Common use of Delivery of Information to the CVM, the Central Bank and BM&F BOVESPA Clause in Contracts

Delivery of Information to the CVM, the Central Bank and BM&F BOVESPA. The Depositary, the Custodian and the Company shall comply with Brazil’s Monetary Council Resolution No. 1,927, dated as of May 18, 1992, in its third article, paragraph three, of the Regulation Annex V, and agree to furnish to the CVM, the Central Bank and the BM&F BOVESPA, whenever required, information or documents related to the approved ADR program, the Deposited Securities and distributions thereon. The Depositary and the Custodian are hereby authorized to release such information or documents and any other information as required by local regulation, law or regulatory body request. In the event that the Depositary or the Custodian shall be advised in writing by reputable independent Brazilian counsel that the Depositary or the Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 60 days’ prior written notice to the Holders and the Company. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.

Delivery of Information to the CVM, the Central Bank and BM&F BOVESPA. The Depositary, the Custodian and the Company shall comply with Brazil’s Monetary Council Resolution No. 1,927, dated as of May 18, 1992, in its third article, paragraph three, of the Regulation Annex V, and agree to furnish to the CVM, the Central Bank and the BM&F BOVESPA, whenever required, information or documents related to the approved ADR program, the Deposited Securities and distributions thereon. The Depositary and the Custodian are hereby authorized to release such information or documents and any other information as required by local regulation, law or regulatory body request. In the event that the Depositary or the Custodian shall be advised in writing by reputable independent Brazilian counsel that the Depositary or the Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 60 30 days’ prior written notice to the Holders and the Company. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.

Delivery of Information to the CVM, the Central Bank and BM&F BOVESPA. The Depositary, the Custodian and the Company shall comply with Brazil’s Monetary Council Resolution No. 1,9271,289, dated as of May 18March 20, 19921987, in its third article, paragraph three, of the Regulation Annex Vas amended, and agree to furnish to the CVM, the Central Bank and the BM&F BOVESPA, whenever required, information or documents related to the approved ADR program, the Deposited Securities and distributions thereon. The Depositary and the Custodian are hereby authorized to release such information or documents and any other information as required by applicable local regulationlaw, law rule or regulatory body requestregulation or request of any governmental authority. In the event that the Depositary or the Custodian shall be advised in writing by reputable independent Brazilian counsel that the Depositary or the Custodian reasonably could be subject to criminal, or material, as reasonably determined by the Depositary, civil liabilities as a result of the Company having failed to provide such information or documents reasonably available only through the Company, the Depositary shall have the right to terminate this Deposit Agreement, upon at least 60 30 days’ prior written notice to the Holders and the Company. The effect of any such termination of this Deposit Agreement shall be as provided in Section 6.2.