Endorsement of Bonds: Preparation of New Bonds

Bonds delivered after any Supplemental indenture becomes effective pursuant to this Article may, and if the Trustee so determines shall, bear a notation by endorsement or otherwise in a form approved by the Government and the Trustee as to any modification or amendment provided for in such Supplemental Indenture, and, in that case, upon demand of the Holder of any COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS Bond Outstanding at such effective date and presentation of its Bond for the purpose at the Principal Office of the Trustee or at such additional offices as the Trustee may select and designate for that purpose, a suitable notation shall be made on such Bond, at the expense of the Government. If the Government or the Trustee shall so determine, new Bonds so modified as to conform, in the opinion of the Government and the Trustee, to any modification or amendment contained in such Supplemental Indenture, shall, at the expense of the Government, be prepared and executed by the Government and authenticated by the Registrar, and upon demand of the Holders of any Bonds then Outstanding shah be exchanged at the Principal Office of the Registrar, without cost to any Bondholder, for Bonds then Outstanding, upon surrender for cancellation of such Bonds, in equal aggregate principal amounts of the same Series, maturity and tenor.