such notes matured on the 2030 Par Call Date (exclusive of interest accrued to the date of redemption) discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting
of twelve 30-day months), at a rate equal to the applicable Treasury Rate (as defined below) plus 25 basis points plus, in either case, accrued and unpaid interest, if any, thereon to, but excluding, the redemption date.
On or after the 2030 Par Call Date, we may, at our option, redeem the notes due 2030, in whole at any time or in part from time to time (equal to $2,000 or an
integral multiple of $1,000 in excess thereof) at a redemption price equal to 100% of the principal amount of the notes due 2030 to be redeemed, plus accrued and unpaid interest, if any, thereon to, but excluding, the redemption date.
Prior to November 15, 2032 (the date that is three months prior to the scheduled maturity date for the notes due 2033) (the 2033 Par Call Date),
we may, at our option, redeem the notes due 2033, in whole at any time or in part from time to time (equal to $2,000 or an integral multiple of $1,000 in excess thereof). The redemption price will be equal to the greater of (i) 100% of the principal
amount of the notes due 2033 to be redeemed and (ii) the sum of the present values of each remaining scheduled payment of principal and interest that would be due if such notes matured on the 2033 Par Call Date (exclusive of interest accrued to the
date of redemption) discounted to the redemption date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at a rate equal to the applicable Treasury Rate (as defined below) plus 30 basis points plus, in either case,
accrued and unpaid interest, if any, thereon to, but excluding, the redemption date.
On or after the 2033 Par Call Date, we may, at our option, redeem
the notes due 2033, in whole at any time or in part from time to time (equal to $2,000 or an integral multiple of $1,000 in excess thereof) at a redemption price equal to 100% of the principal amount of the notes due 2033 to be redeemed, plus
accrued and unpaid interest, if any, thereon to, but excluding, the redemption date.
Comparable Treasury Issue means the U.S. Treasury
security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the notes due 2026, the notes due 2028, the notes due 2030 or the notes due 2033 to be redeemed, as
applicable (assuming for this purpose that the notes due 2026 matured on February 13, 2026, the notes due 2028 matured on the 2028 Par Call Date, the 2030 matured on the 2030 Par Call Date and the notes due 2033 matured on the 2033 Par Call Date)
that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of such notes.
Comparable Treasury Price means, with respect to any redemption date (1) the average of the Reference Treasury Dealer Quotations for such
redemption date, after excluding the highest and lowest such Reference Treasury Dealer Quotation or (2) if the Independent Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.
Independent Investment Banker means one of the Reference Treasury Dealers appointed by us.
Reference Treasury Dealer means each of Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities
Inc., HSBC Securities (USA) Inc. and Mizuho Securities USA LLC or their affiliates, which are primary United States government securities dealers and one other leading primary U.S. government securities dealer in New York City reasonably designated
by us; provided, however, that if any of the foregoing shall cease to be a primary U.S. government securities dealer in New York City (a Primary Treasury Dealer), we will substitute therefor another Primary Treasury Dealer.
Reference Treasury Dealer Quotation means, with respect to each Reference Treasury Dealer and any redemption date, the average, as determined by
the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker by such Reference Treasury
Dealer at 2:00 pm New York time on the third business day preceding such redemption date.
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