Common use of Charter and By-Laws Clause in Contracts

Charter and By-Laws. During the term of this Agreement the Company shall not, and the Shareholder Group shall not, and shall not facilitate any effort to, amend, alter or repeal, or propose the amendment, alteration or repeal of, any provision of the Charter or the By-Laws in any manner which is inconsistent with the terms of this Agreement. If at any time during the term of this Agreement the provisions of this Agreement shall conflict with the provisions of the Charter or the By-Laws, the parties shall use all reasonable efforts, consistent with their fiduciary responsibilities, to cause the provisions of the Charter and the By-Laws to be brought into conformity with the provisions of this Agreement.

Appears in 7 contracts

Samples: Shareholder Agreement (Pepsico Inc), Shareholder Agreement (Pepsiamericas Inc/Il/), Shareholder Agreement (Pepsiamericas Inc/Il/)

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Charter and By-Laws. During the term of this Agreement the Company shall not, and the Shareholder Group shall not, not and shall not facilitate any effort to, amend, alter or repeal, or propose the amendment, alteration or repeal of, any provision of the Charter or the By-Laws in any manner which is inconsistent with the terms of this Agreement. If at any time during the term of this Agreement the provisions of this Agreement shall conflict with the provisions of the Charter or the By-Laws, the parties shall use all reasonable efforts, consistent with their fiduciary responsibilities, to cause the provisions of the Charter and the By-Laws to be brought into conformity with the provisions of this Agreement.

Appears in 2 contracts

Samples: Rights Agreement (Whitman Corp/New/), Rights Agreement (Heartland Territories Holdings Inc)

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