Deutsche Bank AG, London Branch 18 March. 2014 Commodity Option Transaction Our ref: 767318425 (390962915) Reporting jurisdiction(s): ESMA ESMA Generating Party: PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LLC +1 4435414739 Deutsche Bank AG. London Branch Telex: 94015555 Swift: DEUT GB2L Tel: +44 20 7547 7305 Fax: 444 20 7 45 22 0 Email: The purpose of this letter agreement (this "Confirmation") is to confirm the terms and conditions of the Transaction entered into between us Deutsche Bank AG. London Branch ("Party A") and PRIVATE CLIENT SERVICES PWM ALEX BROWN AC SOUTHERN FINANCIAL LW ("Party B") on the Trade Date specified below (the "Transaction"). The definitions and provisions contained in the 2005 ISDA Commodity Definitions (the 'Commodity Definitions") and the 2000 ISDA Definitions (the "ISDA Definitions") (as published in each case by the International Swaps and Derivatives Association. Inc.) are incorporated into this Confirmation. In the event of any inconsistency between the Commodity Definitions or the ISDA Definitions and this Confirmation. this Confirmation will govern. This Confirmation constitutes a Confirmation' as referred to in. and supplements. forms a pan of and is subject to. the ISDA Master Agreement dated as of 28 October 2013 as amended and supplemented from time to time (the 'Agreement'). between you and Deutsche Bank AG. All provisions contained in the Agreement govern this Confirmation except as expressly modified below. The terms of the Transaction to which this Confirmation relates are as follows: I. General Terms Trade Date: 13 March 2014 Effective Date: 13 March 2014 Notional Amount: 100.000.00 barrels Termination Date: 15 May 2014 Settlement Date: 19 May 2014 Option Type: Call & Put Commodity Oil-WTI Commodity Reference WTI Crude Oil June 2014 futures contract Price: Commodity Reference Bloomberg Ticker "CLM