Common use of Important Matters Clause in Contracts

Important Matters. In addition to such matters as required by the Articles of Incorporation of New Company or the Commercial Code, any resolutions of the following matters by the General Meeting of Shareholders shall require the affirmative vote of at least two-thirds of the votes of the shareholders present: (1) any amendment or modification of the Articles of Incorporation; (2) increase or decrease in the authorized capital or paid-in capital; (3) issuance of new shares or any other kind of equity securities or instruments convertible into equity securities or the decision to undertake a Public Offering (as defined in Article 30); (4) issuance of debentures; (5) transfer of any part or whole of business; (6) any and all matters relating to dividends of New Company; (7) dissolution or amalgamation; (8) change in number or length of tenure of Directors;

Important Matters. In addition to such matters as required by the Articles of Incorporation of New Company or the Commercial Code, any resolutions of the following matters by the General Meeting of Shareholders shall require the presence and the affirmative vote of shareholders holding at least two-thirds 2/3 of the votes of the shareholders present:capital. (1) . any amendment or modification of the Articles of Incorporation; (2) . increase or decrease in the authorized capital or paid-in capital; (3) . issuance of new shares or any other kind of equity securities or instruments convertible into equity securities or the decision to undertake a Public Offering (as defined in on Article 3029); (4) . issuance of debentures; (5) . transfer of any part or whole of business; (6) . any and all matters relating to dividends of New Company; (7) . dissolution or amalgamation; (8) 8. change in number or length of tenure of Directors;