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ADRs can be awarded under the Put Agreement within the denominations out of one entire level of ADSs. The new ADRs will likely be dramatically from the mode set forth within the Exhibit A to the Deposit Arrangement, which have one suitable insertions, changes and you may omissions, within the per case since the if not considered regarding the Deposit Contract or required by law. ADRs will be (i) old, (ii) signed by tips guide or facsimile signature from a duly authorized signatory of the Depositary, (iii) countersigned because of the guidelines otherwise facsimile trademark out of a properly signed up signatory of the Registrar, and (iv) inserted on the guides maintained by Registrar to the registration from issuances and you will transfers out of ADSs. No ADR without Certificated Ads confirmed and therefore might be entitled to virtually any benefits underneath the Deposit Agreement or even be valid otherwise enforceable for purpose against the Depositary or perhaps the Business, until for example ADR should were thus old, signed, countersigned and inserted. ADRs results the newest facsimile trademark of a duly-registered signatory of your Depositary and/or Registrar, which in the course of trademark is a duly-signed up signatory of your own Depositary or even the Registrar, as the instance may be, will bind the fresh Depositary, in spite of the truth that such as signatory provides ceased to be so authorized before the delivery of these ADR from the Depositary. The brand new ADRs should sustain an excellent CUSIP matter that’s different from people CUSIP matter that has been, is actually or may be assigned to people depositary receipts before otherwise subsequently granted pursuant to the most other plan amongst the Depositary (and other depositary) and also the Team and you will that are not ADRs a great hereunder.

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