Exhibit J
Form of Global Certificate For The iShares MSCI Emerging Market Index Fund
Unless this Certificate is presented by an authorized representative of The
Depository Trust Company (55 Water Street, New York, New York) to the issuer or
its agent for registration of transfer, exchange or payment, and any certificate
issued is registered in the name of Cede & Co., or in such other name as
requested by an authorized representative of The Depository Trust Company (and
any payment is made to Cede & Co. or to such other entity as is requested by an
authorized representative of DTC), any transfer, pledge or other use hereof for
value or otherwise by or to any person is wrongful since the registered owner
hereof, Cede & Co., has an interest herein.
Common Stock CUSIP: 464287234
Certificate No. 01 See Reverse for Certain Definitions
iShares, Inc.
Incorporated Under The Laws of the State of Maryland
iShares MSCI Emerging Market Index Fund
This is to certify that
CEDE & CO.
is the owner and registered Holder of the number of fully paid and
non-assessable shares of the common stock, par value $.001 per share
("iShares"), of the iShares MSCI Emerging Market Index Fund of iShares, Inc., a
Maryland corporation (the "Corporation"), shown from time to time on the records
of the transfer agent thereof as represented by this Certificate which shall be
all of the outstanding iShares of the iShares MSCI Emerging Market Index Fund of
the Corporation (other than outstanding iShares held in registered form). This
Certificate and the iShares Represented hereby are issued and shall be held
subject to the provisions of the General Corporation Law of the State of
Maryland and the Articles of Incorporation and By-laws of the Corporation, as
they may be amended from time to time.
This certificate is not valid unless manually countersigned and registered by
the transfer agent and registrar.
Witness the facsimile seal of the corporation and the signatures of its duly
authorized officers.
Dated:
_______________________ ______________________
SECRETARY PRESIDENT
TRANSFER AGENT AND REGISTRAR
Investors Bank and Trust Company
By:_________________________________
Authorized Signature
iShares, Inc.
Incorporated Under The Laws of the State of Maryland
iShares MSCI Emerging Market Index Fund
This Certificate represents all iShares of the iShares MSCI Emerging Market
Index Fund of iShares, Inc. (the "Corporation") recorded from time to time on
the books of Investors Bank and Trust Company, as transfer agent (the "Transfer
Agent"), located in Boston, Massachusetts. The registered Holder is entitled to
all the rights, interests and privileges of a stockholder as provided in the
Articles of Incorporation and By-Laws of the Corporation, as amended, which are
incorporated by reference herein.
This Certificate shall be transferable by Cede & Co. as the registered Holder
hereof by presentation and surrender hereof at the office of the Transfer Agent,
properly endorsed or accompanied by an instrument of transfer, in form
satisfactory to the Transfer Agent, and executed in blank by the registered
Holder hereof or his authorized attorney. Except as otherwise provided in the
Articles of Incorporation, iShares represented hereby may be redeemed by the
Corporation only in aggregations of a specified number of shares (each, a
"Creation Unit") at their net asset value next determined after receipt of a
redemption request in proper form by the Distributor thereof in kind, in cash or
a combination thereof pursuant to Article 5 of the Articles of Incorporation, as
amended in accordance with the requirements thereof, by the registered Holder
when tendered together with an instrument of assignment and transfer duly
endorsed or executed in blank, together with an irrevocable instruction in
writing to redeem the same, and the Corporation will thereafter redeem said
iShares at net asset value next determined after receipt of a redemption request
in proper form by the Distributor, provided that the iShares to be redeemed
represented by this Certificate shall equal one or more Creation Units of
iShares as provided in the Articles of Incorporation, as amended from time to
time.
The Corporation has authority to issue stock of more than one iShares MSCI Index
Fund (each, an "Index Series"). The Corporation will furnish without charge to
the registered Holder hereof a full statement of: (1) the designations and any
preferences,
conversion and other rights, voting powers, restrictions, limitations as to
dividends, qualifications, and terms and conditions of redemption of the stock
of each Index Series which the Corporation is authorized to issue; (2) the
differences in the relative rights and preferences between the iShares of each
Index Series which the Corporation is authorized to issue to the extent such
rights and preferences have been set; and (3) the authority of the Board of
Directors to set the relative rights and preferences of subsequent Index Series.
The registered Holder hereof may be required to pay taxes or other governmental
charges that may be imposed in connection with the transfer, redemption or other
surrender of this Certificate.
The Transfer Agent, notwithstanding any notice to the contrary, may treat the
person in whose name this Certificate is registered upon the books of the
Transfer Agent as the absolute owner hereof for all purposes.
See current prospectus and Statement of Additional Information
For further information concerning redemption of iShares
____________________
For value received _______________________ hereby sells, assigns and transfers
unto _________________________________ [________] (please insert Social Security
Number or other identifying number of the Assignee) all iShares of the iShares
MSCI Emerging Market Index Fund of iShares, Inc. represented by the within
Certificate, and does hereby irrevocably constitute and appoint
_____________________________ Attorney to transfer the said iShares on the books
of the Transfer Agent for such ___________ with full power of substitution in
the premises.
Dated:_________ _____________________________________
(Signature)
Signature Guaranteed By:
NOTICE: The signature to this assignment must correspond with the name as
written upon the face of the within instrument in every particular without
alteration or enlargement or any change whatever.