Calculation Agent Adjustment. Notwithstanding anything in the Equity Definitions to the contrary, the Calculation Agent may make an adjustment pursuant to Calculation Agent Adjustment to any one or more of the Base Shares, the Forward Price and any other variable relevant to the settlement or payment terms of the Transaction. Extraordinary Events: In lieu of the applicable provisions contained in Article 12 of the Equity Definitions, the consequences of any applicable Extraordinary Event shall be as specified in “Acceleration Events” and “Termination Settlement” hereunder. Tender Offer: Not applicable.
Appears in 2 contracts
Sources: Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp), Confirmation of Forward Stock Sale Transaction (E Trade Financial Corp)