Profit transfer. The Subsidiary Company undertakes to pay all of its profits to the Parent Company for the term of this agreement. The scope of profit transfer shall be governed, in addition to and with precedence over § 3 of this agreement, by § 301 of the German Stock Corporation Act in its from time to time applicable version.
Appears in 7 contracts
Samples: Profit Transfer Agreement, Profit Transfer Agreement, Profit Transfer Agreement
Profit transfer. The Subsidiary Company undertakes will be obliged to pay transfer all of its profits generated throughout the term of the agreement to the Parent Company for the term of this agreementCompany. The scope of profit transfer shall be is governed, in addition to and with precedence over § 3 section 4 of this agreement, by § section 301 of the German Stock Corporation Act (AktG) in its from time to time currently applicable version.
Appears in 2 contracts
Samples: Control Agreement and Profit Transfer Agreement, Control Agreement and Profit Transfer Agreement