Conversion at Maturity. (a) Each Note shall automatically convert (unless previously converted at the option of the Holder in accordance with Section 2.4 hereof, or pursuant to an exercise of a Cash Acquisition Conversion right in accordance with Section 2.5 hereof, or pursuant to an Optional Tax Conversion in accordance with Section 2.10, and subject to full or partial cash settlement pursuant to Section 2.9) on the Maturity Date into a number of ADSs at the Conversion Rate set forth in Section 2.3(b).
Appears in 8 contracts
Samples: Second Supplemental Indenture (Vale S.A.), First Supplemental Indenture (Vale S.A.), Second Supplemental Indenture (Vale S.A.)