ADOPTION OF NEW ARTICLES. VOTE AGAINST: Qualitau Ltd., holding 1% of the voting power of the Shareholders present, 1.013% of the voting power of Preferred Shareholders present and 2.705% of the voting power of Series AA Preferred Shareholders present; VOTE FOR: All other Shareholders present, holding 99% of the voting power of the Shareholders presented, 98.987% of the voting power of the Preferred Shareholders present, 97.275% of the voting power of Series AA Preferred Shareholders present, 100% of the voting power of the holders of each of the Company’s Series XX-0, XX-0, XX-0 and BB-4 Preferred shares and 100% of the voting power of the Ordinary Shareholders present. RESOLVED AS FOLLOWS, by aforementioned majority of (i) all the Shareholders present, (ii) the Preferred Shareholders and (iii) the Series AA preferred Shareholders, and unanimously by (i) the Ordinary Shareholders present, (ii) the BB Preferred Shareholders (iii) holders of series of BB1, BB2, BB3 and BB4 Preferred Shares, each voting as a separate class;
ADOPTION OF NEW ARTICLES. On the date of this agreement, the Parties shall procure that the new articles of incorporation of the Company in the agreed form (the "New Articles") are adopted in substitution for, and to the exclusion of, the existing articles of incorporation of the Company.
ADOPTION OF NEW ARTICLES. 4.1. The Parties hereby acknowledge that in light of the proposed IPO, they have agreed, notwithstanding any provision to the contrary contained in the Amendment Agreement, to the adoption of a new set of articles of association (the “New Articles”) by the Company as annexed in Annexure A hereto.
