EXECUTION COPY - Edison International

transfer tax or similar governmental charge payable in connection therewith (other thanany such transfer taxes or similar governmental charge payable upon exchange or transferpursuant to Sections 2.10, 7.5 and 10.1 hereof).(iii) The Registrar shall not be required to register the transfer of or exchangeany Note selected for redemption in whole or in part, except the unredeemed portion ofany Note being redeemed in part.(iv) All Global Notes and Definitive Notes issued upon any registration oftransfer or exchange of Global Notes or Definitive Notes shall be the valid obligations ofthe Company, evidencing the same debt, and entitled to the same benefits under thisIndenture, as the Global Notes or Definitive Notes surrendered upon such registration oftransfer or exchange.(v)Neither the Registrar nor the Company will be required:(A) to issue, to register the transfer of or to exchange any Notes duringa period beginning at the opening of business 15 days before the day of anyselection of Notes for redemption under Article 10 hereof and ending at the closeof business on the day of selection;(B) to register the transfer of or to exchange any Note so selected forredemption in whole or in part, except the unredeemed portion of any Note beingredeemed in part; or(C) to register the transfer of or to exchange a Note between a recorddate and the next succeeding Interest Payment Date.(vi) Prior to due presentment for the registration of a transfer of any Note, theTrustee, any Agent and the Company may deem and treat the Person in whose name anyNote is registered as the absolute owner of such Note for the purpose of receivingpayment of principal of and interest on such Notes and for all other purposes, and none ofthe Trustee, any Agent or the Company shall be affected by notice to the contrary.(vii) The Trustee shall authenticate Global Notes and Definitive Notes inaccordance with the provisions of Section 2.3 hereof.(viii) All certifications, certificates and Opinions of Counsel required to besubmitted to the Registrar pursuant to this Section 2.7 to effect a registration of transferor exchange may be submitted by facsimile but originals of such opinions shall follow bymail.Section 2.8Replacement Notes.If any mutilated Note is surrendered to the Trustee or the Company and the Trusteereceives evidence to its satisfaction of the destruction, loss or theft of any Note, the Companyshall issue and the Trustee, upon receipt of an Authentication Order, shall authenticate areplacement Note if the Trustee's requirements are met. If required by the Trustee or the27