Early Trading Fees
During the first 360 days following the Issue Date, an Early Trading Charge will apply to any secondary market sale of a Note through the Selling Agent. The Early Trading Charge will be equal to a percentage of the Principal Amount of the Note, determined as follows:
| If Sold Within |
Early Trading Fee |
| 0-90 days |
3.75% |
| 91-180 days |
2.50% |
| 181-270 days |
1.50% |
| 271-360 days |
0.75% |
| Thereafter |
Nil |
|