Date: March 23, 2016

Dear Sirs,

ISDA 2014 Collateral Agreement Negative Interest Protocol - Adherence

The purpose of this letter is to confirm our adherence to the ISDA 2014 Collateral Agreement Negative Interest Protocol Protocol as published by the International Swaps and Derivatives Association, Inc. on May 12, 2014 (the “Protocol”). This letter constitutes an Adherence Letter as referred to in the Protocol. This letter constitutes, as between each other Adhering Party and us, an Adherence Letter as referred to in the Protocol.  The definitions and provisions contained in the Protocol are incorporated into this Adherence Letter, which will supplement and form part of each Governing Master Agreement and each Protocol Covered Agreement thereto between us and each other Adhering Party.

1. Specified Terms

As between each other Adhering Party and us, the amendments in the Attachment to the Protocol shall apply to each Governing Master Agreement and each Protocol Covered Collateral Agreement thereto to which we are a party in accordance with the terms of the Protocol and this Adherence Letter.

2. Appointment as Agent and Release

We hereby appoint ISDA as our agent for the limited purposes of the Protocol and accordingly we waive, and hereby release ISDA from, any rights, claims, actions or causes of action whatsoever (whether in contract, tort or otherwise) arising out of or in any way relating to this Adherence Letter or our adherence to the Protocol or any actions contemplated as being required by ISDA.

3. Payment

Each Adhering Party must submit a one-time fee of U.S. $500 to ISDA at or before the submission of this Adherence Letter.

4. Contact Details

Our contact details for purposes of this Adherence Letter are:

We consent to the publication of a conformed copy of this letter by ISDA and to the disclosure by ISDA of the contents of this letter.

BY: