Cme Group Inc. · NASDAQ:CME
Cme — Investor Presentation (August 2008)
12 slides from Cme's investor presentation, Aug 28, 2008
Slide 1: Highlights of Certain Provisions of the Stipulation of Settlement
Highlights of Certain Provisions of the Stipulation of Settlement CBOT Membership Meeting August 28, 2008
Slide 2: The Settlement Class
The Settlement Class n Non-opt out Settlement Class: ¨ Everyone in the Settlement Class is bound ¨ Settlement Class members do not have the right to pursue separate claims n Settlement Class consists of two groups: ¨ Group A ¨ Group B
Slide 3: Group A Settlement Class
Group A Settlement Class n “All Persons who at any time prior to June 2, 2008 simultaneously beneficially owned or possessed by delegation (i) at least one B-1 Membership, (ii) at least one Exercise Right Privilege, and (iii) at least 27,338 shares of CBOT Common Stock or, after consummation of the
Slide 4: Group B Settlement Class
Group B Settlement Class n “All Persons who own of record at least one Exercise Right Privilege as of 5:00 p.m., Chicago time, on the Eligibility Date [October 6, 2008] and their transferees and assigns.” (¶ 30AA)
Slide 5: Participating Settlement Class Members
Participating Settlement Class Members n Only Participating Settlement Class Members (Group A and Group B) will receive a share of the Settlement Consideration n To be a Participating Class Member, you must satisfy certain conditions and the proper Claim Form (included in the mailed notice) must be
Slide 6: Participating Group A Settlement Class Members
Participating Group A Settlement Class Members n Must own the package of three interests as of 5:00 p.m. (CT) on Oct. 6, 2008 (¶¶ 30N, 30T(7)) n Must continue to own the package until at least 5:00 p.m. (CT) on Dec. 16, 2008 (¶¶ 30DD, 30EE, 30T(7)) n A claim form must be received by Class Counsel by
Slide 7: Participating Group A Settlement Class Members
Participating Group A Settlement Class Members n Will share in an equity pool equal to 18% of the total CBOE common stock issued by CBOE to CBOE Seat Owners and Participating Group A Settlement Class Members, subject to an equity cap (¶¶ 30CC(1), 36A) n Will share in a cash pool of up to $300 millio
Slide 8: Participating Group B Settlement Class Members
Participating Group B Settlement Class Members n Must own at least one Exercise Right Privilege as of 5:00 p.m. (CT) on the Eligibility Date (Oct. 6, 2008)(¶¶ 30N, 30U) n A claim form must be received by Class Counsel by 5:00 p.m. (CT) on Oct. 6, 2008 (¶¶ 30U(1), 30U(2))
Slide 9: Participating Group B Settlement Class Members
Participating Group B Settlement Class Members n Will be paid $250,000 for each individual Exercise Right Privilege (¶¶ 30U, 36C, 36D) n An individual Exercise Right Privilege may be used either as part of a package for Group A Settlement Consideration or Group B Settlement Consideration, BUT NOT FO
Slide 10: Approval of the Stipulation
Approval of the Stipulation n The Stipulation requires Court approval to become effective (¶¶ 32, 33) n The Stipulation also requires approval of a majority vote of a quorum of CBOE voting members to become effective (¶ 48) n If the Settlement is not approved, it becomes null and void, and the parti
Slide 11: Key Dates
Key Dates DAY EVENT Court enters Scheduling Order, preliminarily approves August 22, 2008 Settlement and orders Class Notice to be sent. Class Notice to be sent to all present and former B-1 August 29, 2008 Members and ERP owners and lessees. Eligibility Date: October 6, 2008 (i) PARTICIPATING CLASS
Slide 12: Key Dates (continued)
Key Dates (continued) DAY EVENT Class Counsel to submit for Court approval, the Notice of October 20, 2008 Class Eligibility Hearing which lists Participating Group A and Group B Settlement Class Members, any objections to the status of any persons who filed Claim Forms to become Participating Group