DIVIDEND AND DISTRIBUTION POLICY. The Parties agree that it is the intention of the Parties and the Company that no Dividends or Distributions will be declared. Should a Dividend or Distribution be declared at any stage, this will only be with the prior written approval of the Joint Committee, save that if there is no Joint Committee, a Dividend or Distribution may be declared with the approval of 75% or more of the votes of the Shareholders.
Appears in 6 contracts
Samples: Shareholders' Agreement, Shareholders' Agreement, Shareholder Agreement
