Template:2002 ISDA Equity Derivatives Definitions 10.3(a)

10.3(a) First Period. "First Period" means each period from, and including, one Cash Settlement
Payment Date or Settlement Date, as the case may be, to, but excluding, the next following Cash
Settlement Payment Date or Settlement Date, as the case may be, except that (i) the initial Dividend
Period will commence on, and include, the Clearance System Business Day that is one Settlement Cycle
following the Trade Date and (ii) the final Dividend Period will end on, but exclude, the final Cash
Settlement Payment Date or Settlement Date, as the case may be.