Common use of Shares to rank equally Clause in Contracts

Shares to rank equally. Subject to any provisions to the contrary in the Shareholders Agreement, any Plan Shares allotted, issued, transferred and/or allocated by the Company to a Participant under the Plan will rank equally with all existing Shares on and from the date of allotment, issue, transfer and/or allocation in respect of all rights and bonus issues, and dividends which have a record date for determining entitlements on or after the date of allotment, issue, transfer and/or allocation of those Plan Shares.

Appears in 4 contracts

Samples: Senior Leadership Long Term Incentive Plan, 2023 Non Executive Directors Long Term Incentive Plan, Long Term Incentive Plan

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