Attn.: Derivative Operations FAX:
Milan, 12 Jan 2012
Re: Rate Swap Transaction
￼The purpose of this letter agreement (this "Confirmation") is to confirm the terms and conditions of the Transaction entered into between:
Banca IMI S.p.A. ("Banca IMI")
on the Trade Date specified below (the "Transaction"). This Confirmation constitutes a "Confirmation"as referred to in the ISDA Master Agreement specified below.
The definitions and provisions contained in the 2006 ISDA Definitions as published by the International Swaps and Derivatives Association, Inc., are incorporated into this Confirmation. In the event of any inconsistency between the 2006 ISDA Definitions and this Confirmation, this Confirmation will govern.
This Confirmation evidences acomplete binding agreement between Counterparty and Banca IMI as to the terms of the Transaction to which this Confirmation relates. In addition, you and we agree to use all reasonable efforts promptly to negotiate, execute and deliver an agreement in the form of the ISDA Master Agreement (Multicurrency-Cross Border) (the "ISDA Form"), with such modifications as you and we will in good faithagree. Upon the execution by you and us of such an agreement, this Confirmation will supplement, form a part of, and be subject to that agreement. All provisions contained or incorporated by reference in that agreement upon its execution will govern this Confirmation except as expressly modified below. Until we execute and deliver that agreement, this Confirmation, together with all other documentsreferring to the ISDA Form (each a "Confirmation") confirming transactions (each a "Transaction") entered into between us (notwithstanding anything to the contrary in a Confirmation), shall supplement, form a part of, and be subject to an agreement in the form of the ISDA Form (the "Deemed Agreement") as if we had executed an agreement in such form (without any Schedule but with the selectionsindicated below under "ISDA Selections" deemed to have been agreed) on the Trade Date of the first such Transaction between us. In the event of any inconsistency between the provisions of that agreement and this Confirmation, this Confirmation will prevail for the purpose of this Transaction.
ISDA Selections:English Law, Termination Currency means EUR; Payments on Early Termination: Market Quotationand Second Method.
Intesa Sanpaolo S.p.A. Banca Monte Parma S.p.A. Sede legale: Piazzale Jacopo Sanvitale, 1 43121 Parma Capitale Sociale Euro 60.559.895,00 Registro Imprese di Parma, Codice Fiscale e Partita IVA 01770430344 N. Iscr. Albo Banche 5073 Cod. ABI 06930.2 Aderente al Fondo Interbancario di Tutela dei Depositi e al Fondo Nazionale di Garanzia Appartenente al “gruppo bancario “IntesaSanpaolo”, iscritto all’Albo dei Gruppi Bancari Direzione e Coordinamento Intesa Sanpaolo S.p.A.
The Terms of the particular Transaction to which
Banca IMI Reference: Notional Amount:
Trade Date: Effective Date: Termination Date:
Fixed Rate Payer:
Fixed Rate Payer Payment Date(s):
No Adjustment to Period End Dates: Fixed Rate:
Fixed Rate Day Count Fraction:this Confirmation relates are as follows:
In respect of a Calculation Period, the amount specified in the Annex hereto in the column headed Notional Amount opposite the dates on which such Calculation Period is scheduled to start and end.
31/12/16 , subject to adjustment in accordance with the Preceding Business Day Convention in respect of the Amounts Payable Bythe Floating Rate Payer only.
TARGET Settlement Days.
The last calendar day of each Month from,and including, 31/05/02, to, and including, the Termination Date, subject to adjustment in accordance with the Business Day Convention.
Applicable (Unadjusted). 5.105 pct p.a.
￼Page 2 of 10 Ref: 30036231
Floating Rate Payer:
Floating Rate Payer...