Common use of Restriction on Transfer, Proxies Clause in Contracts

Restriction on Transfer, Proxies. The Shareholder hereby agrees, while this Agreement is in effect, not to (a) except as set forth in Section 8 hereof or pursuant to pledges in existence as of the date hereof (none of which would affect the ability of the Shareholder to carry out the Shareholder’s obligations under, and to consummate the transactions contemplated by, this Agreement), sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any Contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Covered Shares, (b) grant any proxies or powers of attorney, deposit any Covered Shares into a voting trust or enter into a voting agreement with respect to any Covered Shares or (c) take any action that would make any representation or warranty of the Shareholder contained herein untrue or incorrect or have the effect of preventing or disabling the Shareholder from performing its obligations under this Agreement.

Restriction on Transfer, Proxies. The Shareholder Each Stockholder hereby agrees, while this Agreement is in effect, not to (a) except as set forth in Section 8 7 hereof or pursuant to pledges in existence as of the date hereof (none of which would materially and adversely affect the ability of any of the Shareholder Stockholders to carry out the Shareholder’s their respective obligations under, and to consummate the transactions contemplated by, this Agreement), sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any Contractcontract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Covered Owned Shares, (b) grant any proxies or powers of attorney, deposit any Covered Owned Shares into a voting trust or enter into a voting agreement with respect to any Covered Owned Shares or (c) take any action that would make any representation or warranty of any of the Shareholder Stockholders contained herein untrue or incorrect or have the effect of preventing or disabling any of the Shareholder Stockholders from performing its obligations under this Agreement.

Restriction on Transfer, Proxies. The Shareholder Stockholder hereby agrees, while this Agreement is in effect, not to (a) except as set forth in Section 8 7 hereof or pursuant to pledges in existence as of the date hereof (none of which would materially and adversely affect the ability of the Shareholder Stockholder to carry out the ShareholderStockholder’s obligations under, and to consummate the transactions contemplated by, this Agreement), sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any Contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Covered Shares, (b) grant any proxies or powers of attorney, deposit any Covered Shares into a voting trust or enter into a voting agreement with respect to any Covered Shares or (c) take any action that would make any representation or warranty of the Shareholder Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling the Shareholder Stockholder from performing its obligations under this Agreement.

Restriction on Transfer, Proxies. The Shareholder Stockholder hereby agrees, while this Agreement is in effect, not to (a) except as set forth in Section 8 7 hereof or pursuant to pledges in existence as of the date hereof (none of which would materially and adversely affect the ability of the Shareholder Stockholder to carry out the Shareholder’s Stockholder's obligations under, and to consummate the transactions contemplated by, this Agreement), sell, transfer, pledge, encumber, assign or otherwise dispose of, or enter into any Contract, option or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment or other disposition of, any of the Covered Shares, (b) grant any proxies or powers of attorney, deposit any Covered Shares into a voting trust or enter into a voting agreement with respect to any Covered Shares or (c) take any action that would make any representation or warranty of the Shareholder Stockholder contained herein untrue or incorrect or have the effect of preventing or disabling the Shareholder Stockholder from performing its obligations under this Agreement.