Examples of Class B Stockholder Agreement in a sentence
No person, holding shares of Class B Common Stock may transfer, and the Corporation shall not register the transfer of, such shares of Class B Common Stock whether by sale, assignment, gift, bequest, appointment or otherwise, except as permitted by the Class B Common Stockholder Agreement dated May 1, 1996, as amended hereafter (the "Class B Stockholder Agreement").
To the extent a Vulcan Permitted Transferee or Family Group member that holds of record Common Stock ceases to qualify as a Vulcan Permitted Transferee or Family Group member, such Person shall be deemed to have Transferred the Common Stock held by it upon so ceasing to qualify and such Transfer shall be subject to the transfer restrictions of Section 3.01 of this Agreement and Section 2.01 of the Class B Stockholder Agreement, to the extent applicable to a Transfer of Common Stock.
The amendment and restatement set forth in this Section 5 shall be void and of no force and effect with respect to the Class B Stockholder Agreement if the Business Combination Agreement shall be terminated for any reason in accordance with its terms.
Any Transfer or deemed Transfer or attempted Transfer or deemed Transfer of Common Stock in violation of any provision of this Agreement or the Class B Stockholder Agreement shall be void, and the Company shall not record such Transfer or deemed Transfer on its books or treat any purported transferee of such Common Stock as the owner of such Common Stock for any purpose.
The General Partners shall exercise voting control over all shares of Contributed Stock and shall vote (or act by written consent) with respect to all such shares as they deem appropriate in their sole discretion; provided, that any such vote relating to a matter addressed in the Class B Stockholder Agreement or the Vulcan Stockholder Agreement shall be in accordance with the Class B Stockholder Agreement or the Vulcan Stockholder Agreement, as applicable.
Except as set forth in the Rigas Class B Stockholder Agreement, such Class B Stockholder has the sole right to vote such Class B Shares and any shares of Class A Company Common Stock issuable on exercise of such Options or on conversion of such Class B Shares.
Nothing contained in the Rigas Class B Stockholder Agreement will limit the ability of any Class B Stockholder from complying with his obligations under this Agreement.
There is no legal or regulatory proceeding pending or, to the knowledge of such Company Stockholder, threatened that could reasonably be expected to have a material adverse effect on such Company Stockholder's ability to consummate the transactions contemplated by this Agreement, the Escrow Agreement, the Class B Stockholder Agreement or the Class B Registration Rights Agreement.
No action or proceeding by or before any governmental authority or agency shall be pending or threatened challenging or seeking to restrain or prohibit the Merger or any of the transactions contemplated by this Agreement, the Escrow Agreement, the Class B Stockholder Agreement, the Class B Registration Rights Agreement or the Second Amended and Restated Articles.
Each of Heafxxx xxx Acquisition (to the extent Acquisition is a party) has the requisite corporate power and authority to enter into this Agreement, the Escrow Agreement, the Class B Registration Rights Agreement and the Class B Stockholder Agreement and to consummate the transactions contemplated hereby and thereby.