This excerpt taken from the GIS 8-K filed Dec 13, 2005.
|(i)||cash in an amount equal to the lesser of (A) the Accreted Value of such $1,000 Principal Amount at Maturity, and (B) the amount (the Conversion Amount) equal to the average Closing Price of Common Stock during the Cash Settlement Averaging Period multiplied by the Conversion Rate in effect with respect to the applicable Conversion Date; and|
|(ii)||cash or Common Stock or a combination of cash and Common Stock, at the Companys option, with an aggregate value equal to the amount, if any, by which the Conversion Amount exceeds the Accreted Value of such $1,000 Principal Amount at Maturity.|
This Notice relates only to the cash that the Company has elected to deliver upon a repurchase of the Securities pursuant to Sections 3.07 and 3.08 of the Indenture and to the cash and shares of Common Stock (if any) that the Company has elected to deliver upon conversion of the Securities pursuant to Article 10 of the Indenture, and does not amend or modify any provisions of the Indenture, which shall remain in full force and effect.
Dated: December 12, 2005
*The CUSIP numbers listed above are for information purposes only. Neither the Company nor the Trustee will be responsible for the selection or use of these CUSIP numbers, nor is any representation made as to their correctness on the Securities or as indicated in any redemption notice.