0001019155-17-000223 Sample Contracts

AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES Deposit Agreement DEPOSIT AGREEMENT
Deposit Agreement • July 26th, 2017 • Bank of New York / Adr Division • American depositary receipts • New York

DEPOSIT AGREEMENT dated as of __________________, 2017 among ZEALAND PHARMA A/S, a company incorporated under the laws of the Kingdom of Denmark (herein called the Company), THE BANK OF NEW YORK MELLON, a New York banking corporation (herein called the Depositary), and all Owners and Holders (each as hereinafter defined) from time to time of American Depositary Shares issued hereunder.

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