Common use of General Proxy Clause in Contracts

General Proxy. During the General Proxy Period, by execution of this Agreement, each of the Major Investors hereby appoints the ▇▇▇▇▇ Representative, with full power of substitution and resubstitution, as such Major Investor’s true and lawful attorney and irrevocable proxy, to the fullest extent of such Major Investor’s rights with respect to the Common Shares owned by such Major Investor as of the Closing Date or hereafter acquired, to vote each such Common Share at each annual or special meeting of shareholders of Parent (or at any adjournment or postponement thereof or pursuant to any consent in lieu of a meeting) on all matters other than those matters covered by the proxies set forth in Section 2.2 and Section 2.3. Each Major Investor intends this proxy to be irrevocable during the General Proxy Period and coupled with an interest hereunder and hereby revokes any proxy previously granted by such Major Investor with respect to the Common Shares owned by such Major Investor as of the Closing Date or hereafter acquired. Notwithstanding any provision of this Agreement to the contrary, the proxy granted by Sponsor pursuant to this Section 2.5 will not apply to any Reserved Matter.

Appears in 3 contracts

Sources: Investor Rights Agreement (Vintage Wine Estates, Inc.), Investor Rights Agreement (Bespoke Capital Acquisition Corp), Investor Rights Agreement (Bespoke Capital Acquisition Corp)