Common use of Covenants of the Selling Shareholders Clause in Contracts

Covenants of the Selling Shareholders. (a) From the date hereof until the Closing, each of the Selling Shareholders covenants and agrees that it will not, without the prior written consent of RGI, directly or indirectly (i) transfer any of the Shares, except to Purchaser pursuant hereto, or (ii) exercise any voting rights of the Shares or grant any proxies (except as set forth herein) or enter into any voting trust or other agreement or arrangement with respect to the voting of any Shares.

Appears in 2 contracts

Samples: Common Stock Purchase and Sale Agreement (Rgi Holdings Inc), Common Stock Purchase and Sale Agreement (Ariel Management Corp)

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Covenants of the Selling Shareholders. (a) From the date hereof until the Closing, each of the Selling Shareholders covenants and agrees that it he or she will not, without the prior written consent of RGI, directly or indirectly (i) transfer any of the Shares, except to Purchaser pursuant hereto, or (ii) exercise any voting rights of the Shares or grant any proxies (except as set forth herein) or enter into any voting trust or other agreement or arrangement with respect to the voting of any Shares.

Appears in 1 contract

Samples: Common Stock Purchase and Sale Agreement (Rgi Holdings Inc)

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