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REDEMPTION PROVISIONS <br /> Optional Redemption. The 2025 Bonds maturing on or after October 1 , 20_ are subject to <br /> redemption at the County ' s option, in whole or in part on any date on or after October 1 , 20_, upon payment <br /> of the principal amount to be redeemed plus interest accrued to the redemption date, without premium . <br /> Mandatory Sinking Fund Redemption . The 2025 Bonds maturing on October 1 , 20_, are subject <br /> to mandatory sinking fund redemption, at a redemption price equal to the principal amount to be redeemed <br /> plus accrued interest, if any, to the redemption date, without premium , on October 1 , in the years and <br /> amounts as follows : <br /> Year Amount <br /> * Maturity. <br /> Selection . If less than all of the 2025 Bonds are to be optionally redeemed as described above, the <br /> County in its discretion may elect which maturities of 2025 Bonds are to be redeemed . If less than all the <br /> 2025 Bonds of any maturity are to be redeemed, the Trustee shall select the 2025 Bonds to be redeemed by <br /> lot; provided , however, that so long as a book-entry system with DTC is used for determining beneficial <br /> ownership of 2025 Bonds, if less than all the 2025 Bonds within a maturity are to be redeemed , the parties <br /> agree that DTC may determine which of the 2025 Bonds within the maturity are to be redeemed in <br /> accordance with DTC ' s then- current rules and procedures . <br /> In any case, ( 1 ) the portion of any 2025 Bond to be redeemed must be in the principal amount of <br /> $ 5 , 000 or some multiple thereof, and (2) in selecting 2025 Bonds for redemption, each 2025 Bond will be <br /> considered as representing that number of 2025 Bonds which is obtained by dividing the principal amount <br /> of that 2025 Bond by $ 5 , 000 . If a portion of a 2025 Bond is called for redemption, a new 2025 Bond of the <br /> same series and maturity in principal amount equal to the unpaid portion will be delivered to the registered <br /> owner upon the surrender of the 2025 Bond . <br /> Effect of Call for Redemption . If on or before the date fixed for redemption funds are deposited <br /> with the Trustee to pay the principal and interest accrued to the redemption date with respect to the 2025 <br /> Bonds called for redemption, the 2025 Bonds or portions of the 2025 Bonds called for redemption cease to <br /> accrue interest from and after the redemption date, and thereafter those 2025 Bonds ( 1 ) are no longer entitled <br /> to the benefits provided by the Trust Agreement and (2) are not deemed to be Outstanding under the Trust <br /> Agreement . <br /> Notice of Redemption . The Trustee, at the County ' s direction, upon being satisfactorily <br /> indemnified with respect to expenses and with at least two Business Days ' notice, will send notice of <br /> redemption no less than 30 nor more than 60 days prior to the redemption date, as follows : ( 1 ) with respect <br /> to any 2025 Bonds being called for redemption for which DTC or its nominee is the registered owner, to <br /> DTC , in whatever manner may be provided for under DTC ' s then-current rules and procedures (and if the <br /> Trustee is unable to determine those rules, by registered or certified mail, return receipt requested) ; (2) with <br /> respect to any 2025 Bonds for which no book- entry only system of registration is in effect, to each of the <br /> registered owners of those 2025 Bonds at their addresses as shown on the Trustee ' s registration books , by <br /> registered or certified mail; and (3 ) in any case, both (A) to the Municipal Securities Rulemaking Board for <br /> posting on its "EMMA" continuing disclosure system , or any successor system , and (B ) to the LGC . <br /> 5 <br />