Common use of The Permitted Beacon Voting Trust Transfer Clause in Contracts

The Permitted Beacon Voting Trust Transfer. The exceptions in clauses (a), (b) or (d) above are subject to the condition that each such transferee referred to therein (each a "Third Party Transferee") execute (or, in the case of clause (d) above, that the pledging Stockholder use its reasonable efforts to cause the pledgee referred to therein to execute prior to any foreclosure of the shares so pledged) the agreement referred to in Section 3.3