Template:2002 ISDA Equity Derivatives Definitions 6.3(a)

6.3(a) Market Disruption Event. "Market Disruption Event" means in respect of a Share or
an Index, the occurrence or existence of (i) a Trading Disruption, (ii) an Exchange Disruption, which in
either case the Calculation Agent determines is material, at any time during the one hour period that ends
at the relevant Valuation Time, Latest Exercise Time, Knock-in Valuation Time or Knock-out Valuation
Time, as the case may be, or (iii) an Early Closure. For the purposes of determining whether a Market
Disruption Event in respect of an Index exists at any time, if a Market Disruption Event occurs in respect
of a security included in the Index at any time, then the relevant percentage contribution of that security
to the level of the Index shall be based on a comparison of (x) the portion of the level of the Index
attributable to that security and (y) the overall level of the Index, in each case immediately before the
occurrence of such Market Disruption Event.