Common use of Day Order, Cancellation and Amendment Clause in Contracts

Day Order, Cancellation and Amendment. Any day order for purchase or sale of securities placed by you at my/our request that has not been executed before the close of trading hours of SEHK or other relevant Exchange or such other expiration date required by SEHK or other relevant Exchange or such other later time as agreed between you and me/us shall be deemed to have been cancelled automatically (to the extent not executed if executed in part). Request to cancel or amend an Instruction is only possible before it has been executed and is subject to your acceptance (you shall not refuse to accept such a request unless on reasonable grounds). Instructions are, unless accepted by you for cancellation or amendment, good for the trading day on which it was accepted by you and shall lapse if not executed by the end of such trading day unless otherwise agreed to by you, or in the case of an Instruction relating to an exchange outside Hong Kong if the day on which the Instruction is accepted by you is not a trading day of the relevant exchange, the immediate following trading day of such exchange.