Rights issuance. Where the Client receives shares or other types of securities from an issuer of a China Connect Security as entitlements, the Client should note that the Client may not be able to buy or sell such entitlement security through the Stock Connect in certain circumstances (for example, if such entitlement security is listed on a China Connect Market but is not traded in RMB or if such entitlement security is not listed on a China Connect Market).
Rights issuance. Industrier acknowledges that Alpharma --------------- intends to distribute to the holders of its outstanding Class A Stock certain transferable Rights entitling such holders to purchase shares of Class A Stock at $16.34 per share on or before November 30, 1997. Each such holder will receive the right to purchase approximately .16 share of Class A Stock for each share of Class A Stock held by such holder on the record date for such distribution. The Rights and the Class A Stock issuable on exercise thereof are required to be registered under the Securities Act of 1933 and may be listed for trading on the New York Stock Exchange or traded over the counter. Alpharma intends to take such actions as are appropriate to effect such registration, listing or trading and may make such changes in the terms of the Rights as the Board of Directors determines are appropriate to effect such registration, listing or trading, comply with applicable law and otherwise carry out the intent and purpose of such Rights distribution. Industrier agrees to the issuance of such Rights and hereby waives any right to receive Rights or any similar right to purchase Common Stock of the Company which it may have under Alpharma's Certificate of Incorporation as a result of the Rights distribution provided for herein."
Rights issuance. Industrier acknowledges that Alpharma intends to --------------- distribute to the holders of its outstanding Class A Stock on or about April 15, 1997 certain transferable Rights entitling such holders to purchase shares of Class A Stock at $16.34 per share on or before November 30, 1997. Each holder will receive the right to purchase approximately .16 share of Class A Stock for each share of Class A Stock held by such holder on the record date for such distribution. The Rights and the Class A Stock issuable on exercise thereof are required to be registered under the Securities Act of 1933 and are intended to be listed for trading on the New York Stock Exchange. Alpharma intends to take such actions as are appropriate to effect such registration and listing and may make such changes in the terms of the Rights as the Board of Directors determines are appropriate to effect such registration and listing, comply with applicable law and otherwise carry out the intent and purpose of such Rights distribution. Industrier agrees to the issuance of such Rights and hereby waives any right to receive Rights or any similar right to purchase Common Stock of the Company which it may have under Alpharma's Certificate of Incorporation as a result of the Rights distribution provided for herein.
Rights issuance. Canadian Superior agrees that it shall cooperate fully with CNE in all matters relating to the Rights Issuance and that it will take such steps as are required to give effect to it in as timely a manner as possible.
