Common use of Consent Rights Clause in Contracts

Consent Rights. So long as the Consenting Entities or their Affiliates collectively directly or indirectly own at least 30% of the outstanding Shares, the Company shall not take and shall take all necessary action to cause its subsidiaries not to take, directly or indirectly (whether by amendment, merger, consolidation, reorganization or otherwise) any of the following actions without the prior consent of each of the Consenting Entities (so long as such Consenting Entity or its Affiliates owns at least one Share), which consent may be withheld for any reason or no reason, in addition to the Board of Directors’ approval (or, as applicable, the approval of the requisite governing body of any subsidiary of the Company or any requisite statutory vote):

Consent Rights. (a) So long as the Consenting Entities or their Affiliates collectively Shareholders collectively, directly or indirectly indirectly, own at least 3040% of the outstanding Outstanding Voting Shares, the Company shall not take and shall take all necessary action to cause its subsidiaries any member of the Company Group not to take, directly or indirectly (whether by amendment, merger, consolidation, reorganization or otherwise) any of the following actions (or enter into an agreement to take such actions) without the prior consent of each of the Consenting Entities (so long as such Consenting Entity or its Affiliates owns at least one Share)LandBridge Holdings, which consent may be withheld for any reason or no reasonin its discretion, in addition to the Board of Directors’ approval (or, as applicable, the approval of the requisite governing body of any subsidiary Subsidiary of the Company or any requisite statutory vote):