Voting Securities Subsequently Acquired Sample Clauses
The "Voting Securities Subsequently Acquired" clause defines how voting rights or interests in a company that are obtained after an initial agreement are treated under that agreement. Typically, this clause ensures that any additional shares or voting securities acquired by a party after the agreement's effective date are subject to the same terms and restrictions as those originally held. For example, if a shareholder purchases more shares after signing a voting agreement, those new shares would also be bound by the agreement's voting provisions. This clause's core function is to prevent parties from circumventing agreed-upon voting arrangements by acquiring new securities outside the scope of the original agreement, thereby maintaining consistent governance and control expectations.
Voting Securities Subsequently Acquired. The parties hereto acknowledge that, if any additional voting securities of Windsor are issued with respect to or in exchange for the Trust Shares, whether by reason of a stock split, stock dividend, share exchange, merger, consolidation or similar transaction, certificates representing such additional voting securities shall be delivered to the Voting Trustees, who shall, in turn, deliver the same to the Agent along with executed irrevocable stock powers with respect to such additional voting securities in form and substance equivalent to Exhibit B, and such additional voting securities shall constitute "Trust Shares" hereunder. The Voting Trustees shall execute and deliver one or more Voting Trust Certificates to Shareholder to represent Shareholder's interest in such additional voting securities, which Shareholder, in turn, shall deliver forthwith to Agent along with executed irrevocable stock powers with respect to such additional Voting Trust Certificates in form and substance equivalent to Exhibit B. For purposes of this Agreement, 'voting securities" shall mean any equity securities of Windsor (or any corporate successor, including any entity which acquires the capital stock of Windsor or assets of Windsor in consideration for voting securities) which may be entitled by law to vote at any time with respect to any matter, whether or not such equity securities are accorded voting rights under the Articles of Incorporation of Windsor (or such successor).
Voting Securities Subsequently Acquired. The parties hereto acknowledge that, if any additional voting securities of Interiors are issued with respect to or in exchange for the Trust Shares, whether by reason of a stock split, stock dividend, share exchange, merger, consolidation or similar transaction, certificates representing such additional voting securities shall be delivered to the Voting Trustee, and such additional voting securities shall constitute "Trust Shares" hereunder. The Voting Trustee shall execute and deliver one or more Voting Trust Certificates to Shareholder to represent Shareholder's interest in such additional voting securities. For purposes of this Agreement, "voting securities" shall mean any equity securities of Interiors (or any corporate successor, including any entity which acquires the capital stock of Interiors or assets of Interiors in consideration for voting securities) which may be entitled by law to vote at any time with respect to any matter, whether or not such equity securities are accorded voting rights under Articles of Incorporation of Interiors (or such successor).
Voting Securities Subsequently Acquired. The parties hereto acknowledge that, if any additional voting securities of Bentley are issued with respect to or in exchange for the Trust Shares, whether by reason of a stock split, stock dividend, share exchange, merger, consolidation or similar transaction, certificates representing such additional voting securities shall be delivered to the Voting Trustee, who shall, in turn, deliver the same to the Agent along with executed irrevocable stock powers with respect to such additional voting securities in form and substance equivalent to Exhibit B, and such additional voting securities shall constitute "Trust Shares" hereunder; provided, however, that if immediately following the receipt of such additional