Common use of Nature of Company Clause in Contracts

Nature of Company. Business Any material changes to the nature of the Company’s business, or commencing any Any changes to the nature of the Company’s business, or commencing any new business, but only where this is None. Matters Reserved Matters for Shareholder Approval Matters Delegated for Board Approval Matters Delegated by the Board for Approval by individual Directors or another named employee or officer of the Company new business not contemplated by the approved Business Plan. contemplated by the approved Business Plan.

Nature of Company. Business Any material changes to the nature of the Company’s business, or commencing any new business not contemplated by the approved Business Plan. Any changes to the nature of the Company’s business, or commencing any new business, but only where this is None. Matters Reserved Matters for Shareholder Approval Matters Delegated for Board Approval Matters Delegated by the Board for Approval by individual Directors or another named employee or officer of the Company new business not contemplated by the approved Business Plan. contemplated by the approved Business PlanNone.

Nature of Company. Business Any material changes to the nature of the Company’s business, or commencing any new business not contemplated by the approved Business Plan. Any changes to the nature of the Company’s business, or commencing any new business, but only where this is contemplated by the approved Business Plan. None. Matters Reserved Matters for Shareholder Approval Matters Delegated for Board Approval Matters Delegated by the Board for Approval by individual Directors or another named employee or officer of the Company new business not contemplated by the approved Business Plan. contemplated by the approved Business Plan.Executive Approval

Nature of Company. Business Any material changes to the nature of the Company’s business, or commencing any new business not contemplated by the approved Business Plan. Any changes to the nature of the Company’s business, or commencing any new business, but only where this is contemplated by the approved Business Plan. None. Matters Reserved Matters for Shareholder Approval Matters Delegated for Board Approval Matters Delegated by the Board for Approval by individual Directors or another named employee or officer of the Company new business not contemplated by the approved Business Plan. contemplated by the approved Business Plan.Company