Examples of Brazilian Corporation Law in a sentence
The Restricted Shares grant their holders the rights and advantages established in the Company’s Bylaws, the Brazilian Corporation Law, and, in particular, this Agreement.
The Shareholders hereby irrevocably and irreversibly waive the right to request the election of members of the Board of Directors through the multiple voting process, under Article 141 of the Brazilian Corporation Law, unless they expressly agree that this mechanism is convenient to ensure the election of a greater number of Binding Board Members in view of the election of board members by the Company’s other shareholders.
The Shareholders irrevocably and irreversibly agree and commit to exercise, and ensure that Binding Board Members exercise, the voting right conferred to them by the Brazilian Corporation Law, the Company’s Bylaws, and this Agreement by virtue of their ownership of Restricted Shares, in relation to the election of Administrators (under the terms of Cxxxxx X), and any of the Consensus Matters and Veto Matters (under the terms of Clause VI).