Common use of Voting of Shares Clause in Contracts

Voting of Shares. The Indemnification Representative shall have the right, in his sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 6 contracts

Samples: Indemnification Escrow Agreement (Eastern Resources, Inc.), Indemnification Escrow Agreement (Dynastar Holdings, Inc.), Escrow Agreement (Visual Network Design, Inc.)

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Voting of Shares. The Indemnification Representative Representatives shall have the right, in his their sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative Representatives shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 4 contracts

Samples: Escrow Agreement (GoFish Corp.), Escrow Agreement (UFood Restaurant Group, Inc.), Loan and Security Agreement (Unisphere Networks Inc)

Voting of Shares. The Indemnification Representative Representatives shall have the right, in his their sole discretion, on behalf of the Indemnifying StockholdersShareholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Tekgraf Inc), Agreement and Plan of Merger (Tekgraf Inc), Agreement and Plan of Merger (Tekgraf Inc)

Voting of Shares. The Indemnification Representative shall have the right, in his sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Indemnification Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Indemnification Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 3 contracts

Samples: Buyside Indemnification Shares Escrow Agreement (Content Checked Holdings, Inc.), Cci Indemnification Shares Escrow Agreement (Content Checked Holdings, Inc.), Indemnification Shares Escrow Agreement (Ekso Bionics Holdings, Inc.)

Voting of Shares. The Indemnification Representative shall have the right, in his sole discretion, on behalf of the Indemnifying StockholdersShareholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 2 contracts

Samples: Security and Escrow Agreement (Rychel William M), Pledge, Security and Escrow Agreement (Tekgraf Inc)

Voting of Shares. The Indemnification Representative shall have the right, in his its sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 2 contracts

Samples: Escrow Agreement (Kreido Biofuels, Inc.), Escrow Agreement (Modigene Inc.)

Voting of Shares. The Indemnification Representative shall have the right, in his sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, Shares and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders Company Members for purposes the purpose of any such vote.

Appears in 1 contract

Samples: Indemnification Share Escrow Agreement (Cur Media, Inc.)

Voting of Shares. The Indemnification Representative Representatives shall have the right, in his their sole discretion, on behalf of the Indemnifying StockholdersSecurityholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative Representatives shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders Securityholders for purposes of any such vote.

Appears in 1 contract

Samples: Escrow Agreement (Distributed Energy Systems Corp)

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Voting of Shares. The Indemnification Representative Representatives shall have the right, in his their sole discretion, on behalf of the Indemnifying Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow SharesUnits on or after January 3, 1996, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow SharesUnits. The Indemnification Representative Representatives shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders for purposes of any such vote.

Appears in 1 contract

Samples: Escrow Agreement (Thermo Process Systems Inc)

Voting of Shares. The Indemnification Representative shall have the right, in his his, her or its sole discretion, on behalf of the Indemnifying StockholdersEquity Holders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Indemnification Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Indemnification Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders Equity Holders for purposes of any such vote.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Akamai Technologies Inc)

Voting of Shares. The Indemnification Representative shall have the right, in his its sole discretion, on behalf of the Indemnifying StockholdersShareholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Stockholders Shareholders for purposes of any such vote.

Appears in 1 contract

Samples: Indemnifying Escrow Agreement (Oxford Ventures Inc)

Voting of Shares. The Indemnification Representative shall have the right, in his or her sole discretion, on behalf of the Indemnifying Company Stockholders, to direct the Escrow Agent in writing as to the exercise of any voting rights pertaining to the Escrow Shares, and the Escrow Agent shall comply with any such written instructions. In the absence of such instructions, the Escrow Agent shall not vote any of the Escrow Shares. The Indemnification Representative shall have no obligation to solicit consents or proxies from the Indemnifying Company Stockholders for purposes of any such vote.

Appears in 1 contract

Samples: Escrow Agreement (Udate Com Inc)

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