Common use of Irrevocability of Proxy Clause in Contracts

Irrevocability of Proxy. The proxy and power of attorney granted pursuant to this Article 2 by the Stockholders shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in Law to support an irrevocable proxy and shall revoke any and all prior proxies granted thereby. The power of attorney granted by the Stockholders herein is a durable power of attorney and shall survive the dissolution, bankruptcy or incapacity of the Stockholders. The proxy and power of attorney granted hereunder shall terminate upon the termination of this Agreement.

Appears in 3 contracts

Samples: Voting Agreement (Integrated Defense Technologies Inc), Voting Agreement (DRS Technologies Inc), Voting Agreement (Integrated Defense Technologies Inc)

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Irrevocability of Proxy. The proxy and power of attorney granted by each Stockholder pursuant to this Article 2 by the Stockholders II shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in Law law to support an irrevocable proxy and shall revoke any and all prior proxies granted therebywith respect to the Stockholder Shares of such Stockholder. The power of attorney granted by the Stockholders herein each Stockholder pursuant to this Agreement is a durable power of attorney and shall survive the dissolution, bankruptcy or incapacity of the StockholdersStockholder. The proxy and power of attorney granted hereunder by each Stockholder pursuant to this Agreement shall terminate upon the termination of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Pirate Capital LLC)

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Irrevocability of Proxy. The proxy and power of attorney granted by the Shareholder pursuant to this Article 2 by the Stockholders II shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest sufficient in Law law to support an irrevocable proxy and shall revoke any and all prior proxies granted therebywith respect to the Subject Shares of the Shareholder. The power of attorney granted by the Stockholders herein Shareholder pursuant to this Agreement is a durable power of attorney and shall survive the dissolution, bankruptcy or incapacity of the StockholdersShareholder. The proxy and power of attorney granted hereunder by the Shareholder pursuant to this Agreement shall terminate upon the termination of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Pw Eagle Inc)

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