Common use of Listing of the Shares Clause in Contracts

Listing of the Shares. One or several Shareholders who together represents more than two thirds (2/3) of the total amount of Shares in the Company shall have the right to demand a listing of the Shares on a Norwegian or an internationally recognised stock exchange, regulated market or multilateral trading facility (including without limitation Oslo Børs, Euronext Expand and Euronext Growth) in accordance with the terms of this Clause 4.5 (an "IPO"). The Shareholders accept to use all reasonably efforts in the preparation and completion of an IPO in accordance with the terms of this Agreement, including to contribute to make changes in the capital structure of the Company to facilitate an IPO or participate and contribute to the transfer of the business of the Company of or the Shares to a new company that shall be used as the company to be listed in the IPO, and at the same time participate actively in the process and influence the decisions that are made. On the extraordinary general meeting the Shareholders shall resolve the issuance of new shares and other amendments necessary to satisfy the requirements by law and from the market at the time of an IPO, including the removal of the restrictions on share transfers contained in the articles of association. The Shareholders undertake to accept customary and reasonable lock-up provisions as long as this is recommended by the arranger.

Listing of the Shares. One or several Shareholders who together represents more than two thirds (2/3) of the total amount of Shares in the Company shall have the right to demand a listing of the Shares on a Norwegian or an internationally recognised stock exchange, regulated market or multilateral trading facility (including without limitation Oslo Børs, Euronext Expand and Euronext Growth) in accordance with the terms of this Clause 4.5 (an "IPO"). The Shareholders accept to use all reasonably efforts in the preparation and completion of an IPO in accordance with the terms of this Agreement, including to contribute to make changes in the capital structure of the Company to facilitate an IPO or participate and contribute to the transfer of the business of the Company of or the Shares to a new company that shall be used as the company to be listed in the IPO, and at the same time participate actively in the process and influence influence the decisions that are made. On the extraordinary general meeting the Shareholders shall resolve the issuance of new shares and other amendments necessary to satisfy the requirements by law and from the market at the time of an IPO, including the removal of the restrictions on share transfers contained in the articles of association. The Shareholders undertake to accept customary and reasonable lock-up provisions as long as this is recommended by the arranger.