Irrevocable Proxy definition
Examples of Irrevocable Proxy in a sentence
This Irrevocable Proxy shall operate to revoke and render void any prior proxy as to any securities of Vir Bio heretofore granted by Astellas which is inconsistent herewith.
Notwithstanding the foregoing, the Irrevocable Proxy shall be effective if, ay any annual or special meeting of the stockholders of Vir Bio and at any adjournments or postponements of any such meetings, Astellas (A) fails to appear or otherwise fails to cause any Shares to be counted as present for purposes of calculating a quorum, or (B) fails to vote such Shares in accordance with this Section 4.4(a), in each case at least five (5) business days prior to the date of such stockholders’ meeting.
The Irrevocable Proxy shall terminate upon the earlier of the expiration or termination of the voting agreement set forth in this Section 4.4.
This Irrevocable Proxy is coupled with an interest, shall be irrevocable and binding on any successor in interest of ▇▇▇▇▇▇▇▇ and shall not be terminated by operation of law upon the occurrence of any event.