Example ContractsClausesassignment of the mexican subsidiary shares to wacsIdentical
Assignment of the Mexican Subsidiary Shares to Wacs
Assignment of the Mexican Subsidiary Shares to Wacs contract clause examples

Definition of Subsidiary. For purposes of this Agreement, a “Subsidiary” shall mean any domestic or foreign corporation at least twenty percent (20%) of whose shares normally entitled to vote in electing directors is owned directly or indirectly by the Corporation or by other Subsidiaries, provided, however, that “at least fifty percent (50%)” shall replace “at least twenty percent (20%)” where there is not a legitimate business criteria for using such lower percentage.

KIMBERLY CLARK CORP (KMB) (CIK 0000055785)
Source: SEC EDGAR database • Date: November 16, 2017 • SIC: 2670 • CIK: 2670

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