Common use of Certain Prohibited Transfers Clause in Contracts

Certain Prohibited Transfers. Stockholder agrees not to (directly or indirectly): (i) (A) sell, transfer, pledge, encumber, assign, make any short sale of, or enter into any hedging or similar transaction having the same economic effect as a sale, or otherwise dispose of Stockholder’s Subject Shares or any interest contained therein, or (B) enter into any contract, option or other arrangement or understanding with respect to any matter referred to in clause “(A)” relating to the Stockholder’s Subject Shares or any interest contained therein (each of the matters in clauses “(A)” and “(B”) collectively referred to herein as a “Transfer”); (ii) grant any proxies or powers of attorney or enter into a voting agreement or other arrangement with respect to Stockholder’s Subject Shares, other than this Agreement; (iii) enter into, or deposit Stockholder’s Subject Shares into, a voting trust or take any other action which would, or could reasonably be expected to, result in a diminution of the voting power represented by any of Stockholder’s Subject Shares; or (iv) commit or agree to take any of the foregoing actions.

Appears in 5 contracts

Samples: Voting Agreement (Stemcells Inc), Voting Agreement (Stemcells Inc), Voting Agreement (Synageva Biopharma Corp.)

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