On and After Closing. Subject to the provisions of Section 6.3 hereof, on and after the Closing Date, none of the shares of stock of the Purchaser which are subject to the escrow provisions of this Agreement shall be transferred or pledged except pursuant to the provisions of this Agreement. The voting rights with respect to such shares shall be exercisable by the owners of such shares. Dividends, if any, declared on the Common Stock during the effectiveness of such escrow provisions shall be paid to and reinvested by the escrow agent as the parties shall agree.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Tekgraf Inc), Stock Purchase Agreement (Tekgraf Inc), Stock Purchase Agreement (Tekgraf Inc)
On and After Closing. Subject to the provisions of Section 6.3 hereof, on (a) On and after the Closing Date, none of the shares of stock of the Purchaser which are subject to the escrow provisions of this Agreement shall be transferred or pledged except pursuant to the provisions of this Agreement. The voting rights with respect to such shares shall be exercisable by the owners of such shares. Dividends, if any, declared on the Purchaser Common Stock during the effectiveness of such escrow provisions shall be paid to and reinvested by the escrow agent as the parties shall agree.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Tekgraf Inc), Agreement and Plan of Merger (Tekgraf Inc), Agreement and Plan of Merger (Tekgraf Inc)
