Template:Nutshell Equity Derivatives 9.7

9.7. “Fractional Share Amount” means a Settlement Currency amount representing any fractional Share in a Number of Shares to be Delivered or the Number of Baskets to be Delivered multiplied by:

(a) Share Option Transactions and Share Basket Option Transactions: the Settlement Price for that Share on the Exercise Date (assuming Cash Settlement with an Exercise Date of the Valuation Date);

(b) Share Forward Transactions and Share Basket Forward Transactions: the Settlement Price for that Share on the Valuation Date for that Settlement Date (or, if none, the date one Settlement Cycle before the Settlement Date); and

(c) Share Swap Transactions and Share Basket Swap Transactions: the Final Price for the Share on the Valuation Date for that Settlement Date (or, if none, the date one Settlement Cycle before the Settlement Date).