lock-out means the closing of a place of employment, or the suspension of work, or the refusal by an employer to continue to employ any number of persons employed by him in consequence of a dispute, done with a view to compelling those persons, or to aid another employer in compelling persons employed by him, to accept terms or conditions of or affecting employment;
Black-Out means a restriction imposed by the Company on all or any of its directors, officers, employees, insiders or persons in a special relationship whereby they are to refrain from trading in the Company's securities until the restriction has been lifted by the Company.
Knock-out Barrier means the relevant Strike.
Knock Out Event means the event as defined in §4(4).
Knock-out Period means each Calculation Date from the First Day of the Knock-out Period (including) to the Final Valuation Date (including).