Template:M comp disc Equity Derivatives 12.5

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Section 12.3. Consequences of Tender Offers

12.3(a) Cancellation and Payment (Tender Offers)

12.3(b) Options Exchange Adjustment (Tender Offers)

12.3(c) Calculation Agent Adjustment (Tender Offers)

12.3(d) Modified Calculation Agent Adjustment (Tender Offers)

12.3(e) Partial Cancellation and Payment (Tender Offers)

12.3(f) Component Adjustment (Tender Offers)

Section 12.4. Settlement Following a Merger Event or Tender Offer
Section 12.5. Composition of Combined Consideration
Section 12.6. Nationalization, Insolvency and Delisting

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