Voting Agreement; Irrevocable Proxy. (a) Sellers. If Closing occurs, then from the Closing Date until 5:00 p.m., Central Time, on December 16, 2002, the Sellers (i) shall vote, and shall cause any holder of record of the Option Securities to vote on any matter in which the holders of the Option Securities are entitled to vote the total number of Option Securities then remaining exercisable under the Option as directed by the Purchaser or (ii), at the option of the Purchaser, shall deliver to John E. Vollmer, III and Mark S. Siegel, Senior Vice Pxxxxxxxx xxx Xxairman of the Xxxxx, xxxpectively, of the Purchaser, a proxy in substantially the form attached to this Agreement as Exhibit A, which proxy shall be irrevocable to the extent permitted by law, with the total number of Option Securities correctly indicated thereon.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Patterson Uti Energy Inc), Stock Purchase Agreement (Roper J Mark), Stock Purchase Agreement (Roper Operations Inc)
Voting Agreement; Irrevocable Proxy. (a) Sellers. If Closing occurs, then from the Closing Date until 5:00 p.m., Central Time, on December 16, 2002, the Sellers (i) shall vote, and shall cause any holder of record of the Option Securities to vote on any matter in which the holders of the Option Securities are entitled to vote the total number of Option Securities then remaining exercisable under the Option as directed by the Purchaser or (ii), at the option of the Purchaser, shall deliver to John E. Vollmer, III and Mark S. Siegel, Senior Vice Pxxxxxxxx Xxxxxxxxx xxx Xxairman Chairman of the Xxxxx, xxxpectivelyxespectively, of the Purchaser, a proxy in substantially the form attached to this Agreement as Exhibit A, which proxy shall be irrevocable to the extent permitted by law, with the total number of Option Securities correctly indicated thereon.
Appears in 1 contract
Samples: Stock Purchase Agreement (Patterson Uti Energy Inc)