Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the Deposit Agreement and the applicable ADRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the Deposit Agreement shall be deemed for all purposes to (a) be a party to and bound by the terms of the Deposit Agreement and the applicable ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.
Appointment of Depositary. FORM OF RECEIPTS; DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS
Appointment of Depositary. The Company hereby appoints the Depositary as exclusive depositary for the Deposited Securities and hereby authorizes and directs the Depositary to act in accordance with the terms set forth in this Deposit Agreement. Each Holder and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms of this Deposit Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of this Deposit Agreement and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in this Deposit Agreement, to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of this Deposit Agreement (the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof).
Appointment of Depositary. The Company hereby appoints the Depositary as depositary for the Deposited Property and hereby authorizes and directs the Depositary to act in accordance with the terms and conditions set forth in the Deposit Agreement and the applicable ADRs. Each Holder and each Beneficial Owner, upon acceptance of any ADSs (or any interest therein) issued in accordance with the terms and conditions of the Deposit Agreement or by continuing to hold, from and after the date hereof any American depositary shares issued and outstanding under the Original Deposit Agreement, shall be deemed for all purposes to (a) be a party to and bound by the terms of the Deposit Agreement and the applicable ADR(s), and (b) appoint the Depositary its attorney-in-fact, with full power to delegate, to act on its behalf and to take any and all actions contemplated in the Deposit Agreement and the applicable ADR(s), to adopt any and all procedures necessary to comply with applicable law and to take such action as the Depositary in its sole discretion may deem necessary or appropriate to carry out the purposes of the Deposit Agreement and the applicable ADR(s), the taking of such actions to be the conclusive determinant of the necessity and appropriateness thereof.
Appointment of Depositary. FORM OF RECEIPTS; DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS.....................5 Section 2.1
Appointment of Depositary. FORM OF RECEIPTS; DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS 6 Section 2.1 Appointment of Depositary. 6 Section 2.2 Form and Transferability of ADSs. 7 Section 2.3 Deposit of Shares. 8 Section 2.4 Registration and Safekeeping of Deposited Securities. 10 Section 2.5 Issuance of ADSs. 10 Section 2.6 Transfer, Combination and Split-up of ADRs. 11 Section 2.7 Surrender of ADSs and Withdrawal of Deposited Securities. 11 Section 2.8 Limitations on Execution and Delivery, Transfer, etc. of ADSs; Suspension of Delivery, Transfer, etc. 13 Section 2.9 Lost ADRs, etc. 14 Section 2.10 Cancellation and Destruction of Surrendered ADRs; Maintenance of Records. 14 Section 2.11 Escheatment. 14 Section 2.12 Partial Entitlement ADSs. 14 Section 2.13 Certificated/Uncertificated ADSs. 15 Section 2.14 Restricted ADSs. 16 ARTICLE III CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL OWNERS OF ADSs 18 Section 3.1 Proofs, Certificates and Other Information. 18 Section 3.2 Liability for Taxes and Other Charges. 18 Section 3.3 Representations and Warranties on Deposit of Shares. 19 Section 3.4 Compliance with Information Requests. 19 Section 3.5 Ownership Restrictions. 19 Section 3.6 Reporting Obligations and Regulatory Approvals. 20 ARTICLE IV THE DEPOSITED SECURITIES 20 Section 4.1 Cash Distributions. 20 Section 4.2 Distribution in Shares. 21 Section 4.3 Elective Distributions in Cash or Shares. 22 Section 4.4 Distribution of Rights to Purchase Additional ADSs. 23 Section 4.5 Distributions Other Than Cash, Shares or Rights to Purchase Shares. 24 Section 4.6 Distributions with Respect to Deposited Securities in Bearer Form. 25 Section 4.7 Redemption. 25 Section 4.8 Conversion of Foreign Currency. 26 Section 4.9 Fixing of ADS Record Date. 27 Section 4.10 Voting of Deposited Securities. 27 Section 4.11 Changes Affecting Deposited Securities. 29 Section 4.12 Available Information. 30 Section 4.13 Reports. 30 Section 4.14 List of Holders. 31 Section 4.15 Taxation. 31 ARTICLE V THE DEPOSITARY, THE CUSTODIAN AND THE COMPANY 32 Section 5.1 Maintenance of Office and Transfer Books by the Registrar. 32 Section 5.2 Exoneration. 32 Section 5.3 Standard of Care. 33 Section 5.4 Resignation and Removal of the Depositary; Appointment of Successor Depositary. 34 Section 5.5 The Custodian. 35 Section 5.6 Notices and Reports. 35 Section 5.7 Issuance of Additional Shares, ADSs etc. 36 Section 5.8 Indemnification. 37 Section 5.9 ADS Fees and Charges. 38 Section 5.10 Pre-...
Appointment of Depositary. The Corporation hereby appoints the Depositary as depositary for the Preferred Stock, and the Depositary hereby accepts such appointment, on the express terms and conditions set forth in this Agreement.
Appointment of Depositary. 6 Section 2.2 Form and Transferability of ADRs..................................................6 Section 2.3 Deposit with Custodian............................................................8 Section 2.4 Registration and Safekeeping of Deposited Securities..............................9 Section 2.5 Issuance of ADSs; Execution and Delivery of ADRs.................................10 Section 2.6 Transfer, Combination and Split-up of ADRs.......................................10 Section 2.7 Surrender of ADSs and Withdrawal of Deposited Securities.........................11 Section 2.8 Limitations on Execution and Delivery, Transfer, etc. of ADRs; Suspension of Delivery, Transfer, etc.......................................................12 Section 2.9 Lost ADRs, etc...................................................................13 Section 2.10 Cancellation and Destruction of Surrendered ADRs; Maintenance of Records.........13 Section 2.11 Partial Entitlement ADSs.........................................................14 Section 2.12 Certificated/Uncertificated ADSs.................................................14 Section 2.13 Restricted ADSs..................................................................16
Appointment of Depositary. FORM OF RECEIPT; DEPOSIT OF SHARES; EXECUTION AND DELIVERY, TRANSFER AND SURRENDER OF RECEIPTS 5 SECTION 2.1 Appointment of Depositary 5 SECTION 2.2 Form and Transferability of Receipts 5 SECTION 2.3 Deposits 6 SECTION 2.4 Execution and Delivery of Receipts 8 SECTION 2.5 Transfer of Receipts; Combination and Split-up of Receipts 8 SECTION 2.6 Surrender of Receipts and Withdrawal of Deposited Securities 9 SECTION 2.7 Limitations on Execution and Delivery, Transfer, etc. of Receipts; Suspension of Delivery, Transfer, etc. 10 SECTION 2.8 Lost Receipts, etc. 11
Appointment of Depositary. 5 Section 2.2 Form and Transferability of ADSs................................6 Section 2.3 Deposit with Custodian..........................................7 Section 2.4 Registration and Safekeeping of Deposited Securities............9 Section 2.5 Issuance of ADSs................................................9 Section 2.6 Transfer, Combination and Split-up of ADRs.....................10 Section 2.7 Surrender of ADSs and Withdrawal of Deposited Securities.......11
