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:{{eqderivprov|11.2(c)}} If “'''{{p|eq|Calculation Agent Adjustment (Share Transactions)|Calculation Agent Adjustment}}'''” is the {{eqderivprov|Method of Adjustment}} for a {{eqderivprov|Share Transaction}} or {{eqderivprov|Share Basket Transaction}} (or if none is specified) then following the {{eqderivprov|Issuer}}’s declaration of an {{eqderivprov|Potential Adjustment Event}}, the {{eqderivprov|Calculation Agent}} will determine whether the {{eqderivprov|Potential Adjustment Event}} will concentrate or dilute the value of the {{eqderivprov|Shares}}. If it will the Calculation Agent may | :{{eqderivprov|11.2(c)}} If “'''{{p|eq|Calculation Agent Adjustment (Share Transactions)|Calculation Agent Adjustment}}'''” is the {{eqderivprov|Method of Adjustment}} for a {{eqderivprov|Share Transaction}} or {{eqderivprov|Share Basket Transaction}} (or if none is specified) then following the {{eqderivprov|Issuer}}’s declaration of an {{eqderivprov|Potential Adjustment Event}}, the {{eqderivprov|Calculation Agent}} will determine whether the {{eqderivprov|Potential Adjustment Event}} will concentrate or dilute the value of the {{eqderivprov|Shares}}. If it will, the Calculation Agent may: | ||
::(i) adjust any | ::(i) adjust any relevant variable under that {{eqderivprov|Transaction}} it considers necessary to account for that dilution or concentration (without adjusting just for changes in volatility, expected dividends, stock loan rate or liquidity) and | ||
::(ii) determine the effective dates of any adjustments. | ::(ii) determine the effective dates of any adjustments. | ||
: | :The {{eqderivprov|Calculation Agent}} may refer to adjustments an {{eqderivprov|Options Exchange}} makes to corresponding options when doing so. <br> |