Common use of Issue and Subscription Clause in Contracts

Issue and Subscription. Subject to the Terms and Conditions and effective as of April 8, 2003 (the "Effective Date"), the Company hereby issues and the Subscriber hereby subscribes to a second tranch of the Series A Preference Shares, being 3,200,000 (three million two hundred thousand) of the Company's Series A preference shares of a par value of Euro 2.25 per share at the issue price and with a liquidation preference per share of U.S. $ 250.00, allocated to and subscribed to by each such Subscriber in the manner set forth in Annex B hereto.

Issue and Subscription. Subject to the Terms and Conditions and effective as of April 87, 2003 (the "Effective Date"), the Company hereby issues and the Subscriber hereby subscribes to a second first tranch of the Series A Preference Shares, being 3,200,000 4,800,000 (three four million two eight hundred thousand) of the Company's Series A preference shares of a par value of Euro 2.25 per share at the issue price and with a liquidation preference per share of U.S. $ 250.00, allocated to and subscribed to by each such Subscriber in the manner set forth in Annex B hereto.