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BP » Topics » Section 5.7 Requests for ADR Certificates

These excerpts taken from the BP F-3ASR filed Dec 1, 2008.
Section 5.7 Requests for ADR Certificates

A Participant may, at any time or from time to time, by submitting a Transaction Request, request an ADR for all or any number of the whole ADS Shares allocable to his Plan Account. Such ADS Shares shall remain Plan Shares. All requests will be processed promptly by the Administrator, and in no event later than thirty (30) days after the date on which the order is received, except where deferral is necessary under applicable state laws or regulations. The Administrator shall promptly mail the requested ADR(s), registered in the same name as the Participant’s Plan Account, by first class mail to such Participant at his address of record.

 

Section 5.7 Requests for ADR Certificates



A Participant may, at any time or from time to time, by submitting a Transaction Request, request an ADR for all or any number of the whole ADS Shares allocable to his Plan Account. Such ADS Shares shall remain Plan Shares. All requests will be processed promptly by the Administrator, and in no event later than thirty (30) days after the date on which the order is received, except where deferral is
necessary under applicable state laws or regulations. The Administrator shall promptly mail the requested ADR(s), registered in the same name as the Participant’s Plan Account, by first class mail to such Participant at his address of record.



 



These excerpts taken from the BP F-3 filed Nov 18, 2008.
Section 5.7 Requests for ADR Certificates

A Participant may, at any time or from time to time, by submitting a Transaction Request, request an ADR for all or any number of the whole ADS Shares allocable to his Plan Account. Such ADS Shares shall remain Plan Shares. All requests will be processed promptly by the Administrator, and in no event later than thirty (30) days after the date on which the order is received, except where deferral is necessary under applicable state laws or regulations. The Administrator shall promptly mail the requested ADR(s), registered in the same name as the Participant’s Plan Account, by first class mail to such Participant at his address of record.

 

Section 5.7 Requests for ADR Certificates



A Participant may, at any time or from time to time, by submitting a Transaction Request, request an ADR for all or any number of the whole ADS Shares allocable to his Plan Account. Such ADS Shares shall remain Plan Shares. All requests will be processed promptly by the Administrator, and in no event later than thirty (30) days after the date on which the order is received, except where deferral is
necessary under applicable state laws or regulations. The Administrator shall promptly mail the requested ADR(s), registered in the same name as the Participant’s Plan Account, by first class mail to such Participant at his address of record.



 



EXCERPTS ON THIS PAGE:

F-3ASR (2 sections)
Dec 1, 2008
F-3 (2 sections)
Nov 18, 2008

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