Equity Linked Offerings

NOVEMBER 2011

ISSUE 1

ISSUE 2

ISSUE 3

Institution

JPMorgan Chase Bank,
National Association
(Columbus, Ohio FDIC #628)

Description

Certificates of Deposit Linked to the Russell 2000 Index due November 28, 2018

Index

Russell 2000 Index

Index Return

(Ending Index Level - Starting Index Level) / Starting Index Level, subject to a Knock Out Level of [170-180]% of the Starting Index Level. If a Knock Out Event occurs, the Index Return will be equal to the Knock Out Rate of 20%.

Starting Index Level

The Index closing level on the pricing date, which is expected to be on or about November 23, 2011

Ending Index Level

The Index closing level on November 23, 2018

Knock Out Event

If the Index closing level is greater than the Knock-Out Level on any day during the period from, but excluding, the pricing date to and including the Observation Date, a Knock-Out Event will have occurred

Pricing Date

November 23, 2011

Settlement Date

November 29, 2011

CUSIP

48123YX68

Term Sheet(pdf)

Click here

Comments

Index Return Examples:
1) If the Index closing value of RTY on every day from the Pricing Date up to and including the Observation Date is less than or equal to [170% to 180]% of the Starting Index Level, client receives greater of the Index Return and zero

(2) If the Index closing value (including the Ending Index Level) of RTY on any day from the Pricing Date up to and including the Observation Date is greater than [170% to 180]% of the Starting Index Level, client receives Knock Out Rate of 20%