OTHER COMPLETION MATTERS Clause Samples

OTHER COMPLETION MATTERS. 10.1 The New Subscribers and the Converting Shareholders consent to their names being entered in the Register of Members of the Company in respect of the Shares subscribed by them pursuant to clauses 3, 4, 5, 6, 7 and 8 as appropriate and agree that they will take such New Shares with the benefit of the rights and subject to the restrictions set out in the Company’s memorandum of association and the Articles. 10.2 Each of the Existing Shareholders who has not accepted an Allotment in accordance with clauses 3, 4, 5, 6, 7 and 8 hereby irrevocably waives and renounces all and any right to accept any Allotment now or in the future. 10.3 Each of the Existing Shareholders hereby consents to and waives their pre-emption rights in respect of the transfers of Ordinary Shares by ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇ to Highland and Universal Investments Limited and to Highland and Universal Securities Limited respectively which took place on or about the date hereof. 10.4 On acceptance of any Allotment, no fraction of a share shall be issued in respect of such Allotment and acceptance thereof, and any fractions shall be rounded down to the nearest whole number of Shares. 10.5 Each of the New Subscribers and Converting Shareholders acknowledge they have received the Disclosure Letter and are aware of the disclosures made therein.