Affiliated Shareholder definition
Examples of Affiliated Shareholder in a sentence
This Agreement and the obligations hereunder will terminate with respect to each Share sold, transferred or otherwise disposed of by any means by any Shareholder; provided, that the provisions and obligations of this Agreement shall continue to attach to any Shares sold or otherwise transferred by a Shareholder to another Shareholder or to an Affiliated Shareholder and such Shareholder or Affiliated Shareholder will be bound by such provisions and obligations with respect to such Shares.
Section 4.2 Each Company Affiliated Shareholder hereby affirms that the proxy set forth in this Article IV is coupled with an interest and is irrevocable until such time as this Agreement terminates in accordance with its terms.
Such Company Affiliated Shareholder acknowledges receipt of the Merger Agreement (including the exhibits and schedules thereto).
Section 4.3 The vote of the proxyholder shall control in any conflict between the vote by the proxyholder of such Company Affiliated Shareholder’s Subject PALOALTO 66463 v1 (2K) -7- Company Shares and a vote by such Company Affiliated Shareholder of such Subject Company Shares.
Newco and the Shareholders hereby agree that neither the execution nor the performance of this Agreement by the Shareholders shall mean (or be used as evidence) that any Shareholder is a member of a group (as that term is used for any purpose) with any other Shareholder or Affiliated Shareholder or that any Affiliated Shareholder is a member of any group with a Shareholder or any other Affiliated Shareholder.