Shareholder Approval Clause Example from Business Contracts

This example Shareholder Approval clause appears in 2 contracts from 1 company

Shareholder Approval. If required by the Applicable Laws, continuance of the Plan shall be subject to approval by the shareholders of the Company within twelve (12) months before or after the date the Plan is adopted. Such shareholder approval shall be obtained in the manner and to the degree required under the Applicable Laws.
Found in Churchill Capital Corp IV contract
Churchill Capital Corp IV Contracts

Atieva, Inc. 2009 Share Plan (Filed With SEC on March 22, 2021)

Atieva, Inc. 2014 Share Plan, as amended January 11, 2021 (Filed With SEC on March 22, 2021)