Common use of Transfer of Receipts; Combination and Split-up of Receipts Clause in Contracts

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any Receipt, shall register transfers of Receipts on its transfer books, upon any surrender of a Receipt by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer and duly stamped as may be required by the laws of the State of New York, the United States of America and The Republic of France. Thereupon the Depositary shall as promptly as practicable execute a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by such Receipt be denominated in registered form, the Depositary shall notify the Custodian of such surrender. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts as promptly as practicable for any authorized number of American Depositary Shares requested, representing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered. The Depositary shall ensure that it has on hand at all times a sufficient supply of Receipts to meet the demands for transfer.

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any ReceiptAgreement, shall register transfers in the Receipt register from time to time of Receipts on Receipts, upon receipt at any of its designated transfer books, offices of proper instruments of transfer or upon any surrender of a Receipt Receipt, by the Holder thereof Owner in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer transfer, and duly stamped as may be required by the laws of the State of New York, York and of the United States of America and The Republic of FranceAmerica. Thereupon the Depositary shall as promptly as practicable execute and deliver a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by thereto as such Receipt be denominated in registered form, the Depositary shall notify the Custodian of such surrenderperson may request. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts shall, for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts as promptly as practicable for any authorized number of American Depositary Shares requested, representing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrenderedreplaced. The At the request of an Owner, the Depositary shall ensure that it has on hand at all times shall, for the purpose of substituting a sufficient supply certificated Receipt with a Direct Registration Receipt, or vice versa, execute and deliver a certificated Receipt or a Direct Registration Receipt, as the case may be, for any authorized number of Receipts to meet American Depositary Shares requested, evidencing the demands for transfersame aggregate number of American Depositary Shares as those evidenced by the certificated Receipt or Direct Registration Receipt, as the case may be, substituted.

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any Receipt, shall register transfers of Receipts any such Receipt on its transfer books, upon any surrender of a such Receipt by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer (including signature guarantees in accordance with standard industry practice) and duly stamped as may be required by the laws of the State of New York, the United States of America and The Republic of Franceapplicable law. Thereupon the Depositary shall as promptly as practicable execute a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by such Receipt be denominated in registered form, the Depositary shall notify the Custodian of such surrender. The Depositary, subject to the terms and conditions of this Deposit AgreementAgreement and any Receipt, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, Receipts execute and deliver a new Receipt or Receipts as promptly as practicable for any authorized number of American Depositary Shares requested, representing evidencing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered. The Depositary shall ensure that may close the register at any time or from time to time, when deemed expedient by it has on hand in connection with the performance of its duties hereunder or at all times a sufficient supply the request of Receipts the Company, subject in each case to meet the demands for transferterms and conditions of Section 7.08 hereof.

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any Receipt, shall register transfers of Receipts on its transfer books, upon any surrender of a Receipt by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer and duly stamped as may be required by the laws of the State of New York, the United States of America and The the Republic of France. Thereupon the Depositary shall as promptly as practicable execute a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by such Receipt be denominated in registered form, the Depositary shall notify the Custodian of the details of such surrender. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts as promptly as practicable for any authorized number of American Depositary Depository Shares requested, representing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered. The Depositary shall ensure that it has on hand at all times a sufficient supply of Receipts to meet the demands for transfer.

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any ReceiptAgreement, shall register transfers of Receipts on its transfer books, books from time to time of Receipts upon any surrender at any of its designated transfer offices of a Receipt by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by and, in the case of DRS/Profile Receipts, upon presentation of, proper instruments of transfer transfer, and duly stamped as may be required by the laws of the State of New York, the United States of America and The Republic of Franceapplicable law. Thereupon the Depositary shall as promptly as practicable execute a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by such Receipt be denominated in registered form, the Depositary shall notify the Custodian of such surrender. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender at any of its designated transfer offices of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver a new Receipt or Receipts as promptly as practicable for any authorized number of American Depositary Shares requested, representing evidencing the same aggregate number of American Depositary Shares as those evidenced by the Receipt or Receipts surrendered. The At the request of a Holder, the Depositary shall ensure that it has on hand at all times shall, for the purpose of substituting a sufficient supply certificated Receipt with a Receipt issued through DRS/Profile, or vice versa, execute and deliver a certificated Receipt or DRS/Profile statement, as the case may be, for any authorized number of Receipts to meet American Depositary Shares requested, evidencing the demands for transfersame aggregate number of American Depositary Shares as those evidenced by the certificated Receipt or DRS/Profile statement, as the case may be, substituted.

Transfer of Receipts; Combination and Split-up of Receipts. The Depositary, subject to the terms and conditions of this Deposit Agreement and any ReceiptAgreement, shall register transfers of Receipts on its transfer booksbooks from time to time of Receipts, upon any surrender of a Receipt Receipt, by the Holder thereof in person or by duly authorized attorney, properly endorsed or accompanied by proper instruments of transfer transfer, and duly stamped as may be required by the laws of the State of New York, York and of the United States of America and The Republic of FranceAmerica. Thereupon the Depositary shall as promptly as practicable execute a new Receipt or Receipts and deliver the same to or upon the order of the person entitled thereto. In the case of surrender of a Receipt by a Holder that has previously requested that a number of Shares represented by the American Depositary Shares evidenced by such Receipt be denominated in registered form, the Depositary shall notify the Custodian of such surrender. The Depositary, subject to the terms and conditions of this Deposit Agreement, shall upon surrender of a Receipt or Receipts for the purpose of effecting a split-up or combination of such Receipt or Receipts, execute and deliver issue a new Receipt or Receipts as promptly as practicable through the Direct Registration System, or, if specifically requested, in certificated form, for any authorized number of American Depositary Shares requested, representing the same aggregate number of American Depositary Shares as the Receipt or Receipts surrendered. The Depositary shall ensure that may close the transfer books at any time or from time to time, when deemed expedient by it has on hand at all times in its reasonable judgment in connection with the performance of its duties hereunder. At the request of a sufficient supply Holder, the Depositary shall, for the purpose of Receipts to meet substituting a certificated Receipt with a Direct Registration Receipt, or vice versa, execute and deliver a certificated Receipt or issue a Direct Registration Receipt, as the demands case may be, for transferany authorized number of American Depositary Shares requested, evidencing the same aggregate number of American Depositary Shares as those evidenced by the certificated Receipt or Direct Registration Receipt, as the case may be, substituted.