Template:GMRA 2000 EA 2

EA 2. Interpretation (Equities Annex)
(a) In this Equities Annex -

(i) “equities” and “equity securities” include shares or stock in the share capital of a corporation, whether ordinary shares or preference shares or other kinds of shares or stock;

(ii) “Equivalent Margin Securities” and “Equivalent Securities” mean, in relation to Margin Securities and Purchased Securities which are equity securities and which are partly paid, or have been converted, sub-divided, consolidated, redeemed, made the subject of a takeover, capitalisation issue, rights issue or event similar to any of the foregoing -

(A) in the case of conversion, sub-division or consolidation, securities equivalent to the securities into which the relevant Securities have been converted, sub-divided or consolidated; provided that, if appropriate, notice has been given in accordance with paragraph 4(a) of this Equities Annex;

(B) in the case of redemption, a sum of money equivalent to the proceeds of the redemption;

(C) in the case of takeover, a sum of money or securities equivalent to the consideration or alternative consideration of which notice has been given in accordance with paragraph 4(a) of this Equities Annex;

(D) in the case of a call on partly paid securities, securities equivalent to the paid-up securities; provided that, in the case of Equivalent Securities, Seller or, in the case of Equivalent Margin Securities, the party which transferred the relevant Margin Securities shall have paid to the other party a sum of money equal to the sum due in respect of the call;

(E) in the case of a capitalisation issue, securities equivalent to the relevant Securities together with the securities allotted by way of bonus thereon;

(F) in the case of a rights issue, securities equivalent to the relevant Securities together with the securities allotted thereon; provided that notice has been given to the other party in accordance with paragraph 4(a) of this Equities Annex;

(G) in the event that income in the form of securities, or a certificate which may at a future date be exchanged for securities or an entitlement to acquire securities is distributed, securities equivalent to the relevant Securities together with securities or a certificate or an entitlement equivalent to those allotted; provided that notice has been given in accordance with paragraph 4(a) of this Equities Annex;

(H) in the case of any event similar to any of the foregoing, securities equivalent to the relevant Securities together with or replaced by a sum of money or securities or other property equivalent to that received in respect of such Securities resulting from such event,

in each case, other than Distributions;

(iii) “Income” means, with respect to any Security at any time, all interest, dividends or other distributions thereon, including distributions which are a payment or repayment of principal or, in the case of equity securities, a payment of redemption proceeds in respect of the relevant securities ("Distribution(s)").

(b) In the event of any conflict between the terms of this Equities Annex and the Agreement the terms of this Equities Annex shall prevail.