Luxottica Group, S.p.A. (LUX)

(a)                                  Subject to paragraph (b) below, if two or more Interest Periods:

(i)                                     relate to Facility A Loans; and

(ii)                                  end on the same date,

those Facility A Loans will, unless that Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Facility A Loan on the last day of the Interest Period.

(b)                                 Subject to Clause 4.4 (Maximum number of Loans) and Clause 5.3 (Currency and amount), if the Italian Borrower requests in a Selection Notice that a Facility A Loan be divided into two or more Facility A Loans, that Facility A Loan will, on the last day of its Interest Period, be so divided in the amounts specified in that Selection Notice, being an aggregate amount equal to the amount of the Facility A Loan immediately before its division.

(c)                                  Subject to paragraph (d) below, if two Interest Periods:

(i)                                     relate to Facility B Loans; and

(ii)                                  end on the same date,

those Facility B Loans, will, unless the US Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Facility B Loan on the last day of the Interest Period.

(d)                                 Subject to Clause 4.4 (Maximum number of Loans) and Clause 5.3 (Currency and amount), if the US Borrower requests in a Selection Notice that a Facility B Loan be divided into two Facility B Loans, that Facility B Loan will, on the last day of its Interest Period, be so divided in the amounts specified in that Selection Notice, being an aggregate amount equal to the amount of the Facility B Loan immediately before its division.

11.