Representation of Shareholder. Shareholder hereby represents and warrants to Buyer and DI that Shareholder has no current plan or intention to engage in a sale, transfer, exchange, distribution, pledge or other disposition, or otherwise reduce his risk of ownership of, more than forty-five percent of the DI Stock he receives from the Company.
Appears in 5 contracts
Samples: Shareholder's Agreement (Flournoy Drilling Co), Shareholder's Agreement (Flournoy Drilling Co), Shareholder's Agreement (Flournoy Drilling Co)