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Exercisable during or after the period .

於期内或之后可行使之年度。

The put options are exercisable only at maturity , thus a catastrophic event in the interim would not force a payoff , and berkshire never has to post collateral .

这些卖出期权只有当合约到期时才能行权，因此到期之前发生的灾难性事件不会导致恶果，而伯克希尔公司永远不需要提供保证金。

Any outstanding portion of the first exercisable option will lapse after 24th june .

首批可行使购股权之任何尚未行使部份将於二零零七年六月二十四日后。

Exercised shares in respect of the remaining 50 % of the second exercisable option cannot be transferred until after 24th march .

余下50%第二批可行使购股权之已行使股份直至二零零八年三月二十四日后方可转让;。

Any retroactive modulation may be not made to any share-based payment made for any exercisable right before the date of initial implementation .

首次执行日之前可行权的股份支付，不应追溯调整。