Common use of Non-Material Amendments Clause in Contracts

Non-Material Amendments. 14.10.01 The Directors may from time to time by ordinary resolution amend this Agreement to effect Non-Material Amendments. 14.10.02 For the better accomplishment of this Article 14.10, but without limitation to paragraph 14.10.01, each Shareholder hereby irrevocably appoints the person then holding the office of President (or equivalent) of PCLEH as the Shareholder’s attorney for the purpose of giving consent to every amendment adopted in accordance with this Article 14.10 and of signing any and all such documents on the Shareholder’s behalf as the President of PCLEH may determine to document such consent.

Appears in 2 contracts

Sources: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement (PCL Employees Holdings Ltd.)

Non-Material Amendments. 14.10.01 14.10.1 The Directors may from time to time by ordinary resolution amend this Agreement to effect Non-Material Amendments. 14.10.02 14.10.2 For the better accomplishment of this Article 14.10, but without limitation to paragraph 14.10.01, each Shareholder hereby irrevocably appoints the person then holding the office of President (or equivalent) of PCLEH as the Shareholder’s attorney for the purpose of giving consent to every amendment adopted in accordance with this Article 14.10 and of signing any and all such documents on the Shareholder’s behalf as the President of PCLEH may determine to document such consent.

Appears in 1 contract

Sources: Unanimous Shareholder Agreement (PCL Employees Holdings Ltd.)