Common use of Cancellation and Destruction of Surrendered ADRs Clause in Contracts

Cancellation and Destruction of Surrendered ADRs. All ADRs surrendered to the Depositary shall be cancelled by the Depositary. The Depositary is authorized to destroy ADRs so cancelled. Any ADSs held in book-entry form (i.e., through accounts at DTC) shall be deemed canceled when the Depositary causes the number of ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate).

Cancellation and Destruction of Surrendered ADRs. All ADRs surrendered to the Depositary shall be cancelled by the Depositary. Cancelled ADRs shall not be entitled to any benefits under this Deposit Agreement or be valid or obligatory for any purpose. The Depositary is authorized to destroy ADRs so cancelled. Any ADSs held in book-entry form (i.e., through accounts at DTC) shall be deemed canceled cancelled when the Depositary causes the number of Deposited Securities they represent are withdrawn from deposit hereunder and no other ADR evidencing such ADSs evidenced by the Balance Certificate to be reduced by the number of ADSs surrendered (without the need to physically destroy the Balance Certificate)is issued hereunder.