Common use of Rights and Obligations of Shareholders Clause in Contracts

Rights and Obligations of Shareholders. 5.1 Each ordinary share gives the Shareholder 1 (one) vote at the General Meeting on all issues within the General Meeting’s competence. 5.2 The Shareholders holding ordinary shares have the following rights: (a) to participate in, and vote at, the General Meeting on all issues within its competence; (b) to receive declared dividends and in the event of the Company’s liquidation, the property remaining after the satisfaction of creditors’ claims; (c) to have access to documents of the Company as provided by the Law; (d) insofar as the Shareholder owns more than 1% of the Company’s voting shares, to obtain information from the Company’s shareholders register on the names of other registered Shareholders and the number of shares owned by them; and (e) other rights as set out in the Legislation and this Charter. 5.3 No Shareholder has the right to give mandatory instructions to the Company. 5.4 The Shareholders shall not be liable for the Company’s obligations and shall bear losses relating to the Company’s activities only to the extent of the value of the Company’s shares belonging to them. 5.5 The Shareholders are obliged to (i) make their respective charter capital contributions in the established procedure; (ii) co-operate with the Company to implement its objectives; and (iii) keep confidential commercial information that they receive from the Company or other Shareholders.