Common use of The Position of Shareholder Clause in Contracts

The Position of Shareholder. Shares grant their lawful owners the position of shareholders, which grants them the individual, legal and statutory rights stipulated in law - in particular, the right to share in company profits and the assets remaining when the Company is liquidated; the right of pre- emptive subscription to issues of new shares or convertible bonds; the right to attend and vote at General Shareholders’ Meetings; the right to challenge corporate resolutions; and information. The scope of all shareholder rights is determined by law and in these by-laws.

The Position of Shareholder. Shares grant their lawful owners the position of shareholders, which grants them the individual, legal and statutory rights stipulated in law - in particular, the right to share in company profits and the assets remaining when the Company is liquidated; the right of pre- pre-emptive subscription to issues of new shares or convertible bonds; the right to attend and vote at General Shareholders’ Meetings; the right to challenge corporate resolutions; and informationinformation and scrutiny rights. The scope of all shareholder rights is determined by law and in these by-laws.