Common use of Restriction on Conversion Clause in Contracts

Restriction on Conversion. In order to facilitate the consummation of the Merger, including, without limitation, the transactions contemplated by Sections 1.3 and 5.13 thereof, as well as the making of all necessary filings, and the obtaining of all necessary governmental approvals, in connection therewith, You hereby agree that neither You nor any of Your Affiliates shall seek, whether directly or indirectly, to convert any of the Consideration into Acquiror Common Stock until such time as the Amendment has become effective following its due approval by the stockholders of Zenascent.