Company: NKLR
Filing Date: 2025-06-26
Form Type: S-4/A
Source: 0001213900-25-058019
Chunk: 372

Company: Terra Innovatum Global N.V.
Filing Date: 2025-06-26
Form: S-4/A
Chunk 372
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 the PubCo Articles of Association, (ii) PubCo and its subsidiaries would not thereafter hold shares or hold shares as pledgee with an aggregate nominal 194 value exceeding 50% of PubCo’s then current issued and outstanding share capital, and (iii) the PubCo board of directors has been designated to do so by the PubCo general meeting. Any acquisition by PubCo of shares in the capital of PubCo that are not fully paid -upshall be null and void. The authorization to the PubCo board of directors to acquire own PubCo shares in PubCo is valid for a maximum of 18 months. As part of the authorization, the general meeting of PubCo must specify the number of PubCo shares that may be repurchased, the manner in which the PubCo shares may be acquired and the price range within which the PubCo shares may be acquired. The designation of the PubCo board of directors is not required if PubCo 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