DEPOSIT AGREEMENTDeposit Agreement • February 7th, 2017 • Citibank,N.A./ADR • Air transportation, scheduled • New York
DEPOSIT AGREEMENT, dated as of ___________, 20__, by and among (i) Azul S.A., a sociedade por ações organized under the laws of the Federative Republic of Brazil, and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized under the laws of the United States of America acting in its capacity as depositary, and any successor depositary hereunder (the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).
