Common use of Pledgee to be Bound by Stock Restriction Agreements and Voting Agreements Clause in Contracts

Pledgee to be Bound by Stock Restriction Agreements and Voting Agreements. The Pledgee agrees to execute and be bound by the Stock Restriction Agreements (as previously defined) and the Voting Agreements entered into or to be entered into by and among Startec, a subsidiary of Startec, Andexxxx xxx Gold & Appex, xx each case in form and substance substantially in accordance with drafts of such agreements provided to the Pledgee prior to the date hereof, to the extent that such agreements (i) place limitations for specified periods on the transfer of shares of Startec Stock or shares of Capsule stock, in each case which have been pledged to the Pledgee, or (ii) require during a specified period that votes cast with respect to shares of Capsule stock which have been pledged to the Pledgee be cast in favor of approval of the Merger Agreement and the Proposed Merger Transaction, in favor of any matter or transaction that is reasonably required to effect the merger and the other transactions contemplated by the Merger Agreement, or against any other acquisition proposal or matters which could reasonably be expected to facilitate any other acquisition proposal.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Burns Donald A)

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Pledgee to be Bound by Stock Restriction Agreements and Voting Agreements. The Pledgee agrees to execute and be bound by the Stock Restriction Agreements (as previously defined) and the Voting Agreements entered into or to be entered into by and among Startec, a subsidiary of Startec, Andexxxx xxx Anderson and Gold & AppexAppel, xx each case ix xxxx xase in form and substance xxx xubstance substantially in accordance with drafts of such agreements provided to the Pledgee prior to the date hereof, to the extent that such agreements (i) place limitations for specified periods on the transfer of shares of Startec Stock or shares of Capsule stock, in each case which have been pledged to the Pledgee, or (ii) require during a specified period that votes cast with respect to shares of Capsule stock which have been pledged to the Pledgee be cast in favor of approval of the Merger Agreement and the Proposed Merger Transaction, in favor of any matter or transaction that is reasonably required to effect the merger and the other transactions contemplated by the Merger Agreement, or against any other acquisition proposal or matters which could reasonably be expected to facilitate any other acquisition proposal.

Appears in 2 contracts

Samples: Pledge Agreement (Covista Communications Inc), Pledge Agreement (Gold & Appel Transfer Sa)

Pledgee to be Bound by Stock Restriction Agreements and Voting Agreements. The Pledgee agrees to execute and be bound by the Stock Restriction Agreements (as previously defined) and the Voting Agreements entered into or to be entered into by and among Startec, a subsidiary of Startec, Andexxxx xxx Xxxxxxxx and Gold & AppexXxxxx, xx in each case in form and substance substantially in accordance with drafts of such agreements provided to the Pledgee prior to the date hereof, to the extent that such agreements (i) place limitations for specified periods on the transfer of shares of Startec Stock or shares of Capsule stock, in each case which have been pledged to the Pledgee, or (ii) require during a specified period that votes cast with respect to shares of Capsule stock which have been pledged to the Pledgee be cast in favor of approval of the Merger Agreement and the Proposed Merger Transaction, in favor of any matter or transaction that is reasonably required to effect the merger and the other transactions contemplated by the Merger Agreement, or against any other acquisition proposal or matters which could reasonably be expected to facilitate any other acquisition proposal.

Appears in 1 contract

Samples: Stock Pledge Agreement (Gold & Appel Transfer Sa)

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Pledgee to be Bound by Stock Restriction Agreements and Voting Agreements. The Pledgee agrees to execute and be bound by the Stock Restriction Agreements (as previously defined) and the Voting Agreements entered into or to be entered into by and among Startec, a subsidiary of Startec, Andexxxx xxx Gold & Appex, xx each case in form and substance substantially in accordance with drafts of such agreements provided to the Pledgee prior to the date hereof, to the extent that such agreements (i) place limitations for specified periods on the transfer of shares of Startec Stock or shares of Capsule stock, in each case which have been pledged to the Pledgee, or (ii) require during a specified period that votes cast with respect to shares of Capsule stock which have been pledged to the Pledgee be cast in favor of approval of the Merger Agreement and the Proposed Merger Transaction, in favor of any matter or transaction that is reasonably required to effect the merger and the other transactions contemplated by the Merger Agreement, or against any other acquisition proposal or matters which could reasonably be expected to facilitate any other acquisition proposal.

Appears in 1 contract

Samples: Pledge Agreement (Burns Donald A)

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