Common use of Ownership of the Licensee Company Clause in Contracts

Ownership of the Licensee Company. 1.1 The LICENSEE shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does not, at any time during the entire Licence period, exceed 74% of the total equity. The details of the Indian & Foreign promoters/shareholders with their respective equity holdings in the LICENSEE Company as disclosed on the date of signing of the Licence agreement, are as follows: Sl. No. Name of Shareholders Indian/ Foreign Percent of Equity held 1.

Ownership of the Licensee Company. 1.1 The LICENSEE licensee shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does not, at any time during the entire Licence period, exceed 7449% of the total equity. The details of the Indian & Foreign promoters/shareholders promoters with their respective equity holdings in the LICENSEE Company as disclosed on the date of signing of the Licence agreementLICENSE AGREEMENT, are as follows: Sl. No. Name of Shareholders Promoter. Indian/ Foreign Percent of Equity held 1.

Ownership of the Licensee Company. 1.1 The LICENSEE shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does not, at any time during the entire Licence periodLICENCE PERIOD, exceed 7449% of the total paid up equity. The details of the Indian & Foreign promoters/shareholders promoters with their respective equity holdings in the LICENSEE Company company as disclosed by the LICENSEE company on the date of signing of the Licence agreementLICENCE AGREEMENT, are as follows: Sl. No. Name Sl No NAME OF THE PROMOTER Percentage of Shareholders Indian/ Foreign Percent of Paid up Equity held 1.Net-worth Rupees

Ownership of the Licensee Company. 1.1 The LICENSEE licensee shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does not, at any time during the entire Licence period, exceed 7449% of the total equity. The details of the Indian & Foreign promoters/shareholders promoters with their respective equity holdings in the LICENSEE Company as disclosed on the date of signing of the Licence agreementLICENSE AGREEMENT, are as follows: Sl. No. Name of Shareholders Indian/ Promoter. Indian/Foreign Percent of Equity held 1.

Ownership of the Licensee Company. 1.1 The LICENSEE shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does dos not, at any time during the entire Licence period, exceed 7449 % of the total equity. The details of o the Indian & Foreign promoters/shareholders with their respective equity holdings in the LICENSEE Company and their respective net-worth as disclosed on the date of signing singing of the Licence agreementLICENCE AGREEMENT, are as follows: Sl. No. Name of Shareholders Indian/ Foreign Percent of Equity held 1.:

Ownership of the Licensee Company. 1.1 The LICENSEE shall ensure that the total foreign equity in the paid up capital of the LICENSEE Company does not, at any time during the entire Licence licence period, exceed 7449% of the total paid up equity. The details of the Indian & Foreign promoters/shareholders promoters with their respective equity holdings in the LICENSEE Company company as disclosed on the date of signing of the Licence agreementLICENCE AGREEMENT, are as follows: Sl. No. Name of Shareholders Indian/ Foreign Percent of Equity held 1.: