Common use of SHARE TRUSTEESHIP Clause in Contracts

SHARE TRUSTEESHIP. 2.1 HOLDINGS (A) Pursuant to a declaration of trust dated 11th February, 1999, a letter dated 9th June, 2000 from Piers Minoprio to (and countersigned by) Mxxxxx XxXxxxxxx and SPV Management Limited and a share transfer dated 9th June, 2000 transferring one share in Holdings from SPV and Piers Minoprio to SPV and Mxxxxx XxXxxxxxx (together, the "FIRST DECLARATION OF TRUST"), SPV and Mxxxxx XxXxxxxxx jointly hold one share in the share capital of Holdings on a fixed trust for SPV in its own right. (B) Pursuant to a declaration of trust dated 17th February, 1999 (the "SECOND DECLARATION OF TRUST") SPV holds the entire beneficial interest in the issued share capital of Holdings on a discretionary trust for the Discretionary Objects (as defined in the Second Declaration of Trust).

SHARE TRUSTEESHIP. 2.1 HOLDINGS (A) Pursuant to a declaration of trust dated 11th February, 1999, a letter dated 9th June, 2000 from Piers Minoprio to (and countersigned by) Mxxxxx XxXxxxxxx Martin McDermott and SPV Management Limited and a share transfer dated shaxx xxxxxxxx xxxxd 9th June, 2000 transferring one share in Holdings from SPV and Piers Minoprio to SPV and Mxxxxx XxXxxxxxx Martin McDermott (together, the "FIRST DECLARATION OF TRUSTXXXXX"), SPV and Mxxxxx XxXxxxxxx XXX xxd Martin McDermott jointly hold one share in the share capital of Holdings xxxxxxx xx Xxxxxxxx on a fixed trust for SPV in its own right. (B) Pursuant to a declaration of trust dated 17th February, 1999 (the "SECOND DECLARATION OF TRUST") SPV holds the entire beneficial interest in the issued share capital of Holdings on a discretionary trust for the Discretionary Objects (as defined in the Second Declaration of Trust).

SHARE TRUSTEESHIP. 2.1 HOLDINGS (A) Pursuant to a declaration of trust dated 11th February, 1999, a letter dated 9th June, 2000 from Piers Minoprio to (and countersigned by) Mxxxxx XxXxxxxxx Martin McDermott and SPV Management Limited and a share transfer dated shxxx xxxxxxxx xxxed 9th June, 2000 transferring one share in Holdings from SPV and Piers Minoprio to SPV and Mxxxxx XxXxxxxxx Martin McDermott (together, the "FIRST DECLARATION OF TRUSTOX XXXXX"), SPV and Mxxxxx XxXxxxxxx XXX xnd Martin McDermott jointly hold one share in the share capital of Holdings xxxxxxx xx Xxxxxxxx on a fixed trust for SPV in its own right. (B) Pursuant to a declaration of trust dated 17th February, 1999 (the "SECOND DECLARATION OF TRUST") SPV holds the entire beneficial interest in the issued share capital of Holdings on a discretionary trust for the Discretionary Objects (as defined in the Second Declaration of Trust).

SHARE TRUSTEESHIP. 2.1 HOLDINGS (A) Pursuant to a declaration of trust dated 11th February, 1999, a letter dated 9th June, 2000 from Piers Minoprio to (and countersigned by) Mxxxxx XxXxxxxxx Martin McDermott and SPV Management Limited and a share transfer dated sharx xxxxxxxx xxxxx 9th June, 2000 transferring one share in Holdings from SPV and Piers Minoprio to SPV and Mxxxxx XxXxxxxxx Martin McDermott (together, the "FIRST DECLARATION OF TRUSTXXXXX"), SPV and Mxxxxx XxXxxxxxx XXX xxx Martin McDermott jointly hold one share in the share capital of Holdings on cxxxxxx xx Xxxxxxxx xx a fixed trust for SPV in its own right. (B) Pursuant to a declaration of trust dated 17th February, 1999 (the "SECOND DECLARATION OF TRUST") SPV holds the entire beneficial interest in the issued share capital of Holdings on a discretionary trust for the Discretionary Objects (as defined in the Second Declaration of Trust).