ISDA Conferences

International Swaps and Derivatives Association, Inc. (ISDA®)

Understanding the ISDA Master Agreements Conference
With Comprehensive Sessions on:
Key differences between the 2002 and the 1992 ISDA Master Agreements
Understanding the ISDA Credit Support Annex

7 CLE Credit Hours Available (New York)
Transitional and Nontransitional

7 CPE Credit Hours Available

May 21, 2008
Seaport World Trade Center
Boston

PROGRAM AGENDA

8:00 AM	Registration and Continental Breakfast
8:45 AM	Welcoming Remarks Mark New, Assistant General Counsel, ISDA
9:00 AM	The 2002 ISDA Master Agreement • Section-by-section analysis of the 2002 ISDA Master Agreement • Discussion of key differences between the 2002 ISDA Master Agreement and the 1992 ISDA Master Agreement • New measure of damages, Close-out Amount • Amendments to the Events of Default and Termination Events • New Set-Off provision • New consolidated interest rate provisions • 2001 ISDA Cross-Agreement Bridge • Netting opinions David Lucking, Senior Associate, Allen & Overy Mark New, Assistant General Counsel, ISDA Kevin O’Brien, Senior Associate, Stikeman Elliott
10:30 AM	Morning Break
11:00 AM	The 2002 ISDA Master Agreement (continued)
12:30 PM	Luncheon
1:45 PM	Negotiating the Schedule to the 2002 ISDA Master Agreement This session will focus on key issues that firms typically negotiate in their Schedule to the 2002 Agreement. Frequently negotiated Schedule provisions will be discussed: • Automatic Early Termination • Specified Entities • Specified Transactions • Cross Default • Threshold Amounts • Additional Termination Events • Additional Representations Miller Brownstein, Associate, Cadwalader, Wickersham & Taft LLP Nikiforos Mathews, Of Counsel, Orrick, Herrington & Sutcliffe LLP
3:15 PM	Afternoon Break
3:30 PM	Understanding the ISDA Credit Support Annex The ISDA Credit Support Annex under New York law forms part of the Schedule of the ISDA Master Agreement. It is designed to document security arrangements involving the use of cash or readily marketable securities to secure the risk either or both parties may have under the ISDA Master Agreement to which the ISDA Credit Support Annex relates. This session will examine critical provisions in the ISDA Credit Support Annex under New York law, including defining credit support obligations and effecting transfers, calculations and substitutions of collateral, dispute resolution, holding and usage of posted collateral, events of default, standard representations and rights and remedies, as well as various elections and variables. Meyer C. Dworkin, Associate, Davis Polk & Wardwell Gareth Old, Associate, Clifford Chance
5:00 PM	Conference Concludes

Agenda is subject to change

Please click here for the Conference Registration Form.

CONFERENCE VENUE: Seaport World Trade Center, 200 Seaport Boulevard, Boston, MA, 02210,
Phone: (617) 385-4216.

To obtain more information, please contact the ISDA conference department at +1 212-901-6000 or
e-mail CONFERENCES@ISDA.ORG