Amendment To Shareholders Agreement Template

2. Dezember 2020 Aus Von ROCT

Should a provision or other provision of this Agreement be invalidated, illegal or impossible to enforce by law or public order, all other provisions of this Agreement will nevertheless remain fully in force until the economic or legal substance of the proposed transactions is significantly affected. When the parties conclude that a clause or other provision is invalid, illegal or unsealable, the parties negotiate in good faith to amend this agreement so that the parties` original intention is respected in an acceptable manner, where possible, so that the proposed transactions are concluded where possible. 16.2 Disputes between the parties, owners and/or the company regarding the shareholder contract or other agreements between the contracting parties, the owners and/or the company are settled through mutual negotiations. The procedure for amending a shareholders` pact covering ownership and share transfer issues can be detailed in the document itself or in the statutes. In both cases, the issue must be raised at a board meeting. The majority of directors must agree that an amendment is appropriate and the board of directors must record its decision to amend an amendment as the company`s decision. If the by-law requires the adoption of the decision by a majority of shareholders, the directors would convene a shareholder meeting at which they would vote on the amendment. The Board of Directors would prepare the amended and amended shareholders` pact, revoke it or vote in favour of its adoption and keep it in the company`s documents. b) Each shareholder accepts the appointments to which he is entitled at this meeting at least fifteen (15) days before each FoundryCo general meeting or, if FoundryCo decides not to hold a general meeting, the day or before the date on which FoundryCo shareholders make a written decision on the above issues. Each shareholder votes on all shares for which the shareholder is the registered holder or for which that partner has the opportunity, by other means: to control or preside over the vote at a general meeting or to make a written decision on all shares for which the shareholder is the registered holder or for which that shareholder has the opportunity to control or direct the voting rights, and to choose the velvet elections in favour of the election of the candidates of Discovery and Oyster, in accordance with paragraph 2.03 bis above.