Successor Proxy. In the event that the Proxy is unable or unwilling to serve as the Proxy, a successor Proxy may be appointed by the Proxy at his discretion, or if the Proxy is unable to make such appointment due to his death or incapacity to act, by the consent of the successors to the Proxy's individual shares of Stock that hold a majority interest in such shares. A successor Proxy shall be vested with all the rights, powers and authority as if originally named in this Agreement.
Appears in 2 contracts
Samples: Shareholders' Voting Agreement (Parker Richard), Shareholders' Voting Agreement (Summit Brokerage Services Inc / Fl)
Successor Proxy. In the event that the Proxy is unable or unwilling to serve as the Proxy, a successor Proxy may be appointed by the Proxy at his discretion, or if the Proxy is unable to make such appointment due to his death or incapacity to act, by the consent of the successors to the Proxy's ’s individual shares of Stock that hold a majority interest in such shares. A successor Proxy shall be vested with all the rights, powers and authority as if originally named in this Agreement.
Appears in 2 contracts
Samples: Voting Agreement (Ultimax Digital, Inc.), Shareholders’ Voting Agreement and Irrevocable Proxy (Summit Brokerage Services Inc / Fl)
Successor Proxy. In the event that the Proxy is unable or unwilling to serve as the Proxy, a successor proxy (who will become the Proxy under this Agreement, if appointed in accordance with this Section 9) may be appointed by the Proxy at his discretion, or if the Proxy is unable to make such appointment due to his death or incapacity to act, by the consent of the successors to the Proxy's ’s individual shares of Stock capital stock of the Company that hold a majority interest in such shares. A successor Proxy proxy shall be vested with all the rights, powers and authority as if originally named in this Agreement.
Appears in 2 contracts
Samples: Voting Agreement (Lazar David E.), Voting Agreement (Hitchcock Jeremy P.)
