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Uster Technologies Ltd | Annual Report 2009 Uster Technologies ...

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2.4 Shares and Participation Certificates2.4.1 SharesEach share has a nominal value of CHF 9.40 and each share recorded and registered under a shareholder’sname in the share register of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> is entitled to one vote. There are no preferential rightsfor individual shareholders and all shareholders are entitled to equal dividends.On January 1, 2010, the new Swiss Federal Act on Intermediated Securities (FISA) became effective. <strong>Uster</strong><strong>Technologies</strong> <strong>Ltd</strong> created the uncertificated securities book (Wertrechtebuch) pursuant to art. 973c of theSwiss Code of Obligations. In addition the shares of <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> are registered with the SIX SISAG and will qualify as intermediated securities in accordance with the FISA.2.4.2 Participation Certificates<strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> has not issued any participation certificates.2.5 Profit Sharing Certificates<strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> has not issued any profit sharing certificates.2.6 Limitations on Transferability and Nominee Registrations2.6.1 Limitations on TransferabilityAcquirers of registered shares will be recorded in the share register as shareholders with the right to vote,provided they explicitly declare to have acquired these registered shares in their own name and for their ownaccount.2.6.2 Nominee RegistrationsNominees are persons or entities who do not expressly declare in the application form to hold the shares fortheir own account and with whom the Board of Directors has entered into the according contractual agreements.According to the articles of association, the Board of Directors may record nominees in the share register withvoting rights for shares up to a maximum of 3.0% of the outstanding nominal share capital. Shares held by anominee that exceed this limit are only registered in the share register with voting rights if such nominee declaresin writing to disclose name, address and shareholding of any person or legal entity for whose account itis holding 1.0% or more of the outstanding share capital.Legal entities and associations or other partnerships that are linked by capital, voting power, managementor in other manner as well as all persons, entities and partnerships that are acting in concert with a view tocircumvent the restrictions on nominee registration (especially as a syndicate) are deemed to be one nominee.2.7 Convertible Bonds and Warrants/Options<strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> has not issued any convertible bonds, warrants or options.30 <strong>Uster</strong> <strong>Technologies</strong> <strong>Ltd</strong> | <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>

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