Convertibility: Not before maturity (European style option)Hard Call: Non call life = 3.0 years (12/15/1999)Maturity: 12/15/1999Maturity Settlement: Paid in stock and/or cash based on 20-trading day MSFT average close ending 2-trading days prior to maturity date. 1. If $79.875 <= MSFT <= $102.24, investor gets 1.0 share of MSFT or  the cash equivalent. 2. If MSFT<= $79.875, investor gets the number of MSFT shares  equivalent to $79.875 or the cash equivalent.3. If MSFT >= $102.24, investor gets the number of MSFT shares  equivalent in value to $102.24 or the cash equivalent.

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