Examples of Voting Trust and Divestiture Agreement in a sentence
On or before the Closing Date, each of New RIT and the Foundation shall execute and deliver that certain Voting Trust and Divestiture Agreement substantially in the form of that attached hereto as Exhibit L (the "Voting Trust and Divestiture Agreement").
The Foundation hereby covenants and agrees that it shall not sell any Registrable Securities in violation of the Securities Act and this Agreement, the Voting Trust and Divestiture Agreement, the Certificate of Incorporation and the Bylaws.
The Voting Trust and Divestiture Agreement shall become effective at the RIT/New RIT Merger Effective Time.
Each Holder hereby covenants and agrees that it shall not sell any Registrable Securities in violation of the Securities Act and this Agreement, the Voting Trust and Divestiture Agreement, the Certificate of Incorporation and the Bylaws.
The Holders hereby covenant and agree that they shall not sell any Registrable Securities in violation of the Securities Act and this Agreement, the Voting Trust and Divestiture Agreement, the Articles of Incorporation and the Bylaws.
The Fund and the Foundation each agrees with the Company that for the term of the Voting Trust and Divestiture Agreement no individual shall at any time serve as a member of its managing board if such individual also serves or at any time previously served on the managing board of the other.
The Fund shall be permitted to enter into transactions in respect of the Registrable Securities that constitute customary market hedging strategies; provided that, such transactions do not otherwise violate any of the provisions of the Certificate of Incorporation, the Voting Trust and Divestiture Agreement or this Agreement.
The Voting Trust Agreement, when executed by the Purchaser, Stockholder and such trustee, shall replace and supercede the Voting Trust and Divestiture Agreement dated as of November 30, 2000 between Target, Stockholder and the trustee thereunder.
The Foundation authorizes and directs New RIT to issue [insert number of shares necessary to comply with Section 2.01 of the Voting Trust and Divestiture Agreement] shares of New RIT Stock issuable in exchange for the outstanding share of New RIT Stock pursuant to Section 1.05(c) hereof directly to the trustee designated by the Voting Trust and Divestiture Agreement (as defined in Section 3.09 hereof) to be held in the voting trust established by the Voting Trust and Divestiture Agreement.
The Foundation authorizes and directs New RIT to issue each share of New RIT Stock issuable in exchange for the outstanding share of New RIT Stock pursuant to Section 1.05(c) hereof directly to the trustee designated by the Voting Trust and Divestiture Agreement (as defined in Section 3.09 hereof) to be held in the voting trust established by the Voting Trust and Divestiture Agreement.