Template:2002 ISDA Equity Derivatives Definitions 6.7(d)
- 6.7(d) Adjustments of the Exchange-traded Contract. Without duplication of Section 11.1
(which shall govern in the event of any conflict), in the event that the terms of the Exchange-traded
Contract are changed or modified by the Exchange, the Calculation Agent shall, if necessary, adjust one
or more of the Strike Price, the Number of Options, the Initial Price, the Forward Price, the Forward
Floor Price, the Forward Cap Price, the Knock-in Price, the Knock-out Price and/or any other variable
relevant to the settlement terms of the Transaction to preserve for each party the economic equivalent of
any payment or payments (assuming satisfaction of each applicable condition precedent) by the parties in
respect of the Transaction that would have been required after the date of such change.