This amended version of the 2007 European Variance Confirmation Agreement amends the SVS schedule for the application of Related Exchange/Exchange when setting a trading day for stock exchange swaps. Related Exchange is no longer taken into account in determining a trading day for a stock exchange swet. The 2007 European Swap Portfolio Confirmation Agreement is intended to document equity and index trading for secure transactions. Covered transactions are defined in the agreement as a spread-sharing swap transaction with a stock exchange in a given country and on a share (excluding American Depository Receipts and Global Depository Receipts) issued by an issuer other than a similar fund or collective investment system; or an index deviation swap transaction with an associated exchange in a given country. The countries listed are defined as Austria, Belgium, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland or the United Kingdom. The 2007 European Master equity Confirmation Agreement documents options transactions on a European index or European stock (including the Multiple Exchange Index annex and the Index/Share appendix). This form of amendment removes Iceland from the definition of covered legal systems for (i) the European Master Equity Derivatives Confirmation Agreement and (ii) the 2007 European Variance Swap Master Confirmation Agreement (revised 2007 European Variance Swap Swap Master Master Agreement) and the 2007 European Master Equity Derivatives Confirmation Agreement, the European MCA). Contracting parties are free to use this form of language of amendment to bilaterally amend their European WABs. . (Note: The Annex of the Multiple Exchange Index aims to eliminate the need to use Appendix H in the 2002 Isda equity derivatives (Definition of EuroStoxx Confirmation Definitions) manual.