Common use of Deadlock Clause in Contracts

Deadlock. 7.1.1 A deadlock (a “Deadlock”) shall have occurred if a bona fide proposal in respect of any Reserved Matter has not been approved in accordance with clause 6.1 and the A Shareholder or the B Shareholder (as the case may be) notifies the other in writing that it regards such proposal (the “Deadlock Matter”) as not having been agreed and that a Deadlock has arisen (a “Deadlock Notice”).

Appears in 5 contracts

Samples: Shareholders’ Agreement (Mondelez International, Inc.), www.sec.gov, Shareholders’ Agreement (Mondelez International, Inc.)

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