Common use of Other Operational Matters Clause in Contracts

Other Operational Matters. All other matters submitted to Company Board approval (by Belgian law in accordance with the Company's by-laws or internal corporate governance rules as modified where appropriate) ("Other Operational Matters") will be decided by simple majority of the Company Board. If, prior to or during any meeting of the Company Board, it becomes apparent that the nonindependent directors proposed by the AK are Deadlocked as to how to vote with respect to Other Operational Matters, then they will meet separately from the independent directors and endeavor to reach a consensus. If a consensus cannot be reached, then the directors appointed by the Holders of the Class A Certificates or the directors appointed by the Holders of the Class B Certificates shall have an alternating casting vote in accordance with Section 4.05 to break such Deadlock.

Other Operational Matters. All other matters submitted to Company Board approval (by Belgian law in accordance with the Company's ’s by-laws or internal corporate governance rules as modified where appropriate) ("“Other Operational Matters"”) will be decided by simple majority of the Company Board. If, prior to or during any meeting of the Company Board, it becomes apparent that the nonindependent non-independent directors proposed by the AK are Deadlocked as to how to vote with respect to Other Operational Matters, then they will meet separately from the independent directors and endeavor to reach a consensus. If a consensus cannot be reached, then the directors appointed by the Holders of the Class A Certificates or the directors appointed by the Holders of the Class B Certificates shall have an alternating casting vote in accordance with Section 4.05 3.05 to break such Deadlock.