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EXECUTION COPY - Edison International

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or controlled by or under direct or indirect common control with the obligor on the Notes shallbe disregarded and deemed not to be Outstanding for the purpose of any such determination,except that for the purpose of determining whether a Responsible Officer of the Trustee shall beprotected in relying on any such direction, consent or waiver, only Notes that the Trusteeactually knows are so owned shall be so disregarded. Notes so owned that have been pledged ingood faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of theTrustee the pledgee's right so to act with respect to such Notes and that the pledgee is not theCompany or any other obligor upon the Notes or any Person directly or indirectly controlling orcontrolled by or under direct or indirect common control with the Company or any other obligoron the Notes. In case of a dispute as to such right, the advice of counsel shall be full protectionin respect of any decision made by the Trustee in accordance with such advice. Upon request ofthe Trustee, the Company shall furnish to the Trustee promptly an Officers' Certificate listingand identifying all Notes, if any, known by the Company to be owned or held by or for theaccount of any of the above-described Persons, and, subject to Section 5.1 and Section 5.2 hereof,the Trustee shall be entitled to accept such Officers' Certificate as conclusive evidence of thefacts therein set forth and of the fact that all Notes not listed therein are Outstanding for thepurpose of any such determination.Section 6.5Right of Revocation of Action Taken.At any time prior to (but not after) the evidencing to the Trustee, as provided in Section6.1 hereof, of the taking of any action by the Holders of the percentage in aggregate principalamount of the Notes specified in this Indenture in connection with such action, any Holder of aNote the serial number of which is shown by the evidence to be included among the serialnumbers of the Notes the Holders of which have consented to such action may, by filing writtennotice at the Corporate Trust Office and upon proof of holding as provided in this Article, revokesuch action so far as concerns such Note. Except as aforesaid any such action taken by theHolder of any Note shall be conclusive and binding upon such Holder and upon all futureHolders and owners of such Note and of any Notes issued in exchange or substitution therefor,irrespective of whether or not any notation in regard thereto is made upon any such Note. Anyaction taken by the Holders of the percentage in aggregate principal amount of the Notesspecified in this Indenture in connection with such action shall be conclusively binding upon theCompany, the Trustee and the Holders of all such Notes.ARTICLE 7.SUPPLEMENTAL INDENTURESSection 7.1Supplemental Indentures Without Consent of Noteholders.The Company, when authorized by a resolution of its Board of Directors, and the Trusteemay from time to time and at any time enter into an indenture or indentures supplemental heretofor one or more of the following purposes:(a) to convey, transfer, assign, mortgage or pledge to the Trustee as security for theNotes any property or assets;46

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