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ADECCO INTERNATIONAL FINANCIAL SERVICES B.V.

ADECCO INTERNATIONAL FINANCIAL SERVICES B.V.

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(b)InterpretationIn these Conditions:(i)(ii)Relevant Date means the date on which the payment first becomes due but, if the full amountof the money payable has not been received by the Principal Paying Agent or the Trustee onor before the due date, it means the date on which, the full amount of the money having beenso received, notice to that effect shall have been duly given to the Noteholders by the Issuerin accordance with Condition 14; andRelevant Jurisdiction means The Netherlands or any political subdivision or any authoritythereof or therein having power to tax (in the case of payments by the Issuer) or Switzerlandor any political subdivision or any authority thereof or therein having power to tax (in the caseof payments by the Guarantor) or in either case any other jurisdiction or any politicalsubdivision or any authority thereof or therein having power to tax to which the Issuer or theGuarantor, as the case may be, becomes subject in respect of payments made by it ofprincipal and interest on the Notes and Coupons.(c) AdditionalAmountsAny reference in these Conditions to any amounts in respect of the Notes or the Coupons shall bedeemed also to refer to any additional amounts which may be payable under this Condition orunder any undertakings given in addition to, or in substitution for, this Condition pursuant to theTrust Deed and any references in these Conditions to principal in respect of the Notes shall bedeemed to include any purchase price payable pursuant to Condition 8(c).7. Payments(a) Principal and InterestPayment of principal and interest in respect of each Note will be made against presentation andsurrender (or, in the case of part payment only, endorsement) of the Note, except that paymentsof interest due on an Interest Payment Date will be made against presentation and surrender (or,in the case of part payment only, endorsement) of the relevant Coupons, in each case at thespecified office outside the United States of any of the Paying Agents.(b)PaymentsPayments will be made at the specified office outside the United States of any Paying Agent, atthe option of the holder, by credit or transfer to a euro account (or any other account to which euromay be credited or transferred) specified by the payee or by a euro cheque.(c) Payments subject to Fiscal LawsAll payments are subject in all cases to any applicable fiscal or other laws and regulations, butwithout prejudice to the provisions of Condition 6. No commissions or expenses shall be chargedto the Noteholders or the Couponholders in respect of such payments.(d) Missing Unmatured CouponsEach Note should be presented for redemption together with all relative unmatured Coupons.Upon the date on which any Note becomes due and repayable, all unmatured Couponsappertaining to the Note (whether or not attached) shall become void and no payment shall bemade in respect of such Coupons.18

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