Common use of Agreement to Retain Shares Clause in Contracts

Agreement to Retain Shares. Holder agrees not to transfer (except as may be specifically required by court order), sell, exchange, pledge (except in connection with a bona fide loan transaction, provided that any pledgee agrees not to transfer, sell, exchange, pledge or otherwise dispose of or encumber the Subject Shares prior to the Expiration Date and also agrees to be subject to the Proxy (as defined in Section 4)) or otherwise dispose of or encumber the Subject Shares, or to make any offer or agreement relating thereto, at any time prior to the Expiration Date (as defined in Section 8 hereof).