Additional Covenants of Shareholders. Each Shareholder hereby agrees that: (a) Except as contemplated by this Agreement, such Shareholder shall not enter into any voting agreement or grant an irrevocable proxy or power of attorney with respect to the Common Shares or any other voting securities of the Trust acquired by such Shareholder which is inconsistent with this Agreement. (b) The transfer by such Shareholder of any Common Shares or any other voting securities of the Trust owned by such Shareholder shall be conditioned upon execution by the transferee of (i) a counterpart of this Agreement, pursuant to which such transferee shall be required to vote any Common Shares or other voting securities of the Trust transferred by such Shareholder in accordance with the provisions of this Agreement, and (ii) the Limited Proxy.
Appears in 6 contracts
Samples: Shareholder Agreements, Shareholder Agreement (Mack Cali Realty L P), Preferred Equity Investment Agreement (Mack Cali Realty L P)
