ISDA Conferences

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

Documenting and Confirming Equity Derivative Transactions Conference:
The Equity Derivatives Specialist

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

7.5 CPE Credit Hours Available

October 30, 2008
Global Financial Markets Conference Center
New York

PROGRAM AGENDA

8:00 AM	Registration and Continental Breakfast
8:50 AM	Introduction and Welcoming Remarks Rosario Chiarenza, Counsel, ISDA
9:00 AM	The 2002 ISDA Equity Derivatives Definitions • Overview of the ISDA Equity Documentation Architecture • Exercise, Valuation and Settlement of Swaps, Forward and Option Transactions Timothy W. Andrews, Managing Director, Structured Fund Products, Scotia Capital Joyce Xu, Counsel, Simpson Thacher & Bartlett LLP
10:00 AM	Morning Break
10:15 AM	Market Disruption Events • Examination of the definitions of Trading Disruption, Exchange Disruption and Early Closure and their significance • Exchange Business Day and the new definition of Scheduled Trading Day • Consequences of Disrupted Days • Averaging Date Disruptions and Consequences • Index Adjustment Events Ilene K. Froom, Executive Director and Assistant General Counsel, J.P. Morgan Chase & Co.
11:15 AM	Extraordinary Events Part I • Tender Offers and Merger Events and possible elections • Consequences of Tender Offers and Merger Events • Types of Consideration and definition of "New Shares" • An in depth evaluation of why certain elections are made Daniel N. Budofsky, Partner, Davis Polk & Wardwell
12:15 PM	Extraordinary Events Part II • Nationalization, Insolvency and Delisting • Elective Additional Disruption Events Gary M. Rosenblum, First Vice President and Senior Counsel, Merrill Lynch & Co., Inc.
1:00 PM	Luncheon
2:15 PM	Confirmation Workshop (Beginner & Advanced) This workshop will be broken into two groups, beginner and advanced, and will examine key equity derivative transaction confirmation provisions. The beginner session assumes no previous knowledge of the 2002 Equity Derivatives Definitions, while the advanced session assumes some previous knowledge of these areas and will spend less time on the basics. The workshop will examine key provisions under the 2008 Americas Master Designated/Exchange-Traded Contract Option Confirmation Agreement and the Americas Share Swap Annex as well as a representative swap and option 'long form' confirmation, including the following areas: • Product characteristics • Deal ticket terms • Elections for Market Disruption Events, Merger Events/Tender Offers and Additional Disruption Events Beginner Confirmation Workshop Todd Blanke, Director and Counsel, BNP Paribas Harry Jho, Member, Harry Jho, LLC. Advanced Confirmation Workshop Ilene K. Froom, Executive Director and Assistant General Counsel, J.P. Morgan Chase & Co. Lauren Teigland-Hunt, Managing Partner, Teigland-Hunt & Associates LLP
3:45 PM	Afternoon Break
4:00 PM	Workshop Continues
5:00 PM	Conference Concludes

Agenda is subject to change

Please click here for the Conference Registration Form.

CONFERENCE VENUE: Global Financial Markets Conference Center, 360 Madison Avenue (entrance on 45th Street), 17th Floor, New York, NY 10017 Phone: (212) 901-6000.

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