Common use of Voting Provisions Clause in Contracts

Voting Provisions. To the extent that a Shareholder has dispositive power, but not voting power, over any of its shares of Common Stock, Section 6 of this Agreement shall only apply to the shares of Common Stock held by such Shareholder over which such Shareholder retains voting power.

Appears in 3 contracts

Samples: Shareholders Agreement (Sl Industries Inc), Shareholders Agreement (Sl Industries Inc), Shareholders Agreement (Ault Inc)

AutoNDA by SimpleDocs

Voting Provisions. To the extent that a Shareholder stockholder has dispositive power, but not voting power, over any of its shares of Common Stock or Convertible Preferred Stock, Section 6 5 of this Agreement shall only apply to the shares of Common Stock or Convertible Preferred Stock held by such Shareholder stockholder over which such Shareholder stockholder retains voting power.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Safenet Inc), Stockholders’ Agreement (Safenet Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.