Common use of SECURITIES TRADES BY BIOLINERX LTD Clause in Contracts

SECURITIES TRADES BY BIOLINERX LTD. PERSONNEL BioLineRx Ltd. (the “Company”) has adopted the following Policy regarding trading by Company personnel in the Company’s securities. The Policy applies to all Company personnel, including directors, officers, employees and consultants of the Company and its subsidiaries. The Need for a Policy This Policy has been developed: · to educate all Company personnel; · to set forth guidelines for courses of action; · to protect the Company and all of its personnel against legal liability; and · to preserve the reputation of the Company and its personnel for integrity and ethical conduct. Since the Company is a public company with its ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Shares on the Nasdaq Capital Market, transactions in the Company’s securities are subject to both Israeli and United States federal securities laws and regulations. These laws and regulations make it illegal for an individual to buy or sell securities of the Company while aware of “inside information.” The U.S. Securities and Exchange Commission (SEC) and the Israel Securities Authority (ISA) take xxxxxxx xxxxxxx very seriously and devote significant resources to uncovering the activity and to prosecuting offenders. Liability may extend not only to the individuals who trade on “inside information,” but also to their “tippers,” people who leak the inside information to the individuals who trade. The Company and “controlling persons” of the Company may also be liable for violations by Company employees. In addition to responding to the statutes and regulations, we are adopting this Policy to avoid even the appearance of improper conduct on the part of anyone employed by or associated with the Company (not just “insiders”).

Appears in 4 contracts

Samples: Employment Agreement (BioLineRx Ltd.), Employment Agreement (BioLineRx Ltd.), Employment Agreement (BioLineRx Ltd.)

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SECURITIES TRADES BY BIOLINERX LTD. PERSONNEL BioLineRx Ltd. (the “Company”) has adopted the following Policy regarding trading by Company personnel in the Company’s securities. The Policy applies to all Company personnel, including directors, officers, employees and consultants of the Company and its subsidiaries. The Need for a Policy This Policy has been developed: · to educate all Company personnel; · to set forth guidelines for courses of action; · to protect the Company and all of its personnel against legal liability; and · to preserve the reputation of the Company and its personnel for integrity and ethical conduct. Since the Company is a public company with its ordinary shares traded on the Tel Aviv Stock Exchange and its American Depositary Shares on the Nasdaq Capital Market, transactions in the Company’s securities are subject to both Israeli and United States federal securities laws and regulations. These laws and regulations make it illegal for an individual to buy or sell securities of the Company while aware of “inside information.” The U.S. Securities and Exchange Commission (SEC) and the Israel Securities Authority (ISA) take xxxxxxx ixxxxxx xxxxxxx very seriously and devote significant resources to uncovering the activity and to prosecuting offenders. Liability may extend not only to the individuals who trade on “inside information,” but also to their “tippers,” people who leak the inside information to the individuals who trade. The Company and “controlling persons” of the Company may also be liable for violations by Company employees. In addition to responding to the statutes and regulations, we are adopting this Policy to avoid even the appearance of improper conduct on the part of anyone employed by or associated with the Company (not just “insiders”).

Appears in 1 contract

Samples: Employment Agreement (BioLineRx Ltd.)

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