AGREEMENT FOR SALE AND PURCHASE OF SHARES OF ... - NIS

dure"
"Transaction"
Takeover Bid Law, published in the Official Gazette of
RoS No. 46/2006;
means the transactions contemplated under In this
Agreement;
"Transfer Closing Con- has the meaning as specified in the Clause 4;
ditions"
"Transfer Closing Date" means the date on which the Transfer Closing occurs;
"Transfer Closing"
means the sale of the Block of Shares;
"Treasury Department" means Treasury Department of the Ministry of Finance,
7-9, Pop Lukina Street, Belgrade.
Unless otherwise provided in this Agreement:
(i)
(ii)
(iii)
(iv)
references to "persons" shall include individual persons, registered
companies, unincorporated associations, partnerships and any type of
legal entity;
words and expressions in the plural include the singular and vice versa;
references to "Appendices" or "Clauses" refer to appendices to and
clauses of this Agreement. In case of any inconsistencies between the
main body of this Agreement and Appendices, the main body of this
Agreement shall prevail and
headings are inserted for convenience only and do not affect the interpretation
of this Agreement.
2. SALE AND PURCHASE
2.1. Sale of the Block of Shares
The Seller is selling to the Buyer and the Buyer is acquiring the Block of
Shares, together with all the rights arising from the shares that comprise the
Block of Shares, representing 51 % of the Company's total initial capital on the
Signing Date.
10