Common use of Designation of Trust and Certificates Clause in Contracts

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) Series 1999 REN-C1 Trust". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) Trust Certificates, Series 1999 REN-C1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness. (c) On each Distribution Date, commencing on March 1, 2000 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.54% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated amount of such Certificates. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"BLC-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.875% Trust Certificates, Certificates Series 1999 REN-C1"BLC-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1September 15, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.875% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"LMG-2. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.50% Trust Certificates, Certificates Series 1999 REN-C1LMG-2". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1January 15, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.50% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 RENBLS-C1 Trustl". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.30% Trust Certificates, Certificates Series 1999 REN-C1"BLS-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March June 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.30% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated amount of such Certificates. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 Trust". SPR-1." The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PPLUS 7.00% Trust Certificates, Certificates Series 1999 REN-C1SPR-1.". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On each Distribution Date, commencing on March 1May 15, 2000 2004 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.00% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustLMG-3". The Class A Certificates and Class B Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PPLUS Class A 7.00% Trust Certificates, Certificates Series 1999 REN-C1LMG-3" and the "PPLUS Class B 1.25% Trust Certificates Series LMG-3," respectively. (b) The Class A Certificates and Class B Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. Exhibits B and C, respectively. The Class A Certificates shall be issued in authorized denominations of $25 (25.00 and integral multiples thereof and the "Authorized Denomination") Class B Certificates shall be issued with a notional principal amount of $25.00 and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On The Class A Certificates will be entitled to receive (i) on each Distribution Date, commencing on March February 1, 2000 2005 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.00% per annum on the stated amount of the CertificatesClass A Certificates and (ii) on the Final Scheduled Distribution Date, a distribution of the aggregate principal amount of the Underlying Securities. (d) On the Final Scheduled each Distribution Date, the Class B Certificates will be entitled to receive a distribution of 1.25% per annum multiplied by the stated notional principal amount of such Certificatesthe Class B Certificates (the "Class B Payments"). (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Class A Certificates and/or the notional principal amount of the Class B Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"GRC-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.875% Trust Certificates, Certificates Series 1999 REN-C1"GRC-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms (except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series) and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On each Distribution Date, commencing on March 1April 15, 2000 2003 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.875% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"ATT-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.35% Trust Certificates, Certificates Series 1999 REN-C1"ATT-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1September 15, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.35% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principle amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"CTR-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.00% Trust Certificates, Certificates Series 1999 REN-C1CTR-1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1December 15, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.00% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustGSC-2". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) 1,400,000 PPLUS Floating Rate Callable Trust Certificates, Certificates Series 1999 REN-C1GSC-2". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On The Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1August 15, 2000 2004 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.54% per annum the then-applicable Floating Rate on the stated amount of the Certificates. , plus Deferred Interest, if any, and (dii) On on the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such Certificatesthe Underlying Securities. (ed) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"WCM-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.75% Trust Certificates, Certificates Series 1999 REN-C1"WCM-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1August 15, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.75% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principle amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"CZN-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.375% Trust Certificates, Certificates Series 1999 REN-C1CZN-1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March October 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.375% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 Trust"FMC-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PPLUS 8.25% Trust Certificates, Certificates Series 1999 REN-C1"FMC-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On each Distribution Date, commencing on March 1July 16, 2000 2003 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.25% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 TrustCCR-1". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.05% Trust Certificates, Certificates Series 1999 REN-C1"CCR-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1June 15, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.05% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated amount of such Certificates. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"NAI-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.05% Trust Certificates, Certificates Series 1999 REN-C1"NAI-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March December 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.05% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principle amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) Series 1999 REN-C1 1998 HLT-1 Trust". The Class A Certificates and Class B Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) Trust Certificates, Series 1999 REN-C11998 HLT-1, Class A Trust Certificates" and the "Public STEERS(R) Trust Certificates, Series 1998 HLT-1, Class B Trust Certificates", respectively. (b) The Class A Certificates and Class B Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. Exhibits B and C, respectively. The Certificates shall be issued in authorized denominations of $25 1,000 (the "Authorized Denomination") and integral multiples thereof. One Class A Certificate and one Class B Certificate may be issued in an amount other than an integral multiple of the Authorized Denomination. Except as provided in the Standard TermsTerms and Section 15(a) hereof, the Trust shall not issue additional Certificates or incur any indebtedness. (c) On The Class A Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1April 15, 2000 1999 and ending on the Final Scheduled Distribution Date interest payments at a rate of 7.00% on the stated amount of the Class A Trust Certificates and (or such earlier date if the Underlying Securities are redeemed prior to ii) on the Final Scheduled Distribution Date), a distribution of the principal amount of the Underlying Securities. (d) On each Distribution Date, the Class B Certificates will be entitled to receive distributions at a rate an interest payment of 8.540.95% per annum on multiplied by the stated principal amount of the Certificates. Underlying Securities (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated amount of such Certificates"Class B Payments"). (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated principal amount of the Class A Certificates and the initial principal amount of the Class B Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"QWS-2. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.00% Trust Certificates, Certificates Series 1999 REN-C1QWS-2". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1February 15, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.00% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"QWS-2. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS [ ]% Trust Certificates, Certificates Series 1999 REN-C1QWS-2". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") [ ] and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1February 15, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.54[ ]% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"NAI-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.05% Trust Certificates, Certificates Series 1999 REN-C1"NAI-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March December 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.05% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustJPM-1". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) 1,000,000 PPLUS Floating Rate Trust Certificates, Certificates Series 1999 REN-C1JPM-1". (b) The Certificates shall be held through the Depository in book-book- entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On The Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1the earlier to occur of an Unscheduled Payment Date and September 15, 2000 2004 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.54% per annum the then-applicable Floating Rate on the stated amount of the Certificates. Certificates and (dii) On on the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such Certificatesthe Underlying Securities. (ed) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustJPM-1". The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) 1,000,000 PPLUS Floating Rate Trust Certificates, Certificates Series 1999 REN-C1JPM-1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On The Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1the earlier to occur of an Unscheduled Payment Date and September 15, 2000 2004 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.54% per annum the then-applicable Floating Rate on the stated amount of the Certificates. Certificates and (dii) On on the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such Certificatesthe Underlying Securities. (ed) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"FRD-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.40% Trust Certificates, Certificates Series 1999 REN-C1"FRD-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March November 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.40% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustCSF-1". The Class A Certificates and Class B Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PPLUS Class A 6.25% Trust Certificates, Certificates Series 1999 REN-C1CSF-1" and the "PPLUS Class B 0.875% Trust Certificates Series CSF-1," respectively. (b) The Class A Certificates and Class B Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. Exhibits B and C, respectively. The Class A Certificates shall be issued in authorized denominations of $25 (and integral multiples thereof and the "Authorized Denomination") Class B Certificates shall be issued with a notional principal amount of $25 and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On The Class A Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1January 15, 2000 2004 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.546.25% per annum on the stated amount of the CertificatesClass A Certificates and (ii) on the Final Scheduled Distribution Date, a distribution of the aggregate principal amount of the Underlying Securities. (d) On the Final Scheduled each Distribution Date, the Class B Certificates will be entitled to receive a distribution of 0.875% per annum multiplied by the stated notional principal amount of such Certificatesthe Class B Certificates (the "Class B Payments"). (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Class A Certificates and/or the notional principal amount of the Class B Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"FRD-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.40% Trust Certificates, Certificates Series 1999 REN-C1"FRD-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March November 1, 2000 2001 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.40% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principle amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"BLC-2. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.00 % Trust Certificates, Certificates Series 1999 REN-C1"BLC-2. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 115, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.00% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) 1.1 The Trust created hereby shall be known as the "Public STEERS(R) PPLUS Trust Series 1999 REN-C1 TrustGSC-4". The Class A Certificates and Class B Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PPLUS Class A 6% Callable Trust Certificates, Certificates Series 1999 REN-C1GSC-4" and the "PPLUS Class B 0.345% Callable Trust Certificates Series GSC-4," respectively. (ba) The Class A Certificates and Class B Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. Exhibits B and C, respectively. The Class A Certificates shall be issued in authorized denominations of $25 (and integral multiples thereof and the "Authorized Denomination") Class B Certificates shall be issued with a notional principal amount of $25 and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness. Notwithstanding anything to the contrary in the Trust Agreement, the Depositor may not increase the amount of the Underlying Securities in the Trust and the Trust may not issue a corresponding amount of additional Certificates. (cb) On The Class A Certificates will be entitled to receive (i) on each Distribution Date, commencing on March 1August 15, 2000 2006 and ending on the Final Scheduled Distribution Date (Date, or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.546% per annum on the stated amount of the Certificates. Class A Certificates and (dii) On on the Final Scheduled Distribution Date, a distribution of the aggregate principal amount of the Underlying Securities. (c) On each Distribution Date, the Class B Certificates will be entitled to receive a distribution of 0.345% per annum multiplied by the stated notional principal amount of such Certificatesthe Class B Certificates (the "Class B Payments"). (ed) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Class A Certificates and/or the notional principal amount of the Class B Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"LMG-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 8.75% Trust Certificates, Certificates Series 1999 REN-C1LMG-1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March February 1, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.548.75% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"UPC-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.40% Trust Certificates, Certificates Series 1999 REN-C1"UPC-1. (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms (except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series) and a corresponding number of additional Warrants in accordance with Article I of the Warrant Agreement. (c) On each Distribution Date, commencing on March 1December 15, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.40% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "Public STEERS(R) PREFERREDPLUS Trust Series 1999 REN-C1 Trust"QWS-1. The Certificates evidencing certain undivided ownership interests therein shall be known as the "Public STEERS(R) PREFERREDPLUS 7.75% Trust Certificates, Certificates Series 1999 REN-C1QWS-1". (b) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in authorized denominations of $25 (the "Authorized Denomination") and integral multiples thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness; provided, however, from time to time, upon obtaining prior written confirmation by each Rating Agency that such action will not result in a downgrading or withdrawal of its rating of the Certificates, the Depositor may, without the consent of the Certificateholders, increase the amount of the Underlying Securities in the Trust and the Trust may issue a corresponding amount of additional Certificates in accordance with Section 5.12(a) of the Standard Terms except that clauses (v), (vi) and (vii) of Section 5.12(a) shall not apply to this Series. (c) On each Distribution Date, commencing on March 1February 15, 2000 2002 and ending on the Final Scheduled Distribution Date (or such earlier date if the Underlying Securities are redeemed prior to the Final Scheduled Distribution Date), the Certificates will be entitled to receive distributions at a rate of 8.547.75% per annum on the stated amount of the Certificates. (d) On the Final Scheduled Distribution Date, the Certificates will be entitled to a distribution of the stated aggregate principal amount of such CertificatesUnderlying Securities. (e) Any reference to the principal amount of the Certificates shall be construed as a reference to the stated amount of the Certificates, unless otherwise indicated.