Common use of Voting of Escrow Shares Clause in Contracts

Voting of Escrow Shares. The Escrow Agent, as record owner of the Escrowed Shares, shall exercise all voting rights with respect to such Escrowed Shares in accordance with Section 3.5 of the Merger Agreement, upon receipt of written instructions from the Amorcyte Representative. The Escrow Agent is not obligated to distribute to the Amorcyte Stockholders or to the Amorcyte Representative any proxy materials or other documents relating to the Escrowed Shares received by the Escrow Agent from Parent.

Appears in 2 contracts

Samples: Escrow Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)

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Voting of Escrow Shares. The Escrow Agent, as record owner of the Escrowed Shares, shall exercise all voting rights with respect to such Escrowed Shares in accordance with Section 3.5 of the Merger Agreement, upon receipt of written instructions from the Amorcyte RepresentativeParent. The Escrow Agent is not obligated to distribute to the Amorcyte Stockholders Members or to the Amorcyte PCT Representative any proxy materials or other documents relating to the Escrowed Shares received by the Escrow Agent from Parent.

Appears in 2 contracts

Samples: Voting Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)

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