Depositary Fees. The Company, the Holders, the Beneficial Owners and the persons depositing Shares or surrendering ADSs for cancellation agree to pay the following fees of the Depositary: (1) Issuance of ADSs upon deposit of Shares (excluding issuances contemplated by paragraph (4) below). Up to $5.00 per 100 ADSs (or fraction thereof) issued. Person for whom deposits are made or party receiving ADSs. (2) Delivery of Deposited Securities, property and cash against surrender of ADSs. Up to $5.00 per 100 ADSs (or fraction thereof) surrendered. Person surrendering ADSs or making withdrawal. (3) Distribution of cash dividends or other cash distributions (i.e., sale of rights and other entitlements). Up to $2.00 per 100 ADSs (or fraction thereof) held. Person to whom distribution is made. (4) Distribution ADSs pursuant to (i) stock dividends or other free distributions, or (ii) exercise of rights. Up to $2.00 per 100 ADSs (or fraction thereof) issued. Person to whom distribution is made.
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Samples: Deposit Agreement (Sify Technologies LTD), Deposit Agreement (Citibank,N.A./ADR)
Depositary Fees. The Company, the Holders, the Beneficial Owners and the persons depositing Shares or surrendering ADSs for cancellation agree to pay the following fees of the Depositary:
(1) Issuance of ADSs upon deposit of Shares (excluding issuances contemplated by as a result of distributions described in paragraph (45) below). ) Up to $5.00 per 100 ADSs (or fraction thereof) issued. issued Person for whom deposits are made or party person receiving ADSs.
(2) Delivery of Deposited Securities, property and cash against surrender of ADSs. ADSs Up to $5.00 per 100 ADSs (or fraction thereof) surrendered. surrendered Person surrendering ADSs or making withdrawal.
(3) Distribution of cash dividends or other No Fee.
(4) Distribution of cash distributions proceeds (i.e., upon sale of rights and other entitlements). ) Up to $2.00 per 100 ADSs (or fraction thereof) held. held Person to whom distribution is made.
(45) Distribution of ADSs pursuant to (i) stock dividends (or other free distributions, or (ii) exercise distributions of rightsstock). Up to $2.00 5.00 per 100 ADSs (or fraction thereof) issued. Person to whom distribution is made.
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Samples: Deposit Agreement (Telia Ab)
Depositary Fees. The Company, the Holders, the Beneficial Owners and the persons depositing Shares or surrendering ADSs for cancellation agree to pay the following fees of the Depositary:
(1) Issuance of ADSs upon deposit of Shares (excluding issuances contemplated by paragraph (4) below). Up to $5.00 per 100 ADSs (or fraction thereof) issued. Person for whom deposits are made or party receiving ADSs.
(2) Delivery of Deposited Securities, property and cash against surrender of ADSs. Up to $5.00 per 100 ADSs (or fraction thereof) surrendered. Person surrendering ADSs or making withdrawal.
(3) Distribution of cash dividends or other cash distributions (i.e., sale of rights and other entitlements). Up to $2.00 per 100 ADSs (or fraction thereof) held. Person to whom distribution is made.
(4) Distribution ADSs pursuant to (i) stock dividends dividends, stock splits or other free stock distributions, or (ii) exercise of rights. Up to $2.00 5.00 per 100 ADSs (or fraction thereof) issued. Person to whom distribution is made.
(5) Transfer of ADRs $1.50 per certificate presented Person presenting certificate for transfer.
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