EFTA01390611.pdf

(iii) Any notice given pursuant to subparagraphs (b)(i) or (bXii) above shall not be valid unless given so as to be effective, at the latest, one hour before the close of business on the last Business Day (the "Notice Date") on which the recipient would customarily be required to initiate settlement of the securities to be transferred by it pursuant to such notice in order for settlement to take place on the Business Day immediately preceding the relevant Income Payment Dale. (is) Nothing in this subparagraph (b) shall prejudice any entitlement of either party to terminate a Transaction in any other manner permitted by the Agreement. (c) Unless otherwise agreed between the parties, where (notwithstanding, and without prejudice to. subparagraph (b) above) Equivalent Securities in respect of Purchased Securities which are equities or. as the case may be, Equivalent Margin Securities in respect of Margin Securities which are equities have not been transferred by Buyer to Seller or the transferee to the transferor prior to an Income Payment Date in respect of such Securities. subparagraph (a) shove shall not apply in respect of such Securities. but instead Buyer shall or, as the case may be. the transferee shall, on the date Income is paid by the issuer of those Securities. transfer to or credit to the account of Seller or, as the case may be, the transferor - (i) an amount equal to (and in the same currency as) so much of such Income attributable to such Securities as is (if it is the holder of such Securities on such Income Payment Date) or would have been (if it had been the holder of such Securities on such Income Payment Date) paid in cash by the issuer to the holder, and (ii) an amount equal to such amount. if any, in respect of tax or tax benefit as Buyer or the transferee is (if it is the holder of such Securities on such Income Payment Date) or would have been (if it had been the holder of such Securities on such Income Payment Date) entitled to claim or recover in cash from the issuer's jurisdiction in respect of such Income payment; provided that, unless otherwise agreed between the parties, if Buyer or. as the case may be. the transferee has failed to make reasonable efforts to transfer the relevant Equivalent Securities or Equivalent Margin Securities prior to such Income Payment Date in circumstances where the proviso to subparagraph (bXi) above or. as the case may be, subparagraph (bXii) has been satisfied, then, instead of transferring or crediting the amount refaced to in subparagraphs (i) and (ii) of this subparagraph (c), Buyer or. as the case may be. the transferee shall indemnify Seller or. as the case may be, the transferor in respect of any cost, loss (including for the avoidance of doubt the amount ofIncome that would have been paid to Seller or. as the case may be, the transferor if it had been the holder of such Securities on such Income Payment Date) or damage (excluding. for the avoidance of doubt, any consequential loss or damage) suffered by such person which it would not have suffered had the relevant Equivalent Securities or Equivalent Margin Securities been transferred prior to such Income Payment Date. (d) Where Buyer or. as the case may be. the transferee is required by law to make any transfer or credit pursuant to subparagraph teXi) or (ii) above subject to withholding or deduction of taxes or duties. and as a result would, but for this subparagraph, be required to pay additional amounts under paragraph 6(b) of the Agreement, unless otherwise agreed between the panics, it shall only be obliged to pay such additional amounts to the extent that it could, in the relevant circumstances. have avoided. satisfied or off-set the relevant obligation to withhold or deduct (or to account for the tax withheld or deducted) by utilising any mailable tax credit in respect of the relevant Securities (or transactions relating to them).". 4. corporate action. sad voting (a) In relation to Purchased Securities or Margin Securities which arc equities (and in respect of which Equivalent Securities or. as the case may be, Equivalent Margin Securities have not been transferred) Buyer, in the case of Purchased Securities, or the transferee, in the case of Margin Securities, shall notify the other party within a reasonable time after the date on which a holder of such Securities would in the normal course have received such notice from the issuer of any notice issued by the issuer of such Securities to the holders of such Securities relating to any proposed conversion, 45 Confidential CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0095155 CONFIDENTIAL SDNY_GM_00241339 EFTA01390611