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SCHEDULE OF INCREASES OR DECREASES IN SUBORDINATED NOTE

The initial principal amount of this Subordinated Note is $0. The following increases or decreases in a part of this Subordinated Note

have been made:

Date

Amount of

decrease in

principal

amountofthis

Subordinated

Note

Amount of

increase in

principal

amountofthis

Subordinated

Note

Principalamountof

this Subordinated

Note following

such decrease

(or increase)

Signatureof

authorizedsignatory

of Trustee

Exhibit 4.15

E*TRADE Financial Corporation

as Issuer

And

The Bank of New York

as Trustee

Indenture

Dated as of November22, 2005

7

7

/

8

% Senior Notes Due 2015



2006. EDGAR Online, Inc.