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W—j", MT Iff1w FORM OF BOND (a) The form of the Bond, including the form of Paying Agent/Registrar's Authentication Certificate, the form. of Assignment and the forin of Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be attached only to the Bonds initially issued and delivered pursuant to this Ordinance, shall be, respectively, substantially as follows, with such appropriate variations, omissions, or insertions as are permitted or required by this Ordinance. NO. R UNITED STATES OF AMERICA PRINCIPAL STATE OF TEXAS AMOUNT CITY OF PARIS, TEXAS, GENERAL OBLIGATION PENSION BOND, TAXABLE, SERIES 2022 INTEREST DELIVERY MATURITY RATE DATE DATE CUSIP NO. --------- - - ----- ------ % September 8, 2022 June 1.5, 20® REGISTERED OWNER: PRINCIPA-L AMOUNT: ON THE MATURITY DATE specified above, CITY OF PARIS, TEXAS, in Lamar County, Texas (the "City"), being a political subdivision of the State of Texas, hereby promises to pay to the Registered Owner set forth above, or registered assigns (hereinafter called the '6registered owner") the principal amount set forth above, and to pay interest thereon from the Delivery Date, on December 15, 2022, and on each June 15 and December 15 thereafter to the maturity date specified above, or the date of redemption prior to maturity, at the interest rate per annum specified above; except that if this Bond is required to be authenticated and the date of its authentication is later than. the first Record Date (hereinafter defined), such principal amount shall bear interest fro m the interest payment date next preceding the date of authentication, -unless such date of authentication. is after any Record Date but on or before the next following interest payment date, in which case such principal amount shall bear interest from such next following interest payment date; provided, however, that if on. the date of authentication hereof the interest on the Bond or Bonds, if any, for which. this Bond is being exchanged or converted fi-orn is due but has not been paid, then this Bond shall be interest from the date to which such interest has been paid in full. THE PRINCIPAL OF AND INTEREST ON this Bond are payable in lawful money of the United States of America, without exchange or collection charges. The principal of this Bond shall be paid to the registered owner hereof upon presentation and surrender of this Bond at maturity, or upon the date fixed for its redemption prior to maturity, at the designated corporate trust office of BOKF, NA, Dallas, Texas, which is the "Paying Agent/Registrar" for this Bond. The payment of interest on this Bond shall be made by the Paying Agent/Registrar to the registered. owner hereof on each interest payment date by check or draft, dated as of such interest