Veto Right Clauses Exemplaires

Veto Right. No conversion of class D shares, creation of new classes of shares, equal or preferential to class D shares, or modifications concerning class D shares, or other existing classes of shares for the purpose of conferring to these other classes of shares equal or preferential rights or privileges to class D shares, shall be authorized unless this conversion, creation or modification is approved on a vote regrouping 3/4 of the holders of class D shares present or represented at a general or special meeting convened to this effect, and subject to the other provisions of the COMPANIES ACT.
Veto Right. No conversion of class E shares, creation of new classes of shares, equal or preferential to class E shares, or modifications concerning class E shares, or other existing classes of shares for the purpose of conferring to these other classes of shares equal or preferential rights or privileges to class E shares, shall be authorized unless this conversion, creation or modification is approved on a vote regrouping 3/4 of the holders of class E shares present or represented at a general or special meeting convened to this effect, and subject to the other provisions of the COMPANIES ACT.
Veto Right. No conversion of class F shares, creation of new classes of shares, equal or preferential to class F shares, or modifications concerning class F shares, or other existing classes of shares for the purpose of conferring to these other classes of shares equal or preferential rights or privileges to class F shares, shall be authorized unless this conversion, creation or modification is approved on a vote regrouping 3/4 of the holders of class F shares present or represented at a general or special meeting convened to this effect, and subject to the other provisions of the COMPANIES ACT.
Veto Right. No conversion of class G shares, creation of new classes of shares, equal or preferential to class G shares, or modifications concerning class G shares, or other existing classes of shares for the purpose of conferring to these other classes of shares equal or preferential rights or privileges to class G shares, shall be authorized unless this conversion, creation or modification is approved on a vote regrouping 3/4 of the holders of class G shares present or represented at a general or special meeting convened to this effect, and subject to the other provisions of the COMPANIES ACT. No share issued by the company shall be transferred without the approval of the directors. Such approval shall be expressed in a resolution of the Board of Directors and may validly be given after the transfer has been registered in the corporate records, in which case it shall take effect retroactively upon the date the transfer was recorded.