Article 10
1. For the purpose of calculating total annual turnover within the meaning of Article
2(2) and (4), the turnover achieved during the previous financial year by the relevant party to the vertical agreement and the
turnover achieved by its connected undertakings in respect of all goods and services, excluding all taxes and other duties,
shall be added together. For this purpose, no account shall be taken of dealings between the party to the vertical agreement and
its connected undertakings or between its connected undertakings.
2. The exemption provided for in Article 2 shall
remain applicable where, for any period of two consecutive financial years, the total annual turnover threshold is exceeded by
no more than 10 %.
Article 11
1. For the purposes of this Regulation, the terms
"undertaking", "supplier" and "buyer" shall include their respective connected undertakings.
2. "Connected undertakings"
are:
(a) undertakings in which a party to the agreement, directly or indirectly:
- has the power to exercise
more than half the voting rights, or
- has the power to appoint more than half the members of the supervisory board,
board of management or bodies legally representing the undertaking, or
- has the right to manage the undertaking's
affairs;
(b) undertakings which directly or indirectly have, over a party to the agreement, the rights or powers listed
in (a);
(c) undertakings in which an undertaking referred to in (b) has, directly or indirectly, the rights or powers
listed in (a);
(d) undertakings in which a party to the agreement together with one or more of the undertakings
referred to in (a), (b) or (c), or in which two or more of the latter undertakings, jointly have the rights or powers listed in
(a);
(e) undertakings in which the rights or the powers listed in (a) are jointly held by:
- parties to the
agreement or their respective connected undertakings referred to in (a) to (d), or
- one or more of the parties to the
agreement or one or more of their connected undertakings referred to in (a) to (d) and one or more third parties.
3. For
the purposes of Article 3, the market share held by the undertakings referred to in paragraph 2(e) of this Article shall be
apportioned equally to each undertaking having the rights or the powers listed in paragraph 2(a).
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