Uncertificated ADS(s) definition

Uncertificated ADS(s) shall have the meaning set forth in Section 2.13.

Uncertificated ADS(s) shall have the meaning set forth in Section 2.13." (f) deleting the first sentence of Section 2.2(a) thereof in its entirety and inserting the following in its stead: "Certificated ADSs shall be evidenced by definitive Receipts which shall be engraved, printed, lithographed or produced in such other manner as may be agreed upon by the Company and the Depositary." (g) deleting the first sentence of Section 2.2(c) thereof in its entirety and inserting the following in its stead: "Subject to the limitations contained herein and in the Receipt, title to a Receipt (and to each Certificated ADS evidenced thereby) shall be transferable upon the same terms as a certificated security under the laws of the State of New York, provided that, in the case of Certificated ADSs, such Receipt has been properly endorsed or is accompanied by properly executed instruments of transfer." (h) deleting the second sentence of Section 2.2(d) thereof in its entirety and inserting the following in its stead: "Unless issued by the Depositary as Uncertificated ADSs, a single ADR in the form of a "Balance Certificate" will evidence the ADSs held through DTC and will be registered in the name of the nominee for DTC (currently "Cede & Co.") and will provide that it represents the aggregate amount of ADSs from time to time indicated in the records of the Depositary as being issued hereunder and that the aggregate amount of ADSs represented thereby may from time to time be increased or decreased by making adjustments on such records of the Depositary and of DTC or its nominee as hereinafter provided." (i) adding the following new Section 2.13:

Uncertificated ADS(s) means set forth in Section 2.11.

Examples of Uncertificated ADS(s) in a sentence

• When issuing and maintaining Uncertificated ADS(s) under the Deposit Agreement, the Depositary shall at all times be subject to (i) the standards applicable to registrars and transfer agents maintaining direct registration systems for equity securities in New York and issuing uncertificated securities under New York law, and (ii) the terms of New York law applicable to uncertificated equity securities.

• Each Beneficial Owner of ADSs held through DTC must rely on the procedures of DTC and the DTC Participants to exercise and be entitled to any rights attributable to such ADSs. The Depositary may issue Uncertificated ADSs subject, however, to the terms and conditions of Section 2.13 of the Deposit Agreement.

• Uncertificated ADSs shall not be represented by any instruments but shall be evidenced by registration in the books of the Depositary maintained for such purpose.

• Any references in the Deposit Agreement or any ADR(s) to the terms “American Depositary Share(s)” or “ADS(s)” shall, unless the context otherwise requires, include Certificated ADS(s) and Uncertificated ADS(s).

• Except as set forth in this Section 2.13 and except as required by applicable law, the Uncertificated ADSs shall be treated as ADSs issued and outstanding under the terms of the Deposit Agreement.

More Definitions of Uncertificated ADS(s)

Uncertificated ADS(s) and “Uncertificated Restricted ADS(s): shall have the meanings set forth in Section 2.13 and Section 2.14, respectively.

Uncertificated ADS(s) shall have the meaning set forth in Section 2.10 of this Deposit Agreement.

Uncertificated ADS(s) shall have the meaning given to such term in Section 2.12. "United States" and "U.S." shall have the meaning given to such terms in Regulation S as promulgated by the Commission under the Securities Act.

Uncertificated ADS(s) shall have the meaning set forth in Sxxxxxx 0.00.

Uncertificated ADS(s). 6 Section 1.37 “United States” and “U.S.” 6

Uncertificated ADS(s) shall have the meaning given to such term in Section 2.10.

Uncertificated ADS(s) shall have the meaning set forth in Section 2.13. Section 1.36 "Uncertificated Restricted ADSs" shall have the meaning set forth in Section 2.14. Section 1.37 "United States" and "U.S." shall have the meaning assigned to it in Regulation S as promulgated by the Commission under the Securities Act. Section 1.38 "VPS" shall mean the Norwegian Central Securities Depositary (Nw. Verdipapirsentralen or VPS), which is a computerized securities registry system in which the ownership of, and all transaction related to Norwegian publicly traded securities are recorded.