Common use of Voting Obligations Clause in Contracts

Voting Obligations. Each Stockholder entitled to vote for the election of Directors hereby agrees to vote all shares of Common Stock held by such Stockholder in favor of electing the NBA Director to the Board in accordance with Section 2.02, and to take all other necessary action in order to ensure that the composition of the Board is as set forth in Sections 2.01 and 2.02. For the avoidance of doubt, this Agreement, including this Section 2.04, shall not restrict any Stockholder from transferring any of its Common Stock as otherwise permitted by applicable law.

Appears in 2 contracts

Sources: Business Combination Agreement (New Beginnings Acquisition Corp.), Stockholders Agreement (Airspan Networks Holdings Inc.)