Common use of Frequency and Location of Meetings Clause in Contracts

Frequency and Location of Meetings. 1.1 The Board may call a meeting of the Shareholders of the Company in Luxembourg (a Shareholders’ Meeting) at a time and place the Board resolves, unless exceptional circumstances apply. 1.2 Except in the case of an urgent general meeting of Shareholders in accordance with clause 5.5(a), either Major Shareholder may call a Shareholders’ Meeting by notice in writing to the other Shareholder(s). Unless the Shareholder(s) agree otherwise, at least 20 Business Days’ notice shall be given to each Shareholder of any Shareholders’ Meeting (or 5 Business Days’ notice in the case of an adjourned meeting) which notice period must exclude the date of the notice and the date of the Shareholders’ Meeting unless all Shareholders agree otherwise. 1.3 An annual Shareholders’ Meeting will be held each year at the registered office of the Company in Luxembourg, Grand Duchy of Luxembourg.