Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 401

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 401
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Co acquires fully paid -upPubCo Ordinary Shares for the purpose of transferring these to employees of PubCo or its subsidiaries under any applicable equity compensation plan, provided that those shares are quoted on an official list of a stock exchange. In addition, PubCo nor its subsidiaries may hold more than one -tenthof its issued share capital for more than three years after it was converted into a public limited liability company ( naamloze vennootschap) or after it acquired its own shares (i) for no consideration or (ii) under universal succession of title ( algemene titel). Owned PubCo shares pledged by PubCo and its subsidiaries are taken into account in this respect. Any PubCo shares held by PubCo in excess of the amount permitted shall automatically transfer to the directors jointly at the end of the last day of such three -yearperiod. Each director shall be jointly and severally liable to compensate PubCo for the value of the PubCo shares at such time, with interest at the statutory rate thereon from such time. The same applies to the acquisition of PubCo shares for employees of PubCo under any applicable equity compensation plan, provided that those PubCo shares are quoted on an official list of a stock exchange and held by PubCo for more than 1 year after acquisition thereof. PubCo cannot derive any right to any distribution from PubCo shares, or voting rights attached to PubCo shares acquired by it. The PubCo general meeting will adopt a resolution prior to the Closing to authorize the PubCo board of directors for a period of 18 months from the Closing, to repurchase PubCo Ordinary Shares representing up to ten percent (10%) of PubCo’s issued share capital determined as at close of business at the day of the listing or the PubCo Ordinary Shares on the Nasdaq Stock Market. Reduction of Share Capital The PubCo general meeting may resolve to reduce PubCo’s issued and outstanding share capital by reducing the nominal value of shares through amendment of the PubCo Articles of Association, cancelling shares held by the Company itself and cancelling all PubCo Preferred Shares without repayment of their nominal value. A resolution to cancel all issued PubCo Preferred Shares will be subject to the approval of the meeting of holders of PubCo Preferred Shares. A resolution of the PubCo general meeting to reduce the share capital will require a majority of at least two -thirdsof the votes cast at a PubCo general meeting if less than half of the issued share capital is represented at the meeting. If half or more of the