LICENSE

Copyright © 2021 AXA Group
 
Licensed under the Apache License, Version 2.0 (the "License");
 
you may not use this file except in compliance with the License.
 
You may obtain a copy of the License at
 
 
    http://www.apache.org/licenses/LICENSE-2.0
 
 
Unless required by applicable law or agreed to in writing, software
 
distributed under the License is distributed on an "AS IS" BASIS,
 
WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
 
See the License for the specific language governing permissions and
 
limitations under the License.
 
 
All AXA Companies constitute the "AXA Group" where "AXA Company" shall mean:
 
(i) AXA, "Société Anonyme" with a Board of Directors (herein "AXA SA") having its principal offices at 25, avenue Matignon, 75008 Paris, registered on the Commercial Registry of Paris under the number 572 093 920; and
 
(ii)    any other company controlled by, or controlling AXA SA, with a company being considered as controlling another:
 
when it holds directly or indirectly a portion of the capital according to it the majority of the voting rights in general meetings of shareholders of this company;
when it holds solely the majority of the voting rights in this company by virtue of an agreement concluded with other partners or shareholders and which is not contrary to the interest of the company;
when it determines de facto, by voting rights which it holds, the decisions in the general meetings of shareholders of this company;
in any event, when it holds, directly or indirectly, a portion of voting rights greater than 40% and when no other partner or shareholder holds directly or indirectly a portion which is greater than its own; and
(iii)   any economic interest group or joint venture in which AXA SA and/or one or more other Companies of the AXA Group participates for at least 50% in operating costs;
 
(iv)    in the cases where the law applicable to a company limits voting rights or control (such as defined here in above), this company will be deemed to be a company of the AXA Group, if the voting rights in general shareholders' meetings or the control held by a Company of the AXA Group reaches the maximum amount fixed by said applicable law; and
 
(v) any legal entity in which an AXA company holds a lower portion of the capital or of voting rights or cost participation than set forth above when such company is authorized to do business under the name "AXA" or under a name which include the "AXA" business name;
 
(vi)    and any other legal entity in which an AXA Company directly or indirectly has an economic interest. For the avoidance of doubt GIE AXA is deemed an AXA Company.