taken by the PBGC with respect to such Multiemployer Plan; </font>
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			<font style="display: inline;">(</font><font style="display: inline;">iii</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;any event, transaction or condition that could result in the incurrence of any liability by the Parent or any ERISA Affili</font><font style="display: inline;">ate pursuant to Title&nbsp;I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans, or in the imposition of any Lien on any of the rights, properties or assets of the Parent or any ERISA Affiliate pursuant to Title&nbsp;I or IV of ERISA or such penalty or excise tax provisions, if such liability or Lien, taken together with any other such liabilities or Liens then existing, could reasonably be expected to have a Material Adverse Effect; or</font>
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			<font style="display: inline;">(iv)&nbsp;&nbsp;&nbsp;&nbsp;receipt of notice of the imposition of a Material financial penalty (which for this purpose shall mean any tax, penalty or other liability, whether by way of indemnity or otherwise) with respect to one or more Non</font><font style="display: inline;">&#8209;U.S. Plans;</font>
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			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Notices from Governmental Authority</font><font style="display: inline;"> &#x2014; promptly, and in any event within 30 days of receipt thereof, copies of any written notice to the Parent, the Company or any Subsidiary from any Governmental Authority relating to any order, ruling, statute or other law or regulation that could reasonably be expected to have a Material Adverse Effect;&nbsp;&nbsp;&nbsp;&nbsp;</font>
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			<font style="display: inline;">(g)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Resignation or Replacement of Auditors</font><font style="display: inline;"> &#x2014; within 10 days following the date on which the Parent&#x2019;s auditors resign or the Parent elects to change auditors, as the case may be, notification thereof, together with such further information as the Required Holders may request; and</font>
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			<font style="display: inline;">(h)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Requested Information</font><font style="display: inline;"> &#x2014; with reasonable promptness, such other data and information relating to the business, operations, affairs, financial condition, assets or properties of the Parent or any of its Subsidiaries (including actual copies of the Parent&#x2019;s Form&nbsp;10</font><font style="display: inline;">&#8209;Q and Form&nbsp;10</font><font style="display: inline;">&#8209;K) or relating to the ability of the Company or the Parent to perform its obligations hereunder and under the Notes as from time to time may be reasonably requested by any such Purchaser or holder of a Note.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">7</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Officer&#x2019;s Certificate</font><font style="display: inline;">.</font><a name="IC_OFFCRS__CRTFCTS"></a><font style="display: inline;"> &nbsp;Each set of financial statements delivered to a Purchaser or holder of a Note pursuant to Section&nbsp;7.1(a) or Section&nbsp;7.1(b) shall be accompanied by a certificate of a Senior Financial Officer:</font>
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			<font style="display: inline;">(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Covenant Compliance</font><font style="display: inline;"> &#x2014; setting forth the information from such financial statements that is required in order to establish whether the Obligors were in compliance with the requirements of Section&nbsp;10 during the quarterly or annual period covered by the financial statements then being furnished (including with respect to each such provision that involves mathematical calculations, the information from such financial statements that is required to perform such calculations) and detailed calculations of the maximum or minimum amount, ratio or percentage, as the case may be, permissible under the terms of such Section, and the calculation of the amount, ratio or percentage then in existence.&nbsp;&nbsp;In the event that the Parent or any Subsidiary has made an election to measure any financial liability using fair value (which election is being disregarded for purposes of determining compliance with this Agreement pursuant to Section 23.2) as to the period covered by any such financial statement, such Senior Financial Officer&#x2019;s certificate as to such period shall include a reconciliation from GAAP with respect to such election;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Event of Default</font><font style="display: inline;"> &#x2014; certifying that such Senior Financial Officer has reviewed the relevant terms hereof and has made, or caused to be made, under his or her supervision, a review of the transactions and conditions of the Obligors and their Subsidiaries from the beginning of the quarterly or annual period covered by the statements then being furnished to the date of the certificate and that such review shall not have disclosed the existence during such period of any condition or event that constitutes a Default or an Event of Default or, if any such condition or event existed or exists (including any such event or condition resulting from the failure of any Obligor or any Subsidiary to comply with any Environmental Law), specifying the nature and period of existence thereof and what action the Obligors shall have taken or propose to take with respect thereto; and</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Subsidiary</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-style:italic;">Guarantors</font><font style="display: inline;"> &#x2013; setting forth a list of all Subsidiaries that are Subsidiary Guarantors and certifying that each Subsidiary that is required to be a Subsidiary Guarantor pursuant to Section&nbsp;9.7 is a Subsidiary Guarantor, in each case, as of the date of such certificate of Senior Financial Officer.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">7</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Visitation</font><font style="display: inline;">.</font><a name="IC_INSPCTN"></a><font style="display: inline;"> &nbsp;The Obligors shall permit the representatives of each Purchaser and holder of a Note that is an Institutional Investor:</font>
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			<font style="display: inline;">(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">No Default</font><font style="display: inline;"> &#x2014; if no Default or Event of Default then exists, at the expense of such Purchaser or holder and upon reasonable prior notice to an Obligor, to visit the principal executive office of any Obligor, to discuss the affairs, finances and accounts of the Parent and its Subsidiaries with their officers, and (with the consent of the Obligors, which consent will not be unreasonably withheld) its independent public accountants, and (with the consent of the Obligors, which consent will not be unreasonably withheld) to visit the other offices and properties of the Parent and each Subsidiary, all at such reasonable times during ordinary business hours and no more than once per calendar year for all such Purchasers and holders; and</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Default</font><font style="display: inline;"> &#x2014; if a Default or Event of Default then exists, at the expense of the Obligors to visit and inspect any of the offices or properties of any Obligor or any Subsidiary, to examine all their respective books of account, records, reports and other papers, to make copies and extracts therefrom, and to discuss their respective affairs, finances and accounts with their respective officers and independent public accountants (and by this provision each Obligor authorizes said accountants to discuss the affairs, finances and accounts of Obligors and their Subsidiaries), all at such times during ordinary business hours and as often as may be requested.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">7</font><font style="display: inline;font-weight:bold;">.4.&nbsp;&nbsp;&nbsp;&nbsp;Electronic Delivery</font><font style="display: inline;">.&nbsp;&nbsp;Financial statements, opinions of independent certified public accountants, other information and Officer&#x2019;s Certificates that are required to be delivered by the Obligors pursuant to Sections 7.1(a), (b) or (c) and Section&nbsp;7.2 shall be deemed to have been delivered if any Obligor satisfies any of the following requirements with respect thereto:</font>
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			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;such financial statements satisfying the requirements of Section&nbsp;7.1(a) or (b) and related Officer&#x2019;s Certificate satisfying the requirements of Section&nbsp;7.2 and any other information required under Section&nbsp;7.1(c) are delivered to each Purchaser and holder of a Note&nbsp;&nbsp;by e</font><font style="display: inline;">&#8209;mail at the e</font><font style="display: inline;">&#8209;mail address set forth in such Purchaser or holder&#x2019;s Purchaser Schedule or as communicated from time to time in a separate writing delivered to any Obligor;</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;such financial statements satisfying the requirements of Section&nbsp;7.1(a) or Section&nbsp;7.1(b) and related Officer&#x2019;s Certificate(s) satisfying the requirements of Section&nbsp;7.2 and any other information required under Section&nbsp;7.1(c) are timely posted by or on behalf of the Company or the Parent on IntraLinks or on any other similar website to which each Purchaser and holder of Notes has free access; or </font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;the Company and the Parent shall have timely filed the items referred to in Section&nbsp;7.1(c) with the SEC on EDGAR and shall have made such items available through its home page on the internet or on IntraLinks or on any other similar website to which each Purchaser and holder of Notes has free access;</font>
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			<font style="display: inline;font-style:italic;">provided however,</font><font style="display: inline;"> that in no case shall access to such financial statements, other information and Officer&#x2019;s Certificates be conditioned upon any waiver or other agreement or consent (other than confidentiality provisions consistent with Section&nbsp;20 of this Agreement); </font><font style="display: inline;font-style:italic;">provided further</font><font style="display: inline;">, that in the case of any of clauses&nbsp;(b) or (c), the Obligors shall have given each Purchaser and holder of a Note&nbsp;&nbsp;prior written notice, which may be by e</font><font style="display: inline;">&#8209;mail or in accordance with Section&nbsp;18, of such posting or filing in connection with each delivery, </font><font style="display: inline;font-style:italic;">provided further,</font><font style="display: inline;"> that upon request of any Purchaser or holder to receive paper copies of such forms, financial statements, other information and Officer&#x2019;s Certificates or to receive them by e</font><font style="display: inline;">&#8209;mail, the Company will promptly e</font><font style="display: inline;">&#8209;mail them or deliver such paper copies, as the case may be, to such Purchaser or holder.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">8</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Payment and Prepayment of the Notes</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Maturity</font><font style="display: inline;">.&nbsp;&nbsp;As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Optional Prepayments with Make</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Whole Amount</font><font style="display: inline;">.&nbsp;&nbsp;The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the Notes, in an amount not less than 10% of the aggregate principal amount of the Notes then outstanding in the case of a partial prepayment, at 100% of the principal amount so prepaid, and the Make</font><font style="display: inline;">&#8209;Whole Amount determined for the prepayment date with respect to such principal amount.&nbsp;&nbsp;The Company will give each holder of Notes written notice of each optional prepayment under this Section&nbsp;8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment unless the Company and the Required Holders agree to another time period pursuant to Section&nbsp;17.&nbsp;&nbsp;Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section&nbsp;8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make</font><font style="display: inline;">&#8209;Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation.&nbsp;&nbsp;Two Business Days prior to such prepayment, the Company shall deliver to each holder of Notes a certificate of a Senior Financial Officer specifying the calculation of such Make</font><font style="display: inline;">&#8209;Whole Amount as of the specified prepayment date.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Allocation of Partial Prepayments</font><font style="display: inline;">.&nbsp;&nbsp;In the case of each partial prepayment of the Notes pursuant to Section&nbsp;8.2, the principal amount of the Notes to be prepaid shall be allocated among all of the Notes at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Maturity; Surrender, Etc</font><font style="display: inline;font-style:italic;">.&nbsp; </font><font style="display: inline;">In the case of each prepayment of Notes pursuant to this Section&nbsp;8, the principal amount of each Note to be prepaid shall mature and become due and payable on the date fixed for such prepayment, together with interest on such principal amount accrued to such date and the applicable Make</font><font style="display: inline;">&#8209;Whole Amount, if any.&nbsp;&nbsp;From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and Make</font><font style="display: inline;">&#8209;Whole Amount, if any, as aforesaid, interest on such principal amount shall cease to accrue.&nbsp;&nbsp;Any Note paid or prepaid in full shall be surrendered to the Company and cancelled and shall not be reissued, and no Note shall be issued in lieu of any prepaid principal amount of any Note.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Purchase of Notes</font><font style="display: inline;">.&nbsp;&nbsp;The Company will not and will not permit any Controlled Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except (a)&nbsp;upon the payment or prepayment of the Notes in accordance with this Agreement and the Notes or (b)&nbsp;pursuant to an offer to purchase made by the Company or a Controlled Affiliate pro rata to the holders of all Notes at the time outstanding upon the same terms and conditions. Any such offer shall provide each holder with sufficient information to enable it to make an informed decision with respect to such offer, and shall remain open for at least 15 Business Days.&nbsp;&nbsp;If the holders of more than 10% of the principal amount of the Notes then outstanding accept such offer, the Company shall promptly notify the remaining holders of such fact and the expiration date for the acceptance by holders of Notes of such offer shall be extended by the number of days necessary to give each such remaining holder at least 15 Business Days from its receipt of such notice to accept such offer.&nbsp;&nbsp;The Company will promptly cancel all Notes acquired by it or any Controlled Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to this Agreement and no Notes may be issued in substitution or exchange for any such Notes.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Make</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Whole Amount</font><font style="display: inline;">.</font>
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			<font style="display: inline;">The term</font><font style="display: inline;font-weight:bold;"> &#x201C;Make</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Whole Amount&#x201D;</font><font style="display: inline;"> means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that the Make</font><font style="display: inline;">&#8209;Whole Amount may in no event be less than zero.&nbsp;&nbsp;For the purposes of determining the Make</font><font style="display: inline;">&#8209;Whole Amount, the following terms have the following meanings:</font><font style="display: inline;font-weight:bold;"> &#x201C;Called Principal&#x201D;</font><font style="display: inline;"> means, with respect to any Note, the principal of such Note that is to be prepaid pursuant to Section&nbsp;8.2 or has become or is declared to be immediately due and payable pursuant to Section&nbsp;12.1, as the context requires.</font>
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			<font style="display: inline;font-weight:bold;">&#x201C;Discounted Value&#x201D;</font><font style="display: inline;"> means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.</font>
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			<font style="display: inline;font-weight:bold;">&#x201C;Reinvestment Yield&#x201D;</font><font style="display: inline;"> means, with respect to the Called Principal of any Note, the sum of (a)&nbsp;0.50% plus (b)&nbsp;the yield to maturity implied by the &#x201C;Ask Yield(s)&#x201D; reported as of 10:00 a.m. (New York City time) on the second Business Day preceding the Settlement Date with respect to such Called Principal, on the display designated as &#x201C;Page PX1&#x201D; (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on</font><font style="display: inline;">&#8209;the</font><font style="display: inline;">&#8209;run U.S. Treasury securities </font><font style="display: inline;font-weight:bold;">(&#x201C;Reported&#x201D;)</font><font style="display: inline;"> having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date.&nbsp;&nbsp;If there are no such U.S. Treasury securities Reported having a maturity equal to such Remaining Average Life, then such implied yield to maturity will be determined by (i)&nbsp;converting U.S. Treasury bill quotations to bond equivalent yields in accordance with accepted financial practice and (ii)&nbsp;interpolating linearly between the &#x201C;Ask Yields&#x201D; Reported for the applicable most recently issued actively traded on</font><font style="display: inline;">&#8209;the</font><font style="display: inline;">&#8209;run U.S. Treasury securities with the maturities (1)&nbsp;closest to and greater than such Remaining Average Life and (2)&nbsp;closest to and less than such Remaining Average Life.&nbsp;&nbsp;The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable Note.&nbsp; </font>
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			<font style="display: inline;">If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then </font><font style="display: inline;font-weight:bold;">&#x201C;Reinvestment Yield&#x201D;</font><font style="display: inline;"> means, with respect to the Called Principal of any Note, the sum of (x)&nbsp;0.50% plus (y)&nbsp;the yield to maturity implied by the U.S. Treasury constant maturity yields reported, for the latest day for which such yields have been so reported as of the second Business Day preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for the U.S. Treasury constant maturity having a term equal to the Remaining Average Life of such Called Principal as of such Settlement Date.&nbsp;&nbsp;If there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield to maturity will be determined by interpolating linearly between (1)&nbsp;the U.S. Treasury constant maturity so reported with the term closest to and greater than such Remaining Average Life and (2)&nbsp;the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life.&nbsp;&nbsp;The Reinvestment Yield shall be rounded to the number of decimal places as appears in the interest rate of the applicable Note.</font>
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			<font style="display: inline;font-weight:bold;">&#x201C;Remaining Average Life&#x201D;</font><font style="display: inline;"> means, with respect to any Called Principal, the number of years obtained by dividing (i)&nbsp;such Called Principal into (ii)&nbsp;the sum of the products obtained by multiplying (a)&nbsp;the principal component of each Remaining Scheduled Payment with respect to such Called Principal by (b)&nbsp;the number of years, computed on the basis of a 360</font><font style="display: inline;">&#8209;day year comprised of twelve 30</font><font style="display: inline;">&#8209;day months and calculated to two decimal places, that will elapse between the Settlement Date with respect to such Called Principal and the scheduled due date of such Remaining Scheduled Payment.</font>
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			<font style="display: inline;font-weight:bold;">&#x201C;Remaining Scheduled Payments&#x201D;</font><font style="display: inline;"> means, with respect to the Called Principal of any Note, all payments of such Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were made prior to its scheduled due date, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that if such Settlement Date is not a date on which interest payments are due to be made under the Notes, then the amount of the next succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to Section&nbsp;8.2 or Section&nbsp;12.1.</font>
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			<font style="display: inline;font-weight:bold;">&#x201C;Settlement Date&#x201D;</font><font style="display: inline;"> means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section&nbsp;8.2 or has become or is declared to be immediately due and payable pursuant to Section&nbsp;12.1, as the context requires.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;8.7.&nbsp;&nbsp;&nbsp;&nbsp;Payments Due on Non</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Business Days</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;Anything in this Agreement or the Notes to the contrary notwithstanding, (x)&nbsp;except as set forth in clause&nbsp;(y), any payment of interest on any Note that is due on a date that is not a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day; and (y)&nbsp;any payment of principal of or Make</font><font style="display: inline;">&#8209;Whole Amount on any Note (including principal due on the Maturity Date of such Note) that is due on a date that is not a Business Day shall be made on the next succeeding Business Day and shall include the additional days elapsed in the computation of interest payable on such next succeeding Business Day.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">8</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Change in Control</font><font style="display: inline;">.&nbsp; </font>
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			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Notice of a Change in Control.</font><font style="display: inline;"> &nbsp;The Company will, within 20 Business Days after any Senior Financial Officer has actual knowledge of the occurrence of any Change in Control, give written notice of such Change in Control to each holder of Notes.&nbsp;&nbsp;If a Change in Control has occurred, such notice shall contain and constitute an offer to prepay the Notes of each Series as described in paragraph (b) of this Section&nbsp;8.8.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Offer to Prepay Notes.</font><font style="display: inline;"> &nbsp;The offer to prepay Notes contemplated by subparagraph (a) of this Section&nbsp;8.8 shall be an offer to prepay, in accordance with and subject to this Section&nbsp;8.8, all, but not less than all, the Notes held by each holder (in this case only, &#x201C;holder&#x201D; in respect of any Note registered in the name of a nominee for a disclosed beneficial owner shall mean such beneficial owner) on a date specified in such offer (the </font><font style="display: inline;font-weight:bold;">&#x201C;Proposed Prepayment Date&#x201D;</font><font style="display: inline;">).&nbsp;&nbsp;The Proposed Prepayment Date shall be a Business Day and shall be not less than 30 days and not more than 45 days after the date of such offer.&nbsp;&nbsp;If the Proposed Prepayment Date is not specified in such offer, the Proposed Prepayment Date shall be the 30th day after the date of such offer.</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Acceptance; Rejection.</font><font style="display: inline;"> &nbsp;A holder of Notes may accept or reject the offer to prepay made pursuant to this Section&nbsp;8.8 by causing a written notice of such acceptance or rejection to be delivered to the Company within 15 Business Days following receipt of the notice from the Company.&nbsp;&nbsp;A failure by a holder of Notes to respond within 15 Business Days following receipt of the notice from the Company to an offer to prepay made pursuant to this Section&nbsp;8.8 shall be deemed to constitute a rejection of such offer by such holder.</font>
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			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Prepayment.</font><font style="display: inline;"> &nbsp;Prepayment of the Notes to be prepaid pursuant to this Section&nbsp;8.8 shall be at 100% of the principal amount of such Notes, together with interest on such Notes accrued to the date of prepayment but without the payment of any Make-Whole Amount.&nbsp;&nbsp;The prepayment shall be made on the Proposed Prepayment Date.</font>
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			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Officer&#x2019;s Certificate.</font><font style="display: inline;"> &nbsp;Each offer to prepay the Notes pursuant to this Section&nbsp;8.8 shall be accompanied by a certificate, executed by a Senior Financial Officer of the Company and dated the date of such offer, specifying: (i)&nbsp;the Proposed Prepayment Date; (ii)&nbsp;that such offer is made pursuant to this Section&nbsp;8.8; (iii)&nbsp;the principal amount of each Note offered to be prepaid; (iv)&nbsp;the interest that would be due on each Note offered to be prepaid, accrued to the Proposed Prepayment Date; (v)&nbsp;that the conditions of this Section&nbsp;8.8 have been fulfilled; and (vi)&nbsp;in reasonable detail, the nature and date or proposed date of the Change in Control.</font>
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			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">&#x201C;Change in Control&#x201D; Defined.</font><font style="display: inline;"> &nbsp;&#x201C;</font><font style="display: inline;font-weight:bold;">Change in Control</font><font style="display: inline;">&#x201D; means (a)&nbsp;the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group (within the meaning of the Securities Exchange Act of 1934 and the rules of the SEC thereunder as in effect on the date hereof), of Equity Interests representing more than 40% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of the Parent; (b)&nbsp;occupation of a majority of the seats (other than vacant seats) on the board of directors of the Parent by Persons who were neither (i)&nbsp;nominated by the board of directors of the Parent nor (ii)&nbsp;appointed by directors so nominated; (c)&nbsp;the acquisition of direct or indirect Control of the Parent by any Person or group; (d)&nbsp;the occurrence of a change in control, or other similar provision, as defined in any agreement or instrument evidencing any Indebtedness of any one or more of the Parent and its Subsidiaries in an aggregate principal amount exceeding $10,000,000 (triggering a default or mandatory prepayment, which default or mandatory prepayment has not been waived in writing); or (e) the Parent ceases to own, directly or indirectly, and Control 100% of the ordinary voting and economic power of the Company.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">9</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Affirmative Covenants</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<a name="OLE_LINK1"></a><a name="OLE_LINK2"></a><font style="display: inline;">From the date of this Agreement until the Closing and thereafter, so long as any of the Notes are outstanding, the Company and the Parent, jointly and severally, covenant that:</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Compliance with Laws</font><font style="display: inline;">.&nbsp;&nbsp;Without limiting Section&nbsp;10.4, the Parent will, and will cause each of its Subsidiaries to, comply with all laws, ordinances or governmental rules or regulations to which each of them is subject (including ERISA, Environmental Laws, the USA PATRIOT Act and the other laws and regulations that are referred to in Section&nbsp;5.16) and will obtain and maintain in effect all licenses, certificates, permits, franchises and other governmental authorizations necessary to the ownership of their respective properties or to the conduct of their respective businesses, in each case to the extent necessary to ensure that non</font><font style="display: inline;">&#8209;compliance with such laws, ordinances or governmental rules or regulations or failures to obtain or maintain in effect such licenses, certificates, permits, franchises and other governmental authorizations would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Insurance</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will, and will cause each of its Subsidiaries to, maintain, with financially sound and reputable insurers, insurance with respect to their respective properties and businesses against such casualties and contingencies, of such types, on such terms and in such amounts (including deductibles, co</font><font style="display: inline;">&#8209;insurance and self</font><font style="display: inline;">&#8209;insurance, if adequate reserves are maintained with respect thereto) as is customary in the case of entities of established reputations engaged in the same or a similar business and similarly situated.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Maintenance of Properties</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will, and will cause each of its Subsidiaries to, maintain and keep, or cause to be maintained and kept, their respective properties in good repair, working order and condition (other than ordinary wear and tear or for obsolescence), so that the business carried on in connection therewith may be properly conducted at all times, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that this Section&nbsp;9.3 shall not prevent the Parent or any Subsidiary from discontinuing the operation and the maintenance of any of its properties if such discontinuance is desirable in the conduct of its business and the Parent has concluded that such discontinuance would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Payment of Taxes and Claims</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will, and will cause each of its Subsidiaries to, file all income tax returns and other Material tax returns required to be filed in any jurisdiction and to pay and discharge all taxes shown to be due and payable on such returns and all other taxes, assessments, governmental charges, or levies imposed on them or any of their properties, assets, income or franchises, to the extent the same have become due and payable and before they have become delinquent and all claims for which sums have become due and payable that have or might become a Lien on properties or assets of the Parent or any Subsidiary, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that neither the Parent nor any Subsidiary need pay any such tax, assessment, charge, levy or claim if (i)&nbsp;the amount, applicability or validity thereof is contested by the Parent or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Parent or a Subsidiary has established adequate reserves therefor if required in accordance with GAAP on the books of the Parent or such Subsidiary or (ii)&nbsp;the nonpayment of all such taxes, assessments, charges, levies and claims would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. </font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Corporate Existence, Etc</font><font style="display: inline;">.&nbsp;&nbsp;Except as otherwise provided in Section&nbsp;10.2, (i) the Parent and the Company will at all times preserve and keep their corporate (or, in the case of the Company, limited liability company) existence in full force and effect.&nbsp;&nbsp;Except as otherwise provided in Sections 10.2 and 10.6, the Parent and the Company will at all times preserve and keep in full force and effect the corporate or limited liability company existence of each of its Subsidiaries (unless merged into the Parent, the Company or a Wholly</font><font style="display: inline;">&#8209;Owned Subsidiary) and all rights and franchises of the Parent and its Subsidiaries unless, in the good faith judgment of the Company, the termination of or failure to preserve and keep in full force and effect such corporate existence, right or franchise would not, individually or in the aggregate, have a Material Adverse Effect. </font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">9</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">6</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Books and Records</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will, and will cause each of its Subsidiaries to, maintain proper books of record and account in conformity with GAAP and all applicable requirements of any Governmental Authority having legal or regulatory jurisdiction over the Parent or such Subsidiary, as the case may be.&nbsp;&nbsp;The Parent will, and will cause each of its Subsidiaries to, keep books, records and accounts which, in reasonable detail, accurately reflect all transactions and dispositions of assets.&nbsp;&nbsp;The Parent and its Subsidiaries have devised a system of internal accounting controls sufficient to provide reasonable assurances that their respective books, records, and accounts accurately reflect all transactions and dispositions of assets and the Parent will, and will cause each of its Subsidiaries to, continue to maintain such system.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;9.7.&nbsp;&nbsp;&nbsp;&nbsp;Subsidiary Guarantors.</font><font style="display: inline;"> &nbsp;(a)&nbsp;The Parent will cause each of its Subsidiaries that guarantees or otherwise becomes liable at any time, whether as a borrower or an additional or co</font><font style="display: inline;">&#8209;borrower or otherwise, for or in respect of any Indebtedness under any Material Credit Facility to concurrently therewith:</font>
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			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;enter into a joinder to the Subsidiary Guaranty, in substantially the form attached to the Subsidiary Guaranty or otherwise reasonably satisfactory to the Required Holders providing for the guaranty by such Subsidiary, on a joint and several basis with all other Subsidiary Guarantors, of (x)&nbsp;the prompt payment in full when due of all amounts payable by the Company and the Parent pursuant to the Notes (whether for principal, interest, Make</font><font style="display: inline;">&#8209;Whole Amount or otherwise) and this Agreement, including all indemnities, fees and expenses payable by the Company and the Parent thereunder subject to such limitations as may be provided in the Subsidiary Guaranty and (y)&nbsp;the prompt, full and faithful performance, observance and discharge by the Company and the Parent of each and every covenant, agreement, undertaking and provision required pursuant to the Notes or this Agreement to be performed, observed or discharged by it (a </font><font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;font-style:italic;">Subsidiary Guaranty Joinder</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;">); and </font>
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			<font style="display: inline;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;deliver the following to each Purchaser and holder of a Note:</font>
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			<font style="display: inline;">(A)&nbsp;&nbsp;&nbsp;&nbsp;an executed counterpart of the Subsidiary Guaranty Joinder;</font>
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			<font style="display: inline;">(B)&nbsp;&nbsp;&nbsp;&nbsp;a certificate signed by an authorized responsible officer of such Subsidiary containing representations and warranties on behalf of such Subsidiary to the same effect, </font><font style="display: inline;font-style:italic;">mutatis mutandis</font><font style="display: inline;">, as those contained in Sections 5.1, 5.2, 5.6, 5.7 and 5.16 of this Agreement (but with respect to such Subsidiary and such Subsidiary Guaranty Joinder rather than the Company and the Parent);</font>
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			<font style="display: inline;">(C)&nbsp;&nbsp;&nbsp;&nbsp;all documents as may be reasonably requested by the Required Holders to evidence the due organization, continuing existence and, where applicable, good standing of such Subsidiary and the due authorization by all requisite action on the part of such Subsidiary of the execution and delivery of such Subsidiary Guaranty Joinder and the performance by such Subsidiary of its obligations thereunder; and</font>
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			<font style="display: inline;">(D)&nbsp;&nbsp;&nbsp;&nbsp;an opinion of counsel reasonably satisfactory to the Required Holders covering such matters relating to such Subsidiary and such Subsidiary Guaranty Joinder as the Required Holders may reasonably request.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;At the election of the Company and by written notice to each Purchaser and holder of Notes, any Subsidiary Guarantor that was a party to the Subsidiary Guaranty at Closing or has provided a Subsidiary Guaranty Joinder under subparagraph (a)&nbsp;of this Section&nbsp;9.7</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;">may be discharged from all of its obligations and liabilities under its Subsidiary Guaranty and shall be automatically released from its obligations thereunder without the need for the execution or delivery of any other document by the holders, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that (i)&nbsp;if such Subsidiary Guarantor is a guarantor or is otherwise liable for or in respect of any Material Credit Facility, then such Subsidiary Guarantor has been released and discharged (or will be released and discharged concurrently with the release of such Subsidiary Guarantor under its Subsidiary Guaranty) under such Material Credit Facility, (ii)&nbsp;at the time of, and after giving effect to, such release and discharge, no Default or Event of Default shall be existing, (iii)&nbsp;no amount is then due and payable under any Note Document by such Subsidiary Guaranty, (iv)&nbsp;if in connection with such Subsidiary Guarantor being released and discharged under any Material Credit Facility, any fee or other form of consideration is given to any holder of Indebtedness under such Material Credit Facility for such release, the holders of the Notes shall receive equivalent consideration substantially concurrently therewith and (v)&nbsp;each holder shall have received a certificate of a Responsible Officer certifying as to the matters set forth in clauses&nbsp;(i)&nbsp;through (iv).&nbsp;&nbsp;In the event of any such release, for purposes of Section 10.9, all Indebtedness of such Subsidiary shall be deemed to have been incurred concurrently with such release.</font>
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			<font style="display: inline;font-weight:bold;">Section 9.8.&nbsp;&nbsp;&nbsp;&nbsp;Priority of Obligations.</font><font style="display: inline;"> &nbsp;The Company will ensure that its payment obligations under this Agreement and the Notes, the payment obligations of the Parent under its Parent Guaranty and the payment obligations of any Subsidiary Guarantor under its Subsidiary Guaranty, will at all times rank at least </font><font style="display: inline;font-style:italic;">pari passu</font><font style="display: inline;">, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company, the Parent and such Subsidiary Guarantor, as applicable.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">10</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Negative Covenants</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">From the date of this Agreement until the Closing and thereafter, so long as any of the Notes are outstanding, the Company and the Parent, jointly and severally, covenant that:</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Transactions with Affiliates</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not, and will not permit any Subsidiary to, enter into directly or indirectly any transaction or group of related transactions (including the purchase, lease, sale or exchange of properties of any kind or the rendering of any service) with any Affiliate (other than the Parent, the Company or another Subsidiary), except (a)&nbsp;in the ordinary course and pursuant to the reasonable requirements of the Parent&#x2019;s, the Company&#x2019;s or such Subsidiary&#x2019;s business and upon fair and reasonable terms no less favorable to the Parent, the Company or such Subsidiary than would be obtainable in a comparable arm&#x2019;s</font><font style="display: inline;">&#8209;length transaction with a Person not an Affiliate, and (b) transactions in respect of property, assets or services with an aggregate value not exceeding $25,000,000 in any calendar year.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Merger, Consolidation, Etc</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not, </font><font style="display: inline;font-family:Times New Roman;">and will not permit any Subsidiary Guarantor to, </font><font style="display: inline;">consolidate with or merge with any other Person or convey, transfer or lease all or substantially all of its assets in a single transaction or series of transactions to any Person unless:</font>
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			<font style="display: inline;">(</font><font style="display: inline;">a</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-family:Times New Roman;">in the case of any such transaction involving the Parent,</font><font style="display: inline;"> the successor formed by such consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease all or substantially all of the assets of the Parent as an entirety, as the case may be, shall be a solvent corporation or limited liability company organized and existing under the laws of the United States or any state thereof (including the District of Columbia), and, if the Parent is not such corporation or limited liability company, (i)&nbsp;such corporation or limited liability company shall have executed and delivered to each holder of any Notes its assumption of the due and punctual performance and observance of each covenant and condition of this Agreement and (ii)&nbsp;such corporation or limited liability company shall have caused to be delivered to each holder of any Notes an opinion of Nixon Peabody LLP or other nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof;</font>
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			<font style="display: inline;">(</font><font style="display: inline;">b</font><font style="display: inline;">)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-family:Times New Roman;">in the case of any such transaction involving the Company,</font><font style="display: inline;"> the successor formed by such consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease all or substantially all of the assets of the Company as an entirety, as the case may be, shall be a solvent corporation or limited liability company organized and existing under the laws of the United States or any state thereof (including the District of Columbia), and, if the Company is not such corporation or limited liability company, (i)&nbsp;such corporation or limited liability company shall have executed and delivered to each holder of any Notes its assumption of the due and punctual performance and observance of each covenant and condition of this Agreement and the Notes and (ii)&nbsp;such corporation or limited liability company shall have caused to be delivered to each holder of any Notes an opinion of Nixon Peabody LLP or other nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof;</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">in the case of any such transaction involving a Subsidiary Guarantor, the successor formed by such consolidation or the survivor of such merger or the Person that acquires by conveyance, transfer or lease all or substantially all of the assets of such Subsidiary Guarantor as an entirety, as the case may be, shall be (1)&nbsp;the Company, such Subsidiary Guarantor or another Subsidiary Guarantor; (2)&nbsp;a solvent corporation or limited liability company (other than the Company or another Subsidiary Guarantor) that is organized and existing under the laws of </font><font style="display: inline;">the United States or any state thereof (including the District of Columbia) and,</font><font style="display: inline;"> if such Subsidiary Guarantor is not such corporation or limited liability company, </font><font style="display: inline;">(A)&nbsp;such corporation or limited liability company shall have executed and delivered to each holder of Notes its assumption of the due and punctual performance and observance of each covenant and condition of the Subsidiary Guaranty of such Subsidiary Guarantor and (B)&nbsp;the Company shall have caused to be delivered to each holder of Notes an opinion of Nixon Peabody LLP or other nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof; or (3)&nbsp;any other Person so long as the transaction is treated as a disposition of all of the assets of such Subsidiary Guarantor for purposes of Section&nbsp;10.6 and, based on such characterization, would be permitted pursuant to Section&nbsp;10.6;</font>
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			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;each Subsidiary Guarantor under any Subsidiary Guaranty that is outstanding at the time such transaction or each transaction in such a series of transactions occurs reaffirms its obligations under such Subsidiary Guaranty in writing at such time pursuant to documentation that is reasonably acceptable to the Required Holders; and</font>
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			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;immediately before and immediately after giving effect to such transaction or each transaction in any such series of transactions, no Default or Event of Default shall have occurred and be continuing.</font>
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			<font style="display: inline;font-family:Times New Roman;">No such conveyance, transfer or lease of substantially all of the assets of the Parent, the Company or any Subsidiary Guarantor shall have the effect of releasing the Parent, the Company or such Subsidiary Guarantor, as the case may be, or any successor corporation or limited liability company that shall theretofore have become such in the manner prescribed in this Section&nbsp;10.2, from its liability under (x)&nbsp;this Agreement or the Notes in the case of the Company (y) this Agreement in the case of the Parent and (z)&nbsp;the Subsidiary Guaranty in the case of any Subsidiary Guarantor, unless, in the case of the conveyance, transfer or lease of substantially all of the assets of a Subsidiary Guarantor, such Subsidiary Guarantor is released from its Subsidiary Guaranty in accordance with Section&nbsp;9.7(b) in connection with or immediately following such conveyance, transfer or lease</font><font style="display: inline;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Line of Business</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not and will not permit any Subsidiary to engage in any business if, as a result, the general nature of the business in which the Parent and its Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Parent and its Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum, including businesses reasonably related thereto (as determined in good faith by the board of directors).</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;10.4.&nbsp;&nbsp;&nbsp;&nbsp;Economic Sanctions, Etc</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not, and will not permit any Controlled Entity to (a)&nbsp;become (including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or (b)&nbsp;directly or indirectly have any investment in or engage in any dealing or transaction (including any investment, dealing or transaction involving the proceeds of the Notes) with any Person if such investment, dealing or transaction (i)&nbsp;would cause any Purchaser or holder or any affiliate of such Purchaser or holder to be in violation of, or subject to sanctions under, any law or regulation applicable to such Purchaser or holder, or (ii)&nbsp;is prohibited by or subject to sanctions under any U.S. Economic Sanctions Laws.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">10</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">5</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Liens</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not and will not permit any of its Subsidiaries to directly or indirectly create, incur, assume or permit to exist (upon the happening of a contingency or otherwise) any Lien on or with respect to any property or asset (including any document or instrument in respect of goods or accounts receivable) of the Parent or any such Subsidiary, whether now owned or held or hereafter acquired, or any income or profits therefrom, or assign or otherwise convey any right to receive income or profits, except:</font>
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			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;Permitted Encumbrances;</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;any Lien on any property or asset of the Parent or any Subsidiary existing on the date hereof and, to the extent securing Indebtedness in excess of $1,000,000, set forth in Schedule&nbsp;10.5; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that (i)&nbsp;such Lien shall not apply to any other property or asset of the Parent or any Subsidiary other than (A)&nbsp;improvements and after</font><font style="display: inline;">&#8209;acquired property that is affixed or incorporated into the property previously covered by such Lien, and (B)&nbsp;proceeds and products thereof and (ii)&nbsp;such Lien shall secure only those obligations which it secures on the date hereof and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;any Lien existing on any property or asset prior to the acquisition thereof by the Parent or any Subsidiary or existing on any property or asset of any Person that becomes a Subsidiary after the date hereof prior to the time such Person becomes a Subsidiary; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that (i)&nbsp;such Lien is not created in contemplation of or in connection with such acquisition or such Person becoming a Subsidiary, as the case may be, (ii)&nbsp;such Lien shall not apply to any other property or assets of the Parent or any Subsidiary (other than the proceeds or products thereof and other than improvements and after</font><font style="display: inline;">&#8209;acquired property that is affixed or incorporated into the property covered by such Lien) and (iii)&nbsp;such Lien shall secure only those obligations which it secures on the date of such acquisition or the date such Person becomes a Subsidiary, as the case may be, and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof;</font>
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			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;Liens on fixed or capital assets acquired, constructed or improved by the Parent or any Subsidiary including purchase money Liens on real property and equipment; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that (i)&nbsp;such security interests secure Indebtedness which shall not exceed $50,000,000 at any time outstanding, including any extensions, renewals and replacements of such Indebtedness that do not increase the outstanding principal amount thereof, (ii)&nbsp;such security interests and the Indebtedness secured thereby are incurred prior to or within one hundred eighty (180) days after such acquisition or the completion of such construction or improvement, (iii)&nbsp;the Indebtedness secured thereby does not exceed the cost of acquiring, constructing or improving such fixed or capital assets and (iv)&nbsp;such security interests shall not apply to any other property or assets of the Parent or any Subsidiary, except for additions or improvements to such property and the proceeds and products thereof;</font>
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			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;Liens in favor of a custodian on financial assets (not securing Indebtedness for borrowed money or margin credit) held in securities accounts maintained with such custodian; and</font>
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			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;other Liens securing Indebtedness of the Parent or any of its Subsidiaries not otherwise permitted by clauses&nbsp;(a) through (e), provided that such Indebtedness shall at all times be permitted within the limitations of Sections&nbsp;10.7 and 10.9; provided, further, that notwithstanding the foregoing, the Parent shall not, and shall not permit any of its Subsidiaries to, secure pursuant to this Section&nbsp;10.5(f) any Indebtedness outstanding under or pursuant to any Material Credit Facility unless and until the Notes (and any guaranty delivered in connection therewith) shall concurrently be secured equally and ratably with such Indebtedness pursuant to documentation reasonably acceptable to the Required Holders in substance and in form, including an intercreditor agreement and opinions of counsel to the Notes Parties, as the case may be, from counsel that is reasonably acceptable to the Required Holders.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;10.6.&nbsp;&nbsp;&nbsp;&nbsp;Sale of Assets, Etc</font><font style="display: inline;">.&nbsp;&nbsp;Except as permitted in Section&nbsp;10.2,</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">the Parent will not, and will not permit any Subsidiary to, sell, lease or otherwise dispose of any substantial part (as defined below) of the assets of the Parent and its Subsidiaries; </font><font style="display: inline;font-style:italic;">provided, however,</font><font style="display: inline;"> that the Parent or any Subsidiary may sell, lease or otherwise dispose of assets constituting a substantial part of the assets of the Parent and its Subsidiaries if </font><font style="display: inline;font-size:11pt;">such</font><font style="display: inline;"> assets are sold in an arm&#x2019;s length transaction and, at such time and after giving effect thereto, no Default or Event of Default shall have occurred and be continuing and an amount equal to the net proceeds received from such sale, lease or other disposition (but only with respect to that portion of such assets that exceeds the definition of &#x201C;substantial part&#x201D; set forth below) shall be used within 365 days of such sale, lease or disposition, in any combination:</font>
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			<font style="display: inline;">(1)&nbsp;&nbsp;&nbsp;&nbsp;to acquire productive assets used or useful in carrying on the business of the Parent and its Subsidiaries and having a value at least equal to the portion of the value of such assets sold, leased or otherwise disposed of in excess of the definition of &#x201C;substantial part&#x201D; set forth below; and/or</font>
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			<font style="display: inline;">(2)&nbsp;&nbsp;&nbsp;&nbsp;to prepay or retire Senior Indebtedness of the Parent and/or its Subsidiaries, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">(i)&nbsp;the Company shall offer to prepay each outstanding Note in a principal amount which equals the Ratable Portion for such Note, and (ii)&nbsp;any such prepayment of the Notes shall be made at par, together with accrued interest thereon to the date of such prepayment, but without the payment of the Make-Whole Amount.&nbsp;&nbsp;Any offer of prepayment of the Notes pursuant to this Section&nbsp;10.6 shall be given to each holder of the Notes by written notice that shall be delivered not less than fifteen (15) days and not more than sixty (60) days prior to the proposed prepayment date.&nbsp;&nbsp;Each such notice shall state that it is given pursuant to this Section and that the offer set forth in such notice must be accepted by such holder in writing and shall also set forth (i)&nbsp;the prepayment date, (ii)&nbsp;a description of the circumstances which give rise to the proposed prepayment and (iii)&nbsp;a calculation of the Ratable Portion for such holder&#x2019;s Notes.&nbsp;&nbsp;Each holder of the Notes which desires to have its Notes prepaid shall notify the Company in writing delivered not less than five (5) Business Days prior to the proposed prepayment date of its acceptance of such offer of prepayment.&nbsp;&nbsp;If a Holder does not accept an offer to prepay as set forth in this Section 10.6, the Company shall be permitted to retain the Ratable Portion of the net proceeds allocable to the Notes of such Holder without any further requirements for reinvestment or prepayment as set forth in this Section 10.6.</font>
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			<font style="display: inline;">As used in this Section&nbsp;10.6, a sale, lease or other disposition of assets shall be deemed to be a </font><font style="display: inline;font-style:italic;">&#x201C;substantial part&#x201D;</font><font style="display: inline;"> of the assets of the Parent and its Subsidiaries if the book value of such assets, when added to the book value of all other assets sold, leased or otherwise disposed of by the Parent and its Subsidiaries during the period of 12 consecutive months ending on the date of such sale, lease or other disposition, exceeds 10% of the book value of Consolidated Total Assets, determined as of the end of the fiscal year immediately preceding such sale, lease or other disposition;</font><font style="display: inline;font-style:italic;"> provided</font><font style="display: inline;"> that there shall be excluded from any determination of a &#x201C;substantial part&#x201D; (i) any sale, lease or disposition of assets in the ordinary course of business of the Parent and its Subsidiaries, (ii)&nbsp; any transfer of assets from the Parent to any Subsidiary or from any Subsidiary to the Parent or a Subsidiary, (iii)&nbsp;any sale or transfer of property acquired by the Parent or any Subsidiary after the date of this Agreement to any Person within 365 days following the acquisition or construction of such property by the Parent or any Subsidiary if the Parent or a Subsidiary shall concurrently with such sale or transfer, lease such property, as lessee, and (iv)&nbsp;any sale or transfer of assets within 365 days of the date such assets were acquired in connection with an acquisition of other assets which are required to be divested pursuant to an antitrust regulation, order or agreement of a Governmental Authority.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;10.7.&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Leverage Ratio</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not permit its Consolidated Leverage Ratio at the end of any fiscal quarter to exceed 3.50 to 1.00; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that, upon notice by the Obligors to the holders of Notes, as of the last day of each of the four consecutive fiscal quarters immediately following a Material Acquisition, such ratio may be greater than 3.50 to 1.00, but in no event greater than 4.00 to 1.00, and in which event, the Company shall be obligated to pay the Incremental Leverage Fee provided for in Section 1.4; </font><font style="display: inline;font-style:italic;">provided further</font><font style="display: inline;"> that in no event may the Consolidated Leverage Ratio be greater than 3.50 to 1.00 following a Material Acquisition on more than three separate occasions during the term of this Agreement.&nbsp;&nbsp;The Consolidated Leverage Ratio will be calculated at the end of each fiscal quarter, using the results of the Reference Period ending with that fiscal quarter, it being understood that to the extent any Material Acquisition or any Material Disposition shall have occurred during such period, the Consolidated Leverage Ratio shall be calculated as if such acquisition or disposition occurred at the beginning of such period.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;10.8.&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Interest Coverage Ratio</font><font style="display: inline;">. The Parent will not permit its Consolidated Interest Coverage Ratio at the end of any fiscal quarter to be less than 2.00 to 1.00.&nbsp;&nbsp;The Consolidated Interest Coverage Ratio will be calculated at the end of each fiscal quarter, using the results of the Reference Period ending with that fiscal quarter.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;10.9.&nbsp;&nbsp;&nbsp;&nbsp;Priority Indebtedness</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not permit its Priority Indebtedness at any time to exceed 20% of Consolidated Net Worth.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">11</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Events of Default</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">An </font><font style="display: inline;font-weight:bold;">&#x201C;Event of Default&#x201D;</font><font style="display: inline;"> shall exist if any of the following conditions or events shall occur and be continuing:</font>
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			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;the Company defaults in the payment of any principal or Make</font><font style="display: inline;">&#8209;Whole Amount, if any, on any Note when the same becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise; or</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;the Company defaults in the payment of any interest on any Note for more than five Business Days after the same becomes due and payable; or</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;any Obligor defaults in the performance of or compliance with any term contained in Section&nbsp;7.1(d) or Section 10; or</font>
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			<font style="display: inline;">(d)&nbsp;&nbsp;&nbsp;&nbsp;any Obligor or any Subsidiary Guarantor defaults in the performance of or compliance with&nbsp;any term contained herein (other than those referred to in Sections&nbsp;11(a), (b) and (c)) or in any Subsidiary Guaranty and such default is not remedied within 30 days after the earlier of (i)&nbsp;a Responsible Officer obtaining actual knowledge of such default and (ii)&nbsp;any Obligor receiving written notice of such default from any holder of a Note (any such written notice to be identified as a &#x201C;notice of default&#x201D; and to refer specifically to this Section&nbsp;11(d)); or</font>
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			<font style="display: inline;">(e)&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;any representation or warranty made in writing by or on behalf of any Obligor or by any officer of such Obligor in this Agreement or any writing furnished in connection with the transactions contemplated hereby proves to have been false or incorrect in any material respect on the date as of which made, or (ii)&nbsp;any representation or warranty made in writing by or on behalf of any Subsidiary Guarantor or by any officer of such Subsidiary Guarantor in any Subsidiary Guaranty or any writing furnished in connection with such Subsidiary Guaranty proves to have been false or incorrect in any material respect on the date as of which made; or</font>
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			<font style="display: inline;">(f)&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;any Obligor or any other Subsidiary is in default (as principal or as guarantor or other surety) in the payment of any principal of or premium or make</font><font style="display: inline;">&#8209;whole amount or interest on any Indebtedness that is outstanding in an aggregate principal amount of at least $50,000,000 (or its equivalent in the relevant currency of payment) beyond any period of grace provided with respect thereto, or (ii)&nbsp;any Obligor or any other Subsidiary is in default in the performance of or compliance with any term of any evidence of any Indebtedness in an aggregate outstanding principal amount of at least $50,000,000 (or its equivalent in the relevant currency of payment) or of any mortgage, indenture or other agreement relating thereto or any other condition exists, and as a consequence of such default or condition such Indebtedness has become, or has been declared (or one or more Persons are entitled to declare such Indebtedness to be), due and payable before its stated maturity or before its regularly scheduled dates of payment, or (iii)&nbsp;as a consequence of the occurrence or continuation of any event or condition (other than the passage of time or the right of the holder of Indebtedness to convert such Indebtedness into equity interests), (x)&nbsp;any Obligor or any other Subsidiary has become obligated to purchase or repay Indebtedness before its regular maturity or before its regularly scheduled dates of payment in an aggregate outstanding principal amount of at least $50,000,000 (or its equivalent in the relevant currency of payment), or (y)&nbsp;one or more Persons have the right to require any Obligor or any Subsidiary so to purchase or repay such Indebtedness; or</font>
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			<font style="display: inline;">(g)&nbsp;&nbsp;&nbsp;&nbsp;the Parent or any Material Subsidiary (i)&nbsp;is generally not paying, or admits in writing its inability to pay, its debts as they become due, (ii)&nbsp;files, or consents by answer or otherwise to the filing against it of, a petition for relief or reorganization or arrangement or any other petition in bankruptcy, for liquidation or to take advantage of any bankruptcy, insolvency, reorganization, moratorium or other similar law of any jurisdiction, (iii)&nbsp;makes an assignment for the benefit of its creditors, (iv)&nbsp;consents to the appointment of a custodian, receiver, trustee or other officer with similar powers with respect to it or with respect to any substantial part of its property, (v)&nbsp;is adjudicated as insolvent or to be liquidated, or (vi)&nbsp;takes corporate or limited liability company action for the purpose of any of the foregoing; or</font>
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			<font style="display: inline;">(h)&nbsp;&nbsp;&nbsp;&nbsp;a court or other Governmental Authority of competent jurisdiction enters an order appointing, without consent by the Parent or any of its Material Subsidiaries, a custodian, receiver, trustee or other officer with similar powers with respect to it or with respect to any substantial part of its property, or constituting an order for relief or approving a petition for relief or reorganization or any other petition in bankruptcy or for liquidation or to take advantage of any bankruptcy or insolvency law of any jurisdiction, or ordering the dissolution, winding</font><font style="display: inline;">&#8209;up or liquidation of the Parent or any of its Material Subsidiaries, or any such petition shall be filed against the Parent or any of its Material Subsidiaries and such petition shall not be dismissed within 60 days; or</font>
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			<font style="display: inline;">(i)&nbsp;&nbsp;&nbsp;&nbsp;any event occurs with respect to the Parent or any Material Subsidiary which under the laws of any jurisdiction is analogous to any of the events described in Section&nbsp;11(g) or Section&nbsp;11(h), </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that the applicable grace period, if any, which shall apply shall be the one applicable to the relevant proceeding which most closely corresponds to the proceeding described in Section&nbsp;11(g) or Section&nbsp;11(h); or</font>
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			<font style="display: inline;">(j)&nbsp;&nbsp;&nbsp;&nbsp;one or more final judgments or orders for the payment of money aggregating in excess of $25,000,000 (or its equivalent in the relevant currency of payment), including any such final order enforcing a binding arbitration decision, are rendered against one or more of the Parent and its Subsidiaries and which judgments are not, within 60 days after entry thereof, bonded, discharged or stayed pending appeal, or are not discharged within 60 days after the expiration of such stay; or</font>
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			<font style="display: inline;">(k)&nbsp;&nbsp;&nbsp;&nbsp;if (i)&nbsp;any Plan shall fail to satisfy the minimum funding standards of ERISA or the Code for any plan year or part thereof or a waiver of such standards or extension of any amortization period is sought or granted under section&nbsp;412 of the Code, (ii)&nbsp;a notice of intent to terminate&nbsp;any Plan shall have been filed with the PBGC or the PBGC shall have instituted proceedings under ERISA section&nbsp;4042 to terminate or appoint a trustee to administer any Plan or the PBGC shall have notified the Parent or any ERISA Affiliate that a Plan may become a subject of any such proceedings, (iii)&nbsp;there is any &#x201C;amount of unfunded benefit liabilities&#x201D; (within the meaning of section&nbsp;4001(a)(18) of ERISA) under one or more Plans, determined in accordance with Title&nbsp;IV of ERISA, (iv)&nbsp;the aggregate present value of accrued benefit liabilities under all funded Non</font><font style="display: inline;">&#8209;U.S. Plans exceeds the aggregate current value of the assets of such Non</font><font style="display: inline;">&#8209;U.S. Plans allocable to such liabilities, (v)&nbsp;the Parent or any ERISA Affiliate shall have incurred any liability pursuant to Title&nbsp;I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans, (vi)&nbsp;the Parent or any ERISA Affiliate withdraws from any Multiemployer Plan, (vii)&nbsp;the Parent or any Subsidiary establishes or amends any employee welfare benefit plan that provides post</font><font style="display: inline;">&#8209;employment welfare benefits in a manner that would increase the liability of the Parent or any Subsidiary thereunder, (viii)&nbsp;the Parent or any Subsidiary fails to administer or maintain a Non</font><font style="display: inline;">&#8209;U.S. Plan in compliance with the requirements of any and all applicable laws, statutes, rules, regulations or court orders or any Non</font><font style="display: inline;">&#8209;U.S. Plan is involuntarily terminated or wound up, or (ix)&nbsp;the Parent or any Subsidiary becomes subject to the imposition of a financial penalty (which for this purpose shall mean any tax, penalty or other liability, whether by way of indemnity or otherwise) with respect to one or more Non</font><font style="display: inline;">&#8209;U.S. Plans; and any such event or events described in clauses&nbsp;(i)&nbsp;through (ix)&nbsp;above, either individually or together with any other such event or events, would reasonably be expected to have a Material Adverse Effect.&nbsp;&nbsp;As used in this Section&nbsp;11(k), the terms </font><font style="display: inline;font-weight:bold;">&#x201C;employee benefit plan&#x201D;</font><font style="display: inline;"> and </font><font style="display: inline;font-weight:bold;">&#x201C;employee welfare benefit plan&#x201D;</font><font style="display: inline;"> shall have the respective meanings assigned to such terms in section&nbsp;3 of ERISA; or</font>
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			<font style="display: inline;">(l)&nbsp;&nbsp;&nbsp;&nbsp;except as permitted hereunder, any Subsidiary Guaranty shall cease to be in full force and effect, any Subsidiary Guarantor or any Person acting on behalf of any Subsidiary Guarantor shall contest in any manner the validity, binding nature or enforceability of any Subsidiary Guaranty, or the obligations of any Subsidiary Guarantor under any Subsidiary Guaranty are not or cease to be legal, valid, binding and enforceable in accordance with the terms of such Subsidiary Guaranty.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">12</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">.&nbsp;&nbsp;&nbsp;&nbsp;Remedies on Default, Etc</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">1</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Acceleration</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;If an Event of Default with respect to any Obligor described in Section&nbsp;11(g), (h) or (i)&nbsp;(other than an Event of Default described in clause&nbsp;(i) of Section&nbsp;11(g) or described in clause&nbsp;(vi) of Section&nbsp;11(g) by virtue of the fact that such clause encompasses clause&nbsp;(i) of Section&nbsp;11(g)) has occurred, all the Notes then outstanding shall automatically become immediately due and payable.</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;If any other Event of Default has occurred and is continuing, the Required Holders may at any time at its or their option, by notice or notices to any Obligor, declare all the Notes then outstanding to be immediately due and payable.</font>
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			<font style="display: inline;">(c)&nbsp;&nbsp;&nbsp;&nbsp;If any Event of Default described in Section&nbsp;11(a) or (b) has occurred and is continuing, any holder or holders of Notes at the time outstanding affected by such Event of Default may at any time, at its or their option, by notice or notices to any Obligor, declare all the Notes held by it or them to be immediately due and payable.</font>
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			<font style="display: inline;">Upon any Notes becoming due and payable under this Section&nbsp;12.1, whether automatically or by declaration, such Notes will forthwith mature and the entire unpaid principal amount of such Notes, plus (x)&nbsp;all accrued and unpaid interest thereon (including interest accrued thereon at the Default Rate) and (y)&nbsp;the Make</font><font style="display: inline;">&#8209;Whole Amount determined in respect of such principal amount, shall all be immediately due and payable, in each and every case without presentment, demand, protest or further notice, all of which are hereby waived.&nbsp;&nbsp;Each Obligor acknowledges, and the parties hereto agree, that each holder of a Note has the right to maintain its investment in the Notes free from repayment by any Obligor (except as herein specifically provided for) and that the provision for payment of a Make</font><font style="display: inline;">&#8209;Whole Amount in the event that the Notes are prepaid or are accelerated as a result of an Event of Default, is intended to provide compensation for the deprivation of such right under such circumstances.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">2</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Other Remedies</font><font style="display: inline;">.&nbsp;&nbsp;If any Default or Event of Default has occurred and is continuing, and irrespective of whether any Notes have become or have been declared immediately due and payable under Section&nbsp;12.1, the holder of any Note at the time outstanding may proceed to protect and enforce the rights of such holder by an action at law, suit in equity or other appropriate proceeding, whether for the specific performance of any agreement contained herein or in any Note or Subsidiary Guaranty, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law or otherwise.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">3</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;Rescission</font><font style="display: inline;">.&nbsp;&nbsp;At any time after any Notes have been declared due and payable pursuant to Section&nbsp;12.1(b) or (c), the Required Holders, by written notice to the Company, may rescind and annul any such declaration and its consequences if (a)&nbsp;the Company has paid all overdue interest on the Notes, all principal of and Make</font><font style="display: inline;">&#8209;Whole Amount, if any, on any Notes that are due and payable and are unpaid other than by reason of such declaration, and all interest on such overdue principal and Make</font><font style="display: inline;">&#8209;Whole Amount, if any, and (to the extent permitted by applicable law) any overdue interest in respect of the Notes, at the Default Rate, (b)&nbsp;neither the Company nor any other Person shall have paid any amounts which have become due solely by reason of such declaration, (c)&nbsp;all Events of Default and Defaults, other than non</font><font style="display: inline;">&#8209;payment of amounts that have become due solely by reason of such declaration, have been cured or have been waived pursuant to Section&nbsp;17, and (d)&nbsp;no judgment or decree has been entered for the payment of any monies due pursuant hereto or to the Notes.&nbsp;&nbsp;No rescission and annulment under this Section&nbsp;12.3 will extend to or affect any subsequent Event of Default or Default or impair any right consequent thereon.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;</font><font style="display: inline;font-weight:bold;">12</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">4</font><font style="display: inline;font-weight:bold;">.&nbsp;&nbsp;&nbsp;&nbsp;No Waivers or Election of Remedies, Expenses, Etc</font><font style="display: inline;">.&nbsp;&nbsp;No course of dealing and no delay on the part of any holder of any Note in exercising any right, power or remedy shall operate as a waiver thereof or otherwise prejudice such holder&#x2019;s rights, powers or remedies.&nbsp;&nbsp;No right, power or remedy conferred by this Agreement, any Subsidiary Guaranty or any Note upon any holder thereof shall be exclusive of any other right, power or remedy referred to herein or therein or now or hereafter available at law, in equity, by statute or otherwise.&nbsp;&nbsp;Without limiting the obligations of the Company under Section&nbsp;15, the Company will pay to the holder of each Note on demand such further amount as shall be sufficient to cover all costs and expenses of such holder incurred in any enforcement or collection under this Section&nbsp;12, including reasonable attorneys&#x2019; fees, expenses and disbursements.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;13.&nbsp;&nbsp;&nbsp;&nbsp;Registration; Exchange; Substitution of Notes</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;13.1.&nbsp;&nbsp;&nbsp;&nbsp;Registration of Notes</font><font style="display: inline;">.&nbsp;&nbsp;The Company shall keep at its principal executive office a register for the registration and registration of transfers of Notes.&nbsp;&nbsp;The name and address of each holder of one or more Notes, each transfer thereof and the name and address of each transferee of one or more Notes shall be registered in such register.&nbsp;&nbsp;If any holder of one or more Notes is a nominee, then (a)&nbsp;the name and address of the beneficial owner of such Note or Notes shall also be registered in such register as an owner and holder thereof and (b)&nbsp;at any such beneficial owner&#x2019;s option, either such beneficial owner or its nominee may execute any amendment, waiver or consent pursuant to this Agreement.&nbsp;&nbsp;Prior to due presentment for registration of transfer, the Person in whose name any Note shall be registered shall be deemed and treated as the owner and holder thereof for all purposes hereof, and the Company shall not be affected by any notice or knowledge to the contrary.&nbsp;&nbsp;The Company shall give to any holder of a Note that is an Institutional Investor promptly upon request therefor, a complete and correct copy of the names and addresses of all registered holders of Notes.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;13.2.&nbsp;&nbsp;&nbsp;&nbsp;Transfer and Exchange of Notes</font><font style="display: inline;">.&nbsp;&nbsp;Upon surrender of any Note to the Company at the address and to the attention of the designated officer (all as specified in Section&nbsp;18(iii)), for registration of transfer or exchange (and in the case of a surrender for registration of transfer accompanied by a written instrument of transfer duly executed by the registered holder of such Note or such holder&#x2019;s attorney duly authorized in writing and accompanied by the relevant name, address and other information for notices of each transferee of such Note or part thereof), within 10 Business Days thereafter, the Company shall execute and deliver, at the Company&#x2019;s expense (except as provided below), one or more new Notes of the same series (as requested by the holder thereof) in exchange therefor, in an aggregate principal amount equal to the unpaid principal amount of the surrendered Note.&nbsp;&nbsp;Each such new Note shall be payable to such Person as such holder may request and shall be substantially in the form of Schedule&nbsp;1-A or Schedule 1-B, as appropriate.&nbsp;&nbsp;Each such new Note shall be dated and bear interest from the date to which interest shall have been paid on the surrendered Note or dated the date of the surrendered Note if no interest shall have been paid thereon.&nbsp;&nbsp;The Company may require payment of a sum sufficient to cover any stamp tax or governmental charge imposed in respect of any such transfer of Notes.&nbsp;&nbsp;Notes shall not be transferred in denominations of less than $100,000, provided that if necessary to enable the registration of transfer by a holder of its entire holding of Notes, one Note may be in a denomination of less than $100,000.&nbsp;&nbsp;Any transferee, by its acceptance of a Note registered in its name (or the name of its nominee), shall be deemed to have made the representation set forth in Section&nbsp;6.2.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;13.3.&nbsp;&nbsp;&nbsp;&nbsp;Replacement of Notes</font><font style="display: inline;">.&nbsp;&nbsp;Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section&nbsp;18(iii)) of evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and such loss, theft, destruction or mutilation), and</font>
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			<font style="display: inline;">(a)&nbsp;&nbsp;&nbsp;&nbsp;in the case of loss, theft or destruction, of indemnity reasonably satisfactory to it (provided that if the holder of such Note is, or is a nominee for, an original Purchaser or another holder of a Note with a minimum net worth of at least $50,000,000 or a Qualified Institutional Buyer, such Person&#x2019;s own unsecured agreement of indemnity shall be deemed to be satisfactory), or</font>
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			<font style="display: inline;">(b)&nbsp;&nbsp;&nbsp;&nbsp;in the case of mutilation, upon surrender and cancellation thereof,</font>
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			<font style="display: inline;">within 10 Business Days thereafter, the Company at its own expense shall execute and deliver, in lieu thereof, a new Note, dated and bearing interest from the date to which interest shall have been paid on such lost, stolen, destroyed or mutilated Note or dated the date of such lost, stolen, destroyed or mutilated Note if no interest shall have been paid thereon.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;14.&nbsp;&nbsp;&nbsp;&nbsp;Payments on Notes</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;14.1.&nbsp;&nbsp;&nbsp;&nbsp;Place of Payment</font><font style="display: inline;">.&nbsp;&nbsp;Subject to Section&nbsp;14.2, payments of principal, Make</font><font style="display: inline;">&#8209;Whole Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York at the principal office of Bank of America, N.A. in such jurisdiction.&nbsp;&nbsp;The Company may at any time, by notice to each holder of a Note, change the place of payment of the Notes so long as such place of payment shall be either the principal office of the Company in such jurisdiction or the principal office of a bank or trust company in such jurisdiction.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;14.2.&nbsp;&nbsp;&nbsp;&nbsp;Payment by Wire Transfer</font><font style="display: inline;">.&nbsp;&nbsp;So long as any Purchaser or its nominee shall be the holder of any Note, and notwithstanding anything contained in Section&nbsp;14.1 or in such Note to the contrary, the Company will pay all sums becoming due on such Note for principal, Make</font><font style="display: inline;">&#8209;Whole Amount, if any, interest and all other amounts becoming due hereunder by the method and at the address specified for such purpose below such Purchaser&#x2019;s name in the Purchaser Schedule, or by such other method or at such other address as such Purchaser shall have from time to time specified to the Company in writing for such purpose, without the presentation or surrender of such Note or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section&nbsp;14.1.&nbsp;&nbsp;Prior to any sale or other disposition of any Note held by a Purchaser or its nominee, such Purchaser will, at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Note to the Company in exchange for a new Note or Notes pursuant to Section&nbsp;13.2.&nbsp;&nbsp;The Company will afford the benefits of this Section&nbsp;14.2 to any Institutional Investor that is the direct or indirect transferee of any Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Note as the Purchasers have made in this Section&nbsp;14.2.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;14.3.&nbsp;&nbsp;&nbsp;&nbsp;FATCA Information</font><font style="display: inline;font-style:italic;">.&nbsp; </font><font style="display: inline;">By acceptance of any Note, the holder of such Note agrees that such holder will with reasonable promptness duly complete and deliver to the Company, or to such other Person as may be reasonably requested by the Company, from time to time (a)&nbsp;in the case of any such holder that is a United States Person, such holder&#x2019;s United States tax identification number or other Forms reasonably requested by the Company necessary to establish such holder&#x2019;s status as a United States Person under FATCA and as may otherwise be necessary for the Company to comply with its obligations under FATCA and (b)&nbsp;in the case of any such holder that is not a United States Person, such documentation prescribed by applicable law (including as prescribed by section&nbsp;1471(b)(3)(C)(i) of the Code) and such additional documentation as may be necessary for the Company to comply with its obligations under FATCA and to determine that such holder has complied with such holder&#x2019;s obligations under FATCA or to determine the amount (if any) to deduct and withhold from any such payment made to such holder.&nbsp;&nbsp;Nothing in this Section&nbsp;14.3 shall require any holder to provide information that is confidential or proprietary to such holder unless the Company is required to obtain such information under FATCA and, in such event, the Company shall treat any such information it receives as confidential.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;15.&nbsp;&nbsp;&nbsp;&nbsp;Expenses, Etc</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;15.1.&nbsp;&nbsp;&nbsp;&nbsp;Transaction Expenses</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;Whether or not the transactions contemplated hereby are consummated, the Company will pay all reasonable costs and expenses (including reasonable attorneys&#x2019; fees of a special counsel and, if reasonably required by the Required Holders, local or other counsel) incurred by the Purchasers and each other holder of a Note in connection with such transactions and in connection with any amendments, waivers or consents under or in respect of this Agreement, any Subsidiary Guaranty or the Notes (whether or not such amendment, waiver or consent becomes effective), including: (a)&nbsp;the reasonable costs and expenses incurred in enforcing or defending (or determining whether or how to enforce or defend) any rights under this Agreement, any Subsidiary Guaranty or the Notes or in responding to any subpoena or other legal process or informal investigative demand issued in connection with this Agreement, any Subsidiary Guaranty or the Notes, or by reason of being a holder of any Note, (b)&nbsp;the reasonable costs and expenses, including financial advisors&#x2019; fees, incurred in connection with the insolvency or bankruptcy of the Company or any Subsidiary or in connection with any work</font><font style="display: inline;">&#8209;out or restructuring of the transactions contemplated hereby and by the Notes and any Subsidiary Guaranty and (c)&nbsp;the costs and expenses incurred in connection with the initial filing of this Agreement and all related documents and financial information with the SVO </font><font style="display: inline;font-style:italic;">provided,</font><font style="display: inline;"> that such costs and expenses under this clause&nbsp;(c) shall not exceed $5,000 per series of Note.&nbsp; </font><font style="display: inline;font-family:Times New Roman;">If required by the NAIC, the Company shall obtain and maintain at its own cost and expense a Legal Entity Identifier</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> (LEI).</font><font style="display: inline;"> &nbsp; &nbsp;</font>
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			<font style="display: inline;">The Company will pay, and will save each Purchaser and each other holder of a Note harmless from, (i)&nbsp;all claims in respect of any fees, costs or expenses, if any, of brokers and finders (other than those, if any, retained by a Purchaser or other holder in connection with its purchase of the Notes), (ii)&nbsp;any and all wire transfer fees that any bank or other financial institution deducts from any payment under such Note to such holder or otherwise charges to a holder of a Note with respect to a payment under such Note </font><font style="display: inline;font-family:Times New Roman;">and (iii)&nbsp;any judgment, liability, claim, order, decree, fine, penalty, cost, fee, expense (including reasonable attorneys&#x2019; fees and expenses) or obligation resulting from the consummation of the transactions contemplated hereby, including the use of the proceeds of the Notes by the Company</font><font style="display: inline;">.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;15.2.&nbsp;&nbsp;&nbsp;&nbsp;Certain Taxes</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;The Company agrees to pay all stamp, documentary or similar taxes or fees which may be payable in respect of the execution and delivery or the enforcement of this Agreement or any Subsidiary Guaranty or the execution and delivery (but not the transfer) or the enforcement of any of the Notes in the United States or any other jurisdiction where the Company or any Subsidiary Guarantor has assets or of any amendment of, or waiver or consent under or with respect to, this Agreement or any Subsidiary Guaranty or of any of the Notes, and to pay any value added tax due and payable in respect of reimbursement of costs and expenses by the Company pursuant to this Section&nbsp;15, and will save each Purchaser and holder of a Note&nbsp;&nbsp;to the extent permitted by applicable law harmless against any loss or liability resulting from nonpayment or delay in payment of any such tax or fee required to be paid by the Company hereunder.</font>
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			<font style="display: inline;font-weight:bold;">Section&nbsp;15.3.&nbsp;&nbsp;&nbsp;&nbsp;Survival</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;The obligations of the Company under this Section&nbsp;15 will survive the payment or transfer of any Note, the enforcement, amendment or waiver of any provision of this Agreement, any Subsidiary Guaranty or the Notes, and the termination of this Agreement.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;16.&nbsp;&nbsp;&nbsp;&nbsp;Survival of Representations and Warranties; Entire Agreement</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">All representations and warranties contained herein, as of the date in which they are given, shall survive the execution and delivery of this Agreement and the Notes, the purchase or transfer by any Purchaser of any Note or portion thereof or interest therein and the payment of any Note, and may be relied upon by any subsequent holder of a Note, regardless of any investigation made at any time by or on behalf of such Purchaser or any other holder of a Note.&nbsp;&nbsp;All statements contained in any certificate or other instrument delivered by or on behalf of the Company (as of the date in which they are given) pursuant to this Agreement shall be deemed representations and warranties of the Company under this Agreement.&nbsp;&nbsp;Subject to the preceding sentence, this Agreement, the Notes and any Subsidiary Guaranties embody the entire agreement and understanding between each Purchaser and the Company and supersede all prior agreements and understandings relating to the subject matter hereof.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;17.&nbsp;&nbsp;&nbsp;&nbsp;Amendment and Waiver</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;17.1.&nbsp;&nbsp;&nbsp;&nbsp;Requirements</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;This Agreement and the Notes may be amended, and the observance of any term hereof or of the Notes may be waived (either retroactively or prospectively), only with the written consent of the Parent, the Company and the Required Holders, except that:</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;no amendment or waiver of any of Sections 1, 2, 3, 4, 5, 6 or 21 hereof, or any defined term (as it is used therein), will be effective as to any Purchaser unless consented to by such Purchaser in writing; and</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp; no amendment or waiver may, without the written consent of holder of each Note at the time outstanding, (i)&nbsp;subject to Section&nbsp;12 relating to acceleration or rescission, change the amount or time of any prepayment or payment of principal of, or reduce the rate or change the time of payment or method of computation of (x)&nbsp;interest on the Notes or (y)&nbsp;the Make</font><font style="display: inline;">&#8209;Whole Amount, (ii)&nbsp;change the percentage of the principal amount of the Notes the holders of which are required to consent to any amendment or waiver or the principal amount of the Notes that the Purchasers are to purchase pursuant to Section 2 upon the satisfaction of the conditions to Closing that appear in Section 4, or (iii)&nbsp;amend any of Sections 8 </font><font style="display: inline;font-weight:bold;">(</font><font style="display: inline;">except as set forth in the second sentence of Section&nbsp;8.2</font><font style="display: inline;font-weight:bold;">)</font><font style="display: inline;">, 11(a), 11(b), 12, 17, 20 or 22.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;17.2.&nbsp;&nbsp;&nbsp;&nbsp;Solicitation of Holders of Notes</font><font style="display: inline;">.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Solicitation. </font><font style="display: inline;"> The Company will provide each Purchaser and holder of a Note&nbsp;&nbsp;with sufficient information, sufficiently (to the extent reasonably practicable) far in advance of the date a decision is required, to enable such holder to make an informed and considered decision with respect to any proposed amendment, waiver or consent in respect of any of the provisions hereof or of the Notes or any Subsidiary Guaranty.&nbsp;&nbsp;The Company will deliver executed or true and correct copies of each amendment, waiver or consent effected pursuant to this Section&nbsp;17 or any Subsidiary Guaranty to each Purchaser and holder of a Note&nbsp;&nbsp;promptly following the date on which it is executed and delivered by, or receives the consent or approval of, the requisite holders of Notes.</font>
		</p>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Payment. </font><font style="display: inline;"> The Company will not directly or indirectly pay or cause to be paid any remuneration, whether by way of supplemental or additional interest, fee or otherwise, or grant any security or provide other credit support, to any holder of a Note as consideration for or as an inducement to the entering into by such holder of any waiver or amendment of any of the terms and provisions hereof or of any Subsidiary Guaranty or any Note unless such remuneration is concurrently paid, or security is concurrently granted or other credit support concurrently provided, on the same terms, ratably to each holder of a Note even if such holder did not consent to such waiver or amendment.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Consent in Contemplation of Transfer</font><font style="display: inline;">.&nbsp;&nbsp;Any consent given pursuant to this Section&nbsp;17 or any Subsidiary Guaranty by a holder of a Note that has transferred or has agreed to transfer its Note to (i)&nbsp;the Company, (ii)&nbsp;any Subsidiary or any other Affiliate </font><font style="display: inline;color:#000000;">or (iii)&nbsp;any other Person in connection with, or in anticipation of, such other Person acquiring, making a tender offer for or merging with the Company and/or any of its Affiliates </font><font style="display: inline;">(either pursuant to a waiver under Section&nbsp;17.1(c) or subsequent to Section&nbsp;8.5 having been amended pursuant to Section&nbsp;17.1(c)), in each case in connection with such consent, shall be void and of no force or effect except solely as to such holder, and any amendments effected or waivers granted or to be effected or granted that would not have been or would not be so effected or granted but for such consent (and the consents of all other holders of Notes that were acquired under the same or similar conditions) shall be void and of no force or effect except solely as to such holder.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;17.3.&nbsp;&nbsp;&nbsp;&nbsp;Binding Effect, Etc</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;Any amendment or waiver consented to as provided in this Section&nbsp;17 or any Subsidiary Guaranty applies equally to all holders of Notes and is binding upon them and upon each future holder of any Note and upon the Company without regard to whether such Note has been marked to indicate such amendment or waiver.&nbsp;&nbsp;No such amendment or waiver will extend to or affect any obligation, covenant, agreement, Default or Event of Default not expressly amended or waived or impair any right consequent thereon.&nbsp;&nbsp;No course of dealing between the Company and any holder of a Note and no delay in exercising any rights hereunder or under any Note or Subsidiary Guaranty shall operate as a waiver of any rights of any holder of such Note.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;17.4.&nbsp;&nbsp;&nbsp;&nbsp;Notes Held by Company, Etc</font><font style="display: inline;font-style:italic;">. &nbsp;</font><font style="display: inline;"> Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate principal amount of Notes then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement, any Subsidiary Guaranty or the Notes, or have directed the taking of any action provided herein or in any Subsidiary Guaranty or the Notes to be taken upon the direction of the holders of a specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding.</font>
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		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;18.&nbsp;&nbsp;&nbsp;&nbsp;Notices</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">Except to the extent otherwise provided in Section&nbsp;7.4, all notices and communications provided for hereunder shall be in writing and sent (a)&nbsp;by telecopy if the sender on the same day sends a confirming copy of such notice by an internationally recognized overnight delivery service (charges prepaid), or (b)&nbsp;by registered or certified mail with return receipt requested (postage prepaid), or (c)&nbsp;by an internationally recognized overnight delivery service (charges prepaid).&nbsp;&nbsp;Any such notice must be sent:</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;if to any Purchaser or its nominee, to such Purchaser or nominee at the address specified for such communications in the Purchaser Schedule, or at such other address as such Purchaser or nominee shall have specified to the Company in writing,</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;if to any other holder of any Note, to such holder at such address as such other holder shall have specified to the Company in writing, </font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;if to the Parent, to the Parent at its address set forth at the beginning hereof to the attention of Chief Legal Officer, or at such other address as the Parent shall have specified to the holder of each Note in writing; or</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;if to the Company, to the Company at its address set forth at the beginning hereof to the attention of Chief Legal Officer, or at such other address as the Company shall have specified to the holder of each Note in writing.</font>
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			<font style="display: inline;">Notices under this Section&nbsp;18 will be deemed given only when actually received.</font>
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		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;19.&nbsp;&nbsp;&nbsp;&nbsp;Reproduction of Documents</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">This Agreement and all documents relating thereto, including (a)&nbsp;consents, waivers and modifications that may hereafter be executed, (b)&nbsp;documents received by any Purchaser at the Closing (except the Notes themselves), and (c)&nbsp;financial statements, certificates and other information previously or hereafter furnished to any Purchaser, may be reproduced by such Purchaser by any photographic, photostatic, electronic, digital, or other similar process and such Purchaser may destroy any original document so reproduced.&nbsp;&nbsp;The Parent and the Company agrees and stipulates that, to the extent permitted by applicable law, any such reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding (whether or not the original is in existence and whether or not such reproduction was made by such Purchaser in the regular course of business) and any enlargement, facsimile or further reproduction of such reproduction shall likewise be admissible in evidence.&nbsp;&nbsp;This Section&nbsp;19 shall not prohibit the Parent, the Company or any other holder of Notes from contesting any such reproduction to the same extent that it could contest the original, or from introducing evidence to demonstrate the inaccuracy of any such reproduction.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;20.&nbsp;&nbsp;&nbsp;&nbsp;Confidential Information</font><font style="display: inline;text-transform:uppercase;">.</font>
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			<font style="display: inline;">For the purposes of this Section&nbsp;20, </font><font style="display: inline;font-weight:bold;">&#x201C;Confidential Information&#x201D;</font><font style="display: inline;"> means information delivered to any Purchaser by or on behalf of the Parent or any Subsidiary in connection with the transactions contemplated by or otherwise pursuant to this Agreement that is confidential or proprietary in nature and that was clearly marked or labeled or otherwise adequately identified when received by such Purchaser as being confidential information of the Parent or such Subsidiary, provided that such term does not include information that (a)&nbsp;was publicly known or otherwise known to such Purchaser prior to the time of such disclosure, (b)&nbsp;subsequently becomes publicly known through no act or omission by such Purchaser or any Person acting on such Purchaser&#x2019;s behalf, (c)&nbsp;otherwise becomes known to such Purchaser other than through disclosure by the Parent or any Subsidiary or (d)&nbsp;constitutes financial statements delivered to such Purchaser under Section&nbsp;7.1 that are otherwise publicly available.&nbsp;&nbsp;Each Purchaser will maintain the confidentiality of such Confidential Information in accordance with procedures adopted by such Purchaser in good faith to protect confidential information of third parties delivered to such Purchaser, provided that such Purchaser may deliver or disclose Confidential Information to (i)&nbsp;its directors, officers, employees, agents, attorneys, trustees and affiliates (to the extent such disclosure reasonably relates to the administration of the investment represented by its Notes), (ii)&nbsp;its auditors, financial advisors and other professional advisors who agree to hold confidential the Confidential Information substantially in accordance with this Section&nbsp;20, (iii)&nbsp;any other holder of any Note, (iv)&nbsp;any Institutional Investor to which it sells or offers to sell such Note or any part thereof or any participation therein (if such Person has agreed in writing prior to its receipt of such Confidential Information to be bound by this Section&nbsp;20), (v)&nbsp;any Person from which it offers to purchase any Security of the Company (if such Person has agreed in writing prior to its receipt of such Confidential Information to be bound by this Section&nbsp;20), (vi)&nbsp;any federal or state regulatory authority having jurisdiction over such Purchaser, (vii)&nbsp;the NAIC or the SVO or, in each case, any similar organization, or any nationally recognized rating agency that requires access to information about such Purchaser&#x2019;s investment portfolio, or (viii)&nbsp;any other Person to which such delivery or disclosure may be necessary or appropriate (w)&nbsp;to effect compliance with any law, rule, regulation or order applicable to such Purchaser, (x)&nbsp;in response to any subpoena or other legal process, (y)&nbsp;in connection with any litigation to which such Purchaser is a party or (z)&nbsp;if an Event of Default has occurred and is continuing, to the extent such Purchaser may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or for the protection of the rights and remedies under such Purchaser&#x2019;s Notes, this Agreement or any Subsidiary Guaranty.&nbsp;&nbsp;Each holder of a Note, by its acceptance of a Note, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section&nbsp;20 as though it were a party to this Agreement.&nbsp;&nbsp;On reasonable request by the Parent or the Company in connection with the delivery to any holder of a Note of information required to be delivered to such holder under this Agreement or requested by such holder (other than a holder that is a party to this Agreement or its nominee), such holder will enter into an agreement with the Company embodying this Section&nbsp;20.</font>
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			<font style="display: inline;">In the event that as a condition to receiving access to information relating to the Parent or its Subsidiaries in connection with the transactions contemplated by or otherwise pursuant to this Agreement, any Purchaser or holder of a Note is required to agree to a confidentiality undertaking (whether through IntraLinks, another secure website, a secure virtual workspace or otherwise) which is different from this Section&nbsp;20, this Section&nbsp;20 shall not be amended thereby and, as between such Purchaser or such holder and the Company or the Parent, this Section&nbsp;20 shall supersede any such other confidentiality undertaking.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;21.&nbsp;&nbsp;&nbsp;&nbsp;Substitution of Purchaser</font><font style="display: inline;text-transform:uppercase;">.</font>
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		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Purchaser shall have the right to substitute any one of its Affiliates or another Purchaser or any one of such other Purchaser&#x2019;s Affiliates (a </font><font style="display: inline;font-weight:bold;">&#x201C;Substitute Purchaser&#x201D;</font><font style="display: inline;">) as the purchaser of the Notes that it has agreed to purchase hereunder, by written notice to the Company, which notice shall be signed by both such Purchaser and such Substitute Purchaser, shall contain such Substitute Purchaser&#x2019;s agreement to be bound by this Agreement and shall contain a confirmation by such Substitute Purchaser of the accuracy with respect to it of the representations set forth in Section&nbsp;6.&nbsp;&nbsp;Upon receipt of such notice, any reference to such Purchaser in this Agreement (other than in this Section&nbsp;21), shall be deemed to refer to such Substitute Purchaser in lieu of such original Purchaser.&nbsp;&nbsp;In the event that such Substitute Purchaser is so substituted as a Purchaser hereunder and such Substitute Purchaser thereafter transfers to such original Purchaser all of the Notes then held by such Substitute Purchaser, upon receipt by the Company of notice of such transfer, any reference to such Substitute Purchaser as a &#x201C;Purchaser&#x201D; in this Agreement (other than in this Section&nbsp;21), shall no longer be deemed to refer to such Substitute Purchaser, but shall refer to such original Purchaser, and such original Purchaser shall again have all the rights of an original holder of the Notes under this Agreement.</font>
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			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;22.&nbsp;&nbsp;&nbsp;&nbsp;Parent Guaranty.</font>
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			<font style="display: inline;font-style:italic;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;22.1.&nbsp;&nbsp;&nbsp;&nbsp;Guaranty</font><font style="display: inline;">.&nbsp;&nbsp;The Parent hereby agrees that it is liable for, and, as primary obligor and not merely as surety, absolutely and unconditionally guarantees to the holders of Notes the prompt payment when due, whether at stated maturity, upon acceleration or otherwise, and at all times thereafter, of the obligations and all costs and expenses including, without limitation, all court costs and reasonable attorneys&#x2019; and paralegals&#x2019; fees (including allocated costs of in</font><font style="display: inline;">&#8209;house counsel and paralegals that are documented in writing) and expenses paid or incurred by the holders of Notes in endeavoring to collect all or any part of the Obligations from, or in prosecuting any action against, the Company or any other guarantor of all or any part of the Obligations (such costs and expenses, together with the obligations, collectively the </font><font style="display: inline;font-weight:bold;">&#x201C;Guaranteed Obligations&#x201D;</font><font style="display: inline;">).&nbsp;&nbsp;The Parent further agrees that the Guaranteed Obligations may be extended or renewed in whole or in part without notice to or further assent from it, and that it remains bound upon its guarantee notwithstanding any such extension or renewal.&nbsp;&nbsp;All terms of this Parent Guaranty apply to and may be enforced by or on behalf of any domestic or foreign branch or Affiliate of any holder of a Note that extended any portion of the Guaranteed Obligations.&nbsp;&nbsp;The Parent irrevocably and unconditionally agrees that if any of the Guaranteed Obligations is or becomes unenforceable, invalid or illegal, it will, as an independent and primary obligation, indemnify the the holders of Notes immediately on demand against any cost, loss or liability they incur as a result of the Company not paying any amount which would, but for such unenforceability, invalidity, or illegality, have been payable by it under this Section 22 on the date when it would have been due (but so that the amount payable by the Parent under this indemnity will not exceed the amount it would have had to pay under this Section 22 if the amount claimed had been recoverable on the basis of a guaranty).</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.2.&nbsp;&nbsp;&nbsp;&nbsp;Guaranty of Payment</font><font style="display: inline;">.&nbsp;&nbsp;This Parent Guaranty is a guaranty of payment and not of collection.&nbsp;&nbsp;The Parent waives any right to require any holder of a Note to sue the Company or any other person obligated for all or any part of the Guaranteed Obligations (each, an </font><font style="display: inline;font-style:italic;">&#x201C;Obligated Party&#x201D;</font><font style="display: inline;">).</font>
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			<font style="display: inline;">The Parent hereby irrevocably and unconditionally agrees that if any obligation guaranteed by it hereunder is or becomes unenforceable, invalid or illegal, it will, as an independent and primary obligation, indemnify the holders of Notes immediately on demand against any cost, loss or liability they incur as a result of the Company or any of its Affiliates not paying any amount which would, but for such unenforceability, invalidity or illegality, have been payable by the Parent under this Parent Guaranty on the date when it would have been due (but so that the amount payable by the Parent under this indemnity will not exceed the amount which it would have had to pay under this Parent Guaranty if the amount claimed had been recoverable on the basis of a guaranty).</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.3.&nbsp;&nbsp;&nbsp;&nbsp;Continuing Guarantee; No Discharge or Diminishment of Parent Guaranty</font><font style="display: inline;">.&nbsp;&nbsp;(a)&nbsp;Except as otherwise provided for herein, the obligations of the Parent hereunder shall constitute a continuing and irrevocable guarantee of all Guaranteed Obligations now or hereafter existing and are unconditional and absolute and not subject to any reduction, limitation, impairment or termination for any reason (other than the indefeasible payment in full in cash of the Guaranteed Obligations), including: (i)&nbsp;any claim of waiver, release, extension, renewal, settlement, surrender, alteration, or compromise of any of the Guaranteed Obligations, by operation of law or otherwise; (ii)&nbsp;any change in the corporate existence, structure or ownership of the Company or any other guarantor of or other person liable for any of the Guaranteed Obligations; (iii)&nbsp;any insolvency, bankruptcy, reorganization or other similar proceeding affecting any Obligated Party, or their assets or any resulting release or discharge of any obligation of any Obligated Party; or (iv)&nbsp;the existence of any claim, setoff or other rights which the Parent may have at any time against any Obligated Party, any holder of a Note, or any other person, whether in connection herewith or in any unrelated transactions.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;The obligations of the Parent hereunder are not subject to any defense or setoff, counterclaim, recoupment, or termination whatsoever by reason of the invalidity, illegality, or unenforceability of any of the Guaranteed Obligations or otherwise, or any provision of applicable law or regulation purporting to prohibit payment by any Obligated Party, of the Guaranteed Obligations or any part thereof.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;Further, the obligations of the Parent hereunder are not discharged or impaired or otherwise affected by: (i)&nbsp;the failure of any holder of a Note to assert any claim or demand or to enforce any remedy with respect to all or any part of the Guaranteed Obligations; (ii)&nbsp;any waiver or modification of or supplement to any provision of any agreement relating to the Guaranteed Obligations; (iii)&nbsp;any release, non</font><font style="display: inline;">&#8209;perfection, or invalidity of any indirect or direct security for the obligations of the Company for all or any part of the Guaranteed Obligations or any obligations of any other guarantor of or other person liable for any of the Guaranteed Obligations; or (iv)&nbsp;any default, failure or delay, willful or otherwise, in the payment or performance of any of the Guaranteed Obligations, or any other circumstance, act, omission or delay that might in any manner or to any extent vary the risk of the Parent or that would otherwise operate as a discharge of the Parent as a matter of law or equity (other than the indefeasible payment in full in cash of the Guaranteed Obligations).</font>
		</p>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.4.&nbsp;&nbsp;&nbsp;&nbsp;Defenses Waived</font><font style="display: inline;">.&nbsp;&nbsp;To the fullest extent permitted by applicable law, the Parent hereby waives any defense based on or arising out of any defense of the Company or the Parent or the unenforceability of all or any part of the Guaranteed Obligations from any cause, or the cessation from any cause of the liability of the Company or the Parent, other than the indefeasible payment in full in cash of the Guaranteed Obligations.&nbsp;&nbsp;Without limiting the generality of the foregoing, the Parent irrevocably waives acceptance hereof, presentment, demand, protest and, to the fullest extent permitted by law, any notice not provided for herein, as well as any requirement that at any time any action be taken by any person against any Obligated Party, or any other person.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.5.&nbsp;&nbsp;&nbsp;&nbsp;Rights of Subrogation</font><font style="display: inline;">.&nbsp;&nbsp;The Parent will not assert any right, claim or cause of action, including, without limitation, a claim of subrogation, contribution or indemnification that it has against any Obligated Party, until the Company has fully performed all its obligations to the holders of Notes.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.6.&nbsp;&nbsp;&nbsp;&nbsp;Reinstatement; Stay of Acceleration</font><font style="display: inline;">.&nbsp;&nbsp;If at any time any payment of any portion of the Guaranteed Obligations (including a payment effected through exercise of a right of setoff) is rescinded, or is or must otherwise be restored or returned upon the insolvency, bankruptcy, or reorganization of the Company or otherwise (including pursuant to any settlement entered into by any holder of a Note in its discretion), the Parent&#x2019;s obligations under this Parent Guaranty with respect to that payment shall be reinstated at such time as though the payment had not been made and whether or not the holders of Notes are in possession of this Parent Guaranty.&nbsp;&nbsp;If acceleration of the time for payment of any of the Guaranteed Obligations is stayed upon the insolvency, bankruptcy or reorganization of the Company, all such amounts otherwise subject to acceleration under the terms of any agreement relating to the Guaranteed Obligations shall nonetheless be payable by the Parent forthwith on demand by the holder of a Note.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.7.&nbsp;&nbsp;&nbsp;&nbsp;Information</font><font style="display: inline;">.&nbsp;&nbsp;The Parent assumes all responsibility for being and keeping itself informed of the Company&#x2019;s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations and the nature, scope and extent of the risks that the Parent assumes and incurs under this Parent Guaranty, and agrees that no holder of a Note shall have any duty to advise the Parent of information known to it regarding those circumstances or risks.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section&nbsp;22.8.&nbsp;&nbsp;&nbsp;&nbsp;Maximum Liability</font><font style="display: inline;">.&nbsp;&nbsp;The provisions of this Parent Guaranty are severable, and in any action or proceeding involving any state corporate law, or any state, federal or foreign bankruptcy, insolvency, reorganization or other law affecting the rights of creditors generally, if the obligations of the Parent under this Parent Guaranty would otherwise be held or determined to be avoidable, invalid or unenforceable on account of the amount of the Parent&#x2019;s liability under this Parent Guaranty, then, notwithstanding any other provision of this Parent Guaranty to the contrary, the amount of such liability shall, without any further action by the Parent or the holders of Notes, be automatically limited and reduced to the highest amount that is valid and enforceable as determined in such action or proceeding (such highest amount determined hereunder being the Parent&#x2019;s </font><font style="display: inline;font-weight:bold;">&#x201C;Maximum Liability&#x201D;</font><font style="display: inline;">).&nbsp;&nbsp;This Section with respect to the Maximum Liability of the Parent is intended solely to preserve the rights of the holders of Notes to the maximum extent not subject to avoidance under applicable law, and none of Parent or any other person or entity shall have any right or claim under this Section with respect to such Maximum Liability, except to the extent necessary so that the obligations of the Parent hereunder shall not be rendered voidable under applicable law.&nbsp;&nbsp;The Parent agrees that the Guaranteed Obligations may at any time and from time to time exceed the Maximum Liability of the Parent without impairing this Parent Guaranty or affecting the rights and remedies of the holders of Notes hereunder; </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that, nothing in this sentence shall be construed to increase the Parent&#x2019;s obligations hereunder beyond its Maximum Liability.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.9.&nbsp;&nbsp;&nbsp;&nbsp;Liability Cumulative</font><font style="display: inline;">.&nbsp;&nbsp;The liability of the Parent under this Section 22 is in addition to and shall be cumulative with all liabilities of the Parent to the holders of Notes under this Agreement and the other Note Documents to which the Parent is a party or in respect of any obligations or liabilities of the Company, without any limitation as to amount, unless the instrument or agreement evidencing or creating such other liability specifically provides to the contrary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 22.10.&nbsp;&nbsp;&nbsp;&nbsp;Limitation of Guaranty</font><font style="display: inline;">.&nbsp;&nbsp;Notwithstanding any other provision of this Parent Guaranty, the amount guaranteed by the Parent hereunder shall be limited to the extent, if any, required so that its obligations hereunder shall not be subject to avoidance under Section&nbsp;548 of the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent Conveyance Act or similar statute or common law.&nbsp;&nbsp;In determining the limitations, if any, on the amount of the Parent&#x2019;s obligations hereunder pursuant to the preceding sentence, it is the intention of the parties hereto that any rights of subrogation, indemnification or contribution which the Parent may have under this Parent Guaranty, any other agreement or applicable law shall be taken into account.</font>
		</p>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Section 23.&nbsp;&nbsp;&nbsp;&nbsp;Miscellaneous</font><font style="display: inline;text-transform:uppercase;">.</font>
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		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.1.&nbsp;&nbsp;&nbsp;&nbsp;Successors and Assigns</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;All covenants and other agreements contained in this Agreement by or on behalf of any of the parties hereto bind and inure to the benefit of their respective successors and assigns (including any subsequent holder of a Note) whether so expressed or not, </font><font style="display: inline;">except that, subject to Section&nbsp;10.2, the Company or the Parent may not assign or otherwise transfer any of its rights or obligations hereunder or under the Notes without the prior written consent of each holder.&nbsp;&nbsp;Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto and their respective successors and assigns permitted hereby) any legal or equitable right, remedy or claim under or by reason of this Agreement</font><font style="display: inline;">.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.2.&nbsp;&nbsp;&nbsp;&nbsp;Accounting Terms</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;(a)&nbsp;All accounting terms used herein which are not expressly defined in this Agreement have the meanings respectively given to them in accordance with GAAP.&nbsp;&nbsp;Except as otherwise specifically provided herein, (i)&nbsp;all computations made pursuant to this Agreement shall be made in accordance with GAAP, and (ii)&nbsp;all financial statements shall be prepared in accordance with GAAP.&nbsp; </font><a name="OLE_LINK3"></a><a name="OLE_LINK4"></a><font style="display: inline;">For purposes of determining compliance with this Agreement (including Section&nbsp;9, Section&nbsp;10 and the definition of &#x201C;Indebtedness&#x201D;), any election by the Parent to measure any financial liability using fair value (as permitted by Financial Accounting Standards Board Accounting Standards Codification Topic No. 825</font><font style="display: inline;">&#8209;10</font><font style="display: inline;">&#8209;25 &#x2013; </font><font style="display: inline;font-style:italic;">Fair Value Option,</font><font style="display: inline;"> International Accounting Standard 39 &#x2013; </font><font style="display: inline;font-style:italic;">Financial Instruments: Recognition and Measurement</font><font style="display: inline;"> or any similar accounting standard) shall be disregarded and such determination shall be made as if such election had not been made.</font><font style="font-family:Times;font-size:10pt;display: inline;">&nbsp;</font>
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		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-style:italic;">Changes in GAAP</font><font style="display: inline;">.&nbsp;&nbsp;If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in this Agreement, and either the Parent, the Company or the Required Holders shall so request, the holders of Notes and the Company and the Parent shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Holders); </font><font style="display: inline;font-style:italic;">provided that</font><font style="display: inline;">, until so amended, (i)&nbsp;such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii)&nbsp;the Company shall provide to the holders of Notes financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP.&nbsp; </font>
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		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.3.&nbsp;&nbsp;&nbsp;&nbsp;Severability</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall (to the full extent permitted by law) not invalidate or render unenforceable such provision in any other jurisdiction.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.4.&nbsp;&nbsp;&nbsp;&nbsp;Construction, Etc</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant.&nbsp;&nbsp;Where any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person.</font>
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			<font style="display: inline;">Defined terms herein shall apply equally to the singular and plural forms of the terms defined.&nbsp;&nbsp;Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms.&nbsp;&nbsp;The words &#x201C;include,&#x201D; &#x201C;includes&#x201D; and &#x201C;including&#x201D; shall be deemed to be followed by the phrase &#x201C;without limitation.&#x201D;&nbsp;&nbsp;The word &#x201C;will&#x201D; shall be construed to have the same meaning and effect as the word &#x201C;shall.&#x201D;&nbsp;&nbsp;Unless the context requires otherwise (a)&nbsp;any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein) and, for purposes of the Notes, shall also include </font><font style="display: inline;">any such notes issued in substitution therefor pursuant to Section&nbsp;13</font><font style="display: inline;">, (b)&nbsp;subject to Section 23.1, any reference herein to any Person shall be construed to include such Person&#x2019;s successors and assigns, (c)&nbsp;the words &#x201C;herein,&#x201D; &#x201C;hereof&#x201D; and &#x201C;hereunder,&#x201D; and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d)&nbsp;all references herein to Sections and Schedules shall be construed to refer to Sections of, and Schedules to, this Agreement, and (e)&nbsp;any reference to any law or regulation herein shall, unless otherwise specified, refer to such law or regulation as amended, modified or supplemented from time to time.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.5.&nbsp;&nbsp;&nbsp;&nbsp;Counterparts</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;This Agreement may be executed in any number of counterparts, each of which shall be an original but all of which together shall constitute one instrument.&nbsp;&nbsp;Each counterpart may consist of a number of copies hereof, each signed by less than all, but together signed by all, of the parties hereto.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.6.&nbsp;&nbsp;&nbsp;&nbsp;Governing Law</font><font style="display: inline;font-style:italic;">.</font><font style="display: inline;"> &nbsp;This Agreement shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the law of the State of New York excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State (other than those set forth in Section&nbsp;5-1401 and 5-1402 of the New York General Obligations Law) that would permit the application of the laws of a jurisdiction other than such State.</font>
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		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">Section 23.7.&nbsp;&nbsp;&nbsp;&nbsp;Jurisdiction and Process; Waiver of Jury Trial</font><font style="display: inline;font-style:italic;">.&nbsp; </font><font style="display: inline;">(a)&nbsp;The Company and the Parent irrevocably submit to the non</font><font style="display: inline;">&#8209;exclusive jurisdiction of any New York State or federal court sitting in the Borough of Manhattan, The City of New York, over any suit, action or proceeding arising out of or relating to the Note Documents.&nbsp;&nbsp;To the fullest extent permitted by applicable law, the Company and the Parent irrevocably waive and agree not to assert, by way of motion, as a defense or otherwise, any claim that it is not subject to the jurisdiction of any such court, any objection that it may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;The Company and the Parent agree, to the fullest extent permitted by applicable law, that a final judgment in any suit, action or proceeding of the nature referred to in Section 23.7(a)&nbsp;brought in any such court shall be conclusive and binding upon them subject to rights of appeal, as the case may be, and may be enforced in the courts of the United States of America or the State of New York (or any other courts to the jurisdiction of which it or any of its assets is or may be subject) by a suit upon such judgment.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;The Company and the Parent consent to process being served by or on behalf of any holder of Notes in any suit, action or proceeding of the nature referred to in Section 23.7(a) by mailing a copy thereof by registered, certified, priority or express mail (or any substantially similar form of mail), postage prepaid, return receipt or delivery confirmation requested, to it at its address specified in Section&nbsp;18 or at such other address of which such holder shall then have been notified pursuant to said Section.&nbsp;&nbsp;The Company and the Parent agree that such service upon receipt (i)&nbsp;shall be deemed in every respect effective service of process upon it in any such suit, action or proceeding and (ii)&nbsp;shall, to the fullest extent permitted by applicable law, be taken and held to be valid personal service upon and personal delivery to it.&nbsp;&nbsp;Notices hereunder shall be conclusively presumed received as evidenced by a delivery receipt furnished by the United States Postal Service or any reputable commercial delivery service.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;Nothing in this Section 23.7 shall affect the right of any holder of a Note to serve process in any manner permitted by law, or limit any right that the holders of any of the Notes may have to bring proceedings against the Company or the Parent in the courts of any appropriate jurisdiction or to enforce in any lawful manner a judgment obtained in one jurisdiction in any other jurisdiction.</font>
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			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;text-transform:uppercase;">The parties hereto hereby waive trial by jury in any action brought on or with respect to this Agreement, the Notes or any other document executed in connection herewith or therewith.</font><font style="display: inline;">&nbsp;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">*&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;*</font>
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			<font style="display: inline;font-size:12pt;">-</font><font style="display: inline;"></font><font style="display: inline;font-size:12pt;">5</font><font style="display: inline;font-size:12pt;"></font><font style="display: inline;font-size:12pt;">-</font>

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			<font style="display: inline;">If you are in agreement with the foregoing, please sign the form of agreement on a counterpart of this Agreement and return it to the Company, whereupon this Agreement shall become a binding agreement between you, the Company and the Parent.</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">Very truly yours,</font>
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			<font style="display: inline;text-transform:uppercase;">Paychex of New York LLC</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">By </font><font style="display: inline;text-decoration:underline;">/s/ Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Treasurer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Paychex, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By </font><font style="display: inline;text-decoration:underline;">/s/ Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Senior Vice President, Chief</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> Financial Officer and Treasurer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 275.75pt;text-indent: -18.7pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">American General Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The United States Life Insurance Company in the City of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -27pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;&nbsp;AIG Asset Management (U.S.), LLC, as Investment Adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -27pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -27pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By </font><font style="display: inline;text-decoration:underline;">/s/ Gerald F. Herman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -18.9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Gerald F. Herman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -18.9pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Northwestern Mutual Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Calibri;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp;Northwestern Mutual Investment Management</font><br /><font style="display: inline;color:#000000;">Company, LLC, its investment advisor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp; </font><font style="display: inline;text-decoration:underline;">/s/ Bradley T. Kunath</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Bradley T. Kunath</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Calibri;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Calibri;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Northwestern Mutual Life Insurance Company for its Group Annuity Separate Account</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Bradley T. Kunath</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Bradley T. Kunath</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Its Authorized Representative</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Metropolitan Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Metropolitan Property and Casualty Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font><br /><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Metropolitan Tower Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;text-decoration:underline;">/s/ John A. Wills</font><font style="display: inline;">__________</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: John A. Wills</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">MetLife Insurance K.K.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Jennifer Potenta</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Jennifer Potenta</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Brighthouse Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Brighthouse Life Insurance Company of NY </font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Brighthouse Reinsurance Company of Delaware</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Judith A. Gulotta</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Judith A. Gulotta</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Farmers New World Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Associated Electric &amp; Gas Insurance Services Limited</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Zurich American Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Pension and Savings Committee,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">On Behalf of The Zurich American Insurance Company Master Retirement Trust</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Zurich Insurance Company Ltd, Bermuda Branch</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">by MetLife Investment Advisors, LLC, Its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Frank O. Monfalcone</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Pensionskasse des Bundes Publica</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;MetLife Investment Management Limited, as Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Ewan Machalay</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Ewan Machalay</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: VP</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Massachusetts Mutual Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Barings LLC as Investment Adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">MassMutual Asia Limited</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Barings LLC as Investment Adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">MUFG </font><font style="display: inline;text-transform:uppercase;">Fund Services (Cayman) Limited</font><font style="display: inline;">, acting solely in its capacity as trustee of Bright &#x2013; I Fund, a sub-fund of Global Private Credit Umbrella Unit Trust*</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Barings LLC as Investment Adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Shawn Robinson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">________________________</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="font-family:Times;font-size:10pt;display: inline;font-size:8pt;">*</font><font style="display: inline;font-size:10pt;"> Trustee&#x2019;s obligations in such capacity will be solely the obligations of the Trustee acting on behalf of Bright &#x2013; I Fund, and that no creditor will have any recourse against any of the Trustee, (or any of its directors, officers or employees) for any claims, losses, damages, liabilities, indemnities or other obligations whatsoever in connection with actions taken by the Trustee, with any recourse to the Trustee limited to the assets of Bright &#x2013; I Fund</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Teachers Insurance and Annuity Association of America</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:8.49999999999997pt;"><font style="display: inline;color:#000000;">By:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;">Nuveen Alternatives Advisors LLC,</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">its investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Jeffrey Hughes&nbsp;&nbsp;&nbsp;kfa</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Jeffrey Hughes</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Jackson National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:</font><font style="display: inline;color:#000000;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;color:#000000;"></font><font style="display: inline;">PPM America, Inc., as attorney in fact, on behalf of Jackson National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>_________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Elena Unger</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Elena Unger</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">New York Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Corporate Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">New York Life Insurance and Annuity Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;">NYL Investors LLC, its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">New York Life Insurance and Annuity Corporation </font><font style="display: inline;text-transform:uppercase;">institutionally owned life insurance separate account (BOLI 30E)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;">NYL Investors LLC, its Investment Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Bank of New York Mellon, a banking corporation organized under the laws of New York, not in its individual capacity but solely as Trustee under that certain Trust Agreement dated as of July 1st, 2015 between New York Life Insurance Company, as Grantor, John Hancock Life Insurance Company (U.S.A.), as Beneficiary, John Hancock Life Insurance Company of New York, as Beneficiary, and The Bank of New York Mellon, as Trustee</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;">New York Life Insurance Company, its attorney-in-fact</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Andrew Leisman</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Corporate Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Nationwide Life Insurance </font><br /><font style="display: inline;text-transform:uppercase;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Nationwide Life and Annuity</font><br /><font style="display: inline;text-transform:uppercase;"></font><font style="display: inline;text-transform:uppercase;">Insurance</font><font style="display: inline;text-transform:uppercase;"> Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>_____________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Stephen M. Jordan</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Stephen M. Jordan</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Authorized Signatory</font>
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		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;text-transform:uppercase;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">State Farm Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>___________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Julie Hoyer</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Julie Hoyer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;&nbsp;Investment Executive</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>___________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Jeffrey Attwood</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Jeffrey Attwood</font>
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		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Investment Professional</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">State Farm Life and Accident Assurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>___________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Julie Hoyer</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Julie Hoyer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;&nbsp;Investment Executive</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>___________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font><font style="display: inline;text-decoration:underline;">/s/ Jeffrey Attwood</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Jeffrey Attwood</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Investment Professional</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Prudential Retirement Insurance and Annuity Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By: PGIM, Inc., as investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ ERS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Pensionskasse des Bundes Publica</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Pricoa Capital Group Limited,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;">as investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 7.2pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;">/s/ Edward Jolly</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Zurich American Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Prudential Private Placement Investors, L.P.,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(as Investment Advisor)</font>
		</p>
		<p style="margin:4pt 0pt 0pt 238.3pt;text-indent: -22.3pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Prudential Private Placement Investors, Inc.,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(as its General Partner))</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;"> /s/ ERS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Gibraltar Universal Life Reinsurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By: PGIM, Inc., as investment manager</font><br /><font style="display: inline;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;"> /s/ ERS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Prudential Term Reinsurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By: PGIM, Inc., as investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ ERS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Thrivent Financial for Lutherans</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Calibri;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Christopher Patton</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Christopher Patton</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Managing Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Hartford Insurance Company of Illinois</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Hartford Life and Accident Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Hartford Investment Management Company, their investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Dawn Bruneau</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Dawn Bruneau</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Talcott Resolution Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Hartford Investment Management Company, its investment manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Dawn Bruneau</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Dawn Bruneau</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Principal Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;</font><font style="display: inline;">Principal Global Investors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a Delaware limited liability company,</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;its authorized signatory</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Alex P. Montz </font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Alex P. Montz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Counsel</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Justin T. Lange</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Justin T. Lange</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Counsel</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Lincoln National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Macquarie Investment Management Advisers, </font><br /><font style="display: inline;">a series of Macquarie Investment Management Business Trust, Attorney in Fact</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fact</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Alexander Alston</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Alexander Alston</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Senior Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Athene Annuity and Life Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Athene Asset Management LLC, its investment adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;">Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;">Senior Vice President, Fixed Income</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Voya Insurance and Annuity Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;">Athene Asset Management LLC, its investment adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;">Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;">Senior Vice President, Fixed Income</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Lincoln National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;Athene Asset Management LLC, its investment adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;">Roger D. Fors</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;">Senior Vice President, Fixed Income</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#383838;">Unum </font><font style="display: inline;text-transform:uppercase;color:#242424;">Life Insurance </font><font style="display: inline;text-transform:uppercase;color:#383838;">Company of Ame</font><font style="display: inline;text-transform:uppercase;color:#131313;">ri</font><font style="display: inline;text-transform:uppercase;color:#383838;">ca</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#242424;">By: Provident </font><font style="display: inline;color:#131313;">In</font><font style="display: inline;color:#383838;">vest</font><font style="display: inline;color:#131313;">m</font><font style="display: inline;color:#383838;">ent </font><font style="display: inline;color:#131313;">M</font><font style="display: inline;color:#383838;">anage</font><font style="display: inline;color:#131313;">men</font><font style="display: inline;color:#383838;">t</font><font style="display: inline;color:#595959;">, &nbsp;</font><font style="display: inline;color:#242424;">LLC</font>
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		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -31.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -31.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

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		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
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		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -31.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Title:&nbsp;&nbsp;Vice President</font>
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		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
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			<font style="display: inline;text-transform:uppercase;">United Technologies Corporation Employee Savings Plan Master Trust</font>
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		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		</p>
		<p><font size="1"> </font></p><div style="width:100%">

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
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		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
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		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;">Jeffrey A. Fossell</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;">Authorized Signatory&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Eagle Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Jeffrey A. Fossell</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;">Jeffrey A. Fossell</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;">Authorized Signatory&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Allianz Life Insurance Company of North America</font>
		</p>
		<p style="margin:4pt 0pt 0pt 256.3pt;text-indent: -22.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#242424;">By: </font><font style="display: inline;">Allianz</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Global</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investors</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">U.S.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">authorized</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">signatory</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">investment</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Charles Dudley</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Name:&nbsp;&nbsp;Charles Dudley</font>
		</p>
		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -31.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Title:&nbsp;&nbsp;Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Allianz Global Risks US Insurance Company</font>
		</p>
		<p style="margin:4pt 0pt 0pt 256.3pt;text-indent: -22.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#242424;">By: </font><font style="display: inline;">Allianz</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Global</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investors</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">U.S.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">authorized</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">signatory</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">investment</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Charles Dudley</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Name:&nbsp;&nbsp;Charles Dudley</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Title:&nbsp;&nbsp;Managing Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By</font>_____________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;">&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Amy Judd</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Amy Judd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Investment Officer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font><font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Horizon Blue Cross and Blue Shield of New Jersey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Amy Judd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Amy Judd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">American United Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Steven T. Holland</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Name:&nbsp; </font><font style="display: inline;">Steven T. Holland</font>
		</p>
		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -31.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Title:&nbsp; </font><font style="display: inline;">Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The State Life Insurance Company</font>
		</p>
		<p style="margin:4pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">American United Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Its:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Agent</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Steven T. Holland</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Name:&nbsp; </font><font style="display: inline;">Steven T. Holland</font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Title:&nbsp; </font><font style="display: inline;">Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Integrity Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Daniel R. Larsen</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Daniel R. Larsen</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By</font><font style="display: inline;text-decoration:underline;">/s/ Kevin L. Howard</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Kevin L. Howard</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">National Integrity Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Daniel R. Larsen</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Daniel R. Larsen</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Kevin L. Howard</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Kevin L. Howard</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;text-transform:uppercase;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Auto-Owners Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;Fort Washington Investment Advisors,</font><br /><font style="display: inline;">as investment adviser</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Douglas E. Kelsey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Douglas E. Kelsey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;VP-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Roger Lanham</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Roger Lanham</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;SVP and Co-Chief Investment Officer </font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">United of Omaha Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Justin P. Kavan</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Justin P. Kavan</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Vice President</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By </font><font style="display: inline;text-decoration:underline;">/s/ Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Berkshire Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Director</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">The Guardian Insurance &amp; Annuity Company, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Senior Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Genworth Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Stuart Shepetin</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Stuart Shepetin</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Investment Officer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent: -13.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Genworth Mortgage Insurance Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By&nbsp;</font><font style="display: inline;text-decoration:underline;">/s/ Stuart Shepetin</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Stuart Shepetin</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Investment Officer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 225pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Life Insurance Company of the Southwest</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;text-decoration:underline;">/s/ Josh Kruk</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Josh Kruk</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Deputy CIO</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Sentinel Asset Management, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">CMFG Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 238.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;</font><font style="display: inline;">MEMBERS Capital Advisors, Inc. acting as Investment Advisor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ Jason Micks</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;Jason Micks</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Director II, Investments</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">RGA Reinsurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp; </font><font style="display: inline;color:#000000;text-decoration:underline;">/s/ Amy Gibson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:normal;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Amy Gibson</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;Vice President</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 247.5pt;text-indent:-247.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Ameritas Life Insurance Corp.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 243pt;text-indent: -9pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Ameritas Life Insurance Corp. of New York</font>
		</p>
		<p style="margin:4pt 0pt 0pt 243.35pt;text-indent: -9.35pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">By:&nbsp;Ameritas Investment Partners Inc., as Agent</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By </font><font style="display: inline;text-decoration:underline;">/s/ Tina Udell</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp; </font><font style="display: inline;color:#000000;">Tina Udell</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp; </font><font style="display: inline;color:#000000;">Vice President &amp; Managing Director</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Accepted as of the date first written above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 229.5pt;text-indent: -13.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Southern Farm Bureau Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By: </font><font style="display: inline;text-decoration:underline;">/s/ David Divine</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name:&nbsp;&nbsp;David Divine</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title:&nbsp;&nbsp;Senior Portfolio Manager</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Defined Terms</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">As used herein, the following terms have the respective meanings set forth below or set forth in the Section hereof following such term:</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Affiliate&#x201D;</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">means, at any time, and with respect to any Person, any other Person that at such time directly or indirectly through one or more intermediaries Controls, or is Controlled by, or is under common Control with, such first Person, and, with respect to the Company, shall include any Person beneficially owning or holding, directly or indirectly, 10% or more of any class of voting or equity interests of the Company or any Subsidiary or any Person of which the Parent and its Subsidiaries beneficially own or hold, in the aggregate, directly or indirectly, 10% or more of any class of voting or equity interests.&nbsp;&nbsp;Unless the context otherwise clearly requires, any reference to an &#x201C;Affiliate&#x201D; is a reference to an Affiliate of the Parent.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Agreement&#x201D; </font><font style="display: inline;">means this Note Purchase and Guarantee Agreement, including all Schedules and exhibits attached to this Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">Anti</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Corruption Laws</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> means any law or regulation in a U.S. or any non</font><font style="display: inline;">&#8209;U.S. jurisdiction regarding bribery or any other corrupt activity, including the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act 2010.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">Anti</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Money Laundering Laws</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> means any law or regulation in a U.S. or any non</font><font style="display: inline;">&#8209;U.S. jurisdiction regarding money laundering, drug trafficking, terrorist</font><font style="display: inline;">&#8209;related activities or other money laundering predicate crimes, including the Currency and Foreign Transactions Reporting Act of 1970 (otherwise known as the Bank Secrecy Act) and the USA PATRIOT Act.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Blocked Person</font><font style="display: inline;">&#x201D; means (a)&nbsp;a Person whose name appears on the list of Specially Designated Nationals and Blocked Persons published by OFAC, (b)&nbsp;a Person, entity, organization, country or regime that is blocked or a target of sanctions that have been imposed under U.S. Economic Sanctions Laws or (c)&nbsp;a Person that is an agent, department or instrumentality of, or is otherwise beneficially owned by, controlled by or acting on behalf of, directly or indirectly, any Person, entity, organization, country or regime described in clause&nbsp;(a) or (b).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Business Day&#x201D;</font><font style="display: inline;"> means (a)&nbsp;for the purposes of Section&nbsp;8.6 only, any day other than a Saturday, a Sunday or a day on which commercial banks in New York City are required or authorized to be closed, and (b)&nbsp;for the purposes of any other provision of this Agreement, any day other than a Saturday, a Sunday or a day on which commercial banks in New York, New York are required or authorized to be closed.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Capital Lease Obligations&#x201D;</font><font style="display: inline;"> of any Person means the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital lease obligations on a balance sheet of such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Change in Control</font><font style="display: inline;">&#x201D; is defined in Section&nbsp;8.8.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Closing&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;3.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Code&#x201D;</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">means the Internal Revenue Code of 1986 and the rules and regulations promulgated thereunder from time to time.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;"> is defined in the first paragraph of this Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Confidential Information&#x201D; </font><font style="display: inline;">is defined in Section&nbsp;20.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated EBITDA&#x201D;</font><font style="display: inline;"> means, with reference to any period, Consolidated Net Income </font><font style="display: inline;text-decoration:underline;">plus</font><font style="display: inline;">, without duplication and to the extent deducted from revenues in determining Consolidated Net Income, (i)&nbsp;Consolidated Interest Expense, (ii)&nbsp;expense for income taxes paid or accrued, (iii)&nbsp;depreciation, (iv)&nbsp;amortization, (v)&nbsp;extraordinary or non-recurring non-cash expenses or losses incurred other than in the ordinary course of business, (vi)&nbsp;non-cash expenses related to stock based compensation, all calculated for the Parent and its Subsidiaries in accordance with GAAP on a consolidated basis. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Interest Coverage Ratio&#x201D;</font><font style="display: inline;"> means, as of the end of any fiscal quarter, the ratio of (a)&nbsp;Consolidated EBITDA for the period of the four consecutive fiscal quarters then ending to (b)&nbsp;Consolidated Interest Expense paid or required to be paid during such period.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Interest Expense&#x201D;</font><font style="display: inline;"> means, with reference to any period, the interest expense (including without limitation interest expense under Capital Lease Obligations that is treated as interest in accordance with GAAP) of the Parent and its Subsidiaries calculated on a consolidated basis for such period with respect to all outstanding Indebtedness of the Parent and its Subsidiaries allocable to such period in accordance with GAAP (including, without limitation, all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers acceptance financing and net costs under interest rate Swap Agreements to the extent such net costs are allocable to such period in accordance with GAAP).&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Leverage Ratio</font><font style="display: inline;font-style:italic;">&#x201D;</font><font style="display: inline;"> means, as of the end of any fiscal quarter, the ratio of (a)&nbsp;Consolidated Total Indebtedness as of the end of such fiscal quarter, to (b)&nbsp;Consolidated Pro Forma EBITDA for the period of the four consecutive fiscal quarters then ending.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Net Income&#x201D;</font><font style="display: inline;"> means, with reference to any period, the net income (or loss) of the Parent and its Subsidiaries calculated in accordance with GAAP on a consolidated basis (without duplication) for such period; </font><font style="display: inline;text-decoration:underline;">provided</font><font style="display: inline;"> that there shall be excluded any income (or loss) of any Person other than the Parent or a Subsidiary, but any such income so excluded may be included in such period or any later period to the extent of any cash dividends or distributions actually paid in the relevant period to the Parent or any wholly-owned Subsidiary of the Parent.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Net Worth&#x201D;</font><font style="display: inline;"> means, as of the date of any determination thereof, the consolidated stockholders&#x2019; equity of the Parent and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Pro Forma EBITDA&#x201D;</font><font style="display: inline;"> means, with reference to any period, Consolidated Net Income </font><font style="display: inline;text-decoration:underline;">plus</font><font style="display: inline;">, without duplication and to the extent deducted from revenues in determining Consolidated Net Income, (i)&nbsp;Consolidated Interest Expense, (ii)&nbsp;expense for income taxes paid or accrued, (iii)&nbsp;depreciation, (iv)&nbsp;amortization, (v)&nbsp;extraordinary or non-recurring non-cash expenses or losses incurred other than in the ordinary course of business, (vi)&nbsp;non-cash expenses related to stock based compensation, all calculated for the Parent and its Subsidiaries in accordance with GAAP on a consolidated basis.&nbsp;&nbsp;For the purposes of calculating Consolidated Pro Forma</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">EBITDA for any Reference Period, (i)&nbsp;if at any time during such Reference Period the Parent or any Subsidiary shall have made any Material Disposition, the Consolidated Pro Forma</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">EBITDA for such Reference Period shall be reduced by an amount equal to the Consolidated Pro Forma</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">EBITDA (if positive) attributable to the property that is the subject of such Material Disposition for such Reference Period or increased by an amount equal to the Consolidated Pro Forma</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">EBITDA (if negative) attributable thereto for such Reference Period, and (ii)&nbsp;if during such Reference Period the Parent or any Subsidiary shall have made a Material Acquisition, Consolidated Pro Forma</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">EBITDA for such Reference Period shall be calculated after giving effect thereto on a pro forma basis as if such Material Acquisition occurred on the first day of such Reference Period.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Total Assets&#x201D;</font><font style="display: inline;"> means, as of the date of any determination thereof, total assets of the Parent and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Consolidated Total Indebtedness&#x201D;</font><font style="display: inline;"> means at any time the sum, without duplication, of (a)&nbsp;the aggregate Indebtedness of the Parent and its Subsidiaries calculated on a consolidated basis as of such time in accordance with GAAP, (b)&nbsp;the aggregate amount of Indebtedness of the Parent and its Subsidiaries relating to the maximum drawing amount of all bankers acceptances and (c)&nbsp;Indebtedness of the type referred to in clauses&nbsp;(a) or (b)&nbsp;hereof of another Person guaranteed by the Parent or any of its Subsidiaries.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Control</font><font style="display: inline;">&#x201D; means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise; and the terms &#x201C;</font><font style="display: inline;font-weight:bold;">Controlled</font><font style="display: inline;">&#x201D; and &#x201C;</font><font style="display: inline;font-weight:bold;">Controlling</font><font style="display: inline;">&#x201D; shall have meanings correlative to the foregoing.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">Controlled Entity</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> means (a)&nbsp;any of the Subsidiaries of the Parent and any of their or the Parent&#x2019;s respective Controlled Affiliates and (b)&nbsp;if the Parent has a parent company, such parent company and its Controlled Affiliates.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Default&#x201D;</font><font style="display: inline;"> means an event or condition the occurrence or existence of which would, with the lapse of time or the giving of notice or both, become an Event of Default.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Default Rate&#x201D;</font><font style="display: inline;"> means, for any series of Note, that rate of interest per annum that is&nbsp;2.00% above the rate of interest stated in clause&nbsp;(a)&nbsp;of the first paragraph of the Notes of such series. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Disclosure Documents&#x201D; </font><font style="display: inline;">is defined in Section&nbsp;5.3.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;color:#000000;">&#x201C;EDGAR&#x201D;</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> means the SEC&#x2019;s Electronic Data Gathering, Analysis and Retrieval System or any successor SEC electronic filing system for such purposes.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Environmental Laws&#x201D;</font><font style="display: inline;"> means any and all federal, state, local, and foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment or the release of any materials into the environment, including those related to Hazardous Materials.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;ERISA&#x201D;</font><font style="display: inline;"> means the Employee Retirement Income Security Act of 1974 and the rules and regulations promulgated thereunder from time to time in effect. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;ERISA Affiliate&#x201D;</font><font style="display: inline;"> means any trade or business (whether or not incorporated) that is treated as a single employer together with the Parent under section&nbsp;414 of the Code.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Equity Interests&#x201D;</font><font style="display: inline;"> means shares of capital stock, partnership interests, membership interests in a limited liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any of the foregoing.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Event of Default&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;11.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;color:#000000;">&#x201C;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;color:#000000;">FATCA</font><font style="display: inline;font-family:Times New Roman;color:#000000;">&#x201D; means (a)&nbsp;sections 1471 through 1474 of the Code, as of the date of this Agreement</font><font style="display: inline;font-family:Times New Roman;color:#000000;"> (or any amended or successor version that is substantively comparable and not materially more onerous to comply with)</font><font style="display: inline;font-family:Times New Roman;color:#000000;">, together with any current or future regulations or official interpretations thereof, (b)&nbsp;any treaty, law or regulation of any other jurisdiction, or relating to an intergovernmental agreement between the </font><font style="display: inline;">United States of America </font><font style="display: inline;font-family:Times New Roman;color:#000000;">and any other jurisdiction, which (in either case) facilitates the implementation of the foregoing clause&nbsp;(a), and (c)&nbsp;any agreements entered into pursuant to section&nbsp;1471(b)(1) of the Code.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Form 10</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">K&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;7.1(b).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Form 10</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Q&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;7.1(a).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;GAAP&#x201D;</font><font style="display: inline;"> means (a)&nbsp;generally accepted accounting principles as in effect from time to time in the United States of America and (b)&nbsp;for purposes of Section&nbsp;9.6, with respect to any Subsidiary, generally accepted accounting principles (including International Financial Reporting Standards, as applicable) as in effect from time to time in the jurisdiction of organization of such Subsidiary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Governmental Authority&#x201D; </font><font style="display: inline;">means</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;the government of</font>
		</p>
		<p style="margin:14pt 0pt 0pt 72pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;the United States of America or any state or other political subdivision thereof, or</font>
		</p>
		<p style="margin:14pt 0pt 0pt 72pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;any other jurisdiction in which the Parent or any Subsidiary conducts all or any part of its business, or which asserts jurisdiction over any properties of the Parent or any Subsidiary, or</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;any entity exercising executive, legislative, judicial, regulatory or administrative functions of, or pertaining to, any such government.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Governmental Official&#x201D; </font><font style="display: inline;">means any governmental official or employee, employee of any government</font><font style="display: inline;">&#8209;owned or government</font><font style="display: inline;">&#8209;controlled entity, political party, any official of a political party, candidate for political office, official of any public international organization or anyone else acting in an official capacity.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Guaranteed Obligations&#x201D; </font><font style="display: inline;">is defined in Section 22.1.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Guarantee</font><font style="display: inline;">&#x201D; of or by any Person (the &#x201C;</font><font style="display: inline;text-decoration:underline;">guarantor</font><font style="display: inline;">&#x201D;) means any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation of any other Person (the &#x201C;</font><font style="display: inline;text-decoration:underline;">primary obligor</font><font style="display: inline;">&#x201D;) in any manner, whether directly or indirectly, and including any obligation of the guarantor, direct or indirect, (a)&nbsp;to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the payment thereof, (b)&nbsp;to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c)&nbsp;to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation or (d)&nbsp;as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness or obligation; </font><font style="display: inline;text-decoration:underline;">provided</font><font style="display: inline;">, that the term &#x201C;Guarantee&#x201D; shall not include endorsements for collection or deposit in the ordinary course of business.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Guarantors&#x201D;</font><font style="display: inline;"> means, collectively, the Parent and the Subsidiary Guarantors, and </font><font style="display: inline;font-weight:bold;">&#x201C;Guarantor&#x201D;</font><font style="display: inline;"> means any one of them.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Hazardous Materials&#x201D;</font><font style="display: inline;"> means any and all pollutants, toxic or hazardous wastes or other substances, the removal of which may be required or the generation, manufacture, refining, production, processing, treatment, storage, handling, transportation, transfer, use, disposal, release, discharge, spillage, seepage or filtration of which is or shall be restricted, prohibited or penalized by any Environmental Law, including asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, petroleum, petroleum products, lead based paint, radon gas or similar restricted, prohibited or penalized substances.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;holder&#x201D;</font><font style="display: inline;"> means, with respect to any Note, the Person in whose name such Note is registered in the register maintained by the Company pursuant to Section&nbsp;13.1, </font><font style="display: inline;font-style:italic;">provided, however,</font><font style="display: inline;"> that if such Person is a nominee, then for the purposes of Sections 7, 12, 17.2 and 18 and any related definitions in this Schedule&nbsp;A, &#x201C;holder&#x201D; shall mean the beneficial owner of such Note whose name and address appears in such register.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Incremental Leverage Fee&#x201D; </font><font style="display: inline;">is defined in Section 1.4(a).</font><font style="display: inline;font-weight:bold;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Incremental Leverage Fee Payment&#x201D;</font><font style="display: inline;"> is defined in Section 1.4(b).&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Indebtedness&#x201D;</font><font style="display: inline;"> of any Person means, without duplication, (a)&nbsp;all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b)&nbsp;all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c)&nbsp;all obligations of such Person upon which interest charges are customarily paid, (d)&nbsp;all obligations of such Person under conditional sale or other title retention agreements relating to property acquired by such Person, (e)&nbsp;all obligations of such Person in respect of the deferred purchase price of property or services (excluding current accounts payable incurred in the ordinary course of business), (f)&nbsp;all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (g)&nbsp;all Guarantees by such Person of Indebtedness of others, (h)&nbsp;all Capital Lease Obligations of such Person, (i)&nbsp;all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty which are drawn and unreimbursed, (j)&nbsp;all obligations, contingent or otherwise, of such Person in respect of bankers&#x2019; acceptances and (k)&nbsp;all obligations of such Person under Sale and Leaseback Transactions.&nbsp;&nbsp;The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person&#x2019;s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;INHAM Exemption&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;6.2(e).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Institutional Investor&#x201D;</font><font style="display: inline;"> means (a)&nbsp;any Purchaser of a Note, (b)&nbsp;any holder of a Note holding (together with one or more of its affiliates) more than 10% of the aggregate principal amount of the Notes then outstanding, (c)&nbsp;any bank, trust company, savings and loan association or other financial institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d)&nbsp;any Related Fund of any holder of any Note.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Interest Payment Dates&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;1(b).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Lien&#x201D;</font><font style="display: inline;"> means, with respect to any asset, (a)&nbsp;any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, (b)&nbsp;the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c)&nbsp;in the case of securities, any purchase option, call or similar right of a third party with respect to such securities.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Make</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Whole Amount&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;8.6.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material&#x201D;</font><font style="display: inline;"> means material in relation to the business, operations, affairs, financial condition, assets or properties of the Parent and its Subsidiaries taken as a whole.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material Acquisition&#x201D;</font><font style="display: inline;"> means any acquisition of property or series of related acquisitions of property that (a)&nbsp;constitutes (i)&nbsp;assets comprising all or substantially all or any significant portion of a business or operating unit of a business, or (ii)&nbsp;all or substantially all of the common stock or other Equity Interests of a Person, and (b)&nbsp;involves the payment of consideration by the Parent and its Subsidiaries in excess of $100,000,000.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material Adverse Effect&#x201D;</font><font style="display: inline;"> means a material adverse effect on (a)&nbsp;the business, operations, affairs, financial condition, assets or properties of the Parent and its Subsidiaries taken as a whole, (b)&nbsp;the ability of the Parent or the Company to perform its obligations under this Agreement and the Notes, (c)&nbsp;the ability of any Subsidiary Guarantor to perform its obligations under its Subsidiary Guaranty, or (d)&nbsp;the validity or enforceability of this Agreement, the Notes or any Subsidiary Guaranty.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material Credit Facility&#x201D;</font><font style="display: inline;"> means, as to the Parent, the Company and the Subsidiaries of the Parent,</font><font style="font-family:Times;font-size:10pt;display: inline;">&nbsp;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;the (i) the 2017 Credit Agreement dated as of August 17, 2017 among the Company, the Parent, JPMorgan Chase Bank, N.A. as administrative agent and the other lenders party thereto; (ii) the Credit Agreement dated as of March 17, 2016 among the Paychex Advance LLC, the Parent, PNC Bank, National Association, as administrative agent and the other lenders party thereto; and (iii) the Credit Agreement dated as of August 5, 2015 among the Company, the Parent, JPMorgan Chase Bank, N.A. as administrative agent and the other lenders party thereto; in each case including any renewals, extensions, amendments, supplements, restatements, replacements or refinancing thereof; and</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;any other agreement(s) creating or evidencing indebtedness for borrowed money entered into on or after the date of Closing by the Parent, the Company or any Subsidiary, or in respect of which the Parent, the Company or any Subsidiary is an obligor or otherwise provides a guarantee or other credit support (</font><font style="display: inline;font-weight:bold;">&#x201C;Credit Facility&#x201D;</font><font style="display: inline;">), in a principal amount outstanding or available for borrowing equal to or greater than $75,000,000 (or the equivalent of such amount in the relevant currency of payment, determined as of the date of the closing of such facility based on the exchange rate of such other currency)</font><font style="display: inline;font-style:italic;">. &nbsp;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material Disposition&#x201D;</font><font style="display: inline;"> means any sale, transfer or disposition of property or series of related sales, transfers, or dispositions of property that yields gross proceeds to the Parent or any of its Subsidiaries in excess of $100,000,000.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Material Subsidiary&#x201D;</font><font style="display: inline;"> means a Subsidiary of the Parent (i) which, as of the most recent fiscal quarter of the Parent, for the period of four consecutive fiscal quarters then ended, for which financial statements have been delivered pursuant to Section 7.1(a) or (b) (or, if prior to the date of the delivery of the first financial statements to be delivered pursuant to Section 7.1(a) or (b), the most recent financial statements referred to in Section 5.5), contributed greater than five percent (5%) of Consolidated EBITDA for such period or (ii) which contributed greater than five percent (5%) of Consolidated Total Assets as of such date; provided that at all times the Company shall be deemed a Material Subsidiary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Maximum Liability&#x201D; </font><font style="display: inline;">is defined in Section 22.9.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Maturity Date&#x201D;</font><font style="display: inline;"> is defined in the first paragraph of each Note.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Memorandum&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;5.3.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Multiemployer Plan&#x201D;</font><font style="display: inline;"> means any Plan that is a &#x201C;multiemployer plan&#x201D; (as such term is defined in section&nbsp;4001(a)(3) of ERISA).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;NAIC&#x201D;</font><font style="display: inline;"> means the National Association of Insurance Commissioners.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Non</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">U.S. Plan</font><font style="display: inline;">&#x201D; means any plan, fund or other similar program that (a)&nbsp;is established or maintained outside the United States of America by the Parent or any Subsidiary primarily for the benefit of employees of the Parent or one or more Subsidiaries residing outside the United States of America, which plan, fund or other similar program provides, or results in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and (b)&nbsp;is not subject to ERISA or the Code.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Note Documents&#x201D;</font><font style="display: inline;"> means this Agreement, the Subsidiary Guaranty and the Notes.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Note Parties&#x201D;</font><font style="display: inline;"> means, collectively, the Parent, the Company and each Subsidiary Guarantor.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;1.1.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Obligated Party&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;22.2.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Obligors</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> is defined in the introductory paragraph to this Agreement.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;OFAC</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> means the Office of Foreign Assets Control of the United States Department of the Treasury.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">OFAC Sanctions Program</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;"> means any economic or trade sanction that OFAC is responsible for administering and enforcing.&nbsp;&nbsp;A list of OFAC Sanctions Programs may be found at http://www.treasury.gov/resource-center/sanctions/Programs/Pages/Programs.aspx.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Officer&#x2019;s Certificate&#x201D;</font><font style="display: inline;"> means a certificate of a Senior Financial Officer or of any other officer of the Parent or the Company, as appropriate, whose responsibilities extend to the subject matter of such certificate.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Parent&#x201D;</font><font style="display: inline;"> is defined in the first paragraph of this Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Parent Guaranty&#x201D;</font><font style="display: inline;"> is defined in Section 1.2.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;PBGC&#x201D;</font><font style="display: inline;"> means the Pension Benefit Guaranty Corporation referred to and defined in ERISA.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Permitted Encumbrances&#x201D;</font><font style="display: inline;"> means:</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;Liens imposed by law for Taxes that are not yet due or are being contested in compliance with Section&nbsp;9.4;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;carriers&#x2019;, warehousemen&#x2019;s, mechanics&#x2019;, materialmen&#x2019;s, repairmen&#x2019;s and other like Liens imposed by law, arising in the ordinary course of business and securing obligations (i) that are not overdue by more than thirty (30) days or (i) for which (x) the validity or amount thereof is being contested in good faith by appropriate proceedings, (y) adequate reserves with respect thereto have been set aside on the books of the Parent or its Subsidiary, as applicable, in accordance with GAAP and (z) the failure to make payment pending such contest could not reasonably be expected to result in a Material Adverse Effect;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;pledges and deposits made in the ordinary course of business in compliance with workers&#x2019; compensation, unemployment insurance and other social security laws or regulations;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;deposits to secure the performance of bids, trade contracts, leases, statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature, in each case in the ordinary course of business;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;&nbsp;judgment Liens in respect of judgments that do not constitute an Event of Default under Section 11(j); and</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;&nbsp;&nbsp;&nbsp;easements, zoning restrictions, rights</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;way and similar encumbrances on real property imposed by law or arising in the ordinary course of business that do not secure any monetary obligations and do not materially detract from the value of the affected property or interfere with the ordinary conduct of business of the Parent or any Subsidiary;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that the term &#x201C;Permitted Encumbrances&#x201D; shall not include any Lien securing Indebtedness.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Person&#x201D;</font><font style="display: inline;"> means an individual, partnership, corporation, limited liability company, association, trust, unincorporated organization, business entity or Governmental Authority.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Plan&#x201D;</font><font style="display: inline;"> means an &#x201C;employee benefit plan&#x201D; (as defined in section&nbsp;3(3) of ERISA) subject to Title&nbsp;I of ERISA that is, or within the preceding five years has been, established or maintained, or to which contributions are required to be made, or within the preceding five years have been made or required to be made, by the Parent or any ERISA Affiliate.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Priority Indebtedness&#x201D;</font><font style="display: inline;"> means (without duplication), as of the date of any determination thereof, the sum of (i)&nbsp;all unsecured Indebtedness of Subsidiaries, other than the Company (including all Guarantees of Indebtedness of the Parent, the Company or any Subsidiary but excluding (x) unsecured Indebtedness owing to the Parent, the Company or any other Subsidiary, (y)&nbsp;unsecured Indebtedness outstanding at the time such Person became a Subsidiary, </font><font style="display: inline;font-style:italic;">provided</font><font style="display: inline;"> that such Indebtedness shall have not been incurred in contemplation of such person becoming a Subsidiary, and (z)&nbsp;unsecured Indebtedness of Subsidiary Guarantors), and (ii)&nbsp;all Indebtedness of the Parent, the Company and its Subsidiaries secured by Liens other than Indebtedness secured by Liens permitted by subparagraphs&nbsp;(a) through (e), inclusive, of Section&nbsp;10.5.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;property&#x201D;</font><font style="display: inline;"> or </font><font style="display: inline;font-weight:bold;">&#x201C;properties&#x201D;</font><font style="display: inline;"> means, unless otherwise specifically limited, real or personal property of any kind, tangible or intangible, choate or inchoate.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;PTE&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;6.2(a).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Purchaser&#x201D;</font><font style="display: inline;"> or </font><font style="display: inline;font-weight:bold;">&#x201C;Purchasers&#x201D;</font><font style="display: inline;"> means each of the purchasers that has executed and delivered this Agreement to the Company and the Parent and such Purchaser&#x2019;s successors and assigns (so long as any such assignment complies with Section&nbsp;13.2), </font><font style="display: inline;font-style:italic;">provided, however,</font><font style="display: inline;"> that any</font><font style="display: inline;"> Purchaser of a Note that ceases to be the registered holder or a beneficial owner (through a nominee) of such Note as the result of a transfer thereof pursuant to Section&nbsp;13.2 shall cease to be included within the meaning of &#x201C;Purchaser&#x201D; of such Note for the purposes of this Agreement upon such transfer</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Purchaser Schedule</font><font style="display: inline;">&#x201D; means the Purchaser Schedule to this Agreement listing the Purchasers of the Notes and including their notice and payment information.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Qualified Institutional Buyer&#x201D;</font><font style="display: inline;"> means any Person who is a &#x201C;qualified institutional buyer&#x201D; within the meaning of such term as set forth in Rule 144A(a)(1) under the Securities Act.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;QPAM Exemption&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;6.2(d).</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Ratable Portion&#x201D;</font><font style="display: inline;"> means, with respect to any Note, an amount equal to the product of (x)&nbsp;the amount equal to the net proceeds being so applied to the prepayment of Senior Indebtedness in accordance with Section&nbsp;10.6(2), multiplied by (y) a fraction the numerator of which is the outstanding principal amount of such Note and the denominator of which is the aggregate principal amount of Senior Indebtedness of the Parent and its Subsidiaries being prepaid pursuant to Section&nbsp;10.6(2).</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Reference Period</font><font style="display: inline;">&#x201D; shall mean any period of four consecutive fiscal quarters.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Related Fund&#x201D;</font><font style="display: inline;"> means, with respect to any holder of any Note, any fund or entity that (a)&nbsp;invests in Securities or bank loans, and (b)&nbsp;is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Required Holders&#x201D;</font><font style="display: inline;"> means at any time (a)&nbsp;prior to the Closing, the Purchasers and (b)&nbsp;on or after the date of the Closing, the holders of at least 51% in principal amount of the Notes at the time outstanding, in each case, without regard to Series&nbsp;(exclusive of Notes then owned by the Parent, Company or any Affiliate of the Parent).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Responsible Officer&#x201D;</font><font style="display: inline;"> means any Senior Financial Officer and any other officer of the Company or the Parent, as appropriate, with responsibility for the administration of the relevant portion of this Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Sale and Leaseback Transaction&#x201D;</font><font style="display: inline;"> means any sale or other transfer of any property or asset by any Person with the intent to lease such property or asset as lessee.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;SEC&#x201D;</font><font style="display: inline;"> means the Securities and Exchange Commission of the United States of America.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Securities&#x201D;</font><font style="display: inline;"> or </font><font style="display: inline;font-weight:bold;">&#x201C;Security&#x201D;</font><font style="display: inline;"> shall have the meaning specified in section&nbsp;2(1) of the Securities Act. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Securities Act&#x201D;</font><font style="display: inline;"> means the Securities Act of 1933 and the rules and regulations promulgated thereunder from time to time in effect.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Senior Financial Officer&#x201D;</font><font style="display: inline;"> means the chief financial officer, principal accounting officer, treasurer or comptroller of the Company or the Parent, as appropriate.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Senior Indebtedness</font><font style="display: inline;">&#x201D; means any Indebtedness of the Parent or any Subsidiary which (a) is owing to any Person (other than the Company, a Subsidiary or Affiliate) and (b) is not Subordinated Indebtedness.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;line-height:100%;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Series&nbsp;A Notes</font><font style="display: inline;">&#x201D; is defined in Section 1.1(a).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;"> &#x201C;Series&nbsp;B Notes&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;1.1(a).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Source&#x201D;</font><font style="display: inline;"> is defined in Section&nbsp;6.2.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> &nbsp;&#x201C;</font><font style="display: inline;font-weight:bold;">State Sanctions List</font><font style="display: inline;">&#x201D; means a list that is adopted by any state Governmental Authority within the United States of America pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of </font><font style="display: inline;">economic sanctions imposed under </font><font style="display: inline;">U.S. Economic Sanctions Laws.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">Subordinated Indebtedness</font><font style="display: inline;">&#x201D; means any Indebtedness of the Parent or any Subsidiary the payment of which is subordinated to payment of the obligations under the Note Documents.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Subsidiary&#x201D;</font><font style="display: inline;"> means, as to any Person, any other Person in which such first Person or one or more of its Subsidiaries or such first Person and one or more of its Subsidiaries owns sufficient equity or voting interests to enable it or them (as a group) ordinarily, in the absence of contingencies, to elect a majority of the directors (or Persons performing similar functions) of such second Person, and any partnership or joint venture if more than a 50% interest in the profits or capital thereof is owned by such first Person or one or more of its Subsidiaries or such first Person and one or more of its Subsidiaries (unless such partnership or joint venture can and does ordinarily take major business actions without the prior approval of such Person or one or more of its Subsidiaries).&nbsp;&nbsp;Unless the context otherwise clearly requires, any reference to a &#x201C;Subsidiary&#x201D; is a reference to a Subsidiary of the Parent (including the Company).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guarantor&#x201D;</font><font style="display: inline;"> means each Subsidiary that has executed and delivered a Subsidiary Guaranty.&nbsp;&nbsp;The Subsidiary Guarantors on the date of this Agreement are identified as such in Schedule 5.4 hereto.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guaranty&#x201D;</font><font style="display: inline;"> is defined in Section 1.3. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Substitute Purchaser&#x201D; </font><font style="display: inline;">is defined in Section&nbsp;21.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;SVO&#x201D;</font><font style="display: inline;"> means the Securities Valuation Office of the NAIC.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Swap Obligation&#x201D;</font><font style="display: inline;"> means, with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes a &#x201C;swap&#x201D; within the meaning of section 1a(47) of the Commodity Exchange Act.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Synthetic Lease&#x201D;</font><font style="display: inline;"> means, at any time, any lease (including leases that may be terminated by the lessee at any time) of any property (a)&nbsp;that is accounted for as an operating lease under GAAP and (b)&nbsp;in respect of which the lessee retains or obtains ownership of the property so leased for U.S. federal income tax purposes, other than any such lease under which such Person is the lessor.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Taxes&#x201D;</font><font style="display: inline;"> means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">United States Person</font><font style="display: inline;">&#x201D; has the meaning set forth in Section&nbsp;7701(a)(30) of the Code.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">USA PATRIOT Act</font><font style="display: inline;">&#x201D; means United States Public Law 107</font><font style="display: inline;">&#8209;56, Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001 and the rules and regulations promulgated thereunder from time to time in effect.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#x201C;</font><font style="display: inline;font-weight:bold;">U.S. Economic Sanctions Laws</font><font style="display: inline;">&#x201D; means those laws, executive orders, enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#x201C;Wholly</font><font style="display: inline;">&#8209;</font><font style="display: inline;font-weight:bold;">Owned Subsidiary&#x201D;</font><font style="display: inline;"> means, at any time, any Subsidiary all of the equity interests (except directors&#x2019; qualifying shares) and voting interests of which are owned by any one or more of the Parent and the Parent&#x2019;s other Wholly</font><font style="display: inline;">&#8209;Owned Subsidiaries at such time.</font>
		</p>
		<p style="margin:0pt;font-family:Courier;line-height:14pt;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">[Form of Series&nbsp;A Note]</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">4.07% Senior Notes, Series&nbsp;A, Due March 13, 2026</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;font-family:Calibri;font-size:11pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">No. A-[_____]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">[Date]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$[_______]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">PPN 70432* AA9</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">For Value Received</font><font style="display: inline;">, the undersigned, </font><font style="display: inline;font-weight:bold;">Paychex of New York LLC</font><font style="display: inline;"> (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), a limited liability company organized and existing under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] </font><font style="display: inline;text-transform:uppercase;">Dollars</font><font style="display: inline;"> (or so much thereof as shall not have been prepaid) on March 13, 2026 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Maturity Date&#x201D;</font><font style="display: inline;">), with interest (computed on the basis of a 360</font><font style="display: inline;">&#8209;day year of twelve 30</font><font style="display: inline;">&#8209;day months) (a)&nbsp;on the unpaid balance hereof at the rate of 4.07% per annum from the date hereof, payable semiannually, on the 13th day of March and September in each year, commencing with the March 13 or September 13 next succeeding the date hereof, and on the Maturity Date, until the principal hereof shall have become due and payable, and (b)&nbsp;to the extent permitted by law, (x)&nbsp;on any overdue payment of interest and (y)&nbsp;during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make</font><font style="display: inline;">&#8209;Whole Amount, at a rate per annum from time to time equal to 6.07% payable semiannually as aforesaid (or, at the option of the registered holder hereof, on demand).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payments of principal of, interest on and any Make</font><font style="display: inline;">&#8209;Whole Amount with respect to this Note are to be made in lawful money of the United States of America at Bank of America, N.A. or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Note Purchase and Guarantee Agreement referred to below.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is one of a series of Senior Notes (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">) issued pursuant to the Note Purchase and Guarantee Agreement, dated as of January 9, 2019 (as from time to time amended, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Purchase and Guarantee Agreement&#x201D;</font><font style="display: inline;">), among the Company, Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D;), and the respective Purchasers named therein and is entitled to the benefits thereof.&nbsp;&nbsp;Each holder of this Note will be deemed, by its acceptance hereof, to have (i)&nbsp;agreed to the confidentiality provisions set forth in Section&nbsp;20 of the Note Purchase and Guarantee Agreement and (ii)&nbsp;made the representation set forth in Section&nbsp;6.2 of the Note Purchase and Guarantee Agreement.&nbsp;&nbsp;Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is a registered Note and, as provided in the Note Purchase and Guarantee Agreement, upon surrender of this Note for registration of transfer accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder&#x2019;s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee.&nbsp;&nbsp;Prior to due presentment for registration of transfer, the Company may treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will not be affected by any notice to the contrary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is subject to optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the Note Purchase and Guarantee Agreement, but not otherwise.&nbsp;&nbsp;This Note is subject to an additional payment of an Incremental Leverage Fee in certain circumstances as set forth in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make</font><font style="display: inline;">&#8209;Whole Amount) and with the effect provided in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.</font>
		</p>
		<p style="margin:0pt;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By </font>_________________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">[Title]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">[Form of Series&nbsp;B Note]</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">4.25% Senior Notes, Series&nbsp;B, Due March 13, 2029</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;font-family:Calibri;font-size:11pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">No. B-[_____]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">[Date]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">$[_______]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:50.00%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">PPN 70432* AB7</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">For Value Received</font><font style="display: inline;">, the undersigned, </font><font style="display: inline;font-weight:bold;">Paychex of New York LLC</font><font style="display: inline;"> (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), a corporation organized and existing under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] </font><font style="display: inline;text-transform:uppercase;">Dollars</font><font style="display: inline;"> (or so much thereof as shall not have been prepaid) on March 13, 2029 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Maturity Date&#x201D;</font><font style="display: inline;">), with interest (computed on the basis of a 360</font><font style="display: inline;">&#8209;day year of twelve 30</font><font style="display: inline;">&#8209;day months) (a)&nbsp;on the unpaid balance hereof at the rate of 4.25% per annum from the date hereof, payable semiannually, on the 13th day of March and September in each year, commencing with the March 13 or September 13 next succeeding the date hereof, and on the Maturity Date, until the principal hereof shall have become due and payable, and (b)&nbsp;to the extent permitted by law, (x)&nbsp;on any overdue payment of interest and (y)&nbsp;during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make</font><font style="display: inline;">&#8209;Whole Amount, at a rate per annum from time to time equal to 6.25%, payable semiannually as aforesaid (or, at the option of the registered holder hereof, on demand).</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payments of principal of, interest on and any Make</font><font style="display: inline;">&#8209;Whole Amount with respect to this Note are to be made in lawful money of the United States of America at Bank of America, N.A. or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Note Purchase and Guarantee Agreement referred to below.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is one of a series of Senior Notes (herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">) issued pursuant to the Note Purchase and Guarantee Agreement, dated as of January 9, 2019 (as from time to time amended, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Purchase and Guarantee Agreement&#x201D;</font><font style="display: inline;">), among the Company, Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D;), and the respective Purchasers named therein and is entitled to the benefits thereof.&nbsp;&nbsp;Each holder of this Note will be deemed, by its acceptance hereof, to have (i)&nbsp;agreed to the confidentiality provisions set forth in Section&nbsp;20 of the Note Purchase and Guarantee Agreement and (ii)&nbsp;made the representation set forth in Section&nbsp;6.2 of the Note Purchase and Guarantee Agreement.&nbsp;&nbsp;Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is a registered Note and, as provided in the Note Purchase and Guarantee Agreement, upon surrender of this Note for registration of transfer accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder&#x2019;s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the transferee.&nbsp;&nbsp;Prior to due presentment for registration of transfer, the Company may treat the Person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will not be affected by any notice to the contrary.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note is subject to optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the Note Purchase and Guarantee Agreement, but not otherwise.&nbsp;&nbsp;This Note is subject to an additional payment of an Incremental Leverage Fee in certain circumstances as set forth in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make</font><font style="display: inline;">&#8209;Whole Amount) and with the effect provided in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.</font>
		</p>
		<p style="margin:0pt;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">Paychex of New York LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By </font>_________________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 256.5pt;text-indent: -22.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-weight:bold;">[Title]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Form of Opinion of In-House Counsel</font><br /><font style="display: inline;text-transform:uppercase;">For the Note Parties</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The following opinions are to be provided by an in-house counsel for the Note Parties, subject to customary assumptions, limitations and qualifications.&nbsp;&nbsp;All capitalized terms used herein without definition shall have the meanings ascribed thereto in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">1.&nbsp;&nbsp;&nbsp;&nbsp;The execution, delivery and performance by the Obligors and Subsidiary Guarantors of the Note Documents to which they are a party does not and will not (a)&nbsp;contravene, result in any breach of, or constitute a default under, or result in the creation of any Lien in respect of any property of the Parent or any Subsidiary under, any indenture, mortgage, deed of trust, loan, purchase or credit agreement, lease, corporate charter, regulations, by</font><font style="display: inline;color:#000000;">&#8209;laws or other constituent document or any other agreement or instrument to which the Parent or any Subsidiary is bound or by which the Parent or any Subsidiary or any of their respective properties may be bound or affected, or (b)&nbsp;conflict with or result in a breach of any of the terms, conditions or provisions of any order, judgment, decree or ruling of any court, arbitrator or Governmental Authority applicable to the Parent or any Subsidiary.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">2.&nbsp;&nbsp;&nbsp;&nbsp;No actions, suits or proceedings are pending, or to my knowledge threatened, against or affecting the Parent or any Subsidiary or any property of the Parent or any Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority, except actions, suits or proceedings which (a) individually do not in any manner draw into question the validity of the Note Documents and (b) in the aggregate, if adversely determined, would not be reasonably expected to have a Material Adverse Effect.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Form of Opinion of Special Counsel</font><br /><font style="display: inline;text-transform:uppercase;color:#000000;">For The Note Parties</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">The following opinions are to be provided by special counsel for the Note Parties, subject to customary assumptions, limitations and qualifications.&nbsp;&nbsp;All capitalized terms used herein without definition shall have the meanings ascribed thereto in the Note Purchase and Guarantee Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">1.&nbsp;&nbsp;&nbsp;&nbsp;The DE/NY Parties are duly organized and validly existing and in good standing under the laws of Delaware or New York, as applicable, and have the corporate or limited liability power and authority to conduct its business as currently conducted, to execute and deliver each Note Document to which they are a party and to perform the provisions thereof.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">2.&nbsp;&nbsp;&nbsp;&nbsp;The NPGA has been duly authorized, executed and delivered by each Obligor and constitutes a valid and legally binding agreement of each Obligor, enforceable against such Obligor in accordance with its terms.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">3.&nbsp;&nbsp;&nbsp;&nbsp;The Subsidiary Guaranty has been duly authorized, executed and delivered by the Subsidiary Guarantors and constitutes a valid and legally binding agreement of each such Subsidiary Guarantor, enforceable against each Subsidiary Guarantor in accordance with its terms.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">4.&nbsp;&nbsp;&nbsp;&nbsp;The Notes have been duly authorized, executed and delivered by the Company and constitute legal and legally binding obligations of the Company, enforceable against the Company in accordance with their terms.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">5.&nbsp;&nbsp;&nbsp;&nbsp;No consent, approval or authorization of, or registration, filing or declaration with, any Governmental Authority by any Obligor or Subsidiary Guarantor which, in our experience, is normally applicable to the transactions of the type contemplated by the Note Documents, is required in connection with the execution, delivery or performance by such Obligor or Subsidiary Guarantor of any Note Document executed and delivered on the date hereof other than filing of a current report on Form 8-K and other filings under the Securities Exchange Act of 1934, as amended.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">6.&nbsp;&nbsp;&nbsp;&nbsp;It is not necessary in connection with the offering, sale and delivery of the Notes purchased by the Purchasers at the Closing or the execution and delivery of any Note Document, under the circumstances contemplated by, and in accordance with the terms of, the NPGA, to register any Note Document under the Securities Act of 1933 or to qualify an indenture in respect of such Note Documents under the Trust Indenture Act of 1939.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">7.&nbsp;&nbsp;&nbsp;&nbsp;The execution, delivery and performance by the Parent, the Company and Subsidiaries of the Note Documents to which they are a party does not and will not violate on the part of such DE/NY Party any provision of any statute or other rule or regulation of any Governmental Authority applicable to the Parent, the Company or any Subsidiary which, in our experience, is generally applicable to the transactions of the type contemplated by the NPGA.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">8.&nbsp;&nbsp;&nbsp;&nbsp;The execution, delivery and performance by the Parent, the Company and Subsidiaries of the Note Documents to which they are a party does not and will not conflict with Certified Documents.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">9.&nbsp;&nbsp;&nbsp;&nbsp;The Company is not an &#x201C;investment company&#x201D; or, to our knowledge, a Person directly or indirectly controlled by or acting on behalf of an &#x201C;investment company&#x201D; within the meaning of the Investment Company Act of 1940.</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;color:#000000;">10.&nbsp;&nbsp;&nbsp;&nbsp;None of the transactions contemplated by the NPGA (including, without limitation, the use of the proceeds from the sale of the Notes in accordance with Section 5.14 of the NPGA) will violate or result in a violation on the part of any DE/NY Party of Regulation T, U or X of the Board of Governors of the United States Federal Reserve System, 12 CFR, Part 220, Part 221 and Part 224, respectively.</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Courier;line-height:14pt;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Form of Opinion of Special Counsel</font><br /><font style="display: inline;text-transform:uppercase;color:#000000;">For The Purchasers</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">[To Be Provided on a Case by Case Basis]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Schedule&nbsp;5.3</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Disclosure Materials</font>
		</p>
		<p style="margin:18pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:normal;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Paychex Investor Q&amp;A Consolidated Responses (December, 2018), including Exhibits A through D attached thereto.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Schedule&nbsp;5.4</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Subsidiaries of the Parent and</font><br /><font style="display: inline;text-transform:uppercase;color:#000000;">Ownership of Subsidiary Stock</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">(i)&nbsp;&nbsp;&nbsp;&nbsp;Domestic Subsidiaries</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:42.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Name</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Jurisdiction</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">% of Shares</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Subsidiary Guarantor</font></p>
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">(Yes/No)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Advantage Payroll Services, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Aureon Holdings, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Aureon HR I, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Aureon HR II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Iowa</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Aureon HR III, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Iowa</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Aureon HR, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Iowa</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Century II ASO, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Century II Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Century II Staffing TN, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Century II Staffing USA, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Century II Staffing, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">CSM, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Tennessee</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">DHR Insurance Services, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">DHR of Florida I, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">DHR Services Holdings, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ePlan Advisors, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Colorado</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer Solutions Group of Idaho, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Idaho</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer Solutions Group of SLC, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer Solutions Group of Utah II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer Solutions Group of Utah, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer Solutions Group, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance III, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance IV, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance V, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance VI, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance VII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance VIII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Alliance IX, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employer&#x2019;s Select, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Employers Insurance Group, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New Mexico</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Expensewire LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ohio</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Achievement, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Administration, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Assistance, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Consulting II, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Consulting, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Direction, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Entities II, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Entities, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Fulfillment, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Insurance, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Management, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Offerings, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG PEO, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Success, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESG Supervision, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">ESSG, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fast 401K, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fortune Financial, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fortune Industries, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Indiana</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fortune Insurance Solutions, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fortune PEO, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Fortune PEO Acquisitions, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Gordian Capital Holdings, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Gordian HR, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRC-SVL, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Colorado</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterI, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterIII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterIV, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterV, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterVI, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterVII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterVIII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterIX, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HRSmarterX, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing ASO, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Associates, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Consultants, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Development, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Enterprises, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Georgia</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Group, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Georgia</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Services, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ohio</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Outsourcing Processing, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ohio</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">HR Services Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ohio</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">King Employee Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">NETtime Solutions, L.L.C.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Arizona</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Advisory Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis DEG ASO, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Minnesota</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis DEG, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Minnesota</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis DHR, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Employment Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis HR Solutions III, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Acquisition Corporation</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Admin Group, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Admin. II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Admin., Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Benefits III, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract Group, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract III, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract IV, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Contract VII, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing Holdings, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing HR, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing III, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing IX, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing TX, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing V, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing VI, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Outsourcing, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Payroll Services, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Staffing II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oasis Staffing, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Administrative Services, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Advance, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Benefit Technologies Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Brazil, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Business Solutions, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Holdings, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex HR Outsourcing, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Insurance Agency, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Insurance Concepts, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Investment LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Management LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex North America Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex of New York LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO I, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO II, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO III, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO IV, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO V, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO VI, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO VII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO VIII, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO IX, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex PEO X, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Real Estate, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Recordkeeping Services, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Securities Corporation</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Time &amp; Attendance, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">PBS of America, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">PBS of Central Florida, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Yes</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">PeopleLexis, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Colorado</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Precision Employee Management, L.L.C.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Arizona</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Professional Staff Management ASO, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Indiana</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Professional Staff Management, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Indiana</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Professional Staff Management, Inc. II</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Indiana</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">PSM Financial Services, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Indiana</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">PXC Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New York</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Rapid Payroll, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">California</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Solutions Staffing Group, Inc. </font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Utah</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Staff One HR II Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Texas</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Staff One HR, L.L.C.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oklahoma</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Staff One of Oklahoma, LLC</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oklahoma</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Staff One, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Oklahoma</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">SurePayroll, Inc.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Delaware</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Workforce Alternative, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">WorkSmarter HR, LLC</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Wyoming</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">WRI Acquisition, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">WRI II, Inc.</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Florida</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">*&nbsp;&nbsp;By the Parent&#x2019;s election pursuant to the definition of Material Domestic Subsidiary.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">(ii)&nbsp;&nbsp;&nbsp;&nbsp;Foreign Subsidiaries</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:42.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:19.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Name</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Jurisdiction</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">% of Shares</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">Subsidiary Guarantor</font></p>
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;color:#000000;">(Yes/No)</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ax IV Holding II ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ax IV Holding III ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Danske L</font><font style="display: inline;color:#000000;">&#xF8;</font><font style="display: inline;color:#000000;">nsystemer A/S</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Hispanomina</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Spain</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Ilohngehalt internetservices GmbH</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Germany</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">IPAYROLL Holding ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">iSalaire Eurl</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">France</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Latweplace sp z.o.o.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Poland</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">LESSOR A/S</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">LESSOR GmbH (DE)</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Germany</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">LESSOR Group ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Lessor Holding ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">NETtime Solutions India Private, Ltd.</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">India</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">New Dawn Holding ApS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Denmark</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Norl</font><font style="display: inline;color:#000000;">&#xF8;</font><font style="display: inline;color:#000000;">nn AS</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Norway</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Pagaveloce</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Italy</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Paychex Deutschland GmbH</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Germany</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Reliant Insurance Company Limited</font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Nevis </font></p>
				</td>
				<td valign="middle" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="middle" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:42.74%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Swel</font><font style="display: inline;color:#000000;">&#xF8;</font><font style="display: inline;color:#000000;">n AB</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">Sweden</font></p>
				</td>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">100%</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:19.08%;padding:0pt 6.5pt">
					<p style="margin:1pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">No</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Schedule&nbsp;5.5</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Financial Statements</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">1.&nbsp;&nbsp;&nbsp;&nbsp;The financial statements of the Parent and its wholly owned subsidiaries contained in the Parent&#x2019;s Annual Report on Form 10-K for the year ended May 31, 2018.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">2.&nbsp;&nbsp;&nbsp;&nbsp;The financial statements of the Parent and its wholly owned subsidiaries contained in the Parent&#x2019;s Quarterly Report on Form 10-Q for the quarter ended November 30, 2018.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:706.50pt;margin-left:10.8pt;">
			<tr>
				<td valign="top" style="width:112.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td colspan="7" valign="top" style="width:594.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;color:#000000;">Schedule&nbsp;5.15</font></p>
					<p style="margin:12pt 0pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">Existing Indebtedness of the Parent and its Subsidiaries</font></p>
					<p style="margin:12pt 0pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:94.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Final</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Outstanding</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:112.50pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Obligor(s)</font></p>
				</td>
				<td valign="top" style="width:112.50pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Creditor</font></p>
				</td>
				<td valign="top" style="width:94.50pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">CUSIP or ISIN</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">(if applicable)</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Description of Indebtedness</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Interest Rate(s)</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Collateral</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Maturity</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">Principal Amount</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Paychex of New York LLC, Paychex, Inc., Advantage Payroll Services, Inc., Paychex North America Inc., Paychex Management LLC (f/k/a Paychex Management Corp.) and Paychex Holdings, LLC</font></p>
				</td>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">JPMorgan Chase Bank, N.A., Bank of America, N.A., PNC Bank, National Association,&nbsp;&nbsp;Wells Fargo, National Association, Suntrust Bank, The Bank of Tokyo-Mitsubishi UFJ, Ltd., BMO Harris Bank N.A., and Citizens Bank, N.A.</font></p>
				</td>
				<td valign="top" style="width:94.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Line of Credit</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">L+0.75% - 1.25% p.a. (sliding scale)</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Aug. 5, 2020</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Total Commitment of $1,000,000,000;</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">$0 was outstanding as of Nov. 30, 2018</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Paychex Advance LLC, Paychex, Inc., Advantage Payroll Services, Inc., Paychex North America Inc., Paychex Management LLC (f/k/a Paychex Management Corp.), Paychex of New York LLC, Paychex Business Solutions, LLC, and Paychex Holdings, LLC</font></p>
				</td>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">PNC Bank, National Association</font></p>
				</td>
				<td valign="top" style="width:94.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Line of Credit</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">L+0.500% - 0.875% p.a. (sliding scale)</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Mar. 17, 2020</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Total Commitment of $150,000,000;</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">$57,300,000 was outstanding as of Nov. 30, 2018</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Paychex of New York LLC, Paychex, Inc., Advantage Payroll Services, Inc., Paychex North America Inc., Paychex Management LLC (f/k/a Paychex Management Corp.) and Paychex Holdings, LLC</font></p>
				</td>
				<td valign="top" style="width:112.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">JPMorgan Chase Bank, N.A., Bank of America, N.A., PNC Bank, National Association,&nbsp;&nbsp;Wells Fargo, National Association, KeyBank National Association, The Bank of Tokyo-Mitsubishi UFJ, Ltd., BMO Harris Bank N.A., TD Bank N.A., The Huntington National Bank and Fifth Third Bank</font></p>
				</td>
				<td valign="top" style="width:94.50pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Line of Credit</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">L+0.75% - 1.25% p.a. (sliding scale)</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">N/A</font></p>
				</td>
				<td valign="top" style="width:63.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Aug. 17, 2022</font></p>
				</td>
				<td valign="top" style="width:99.00pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt 3.2pt;">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">Total Commitment of $500,000,000;</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;color:#000000;">$0 was outstanding as of Nov. 30, 2018</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:3pt 0pt 0pt -9.35pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:3pt 0pt 0pt -9.35pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">First Lien Credit Agreement, dated as of June 30, 2017, as amended December 1, 2017, January 26, 2018 and July 13, 2018, by and among, Oasis Outsourcing Acquisition Corporation, Oasis Acquisition Corp. Today Pay, Inc., WRI, Acquisition, Royal Bank of Canada, Bank of America, N.A., the Other Lenders and L/C Issuers (as each such term is defined therein) party thereto, RBC Capital Markets, SunTrust Robinson Humphrey, Inc., and Citizens Bank, National Association</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;Paid in full ($431,275,460.24) on December 20, 2018.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">Second Lien Credit Agreement, dated as of June 30, 2017, among Oasis Outsourcing holdings, Inc., Oasis Outsourcing Acquisition Corporation, Oasis Acquisition, Inc., Today Pay, Inc., WRI Acquisition, Royal Bank of Canada, the other Lenders (as defined therein)</font><font style="display: inline;color:#000000;">&nbsp;</font><font style="display: inline;color:#000000;">party thereto, RBC Capital Markets, SunTrust Robinson Humphrey, Inc., and Citizens Bank National Association</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;Paid in full ($85,627,163.13) on December 20, 2018.</font>
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Schedule&nbsp;10.5</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">Liens</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">None.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:center;text-indent:0pt;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">Paychex of New York LLC</font><br /><font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">911 Panorama Trail South</font><br /><font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">Rochester, New York 14625</font><br /><font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;"></font><br /><font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">Information Relating to Purchasers</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width:481.50pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:265.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:85.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Series</font></p>
				</td>
				<td valign="top" style="width:130.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:265.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">AMERICAN GENERAL LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:85.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;color:#000000;">B</font></p>
				</td>
				<td valign="top" style="width:130.50pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$28,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">(1)</font><font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">All payments to be by wire transfer of immediately available funds, with sufficient information (including PPN #, interest rate, maturity date, interest amount, principal amount and premium amount, if applicable) to identify the source and application of such funds, to:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">ABA # [ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;font-size:5pt;vertical-align:super;line-height:14pt"> &nbsp;1</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Account Name:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Account Number:</font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;"> &nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">For Further Credit to:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Reference:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">PPN </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;color:#000000;">and</font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;"> Prin.: $</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">; Int.: $______</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;"> (2)</font><font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;color:#000000;">Payment notices, audit confirmations and related note correspondence to</font><font style="display: inline;font-size:10pt;color:#000000;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">American General Life Insurance Company ( [ ** ] )</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">c/o AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Attn:&nbsp;&nbsp;PCG Investment Portfolio Support</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">(3)</font><font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;color:#000000;">Duplicate payment notices (only) to</font><font style="display: inline;font-size:10pt;color:#000000;">: &nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">American General Life Insurance Company ([ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;">Attn:&nbsp;&nbsp;P &amp; I Department</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;color:#000000;">Fax:&nbsp;&nbsp;(718) 315-3076</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">__________________________</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;font-size:6pt;vertical-align:super;line-height:100%">1</font><font style="display: inline;color:#000000;"> [**] denotes certain account, tax or other identifying information omitted.</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">43</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:100%;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(4)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Compliance reporting information (financial docs, officer&#x2019;s certificates, etc.) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Private Placements Compliance</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp;&nbsp;complianceprivateplacements@aig.com</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45.35pt;text-indent: -9.35pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Note</font><font style="display: inline;font-weight:bold;font-size:10pt;">:</font><font style="display: inline;font-size:10pt;"> &nbsp;Only two (2) complete sets of compliance information are required for all companies for which </font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;">AIG Asset Management Group serves as investment adviser.</font><font style="display: inline;font-weight:bold;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(5)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Note to be issued in the nominee name of:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">HARE &amp; CO., LLC (Tax ID #:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(6)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Tax I.D. Number for American General Life Insurance Company:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(7)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Physical Delivery Instructions</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">570 Washington Blvd. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn: BNY Mellon / Branch Deposit Department &#x2013; 5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Contact:&nbsp;&nbsp;Andre Granville; Phone:&nbsp;&nbsp;(315) 414-3068</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">44</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">AMERICAN GENERAL LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$20,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(1)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">All payments to be by wire transfer of immediately available funds, with sufficient information (including PPN, interest rate, maturity date, interest amount, principal amount and premium amount, if applicable) to identify the source and application of such funds, to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:</font><font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">For Further Credit to:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">AGL WNL RE PHYSICAL; Account No. </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Reference:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">PPN </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">and</font><font style="display: inline;font-weight:bold;font-size:10pt;"> Prin.: $</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">; Int.: $______</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> (2)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Payment notices, audit confirmations and related note correspondence to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AGL WNL Reinsurance ([ ** ]) </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o AIG Asset Management </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04 </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;PCG Investment Portfolio Support</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(3)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Duplicate payment notices (only) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AGL WNL Reinsurance ([ ** ]) </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;P &amp; I Department</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Fax:&nbsp;&nbsp;(718) 315-3076</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> (4)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Compliance reporting information (financial docs, officer&#x2019;s certificates, etc.) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Private Placements Compliance</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp;&nbsp;complianceprivateplacements@aig.com</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Note</font><font style="display: inline;font-weight:bold;font-size:10pt;">:</font><font style="display: inline;font-size:10pt;"> &nbsp;Only two (2) complete sets of compliance information are required for all companies for which</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIG Asset Management Group serves as investment adviser.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(5)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Note to be issued in the nominee name of:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">HARE &amp; CO., LLC (Tax ID #:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(6)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Tax ID Number for American General Life Insurance Company:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(7)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Physical Delivery Instructions</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">570 Washington Blvd. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn: BNY Mellon / Branch Deposit Department &#x2013; 5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Contact:&nbsp;&nbsp;[ ** ]; Phone:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">45</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">AMERICAN GENERAL LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">(SAMRE)</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$15,200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(1)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">All payments to be by wire transfer of immediately available funds, with sufficient information (including PPN #, interest rate, maturity date, interest amount, principal amount and premium amount, if applicable) to identify the source and application of such funds, to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:</font><font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">For Further Credit to:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">AMERICAN GENERAL LIFE INS. CO. SAMRE; Account No. </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Reference:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">PPN </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">and</font><font style="display: inline;font-weight:bold;font-size:10pt;"> Prin.: $</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">; Int.: $______</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> (2)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Payment notices, audit confirmations and related note correspondence to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">American General Life Insurance Company SAMRE ([ ** ])</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;PCG Investment Portfolio Support</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(3)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Duplicate payment notices (only) to</font><font style="display: inline;font-size:10pt;">: &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">American General Life Insurance Company SAMRE ([ ** ])</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;P &amp; I Department</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Fax:&nbsp;&nbsp;(718) 315-3076</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(4)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Compliance reporting information (financial docs, officer&#x2019;s certificates, etc.) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Private Placements Compliance</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp;&nbsp;complianceprivateplacements@aig.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Note</font><font style="display: inline;font-weight:bold;font-size:10pt;">:</font><font style="display: inline;font-size:10pt;"> &nbsp;Only two (2) complete sets of compliance information are required for all companies for which </font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;">AIG Asset Management Group serves as investment adviser.</font><font style="display: inline;font-weight:bold;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(5)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Note to be issued in the nominee name of:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">HARE &amp; CO., LLC (Tax ID #:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(6)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Tax I.D. Number for American General Life Insurance Company:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(7)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Physical Delivery Instructions</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">570 Washington Blvd. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn: BNY Mellon / Branch Deposit Department &#x2013; 5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Contact:&nbsp;&nbsp;Andre Granville; Phone:&nbsp;&nbsp;(315) 414-3068</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">46</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.6pt;line-height:12pt;text-indent: -3.6pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF NEW YORK</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$16,800,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(1)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">All payments to be by wire transfer of immediately available funds, with sufficient information (including PPN #, interest rate, maturity date, interest amount, principal amount and premium amount, if applicable) to identify the source and application of such funds, to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">For Further Credit to:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">THE U.S. LIFE INSURANCE CO.; Account No.</font><font style="display: inline;font-size:10pt;">:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Reference:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">PPN </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">and</font><font style="display: inline;font-weight:bold;font-size:10pt;"> Prin.: $</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">; Int.: $______</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(2)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Payment notices, audit confirmations and related note correspondence to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The United States Life Insurance Company in the City of New York ([ ** ] [ ** ])</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o AIG Asset Management </font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;PCG Investment Portfolio Support</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(3)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Duplicate payment notices (only) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">The United States Life Insurance Co. in the City of New York ([ ** ])</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">c/o JPMorgan Client Services</font>
		</p>
		<p style="margin:0pt;text-indent:72pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(4)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Compliance reporting information (financial docs, officer&#x2019;s certificates, etc.) to</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">AIG Asset Management </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">2929 Allen Parkway, A36-04</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Houston, Texas&nbsp;&nbsp;77019-2155</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Private Placements Compliance</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 45pt;text-indent: -9pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">*</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Note</font><font style="display: inline;font-weight:bold;font-size:10pt;">:</font><font style="display: inline;font-size:10pt;"> &nbsp;Only two (2) complete sets of compliance information are required for all companies for which </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;">AIG Asset Management Group serves as investment adviser.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(5)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Note to be issued in the nominee name of:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">CUDD &amp; CO. LLC (Tax ID #:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(6)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 27pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Tax ID Number for The United States Life Insurance Company in the City of New York:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(7)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Physical Delivery Instructions</font><font style="display: inline;font-size:10pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">4 Chase Metrotech Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Brooklyn, New York 11245-0001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Physical Receive Department &#x2013; 3</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;font-size:10pt;"> Floor </font><font style="display: inline;font-weight:bold;font-size:10pt;">(</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">for overnight mail</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">OR</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;">Physical Receive Dept. &#x2013; 1</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">st</font><font style="display: inline;font-size:10pt;"> Floor, Window 5 </font><font style="display: inline;font-weight:bold;font-size:10pt;">(</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">for messenger, use Willoughby Entrance</font><font style="display: inline;font-weight:bold;font-size:10pt;">)</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Contact:&nbsp;&nbsp;Aubrey M. Reuben; Phone:&nbsp;&nbsp;(718) 242-0269 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Name:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;">THE UNITED STATES LIFE INSURANCE COMPANY IN THE CITY OF N. Y.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Account Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">47</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:275.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:121.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:275.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:121.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">$40,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">$39,200,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.75pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="width:351.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">The Northwestern Mutual Life Insurance Company</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-style:italic;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.8pt;text-indent: -16.8pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">I.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9.4pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such Purchaser shall be made by wire transfer of immediately available funds, providing sufficient information to identify the source of the transfer, the amount of the dividend and/or redemption (as applicable) and the identity of the security as to which payment is being made.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">Please contact our Treasury &amp; Investment Operations Department to securely obtain wire transfer instructions for</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">The Northwestern Mutual Life Insurance Company</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">E-mail:&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-style:italic;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">Phone: (414) 665-1679</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.8pt;text-indent: -16.8pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">II.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 6.1pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All notices with respect to confirmation of payments on account of the Notes shall be delivered or mailed to:</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention: Investment Operations</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: </font><font style="display: inline;font-style:italic;font-size:11pt;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;">Phone: (414) 665-1679</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.55pt;text-indent: -16.55pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:-16.55pt; padding-right:3.8pt;"><font style="display: inline;font-size:11pt;">III.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">All other communications </font><font style="display: inline;font-size:11pt;">including any permitted electronic delivery of financial and business information (or any notices related thereto) </font><font style="display: inline;font-size:11pt;">shall be delivered or mailed to:</font></font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention: Securities Department</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: privateinvest@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: kevinshanley@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">If posted to IntraLinks or another document repository/hosted website, then send to: </font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#0563C1;font-size:11pt;text-decoration:underline;">Email:&nbsp;&nbsp;preautodownload@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:3.8pt;"><font style="display: inline;font-size:11pt;">IV.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Address for delivery of Notes:</font></font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:6.8pt;"><font style="display: inline;font-size:11pt;">V.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Tax Identification No.: </font><font style="display: inline;font-size:10pt;">[ ** ]</font></font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">48</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-weight:normal;font-size:10.5pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:76.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:122.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">The Northwestern Mutual Life Insurance Company for its Group Annuity Separate Account</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$800,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:Calibri;font-size:11pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:346.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;">&#xFEFF;</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">The Northwestern Mutual Life Insurance Company for its Group Annuity Separate Account</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-style:italic;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:346.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.6pt;text-indent: -16.6pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">I.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9.4pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such Purchaser shall be made by wire transfer of immediately available funds, providing sufficient information to identify the source of the transfer, the amount of the dividend and/or redemption (as applicable) and the identity of the security as to which payment is being made.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">Please contact our Treasury &amp; Investment Operations Department to securely obtain wire transfer instructions for</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">The Northwestern Mutual Life Insurance Company for its Group Annuity Separate Account</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">.</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">E-mail:&nbsp; </font><font style="display: inline;font-family:Times New Roman;font-style:italic;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-style:italic;">Phone: (414) 665-1679</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:346.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.6pt;text-indent: -16.6pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">II.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 6.1pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All notices with respect to confirmation of payments on account of the Notes shall be delivered or mailed to:</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">for its Group Annuity Separate Account</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention: Investment Operations</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: </font><font style="display: inline;font-style:italic;font-size:11pt;">payments@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;">Phone: (414) 665-1679</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:346.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 16.6pt;text-indent: -16.6pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">III.</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 2.8pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All other communications </font><font style="display: inline;font-size:11pt;">including any permitted electronic delivery of financial and business information (or any notices related thereto) </font><font style="display: inline;font-size:11pt;">shall be delivered or mailed to:</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">for its Group Annuity Separate Account</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention: Securities Department</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: privateinvest@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">E-mail: kevinshanley@northwesternmutual.com</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">If posted to IntraLinks or another document repository/hosted website, then send to: </font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#0563C1;font-size:11pt;text-decoration:underline;">Email:&nbsp;&nbsp;preautodownload@northwesternmutual.com</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:Calibri;font-size:11pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:346.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">&#xFEFF;</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;width:346.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:3.6pt;"><font style="display: inline;font-size:11pt;">IV.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Address for delivery of Notes:</font></font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Northwestern Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">720 East Wisconsin Avenue</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Milwaukee, WI 53202</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Justin P. Szalanski</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:346.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:6.6pt;"><font style="display: inline;font-size:11pt;">V.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Tax Identification No.: </font><font style="display: inline;font-size:10pt;">[ ** ]</font></font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">49</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">METROPOLITAN LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">200 Park Avenue</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">New York, New York&nbsp;&nbsp;10166</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$10,600,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-weight:normal;font-size:8pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Life Insurance Company</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">ABA Routing #:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Account No.:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Account Name:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Metropolitan Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Ref:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails: PPUCompliance@metlife.com; edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">; &nbsp;</font><font style="display: inline;font-size:10.5pt;color:#000000;">OpsPvtPlacements@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Meredith Szwed, AVP Legal Investments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tax Jurisdiction: United States/New York</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:5.4pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:473.40pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;text-decoration:underline;color:#000000;">Audit Requests</font><font style="display: inline;font-size:10.5pt;color:#000000;">:&nbsp;&nbsp;Soft copy to </font><font style="display: inline;font-weight:bold;color:#FF0000;font-size:10.5pt;">AuditConfirms.PvtPlacements@metlife.com</font><font style="display: inline;font-size:10.5pt;color:#000000;"> or hard copy to:&nbsp;&nbsp;Metropolitan Life Insurance Company, Attn:&nbsp;&nbsp;Private Placements Operations (ATTN: Audit Confirmations), 18210 Crane Nest Drive &#x2013; 5</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor, Tampa, FL 33647</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 63.35pt 0pt 180pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">50</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.70pt;height:34.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">METROPOLITAN TOWER LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">200 Park Avenue</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">New York, New York&nbsp;&nbsp;&nbsp;&nbsp;10166</font></p>
				</td>
				<td valign="top" style="width:75.65pt;height:34.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.15pt;height:34.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$3,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$6,500,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;"> (Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Metropolitan Tower Life Insurance Company</font><font style="display: inline;font-size:10.5pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(1)&nbsp;&nbsp;&nbsp;All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Bank Name:</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">ABA Routing #:</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Account No.:</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Account Name:</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Metropolitan Tower Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Ref:</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;color:#000000;font-size:10.5pt;">70432* AA9</font><font style="display: inline;font-size:10.5pt;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;color:#000000;font-size:10.5pt;">70432* AB7</font><font style="display: inline;font-size:10.5pt;"> &#x2013; </font><font style="display: inline;font-style:italic;font-size:10.5pt;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(2)&nbsp;&nbsp;All notices and communications:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Metropolitan Tower Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attention:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Emails: PPUCompliance@metlife.com; edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">; &nbsp;</font><font style="display: inline;font-size:10.5pt;">OpsPvtPlacements@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Metropolitan Tower Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(3)&nbsp;&nbsp;&nbsp;Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Metropolitan Tower Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attention:&nbsp;&nbsp;Meredith Szwed, AVP Legal Investments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(4)&nbsp;&nbsp;Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(5)&nbsp;&nbsp;Tax Jurisdiction: United States/Delaware</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">(6)&nbsp;&nbsp;UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
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		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:478.80pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;text-decoration:underline;">Audit Requests</font><font style="display: inline;font-size:10.5pt;">:&nbsp;&nbsp;Soft copy to </font><font style="display: inline;font-weight:bold;color:#FF0000;font-size:10.5pt;">AuditConfirms.PvtPlacements@metlife.com</font><font style="display: inline;font-size:10.5pt;"> or hard copy to:&nbsp;&nbsp;Metropolitan Life Insurance Company, Attn:&nbsp;&nbsp;Private Placements Operations (ATTN: Audit Confirmations), 18210 Crane Nest Drive &#x2013; 5</font><font style="display: inline;font-size:10.5pt;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;"> Floor, Tampa, FL 33647</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 63.35pt 0pt 180pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">51</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
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		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">METROPOLITAN PROPERTY AND CASUALTY INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">700 Quaker Lane</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Warwick, Rhode Island&nbsp;&nbsp;02887</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$2,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$4,300,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-weight:normal;font-size:8pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Property and Casualty Insurance Company</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(1)&nbsp;&nbsp;&nbsp;All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">ABA Routing #:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Account No.:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Account Name:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">Metropolitan Property and Casualty Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">PPN </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ] </font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">PPN </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ] </font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(2)&nbsp;&nbsp;&nbsp;All notices and communications:</font>
		</p>
		<p style="margin:0pt 63.35pt 0pt 90pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Metropolitan Property and Casualty Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails: PPUCompliance@metlife.com; edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">; &nbsp;</font><font style="display: inline;font-size:10.5pt;color:#000000;">OpsPvtPlacements@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Metropolitan Property and Casualty Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(3)&nbsp;&nbsp;&nbsp;Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 63.35pt 0pt 90pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Metropolitan Property and Casualty Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Meredith Szwed, AVP Legal Investments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(4)&nbsp;&nbsp;Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(5)&nbsp;&nbsp;Tax Jurisdiction: United States/Rhode Island</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(6)&nbsp;&nbsp;UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:478.80pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;text-decoration:underline;color:#000000;">Audit Requests</font><font style="display: inline;font-size:10.5pt;color:#000000;">:&nbsp;&nbsp;Soft copy to </font><font style="display: inline;font-weight:bold;color:#FF0000;font-size:10.5pt;">AuditConfirms.PvtPlacements@metlife.com</font><font style="display: inline;font-size:10.5pt;color:#000000;"> or hard copy to:&nbsp;&nbsp;Metropolitan Life Insurance Company, Attn:&nbsp;&nbsp;Private Placements Operations (ATTN: Audit Confirmations), 18210 Crane Nest Drive &#x2013; 5</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor, Tampa, FL 33647</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 180pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">52</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">METLIFE INSURANCE K.K.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1-3, Kioicho, Chiyoda-ku</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Tokyo, </font><font style="display: inline;font-size:10.5pt;">102-8525 </font><font style="display: inline;font-size:10.5pt;">JAPAN</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$1,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$1,100,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;text-decoration:underline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Insurance K.K.</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(1)&nbsp;&nbsp;&nbsp;All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Bank Name:&nbsp;&nbsp;&nbsp;&nbsp;Citibank New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111 Wall Street, New York, New York 10005 (USA)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Routing #:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Acct No./DDA:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">872002</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Acct Name:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;METLIFE PP USDF</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.&nbsp;&nbsp;For all payments other than scheduled payments of principal and interest, the Company shall seek instructions from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(2)&nbsp;&nbsp;&nbsp;All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Asset Management Corp. (Japan)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Administration Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tokyo Garden Terrace Kioicho Kioi Tower 25F</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">1-3, Kioicho, Chiyoda-ku, Tokyo 102-8525 Japan</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Administration Dept. Manager</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;saura@metlife.co.jp </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy</font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">&nbsp;</font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Insurance K.K.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: </font><a name="_Hlk532832228"></a><font style="display: inline;font-size:10.5pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails: PPUCompliance@metlife.com;</font><a name="_Hlk532832132"></a><font style="display: inline;font-size:10.5pt;color:#000000;"> edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">; &nbsp;</font><font style="display: inline;font-size:10.5pt;color:#000000;">OpsPvtPlacements@metlife.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a</font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">nother</font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;"> copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Insurance K.K.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(3)&nbsp;&nbsp;Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">MetLife Insurance K.K.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Meredith Szwed, AVP Legal Investments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(4)&nbsp;&nbsp;Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ] </font><font style="display: inline;font-size:10.5pt;color:#000000;">(USA) and </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;"> (Japan)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(5)&nbsp;&nbsp;Tax Jurisdiction: Japan</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(6)&nbsp;&nbsp;UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;width:478.80pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;text-decoration:underline;color:#000000;">Audit Requests</font><font style="display: inline;font-size:10.5pt;color:#000000;">:&nbsp;&nbsp;Soft copy to </font><font style="display: inline;font-weight:bold;color:#FF0000;font-size:10.5pt;">AuditConfirms.PvtPlacements@metlife.com</font><font style="display: inline;font-size:10.5pt;color:#000000;"> or hard copy to:&nbsp;&nbsp;Metropolitan Life Insurance Company, Attn:&nbsp;&nbsp;Private Placements Operations (ATTN: Audit Confirmations), 18210 Crane Nest Drive &#x2013; 5</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor, Tampa, FL 33647</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">53</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Pensionskasse des Bundes PUBLICA</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn. Asset Management</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">3007 Bern, Switzerland</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$6,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;text-align:right;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;color:#000000;font-size:10.5pt;">Pensionskasse des Bundes PUBLICA</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Currency:&nbsp;&nbsp;USD</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Bank Name:&nbsp;&nbsp;JPMORGAN CHASE BANK, NEW YORK</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">SWIFT:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Account No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">FFC:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Publica</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">c/o </font><font style="display: inline;font-size:10.5pt;">MetLife Investment Management Limited</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attention:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Emails:&nbsp;&nbsp;PPUCompliance@metlife.com; edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Pensionskasse des Bundes PUBLICA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Attn. </font><font style="display: inline;color:#000000;font-size:10.5pt;">Asset Management</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Eigerstrasse 57</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">3007 Bern, Switzerland</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Facsimile</font><font style="display: inline;color:#000000;font-size:10.5pt;">: +41 58 485 21 13</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">and</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:329.40pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:329.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Publica</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o </font><font style="display: inline;font-size:10.5pt;">MetLife Investment Management Limited</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">One MetLife Way</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Whippany, NJ 07981</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attention: Chief Counsel-Investments Law (PRIV)</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Email: sec_invest_law@metlife.com</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">JPMorgan Chase Bank, N.A.</font><br /><font style="display: inline;font-size:10.5pt;">4 Chase Metrotech Center, 3rd Floor</font><br /><font style="display: inline;font-size:10.5pt;">Brooklyn, New York 11245-0001</font><br /><font style="display: inline;font-size:10.5pt;">Attention:&nbsp; Physical Receive Department </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Reference Account: </font><font style="display: inline;font-size:10pt;">[ ** ]</font><br /><font style="display: inline;font-size:10.5pt;">Reference: &nbsp;Account Name - </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">UK Passport Treaty Number (if applicable):&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">54</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Zurich American Insurance Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1299 Zurich Way</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Schaumburg, IL 60196-1056</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$6,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Hare &amp; Co. LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:&nbsp;&nbsp;The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Number:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account No.&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">FFC:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref: &nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Zurich American Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Facsimile (973) 355-4250</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp;&nbsp;PPUCompliance @metlife.com; edward.teagan@metlife.com; tom.j.routhier@metlife.com</font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Zurich American Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Privates Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">and</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">bmz.zis.operations@bm.zurich.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:&nbsp;&nbsp;&nbsp;The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">570 Washington Blvd, 5th floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attn: BNY Mellon/Branch Deposit Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">212 855 1000</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">*** Please note: As long as there is a letter with the account (927763) to deposit the shares into, the team at DTCC will book the shares in free***</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: &nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tax Jurisdiction: United States</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): n/a</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">55</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Zurich Insurance Company Ltd, Bermuda Branch</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attention: Mike Gutteridge</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Wellesley House</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">90 Pitt&#x2019;s Bay Road</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Hamilton HM CX, Bermuda</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.20pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$4,400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt -31.5pt 0pt 0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;text-decoration:underline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Hare &amp; CO LLC</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;text-indent:18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:&nbsp;&nbsp;The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;text-indent:18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Number:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;text-indent:18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account No.: &nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">0</font><font style="display: inline;font-size:10.5pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;text-indent:18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;text-indent:18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref: Private Placement PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">/ Paychex Inc., 4.07% due 13-MAR-2026</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Zurich Insurance Company Ltd, Bermuda Branch </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Facsimile (973) 355-4250</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Zurich Insurance Company Ltd, Bermuda Branch</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attn: Treasurer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Wellesley House</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">90 Pitt&#x2019;s Bay Road</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Hamilton HM CX, Bermuda</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Contact: </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tel: 441 294 4000</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Fax: 441 294 4001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">E-Mail: </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">56</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:10.5pt;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attn: BNY Mellon/Branch Deposit Department</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">REF: TRUST A/C# </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#0000FF;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Please include in the cover letter accompanying the Notes a reference to the</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Purchaser's account number (Zurich Insurance Company Ltd, Bermuda Branch.-</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Private Placements; Account Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Tax Jurisdiction: Switzerland</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">UK Passport Treaty Number (if applicable): N/A</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">57</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Zurich American Insurance Company </font><br /><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;&nbsp;Master Retirement Trust</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1299 Zurich Way</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Schaumburg, Il 60196-1056</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.20pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$2,200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;color:#000000;">(</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of</font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;"> ELL &amp; Co)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;background-color:yellow;color:#000000;">ATTENTION INVESTORS COUNSEL</font><font style="display: inline;font-size:10.5pt;color:#000000;">: Please contact MetLife deal attorney to confirm that MetLife has </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">completed ERISA review and/or to obtain relevant disclosure letter form, if applicable.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:&nbsp;&nbsp;The Northern Trust</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">SWIFT:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">86041000</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Sort Code:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">FFC:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><a name="_Hlk532831654"></a><font style="display: inline;font-size:10.5pt;color:#000000;">Paychex Inc., 4.07% due 13-MAR-2026</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Zurich American Insurance Company Master Retirement Trust</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Facsimile (973) 355-4250</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><a name="_Hlk532831724"></a><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">T</font><font style="display: inline;font-size:10.5pt;color:#000000;">he Northern Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Trade Securities Processing, C-1N</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">801 South Canal Street</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Chicago, IL 60607</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">REF Northern Acct. 518604100 / Zurich Master Trust</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#0000FF;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tax Jurisdiction: United States</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">58</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Associated Electric &amp; Gas Insurance Services Limited</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o AEGIS Insurance Services, Inc.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1 Meadowlands Plaza</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">East Rutherford, NJ 07073</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.20pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$4,400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;background-color:yellow;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Associated Electric &amp; Gas Insurance Services Limited</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;The Northern Trust</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Number:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;"> &nbsp; &nbsp;</font><br /><font style="display: inline;font-size:10.5pt;color:#000000;">Credit Wire Account #&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Northern Trust Account No.&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Northern Trust Account Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ATTN: &nbsp;&nbsp;Income Collections</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">FFC:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.07% due 13-MAR-2026</font><font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Associated Electric &amp; Gas Insurance Services Limited</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><a name="_Hlk532830712"></a><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">AEGIS Insurance Services, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">1 Meadowlands Plaza</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">East Rutherford, NJ 07073</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attn:&nbsp;&nbsp;Investment Division</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">The Northern Trust Company</font><br /><font style="display: inline;font-size:10.5pt;color:#000000;">Attn: Trade Securities processing, C-2N</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">801 South Canal Street</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Chicago, IL 60607</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Northern Trust Account No.: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Northern Trust Account Name: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to [ ** ] </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): N/A</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">59</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.20pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Farmers New World Life Insurance Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">3003 77th Avenue Southeast</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Mercer Island, WA&nbsp;&nbsp; 98040</font></p>
				</td>
				<td valign="top" style="width:75.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.20pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$2,200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Farmers New World Life Insurance Company</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">Bank Name:&nbsp;&nbsp;JPMorgan Chase Bank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">ABA:&nbsp;&nbsp;ABA&nbsp; </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account</font><font style="display: inline;color:#000000;font-size:10.5pt;"> No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account</font><font style="display: inline;color:#000000;font-size:10.5pt;"> Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">FFC:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.07% due 13-MAR-2026</font><font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Farmers New World Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o </font><font style="display: inline;font-size:10.5pt;color:#000000;">MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Facsimile (973) 355-4250</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">With a copy </font><font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">OTHER than with respect to deliveries of financial statements </font><font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-weight:bold;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Farmers New World Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Investments, Privates Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, NJ 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp; sec_invest_law@metlife.com </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">and</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JPMorgan Chase Bank, NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attn:&nbsp;&nbsp;Physical Vault</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Metrotech Center, 3</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">rd</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, NY 11245</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">and</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Overnite/mailing address: </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JPMorgan Chase Bank, NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attn:&nbsp;&nbsp;Aubrey Reuben (718-242-0269)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10.5pt;">FFC: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Physical Receive </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Metrotech Center, 3</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">rd</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, NY 11245</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Street Deliveries (via messenger or walk up)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Metrotech Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">1st Floor, Window 5</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, New York 11245-0001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Physical Receive Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">FFC: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Use Willoughby Street Entrance)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Tax Jurisdiction: United States</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">60</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">BRIGHTHOUSE LIFE INSURANCE COMPANY OF NY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">334 Madison Avenue</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Convent Station, New Jersey 07961</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$2,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-weight:normal;font-size:8pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company of NY</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Bank Name:&nbsp;&nbsp;JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;ABA Routing #:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Account No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Account Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.070, 13-MAR-2026</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font>
		</p>
		<p style="margin:0pt 63.35pt 0pt 90pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company of NY</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investments Advisors, LLC, Investments &#x2013; Privates Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp;&nbsp;PPUCompliance@metlife.com&nbsp;&nbsp;&nbsp;and edward.teagan@metlife.com;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">With a copy OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;border-top:1pt none #D9D9D9 ;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 63.35pt 0pt 90pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company of NY</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JP Morgan Chase Bank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">rd</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, NY&nbsp;&nbsp;&nbsp;11245-0001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Physical Receive Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;Account </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 63.35pt 0pt 180pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">61</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 63.35pt 0pt 180pt;line-height:12pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;color:#000000;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;color:#000000;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">BRIGHTHOUSE LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;color:#000000;">334 Madison Avenue</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;color:#000000;">Convent Station, New Jersey 07961</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;color:#000000;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;text-align:right;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;color:#000000;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:8pt;background-color:yellow;background-color: #FFFF99;color:#000000;">(Portfolio 47R---Sep Acct @Chase</font><font style="display: inline;font-weight:bold;font-size:8pt;background-color:yellow;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">[Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company, on behalf of its Separate Account SA (Structured Annuity)</font><font style="display: inline;font-size:10.5pt;color:#000000;">]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font></font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:&nbsp;&nbsp;JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Routing #:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account Name:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font></font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC, Investments - Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><font style="display: inline;font-size:10.5pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">With a copy OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JP Morgan Chase Bank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">rd</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, NY&nbsp;&nbsp;&nbsp;11245-0001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Physical Receive Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to</font><a name="_Hlk532830742"></a><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;"> [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable): </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">62</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Brighthouse Reinsurance Company of Delaware</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">334 Madison Avenue</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Convent Station, New Jersey 07961</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$7,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt 90pt;line-height:12pt;text-align:right;text-indent:-54pt;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-size:8pt;background-color:yellow;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">(Securities to be registered in the name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Reinsurance Company of Delaware</font><font style="display: inline;font-size:10.5pt;color:#000000;">)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">All scheduled payments of principal and interest by wire transfer of immediately available funds to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Bank Name:&nbsp;&nbsp;JP Morgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">ABA Routing #:</font><font style="display: inline;font-size:10.5pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account No.:&nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Account Name: &nbsp;&nbsp;</font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:10.5pt;color:#000000;">&#x2013; &nbsp;</font><font style="display: inline;font-style:italic;font-size:10.5pt;color:#000000;">Paychex Inc., 4.250, 13-MAR-2029</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">with sufficient information to identify the source and application of such funds, including issuer, PPN#, interest rate, maturity and whether payment is of principal, interest, make whole amount or otherwise.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">For all payments other than scheduled payments of principal and interest, the Company shall seek instructions</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">All notices and communications:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Reinsurance Company of Delaware</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC, Investments &#x2013; Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Emails:&nbsp; </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-family:Times;font-size:10.5pt;color:#000000;">With a copy OTHER than with respect to deliveries of financial statements to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">Brighthouse Reinsurance Company of Delaware</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">c/o MetLife Investment Advisors, LLC, Investments Law</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">One MetLife Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Whippany, New Jersey 07981</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention: Chief Counsel-Investments Law (PRIV)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Email:&nbsp;&nbsp;sec_invest_law@metlife.com</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">Original notes delivered to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">JP Morgan Chase Bank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-size:10.5pt;color:#000000;font-size:5pt;vertical-align:super;line-height:12pt">rd</font><font style="display: inline;font-size:10.5pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Brooklyn, NY&nbsp;&nbsp;&nbsp;11245-0001</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Attention:&nbsp;&nbsp;Physical Receive Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">Ref:&nbsp;&nbsp;Account </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">With COPIES OF THE NOTES emailed to </font><font style="display: inline;font-weight:bold;font-size:10.5pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">Taxpayer I.D. Number: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10.5pt;color:#000000;">(5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;color:#000000;">UK Passport Treaty Number (if applicable):&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;N/A</font>
		</font></p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">63</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.65pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.60pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.65pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MASSACHUSETTS MUTUAL LIFE</font><br /><font style="display: inline;font-weight:bold;font-size:10.5pt;">INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
				<td valign="top" style="width:75.60pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$12,525,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$15,900,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series A Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">4.07% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series&nbsp;A</font><font style="display: inline;font-size:10.5pt;">, due March 13, 2026, PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal); and</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series B Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:11pt;">4.25% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:11pt;">Series&nbsp;B</font><font style="display: inline;font-size:11pt;">, due March 13, 2029, </font><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">interest and principal), to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">MassMutual </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Citibank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">New York, New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Acct #</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">RE:&nbsp;&nbsp;Description of security, cusip, principal and interest split</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">With advice of payment to the Treasury Operations Securities Management Department at Massachusetts Mutual Life Insurance Company at mmincometeam@massmutual.com or (413) 226-4295 (facsimile).</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Registration of Securities</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All securities should be registered to </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font><font style="display: inline;font-size:10.5pt;"> and sent via overnight mail to:&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">1295 State Street, MIP: E415</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Springfield, MA 01111</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attention:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Telephone: 413-744-1885</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">E-mail: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;text-decoration:underline;">With a copy to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">64</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Notices</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:481.50pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:252.00pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;">Send Communications and Notices </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;text-decoration:underline;">(including electronic delivery of financials)</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;"> to</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">Springfield, MA 01115-5189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">With notification to:</font></p>
					<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:229.50pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;">Send Notices on Payments to</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Treasury Operations Securities Management</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1295 State Street</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA 01111</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn: [ ** ]</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">With a copy to:</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Tax Identification No</font><font style="display: inline;font-size:11pt;text-decoration:underline;">.</font><font style="display: inline;font-size:11pt;"> &nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">DTTP No.:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">65</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MASSACHUSETTS MUTUAL LIFE</font><br /><font style="display: inline;font-weight:bold;font-size:10.5pt;">INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$3,100,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$1,900,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series A Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">4.07% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series&nbsp;A</font><font style="display: inline;font-size:10.5pt;">, due March 13, 2026, PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal); and</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series B Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:11pt;">4.25% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:11pt;">Series&nbsp;B</font><font style="display: inline;font-size:11pt;">, due March 13, 2029, </font><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal), to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">MASSMUTUAL TRUST RPG (MMTRRPG)</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Citibank, N.A</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">New York, New York</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Acct Name </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Acct #</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">FCC:&nbsp;&nbsp;MassMutual Trust Account #</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">RE: Description of security, cusip, principal and interest split</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">With advice of payment to the Treasury Operations Securities Management Department at Massachusetts Mutual Life Insurance Company at mmincometeam@massmutual.com or (413) 226-4295 (facsimile).</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Registration of Securities</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All securities should be registered to </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font><font style="display: inline;font-size:10.5pt;"> and sent the following address:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">For delivery by mail or overnight courier:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Citibank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">399 Park Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Level B Vault</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">New York, NY&nbsp;&nbsp;10022</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Acct. #</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;text-decoration:underline;">With a copy to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">66</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Notices</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:481.50pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:252.00pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;">Send Communications and Notices </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;text-decoration:underline;">(including electronic delivery of financials)</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;"> to</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10.5pt;">Springfield, MA 01115-5189</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">With notification to:</font></p>
					<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:229.50pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10.5pt;">Send Notices on Payments to</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Treasury Operations Securities Management</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1295 State Street</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA 01111</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn: </font><font style="display: inline;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">With a copy to:</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Massachusetts Mutual Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Tax Identification No</font><font style="display: inline;font-size:11pt;text-decoration:underline;">.</font><font style="display: inline;font-size:11pt;"> &nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">DTTP No.:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">67</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MASSMUTUAL ASIA LIMITED</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$2,100,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">$2,200,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series A Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">4.07% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series&nbsp;A</font><font style="display: inline;font-size:10.5pt;">, due March 13, 2026, PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal); and</font>
		</p>
		<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series B Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:11pt;">4.25% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:11pt;">Series&nbsp;B</font><font style="display: inline;font-size:11pt;">, due March 13, 2029, </font><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal), to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Gerlach &amp; Co.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Citibank, N.A.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">ABA Number </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Concentration Account </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">FFC: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Name of Security/CUSIP Number</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">With advice of payment to the Treasury Operations Securities Management Department at Massachusetts Mutual Life Insurance Company at mmincometeam@massmutual.com or (413) 226-4295 (facsimile).</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Registration of Securities</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All securities should be registered in Citibank's nominee name of </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Gerlach &amp; Co.</font><font style="display: inline;font-size:10.5pt;"> and sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Citibank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">399 Park Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Level B Vault</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">New York, NY&nbsp;&nbsp;10022</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Acct. #</font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:8pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;text-decoration:underline;">With a copy to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Notices</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:481.50pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:252.00pt;background-color: #auto;height:135.44pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Send Communications and Notices </font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;text-decoration:underline;">(including electronic delivery of financials)</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;"> to</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">MassMutual Asia Limited</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Springfield, MA 01115-5189</font></p>
					<p style="margin:0pt;line-height:8pt;font-family:Times;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">With notification to:</font></p>
					<p style="margin:0pt 0pt 0pt 36pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:229.50pt;background-color: #auto;height:135.44pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Send Notices on Payments to</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">MassMutual Asia Limited</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Treasury Operations Securities Management</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1295 State Street</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Springfield, MA 01111</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attn: [ ** ]</font></p>
					<p style="margin:0pt;line-height:8pt;font-family:Times;overflow: hidden;">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">With a copy to:</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">MassMutual Asia Limited</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 17.2pt;line-height:11pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">68</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:32.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MUFG Fund Services (Cayman) Limited, acting solely in its capacity as trustee of Bright &#x2013; I Fund, a sub-fund of Global Private Credit Umbrella Unit Trust</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA&nbsp;&nbsp;01115-5189</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:12.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:12.60pt;font-family:Times;font-size:10.5pt;text-align:right;" nowrap="nowrap">$2,275,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All payments on account of the </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series A Notes</font><font style="display: inline;font-size:10.5pt;"> shall be made by crediting in the form of bank wire transfer of Federal or other immediately available funds, (identifying each payment of as &#x201C;Paychex of New York LLC,</font><font style="display: inline;font-weight:bold;font-size:10.5pt;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">4.07% Senior Notes, </font><font style="display: inline;font-weight:bold;font-size:10.5pt;">Series&nbsp;A</font><font style="display: inline;font-size:10.5pt;">, due March 13, 2026, PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;color:#000000;font-size:10.5pt;">9</font><font style="display: inline;font-size:10.5pt;">&#x201D; interest and principal), to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">JP Morgan Chase Bank, NA</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">New York, New York</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Account No: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Account Name: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">FFC: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">RE:&nbsp;&nbsp;Description of security, cusip, principal and interest split</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Registration of Securities</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">All securities should be registered to</font><font style="display: inline;font-weight:bold;font-size:10.5pt;"> TTNY &amp; CO. </font><font style="display: inline;font-size:10.5pt;">and sent via overnight mail to:&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">DTCC New York Window</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:10.5pt;font-size:5pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:10.5pt;"> floor</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attn: Terrance Hines (ph: 212-855-4473) </font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">FBO: Mitsubishi UFJ Trust and Banking Corp Participant #</font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;"> for </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;text-decoration:underline;">With a copy to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-indent:36pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:275.40pt;background-color: #auto;padding:0pt 6.5pt;">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;text-decoration:underline;">Notices</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Send Communications and Notices, including notices on payments,&nbsp;&nbsp;to</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MUFG Fund Services (Cayman) Limited, acting solely in its capacity as trustee of Bright &#x2013; I Fund, a sub-fund of Global Private Credit Umbrella Unit Trust </font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA 01115-5189</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">With notification to:</font></p>
					<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:275.40pt;background-color: #auto;padding:0pt 6.5pt;">
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Electronic Delivery of Financials and other information to:</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">MUFG Fund Services (Cayman) Limited, acting solely in its capacity as trustee of Bright &#x2013; I Fund, a sub-fund of Global Private Credit Umbrella Unit Trust</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Barings LLC</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">1500 Main Street &#x2013; Suite 2200</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 15189</font></p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Springfield, MA 01115-5189</font></p>
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 18pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">Tax Identification No: N/A&nbsp; </font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">69</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">730 Third Avenue</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">New York, New York 10017</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$20,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$20,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on or in respect of the Notes shall be made in immediately available funds on the due date by electronic funds transfer, through the Automated Clearing House System, to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account Name:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">For Further Credit to the Account Number:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference:&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;">(Series A due 3/13/2026)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;">(Series B due 3/13/2029)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Maturity Date:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/Interest Rate:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%/P&amp;I Breakdown</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payment Notices</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices with respect to payments and prepayments of the Notes shall be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Teachers Insurance and Annuity Association of America</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">730 Third Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">New York, New York 10017</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attention: Securities Accounting Division</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Phone: (212) 916-5504</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Facsimile: (212) 916-4699</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">With a copy to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P.O. Box 35308</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Newark, New Jersey 07101</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Contemporaneous written confirmation of any electronic funds transfer shall be sent to the above addresses setting forth (1) the full name, private placement number, interest rate and maturity date of the Notes, (2) allocation of payment between principal, interest, Make-Whole Amount, other premium or any special payment and (3) the name and address of the bank from which such electronic funds transfer was sent.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">70</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;text-decoration:underline;"></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Notices and Communications</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and communications, including notices with respect to payments and prepayments, shall be delivered or mailed to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Teachers Insurance and Annuity Association of America</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Nuveen Alternatives Advisors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">8500 Andrew Carnegie Blvd </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Charlotte, NC&nbsp;&nbsp;28262</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attention: Global Private Markets </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Telephone:&nbsp;&nbsp;(212) 916-4000 (General Number)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Facsimile:&nbsp;&nbsp;(704) 988-</font><a name="Text11"></a><font style="display: inline;">4916</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Taxpayer Identification Number</font><font style="display: inline;">:&nbsp; </font><font style="display: inline;font-size:10pt;">[ ** ] [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Physical Delivery of Notes:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JPMorgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4 Chase Metrotech Center</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">3rd Floor</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Brooklyn, New York 11245-0001</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attention: Physical Receive Department</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">For TIAA A/C # [ ** ] </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">With</font><font style="display: inline;"> a copy to (include note, transmittal letter &amp; tracking information)</font><font style="display: inline;text-decoration:underline;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">71</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$10,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$5,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 63.35pt 0pt 90pt;line-height:11pt;text-indent:-54pt;text-align:justify;text-justify:inter-ideograph;font-weight:bold;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">PRIVATE PLACEMENTS &#x2013; ELI ACCT</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">1.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Please wire all payments as follows.&nbsp;&nbsp;To ensure accurate and timely posting of principal and interest, please include all relevant information on the wire.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">ABA # </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Account #: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Ref: 187242, PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:9pt;color:#000000;">(Series A 4.07% due 3/13/2026) or PPN </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;color:#000000;font-size:9pt;">432* AB7</font><font style="display: inline;font-size:9pt;color:#000000;"> (Series B 4.25% due 3/13/2029), and Breakdown (P&amp;I)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">2.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">Original</font><font style="display: inline;font-size:9pt;color:#000000;"> physical notes &amp; certificates should be delivered as follows:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:9pt;color:#000000;font-size:5pt;vertical-align:super;line-height:10pt">th</font><font style="display: inline;font-size:9pt;color:#000000;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Attn: BNY Mellon/Branch Deposit Department </font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">Ref: </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">&nbsp;</font><font style="display: inline;font-size:9pt;color:#000000;">(very important)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">3.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">DTC Settlement Instructions :</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">DTC Participant # </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font><font style="display: inline;font-size:9pt;color:#000000;">Agent Bank # 26088</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Institution # </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Interested Party # </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Account # </font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">4.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">Original</font><font style="display: inline;font-size:9pt;color:#000000;"> documents and </font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">copies</font><font style="display: inline;font-size:9pt;color:#000000;"> of notes and certificates, notices, waivers, amendments and consents should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">a)</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">PPM America, Inc.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">225 West Wacker Drive, Suite 1200</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Chicago, IL 60606-1228</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Attn: Private Placements &#x2013; [ ** ]</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Phone: (312) 634-7853, Fax: (312) 634-0054</font><font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Email</font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;"> PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Information should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">a)</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">PPM America, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">225 West Wacker Drive, Suite 1200</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Chicago, IL 60606-1228</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Attn: Private Placements &#x2013; [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Phone: (312) 634-7853, Fax: (312) 634-0054</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-indent:36pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Email: </font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;">PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">6.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Payment notices should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jackson National Life Insurance Company </font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;P O Box 392003</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attn: P &amp; I Department</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pittsburgh, PA 15251-9003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">7.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Legal name to appear on notes:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-weight:bold;font-size:9pt;color:#000000;">Jackson National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:8pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">8.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Jackson National Life Insurance Company was incorporated in Michigan on June 19, 1961.</font><font style="display: inline;font-size:9pt;color:#000000;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">EIN:</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:10pt;color:#000000;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;">Its address is:</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">One Corporate Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;"></font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Lansing, MI 48951</font>
		</p>
		<p style="margin:4pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;color:#000000;">9.</font><font style="display: inline;font-size:9pt;color:#000000;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;color:#000000;">Name of institution as it should appear in any publicity: PPM America, Inc.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">72</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
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		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
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					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-weight:normal;font-size:10.5pt;">&#xFEFF;</font></p>
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				<td valign="top" style="width:75.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
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				<td valign="top" style="width:122.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
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			<tr>
				<td valign="top" style="width:274.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F2F2F2;line-height:10pt;text-align:center;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-weight:bold;font-size:9pt;">PRIVATE PLACEMENTS &#x2013; MVA ACCT</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">1.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Please wire all payments as follows.&nbsp;&nbsp;To ensure accurate and timely posting of principal and interest, please include all relevant information on the wire.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Account #: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Ref: </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:9pt;"> PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:9pt;">(Series A 4.07% due 3/13/2026), and Breakdown (P&amp;I)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">2.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Original</font><font style="display: inline;font-size:9pt;"> physical notes &amp; certificates should be delivered as follows:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:9pt;font-size:5pt;vertical-align:super;line-height:10pt">th</font><font style="display: inline;font-size:9pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: BNY Mellon/Branch Deposit Department </font><font style="display: inline;font-weight:bold;font-size:9pt;">Ref: 187244 </font><font style="display: inline;font-size:9pt;">(very important)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">3.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">DTC Settlement Instructions :</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">DTC Participant # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Agent Bank # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Institution # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Interested Party # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Account # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">4.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Original</font><font style="display: inline;font-size:9pt;"> documents and </font><font style="display: inline;font-weight:bold;font-size:9pt;">copies</font><font style="display: inline;font-size:9pt;"> of notes and certificates, notices, waivers, amendments and consents should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">a)</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">PPM America, Inc.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">225 West Wacker Drive, Suite 1200</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Chicago, IL 60606-1228</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: Private Placements &#x2013; [ ** ]</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Phone: (312) 634-7853 Fax: (312) 634-0054</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-indent:36pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Email: </font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;">PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">5.&nbsp;&nbsp;Financial information should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">a)</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">PPM America, Inc.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">225 West Wacker Drive, Suite 1200</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Chicago, IL 60606-1228</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: Private Placements &#x2013; [ ** ]</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Phone: (312) 634-7853, Fax: (312) 634-0054</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-indent:36pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Email: </font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;">PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-indent:36pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">6.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Payment notices should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Jackson National Life Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">P O Box 392003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: P &amp; I Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Pittsburgh, PA 15251-9003</font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">7.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Legal name to appear on notes:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Jackson National Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">8.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Jackson National Life Insurance Company was incorporated in Michigan on June 19, 1961.</font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">EIN:</font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Its address is:</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">One Corporate Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Lansing, MI 48951</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">9.</font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Name of institution as it should appear in any publicity: </font><font style="display: inline;font-weight:bold;font-size:9pt;">PPM America, Inc.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">73</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.45pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-weight:normal;font-size:10.5pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:75.80pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:122.25pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Jackson National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$15,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F2F2F2;line-height:10pt;text-align:center;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-weight:bold;font-size:9pt;">PRIVATE PLACEMENTS &#x2013; GIC ACCT</font>
		</p>
		<p style="margin:0pt;line-height:6pt;text-align:center;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-weight:bold;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">1.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Please wire all payments as follows.&nbsp;&nbsp;To ensure accurate and timely posting of principal and interest, please include all relevant information on the wire.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">ABA # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Account #: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Ref: </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:9pt;">, PPN </font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;color:#000000;font-size:9pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:9pt;">(Series B 4.25% due 3/13/2029), and Breakdown (P&amp;I)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">2.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Original</font><font style="display: inline;font-size:9pt;"> physical notes &amp; certificates should be delivered as follows:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">570 Washington Blvd - 5th floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Jersey City, NJ&nbsp;&nbsp;07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: BNY Mellon/Branch Deposit Department Ref: 187243 (very important)</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">3.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">DTC Settlement Instructions :</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">DTC Participant # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Agent Bank # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Institution # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">Interested Party # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Account # </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">4.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Original</font><font style="display: inline;font-size:9pt;"> documents and </font><font style="display: inline;font-weight:bold;font-size:9pt;">copies</font><font style="display: inline;font-size:9pt;"> of notes and certificates, notices, waivers, amendments and consents should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">PPM America, Inc.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 West Wacker Drive, Suite 1200</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, IL 60606-1228</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attn: Private Placements &#x2013; [ ** ]</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phone: (312) 634-7853, Fax: (312) 634-0054</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Email: </font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;">PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">5.&nbsp;&nbsp;&nbsp;Financial information should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PPM America, Inc.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;225 West Wacker Drive, Suite 1200</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago, IL 60606-1228</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attn: Private Placements &#x2013; [ ** ]</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phone: (312) 634-7853, Fax: (312) 634-0054</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Email: </font><font style="display: inline;color:#0000FF;font-size:9pt;text-decoration:underline;">PPMAPrivateReporting@ppmamerica.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">6.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Payment notices should be sent to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Jackson National Life Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">c/o The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">P O Box 392003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Attn: P &amp; I Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Pittsburgh, PA 15251-9003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">7.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Legal name to appear on notes:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-weight:bold;font-size:9pt;">Jackson National Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">8.</font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Jackson National Life Insurance Company was incorporated in Michigan on June 19, 1961.</font><font style="display: inline;font-size:9pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">EIN:</font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">Its address is:&nbsp;&nbsp;One Corporate Way</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:-18pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;"></font><font style="display: inline;font-size:9pt;;font-size: 9pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 18pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Lansing, MI 48951</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:9pt;">9.</font><font style="display: inline;font-size:9pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 12.6pt 0pt 0pt;"></font><font style="display: inline;font-size:9pt;">Name of institution as it should appear in any publicity: PPM America, Inc.</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">74</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;">New York Life Insurance and Annuity Corporation</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$14,200,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$14,200,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically under clause 2 in the attached, please also send </font><font style="display: inline;font-weight:bold;">a copy </font><font style="display: inline;font-weight:bold;text-decoration:underline;">to:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:left;text-indent:0pt;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">75</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0.6pt 0pt 0pt 18pt;line-height:9.6pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:8.5pt;">NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:8.5pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">(Tax I.D. No. [ ** ] ) </font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 9pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:12.05pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All payments by wire or intrabank transfer of immediately available funds to:</font></font>
		</p>
		<p style="margin:7.05pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">ABA No. [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Swift Code: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Credit: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">General Account No. </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:7.25pt 0pt 0pt 28.8pt;line-height:9.75pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with sufficient information (including issuer, PPN number, interest rate, maturity and whether payment is of principal, premium, or interest) to identify the source and application of such funds,</font>
		</p>
		<p style="margin:6.85pt 7.2pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All notices of payments, written confirmations of such wire transfers and any audit confirmation:</font>
		</p>
		<p style="margin:7pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York Life Insurance and Annuity Corporation</font>
		</p>
		<p style="margin:0.3pt 0pt 0pt;line-height:9.5pt;text-indent:28.8pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.6pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor, Room 208</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York 10010-1603</font>
		</p>
		<p style="margin:0pt 0pt 0pt 54pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Investment Services</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.4pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Private Group</font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 111.6pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.6pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:7pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:7.05pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:8.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:8.5pt;">&nbsp;</font>
		</p>
		<p style="margin:5.2pt 18pt 0pt 28.8pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Any changes in the foregoing payment instructions shall be confirmed by e-mail to </font><font style="display: inline;font-family:Arial;font-size:8.5pt;">NYLIMWireConfirmation@nylim.com</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> prior to becoming effective.</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 9pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:12.05pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All other communications:</font></font>
		</p>
		<p style="margin:5.4pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York Life Insurance and Annuity Corporation</font>
		</p>
		<p style="margin:0.25pt 0pt 0pt;line-height:9.6pt;text-indent:28.8pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.65pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor, Room 208</font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York 10010-1603</font>
		</p>
		<p style="margin:0pt 0pt 0pt 54pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Private Capital Investors</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.55pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor</font>
		</p>
		<p style="margin:0.15pt 0pt 0pt 111.6pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:7pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:8.5pt;">&nbsp;</font>
		</p>
		<p style="margin:6.6pt 14.4pt 0pt 28.8pt;line-height:9.8pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">and with a copy of any notices regarding defaults or Events of Default under the operative documents to:</font>
		</p>
		<p style="margin:6.9pt 0pt 0pt 54pt;line-height:9.75pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Office of General Counsel</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Investment Section, Room 1016 </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 212-576-8340</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(3)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;;font-size: 8pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Note(s) to be registered in the name of: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">76</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:10pt;text-indent: -18pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">New York Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$5,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically under clause 2 in the attached, please also send a copy to:&nbsp;&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:left;text-indent:0pt;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">77</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:1.05pt 0pt 0pt 21.6pt;line-height:9.4pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:8.5pt;">NEW YORK LIFE INSURANCE COMPANY </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:8.5pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">(Tax I.D. No. [ ** ]) </font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(1)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;;font-size: 8pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All payments by wire or intrabank transfer of immediately available funds to:</font>
		</p>
		<p style="margin:5.25pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York 10019</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">ABA No. [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Swift Code: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0.4pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Credit: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">General Account No</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:5.35pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with sufficient information (including issuer, PPN number, interest rate, maturity and whether payment is of principal, premium, or interest) to identify the source and application of such funds.</font>
		</p>
		<p style="margin:5.6pt 7.2pt 0pt 28.8pt;line-height:9.45pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All notices of payments, written confirmations of such wire transfers and any audit confirmation:</font>
		</p>
		<p style="margin:5.3pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York Life Insurance Company</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 28.8pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.55pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor, Room 208</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York 10010-1603</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 54pt;line-height:9.8pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Investment Services</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Private Group</font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.6pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:5.25pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:8.5pt;">&nbsp;</font>
		</p>
		<p style="margin:7.25pt 14.4pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Any changes in the foregoing payment instructions shall be confirmed by e-mail to </font><font style="display: inline;font-family:Arial;font-size:8.5pt;">NYLIMWireConfirmation@nylim.com</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> prior to becoming effective.</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(2)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;;font-size: 8pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">All other communications:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York Life Insurance Company</font>
		</p>
		<p style="margin:0.15pt 0pt 0pt 28.8pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.65pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor, Room 208</font>
		</p>
		<p style="margin:0.15pt 0pt 0pt 28.8pt;line-height:9.55pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">New York, New York 10010</font>
		</p>
		<p style="margin:0pt 0pt 0pt 54pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Private Capital Investors</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.6pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;font-size:4pt;vertical-align:super;line-height:9.6pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"> Floor</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 111.6pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:5.35pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0.15pt 0pt 0pt 28.8pt;line-height:9.65pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:5pt 14.4pt 0pt 28.8pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">and with a copy of any notices regarding defaults or Events of Default under the operative documents to:</font>
		</p>
		<p style="margin:5.2pt 0pt 0pt 54pt;line-height:9.8pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:26.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Office of General Counsel</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Investment Section, Room 1016 </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Fax #: 212-576-8340</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">(3)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;;font-size: 8pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.2pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">Note(s) to be registered in the name of: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">78</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:288.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:288.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:normal;font-size:11pt;">The Bank of New York Mellon, a banking corporation organized under the laws of New York, not in its individual capacity but solely as Trustee under that certain Trust Agreement dated as of July 1st, 2015 between </font><font style="display: inline;font-size:11pt;">New York Life Insurance Company</font><font style="display: inline;font-weight:normal;font-size:11pt;">, as Grantor, John Hancock Life Insurance Company (U.S.A.), as Beneficiary, John Hancock Life Insurance Company of New York, as Beneficiary, and The Bank of New York Mellon, as Trustee</font></p>
					<p style="margin:0pt;line-height:12pt;font-weight:bold;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Hare &amp; Co, LLC (as nominee for the NYL- JH Trust)</font></p>
				</td>
				<td valign="top" style="width:67.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$600,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$600,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically under clause 2 in the attached, please also send a copy to:&nbsp;&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:left;text-indent:0pt;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">79</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0.65pt 0pt 0pt;line-height:8.75pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">The Bank of New York Mellon, a banking corporation organized under the laws of New York, not in </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">its individual capacity but solely as Trustee under that certain Trust Agreement dated as of July </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">1st, 2015 between New York Life Insurance Company, as Grantor, John Hancock Life Insurance </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">Company (U.S.A.), as Beneficiary, John Hancock Life Insurance Company of New York, as </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">Beneficiary, and The Bank of New York Mellon, as Trustee</font>
		</p>
		<p style="margin:0.25pt 0pt 0pt;line-height:17.45pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(Note(s) to be registered in the name of "Hare &amp; Co, LLC.") </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">(Tax I.D. No. [ ** ] ) </font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(1)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 13pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All payments by wire or intrabank transfer of immediately available funds to:</font>
		</p>
		<p style="margin:7.05pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 25.2pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">ABA [ **] </font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Swift Code: [ **]</font>
		</p>
		<p style="margin:0.15pt 0pt 0pt 25.2pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ **]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ **]</font>
		</p>
		<p style="margin:6.75pt 14.4pt 0pt 25.2pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Payments should include the following information in the field for details of payment: [ **]</font>
		</p>
		<p style="margin:6.6pt 0pt 0pt 25.2pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All notices of payments, written confirmations of such wire transfers and any audit confirmation:</font>
		</p>
		<p style="margin:7.05pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">BNY Mellon</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">US Income</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.65pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2 Hanson Place</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.65pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Private placement Dept 10th floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Brooklyn, NY 11217</font>
		</p>
		<p style="margin:0.2pt 219.6pt 0pt 25.2pt;line-height:17.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">with a copy sent electronically to: [ **]</font>
		</p>
		<p style="margin:8.9pt 54pt 0pt 25.2pt;line-height:8.7pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Any changes in the foregoing payment instructions shall be confirmed by e-mail to [ **] prior to becoming effective.</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(2)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 13pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All other communications:</font>
		</p>
		<p style="margin:8.7pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 25.2pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.8pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor, Room 208</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York, New York 10010</font>
		</p>
		<p style="margin:0pt 0pt 0pt 54pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:23.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Private Capital Investors</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.75pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:8.75pt 0pt 0pt 25.2pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 25.2pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ **]</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:8pt 25.2pt 0pt;line-height:9.2pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">and with a copy of any notices regarding defaults or Events of Default under the operative documents to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">80</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent: -72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">Attention</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">:</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 45pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Office of General Counsel </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Investment Section, Room 1016 </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax #: 212-576-8340</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent: -72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(3)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Note(s) to be registered in the name of: Hare &amp; Co, LLC.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(4)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Physical address for notes delivery.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Address for Mailing Certificates:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">570 Washington Blvd - 5th floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Attn: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Account # [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 25.2pt;vertical-align:baseline;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">81</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:288.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:288.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">New York Life Insurance and Annuity Corporation institutionally owned life insurance separate account (</font><font style="display: inline;font-family:Arial;text-transform:uppercase;color:#000000;font-size:10pt;">[ ** ]</font><font style="display: inline;text-transform:uppercase;font-size:11pt;">)</font></p>
				</td>
				<td valign="top" style="width:67.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$200,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$200,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically under clause 2 in the attached, please also send a copy to:&nbsp;&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">82</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-weight:bold;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;line-height:9.35pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">NEW YORK LIFE INSURANCE AND ANNUITY CORPORATION </font><br /><font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">INSTITUTIONALLY OWNED LIFE INSURANCE SEPARATE ACCOUNT (BOLI 30E)</font>
		</p>
		<p style="margin:10.2pt 0pt 0pt;line-height:9.15pt;text-align:center;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">(Tax I.D. No. [ ** ]) </font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 36pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(1)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 13pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All payments by wire or intrabank transfer of immediately available funds to:</font>
		</p>
		<p style="margin:5.25pt 0pt 0pt 36pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York, New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">ABA No. </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Swift Code: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">General Account No. </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:4.95pt 10.8pt 0pt 36pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">with sufficient information (including issuer, PPN number, interest rate, maturity and whether payment is of principal, premium, or interest) to identify the source and application of such funds, with advice of such payments to:</font>
		</p>
		<p style="margin:4.9pt 0pt 0pt 36pt;line-height:9.1pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All notices of payments, written confirmations of such wire transfers and any audit confirmation:</font>
		</p>
		<p style="margin:5.05pt 0pt 0pt 36pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York Life Insurance and Annuity Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Institutionally Owned Life Insurance Separate Account</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">c/o NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.8pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor Room 208</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York, New York 10010-1603</font>
		</p>
		<p style="margin:0pt 0pt 0pt 57.6pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:20pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Investment Services</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Private Group</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 111.6pt;line-height:8.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.75pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor Room 201 </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:8.8pt 0pt 0pt 36pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:4.95pt 43.2pt 0pt 36pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Any changes in the foregoing payment instructions shall be confirmed by e-mail to [ ** ] prior to becoming effective.</font>
		</p>
		<p style="margin:6.85pt 0pt 0pt 36pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(2)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 13pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All other communications:</font>
		</p>
		<p style="margin:5.1pt 0pt 0pt 36pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York Life Insurance and Annuity Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Institutionally Owned Life Insurance Separate Account</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 36pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">do NYL Investors LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">51 Madison Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.8pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.8pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor Room 208</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:8.7pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York, New York 10010-1603</font>
		</p>
		<p style="margin:0pt 0pt 0pt 57.6pt;line-height:8.85pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:20pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Private Capital Investors</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:8.65pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">2</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;font-size:5pt;vertical-align:super;line-height:8.65pt">nd</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 111.6pt;line-height:8.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax #: 908-840-3385</font>
		</p>
		<p style="margin:8.75pt 0pt 0pt 36pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">with a copy sent electronically to:</font>
		</p>
		<p style="margin:0.55pt 0pt 0pt 36pt;line-height:8.95pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:13.15pt 18pt 0pt 36pt;line-height:9.3pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">and with a copy of any notices regarding defaults or Events of Default under the operative documents to:</font>
		</p>
		<p style="margin:4.85pt 0pt 0pt 111.6pt;line-height:8.8pt;text-indent: -54pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">Attention:</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 24pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Office of General Counsel </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Investment Section, Room 1016 </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax #: 212-576-8340</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(3)</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Note(s) to be registered in the name of: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">83</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:00.00pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt 1.2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Nationwide</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Life</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Insurance</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$20,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Tax</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">I.D.</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;"># [ ** ] </font>
		</p>
		<p style="margin:0pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">Send</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">financial, </font><font style="display: inline;font-family:Times New Roman;">compliance</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">reports</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">and</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">all other</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">communications</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">to:</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;"> Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investments</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&#x2013;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Private</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">E-mail:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">One</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Plaza</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">(1-05-801)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Columbus,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">OH</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">43215-2220</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">Wiring</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">instructions:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Bank</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">New</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">York</font><font style="display: inline;"> Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">#</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">BNF:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Acct</font><font style="display: inline;">&nbsp;</font><font style="display: inline;"># &nbsp;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Security</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Description: Series A 4.07% due 3/13/2026</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">All</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">notices</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">of</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">payment</font><font style="display: inline;font-family:Times New Roman;"> on</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">or</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">in</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">respect</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">to</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">the</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">security</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">should</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">be</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">sent</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;"> Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Bank</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">New</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">York</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">P&amp;I</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P.O.</font><font style="display: inline;"> Box 392003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Pittsburgh</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">PA</font><font style="display: inline;"> 15251</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">With</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">a</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">copy</font><font style="display: inline;font-family:Times New Roman;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;"> Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investments</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">-</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investment</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Operations</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">One</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Plaza</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">(1-05-401)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Columbus,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">OH</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">43215-2220</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">original</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">note</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">should</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">be</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">registered</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">in</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">name</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-weight:bold;">Nationwide</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Life</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Insurance</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Company</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">delivered</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Depository</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Trust</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Washington</font><font style="display: inline;"> Blvd</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&#x2013;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">5</font><font style="display: inline;">th</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">City,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">NJ</font><font style="display: inline;"> 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">BNY Mellon/Branch</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Deposit</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">F/A/O </font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Co.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Acct</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">#</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">84</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt 1.2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">Nationwide</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Life</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">and</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Annuity</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Insurance</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Company</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.45pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Tax</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">I.D.</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">#</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Send</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">financial, </font><font style="display: inline;">compliance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">reports</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">all other</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">communications</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to:</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:10pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;"> Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Annuity</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide </font><font style="display: inline;">Investments</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&#x2013;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Private</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">E-mail:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">ooinwpp@nationwide.com</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">One</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Plaza</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">(1-05-801)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Columbus,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">OH</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">43215-2220</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Wiring</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">instructions:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Bank</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">New</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">York</font><font style="display: inline;"> Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">#</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">BNF:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account</font><font style="display: inline;">&nbsp;</font><font style="display: inline;"># &nbsp;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">P</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&amp;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">I</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Security</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Description:&nbsp;&nbsp;Series B 4.25% due 3/13/2029</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">notices</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">payment</font><font style="display: inline;"> on</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">or</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">in</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">respect</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">security</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">should</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">be</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">sent</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;"> Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Annuity</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Bank</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">New</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">P &amp;</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">I</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P.O.</font><font style="display: inline;"> Box 392003</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Pittsburgh,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">PA</font><font style="display: inline;"> 15251</font>
		</p>
		<p style="margin:0pt;line-height:10pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">With</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">a</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">copy</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Annuity</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investments</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">-</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Investment</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Operations</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">One</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Plaza</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">(1-05-401)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Columbus,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">OH</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">43215-2220</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">original</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">note</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">should</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">be</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">registered</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">in</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">the</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">name</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">of</font><font style="display: inline;">&nbsp;</font><font style="display: inline;font-weight:bold;">Nationwide</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Life</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">and</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Annuity</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Insurance</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;">Company </font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">delivered</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Depository</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Trust</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Washington</font><font style="display: inline;"> Blvd.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">&#x2013; 5</font><font style="display: inline;">th</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">City,</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">NJ</font><font style="display: inline;"> 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">BNY</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Mellon/Branch</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Deposit</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">F/A/O </font><font style="display: inline;">Nationwide</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Life</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">and</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Annuity</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Insurance</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Co.</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">Acct</font><font style="display: inline;">&nbsp;</font><font style="display: inline;">#[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">85</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">STATE FARM LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$19,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">$10,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:232pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;"></font><font style="display: inline;font-weight:bold;font-size:11pt;">STATE FARM LIFE INSURANCE COMPANY</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:190pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;font-weight:bold;font-size:11pt;">TAX ID #</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:103pt;"><font style="display: inline;font-weight:bold;font-size:11pt;">Participation/Series:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font><a name="Text1"></a><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-size:11pt;">$19,000,000/</font><a name="Text2"></a><font style="display: inline;font-size:11pt;">4.07% Senior Notes due March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">$10,000,000/4.25% Senior Notes due March 13, 2029</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Wire Transfer Instructions:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:9pt;"></font><font style="display: inline;font-size:11pt;">JPMorganChase</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">ABA#</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">A/C#</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For further credit to:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt -36.6pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">State Farm Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Custody Account # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:165pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:21pt;text-align:left"><font style="display: inline;font-size:11pt;">RE:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Paychex, Inc. 4.07% Senior Notes due March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Maturity Date: March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Paychex, Inc. 4.25% Senior Notes due March 13, 2029</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Maturity Date: March 13, 2029</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send notices, financial statements, officer&#x2019;s certificates and other correspondence to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">State Farm Life Insurance Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Investment Dept. E-8</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One State Farm Plaza</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bloomington, IL&nbsp;&nbsp;&nbsp;61710</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:11pt;">If by E-Mail:</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt -6.900002pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send confirms to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">State Farm Life Insurance Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Investment Accounting Dept. D-3</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One State Farm Plaza</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bloomington, IL&nbsp;&nbsp;&nbsp;61710</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send the original security (via registered mail) to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:100%;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JPMorgan Chase Bank, N.A.</font><br /><font style="display: inline;font-size:11pt;">4 Chase Metrotech Center</font><br /><font style="display: inline;font-size:11pt;">3rd Floor</font><br /><font style="display: inline;font-size:11pt;">Brooklyn, New York 11245-0001</font><br /><font style="display: inline;font-size:11pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">86</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -4.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">STATE FARM LIFE AND ACCIDENT ASSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:75.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.45pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:232pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;"></font><font style="display: inline;font-weight:bold;font-size:11pt;">STATE FARM LIFE AND ACCIDENT ASSURANCE COMPANY</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:188pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:center"><font style="display: inline;font-weight:bold;font-size:11pt;">TAX ID #</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:103pt;"><font style="display: inline;font-weight:bold;font-size:11pt;">Participation/Series:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">$1,000,000/4.07% Senior Notes due March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:11pt;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Wire Transfer Instructions:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;font-size:9pt;"></font><font style="display: inline;font-size:11pt;">JPMorganChase</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">ABA#</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">A/C#</font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For further credit to:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt -36.6pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">State Farm Life and Accident Assurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Custody Account # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:165pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:21pt;text-align:left"><font style="display: inline;font-size:11pt;">RE:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Paychex, Inc. 4.07% Senior Notes due March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Maturity Date: March 13, 2026</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 144pt;text-indent: -144pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:-144pt; padding-right:178pt;"></font><font style="text-indent:0pt;margin-left:-144pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send notices, financial statements, officer&#x2019;s certificates and other correspondence to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">State Farm Life and Accident Assurance Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Investment Dept. E-8</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One State Farm Plaza</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bloomington, IL&nbsp;&nbsp;&nbsp;61710</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:11pt;">If by E-Mail:</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt -6.900002pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send confirms to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">State Farm Life and Accident Assurance Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Investment Accounting Dept. D-3</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One State Farm Plaza</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bloomington, IL&nbsp;&nbsp;&nbsp;61710</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">Send the original security (via registered mail) to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JPMorgan Chase Bank, N.A.</font><br /><font style="display: inline;font-size:11pt;">4 Chase Metrotech Center</font><br /><font style="display: inline;font-size:11pt;">3rd Floor</font><br /><font style="display: inline;font-size:11pt;">Brooklyn, New York 11245-0001</font><br /><font style="display: inline;font-size:11pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:5pt 0pt 5pt 36pt;border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Account: </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">87</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$7,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:27.90pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Aggregate Principal</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(1)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to: </font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">JP Morgan Chase Bank, NA</font><font style="font-family:Times;font-size:10pt;display: inline;"></font><font style="display: inline;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">ABA No. </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account No. </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10pt;">(please do not include spaces) (in the case of payments on account of the Note originally issued in the principal amount of $7,500,000) </font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.07% Senior Notes, Series A due March 13, 2026, Security No. </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font><font style="display: inline;font-size:10pt;"> and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made. </font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Retirement Insurance and Annuity Company</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr.</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font><br /><font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President &amp; Corporate Counsel</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Retirement Insurance and Annuity Company</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o PGIM, Inc.</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Tower</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">655 Broad Street</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">14th Floor - South Tower</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Newark, NJ 07102</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(3)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for Delivery of Notes:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent: -35.1pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 26pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery service to:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">PGIM, Inc.</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">655 Broad Street</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">14th Floor - South Tower</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Newark, NJ 07102</font></p>
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent:0.9pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent:0.9pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send copy by email to:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(4)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Tax Identification No.:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">88</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Pensionskasse des Bundes PUBLICA</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$7,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Aggregate Principal</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Pensionskasse des Bundes PUBLICA</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(1)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to: </font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;background-color: #auto;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Correspondent Bank:&nbsp;&nbsp;JPMorgan New York</font><font style="font-family:Times;font-size:10pt;display: inline;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Correspondent Bank Swift Code:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Beneficiary Bank:&nbsp;&nbsp;JPMorgan Chase Bank, N.A., London</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">SWIFT BIC:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account Number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">FFC Beneficiary Acct. Name:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">FFC Beneficiary Acct. Number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Note:&nbsp;&nbsp;Remitting Bank should send a direct advice of payment and </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;"> to </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;font-size:10pt;"> detailing full and final beneficiary.</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.07% Senior Notes. Series A due March 13, 2026, PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&#x201D; and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made.</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Private Placement Investors, L.P.</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr.</font><br /><font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font><br /><font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President &amp; Corporate Counsel</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments and written confirmations of wire transfers to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments and written confirmations of wire transfers to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(3)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for Delivery of Notes:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">service to:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">JPMorgan Chase Bank, N.A.</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">4 Chase Metrotech Center, 3rd Floor</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Brooklyn, NY 11245-0001</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Physical Receive Department</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent:0.9pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Please include in the cover letter accompanying the Notes a reference to the Purchaser's account number </font></p>
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent:0.9pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">(</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">).</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send copy by email:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">and</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">89</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">ZURICH AMERICAN INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$7,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Aggregate Principal</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">ZURICH AMERICAN INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$7,500,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Notes/Certificates to be registered in the name of:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Hare &amp; Co., LLC</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(1)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to: </font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">The Bank of New York Mellon</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">ABA No:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account No.:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.25% Senior Notes, Series B due March 13, 2029, PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&#x201D; and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made.</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Private Placement Investors, L.P.</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr</font><br /><font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font><br /><font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President and Corporate Counsel</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments and written confirmations of wire transfers to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Zurich North America</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attn:&nbsp;&nbsp;Treasury 3rd Flr West Bar</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1299 Zurich Way</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Schaumburg, IL 60196</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Contact:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">90</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:468.00pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(3)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for Delivery of Notes:</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">service to:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">The Depository Trust Company</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">570 Washington Blvd - 5th floor</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;BNY Mellon/Branch Deposit Department</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent:0.9pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Please include in the cover letter accompanying the Notes a reference to the Purchaser's account number (Zurich American Insurance Co.-Private Placements; Account Number:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">).</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send copy by email:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(4)</font></p>
				</td>
				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Tax Identification No.:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:23.40pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
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				<td valign="top" style="width:269.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:175.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">91</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
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			<tr>
				<td valign="top" style="width:27.90pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Aggregate Principal</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$5,000,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(1)</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to: </font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">JP Morgan Chase Bank, NA</font><font style="font-family:Times;font-size:10pt;display: inline;"></font><font style="display: inline;font-size:10pt;"> &nbsp; &nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">ABA No. </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Account Name:&nbsp;&nbsp;PRIAC - SA - Principal Preservation - Privates</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account No.</font><font style="display: inline;"> [ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10pt;"> (please do not include spaces) (in the case of payments on account of the Note originally issued in the principal amount of $5,000,000) </font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.25% Senior Notes, Series B due March 13, 2029, Security No. </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">, PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&#x201D; and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made. </font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:27.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:273.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Retirement Insurance and Annuity Company</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr.</font><br /><font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font><br /><font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President and Corporate Counsel</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Retirement Insurance and Annuity Company</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o PGIM, Inc.</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Tower</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">655 Broad Street</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">14th Floor - South Tower</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Newark, NJ 07102</font></p>
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						<font style="display: inline;font-size:10pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
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						<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;">[ ** ]</font></p>
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					<p style="margin:0pt 0pt 0pt 35.1pt;text-indent: -35.1pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(a)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 26pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery service to:</font></p>
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						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">PGIM, Inc.</font></p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">655 Broad Street</font></p>
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						<font style="display: inline;font-size:10pt;">14th Floor - South Tower</font></p>
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						<font style="display: inline;font-size:10pt;">Newark, NJ 07102</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-size:10pt;">Attention:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
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						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(b)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Send copy by email to:</font></p>
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						&nbsp;</p>
					<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
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						<font style="display: inline;font-size:10pt;">Tax Identification No.:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
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			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">92</font><font style="display: inline;"></font>

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			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

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						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
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						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
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						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">GIBRALTAR UNIVERSAL LIFE REINSURANCE COMPANY</font></p>
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						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
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				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$1,250,000&nbsp;
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						&nbsp;</p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased</font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">GIBRALTAR UNIVERSAL LIFE REINSURANCE COMPANY</font></p>
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						<font style="display: inline;font-weight:bold;font-size:10pt;">$1,250,000</font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(1)</font></p>
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						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to:</font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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						&nbsp;</p>
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						<font style="display: inline;font-size:10pt;">Citibank N.A.</font><font style="display: inline;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY</font></p>
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						<font style="display: inline;font-size:10pt;">ABA No.: </font><font style="display: inline;">[ ** ]</font></p>
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						<font style="display: inline;font-size:10pt;">Account Name: </font><font style="display: inline;">[ ** ]</font></p>
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						<font style="display: inline;font-size:10pt;">Account No.: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></p>
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						&nbsp;</p>
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						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.25% Senior Notes, Series B due March 13, 2029, Security No. </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">, PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&#x201D;, and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made.</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
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					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Gibraltar Universal Life Reinsurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr.</font><br /><font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font><br /><font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President and Corporate Counsel</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments and written confirmations of wire transfers to</font><font style="display: inline;font-size:10pt;">:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Gibraltar Universal Life Reinsurance Company</font><br /><font style="display: inline;font-size:10pt;">c/o PGIM, Inc.</font><br /><font style="display: inline;font-size:10pt;">Prudential Tower</font><br /><font style="display: inline;font-size:10pt;">655 Broad Street</font><br /><font style="display: inline;font-size:10pt;">14th Floor - South Tower</font><br /><font style="display: inline;font-size:10pt;">Newark, NJ 07102</font><br /><font style="display: inline;font-size:10pt;"></font><br /><font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;PIM Private Accounting Processing Team</font><br /><font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">93</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:468.00pt;margin-left:4.5pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(3)</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for Delivery of Notes:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(a)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery service to:</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">PGIM, Inc.</font><br /><font style="display: inline;font-size:10pt;">655 Broad Street</font><br /><font style="display: inline;font-size:10pt;">14th Floor - South Tower</font><br /><font style="display: inline;font-size:10pt;">Newark, NJ 07102</font><br /><font style="display: inline;font-size:10pt;"></font><br /><font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Trade Management Manager</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(b)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Send copy by email to:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(4)</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Tax Identification No.:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:166.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">94</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL TERM REINSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$1,250,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Aggregate Principal</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Amount of Notes</font></p>
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">to be Purchased </font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">PRUDENTIAL TERM REINSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$1,250,000</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(1)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">All payments on account of Notes held by such purchaser shall be made by wire transfer of immediately available funds for credit to:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
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					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Citibank N.A.</font><font style="display: inline;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">New York, NY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">ABA No.</font><font style="display: inline;"> [ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;height:59.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;height:59.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account Name: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Account No.: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10pt;"> &nbsp; &nbsp;</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(in the case of payments on account of the Note originally issued in the principal amount of $1,250,000)</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;height:59.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;overflow: hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Each such wire transfer shall set forth the name of the Company, a reference to &#x201C;4.25% Senior Notes, Series B due March 13, 2029, Security No. </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">, PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&#x201D; and the due date and application (as among principal, interest and Make-Whole Amount) of the payment being made.</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(2)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for all communications and notices:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Prudential Term Reinsurance Company</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">c/o Prudential Capital Group</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">1114 Avenue of the Americas, 30</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Flr.</font><br /><font style="display: inline;font-size:10pt;">New York, NY 10036</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
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				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Managing Director</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">cc:&nbsp;&nbsp;Vice President and Corporate Counsel</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;text-decoration:underline;">and for all notices relating solely to scheduled principal and interest payments to</font><font style="display: inline;font-size:10pt;">:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:438.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Prudential Term Reinsurance Company</font><br /><font style="display: inline;font-size:10pt;">c/o PGIM, Inc.</font><br /><font style="display: inline;font-size:10pt;">Prudential Tower</font><br /><font style="display: inline;font-size:10pt;">655 Broad Street</font><br /><font style="display: inline;font-size:10pt;">14th Floor - South Tower</font><br /><font style="display: inline;font-size:10pt;">Newark, NJ 07102</font><br /><font style="display: inline;font-size:10pt;"></font><br /><font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;PIM Private Accounting Processing Team</font><br /><font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">95</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(3)</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Address for Delivery of Notes:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(a)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Send physical security by nationwide overnight delivery service to:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td colspan="2" valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:407.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">PGIM, Inc.</font><br /><font style="display: inline;font-size:10pt;">655 Broad Street</font><br /><font style="display: inline;font-size:10pt;">14th Floor - South Tower</font><br /><font style="display: inline;font-size:10pt;">Newark, NJ 07102</font><br /><font style="display: inline;font-size:10pt;"></font><br /><font style="display: inline;font-size:10pt;">Attention:&nbsp;&nbsp;Trade Management Manager</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">(b)</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Send copy by email to:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:31.45pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:236.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:33.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">(4)</font></p>
				</td>
				<td colspan="2" valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:267.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10pt;">Tax Identification No.: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:171.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">96</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">THRIVENT FINANCIAL FOR LUTHERANS</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10.5pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$20,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10.5pt;">$10,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:8pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Payments to:</font>
		</p>
		<p style="margin:0pt;line-height:8pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">ABA # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">DDA # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">Fund Number: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">Fund Name: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">All payments must include the following information:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;">Security Description: Series A 4.07% due 3/13/2026 </font><font style="display: inline;font-size:10.5pt;text-decoration:underline;">or</font><font style="display: inline;font-size:10.5pt;"> Series B 4.25% due 3/13/2029</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">(Series A) </font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10.5pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10.5pt;">(Series B)</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Reference Purpose of Payment</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Interest and/or Principal Breakdown</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Notices of payments and written confirmation of such wire transfers to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Investment Division-Private Placements</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attn: Christopher Patton</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Thrivent Financial for Lutherans</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">625 Fourth Avenue South</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Minneapolis, MN 55415</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Fax: (612) 844-4027</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">Email: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">With a copy to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attn: Jeremy Anderson or Harmon Bergenheier</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Thrivent Financial for Lutherans</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">625 Fourth Avenue South</font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Minneapolis, MN 55415</font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;">Email: </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">All other communications to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Thrivent Financial for Lutherans</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Attn:&nbsp;&nbsp;Investment Division-Private Placements</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">625 Fourth Avenue South</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Minneapolis, MN&nbsp;&nbsp;55415</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Fax:&nbsp;&nbsp;(612) 844-4027</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Email: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;"></font><font style="display: inline;font-size:10.5pt;"></font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Issue Notes in name of:</font>
		</p>
		<p style="margin:0pt;line-height:8pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Taxpayer ID Number(s):</font>
		</p>
		<p style="margin:0pt;line-height:8pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10.5pt;">Private Placement Notes sent to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<a name="_Hlk520100874"></a><font style="display: inline;font-size:10.5pt;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Newport Office Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Attn: 5th floor / NY Window / Robert Mendez</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">Ref: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;"> Fund Name:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;"> Fund Number:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">With a .pdf copy to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10.5pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">&nbsp;</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">97</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Insurance</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Company</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Illinois</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:9pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:9pt;">A</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:9pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;line-height:12pt;text-align:right;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">$5,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:4pt;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.75pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">Taxpayer</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">I</font><font style="display: inline;font-family:Arial;font-size:9pt;">.</font><font style="display: inline;font-family:Arial;font-size:9pt;">D</font><font style="display: inline;font-family:Arial;font-size:9pt;">. &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Number</font><font style="display: inline;font-family:Arial;font-size:9pt;">: &nbsp;</font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(1)&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">All</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">payments</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">by</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">wire</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">transfe</font><font style="display: inline;font-family:Arial;font-size:9pt;">r</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">immediately</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;height:13.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">available</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">funds</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">to</font><font style="display: inline;font-family:Arial;font-size:9pt;">:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">JP</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Morgan</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Chase</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 </font><font style="display: inline;font-family:Arial;font-size:9pt;">New</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">York</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Plaza</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">New</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">York</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">New</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">York</font><font style="display: inline;font-family:Arial;font-size:9pt;"> 10004</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Bank</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">ABA</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">No</font><font style="display: inline;font-family:Arial;font-size:9pt;">. &nbsp;</font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">A</font><font style="display: inline;font-family:Arial;font-size:9pt;">/</font><font style="display: inline;font-family:Arial;font-size:9pt;">C</font><font style="display: inline;font-family:Arial;font-size:9pt;"> # </font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Attn</font><font style="display: inline;font-family:Arial;font-size:9pt;">: &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Bond</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Interest</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;/</font><font style="display: inline;font-family:Arial;font-size:9pt;">Principal</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;-</font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;height:15.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07% </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Senior</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Notes</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Due</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">March</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> 2026</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Prin</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;$</font><font style="display: inline;font-family:Arial;font-size:9pt;">___________Int</font><font style="display: inline;font-family:Arial;font-size:9pt;"> $ </font><font style="display: inline;font-family:Arial;font-size:9pt;">___________</font></p>
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					<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">with</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">sufficient</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">information</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">to</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">identify</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">the</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">source</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">and</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">application</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">such</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">funds</font><font style="display: inline;font-family:Arial;font-size:9pt;">.</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(2)&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">All</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">notices</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">payments</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">and</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">written</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">confirmations</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">such</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">wire</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">transfers</font><font style="display: inline;font-family:Arial;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Investment</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Management</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Company</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">c</font><font style="display: inline;font-family:Arial;font-size:9pt;">/</font><font style="display: inline;font-family:Arial;font-size:9pt;">o</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Investment</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Operations</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Mailing</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Address</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">One</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Plaza</font><font style="display: inline;font-family:Arial;font-size:9pt;"> - </font><font style="display: inline;font-family:Arial;font-size:9pt;">NP</font><font style="display: inline;font-family:Arial;font-size:9pt;">5</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Connecticut</font><font style="display: inline;font-family:Arial;font-size:9pt;"> 06155</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Telefacsimile</font><font style="display: inline;font-family:Arial;font-size:9pt;">: (860)297-8875/8876</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(3)&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">All</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">other</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">communications</font><font style="display: inline;font-family:Arial;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:8pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Investment</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Management</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Company</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">c</font><font style="display: inline;font-family:Arial;font-size:9pt;">/</font><font style="display: inline;font-family:Arial;font-size:9pt;">o</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Investment</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Department</font><font style="display: inline;font-family:Arial;font-size:9pt;">-</font><font style="display: inline;font-family:Arial;font-size:9pt;">Private</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Placements</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">E</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">-</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">mail</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Address</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">:&nbsp; </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">subject</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">to</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">confirming</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">copy</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">notice</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">being</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">sent</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">same</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">day</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">by</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">recognized</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">international</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">commercial</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">delivery</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">service</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;(</font><font style="display: inline;font-family:Arial;font-size:9pt;">charges</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">prepaid</font><font style="display: inline;font-family:Arial;font-size:9pt;">)</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">to</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">the</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">following</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">addresses</font><font style="display: inline;font-family:Arial;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Mailing</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Address</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">One</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Plaza</font><font style="display: inline;font-family:Arial;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">NP</font><font style="display: inline;font-family:Arial;font-size:9pt;">5-</font><font style="display: inline;font-family:Arial;font-size:9pt;">B</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Hartford</font><font style="display: inline;font-family:Arial;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Connecticut</font><font style="display: inline;font-family:Arial;font-size:9pt;"> 06155</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Telefacsimile</font><font style="display: inline;font-family:Arial;font-size:9pt;">: (860)297-8884</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(4)&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Physical</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Delivery</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">of</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Notes</font><font style="display: inline;font-family:Arial;font-size:9pt;">:</font></p>
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					<p style="margin:0pt;line-height:12pt;border-bottom:1pt solid #000000 ;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">(</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">For</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Overnight</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">or</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Standard</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Mail</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">)</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">JPMorgan</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Chase</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Bank</font><font style="display: inline;font-family:Arial;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">N</font><font style="display: inline;font-family:Arial;font-size:9pt;">.</font><font style="display: inline;font-family:Arial;font-size:9pt;">A</font><font style="display: inline;font-family:Arial;font-size:9pt;">.</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;4 </font><font style="display: inline;font-family:Arial;font-size:9pt;">Chase</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Metrotech</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Center</font><font style="display: inline;font-family:Arial;font-size:9pt;">, 3</font><font style="display: inline;font-family:Arial;font-size:9pt;">rd</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Floor</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Brooklyn</font><font style="display: inline;font-family:Arial;font-size:9pt;">, &nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">New</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">York</font><font style="display: inline;font-family:Arial;font-size:9pt;"> 11245-0001</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Attention</font><font style="display: inline;font-family:Arial;font-size:9pt;">:&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">Physical</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Receive</font><font style="display: inline;font-family:Arial;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Department</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Custody</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Account</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Number</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">: &nbsp;</font><font style="display: inline;">[ ** ]</font></p>
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		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">98</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
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				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
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				<td valign="top" style="width:279.00pt;height:11.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Hartford Life and Accident Insurance Company</font></p>
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				<td valign="top" style="width:76.50pt;height:11.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:9pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:11.25pt;font-weight:bold;font-family:Arial;font-size:9pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
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		</table></div>
		<p style="margin:0pt;line-height:10pt;text-align:center;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
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			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">Taxpayer I.D. Number: </font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(1)&nbsp;&nbsp;All payments </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">by wire transfe</font><font style="display: inline;font-family:Arial;font-size:9pt;">r of immediately</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;available funds to:</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 New York Plaza</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York&nbsp;&nbsp;New York 10004</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank ABA No. </font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A/C # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attn: Bond Interest /Principal -</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;">[ ** ]</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07% Senior Notes Due March 2026</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">PPN </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font><font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;Prin $___________Int $ ___________</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">with sufficient information to identify the source and application of such funds.</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(2)&nbsp;&nbsp;All notices of payments and written </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;confirmations of such wire transfers:</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Investment Management Company</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c/o Investment Operations</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mailing Address:</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Hartford Plaza - NP5</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Connecticut 06155</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefacsimile: (860)297-8875/8876</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(3)&nbsp;&nbsp;All other communications:</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Investment Management Company</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c/o Investment Department-Private Placements</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;E-mail Address:&nbsp; </font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject to confirming copy of notice being sent same day by </font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;recognized international commercial delivery service (charges prepaid)</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the following addresses:</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mailing Address:</font></p>
				</td>
			</tr>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Hartford Plaza, NP5-B</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Connecticut 06155</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefacsimile: (860)297-8884</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(4)&nbsp;&nbsp;Physical Delivery of Notes:</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;text-decoration:underline;">(For Overnight or Standard Mail)</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Bank, N.A.</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;4 Chase Metrotech Center, 3rd Floor</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Brooklyn, New York 11245-0001</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Attention:&nbsp;&nbsp;Physical Receive Department</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Custody Account Number: </font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">99</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;height:11.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Talcott Resolution Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:11.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:9pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:11.25pt;font-weight:bold;font-family:Arial;font-size:9pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="width:351.00pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">Taxpayer I.D. Number: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(1)&nbsp;&nbsp;All payments </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">by wire transfe</font><font style="display: inline;font-family:Arial;font-size:9pt;">r of immediately</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;available funds to:</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JP Morgan Chase </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4 New York Plaza</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York&nbsp;&nbsp;New York 10004</font></p>
				</td>
			</tr>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank ABA No. </font><font style="display: inline;">[ ** ]</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A/C # </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">- &nbsp;</font><font style="display: inline;">[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attn: Bond Interest /Principal -</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">&nbsp;</font><font style="display: inline;">[ ** ]</font></p>
				</td>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.07% Senior Notes Due March 2026</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-size:9pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:9pt;">Prin $___________Int $ ___________</font></p>
				</td>
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			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">with sufficient information to identify the source and application of such funds.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(2)&nbsp;&nbsp;All notices of payments and written </font></p>
				</td>
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			<tr>
				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;confirmations of such wire transfers:</font></p>
				</td>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Investment Management Company</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c/o Investment Operations</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mailing Address:</font></p>
				</td>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Hartford Plaza - NP5</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Connecticut 06155</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefacsimile: (860)297-8875/8876</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(3)&nbsp;&nbsp;All other communications:</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford Investment Management Company</font></p>
				</td>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c/o Investment Department-Private Placements</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;E-mail Address:&nbsp; </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[ ** ]</font></p>
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				<td valign="top" style="border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;width:351.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject to confirming copy of notice being sent same day by </font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;recognized international commercial delivery service (charges prepaid)</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the following addresses:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mailing Address:</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;One Hartford Plaza, NP5-B</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hartford, Connecticut 06155</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Telefacsimile: (860)297-8884</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">(4)&nbsp;&nbsp;Physical Delivery of Notes:</font></p>
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					<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;">&#xFEFF;</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;text-decoration:underline;">(For Overnight or Standard Mail)</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Bank, N.A.</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;4 Chase Metrotech Center, 3rd Floor</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Brooklyn, New York 11245-0001</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Attention:&nbsp;&nbsp;Physical Receive Department</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:9pt;">Custody Account Number: </font><font style="display: inline;">[ ** ]</font></p>
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					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-family:Arial;font-size:9pt;"> &nbsp;&nbsp;&nbsp; </font></p>
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		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">100</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
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				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
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			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">PRINCIPAL LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:11pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">$17,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:11pt;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:11pt;">$2,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:11pt;">$1,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">NOTES ARE TO BE REGISTERED IN THE NAME OF:</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">PRINCIPAL LIFE INSURANCE COMPANY</font>
		</p>
		<p style="margin:0pt 36pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;font-family:CG Times;line-height:14pt;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 36pt 0pt 0pt;border-top:1pt none #D9D9D9 ;font-family:CG Times;line-height:14pt;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;text-decoration:underline;">4.07% Note due 2026:</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">&nbsp;</font><font style="display: inline;font-family:Arial;font-size:11pt;">Purchaser </font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">will require </font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Notes, </font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">in the amounts of, $5,000,000.00, $2,000,000.00, and $1,000,000.00, for a total amount of $25,000,000.00.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">All payments on account of the Notes to be made by 12:00 noon (New York City time) by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Citibank, N.A.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">New York, NY 10022</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">ABA No.:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">For credit to </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Account No.:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">FFC: </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Attn:&nbsp; </font><a name="_Hlk527962827"></a><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#x2013;&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-style:italic;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">With sufficient information (including Cusip number, interest rate, maturity date, interest amount, principal amount and premium amount, if applicable) to identify the source and application of such funds.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">All Notices to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">Principal Global Investors, LLC </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">ATTN:&nbsp;&nbsp;Fixed Income Private Placements </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">711 High Street</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">Des Moines, IA 50392-0800</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">and via Email</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">: &nbsp;</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">With a copy of any notices related to scheduled payments, prepayments, rate reset notices to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">Principal Global Investors, LLC</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">Attn:&nbsp;&nbsp;Investment Accounting Fixed Income Securities </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">711 High Street</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">Des Moines, Iowa 50392-0960</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Tax Identification No.:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">101</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Upon closing, deliver original Notes to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Citibank NA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">399 Park Avenue</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Level B Vault</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">New York, NY 10022</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">Attn:&nbsp; </font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 72pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Arial;font-size:11pt;">PPN </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#x2013;&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;">**&nbsp;&nbsp;PLEASE MAKE SURE CUSIP NUMBER AND FFC: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-weight:bold;font-size:11pt;"> IS ON THE COVER PACKAGE OR CITIBANK WILL RETURN THE PACKAGE</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">With a pdf copy to: </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="font-family:CG Times;font-size:12pt;display: inline;font-family:Arial;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">102</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$7,500,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">$7,500,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;text-decoration:underline;">_____________________________________________________________________________________________</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">REGISTER SECURITIES IN THE NAME OF:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">THE LINCOLN NATIONAL LIFE INSURANCE COMPANY</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;">(Note:&nbsp;&nbsp;a separate security will be needed for each breakdown listed below)</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Tax ID for The Lincoln National Life Insurance Company:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">-------------------------------------------------------------------------------------------------------------------------------------------</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">SECURITY:&nbsp;&nbsp;&nbsp;Paychex of New York, LLC, 4.07% Series A Senior Note due 3/13/2026</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;">NOTE</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">AMOUNT</font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">LINCOLN ACCOUNT NAME</font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">BANK CUSTODY ACCT #</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">7,500,000</font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt solid #000000 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">7,500,000</font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1.5pt solid #000000 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">PRINCIPAL &amp; INTEREST PAYMENTS:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> &nbsp;The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> &nbsp;(via Fed Wire)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;&nbsp;One Wall Street, New York, NY&nbsp;&nbsp;10286</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;ABA #:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;BENEFICIARY/Account #:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Acct Name:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Bank to Bank Information Ref:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10pt;text-decoration:underline;">; &nbsp;</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;PPN #/</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt solid #000000 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Reference Registered Holder:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:513.00pt;margin-left:18.25pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:185.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">INVESTMENT ADVISER ADDRESS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--ALL COMMUNICATIONS</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:165.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">TREASURY OPERATIONS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--NOTICE OF PAYMENT</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:162.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">BANK ADDRESS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--NOTICE OF PAYMENT ONLY</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:185.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Macquarie Investment Management Advisers</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">2005 Market Street, Mail Stop 41-104</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Philadelphia, PA 19103</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Fixed Income Private Placements</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:9.5pt;">Email: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:165.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Lincoln Financial Group</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">1300 South Clinton St.&nbsp; </font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Fort Wayne, IN&nbsp;&nbsp;46802</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Inv Acctg&#x2013;Treasury Operations</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:9.5pt;">Email:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:162.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">The Bank of New York Mellon</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">P. O. Box 392003</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Pittsburgh, PA&nbsp;&nbsp;15251-9003</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Private Placement P &amp; I Dept</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:9.5pt;">Ref:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:9.5pt;">Email: </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">FORWARD SECURITIES TO:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(</font><font style="display: inline;font-style:italic;font-size:10pt;">via Express Delivery</font><font style="display: inline;font-size:10pt;">)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Jersey City, New Jersey 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">ATTENTION:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:205.5pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;">(in cover letter reference note amt, acct name, and </font><font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;text-decoration:underline;">bank custody account #)</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Copy of transmittal to:</font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1.5pt solid #000000 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">103</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;text-decoration:underline;">_____________________________________________________________________________________________</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">REGISTER SECURITIES IN THE NAME OF:&nbsp; </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">THE LINCOLN NATIONAL LIFE INSURANCE COMPANY</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;">(Note:&nbsp;&nbsp;a separate security will be needed for each breakdown listed below)</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Tax ID for The Lincoln National Life Insurance Company:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">-------------------------------------------------------------------------------------------------------------------------------------------</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">SECURITY:&nbsp;&nbsp;&nbsp;Paychex of New York, LLC, 4.25% Series B Senior Note due 3/13/2029</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;">NOTE</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">AMOUNT</font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">LINCOLN ACCOUNT NAME</font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;"></font><font style="display: inline;font-style:italic;font-size:10pt;text-decoration:underline;">BANK CUSTODY ACCT #</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt solid #000000 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">5,000,000</font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;border-bottom:1.5pt solid #000000 ;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">PRINCIPAL &amp; INTEREST PAYMENTS:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> &nbsp;The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;"> &nbsp;(via Fed Wire)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;&nbsp;One Wall Street, New York, NY&nbsp;&nbsp;10286</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;ABA #:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;BENEFICIARY/Account #:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Acct Name:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Bank to Bank Information Ref:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:10pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-size:10pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;PPN #/</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt solid #000000 ;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"> &nbsp;Reference Registered Holder:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:513.00pt;margin-left:18.25pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:185.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">INVESTMENT ADVISER ADDRESS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--ALL COMMUNICATIONS</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:165.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">TREASURY OPERATIONS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--NOTICE OF PAYMENT</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;width:162.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">BANK ADDRESS</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;text-decoration:underline;">--NOTICE OF PAYMENT ONLY</font><font style="display: inline;font-size:9.5pt;">:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:185.95pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Macquarie Investment Management Advisers</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">2005 Market Street, Mail Stop 41-104</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Philadelphia, PA 19103</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Fixed Income Private Placements</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:9.5pt;">Email: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-right:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:165.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Lincoln Financial Group</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">1300 South Clinton St.&nbsp; </font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Fort Wayne, IN&nbsp;&nbsp;46802</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Inv Acctg&#x2013;Treasury Operations</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:9.5pt;">Email:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;width:162.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">The Bank of New York Mellon</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">P. O. Box 392003</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Pittsburgh, PA&nbsp;&nbsp;15251-9003</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 9pt">
						<font style="display: inline;font-size:9.5pt;">Attn:&nbsp;&nbsp;Private Placement P &amp; I Dept</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:9.5pt;">Ref:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:9.5pt;">Email: </font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt solid #000000 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">FORWARD SECURITIES TO:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(</font><font style="display: inline;font-style:italic;font-size:10pt;">via Express Delivery</font><font style="display: inline;font-size:10pt;">)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">570 Washington Blvd &#x2013; 5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">Jersey City, New Jersey 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">ATTENTION:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:205.5pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;">(in cover letter reference note amt, acct name, and </font><font style="display: inline;font-weight:bold;font-style:italic;font-size:10pt;text-decoration:underline;">bank custody account #)</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Copy of transmittal to:</font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;border-bottom:1.5pt solid #000000 ;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">104</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">The Lincoln National Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:477.00pt;margin-left:4.75pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Purchaser Name</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">THE LINCOLN NATIONAL LIFE INSURANCE COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Name in which to register Note(s)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">THE LINCOLN NATIONAL LIFE INSURANCE COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Payment on Account of Note</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Method</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Wiring Instructions</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Federal Funds Wire Transfer</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">ABA number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Account #:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;font-size:11pt;">SWIFT address:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;Please reference the Name of Company, Description of Security, PPN, Due Date and Application (as among principal, make-whole and interest) of the payment being made.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Address for all Notices, including Financials, Compliance and Requests</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">PREFERRED REMITTANCE</font><font style="display: inline;font-size:11pt;">:&nbsp;&nbsp;privateplacements@athenelp.com</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Lincoln National Life Insurance Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">c/o Athene Asset Management LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attn: Private Fixed Income</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">7700 Mills Civic Parkway</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">West Des Moines, IA&nbsp;&nbsp;50266</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Instructions for Delivery of Notes</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">The Depository Trust Company (DTC)</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">570 Washington Blvd - 5th Floor</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Jersey City, NJ 07310 </font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Attn:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Account Number: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Tax Identification Number</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Closing Set Delivery</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:300.35pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Lincoln Financial Group</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attn:&nbsp; </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">100 N. Greene St.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">G7N-10</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Greensboro, NC 27401</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">105</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">Athene Annuity and Life Company</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.75pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Purchaser Name</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">ATHENE ANNUITY AND LIFE COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Name in which to register Note(s)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">GERLACH &amp; CO F/B/O ATHENE ANNUITY AND LIFE COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Payment on Account of Note</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Method</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Wiring Instructions</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Federal Funds Wire Transfer</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Citibank NA</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">ABA number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Concentration A/C#:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">FFC Account #:&nbsp; </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font><font style="display: inline;font-size:11pt;">9882</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Citi&#x2019;s SWIFT address: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;Please reference the Name of Company, Description of Security, PPN, Due Date and Application (as among principal, make-whole and interest) of the payment being made.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Address for all Notices, including Financials, Compliance and Requests</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">PREFERRED REMITTANCE</font><font style="display: inline;font-size:11pt;">:&nbsp;&nbsp;privateplacements@athenelp.com</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Athene Annuity and Life Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">c/o Athene Asset Management LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attn: Private Fixed Income</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">7700 Mills Civic Parkway</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">West Des Moines, IA&nbsp;&nbsp;50266</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Instructions for Delivery of Notes</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Citibank NA</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attn: Keith Whyte</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">399 Park Ave</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Level B Vault</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">New York, NY&nbsp;&nbsp;10022</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">A/C Number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Tax Identification Number</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">106</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.55pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 1.2pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">Voya Insurance and Annuity Company</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.25pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:472.50pt;margin-left:4.75pt;font-family:Calibri;font-size:11pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Purchaser Name</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">VOYA INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Name in which to register Note(s)</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">HARE &amp; CO., LLC F/B/O VOYA INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Payment on Account of Note</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Method</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;Wiring Instructions</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Federal Funds Wire Transfer</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">ABA number:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Account #:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:11pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;font-size:11pt;">SWIFT address:&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;Please reference the Name of Company, Description of Security, PPN, Due Date and Application (as among principal, make-whole and interest) of the payment being made.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Address for all Notices, including Financials, Compliance and Requests</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">PREFERRED REMITTANCE</font><font style="display: inline;font-size:11pt;">:&nbsp;&nbsp;privateplacements@athenelp.com</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Voya Insurance and Annuity Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">c/o Athene Asset Management LLC</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Attn: Private Fixed Income</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">7700 Mills Civic Parkway</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">West Des Moines, IA&nbsp;&nbsp;50266</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Instructions for Delivery of Notes</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">The Depository Trust Company (DTC)</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">570 Washington Blvd - 5th Floor</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Jersey City, NJ 07310 </font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Attn:&nbsp; BNY Mellon / Branch Deposit Department</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;color:#000000;font-size:11pt;">Account Number: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:176.65pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Tax Identification Number</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:295.85pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font><font style="display: inline;font-weight:bold;">&nbsp;</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">107</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;font-size:11pt;">Unum Life Insurance Company of America</font></p>
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Nominee Name:&nbsp;&nbsp;CUDD &amp; CO., LLC</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">108</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0.05pt 3.6pt 0pt 0pt;line-height:10.55pt;text-align:right;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">4.25% Senior Notes Due 2029</font>
		</p>
		<p style="margin:10.35pt 0pt 0pt 7.2pt;line-height:10.75pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:163.6pt;"><font style="display: inline;color:#000000;font-size:10pt;text-decoration:underline;">Name and Address of Purchaser</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;color:#000000;font-size:10pt;text-decoration:underline;">Principal Amount</font></font>
		</p>
		<p style="margin:10.25pt 0pt 0pt 7.2pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:142.4pt;"><font style="display: inline;color:#000000;font-size:10pt;">UNUM LIFE INSURANCE COMPANY</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">$10,000.000</font></font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 7.2pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">OF AMERICA</font>
		</p>
		<p style="margin:0pt 0pt 0pt 7.2pt;line-height:10.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">(Note to be registered in the name of </font><font style="display: inline;font-weight:bold;color:#000000;font-size:10pt;">"CUDD &amp; CO. LLC"</font><font style="display: inline;color:#000000;font-size:10pt;">)</font>
		</p>
		<p style="margin:12pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">(1)</font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 13pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;">Address all notices regarding payments </font><br /><font style="display: inline;color:#000000;font-size:10pt;">and all other communications to:</font>
		</p>
		<p style="margin:6pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Provident Investment Management, LLC</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">One Fountain Square</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Chattanooga, Tennessee 37402</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:10pt;"><font style="display: inline;color:#000000;font-size:10pt;">Telephone:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">(423) 294-1172</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:38pt;"><font style="display: inline;color:#000000;font-size:10pt;">Fax:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">(423) 209-3781</font></font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 90pt;line-height:10.55pt;text-indent: -57.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">E-mail:</font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;"></font><font style="display: inline;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:12pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-22.5pt; padding-right:11.4pt;"><font style="display: inline;color:#000000;font-size:10pt;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">All payments on account of the </font><br /><font style="display: inline;color:#000000;font-size:10pt;">Note shall be made by wire </font><br /><font style="display: inline;color:#000000;font-size:10pt;">transfer of immediately available </font><br /><font style="display: inline;color:#000000;font-size:10pt;">funds to:</font></font>
		</p>
		<p style="margin:6pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">CUDD &amp; CO. LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.45pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">c/o JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">New York, NY</font>
		</p>
		<p style="margin:0.1pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">ABA No. </font><font style="display: inline;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">A/C #</font><font style="display: inline;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.35pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Custodial Account No. </font><font style="display: inline;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:10.7pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17.8pt;"><font style="display: inline;color:#000000;font-size:10pt;">Please reference:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">Issuer</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 115.2pt;line-height:10.45pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">PPN</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 115.2pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">Coupon </font><br /><font style="display: inline;color:#000000;font-size:10pt;">Maturity</font>
		</p>
		<p style="margin:0pt 0pt 0pt 115.2pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;color:#000000;font-size:10pt;">Principal = $</font>_________________________________________________</font><font style="text-indent:0pt;margin-left:0pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 115.2pt;line-height:9.7pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;color:#000000;font-size:10pt;">Interest = $</font>___________________________________________________</font><font style="text-indent:0pt;margin-left:0pt;text-align:left"><font style="display: inline;color:#000000;font-size:10pt;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">(3)</font><font style="display: inline;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;color:#000000;font-size:10pt;">Tax Identification Number: </font><font style="display: inline;font-size:10pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">109</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-size:10pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;color:#000000;font-size:11pt;">First Unum Life Insurance Company</font></p>
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-size:11pt;">Nominee Name:&nbsp;&nbsp;CUDD &amp; CO., LLC</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$10,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">110</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt 3.6pt 0pt 0pt;line-height:10.15pt;text-align:right;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;">4.25% Senior Notes Due 2029</font>
		</p>
		<p style="margin:21.8pt 0pt 10.5pt 7.2pt;line-height:10.1pt;vertical-align:baseline;font-family:Times;font-size: 8pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:197.6pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Name and Address of Purchaser</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:8.5pt;text-decoration:underline;">Principal Amount</font></font>
		</p>
		<p style="margin:0pt -94.3pt 0pt 7.2pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">FIRST UNUM LIFE INSURANCE COMPANY</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">$10,000,000</font>
		</p>
		<p style="margin:0pt 0pt 0pt 7.2pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(Note to be registered in the name of</font>
		</p>
		<p style="margin:0.8pt 0pt 0pt 7.2pt;line-height:9.9pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#000000;font-size:10pt;">"CUDD &amp; CO. LLC")</font>
		</p>
		<p style="margin:12pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-22.5pt; padding-right:11.4pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Address all notices regarding payments </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">and all other communications to:</font></font>
		</p>
		<p style="margin:10.4pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Provident Investment Management, LLC</font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">One Fountain Square</font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Chattanooga, Tennessee 37402</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.05pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:10pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Telephone:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(423) 294-1172</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:38pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Fax:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(423) 209-3781</font></font>
		</p>
		<p style="margin:0.05pt 46.8pt 0pt 90pt;line-height:10.6pt;text-indent: -57.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">E-mail:</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"></font><font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ] </font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;text-decoration:underline;">&nbsp;</font>
		</p>
		<p style="margin:12pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-22.5pt; padding-right:11.4pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">All payments on account of the </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Note shall be made by wire </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">transfer of immediately available </font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">funds to:</font></font>
		</p>
		<p style="margin:10.75pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">CUDD &amp; CO. LLC</font>
		</p>
		<p style="margin:0.2pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">c/o JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">New York, NY</font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.55pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">ABA No. </font><font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.45pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0pt 0pt 0pt 32.4pt;line-height:10.45pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">A/C #</font><font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:0.05pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Custodial Account No. </font><font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ] </font>
		</p>
		<p style="margin:10.45pt 0pt 0pt 32.4pt;line-height:10.6pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:17.8pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Please reference:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Issuer</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 117pt;line-height:10.15pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">PPN</font>
		</p>
		<p style="margin:0pt 0pt 0pt 117pt;line-height:10.15pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Coupon</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">&nbsp;</font><br /><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Maturity</font>
		</p>
		<p style="margin:0pt 32.4pt 0pt 115.2pt;line-height:10.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Principal = $</font>_____________________</font><font style="text-indent:0pt;margin-left:0pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"> Interest = $</font><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;"></font></font>
		</p>
		<p style="margin:12pt 0pt 0pt 31.5pt;line-height:9.65pt;text-indent: -22.5pt;vertical-align:baseline;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-22.5pt; padding-right:11.4pt;"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Arial;color:#000000;font-size:10pt;">Tax Identification Number: </font><font style="display: inline;font-family:Arial;font-size:10pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Arial;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">111</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-family:Arial;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$8,400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(1)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such purchaser should be made by wire</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">transfer of immediately available funds for credit to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For scheduled principal and interest payments</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">BNF:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Income Collection Department</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For further credit to: [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For all payments other than scheduled principal and interest</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account No.:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(2)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all notices relating to payments:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Operations/Settlements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(3)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all other communications and notices:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;(770) 690-5342</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(4)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Tax Identification No.: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">112</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">STATE STREET BANK AND TRUST COMPANY, AS TRUSTEE OF THE UNITED TECHNOLOGIES CORPORATION EMPLOYEE SAVINGS PLAN MASTER TRUST</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$6,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(1)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such purchaser should be made by wire</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">transfer of immediately available funds for credit to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">State Street Bank and Trust Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA# [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account No. [ ** ]</font><font style="display: inline;font-size:11pt;">100485</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account Name:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(2)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all notices relating to payments:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">BNYM Mellon Asset Servicing</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">11486 Corporate Blvd., Suite 200</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Orlando, FL 32817-8371</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn: Operations/Settlements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">with a copy to:</font><font style="display: inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">State Street Bank and Trust Company</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 11.7pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">1200 Crown Colony Drive&#x2014;Mailstop CC1 5N</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Quincy, MA&nbsp;&nbsp;02169</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attention:&nbsp; </font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Email: [ ** ]</font><font style="display: inline;font-size:11pt;">&nbsp;</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Phone:&nbsp;&nbsp;(617) 537-0180</font><font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(3)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all other communications and notices:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Voya Investment Management Co. LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;(770) 690-5342</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(4)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Tax Identification No.: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">113</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">VOYA RETIREMENT INSURANCE AND ANNUITY COMPANY</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$4,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(1)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such purchaser should be made by wire</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">transfer of immediately available funds for credit to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-size:11pt;">Account No</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-size:11pt;">FBO:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 63.35pt;text-indent: -27.35pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-family:Times New Roman;font-size:11pt;">Reference:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(2)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all notices relating to payments:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">BNYM Mellon Asset Servicing</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">11486 Corporate Blvd., Suite 200</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Orlando, FL 32817-8371</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Operations/Settlements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(3)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all other communications and notices:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Voya Investment Management Co. LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;(770) 690-5342</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(4)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Tax Identification No.:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">114</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">RELIASTAR LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$1,400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(1)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such purchaser should be made by wire</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">transfer of immediately available funds for credit to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For scheduled principal and interest payments</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">BNF:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Income Collection Department</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For further credit to: [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:</font><font style="display: inline;font-family:Times;font-size:11pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For all payments other than scheduled principal and interest</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account No.:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:</font><font style="display: inline;font-family:Times;font-size:11pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(2)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all notices relating to payments:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Operations/Settlements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(3)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all other communications and notices:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;(770) 690-5342</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(4)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Tax Identification No.: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">115</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">RELIASTAR LIFE INSURANCE COMPANY OF </font><br /><font style="display: inline;font-weight:bold;font-size:11pt;">NEW YORK</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(1)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">All payments on account of Notes held by such purchaser should be made by wire</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">transfer of immediately available funds for credit to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For scheduled principal and interest payments</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"> BNF:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Income Collection Department</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For further credit to: [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">For all payments other than scheduled principal and interest</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account No.:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire transfer should set forth the name of the issuer, the full title (including the coupon rate, issuance date, and final maturity date) of the Notes on account of which such payment is made, and the due date and application (as among principal, premium and interest) of the payment being made.</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(2)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all notices relating to payments:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Operations/Settlements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:18pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(3)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Address for all other communications and notices:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Voya Investment Management LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">5780 Powers Ferry Road NW, Suite 300</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Atlanta, GA&nbsp;&nbsp;30327-4347</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;(770) 690-5342</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">(4)</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Tax Identification No.: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">116</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">MINNESOTA LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 8pt">
						<font style="display: inline;font-size:8pt;">(Bond)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$3,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased on behalf of Minnesota Life Insurance Company should be registered in the nominee name of &#x201C;Hare &amp; Co., LLC&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Minnesota Life Insurance Company</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.&nbsp;&nbsp;&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:30pt;"><font style="display: inline;">&nbsp;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, Minnesota 55101</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">117</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">ALLIANCE UNITED INSURANCE COMPANY</font><font style="display: inline;font-weight:bold;"> &nbsp; </font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Alliance United Insurance Company should be registered in the nominee name of &#x201C;Hare &amp; Co., LLC&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Alliance United Insurance Company</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn: Client Administrator </font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">118</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;text-decoration:underline;">Optum Bank, Inc.</font><font style="display: inline;font-weight:bold;text-transform:uppercase;"> &nbsp; </font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Optum Bank, Inc. should be registered in the nominee name of &#x201C;ELL &amp; Co.&#x201D;.&nbsp; </font><font style="display: inline;">The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to both: </font><font style="display: inline;font-size:11pt;">[ ** ]. </font><font style="display: inline;color:#000000;">If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Optum Bank, Inc.</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"> AND</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Optum Bank, Inc</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management, Inc.</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Attn:&nbsp;&nbsp;Ryan Allen</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">2525 Lake Park Boulevard</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Salt Lake City, UT 84120</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">119</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">BLUE CROSS AND BLUE SHIELD OF FLORIDA, INC.&nbsp;&nbsp; </font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Blue Cross and Blue Shield of Florida, Inc. should be registered in the nominee name of &#x201C;</font><font style="display: inline;color:#000000;">Hare &amp; Co., LLC</font><font style="display: inline;">&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Blue Cross and Blue Shield of Florida, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">120</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">UNITEDHEALTHCARE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for UnitedHealthcare Insurance Company should be registered in the nominee name of &#x201C;ELL &amp; Co.&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">UnitedHealthcare Insurance Company</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:30pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">121</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">TRUSTMARK INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Trustmark Insurance Company should be registered in the nominee name of &#x201C;ELL &amp; Co.&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Trustmark Insurance Company</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">122</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">GLEANER LIFE INSURANCE SOCIETY</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$300,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Gleaner Life Insurance Society should be registered in the name of &#x201C;Wells Fargo Bank N.A. FBO Gleaner Life Insurance Society&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP. </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Gleaner Life Insurance Society</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"> &nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">123</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;text-decoration:underline;">Unity Financial Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-transform:uppercase;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Unity Financial Life Insurance Company</font><font style="display: inline;"> should be registered in the nominee name of &#x201C;Link &amp; Co&#x201D;.</font><font style="display: inline;"> The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Unity Financial Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;color:#FF0000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">124</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;text-decoration:underline;">UnitedHealthcare Insurance Company</font></p>
					<p style="margin:0pt;font-family:Calibri;line-height:14pt;font-size: 9pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;font-size:9pt;">(AARP)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-weight:bold;text-transform:uppercase;font-size:12pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">The Notes being purchased for UnitedHealthcare Insurance Company should be registered in the nominee name of &#x201C;ELL &amp; Co.&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">UnitedHealthcare Insurance Company (AARP)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">c/o Securian Asset Management, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">400 Robert Street North</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">St. Paul, MN&nbsp;&nbsp;55101</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">Attn:&nbsp;&nbsp;Client Administrator</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&nbsp;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">125</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">WESTERN FRATERNAL LIFE ASSOCIATION</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$100,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Western Fraternal Life Association should be registered in the nominee name of &#x201C;Hubb &amp; Co.&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Western Fraternal Life Association</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;border-bottom:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 6pt;border-top:1pt none #D9D9D9 ;line-height:100%;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">126</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">DELTA DENTAL OF MINNESOTA</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$100,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Delta Dental of Minnesota should be registered in</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">the name of &#x201C;Band &amp; Co FBO Delta Dental of Minnesota&#x201D;. The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Delta Dental of Minnesota</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"> &nbsp;&nbsp; </font><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">127</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size: 10pt">
						<font style="display: inline;font-weight:normal;font-size:10.5pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:67.50pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
				<td valign="top" style="width:127.10pt;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:8pt;text-align:center;font-weight:bold;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">MINNESOTA LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 8pt">
						<font style="display: inline;font-size:8pt;">(Eclipse)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$6,200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased on behalf of Minnesota Life Insurance Company should be registered in the nominee name of &#x201C;Hare &amp; Co., LLC&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Minnesota Life Insurance Company</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset</font><font style="display: inline;font-family:Courier New;">&nbsp;</font><font style="display: inline;">Management, Inc.&nbsp;&nbsp;&nbsp; </font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:30pt;"><font style="display: inline;">&nbsp;</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, Minnesota 55101</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">128</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">THE CINCINNATI LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for The Cincinnati Life Insurance Company should be registered in the name of &#x201C;The Cincinnati Life Insurance Company&#x201D;. The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#FF0000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Cincinnati Life Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">129</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">SECURIAN LIFE INSURANCE COMPANY</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 8pt">
						<font style="display: inline;font-size:8pt;">(PRT)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased on behalf of Securian Life Insurance Company should be registered in the name of &#x201C;</font><font style="display: inline;">Hare &amp; Co., LLC&#x201D;</font><font style="display: inline;">.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Securian Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management, Inc.&nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, Minnesota&nbsp;&nbsp;55101 </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;font-family:Calibri;line-height:14pt;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;font-size:12pt;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-family:Times New Roman;font-size:12pt;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">130</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">CATHOLIC FINANCIAL LIFE</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 8pt">
						<font style="display: inline;font-size:8pt;">(SecurianAM Annuity)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for Catholic Financial Life should be registered in the nominee name of &#x201C;US Bank FBO Catholic Financial Life&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Catholic Financial Life</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset</font><font style="display: inline;font-family:Courier New;">&nbsp;</font><font style="display: inline;">Management, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">131</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 2pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">AMERICAN REPUBLIC INSURANCE COMPANY</font><font style="display: inline;"> &nbsp; </font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 8pt">
						<font style="display: inline;font-size:8pt;">(Preneed)</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Notes being purchased for American Republic Insurance Company should be registered in the name of &#x201C;Wells Fargo Bank N.A. FBO American Republic Insurance Company&#x201D;. </font><font style="display: inline;">The Notes should be delivered in accordance with instructions furnished to lender counsel, </font><font style="display: inline;color:#000000;">Chapman and Cutler LLP</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">American Republic Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o Securian Asset Management Inc. </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Robert Street North&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">.</font><font style="display: inline;"> &nbsp;&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">132</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-decoration:underline;">NEW ERA LIFE INSURANCE COMPANY</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$200,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-family:Times New Roman;">The Notes being purchased for New Era Life Insurance Company should be registered in the nominee name of &#x201C;Band &amp; Co.&#x201D;.&nbsp;&nbsp;The Notes should be delivered in accordance with instructions furnished to lender counsel, Chapman and Cutler LLP.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;color:#000000;">All notices and statements should be sent electronically via Email to: </font><font style="display: inline;">[ ** ]</font><font style="display: inline;color:#000000;">.&nbsp;&nbsp;If Email is unavailable or if the Email is returned for any reason (including receipt of a message that the Email is undeliverable), such notice and statements should be sent to the following address:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">New Era Life Insurance Company</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">c/o Securian Asset Management, Inc.</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">400 Robert Street North</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">St. Paul, MN&nbsp;&nbsp;55101</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Attn:&nbsp;&nbsp;Client Administrator</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on account of the Notes shall be made by wire transfer of immediately available funds pursuant to instructions to be delivered to the Company by Lender Counsel prior to Closing.&nbsp;&nbsp;If there are any questions regarding the payment instructions, please contact [ ** ].</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">133</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Eagle Life Insurance Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">West Des Moines, IA&nbsp;&nbsp;50266</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$2,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All securities to be registered in the name of our nominee Chimefish &amp; Co</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10pt;">(1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:10pt;">All scheduled payments of principal and interest by wire transfer of immediately available funds:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Bank Name:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">State Street Bank &amp; Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Bank BIC/SWIFT Code</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">ABA Routing #:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Account Number:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Account Name:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Reference Info:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">(See instructions below)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">With sufficient information to identify the source and application of such funds including PPN#, security description, interest rate, maturity date and whether payment is of principal, interest, make whole amount or otherwise. For all payments other than scheduled payments of principal and interest, the Company shall seek instructions from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10pt;">(2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications (other than Payment and Legal):</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Eagle Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Compliance Monitoring</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications (Legal):</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Eagle Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Legal Monitoring</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications regarding payment transactions (Payment):</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Mark Kooienga&nbsp;&nbsp;&nbsp;Phone (515) 273-3576</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10pt;">(3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:10pt;">Note physical delivery:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Depository Trust and Clearing Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Newport Office Center </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor (NY Window-Robert Mendez) </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">FBO: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(PPN, Security Description)</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10pt;">(4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:10pt;">Nominee Taxpayer I.D. Number:</font></font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:6pt;"><font style="display: inline;font-size:10pt;">(5)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;font-size:10pt;">Beneficial Owner Taxpayer I.D. Number:</font></font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Audit Requests: Soft copy to </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;font-size:10pt;"> or hard copy to: </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Eagle Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: AuditConfirms</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">134</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 14pt">
			<font style="display: inline;font-weight:bold;font-size:14pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">American Equity Investment Life Insurance Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">West Des Moines, IA&nbsp;&nbsp;50266</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$14,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All securities to be registered in the name of our nominee Chimefish &amp; Co</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:100%;text-indent: -18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(1)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">All scheduled payments of principal and interest by wire transfer of immediately available funds:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Bank Name:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">State Street Bank &amp; Trust Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Bank BIC/SWIFT Code</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">ABA Routing #:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Account Number:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Account Name:</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Reference Info:</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;">(See instructions below)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">With sufficient information to identify the source and application of such funds including PPN#, security description, interest rate, maturity date and whether payment is of principal, interest, make whole amount or otherwise. For all payments other than scheduled payments of principal and interest, the Company shall seek instructions from the holder, and in the absence of instructions to the contrary, will make such payments to the account and in the manner set forth above.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:100%;text-indent: -18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(2)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications (other than Payment and Legal):</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">American Equity Investment Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Compliance Monitoring</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications (Legal):</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">American Equity Investment Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Legal Monitoring</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">All notices and communications regarding payment transactions (Payment):</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Email: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: Mark Kooienga&nbsp;&nbsp;&nbsp;Phone (515) 273-3576</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:100%;text-indent: -18pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(3)</font><font style="display: inline;font-size:10pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Note physical delivery:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Depository Trust and Clearing Corporation</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Newport Office Center </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">5</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:10pt;"> Floor (NY Window-Robert Mendez) </font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">FBO: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">(PPN, Security Description)</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:100%;text-indent: -18pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">(4)</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Nominee Taxpayer I.D. Number:</font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 18pt;line-height:100%;text-indent: -18pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">(5)</font><font style="display: inline;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;">Beneficial Owner Taxpayer I.D. Number:</font><font style="display: inline;font-weight:bold;font-size:10pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 9pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;font-size:10pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:10pt;">Audit Requests: Soft copy to </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;font-size:10pt;"> or hard copy to: </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">American Equity Investment Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Investment-Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">6000 Westown Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">West Des Moines, IA 50266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Attention: AuditConfirms</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">135</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Allianz Life Insurance Company of North America</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$8,400,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #F1F1F1;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #F1F1F1;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F1F1F1;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">Purchaser Name</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F1F1F1;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-weight:bold;font-size:10pt;">ALLIANZ LIFE INSURANCE COMPANY OF NORTH AMERICA</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Name in Which Notes are to be Registered</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">MAC &amp; CO., LLC</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Note Registration Numbers; Principal Amounts</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;border-bottom:1pt solid #000000 ;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">$</font><font style="display: inline;font-family:Times;font-size:10pt;">8,400,000 </font><font style="display: inline;font-family:Times;font-size:10pt;">Series </font><font style="display: inline;font-family:Times;font-size:10pt;">A &nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">Notes due </font><font style="display: inline;font-family:Times;font-size:10pt;">March 13, 2026</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Payment Method</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Wire Transfer</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Account Information</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:77.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Bank:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;font-family:Times;font-size:10pt;">The Bank of New York Mellon, NY</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:74pt;"><font style="display: inline;font-family:Times;font-size:10pt;">ABA Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:44.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">SWIFT Code:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:34.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Account Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:25.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Account Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:84.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Re:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;font-family:Times;font-size:10pt;">&#x201C;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-family:Times;font-size:10pt;">&#x201D; below</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:77.3pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Accompanying Information</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 43.5pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:37.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Name of Issuer:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;">Paychex of New York LLC&nbsp; </font></font></p>
					<p style="margin:0pt 43.5pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Description </font><font style="display: inline;font-family:Times;font-size:10pt;">of Security: </font><font style="display: inline;font-family:Times;font-size:10pt;">$</font><font style="font-family:Times;font-size:10pt;border-bottom-style:solid;border-bottom-width:1pt;height:100%;text-indent:0pt;">8,400,000 </font><font style="display: inline;font-family:Times;font-size:10pt;">4.07% Senior Notes, Series&nbsp;A, due March 13, 2026</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:78.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">PPN:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 6.35pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Due Date and Application (as among principal, make whole and interest) of</font><font style="display: inline;font-family:Times;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">the payment being made:</font></p>
					<p style="margin:0pt 6.35pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
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			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Address for All Notices</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Allianz Life Insurance Company of North America</font><font style="display: inline;font-family:Times;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">c/o Allianz Global Investors U.S. LLC</font></p>
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Attn: Private Placements</font></p>
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">55 Greens Farms Road</font></p>
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Westport, CT 06880</font></p>
					<p style="margin:0pt 8.25pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Phone:&nbsp;&nbsp;203-293-1900</font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Email:&nbsp;&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
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			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 108.4pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Instructions Regarding</font><font style="display: inline;font-family:Times;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">Delivery of New Notes</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">The Depository Trust Company</font></p>
					<p style="margin:0pt 155.6pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">BNY Mellon Branch Deposit Services</font><font style="display: inline;font-family:Times;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">570 Washington Blvd. &#x2013; 5th Flr.</font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Jersey City, NJ 07310</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Reference in Letter</font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:19.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">of Transmittal:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.62%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Tax Identification Number</font></p>
				</td>
				<td valign="top" style="width:65.38%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">136</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Allianz</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Global</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Risks</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">US</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Insurance</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">&nbsp;</font><font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:10pt;">Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$5,600,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:34.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #F1F1F1;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:65.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #F1F1F1;height:1.00pt;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;height:1.00pt;overflow:hidden;font-size:0pt;">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F1F1F1;padding:0pt;">
					<p style="margin:4.65pt 0pt 0pt 5.1pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Purchaser</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">Name</font></p>
				</td>
				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;background-color: #F1F1F1;padding:0pt;">
					<p style="margin:4.65pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">ALLIANZ</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">GLOBAL</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">RISKS</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">US</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">INSURANCE</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-weight:bold;font-size:10pt;">COMPANY</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Name</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">in</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Which</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Notes</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">are</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">to</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">be</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Registered</font></p>
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					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">MAC</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&amp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">CO.,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">LLC</font></p>
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				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Note</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Registration</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Numbers;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Principal</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Amounts</font></p>
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				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;border-bottom:1pt solid #000000 ;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">$</font><font style="display: inline;font-family:Times;font-size:10pt;">5,600,000 </font><font style="display: inline;font-family:Times;font-size:10pt;">Series </font><font style="display: inline;font-family:Times;font-size:10pt;">A &nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">Notes due </font><font style="display: inline;font-family:Times;font-size:10pt;">March 13, 2026</font></p>
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				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Payment</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Method</font></p>
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				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Wire</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Transfer</font></p>
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				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.25pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Account</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Information</font></p>
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				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.2pt;font-family:Calibri;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:78.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Bank:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">The</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Bank</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">of</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">New</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">York</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mellon,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">NY</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.45pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:115.9pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">ABA</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:74.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">SWIFT</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Code:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:67.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Account</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:67.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Account</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0.55pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:85.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Re:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#x201C;</font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#x201D;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">below</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:78.2pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
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				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Accompanying</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Information</font></p>
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				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 43.5pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:37.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">Name of Issuer:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;">Paychex of New York LLC&nbsp; </font></font></p>
					<p style="margin:0pt 43.5pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Description </font><font style="display: inline;font-family:Times;font-size:10pt;">of Security: </font><font style="display: inline;font-family:Times;font-size:10pt;">$</font><font style="font-family:Times;font-size:10pt;border-bottom-style:solid;border-bottom-width:1pt;height:100%;text-indent:0pt;">5,600,000 </font><font style="display: inline;font-family:Times;font-size:10pt;">4.07% Senior Notes, Series&nbsp;A, due March 13, 2026</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:78.15pt;"><font style="display: inline;font-family:Times;font-size:10pt;">PPN:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 6.35pt 0pt 5.1pt;line-height:12pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times;font-size:10pt;">Due Date and Application (as among principal, make whole and interest) of</font><font style="display: inline;font-family:Times;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times;font-size:10pt;">the payment being made:</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
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					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.1pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Address</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">for</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">All</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Notices</font></p>
				</td>
				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Allianz</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Global</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Risks</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">US</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Insurance</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Company</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">c/o</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Allianz</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Global</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Investors</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">U.S.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">LLC</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Attn:</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Private</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Placements</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">55</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Greens</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Farms</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Road</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Westport,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">CT</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">06880</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.45pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Phone:</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">203-293-1900</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.45pt;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Email:</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;"> &nbsp; &nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.45pt;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
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					<p style="margin:0pt 108.4pt 0pt 5.1pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Instructions</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Regarding</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Delivery</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">of</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">New</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Notes</font></p>
				</td>
				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.15pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">The</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Depository</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Trust</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Company</font></p>
					<p style="margin:0.2pt 0pt 0pt 4.2pt;line-height:11.4pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">BNY</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Mellon</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Branch</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Deposit</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Services</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font></p>
					<p style="margin:0.2pt 0pt 0pt 4.2pt;line-height:11.4pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">570</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Washington</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Blvd.</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&#x2013;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">5</font><font style="display: inline;font-family:Times New Roman;font-size:6.5pt;">th</font><font style="display: inline;font-family:Times New Roman;font-size:6.5pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Flr.</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.4pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Jersey</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">City,</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">NJ</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">07310</font></p>
					<p style="margin:0.05pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Reference</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">in</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Letter</font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:71.05pt;"><font style="display: inline;font-family:Times New Roman;font-size:10pt;">of</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Transmittal:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font></p>
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:100%;font-family:Calibri;font-size: 11pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:34.58%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 5.1pt;line-height:11.25pt;font-family:Calibri;font-size: 10pt">
						<font style="display: inline;font-family:Times New Roman;font-size:10pt;">Tax</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Identification</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">&nbsp;</font><font style="display: inline;font-family:Times New Roman;font-size:10pt;">Number</font></p>
				</td>
				<td valign="top" style="width:65.42%;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 4.2pt;line-height:11.25pt;font-family:Calibri;font-size: 11pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">137</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">AXA Equitable Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$11,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;text-align:left;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:11pt;">Account (s):</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">IRS Employer Identification Number:</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Delivery Instructions </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">for direct private placement purchases notes issued in the name of</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">AXA Equitable Life Insurance Company</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">525 Washington Blvd., 34th Floor</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Jersey City, New Jersey 07310</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13.5pt;"><font style="display: inline;font-size:11pt;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Lynn Garofalo</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Telephone Number:(201) 743-6634</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Manner of Payments and Notices:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All payments shall be made by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JP Morgan Chase</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account (s): AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">4 Chase Metrotech Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Brooklyn, New York 11245</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA No.: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bank Account: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Custody Account: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire shall show the name of the Company, the Private Placement Number, the due date of the payment being made and, if such payment is a final payment.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Notices of Payments and Written Confirmations </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All notices of payments and written confirmations of wire transfers should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">37</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, New York 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Cosmo Valente / Angel Salazar / Mei Wong</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone #:&nbsp;&nbsp;212- 969-6384 / 212-823-2873 / 212-969-2112</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Address for all other communications</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">38th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, NY 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention: Lana Goldenberg</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone: 212-823-3973</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Group Email: [ ** ]</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">138</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">AXA Equitable Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$2,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:11pt;">Account (s):</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">IRS Employer Identification Number:</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Delivery Instructions </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">for direct private placement purchases notes issued in the name of</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">AXA Equitable Life Insurance Company</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Bond Delivery Instructions:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">525 Washington Blvd.; 34</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Jersey City, New Jersey 07310</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13.5pt;"><font style="display: inline;font-size:11pt;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Lynn Garofalo</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Telephone Number:&nbsp;&nbsp;201-743-6634</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Manner of Payments and Notices:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All payments shall be made by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JP Morgan Chase</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account (s): AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">4 Chase Metrotech Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Brooklyn, New York 11245</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA No.: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Bank Account: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Custody Account: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire shall show the name of the Company, the Private Placement Number, the due date of the payment being made and, if such payment is a final payment.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;"> &nbsp; &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Notices of Payments and Written Confirmations </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All notices of payments and written confirmations of wire transfers should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">37</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, New York 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Cosmo Valente / Angel Salazar / Mei Wong</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone #:&nbsp;&nbsp;212- 969-6384 / 212-823-2873 / 212-969-2112</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Address for all other communications</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AXA Equitable Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">38th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, NY 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention: Lana Goldenberg</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone: 212-823-3973</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Group Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">139</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">Horizon Blue Cross and Blue Shield of New Jersey</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:11pt;">Account (s):</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:2.5pt;"><font style="display: inline;font-size:11pt;"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">IRS Employer Identification Number:</font></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Delivery Instructions </font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">for direct private placement purchases notes issued in the name of</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">&nbsp;</font><font style="display: inline;font-weight:bold;font-style:italic;font-size:11pt;text-decoration:underline;">Cudd &amp; Co, LLC</font><font style="display: inline;font-style:italic;font-size:11pt;text-decoration:underline;">:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:12pt;text-indent: -72pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;text-decoration:underline;">Name and Address of Purchaser</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AllianceBernstein LP</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">37th Floor</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, New York 10105</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:13.5pt;"><font style="display: inline;font-size:11pt;">Attention:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Angel Salazar / Cosmo Valente</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Telephone Number: 212-969-2491/ 212-969-6384</font></font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Manner of Payments and Notices:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All payments shall be made by wire transfer of immediately available funds to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JP Morgan / Chase</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA No.: [ ** ]</font><font style="display: inline;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">For Credit to the [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account Number: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Account: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Each such wire shall show the name of the Company, the Private Placement Number, the due date of the payment being made and, if such payment is a final payment.</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Notices of Payments and Written Confirmations:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">All notices of payments and written confirmations of wire transfers should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">JP Morgan Chase Manhattan Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">14201 N. Dallas Parkway</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">13</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:12pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Dallas, Texas 75254-2917</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;469-477-1904</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Second Copy of Payments and Written Confirmations</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Horizon Blue Cross and Blue Shield of New Jersey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">37th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, NY 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Angel Salazar/ Mei Wong / Cosmo Valente</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone #:&nbsp;&nbsp;212 -969-2491 / 212-969-2112 / 212-969-6384</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Third Copy of Payments and Written Confirmations</font><font style="display: inline;font-size:11pt;">:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Horizon Blue Cross and Blue Shield of New Jersey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Three Penn Plaza</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">PP-15K</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Newark, NJ 07105-2200</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention: Susan McCarthy-Manager Cash &amp; Investments </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone: 973-466-8568 / 973-466-4375</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;973-466-8461&nbsp;&nbsp; </font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">Address for all other Communications:</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-weight:bold;font-size:11pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Horizon Blue Cross and Blue Shield of New Jersey</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o AllianceBernstein LP</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">1345 Avenue of the Americas</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">38th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, NY 10105</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention: Lana Goldenberg </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Telephone: 212-823-3973</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Email: [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Group Email: [ ** ]</font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">140</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:12pt;border-top:1pt none #D9D9D9 ;font-family:Times;;font-size: 11pt"><font style="display: inline;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;height:13.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">American United Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;height:13.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;height:13.05pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$7,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Purchaser:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">American United Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issuer:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Paychex, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issuing:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Senior Note(s) due 2029</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Closing:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">03/13/2019</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issue:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">4.25%</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;"><font style="display: inline;font-size:11pt;">Amount:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">$7,000,000.00</font></font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The original note(s) should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;BNY Mellon/Branch Deposit Dept.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Acct # 186683 American United Life Ins. Co.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">570 Washington Blvd. &#x2013; 5</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Jersey City, NJ&nbsp;&nbsp;07310</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Please send all </font><font style="display: inline;font-weight:bold;font-size:11pt;">POST-CLOSING</font><font style="display: inline;font-size:11pt;"> documentation to:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">American United Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Mike Bullock, Securities Department</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">One American Square, Suite 1017</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Post Office Box 368</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Indianapolis, IN 46206</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">mike.bullock@oneamerica.com</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Payment:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Paychex, Inc. shall make payment of principal and interest on the note(s) in </font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">immediately available funds by wire transfer to the following bank account:</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">AMERICAN UNITED LIFE INSURANCE COMPANY</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA #:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Credit Account:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Account Name: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Account #:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">P &amp; I Breakdown:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Re:&nbsp; </font><font style="display: inline;font-size:11pt;text-decoration:underline;">(</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Payments should contain sufficient information to identify the breakdown of principal and interest and should identify the full description of the note(s) and the payment date.</font>
		</p>
		<p style="margin:0pt;line-height:10pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">The United States Tax I.D. Number of American United Life Insurance Company is </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">141</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:283.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:67.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:283.50pt;height:13.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;font-size:11pt;">The State Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:67.50pt;height:13.05pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;height:13.05pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Purchaser:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">The State Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issuer:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Paychex, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issuing:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Senior Note(s) due 2029</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Closing:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">03/13/2019</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Issue:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">4.25%</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;"><font style="display: inline;font-size:11pt;">Amount:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">$5,000,000.00</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">The original note(s) should be sent to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;BNY Mellon/Branch Deposit Dept.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Acct # 343761 State Life, c/o AUL</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">570 Washington Blvd. &#x2013; 5</font><font style="display: inline;font-size:11pt;font-size:6pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-size:11pt;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Jersey City, NJ&nbsp;&nbsp;07310</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Please send all </font><font style="display: inline;font-weight:bold;font-size:11pt;">POST-CLOSING</font><font style="display: inline;font-size:11pt;"> documentation to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">American United Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Attn:&nbsp;&nbsp;Mike Bullock, Securities Department</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">One American Square, Suite 1017</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Post Office Box 368</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Indianapolis, IN 46206</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">mike.bullock@oneamerica.com</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Payment:</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Paychex, Inc. shall make payment of principal and interest on the note(s) in </font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">immediately available funds by wire transfer to the following bank account:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">THE STATE LIFE INSURANCE COMPANY</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;"></font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:11pt;">Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">ABA #:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Credit Account:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Account Name: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Account #:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">P &amp; I Breakdown:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Re:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">Payments should contain sufficient information to identify the breakdown of principal and interest and should identify the full description of the note(s) and the payment date.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">The United States Tax I.D. Number of The State Life Insurance Company is </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;color:#000000;font-size:11pt;">.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">142</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">Integrity Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$3,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Please contact </font><font style="display: inline;font-size:11pt;">[ ** ] </font><font style="display: inline;">to securely obtain wire transfer instructions for Integrity Life Insurance Company.&nbsp;&nbsp;All payments on account of Notes help by Purchaser shall be made by wire transfer of immediately available funds, providing sufficient information to identify the source of the transfer, the amount of the interest and/or redemption (as applicable) and the identity of the security as to which payment is being made.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Notices</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices for Payments, Wire Transfers and Audit Confirmations, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Integrity Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Broadway, MS 80 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Cincinnati, OH 45202-3341</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notices for all Other Communications, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fort Washington Investment Advisors </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Suite 1200 - Private Placements </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">303 Broadway </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Cincinnati, OH 45202 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Physical Delivery of Securities</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Depository Trust Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd - 5th Floor </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ 07310&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Ref: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Contact: Esther Ince&nbsp;&nbsp;(212)&nbsp;&nbsp;855-1457</font>
		</p>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name of Nominee in which Notes are to be issued:&nbsp;&nbsp;Hare &amp; Co., LLC</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Taxpayer I.D. Number (Hare &amp; Co., LLC):&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">143</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;height:12.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">National Integrity Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;height:12.15pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;height:12.15pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$3,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Please contact </font><font style="display: inline;font-weight:bold;">[ ** ]</font><font style="display: inline;"> to securely obtain wire transfer instructions for Integrity Life Insurance Company.&nbsp;&nbsp;All payments on account of Notes help by Purchaser shall be made by wire transfer of immediately available funds, providing sufficient information to identify the source of the transfer, the amount of the interest and/or redemption (as applicable) and the identity of the security as to which payment is being made.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Notices</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices for Payments, Wire Transfers and Audit Confirmations, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">National Integrity Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">400 Broadway, MS 80 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Cincinnati, OH 45202-3341</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notices for all Other Communications, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fort Washington Investment Advisors </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Suite 1200 - Private Placements </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">303 Broadway </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Cincinnati, OH 45202 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Physical Delivery of Securities</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Depository Trust Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd - 5th Floor </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ 07310&nbsp; </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Ref: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Contact: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name of Nominee in which Notes are to be issued:&nbsp;&nbsp;Hare &amp; Co., LLC</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Taxpayer I.D. Number (Hare &amp; Co., LLC):&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">144</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">Auto-Owners Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$3,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$3,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Please contact </font><font style="display: inline;font-size:11pt;">[ ** ] </font><font style="display: inline;">to securely obtain wire transfer instructions for Auto-Owners Life Insurance Company.&nbsp;&nbsp;All payments on account of Notes help by Purchaser shall be made by wire transfer of immediately available funds, providing sufficient information to identify the source of the transfer, the amount of the interest and/or redemption (as applicable) and the identity of the security as to which payment is being made.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Notices</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices for Payments, Wire Transfers and Audit Confirmations, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Auto-Owners Life Insurance Company </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Investment Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P O Box 30660</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Lansing, Michigan&nbsp;&nbsp;48909</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notices for all Other Communications, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Auto-Owners Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Investment Department </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P O Box 30660 </font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Lansing, Michigan&nbsp;&nbsp;48909</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Physical Delivery of Securities</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Auto-Owners Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Investment Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">6101 Anacapri Blvd.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Lansing, Michigan&nbsp;&nbsp;48917</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name of Nominee in which Notes are to be issued:&nbsp;&nbsp;None</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Taxpayer I.D. Number:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">145</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:bold;font-size:11pt;">United of Omaha Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$12,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">1.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Notes to be registered in the name of </font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">UNITED OF OMAHA LIFE INSURANCE COMPANY</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">2.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Tax I.D. # is </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">3.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">All principal and interest payments on the Notes shall be made by wire transfer of </font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">immediately available funds to:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">JPMorgan Chase Bank</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">ABA #</font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;font-size:11pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;;font-size: 11pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">For credit to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Account # </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:53pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">a/c:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Cusip/</font><font style="display: inline;font-size:10.5pt;"> PPN </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Interest Amount:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Principal Amount:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">4.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Address for delivery of bonds:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times;font-size:10.5pt;">JPMorgan Chase Bank</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-family:CG Times;font-size:10.5pt;font-size:5pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;font-family:CG Times;font-size:10.5pt;"> Floor</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">Brooklyn, NY 11245-0001</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">Attention:&nbsp;&nbsp;&nbsp;&nbsp;Physical Receive Department</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">Account# </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">**It is imperative that the custody account be included on the delivery letter.&nbsp;&nbsp;Without</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"> this information, the security will be returned to the sender.</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">5.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Address for all notices in respect of payment of Principal and Interest, Corporate Actions, and Reorganization Notifications:</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">JPMorgan Chase Bank</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times;font-size:10.5pt;">4 Chase Metrotech Center, 16</font><font style="display: inline;font-family:CG Times;font-size:10.5pt;font-size:5pt;vertical-align:super;line-height:14pt">th</font><font style="display: inline;font-family:CG Times;font-size:10.5pt;"> Floor</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times;font-size:10.5pt;">Brooklyn, NY 11245-0001</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Attn:&nbsp;&nbsp;Income Processing </font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">a/c:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:19pt;"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">6. </font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Address for all other communications (i.e.: Quarterly/Annual reports, Tax filings, Modifications,&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Waivers regarding the indenture):</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">4 - Investment Management</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">United of Omaha Life Insurance Company</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">3300 </font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Mutual of Omaha Plaza</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:40pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Omaha,&nbsp;&nbsp;NE&nbsp;&nbsp;68175-1011</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:28pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;">Email Address for Electronic Document Transmission: </font><font style="display: inline;font-size:11pt;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">146</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 10pt"><font style="display: inline;font-family:CG Times (WN);font-size:10.5pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">The Guardian Life Insurance Company of America (PRIF-W)</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$5,000,000</font></p>
					<p style="margin:0pt 27.8pt 0pt 17.2pt;text-align:right;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;">$4,000,000</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Series A Notes ($5MM) and Series B Notes ($4MM) to be registered in the name of:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TAX ID NO. </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4 Chase Metrotech Center &#x2013; 3</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Brooklyn, NY 11245-0001</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payment by wire to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FED ABA #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">A/C </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference </font><font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">, &nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Address for all communications and notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">7 Hanover Square</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">New York, NY 10004-2616</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Investment Department 9-A</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FAX #:&nbsp;&nbsp;(212) 919-2658</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">147</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;font-weight:bold;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">The Guardian Life Insurance Company of America (PRIF-L)</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Series A Notes ($1MM) to be registered in the name of:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TAX ID NO. </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4 Chase Metrotech Center &#x2013; 3</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Brooklyn, NY 11245-0001</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payment by wire to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FED ABA #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font><font style="display: inline;">A/C </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Address for all communications and notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">7 Hanover Square</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">New York, NY 10004-2616</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Investment Department 9-A</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FAX #:&nbsp;&nbsp;(212) 919-2658</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">148</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:279.00pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">Berkshire Life Insurance Company of America</font></p>
				</td>
				<td valign="top" style="width:76.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.60pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Series B Notes ($1,000,000) to be registered in the name of:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Berkshire Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TAX ID NO. </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4 Chase Metrotech Center &#x2013; 3</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Brooklyn, NY 11245-0001</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payment by wire to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FED ABA </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">A/C </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Address for all communications and notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Berkshire Life Insurance Company of America </font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">7 Hanover Square</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">New York, NY 10004-2616</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp; </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Investment Department 9-A</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FAX #:&nbsp;&nbsp;(212) 919-2658</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address: </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">149</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:274.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:122.30pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:274.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt 0pt 0pt 3.3pt;text-indent: -3.3pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:bold;text-transform:uppercase;">The Guardian Insurance &amp; Annuity Company, Inc. </font></p>
				</td>
				<td valign="top" style="width:75.70pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">B</font></p>
				</td>
				<td valign="top" style="width:122.30pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">(</font><font style="display: inline;text-decoration:underline;">GIAC-Life Annuity/GIAC-100)</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Series B Notes ($1,000,000) to be registered in the name of:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Insurance &amp; Annuity Company, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TAX ID NO. </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And delivered to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase Bank, N.A.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">4 Chase Metrotech Center &#x2013; 3</font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;"> Floor</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Brooklyn, NY 11245-0001</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C # </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Payment by wire to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">JP Morgan Chase</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FED ABA #</font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">A/C </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference A/C # </font><font style="display: inline;font-size:11pt;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Address for all communications and notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Guardian Insurance &amp; Annuity Company, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">c/o The Guardian Life Insurance Company of America</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">7 Hanover Square</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">New York, NY 10004-2616</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Barry Scheinholtz</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Investment Department 9-A</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FAX #:&nbsp;&nbsp;(212) 919-2658</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email address: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">150</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">Genworth Mortgage Insurance Corporation</font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:normal;">Nominee Name:&nbsp;&nbsp;Hare &amp; Co., LLC</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$7,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically including </font><font style="display: inline;font-weight:bold;color:#000000;">financials, compliance certificates, amendment requests</font><font style="display: inline;font-weight:bold;color:#000000;">, please send a copy to:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">151</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PRIVATE PLACEMENT INSTRUCTIONS</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:100pt;"><font style="display: inline;">Name of Purchaser:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Genworth Mortgage Insurance Corporation</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:112pt;"><font style="display: inline;">Tax ID Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:71pt;"><font style="display: inline;">Register In Nominee Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and communications including original note agreement, conformed copy of the note agreement, amendment requests, financial statements and other general information to be addressed as follows:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth Financial, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">3001 Summer Street, 4th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Stamford, CT 06905</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Telephone No: (203) 708-3300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fax No: (203) 708-3308</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">If available, an electronic copy is additionally requested.&nbsp;&nbsp;Please send to the following e-mail address:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All corporate actions, including payments and prepayments, should be sent to the above address with copies to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth Financial, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">3001 Summer Street</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Stamford, CT 06905</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Trade Operations</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Telephone No: (203) 708-3300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fax No: (203) 708-3308</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">If available, an electronic copy is additionally requested.&nbsp;&nbsp;Please send to the following e-mail address:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notices with respect to payments and written confirmation of each such payment, including interest payments, redemptions, premiums, make wholes, and fees should also be addressed as above with additional copies addressed to the following:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Income Collection Department</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P.O. Box 392002</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Pittsburgh, PA 15251</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:16pt;"><font style="display: inline;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Income Collection Department</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:91pt;"><font style="display: inline;">Ref:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:58pt;"><font style="display: inline;">P&amp;I Contact:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Payments:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on or in respect of the Notes to be by bank wire transfer of Federal or other immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:78pt;"><font style="display: inline;">ABA #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:56pt;"><font style="display: inline;">Acct Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:88pt;"><font style="display: inline;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:61pt;"><font style="display: inline;">Reference:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent: -108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And By Email:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 61.2pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:90pt;"><font style="display: inline;">Fax:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">(804) 662-7777</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Physical Delivery of the Notes:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">BNY Mellon / Branch Deposit Dept 5th FLR</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Ref: [ ** ]5</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">DTC Securities:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:78pt;"><font style="display: inline;">DTC #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:57pt;"><font style="display: inline;">Agent ID #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:45pt;"><font style="display: inline;">Institutional ID:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]Account Name:</font></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Euroclear:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Euroclear #:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">152</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">Genworth Life Insurance Company</font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:normal;">Nominee Name:&nbsp;&nbsp;Hare &amp; Co., LLC</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$5,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">
			<font style="display: inline;font-size:9pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Also, with respect to any notices delivered electronically including </font><font style="display: inline;font-weight:bold;color:#000000;">financials, compliance certificates, amendment requests</font><font style="display: inline;font-weight:bold;color:#000000;">, please send a copy to:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">153</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PRIVATE PLACEMENT INSTRUCTIONS</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:100pt;"><font style="display: inline;">Name of Purchaser:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Genworth Mortgage Insurance Corporation</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:112pt;"><font style="display: inline;">Tax ID Number:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:71pt;"><font style="display: inline;">Register In Nominee Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Notices:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and communications including original note agreement, conformed copy of the note agreement, amendment requests, financial statements and other general information to be addressed as follows:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth Financial, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">3001 Summer Street, 4th Floor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Stamford, CT 06905</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Telephone No: (203) 708-3300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fax No: (203) 708-3308</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">If available, an electronic copy is additionally requested.&nbsp;&nbsp;Please send to the following e-mail address:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All corporate actions, including payments and prepayments, should be sent to the above address with copies to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Genworth Financial, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">3001 Summer Street</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Stamford, CT 06905</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn:&nbsp;&nbsp;Trade Operations</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Telephone No: (203) 708-3300</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Fax No: (203) 708-3308</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">If available, an electronic copy is additionally requested.&nbsp;&nbsp;Please send to the following e-mail address:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notices with respect to payments and written confirmation of each such payment, including interest payments, redemptions, premiums, make wholes, and fees should also be addressed as above with additional copies addressed to the following:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Income Collection Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">P.O. Box 392002</font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Pittsburgh, PA 15251</font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:11.5pt;"><font style="display: inline;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Income Collection Department</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:14.5pt;"><font style="display: inline;">Ref:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 40.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;">P&amp;I Contact:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"> [ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Payments:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on or in respect of the Notes to be by bank wire transfer of Federal or other immediately available funds to:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:78pt;"><font style="display: inline;">ABA #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:56pt;"><font style="display: inline;">Acct Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:88pt;"><font style="display: inline;">Attn:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:61pt;"><font style="display: inline;">Reference:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent: -108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:-108pt;padding:0pt 108pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 180pt;text-indent: -108pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">And By Email:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 61.2pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:90pt;"><font style="display: inline;">Fax:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">(804) 662-7777</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Physical Delivery of the Notes:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">BNY Mellon / Branch Deposit Dept 5th FLR</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Ref: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">DTC Securities:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:78pt;"><font style="display: inline;">DTC #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:57pt;"><font style="display: inline;">Agent ID #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:45pt;"><font style="display: inline;">Institutional ID:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:43pt;"><font style="display: inline;">Account Name:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 72pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60pt;"><font style="display: inline;">Account #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-decoration:underline;">Euroclear</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Euroclear #:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">154</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">Life Insurance Company of the Southwest</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$8,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:84.5pt;"><font style="display: inline;font-size:11pt;">Purchaser:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Life Insurance Company of the Southwest</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:98.5pt;"><font style="display: inline;font-size:11pt;">Amount:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">8,000,000 &#x2013; 7 year note</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:60.5pt;"><font style="display: inline;font-size:11pt;">Wire Instructions:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">J.P. Morgan Chase &amp; Co.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">New York, NY 10010</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">ABA # </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Account No.:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Account Name:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">Reference:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:54.5pt;"><font style="display: inline;font-size:11pt;">Notice Instructions:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Life Insurance Company of the Southwest</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">c/o National Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One National Life Drive</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Montpelier, Vermont&nbsp;&nbsp;05604</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Fax Number:&nbsp;&nbsp;(802) 223-9332</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:11pt;">E-mail:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:48.5pt;"><font style="display: inline;font-size:11pt;">Address for Physical</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">Life Insurance Company of the Southwest</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:56.5pt;"><font style="display: inline;font-size:11pt;">Delivery of Bonds:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">c/o National Life Insurance Company</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">One National Life Drive</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Montpelier, Vermont&nbsp;&nbsp;05604</font>
		</p>
		<p style="margin:0pt 0pt 0pt 166.5pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">Attention: Treasury - M470</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:65.5pt;"><font style="display: inline;font-size:11pt;">Taxpayer I.D.#:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;"></font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:106.5pt;"><font style="display: inline;font-size:11pt;">Fax #:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:11pt;">802-223-9332</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">155</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">CMFG Life Insurance Company</font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:normal;font-size:11pt;">Nominee Name:&nbsp;&nbsp;TURNKEYS &amp; CO</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$2,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">156</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">CUNA MUTUAL GROUP</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">MEMBERS CAPITAL ADVISORS, INC. ADMINISTRATIVE DETAILS</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:280pt;"><font style="display: inline;font-weight:bold;text-decoration:underline;">DEAL NAME:</font><font style="display: inline;"> &nbsp;Paychex Inc</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">FUNDING DATE:</font><font style="display: inline;"> &nbsp;3/13/2019*</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:198pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;">*funding may occur before 3/13/19</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;">with a 5-day notice after 1/19/19</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">PURCHASER ALLOCATION:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">CMFG Life Insurance Company (nominee name TURNKEYS &amp; Co)</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="border-bottom-style:double;border-bottom-width:2pt;height:100%;text-indent:0pt;">$2,500,000.00</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">SIGNATURE BLOCK:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">CMFG Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">MEMBERS Capital Advisors, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">acting as Investment Advisor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><br /><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Anne M. Finucane</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Title:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Managing Director, Investments</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">NOTE DELIVERY INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All Securities Being Purchased Should Be Registered in (See Nominee Name) and Notes Delivered To:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Newport Office Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ&nbsp;&nbsp;07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">5th floor / NY Window / Robert Mendez</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FBO: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">WIRING INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Bank:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">DDA #:&nbsp;&nbsp;[ ** ]REFERENCE FUND:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nominee Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">CMFG Life Insurance Company TAX ID#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TURNKEYS &amp; CO TAX ID#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">All notices of payments, wires, audit confirmations, compliance and Financials shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">EMAIL:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">All Legal communication shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">EMAIL:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">CLOSING DOCUMENTS:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Please send only one CD for all entities and forward to the address below:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">**Note** No bound or hard copies sent</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">MEMBERS CAPITAL ADVISORS, INC.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ATTN: PRIVATE PLACEMENTS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">5910 MINERAL POINT ROAD</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">MADISON, WI&nbsp;&nbsp;53705-4456</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">157</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">CMFG Life Insurance Company</font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:normal;font-size:11pt;">Nominee Name:&nbsp;&nbsp;TURNKEYS &amp; CO</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$2,500,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">158</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">CUNA MUTUAL GROUP</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 6pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:6pt;">INSURANCE SERVICES ASSET MANAGEMENT</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">MEMBERS CAPITAL ADVISORS, INC. ADMINISTRATIVE DETAILS</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">DEAL NAME: Paychex Inc</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:right;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">FUNDING DATE: 3/13/2019*</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:right;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">*funding may occur before 3/13/19</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:right;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">With a 5-day notice after 1/9/19</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">PURCHASER ALLOCATION:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">CFMG Life Insurance Company (nominee name TURNKEYS &amp; CO) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">$2,500,000.00</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">SIGNATURE BLOCK:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">CMFG Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">By: MEMBERS Capital Advisors, Inc.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Acting as Investment Advisor</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">By __________________</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Name: Anne M Finucane</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Title: Managing Director, Investments</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">NOTE DELIVERY INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">All Securities Being Purchased Should Be Registered In (See Nominee Name) and Notes Delivered To:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">DTCC</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Newport Office Center</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Jersey City, NJ 07310</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">5th floor / NY Window / Robert Mendez</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">FBO: State Street Bank &amp; Trust for ZT1E</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">WIRING INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">ABA: 011000028</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Bank: State Street Bank</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Account Name: CMFG Life Insurance Company</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">DDA #: 1662-544-4</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">REFERENCE: ZT1E</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Nominee Name: TURNKEYS &amp; CO</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">CMFG Life Insurance Company TAX ID#: 39-0230590</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">TURNKEYS &amp; CO TAX ID#: 03-0400481</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">All notices of payments, wires, audit confirmations, compliance and Financials shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#FF0000;font-size:8pt;">EMAIL: DS-PrivatePlacemnts@cunamutual.com</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">All Legal communication shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#FF0000;font-size:8pt;">EMAIL: DS-PrivatePlacements@cunamutal.com</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#FF0000;font-size:8pt;">EMAIL: Paul.Barbato@cunamutal.com</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;text-decoration:underline;">CLOSING DOCUMENTS:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">Please send only one CD for all entities and forward to the address below:</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;color:#FF0000;font-size:8pt;">**Note** No bound or hard copies sent</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">MEMBERS CAPITAL ADVISORS, INC.</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">ATTN: PRIVATE PLACEMENTS</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">5910 MINERAL POINT ROAD</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-indent:18pt;font-family:Times;font-size: 8pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:8pt;">MADISON, WI 53705-4456</font>
		</p>
		<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">159</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:100%;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">CMFG Life Insurance Company</font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;font-weight:normal;font-size:11pt;">Nominee Name:&nbsp;&nbsp;TURNKEYS &amp; CO</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;font-style:italic;">See instructions on following page.</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-style:italic;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">160</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 12pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">CUNA MUTUAL GROUP</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">MEMBERS CAPITAL ADVISORS, INC. ADMINISTRATIVE DETAILS</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:280pt;"><font style="display: inline;font-weight:bold;text-decoration:underline;">DEAL NAME:</font><font style="display: inline;"> &nbsp;Paychex Inc</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;"></font><font style="display: inline;font-weight:bold;text-decoration:underline;">FUNDING DATE:</font><font style="display: inline;"> &nbsp;3/13/2019*</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:198pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;">*funding may occur before 3/13/19</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;">with a 5-day notice after 1/19/19</font></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">PURCHASER ALLOCATION:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">CMFG Life Insurance Company (nominee name TURNKEYS &amp; Co)</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="border-bottom-style:double;border-bottom-width:2pt;height:100%;text-indent:0pt;">$1,000,000.00</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">SIGNATURE BLOCK:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">CMFG Life Insurance Company</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">MEMBERS Capital Advisors, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">acting as Investment Advisor</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">By:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><font style="display: inline;text-decoration:underline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;text-decoration:underline;"></font><br /><font style="display: inline;"></font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Name:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Anne M. Finucane</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Title:</font><font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">Managing Director, Investments</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">NOTE DELIVERY INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All Securities Being Purchased Should Be Registered in (See Nominee Name) and Notes Delivered To:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">DTCC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Newport Office Center</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ&nbsp;&nbsp;07310</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">5th floor / NY Window / Robert Mendez</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">FBO: [ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">WIRING INSTRUCTIONS:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Bank:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Account Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">DDA #:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">REFERENCE FUND:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Nominee Name:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">CMFG Life Insurance Company TAX ID#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">TURNKEYS &amp; CO TAX ID#:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">All notices of payments, wires, audit confirmations, compliance and Financials shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">EMAIL:&nbsp;&nbsp;DS-PrivatePlacements@cunamutual.com</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">All Legal communication shall be EMAILED to:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">CLOSING DOCUMENTS:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Please send only one CD for all entities and forward to the address below:</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">**Note** No bound or hard copies sent</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">MEMBERS CAPITAL ADVISORS, INC.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ATTN: PRIVATE PLACEMENTS</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">5910 MINERAL POINT ROAD</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">MADISON, WI&nbsp;&nbsp;53705-4456</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">161</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">RGA Reinsurance Company</font></p>
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">16600 Swingley Ridge Rd </font></p>
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-weight:normal;">Chesterfield, MO 63017-1706</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;text-transform:uppercase;">A</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:12pt;text-align:right;" nowrap="nowrap">$6,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:14pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Payments</font>
		</p>
		<p style="margin:0pt 0pt 12pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All payments on or in respect of the Certificates to be by bank wire transfer of Federal or other immediately available funds identifying each payment as </font><font style="display: inline;font-style:italic;">&#x201C;</font><font style="display: inline;">Paychex Inc., [ ** ], principal, premium or interest</font><font style="display: inline;font-style:italic;">&#x201D;</font><font style="display: inline;"> &nbsp;to:</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Registered Holder:&nbsp;&nbsp;Hare &amp; Co., LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York Mellon</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ABA# [ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Beneficiary Account: [ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference:&nbsp;&nbsp;[ ** ] &amp; Split out amount of Principal versus Interest</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Notices</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and communications to be addressed as first provided above, except notices with respect to payments and written confirmation of each such payment, to be addressed:</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Hare &amp; Co., LLC</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Bank of New York Mellon Corp</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Attn: P&amp;I Department</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PO BOX 19266</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Newark, NJ 07195</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Email: privateplacements@rgare.com</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;text-decoration:underline;">Physical Delivery of Securities</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Depository Trust Company</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">570 Washington Blvd - 5th floor </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Jersey City, NJ&nbsp;&nbsp;07310 </font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Reference:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name of Nominee in which Certificates are to be issued:&nbsp;&nbsp;Hare &amp; Co., LLC</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Taxpayer I.D. Number:&nbsp;&nbsp;[ ** ]</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">162</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Ameritas Life Insurance Corp.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Ameritas Investment Partners, Inc.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">5945 R Street</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Lincoln, NE 68505</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$4,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;text-decoration:underline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;text-decoration:underline;">Tax ID Number</font><font style="display: inline;font-size:10pt;text-decoration:underline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;text-indent:-36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All payments by wire transfer of immediately available funds to:</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">ABA #</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">DDA Clearing Account:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Further Credit - </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 171pt;text-indent: -63pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-63pt; padding-right:59pt;"><font style="display: inline;font-size:10pt;">Reference: </font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;text-indent:-36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All notices of payments and written confirmations of such wire transfers </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">sent</font><font style="display: inline;font-size:10pt;">&nbsp;</font><font style="display: inline;font-size:10pt;">to:</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:105pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Ameritas Life Insurance Corp.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:161pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">5945 R Street</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:142pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Lincoln, NE&nbsp;&nbsp;68505</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:102pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Investment Accounting</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:134pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Fax#: (402) 467-6970</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent: -166.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-166.5pt; padding-right:214pt;"></font><font style="text-indent:0pt;margin-left:-166.5pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;text-indent:-36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">3)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All other communications </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">sent</font><font style="display: inline;font-size:10pt;"> to:</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 288pt;text-indent: -180pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Ameritas Life Insurance Corp.</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Ameritas Investment Partners, Inc.</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Private Placements</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">5945 R Street</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Lincoln, NE 68505</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:10pt;">Contacts:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Tel:&nbsp;&nbsp;402-467-7471</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Fax:&nbsp;&nbsp;402-467-6970</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt;text-indent:108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;text-indent:-36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Delivery of certificates by registered mail to:</font></font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">JPMorgan Chase Bank, N.A.</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;font-size:10pt;"> Floor</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Brooklyn, NY&nbsp;&nbsp;11245-0001</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Physical Receive Department</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">REF:&nbsp; </font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">REF:&nbsp; </font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">To be registered in the nominee of CUDD &amp; CO. LLC for the benefit of Ameritas Life Insurance Corp. (Nominee Tax ID </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt;text-indent:36pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">AND</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Copy of Certificates sent to [ ** ], Ameritas Investment Partners, Inc., per above</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">163</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:478.10pt;margin-left:4.5pt;">
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name and Address of Purchaser</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:127.10pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:282.75pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:bold;font-size:10pt;">Ameritas Life Insurance Corp. of New York</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Ameritas Investment Partners, Inc.</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">5945 R Street</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10pt;">Lincoln, NE 68505</font></p>
				</td>
				<td valign="top" style="width:68.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;text-transform:uppercase;font-size:10pt;">B</font></p>
				</td>
				<td valign="top" style="width:127.10pt;font-weight:bold;font-family:Times;font-size:10pt;text-align:right;" nowrap="nowrap">$1,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;color:#000000;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 319.5pt;text-indent: -324pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:-324pt; padding-right:294pt;"><font style="display: inline;font-size:10pt;text-decoration:underline;">Tax ID Number</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">&nbsp;</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.3pt;line-height:50%;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">1)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All payments by wire transfer of immediately available funds to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">JPMorgan Chase Bank</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">ABA #</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">DDA Clearing Account</font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:10pt;">Reference: </font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt -4.5pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27pt;"><font style="display: inline;font-size:10pt;">2)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All notices of payments and written confirmations of such wire transfers to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Ameritas Life Insurance Corp.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">5945 R Street</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Lincoln, NE&nbsp;&nbsp;68505</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Investment Accounting</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Fax#: (402) 467-6970</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">All other communications </font><font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">sent</font><font style="display: inline;font-size:10pt;"> to:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Ameritas Life Insurance Corp. of New York</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Ameritas Investment Partners, Inc.</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Private Placements</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">5945 R Street</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Lincoln, NE 68505</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 67.5pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:2pt;"><font style="display: inline;font-size:10pt;">Contacts:</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Tel:&nbsp;&nbsp;402-467-7471</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">Fax: 402-467-6970</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">Email:&nbsp; </font><font style="display: inline;">[ ** ]</font>
		</p>
		<p style="margin:0pt 0pt 0pt 108pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:100%;font-family:Times New Roman;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:22.5pt;"><font style="display: inline;font-size:10pt;">4)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Delivery of certificates by registered mail:</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">JPMorgan Chase Bank</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">4 Chase Metrotech Center, 3</font><font style="display: inline;font-size:10pt;font-size:5pt;vertical-align:super;line-height:14pt">rd</font><font style="display: inline;font-size:10pt;"> Floor</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">Brooklyn, NY&nbsp;&nbsp;11245-0001</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">ATTN:&nbsp;&nbsp;Physical Receive Department</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">REF:&nbsp; </font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:34pt;text-align:left"><font style="display: inline;font-size:10pt;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-size:10pt;">REF:&nbsp; </font><font style="display: inline;">[ ** ]</font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-size:10pt;">To be registered in the nominee of CUDD &amp; CO. LLC for the benefit of Ameritas Life Insurance Corp. of New York (Nominee Tax ID </font><font style="display: inline;">[ ** ]</font><font style="display: inline;font-size:10pt;">)</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-align:center;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;">AND</font>
		</p>
		<p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 10pt">
			<font style="display: inline;font-weight:bold;font-size:10pt;text-decoration:underline;">Copy of Certificates sent to Joe Mick, Ameritas Investment Partners, Inc., per above</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">B-</font><font style="display: inline;"></font><font style="display: inline;">164</font><font style="display: inline;"></font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p><div style="width:100%">

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">

			&nbsp;

		</p>

</div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;;font-size: 11pt"><font style="display: inline;color:#000000;font-size:11pt;"></font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:477.00pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:281.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;text-transform:uppercase;font-size:10.5pt;"></font><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Name of Purchaser</font></p>
				</td>
				<td valign="top" style="width:73.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<br /><font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Series</font></p>
				</td>
				<td valign="top" style="width:121.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:center;font-weight:bold;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-weight:normal;text-transform:uppercase;font-size:10.5pt;">Principal Amount of Notes to be Purchased</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:281.90pt;padding:0pt 6.5pt">
					<p style="margin:0pt;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">Southern Farm Bureau Life Insurance Company</font></p>
				</td>
				<td valign="top" style="width:73.60pt;padding:0pt 6.5pt">
					<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 11pt">
						<font style="display: inline;text-transform:uppercase;font-size:11pt;">A</font></p>
				</td>
				<td valign="top" style="width:121.50pt;font-weight:bold;font-family:Times;font-size:11pt;text-align:right;" nowrap="nowrap">$3,000,000&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width:476.75pt;font-family:Calibri;font-size:11pt;margin-left:0pt;">
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Purchaser:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Southern Farm Bureau Life Insurance Company</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;height:14.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Tax ID No.:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;height:14.80pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Nominee:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Ell &amp; Co</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">c/o Northern Trust Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">PO Box 92395</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Chicago, IL 60675</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Tax ID#: 36-6412623</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Name in which Bond is to be drafted:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Ell &amp; Co, F/B/O Southern Farm Bureau Life Insurance Company</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Payment Information:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">All payments should be made by wire transfer of immediately available funds to:</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;text-align:right;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">The Northern Trust Company</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Chicago, IL 60607</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10.5pt;">ABA No.: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt 0pt 0pt 62.1pt;line-height:12pt;text-indent: -62.1pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10.5pt;">SWIFT/BIC: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt 0pt 0pt 62.1pt;line-height:12pt;text-indent: -62.1pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10.5pt;">Acct. Name: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10.5pt;">Acct. No.: </font><font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-size:10.5pt;">Reference:&nbsp;&nbsp; </font><font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">**with sufficient information to identify the source and application of such funds, including the interest amount, principal amount, premium amount, etc.</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Address for notices related to scheduled payments:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">The Northern Trust Company</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn: Income Collections/Oscell Owens</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">801 S Canal St</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Chicago, IL 60607</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-style:italic;font-size:10.5pt;">With a copy to:</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Address for audit confirmation requests:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-style:italic;font-size:10.5pt;">By electronic delivery to:</font></p>
					<p style="margin:0pt 0pt 0pt 8.1pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Address for all other communications, including waivers, amendments, consents and financial information:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-style:italic;font-size:10.5pt;">By electronic delivery to:</font></p>
					<p style="margin:0pt 0pt 0pt 8.1pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn: Securities Management</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Address for physical delivery of Bonds:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">The Northern Trust Company</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Attn: Trade Securities Processing</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">801 S Canal St C2-N</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Chicago, IL 60607</font></p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-style:italic;font-size:10.5pt;">With an electronic copy of the transmittal to:</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
						<font style="display: inline;">[ ** ]</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="border-right:1pt solid #000000 ;border-top:1pt solid #000000 ;border-left:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:103.25pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;font-family:Times;font-size: 10pt">
						<font style="display: inline;font-size:10.5pt;">Contact Persons:</font></p>
				</td>
				<td valign="top" style="border-left:1pt solid #000000 ;border-top:1pt solid #000000 ;border-right:1pt solid #000000 ;border-bottom:1pt solid #000000 ;width:373.50pt;padding:0pt 6.5pt">
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:10.5pt;">David Divine</font></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Zach Farmer</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:10.5pt;">Senior Portfolio Manager</font></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">Portfolio Manager</font></p>
					<p style="margin:0pt;line-height:12pt;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 10pt">
						<font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;"><font style="display: inline;font-size:10.5pt;">(601) 981-5332 x1010</font></font><font style="display: inline;font-size:10.5pt;;font-size: 10pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-size:10.5pt;">(601) 981-5332 x1486</font></p>
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 11pt">
			<font style="display: inline;color:#000000;font-size:11pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Exhibit 1.3</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;font-weight:bold;">Form of Subsidiary Guaranty</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:40pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Subsidiary Guaranty Agreement</font>
		</p>
		<p style="margin:30pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Dated as of [___________, 2019]</font>
		</p>
		<p style="margin:30pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">of</font>
		</p>
		<p style="margin:30pt 0pt 0pt;border-top:1pt none #D9D9D9 ;font-weight:normal;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Advantage Payroll Services, Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex Advance LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex North America Inc.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex Management LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex Business Solutions, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex Holdings, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO I, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO II, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO III, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO IV, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO V, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO VI, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex PEO VII, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PBS of Central Florida, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 36pt;text-indent: -18pt;text-align:center;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PBS of America, LLC</font>
		</p>
		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Paychex Administrative Services, LLC</font>
		</p>
		<p style="margin:40pt 0pt 0pt;border-bottom:2pt double #000000;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Table of Contents</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<div style="width:100%"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;">
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 1pt">
						<font style="display: inline;font-size:1pt;">&#xFEFF;</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
				<td valign="bottom" style="width:05.06%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
						&nbsp;</p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:center;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Heading</font></p>
				</td>
				<td valign="bottom" style="width:05.06%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-align:right;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Page</font></p>
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;1.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Guaranty</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">2&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;2.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Obligations Absolute</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">3&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;3.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Waiver</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;4.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Obligations Unimpaired</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">4&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;5.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Subrogation and Subordination</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">5&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;6.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Reinstatement of Guaranty</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;7.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Rank of Guaranty</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;8.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Term of Subsidiary Guaranty Agreement</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">6&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;9.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Survival of Representations and Warranties; Entire Agreement</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;10.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Amendment and&nbsp;&nbsp;Waiver.</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.1.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Requirements</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.2.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Solicitation of Holders of Notes</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">7&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.3.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Binding Effect</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;10.4.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Notes Held by Company, Etc</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;11.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Notices</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">8&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Section&nbsp;12.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:6pt 0pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;text-transform:uppercase;color:#000000;">Miscellaneous</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.1.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Successors and Assigns; Joinder</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.2.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Severability</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.3.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Construction</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.4.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Further Assurances</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.5.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Governing Law</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
			<tr>
				<td valign="top" style="width:14.30%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;line-height:100%;text-indent:12pt;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Section&nbsp;12.6.</font></p>
				</td>
				<td valign="top" style="width:80.64%;background-color: #auto;padding:0pt;">
					<p style="margin:0pt 0pt 0pt 12pt;line-height:100%;font-family:Times;font-size: 12pt">
						<font style="display: inline;font-family:Times New Roman;color:#000000;">Jurisdiction and Process; Waiver of Jury Trial</font></p>
				</td>
				<td valign="middle" style="width:05.06%;background-color: #auto;;color:#000000;font-family:Times New Roman;font-size:12pt;text-align:right;" nowrap="nowrap">9&nbsp;
				</td>
			</tr>
		</table></div>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Subsidiary Guaranty Agreement</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">T</font><font style="display: inline;text-transform:uppercase;">his </font><font style="display: inline;text-transform:uppercase;">Subsidiary Guaranty Agreement</font><font style="display: inline;">, dated as of [___________, 2019] (this </font><font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guaranty Agreement&#x201D;</font><font style="display: inline;">), is made by each of the undersigned (each a </font><font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">Subsidiary Guarantor</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">and, together with each of the other signatories hereto and any other entities from time to time parties hereto pursuant to Section&nbsp;12.1 hereof, the </font><font style="display: inline;font-weight:bold;">&#x201C;</font><font style="display: inline;font-weight:bold;">Subsidiary Guarantors</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;">) in favor of the Purchasers (as defined below) and the other holders from time to time of the Notes (as defined below).&nbsp;&nbsp;The Purchasers and such other holders are herein collectively called the </font><font style="display: inline;font-weight:bold;">&#x201C;holders</font><font style="display: inline;">&#x201D; &nbsp;</font><font style="display: inline;">and individually a </font><font style="display: inline;font-weight:bold;">&#x201C;holder</font><font style="display: inline;font-weight:bold;">.</font><font style="display: inline;font-weight:bold;">&#x201D;</font><font style="display: inline;">&nbsp;</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">P</font><font style="display: inline;text-transform:uppercase;">reliminary </font><font style="display: inline;text-transform:uppercase;">S</font><font style="display: inline;text-transform:uppercase;">tatements</font><font style="display: inline;text-transform:uppercase;">: &nbsp;</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:38.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7.1pt;text-align:right"><font style="display: inline;">I.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Paychex of New York LLC, a Delaware limited liability company (the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), and Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D; and collectively with the Company, the </font><font style="display: inline;font-weight:bold;">&#x201C;Obligors&#x201D;</font><font style="display: inline;">), have entered into a Note Purchase and Guarantee Agreement dated as of January 9, 2019 (as amended, modified, supplemented or restated from time to time, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Agreement&#x201D;</font><font style="display: inline;">) with the Persons listed on the signature pages thereto (the </font><font style="display: inline;font-weight:bold;">&#x201C;Purchasers&#x201D;</font><font style="display: inline;">) simultaneously with the delivery of this Subsidiary Guaranty Agreement.</font><font style="display: inline;"> Capitalized terms used herein have the meanings specified in the Note Agreement or Schedule A annexed thereto unless otherwise defined herein.</font><font style="display: inline;font-style:italic;"> &nbsp; &nbsp;</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:35.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4.1pt;text-align:right"><font style="display: inline;">II.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">The Company has authorized the issuance, pursuant to the Note Agreement, of (i)&nbsp;$400,000,000 aggregate principal amount of its 4.07% Senior Notes, Series&nbsp;A, due on March&nbsp;13, 2026 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;A Notes&#x201D;</font><font style="display: inline;">) and (ii)&nbsp;$400,000,000 aggregate principal amount of its 4.25% Senior Notes, Series&nbsp;B, due on March 13, 2029 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;B Notes&#x201D;</font><font style="display: inline;">, together with the Series&nbsp;A Notes, including any notes issued in substitution for any of the Notes, the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">).</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:32.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:1.1pt;text-align:right"><font style="display: inline;">III.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">It is a condition to the Agreement of the Purchasers to purchase the Notes that this Subsidiary Guaranty Agreement shall have been executed and delivered by each of the undersigned Subsidiary Guarantors and shall be in full force and effect.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">IV.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Each such Subsidiary Guarantor will receive direct and indirect benefits from the financing arrangements contemplated by the Note Agreement. The Board of Directors or other governing body, as applicable, of each such Subsidiary Guarantor has determined that the</font><font style="display: inline;"> incurrence of such obligations is in the best interests of such Subsidiary Guarantor.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">N</font><font style="display: inline;text-transform:uppercase;">ow </font><font style="display: inline;text-transform:uppercase;">T</font><font style="display: inline;text-transform:uppercase;">herefore</font><font style="display: inline;">, in order to induce, and in consideration of, the execution and delivery of the Note Agreement and the purchase of the Notes by each of the Purchasers, each Subsidiary Guarantor hereby covenants and agrees with, and represents and warrants to each of the holders as follows: </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;1.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">G</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">uaranty</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor hereby irrevocably, unconditionally and jointly and severally with the other Subsidiary Guarantors guarantees to each holder, the due and punctual payment in full of (a)&nbsp;the principal of, Make</font><font style="display: inline;">&#8209;Whole Amount, if any, and interest on (including, without limitation, interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, whether or not a claim for post</font><font style="display: inline;">&#8209;filing or post</font><font style="display: inline;">&#8209;petition interest is allowed in such proceeding), and any other amounts due under, the Notes when and as the same shall become due and payable (whether at stated maturity or by required or optional prepayment or by acceleration or otherwise) and (b)&nbsp;any other sums which may become due under the terms and provisions of the Notes or the Note Agreement (all such obligations described in clauses (a)&nbsp;and (b)&nbsp;above are herein called the </font><font style="display: inline;font-weight:bold;">&#x201C;Guaranteed Obligations&#x201D;</font><font style="display: inline;">) up to the Maximum Guaranteed Amount (as defined below).&nbsp;&nbsp;The guaranty in the preceding </font><font style="display: inline;">sentence is an absolute, present and continuing guaranty of payment and not of collectability and is in no way conditional or contingent upon any attempt to collect from any Obligor or any other Subsidiary Guarantor of the Notes (including, without limitation, any other Subsidiary Guarantor hereunder) or upon any other action, occurrence or circumstance whatsoever.&nbsp;&nbsp;In the event that the Company shall fail so to pay any of such Guaranteed Obligations, each Subsidiary Guarantor agrees to pay any unpaid amount of the Guaranteed Obligations when due to the holders entitled thereto, without demand, presentment, protest or notice of any kind, in lawful money of the United States of America, pursuant to the requirements for payment specified in the Notes and the Note Agreement.&nbsp;&nbsp;Each default in payment of any of the Guaranteed Obligations shall give rise to a separate cause of action hereunder and separate suits may be brought hereunder as each cause of action arises.&nbsp;&nbsp;Each Subsidiary Guarantor agrees that the Notes issued in connection with the Note Agreement may (but need not) make reference to this Subsidiary Guaranty Agreement.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor agrees to pay and to indemnify and save each holder harmless from and against any damage, loss, cost or expense (including reasonable attorneys&#x2019; fees) which such holder may incur or be subject to as a consequence, direct or indirect, of (x)&nbsp;any breach by such Subsidiary Guarantor, by any other Subsidiary Guarantor or by any Obligor of any warranty, covenant, term or condition in, or the occurrence of any default under, this Subsidiary Guaranty Agreement, the Notes, or the Note Agreement, together with all expenses resulting from the compromise or defense of any claims or liabilities arising as a result of any such breach or default, (y)&nbsp;any legal action commenced to challenge the validity or enforceability of this Subsidiary Guaranty Agreement, the Notes, or the Note Agreement, and (z)&nbsp;enforcing or defending the provisions of this Subsidiary Guaranty Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor hereby acknowledges and agrees that such Subsidiary Guarantor&#x2019;s liability hereunder is joint and several with the other Subsidiary Guarantors, the Parent and any other Person(s) who may guarantee the obligations and Indebtedness under and in respect of the Notes and the Note Agreement.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notwithstanding the foregoing provisions or any other provision of this Subsidiary Guaranty Agreement, the Note Agreement or any Note, (i) the Subsidiary Guarantors&#x2019; liability under this Subsidiary Guaranty Agreement shall not exceed the Maximum Guaranteed Amount and (ii) the Purchasers (on behalf of themselves and their successors and assigns) and each Subsidiary Guarantor hereby agree that if at any time the Guaranteed Obligations exceed the Maximum Guaranteed Amount determined as of such time with regard to such Subsidiary Guarantor, then this Subsidiary Guaranty Agreement shall be automatically amended to reduce the Guaranteed Obligations to the Maximum Guaranteed Amount.&nbsp;&nbsp;Such amendment shall not require the written consent of any Subsidiary Guarantor or any holder and shall be deemed to have been automatically consented to by each Subsidiary Guarantor and each holder.</font><font style="display: inline;text-transform:uppercase;"> &nbsp; &nbsp;</font><font style="display: inline;">Each Subsidiary Guarantor agrees that the Guaranteed Obligations may at any time exceed the Maximum </font><font style="display: inline;">Guaranteed Amount without affecting or impairing the obligation of such Subsidiary Guarantor.&nbsp; </font><font style="display: inline;font-weight:bold;">&#x201C;Maximum Guaranteed Amount&#x201D;</font><font style="display: inline;font-style:italic;">&nbsp;</font><font style="display: inline;">means as of the date of determination with respect to a Subsidiary Guarantor, the lesser of (a)&nbsp;the amount of the Guaranteed Obligations outstanding on such date and (b)&nbsp;the maximum amount that would not render such Subsidiary Guarantor&#x2019;s liability under this Subsidiary Guaranty Agreement subject to avoidance under Section&nbsp;548 of the United States Bankruptcy Code (or any successor provision) or any comparable provision of applicable state law.</font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;2.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">O</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">bligations </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">A</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">bsolute</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The obligations of each Subsidiary Guarantor hereunder shall be primary, absolute, irrevocable and unconditional, irrespective of the validity or enforceability of the Notes or the Note Agreement, shall not be subject to any counterclaim, setoff, deduction or defense based upon any claim such Subsidiary Guarantor may have against any Obligor or any holder or otherwise, and shall remain in full force and effect without regard to, and shall not be released, discharged or in any way affected by, any circumstance or condition whatsoever (whether or not such Subsidiary Guarantor shall have any knowledge or notice thereof) other than the indefeasible payment in full in cash of the Guaranteed Obligations, including, without limitation: (a)&nbsp;any amendment to, modification of, supplement to or restatement of the Notes, or the Note Agreement (it being agreed that the obligations of each Subsidiary Guarantor hereunder shall apply to the Notes and the Note Agreement as so amended, modified, supplemented or restated) or any assignment or transfer of any thereof or of any interest therein, or any furnishing, acceptance or release of any security for the Notes or the addition, substitution or release of any other Subsidiary Guarantor or any other entity or other Person primarily or secondarily liable in respect of the Guaranteed Obligations; (b)&nbsp;any waiver, consent, extension, indulgence or other action or inaction under or in respect of the Notes or the Note Agreement; (c)&nbsp;any bankruptcy, insolvency, arrangement, reorganization, readjustment, composition, liquidation or similar proceeding with respect to the Company or its property; (d)&nbsp;any merger, amalgamation or consolidation of any Subsidiary Guarantor or of the Company into or with any other Person or any sale, lease or transfer of any or all of the assets of any Subsidiary Guarantor or of the Company to any Person; (e)&nbsp;any failure on the part of the Company for any reason to comply with or perform any of the terms of any other agreement with any Subsidiary Guarantor; (f)&nbsp;any failure on the part of any holder to obtain, maintain, register or otherwise perfect any security; or (g)&nbsp;any other event or circumstance which might otherwise constitute a legal or equitable discharge or defense of a Subsidiary Guarantor (whether or not similar to the foregoing), and in any event however material or prejudicial it may be to any Subsidiary Guarantor or to any subrogation, contribution or reimbursement rights any Subsidiary Guarantor may otherwise have.&nbsp;&nbsp;Each Subsidiary Guarantor covenants that its obligations hereunder will not be discharged except by indefeasible payment in full in cash of all of the Guaranteed Obligations and all other obligations hereunder.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;3.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">W</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">aiver</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor unconditionally waives to the fullest extent permitted by law, (a)&nbsp;notice of acceptance hereof, of any action taken or omitted in reliance hereon and of any default by the Company in the payment of any amounts due under the Notes or the Note Agreement, and of any of the matters referred to in Section&nbsp;2 hereof, (b)&nbsp;all notices which may be required by statute, rule of law or otherwise to preserve any of the rights of any holder against such Subsidiary Guarantor, including, without limitation, presentment to or demand for payment from the Company or any Subsidiary Guarantor with respect to any Note, notice to the Company or to any Subsidiary Guarantor of default or protest for nonpayment or dishonor and the filing of claims with a court in the event of the bankruptcy of the Company, (c)&nbsp;any right to require any holder to enforce, assert or exercise any right, power or remedy including, without limitation, any right, power or remedy conferred in the Note Agreement or the Notes, (d)&nbsp;any requirement for diligence on the part of any holder and (e)&nbsp;any other act or omission or thing or delay in doing any other act or thing which might in any manner or to any extent vary the risk of such Subsidiary Guarantor or otherwise operate as a discharge of such Subsidiary Guarantor or in any manner lessen the obligations of such Subsidiary Guarantor hereunder.</font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;4.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">O</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">bligations Unimpaired</font><font style="display: inline;text-transform:uppercase;">.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor authorizes the holders, without notice or demand to such Subsidiary Guarantor or any other Subsidiary Guarantor and without affecting its obligations hereunder, from time to time: (a)&nbsp;to renew, compromise, extend, accelerate or otherwise change the time for payment of, all or any part of the Notes or the Note Agreement; (b)&nbsp;to change any of the representations, covenants, events of default or any other terms or conditions of or pertaining to the Notes or the Note Agreement, including, without limitation, decreases or increases in amounts of principal, rates of interest, the Make</font><font style="display: inline;">&#8209;Whole Amount or any other obligation; (c)&nbsp;to take and hold security for the payment of the Notes or the Note Agreement, for the performance of this Subsidiary Guaranty Agreement or otherwise for the Indebtedness guaranteed hereby and to exchange, enforce, waive, subordinate and release any such security; (d)&nbsp;to apply any such security and to direct the order or manner of sale thereof as the holders in their sole discretion may determine; (e)&nbsp;to obtain additional or substitute endorsers or Subsidiary Guarantors or release any other Subsidiary Guarantor or any other Person or entity primarily or secondarily liable in respect of the Guaranteed Obligations; (f)&nbsp;to exercise or refrain from exercising any rights against the any Obligor, any Subsidiary Guarantor or any other Person; and (g)&nbsp;to apply any sums, by whomsoever paid or however realized, to the payment of the Guaranteed Obligations and all other obligations owed hereunder.&nbsp;&nbsp;The holders shall have no obligation to proceed against any additional or substitute endorsers or Subsidiary Guarantors or to pursue or exhaust any security provided by the Company, such Subsidiary Guarantor or any other Subsidiary Guarantor or any other Person or to pursue any other remedy available to the holders.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">If an event permitting the acceleration of the maturity of the principal amount of any Notes shall exist and such acceleration shall at such time be prevented or the right of any holder to receive any payment on account of the Guaranteed Obligations shall at such time be delayed or otherwise affected by reason of the pendency against any Obligor, any Subsidiary Guarantor or any other Subsidiary Guarantors of a case or proceeding under a bankruptcy or insolvency law, such Subsidiary Guarantor agrees that, for purposes of this Subsidiary Guaranty Agreement and its obligations hereunder, the maturity of such principal amount shall be deemed to have been accelerated with the same effect as if the holder thereof had accelerated the same in accordance with the terms of the Note Agreement, and such Subsidiary Guarantor shall forthwith pay such accelerated Guaranteed Obligations.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;5.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">S</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">ubrogation and Subordination</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Each Subsidiary Guarantor will not exercise any rights which it may have acquired by way of subrogation under this Subsidiary Guaranty Agreement, by any payment made hereunder or otherwise, or accept any payment on account of such subrogation rights, or any rights of reimbursement, contribution or indemnity or any rights or recourse to any security for the Notes or this Subsidiary Guaranty Agreement unless and until all of the Guaranteed Obligations shall have been indefeasibly paid in full in cash.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Upon the occurrence and during the continuance of any Event of Default under the Note Agreement, each Subsidiary Guarantor hereby subordinates the payment of all Indebtedness and other obligations of the Company or any other Subsidiary Guarantor of the Guaranteed Obligations owing to such Subsidiary Guarantor, whether now existing or hereafter arising, including, without limitation, all rights and claims described in clause&nbsp;(a) of this Section&nbsp;5, to the indefeasible payment in full in cash of all of the Guaranteed Obligations.&nbsp;&nbsp;If the Required Holders so request in writing to such Subsidiary Guarantor, any such Indebtedness or other obligations shall be enforced and performance received by such Subsidiary Guarantor as trustee for the holders and the proceeds thereof shall be paid over to the holders promptly, in the form received (together with any necessary endorsements) to be applied to the Guaranteed Obligations, whether matured or unmatured, as may be directed by the Required Holders, but without reducing or affecting in any manner the liability of any Subsidiary Guarantor under this Subsidiary Guaranty Agreement.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">If any amount or other payment is made to or accepted by any Subsidiary Guarantor in violation of any of the preceding clauses (a)&nbsp;and (b)&nbsp;of this Section&nbsp;5, such amount shall be deemed to have been paid to such Subsidiary Guarantor for the benefit of, and held in trust for the benefit of, the holders and shall be paid over to the holders promptly, in the form received (together with any necessary endorsements) to be applied to the Guaranteed Obligations, whether matured or unmatured, as may be directed by the Required Holders, but without reducing or affecting in any manner the liability of such Subsidiary Guarantor under this Subsidiary Guaranty Agreement.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Each Subsidiary Guarantor acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the Note Agreement and that its agreements set forth in this Subsidiary Guaranty Agreement (including this Section&nbsp;5) are knowingly made in contemplation of such benefits.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(e)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Each Subsidiary Guarantor hereby agrees that, to the extent that a Subsidiary Guarantor shall have paid an amount hereunder to any holder that is greater than the net value of the benefits received, directly or indirectly, by such paying Subsidiary Guarantor as a result of the issuance and sale of the Notes (such net value, its </font><font style="display: inline;font-weight:bold;">&#x201C;Proportionate Share&#x201D;</font><font style="display: inline;">), such paying Subsidiary Guarantor shall, subject to Section&nbsp;5(a)&nbsp;and 5(b), be entitled to contribution from any Subsidiary Guarantor that has not paid its Proportionate Share of the Guaranteed Obligations.&nbsp;&nbsp;Any amount payable as a contribution under this Section&nbsp;5(e)&nbsp;shall be determined as of the date on which the related payment is made by such Subsidiary Guarantor seeking contribution and each Subsidiary Guarantor acknowledges that the right to contribution hereunder shall constitute an asset of such Subsidiary Guarantor to which such contribution is owed.&nbsp;&nbsp;Notwithstanding the foregoing, the provisions of this Section&nbsp;5(e)&nbsp;shall in no respect limit the obligations and liabilities of any Subsidiary Guarantor to the holders of the Notes hereunder or under the Notes, the Note Agreement or any other document, instrument or agreement executed in connection therewith, and each Subsidiary Guarantor shall remain jointly and severally liable for the full payment of the Guaranteed Obligations.&nbsp; </font></font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;6.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">R</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">einstatement of </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">Gu</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">aranty</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Subsidiary Guaranty Agreement shall continue to be effective, or be reinstated, as the case may be, if and to the extent at any time payment, in whole or in part, of any of the sums due to any holder on account of the Guaranteed Obligations is rescinded or must otherwise be restored or returned by a holder upon the insolvency, bankruptcy, dissolution, liquidation or reorganization of the Company or any other Subsidiary Guarantors, or upon or as a result of the appointment of a custodian, receiver, trustee or other officer with similar powers with respect to the Company or any other Subsidiary Guarantors or any part of its or their property, or otherwise, all as though such payments had not been made.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;7.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Rank of Guaranty</font><font style="display: inline;text-transform:uppercase;">.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Each Subsidiary Guarantor will ensure that its payment obligations under this Subsidiary Guaranty Agreement will at all times rank at least </font><font style="display: inline;font-style:italic;">pari passu</font><font style="display: inline;">, without preference or priority, with all other unsecured</font><font style="display: inline;text-transform:uppercase;">&nbsp;</font><font style="display: inline;">and unsubordinated Indebtedness of such Subsidiary Guarantor now or hereafter existing.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;8.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">T</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">erm of </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">Subsidiary Guaranty Agreement</font><font style="display: inline;text-transform:uppercase;">.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">This Subsidiary Guaranty Agreement and all guarantees, covenants and agreements of the Subsidiary Guarantors contained herein: (a) shall continue in full force and effect and shall not be discharged until such time as all of the Guaranteed Obligations and all other obligations hereunder shall be indefeasibly paid in full in cash, </font><font style="display: inline;font-size:6pt;vertical-align:super;line-height:14pt">&nbsp;</font><font style="display: inline;">and (b) shall be (i) subject to reinstatement pursuant to Section&nbsp;6, or (ii) released pursuant to the release provisions set forth in Section 9.7(b) of the Note Agreement.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:39.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;9.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">S</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">urvival of </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">R</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">epresentations and </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">W</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">arranties</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">; E</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">ntire </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">A</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">greement</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All representations and warranties contained herein and in the Note Agreement shall survive the execution and delivery of this Subsidiary Guaranty Agreement and Note Agreement and may be relied upon by any subsequent holder, regardless of any investigation made at any time by or on behalf of any Purchaser or any other holder.&nbsp;&nbsp;All statements contained in any certificate or other instrument delivered by or on behalf of a Subsidiary Guarantor pursuant to this Subsidiary Guaranty Agreement or the Note Agreement shall be deemed representations and warranties of such Subsidiary Guarantor under this Subsidiary Guaranty Agreement or the Note Agreement.&nbsp;&nbsp;Subject to the preceding sentence, this Subsidiary Guaranty Agreement and the Note Agreement embody the entire agreement and understanding between each holder and the Subsidiary Guarantors and supersedes all other prior agreements and understandings relating to the subject matter hereof.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;10.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">A</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">mendment and </font><font style="display: inline;font-weight:bold;text-transform:uppercase;">W</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">aiver</font><font style="display: inline;text-transform:uppercase;">. &nbsp;</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;10.1.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">R</font><font style="display: inline;font-weight:bold;">equirements</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">This Subsidiary Guaranty Agreement may be amended, and the observance of any term hereof may be waived (either retroactively or prospectively), as to any Subsidiary Guarantor or all Subsidiary Guarantors with (and only with) the written consent of each affected Subsidiary Guarantor and the Required Holders, except that no amendment or waiver (a)&nbsp;of any of the provisions of Section&nbsp;1 through 10 inclusive hereof, or any defined term (as it is used therein), or (b)&nbsp;which results in the limitation of the liability of any Subsidiary Guarantor hereunder will be effective as to any holder unless consented to by such holder in writing.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;10.2.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">S</font><font style="display: inline;font-weight:bold;">olicitation of </font><font style="display: inline;font-weight:bold;">H</font><font style="display: inline;font-weight:bold;">olders of </font><font style="display: inline;font-weight:bold;">N</font><font style="display: inline;font-weight:bold;">otes</font><font style="display: inline;">.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;">Solicitation.&nbsp; </font><font style="display: inline;">Each Subsidiary Guarantor seeking any amendment to this Subsidiary Guaranty will provide each holder of the Notes (irrespective of the amount of Notes then owned by it) with sufficient information, sufficiently far in advance of the date a decision is required, to enable such holder to make an informed and considered decision with respect to any proposed amendment, waiver or consent in respect of any of the provisions hereof.&nbsp;&nbsp;Each such Subsidiary Guarantor will deliver executed or true and correct copies of each amendment, waiver or consent effected pursuant to the provisions of this Section&nbsp;13.2 to each holder promptly following the date on which it is executed and delivered by, or receives the consent or approval of, the requisite holders of Notes.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;font-style:italic;">Payment.&nbsp; </font><font style="display: inline;">The Subsidiary Guarantors will not directly or indirectly pay or cause to be paid any remuneration, whether by way of supplemental or additional interest, fee or otherwise, or grant any security or provide other credit support, to any holder as consideration for or as an inducement to the entering into by any holder of any waiver or amendment of any of the terms and provisions hereof unless such remuneration is concurrently paid, or security is concurrently granted or other credit support concurrently provided, on the same terms, ratably to each holder even if such holder did not consent to such waiver or amendment.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;font-family:Times New Roman;color:#000000;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-family:Times New Roman;color:#000000;"></font><font style="display: inline;font-family:Times New Roman;font-style:italic;color:#000000;">Consent in Contemplation of Transfer</font><font style="display: inline;font-family:Times New Roman;color:#000000;">.&nbsp;&nbsp;Any consent made pursuant to this Section&nbsp;10.2 by a holder that has transferred or has agreed to transfer its Notes to the Company, any Subsidiary or any Affiliate (including any Subsidiary Guarantor) of the Company and has provided or has agreed to provide such written consent as a condition to such transfer shall be void and of no force or effect except solely as to such holder, and any amendments effected or waivers granted or to be effected or granted that would not have been or would not be so effected or granted but for such consent (and the consents of all other holders of Notes that were acquired under the same or similar conditions) shall be void and of no force or effect except solely as to such holder.&#x201D;</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;10.3.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">B</font><font style="display: inline;font-weight:bold;">inding </font><font style="display: inline;font-weight:bold;">E</font><font style="display: inline;font-weight:bold;">ffect</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Any amendment or waiver consented to as provided in this Section&nbsp;10 applies equally to all holders and is binding upon them and upon each future holder and upon each Subsidiary Guarantor without regard to whether any Note has been marked to indicate such amendment or waiver.&nbsp;&nbsp;No such amendment or waiver will extend to or affect any obligation, covenant or agreement not expressly amended or waived or impair any right consequent thereon.&nbsp;&nbsp;No course of dealing between a Subsidiary Guarantor and the holder nor any delay in exercising any rights hereunder or under any Note shall operate as a waiver of any rights of any holder.&nbsp;&nbsp;As used herein, the term </font><font style="display: inline;">&#x201C;this Subsidiary Guaranty Agreement&#x201D; </font><font style="display: inline;">and references thereto shall mean this Subsidiary Guaranty Agreement as it may be amended, modified, supplemented or restated from time to time.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;10.4.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">N</font><font style="display: inline;font-weight:bold;">otes </font><font style="display: inline;font-weight:bold;">H</font><font style="display: inline;font-weight:bold;">eld </font><font style="display: inline;font-weight:bold;">b</font><font style="display: inline;font-weight:bold;">y &nbsp;</font><font style="display: inline;font-weight:bold;">C</font><font style="display: inline;font-weight:bold;">ompany</font><font style="display: inline;font-weight:bold;">, E</font><font style="display: inline;font-weight:bold;">tc</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate principal amount of Notes then outstanding approved or consented to any amendment, waiver or </font><font style="display: inline;">consent to be given under this Subsidiary Guaranty Agreement, or have directed the taking of any action provided herein to be taken upon the direction of the holders of a specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or indirectly owned by any Subsidiary Guarantor, the Company or any of their respective Affiliates shall be deemed not to be outstanding.&nbsp; </font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:35.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;11.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">N</font><font style="display: inline;font-weight:bold;text-transform:uppercase;">otices</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">All notices and communications provided for hereunder shall be in writing and sent (a)&nbsp;by telecopy if the sender on the same day sends a confirming copy of such notice by a recognized overnight delivery service (charges prepaid), or (b)&nbsp;by registered or certified mail with return receipt requested (postage prepaid), or (c)&nbsp;by a recognized overnight delivery service (with charges prepaid).&nbsp;&nbsp;Any such notice must be sent: </font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:5pt;text-align:right"><font style="display: inline;">(a)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">if to any Subsidiary Guarantor, to the address and attention of the Company as set forth in the Note Agreement, or such other address as such Subsidiary Guarantor shall have specified to the holders in writing, or </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:41pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:5pt;text-align:right"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">if to any holder, to such holder at the addresses specified for such communications set forth in the Purchaser Schedule&nbsp;to the Note Agreement, or such other address as such holder shall have specified to the Subsidiary Guarantors in writing.</font></font>
		</p>
		<p style="margin:16pt 0pt 0pt 84.95pt;text-indent:-84.95pt;text-align:left;font-weight:normal;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:34.95pt;"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Section&nbsp;12.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;font-weight:bold;text-transform:uppercase;">Miscellaneous</font><font style="display: inline;text-transform:uppercase;">.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.1.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Successors and Assigns; Joinder</font><font style="display: inline;">.&nbsp;&nbsp;All covenants and other agreements contained in this Subsidiary Guaranty Agreement by or on behalf of any of the parties hereto bind and inure to the benefit of their respective successors and assigns whether so expressed or not.&nbsp;&nbsp;It is agreed and understood that any Person may become a Subsidiary Guarantor hereunder by executing a Subsidiary Guarantor Supplement substantially in the form of Exhibit&nbsp;A attached hereto and delivering the same to the Holders.&nbsp;&nbsp;Any such Person shall thereafter be a &#x201C;Subsidiary Guarantor&#x201D; for all purposes under this Subsidiary Guaranty Agreement.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.2.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Severability</font><font style="display: inline;">.&nbsp;&nbsp;Any provision of this Subsidiary Guaranty Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall, to the full extent permitted by law, not invalidate or render unenforceable such provision in any other jurisdiction.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.3.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Construction</font><font style="display: inline;">.&nbsp;&nbsp;Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant contained herein, so that compliance with any one covenant shall not (absent such express contrary provision) be deemed to excuse compliance with any other covenant.&nbsp;&nbsp;Whether any provision herein refers to action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The section and subsection headings in this Subsidiary Guaranty Agreement are for convenience of reference only and shall neither be deemed to be a part of this Subsidiary Guaranty Agreement nor modify, define, expand or limit any of the terms or provisions hereof.&nbsp;&nbsp;All references herein to numbered sections, unless otherwise indicated, are to sections of this Subsidiary Guaranty Agreement.&nbsp;&nbsp;Words and definitions in the singular shall be read and construed as though in the plural and vice versa, and words in the masculine, neuter or feminine gender shall be read and construed as though in either of the other genders where the context so requires.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.4.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Further Assurances</font><font style="display: inline;">.&nbsp;&nbsp;Each Subsidiary Guarantor agrees to execute and deliver all such instruments and take all such action as the Required Holders may from time to time reasonably request in order to effectuate fully the purposes of this Subsidiary Guaranty Agreement.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.5.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Governing Law</font><font style="display: inline;">.&nbsp;&nbsp;This Subsidiary Guaranty Agreement shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the law of the State of New York, excluding choice</font><font style="display: inline;">&#8209;of</font><font style="display: inline;">&#8209;law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:27.95pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:right"><font style="display: inline;font-style:italic;"></font><font style="display: inline;font-weight:bold;">Section&nbsp;12.6.</font></font><font style="display: inline;font-weight:bold;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;font-weight:bold;">Jurisdiction and Process; Waiver of Jury Trial</font><font style="display: inline;">.&nbsp; </font><font style="display: inline;">(a)&nbsp;Each Subsidiary Guarantor irrevocably submits to the non</font><font style="display: inline;">&#8209;exclusive jurisdiction of any New York State or federal court sitting in the Borough of Manhattan, The City of New York, over any suit, action or proceeding arising out of or relating to this Subsidiary Guaranty Agreement.&nbsp;&nbsp;To the fullest extent permitted by applicable law, each Subsidiary Guarantor irrevocably waives and agrees not to assert, by way of motion, as a defense or otherwise, any claim that it is not subject to the jurisdiction of any such court, any objection that it may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum.&nbsp; </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(b)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Each Subsidiary Guarantor consents to process being served by or on behalf of any holder in any suit, action or proceeding of the nature referred to in Section&nbsp;12.6(a)&nbsp;by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, return receipt requested, to it at its address specified in Section&nbsp;11 </font><font style="display: inline;">or at such other address of which such holder shall then have been notified pursuant to Section 11.&nbsp;&nbsp;Each Subsidiary Guarantor agrees that such service upon receipt (i)&nbsp;shall be deemed in every respect effective service of process upon it in any such suit, action or proceeding and (ii)&nbsp;shall, to the fullest extent permitted by applicable law, be taken and held to be valid personal service upon and personal delivery to it.&nbsp;&nbsp;Notices hereunder shall be conclusively presumed received as evidenced by a delivery receipt furnished by the United States Postal Service or any reputable commercial delivery service.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(c)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Nothing in this Section&nbsp;12.6 shall affect the right of any holder to serve process in any manner permitted by law, or limit any right that the holders may have to bring proceedings against any Subsidiary Guarantor in the courts of any appropriate jurisdiction or to enforce in any lawful manner a judgment obtained in one jurisdiction in any other jurisdiction.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">(d)</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-transform:uppercase;">The Subsidiary Guarantors and the Holders hereby waive trial by jury in any action brought on or with respect to this Subsidiary Guaranty Agreement or other document executed in connection herewith.&nbsp; </font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">I</font><font style="display: inline;text-transform:uppercase;">n &nbsp;</font><font style="display: inline;text-transform:uppercase;">W</font><font style="display: inline;text-transform:uppercase;">itness </font><font style="display: inline;text-transform:uppercase;">W</font><font style="display: inline;text-transform:uppercase;">hereof</font><font style="display: inline;">, each Subsidiary Guarantor has caused this Subsidiary Guaranty Agreement to be duly executed and delivered as of the date and year first above written. </font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">ADVANTAGE PAYROLL SERVICES, INC.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;___________________________________</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Senior Vice President, Treasurer</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX ADVANCE LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX MANAGEMENT LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX BUSINESS SOLUTIONS, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO I, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO II, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO III, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO IV, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO V, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO VI, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX PEO VII, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PBS OF CENTRAL FLORIDA, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PBS OF AMERICA, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX ADMINISTRATIVE SERVICES, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;___________________________________</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Treasurer</font>
		</p>
		<p style="margin:14pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX NORTH AMERICA INC.</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;___________________________________</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: President</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:14pt 0pt 0pt 216pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">PAYCHEX HOLDINGS, LLC</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">By:&nbsp;&nbsp;___________________________________</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: Efrain Rivera</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;text-indent:0pt;border-top:1pt none #D9D9D9 ;text-align:justify;text-justify:inter-ideograph;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: Treasurer, Chief Compliance Officer</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 0pt 216pt;line-height:100%;font-family:Times;font-size: 12pt">
			&nbsp;
		</p></div><div style="margin-left:72pt;margin-right:72pt;">
		<p style="margin:0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Exhibit A</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Subsidiary Guarantor Supplement</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">This Subsidiary Guarantor Supplement</font><font style="display: inline;"> (the </font><font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guarantor Supplement&#x201D;</font><font style="display: inline;">), dated as of [__________, 20__] is made by [__________], a [____________] (the </font><font style="display: inline;font-weight:bold;">&#x201C;Additional Subsidiary Guarantor&#x201D;</font><font style="display: inline;">), in favor of the holders from time to time of the Notes issued pursuant to the Note Agreement described below:</font>
		</p>
		<p style="margin:18pt 0pt 0pt;text-align:center;font-weight:bold;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">Preliminary Statements:</font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:38.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:7.1pt;text-align:right"><font style="display: inline;">I.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Pursuant to the Note Purchase and Guarantee Agreement dated as of January 9, 2019 (as amended, modified, supplemented or restated from time to time, the </font><font style="display: inline;font-weight:bold;">&#x201C;Note Agreement&#x201D;</font><font style="display: inline;">), by and among Paychex of New York LLC, a Delaware limited liability company (the </font><font style="display: inline;font-weight:bold;">&#x201C;Company&#x201D;</font><font style="display: inline;">), Paychex, Inc., a Delaware corporation (the &#x201C;</font><font style="display: inline;font-weight:bold;">Parent</font><font style="display: inline;">&#x201D; and collectively with the Company, the </font><font style="display: inline;font-weight:bold;">&#x201C;Obligors&#x201D;</font><font style="display: inline;">), and the Persons listed on the signature pages thereto (the </font><font style="display: inline;font-weight:bold;">&#x201C;Purchasers&#x201D;</font><font style="display: inline;">), the Company has issued and sold (i)&nbsp;$400,000,000 aggregate principal amount of its 4.07% Senior Notes, Series&nbsp;A, due on March 13, 2026 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;A Notes&#x201D;</font><font style="display: inline;">) and (ii)&nbsp;$400,000,000 aggregate principal amount of its 4.25% Senior Notes, Series&nbsp;B, due on March 13, 2029 (the </font><font style="display: inline;font-weight:bold;">&#x201C;Series&nbsp;B Notes&#x201D;</font><font style="display: inline;">, together with the Series&nbsp;A Notes, including any notes issued in substitution for any of the Notes, the </font><font style="display: inline;font-weight:bold;">&#x201C;Notes&#x201D;</font><font style="display: inline;">).</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:35.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4.1pt;text-align:right"><font style="display: inline;">II.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">The Company is required pursuant to the Note Agreement to cause the Additional Subsidiary Guarantor to deliver this Subsidiary Guarantor Supplement in order to cause the Additional Subsidiary Guarantor to become a Subsidiary Guarantor under the Subsidiary Guaranty Agreement dated as of [___________, 2019] executed by certain Subsidiaries of the Parent (together with each entity that from time to time becomes a party thereto by executing a Subsidiary Guarantor Supplement pursuant to Section&nbsp;9.7 of the Note Agreement and Section 12.1 of the Subsidiary Guaranty Agreement (collectively, the </font><font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guarantors&#x201D;</font><font style="display: inline;">) in favor of each holder from time to time of any of the Notes (as the same may be amended, restated, supplemented or otherwise modified from time to time, the </font><font style="display: inline;font-weight:bold;">&#x201C;Subsidiary Guaranty Agreement&#x201D;</font><font style="display: inline;">).</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:32.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:1.1pt;text-align:right"><font style="display: inline;">III.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">The Additional Subsidiary Guarantor has received and will receive substantial direct and indirect benefits from the Company&#x2019;s compliance with the terms and conditions of the Note Agreement and the Notes issued thereunder.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:33.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:2.1pt;text-align:right"><font style="display: inline;">IV.</font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;">Capitalized terms used and not otherwise defined herein have the definitions set forth in the Note Agreement or on Schedule A annexed thereto.</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;border-top:1pt none #D9D9D9 ;text-indent:0pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; padding-right:44.8pt;"></font><font style="text-indent:0pt;margin-left:0pt; padding-right:13.1pt;text-align:right"><font style="display: inline;"></font></font><font style="text-indent:0pt;margin-left:0pt; padding-right:4pt;text-align:left"><font style="display: inline;"></font><font style="display: inline;text-transform:uppercase;">Now Therefore</font><font style="display: inline;">, in consideration of the funds advanced to the Company by the Purchasers under the Note Agreement and to enable the Company to comply with the terms of the Note Agreement, the Additional Subsidiary Guarantor hereby covenants, represents and warrants to the holders as follows:</font></font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">The Additional Subsidiary Guarantor hereby becomes a Subsidiary Guarantor (as defined in the Subsidiary Guaranty Agreement) for all purposes of the Subsidiary Guaranty Agreement.&nbsp;&nbsp;Without limiting the foregoing, the Additional Subsidiary Guarantor hereby (a)&nbsp;jointly and severally with the other Subsidiary Guarantors under the Subsidiary Guaranty Agreement, guarantees to the holders from time to time of the Notes the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) and the full and prompt performance and observance of all Guaranteed Obligations (as defined in Section&nbsp;1 of the Subsidiary Guaranty Agreement) up to any Maximum Guaranteed Amount (as defined in Section 1 of the Subsidiary Guaranty Agreement) in the same manner and to the same extent as is provided in the Subsidiary Guaranty Agreement until such time as provided under Section 8 of the Subsidiary Guaranty Agreement, (b)&nbsp;accepts and agrees to perform and observe all of the covenants set forth in the Note Agreement, (c)&nbsp;waives the rights set forth in Section&nbsp;3 of the Subsidiary Guaranty Agreement and (d)&nbsp;waives the rights, submits to jurisdiction, and waives service of process as described in Section&nbsp;12.6 of the Subsidiary Guaranty Agreement.</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notice of acceptance of this Subsidiary Guarantor Supplement and of the Subsidiary Guaranty Agreement, as supplemented hereby, is hereby waived by the Additional Subsidiary Guarantor.</font>
		</p>
		<p style="margin:14pt 0pt 0pt 36pt;border-top:1pt none #D9D9D9 ;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;;font-size: 12pt;font-family:Times;text-indent:0pt;margin-left:0pt;padding:0pt 36pt 0pt 0pt;"></font><font style="display: inline;">The address for notices and other communications to be delivered to the Additional Subsidiary Guarantor pursuant to Section&nbsp;11 of the Subsidiary Guaranty Agreement is set forth below.</font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;text-transform:uppercase;">In Witness Whereof, </font><font style="display: inline;">the Additional Subsidiary Guarantor has caused this Subsidiary Guarantor Supplement to be duly executed and delivered as of the date and year first above written.</font>
		</p>
		<p style="margin:14pt 0pt 0pt 248.4pt;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">[</font><font style="display: inline;text-transform:uppercase;">N</font><font style="display: inline;text-transform:uppercase;">ame of Additional </font><font style="display: inline;text-transform:uppercase;">Subsidiary Guarantor</font><font style="display: inline;">] &nbsp;</font>
		</p>
		<p style="margin:25pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;"><font style="display: inline;">By: </font>_______________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;text-indent:4.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Name: </font>
		</p>
		<p style="margin:0pt 0pt 0pt 252pt;text-indent:4.5pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Title: </font>
		</p>
		<p style="margin:14pt 0pt 0pt 248.4pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;text-indent:-14.4pt;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">Notice Address for such Subsidiary Guarantor </font>
		</p>
		<p style="margin:20pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;">___________________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;">&nbsp;</font></font>
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		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;">_____________________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font></font>
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		<p style="margin:0pt 0pt 0pt 234pt;text-indent:0pt;border-top:1pt none #D9D9D9 ;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="text-indent:0pt;margin-left:0pt; overflow: hidden; white-space: nowrap;">_____________________________________________________________________________________________________________________</font><font style="text-indent:0pt;margin-left:0pt; text-align:right"><font style="display: inline;"></font></font>
		</p>
		<p style="margin:14pt 0pt 0pt;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 12pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;line-height:14pt;font-family:Times;font-size: 9pt">

			<font style="display: inline;">[Signature Pages to Subsidiary Guaranty Agreement]</font>

		</p>

		<p style="margin:0pt;line-height:14pt;font-family:Times;font-size: 9pt">

			&nbsp;

		</p>

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