2010-12-16 ACE Limited (NYSE: ACE) 8-K

http://www.sec.gov/Archives/edgar/data/896159/000119312510282567/0001193125-10-2825...
-----BEGIN PRIVACY-ENHANCED MESSAGE----Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JpNLNi7M0rtpLnW9cBEIt3uOanKqHyFbJWZdm168wJbJGQnT3ju8CesDoA386fsM YtL5dD2aZQVTsNYYFvBzKQ== <SEC-DOCUMENT>0001193125-10-282567.txt : 20101216 <SEC-HEADER>0001193125-10-282567.hdr.sgml : 20101216 <ACCEPTANCE-DATETIME>20101216172834 ACCESSION NUMBER: 0001193125-10-282567 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20101216 ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20101216 DATE AS OF CHANGE: 20101216 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL INDEX KEY: STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: STATE OF INCORPORATION: FISCAL YEAR END: FILING VALUES: FORM TYPE: SEC ACT: SEC FILE NUMBER: FILM NUMBER: BUSINESS ADDRESS: STREET 1: CITY: STATE: ZIP: BUSINESS PHONE: MAIL ADDRESS: STREET 1: STREET 2: CITY: STATE: ZIP: FORMER COMPANY: FORMER CONFORMED NAME: DATE OF NAME CHANGE: </SEC-HEADER> <DOCUMENT> <TYPE>8-K <SEQUENCE>1 <FILENAME>d8k.htm <DESCRIPTION>FORM 8-K <TEXT> <HTML><HEAD> <TITLE>Form 8-K</TITLE> </HEAD> <BODY BGCOLOR="WHITE"> 8-K 1934 Act 001-11778 101257724 BARENGASSE 32 ZURICH CH-8001 V8 00000 441 295 5200 ACE BUILDING 17 WOODBOURNE AVENUE HAMILTON HM08 D0 00000 ACE LTD 19930122 ACE Ltd 0000896159 FIRE, MARINE & CASUALTY INSURANCE [6331] 000000000 V8 1231
 UNI SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 <center> </center> <center> </center> Current Report Pursuant To Section 13 or 15 (d) of the Date of Report (Date of earliest event reported) December 16, 2010 </F <center> </center> ACE LIMITED (Exact name of registrant as specified in its charter) <center> </center> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">
<TR> <TD WIDTH="34%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="32%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="32%"></TD></TR> <TR> <TD VALIGN="top" ALIGN="center">Switzerland</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">1-11778</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">98-0091805</TD></TR> <TR> <TD VALIGN="top" ALIGN="center"> (State or other jurisdiction of incorporation)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center"> (Commission File Number)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center"> (I.R.S. Employer Identification No.)</TD></TR></TABLE> B&auml CH-8001 Zurich, Switzerland (Address of principal executive offices) Re number, including area code: +41 (0)43 456 76 00 Not applicable (Former name or former address, if changed since last report) <center> </center> Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obliga any of the following provisions (see General Instruction A.2. below): <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%"> <TR> <TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD> <TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year At the companys 2010 annual general meeting, the companys shareholders approved a dividend in the reduction payable in four quarterly installments. The dividend approval provides for an annual par value reduction of 1.44 Swiss francs (CHF), which was equal to US$1.32 per share, or $0.33 per quarter, at the time of the actual CHF amount for each installment, however, will be adjusted up or down to equal $0.33 near the time of payment, subject to an aggregate cap for the four installments of CHF 2.16, as further described in the company& April 5, 2010. For the third of such installments, in accordance with the shareholder approv amount was fixed at CHF 0.32 based on the published USD/CHF exchange rate of 1.0201 on December 13, 2010. To accomplish such installment, the company adjusted its Articles of Association (a) on December 15, of shares issued out of conditional share capital since September 29, 2010, and (b) on December 16, 2010 to confirm the par value reduction of CHF 0.32. The companys amended and restated Articles of A upon registration in the daily register of the commercial register of the Canton of Zurich, Switzerland on December 16, 2010 and, as a result, the companys par value is CHF 30.57 as of such date. Accordingly, the dividend scheduled for payment on January 11, 2011 will be paid to the companys s close of business on December 16, 2010, as anticipated. A copy of the amended and restated Articles of Association is attached hereto as Exhibit 3 and incorporated herein by reference. 
1 of 26
8/15/11 12:05 PM
 <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> Item 9.01 Financial Statements and Exhibits (d) Exhibits <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" ALIGN="center"> <TR> <TD></TD> <TD VALIGN="bottom" WIDTH="8%"></TD> <TD WIDTH="92%"></TD></TR> <TR> <TD VALIGN="bottom" NOWRAP> Exhibit Number</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" STYLE="border-bottom:1px solid #000000"> Description</TD></TR> <TR> <TD VALIGN="top" NOWRAP>3</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Articles of Association of the company, as amended and restated</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top" NOWRAP>4</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Articles of Association of the company, as amended and restated (Incorporated by reference to Exhibit 3)</TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly aut <DIV ALIGN="right"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">
<TR> <TD WIDTH="6%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD WIDTH="92%"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">ACE LIMITED</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">By:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> /s/ Philip V. Bancroft</TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom">Philip V. Bancroft</TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom">Chief Financial Officer</TD></TR></TABLE></DIV> </BODY></HTML> </TEXT> </DOCUMENT> <DOCUMENT> <TYPE>EX-3 <SEQUENCE>2 <FILENAME>dex3.htm <DESCRIPTION>ARTICLES OF ASSOCIATION <TEXT> <HTML><HEAD> <TITLE>Articles of Association</TITLE> </HEAD> <BODY BGCOLOR="WHITE"> Exhibit 3 <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0">
<TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3"> STATUTEN der ACE Limited (ACE AG) (ACE SA)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3"> ARTICLES OF ASSOCIATION of ACE Limited(ACE AG) (ACE SA)</TD></TR> <TR STYLE="font-size:1px"> <TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD> <TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"> </TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">I. Firma, Sitz und Zweck der Gesellschaft</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3" ALIGN="center">I. Name, Domicile and Purpose of the Company</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 1 Firma, Sitz und Dauer der Gesellschaft</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3">Article 1 Corporate Name, Registered Office and Duration</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3"> Unter der Firma </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3"> Under the corporate nam </TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center"> ACE Limited (ACE AG) (ACE SA)</TD>
2 of 26
8/15/11 12:05 PM
<TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3" ALIGN="center"> ACE Limited (ACE AG) (ACE SA)</TD></TR> <TR> <TD HEIGHT="5" COLSPAN="3"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3"> besteht eine Aktiengesells 620 ff. OR mit Sitz in Zürich. Die Dauer der Gesellschaft ist unbeschränkt.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3"> a Company exists pursuant Swiss Code of Obligations (hereinafter CO) having its registered office in Zurich. The duration of the Company is unlimited.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 2 Zweck</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 2 Purpose</TD></TR> <TR> <TD HEIGHT="5"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Hauptzweck der Gesellschaft ist der Erwerb, das Halten und der Verkauf von Beteiligungen an Unternehmen, insbesondere, jedoch nicht ausschliesslich, solc Rückversicherungsbranche.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a) </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The main purpose of the Company is to acquire, hold, manage and to sell equity participations, including in insurance and reinsurance companies as well a companies.</TD></TR> <TR> <TD HEIGHT="5"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD> <TD HEIGHT="5" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Gesellschaft kann Finanz- und Management-Transaktionen ausführen. Sie kann Zweigniederlassungen und Tochtergesellschaften im In- und Ausland err <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Company may carry out finance and management transactions and set up branches and subsidiaries in Switzerland and abroad.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="99%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"></TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Gesellschaft kann im In- und Ausland Grundstücke erwerben, halten und veräussern.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Company may acquire, hold and sell real estate in Switzerland and abroad.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> b) </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Gesellschaft kann alle Geschäfte tätigen, die geeignet sind, den Zweck der Gesellschaft zu fördern und mit dem Zweck im Zusammenhang s <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Company may engage in all types of transactions and may take all measures that appear appropriate to promote the purpose of the Company or that are r same.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">II. Aktienkapital und Aktien</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">II. Share Capital and Shares</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 3 Aktienkapital</TD> <TD VALIGN="bottom"> </TD>
3 of 26
8/15/11 12:05 PM
<TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 3 Share Capital</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Aktienkapital der Gesellschaft beträgt CHF 10427260668.63 und ist eingeteilt in 341094559 auf den Namen lautende A 30.57 je Aktie. Das Aktienkapital ist vollständig liberiert.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The share capital of the Company amounts to CHF 10,427,260,668.63 and is divided into 341,094,559 registered shares with a nominal value of CHF 30.57 per fully paid-in.</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Auf Beschluss der Generalversammlung können jederzeit Namenaktien in Inhaberaktien und Inhaberaktien in Namenaktien umgewandelt werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Upon resolution of the General Meeting of Shareholders, registered shares may be converted into bearer shares and bearer shares may be converted into reg time.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 4 Bedingtes Aktienkapital für Anleihensobligationen und ähnliche Instrumente der Fremdfinanzierung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 4 Conditional Share Capital for Bonds and Similar Debt Instruments</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Aktienkapital der Gesellschaft wird im Maximalbetrag von CHF 1008810000 durch Ausgabe von höchstens 33000000 volls Namenaktien mit einem Nennwert von CHF 30.57 je Aktie erhöht, bei und im Umfang der Ausübung von Wandel- und/oder Optionsrechten, welche im Zusammenhang mit von der Gesellschaft oder ihren Tochtergesellschaften emittierenden Anleihensobligationen, Notes oder ähnlichen Obligationen oder Schuldverpflichtungen eingeräumt wurden/werden, einschliesslich Wandelanleihen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The share capital of the Company shall be increased by an amount not exceeding CHF 1,008,810,000 through the issue of a maximum of 33,000,000 registered each with a nominal value of CHF 30.57 through the exercise of conversion and/or option or warrant rights granted in connection with bonds, notes or similar instruments, issued or to be issued by the Company or by subsidi including convertible debt instruments.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">2</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="42%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Bezugsrecht der Aktionäre ist für diese Aktien ausgeschlossen. Das Vorwegzeichnungsrecht der Aktionäre in Bezug auf neue Anleihensobli ähnlichen Obligationen oder Schuldverpflichtungen kann durch Beschluss des Verwaltungsrates zu folgenden Zwecken eingeschränkt oder ausgeschlossen werden: Finanzierung und Refinanzierung des Erwerbs von Unterneh Beteiligungen, von durch die Gesellschaft geplanten neuen Investitionen oder bei der Emission von Options- und Wandelanleihen über internationale Kapitalmärkte sowie im Rahmen von Privatplatzierungen. Der Aussch Vorwegszeichnungsrechts ist ausschliesslich unter folgenden kumulativen Bedingungen zulässig: (1) Die Instrumente müssen zu Marktkonditionen emittiert werden, (2) die Frist, innerhalb welcher die Options- und Wa werden können, darf ab Zeitpunkt der Emission des betreffenden Instruments bei Optionsrechten 10 Jahre und bei Wandelrechten 20 Jahre nicht überschreiten und (3) der Umwandlungs- oder Ausübungspreis fü mindestens dem Marktpreis zum Zeitpunkt der Emission des betreffenden Instruments zu entsprechen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Shareholders pre-emptive rights are excluded. Shareholders advance subscription rights with regard to the new bonds, notes or similar instrum excluded by decision of the Board of Directors in order to finance or refinance the acquisition of companies, parts of companies or holdings, or new investments planned by the Company, or in order to issue convertible bon international capital markets or through private placement. If advance subscription rights are excluded, then (1) the instruments are to be placed at market conditions, (2) the exercise period is not to exceed ten years f warrants and twenty years for conversion rights and (3) the conversion or exercise price for the new shares is to be set at least in line with the market conditions prevailing at the date on which the instruments are issu <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Erwerb von Namenaktien durch Ausübung von Wandel- und Optionsrechten sowie sämtliche weiteren Übertragungen von Namenaktien unterliege Übertragungsbeschränkungen gemäss Art. 8 der Statuten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The acquisition of registered shares through the exercise of conversion rights or warrants and any further transfers of registered shares shall be subjec
4 of 26
8/15/11 12:05 PM
specified in Article 8 of the Articles of Association.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 5 Bedingtes Aktienkapital für Mitarbeiterbeteiligungen</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 5 Conditional Share Capital for Employee Benefit Plans</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Aktienkapital der Gesellschaft wird im Maximalbetrag von CHF 829938265.74 durch Ausgabe von höchstens 27148782 vollst&au Namenaktien mit einem Nennwert von CHF 30.57 je Aktie erhöht bei und im Umfang der Ausübung von Optionen, welche Mitarbeitern der Gesellschaft oder ihrer Tochtergesellschaften sowie Beratern, Direktoren oder and Dienstleistungen für die Gesellschaft oder ihre Tochtergesellschaften erbringen, eingeräumt wurden/werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The share capital of the Company shall be increased by an amount not exceeding CHF 829,938,265.74 through the issue from time to time of a maximum of 27, payable in full, each with a nominal value of CHF 30.57, in connection with the exercise of option rights granted to any employee of the Company or a subsidiary, and any consultant, director, or other person providing ser subsidiary.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">3</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Bezüglich dieser Aktien ist das Bezugsrecht der Aktionäre ausgeschlossen. Neue Aktien dieser Art können unter dem aktuellen Marktpreis aus Verwaltungsrat bestimmt bei einer solchen Emission die spezifischen Konditionen, inkl. den Preis der Aktien.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Shareholders pre-emptive rights shall be excluded with regard to these shares. These new registered shares may be issued at a price below the curre of Directors shall specify the precise conditions of issue including the issue price of the shares.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Erwerb von Namenaktien im Zusammenhang mit Mitarbeiterbeteiligungen sowie sämtliche weiteren Übertragungen von Namenaktien unterliegen den Übertragungsbeschränkungen gemäss Art. 8 der Statuten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The acquisition of registered shares in connection with employee participation and any further transfers of registered shares shall be subject to the res Article 8 of the Articles of Association.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 6 Genehmigtes Kapital zu allgemeinen Zwecken</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 6 Authorized Share Capital for General Purposes</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat ist ermächtigt das Aktienkapital jederzeit bis 19. Mai 2012 im Maximalbetrag von CHF 4279800000 durch Ausgabe v 140000000 vollständig zu liberierenden Namenaktien mit einem Nennwert von CHF 30.57 je Aktie zu erhöhen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors is authorized to increase the share capital from time to time until 19 May 2012 by an amount not exceeding CHF 4,279,800,000 throu 140,000,000 fully paid up registered shares with a nominal value of CHF 30.57 each.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Erhöhungen auf dem Weg der Festübernahme sowie Erhöhungen in Teilbeträgen sind gestattet. Der Ausgabebetrag, die Art der Einlage, der Dividendenberechtigung sowie die Zuweisung nicht ausgeübter Bezugsrechte werden durch den Verwaltungsrat bestimmt.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD>
5 of 26
8/15/11 12:05 PM
<TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Increases through firm underwriting or in partial amounts are permitted. The issue price, the date of dividend entitlement, the type of consideration (in underwriting in kind) as well as the allocation of non exercised pre emptive rights shall be determined by the Board of Directors.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat ist ermächtigt, Bezugsrechte der Aktionäre auszuschliessen und diese Dritten zuzuweisen, wenn die neu auszugebe verwendet werden: (1) Fusionen, Übernahmen von Unternehmen oder Beteiligungen, Finanzierungen und Refinanzierungen solcher Fusionen und Übernahmen sowie anderweitige Investitionsvorhaben (unter Ein-</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board o f Directors is authorized to exclude the pre-emptive rights of the shareholders and to allocate them to third parties in the event of the use of (1) mergers, acquisitions of enterprises or participations, financing and/or refinancing of such mergers and acquisitions and of other investment projeets (ineluding by way of private placements), (2) to improve</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">4</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">schluss von Privatplatzierungen), (2) Stärkung der regulatorischen Kapitalbasis der Gesellschaft oder ihrer Tochtergesellschaften (unter Einschluss (3) zur Erweiterung des Aktionariats oder (4) zum Zwecke der Mitarbeiterbeteiligung.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the regulatory capital position of the company or its subsidiaries (including by way of private placements), (3) broadening the shareholder constituency the participation of employees.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Zeichnung sowie der Erwerb von Namenaktien aus genehmigtem Kapital zu allgemeinen Zwecken sowie sämtliche weiteren Übertragungen von Namena Übertragungsbeschränkungen gemäss Art. 8 der Statuten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The subscription and acquisition of registered shares out of authorized share capital for general purposes and any further transfers of registered shares restrictions specified in Article 8 of the Articles of Association.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 7 Aktienzertifikate</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 7 Share Certificates</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Gesellschaft kann auf Druck und Auslieferung der Aktienzertifikate verzichten sowie bereits gedruckte Zertifikate annullieren. Letzteres setzt die Ei bei der Gesellschaft sowie das Einverständnis der Aktionäre voraus. Der Aktionär kann jedoch von der Gesellschaft jederzeit kostenlos Druck und Auslieferung der Aktienzertifikate verlangen. Die Gesellschaft ihrerseits jederzeit drucken.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Company may forego the printing and delivery of registered shares and may cancel without replacement already printed shares. Registered shares alread cancelled when they are returned to the Company and the shareholder agrees. The shareholder may request at any time, without cost, the printing and delivery of his registered shares. The Company may for its part print out any time.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Nicht verurkundete Namenaktien einschliesslich der daraus entspringenden Rechte können nur durch Zession übertragen werden. Die Zession bedarf Anzeige an die Gesellschaft. Die Berechtigung an den Zertifikaten der übertragenen Aktien wird durch rechtsgültige Zession übertragen und bedarf keiner Zustimmung seitens der Gesellschaft. Die Bank, welche für die Aktionäre verwaltet, kann von der Gesellschaft über die erfolgte Zession benachrichtigt werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Registered shares not physically represented by certificates and the rights arising therefrom can only be transferred by assignment. Such assignment shal is given to the Company. Title to the certificate of the transferred share is passed on to the transferee through legal and valid assignment and does not need the explicit consent of the Company. The bank which handles th assigned registered shares on behalf of the shareholders may be notified by the Company of the assignment.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
6 of 26
8/15/11 12:05 PM
<TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Nicht verurkundete Namenaktien sowie die daraus entspringenden Vermögensrechte können ausschliesslich zugunsten der Bank, welche die Aktien im Aktionärs verwaltet, verpfändet werden. Die Verpfändung bedarf eines schriftlichen Pfandvertrags. Eine Benachrichtigung der Gesellschaft ist</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Registered shares not physically represented by certificates and the financial rights arising from these shares may only be pledged to the bank handling shares for the shareholder. The pledge must be made by means of a written pledge agreement. Notice to the Company is not required.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">5</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="42%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom">nicht erforderlich.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 8 Aktienregister; Beschränkungen der Übertragbarkeit</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 8 Shareholders Register, Transfer Restrictions</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Für die Namenaktien wird ein Aktienbuch geführt. Darin werden die Eigentümer und Nutzniesser mit Namen und Vornamen, Wohnort, Adresse und (bei juristischen Personen mit Sitz) eingetragen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Registered shares are issued in the name of the owner or the usufructuary. This person shall be entered in the share register with his name, address, dom (domicile in case of legal entities).</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Zur Eintragung ins Aktienbuch als Aktionär mit Stimmrecht ist die Zustimmung des Verwaltungsrats notwendig. Die Eintragung als Aktionär mit Sti 8 lit. c), d), e) und f) der Statuten festgehaltenen Fällen abgelehnt werden. Lehnt der Verwaltungsrat die Eintragung des Erwerbers als Aktionär mit Stimmrecht ab, benachrichtig er diesen innerhalb von 20 Tagen Eintragungsgesuchs. Nicht anerkannte Erwerber werden als Aktionäre ohne Stimmrecht ins Aktienbuch eingetragen. Die entsprechenden Aktien gelten in der Generalversammlung als nicht vertreten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Entry in the share register of registered shares with voting rights is subject to the approval of the Board of Directors. Entry of registered shares with refused based on the grounds set out in Article 8 para. c), d), e) and f). If the Board of Directors refuses to register the acquirer as shareholder with voting rights it shall notify the acquirer of such refusal within 2 application. Non-recognized acquirers shall be entered in the share register as shareholders without voting rights. The corresponding shares shall be considered as not represented in the General Meeting of Shareholders.</ <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Eine natürliche oder juristische Person wird in dem Umfang nicht als Aktionärin mit Stimmrecht im Aktienbuch eingetragen, in welchem die von ih Sinne von Art. 14 der Statuten gehaltene oder sonstwie kontrollierte Beteiligung 10% oder mehr des im Handelsregister eingetragenen Aktienkapitals beträgt. Dabei gelten Personen, die durch Absprache, Kapital, Stimmkr auf andere Weise miteinander verbunden sind, als eine Person. Im Umfang, in welchem eine derartige Beteiligung 10% oder mehr des Aktienkapitals beträgt, werden die entsprechenden Aktien ohne Stimmrecht ins Aktienbuch <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">No individual or legal entity may, directly or indirectly, formally, constructively or beneficially own (as defined in Article 14 below) or otherwise con respect to 10% or more of the registered share capital recorded in the Commercial Register. Those associated through capital, voting power, joint management or in any other way, or joining for the acquisition of shares, s person. The registered shares exceeding the limit of 10% shall be entered in the share register as shares without voting rights.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> Die oben erwähnte 10% Limite gilt auch bei der Zeichnung oder Erwerb von Aktien, welche mittels Aus&uum Wandelrechten aus Namen- oder Inhaberpapieren oder sonstigen</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The limit of 10% of the registered share capital also applies to the subscription for, or acquisition of, registered shares by exercising option or conve registered or bearer</TD></TR></TABLE> 
7 of 26
8/15/11 12:05 PM
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">6</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">von der Gesellschaft oder Dritten ausgestellten Wertpapieren oder welche mittels Ausübung von erworbenen Bezugsrechten aus Namen- oder Inhaberaktien werden. Im Umfang, in welchem eine daraus resultierende Beteiligung 10% oder mehr des Aktienkapitals beträgt, werden die entsprechenden Aktien ohne Stimmrecht ins Aktienbuch eingetragen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">securities or any other securities issued by the Company or third parties, as well as by means of exercising purchased preemptive rights arising from eit shares. The registered shares exceeding the limit of 10% shall be entered in the share register as shares without voting rights.</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">e)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat verweigert die Eintragung ins Aktienbuch als Aktionär mit Stimmrecht oder entscheidet über die Löschung eines bereits e mit Stimmrecht aus dem Aktienbuch, wenn der Erwerber auf sein Verlangen hin nicht ausdrücklich erklärt, dass er die Aktien im eigenen Namen und auf eigene Rechnung erworben hat.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">e)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors shall reject entry of registered shares with voting rights in the share register or shall decide on their cancellation when the ac request does not expressly state that she/he has acquired or holds the shares in her/his own name and for her/his own account.</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">f)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat verweigert die Eintragung natürlicher und juristischer Personen, welche Namenaktien für Dritte halten und dies schriftlich g Gesellschaft erklären werden, als Treuhänder/Nominees mit unbeschränktem Stimmrecht ins Aktienbuch oder entscheidet über die Löschung aus dem Aktienbuch, wenn sie sich nicht dazu verpflichten, geg auf deren schriftliches Verlangen hin jederzeit die Namen, Adressen und Beteiligungsquote derjenigen Personen offenzulegen, für welche sie die Namenaktien halten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">f)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors shall reject entry of individuals and legal entities, who hold registered shares for third parties and state this in writing to th the share register with voting rights without limitation or shall decide on their cancellation when the nominee does not undertake the obligation to disclose at any time to the Company at its written request the names, ad of each person for whom such nominee is holding shares.</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">g)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat kann in besonderen Fällen Ausnahmen von den obgenannten Beschränkungen (Artikel 8 lit. c), d), e) and f) der Statuten) geneh Verwaltungsrat nach Anhörung der betroffenen Personen deren Eintragungen im Aktienbuch als Aktionäre rückwirkend streichen, wenn diese durch falsche Angaben zustande gekommen sind oder wenn die betroffene P gemäss Artikel 8 lit. f) verweigert.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">g)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors may in special cases approve exceptions to the above regulations (Article 8 para. c) , d), e) and f)). The Board of Directors is i due consultation with the person concerned, to delete with retroactive effect entries in the share register which were effected on the basis of false information and/or to delete entries in case the respective person refu according to Article 8 para. f).</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">h)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Solange ein Erwerber nicht Aktionär mit Stimmrecht im Sinne von Art. 8 der Statuten geworden ist, kann er weder die</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">h)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Until an acquirer becomes a shareholder with voting rights for the shares in accordance with this Article 8, she/he may neither</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">7</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
8 of 26
8/15/11 12:05 PM
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">entsprechenden Stimmrechte noch die weiteren mit diesen in Zusammenhang stehenden Rechte wahrnehmen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">exercise the voting rights connected with the shares nor other rights associated with the voting rights.</TD></TR> <TR> <TD HEIGHT="24"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">III. Organisation</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">III. Organization</TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">A. Die Generalversammlung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="center">A. The General Meeting</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 9 Befugnisse</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 9 Authorities</TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Die Generalversammlung ist das oberste Organ der Gesellschaft. Sie hat die folgenden unübertragbaren Befugnisse:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">The General Meeting is the supreme corporate body of the Company. It has the following non-transferable powers:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> 1. </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Festsetzung und Änderung der Statuten;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">1.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to adopt and amend the Articles of Association;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> 2. </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Wahl der Mitglieder des Verwaltungsrates und der Revisionsstelle;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">2.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to elect and remove the members of the Board of Directors and the Auditors;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> 3. </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Genehmigung des Jahresberichts, der Jahresrechnung und der Konzernrechnung sowie die Beschlussfassung über die Verwendung des Bilanzgewinns, ins der Dividende;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">3.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to approve the statutory required annual report, the annual accounts and the consolidated financial statements as well as to pass resolutions regarding t shown on the balance sheet, in particular to determine the dividends;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> 4. </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Entlastung der Mitglieder des Verwaltungsrats;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">4.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to grant discharge to the members of the Board of Directors; and</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD>
9 of 26
8/15/11 12:05 PM
<TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> 5. </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Beschlussfassung über die Gegenstände, die der Generalversammlung durch das Gesetz oder die Statuten vorbehalten sind oder welche ihr vom V werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">5.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to pass resolutions regarding items which are reserved to the General Meeting by law or by the Articles of Association or which are presented to it by th Directors.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 10 Generalversammlungen sowie deren Einberufung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 10 Meetings and Convening the Meeting</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> Die ordentliche Generalversammlung findet alljährlich innerhalb von sechs Monaten nach Abschluss des Ge statt. Zeitpunkt und Ort, welcher im In- oder Ausland sein kann, werden durch den Verwaltungsrat bestimmt.</ <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The ordinary General Meeting shall be held annually within six months after the close of the business year at such time and at such location, which may b Switzerland, as determined by the Board of Directors.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">8</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="42%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Ausserordentliche Generalversammlungen finden satt, wenn es die Generalversammlung, die Revisionsstelle oder der Verwaltungsrat für notwenig erachte ausserordentliche Generalversammlungen einberufen werden, wenn stimmberechtigte Aktionäre, welche zusammen mindestens 10% des Aktienkapitals vertreten, es verlangen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Extraordinary General Meetings may be called by resolution of the General Meeting, the Auditors or the Board of Directors, or by shareholders with voting represent at least 10% of the share capital.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 11 Einberufung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 11 Notice</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Generalversammlung wird durch den Verwaltungsrat, nötigenfalls durch die Revisionsstelle oder die Liquidatoren, einberufen. Die Einladung erfolg Versammlung durch Publikation im Schweizerischen Handelsamtsblatt.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The General Meeting is summoned by the Board of Directors or if necessary by the Auditors or the liquidators. Notice of the General Meeting shall be give Schweizerisches Handelsamtsblatt at least 20 days before the date of the meeting.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 12 Traktanden</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 12 Agenda</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat nimmt die Traktandierung der Verhandlungsgegenstände vor.</TD> <TD VALIGN="bottom"> </TD>
10 of 26
8/15/11 12:05 PM
<TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors shall state the matters on the agenda.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Ein oder mehrere mit Stimmrecht eingetragene Aktionäre können, gemäss den gesetzlichen Bestimmungen, vom Verwaltungsrat die Traktandierung Verhandlungsgegenstandes verlangen. Das Begehren um Traktandierung ist schriftlich unter Angabe der Verhandlungsgegenstände und der Anträge an den Präsidenten des Verwaltungsrates mindestens 45 Tage vor der einzureichen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">One or more registered Shareholders may in compliance with the legal requirements demand that matters be included in the agenda. Such demands shall be in the items and the proposals and has to be submitted to the Chairman up to 45 days before the date of the meeting.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Über Anträge zu nicht gehörig angekündigten Verhandlungsgegenständen, welche auch nicht im Zusammenhang mit einem gehörig t Verhandlungsgegenstand stehen, können keine Beschlüsse gefasst werden, ausser in den gesetzlich vorgesehenen Fällen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">No resolution shall be passed on matters proposed only at the General Meeting and which have no bearing on any of the proposed items of the agenda, apart permitted by law.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="98%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">9</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">In der Einberufung der Versammlung werden die Traktanden und die Anträge des Verwaltungsrates sowie derjenigen Aktionäre bekanntgegeben, welche Durchführung einer Generalversammlung verlangt haben.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The notice of the meeting shall state the matters on the agenda and the proposals of the Board of Directors and of those shareholders who have demanded t that matters be included in the agenda.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 13 Vorsitz und Protokoll</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 13 Chair, Minutes</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Den Vorsitz in der Generalversammlung führt der Präsident des Verwaltungsrates, bei dessen Verhinderung ein anderes vom Verwaltungsrat bezeichn Verwaltungsrates oder ein anderer von der Generalversammlung für den betreffenden Tag bezeichneter Vorsitzender.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The General Meeting shall be chaired by the Chairman, or, in his absence, by another member of the Board of Directors, or by another Chairman elected for Meeting.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Vorsitzende bezeichnet einen Protokollführer sowie die Stimmenzähler, welche keine Aktionäre sein müssen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Chairman designates a Secretary for the minutes as well as the scrutinizers who need not be shareholders.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD>
11 of 26
8/15/11 12:05 PM
<TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat ist verantwortlich für die Protokollführung. Das Protokoll wird vom Vorsitzenden und vom Protokollführer unterzeichnet. <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors is responsible for the keeping of the minutes, which are to be signed by the Chairman and by the Secretary.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 14 Stimmrecht und Vertreter</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 14 Voting Rights and Shareholders Proxies</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Jede Aktie berechtigt, unter Vorbehalt der Einschränkungen gemäss Art. 8 und Art. 14 lit. b) der Statuten, zu einer Stimme. Jeder stimmberechti Aktien durch eine andere von ihm schriftlich bevollmächtigte Person vertreten lassen, welche kein Aktionär sein muss.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Each share is entitled to one vote subject to the provisions of Article 8 and Art. 14 para. b) below. Each shareholder may be represented at the General who is authorized by a written proxy and who does not need to be a shareholder.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Ungeachtet lit. a) vorstehend, gilt Folgendes: Sobald und solange eine natürliche oder juristische Person 10% oder mehr des im Handelsregister einge Gesellschaft kontrolliert, ist diese bei ordentlichen oder ausserordentlichen Generalversammlungen maximal zu den gemäss nachfolgender Formel zu eruierenden Stimmen (abgerundet auf die nächst tiefere,</TD <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Notwithstanding para. a) above, if and so long as the Controlled Shares of any individual or legal entity constitute ten percent (10%) or more of th recorded in the Commercial Register, such individual or legal entity shall be entitled to cast votes at any General Meeting or Extraordinary General Meeting in the aggregate equal to the number (rounded down</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">10</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">runde Zahl) berechtigt:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">to the nearest whole number) obtained from following formula:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">(T ÷ 10) - 1</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">(T ÷ 10) - 1</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> Wobei gilt: T ist gleich der Gesamtanzahl der Stimmrechte, we Handelsregister eingetragenen gesamten Aktienkapital der Gesellschaft verliehen werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> Where: T is the aggregate number of registered share capital recorded in the Commercial Register.</TD></TR> <TR>
12 of 26
8/15/11 12:05 PM
<TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Als kontrolliert im Sinne dieses Artikels gelten folgende Aktien:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">For purposes of this Article 14, Controlled Shares in reference to any individual or entity means:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (aa) alle Aktien der Gesellschaft, welche direkt oder indirekt von einer natürl Person gehalten werden, wobei:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (aa) all shares of the Company directly, indirectly or constructively owned by such provided that</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (i) Aktien, welche direkt oder indirekt von einer Personengesellsc von einem Trust oder einer anderweitigen Vermögensmasse (z.B. Nachlass) gehalten werden, anteilsmässig auf die hinter diesen Strukturen stehenden Partner oder wirtschaftlich Berechtigten angerechnet werden; und< <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (i) shares owned, directly or indirectly, by or for a partnership, considered as being owned proportionately by its partners, or beneficiaries; and</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (ii) Aktien, welche direkt oder indirekt von einer körperschaftlich gehalten werden als anteilsmässig von den Aktionären solcher Gesellschaften, welche ihrerseits mehr als 50% der ausgegebenen stimmberechtigten Aktien ebensolcher halten, gehalten gelten; und</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (ii) shares owned, directly or indirectly, by or for a corporation will proportionately by any shareholder owning 50% or more of the outstanding voting shares of such corporation; and</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (iii) Aktien, welche durch die Ausübung von Wandel-, Options- oder ä können, als vom Inhaber des entsprechenden Rechts gehalten gelten; und</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (iii) shares subject to options, warrants or other similar rights shall be dee and</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">11</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="3%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="39%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="3%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="39%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">(bb)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">alle Aktien der Gesellschaft, welche direkt oder indirekt von einer natürlichen oder juristischen Person als wirtschaftlich Berechtigte gehalten wer Person gilt, die:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">(bb)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">all Shares of the Company directly, indirectly beneficially owned by such individual or entity; provided that</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD>
13 of 26
8/15/11 12:05 PM
<TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (i) direkt oder indirekt, durch jede Art von Vertrag, Vereinbarung Rechtsbeziehung oder sonstwie alleine oder zusammen mit anderen derartigen Personen über Folgendes verfügt:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (i) a beneficial owner of a security includes any person who, dire any contract, arrangement, understanding, relationship, or otherwise has or shares:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (1) Einfluss auf das Stimmrecht der betreffenden Aktien, sei dies direkt und/oder</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (1) voting power which includes the power to vote, or to direct the voti and/or</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (2) Einfluss auf die Verfügungsberechtigung an den betreffenden Akt indirekt;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (2) investment power which includes the power to dispose, or to direct t security.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (ii) direkt oder indirekt Trusts, Vollmachten, übrige Vertretungsbe vertragliche Abreden errichtet oder benutzt in der Absicht, ihre wirtschaftliche Berechtigung an den Aktien zu überdecken, um die einschlägigen Bestimmungen dieser Statuten über die als kontrolliert geltend umgehen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (ii) Any person who, directly or indirectly, creates or uses a trust, pr pooling arrangement or any other contract, arrangement, or device with the purpose or effect of divesting such person of beneficial ownership of shares of the Company or preventing the vesting of such beneficial ownership to evade the provisions of these articles of association shall be deemed to be the beneficial owner of such shares.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (iii) die das Recht hat innerhalb von 60 Tagen die wirtschaftliche Berechtigun insbesondere, jedoch nicht abschliessend, durch: (A) Ausübung von Wandel-, Options- oder sonstigen Rechten; (B) durch die Umwandlung eines Wertpapiers; (C) durch die automatische Aufhebung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (iii) A person shall be deemed to be the beneficial owner of shares if that pe acquire beneficial ownership of such shares within 60 days, including but not limited to any right to acquired: (A) through the exercise of any option, warrant or right; (B) through the conversion of a</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">12</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> eines Trusts, eines Vermögensverwaltungskontos oder einer ähnlichen Vereinbarung; oder (D) durch Ablauf der Daue Vermögens-verwaltungskontos oder einer ähnlichen Vereinbarung.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> security; (C) pursuant to the power to revoke a trust, discretionary account, or similar arrangement; or (D) pursuant to t a trust, discretionary account or similar arrangement.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> d)</TD> <TD VALIGN="bottom"> </TD>
14 of 26
8/15/11 12:05 PM
<TD VALIGN="bottom">Der Verwaltungsrat hat das Recht die Bestimmungen des Artikels 14 der Statuten auszulegen und die Berechtigung von natürlichen und juristischen P Gesellschaft zur Sicherstellung der Umsetzung dieser Bestimmungen festzulegen. Bei der Auslegung kann der Verwaltungsrat Gesetze, Reglemente und übrige Bestimmungen sowie Rechtsprechung aus dem In- und Ausland beizie Statuten ähnlich sind.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" ALIGN="right">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors shall have the authority to interpret the provisions of this Article 14 and to determine the ownership of shares by any individual implement the provisions of this Article 14. In so interpreting this Article 14, the Board of Directors may look to laws, rules, regulations and court decisions (including of countries outside of Switzerland) having langu this Article 14.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">e)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat kann in besonderen Fällen Ausnahmen von den vorerwähnten Stimmrechtsbeschränkungen gewähren.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">e)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors may in special cases allow exceptions from this limitation on voting rights.</TD></TR> <TR> <TD HEIGHT="24" COLSPAN="3"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 15 Beschlüsse</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3">Article 15 Resolutions</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Generalversammlung ist beschlussfähig ohne Rücksicht auf die Zahl der anwesenden Aktionäre oder der vertretenen Aktien.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The General Meeting may pass resolutions without regard to the number of shareholders present or shares represented.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Generalversammlung fasst ihre Beschlüsse und vollzieht ihre Wahlen, soweit das Gesetz oder diese Statuten nichts anderes vorsehen, mit der einfa abgegebenen Stimmen (wobei Enthaltungen, sog. Broker Nonvotes, leere oder ungültige Stimmen für die Bestimmung des Mehr nicht berücksichtigt werden).</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Unless otherwise required by law or the Articles of Association, the General Meeting shall pass its resolutions and carry out its elections with the simp cast (whereby abstentions, broker non-votes, blank or invalid ballots shall be disregarded for purposes of establishing the majority).</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Vorsitzende bestimmt das Abstimmungsverfahren. Erfolgen die Wahlen nicht elektronisch haben sie mittels Stimmzettel zu erfolgen, wenn mindestens 50 a per Handzeichen verlangen. Die Weisungserteilung via Internet oder Telefon kann durch den Vorsitzenden gestattet werden.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Chairman of the General Meeting shall determine the voting procedure. Provided that the voting is not done electronically, voting shall be by ballot shareholders present so demand by a show of hands. The accord of instructions by using the internet or the telephone can be permitted by the Chairman.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">13</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top" COLSPAN="3">Artikel 16 Quorum</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" COLSPAN="3">Article 16 Quorums</TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Ein Beschluss der Generalversammlung, der mindestens zwei Drittel der vertretenen Stimmen und die absolute Mehrheit der vertretenen Aktiennen ist erforderlich für:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">A resolution of the General Meeting passed by at least two thirds of the represented share votes and the absolute majority of the represented required for:</TD></TR> <TR> <TD HEIGHT="8"></TD>
15 of 26
8/15/11 12:05 PM
<TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">1.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die in Art. 704 Abs. 1 OR aufgeführten Geschäfte, d.h. für:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">1.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the cases listed in art. 704 para. 1 CO, i.e.:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (a) die Änderung des Gesellschaftszwecks;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (a) the change of the company purpose;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (b) die Einführung von Stimmrechtsaktien;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (b) the creation of shares with privileged voting rights;</TD <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (c) die Beschränkung der Übertragbarkeit von Namenaktien;</FON <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (c) the restriction of the transferability of registered shares;< <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (d) eine genehmigte oder bedingte Kapitalerhöhung;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (d) an increase of capital, authorized or subject to a condition; <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (e) die Kapitalerhöhung aus Eigenkapital, gegen Sacheinlage oder zw die Gewährung von besonderen Vorteilen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (e) an increase of capital out of equity, against contribution in kind, acquisition of assets and the granting of special benefits;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (f) die Einschränkung oder Aufhebung des Bezugsrechts; <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (f) the limitation or withdrawal of pre-emptive rights; <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (g) die Verlegung des Sitzes der Gesellschaft;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> (g) the change of the domicile of the Company;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">2.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Fusion, Spaltung und Umwandlung der Gesellschaft (zwingende gesetzliche Bestimmungen vorbehalten);</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">2.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the merger, de-merger or conversion of the Company (subject to mandatory law);</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD>
16 of 26
8/15/11 12:05 PM
<TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">3.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Lockerung und die Aufhebung von Übertragungsbeschränkungen der Namenaktien;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">3.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the alleviating or withdrawal of restrictions upon the transfer of registered shares;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">4.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Umwandlung von Namenaktien in Inhaberaktien und umgekehrt;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">4.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the conversion of registered shares into bearer shares and vice versa;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">5.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">für die Auflösung der Gesellschaft mit Liquidation;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">5.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the dissolution of the Company followed by liquidation;</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">14</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">6.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom">die Abberufung von Mitgliedern des Verwaltungsrates im Sinne von Art. 705 Abs. 1 OR; und</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">6.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the dismissal of the members of the Board of Directors according to art. 705 para. 1 CO; and</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">7.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">die Änderung oder Aufhebung der Art. 8, 14, 15 und 16 der Statuten.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">7.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">the amendment or elimination of the provisions of Article 8, Article 14 and Article 15 of the Articles of Association as well as those contained in this
<TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">B. Der Verwaltungsrat</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3" ALIGN="center">B. The Board of Directors</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 17 Wahl, Konstituierung und Entschädigung</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 17 Election, Constitution and Indemnification</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat besteht aus wenigstens 3 und höchstens 20 Mitgliedern. Die Amtsdauer des Verwaltungsrats entspricht der gesetzlich zulässige längstens aber drei Jahre. Die erste Amtsdauer wird für jedes Mitglied bei der ersten Wahl durch den Verwaltungsrat so festgelegt, dass jedes Jahr eine gleiche Anzahl Verwaltungsräte neu bzw. wiedergew&auml
17 of 26
8/15/11 12:05 PM
spätestens nach drei Jahren sämtliche Mitglieder des Verwaltungsrats sich einer Wiederwahl haben stellen müssen. Der Verwaltungsrat bestimmt die Reihenfolge der Wiederwahl, wobei die erste Amtszeit einzelne Verwaltungsrats weniger als drei Jahre betragen wird. Diesbezüglich ist unter einem Jahr der Zeitraum zwischen zwei ordentlichen, aufeinanderfolgenden Generalversammlungen zu verstehen. Im Falle einer Zu- oder Abnahm des Verwaltungsrats, bestimmt der Verwaltungsrat die neue Reihenfolge der Wiederwahlen. Infolgedessen kann die Amtsdauer einzelner Mitglieder des Verwaltungsrats weniger als drei Jahre betragen. Die Amtsdauer läuft m ordentlichen Generalversammlung ab, vorbehältlich vorgängigen Rücktritts oder Abwahl. Wenn vor Ablauf dieser Amtsdauer aus irgendeinem Grunde Verwaltungsräte ersetzt werden, läuft die Amtsdauer de Mitglieder mit der ordentlichen Amtsdauer ihrer Vorgänger ab.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors shall consist of 3 to 20 members. The term shall correspond to the maximum term legally allowed but shall not exceed three years. Directors shall be renewed by rotation, to the extent possible in equal numbers and in such manner that, after a period of three years, all members will have been subject to re-election. The Board of Directors shall estab whereas the first term of some members may be less than three years. In this regard, one year shall mean the period between two ordinary General Meetings. In the event of increase or a decrease in the number of Directors, shall establish a new order of rotation. In this context the terms of office of some members may be less than three years. The term of office of a member of the Board of Directors shall, subject to prior resignation or re of the next ordinary General Meeting. Newly-appointed members shall complete the term of office of their predecessors.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">15</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat konstituiert sich selber. Der Verwaltungsrat wählt seinen Präsidenten sowie einen Vizepräsidenten. Er bezeichnet einen braucht nicht dem Verwaltungsrat anzugehören. Der Präsident hat bei Stimmengleichheit keinen Stichentscheid.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board o f Directors shall constitute itself. It appoints its Chairman, a Vice-Chairman and a Secretary who does not need to be a member of the Board shall have no casting vote.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Mitglieder des Verwaltungsrats erhalten für ihre Tätigkeit eine Entschädigung, deren Höhe vom Verwaltungsrat festgelegt wird. Die Verwaltungsrats sind ebenfalls berechtigt, an Mitarbeiterbeteiligungsprogrammen der Gesellschaft teilzunehmen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Members of the Board of Directors shall receive compensation for their work in an amount to be determined by the Board. They may also participate in the benefit plans.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Soweit es das Gesetz zulässt, werden die Mitglieder des Verwaltungsrates sowie der Geschäftsleitung aus dem Gesellschaftsvermögen schadlos Forderungen, Kosten, Verluste, Schäden, Bussen, und sonstige Auslagen, welche ihnen im Zusammenhang mit ihrer Tätigkeit für die Gesellschaft entstehen bzw. gegen diese erhoben werden, es sei denn, ein recht eines Gerichts oder einer anderen Behörde stelle fest, dass die betreffende Person die obgenannten Auslagen und Verpflichtungen aufgrund einer vorsätzlichen oder grobfahrlässigen Pflichtverletzung verursach <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Company shall indemnify and hold harmless, to the fullest extent permitted by law, each of the members of the Board of Directors and officers out of from and against all actions, costs, charges, losses, damages and expenses which they or any of them may incur or sustain by or by reason of any act done, concurred in or omitted in or about the execution of their duty, o the Company; provided that this indemnity shall not extend to any matter in which any of said persons is found, in a final judgement or decree not subject to appeal, to have committed fraud or dishonesty.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Unabhängig von vorstehender Bestimmung schiesst die Gesellschaft den Mitgliedern des Verwaltungsrats sowie der Geschäftsleitung die im Zusammen Angelegenheiten entstehenden Gerichts- und Anwaltskosten vor. Ausgenommen sind jene Fälle, in denen die Gesellschaft selbst gegen die betreffenden Personen vorgeht. Die Gesellschaft kann die aufgewendeten Auslagen zu Gericht oder eine andere zuständige Behörde rechtskräftig feststellt, dass die betreffende Person gegenüber der Gesellschaft eine Pflichtverletzung begangen hat.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Without limiting the foregoing paragraph, the Company shall advance court costs and attorneys fees to the members of the Board of Directors and off the Company itself is plaintiff. The Company may however recover such advanced cost if a court or another competent authority holds that the member of the Board of Directors or the officer in question has breached its dut Company.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">16</TD>
18 of 26
8/15/11 12:05 PM
<TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR> <TD VALIGN="top" COLSPAN="3">Artikel 18 Zuständigkeit und Delegation </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 18 Ultimate Direction, Delegation </TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat hat die Oberleitung der Gesellschaft sowie die Aufsicht über die Geschäftsleitung. Er vertritt die Gesellschaft gegenüb Angelegenheiten Beschluss fassen, welche nicht gemäss Gesetz, Statuten oder Organisationsreglement einem anderen Organ zugewiesen sind.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors is entrusted with the ultimate direction of the Company as well as the supervision of the management. It represents the Company to attends to all matters which are not delegated to or reserved for another corporate body of the Company by law, the Articles of Association or the regulations.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Der Verwaltungsrat kann aus seiner Mitte Ausschüssen bestellen oder einzelne Mitglieder bestimmen, welche mit der Vorbereitung und/oder Ausführ oder der Überwachung bestimmter Geschäfte betraut sind. Der Verwaltungsrat erlässt hierzu die notwendigen organisatorischen Weisungen. Mit Ausnahme der unübertragbaren Befugnisse kann der Verwaltungsra Geschäftsführung ganz oder teilweise an einzelne Mitglieder, an einen Ausschuss oder an Dritte, welche keine Aktionäre zu sein brauchen, übertragen. Ebenso kann der Verwaltungsrat vorgenannten Personen Namen der Gesellschaft zu zeichnen. Der Verwaltungsrat erlässt hierzu die notwendigen Organisationsreglemente und erstellt die erforderlichen Vertragsdokumente.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Board of Directors may delegate preparation and/or implementation of its decisions and supervision of the business to committees or to individual mem Directors. The organizational regulations will be defined by the Board of Directors. While reserving its non-transferable powers, the Board of Directors may further delegate the management of the business or parts thereof Company to one or more persons, members of the Board of Directors or others who need not be shareholders. The Board of Directors shall record all such arrangements in a set of regulations for the Company and set up the ne framework.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 19 Einzelne Befugnisse </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 19 Duties</TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Der Verwaltungsrat hat folgende unübertragbare und unentziehbare Befugnisse:</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">The Board of Directors has the following non-transferable and inalienable duties:</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 1. die Oberleitung der Gesellschaft und die Erteilung der nöt Weisungen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 1. to ultimately manage the Company and issue the necessary direct <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 2. die Festlegung der Organisation;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 2. to determine the organization;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 3. die Ausgestaltung des Rechnungswesens, der Finanzkontrolle sowi diese für die Führung der Gesellschaft notwendig ist;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 3. to organize the accounting, the financial control, as well as t planning;</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD>
19 of 26
8/15/11 12:05 PM
<TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">17</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="42%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="42%"></TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 4. die Ernennung und Abberufung der mit der Geschäftsfüh betrauten Personen, sowie die Erteilung der Zeichnungsberechtigungen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 4. to appoint and remove the persons entrusted with the management Company and to grant signatory power;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 5. die Oberaufsicht über die mit der Geschäftsführu betrauten Personen, namentlich im Hinblick auf die Befolgung der Gesetze, Statuten, Reglemente und Weisungen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 5. to ultimately supervise the persons entrusted with the manageme respect to compliance with the law and with the Articles of Association, regulations and directives;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 6. die Erstellung des Geschäftsberichtes sowie die Vorbereitu und die Ausführung ihrer Beschlüsse;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 6. to prepare the business report, as well as the General Meeting latters resolutions;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 7. die Benachrichtigung des Richters im Falle der Überschuldu <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 7. to inform the judge in the event of overindebtedness; <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 8. die Beschlussfassung über die nachträgliche Liberieru vollständig liberierten Aktien;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 8. to pass resolutions regarding the subsequent payment of capital paid-in shares;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 9. die Beschlussfassung über die Feststellung von Kapitalerh& entsprechenden Statutenänderungen;</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 9. to pass resolutions confirming increases in share capital and r the Articles of Association entailed thereby;</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD>
20 of 26
8/15/11 12:05 PM
<TD VALIGN="top"> 10. Überwachung der Fachkenntnisse der Spezialrevisionsstelle in den F&au den Einsatz einer solchen vorsieht.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> 10. to examine the professional qualifications of the specially qualified Audi the law foresees the use of such Auditors.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">18</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">C. Revisionsstelle und Spezialrevisionsstelle</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3" ALIGN="center">C. Auditors and Special Auditor</TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 20 Amtsdauer, Befugnisse und Pflichten</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 20 Term, Powers and Duties </TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Revisionsstelle wird von der Generalversammlung gewählt. Rechte und Pflichten der Revisionsstelle bestimmen sich nach den gesetzlichen Vorschrif <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The Auditors shall be elected by the General Meeting and shall have the powers and duties vested in them by law.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Generalversammlung kann eine Spezialrevisionsstelle ernennen, welche die vom Gesetz für Kapitalerhöhungen mit Sacheinlage oder Verrechnungs Prüfungsbestätigungen abgibt.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The General Meeting may appoint a special auditing firm entrusted with the examinations required by applicable law in connection with share capital incre kind or set-off.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Amtsdauer der Revisionsstelle und (falls eingesetzt) der Spezialrevisionsstelle beträgt ein Jahr. Die Amtsdauer beginnt mit dem Tag der Wahl und darauffolgenden ordentlichen Generalversammlung.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The term of office of the Auditors and (if appointed) the special auditors shall be one year. The term of office shall commence on the day of election, a first annual ordinary General Meeting following their election.</TD></TR> <TR> <TD HEIGHT="24" COLSPAN="3"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">IV. Liquidation</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3" ALIGN="center">IV. Liquidation</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 21 Auflösung und Liquidation</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 21 Dissolution and Liquidation </TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Generalversammlung kann jederzeit in Übereinstimmung mit den gesetzlichen und statutarischen Bestimmungen die Auflösung und die Liquidation beschliessen.</TD> <TD VALIGN="bottom"> </TD>
21 of 26
8/15/11 12:05 PM
<TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"> a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The General Meeting may at any time resolve the dissolution and liquidation of the Company in accordance with the provisions of the law and of the Articl Association.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Liquidation wird durch den Verwaltungsrat besorgt, sofern sie nicht durch einen Beschluss der Generalversammlung anderen Personen übertragen wir <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The liquidation shall be carried out by the Board of Directors to the extent that the General Meeting has not entrusted the same to other persons. <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Die Liquidation ist gemäss Art. 742 ff. OR durchzuführen. Dabei können die Liquidatoren über das Vermögen der Gesellschaft (eins durch privaten Rechtsakt verfügen.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">c)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The liquidation of the Company shall take place in accordance with art. 742 et seq. of the Swiss Code of Obligations. The liquidators are authorized to d (including real estate) by way of private contract.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">19</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="1%"></TD> <TD VALIGN="bottom" WIDTH="4%"></TD> <TD WIDTH="41%"></TD></TR>
<TR> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Vermögen der aufgelösten Gesellschaft wird nach Tilgung ihrer Schulden unter die Aktionäre nach Massgabe der einbezahlten Beträge <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">d)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">After all debts have been satisfied, the net proceeds shall be distributed among the shareholders in proportion to the amounts paid-in.</TD></TR> <TR> <TD HEIGHT="24" COLSPAN="3"></TD> <TD HEIGHT="24" COLSPAN="2"></TD> <TD HEIGHT="24" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3" ALIGN="center">V. Mitteilungen und Sprache der Statuten </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3" ALIGN="center">V. Notices and Language of the Articles of Association </TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 22 Mitteilungen und Bekanntmachungen </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 22 Communications and Announcements </TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Das Schweizerische Handelsamtsblatt ist das offizielle Publikationsmittel der Gesellschaft.</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">a)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">The official means of publication of the Company shall be the Schweizerisches Handelsamtsblatt.</TD></TR> <TR> <TD HEIGHT="8"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Mitteilungen der Gesellschaft an die Aktionäre sowie andere Bekanntmachungen erfolgen durch Publikation im Schweizerisches Handelsamtsblatt&#1 <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">b)</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top">Shareholder invitations and communications of the Company shall be published in the Schweizerisches Handelsamtsblatt.</TD></TR> <TR> <TD HEIGHT="16" COLSPAN="3"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Artikel 23 Sprache der Statuten </TD> <TD VALIGN="bottom"> </TD>
22 of 26
8/15/11 12:05 PM
<TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">Article 23 Language of the Articles of Association </TD></TR> <TR> <TD HEIGHT="8" COLSPAN="3"></TD> <TD HEIGHT="8" COLSPAN="2"></TD> <TD HEIGHT="8" COLSPAN="4"></TD></TR> <TR> <TD VALIGN="top" COLSPAN="3">Im Falle eines Widerspruchs zwischen der deutschen und jeder anderen Fassung dieser Statuten ist die deutsche Fassung massgeblich.</TD <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top" COLSPAN="3">In the event of deviations between the German version of these Articles of Association and any version in another language, the German authen prevails.</TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">20</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER"> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0"> <TR> <TD WIDTH="47%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="4%"></TD> <TD VALIGN="bottom" WIDTH="1%"></TD> <TD WIDTH="47%"></TD></TR> <TR> <TD VALIGN="top">Bern, 15. Dezember 2010/December 15, 2010</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD></TR> <TR> <TD HEIGHT="16"></TD> <TD HEIGHT="16" COLSPAN="2"></TD> <TD HEIGHT="16" COLSPAN="2"></TD></TR> <TR> <TD VALIGN="top"> /s/ Olivier Steimer</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD></TR> <TR> <TD VALIGN="top">Olivier Steimer</TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="top"></TD></TR></TABLE> <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center"> <TR> <TD WIDTH="97%"></TD> <TD VALIGN="bottom" WIDTH="2%"></TD> <TD></TD> <TD></TD> <TD></TD></TR> <TR> <TD VALIGN="top"> <IMG SRC="g129168g29s01.jpg" ALT="LOGO"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom"> </TD> <TD VALIGN="bottom" ALIGN="right">21</TD> <TD NOWRAP VALIGN="bottom"> </TD></TR></TABLE> </BODY></HTML> </TEXT> </DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>3 <FILENAME>g129168g29s01.jpg <DESCRIPTION>GRAPHIC <TEXT> begin 644 g129168g29s01.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`C0"-`P$1``(1`0,1`?_$`'0```(#`0$!``,!```` M``````@)``<*!@4$`0,+`@$!`````````````````````!```00#`0``!@(! M!`$#!0$`!0,$!@<!`@@)`!$2$Q0*%187(2(C&!DD)1HQ03(G.#01`0`````` M``````````````#_V@`,`P$`À$#$0`_`-_'P$^`GP$^`GP">.]/>'S.\[EB MT=NF_!LSM@(9_@2M$T=J,LZW@Y/1%!RZ0DX%D8'A8+EFV<Z;[8/D1>RGSSHC MA53&=,!F$O[]TBT+"5?P;@7@QRI*WSO=O')7=,A*V$7<,UE635DMFF*G8#%M"J[MSE/">LI>(ZJ;)8_Y<[YUP%,+^B?[A?48/<G5G-5I5"!)+:+MG<4Y$B5= M_<0<O]<-TQ1#HD8<+*L6RHQ1/*J2V^V$5MLKJ;:[I;8#L8_'?W?3[U5GL;G@ M/"3-P[_+D!;SO8,E,H?1\FB2R>CG;9XOG?\`X]/IQC/RS\\X^7P'-NK=_=DI MQ)<B;B-P2]$BCGZ4&M5<5VZJTPR43Ô9`=7X20OF*RV7>N/EOIC9;77.=<9P MGOG4.C#_`+'WOOQ&BDCZ`><CN9QALV:X4ETTH>V.>2[[9NNIJ\=[3Z/C2U5J M[.DO],X;@M-$ML:;XQ].?IW!R_%W[='F3TCL,CM]9G7&$_?9V243LUIM-:JW M<[*8U008VK"V&ZC7533.=MUS04(U2^7RRKG_`$SD-,E9VM5]TQ`=8-/6-!;6 M@9?9;07-*XEH&;14BHWVQHY292"-OR0IRJVWS]*FFBN=D]O]-L8S_I\!WWP$ M^`GP$^`GP$^`GP$^`#7M_OSE3SNITE=?55J!*_CR38GF+QO\AL]L&RS0QKHX MVBM:0W#E`G+)`MLNCIMA/Z&C/"^BKQ=LWÎ;4,&UW>O/M+[XW#)*#\MJZLKG MWF5@48!CAV$$58B?&`C.'P[61=#]$,G&C&%M2+!RNYR!!.DMLMV^VJ6I19'[ MNP>(T\CN#O,3EZ8]S]@1Z0>P\HB%K/ZPLEAS[9C"'\@4#;#8F#&KB[ML=>1MK8L%8E))V,;N7C`&_:,R";AJ_8:JXQE0-9`:)'N'>KO.D#2K'G&C^%.GQ<HI MLY6_-E!0($*1Z&4I&2VK6NTJO@GG>2SBLK$>QT[N$W9#(^45+M6&CE9WJ^63 MP"!HW>EY\==;UJ[]GW'I34-JQ?MYG,`?>\+M>?3[SIM.L7DH*-XO4<HI5H:9 MU#6-8&@#A5-+^)8NI*+RIJZ=))I(N&WP#D/=&<SV>]4^0/`NUKRBJ^8>Y.@[ M$%=+NX)(#$(D-EQRL&%=&8I3VMB1TB).`@5EO9*Y'+MV+M!R]77;[:[;?9QI ML'DUS!N1>)/8ZB^;^?N:>IZ&D3^B;;*,X+6AV(RWD*VJNE!""-'O3,Q9G^B] M2=8R.I#<5?!'RRD64/FM'B&OTKI),=E`3AYS=37C:L8MK:"=K^G_`#[9?4/; MMZUGYP!Y=5BW5/`Y:MRSTW_C*)EK$OBJ+0"*"H,9:'\2;^,E8Y^W$!OO-6SI M5'?38.VZ>H_E;O/M/ONCWWDV-ZGKCD210,%<'</GX5A7.7341L641-JM.@[N MK#AX37_4<YB$M#'M"&$-?RDM6>J61RBOV]UP`()YC^F'F9F,=D>)W7TSZ%I: M9U=!NC5.>V0AT)Z.VJBS0;E2(R"Z.+#RCL-8T<+;C%1:1ABVV*ZJMUEF;-#+ M3=5,-#OD=^T)SAW5(A?/'60$1QYUBHZTCXT>?,N4:@M&3(*;M'0F*R*0H,W< M!F*SU+*:4=.J[J*K9U;M'SQSMA#`:GO@)\!/@)\!/@)\`H+V#]B>??(ZAMIM M/%&4\OF<L2"%"\_LRBC`[819DLU:O39M^V8D\Q.OHWL\U5($UTODKG7\5KA5 MTIHG@,1<.Y*NGTMR?]K/?R[YK2/$`QPS5K.NPT>E+>97!'5&BAV.5GSM70AL M_>U[41<:PWS@XFFH0-X37?97V^MT<1#0_P`Y=F1(C,>&O/[;R^J*I?)[U)J> MQD^3LUK:HN46`=$PN'CK,,&K\AD.RR_K1,E%%6BTE:9)%"H]Z[VV=&'Z[1^C MJ`VU]6-4>>=N=V_KX=-29P!X=[TKN16?YL3B6H2FR"X*1W!N-@YJH$VL<:G" MW\E`+,2T,"]G6K+.JX%8FX6RH5UWP!;5)6GI#6W)O+W(_H?'.-N=*%X;N#FJ M8D?0.P.I1A1>R*]Y-M>/V#`È75CM&HTO#)Y((C`VH!V8DI]EC0*NZ5RQ<.5 M=V^H`QTEU#XUS4A=M&S/UA['Z\YON;I%YT`:\^N9ZD;67#WLBD%Q$+=+PX+; M"5($IEO4Z]FN<$51(:;"T\[93PVS_P`NF-@,SI/UJX%]!*S<4;>7DYZ_V'`` M1P/)1<K`\52,=(:@D(=91&.VE#9A"++Q-X"?C^,[J(/&&=7&R.%$=TUD]U$= MP#E+M+QNATKFTÔJV_;&E[SE7-LNYY&].=:P>X#MI5A4$IF+.1&(/7KU["K# MCX(V6)M=A.A54"\=;IK+Z[O\/%LNL@S'S4Z"X-!\*!N3/+OOOF2\K(JTP2*\ MFQ?LY@.@4PKXA.R;E]M'93"P<=JRR9083*3$^CJ>&!MG^RQ?\9;\G3&VJX*R
23 of 26
8/15/11 12:05 PM
MJKBRO?/BL:?'=V\]]V07K$AUDPM/IGM>B;'8*<?=.!I!<I"5.XWT3<@FVHI" MH-SBL/4:/)!O9$>%%V*#1[NTVSL[WTV`_P#A.('/9WT,L;U@EYBRJ_XXY;?% M>8_.D)7LRFM2O[E;1678+6E>$O+1È'#TCK^2'&*+-,,LLH'))YV8/6^VXI? M1R`R>Y_%_E7WEWI#^*OS'7/7I38U="9Q'.@JF@;N=00D8-F#(\%7?8$3A^6^ MX)Q*_DP5%RESC4B@D0;Y=.-6?X;=Z`N>>7KSVMXM=1#O+[VW6D!&GW.@IA2_ M3!PF[F&L#CCI=49&I$A/%$-WUF4`3W1PVW<N,Y,1%5'=%PGHF@LS:AO:$EA9 MX6-.`R0\R$,CV98.8$O&Y$66%D6Z;P>2&D&:BS1\/?-%M%45DM]TU4]\;:YS MKG&?@/0^`GP$^`%7MCL6F>!^8[5ZJODPL,KZK0.2"C)@G^0=ELC?K)C8E!HP MTS\M',DF,A=-V#3[F4VZ.ZWWG"B+9-99,,,GDUPO=W[!_>D[]>_1@*U(<KQ" M=.@U94L8_D%HK.2,3;I.(34T6$.TD$7-&5.@307-.]ODE)CGW4%]'2C@SE,' M,'_V)&7,]J=`\U^F7`MF5#4U-V^3YR/="5!'E[;YV)!Y&(U,UMM-(04%C#42 MCEFU$01*L&:*IY0FQV63;M=\H.$D01I5?FOR3?O:TN3Y>1G/37DJ<@.MX0#L M`'TW:G+,3\E5)`>E1:[X3'9+.`Q6`2"2;MFNI-[%7P#4QHP7$[$7#'1$@16! MEO,-L6':\J,4CX,Q"P.B);7[9O4]P>W?I=+)5<`&-0D.07<9K?GM[)VBCZ8( MM7;Y11L("BF`/75/1PZ&.4W*15,"NN[R3Y&Y6IRR_03UWO>[O5&VJDB"Q0>V MOXBLTJ!:9D"0L;!*\I?FF+O=XX/(SN8KL0K46Z=%&#UR0SMLV3QOM]`?9Q'T M/W?87EWS9:W,E-^<_)EF%;"Z8"=U69-*\4IBBN18S0T]GP`BZ=TG%Y#$RI*; MY&1=LF^V<EM1@Y9MNN\^VU6^\U"O1GOO<@WBK>8S*3\:M;8.ÂUD\`0+LK4I M-F/#9B*UI6XBS2_6SH3L4=R\K'W8)TY8#00LJNU*R!)---^DVW^7P#,>!?1U M&R^.[CZ2[2Z$X<D5/5-9W]2&]6T#-'(:D9U!G;*&:QXQ8,$L$T6EU(V?K*9MH/(1XNIIOERJW49Z;MET%E@7%[15[2,NN+DG)?S`Y+M_E"]+PY1@5JÂ9`XW MCDW&M>IK0*03^/ITS1I.%V/L=CX%@P.IR\B<=QQ%4JP3U9.U5/\`0+WEO&WJ MEYIQS0CP7>13TGY0!L2+&6\`]LD@A.VF=?;;%7+T#0/1Z0UB0+N6X9QJ-8@I M,BZ8ZM4L:)I/%-DV^`'JBU(]T(RD6WDG=DWX^Z"YK=OK+MKQ=NR72:KZ5#W9 M(8@I-@#;,<C.(]/(+"&MD'TG9T-''F*X/&$%FI<4TV=/E'`6/XPK<%\'5+<< MNO\`Z9:K>CUDM)/>/HU)>FTLP+H>!$XPV4D$E`32*%RIQW%ZBA*Y)7(<TBY5 M#2]5TF^8.'&CEBU;@''0E]4=^P1$^B8;9%(2R#>?V;'A%'>?_I<:@`-J\JSK MI5N[$G%9>+4,;3T=0USRQX!$MR"Z0T;L[4:C"JC,D^988!7/Z_OHY=W!'3$C M\&/2];>)3&OY#B)<F34XX6<#E7I%PH3#52WDB^V4C$'L803;DX`\VU2UTPIL M+SG&Z[!J@&Y/X"?`3X#^?SZN6+9/[`7LK67D3SW-38KD+E>1G"G1,_BK-8B' M:S.(IJL[CL,KG1VN')[P'"J4%B>7B*:24I*/,?4HW?8VP#/?0N5ÊWG;T=Y\ M2KROA5:W/Y]BZ-9<DB^:\'1`:O5YZR+Y+BAQR9Y.CQ8JQ;;#1X2&A,BRKM]V M2MU1:J2[HRFU*!X%9]&4[Z-=TU5VE4_-^:FLKFFMY-7GK/7'=D?EL+A'+$-` MMD937%E$FA/^+A4[N.)1G2R`,-?_`(Z:S(%)2+XPB,;III[@/=;/J"]8SYZK MD[EJ[B#]>3EN:J0>KJBCED16BSW>]C-C.\GECBP7)Z9L9?%JB%6!E4HBV<,V M#LQH_27Q\R6ZS@4&H:)]&^;W*\)JJEX;?W&U"U^H$<LJ<KP3;=.P&-NP8U'4 ML_VA8?20CF3]OKJ0_+<KM]5,K*N,K*;[J*YWV`4N[]?.;T7K.LZHD_I+`JE6 MKR]:YOR`S+G3J[GV/6`WLRMLF/Z$X9/Y'_>6*R8D^93(MM$V?W\$F37?3?'T M9TW!57(%"7WQWS8:AU%^@W(?6,QG_3G0MAV_RKU=TU6%B5)T-S[/)=/L(H`+ M$CD'>&ZJLZ8`9BQD<MW_`(4\',R%;;5S]EEMEJH'A0SS6G,%KE.X8_:OG"#O MN%>D;#T!J3B>*6GNEP["(\A5)"HY-348D9"-MCL;F4U'/]3V9"TC"`MA)&#/ M9$=JAIMO@#,YBX:H"<5UZ"D?2R4<:EUO2&YX+;EO<TTA<>["D*R#4X+`LZ^: ML)XW-P272.P"96-I2*4'44A:#\UOG;5'[>-]E0MON1KRGTARY0'*G'_2_%(K M6G.BN,YO$*Z']"5D.#B:AYGMJ$2TO&HH/!&32^%04`B:FK!KA'5/;#?&FRFF M/]WP#;Q73?-I[!#8'T'1YG423=!2F15L0,C@:88?1A\)(99GUL,R;/*FOW4% M/I53^K'U:X^>/@%J^@O''%/;F@2VXOT!6W._<%2-TW_.O9]76-$@]JUH>%K; MNQPB0JL)"Q;V16I#*J[,C'S.'339B_=X;X056V4R">)JQ"Ô47)<2=N5_7L" M]=.36]4VD3K&*VT3`T'Z8<[UZ:%V*,!-[&@S]FUDU,VTJN[UV14_,)5M(7NY M=FBGK@DS^`^.Q^L/'SG.(=*7-?-:=-<\5%;[090#OQ_+Q>+U]$;=O.JUFK:S M)Q'^:ZWLPP"(%%U8Y&HV1E+S^M1!UH(TRFJ44);K+`'_`*9\ZWGZ[<^36]IK MRG8G#GI;QK%IKTSRW7IQ$$PLCH+SX9SK1Z'`GMHJ_P!9'$+FH0NFO@>,>MF1 M!$@NWT00W4.+KL@T"_KN>H;[TZX%C\BLHXV*=,4"2;5!T!MC[2+Z2$&C##N" MVJX9):Z:(ZV3&$_K=*::IH*'6!/5'1-)/33`/G^`6_ZX=L-//CSRZ9Z@2>L6 MLRB,"=1ÎF[[&5="5PSI5*(5NWPSTSA5\@PDI=%^[2TSC.&#-??.===-ML`@ M#]:CRJ4U\G[FL2W979%<V-Z;[;E"]A5T791FXPO.P]R[&QUB!FA<.>>`WEHI MOCA)=\BG]_<8;:KH;I.DD7"8!ST7^MS#N(`9P8*,]WW7RQ.K'A#8%(^0;CBH M7H*!RN03Z,"JM@UM<TV*R:5'>T>(6@1$:LYC'B4=(1]SHD]?!LMF:S_(,%[W MIZ\^P5[;\D^=K4(2R90CG</T%Z\=&QN#16%W;T!93:F8^!XZH1-%J090)E/; MZ%5<,WD&&^Z09M'V*6=5==%G3!P&/+GSC;BB5W94M%=FP^V>?Y01LJ@N>[DC M*,]#4'8G+L@Q!XY'K7MV\8#8]*6/(I;%KCL(H+6B!8:20CX?*[K)S`C1VRV= M!I_C?ZS?F33P6;/;TG)6-BP8*4I7F-E/6]-E2U75D9GFP'F:=M%@O'8(N-4O M36$,U7[MUN)5"OOS6PYX7VP^W=!7=B_K;^>XV!R>"DXN2J*;A:VB+!Z1#=N0 M>>R:&]T7<1!`*3Y<5Q-N0HDB?AEJZEQB0F3%"XS35^2U3;AD%5=7VP9TK/\` M*O;C2\3<>/RP5UU7D1E>U-(VGRC#:RMK>K+-@\YA)CIR"7;1UAP&1NI[9U3\ M[SR0DD6`54UL.)-AI!P[PS%O&S`.YB?(-:=*"X7+H#9=<J-K*O/F^$3I*(<K M\JMS->GK)B'=[V<(9K>/5-&"D5T!13D&*NFX%NDT:+%9(1QNBN]W1^8<Z=X> MK1W2K4N6(O`B06D-+B:9TH&AXVC(C]@^,,][[UQFU&M?,I$9$-[J8O`K`;__ M`(60=%+1GLB69(NM0ZNP_,>J8K/;RA1^6G/YJ"2BZ6P]@R@]`#7B48AROFM' M*U/D]8_5NHM!S((AVY)LD&S+[".#09@\TÂVW555#U@?&L%CLCEL:BIF,$R@ MBP8Q7KU.8\C\LS-O]HQZ=R7S^`F`BAVH%]'#_2J:ZU./F[;;_GD[A5=;;&CC M?10!WNCD>HJSAE17E8LG;'B]L/\`S\M!G4]9UISI!CI:-=%<XWA8]D+Q@&M" M1,`91:`6;5@4;NP7:+#,""_Y!C[R[UOOD#!\8^/K2ZMMJM[1Y&C$ZJGJ?F7G M:\YW$NG8Q7']0Y</=05K9=>#J9J^4R8,*Q!)J-G=2NC(&58QNWR41,?E+I// MLN]W8:,>Q*+J3T7XSE7<O,O+T;QW/W1(>7O//J@D3A\?*S3B2Q!MPMJ?Z-E1 M5$ZU7DT<E$/T?H0XJ^:?CO'$<2#D_J2:)*JJ`['B[R3B/(?2$LZBD76G8?6U ME$*@WH&OG?5=JM[(Q5-0.I4+F!2*1MRB$$NB*Q8Q'ANR[QYE193\3.^WU*K* MJ;!F'@P<GX/?LPK1%D)'0SAKTY=Y'1IJP)Z[@`F]H'Q^T?W6$(*-V<6S5/1[ MU4,QU51U091,]MC13?*F<IAOD^`PQ_N6=)B"_P#T*\^W4L&PP%9MG:WW;DK+ M?/\`CX?%1CY:I8-(".6Z#Q]@0TVE,J>NOMH[;?(7I].JF?GK@&+I>R=FU;%Z MU@?,O%O.M6\X@H!"0',+3NWT$I;ARY>A*I`#E(S#I!3W/4V`2291F#'(Z$0> M`B,K4$;$&&OS_'T6WPEJ#%:L]>ZBD?/_`%1:MY5):_+-L<55BYM;H;F^VFXM:=C8@I&B\ABLPK*0QPB2B]M5O8BP-T/`R`6KAL$([(J)H;?1C<,)?"7972% M57K(?0F,K/F/4%O6V]Z*N<(86N4+4=J<]W@:D+8Q7G6$5>ZO24`K2$)NF1JI MKBC@(]`@:3IRU.N45TVZ*(,E]7.R/,_UGY]3Z(#9VJ#O/A12+R>X*!*'8RO( M[NY=FIV-1GH6L`=R5/)5P%P5\-@!YT99/PY54BP9Z.D%!K-0FOHF%]P[O;T/ MYXL+G&JYX[KF'\Z3[EKH'CN<]0R:DIM*2H^]^++.Z=YGJM^,NRH(;,I,SG$J M7CL1ECEA,FS@`V<F27X.6VZ_T?`+*E7:/'-I\-16.3?KGMZC^T*CA<,F]F1# MLRT.J^Y>*>I6J,>?.V\2>IQ"<22`:A;O-D43,?/MQPIP!-#<I,MVJ:&CG0%Y MOK<L7C[F^NN_8-S?2-=%;5[S&](\B2Z3V62KNWPL8C1DQ^>TC'&E=2P?"2// MYYG4C$0\DSAHB@JX?OVFN'R+P:N/!ZUQ6E^NQZ'02I.BQ/2@#SPO>.#)H/TC MM52&0U5T7/9`S8C(Y!&%Y6\_A)$4QV="%R+,B:<)'%7#<SLM_8=TV;C7<*,Z MBIST5Y7Y^K^'6/517OBDRW)-CM>2K7Y)D4GN0#5T?3X#8\=Q$S(*RCFTA@L" MBE71RYGADU)XXLY#3LPT'/&Z#=39VYP'^YW8M1]+DNAKOYWG&L]BI@C?LMD# M#^-D<6DL2`.K)\0*NB*5CUU*<#G-?2_)RNC"'V$FFR#U#3ZFSMZV;X7P'F:3 M%O#K.A"^F1[\^SZ`C,J`1]BJDH3D&RW[&G0Q-B*U9HN4WCJ2/&<"**Y3^6FW MX;;3?&V=--\Z`,U:\H0CL>S^(J3EJZ$=CM[4OY0<W3F:.!P1H:"U%#>2Y5UC M=B<-E;<"ZR-,26-U\$886([;;M54]5,JK,L9;-PT.=W?L/<H\Z5([XS\?Q\> MN&X(L*`5C%#E'0$)*4YVBRV4F+J4P2'-7@U:]RT,ÌN7+5C&FI`Ù=)87+O MDTM<MG0+_P#UIND[JYV]#+CY>O`?.F%7>A:,]N"H)=9,]%6.;LOI>E!K`M<\ M^82>,/5(@5WLL82.[GR(W5Z-R>CZ0AN3?JC%E-@U,3+UIJM.PY[7W/7-O87: MJ=0RPE!KCL/EFIH])*DKR9@T?KD$)_R;8T^K*)3Z=QUTHFV(AXLY-O![K?*# MG5)QKE'(9G?V;+9I_NOAR`=+4*WGU;]-\`7%!Y;;=1W54\BH_IRGZHN9]_36 M,D,PZ?"Q$I7B2%SAHVB@3#;E8ZX??5MHZWV1^K4-+_\`Y*(G_P"'#_R?_<8_ MB_\`3'_._P#%_E-/Q_\`*']%^C^@_?\`K_%_._RW_P"P_3_]?R?]GT_5_M^` MQ+^_/3-+Q3]B$E9=WM6EF0SBOGNMW43J4H*:G8_8%S!H`4MBI*S-,LI$ABL0 M?VS9PHA)LD$M==@K9^W^VKO]A-4%9<C\0F?5"SO1^_.O>BÂC5H4*Q!RF2MZ MSH*8WYTA;-CV+-34)8DDZ18?Q,R%UW6[N/Z)'T$&31*.LW+)M\F*.FFF`9K, M^>Î)/Q/XE<(3XQ)Z1[TZU6Z&YC5"V>)*I2`1YXG+AB=B1*-WJ!);IR1C'XS M-(<U(1P2JCJZ1Ì.6J6J7T9;_`%I/O)WMFEY_#XOMY_V04)0-W(%*M4Y<F.> M@^+%RAU\X_L4VJI&9=8<@=B\-N)`FKL[?1Q&R'T5(N5,XU'XTVÊ(.J[9YWF MM9<@=:V7T91O0=/M2O)4W%3.]+<@8ZU[/BDNE4PJ*+5]3%8V%B=W::3I.<31 MQIK(T)I9LB/,D?NO!&J.K?7\L'_49:W.L*YPF4BMI4;QV^LJR_07FR'7T<Z' MA@@.WMNQ.O[XT?P*`2FT<)AV]F38_"EIFQR_BSP.(TT19Z*O$F^Z&0QE^@OZ M\$AXX%0SJ2L.HX9T-2FDP&2#I:RT*G9_Q?,#Q><R0,WDQ>/U[)9$+FM4O+&C MQ$$34$"--12S#?*S)%OMKK@`H]6:\)6S=42Z#EG5$3NPO+*UE)S>]93`BM)< MF6='J>)22+QJL>'HH*AJVIZLH(QC#6*-T-7/\B_DBCE15FR'ZZ%7P%Y0GAX& M"^6]L>A/3UD5?15BU%)FD>J2+F32#N&2=>1Y#1@4#OY<(Z=3"J[2?R:7-5@R M3S(;^,VV&N2.631==RD'#<!>L/='*,NDU%\<W[+8W!*T1M$)!.>>D(@.N2N+ M3L%C8)8C7-81].-2=9*K[+M,,\<M-!D&>B(T@\![+)?DID';QF#73'6WEWZ+ MCJ&:>DJ<"\[^RW$*C6DNZTH&2&;!83T>8'X*4MH8O:%6#/X\$=B)9&&)`Z&N M09)DD,#%6S8JU<MUG#8*9NCS[[BI(1$>IJR_J7IQREF=Q#41T11.(SMT!*(W M4_3]]=3RJQB]<,YC,!EA3>P9E/C;1L:"R!9PH)_%;.&#=RIN@F%<5-K4G05` MTY#JVG&7CC2G$:ND5EL)*F.B[.U*R\#K^BQQ$6.E#.KWT;TIR2//P9+N2+[L M5]\8<:KH-E$]50KSDWB+JT-6LC"4'YN=5/H)=C6(B'G12",SLX1/VFBY)B?G M]256&M3@FF$ZT-MDVR:0NPD9B#-LE='6^^S;59)T!_\`2_`7HUPIP3!?1^0S M.&4?97GX2@[^G:C*1VM;>NO,6L$XM5$CF/0-_0X1&F.P^`CKA(H0NK8KAY#H M+&]$Q[1P]6T445`6KUXO*=^>BIWSO0[JUYHI:J>9J#C7GK%)!$9K:%==D#)Y M5X:>%[QB[B-E&L6(DKCL`J;ELLFJFSXLD\(_:W4<KL7&&P+XB&UI3#E*W>1N MO[?*'(#%H[TD,Y0NU(\87S1W2M.KJR@WRW);!(NGI\AS'U-O!B#!@"*Z*#U9 MR,$/F2;5QH^4W!D7_90?_P#"Z_H7\^2_F?\`M1_UK^W_`">OR_D/^Q'_`&3_ M`(#[/RÔ^-_H?_+^+\_G\_\`D_\`P_T^`XKKK@D]Z._MC=$\YCG>`\5TF=>6 M1:<ERELO_6:T@G.%.D#A)%O^&^0=DGY)PR&L47"?XBY!^@FXVT1V4WU#;S,O M%C@J4`*R2B]>26A+,J4N4D41Z#YAG<GY_OU.0288)%30D7LVOWX\Y)]9DS"MM'R!;9Ê]*6,)83S\\Y!('LY4M.>0S3@;LNGXH1NB\A7>`Z5V-:/5ULV!:-I M7"SC',5ZBPD3E5VR4?8,ZCH80/74T!,!;5("/)J)NE&7SQNMJ'PQ7]PÎI;& MXT;$<$6\8)R=MON-AL6OVC9/.R#UL3T"/6@>O&+Q.R'NG\OG?1INN%:*/T=, MK(I[:8S](?!VG[8K]U>:O>,`)<&]=\G2R/<Z,KTKN3]$P1F+K*<L:]M^J7/R M%/#.`^\R59FB3%5<5J+*"7S+ZTR&<ME-TE`&GU8KH#:_!5"VC*ZL/V70O,_J MOW%>73]85?.!Z4U/<PD.M+;CEC6]'XZDVV'IPM6>.?LK9PFKN`1)I:IJ89;+ MNT@%W@?]@HJUX(D'/UZ5%TAU?).3*F?;1`&'@,;WYQF7.D;>2&GQ\PZ],(*D MI_(::B<5MH&+D`M2.&D]_P"`&O\`9S_(*.'*0*KQQW8?0M7D+A!66&Z7AM<V MW+^4%ZHHFLK'LIO!!,YMZS[;<&.']H_*<6=8U'#$9H,>2,V>;B2NG]Q<"5TG MNZ>5'(/>]`>4$*2XOYMXZZVZS"\JPV5\R)7!:U3QJO!%T'+7N2@94D[Z_P"N M;&LNQ]&<V?7#<<=DL93@0_55F6^3PD&RW5=,&[1R`(^;8GC*)\,][=_0>JJ> MH"TN9*-AYBC9=T;)!=[79"^KI'-;ND]9GH0->0F/P,;6]@5TC%XW#T7L:'O" M,B8NU-5$VN6[KX!3T)$F.VK?XNI;F0=`F[Z)6Q%*-HV9/)+)H-T&,K.7VI.9 M77L5NPH^MV<114Y%L[$"";F&QYYD$P<ZKK.OK1T9I@RWQ7](K`HCNICQE)%`
24 of 26
8/15/11 12:05 PM
MHVI.I;OFYZLAO1+R.](!J$Z;*R9="A+A,"F1:,EAMA#SP=Q&)$[:G@9,HU(, MRN^J*C)#9V#[KQH>OZ(]JJÔDJ(/P<<PZ9A%@EHI*@]:FE+%'37D_P!'QEKV M!7L+IX8^T6`(5Y2$+T8:$V3>0./QE]5L+EORE%PM*9?MI\\QY,3-P7!/=![G MJ3FW`V&]!FXA"X!!9>,$/68J1R,.]ELH9@VX<87-#4$UGQ-FEOL[SJONU52R MEN"R/1G]I+EKO[C7J+E&G.4IVHVLNFY&R?2[HRR:VK)C&78YVS?@I-%H9$W] MG'++D\:DC<:2'AD=VN':C=3*^Z;9!7?8-'U0^64?>5;!WO-7<_:_,_-5I0&+ MRK7FZGI/5C6NXU'K"&LY;+(_2\DL&H)A=G/L5FCLNL[4&1B2#4A+EQG8;JQP MBV30`0?8#Q"YR(<4RV7\EUC4E(&>:Z_9V<YCNL:D#H+-8CS7$YO.`$=V9AB. M5"TG*E7*RI%R_1=/).YWT_D7F=],*Y##F(M6:._U^+!B*XJ-;1F/^WM/'!=; MI#7'XZ#J7\D7D7/11Z,P]S(<19V0@XU%JELXPZSE%PGJOG;ZOD&L7G%%M6W[ MFW:8Q;=R0WMODUJLR5VT28Z#G+RF^8Y>KIC51138DV1;P=9#&R?RWRHI]6<8 MPGO\`RSN'UA[NXFI6V[MMSC?EVF()"YU84!J>06SV!+CLSZ--"Y++`-4L*MH MFJN>)-)-CUHM`+4BFR?'FR3`:^RZ=.D&[=PHD"J_6R9=WS;R_P"".H^]H%'* MKNUEW\M.#]0U=,KBJLI4<"LBH[RA](0QQ+Z0%6/<@:7.'2C-)VH.U?$E'Y1MDM]CZW"34%`Q.1^GUY'8E"N:N5>Z.@IX<_JHJ08Z0Z8[U(4*0C*P0R<?"3CT MU4O"L?!0@*5?NT';.234FS7?+Z?@I/M%7"ZH,1MCRB[7Y@\H^W;9ZA6HN-R8 MKRKM$1M*TT+B<FD[B>SNTX8S4TD5@@*L@*[(%$A**#,$`1,R]FV_,6UT?8U3 MTRH!!C?0+HKS<LDS61.N&G>?)-@2OJMMHQK]B\CMVP([;7><PH"11:9<S&SJ M$;Z3*J=-;ZAV1-LY$[&A\@69,5FR*>VJX+2B/F1YD=U&;MG7D=WP]H,\0H-_ M.7]4]*$2\)C?/,5)2(J/MRO,R$1;8>V8V'CD0$E'A]B7CDTB+T:Z0VW*JH[[ M*)`SF!>4_<],PF023H'LFB;[&\W!!G0=4\L4C'H/2T>MX#2YR43V$7UT1%*O MA0>:W?+;BDM-0\4Q<[FD'ZKHHY4=''.XK+`F"PÎ/52A;RXEZ9F=I6'';Q[V MZ7"U/4_0TCB`6+-X'1O'VA($R)5WP45MI,3L70EM@N$")R/*-EI`W+N#CPAM MNB&%F%`!SH;S*]&,<BUWT_JW!TUYP7./K2VI'S!4+ZZ9'$J8D$N&1BFX$]D7 M/$\:0^46I=\Ê+9HMC(=`L@U+OM':CID+4;.,AT/Z\K]'C:(>I?<DY+P&.V# MS5Q*;6H2'RS4FYE\HL.TBV(U!97"7$>)X4<0"13=D%C_`.<V17:&2!ICNU>) M:LEE/@/FZ*X%F]1\4S?NOJ"8A"%A]!6SS:4XÊLC965*+7C\DG<<EG95@/[> MMÈ#JB(P#1[!C"3!#=V,D.KU_NY^VDUW0T=MP?\`2->P'WJ1RW')?$M:LN>^ M)OR).KZAPH@<>5O.>C2'`?HWF96A"YD0?3?1A6>TCDNPL$W#/5\MFP]95VQ1 M6WTPY`.^_P#]<[UXM"%N3X33SHO-V`4M,PWA=1P=>@K-E1NY=T)),3Y4LM%X M%")M)8O)&"6@%0P50;);)ZN]6B2SAPE\`JXQ,.Y..>,9M2L[ISO=E(XK7J53 MS!(9-.J:%K>FC4H"/HQ7IV:9C/+\0@LAVB$LE#/=BV?6<=CDE:X;IZ;;)*-$ M6@;FNN>A^@?-FM:3EBO1_#%1\QU?S75]<GHGUHC:.]J6';T99DQ;_2M=:40+ MR)5WM'A8W3\1B(E*CI;+C*3)'5'[RH=GP'Z8]%=FP.T[-M/@F5<V4'#X7.97 M".C)[/=D:Ô$$`<O=`$DA]83J#5U<0B(RV/CUR_Y!8:W0;C_`+6,K**+ZZZ! M_/-8QTRV_7.D]X[),<)&/<."SI+;5F"U^X_C7&UB_D"UOMG,'%A*4HE:;=-M5?99)#?==)MKE1;.P:0_3XH]XY_:Z\R^G##HBU@/1,)@%6.2>45]F&A:6.;' MYO.",*(-TOK;"$IR`).=,;J[)8=Z[[Y^C;73`%9[+<Z0)MWO4%W;6-Z2]8=V M&8X4,\1<7<?2&KZWC7/L"B(T<$G]O/IY,*CL*/UV'>2)XKJ[DY+58L[*$FS9 M%/=%@WW9`/MMPSJ<=P=V/%+:XUZGY][$TC5=ÂU%2[I+MP;W\RG);SYM.`SZ M31D38X!85*JQEL?B"^V[*,Z:(MB+0HLJP<IJ:.4<`\5I^P5Y'-JAAUI2CM>G MQ+^3US!9\YK421?3*U1#F<Q]F;:0UY7$%9RJ4Z38<LZ_$>BM$573!SCZ'&-/ MGKMD$?=Y>UHOTUXY[QY]HKF*P6E0M*DFR#V03E.Q@MYRUU6L^KG<HT!U2)J$ MQ"8^P?.U566</9IL;0RIINJ-04URAL%56\"3D?6`25L@A^.G1/2].QW?#.." M-`$NBC#]E&UMDXX\58:MDPDIKT=#47SUSJW;NBF/S'+A1QG1VMH"_#%8Q$75 MREE%:QIR^#8?S_C94?=]9N'L<M6&F.:O,_:TJTG-(SYL0K&6QX>#M&1Q]Z;7 M!L%#QE`6XU(I;BTG*F0X^\Y7Z,TUT!T3?[Z_+OZQ;PVO2]7F+HA=W)UM9EE0 M6CNP:AX\K8*-I6(QV>P!M(H??)=!Î&7R!?$M+O2KTHH\0)?9?`$OGER127J MOW%"8V\`YH6E(I(XM9_4T>FUN,605S7@R/P^NK'68RXD54ED7M6Z;Y=ND&PK M+1HJHU/HJ;.G"C/1?X#0!8/KG.R\?ZLJ*Y8E$+EGU4]9Q.IK_H%K.@U%XY_B MU*29X=HTCQY`)X!F<@M^LJKD-4'7]E'28!W(GVI-F];(L1;1#9@"9?'JG[WO MS'6,7XX%0"\U;$\^7$5O.OKMBDUMEC7;@478EJL955+3\:B]:)W/"YQ#1SZ" M`B*+D*V=(ZM_N/41I`J)"P.F[P@<V2JNEZX;KVCSCS@"N#FSGFL^H"DFEPOH M"Q)J>IFHICTC/88R&PZQH=8`"224K9;H"?/%UXX4%(LF8L4CNZ:B0>M9(@K3 M_JGS0\TGMMW-$^<[OHN',E+2>3MI*7QNO^'?1/:=K@(_*6"(J/`90;'I:LW* M:6C-XT19JCU7Z"N%U`<95_O3QW(9:7AMX"9QS%L"DHR(E[(L`G6LYH./R0XF MKL"`SV[*:G=A1*GC!=PV7;()3?\`K2;AVCLB@HLI_I\!]/JI8L,O@GYX<)Q& M4@)3OW#V#54TD[8$30-,C7,/);[3JFV"[9Z$=N$]Q9U]68,,DXSJJS5P34^> M?EIG.`5ST\7\U[>]+(]U3U-3W6?/8YY+I!3_`#3ZMR*VH#%.464ZH2#S9H9B M\/:&RAR)00&0(`3KN,2.0!W*YZ1M55QJR*:2>=`*&U.M:YAGG3ZE=>U9Z&V] MW32<"YW,4)7R]AQVLQ<(C=TO(N9&[/X-:]?554L=NG,KDMQ1UB^>MFY'#!<: MHP3=JKZ[-VX)`_P%K_\`#X_S-_A*N_[?_G[_`+O?T[Ô._Z5_P#U3_CS^8_J M'W/G_`?X+_\`;/Q?N_1_!_\`-][ZO^;X!FO[@_+Q6P>#:B[#@C4@G9'$]W!3 M^QP5C;\H)6]J.1,;.D\_9TV6RH+L@+$7":F?]K9/5??/RQG;/P!P1MO>/I5S MSR)ZC^>_6L/Y?ONQ.<!=86/FQZK`W+4\A`.94@4G-?DXZ_="B43GM;W8&(-6 M9-@YW1<I;+M5FZVBC5PW!,UB]1$."NQP5TV?ZM&O5SMF.#G,.Z$Y5IOC[6P: M_K?D0Q,8J5Z'%P9[5<E*0GG`K!HZ"UD)IZNFZ*FLQYDR(,6S=51?8$X=!\W1 MCDKI7HCC=(OJIS+9\[=])\JA7Q>_;!K^\>5[U`M9Y7KNBN>^8@]?&>AYC7A> M)*-"#Z:V6*@[/8,ANLQ02T7=JAT_*/GM>@#D/UEMBFHYD]SU5'-=B!HQ*"EB M@YD7)%0$A'V--*7%2ZEPJ=<7CI"P40V.2/8-(24+C!MYL-&:OC6SXHS`Y:R[ M5K&8]K')")/E9I4(N^Z''INZ^(``@0!9'0OL':76?.DV+2N1#U&CFMYS2MMI MK[M]'2S@8YT5T?89KLLXV#DKLJ>)B*"I64S65#<U'#^)D-3X:C)T\=S,X=+^ M%>!RL+?R@16I>"A8G.648=&4I/C4@)(LW*2BJ*:SE!%8+0CT:RXN+I!V>(RO M:+D.AW4::JB!@,JWA+K;]EBFOZ=%A(]X6B3,5$GSV#N-UW;EW]MDN\6W^>^^ M[9JH%$3/@RJ>B9?SE)9G.73&3.YOS-%(K=-:O1E=6#$4Y1`?7[I5Z:#FH\X+ M1O67CYI5D*T-??0>OAV8HHDFY0SJII@.7>]`JTV^<UIZD\G1#OVP)V"J*2V' MVS1Q8-CONI`)SAFF+]G(F-:QQZT>J,ZLHO1TBXE3*4"4#:3)P8=).,JN$]P< MOSE[7>-_F74E:\\<_06Z%)!8MLV&-+5C'X)#L=`,)PU<1%4T4ZFA1MY2#&J; M!DTA.K@1`])NL+'HAU,_-LT1WTU#.%Z'=NL/1?I&.=-TU2M\FM)"SC,&JKFZ MI6J%AA!%Q1@Y`[#/2M"SX2`$H!I^7BYM#$J$Q9%V]V2:C-'99P@\7V%@_N66 M=F]_5*B:ZKXW)IO:V;C/@;4A-Z1>(A2;R9UKPUTVO84.D4?&1%I+(B/"HW0. M$L)>NT.#8T*>BMVV[_+W#9Z%+3V&VBQ(RD:SKR0!Y-4:JT#.R"PB!JOC/.9A M2/QX+MST>FETV+T!5C$19K(VF4'Q^9-Y3RU;\>T9*@58I(TR"6X7'P72LDX2 M,]6^D5G4S5]9V+/0M.\%\(-B<7YVX_CG3,PO::@396VK1CO-TÔ.BH9L4M$J M-:-9+#2*`]>&@"#S`[==;&N@?OL;S6Y&A<&N*+U)TEU%S&_XV5K.[ÊC$EBT M_P"]/+V=2+:'0J:D9"7IVWI59D2D"X!S8*<A>L7S]G+@H;+LIAA^#NP>8"D/ MV!I%?\7X%\Q_'<G+*UE'5_7]SPY.Q]J,A0>N:46C@V<*"X!&P,)`QV+HQB%$ M+*G(509C08@HOB).EE\96QOML&M[_H]6'_CW_P#';]Q?_%'_`%1_ZI?R7X[7 M^2_KG^,/\:_V7[/VOP_YSZ?_`'#ZOH^C\S_=\O\`[?`7U?E)P+I.D;;Y]M$> MJ3KJZ:[E]93-FV4T0>[1Z9@WH$BN-=*)+ZLBS-![E9HX^C;*#E/13&/GKCX# M#AXR1)I1-@]^?K(^D;`T+`W,YFLLYM./G.0[&>#'@_;=^;J<FZ8;:ZD3P:*# MIQ&'":BJ#4L%(I*):ODE$-P/6=]!\E>7/,MS\I4EY&W%5G.S64SSEJ\>D.BK M!A_)U56X;$UF2)NY)*NBH(=M+H*<,[@A[+&@$FP`HIDWI1`2/RV>J88I!REH M<H65ZC>2?/=YV5SQSOQG?$>U&#_./G:OK%E=>,K/Y>DD49?A\865,4Y/!U4@ MG5]7QM=HS#,%!^&3++%531LLJ]:H@^CS1ZLY(ZCXI#+TM7D9Y^@U.@RM/W3R ME)1@",.^7)##VCL?-*IL2*[(,1XH.S;(+N47CENW0+"U<.U-$]]UTD@_FK]/ M<[S6/=2SBZ/,.,EC_+5=6<*G'.J`X3'"$NC%=IRF[+8CZ[RL9`(%EK[C!MW6 M,OG,2V5Q(BH:NAXQZ_V9HN6>/@*G'>AUB2RL9I6UU5C+8BE2W..*()*ULQT# M$TUHOQ2;X5IYO=\7D3UF><QX>0*MUB[G&=M!KYXHFBUT6>XT6!R_/O9E$3XW MWMT#4LQ=R-OK=O.,U'.%(N=!2N%0XY[Y-[['.QVAW8/C8Y-(1/8Z80'#]WVR MB@=RD01T_$SMJ!EU5)Y[!PE*1V.C(_'R5==C<JTH/BK\\PF1>*F+!KKV!H:1 M6BT%2"/2-K`&LDZ,D;]1H5;,UVVHP:X=[Y48)KXV!=5CIV:A0D6G*LFB!1EI MR1%R8<&TFR:QM%6Q?UR9K!1BP0>'7?1Z,8`$Z2E3E02*T8Y525&8?)JHN&.K M0*E[LF/`%ESJWFG34W0$3I_;?8U@LY?!"3*665I8%HSOSDG<.,R6/1`FX:.Y M`+YV<6&B&_FW20MS*V3P&JJDJPVWT"Q/.'URO;DGFV]*KX>J.B)9)15KRNEJ M(,9YQG!GKJQF%FA+)M"&7':@BK7L@0M:6CF]:Z,GC8FHQ:QQT1;XUT(L45FC M4-"/C8%4*^@JUC=RQ..UIV2]YT6$\O0&/-JU/B-`$J8QFY>H)G9]S5M'(Z"L M7L6Y3%G,;`+#$$TAPN)2O9<0GNV7>I#@.3U)?#NJNL>>^`N8'=BQ7LQ=.,V7 M=74M+V--*R+\><9?W@<YL9"7R:"/6Z$JEM[#`CR/1:(&L;MM522I;.6OR04= M`*-[]"4,YFT;\]*DAE-JU3R;)*JYWAOFCU-R4^:6OVC5)A1&HK+D?']YWW:< M3C)K^"ADA<8`%6:.BZ[D._=&77\0_:OO@.<\Y^1]=[:ET6XZEW37"?(%4="% M6?HKY6=7AJ^L!..$T(3'[)KV1TC/G[RT'Z-7W+K'P[8Q^.?>M2@!8AHU<:I: MM\[`%WEDDV]B_P!A;J_TDEX&22&@N.F+&/<PDRS1DZAK5VDR6AE2L=%&WWAV M"^P1T?G::&B[AT/*OTE%?M[X2^`W7?`3X#)#^SIYEV]:`:I_5GBU21L>ON&T M0A0N-A8]0A*I=5T1EO\`=`DGCS1NFLJ]D5,'7S\HHURDKJ0".WNFVJFS=!!4 M/MJVY>;/V$.-J*Z_D&;_`)M8'$IX3+.N?-REK!PO'N@)5"DU99&8A)*DETIA M5>3D+))4!;R2*OG'T;$$6[R/[K[N=5<-`69>_2'7GH#UW%I#TOQ#UO:T=;\W MH=0^<O`/)EHXKI:FDI+-977=0].=R2MB^`F819ÎP:T)1YT.?[[Q=9I\]F": M.RV'0'7Z4>--OWURG0UVXZ#B_.WI_=E+4;2?7U>E['95_2'I9<D0KQK*]J3L ME.*'(E#9'9SL]!7^@AXAKNS(,&ZS933#9-!VS!!M3=#1^-3QS2U[\V1F*=.5 MAN[E<MH"=1%VRNNUND2D[K<E%*H@%9`M!X-%Y<UY0*M(E&XQ'Q+2/0'FZ%/% M52!%0[E+`;=[S\JO/NS..HCIZ15-5]Q2BA^88F'N?JR3)E0]MY9U!7FCJ;SQ MQ=XY\RM?`Y%X.(%MM711?7;"FWWM%?JWQL&"2G/(*(]3:F-N7;5=UE#8W<4> MDI*BKF>P]64"Y[.-:_S1--"NJZY`%9.(G4X'=`Q:,,=G`%T&$'ADC+$=-,#4 MVSD+4HWI&24.]K=_8Q4QI1U?7[2$IZ&CQ5H0M?H#A>1TS-.N+-J".FVY0@(6 MO;GV[9)U2]?,[+RL3#*IO6^NSG=Q]+8B!'QGD*R^B@W-=*P6'A$IC5_.W.JMYT`GT`,:Q)M9D:YS=\G1);M/IZ$+N8GS7$[G4?D1\0I^/*2J;6"-DI1H9<1Y MLNTW8@0W$WG'Q/U1TC"Z0Z+L.P=8!:=82.+C^=>=FDYH#ES!D&[C?2<#JYJG M.R\VZ,*QYV%WEY%EI(9".*,9C!)6.U;#TV&&:P/@]..2J0X+X:CTXX@K.H^3 M6]=7!0D&G<DK6'L(M,B53VE<$5@&SA&;BFF\J=S.O[9E,:G3$J\<.B&7,:4; M?<W2?NT'(9YXK`.IÔ>H=N<.-8!(@5T58GA.ZK;'V,4`5WP/:QZQ+'G)\J_L MV*R9Z8"="\F="3.V8E%8P&5D(J>4Q,VHUVBVU&*[;@U(3U!S+YQU7%1'-O1? M01*#SRR+@7Z:[V%\@R+KZR^FÛZ_E46Q-(A=Y5^Y9'(6EL!?.-QR'\=JB7CR M^VX,NTRTV?OP9=75P^;W[È(S>!D(79FING#`P@DSLB&'J$Z5I(_)1Y%K$KH MJ(^V>.#D5U+N!#]NT)BWZ[9PL-<,WZ*J.-D%00CZP].6OS[7=4>`_#EZ7/W' MWWT_.!#;J&];.F9>1V+K'32XMV.KD[(&AK1C"-3\)"LVQQ!%=%F"@0]TY(9V M<EG#_`:F?*WSX@GF1Q35/*\0V#%9`#;.)5;TX#,'#!&QKAE&K=Q-)=E-ZHL0 MV8:[MT!@O5QME9`*.9H[?+*?R^`8G\!/@/QG&-L9UVQC.,XSC.,X^>,XS_IG M&<9_TSC./@,&/ICQ%TGX"=J$/9#S)BK8QR=,'+EOUKSHFLZ1AT-0FQQJF:&$ M0K!UH]1J.5R9ZW?A73%/;$-D":2?V]1VR#?8-)_G??G`'<ARWO4SDR7RR93V MSJCK*F[LAI#=\3F=9-Z<VF<O!PEQ5R#<F<CDK(;35S]Q,4LZ%2'9JW78X65^ M\NN"K@\@I/VVOJ[NVNP'F(-Y"^:9N;UQ4U:VH1DM7M[2Z%`@&Q"V>DKS"D]8 M?+8*RJZ.'V8V.A'NB1!)ZO\`=SENOAZS<@(\7L>INY:&\W:^L?E._.T>DIV" M[3O6H[RKRS&5)^DO-W(5#=(R>+\H7PRM^0N(=I*%)1"F+,<SS(YÈF4R%LW< MZ8(.U55_@.8ZFAGI?TCSC2M6U#W-4?H_S;,).>L8=R%TM_$\:>@M]#:<E4TC MSFG+@CAE]''%Z0&N[;AKQ&2-&FX)Y)MHYN@BYQG9%RD"V#';JG&-IR&S>BN7 MK>Y;NAG/)E>1!>?<E;TTYZ8N^D:1M<C1Y6;.XX#-P]8A='7G6I4XÛ8$-P4"
25 of 26
8/15/11 12:05 PM
MA5?1]JT<OWJVJJ@$WZG3CB<ER'R9V!QAVWQ=*>M^;.7*NX<ZMJL9.8V<CO0/ M/<ZKL!3TF%F:EW!?SLV#5M,#VC]@NY"X:,F6/R<Z8="F**8=AV.SY/\`-SA' MCVHZ/ZRY_,]'RF.7],NKI`#Z186B\L2Y^@N43]G0JP)[I%R2,CF`"07E4,78 M0V2DPR(YAC#1UG\#+S9Q\!R0N`=4=%RO2>^=G.OH&:,J6->UA4M=$HKW?FJJ M*UM/7IVV+CY7N+24W[*U8],A,6JWIF?U=8X5!CMDB!42W9[J[-T<9!E73/\` M>.I(Q<.WJ;ZÙ7:5:5<A4!$OY->7DU:"DIQ([CLZ.TU3D(O^_#;X+/)<//W( M?$,'B&R@0&.(*Z$5%&;?5OKL%OWW+>P*^(U5Q!S&N]\E[MJ>"*WG4-)<X0RG M.O:$[$H<2\1:W.'@!:Q:JJ.12#J2C@";D@_B#]R-4DFZVCU%R^RX3(,PM:A) M'ZE@KQAUJS:N:3Z,YP[!BK"#6;U]YT%](X4+Q@O%70^CNII!3=T2]NYAEK59 MHX1%EW`)O+$2D;<)??TT5C(T<^`2?4ST@,^0Z3VLHO:\Z[Y]CNK:ZB-3A)\C M7<,AHNH:G:2^:J5>W$U!6(-R!;RQX<F99R"#;IF"ITXLH_?*ZBTAXM0"N\`/ M&<_Q<#EW<78OY,S]!.J47<PFBDPT&'#]$CIF5*R*0QI&1)(:9>6A8&Y-NYFQ M%'1'39\AADAC[*2ZKL-,7P$^`GP$^`\>0QV/RX`:BLL!!Y/%Y(*?@I%&Y",9 M&@!\(5:JL2@8T')(.1Q4429+[HN&ZZ:B*R6^VF^N=<YQ\!AA[S\1^S?)7H,G MZ8^%AF4KQ!D\5D%R\>"U'QYTA&OY/!DY&HY"FNR&UP4D\PGG"D<SMO(P6WTK M"U%OHT5'A>W'/;OA-[DSX,7[9YDINBO0`09'`"53V_,9-%(S<Y\(U1_C7290 M8_@D'NQ1$OA5FBÈS)](6F&NJ&C==OJDIL'U'^,9U7_5G0-U=WU5VI"^G+]N M6G:\Y*O+S&>6*;YOHWCJI"4#_AJ,82*OIA5SRM09N(@'Z,TUL(`)!ZMF6Q<6 MFHYU5UW#JCBO-797HM3I-=G#K?X=]XN8![FJS8T&V%WK0UR>>+M*RRD?3*MD MRJD#B$@0>$$C39LHDMF3N72:NZ.[??=X!Z>_?;+CAR,<)2+/34JYQKVP>J$8 M9>Z$=K&L;=:R[G@)`)#,)XDE"I]5]FOW4L:'0($6&69HH-$%#JN7V?HRDNW" MV>>^9Q9^FKBZX]#J`XCM0-)&LEOFG*O@/(5;3:<5%2Z0.6FHW'938S<285O> MVC57E&#)[N("L&V'R:[=EL]1<Z[8``H5>DHM;R4F79O'7)G&_,?H9S/:)NK. MC*(+\QUVT!!+/KZPQT2L2G)$_?$848K]F\C1\3)-RFQ7;9EHGJBIMCY*;I![ M\?M.G/4GL.I.;^LR5N4+?\+BDY&]9^=LDNN:ZP!:W^?YK2LXB16,U?EYFM[E MYZNVLR4L53D:3974D'V0Î1-TDGMD.,H?CRG;`BWJYX.2!6)TC)ZQMLG>_#D MQ&"`3&21ZC>E)2$ZAK!Y7"#MWF0R0+1%XU\D./:,_MZX:C&"*BN%=$E$@.U8 M#VI?N_$<H[BI6)\B27S]N-;I.]>L?\R4Y*J+LEG!:MLVHY..JA@PE",]BT5N MV-6"L8*.)>(CJ,5'H*H_^K=Z-U-02)TI[K1&-R^<<#_KL51+>DNG>CK6M&QI MI>N@^02V#Q^>3DR6,SDY3<8FKI`"Y1#[_<=)D%68RO`S331UHD1PJX4T!GWB MEX)[<0R^1]L=P2\+T?Z&VKHX+%Y@_P`*2L/3KN1_20E"T?DLA37)2JVI"^65 M2,RO&K?.&V=V+#75LHZ7?AI@^`GP$^`GP$^`GP$^`0+ZA_KG<$ÊKV3V@X!/ M>=>HCJ:KO>_:G9M4MI*=ÊCHV)6K7ZRK2/6#OHBQPFHZU4&F5-=_]2'RUTUP M"'(P%_9V\*G;X$"CJ_J9Q;'WZB(5DWVD-NGQH-97=9-8,*9.U>D:S=-V*7R4 M:83D$1&J[YPGA?Y_<V"S>1_V7/%M#H,I=%\<%F.'.IS`)U%)I<X&J(W8R35( M@Y=&9*-(R&%@X[:31R:,9Q^:MI%=G3]39/#M3;1+&VH,2NRZ?*[U8Z1YINAM MZB\92JH:+AO04,4Y&N`6(CG^3D>D:\3IRP"9AS8%GU1.@Y?2,%-&H5;4$Z_" M6<+;HZJ;[YSH%P4-0'1R7G]"N"Y;UWQ=?,?A]C55!6,_@%U6W5\Y?<7UQ,P1 MR40A&95Q(2$O$7)%(HT#@!11F]T06&+::D%M7._YC@/-">?03G28>HL;BG3_ M`#W47)?HO5I,='1,^N"RIK;4)Z9+0%W$9)=1.?678^KTXK,L'R!$NST+K.]G M8P<HW7;IX<)9"F;W]-_"NN+2YAZ6Z+[PJZW^X.+0LD`H7%RY!SQ,O;^DDA!F MN)W!I*+@0NT8N3@9Q64+%&8EW)-D@Y9++IF^0U_+PL"M[E_95J.UÊI(>\>_ M*I_T'V?/X]_6]NFK(J#!>UE6K,6U#CF(2%U2RF%G%X>D.;X2^V[D4?9:[ZZ[ MN6WVL*;9#H8MXM^Y?L*_8S;V#[(DO.%"$##<SKR]"'81Z<W:-M,Y:Z-:P@KA MK3L-<8QKIAJ0.N)"<;?5MERUW4^>=PUG<(>:G&GFY7.*YY.IP)!]7FBG]IGI M+/\`8[4G;A99)PJO,[!)Z*'RS?"Z&FR+'11$8S^G&&S9'7'R^`._X"?`3X"? M`3X"?`3X"?`3X"?`)M])O_!C^,=_\F7_`$2_M'X#7\__`"S_`(^_S[^%_'NO MX_\`@/X'_P#>_P!?\?\`<_&_B_\`D^GY?;_U^GX##?U3K^GYL9DFM4J^C2.V MRY?5@MS,AHYBZ3G+#3#902VZS<-"K@;H_P#GE#195+ZE<;8VWU;Y3S@%8/H] MX`*/7:@VW?8=H.W<K;,6K[G/BLB];--E-LMT';]OU*+0>N4DLXUW5T;-]5-L M9VPGIC/TX#]\8`?K[M'+3:96Q[''F>C?;5Â&.>^*(DY<NOM?+59H[*]-S5) MDWPM_NRENBXVSK_M^YC/^[X#2#PA_P##)^MC_*?VW^Z?)A]C_O?_`)D^C[G\ M5K]_\[^G?_H'Y_=^[]_\C_C_`"OG]G_C_'^`VU\:_P#0_P#QDW_Z!_\`5C_$ MWVF7_P#*O^+OZA]7XVGXG\G_`(O_`/0_R7X_R^K\K_U/S^?U_P"[Y_`%]\!/ +@)\!/@)\!/@/_]D_ ` end </TEXT> </DOCUMENT> </SEC-DOCUMENT> -----END PRIVACY-ENHANCED MESSAGE-----
26 of 26
8/15/11 12:05 PM

2010-12-16 ACE Limited (NYSE: ACE) 8-K

Transféré par

Informations du document

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

2010-12-16 ACE Limited (NYSE: ACE) 8-K

Transféré par

Droits d'auteur :

Formats disponibles

http://www.sec.gov/Archives/edgar/data/896159/000119312510282567/0001193125-10-2825...

Vous aimerez peut-être aussi