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External sources (not reviewed)

[...] mechanism closely linked with the Company’s [...][...]

[...] directors should link rewards to [...]

Similar to a call warrant, the moneyness of a put warrant is calculated by reference to the difference between the exercise price or strike level and the underlying asset’s price or level, divided by the underlying asset’s price or level, as illustrated in the table below.

A number of other factors also change all the time (see FAQs 5.2 and 5.4) and, therefore, a mere rise in the underlying asset’s price may not necessarily lead to a corresponding increase to the extent of the effective gearing, or to any increase at all in the warrant or CBBC price.

(b)Linking it tothe cost of raising [...]

A progressive payment schedule can be considered, i.e. the loan borrowers may opt to repay less in the initial years and to repay more in the latter years, or the amount of repayment should be made contingent upon income of loan borrowers, in order to ease the financial burden of fresh graduates.

The check itself is performed by a comparison of the calculated maximum bending stress in the fixing eye [6.3] with the permitted bending stress of the spring material [6.4].

[...] [...] taking AUD as the LinkedCurrency.

[...] of theCurrency-LinkedCapitalProtected Investment Deposit are limited exclusively to an office of the Bank in Hong Kong and instructions in respect of theCurrency-LinkedCapitalProtected [...][...]

[...] rate orequity linkedbonds andnotes [...][...]

However, when the underlying assetof a CBBC is trading at a price close to its call price, the value of CBBC may become more volatile (and less sensitive to movements in the price of the underlying asset due to the risk of occurrence of a mandatory call event) and the change in its value may be disproportionate to the change in the value ofthe underlying asset.

[...] shares orequity-linkedsecurities other [...][...]

[...] foreign exchange linked contracts to minimise [...][...]

Operating expenses increased due to the credit recognised in 2011 relating to defined benefit obligations, which did not recur, and a customer redress provision relating to interest rate protection products in Europe taken in 1H12, together with with increased performance costs in line with the rise in net operating income.

When using fixing eyes it is advisable to design the spring with a sufficient level of safety [1.10] and check the loading capacity of the eyes in chapter [6].

Operating expenses reduced, reflecting a decline in average staff numbers and lower performance-related pay, which was partly offset by higher customer redress provisions and increased restructuring and other related costs during 2012.

It takes into consideration on factors such as salaries paid by comparable companies, time commitment and responsibilities of Directors and senior management, employment conditions elsewhere in the Group and desirability of performance-base remuneration.

As the HK dollar is pegged with the US dollar, the Fund was not exposed tosignificant foreign exchange risk.

Moreover,  the  former  thought  that  pension  benefits should be related to the contribution, w hereas the latter tended  to incorporate the element of wealth redistributi on.

2.2.9  As a condition of continued receipt of index data originating from the Sources, Subscriber shall not create, sponsor or permit the trading on any exchange facilities of financial instruments or investment products (including without limitation, derivatives, structured products, investment funds, exchange-traded funds or derivatives based on exchange-traded funds (e.g., options on ETFs or futures on ETFs)) where the price, return and/or performance of such instrument or product is based on, related to, or intended to track, any index published by the Sources or financial instrument or investment product (e.g., an exchange-traded fund) linked to an index published by the Sources, without a separate written agreement with the Sources for such purpose.