Common use of Pledge of Common Stock Clause in Contracts

Pledge of Common Stock. No Party shall, except with the prior written consent of the other Parties (such consent not to be unreasonably withheld), pledge, mortgage, charge or otherwise encumber any Common Stock or any interest in any Common Stock, or grant an option over any Common Stock or any interest in any Common Stock.

Appears in 5 contracts

Samples: Shareholder Agreement (Getty Investments LLC), Shareholder Agreement (Crediton LTD), Shareholder Agreement (October 1993 Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!