Rights terminated
15 (1) Any contractual or other right of a person to receive compensation or any other payment relating to the termination of his or her term of office as a director of Hydro One Inc. or any of its subsidiaries shall be deemed to have expired on June 4, 2002.  2002, c. 3, s. 15 (1). Same, designated officers who are directors (2) Despite subsection (1), any contractual or other right of a person to receive compensation or any other payment relating to the termination of the term of office of a designated officer as a director of Hydro One Inc. or any of its subsidiaries shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (2). Same, designated officers as officers (3) Any contractual or other right of a person to receive compensation or any other payment relating to the termination of a designated officer’s office as officer shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (3). Same, designated officers as employees (4) Any contractual or other right of a person to receive compensation or any other payment relating to the termination of the employment of a designated officer shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (4). Same, letter of credit (5) Any obligation or requirement under a letter of credit or other financial instrument to make any payment to or on behalf of a director of Hydro One Inc. or any of its subsidiaries whose term of office is terminated under this Act relating to the termination of his or her term of office shall be deemed to have expired on June 4, 2002.  2002, c. 3, s. 15 (5). Same, designated officers who are directors (6) Despite subsection (5), any obligation or requirement under a letter of credit or other financial instrument to make any payment to or on behalf of a designated officer relating to the termination of his or her term of office as a director of Hydro One Inc. or any of its subsidiaries shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (6). Same, designated officers as officers (7) Any obligation or requirement under a letter of credit or other financial instrument to make any payment to or on behalf of a designated officer relating to the termination of his or her office as officer shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (7). Same, designated officers as employees (8) Any obligation or requirement under a letter of credit or other financial instrument to make any payment to or on behalf of a designated officer relating to the termination of his or her employment shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (8). Same (9) Any obligation or requirement under a letter of credit or other financial instrument to make any payment to or on behalf of a designated officer relating to a pension or retirement income, other than pension and retirement income authorized by section 12, shall be deemed to have expired on January 1, 1999.  2002, c. 3, s. 15 (9). Claims, etc., nullified (10) No person has any claim, demand or cause of action for compensation or any other payment relating to the termination of the term of office of a director of Hydro One Inc. or any of its subsidiaries.  2002, c. 3, s. 15 (10). Same (11) No person has any claim, demand or cause of action for compensation or any other payment relating to the termination of employment of a designated officer or the termination of his or her office as an officer.  2002, c. 3, s. 15 (11).