Common use of Permitted Action Clause in Contracts

Permitted Action. Notwithstanding the provisions of Section 5.1, nothing herein shall prohibit or restrict Investor AB or its Affiliates from making any disclosure pursuant to Section 13(d) of the Exchange Act that Investor AB or such Affiliate reasonably believes, based on the advice of independent legal counsel, is required in connection with any action taken by Investor AB or such Affiliate that is not inconsistent with this Nasdaq Stockholders’ Agreement.

Appears in 2 contracts

Sources: Stockholders Agreement (Nasdaq Omx Group, Inc.), Shareholder Agreements (Investor Ab)