Common use of Additional Prohibited Transactions Clause in Contracts

Additional Prohibited Transactions. Since we believe it is generally improper and inappropriate for Company personnel to engage in short-term or speculative transactions involving the Company’s securities, it is our policy that such personnel should not engage in any of the following activities with respect to the Company’s securities: · Trading in the Company’s securities on a short-term basis. Any ordinary shares of the Company purchased in the open market should be held for a minimum of 60 days. · Short sales of the Company’s securities. · Use of the Company’s securities to secure a margin or other loan, except in limited cases with the prior approval of the Policy Administrator. · Transactions in straddles, collars, or other similar risk reduction devices, except in limited cases with the prior approval of the Policy Administrator. · Transactions in publicly-traded options relating to the Company’s securities (i.e., options that are not granted by the Company), except in limited cases with the prior approval of the Policy Administrator.