Common use of Announcement Event Clause in Contracts

Announcement Event. If an Announcement Event occurs, the Calculation Agent will determine the economic effect of the Announcement Event on the theoretical value of this Transaction (including without limitation any change in volatility, expected dividends, or liquidity relevant to the Shares or to the Transaction) from the Announcement Date to the Valuation Date. If such economic effect is material, the Calculation Agent may adjust the terms of this Transaction to reflect such economic effect to Dealer. “Announcement Event” shall mean the occurrence of the Announcement Date of a Merger Event or Tender Offer