Plan of Liquidation. From and after the date hereof, the Plan of Liquidation shall be amended as follows: (a) Section 3 of the Plan of Liquidation shall be amended by adding the following sentence at the end thereof: "If the Plan of Liquidation is approved and the assets of the Company are not fully liquidated by October 31, 2007, Purchaser will vote or cause to be voted all shares of Common Stock beneficially owned by Purchaser on any shareholder proposal in accordance with the votes cast by holders of a majority of the shares of Common Stock not held by Purchaser or its affiliates." (b) Section 4(g) of the Plan of Liquidation shall be renumbered as Section 4(h), and the following shall be added as a new Section 4(g):
Appears in 6 contracts
Samples: Stock Purchase Agreement (Shelbourne Properties Ii Inc), Stock Purchase Agreement (Shelbourne Properties Iii Inc), Stock Purchase Agreement (Hx Investors Lp)
