Common use of Stand Still Clause in Contracts

Stand Still. Other than pursuant to this Agreement, the conversion of the Purchased Shares or any distribution or dividend by the Company, each of the Purchasers agrees, for itself and for its Affiliates, that it shall not, and shall not permit any of its respective Affiliates to, and its respective Affiliates shall not, without the prior written consent of the Company, purchase or otherwise acquire, directly or indirectly, or sell or otherwise dispose of, directly or indirectly, any shares of Common Stock or securities exercisable for or convertible into shares of Common Stock prior to the earlier of (i) the termination of this Agreement pursuant to Section 9.1 and (ii) the Closing Date.

Appears in 4 contracts

Samples: Stock and Warrant Purchase Agreement (Evergreen Solar Inc), Stock and Warrant Purchase Agreement (Shaw Robert W Jr), Stock and Warrant Purchase Agreement (Chleboski Richard G)

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