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AD,! mon>?)'~ held by the Tru~te.e M p.art of the Trunt };iltatfj (other
tha.n fW.lfie)'g dtpotlited wiL~ the Trr.H!~ pUrtlu.nt to ~ 4iJ:/ or ~ 4.04(($)
or held on t\~.ount of COMtruclicn Lien5 or jadgment lif:filj) find
not }>Ai..\ OVM to the (\.lmpAtly purl'iu.ut to tht) oth~r provill.ions or
!h.i" Articl~ !J (if ~ ~.Otf lihi\H, at the (llocHl)il and in 8,('('orJaneo with
UH} r(.,;:tMst of tha Compa'IY, evid.~nced by n Cerlit1~) H~~oiutiol1, bn
applit!d by Uti' Tru3kffi on any .J lloua.ry 1 Qr .1 aIy 1 (or, if nil)' 8UC.h
d!ltu i\!.UiH t~ a <lAtH on which mulking iu!t1tnt1ona in Thi) City of N !"....'
York lire !%uthorlu.-d by law to dOi}e, ihi"n on tho m!.tt !Hl('\~cdiog bu-tline68
day) to tho pun'JI~Ml of HOnii!\ Out~tanding bHi.'Under, within imd\
limitntii)n~ as to 'pri(':.e ll,~ may he 81H:)<'jn~d in tho Ri'<$olutioo., but in
n(i aveut at Ii price (If pric{'l.' in el~&fl of th~ f't.'demptil)o prkr. or th.,
Honda !IVrclw.JH'il pre\'liilmg nt the di\tu of purc.hJ;.~ and ii-....'X'fUM intllr.
/'Jilt to tho next intlnt.:[jt pa)'uHmt d&t", or, it li(Jt n-doemahle, lit 11 prioo
or In"ka.o; in el.;~U of thi.J principai !UllOuct lb~fl~O{ ll11d ac;o:,rued intNt'l)t
to the n('~t iJ!tNcat paymNli dnte. .Any purehne,~~ ,-,f Hond!\ BlAd"
pUflnumt ~o thii} .')'$itdit'isit)R (c) ~han 1.'(\ ml1J~ in Buell IIUHlU!: r M tho
Truat~}e flH.~)' d~NlI prop~n MHl ilpportioned !!lliong it;;! Bunda of the
vi!tiuw!\ ilNiN! at the timB Out!\tandwg IW thl:\t auh~ttUltil\!ly tl.H\ 8iUue
proportion of tn;, O!l~.;t!tlldinK Bonds of each &€i'ies ilhnH jif) retiri;d
through ~u!:h pUu.JHi,,-eJII. Notwith.!lt./inding thf! f{;r(lgoi[l~ provb,iou#
of this Subd~vieion {eL t'O lung aii any or th~ Bondi! of the 1979 Spriij~
or sny of tiw Huadjj of thi! Hf82 ~'krit'8 (H{l Out8ttAndin,g thiJ 'l'f!18ttH.' glIa.l},
prior to the purd}'lWe ()f Bond", pur~Uk!ut i,JJ thi8 Stibd~~'!i.~i!)~ k), mail
to NH:h holder of Hq~'i~t.ar0tl HondiS of tho 1979 t\<3ri6!i nnd H"ed!tere-.-l
H;.H1d!l of thi3 1982 Serll?!ii tl i10tiN'; f'{!{iu{'!ting tf:ndi';t:j 01 Btmdg of the
UriS 8~dQB and HonJiS (It the HfS2 H,,'rifJ" for liUrd.iuA;~, !H\ or heLra
HlO dat~j 81~ih:d iu >>ti\:h notic-n. whkh shaH tm not 1~3a Hum 30 day.,
nft!H' th<r lJJ..aiiing .of !!I..lch ooU",.;>, tit !l'Jt T!Wf(; UH,n th~ ftppiicable f0JDWp~
tiOJ1 pri{:(' tlwreuf pr'ii'H,iling ;:it Bud} dnk fad f\{'~ruetj int'GH':llt to tho
1J~:d iuLni!d p3)'Tl.Hmt dflt"" Hu.eh n<.;tic..l t\hLd! !;jJ(l{:!ty the pril1,.:ipf!J
".mount of H!)U;ll of tb, Um) Sed\3~ un..! the liflrh.:ip-ial 6JllO\.mt of }Jouda
of tht" 1982 8tdt'j which th~, Company J,'1iir(.~ to piln::hlUI(~. If there
l!h~!l h~ Out4tiHiding MY CIHlP';!l BOf!d~ (if th" 1079 8~rio~ 01' C:'.H.l{H.HJ
D "j .. t1 · c...} '. . . 1 -. I ('
pHi( ~ ':1 J1/1 .!.\;Ib.. bilflM ]jot iegj~t(:NXl tB t~) principa.l, t.ui! ~(jmpfiliY
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