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<br />I-1 <br />517257v1 JSB NE136-259 <br />SCHEDULE I TO FORM OF BOND <br /> <br />BREAKAGE CALCULATION <br />Upon the optional redemption of the principal installments of the Bond, the Breakage Fee <br />shall be calculated and paid as follows: <br />Capitalized terms used in this Schedule and not otherwise defined herein have the meanings <br />assigned thereto in the Bond or the Bond Resolution, as applicable. <br />The following defined terms are used in this Schedule. <br />“Calculation Agent” means Wells Fargo Bank, National Association or its affiliates or such <br />other entity designated by the Purchaser. <br />“Day Count Fraction” is the anticipated basis on which interest is to be computed on the <br />Bond. The Day Count Fraction utilizes 30-day months and 360-day years. <br />“Maturity Date” is February 1, 2025. <br />“Redemption Adjustment” means the adjustment to the par amount required in connection <br />with any optional redemption, calculated as provided in this Schedule. <br />“Redemption Date” means the date of any redemption of the principal installments of the <br />Bond pursuant to the Bond and the Bond Resolution. <br />“Reference Rate” means 1.73% per annum. <br />“Scheduled Date” means each date specified on Annex 1 hereto in the column labeled <br />Scheduled Date. <br />“Schedule of Principal Amounts” is the principal amount of the Bond outstanding on the <br />date of delivery of the Bond and on each Scheduled Date. The Schedule of Principal Amounts for <br />each Scheduled Date is specified in Annex 1 hereto. <br />In connection with any redemption of the principal installments of the Bond pursuant to <br />the Bond and the Bond Resolution (a “Break Event”). <br />In connection with any Break Event, a Breakage Fee shall be paid by the City if the <br />Breakage Fee is a positive number. No Breakage Fee shall be payable for a Break Event if the <br />Breakage Fee for that Break Event is a negative number. Breakage Fees will be determined by the <br />Calculation Agent, on the Business Day next preceding any Break Date and will be calculated for <br />the Bond as follows: <br />“Breakage Fee” for any Break Event is the difference of: <br />the present values of a series of amounts computed for each Scheduled Date <br />after the Break Date through the Maturity Date for the Bond, each of which amounts