Common use of Tender Agreement Clause in Contracts

Tender Agreement. The Shareholders hereby agree that unless this Agreement is terminated pursuant to Article V hereof, (a) the Shareholders shall tender the Subject Shares to Merger Sub in the Offer as promptly as practicable, and in any event no later than the tenth Business Day, following the commencement of the Offer pursuant to Section 1.1 of the Merger Agreement; provided, however, that with respect to 11,400 Subject Shares held by ▇▇▇▇▇ ▇. ▇▇▇▇▇ in an individual retirement account, such Shareholder shall tender the 11,400 Subject Shares as promptly as practicable under the circumstances and (b) the Shareholders shall not withdraw any Subject Shares so tendered unless the Offer is terminated or has expired without Purchaser purchasing all shares of Common Stock validly tendered in the Offer.

Appears in 1 contract

Sources: Shareholder Tender and Voting Agreement (Paravant Inc)

Tender Agreement. The Shareholders hereby agree that unless this Agreement is terminated pursuant to Article V hereof, (a) the Shareholders shall tender the Subject Shares to Merger Sub in the Offer as promptly as practicable, and in any event no later than the tenth Business Day, following the commencement of the Offer pursuant to Section 1.1 of the Merger Agreement; provided, however, that with respect to 11,400 Subject Shares held by ▇▇▇▇▇ ▇. ▇▇▇▇▇ Vicky M. Joshi in an individual retirement account, such Shareholder shall tender Shareholde▇ ▇▇▇▇▇ ▇▇▇▇▇▇ the 11,400 Subject Shares as promptly as practicable under the circumstances and (b) the Shareholders shall not withdraw any Subject Shares so tendered unless the Offer is terminated or has expired without Purchaser purchasing all shares of Common Stock validly tendered in the Offer.

Appears in 1 contract

Sources: Shareholder Tender and Voting Agreement (DRS Technologies Inc)

Tender Agreement. The Shareholders hereby agree that unless this Agreement is terminated pursuant to Article V hereof, (a) the Shareholders shall tender the Subject Shares to Merger Sub in the Offer as promptly as practicable, and in any event no later than the tenth Business Day, following the commencement of the Offer pursuant to Section 1.1 of the Merger Agreement; provided, however, that with respect to 11,400 Subject Shares held by ▇▇▇▇▇ ▇. ▇▇▇▇▇ Vicky M. Joshi in an individual retirement account, such Shareholder shall tender the s▇▇▇▇ ▇▇▇▇▇▇ ▇▇e 11,400 Subject Shares as promptly as practicable under the circumstances and (b) the Shareholders shall not withdraw any Subject Shares so tendered unless the Offer is terminated or has expired without Purchaser purchasing all shares of Common Stock validly tendered in the Offer.

Appears in 1 contract

Sources: Shareholder Tender and Voting Agreement (Paravant Inc)