Template:Nutshell Equity Derivatives 12.2(b)

12.2(b) “Cancellation and Payment”, then the relevant Transaction will be cancelled as of the Merger Date and:

(i) Option Transactions: Seller will pay Buyer the Section 12.7(b) amount, and

(ii) Forward Transactions and Equity Swap Transactions: one party will pay the other a 12.7(c) amount;