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LPL » Topics » Article 21. (Restrictions on the Exercise of Voting Rights by Cross Ownership)

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Article 21. (Restrictions on the Exercise of Voting Rights by Cross Ownership)

 

If the Company, its parent company and subsidiaries, or any of its subsidiaries hold shares exceeding one-tenth (1/10) of the total number of issued shares of another company, such other company may not exercise any voting rights with respect to the shares of the Company which it holds.

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