INDEX OF DEFINED TERMS - Banca di Legnano

Level: 2 – From: 2 – Wednesday, July 21, 2010 – 12:15 – eprint6 – 4247 Section 07
Additional Terms and Conditions for Share Linked Notes
defined in the applicable Final Terms for the purposes of calculating any value
or determining any amount payable in respect of the Notes; and
“C” is the official closing price of the relevant Affected Share on the relevant
Exchange on the date that the substitution is effected.
(B)
Where the Share Linked Notes relate to a Basket of Shares, the Calculation
Agent may adjust the Basket of Shares to include a share or shares (the
“Substitute Shares”) selected by it in accordance with the Share Substitution
Criteria in place of the Share(s) (the “Affected Share(s)”) which are affected by
such Merger Event, Tender Offer, Nationalization, Insolvency or De-listing and
the Substitute Shares will be deemed to be “Shares” and the relevant issuer of
each such share, a “Share Company” for the purposes of the Notes, and the
Calculation Agent will make such adjustment, if any, to any of the terms of the
Terms and Conditions and/or the applicable Final Terms as the Calculation
Agent in its sole and absolute discretion determines appropriate, provided that
in the event that any amount payable under the Notes was to be determined by
reference to the price of the Affected Share on the Trade Date (or any such
other historical date specified in the applicable Final Terms), the relevant price
of each Substitute Share will be determined by the Calculation Agent in
accordance with the following formula:
A x (B/C)
Where:
“A” is the official closing price of the relevant Substitute Share on the relevant
exchange, as determined by the Calculation Agent on the date that the
substitution is effected;
“B” is the price of the Affected Share on the Trade Date (or any such other
historical date specified in the applicable Final Terms) where such price is
defined in the applicable Final Terms for the purposes of calculating any value
or determining any amount payable in respect of the Notes; and
“C” is the official closing price of the relevant Affected Share on the relevant
Exchange on the date that the substitution is effected.
The weighting of each Substitute Share in the basket will be equal to the weighting of the relevant
Affected Share.
Upon the occurrence of a Merger Event, De-listing, Nationalization, Insolvency or, if applicable, Tender
Offer, the Issuer shall give notice as soon as practicable to the Noteholders in accordance with Condition
14 stating the occurrence of the Merger Event, Tender Offer, Nationalization or Insolvency, as the case
may be, giving details thereof and the action proposed to be taken in relation thereto provided that any
failure to give, or non-receipt of, such notice will not affect the validity of any such Merger Event, Tender
Offer, De-listing, Nationalization or Insolvency, as the case may be.
6. Non-euro Quoted Shares
In respect of Share Linked Notes relating to Shares originally quoted, listed and/or dealt as of the
Trade Date in a currency of a member state of the European Union that has not adopted the single
currency in accordance with the Treaty, if such Shares are at any time after the Trade Date quoted, listed
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