Common use of Limitation on Dispositions and Proxies Clause in Contracts

Limitation on Dispositions and Proxies. During the period from the date hereof until the earlier of the Effective Time of the Merger and the termination of the Merger Agreement in accordance with its terms, Stockholder agrees not to sell, assign, pledge, transfer or otherwise dispose of, or grant any proxies with respect to any of the Shares (except for the Proxy or a proxy which is not inconsistent with the terms of this Agreement, the Proxy or a sale, transfer or other disposition to a party to hold the Shares subject to the terms of this Agreement and any other agreement entered into pursuant to the Merger Agreement and to which the Shares are subject) or take any other action that would in any way restrict, limit or interfere with the performance of its obligations hereunder or the transactions contemplated hereby.

Appears in 4 contracts

Samples: Stockholder's Agreement (Keywell Bradley A), Stockholder's Agreement (Keywell Bradley A), Stockholder's Agreement (Lefkofsky Eric P)

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