Common use of Agreement to Vote Bank Capital Stock Clause in Contracts

Agreement to Vote Bank Capital Stock. The Shareholder irrevocably and unconditionally hereby agrees that from the date hereof until the Expiration Time, at any meeting (whether annual or special and each adjourned or postponed meeting) of the Bank’s shareholders, however called or in connection with any written consent of the Bank’s shareholders, the Shareholder will (x) appear at such meeting or otherwise cause its Owned Shares (as defined below) to be counted as present thereat for purposes of calculating a quorum and (y) vote or cause to be voted (including by written consent, if applicable) all of the Shares beneficially owned by the Shareholder as of the relevant time (the “Owned Shares”), (1) in favor of the ratification and confirmation of the Merger Agreement, (2) against any Acquisition Proposal, without regard to any recommendation to the shareholders of the Bank by the Board of Directors of the Bank concerning such Acquisition Proposal, and without regard to the terms of such Acquisition Proposal, or other proposal made in opposition to or that is otherwise in competition or inconsistent with the transactions contemplated by the Merger Agreement, (3) against any agreement, amendment of any agreement (including the Bank Articles and the Bank Bylaws), or any other action that is intended or would reasonably be expected to prevent, impede, or, in any material respect, interfere with, delay, postpone, or discourage the transactions contemplated by the Merger Agreement, or (4) against any action, agreement, transaction or proposal that would reasonably be expected to result in a breach of any representation, warranty, covenant, agreement or other obligation of the Bank in the Merger Agreement.

Appears in 12 contracts

Samples: Voting Agreement (BankUnited, Inc.), Voting Agreement (BankUnited, Inc.), Voting Agreement (BankUnited, Inc.)

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