Occidental Petroleum 2010 Annual Report Download - page 105

or duly provided until the principal thereof is paid or made available for payment. Interest payments on the Notes of each series
shall be the amount of interest accrued from and including the most recent Interest Payment Date for such series for which
interest has been paid or duly provided (or from and including December 16, 2010 if no interest has been paid or duly provided
with respect to the Notes of such series), to but excluding the next succeeding Interest Payment Date for such series (or other
day on which such payment of interest on the Notes of such series is due). Interest on the Notes of each series will be
calculated on the basis of a 360-day year comprised of twelve 30-day months.
(vii) Place of Payment; Registration of Transfer and Exchange; Notices to Company . Payment
of the principal of and interest on the Notes of each series will be made at the Corporate Trust Office of the Trustee in the
Borough of Manhattan, The City of New York, or at the office or agency of the Trustee maintained for that purpose in the
Borough of Manhattan, The City of New York, or at any other office or agency designated by the Company for such purpose;
provided that, at the option of the Company, payment of interest due on any Interest Payment Date may be made by check
mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or by wire transfer of
immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than
15 days prior to the applicable Interest Payment Date. The Notes of each series may be presented for exchange and registration
of transfer at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York, or at the office or
agency of the Trustee maintained for that purpose in the Borough of Manhattan, The City of New York or at the office of any
transfer agent hereafter designated by the Company for such purpose. Notices and demands to or upon the Company in respect
of the Notes of any series and the Indenture may be served at Occidental Petroleum Corporation, 10889 Wilshire Boulevard,
Los Angeles, California 90024, Attention: Vice President and Treasurer.
(viii) Redemption. The Notes of each series are not entitled to any mandatory redemption or sinking fund
payments. However, the Notes of each series are redeemable, in whole at any time or in part from time to time, at the option of
the Company on the terms and subject to the conditions set forth in the form of certificate evidencing the Notes of such series
attached hereto as Exhibit A, in the case of the 2013 Notes, Exhibit B, in the case of the 2016 Notes, and Exhibit C, in the case
of the 2021 Notes, and in the Indenture.
(ix) Denominations. The Notes of each series are issuable in denominations of $2,000 and integral
multiples of $1,000 in excess thereof.
(x) Security Register; Paying Agent . The Security Register for the Notes of each series will be
initially maintained at the Corporate Trust Office of the Trustee in the Borough of Manhattan, The City of New York or at the
office of any transfer agent hereafter designated by the Company for such purpose. The Company hereby appoints the Trustee
as the initial Securities Registrar, transfer agent and Paying Agent.
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