VRSN » Topics » FORM OF HEDGING COMPLETION NOTICE

This excerpt taken from the VRSN 10-Q filed May 12, 2008.

FORM OF HEDGING COMPLETION NOTICE

JPMorgan Chase Bank, National Association

c/o J.P. Morgan Securities Inc.

277 Park Avenue, 11th Floor

New York, New York 10172

[Date]

VeriSign, Inc.

487 East Middlefield Road

Mountain View, CA 94043

Ladies and Gentlemen:

This letter is a hedging completion notice within the meaning of Section 2.04(c) of the Confirmation dated as of February 8, 2008 (the “Confirmation”) between VeriSign, Inc. (the “Purchaser”) and JPMorgan Chase Bank, National Association, London Branch (the “Seller”), by J.P. Morgan Securities Inc., as its agent. Capitalized terms used herein have the meanings set forth in the Confirmation.

This hedging completion notice relates to the Transaction described in the Confirmation. Upon the terms and subject to the conditions of the Confirmation, the terms of the Transaction shall be as follows:

 

1. Hedging Price:

   [__________ ].

2. Discount:

   [__________ ].

3. Upside Threshold:

   [__________ ].

4. Minimum Delivery Number:

   [__________ ].

5. Expected First Day of the Averaging Period:

   [__________ ].

 

Very truly yours,
J.P. MORGAN SECURITIES INC., as agent for JPMorgan Chase Bank, National Association, London Branch
By:    
  Name:  
  Title:  

 

Acknowledged and Confirmed:
VERISIGN, INC.
By:    
  Name:  
  Title:  

 

Exh-C-1

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