Division 1.1 There will be an Equity Gain Share arrangement consisting of two distinct components:
United Kingdom
- (A)
a mechanic to capture gains from the project above certain levels as a result of the project outperforming relative to the original base case assumptions (the ‘Project Gain Mechanic’); and
- (B)
a mechanic to capture gains above certain levels arising from sales of equity from the original shareholders (the ‘Equity Sale Mechanic’).