Common use of Voting and Redemption of Founder Shares Clause in Contracts

Voting and Redemption of Founder Shares. The Subscriber agrees to vote the Founder Shares in favor of an initial business combination that the Company negotiates and submits for approval to the Company’s stockholders and shall not seek redemption with respect to such Founder Shares. Additionally, the Subscriber agrees not to redeem any Founder Shares in connection with a redemption or tender offer presented to the Company’s stockholders in connection with an initial business combination negotiated by the Company.

Appears in 61 contracts

Samples: Subscription Agreement (Mindset Growth Opportunities I Corp.), Subscription Agreement (Crixus BH3 Acquisition Corp.), Subscription Agreement (Crixus BH3 Acquisition Corp.)

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Voting and Redemption of Founder Shares. The Subscriber agrees to vote the Founder Shares in favor of an initial business combination that the Company negotiates and submits for approval to the Company’s stockholders and shall not seek redemption with respect to such Founder Shares. Additionally, the Subscriber agrees not to redeem any Founder Shares in connection with a redemption or tender offer presented to the Company’s stockholders in connection with an initial business combination negotiated by the Company.

Appears in 23 contracts

Samples: Subscription Agreement (Navigation Capital Acquisition VII Corp.), Subscription Agreement (Navigation Capital Acquisition VI Corp.), Subscription Agreement (Navigation Capital Acquisition VIII Corp.)

Voting and Redemption of Founder Shares. The Subscriber agrees to vote the Founder Shares in favor of an initial business combination that the Company negotiates and submits for approval to the Company’s stockholders and shall not seek redemption with respect to such Founder Shares. Additionally, the Subscriber agrees not to redeem any Founder Shares in connection with a redemption or tender offer presented to the Company’s stockholders in connection with an initial business combination negotiated by the Companystockholders.

Appears in 11 contracts

Samples: Subscription Agreement (Noble Education Acquisition Corp.), Subscription Agreement (Ault Disruptive Technologies Corp), Subscription Agreement (WinVest Acquisition Corp.)

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Voting and Redemption of Founder Shares. The Subscriber agrees to vote the Founder Shares in favor of an initial business combination that the Company negotiates and submits for approval to the Company’s stockholders shareholders and shall not seek redemption with respect to such Founder Shares. Additionally, the Subscriber agrees not to redeem any Founder Shares in connection with a redemption or tender offer presented to the Company’s stockholders shareholders in connection with an initial business combination negotiated by the Company.

Appears in 2 contracts

Samples: Subscription Agreement (Plum Acquisition Corp, IV), Subscription Agreement (Black Dragon Acquisition Corp. I)

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