Termination of Voting Agreement. The covenants set forth in this Section 5 shall terminate upon the earliest of (a) the closing of a Qualified Public Offering (as defined in Section 3.5 hereof); (b) such time as the Company shall be subject to the reporting requirements arising under the 1934 Act, or any successor statute and any applicable rules promulgated thereunder by the SEC; or (c) the date 10 years from the date hereof.
Termination of Voting Agreement. The provisions of this Section 8 shall terminate upon the earliest to occur of any one of the following events:
(a) the date on which the Investor ceases to Beneficially Own at least 5% of the Total Voting Power;
(b) the liquidation, dissolution or indefinite cessation of the business operations of the Company;
(c) the execution by the Company of a general assignment for the benefit of creditors or the appointment of a receiver or trustee to take possession of the property and assets of the Company; or
(d) a Change of Control.
Termination of Voting Agreement. The Company shall terminate and shall use its best efforts to cause COMCOR, Xxxxxx Xxxxx, Jr. and Xxxxxxx X. Xxxxx to terminate the Voting Agreement date February 23, 2004 among the Company, COMCOR, Xxxxxx Xxxxx, Jr. and Xxxxxxx X. Xxxxx (the "Voting Agreement"), effective as of the Closing Date.
Termination of Voting Agreement. In the event any Additional Stockholder who is or was classified as an “officer” of the Company as defined in Rule 16a-1 under the 1934 Securities Act is no longer an “officer,” director or “ten percent beneficial owner” (as defined in Rule 16a-2 under the 1934 Securities Act) (each, a “Section 16 Reporting Person”), such Additional Stockholder and any other Additional Stockholder which (A) is not an Affiliate of any other Additional Stockholder that remains a Section 16 Reporting Person and (B) of which the “officer” or a family member thereof is the trustee, trustor, grantor, donor, settlor or beneficiary, or that was otherwise established by the Terminated Stockholder or such Terminated Stockholder’s family member (collectively, the “Terminated Stockholder”) shall no longer be subject to any further obligations under Sections 2, 3B and 3D and such obligations shall terminate effective immediately upon the termination of such Terminated Stockholder’s status as a Section 16 Reporting Person.
Termination of Voting Agreement. This Voting Agreement shall terminate only upon the first to occur of the following events:
(i) the closing of the Contemplated Transaction; or
(ii) the termination of the Purchase Agreement, in accordance with the terms contained therein.
Termination of Voting Agreement. 2.1. The Parties acknowledge and confirm that the Voting Agreement shall be terminated in its entirety and shall cease to have any force or effect immediately upon the fulfilment of the Condition Precedent (the date on which the Condition Precedent is fulfilled is referred to in this Agreement as the "Termination Date").
2.2. Each of the Parties confirms that from the Termination Date, it shall have no claim outstanding against any other party to the Voting Agreement for breach of the Voting Agreement and each Party waives all and any rights it has to bring a claim after the Termination Date for breach by any other Party of any of the provisions of the Voting Agreement.
Termination of Voting Agreement. The provisions of this Section IV shall terminate completely upon the completion of an underwritten public offering whereby IOG is registered under Section 12(b) or 12(g) of the Securities Exchange Act of 1934, as amended.
Termination of Voting Agreement. Notwithstanding Section 2 of the Voting Agreement, the Parties hereby agree to terminate the Voting Agreement effective as of the Date. The Parties mutually confirm that upon the termination, neither Party shall have any rights or obligations to the other Party under the Voting Agreement.
Termination of Voting Agreement. The provisions of this Agreement shall terminate and be of no further force and effect upon the effective date of a Qualified Public Offering (as defined in the Investors' Right Agreement dated as of April 17, 2002 herewith by and between the Company, the Investors and the Founders, as such agreement may be amended, modified or supplemented from time to time, the "Investors' Rights Agreement") or upon a Liquidation Transaction (as defined in the Investors' Rights Agreement) of the Company."
Termination of Voting Agreement. The rights and obligations of each Shareholder and the Company with respect to Section 4.1 shall cease, (i) with respect to Xxxxxxxxx, the Xxxx Shareholders and WP, at such time as such Shareholder ceases to hold at least five percent (5%) of the issued and outstanding Common Stock of the Company, or (ii) with respect to the other Shareholders, at such time as such Shareholder ceases to hold at least fifty percent (50%) of the shares held as of the date hereof as reflected in Schedule 1.
