Ministry Of Defence Lockheed Martin Aircraft Argentina Sa - Option Of Purchase Of Shares - Full Text Of The Norm

Original Language Title: MINISTERIO DE DEFENSA LOCKHEED MARTIN AIRCRAFT ARGENTINA SA - OPCION DE COMPRA DE ACCIONES - Texto completo de la norma

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image inicio sitio infoleg MInisterio de Justicia y Derechos Humanos
MINISTERIO DEFENSA Law 26.501 Authorize the National Executive to exercise the option of purchasing the actions of Lockheed Martin Aircraft Argentina Sociedad Anónima. Sanctioned: August 5, 2009. Promulgated: August 21, 2009.

The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force of Law:

ARTICLE 1 Authorize the National Executive, through the Ministry of Defence, to exercise the option of purchasing the actions of Lockheed Martin Aircraft Argentina Sociedad Anónima, in the terms and conditions provided for in the contract 07 signed between the Argentine Republic, Lockheed Martin Aircraft Argentina Sociedad Anónima, Lockheed Martin Aeronautics Service International and Alberto Osvaldo Buthet, dated October 23, 2007, and in its addenda of 2008.

ARTICLE 2 Simultaneously with the transfer of the actions, the national executive branch, through the Ministry of Defence, will make the statutory modifications and will encourage the assembly and boarding decisions regarding the change of authorities and agents of the society, as well as the change of the denomination of the same, in such a way as to ensure the transfer and its framework in accordance with the legal nature adopted by that society.

Article 3 In no case shall the national State yield the majority shareholders of society, the strategic decision-making capacity and the right to veto in the decisions of society.

ARTICLE 4 Please provide the National Executive Branch with the necessary administrative and budgetary measures for the implementation of this Act.

ARTICLE 5o Contact the national executive branch.

IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, TO THE TWO DAYS OF THE MONTH OF AUTHORITY OF THE YEAR.

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JULY C. C. COBOS. EDUARDO A. FELLNER. . Enrique Hidalgo. . Juan H. Estrada.