Common use of Certain Covenants of Shareholder Clause in Contracts

Certain Covenants of Shareholder. (a) Except in accordance with the provisions of this Agreement, Shareholder agrees, while this Agreement is in effect, not to, directly or indirectly: (i) Sell, transfer, pledge, encumber, assign, or otherwise dispose of, or enter into any contract, option, or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment, or other disposition of, any of the Shares unless the party to whom such Shares are (or are to be) sold, pledged, assigned, or otherwise transferred shall have executed an acknowledgment and ratification of the grant of proxy effected by this Agreement, in such form and substance as are reasonably acceptable to Trailblazer; or (ii) Grant any proxy, deposit any Shares into a voting trust, or enter into a voting agreement with respect to any of the Shares. (b) Shareholder agrees, while this Agreement is in effect, to notify Trailblazer promptly of the number of any shares of Pioneer Common Stock acquired by such Shareholder after the date hereof.

Certain Covenants of Shareholder. (a) Except in accordance with the provisions of this Agreement, Shareholder agrees, while this Agreement is in effect, not to, directly or indirectly: (i) Sell, transfer, pledge, encumber, assign, or otherwise dispose of, or enter into any contract, option, or other arrangement or understanding with respect to the sale, transfer, pledge, encumbrance, assignment, or other disposition of, any of the Shares unless the party to whom such Shares are (or are to be) sold, pledged, assigned, or otherwise transferred shall have executed an acknowledgment and ratification of the grant of proxy effected by this Agreement, in such form and substance as are reasonably acceptable to TrailblazerPioneer; or (ii) Grant any proxy, deposit any Shares into a voting trust, or enter into a voting agreement with respect to any of the Shares. (b) Shareholder agrees, while this Agreement is in effect, to notify Trailblazer Pioneer promptly of the number of any shares of Pioneer Trailblazer Common Stock acquired by such Shareholder after the date hereof.