Common use of Qualifying Share Clause in Contracts

Qualifying Share. An Ordinary Share that is held, and only for as long as it continues to be held, by a Founding Shareholder or other Permitted Transferee and is (and continues to be) registered in the Founders Share Register, and furthermore provided that a Founding Shareholder or another Permitted Transferee is (and continues to be) exclusively entitled to exercise the voting rights attached to such Ordinary Share. Qualifying Shareholder The holder of one or more Qualifying Shares. Simple Majority More than half of the votes cast. Special Voting Agreement The agreement entered into on or about the date of incorporation of the Voting Depository between the Company, the Voting Depository, the Founding Shareholders as referred to under a. through e. of the definition of Founding Shareholder and the Initial Permitted Intermediary Holding Companies, setting out certain contractual arrangements concerning the Special Voting Shares, as amended from time to time. Special Voting Share A special voting share in the Company’s capital. Supermajority More than sixty-six and two-thirds of a percent (66 2/3%) of the votes cast. Terms The Voting Depository’s terms and conditions established by the Board of Directors, as amended from time to time. Voting Depository The foundation to which these articles of association pertain. Voting Instruction An instruction to the Voting Depository by a XX Xxxxxx on how the Voting Depository should exercise (or refrain from exercising) the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Proxy An ad hoc written power of attorney granted by the Voting Depository, with the right of substitution, to a XX Xxxxxx, pursuant to which that XX Xxxxxx (or his proxy) can exercise at a particular General Meeting, on the Voting Depository’s behalf, the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Rights The voting rights attached to Special Voting Shares held by the Voting Depository.

Qualifying Share. An Ordinary Share that is held, and only for as long as it continues to be held, by a Founding Shareholder or other Permitted Transferee and is (and continues to be) registered in the Founders Share Register, and furthermore provided that a Founding Shareholder or another Permitted Transferee is (and continues to be) exclusively entitled to exercise the voting rights attached to such Ordinary Share. Qualifying Shareholder The holder of one or more Qualifying Shares. Simple Majority More than half of the votes cast. Special Voting Agreement The agreement entered into on or about the date of incorporation of the Voting Depository between the Company, the Voting Depository, the Founding Shareholders as referred to under a. through e. of the definition of Founding Shareholder and the Initial Permitted Intermediary Holding Companies, setting out certain contractual arrangements concerning the Special Voting Shares, as amended from time to time. Special Voting Share A special voting share in the Company’s capital. Supermajority More than sixty-six and two-thirds of a percent (66 2/32/3 %) of the votes cast. Terms The Voting Depository’s These terms and conditions established by the Board of Directors. Trading Day A day on which the Ordinary Shares (or depository receipts or similar rights derived from Ordinary Shares) can be traded on all stock exchanges where they are listed, including in the United States of America and including in any event a day (other than a Saturday or Sunday) on which banks are generally open in the United States of America for the conduct of normal business. Voting Depository Stichting Cnova Special Voting Shares, a foundation under Dutch law, having its corporate seat in Amsterdam (address: Professor Dr Xxxxxxxxxxx 00X, 0000 XX Xxxxxxxxx (xxx Xxxxxxxxxxx), trade register number: [number]). Voting Depository Articles The Voting Depository’s articles of association, as amended from time to time. Voting Depository The foundation to which these articles of association pertain. Voting Instruction An instruction to the Voting Depository by a XX Xxxxxx on how the Voting Depository should exercise (or refrain from exercising) the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Proxy An ad hoc written power of attorney granted by the Voting Depository, with the right of substitution, to a XX Xxxxxx, pursuant to which that XX Xxxxxx (or his proxy) can exercise at a particular General Meeting, on the Voting Depository’s behalf, the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Rights The voting rights attached to Special Voting Shares held by the Voting Depository.

Qualifying Share. An Ordinary Share that is held, and only for as long as it continues to be held, by a Founding Shareholder or other Permitted Transferee and is (and continues to be) registered in the Founders Share Register, and furthermore provided that a Founding Shareholder or another Permitted Transferee is (and continues to be) exclusively entitled to exercise the voting rights attached to such Ordinary Share. Qualifying Shareholder The holder of one or more Qualifying Shares. Simple Majority More than half of the votes cast. Special Voting Agreement The agreement entered into on or about the date of incorporation of the Voting Depository between the Company, the Voting Depository, the Founding Shareholders as referred to under a. through e. of the definition of Founding Shareholder and the Initial Permitted Intermediary Holding Companies, setting out certain contractual arrangements concerning the Special Voting Shares, as amended from time to time. Special Voting Share A special voting share in the Company’s capital. Supermajority More than sixty-six and two-thirds of a percent (66 2/32/3 %) of the votes cast. Terms The Voting Depository’s terms and conditions established by the Board of Directors, as amended from time to time. Voting Depository The foundation to which these articles of association pertain. Voting Instruction An instruction to the Voting Depository by a XX Xxxxxx on how the Voting Depository should exercise (or refrain from exercising) the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Proxy An ad hoc written power of attorney granted by the Voting Depository, with the right of substitution, to a XX Xxxxxx, pursuant to which that XX Xxxxxx (or his proxy) can exercise at a particular General Meeting, on the Voting Depository’s behalf, the Voting Rights attached to the Special Voting Share(s) to which the DR(s) of such XX Xxxxxx is/are stapled. Voting Rights The voting rights attached to Special Voting Shares held by the Voting Depository.