Agreement to Vote Irrevocable Proxy. (a) During the term of this Agreement and at such time as SONA conducts the SONA Shareholders Meeting, the Shareholder agrees to vote or cause to be voted all of the Shares, and to cause any holder of record of the Shares to vote all such Shares, in person or by proxy: (i) in favor of the Merger Agreement at the SONA Shareholders Meeting; and (ii) against (A) any Acquisition Proposal, (B) any action, proposal, transaction or agreement which could reasonably be expected to result in a breach of any covenant, representation or warranty or any other obligation or agreement of SONA under the Merger Agreement or of the Shareholder under this Agreement and (C) any action, proposal, transaction or agreement that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment of EVBS’s or SONA’s conditions under the Merger Agreement.
Appears in 2 contracts
Samples: Affiliate Agreement (Eastern Virginia Bankshares Inc), Affiliate Agreement (Southern National Bancorp of Virginia Inc)
Agreement to Vote Irrevocable Proxy. (a) During the term of this Agreement and at such time as SONA EVBS conducts the SONA EVBS Shareholders Meeting, the Shareholder agrees to vote or cause to be voted all of the Shares, and to cause any holder of record of the Shares to vote all such Shares, in person or by proxy: (i) in favor of the Merger Agreement at the SONA EVBS Shareholders Meeting; and (ii) against (A) any Acquisition Proposal, (B) any action, proposal, transaction or agreement which could reasonably be expected to result in a breach of any covenant, representation or warranty or any other obligation or agreement of SONA EVBS under the Merger Agreement or of the Shareholder under this Agreement and (C) any action, proposal, transaction or agreement that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment of EVBS’s or SONA’s conditions under the Merger Agreement.
Appears in 2 contracts
Samples: Affiliate Agreement (Eastern Virginia Bankshares Inc), Affiliate Agreement (Southern National Bancorp of Virginia Inc)
Agreement to Vote Irrevocable Proxy. (a) During the term of this Agreement and at such time as SONA EVBS conducts the SONA EVBS Shareholders Meeting, except as set forth on Schedule B, the Shareholder agrees to vote or cause to be voted all of the Shares, and to cause any holder of record of the Shares to vote all such Shares, in person or by proxy: (i) in favor of the Merger Agreement at the SONA EVBS Shareholders Meeting; and (ii) against (A) any Acquisition Proposal, (B) any action, proposal, transaction or agreement which could reasonably be expected to result in a breach of any covenant, representation or warranty or any other obligation or agreement of SONA EVBS under the Merger Agreement or of the Shareholder under this Agreement and (C) any action, proposal, transaction or agreement that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment of EVBS’s or SONA’s conditions under the Merger Agreement.
Appears in 2 contracts
Samples: Voting Agreement (Eastern Virginia Bankshares Inc), Voting Agreement (Southern National Bancorp of Virginia Inc)