Common use of Prohibition Against Acquisition Clause in Contracts

Prohibition Against Acquisition. Except for the shares of Perma-Fix Common Stock which the Xxxxxxxx Trusts acquire under this Agreement or through stock splits, stock dividends or stock options granted by Perma-Fix to TPS, acquire, offer or propose to acquire, or permit any Affiliate of the Xxxxxxxx Trusts or any of the Sullivans to acquire, directly or indirectly, or in conjunction with or through any other person, firm, corporation, entity, partnership, company or association, by purchase or otherwise, beneficial ownership of any shares of Perma-Fix Common Stock or any other voting securities of Perma-Fix or any rights or option to acquire voting securities of Perma-Fix or any securities convertible into any voting securities of Perma-Fix (collectively, "Perma-Fix Voting Securities") except as otherwise agreed to in writing by the President of Perma-Fix or approved by the Board of Directors (or a committee of the Board of Directors) of Perma-Fix. Notwithstanding anything in this Section 5.10.1 to the contrary, Xxxxxxx X. Xxxxxxxx and Xxxxxxx Xxxxxxxx, sons of TPS and ALS, may acquire shares of Perma-Fix Common Stock;

Appears in 2 contracts

Samples: Stock Purchase Agreement (Perma Fix Environmental Services Inc), Stock Purchase Agreement (Sullivan Thomas P)

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Prohibition Against Acquisition. Except for the shares of Perma-Fix Common Stock which the Xxxxxxxx Trusts acquire under this Agreement the Chem-Con Agreement, or through stock splits, stock dividends or stock options granted by Perma-Fix to TPS, acquire, offer or propose to acquire, or permit any Affiliate of the Xxxxxxxx Trusts or any of the Sullivans to acquire, directly or indirectly, or in conjunction with or through any other person, firm, corporation, entity, partnership, company or associationassoci- ation, by purchase or otherwise, beneficial ownership of any shares of Perma-Fix Common Stock or any other voting securities of Perma-Fix or any rights or option to acquire voting securities of Perma-Fix or any securities convertible into any voting securities of Perma-Fix (collectively, "Perma-Fix Voting Securities") ), except as otherwise agreed to in writing by the President of Perma-Fix or approved by the Board of Directors (or a committee of the Board of Directors) of Perma-Fix. Notwithstanding anything in this Section 5.10.1 5.1 to the contrary, Xxxxxxx X. Xxxxxxxx and Xxxxxxx Xxxxxxxx, sons of TPS and ALS, may acquire shares of Perma-Fix Common Stock;.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Sullivan Thomas P), Stock Purchase Agreement (Perma Fix Environmental Services Inc)

Prohibition Against Acquisition. Except for the shares of Perma-Fix Common Stock which the Xxxxxxxx Trusts acquire under this Agreement and the Chem-Met Agreement, or through stock splits, stock dividends or stock options granted by Perma-Fix to TPS, acquire, offer or propose to acquire, or permit any Affiliate of the Xxxxxxxx Trusts or any of the Sullivans to acquire, directly or indirectly, or in conjunction with or through any other person, firm, corporation, entity, partnership, company or association, by purchase or otherwise, beneficial ownership of any shares of Perma-Perma- Fix Common Stock or any other voting securities of Perma-Fix or any rights or option to acquire voting securities of Perma-Fix or any securities convertible into any voting securities of Perma-Fix (collectively, "Perma-Fix Voting Securities") except as otherwise agreed to in writing by the President of Perma-Fix or approved by the Board of Directors (or a duly authorized committee of the Board of Directors) of Perma-Fix. Notwithstanding anything in this Section 5.10.1 5.4.1 to the contrary, Xxxxxxx X. Xxxxxxxx and Xxxxxxx Xxxxxxxx, sons of TPS and ALS, may acquire shares of Perma-Fix Common Stock;

Appears in 1 contract

Samples: Merger Agreement (Perma Fix Environmental Services Inc)

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Prohibition Against Acquisition. Except for the shares of Perma-Fix Common Stock which the Xxxxxxxx Sullivan Trusts acquire xcquire under this Agreement and the Chem-Con Agreement, or through stock splits, stock dividends or stock options granted by Perma-Fix to TPS, acquire, offer or propose to acquire, or permit any Affiliate of the Xxxxxxxx Sullivan Trusts or any of the axx xx xxe Sullivans to acquire, directly or indirectly, or in conjunction with or through any other person, firm, corporation, entity, partnership, company or association, by purchase or otherwise, beneficial ownership of any shares of Perma-Perma- Fix Common Stock or any other voting securities of Perma-Fix or any rights or option to acquire voting securities of Perma-Fix or any securities convertible into any voting securities of Perma-Fix (collectively, "Perma-Fix Voting Securities") ), except as otherwise agreed to in writing by the President of Perma-Fix or approved by the Board of Directors (or a committee of the Board of Directors) of Perma-Fix. Notwithstanding anything in this Section 5.10.1 5.4.1 to the contrary, Michael F. Xxxxxxxx xxx Xxxxxxx X. Xxxxxxxx and Xxxxxxx XxxxxxxxXxxxxxxn, sons of TPS and ALSsoxx xx XXX xxx XXS, may acquire shares of Perma-Fix Common Stock;.

Appears in 1 contract

Samples: Merger Agreement (Perma Fix Environmental Services Inc)

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