Common use of Voting Restrictions Clause in Contracts

Voting Restrictions. a. Stockholder understands and agrees that if Stockholder attempts to vote or provide any other person with the authority to vote any of the Shares other than in compliance with this Agreement, Liquidia shall not, and Stockholder hereby unconditionally and irrevocably instructs Liquidia to not, record such vote, in each case, unless and until Stockholder shall have complied with the terms of this Agreement. b. Except as otherwise permitted by this Agreement, Stockholder will not commit any act that restricts Stockholder’s legal power, authority and right to vote all of the Shares or otherwise prevent or disable Stockholder from performing any of Stockholder’s obligations under this Agreement. Without limiting the generality of the foregoing, except for this Agreement, Stockholder will not enter into any voting agreement with any person with respect to any of the Shares, grant any person any proxy (revocable or irrevocable) or power of attorney with respect to any of the Shares, deposit any of the Shares in a voting trust or otherwise enter into any agreement or arrangement with any person limiting or affecting Stockholder’s legal power, authority or right to vote the Shares in accordance with this Agreement.

Appears in 4 contracts

Samples: Support Agreement (Liquidia Corp), Support Agreement (Liquidia Corp), Support Agreement (Liquidia Corp)

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Voting Restrictions. a. Stockholder understands and agrees that if Stockholder attempts to vote or provide any other person Person with the authority to vote any of the Shares other than in compliance with this Agreement, Liquidia the Company shall not, and Stockholder hereby unconditionally and irrevocably instructs Liquidia the Company to not, record such vote, in each case, unless and until Stockholder shall have complied with the terms of this Agreement. b. Except as otherwise permitted by this Agreement, Stockholder will not commit any act that restricts Stockholder’s legal power, authority and right to vote all of the Shares or otherwise prevent or disable Stockholder from performing any of Stockholder’s obligations under this Agreement. Without limiting the generality of the foregoing, except for this Agreement, Stockholder will not enter into any voting agreement with any person Person with respect to any of the Shares, grant any person Person any proxy (revocable or irrevocable) or power of attorney with respect to any of the Shares, deposit any of the Shares in a voting trust or otherwise enter into any agreement or arrangement with any person Person limiting or affecting Stockholder’s legal power, authority or right to vote the Shares in accordance with this Agreement.

Appears in 2 contracts

Samples: Support Agreement (Trans World Corp), Support Agreement (Cyalume Technologies Holdings, Inc.)

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