Effect of Termination and Survival. Except as agreed otherwise by the Shareholders, the occurrence of any of the events specified in clause 20.1 shall not: 20.2.1 relieve any Shareholder from any liability or obligation in respect of any matters, undertakings or conditions which have not been observed or performed by such Shareholder prior to the occurrence of such event; and 20.2.2 affect the Surviving Provisions, which shall continue to remain in full force and effect and, unless a Surviving Provision provides otherwise, shall continue to apply for a period of three years after the occurrence of such event; or 20.2.3 affect a Shareholder’s accrued rights and obligations prior to the occurrence of such event.
Appears in 4 contracts
Samples: Shareholder Agreement, Shareholder Agreements (Mondelez International, Inc.), Shareholder Agreements (Mondelez International, Inc.)
Effect of Termination and Survival. Except as agreed otherwise by the Shareholders, the occurrence of any of the events specified in clause 20.1 shall not:
20.2.1 relieve any Shareholder from any liability or obligation in respect of any matters, undertakings or conditions which have not been observed or performed by such Shareholder prior to the occurrence of such event; and
20.2.2 affect the Surviving Provisions, which shall continue to remain in full force and effect and, unless a Surviving Provision provides otherwise, shall continue to apply for a period of three years after the occurrence of such event; or
20.2.3 affect a Shareholder’s accrued rights and obligations prior to the occurrence of such event.
Appears in 1 contract
Samples: Shareholders’ Agreement (Mondelez International, Inc.)
