Common use of No Dissent Clause in Contracts

No Dissent. For so long as SCO owns (of record or beneficially) at least 5% of the outstanding Newco Common Stock, SCO agrees that it will not exercise dissenter's or appraisal rights or otherwise dissent or seek appraisal rights with respect to any Corporate Event involving Newco that has been approved by the Newco Board.

Appears in 3 contracts

Sources: Stockholder Agreement (Santa Cruz Operation Inc), Stockholder Agreement (Caldera Systems Inc), Stockholder Agreement (Santa Cruz Operation Inc)

No Dissent. For so long as SCO owns (of record or beneficially) at ---------- least 5% of the outstanding Newco Common Stock, SCO agrees that it will not exercise dissenter's or appraisal rights or otherwise dissent or seek appraisal rights with respect to any Corporate Event involving Newco that has been approved by the Newco Board.

Appears in 1 contract

Sources: Stockholder Agreement (Tarantella Inc)