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(a)(b)(c)“Om<strong>is</strong>sion” <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms, th<strong>en</strong> such AveragingDate will be <strong>de</strong>emed not to be an Averaging Date for purposes of<strong>de</strong>termining the rele<strong>van</strong>t Refer<strong>en</strong>ce Price. If through the operation of th<strong>is</strong>prov<strong>is</strong>ion no Averaging Date would occur with respect to the rele<strong>van</strong>tValuation Date, th<strong>en</strong> the prov<strong>is</strong>ions relating to Valuation Dates will apply forthe purposes of <strong>de</strong>termining the Refer<strong>en</strong>ce Price for the final Averaging Dateas if such final Averaging Date were a Valuation Date that was a D<strong>is</strong>ruptedDay;“Postponem<strong>en</strong>t” <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms, th<strong>en</strong> the prov<strong>is</strong>ionsrelating to Valuation Dates will apply for the purpose of <strong>de</strong>termining therele<strong>van</strong>t Refer<strong>en</strong>ce Price for that Averaging Date as if such Averaging Datewere a Valuation Date that was a D<strong>is</strong>rupted Day irrespective of whether,pursuant to such <strong>de</strong>termination, that <strong>de</strong>ferred Averaging Date would fall on adate that already <strong>is</strong> or <strong>is</strong> <strong>de</strong>emed to be an Averaging Date; or“Modified Postponem<strong>en</strong>t” <strong>is</strong> specified in the rele<strong>van</strong>t Final Terms, th<strong>en</strong>:(A)(B)where the Equity Linked Notes are specified in the rele<strong>van</strong>t FinalTerms to relate to a single Equity, the rele<strong>van</strong>t Averaging Date shallbe the first succeeding Valid Date. If the first succeeding Valid Datehas not occurred as of the Valuation Time on the eighth ScheduledTrading Day immediately following the original date that, but for theoccurr<strong>en</strong>ce of another Averaging Date or D<strong>is</strong>rupted Day, would havebe<strong>en</strong> the final Averaging Date in respect of the rele<strong>van</strong>t ScheduledValuation Date, th<strong>en</strong> (i) that eighth Scheduled Trading Day shall be<strong>de</strong>emed to be the Averaging Date (irrespective of whether that eighthScheduled Trading Day <strong>is</strong> already an Averaging Date) and (ii) theCalculation Ag<strong>en</strong>t shall, where practicable, <strong>de</strong>termine the Refer<strong>en</strong>cePrice for that Averaging Date in accordance with the prov<strong>is</strong>ionsrelating to Valuation Date; orwhere the Notes are specified in the rele<strong>van</strong>t Final Terms to relate toa Basket of Equities, the Averaging Date for each Equity not affectedby the occurr<strong>en</strong>ce of a D<strong>is</strong>rupted Day shall be the date specified inthe rele<strong>van</strong>t Final Terms as an Averaging Date in respect of therele<strong>van</strong>t Valuation Date and the Averaging Date for each Equityaffected by the occurr<strong>en</strong>ce of a D<strong>is</strong>rupted Day (each an “AffectedEquity”) shall be the first succeeding Valid Date in relation to suchAffected Equity. If the first succeeding Valid Date in respect of theAffected Equity has not occurred as of the Valuation Time on theeighth Scheduled Trading Day immediately following the originaldate that, but for the occurr<strong>en</strong>ce of another Averaging Date orD<strong>is</strong>rupted Day, would have be<strong>en</strong> the final Averaging Date in relationto the rele<strong>van</strong>t Scheduled Valuation Date, th<strong>en</strong> (i) that eighthScheduled Trading Day shall be <strong>de</strong>emed to be the Averaging Date(irrespective of whether that eighth Scheduled Trading Day <strong>is</strong> alreadyan Averaging Date) in respect of the Affected Equity and (ii) theCalculation Ag<strong>en</strong>t shall <strong>de</strong>termine the Refer<strong>en</strong>ce Price for thatAveraging Date in accordance with the prov<strong>is</strong>ions relating toValuation; and154

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