Common use of Ownership of Stock Clause in Contracts

Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Individual Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of Individual), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 3 contracts

Samples: Participation Agreement (Individual Inc), Participation Agreement (Desktop Data Inc), Participation Agreement (Individual Inc)

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Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Individual Desktop Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of IndividualDesktop), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 3 contracts

Samples: Exhibit 3 Participation Agreement (Desktop Data Inc), Exhibit 3 Participation Agreement (Desktop Data Inc), Participation Agreement (Desktop Data Inc)

Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Individual Target Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of IndividualTarget), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 2 contracts

Samples: Participation Agreement (Rational Software Corp), Participation Agreement (Rational Software Corp)

Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Individual WEST Common Stock set forth in the WEST Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of IndividualWEST), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 1 contract

Samples: West Voting Agreement (Act Manufacturing Inc)

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Ownership of Stock. The Major Stockholder is the record and ------------------ beneficial owner of the shares of Individual EAST Common Stock set forth in the Affiliate Agreement, and owns all such shares free and clear of any and all liens, pledges, charges, security interests, restrictions or encumbrances of any kind or any rights of first refusal (other than in favor of IndividualEAST), voting trusts, proxies or other arrangements or understandings, whether written or oral, and the Major Stockholder has the sole and exclusive right and power to exercise all voting rights and other rights with respect to such shares.

Appears in 1 contract

Samples: East Voting Agreement (Act Manufacturing Inc)

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