DEEDS OF ADHERENCE. 19.1 Subject to the provisions of Clause 19.2, no Transfer or allotment of any Shares shall be made unless the transferee or allottee shall have first executed a Deed of Adherence and such Deed shall have been delivered to the Company at its registered office and to the Shareholders. 19.2 No Deed of Adherence need be executed: 19.2.1 if the transferee or allottee, as the case may be, is already a Party to this Agreement (in the same capacity as that in which the transferor is a Party in respect of the Shares in question); or 19.2.2 if the Board obtains the consent of the Lion Party to the waiver of the need for a Deed of Adherence. 19.3 Each Party acknowledges and agrees that, upon the transferee or allottee duly executing the Deed of Adherence, such person shall become a Party to this Agreement in accordance with the terms of the Deed of Adherence.
Appears in 5 contracts
Samples: Shareholders Agreement, Shareholders' Agreement, Shareholders Agreement (Central European Distribution Corp)
