Common use of Proxy Statement; Shareholders Meeting Clause in Contracts

Proxy Statement; Shareholders Meeting. (a) As promptly as possible after the date hereof, the Company shall prepare and file with the SEC the Proxy Statement. The Company shall use it reasonable best efforts to file a definitive Proxy Statement with the SEC as promptly as practicable after such initial filing, and promptly thereafter the Company shall mail the definitive Proxy Statement to the holders of Common Stock. (b) The Company and Purchaser shall, upon request by the other, furnish the other with all information concerning itself, its Subsidiaries, directors, executive officers, stockholders, and partners and such other matters as may be reasonably necessary or advisable in connection with the Proxy Statement, or any other statement, filing, notice or application made by or on behalf of the Company or Purchaser to any third party and/or any Government Authority in connection with the transactions contemplated by this Agreement. (c) The Company will take, in accordance with its Certificate of Incorporation and Bylaws, all action necessary to convene the Shareholders' Meeting as promptly as practicable after the date the Proxy Statement is mailed in order to obtain the Shareholder Approval and shall use all commercially reasonable efforts to solicit such approval. At the Shareholders' Meeting, the Purchaser shall vote its Voting Securities of the Company in favor of the Recapitalization, the New Option Plan and any other matters which are required to be approved by the Company's shareholders in connection with the issuance and sale of the Senior Preferred Stock and the consummation of the Recapitalization.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Capital Z Financial Services Fund Ii Lp), Preferred Stock Purchase Agreement (Capital Z Financial Services Fund Ii Lp), Preferred Stock Purchase Agreement (Capital Z Financial Services Fund Ii Lp)

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