Common use of Voting of Shares; Further Assurances Clause in Contracts

Voting of Shares; Further Assurances. (a) Each Shareholder, by this Agreement, during and for the Voting Term, with respect to those Shares that it owns of record at the time of such vote, hereby agrees to vote each of such Shares at every annual, special or adjourned meeting of the stockholders of IVAX (or pursuant to any consent, certificate or other document relating to IVAX that the laws of the State of Florida may permit or require) (i) in favor of the approval of the Merger Agreement and the Mergers, (ii) against any proposal for any recapitalization, merger, sale of assets or other business combination between IVAX and any person or entity (other than the Mergers) or any other action or agreement that would result in any of the conditions to IVAX's obligations under the Merger Agreement not being fulfilled, and (iii) in favor of any other matter relating to consummation of the transactions contemplated by the Merger Agreement. Each Shareholder further agrees to cause the Shares owned by it beneficially at the time of such vote to be voted in accordance with the foregoing.

Appears in 4 contracts

Samples: 4 Voting Agreement (Ivax Corp /De), Voting Agreement (Frost Phillip Md Et Al), 5 Voting Agreement (Ivax Corp /De)

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Voting of Shares; Further Assurances. (a) Each ShareholderStockholder, by this Agreement, during and for the Voting Term, with respect to those Shares that it owns of record at the time of such voterecord, does hereby agrees agree to vote each of such Shares at every annual, special or adjourned meeting of the stockholders of IVAX (or pursuant to any consent, certificate or other document relating to IVAX that the laws law of the State state of Florida may permit or require) (i) in favor of the approval of the Merger Agreement and the MergersMerger, (ii) against any proposal for any recapitalization, merger, sale of assets or other business combination between IVAX and any person or entity (other than the MergersTransactions) or any other action or agreement that would result in any of the conditions to IVAX's obligations under the Merger Transaction Agreement not being fulfilled, and (iii) in favor of any other matter relating to consummation of the transactions contemplated by the Merger Transaction Agreement. Each Shareholder Stockholder further agrees to cause the Shares owned by it beneficially at the time of such vote to be voted in accordance with the foregoing.

Appears in 1 contract

Samples: Voting Agreement (Ivax Corp /De)

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