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Since the memorandum and articles of association constitute a contract and every member has an individual right to have the terms of the contract enforced, a member could seek orders for specific performance or mandatory injunctions against the company to carry out the necessary procedures, and against the other members to vote for winding Up. At the Annual Meeting, the shareholders also approved an amendment to the Company's Memorandum and Articles of Association converting the Ordinary Shares, NIS 0. 6) amendment of the Memorandum and Articles of Association changing the name of the Company; |
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