Common use of Termination of a CFD Contract Clause in Contracts

Termination of a CFD Contract. 14.1 You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) theReferenceAssetceases tobeable to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable or fair to either party to make an adjustment to the terms of a CFD under this Schedule; or (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty). 14.2 If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to youor by you to FPMarkets, which FPMarkets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FPMarkets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. Schedule 2 – Securities-MarginFacility It is agreed as follows:

Termination of a CFD Contract. 14.1 13.1. You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) theReferenceAssetceases tobeable the Reference Asset ceases to be able to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable or fair to either party to make an adjustment to the terms of a CFD under this Schedule; or; (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty); or (d) FP Markets considers, acting reasonably, that the Hedge Counterparty or issuer of the Reference Asset may not be able to meet its obligations to FP Markets under the terms of the Hedge Contract or Reference Asset or other contracts between FP Markets and the issuer of the Reference Asset or the Hedge Counterparty; or (d) you fail to maintain your Maintenance Margin for that CFD. 14.2 13.2. If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to youor you or by you to FPMarketsFP Markets, which FPMarkets FP Markets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FPMarkets FP Markets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. Schedule 2 – Securities-MarginFacility It is agreed as follows:

Termination of a CFD Contract. 14.1 13.1 You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) theReferenceAssetceases tobeable theReferenceAssetceasestobeable to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable or fair to either party to make an adjustment to the terms of a CFD under this Schedule; or; (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty); or (d) FP Markets considers, acting reasonably, that the Hedge Counterparty or issuer ofthe Reference Assetmaynotbeable to meet its obligations to FP Markets under the terms of the Hedge Contract or Reference Asset or other contracts between FP Markets and the issuer ofthe Reference AssetortheHedge Counterparty. 14.2 13.2 If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to youor by you to FPMarkets, which FPMarkets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FPMarkets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. Schedule 2 – Securities-MarginFacility It is agreed as follows:.

Termination of a CFD Contract. 14.1 You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) theReferenceAssetceases tobeable the Reference Asset ceases to be able to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable or fair to either party to make an adjustment to the terms of a CFD under this Schedule; or (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty). 14.2 If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to youor you or by you to FPMarketsFP Markets, which FPMarkets FP Markets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FPMarkets FP Markets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. Schedule 2 – Securities-MarginFacility It is agreed as follows:

Termination of a CFD Contract. 14.1 13.1 You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) theReferenceAssetceases tobeable the Reference Asset ceases to be able to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable or fair to either party to make an adjustment to the terms of a CFD under this Schedule; or; (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty); or (d) FP Markets considers, acting reasonably, that the Hedge Counterparty or issuer of the Reference Asset may not be able to meet its obligations to FP Markets under the terms of the Hedge Contract or Reference Asset or other contracts between FP Markets and the issuer of the Reference Asset or the Hedge Counterparty. 14.2 13.2 If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to youor you or by you to FPMarketsFP Markets, which FPMarkets FP Markets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FPMarkets FP Markets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. Schedule 2 – Securities-MarginFacility It is agreed as follows:.