Common use of Agreement to Retain Shares Clause in Contracts

Agreement to Retain Shares. The Shareholder shall not transfer, sell, exchange, pledge or otherwise dispose of or encumber the Shares or any New Shares; provided, however, that the Shareholder may transfer the Shares if the transferee, prior to such transfer, executes a voting agreement with respect to the Shares to be transferred, substantially in the form of this Agreement, and provides such executed agreement to CBSI.

Appears in 7 contracts

Samples: Merger Agreement (Community Bank System, Inc.), Voting Agreement (Oneida Financial Corp.), Merger Agreement (Wilber CORP)

AutoNDA by SimpleDocs

Agreement to Retain Shares. The Shareholder shall not transfer, sell, exchange, pledge or otherwise dispose of or encumber the Shares or any New Shares; providedPROVIDED, howeverHOWEVER, that the Shareholder Shareholders may transfer the Shares if the transferee, prior to such transfer, executes a voting agreement with respect to the Shares to be transferred, substantially in the form of this Agreement, and provides such executed agreement to CBSI.

Appears in 1 contract

Samples: Voting Agreement (Grange National Banc Corp)

AutoNDA by SimpleDocs

Agreement to Retain Shares. The Shareholder shall not transfer, sell, exchange, pledge or otherwise dispose of or encumber the Shares or any New Shares; provided, however, that the Shareholder Shareholders may transfer the Shares if the transferee, prior to such transfer, executes a voting agreement with respect to the Shares to be transferred, substantially in the form of this Agreement, and provides such executed agreement to CBSI.

Appears in 1 contract

Samples: Voting Agreement (Community Bank System Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!