Common use of Ownership of Stock Clause in Contracts

Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Desktop Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of Desktop), voting trusts, proxies or other arrangements or understandings, whether written or oral, and Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 3 contracts

Samples: Exhibit 3 Participation Agreement (Desktop Data Inc), Participation Agreement (Desktop Data Inc), Exhibit 3 Participation Agreement (Desktop Data Inc)

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Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Desktop Individual Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of DesktopIndividual), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 3 contracts

Samples: Participation Agreement (Individual Inc), Participation Agreement (Desktop Data Inc), Participation Agreement (Individual Inc)

Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Desktop Target Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of DesktopTarget), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 2 contracts

Samples: Participation Agreement (Rational Software Corp), Participation Agreement (Rational Software Corp)

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Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Desktop EAST Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of DesktopEAST), voting trusts, proxies or other arrangements or understandings, whether written or oral, and Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 1 contract

Samples: East Voting Agreement (Act Manufacturing Inc)

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