Common use of Endorsement of Pledge Agreement Clause in Contracts

Endorsement of Pledge Agreement. To the extent the purchase price for any Shares is paid in whole or in part by the assumption of a note the purchaser shall execute an endorsement to any existing pledge agreement issued to the seller of such Shares agreeing to be bound by the terms of such agreement.

Appears in 7 contracts

Samples: Shareholders Agreement, Shareholders Agreement (Manning & Napier, Inc.), Shareholders Agreement (Manning & Napier, Inc.)

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