Template:2002 ISDA Equity Derivatives Definitions 10.3(b)

10.3(b) Second Period. "Second Period" means each period from, but excluding, one Valuation
Date to, and including, the next {{eqderivprov[[- Equity Derivatives Provision|]], except that (i) the initial Dividend Period will commence
on, but exclude, the}} Trade Date and (ii) the final Dividend Period will end on, and include, the final
Valuation Date or, in respect of a Physically-settled Forward Transaction to which Variable Obligation is
not applicable, the date that is one Settlement Cycle prior to the Settlement Date.