EX-4.11 7 c80935a2exv4w11.txt FORM OF CLOSING INSTRUMENT EXHIBIT 4.11 CLOSING INSTRUMENT WHEREAS, the parties named herein desire to enter into certain Program Documents contained herein, each such document dated as of this o day of o, 200o (the "Original Issue Date"), relating to the issuance by Principal Life Income Fundings Trust o (the "Trust") of Notes to investors under Principal Life's secured notes program; WHEREAS, the Trust is a trust organized under, and its activities will be governed by, the provisions of the Trust Agreement as set forth in the omnibus instrument related to the Trust dated as of the date of the Pricing Supplement (the "Omnibus Instrument"); WHEREAS, certain licensing arrangements between the Trust and Principal Financial Services, Inc. will be governed pursuant to the provisions of the License Agreement, as set forth in the Omnibus Instrument; WHEREAS, the Notes will be issued pursuant to the Indenture, as set forth in the Omnibus Instrument (the "Indenture"); WHEREAS, the sale of the Notes will be governed by the Terms Agreement, as set forth in the Omnibus Instrument; WHEREAS, certain custodial arrangements of the Funding Agreement and the Guarantee will be governed pursuant to the provisions of the Custodial Agreement dated as of February o, 2004 by and among Bankers Trust Company, N.A., acting as custodian (the "Custodian"), the Indenture Trustee and the Trustee, on behalf of the Trust; WHEREAS, certain agreements relating to the Notes, the Funding Agreement and the Guarantee are set forth in the Coordination Agreement, as set forth in the Omnibus Instrument. All capitalized terms used herein and not otherwise defined will have the meanings set forth in the Indenture. [Remainder of Page Intentionally Left Blank] PART I INSTRUCTIONS OF THE TRUST As of the Original Issue Date, the Trust herewith delivers to the Indenture Trustee, or has caused to be delivered to the Indenture Trustee, the Notes specified in the Pricing Supplement, having the initial principal amount as set in the Pricing Supplement. As of the Original Issue Date, the Trust hereby instructs the Indenture Trustee to take all actions required to be taken with respect to the Notes under Section 2.05(e) of the Indenture. As of the Original Issue Date, Principal Life and the Trust hereby direct the Indenture Trustee to deposit the Net Proceeds to the Trust (as specified in the Pricing Supplement) in respect of the Notes to: o ABA #: o Account #: o Contract # :o As of the Original Issue Date, the agent(s) specified in the Pricing Supplement hereby direct the Indenture Trustee to deliver the Notes as follows: [Insert delivery Instructions] [Remainder of Page Intentionally Left Blank] I-1 PART II ACKNOWLEDGMENT OF INDENTURE TRUSTEE CONCERNING THE NOTES The Indenture Trustee certifies, as of the Original Issue Date, the following: (a) The Indenture Trustee acknowledges receipt of the Notes; and (b) The Indenture Trustee (including in its capacity as Registrar) has taken all action required to be taken with respect to the Notes under Section 2.05(e) of the Indenture. [Remainder of Page Intentionally Left Blank] II-1 PART III CERTIFICATE REGARDING CUSTODY OF THE FUNDING AGREEMENT AND THE GUARANTEE In connection with the issuance of the Funding Agreement and the Guarantee, the Assignment of Funding Agreement and Guarantee (set forth in Part IV of this Closing Instrument), the Custodian hereby represents that it has received delivery of the Funding Agreement and the Guarantee and is holding the Funding Agreement and the Guarantee for the benefit of the Indenture Trustee and that the Funding Agreement and the Guarantee are in the possession of the Custodian at the address below: Bankers Trust Company, N.A. 665 Locust Street Des Moines, Iowa 50309-3702 [Remainder of Page Intentionally Left Blank] III-1 PART IV ASSIGNMENT OF FUNDING AGREEMENT AND GUARANTEE Pursuant to the terms of the Indenture, the Trust hereby grants to the Indenture Trustee, for the benefit of the Holders of the Notes, a first priority perfected security interest in, and collaterally assigns to the Indenture Trustee, for the benefit of the Holders of the Notes, the Trust's right, title, benefits, remedies and interests in, to and under the Funding Agreement, the Guarantee and the other Collateral described in the Indenture and all of its rights and privileges with respect to the Collateral and all income and profits thereon, and all interest, dividends and other payments and distributions with respect thereto, and all Proceeds of the foregoing. Each of the Trust, the Indenture Trustee, Principal Life and PFG hereby agrees that, in furtherance of the collateral assignment described above, until such time as the Indenture Trustee notifies the Trust, Principal Life and PFG that all obligations of the Trust pursuant or related to the Notes have been paid or satisfied in full, the Indenture Trustee shall have and may exercise the rights and remedies of an Agreement Holder (as defined in the Funding Agreement) under the Funding Agreement and of the Trust under the Guarantee. Notwithstanding the foregoing (and whether or not the foregoing notification is given) and Section 5 of the Funding Agreement (which Principal Life acknowledges and agrees has been complied with) all obligations, representations and warranties of an Agreement Holder under the Funding Agreement and of the Trust under the Guarantee shall nevertheless remain obligations, representations and warranties of the Trust, as the case may be, and shall not be obligations of the Indenture Trustee. Principal Life, PFG and the Trust hereby agree that, until such time as the Indenture Trustee notifies the Trust, Principal Life and PFG that all obligations of the Trust pursuant to or related to the Notes have been paid or satisfied in full, Principal Life and PFG, as applicable, will comply with instructions originated by the Indenture Trustee with respect to the Funding Agreement and the Guarantee, as applicable, without further consent by the Trust. Principal Life and PFG hereby affirm that they have recorded the collateral assignment and grant of the security interest on their books and records to reflect the same described above. Principal Life and PFG each agree, as applicable, that it will comply with all orders of the Indenture Trustee with respect to the Funding Agreement and the Guarantee, as applicable without any further consent of the Trust. Each of Principal Life and PFG hereby confirms that it has received all documents and instruments which it requires pursuant to the terms of the Funding Agreement and Guarantee, as applicable, in connection with the collateral assignment and grant of such security interest and/or rights of the Indenture Trustee hereunder. Each of Principal Life and PFG hereby also represents that it has not received any notice of any adverse claim to the Funding Agreement or Guarantee, as applicable, other than the creation and perfection of a security interest in the Funding Agreement and Guarantee, as applicable, and the proceeds thereof as described herein. The collateral assignment and grant of the security interest and this instrument shall be governed by, and shall be construed and enforced in accordance with, the laws of the State of New York, without regard to conflicts of laws principles thereof, and shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assigns. This instrument may not be amended, modified or waived without the consent of the Indenture Trustee, the Trust, Principal Life and PFG. The Custodian hereby acknowledges the terms of this Assignment of Funding Agreement and Guarantee. [Remainder of Page Intentionally Left Blank] IV-1 PART V ACKNOWLEDGEMENT OF FUNDING AGREEMENT AND GUARANTEE ASSIGNMENT Simultaneously herewith, Principal Life has issued the Funding Agreement to the Trust and PFG has issued the Guarantee to the Trust. By this instrument, the receipt of which Principal Life and PFG hereby acknowledge, the Trust has informed Principal Life and PFG that it has conveyed and assigned (for security purposes) all of its right, title, benefits, remedies and interests in, to and under the Funding Agreement and the Guarantee to the Indenture Trustee pursuant to the Indenture. Principal Life and PFG hereby consent to the aforementioned assignment of the Funding Agreement and the Guarantee, as applicable, with respect to the assignment thereof to the Indenture Trustee under the Indenture. Principal Life and PFG affirm that they have changed their books and records to reflect such assignment and agree to make payments in accordance with the terms of the Funding Agreement and the Guarantee, as applicable, to the Indenture Trustee. Principal Life and PFG also agree that all of the covenants made in the Funding Agreement and the Guarantee, as applicable, are also for the benefit of the Indenture Trustee, and further agree that Principal Life and PFG shall deliver to the Indenture Trustee duplicate original copies of all notices, statements, communications and instruments delivered by Principal Life and PFG, as applicable, to the Trust pursuant to the Funding Agreement and the Guarantee, as applicable. Principal Life and PFG agree to execute and deliver to the Trust and the Indenture Trustee such documents and take such other action as the Trust and the Indenture Trustee may reasonably request in order to ensure that the consent granted by Principal Life and PFG pursuant to the preceding paragraph shall remain continuously effective until the termination of the Funding Agreement and the Guarantee, as applicable. The consent contained in the preceding paragraph is coupled with an interest and shall be irrevocable. This acknowledgment of collateral assignment and grant of security interest and this instrument shall be governed by, and shall be construed and enforced in accordance with, the laws of the State of New York, without regard to conflicts of laws principles thereof, and shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assigns. This instrument may not be amended, modified or waived without the consent of the Indenture Trustee, the Trust, Principal Life and PFG. The Custodian hereby acknowledges the terms of this Acknowledgment of Funding Agreement and Guarantee Assignment. [Remainder of Page Intentionally Left Blank] V-1 PART VI NOTICE OF SECURITY INTEREST Pursuant to the Indenture, the Trust has collaterally assigned the Funding Agreement and Guarantee to the Indenture Trustee pursuant to the Indenture. Notice is hereby given that the Indenture Trustee, on behalf of the Holders of the Notes, has a security interest in the Collateral, including, but not limited to, any and all payments to be made by Principal Life to the Trust pursuant to the Funding Agreement and any and all payments to be made by PFG to the Trust pursuant to the Guarantee. Each of Principal Life and PFG, by executing this instrument, hereby (x) consents to the security interest granted by the Trust, to the Indenture Trustee in the payments under the Funding Agreement and Guarantee, as applicable, (y) agrees to make all payments due under the Funding Agreement and Guarantee, as applicable, to the Collection Account or any other account designated in writing to Principal Life or PFG, as applicable, by the Indenture Trustee and (z) agrees to comply with all orders of the Indenture Trustee with respect to the Funding Agreement and Guarantee, as applicable, without any further consent from the Trust. This notice of security interest shall be governed by, and shall be construed and enforced in accordance with, the laws of the State of New York, without regard to conflicts of laws principles thereof, and shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assigns. This instrument may not be amended, modified or waived without the consent of the Indenture Trustee, the Trust, Principal Life and PFG. The Custodian hereby acknowledges the terms of this Notice of Security Interest. [Remainder of Page Intentionally Left Blank] VI-1 PART VII PRINCIPAL LIFE OFFICER'S CERTIFICATE The undersigned, an authorized officer of Principal Life, does hereby certify to each agent that is a party to the Terms Agreement (as defined in the Omnibus Instrument) relating to the Notes, in such capacity and on behalf of Principal Life, pursuant to the Distribution Agreement, that: 1. Since the respective dates as of which information is given in the Prospectus (as defined in the Distribution Agreement), as of the date hereof, there has been no material adverse change in the condition, financial or otherwise, or in the earnings, business affairs or business prospects of Principal Life and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business; 2. The representations and warranties of Principal Life contained in the Distribution Agreement are true and correct with the same force and effect as though expressly made at and as of the date hereof; 3. Principal Life has complied with all agreements and satisfied all conditions on its part to be performed or satisfied at or prior to the date hereof; and 4. No stop order suspending the effectiveness of the Registration Statement (as defined in the Distribution Agreement) has been issued and no proceedings for that purpose have been instituted or are pending or, to the best of such person's knowledge, are threatened by the Commission (as defined in the Distribution Agreement). [Remainder of Page Intentionally Left Blank] VII-1 PART VIII PFG OFFICER'S CERTIFICATE The undersigned, an authorized officer of PFG, does hereby certify to each Purchasing Agent that is a party to the Terms Agreement (as defined in the Omnibus Instrument) relating to the Notes, in such capacity and on behalf of PFG, pursuant to the Distribution Agreement, that: 1. Since the respective dates as of which information is given in the Prospectus (as defined in the Distribution Agreement), as of the date hereof, there has been no material adverse change in the condition, financial or otherwise, or in the earnings, business affairs or business prospects of PFG and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business; 2. The representations and warranties of PFG contained in the Distribution Agreement are true and correct with the same force and effect as though expressly made at and as of the date hereof; 3. PFG has complied with all agreements and satisfied all conditions on its part to be performed or satisfied at or prior to the date hereof; and 4. No stop order suspending the effectiveness of the Registration Statement (as defined in the Distribution Agreement) has been issued and no proceedings for that purpose have been instituted or are pending or, to the best of such person's knowledge, are threatened by the Commission (as defined in the Distribution Agreement). [Remainder of Page Intentionally Left Blank] VIII-1 PART IX TRUST CERTIFICATE The Trust does hereby certify to each Purchasing Agent that is a party to the Terms Agreement (as defined in the Omnibus Instrument) relating to the Notes, in such capacity and on behalf of the Trust, pursuant to the Distribution Agreement and Terms Agreement, as applicable, that: 1. Since the respective dates as of which information is given in the Prospectus (as defined in the Distribution Agreement), as of the date hereof, there has been no material adverse change in the condition, financial or otherwise, or in the earnings, business affairs or business prospects of the Trust, whether or not arising in the ordinary course of business; 2. The representations and warranties of the Trust contained in the Distribution Agreement are true and correct with the same force and effect as though expressly made at and as of the date hereof; and 3. The Trust has complied with all agreements and satisfied all conditions on its part to be performed or satisfied at or prior to the date hereof. [Remainder of Page Intentionally Left Blank] IX-1 PART X PRINCIPAL LIFE CERTIFICATION Principal Life certifies, as of the Original Issue Date, that the Principal Life Officer's Certificate, a copy of which is attached as Exhibit A to this Closing Instrument, is true and correct and remains in full force and effect. [Remainder of Page Intentionally Left Blank] X-1 PART XI PFG CERTIFICATION PFG certifies, as of the Original Issue Date, that the PFG Officer's Certificate, a copy of which is attached as Exhibit B to this Closing Instrument, is true and correct and remains in full force and effect. [Remainder of Page Intentionally Left Blank] XI-1 PART XII INDENTURE TRUSTEE CERTIFICATION The Indenture Trustee certifies, as of the Original Issue Date, that the Indenture Trustee Officer's Certificate, a copy of which is attached as Exhibit C to this Closing Instrument, is true and correct and remains in full force and effect. [Remainder of Page Intentionally Left Blank] XII-1 PART XIII TRUSTEE CERTIFICATION The Trustee certifies, as of the Original Issue Date, that the Trustee Officer's Certificate, a copy of which is attached as Exhibit D to this Closing Instrument, is true and correct and remains in full force and effect. [Remainder of Page Intentionally Left Blank] XIII-1 PART XIV CROSS-RECEIPT The Trust hereby acknowledges receipt of the Net Proceeds to the Trust (as specified in the Pricing Supplement) from the Indenture Trustee and herewith delivers to the Indenture Trustee, or has caused to be delivered to the Indenture Trustee, the Notes, duly executed by the Trust pursuant to the Indenture. The Trust hereby acknowledges receipt of funds for the Trust Beneficial Interest from or at the direction of the Trust Beneficial Owner and has caused to be registered in the name of the Trust Beneficial Owner the Trust Beneficial Interest pursuant to the Trust Agreement. Principal Life hereby acknowledges receipt of the Net Proceeds to the Trust and, for purposes of the Funding Agreement, the receipt of the Net Proceeds to the Trust shall be deemed to be receipt by Principal Life in full of the Net Deposit (as specified in the Funding Agreement). Principal Life herewith delivers to the Indenture Trustee, or has caused to be delivered to the Indenture Trustee, the Funding Agreement, duly executed by Principal Life. The Custodian, on behalf of the Indenture Trustee, hereby acknowledges receipt from Principal Life of the Funding Agreement. The Custodian, on behalf of the Indenture Trustee, hereby acknowledges receipt from PFG of the Guarantee. The Trust Beneficial Owner hereby acknowledges ownership of the Trust Beneficial Interest. PFG and the Indenture Trustee hereby acknowledge the terms of this Cross-Receipt. [Remainder of Page Intentionally Left Blank] XIV-1 PART XV MISCELLANEOUS AND EXECUTION PAGES This Closing Instrument may be executed by each of the parties hereto in any number of counterparts, and by each of the parties hereto on separate counterparts, each of which counterparts, when so executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. Each signatory, by its execution hereof, does hereby become a party to each of the agreements or instruments identified for such party as of the Original Issue Date. IN WITNESS WHEREOF, the undersigned have executed this Closing Instrument with respect to the Trust, dated as of the date first written above. By: PRINCIPAL LIFE INSURANCE COMPANY (in executing below agrees and becomes a party to (i) the Instructions of the Trust set forth in Part I herein, (ii) the Assignment of Funding Agreement and Guarantee set forth in Part IV herein, (iii) the Acknowledgement of Funding Agreement and Guarantee Assignment set forth in Part V herein, (iv) the Notice of Security Interest set forth in Part VI herein, (v) the Principal Life Certification set forth in Part X herein and (vi) the Cross-Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: Principal Financial Group, Inc. (in executing below agrees and becomes a party to (i) the Assignment of Funding Agreement and Guarantee set forth in Part IV herein, (ii) the Acknowledgement of Funding Agreement and Guarantee Assignment set forth in Part V herein, (iii) the Notice of Security Interest set forth in Part VI herein, (iv) the PFG Certification set forth in Part XI herein and (v) the Cross Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- [Execution Page 1 of 4] By: THE PRINCIPAL LIFE INCOME FUNDINGS TRUST DESIGNATED IN THIS CLOSING INSTRUMENT (in executing below agrees and becomes party to (i) the Instructions of the Trust set forth in Part I herein, (ii) the Assignment of Funding Agreement and Guarantee set forth in Part IV herein, (iii) the Acknowledgement of Funding Agreement and Guarantee Assignment set forth in Part V herein, (iv) the Notice of Security Interest set forth in Part VI herein, (v) the Trust Certificate set forth in Part IX herein and (vi) the Cross-Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: CITIBANK, N.A., in its capacity as Indenture Trustee, Registrar, Transfer Agent, Paying Agent and Calculation Agent (in executing below agrees and becomes party to (i) the Instructions of the Trust set forth in Part I herein, (ii) the Acknowledgement of Indenture Trustee Concerning the Notes set forth in Part II herein, (iii) the Assignment of Funding Agreement and Guarantee set forth in Part IV herein, (iv) the Acknowledgement of Funding Agreement and Guarantee Assignment set forth in Part V herein, (v) the Notice of Security Interest set forth in Part VI herein, (vi) the Indenture Trustee Certification set forth in Part XII herein and (vii) the Cross Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- [Execution Page 2 of 4] By: U.S. BANK TRUST NATIONAL ASSOCIATION, in its capacity as Trustee (in executing below agrees and becomes a party to the Trustee Certification set forth in Part XIII herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: GSS HOLDINGS II, INC., in its capacity as Trust Beneficial Owner (in executing below agrees and becomes a party to the Cross-Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: BANKERS TRUST COMPANY, N.A., in its capacity as custodian (in executing below agrees and becomes a party to (i) the Certificate Regarding Custody of the Funding Agreement and the Guarantee set forth in Part III herein, (ii) the Assignment of Funding Agreement and Guarantee set forth in Part IV herein, (iii) the Acknowledgment of Funding Agreement and Guarantee Assignment set forth in Part V herein, (iv) the Notice of Security Interest set forth in Part VI herein and (v) the Cross Receipt set forth in Part XIV herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: [Name], in his/her capacity as an authorized officer of Principal Life (in executing below agrees and becomes a party to the Principal Life Officer's Certificate set forth in Part VII herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- [Execution Page 3 of 4] By: [Name], in his/her capacity as an authorized officer of PFG (in executing below agrees and becomes a party to the PFG Officer's Certificate set forth in Part VIII herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- By: [MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED] (in executing below agrees and becomes a party to the Instructions of the Trust set forth in Part I herein) By: -------------------------------- Name: ------------------------------ Title: ----------------------------- [Execution Page 4 of 4] EXHIBIT A PRINCIPAL LIFE OFFICER'S CERTIFICATE I, an officer of Principal Life Insurance Company, an insurance company organized under the laws of Iowa ("Principal Life"), being fully aware of the by-laws (the "By-Laws") and resolutions of Principal Life, hereby certify on behalf of Principal Life that: 1. Attached hereto as Annex I is a true, correct and complete copy of the Articles of Incorporation and, as Annex II, a true, correct and complete copy of the By-Laws of Principal Life, together with all amendments thereto, if any, as in full force from the date thereof through to the Original Issue Date. 2. Attached hereto as Annex III is a true, correct and complete copy of the resolution duly adopted by the Board of Directors of Principal Life at a meeting duly called and held on ______, 2003, which resolution is relevant to the Program, including the issuance of the Notes, and such resolution has not been amended, modified or rescinded and remains in full force and effect; and such resolution is the only resolution adopted by Principal Life relating to the Program and the Notes. 3. Attached hereto as Annex IV is a list of each of the duly elected officers of Principal Life holding on the Original Issue Date the office or offices set forth opposite his or her name authorized on behalf of Principal Life (i) to execute (manually or by facsimile) all agreements, documents, notices, acknowledgements and certificates to which Principal Life is a party or which Principal Life is required to deliver in connection with the issuance of the Notes and (ii) to take any other action on behalf of Principal Life in relation to the above issue; and such signatures set forth therein are the true signatures of such persons. All capitalized terms used and not defined herein shall have the meanings assigned to those terms in the Indenture. By: [Name], in [his/her] capacity as an officer of Principal Life Insurance Company By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- A-1 EXHIBIT B PFG OFFICER'S CERTIFICATE I, an officer of Principal Financial Group, Inc., a corporation organized under the laws of Delaware ("PFG"), being fully aware of the by-laws (the "By-Laws") and resolutions of PFG, hereby certify on behalf of PFG that: 1. Attached hereto as Annex I is a true, correct and complete copy of the Articles of Incorporation and, as Annex II, a true, correct and complete copy of the By-Laws of PFG, together with all amendments thereto, if any, as in full force from the date thereof through to the Original Issue Date. 2. Attached hereto as Annex III is a true, correct and complete copy of the resolution duly adopted by the Board of Directors of PFG at a meeting duly called and held on ______, 2003, which resolution is relevant to the Program, including the issuance of the Notes, and such resolution has not been amended, modified or rescinded and remains in full force and effect; and such resolution is the only resolution adopted by PFG relating to the Program and the Notes. 3. Attached hereto as Annex IV is a list of each of the duly elected officers of PFG holding on the Original Issue Date the office or offices set forth opposite his or her name authorized on behalf of PFG (i) to execute (manually or by facsimile) all agreements, documents, notices, acknowledgements and certificates to which PFG is a party or which PFG is required to deliver in connection with the issuance of the Notes and (ii) to take any other action on behalf of PFG in relation to the above issue; and such signatures set forth therein are the true signatures of such persons. All capitalized terms used and not defined herein shall have the meanings assigned to those terms in the Indenture. By: [Name], in [his/her] capacity as an officer of Principal Financial Group, Inc. By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- B-1 EXHIBIT C INDENTURE TRUSTEE OFFICER'S CERTIFICATE I, an officer of Citibank, N.A., as indenture trustee (the "Indenture Trustee"), hereby certify that: 1. The Indenture (the "Indenture") contained in, and dated as of the date specified in, the Omnibus Instrument, by and between the Indenture Trustee and the Trust has been duly executed and delivered in the name and on behalf of the Indenture Trustee. 2. The Notes issued by the Trust have been duly authenticated by the Indenture Trustee. 3. Each of the persons named on Annex I hereto has been duly elected or appointed and is duly qualified as an officer of the Indenture Trustee on the Original Issue Date, holding the office or offices set forth opposite his or her name, and the signature set forth opposite his or her name is a specimen of his or her genuine signature. 4. Attached hereto as Annex II is a true, correct and complete copy of the By-laws of the Indenture Trustee as in effect on the Original Issue Date. All capitalized terms used and not defined herein shall have the meanings assigned to those terms in the Indenture. By: [Name], in [his/her] capacity as an officer of Citibank, N.A., as indenture trustee By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- C-1 EXHIBIT D TRUSTEE OFFICER'S CERTIFICATE I, an officer of U.S. Bank Trust National Association, as trustee (the "Trustee"), hereby certify that: 1. The Trust Agreement (the "Trust Agreement"), contained in, and dated as of the date specified in, the Omnibus Instrument, by and between the Trustee and the Trust Beneficial Owner has been duly executed and delivered in the name and on behalf of the Trustee. 2. Each of the persons named on Annex I hereto has been duly elected or appointed and is duly qualified as an officer of the Trustee on the Original Issue Date, holding the office or offices set forth opposite his or her name, and the signature set forth opposite his or her name is a specimen of his or her genuine signature. 3. Attached hereto as Annex II is a true, correct and complete copy of the By-laws of the Trustee as in effect on the Original Issue Date. All capitalized terms used and not defined herein shall have the meanings assigned to those terms in the Trust Agreement. By: [Name], in [his/her] capacity as an officer of U.S. Bank Trust National Association, as trustee By: ------------------------------------ Name: ---------------------------------- Title: --------------------------------- D-1