Common use of No Further Action Clause in Contracts

No Further Action. Notwithstanding the foregoing, nothing in this Agreement shall require a Shareholder to exercise any Stock Option owned of record and/or beneficially owned by such Shareholder.

Appears in 2 contracts

Samples: Voting Agreement (Mod Pac Corp), Voting Agreement (Mod Pac Corp)

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No Further Action. Notwithstanding the foregoing, nothing in this Agreement shall require a Shareholder Stockholder to exercise any Stock Option or Company Award owned of record and/or beneficially owned by such ShareholderStockholder.

Appears in 2 contracts

Samples: Voting Agreement (Cole Kenneth Productions Inc), Voting Agreement (Cole Kenneth Productions Inc)

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