Transfer restriction in Articles of Association, Exercise of voting rights. In order to achieve that no transfer of Company Shares is made in breach of any provision of this Section 5, the Shareholders agree that the Articles of Association shall provide for the unanimous prior approval of the Shareholders being required for any transfer of Company Shares. For the avoidance of doubt it is expressly agreed that each Shareholder shall exercise its voting rights on the Company Shares in such a manner as to allow the other Shareholders to exercise their rights under this Section 5, provided that such other Shareholders have complied with the relevant provisions of this Section 5.
Appears in 5 contracts
Samples: Shareholders Agreement (Telefonica Mobile Inc), Shareholder Agreement (Telefonica Mobile Inc), Shareholder Agreement (Telefonica S A)
