Common use of Restraints on Shareholders Ownership Clause in Contracts

Restraints on Shareholders Ownership. Dynegy covenants and agrees that it shall not adopt a shareholder rights plan, “poison pill” or similar device that prevents Shareholder from exercising its rights under Section 2.1(c) or Article III.

Appears in 4 contracts

Samples: Shareholder Agreement, Preferred Stock Redemption Agreement, Shareholder Agreement (Dynegy Holdings Inc)

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Restraints on Shareholders Ownership. Dynegy covenants and agrees that it shall not adopt a shareholder rights plan, "poison pill" or similar device that prevents Shareholder from exercising its rights under Section 2.1(c3.1(c) or Article IIIIV.

Appears in 1 contract

Samples: Shareholder Agreement (Dynegy Inc /Il/)

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