Meetings of the Shareholder Representatives. The two Shareholder Representatives shall meet at such times as may be requested by either Shareholder Representative, by ▇▇▇▇▇ or Shell or the Supervisory Board, but only (i) to resolve a deadlock at a Shareholders’ Prior Meeting or at the level of the Supervisory Board over any matters set forth in Annex B or Annex D, respectively, (ii) to resolve any other matter as the Supervisory Board may approve for referral to the Shareholder Representatives or (iii) to resolve any matter as requested by ▇▇▇▇▇ or Shell pursuant to the Joint Venture Agreement. All meetings of the Shareholder Representatives shall take place at a location or via teleconference or videoconference as may be mutually agreed upon by the Shareholder Representatives. Cosan and Shell shall procure that the Shareholder Representatives shall seek to resolve any matter referred to them within a period of 20 Business Days from the date that either of the Shareholders or the Supervisory Board, as the case may be, refers such matter to the Shareholder Representatives.
Appears in 1 contract
Sources: Shareholders’ Agreement (Cosan S.A.)
Meetings of the Shareholder Representatives. The two Shareholder Representatives shall meet at such times as may be requested by either Shareholder Representative, by ▇▇▇▇▇ or Shell or the Supervisory Board, but only (i) to resolve a deadlock at a Shareholders’ Prior Meeting or at the level of the Supervisory Board over any matters set forth in Annex B or Annex D, respectively, (ii) to resolve any other matter as the Supervisory Board may approve for referral to the Shareholder Representatives or (iii) to resolve any matter as requested by ▇▇▇▇▇ Cosan or Shell pursuant to the Joint Venture Agreement. All meetings of the Shareholder Representatives shall take place at a location or via teleconference or videoconference as may be mutually agreed upon by the Shareholder Representatives. Cosan and Shell shall procure that the Shareholder Representatives shall seek to resolve any matter referred to them within a period of 20 Business Days from the date that either of the Shareholders or the Supervisory Board, as the case may be, refers such matter to the Shareholder Representatives.
Appears in 1 contract
Sources: Shareholders’ Agreement (Cosan S.A.)