Common use of Retention of Shares Clause in Contracts

Retention of Shares. Each Holder agrees that he, she or it will not, prior to termination of this Agreement, directly or indirectly, sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of such Holder’s Shares (a “Transfer”) or enter into any contract, arrangement or understanding with respect to a Transfer of the Shares.

Appears in 2 contracts

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

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Retention of Shares. Each The Holder agrees that he, she or it the Holder will not, prior to termination of this Agreement, directly or indirectly, Agreement sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of such 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)

Retention of Shares. Each The Holder agrees that he, she or it the Holder will not, prior to termination of this Agreement, directly or indirectly, sell, short sell, transfer, pledge, assign, tender or otherwise dispose of any of such 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: Merger Agreement (Knight Capital Group, Inc.), Merger Agreement (GETCO Holding Company, LLC)

Retention of Shares. Each The Holder agrees that he, she or it will the Holder shall not, prior to termination of this Agreementthe Termination Date, directly or indirectlyoffer 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 such the Holder’s Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer violation of the Sharesthis Agreement shall be void ab initio.

Appears in 1 contract

Samples: Shareholder Support Agreement (Tottenham Acquisition I LTD)

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Retention of Shares. Each Holder agrees agrees, severally and not jointly, that he, she or it will the Holder shall not, prior to termination of this Agreementthe Termination Date, directly or indirectlyoffer 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 such the Holder’s Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer violation of the Sharesthis Agreement shall be void ab initio.

Appears in 1 contract

Samples: Shareholder Support Agreement (Goldenbridge Acquisition LTD)

Retention of Shares. Each Holder agrees The Holders agree that he, she or it will the Holders shall not, prior to termination of this Agreementthe Termination Date, directly or indirectlyoffer 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 such Holder’s the Holders’ Shares (each a “Transfer”) or enter into any contract, arrangement or understanding with respect to a ). Any Transfer violation of the Sharesthis Agreement shall be void ab initio.

Appears in 1 contract

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

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