Shareholder Letter Agreements Sample Clauses

Shareholder Letter Agreements. Within 30 days after the date of this Agreement, (i) each member of the Board of Directors of EHC , (ii) the Northhaven Parties, and (iii) the High Ridge Parties shall execute and deliver to EML a letter agreement pursuant to which each such person agrees to vote all shares of EHC Capital Stock owned by such person in favor of (a) redomestication of EHC as a Pennsylvania corporation, and (b) adoption and approval of the Plan of Merger. The letter agreement shall also confirm the agreement and undertaking of the Northhaven Parties and the High Ridge Parties to convert the EHC Series A Voting Preferred Shares and the EHC Series B Nonvoting Preferred Shares they own into EHC Class A Common Shares and/or EHC Class B Nonvoting Common Shares prior to the Closing Date in accordance with the terms of such shares.