Template:M comp disc Equity Derivatives 12.9(a)(ii)

Section 12.9(a): The actual Additional Disruption Events

12.9(a)(i) Additional Disruption Event

12.9(a)(ii) Change in Law

12.9(a)(iii) Failure to Deliver

12.9(a)(iv) Insolvency Filing

12.9(a)(v) Hedging Disruption

12.9(a)(vi) Increased Cost of Hedging

12.9(a)(vii) Loss of Stock Borrow

12.9(a)(viii) Increased Cost of Stock Borrow

Section 12.9(a): Other definitions relating to Additional Disruption Events

12.9(a)(ix) Hedging Party

12.9(a)(x) Hedging Shares

12.9(a)(xi) Lending Party

12.9(a)(xii) Non-Hedging Party

12.9(a)(xiii) Maximum Stock Loan Rate

12.9(a)(xiv) Initial Stock Loan Rate

12.9(a)(xv) Price Adjustment

Change in Law is part of the great triple cocktail of protections against nasty things happening on your hedge. The consequences of a Change in Law (or an Insolvency Filing are set out in 12.9(b)(i).