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{{eqderivprov|11.2(c)}} If “'''{{p|eq|Calculation Agent Adjustment (Share Transactions)|Calculation Agent Adjustment}}'''” is specified as the {{eqderivprov|Method of Adjustment}} in the | :{{eqderivprov|11.2(c)}} If “'''{{p|eq|Calculation Agent Adjustment (Share Transactions)|Calculation Agent Adjustment}}'''” is specified as the {{eqderivprov|Method of Adjustment}} in the related {{csaprov|Confirmation}} of a {{eqderivprov|Share Transaction}} or {{eqderivprov|Share Basket Transaction}} (or if no {{eqderivprov|Method of Adjustment}} is specified in the related {{eqderivprov|Confirmation}} for such {{eqderivprov|Transaction}}), then following the declaration by the {{eqderivprov|Issuer}} of the terms of any {{eqderivprov|Potential Adjustment Event}}, the {{eqderivprov|Calculation Agent}} will determine whether such {{eqderivprov|Potential Adjustment Event}} has a diluting or concentrative effect on the theoretical value of the relevant {{eqderivprov|Shares}} and, if so, will | ||
:(A) in respect of a {{eqderivprov|Share Option Transaction}} or a {{eqderivprov|Share Basket Option Transaction}}, | ::(i) make the corresponding adjustment(s), if any, to any one or more of: | ||
:(B) in respect of a {{eqderivprov|Share Forward Transaction}} or a Share Basket Forward | :::(A) in respect of a {{eqderivprov|Share Option Transaction}} or a {{eqderivprov|Share Basket Option Transaction}}, the {{eqderivprov|Strike Price}}, the {{eqderivprov|Number of Options}}, the {{eqderivprov|Option Entitlement}}, the {{eqderivprov|Knock-in Price}}, the Knockout Price, and the relevant {{eqderivprov|Number of Shares}}; | ||
:(C) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the | :::(B) in respect of a {{eqderivprov|Share Forward Transaction}} or a Share Basket Forward Transaction, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the Knock-in Price, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | ||
and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that | :::(C) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Equity Notional Amount}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | ||
:and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that {{eqderivprov|Transaction}} as the {{eqderivprov|Calculation Agent}} determines appropriate to account for that diluting or concentrative effect (provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant {{eqderivprov|Share}}) and | |||
::(ii) determine the effective date(s) of the adjustment(s). | |||
:The {{eqderivprov|Calculation Agent}} may (but need not) determine the appropriate adjustment(s) by reference to the adjustment(s) in respect of such {{eqderivprov|Potential Adjustment Event}} made by an options exchange to options on the relevant {{eqderivprov|Shares}} traded on such options exchange. <br> |