Shareholder Approval; Proxy. The Company covenants to submit to its shareholders a proposal for ratification of the issuance of the Bridge Notes and the Conversion Shares, if and as required by the rules of the National Association of Securities Dealers, Inc. (the "NASD") applicable to the transaction. All officers and directors will, upon request of Purchaser, execute a proxy authorizing Purchaser or any designee of Purchaser to vote all shares of Common Stock, the voting of which is controlled by such officer or director, at any meeting (or any adjournment thereof) at which Shareholder action is proposed to ratify the issuance of the Bridge Notes and the Conversion Shares.
Appears in 3 contracts
Samples: Bridge Note Purchase Agreement (Cambex Corp), Bridge Note Purchase and Security Agreement (Tracker Corp of America), Bridge Note Purchase and Security Agreement (Tracker Corp of America)
Shareholder Approval; Proxy. The Company covenants to submit to its shareholders at its next shareholder meeting a proposal for ratification of the issuance of the Bridge Notes and the Conversion Shares, if and as required by the rules of the National Association of Securities Dealers, Inc. (the "NASD") applicable to the transaction. All officers and directors will, upon request of Purchaser, execute a proxy authorizing Purchaser or any designee of Purchaser to vote all shares of Common Stock, the voting of which is controlled by such officer or director, at any meeting (or any adjournment thereof) at which Shareholder action is proposed to ratify the issuance of the Bridge Notes and the Conversion Shares.
Appears in 1 contract
Samples: Bridge Note Purchase and Security Agreement (Compositech LTD)
