Common use of Restrictions on Transfer, Proxies and Non-interference Clause in Contracts

Restrictions on Transfer, Proxies and Non-interference. (a) Shareholder hereby agrees, until the termination of this Agreement pursuant to Section 4.1 not to (i) 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 Shareholder’s Shares, (ii) grant any proxy or power of attorney, deposit any of Shareholder’s Shares into a voting trust or enter into a voting agreement with respect to any of Shareholder’s Shares, or (iii) take any action that would make any representation or warranty of Shareholder contained herein untrue or incorrect in any material respect or have the effect of preventing, impairing, or disabling Shareholder from timely and promptly performing Shareholder’s obligations under this Agreement.

Appears in 4 contracts

Samples: Shareholder Agreement (Teledyne Technologies Inc), Shareholder Agreement (Bolt Technology Corp), Shareholder Agreement (Teledyne Technologies Inc)

AutoNDA by SimpleDocs

Restrictions on Transfer, Proxies and Non-interference. (a) Shareholder Stockholder hereby agrees, until the termination of this Agreement pursuant to Section 4.1 3.1 not to (i) 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 ShareholderStockholder’s Shares, (ii) grant any proxy or power of attorneyproxies, deposit any of ShareholderStockholder’s Shares into a voting trust or enter into a voting agreement with respect to any of ShareholderStockholder’s Shares, or (iii) take any action that would make any representation or warranty of Shareholder Stockholder contained herein untrue or incorrect in any material respect or have the effect of preventing, impairing, or disabling Shareholder Stockholder from timely and promptly performing ShareholderStockholder’s obligations under this Agreement.

Appears in 2 contracts

Samples: Stockholder Agreement (Isco Inc), Stockholder Agreement (Isco Inc)

AutoNDA by SimpleDocs

Restrictions on Transfer, Proxies and Non-interference. (a) Shareholder Stockholder hereby agrees, until the termination of this Agreement pursuant to Section 4.1 3.1 not to (i) 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 Shareholder’s Stockholder's Shares, (ii) grant any proxy or power of attorneyproxies, deposit any of Shareholder’s Stockholder's Shares into a voting trust or enter into a voting agreement with respect to any of Shareholder’s Stockholder's Shares, or (iii) take any action that would make any representation or warranty of Shareholder Stockholder contained herein untrue or incorrect in any material respect or have the effect of preventing, impairing, or disabling Shareholder Stockholder from timely and promptly performing Shareholder’s Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Stockholder Agreement (Teledyne Technologies Inc)

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