Common use of Excluded Matters Clause in Contracts

Excluded Matters. During the Standstill Period, each Investor covenants and agrees with the Parent that it shall not exercise any voting rights attached to Common Shares beneficially owned or controlled by the Investors and its Affiliates in connection with any proposal submitted to the shareholders of the Parent in respect of any amendment, waiver, renewal or replacement of the Parent's Shareholder Rights Plan.

Appears in 3 contracts

Sources: Investor Rights Agreement (SunOpta Inc.), Investor Rights Agreement (SunOpta Inc.), Securities Subscription Agreement (SunOpta Inc.)

Excluded Matters. During the Standstill Period, each Investor covenants and agrees with the Parent that it shall not exercise any voting rights attached to Common Shares beneficially owned or controlled by the Investors and its Affiliates in connection with any proposal submitted to the shareholders of the Parent in respect of any amendment, waiver, renewal or replacement of the Parent's ’s Shareholder Rights Plan.

Appears in 2 contracts

Sources: Investor Rights Agreement (Engaged Capital LLC), Securities Subscription Agreement (SunOpta Inc.)

Excluded Matters. During the Standstill Period, each Investor covenants and agrees with the Parent that it shall not exercise any voting rights attached to Common Shares beneficially owned or controlled by the Investors and its Affiliates in connection with any proposal submitted to the shareholders of the Parent in respect of any amendment, waiver, renewal or replacement of the Parent's Shareholder Rights Plan. At no time shall the Investors exercise any voting rights attached to Common Shares beneficially owned or controlled by the Investors and its Affiliates to obtain any Shareholder Approval.

Appears in 1 contract

Sources: Investor Rights Agreement (SunOpta Inc.)