Common use of Excluded Issue Clause in Contracts

Excluded Issue. Clause 12 (except clause 12.9) does not apply to: (a) an issue or sale of Equity Securities in an IPO; (b) an issue of Shares under a Reorganisation Event; (c) an issue of Equity Securities to strategic partners or in connection with the acquisition of a company, assets or technology, in each case as approved by Special Shareholder Approval; or (d) an issue of Equity Securities pursuant to the Employee Incentive Plan, (each being an Excluded Issue).

Appears in 1 contract

Sources: Shareholder Agreements

Excluded Issue. Clause 12 8 (except clause 12.9clauses 8.8 and 8.9) does not apply to: (a) an issue or sale of Equity Securities in an IPOto which all the Shareholders consent; (b) an issue of Ordinary Shares in an IPO; and (c) an issue of Shares under a Reorganisation Event; (c) an issue of Equity Securities to strategic partners or in connection with the acquisition of a company, assets or technology, in each case as approved by Special Shareholder Approval; or (d) an issue of Equity Securities pursuant to the Employee Incentive Plan, (each being an Excluded Issue).

Appears in 1 contract

Sources: Share Subscription Agreement (Beroni Group LTD)