Common use of Company and Holding Company Representation Clause in Contracts

Company and Holding Company Representation. The Company and Holding Company hereby covenant and agree that they will forthwith submit to the stockholders of the Company and the shareholders of Holding Company for a separate vote a proposal to approve, in compliance with the requirements of Section 280G(b)(5)(B) of the Code and proposed Treasury Regulation Section 1.280G-1, Q&A7, Employee's conditional right to receive the Excess Benefits. Holding Company agrees to vote its shares in the Company in favour of such proposal.

Company and Holding Company Representation. The Company and Holding Company hereby covenant and agree that they will forthwith submit to the stockholders of the Company and the shareholders of Holding Company for a separate vote a proposal to approve, in compliance with the requirements of Section 280G(b)(5)(B) of the Code and proposed Treasury Regulation Section 1.280G-1, Q&A7, Employee's conditional right to receive the Excess Benefits. Holding Company agrees to vote its shares in the Company in favour of such proposal.

Company and Holding Company Representation. The Company and Holding Company hereby covenant and agree that they will forthwith submit to the stockholders of the Company and the shareholders of Holding Company for a separate vote a proposal to approve, in compliance with the requirements of Section 280G(b)(5)(B) of the Code and proposed Treasury Regulation Section 1.280G-1, Q&A7, Employee's conditional right to receive the Excess Benefits. Holding Company agrees to vote its shares in the Company in favour of such proposal.

Company and Holding Company Representation. The Company and Holding Company hereby covenant and agree that they will forthwith submit to the stockholders of the Company and the shareholders of Holding Company for a separate vote a proposal to approve, in compliance with the requirements of Section 280G(b)(5)(B) of the Code and proposed Treasury Regulation Section 1.280G-1, Q&A7, Employee's conditional right to receive the Excess Benefits. Holding Company agrees to vote its shares in the Company in favour of such proposal.