The Michigan Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH regarding the transfer of shares to one or more qualified subsidiaries is a legally binding document that outlines the terms and conditions of transferring ownership of shares from Deutsche Telecom AG to NAB Nordamerika Beteiligungs Holding GmbH. This agreement serves as a mechanism for facilitating the transfer of shares between these two entities while ensuring compliance with relevant laws and regulations. It is designed to protect the interests of both parties involved and ensures a smooth transfer process. The agreement specifies the conditions under which the transfer can take place, including the number of shares to be transferred, the consideration (financial or otherwise) for the transfer, and any additional obligations or restrictions associated with the transfer. It is important to note that there may be different types of Michigan Transfer Agreements between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH regarding the transfer of shares to qualified subsidiaries. Some of these variations may include: 1. Michigan Transfer Agreement for Partial Transfer: This type of agreement is used when only a portion of the shares held by Deutsche Telecom AG is being transferred to one or more qualified subsidiaries of NAB Nordamerika Beteiligungs Holding GmbH. The agreement will specify the exact number or percentage of shares being transferred. 2. Michigan Transfer Agreement for Complete Transfer: In this case, the entire ownership of shares held by Deutsche Telecom AG is being transferred to one or more qualified subsidiaries of NAB Nordamerika Beteiligungs Holding GmbH. This agreement will outline the transfer process, including the transfer of all rights and responsibilities associated with the shares. 3. Michigan Transfer Agreement with Restrictive Covenants: In situations where certain limitations or restrictions are imposed on the transferred shares, such as prohibiting the subsidiaries from selling or transferring the shares further, a specific type of agreement known as the Michigan Transfer Agreement with Restrictive Covenants may be utilized. This agreement will contain provisions that outline these restrictions and the consequences of non-compliance. These variations in Michigan Transfer Agreements between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GmbH cater to the specific circumstances and preferences of both parties involved, ensuring a tailored approach to the transfer of shares to qualified subsidiaries.