Voting; Disposition. Until retransferred to Buyer or its Affiliate in accordance with the provisions of this Section 11, the Indemnification Shares shall be held of record by Seller for all purposes (including federal income tax purposes), and Seller shall have full right to vote the Indemnification Shares on all matters coming before the stockholders of Buyer. No interest in the Indemnification Shares may be sold or transferred to any Third Party prior to any distribution of the Indemnification Shares pursuant to Section 11.6.2(e)
Appears in 1 contract
Sources: Asset Purchase Agreement (Watchguard Technologies Inc)
Voting; Disposition. Until retransferred to Buyer the Company or its Affiliate in accordance with the provisions of this Section 118, the Indemnification Shares shall be held of record by Seller the Shareholder for all purposes (including federal income tax purposes), and Seller the Shareholder shall have full right to vote the Indemnification Shares on all matters coming before the stockholders shareholders of Buyerthe Company. No interest in the Indemnification Shares may be sold or transferred to any Third Party prior to any distribution of the Indemnification Shares pursuant to Section 11.6.2(e)8.5.
Appears in 1 contract
Sources: Share Exchange Agreement (Dense Pac Microsystems Inc)