(a) The Company and the Fellow acknowledge and agree that the Exchange Units are subject to and limited by the Securities Holder Agreement. Notwithstanding the contrary provisions of the Securities Agreement, lessee entities that have not become unshakable entities in accordance with Section 2 of this Agreement may not be transferred to a person and no lessee entity that is an unshakable entity may be transferred to a person that is not a related business of the recipient. Unshakable units can be transferred by will or the laws of filiation and distribution. The priority bond loan or preferred units are remunerated or remunerated each year at the policy rate to be paid at maturity, published on the day of issue in the Wall Street Journal. The value of each of these priority preferred units for the precipice of its expenditure (A) corresponds to the part of the cash payment paid by the issuance of these preferred units, divided by (B) the number of preferred units thus issued. All preferential shares or priority debt securities shall be redeemable or payable if and to the extent that the cash deferral condition that led to their issue no longer exists. c) The Fellow further represents and warrants that this Agreement constitutes the legal, valid and binding obligation of the Recipient, applicable in accordance with its terms, and that the performance, provision and performance of this Agreement by the Recipient is not in conflict, breach or breach with any agreement, contract or instrument involving the Fellow or judgment; Order or disposition submitted to the fellow. . . .
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