Number of Directors. Subject to any limitation provided by any applicable law, the number of directors constituting the board of directors of the AK (the "AK Board") and the Company (the "Company Board" and together with the AK Board, the "Boards" and each, a "Board") shall be fixed from time to time by each Board or the certificate holders or shareholders at a general meeting, as applicable, in accordance with their respective By-laws, Conditions of Administration or applicable law, provided, that, unless the Holders otherwise agree, the number of directors constituting the AK Board shall be eight (8) and the number of directors constituting the Company Board shall be not less than twelve (12) nor more than fourteen (14).
Appears in 3 contracts
Samples: Conformed Copy (American Beverage Co Ambev), Conformed Copy (American Beverage Co Ambev), Conformed Copy (Interbrew S A)
Number of Directors. Subject to any limitation provided by any applicable law, the number of directors constituting the board of directors of the AK (the "“AK Board"”) and the Company (the "“Company Board" ” and together with the AK Board, the "“Boards" ” and each, a "“Board"”) shall be fixed from time to time by each Board or the certificate holders or shareholders at a general meeting, as applicable, in accordance with their respective By-laws, Conditions of Administration or applicable law, provided, that, unless the Holders otherwise agree, the number of directors constituting the AK Board shall be eight (8) and the number of directors constituting the Company Board shall be not less than twelve (12) nor more than fourteen (14).
Appears in 3 contracts
Samples: Shareholders Agreement (Anheuser-Busch InBev S.A.), Shareholders Agreement (InBev Corporate Holdings Inc.), Shareholders Agreement (Ambev S.A.)
Number of Directors. Subject to any limitation provided by any applicable law, the number of directors constituting the board of directors of the AK (the "AK Board") and the Company (the "Company Board" and together with the AK Board, the "Boards" and each, a "Board") Boards shall be fixed from time to time by each respective Board or by the certificate holders Holders of Certificates or shareholders at by a general meetingmeeting of shareholders of the Company, as applicable, in accordance with their respective rules, including the By-lawsLaws, the Conditions of Administration Administration, the by-laws of the Company and the governance rules or applicable law, provided, provided that, unless the Holders otherwise agree, and save in case of temporary vacancies, the number of directors members constituting the AK Board shall be eight (8) and the number of directors members constituting the Company Board shall not be not less than twelve eleven (1211) nor more than fourteen fifteen (1415).
Appears in 2 contracts
Samples: New Shareholders’ Agreement (BRC S.a.R.L.), New Shareholders’ Agreement (Anheuser-Busch InBev S.A.)
Number of Directors. Subject to any limitation provided by any applicable law, the number of directors constituting the board of directors of the AK (the "AK Board") and the Company (the "Company Board" and together with the AK Board, the "Boards" and each, a "Board") Boards shall be fixed from time to time by each respective Board or by the certificate holders Holders of Certificates or shareholders at by a general meetingmeeting of shareholders of the Company, as applicable, in accordance with their respective rules, including the By-lawsLaws, the Conditions of Administration Administration, the by-laws of the Company and the governance rules or applicable law, provided, provided that, unless the Holders otherwise agree, and save in case of temporary vacancies, the number of directors members constituting the AK Board shall be eight (8) and the number of directors members constituting the Company Board shall not be not less than twelve eleven (1211) nor more than fourteen (14).
Appears in 2 contracts
Samples: New Shareholders’ Agreement (Anheuser-Busch InBev S.A.), New Shareholders’ Agreement (BRC S.a.R.L.)
Number of Directors. Subject to any limitation provided by any applicable law, the number of directors constituting the board of directors of the AK (the "AK Board") and the Company (the "Company Board" and together with the AK Board, the "Boards" and each, a "Board") Boards shall be fixed from time to time by each respective Board or by the certificate holders Holders of Certificates or shareholders at by a general meetingmeeting of shareholders of the Company, as applicable, in accordance with their respective rules, including the By-lawsLaws, the Conditions of Administration Administration, the by-laws of the Company and the governance rules or applicable law, provided, provided that, unless the Holders otherwise agree, and save in case of temporary vacancies, the number of directors members constituting the AK Board shall be eight (8) and the number of directors members constituting the Company Board shall not be not less than twelve (12) nor more than fourteen fifteen (1415).
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