Standstill agreement by Convergenta Sample Clauses

Standstill agreement by Convergenta. Convergenta hereby agrees not to acquire any shares in CECONOMY or to perform any oth- er actions that could lead to an acquisition of control under Sections 29 et seqq. German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz – WpÜG) until the expiration of six months after the Closing Date (as defined in the Contribu- tion Agreement), but no longer than until December 31, 2021. This is without prejudice to any acquisition of ordinary or preference shares in CECONOMY up to the level of Conver- genta’s Target Shareholding.
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