Common use of FIC Clause in Contracts

FIC. Bellamar is the owner of three hundred and twenty-four million, five hundred and one thousand, one hundred and fourteen (324,501,114) registered common shares, with no par value, representing 35.76% of the FIC’s capital (“FIC’s Shares”), which are and shall be on the Effective Spin-off Date free and clear of any Burden, except for the Association Agreement entered into on October 27, 2004 between CBD, FIC, Itaú Unibanco Holding S.A. and certain other parties, as amended and in force (“Association Agreement”), as well as the Shareholders’ Agreement entered into on October 27, 2004, as amended and in force (“FIC’s Shareholders’ Agreement”). Except for the Association Agreement and FIC’s Shareholders’ Agreement, there is no agreement, registered or not with the FIC’s head office, of any nature, which would directly or indirectly bind the FIC’s Shares, or which would limit the political and/or equity rights of the FIC’s Shares; and there are no options, rights, commitments or other covenants of any nature, or other notes that could directly or indirectly require the sale or transfer of the FIC’s Shares.

Appears in 2 contracts

Sources: Separation and Other Covenants Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Separation and Other Covenants Agreement (Sendas Distributor S.A.)