VOTING TRUST AGREEMENT AND PREEMPTION PACT between CHRISTIANE ERNE-BOUCHARA, 1233 Bernex and CLAUDIA REY, 1035 Bournens Preamble
9g
VOTING TRUST AGREEMENT AND PREEMPTION PACT
between
XXXXXXXXXX XXXX-BOUCHARA, 1233 Bernex
and
XXXXXXX XXX, 1035 Bournens
Preamble
Through a share transfer agreement from SES Société d’Energie Solaire SA signed by the parties, Xx Xxxxxxxxxx Xxxx-Bouchara has transferred 5% of the shares of SES, or 1,975 shares, to Xxxx Xxxxxxx Xxx, for the sum of CHF 1.00.
The purpose of the present agreement is to complete the provisions made regarding the relationship between Xxxx Xxxxxxx Xxx and Xx Xxxxxxxxxx Xxxx-Bouchara, majority shareholder of SES Société d’Energie Solaire SA.
Article 1 – Voting Trust Agreement
Xxxxxxx Xxx agrees to vote at the General Meetings of SES Société d’Energie Solaire SA in accordance with the instructions given to her by Xx Xxxxxxxxxx Xxxx-Bouchara prior to the meetings.
Article 2 – Preemption Pact
For the 5% of the corporate capital of SES Société d’Energie Solaire SA that is transferred to Xxxx Xxxxxxx Xxx, the latter grants to Xx Xxxxxxxxxx Xxxx-Bouchara a right of preemption.
In case Xxxx Xxxxxxx Xxx decides to dispose of the 5% of the corporate capital of SES Société d’Energie Solaire SA, she must inform Xx Xxxxxxxxxx Xxxx-Bouchara in writing; she will then have 30 days to exercise her right of preemption. If she fails to exercise the said right of preemption, Xxxx Xxxxxxx Xxx may dispose of the shares belonging to her without restriction.
If Xx Xxxxxxxxxx Xxxx-Bouchara does exercise the right of preemption, the purchase price of the shares is set at their value on the balance sheet.
In case of litigation between the parties with regard to the value of the 5% of the corporate capital of SES Société d’Energie Solaire SA on the balance sheet, the opinion of a fiduciary office chosen by mutual consent will be called upon.
Article 3 – Applicable law and jurisdiction
Any litigation regarding the interpretation or execution of the present agreement will be submitted to the courts of the canton of Geneva, unless an appeal is lodged with the Federal Court in Lausanne.
Swiss Law applies.
CW932383.1
- 2 -
Done in duplicate at Plan-les-Ouates on [handwritten:] 12 . 09 . 05
Xxxxxxxxxx Xxxx-Bouchara
[signed]
Xxxxxxx Xxx
[signed]
CW932383.1
