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Article 422Enjoinment of Acts of Executive Officers by Shareholders

第四百二十二条(株主による執行役の行為の差止め)

If an executive officer engages, or is likely to engage, in an act outside the scope of the purpose of a company with nominating committee, etc., or other acts in violation of laws and regulations or the articles of incorporation, if that act is likely to cause irreparable damage to the company with nominating committee, etc., shareholders having the shares consecutively for the preceding six months or more (or, if a shorter period is prescribed in the articles of incorporation, that period or more) may demand that the executive officer cease that act.

六箇月(これを下回る期間を定款で定めた場合にあっては、その期間)前から引き続き株式を有する株主は、執行役が指名委員会等設置会社の目的の範囲外の行為その他法令若しくは定款に違反する行為をし、又はこれらの行為をするおそれがある場合において、当該行為によって当該指名委員会等設置会社に回復することができない損害が生ずるおそれがあるときは、当該執行役に対し、当該行為をやめることを請求することができる。

For the purpose of the application of the provisions of the preceding paragraph to a company with nominating committee, etc. which is not a public company, the phrase "shareholders having the shares consecutively for the preceding six months or more (or, if a shorter period is prescribed in the articles of incorporation, that period or more)" in that paragraph is deemed to be replaced with "shareholders".

公開会社でない指名委員会等設置会社における前項の規定の適用については、同項中「六箇月(これを下回る期間を定款で定めた場合にあっては、その期間)前から引き続き株式を有する株主」とあるのは、「株主」とする。

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