Common use of No Purchases Clause in Contracts

No Purchases. Until the Termination Date (as defined below), ▇▇▇▇▇▇▇ agrees not to purchase or otherwise acquire beneficial ownership of securities of the Company in excess of the 3,937,296 shares of common stock of the Company beneficially owned by ▇▇▇▇▇▇▇ as of the date hereof; provided, however, it is understood and agreed that any securities acquired pursuant to or underlying any award or grant from the Company with respect to the Bandera Director’s service as a director of the Company shall be excluded from such restriction.