Publicis definition
Examples of Publicis in a sentence
The interests of the partners are represented, as between them, by interests proportionate to the number of shares of Publicis the enjoyment of which has been contributed pursuant to article 5 above.
Madame Badinter contributes to the Partnership, for the term thereof, the right to enjoyment of one share of Publicis.
The purpose of the Partnership is to: • exercise voting rights attached to shares of Publicis the enjoyment of which is contributed to it in accordance with article 5 below; and • take all actions necessary to achieve its purpose.
It will be disclosed to third parties, and in particular to Publicis, to which the transfer of the enjoyment of shares of Publicis by the Parties as determined pursuant to article 5 below is notified hereby.
Expense reimbursement will be made in compliance with Client’s Travel and Expense Reimbursement Policy which will be provided to Publicis in advance of Program launch.
For the purposes of these articles, the enjoyment of shares of Publicis contributed by the Parties will mean the enjoyment and exercise of voting rights attached to such shares at general meetings of shareholders, whether ordinary, extraordinary or mixed.
The parties will have a good faith discussion regarding any policies that differ from the Publicis standard.
None of Publicis, the dealer-manager or any of their respective officers, directors, employees, advisors, affiliates or agents assume any responsibility for any violation by any person of any of these restrictions.
The Agreement provides, among other things, that the participation of Dentsu in Publicis may not exceed 15% of voting rights, the enjoyment (“jouissance”) of shares of Publicis with voting rights that exceed such 15% threshold being required to be contributed to a partnership (“Société en participation”) of which Madame Badinter would be the Manager appointed pursuant to its articles.
In addition, Dentsu will contribute to the Partnership, for the duration set forth in article 5.2, the enjoyment of every share of Publicis it may hold and which would cause Dentsu to exceed the threshold of ownership of 15% of voting rights.