Neiman Marcus 2008 Annual Report Download - page 207

Section 10.19. Calculation of Original Issue Discount. The Company shall file with the Trustee promptly at the end of each
calendar year (i) a written notice specifying the amount of original issue discount (including daily rates and accrual periods) accrued
on Outstanding Securities as of the end of such year and (ii) such other specific information relating to such original issue discount as
may then be relevant under the Internal Revenue Code of 1986, as amended from time to time.
ARTICLE 11. Redemption of Securities.
Section 11.11. Applicability of Article. The Company may reserve the right to redeem and pay before Stated Maturity all or
any part of the Securities of any series, either by optional redemption, sinking or purchase fund or analogous obligation or otherwise,
by provision therefor in the form of Security for such series established and approved pursuant to Section 202 and on such terms as are
specified in such form or in the indenture supplemental hereto with respect to Securities of such series as provided in Section 301.
Redemption of Securities of any series shall be made in accordance with the terms of such Securities and, to the extent that this Article
does not conflict with such terms, the succeeding Sections of this Article.
Section 11.12. Election To Redeem; Notice to Trustee. The election of the Company to redeem any Securities redeemable at
the election of the Company shall be evidenced by, or pursuant to authority granted by, a Board Resolution. In case of any redemption
at the election of the Company, the Company shall, at least 60 days prior to the Redemption Date fixed by the Company (unless a
shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of
Securities of such series and the Tranche (as defined in Section 1103) to be redeemed.
In the case of any redemption of Securities (i) prior to the expiration of any restriction on such redemption provided in the
terms of such securities or elsewhere in this Indenture, or (ii) pursuant to an election of the Company which is subject to a condition
specified in the terms of such Securities, the Company shall furnish the Trustee with an Officers' Certificate evidencing compliance
with such restriction or condition.
Section 11.13. Selection by Trustee of Securities To Be Redeemed. If less than all the Securities of like tenor and terms of
any series (a "Tranche") are to be redeemed, the particular Securities to be redeemed shall be selected not more than 60 days prior to
the Redemption Date by the Trustee, from the Outstanding Securities of such Tranche not previously called for redemption, by such
method as the Trustee shall deem fair and appropriate (other than pro rata selection) and which may include provision for the election
for redemption of portions of the principal of Securities of such Tranche of a denomination larger than the minimum authorized
denomination for Securities of that series. Unless otherwise provided in the terms of a particular series of Securities, the portions of
the principal of Securities so selected for partial redemption shall be equal to the minimum authorized denomination of the Securities
of such series, or an integral multiple thereof, and the principal amount which remains outstanding shall not be less than the minimum
authorized denomination for Securities of such series. If less than all the Securities of unlike tenor and terms of a series are to be
redeemed, the particular Tranche of Securities to be redeemed shall be selected by the Company.
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