Common use of Securities Law Information and Deemed Acceptance of Units Clause in Contracts

Securities Law Information and Deemed Acceptance of Units. Neither the Units nor the underlying Shares shall be publicly offered or listed on any stock exchange in South Africa. The offer is intended to be private pursuant to Section 96(1)(g)(ii) of the Companies Act, 71 of 2008 (the “Companies Act”) and is not subject to the supervision of any South African governmental authority. Pursuant to Section 96(1)(g)(ii) of the Companies Act, the Units offer must be finalized within six (6) months following the date the offer is communicated to you. If you do not want to accept the Units, you are required to decline the Units no later than the six (6) months following the date the offer is communicated to you. If you do not reject the Units within six (6) months following the date the offer is communicated to you, you will be deemed to accept the Units. SPAIN

Appears in 7 contracts

Samples: Abbott Laboratories Performance Restricted Stock Unit Agreement (Abbott Laboratories), Abbott Laboratories Restricted Stock Unit Agreement (Abbott Laboratories), Abbott Laboratories Performance Restricted Stock Unit Agreement (Abbott Laboratories)

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