Common use of Retention of Shares Clause in Contracts

Retention of Shares. The Holder agrees that the Holder will not, prior to termination of this Agreement sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of the Holder’s Shares (a “Transfer”) or enter into any contract, arrangement or understanding with respect to a Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions of this Agreement.

Appears in 2 contracts

Samples: Voting and Support Agreement (Knight Holdco, Inc.), Voting and Support Agreement (Td Ameritrade Holding Corp)

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Retention of Shares. The Holder agrees that the Holder will not, prior to termination of this Agreement Agreement, sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of the Holder’s Shares (a “Transfer”) or enter into any contract, arrangement or understanding with respect to a Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions of this Agreement.

Appears in 2 contracts

Samples: Registration Rights Agreement (Knight Capital Group, Inc.), Voting and Support Agreement (GETCO Holding Company, LLC)

Retention of Shares. The Each Holder agrees that the Holder he, she or it will not, prior to termination of this Agreement Agreement, directly or indirectly, sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of the such Holder’s Shares (a “Transfer”) or enter into any contract, arrangement or understanding with respect to a Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions of this Agreement.

Appears in 2 contracts

Samples: Voting  and Support Agreement (Pulse Electronics Corp), Voting  and Support Agreement (Pulse Electronics Corp)

Retention of Shares. The Holder agrees that the Holder will shall not, prior to termination of this Agreement the Termination Date, offer for sale, sell, short sell, transfer, tender, pledge, encumber, assign, tender or otherwise dispose of of, or grant a proxy with respect to, any of the Holder’s Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions violation of this AgreementAgreement shall be void ab initio.

Appears in 1 contract

Samples: Shareholder Support Agreement (Tottenham Acquisition I LTD)

Retention of Shares. The Holder Shareholder agrees that the Holder [he or she][it] will not, prior to termination of this Agreement Agreement, sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of the HolderShareholder’s Shares (a “Transfer”) or enter into any contract, arrangement or understanding with respect to a Transfer of the Shares; provided that the Holder Shareholder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions of this Agreement.

Appears in 1 contract

Samples: Voting and Support Agreement (Encore Bancshares Inc)

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Retention of Shares. The Holder agrees Holders agree that the Holder will Holders shall not, prior to termination of this Agreement the Termination Date, offer for sale, sell, short sell, transfer, tender, pledge, encumber, assign, tender or otherwise dispose of of, or grant a proxy with respect to, any of the Holder’s Holders’ Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions violation of this AgreementAgreement shall be void ab initio.

Appears in 1 contract

Samples: Shareholder Support Agreement (Ace Global Business Acquisition LTD)

Retention of Shares. The Each Holder agrees agrees, severally and not jointly, that the Holder will shall not, prior to termination of this Agreement the Termination Date, offer for sale, sell, short sell, transfer, tender, pledge, encumber, assign, tender or otherwise dispose of of, or grant a proxy with respect to, any of the Holder’s Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer of the Shares; provided that the Holder may Transfer the Shares for estate planning or philanthropic purposes so long as the transferee agrees to be bound by the provisions violation of this AgreementAgreement shall be void ab initio.

Appears in 1 contract

Samples: Shareholder Support Agreement (Goldenbridge Acquisition LTD)

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