Common use of Certain Covenants of the Shareholder Clause in Contracts

Certain Covenants of the Shareholder. 7.1. Except in accordance with the provisions of this Agreement, the Shareholder agrees, prior to the termination of this Agreement as provided in Section 4 above, not to, directly or indirectly: (a) sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Shares; or (b) grant any proxies, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares. 7.2. The Shareholder agrees, while this Agreement is in effect, to notify the Target promptly of the number of any shares of Common Stock acquired by the Shareholder after the date hereof.