Modification of Corporate Governance Provisions. It is understood that, in connection with any public offering of KUT’s capital stock, the size and composition of the Board may be required to change in order to comply with applicable listing requirements or provisions of Law applicable to listed companies. In such event, the Shareholders shall vote, in their capacity as shareholders and through their nominated directors of KUT, to make such changes as may be necessary in the Articles of Incorporation to preserve, to the extent possible in compliance with such requirements and applicable law, the rights of the Shareholders with respect to the governance of KUT, including the number of directors to be elected by the Shareholders, the quorum and voting rules for resolutions and any other matter affecting corporate governance.
