Subscriber’s Covenants. Subscriber hereby agrees that, until the first anniversary of the Closing Date, Subscriber shall not acquire (or be deemed to acquire pursuant to the attribution rules of Section 318(a) of the Code) stock of Flame that, when aggregated with stock of Flame already owned by Subscriber (or be deemed to own pursuant to the attribution rules of Section 318(a) of the Code), represents 20% or more of the voting power of the stock of Flame.
Appears in 4 contracts
Samples: Subscription Agreement (Flame Acquisition Corp.), Subscription Agreement (Flame Acquisition Corp.), Subscription Agreement (Flame Acquisition Corp.)