| Dry Day Certificate (Daily Index) | Payout when there are above average Dry Days during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for each Dry Day after [Strike] of such days up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. A Dry Day is defined as a day on which the daily rainfall measured by the independent national meteorological station falls short [Threshold] mm. |
| Dry Season Certificate (Cumulative Index in mm) | Payout when there is below average rainfall (mm) during the period. | Under this Certificate, the Client will receive a fixed amount of [Payout] for every mm that the cumulative rainfall is below [Strike] mm up to a maximum of [Maximum Payout] during the period from [Start Date] until [End Date]. The cumulative daily rainfall is defined as the rainfall measured by the independent national meteorological station. |