Common use of Determination of Daily Clause in Contracts

Determination of Daily. Level of the 10 Uncommon Values. If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the 10 Uncommon Values Index, the Calculation Agent shall provide the necessary information as follows below. In order to determine the value of an Index Security that is listed on a non-United States exchange, trading system or market (the "Foreign Value"), the Calculation Agent shall, once per Trading Day, value the Index Security using the most recent sales price of such Index Security available from the primary exchange, trading system or market in the Index Security's home market, quoted as of the Close of Trading. In order to convert the Foreign Value into U.S. dollars, the Calculation Agent shall use the Official W.M. Reuters Spot Closinx Xate. If there are several quotes for the Official W.M. Reuters Spot Closing Rxxx, the first quoted rate starting at 11:00 A.M. shall be the rate used. If there is no such Official W.M. Reuters Spot Closing Rxxx for a country's currency at 11:00 A.M., New York City time, the Foreign Value shall be determined using the last available U.S. dollar cross-rate quote before 11:00 A.M., New York City time. In order to determine the value of an Index Security that is listed or quoted on a bulletin board service, the Calculation Agent shall use the average of the midpoint of the bid and ask prices provided by three market makers in that Index Security. The Calculation Agent shall obtain the bid and ask prices promptly upon the opening of trading on that Trading Day at 9:30 A.M., New York City time or at such other time as the Calculation Agent determines. The Calculation Agent shall provide AMEX with the value of the M&A Cash Component, the M&A Sale Component, the PV Extraordinary Cash Component, the Extraordinary Cash Component and the Extraordinary Sale Component as soon as such values are available. The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the 10 Uncommon Values Index.

Determination of Daily. Level of the 10 Uncommon Values. If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the 10 Uncommon Values Index, the Calculation Agent shall provide the necessary information as follows below. In order to determine the value of an Index Security that is listed on a non-United States exchange, trading system or market (the "Foreign Value"), the Calculation Agent shall, once per Trading Day, value the Index Security using the most recent sales price of such Index Security available from the primary exchange, trading system or market in the Index Security's home market, quoted as of the Close of Trading. In order to convert the Foreign Value into U.S. dollars, the Calculation Agent shall use the Official W.M. Reuters Spot Closinx XateClosing Rxxx. If there are several quotes for the Official W.M. Reuters Spot Closing RxxxXxxx, the first quoted rate starting at 11:00 A.M. shall be the rate used. If there is no such Official W.M. Reuters Spot Closing Rxxx Xxxx for a country's currency at 11:00 A.M., New York City time, the Foreign Value shall be determined using the last available U.S. dollar cross-rate quote before 11:00 A.M., New York City time. In order to determine the value of an Index Security that is listed or quoted on a bulletin board service, the Calculation Agent shall use the average of the midpoint of the bid and ask prices provided by three market makers in that Index Security. The Calculation Agent shall obtain the bid and ask prices promptly upon the opening of trading on that Trading Day at 9:30 A.M., New York City time or at such other time as the Calculation Agent determines. The Calculation Agent shall provide AMEX with the value of the M&A Cash Component, the M&A Sale Component, the PV Extraordinary Cash Component, the Extraordinary Cash Component and the Extraordinary Sale Component as soon as such values are available. The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the 10 Uncommon Values Index.

Determination of Daily. Level of the 10 Uncommon Values. ------------------------------------------------------ If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the 10 Uncommon Values Index, the Calculation Agent shall provide the necessary information as follows below. In order to determine the value of an Index Security that is listed on a non-United States exchange, trading system or market (the "Foreign Value"), the Calculation Agent shall, once per Trading Day, value the Index Security using the most recent sales price of such Index Security available from the primary exchange, trading system or market in the Index Security's home market, quoted as of the Close of Trading. In order to convert the Foreign Value into U.S. dollars, the Calculation Agent shall use the Official W.M. X.X. Reuters Spot Closinx XateClosing Rate. If there are several quotes for the Official W.M. X.X. Reuters Spot Closing RxxxRate, the first quoted rate starting at 11:00 A.M. shall be the rate used. If there is no such Official W.M. X.X. Reuters Spot Closing Rxxx Rate for a country's currency at 11:00 A.M., New York City time, the Foreign Value shall be determined using the last available U.S. dollar cross-rate quote before 11:00 A.M., New York City time. In order to determine the value of an Index Security that is listed or quoted on a bulletin board service, the Calculation Agent shall use the average of the midpoint of the bid and ask prices provided by three market makers in that Index Security. The Calculation Agent shall obtain the bid and ask prices promptly upon the opening of trading on that Trading Day at 9:30 A.M., New York City time or at such other time as the Calculation Agent determines. The Calculation Agent shall provide AMEX with the value of the M&A Cash Component, Component and the M&A Sale Component, Component and/or the PV Extraordinary Cash Component, the Extraordinary Cash Component and the Extraordinary Sale Component as soon as such values are available. The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the 10 Uncommon Values Index.

Determination of Daily. Level of the 10 Uncommon Values. If the AMEX is unable to obtain certain information necessary for its daily calculation and dissemination of the level of the 10 Uncommon Values Index, the Calculation Agent shall provide the necessary information as follows below. In order to determine the value of an Index Security that is listed on a non-United States exchange, trading system or market (the "Foreign Value"), the Calculation Agent shall, once per Trading Day, value the Index Security using the most recent sales price of such Index Security available from the primary exchange, trading system or market in the Index Security's home market, quoted as of the Close of Trading. In order to convert the Foreign Value into U.S. dollars, the Calculation Agent shall use the Official W.M. X.X. Reuters Spot Closinx XateClosing Rate. If there are several quotes for the Official W.M. X.X. Reuters Spot Closing RxxxRate, the first quoted rate starting at 11:00 A.M. shall be the rate used. If there is no such Official W.M. X.X. Reuters Spot Closing Rxxx Rate for a country's currency at 11:00 A.M., New York City time, the Foreign Value shall be determined using the last available U.S. dollar cross-rate quote before 11:00 A.M., New York City time. In order to determine the value of an Index Security that is listed or quoted on a bulletin board service, the Calculation Agent shall use the average of the midpoint of the bid and ask prices provided by three market makers in that Index Security. The Calculation Agent shall obtain the bid and ask prices promptly upon the opening of trading on that Trading Day at 9:30 A.M., New York City time or at such other time as the Calculation Agent determines. The Calculation Agent shall provide AMEX with the value of the M&A Cash Component, Component and the M&A Sale Component, Component and/or the PV Extraordinary Cash Component, the Extraordinary Cash Component and the Extraordinary Sale Component as soon as such values are available. The Calculation Agent shall, once per Trading Day, provide AMEX with the interest accrued on the Cash Included in the 10 Uncommon Values Index.