Common use of Dilution Protection Clause in Contracts

Dilution Protection. CECONOMY undertakes to Convergenta, from today until the date on which the Capital In- crease through Contribution in Kind is entered in the commercial register responsible for CECONOMY (Registration Date) not to use approved capital (genehmigtes Kapital) or condi- tional capital (bedingtes Kapital) and not to propose any other capital measures to the Annual General Meeting. CECONOMY confirms that as at the date of conclusion of this Contribution Agreement, no instruments have been issued that are backed by conditional capital and that no resolution on the utilization of the existing approved capital has been passed.

Appears in 2 contracts

Sources: Share Purchase, Contribution and Transfer Agreement, Share Purchase, Contribution and Transfer Agreement