Restricted Individual definition
Examples of Restricted Individual in a sentence
The Company shall and shall ensure that each of its Subsidiaries shall, and the Restricted Individual shall cause each member of the Group to, maintain in full force and effect its corporate existence, rights and franchises and all licenses and other rights in or to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it or any Subsidiary and deemed by the Company to be necessary to the conduct of their business.
The Company shall and shall ensure that each of its Subsidiaries shall, and the Restricted Individual shall cause each member of the Group to, (i) conduct its business in the ordinary and usual course and in accordance with each business plan approved by the Shareholders in accordance with SECTION 2.06.
Notices to the Ordinary Shareholders shall also be given to the Restricted Individual and the Preferred Shareholders on the same date and in the same manner.
If at any time or from time to time there shall be a reclassification or recapitalization of the Ordinary Shares (other than a subdivision, combination or merger or sale of assets transaction provided for elsewhere in this paragraph 4), provision shall be made so that the Restricted Individual shall thereafter be entitled to receive the same voting rights as she would have been entitled to prior to such reclassification or recapitalization.
Without limiting the generality of the foregoing, the Restricted Individual agrees to provide the Company and its Affiliates with reasonable support and assistance in respect of relevant governmental regulatory matters, including, without limitation, assisting the Company in its efforts to obtain preferential tax and other treatments for its Affiliates.