EXECUTION COPY - Edison International

ARTICLE 10.REDEMPTION OF NOTESSection 10.1Notes Redeemed in Part.Upon surrender of a Note that is redeemed in part, the Company shall issue and theTrustee shall authenticate for the Holder at the expense of the Company a new Note equal inprincipal amount to the unredeemed portion of the Note surrendered.Section 10.2Notice of Redemption.Notice of redemption to the Holders of Notes to be redeemed in accordance with anySeries Supplemental Indenture shall be given by the Company by mailing notice of suchredemption by first class mail, postage prepaid, at least 30 days and not more than 60 days priorto the date fixed for redemption to such Holders of Notes at their last addresses as they shallappear in the Notes Register. Failure to give notice by mail, or any defect in the notice to theHolder of any Note designated for redemption as a whole or in part shall not affect the validity ofthe proceedings for the redemption of any other Note.The notice of redemption to each Holder shall specify that the Notes are being redeemedpursuant to this Article 10 and the applicable Series Supplemental Indenture, the date fixed forredemption, the place or places of payment, the CUSIP and ISIN numbers (as applicable) of theNotes being redeemed, that payment will be made upon presentation and surrender of the Notes,that interest accrued to the date fixed for redemption will be paid as specified in this Article andthat, on and after said date, interest thereon or on the portions thereof redeemed will cease toaccrue.Any notice of redemption of Notes to be redeemed at the option of the Company shall begiven by the Company or, at the Company's request, by the Trustee in the name and at theexpense of the Company.At least one Business Day prior to the redemption date specified in the notice ofredemption given as provided in this Section 10.2, the Company shall deposit with the Trustee orwith one or more paying agents (or, if the Company is acting as its own paying agent, set aside,segregate and hold in trust as provided in Section 2.5 hereof) an amount of money sufficient toredeem on the redemption date all the Notes so called for redemption.Section 10.3Payment of Notes Called for Redemption.If notice of redemption has been given as above provided, the Notes shall become dueand payable on the date and at the place stated in such notice at the redemption price, and on andafter said date (unless the Company shall default in the payment of such Notes at the redemptionprice) interest on the Notes or portions of Notes so called for redemption shall cease to accrueand, except as provided in Section 5.5 and Section 9.4 hereof, such Notes shall cease from andafter the date fixed for redemption to be entitled to any benefit or security under this Indenture,and the Holders thereof shall have no right in respect of such Notes except the right to receivethe redemption price thereof. On presentation and surrender of such Notes at a place of payment55