Common use of Conversion Privilege and Conversion Price Clause in Contracts

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated Maturity, at the option of the Holder thereof, any Security or any portion of the principal amount thereof which is $1,000 or any integral multiple of $1,000, may be converted at the principal amount thereof, or of such portion thereof, into fully paid and nonassessable Common Stock (calculated as to each conversion to the nearest 1/100 of a share) at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on the Redemption Date or Repurchase Date for such Security; subject, in the case of conversion of a Global Security, to any applicable book-entry procedures of the Depository for such conversion. In case a Security or portion thereof is called for redemption at the election of the Company or is delivered for repurchase at the option of the Holder, such conversion right in respect of the Security or portion thereof so called shall expire at the close of business on the Redemption Date or the Repurchase Date, unless the Company defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures). The Securities may be converted into shares of Common Stock at a price (herein called the "Conversion Price") of $15.03 per share. The Conversion Price shall be adjusted in certain instances as provided in this Article 12.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityArticle, at the option of the Holder thereof, any definitive Security or any portion of the principal amount thereof which is U.S. $1,000 or any an integral multiple of U.S. $1,000, 1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock (calculated as to each conversion to the nearest 1/100 of a share) Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall shall, with respect to all Securities, commence on the 60th day following the latest date of original issuance thereof and expire at the close of business on the Redemption Date or Repurchase Date for such Security; subjectOctober 1, in the case of conversion of a Global Security, to any applicable book-entry procedures of the Depository for such conversion2006. In case a Security or portion thereof is called for redemption redemption, such conversion right in respect of the Security or the portion so called, shall expire at the election close of business on the fifth Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Designated Event for which the Holder exercises its Repurchase Right with respect to a Security or is delivered for repurchase at the option of the Holderportion thereof, such conversion right in respect of the Security or portion thereof so called shall expire at upon receipt of the close written notice of business on the Redemption Date or the exercise of such Repurchase Date, unless the Company defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures)Right. The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially U.S. $45.75 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12paragraphs (1), (2), (3), (4), (5), (6) and (7) of Section 12.4.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityTwelve, at the option of the Holder thereof, any Security or any portion of the principal amount thereof which is $1,000 or any integral multiple of $1,000, may be converted at the principal amount thereof, or of such portion thereof, into fully paid and nonassessable Common Stock shares (calculated as to each conversion to the nearest 1/100 1/100th of a share) of Common Stock of the Guarantor at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on the Redemption Date or Repurchase Date for such Security; June 1, 2002 subject, in the case of the conversion of a any Global Security, to any applicable book-entry procedures of the Depository for such conversionDepositary therefor and the following sentence. In case a Security or portion thereof is called for redemption at the election of the Company or is delivered for repurchase at the option of the Holderrepurchase, such conversion right in respect of the Security or portion thereof so called shall expire at the close of business on the Business Day prior to the Redemption Date or the Repurchase DateDate (as defined in Article Fifteen), as the case may be, unless the Company Issuer defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures)be. The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially U.S.$35.50 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12Twelve.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityArticle, at the option of the Holder thereof, any definitive Security or any portion of the principal amount thereof which is U.S. $1,000 or any an integral multiple of U.S. $1,000, 1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock (calculated as to each conversion to the nearest 1/100 of a share) Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall shall, with respect to all Securities, commence on the 60th day following the latest date of original issuance thereof and expire at the close of business on the Redemption Date or Repurchase Date for such Security; subjectJuly 1, in the case of conversion of a Global Security, to any applicable book-entry procedures of the Depository for such conversion2005. In case a Security or portion thereof is called for redemption redemption, such conversion right in respect of the Security or the portion so called, shall expire at the election close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Designated Event for which the Holder exercises its Repurchase Right with respect to a Security or is delivered for repurchase at the option of the Holderportion thereof, such conversion right in respect of the Security or portion thereof so called shall expire at upon receipt of the close written notice of business on exercise of such Repurchase Right, provided that the Redemption Date or expiration of a Holder's -------- conversion right hereunder is subject to such Holder's right to revoke the exercise of its Repurchase Date, unless the Company defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures)Right. The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially U.S. $64.50 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12paragraphs (a), (b), (c), (d), (e), (f) and (h) of Section 12.4.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityTwelve, at the option of the Holder thereof, the Holder of any Security is entitled at his option, at any time on or any portion after the 90th day following the last original issue date of the principal amount thereof which is $1,000 or any integral multiple Security and prior to the close of $1,000business on August 1, may be converted at the principal amount thereof2002, or of to convert such portion thereof, Security into fully paid and nonassessable Common Stock shares (calculated as to each conversion to the nearest 1/100 1/100th of a share) of Common Stock of the at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on the Redemption Date or Repurchase Date for such Security; be subject, in the case of the conversion of a any Global Security, to any applicable book-entry procedures of the Depository for such conversionDepositary therefor and the following sentence. In case a Security or portion thereof is called for redemption at the election of the Company or is delivered for repurchase at the option of the Holderrepurchase, such conversion right in respect of the Security or portion thereof so called shall expire at the close of business on the Business Day prior to the Redemption Date or the Repurchase DateDate (as defined in Article Fourteen), as the case may be, unless the Company Issuer defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures)be. The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially U.S.$48.50 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12Twelve.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityArticle, at the option of the Holder thereof, any Security or any portion of other than the principal amount thereof which is $1,000 or any integral multiple of $1,000, Temporary Global Bearer Security may be converted at the principal amount thereof, or of such portion thereof, into fully paid and nonassessable Common Stock shares (calculated as to each conversion to the nearest 1/100 1/100th of a share) of Common Stock of the Company at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall commence on January 3, 1996 and expire at the close of business on the Redemption Date or Repurchase Date for such Security; subjectOctober 1, in the case of conversion of a Global Security, to any applicable book-entry procedures of the Depository for such conversion2000. In case a Security or portion thereof is called for redemption at the election of the Company or is delivered for repurchase at the option of the Holderrepurchase, such conversion right in respect of the Security or portion thereof so called shall expire at the close of business on the fifth Trading Day preceding the Redemption Date or the second Trading Day preceding the Repurchase DateDate (as defined in Article Fourteen), as the case may be, unless the Company defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures)be. The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially U.S.$33 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12Twelve.

Conversion Privilege and Conversion Price. Subject to and upon compliance with the provisions of this Article 12, at any time prior to the close of business on the Stated MaturityArticle, at the option of the Holder thereof, any Security Debenture or any portion of the principal amount thereof which is $1,000 1,000.00 or any an integral multiple of $1,000, thereof may be converted converted, beginning December 7, 1993, at the principal amount thereof, or of such portion thereof, into fully paid and nonassessable Common Stock shares (calculated as to each conversion to the nearest 1/100 of a share) of Common Stock of the Company at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on the Redemption Date or Repurchase Date for such Security; subjectOctober 1, in the case of conversion of a Global Security, to any applicable book-entry procedures of the Depository for such conversion2000. In case a Security Debenture or portion thereof is called for redemption at the election of the Company or is delivered for repurchase at the option of the Holderpursuant to Article 14, such conversion right in respect of the Security Debenture or portion thereof so called shall expire at the close of business on the Redemption Date or the Repurchase DateRepur- chase Date (as defined in Article 14), as the case may be, unless the Company defaults in making the payment due upon redemption or the repurchase, as the case may be (subject as aforesaid to any applicable book-entry procedures). The Securities may be converted into price at which shares of Common Stock at a price shall be delivered upon conversion (herein called the "Conversion Price") shall be initially $30.31 per share of $15.03 per shareCommon Stock. The Conversion Price shall be adjusted in certain instances as provided in this Article 12Thirteen. A Holder is not entitled to any rights of a holder of Common Stock by virtue of its ownership of Debentures until such Holder has converted such Debentures to Common Stock, and only to the extent such Debentures are deemed to have been converted to Common Stock under this Article Thirteen.