Common use of Paragraph 1st Clause in Contracts

Paragraph 1st. The decisions relative to item XXXIII of this clause in contracts of service rendering and technical assistance, between the Concessionaire and third parties connected with the controlling shareholders, must be made in special meeting, and the Concessionaire should record on its by-laws that the preferred shares will have right to vote in these decisions, at no loss of dispositions of paragraph 1st of art. 115 of Law No. 6,404 of December 15, 1976, altered by Law No. 10,303 of October 31, 2001.

Appears in 8 contracts

Samples: Grant Contract (Telefonica Brasil S.A.), Grant Contract (Telesp Holding Co), Grant Contract (Telesp Holding Co)

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