Common use of Restriction on Transfer, Proxies and Non-Interference Clause in Contracts

Restriction on Transfer, Proxies and Non-Interference. Except as required by this Agreement, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such Stockholder shall not, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such Stockholder's Shares, Options or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to have the effect of preventing or disabling such Stockholder from performing such Stockholder's obligations under this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Silverman Jeffrey S), Agreement and Plan of Merger (Atrium Corp), Agreement and Plan of Merger (Ply Gem Industries Inc)

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Restriction on Transfer, Proxies and Non-Interference. Except ------------------------------------------------------ as required or permitted by this AgreementSections 2, at any time during 3 and 4 hereof, the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such Stockholder shall not, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such the Stockholder's Shares, Options Shares or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of the Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such the Stockholder from performing such the Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholder's Agreement (Agfa Corp)

Restriction on Transfer, Proxies and Non-Interference. Except ------------------------------------------------------ as required or permitted by this AgreementSections 2 and 3 hereof, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such no Stockholder shall notshall, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition (except for the exercise of Options) of, any or all of such Stockholder's Shares, Shares or Options or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of such Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholders' Agreement (Agfa Corp)

Restriction on Transfer, Proxies and Non-Interference. Except as required applicable in connection with the transactions contemplated by this AgreementSection 2 hereof, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such no Stockholder shall notshall, directly or indirectly: (i) offer for sale, sell, sell transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such Stockholder's Shares, Options Shares or any interest therein; (ii) except as contemplated by this Agreement, grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of such Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (G I Holdings Inc)

Restriction on Transfer, Proxies and Non-Interference. Except as required applicable in connection with the transactions contemplated by this AgreementSections 2 and 3 hereof, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such no Stockholder shall notshall, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such Stockholder's Shares, Shares or Options or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of such Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Citrix Systems Inc)

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Restriction on Transfer, Proxies and Non-Interference. Except as required by in connection with the arrangements set forth on Schedule I attached to this Agreement, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time Stockholder hereby agrees, while this Agreement or the termination of this AgreementPurchase Option is in effect, such Stockholder shall notand except as contemplated hereby, directly or indirectly: not to (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any of the Owned Shares or all of such Stockholder's SharesStock Options, Options or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Owned Shares into a voting trust or enter into a voting agreement with respect to any Shares; Owned Shares or (iii) knowingly take any action that could reasonably be expected to would make any representation or warranty of Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such Stockholder's its obligations under this Agreement.

Appears in 1 contract

Samples: Voting Agreement (eGENE, INC.)

Restriction on Transfer, Proxies and Non-Interference. Except as required applicable in connection with the transactions contemplated by this AgreementSections 2 and 3 hereof, at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such no Stockholder shall notshall, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such Stockholder's Shares, Options Shares or any interest therein; (ii) grant any proxies or powers of attorney, deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of such Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Hadco Acquisition Corp)

Restriction on Transfer, Proxies and Non-Interference. Except as required expressly contemplated by this AgreementAgreement (and except in the ordinary course of business in Stockholder's capacity as a market maker), at any time during the period beginning on the date hereof and ending upon the earlier to occur of the Effective Time or the termination of this Agreement, such Stockholder shall not, directly or indirectly: (i) offer for sale, sell, transfer, tender, pledge, encumber, assign or otherwise dispose of, or enter into any contract, option or other arrangement or understanding with respect to or consent to the offer for sale, sale, transfer, tender, pledge, encumbrance, assignment or other disposition of, any or all of such Stockholder's Shares, Options the Shares or any interest therein; (ii) grant any proxies or powers of attorney, attorney or deposit any Shares into a voting trust or enter into a voting agreement with respect to any Shares; or (iii) take any action that could reasonably be expected to would make any representation or warranty of Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling such Stockholder from performing such any of Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Intel Corp)

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