Single Ownership. The Corporation will recognize only one owner for each share. If a share is owned by several persons, the Corporation shall not be obligated to register or to recognize more than one such person as owner, who shall be designated by the owners of such share for purposes of exercising shareholder rights derived from such share before the Corporation.
Appears in 2 contracts
Sources: Contract for Conversion to a Mixed Company (Harvest Natural Resources, Inc.), Memorandum of Understanding (Harvest Natural Resources, Inc.)