Examples of New Shareholders in a sentence
The New Shareholders Agreements provides that Xx. Xxxxx Xxxxxxxxxx Provera will be the CEO and Executive Vice Chairman of Pirelli for the entire duration of the New Shareholders Agreement.
The New Shareholders Agreement does not provide for any relevant body.
The New Shareholders Agreement provides that Pirelli’s top managers, to be identified by Xx. Xxxxx Xxxxxxxxxx Provera, in his capacity as Pirelli CEO and Executive Vice Chairman (the “Management”), will benefit of the value creation at the level of Pirelli, through incentive mechanisms (also including a stock option plan with cash settlement option for Pirelli) to be developed on the basis of a long term incentive plan according to the best international market practice.
Pursuant to the New Shareholders Agreement, CNRC and MTP agreed that the Pirelli Chairman shall have the power to legally represent the Company, as well as all the other powers granted to the Chairman according to the current by-laws of Pirelli, without prejudice to the powers and prerogatives of the Board of Directors.
The provisions set forth in the New Shareholders Agreement are relevant pursuant to Article 122, paragraphs 1 and 5, letters a) and b), of the Consolidated Financial Act.