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ADECCO INTERNATIONAL FINANCIAL SERVICES B.V.

ADECCO INTERNATIONAL FINANCIAL SERVICES B.V.

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euro amount payable in respect of interest on the principal amount of each Note (the InterestAmount) for the relevant Interest Period. The Interest Amount shall be determined by applying theRate of Interest to the principal amount of a Note, multiplying the product by the actual number ofdays in the Interest Period concerned divided by 360 and rounding the resultant figure to thenearest cent (half a cent being rounded upwards). The determination of the Rate of Interest andInterest Amount by the Agent Bank shall (in the absence of manifest error) be final and bindingupon all parties.(e) Publication of Rate of Interest and Interest AmountThe Agent Bank shall cause the Rate of Interest and the Interest Amount for each Interest Periodand the relative Interest Payment Date to be notified to the Issuer, the Guarantor, the Trustee andto any stock exchange or other relevant authority on which the Notes are at the relevant time listed(by no later than the first day of each Interest Period) and to be published in accordance withCondition 14 as soon as possible after their determination, and in no event later than the secondBusiness Day thereafter. The Interest Amount and Interest Payment Date may subsequently beamended (or appropriate alternative arrangements made by way of adjustment) without notice inthe event of an extension or shortening of the Interest Period. If the Notes become due andpayable under Condition 9 the accrued interest and the Rate of Interest payable in respect of theNotes shall nevertheless continue to be calculated as previously by the Agent Bank in accordancewith this Condition but no publication of the Rate of Interest or the Interest Amount so calculatedneed be made.(f) Determination by the TrusteeThe Trustee shall, if the Agent Bank defaults at any time in its obligation to determine the Rate ofInterest and Interest Amount in accordance with the above provisions, determine the Rate ofInterest and Interest Amount, the former at such rate as, in its absolute discretion (having suchregard as it shall think fit to the procedure described above), it shall deem fair and reasonable inall the circumstances and the latter in the manner provided in paragraph (d) and thedeterminations shall be deemed to be determinations by the Agent Bank.(g) Notifications, etc. to be FinalAll notifications, opinions, determinations, certificates, calculations, quotations and decisionsgiven, expressed, made or obtained for the purposes of the provisions of this Condition, whetherby the Reference Banks (or any of them), the Agent Bank or the Trustee, will (in the absence ofwilful default, bad faith or manifest error) be binding on the Issuer, the Guarantor, the Trustee, theAgents and all Noteholders and (in the absence as referred to above) no liability to the Issuer, theGuarantor or the Noteholders shall attach to the Reference Banks (or any of them), the AgentBank, or, if applicable, the Trustee in connection with the exercise or non-exercise by it of itspowers, duties and discretions under this Condition.(h) Agent BankThe Issuer shall procure that, so long as any of the Notes remains outstanding, there is at all timesan Agent Bank for the purposes of the Notes and the Issuer may, subject to the prior writtenapproval of the Trustee, terminate the appointment of the Agent Bank. In the event of theappointed office of any bank being unable or unwilling to continue to act as the Agent Bank orfailing duly to determine the Rate of Interest and the Interest Amount for any Interest Period, theIssuer shall, subject to the prior written approval of the Trustee, appoint the Euro-zone office ofanother major bank engaged in the Euro-zone interbank market to act in its place. The Agent Bankmay not resign its duties or be removed without a successor having been appointed.16

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