Common use of No abrogation of existing rights Clause in Contracts

No abrogation of existing rights. No amendment will be made under Rule 11.1 which would adversely and materially affect adversely the existing rights of a Participant unless it is made with his consent or by a resolution passed as if the Options constituted a separate class of share capital and the provisions of the Articles of Association of the Company and of the Companies Act 2006 relating to class meetings (with the necessary amendments) applied to that class.

Appears in 1 contract

Samples: Bt Group PLC

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No abrogation of existing rights. No amendment will be made under Rule 11.1 1.9.1 which would adversely and materially affect adversely the existing rights of a Participant unless it is made with his written consent or by a resolution passed as if the Options Awards affected constituted a separate class of share capital and the provisions of the Articles of Association of the Company and of the Companies Act 2006 Xxx 0000 relating to class meetings (with the necessary amendments) applied to that class.

Appears in 1 contract

Samples: Reorganisation and Share Exchange Agreement (Cyclacel Group PLC)

No abrogation of existing rights. No amendment will be made under Rule 11.1 which would adversely and materially affect adversely the existing rights of a Participant unless it is made with his consent or by a resolution passed as if the Options constituted a separate class of share capital and the provisions of the Articles of Association of the Company and of the Companies Act 2006 relating to class meetings (with the necessary amendments) applied to that class.

Appears in 1 contract

Samples: Bt Group PLC

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No abrogation of existing rights. No amendment will be made under Rule 11.1 which would adversely and abrogate or materially affect adversely the existing rights of a Participant unless it is made with his written consent or by a resolution passed as if the Options constituted a separate class of share capital and the provisions of the Articles of Association of the Company and of the Companies Act 2006 1985 relating to class meetings (with the necessary amendments) applied to that class.

Appears in 1 contract

Samples: Astrazeneca PLC

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