Common use of Representation of Holders of BSA Clause in Contracts

Representation of Holders of BSA. Pursuant to the provisions of Article L. 228-103 of the French Commercial Code, the Holders of BSA are grouped into a body with legal personality protecting their joint interests (the “masse”). General meetings of Holders meet at the registered office or in any other location of the department of the registered office or of bordering departments. The masse will appoint one or more representatives of the body, at the request of the Board of Directors. The representative(s) of the masse will be governed by applicable legal and regulatory provisions. The representative of the masse will receive no remuneration for his duties.

Representation of Holders of BSA. Pursuant to the provisions of Article L. 228-103 of the French Commercial Code, the Holders of BSA are grouped into a body with legal personality protecting their joint interests (the “masseMasse”). General meetings of Holders meet at the registered office or in any other location of the department of the registered office or of bordering departments. The masse Masse will appoint one or more representatives of the body, at the request of the Board of Directors. The representative(s) of the masse Masse will be governed by applicable legal and regulatory provisions. The representative of the masse will receive no remuneration for his his/her duties.

Representation of Holders of BSA. Pursuant to the provisions of Article L. 228-103 of the French Commercial Code, the Holders of BSA are grouped into a body with legal personality protecting their joint interests (the “masseMasse”). General meetings of Holders meet at the registered office or in any other location of the department of the registered office or of bordering departments. The masse Masse will appoint one or more representatives of the body, at the request of the Board of Directors. The representative(s) of the masse will be governed by applicable legal and regulatory provisions. The representative of the masse will receive no remuneration for his duties.