Examples of Management Voting Trust Agreement in a sentence
This Agreement may be amended, modified or supplemented or any term or condition waived only by a written instrument executed by the parties hereto; provided, however, that pursuant to the Management Voting Trust Agreement, each Management Investor has delegated to the Voting Trustees the authority to act on his or her behalf for purposes of this Section 6.04.
Pursuant to the Management Voting Trust Agreement, the Trustee shall deliver such shares of Common Stock to the Voting Trustees in return for Voting Trust Certificates representing such shares of Common Stock.
Effective as of the Closing Date, each Executive hereby resigns from the position of Voting Trustee (as defined in the Management Voting Trust Agreement) under the Management Voting Trust Agreement and appoints the Investor as its successor, in accordance with the provisions of Section 12 (b) thereunder, to exercise all of the rights, powers and discretions of the Voting Trustee granted thereunder.
Xxxxx Title: Managing Member The undersigned, as Depositary under the Management Voting Trust Agreement, hereby acknowledges the terms and provisions agreed to by the parties to this Assignment and Assumption Agreement and consents to the assignment and assumption of rights contemplated hereby.
The sale, transfer or other disposition of the securities represented by this certificate and certain other rights and obligations of the holder of this certificate are also subject to the Stockholders' Agreement and the Management Voting Trust Agreement, each dated as of December 12, 1996 and by and among the Company and the other parties thereto (copies of which are available for review at the principal office of the Company by contacting the Secretary of the Company).
The Trustee shall not make any payments with respect to Participants or Indemnitees from the Trust Fund except as provided in Sections 5.1, 5.2 and 5.5, and the Trustee shall, to the maximum extent permitted by applicable law, be fully protected in acting in respect of or upon the Plan, the Contribution Agreement, the Management Voting Trust Agreement and any written statement, affidavit, direction, order or certification provided for hereunder.
Voting Trust Certificate for Shares of Money Market Preferred Stock, without par value See Reverse for Certain Information THIS IS TO CERTIFY THAT, upon the terms and subject to the conditions described in a certain Management Voting Trust Agreement (the "Voting Trust Agreement") pursuant to which this certificate has been issued, dated as of December 12, 1996, by and among Petex X.
The Investor hereby accepts the foregoing assignment of all of the Executives' right, title and interest in, to and under the Management Voting Trust Agreement and assumes all such rights, title and interest thereunder to the extent that the same may be assigned by the Executives.
While the Management Voting Trust Agreement is in effect, the shares of Common Stock represented by the Voting Trust Certificates held in the Trust Fund shall be voted by the Voting Trustees in accordance with the terms of such Management Voting Trust Agreement.
The Investor hereby accepts the foregoing appointment as Voting Trustee under the Management Voting Trust Agreement and agrees to be bound by the provisions of the Management Voting Trust Agreement as if it were an original signatory thereto.