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103570737v6 <br />8 <br />201500400 <br />this Section, the procedures for redemption of the First Mortgage Bonds shall be as provided in <br />Article Five of the Original Indenture. <br />Section 2. The Company, with the approval of the Trustee, may enter into a written <br />agreement with the Holder of any First Mortgage Bonds providing that payment of such First <br />Mortgage Bonds called for redemption in part only may be made directly by mail, wire transfer <br />or in any other manner to the Holder thereof without presentation or surrender thereof <br />(notwithstanding the provisions of Section 5.06 of the Original Indenture) if there shall be <br />delivered to the Trustee an agreement (which may be executed in counterparts between the <br />Company and such Holder (or other Person acting as agent for such Holder or for whom such <br />Holder is a nominee) that payment shall be so made, and that in the event the Holder thereof <br />shall sell or transfer any such First Mortgage Bonds (a) it will, prior to the delivery of such <br />Bonds, either (i) surrender such First Mortgage Bonds to the Trustee to make a proper notation <br />of the amount of principal paid thereon or (ii) surrender such First Mortgage Bonds to the <br />Trustee against receipt of one or more First Mortgage Bonds in an aggregate principal amount <br />equal to the unpaid principal portion of the Bonds so surrendered, and (b) it will promptly notify <br />the Company and the Trustee of the name and address of the transferee of any First Mortgage <br />Bonds so transferred. The Trustee shall not be liable or responsible to any such Holder or <br />transferee or to the Company or to any other Person for any act or omission to act on the part of <br />the Company or any such Holder in connection with any such agreement. The Company will <br />indemnify and save the Trustee harmless against any liability resulting from any such act or <br />omission and against any liability resulting from any action taken by the Trustee in accordance <br />with the provisions of any such agreement. The Company will afford the benefits of this <br />Section 2 to any Institutional Investor that is the direct or indirect transferee of any First <br />Mortgage Bond purchased by a Holder under the Bond Purchase Agreement and that has made <br />the same agreement relating to such First Mortgage Bonds as is contemplated by this Section 2. <br />Section 3. Maturity. As provided therein, the entire unpaid principal balance of the <br />First Mortgage Bonds of the 4.22% Series shall be due and payable on December 19, 2044. <br />Section 4. Optional Redemption. The Company may, at its option, upon notice as <br />provided below, redeem at any time all, or from time to time any part of, the First Mortgage <br />Bonds of the 4.22% Series in an amount not less than $1,000,000 in the case of a partial <br />redemption, at (i) 100% of the principal amount so redeemed, and (ii) if the Redemption Date is <br />earlier than June 19, 2044, the Make -Whole Amount determined for the redemption with respect <br />to such principal amount. The Company will give each holder of First Mortgage Bonds to be <br />redeemed written notice of each optional redemption under this Section 4 not less than 30 days <br />and not more than 60 days prior to the date fixed for such redemption. Each such notice shall <br />specify such date (which shall be a Business Day), the aggregate principal amount of the First <br />Mortgage Bonds to be redeemed on such date, the principal amount of each First Mortgage Bond <br />held by such Holder to be redeemed (determined in accordance with Article III Section 5), and <br />the interest to be paid on the Redemption Date with respect to such principal amount being <br />redeemed, and shall be accompanied by a certificate of a Senior Financial Officer as to the <br />estimated Make -Whole Amount, if any, due in connection with such redemption (calculated as if <br />the date of such notice were the date of the redemption), setting forth the details of such <br />computation. Two Business Days prior to such Redemption Date, the Company shall deliver to <br />