SHAREHOLDERS’ AGREEMENT between CENTURY CASINOS AFRICA (PROPRIETARY) LIMITED and WINLEN CASINO OPERATORS (PROPRIETARY) LIMITED Prepared by: Bowman Gilfillan Attorneys SA Reserve Bank Building, 60 St George's Mall, Cape Town, 8001 PO Box 248, Cape...Shareholders Agreement • November 23rd, 2005 • Century Casinos Inc /Co/ • Services-miscellaneous amusement & recreation
The chairman of the Board shall be whomsoever of the directors Century should determine is the chairman, provided that if the chairman is one of the directors appointed by Century he is a black person as contemplated in the definition of “black people” in the BEE Act and if the chairman is one of the directors appointed by Winlen he may be any one of the directors appointed by Winlen. In addition to the chairman, the directors shall appoint a vice chairman of the Board.
