Common use of Covenants of Stockholders Clause in Contracts

Covenants of Stockholders. Each Stockholder agrees not to: except to the extent contained in this Agreement, grant any proxies, deposit any Company Common Shares into a voting trust or enter into a voting agreement with respect to any Company Common Shares; or without the prior written approval of Parent, solicit, initiate or encourage any inquiries or proposals for a merger or other business combination involving the Company.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Mid Illinois Bancshares Inc), Agreement and Plan of Merger (First Mid Illinois Bancshares Inc)

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Covenants of Stockholders. Each Stockholder agrees not to: except to the extent contained in this Agreement, grant any proxies, deposit any Company Common Shares into a voting trust or enter into a voting agreement with respect to any Company Common Shares; or without the prior written approval of Parentthe Parent or as contemplated in Section 5.1 of the Merger Agreement, solicit, initiate or encourage any inquiries or proposals for a merger or other business combination Acquisition Proposal involving the Company.

Appears in 1 contract

Samples: Voting Agreement (Cynergistek, Inc)

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Covenants of Stockholders. Each Stockholder agrees not to: except to the extent contained in this Agreement, grant any proxies, deposit any Company Common Shares into a voting trust or enter into a voting agreement with respect to any Company Common Shares; or without the prior written approval of ParentFirst Mid, solicit, initiate or encourage any inquiries or proposals for a merger or other business combination involving the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Mid Illinois Bancshares Inc)

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