Template:M comp disc Equity Derivatives Dividend Recovery

You may see this kind of malarkey in a Equity Derivatives Master Confirmation. To be clear, the ISDA version is lifted from the 2002 ISDA Equity Derivatives User’s Guide, not the 2002 ISDA Equity Derivatives Definitions themselves, so here you have not only the nutshell version, but below, an even less nutty version. Or more nutty, depending on your view as you read on.

This is a patch job to correct what looks to be a blip in the 2002 ISDA Equity Derivatives Definitions about the timing and payment of Dividend Amounts