PNC Bank 2005 Annual Report Download - page 165

11. No Additional Reload Option. Exercise of the Reload Option will not entitle Optionee to receive an
additional reload option, regardless of the manner in which the Reload Option is exercised.
12. Effective Date. If Optionee does not accept the grant of the Reload Option by executing and delivering
a copy of the Reload Agreement to PNC, without altering or changing the terms of the Reload Agreement
in any way, within thirty (30) days of receipt by Optionee of a copy of the Reload Agreement, PNC may, in
its sole discretion, withdraw its offer and cancel the Reload Option and the Reload Agreement at any time
prior to Optionee’ s delivery to PNC of a copy of the Reload Agreement executed by Optionee.
Otherwise, upon execution and delivery of the Reload Agreement by both PNC and Optionee and, in the
event that Optionee is subject to the reporting requirements of Section 16(a) of the Exchange Act with
respect to PNC securities, the filing with and acceptance by the SEC of a Form 4 reporting the Reload
Option Grant, the Reload Option and the Reload Agreement are effective as of the Reload Option Grant
Date.
IN WITNESS WHEREOF, PNC has caused the Reload Agreement to be signed on its behalf effective as of the
Reload Option Grant Date.
THE PNC FINANCIAL SERVICES GROUP, INC.
By: _________________________________________
Chairman and Chief Executive Officer
ATTEST:
By: _________________________________________
Corporate Secretary
Accepted and agreed to as of the Reload Option Grant Date
Optionee
Annex A - Certain Definitions
Annex B - Notice of Exercise
Annex C - Tax Payment Election Form