Examples of Existing Shareholders Agreement in a sentence
For the avoidance of doubt, the Parties acknowledge that the Existing Shareholders Agreement shall remain in full force and effect until the Effective Date, whereupon the Existing Shareholders Agreement shall terminate and be of no further force and effect.
Each Seller agrees that simultaneous with the Closing the Existing Shareholders Agreement shall terminate and be of no further force and effect.
This Agreement, together with the exhibits and schedules hereto and the other Transaction Documents, supersede all contemporaneous or prior agreements and understandings between the parties with respect to such subject matter, including (without limitation) the Existing Shareholders Agreement.
The Fund Shareholders, the Executives, the Other Company Shareholders and the Company are parties to an Amended and Restated Shareholders Agreement, dated as of January 12, 1995 (the "Existing Shareholders Agreement"), which will be terminated and be restated pursuant to this Agreement upon closing under the Purchase Agreement.
Except as permitted under the Existing Shareholders Agreement, the Stockholders hereby agree that, at all times during the period commencing with the execution and delivery of this Agreement until the Record Date, the Stockholders shall not cause or permit any Transfer of any of the Shares (or any securities convertible into or exercisable or exchangeable for Shares), or any interest in the foregoing, to be effected.