Common Contracts
1 similar null contracts
VISA INC.January 10th, 2017
Litigation management deed. On June 21, 2016, the Company and Visa Europe entered into a litigation management deed (the “litigation management deed”), which sets forth the agreed upon procedures for the management of the VE territory covered litigation, the allocation of losses resulting from the VE territory covered litigation (“VE territory covered losses”) between the U.K.&I and Europe preferred stock, and any accelerated conversion or reduction in the conversion rate of the shares of U.K.&I and Europe preferred stock. The litigation management deed applies only to VE territory covered litigation (and resultant losses and liabilities). Subject to the terms and conditions set forth therein, the litigation management deed provides that the Company will generally control the conduct of the VE territory covered litigation, subject to certain obligations to report and consult with the newly established litigation management committees for VE territory covered litigation (“VE territory l
