RIGHTS OF SHARES. 7.1. Each Ordinary Share in the Company confers upon the Shareholder: (a) the right to one vote at a meeting of the Shareholders of the Company or on any Resolution of Shareholders; (b) subject to the rights of the Preferred Shares, the right to an equal share in any dividend paid by the Company; and (c) subject to the rights of the Preferred Shares, the right to an equal share in the distribution of the surplus assets of the Company on its liquidation. 7.2. The Company may by Resolution of Directors redeem, purchase or otherwise acquire all or any of the Shares in the Company subject to Regulation 3 of the Articles. 7.3. The Preferred Shares shall have the following rights:-
Appears in 3 contracts
Samples: Series A1 Preferred Share Purchase Agreement (Le Gaga Holdings LTD), Share Subscription Agreement (Le Gaga Holdings LTD), Share Purchase Agreement (Le Gaga Holdings LTD)
RIGHTS OF SHARES. 7.1. Each Ordinary Share in the Company confers upon the Shareholder:
(a) the right to one vote at a meeting of the Shareholders of the Company or on any Resolution of Shareholders;
(b) subject to the rights righst of the Preferred Series A Shares, the right to an equal share in any dividend paid by the Company; and
(c) subject to the rights righst of the Preferred Series A Shares, the right to an equal share in the distribution of the surplus assets of the Company on its liquidation.
7.2. The Company may by Resolution of Directors redeem, purchase or otherwise acquire all or any of the Shares in the Company subject to Regulation 3 of the Articles.
7.3. The Preferred Shares shall have the following rights:-
Appears in 1 contract
Samples: Series a Preferred Share Purchase Agreement (Le Gaga Holdings LTD)
