EXCLUSIONS Nothing Sample Clauses

EXCLUSIONS Nothing contained in this Clause precludes or restricts any Shareholder or any of its Associated Companies: 18. 4.1 holding not more than five per cent of the issued voting share capital of any company whose shares are listed on a stock exchange; 18. 4.2 acquiring any business or company, as an integral part of a larger transaction or acquisition of a business, company or group of companies, not predominantly engaged in a competing business PROVIDED THAT: (a) it uses all reasonable endeavours to dispose of such business or company which competes with the Business within six months of the date of completion of the original transaction (or as soon as possible thereafter); (b) in making any such disposal, it must grant the Company a right of first refusal to acquire the business or company on bona fide arms length terms; and (c) if the Company does not purchase the business or company within a reasonable period it may dispose of the business or company to a third party; 18. 4.3 carrying on any activity carried on by it in the 12 months before the Completion Date; or <PAGE> 18. 4.4 from carrying on and/or developing, whether organically or by acquisition, any of its existing activities which at the Completion Date are similar to the Business.