2005 Japanese Interdealer Master Equity Derivatives Confirmation Agreement

2005 Japanese Interdealer Master Equity Derivatives Confirmation Agreement

(Revised April 2007)

The 2005 Japanese Interdealer Master Equity Derivatives Confirmation Agreement is designed to document Cash-settled Index Option Transactions with respect to a Japanese Index and Physically-settled Share Option Transactions with respect to Japanese Shares in the Japanese interdealer market.

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