COVENANTS OF THE MACROSPACE SHAREHOLDERS Sample Clauses

COVENANTS OF THE MACROSPACE SHAREHOLDERS. During the period from the Agreement Date until the earlier to occur of (i) the Closing or (ii) the termination of this Agreement in accordance with Article 10 (and after the Closing with respect to those covenants and agreements set forth below that by their terms continue or arise after the Closing), each of the Macrospace Shareholders covenants and agrees to act, or to cause Macrospace to act, as set forth in this Article 5. By way of clarification, (1) no Macrospace Shareholder shall have any liability, responsibility or obligation with respect to any covenant and agreements (other than Section 5.12) unless the Closing shall occur, and only then to the extent expressly provided in Article 11, and (2) each Macrospace Shareholder’s covenants and agreements below are made solely by such Macrospace Shareholder, and neither Macrospace nor any other Macrospace Shareholder shall have any liability, responsibility or obligation with respect to such Macrospace Shareholder’s covenants or agreements, provided, that all Macrospace Shareholders shall be liable and responsible for a breach of covenants and agreements relating to Macrospace made by the Founders as expressly provided in Article 11.
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