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ANNUAL REPORT 2011
or approval by those franchisors, as well as the
prevention of competition in the operational
branch of the mentioned foodservice brands.
I.22. Agreements between the company and
the Board of Director’s members and main
Directors, within the meaning of 248-B nº3
article of the Securities Code, that provide
for compensation if they resign or are
discharged without a valid cause or if their
employment ceases following a change in
company control
There are no agreements between the Company
and the Board of Directors members and other
main directors, as per section 3 of article
248-B of the Securities Code, which envisage
compensation should they resign, be discharged
without a valid cause, or if their employment
ceases following a change in company’s control.