Rule 10b5-1. (a) The parties acknowledge that following any election of Cash Settlement or Net Share Settlement by Counterparty, this Confirmation is intended to constitute a binding contract satisfying the requirements of Rule 10b5-1(c) of the Exchange Act and agree that this Confirmation shall be interpreted to comply with such requirements.
Appears in 8 contracts
Samples: Underwriting Agreement (Consolidated Edison Inc), Consolidated Edison Inc, Consolidated Edison Co of New York Inc