Common use of General Meeting of the Target Company Clause in Contracts

General Meeting of the Target Company. On the Closing Date and prior to the Closing, the Seller shall hold a general meeting of the Target Company with the agenda set out below, and shall adopt the resolutions approving each item on such agenda: · resignation of each of the a managing directors and of each of the supervisory directors under the condition precedent of the execution of the Transfer Deed; · release of liability to be granted to the resigning directors for the management conducted by them up to and including the date of their resignation; · appointment of new director(s) under the condition precedent of the execution of the Transfer Deed.