Common use of Binding of the Stockholders Clause in Contracts

Binding of the Stockholders. Each one of the Parties agrees that the decisions taken in the Prior Meeting shall bind the vote of all the Stockholders in the respective General Meeting, and the Stockholders shall vote in block in such General Meeting, in accordance with such decisions. Each one of the Stockholders undertakes to cause its/his/her respective representatives in the General Meetings to vote in accordance with the decision approved by the Prior Meeting, as regulated in this Clause 4, independently of whether or not they attended the Prior Meeting and whether or not they voted in favor of the decision at the Prior Meeting. The committee of the General Meeting of Stockholders shall be obliged not to register any votes not in agreement with the decisions of the Prior Meeting and to register the votes of such Stockholders as are absent from the General Meeting, to the same effect as the decision of the Prior Meeting. Any exercise, by any of the Stockholders, of the right of vote in the General Meetings that is not in accordance with the decisions approved at the Prior Meeting, or with the other applicable provisions of this Agreement, shall result in nullity of the vote cast. Without prejudice to the provisions of this Clause 4.2(h), non-attendance at the General Meeting, and abstentions from vote by any one of the Stockholders, shall give to any one of the other Stockholders the right to vote, in accordance with the decisions of the Prior Meeting, with the Bound Shares belonging to such stockholder as has not complied with the obligation of voting in accordance with the decisions of the Prior Meeting, and such other Stockholder shall make clear, and cause it to be stated in the minutes of the General Meeting, that it has acted in this way based on this Clause 4.2(h).

Binding of the Stockholders. Each one of the Parties agrees that the decisions taken in the Prior Meeting Meetings shall bind the vote of all the Stockholders in the respective said General Meeting, and the Stockholders shall vote in a block in such said General Meeting, in accordance with such those decisions. Each one of the Stockholders undertakes to cause its/his/her their respective representatives in the General Meetings to vote in accordance with the decision approved by the Prior Meeting, as regulated in this Clause 4Four, independently of whether or not they have attended the Prior Meeting and whether they have or have not they voted in favor of the decision at of the Prior Meeting. The meeting committee of the General Meeting of Stockholders shall be obliged not to register record any votes not in agreement with the decisions of the Prior Meeting Meeting, and to register record the votes of such any Stockholders as that are absent from the General Meeting, Meeting to the same effect as the decision of the Prior Meeting. Any exercise, by any of the Stockholders, of the right of to vote in the General Meetings that is Meeting not in accordance with the decisions approved at in the Prior Meeting, Meeting or with the other provisions applicable provisions of in this Agreement, Agreement shall result in nullity of the vote castexercised. Without prejudice to the provisions of this Clause 4.2(h), non-attendance at the General Meeting, and abstentions from of vote by any one of the Stockholders, shall give to any one of the other Stockholders Stockholder the right to vote, in accordance with the decisions of the Prior Meeting, with using the Bound Shares belonging to such stockholder as the Stockholder who has not complied with the obligation of voting to vote in accordance with the decisions of the Prior Meeting, and such other Stockholder shall make making clear, and cause causing it to be stated recorded in the minutes of the General Meeting, Meeting that it has acted in this way they do so based on this Clause 4.2(h).