Voting of Escrow Shares. The Escrow Agent, as record owner of the Escrowed Shares, shall exercise all voting rights with respect to such Escrowed Shares in accordance with Section 3.5 of the Merger Agreement, upon receipt of written instructions from the Parent. The Escrow Agent is not obligated to distribute to the Members or to the PCT Representative any proxy materials or other documents relating to the Escrowed Shares received by the Escrow Agent from Parent.
Appears in 2 contracts
Samples: Voting Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)
Voting of Escrow Shares. The Escrow Agent, as record owner of the Escrowed Shares, shall exercise all voting rights with respect to such Escrowed Shares in accordance with Section 3.5 of the Merger Agreement, upon receipt of written instructions from the ParentAmorcyte Representative. The Escrow Agent is not obligated to distribute to the Members Amorcyte Stockholders or to the PCT Amorcyte Representative any proxy materials or other documents relating to the Escrowed Shares received by the Escrow Agent from Parent.
Appears in 2 contracts
Samples: Escrow Agreement (NeoStem, Inc.), Escrow Agreement (NeoStem, Inc.)