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}
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}
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635
the British Group shall transfer 2,500 out of the,
said 7,500 shares to the French Group and shall retain
the remaining 5,000 shares for themselves so that in
the event of the American Group not participating the
said 100,000 shares will be held as to 45,000 by the
British Group or their nominees as to 45,000 by the
French Group or their nominees and as to 10,000 by the
Belgian Group or their nominees. None of the said
100,000 shares shall save as aforesaid be sold trans-
ferred mortgaged or otherwise dealt with without the
consent of the British and French Groups for a period
of five years from the date hereof and before the
transfer of the shares aforesaid to the Belgian and
American Groups agreements to the like effect to this
Clause shall be entered into by them and by the Bel-
gian Group also relating to the shares already trans-
ferred to them as aforesaid.
4. The number of Directors of the Company shall
be increased to 18 of whom 9 shall be from time to time
appointed by the holders of the 550 deferred shares
numbered
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