OpenLegislation

Division 1.1 There will be an Equity Gain Share arrangement consisting of two distinct components:

United Kingdom

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  1. (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

  2. (B)

    a mechanic to capture gains above certain levels arising from sales of equity from the original shareholders (the ‘Equity Sale Mechanic’).