2007 European Master Equity Derivatives Confirmation Agreement

With this form of amendment, Iceland is defined by the definition of jurisdictions covered for (i) the European Master Equity Derivatives Confirmation Agreement of 2007 (“European Master Equity Derivatives Confirmation Agreement”) and (ii) the Revis 2007 European Variance Swap Master Confirmation Agreement (“European Variance Swap Master Confirmation Agreement 2007”) and with the European Master Equity Derivatives Confirmation Agreement of 2007, the “European MCAs”). The parties are free to use this form of amending language to bilaterally modify their European ACM. The 2007 European Master Equity Confirmation Agreement documents options transactions relating to a European index or a European stock (including the multiple index annex and the Share Option Annex) as well as cash share share swewings.