Common use of Issue of ADRs Clause in Contracts

Issue of ADRs. 2 Section 5. Distributions on Deposited Securities ................... 3 Section 6. Withdrawal of Deposited Securities ...................... 3 Section 7. Substitution of ADRs .................................... 4 Section 8. Cancellation and Destruction of ADRs .................... 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities....................................................3 Section 6. Withdrawal of Deposited Securities ...................... Securities.......................................................3 Section 7. Substitution of ADRs .................................... ....................................................................4 Section 8. Cancellation and Destruction of ADRs .................... ADRs.....................................................4

Issue of ADRs. 2 4 Section 5. Distributions on Deposited Securities ................... 3 Securities............................. 4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities................................ 4 Section 7. Substitution of ADRs .................................... ADRs.............................................. 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs.............................. 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities........................... 3 Section 6. Withdrawal of Deposited Securities ...................... 3 ............................ 4 Section 7. Substitution of ADRs .................................... .......................................... 4 Section 8. Cancellation and Destruction of ADRs .................... .......................... 4

Issue of ADRs. 2 4 Section 5. Distributions on Deposited Securities ................... 3 Securities..................... 4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities........................ 4 Section 7. Substitution of ADRs .................................... 4 ADRs...................................... 5 Section 8. Cancellation and Destruction of ADRs .................... 4ADRs...................... 5 Section 9. The Custodian............................................. 5 Section 10. Co-Registrars and Co-Transfer Agents...................... 5 Section 11. Lists of Holders.......................................... 6 Section 12. Depositary's Agents....................................... 6 Section 13.

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... 3 Securities.........................................................4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities............................................................4 Section 7. Substitution of ADRs .................................... ADRs..........................................................................4 Section 8. Cancellation and Destruction of ADRs .................... ADRs..........................................................4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... 3 Securities......................... 4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities............................ 4 Section 7. Substitution of ADRs .................................... ADRs.......................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs.......................... 4

Issue of ADRs. 2 Section 5. Distributions on Deposited Securities ................... Securities.............................. 3 Section 6. Withdrawal of Deposited Securities ...................... Securities................................. 3 Section 7. Substitution of ADRs .................................... ADRs............................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs............................... 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities................................................ 3 Section 6. Withdrawal of Deposited Securities ...................... Securities................................................... 3 Section 7. Substitution of ADRs .................................... 4 ADRs................................................................. 3 Section 8. Cancellation and Destruction of ADRs .................... ADRs................................................. 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... 3 ....................... 4 Section 6. Withdrawal of Deposited Securities ...................... 3 .......................... 4 Section 7. Substitution of ADRs .................................... ........................................ 4 Section 8. Cancellation and Destruction of ADRs .................... ........................ 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... 3 Securities........................... 4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities.............................. 4 Section 7. Substitution of ADRs .................................... ADRs............................................ 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs............................ 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities......................... 3 Section 6. Withdrawal of Deposited Securities ...................... Securities............................ 3 Section 7. Substitution of ADRs .................................... ADRs.......................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs.......................... 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... ........................................................ 3 Section 6. Withdrawal of Deposited Securities ...................... 3 ........................................................... 4 Section 7. Substitution of ADRs .................................... ......................................................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ......................................................... 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities........................ 3 Section 6. Withdrawal of Deposited Securities ...................... Securities........................... 3 Section 7. Substitution of ADRs .................................... ADRs......................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs......................... 4

Issue of ADRs. 2 Section 5. Distributions on Deposited Securities ................... Securities....................... 3 Section 6. Withdrawal of Deposited Securities ...................... Securities.......................... 3 Section 7. Substitution of ADRs .................................... ADRs........................................ 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs........................ 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... Securities........................... 3 Section 6. Withdrawal of Deposited Securities ...................... Securities.............................. 3 Section 7. Substitution of ADRs .................................... ADRs............................................ 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs............................ 4

Issue of ADRs. 2 3 Section 5. Distributions on Deposited Securities ................... 3 Securities..........................................................4 Section 6. Withdrawal of Deposited Securities ...................... 3 Securities.............................................................4 Section 7. Substitution of ADRs .................................... ADRs.......................................................................... 4 Section 8. Cancellation and Destruction of ADRs .................... ADRs...........................................................4

Issue of ADRs. 2 Section 5. Distributions on Deposited Securities ................... Securities.......................................................3 Section 6. Withdrawal of Deposited Securities ...................... Securities..........................................................3 Section 7. Substitution of ADRs .................................... 4 ADRs........................................................................3 Section 8. Cancellation and Destruction of ADRs .................... 4ADRs........................................................3