Common use of Agreement of the Trustees Clause in Contracts

Agreement of the Trustees. Each of the Trustees acknowledges that he or she has only bare legal title to the Stock beneficially owned by the Sxxxxxxxx Shareholders and the Sxxxxxx Shareholders, respectively, and he or she agrees with all parties hereto that he or she shall promptly take all action necessary and appropriate to effect the transfer of title to any Stock that is permitted or required to be Transferred by the Sxxxxxxxx Shareholders or the Sxxxxxx Shareholders, as the case may be, pursuant to the provisions of this Section 3 or under Section 4 or 5. Each such Trustee further agrees that he or she shall not have the power to transfer title to any of the Stock owned of record by him except pursuant to a transfer permitted or required to be made by the Sxxxxxxxx Shareholders or Sxxxxxx Shareholders under this Section 3 or under Section 4 or 5. All of the provisions of this Section 3.02 shall be binding upon all successors and assigns of each such Trustee.

Agreement of the Trustees. Each of the Trustees acknowledges that he or she has only bare legal title to the Stock beneficially owned by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders and the Sxxxxxx ShareholdersScudxxx Xxxreholders, respectively, and he or she agrees with all parties hereto that he or she shall promptly take all action necessary and appropriate to effect the transfer of title to any Stock that is permitted or required to be Transferred transferred by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders or the Sxxxxxx ShareholdersScudxxx Xxxreholders, as the case may be, pursuant to the provisions of this Section 3 or under Section Sections 4 or 5. Each such Trustee further agrees that he or she shall not have the power to transfer title to any of the Stock owned of record by him except pursuant to a transfer permitted or required to be made by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders or Sxxxxxx Shareholders Scudxxx Xxxreholders under this Section 3 or under Section Sections 4 or 5. All of the provisions of this Section 3.02 shall be binding upon all successors and assigns of each such Trustee.

Agreement of the Trustees. Each of the Trustees acknowledges that he or she has only bare legal title to the Stock beneficially owned by the Sxxxxxxxx Singleton Shareholders and the Sxxxxxx Xxxxxxx Shareholders, respectivelyrespectixxxx, and xnd he or she agrees with all parties hereto that he or she shall promptly take all action necessary and appropriate to effect the transfer of title to any Stock that is permitted or required to be Transferred transferred by the Sxxxxxxxx Singleton Shareholders or the Sxxxxxx thx Xxxxxxx Shareholders, as the case may xxxx xay be, pursuant to the provisions of this Section 3 or under Section Sections 4 or 5. Each such Trustee further agrees that he or she shall not have the power to transfer title to any of the Stock owned of record by him except pursuant to a transfer permitted or required to be made by the Sxxxxxxxx Singleton Shareholders or Sxxxxxx Shareholders Scudxxx Xxxxxholders under this Section thix Xxxxxon 3 or under Section Sections 4 or 5. All of the provisions of this Section 3.02 shall be binding upon all successors and assigns of each such Trustee.

Agreement of the Trustees. Each of the Trustees Singxxxxx XXX Xxxstee and the Scudxxx XXX Xxxst Trustee acknowledges that he or she has only bare legal title to the Stock beneficially owned by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders and the Sxxxxxx ShareholdersScudxxx Xxxreholders, respectively, and he or she agrees with all parties hereto that he or she shall promptly take all action necessary and appropriate to effect the transfer of title to any Stock that is permitted or required to be Transferred transferred by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders or the Sxxxxxx ShareholdersScudxxx Xxxreholders, as the case may be, pursuant to the provisions of this Section 3 or under Section Sections 4 or 5. Each such Trustee further agrees that he or she shall not have the power to transfer title to any of the Stock owned of record by him except pursuant to a transfer permitted or required to be made by the Sxxxxxxxx Shareholders Singxxxxx Xxxreholders or Sxxxxxx Shareholders Scudxxx Xxxreholders under this Section 3 or under Section Sections 4 or 5. All of the provisions of this Section 3.02 shall be binding upon all successors and assigns of each such Trustee.