EFTA01356078

Schedule D COLLATERAL. MAINTENANCE REQUIREMENTS Any swarth, pledged as collateral must be of an ongoing quality and valise satisfactory to Lender in its discretion. If at any time the Obligations arc greater than the market value of the Collateral multiplied by the applicable percentage valuations set forth below as Maximum Advance Rates. Debtor, immediately after oral or written notice from Lender, will either pledge to Lender such additional collateral as the Lender may require. to be satisfactory to Lender in its discretion, or repay the Obligations, such that the Obligations are less than the market value of the Collateral multiplied by the applicable percentage valuation. In addition to compliance with the following percentage valuations. all Collateral must be of an on-going quality and value satisfactory to Lender in its discretion. Lender reserves the right at any time to deem any security unacceptable as Collateral. Lender may. from rime to time, in its discretion, adjust any of the following percentages, or remove any class of security from its list of acceptable Collateral The maximum advance against Collateral denominated in an OECD currency other than the currency of the Obligations shall be reduced by 10% (and by 13% for Japanese Yen) or such other percentage as Lender may determine. :,iecurities ' Certificates of Deposit or other assignable cash.like instalments issued by domestic commercial banks acceptable to Lender and maturing within one (I) Maximum Advance Rates Non-Puroon " &mse' year 100 % 100 % Full faith U.S. Government Obligations' - Maturing within 3 years 90% 90% - Maturing in three years or more 85 % 85% Federal Agency. State and Municipal Obligations ' 80 % 80 % U.S. Corporate Senior Debt Obligations 80% 80 % NYSE, NASDAQ or AMEX Listed Common Stock (except "Other Securities')'' 73 % 50 % Mutual Fund Shares " 50 % 50 % Debt Securities Convertible into "Margin Stock" 70 % S0% Other Securities: I. With the exception of cosh-like instrument& fall faith U.S Government Obligations or set:tellies. law listed above as "Other Scam:ties". a 171111, MUM OffOIC (4)differerti securities must be held for the Maximum Advance Rote. Should any single sectirity within a collateral package equal or exceed thirty (30%) percent of the total market value of the collateral pledged. the Maximum Advance Rate of that collateral package shall bell* (WA) percent Without limiting the oilier provisions hereof the inner of any securities pledged to collateral (including securities listed as "Other Securities, must carry a minbnirin long ierni senior debt rating of Roo3 as established by Moody's Investor Services or UR- as established by Standard & Peon Corporation. 2. A Mon-Purpose Loan is a loon, or any pnipcoe other than purchasing or carrying "Margin Stock 3. A Propose Loan is a loan for the purpose of purchasing or carrying 'Margin Stock" 4. Ftill-faith US Government Obligations are assumed to bear current-pay fixed 'lumen rate to receive the indicated Maximum Advance Rates. J. Tar-exempt municipal bonds pledged as collateral can cause their holder to lose interest deducabilihl with respect in the interest expense to the extent that the securities ore limed At securities will not lose their overall ax-exempt status. Debtor should consult their personal tax advisor for advice as to their particular situation. Confidential Cunfidenual 46ilitv12 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0041551 CONFIDENTIAL SDNY_GM_00187735 EFTA01356078