Common use of No Election Contests Clause in Contracts

No Election Contests. No Stockholder shall, directly or indirectly, solicit proxies or become a "participant" in a "solicitation" in opposition to the recommendation of the Company's Board of Directors with respect to any matter, including, without limitation, any "election contest" relating to the election of directors of the Company (as such terms are defined in Regulation 14A under the Exchange Act) or initiate, propose or otherwise solicit stockholders of the Company for the approval of one or more stockholder proposals at any time, or induce or attempt to induce any other person to initiate any stockholder proposal; provided, however, that each Stockholder shall vote any Voting Securities directly or indirectly beneficially owned by such Stockholder in any "election contest" in accordance with the provisions of the first paragraph of Section 1.2 hereof.

Appears in 4 contracts

Samples: Stockholders Agreement (Corecomm LTD /De/), Stockholder Agreement (Corecomm LTD /De/), Recapitalization Agreement and Plan of Merger (Corecomm LTD)

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